Pzena Investment Management Has Cut Columbus Mckinnon (CMCO) Position; Iberiabank Has Upped By $3.01 Million Its Philip Morris International (PM) Stake

October 13, 2017 - By Ellis Scott

Pzena Investment Management Llc decreased Columbus Mckinnon Corp (CMCO) stake by 27.39% reported in 2017Q2 SEC filing. Pzena Investment Management Llc sold 110,781 shares as Columbus Mckinnon Corp (CMCO)’s stock declined 9.47%. The Pzena Investment Management Llc holds 293,625 shares with $7.46M value, down from 404,406 last quarter. Columbus Mckinnon Corp now has $848.22 million valuation. The stock decreased 0.82% or $0.31 during the last trading session, reaching $37.49. About shares traded. Columbus McKinnon Corp. (NASDAQ:CMCO) has risen 68.84% since October 13, 2016 and is uptrending. It has outperformed by 52.14% the S&P500.

Iberiabank Corp increased Philip Morris International Inc (PM) stake by 188.86% reported in 2017Q2 SEC filing. Iberiabank Corp acquired 25,741 shares as Philip Morris International Inc (PM)’s stock rose 10.69%. The Iberiabank Corp holds 39,371 shares with $4.62M value, up from 13,630 last quarter. Philip Morris International Inc now has $176.80B valuation. The stock increased 0.31% or $0.35 during the last trading session, reaching $114.53. About shares traded. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since October 13, 2016 and is uptrending. It has underperformed by 0.05% the S&P500.

Among 4 analysts covering Columbus McKinnon (NASDAQ:CMCO), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. Columbus McKinnon had 8 analyst reports since July 29, 2015 according to SRatingsIntel. Sidoti upgraded Columbus McKinnon Corp. (NASDAQ:CMCO) on Wednesday, July 29 to “Buy” rating. The rating was downgraded by Seaport Global Securities to “Neutral” on Friday, January 15. On Monday, January 18 the stock rating was downgraded by Seaport Global Securities to “Neutral”. The stock of Columbus McKinnon Corp. (NASDAQ:CMCO) has “Buy” rating given on Thursday, January 26 by Sidoti. The stock of Columbus McKinnon Corp. (NASDAQ:CMCO) has “Buy” rating given on Monday, January 23 by Seaport Global Securities. The stock of Columbus McKinnon Corp. (NASDAQ:CMCO) has “Neutral” rating given on Wednesday, December 7 by Sidoti. As per Friday, July 28, the company rating was initiated by Roth Capital. The firm has “Sell” rating given on Monday, September 21 by Zacks.

Analysts await Columbus McKinnon Corp. (NASDAQ:CMCO) to report earnings on October, 27. They expect $0.45 EPS, up 25.00% or $0.09 from last year’s $0.36 per share. CMCO’s profit will be $10.18 million for 20.83 P/E if the $0.45 EPS becomes a reality. After $0.55 actual EPS reported by Columbus McKinnon Corp. for the previous quarter, Wall Street now forecasts -18.18% negative EPS growth.

Since June 1, 2017, it had 0 insider buys, and 4 insider sales for $266,781 activity. On Wednesday, June 7 Buer Gene P sold $142,829 worth of Columbus McKinnon Corp. (NASDAQ:CMCO) or 5,147 shares. $28,710 worth of Columbus McKinnon Corp. (NASDAQ:CMCO) was sold by Korman Alan S on Friday, June 9.

Pzena Investment Management Llc increased Wen Holding Inc stake by 656,231 shares to 3.16 million valued at $102.68 million in 2017Q2. It also upped Cenovus Energy Inc. (NYSE:CVE) stake by 3.05 million shares and now owns 22.08M shares. Cvs Health Corporation (NYSE:CVS) was raised too.

Investors sentiment decreased to 1.05 in 2017 Q2. Its down 0.95, from 2 in 2017Q1. It worsened, as 19 investors sold CMCO shares while 38 reduced holdings. 19 funds opened positions while 41 raised stakes. 19.41 million shares or 3.33% more from 18.79 million shares in 2017Q1 were reported. Manufacturers Life Ins Com The has 16,336 shares for 0% of their portfolio. Hennessy Advsrs has 0.11% invested in Columbus McKinnon Corp. (NASDAQ:CMCO) for 143,900 shares. Adage Cap Prtnrs Gru Lc reported 1.80 million shares or 0.11% of all its holdings. 44,324 were reported by Sei Invests. Thompson Siegel And Walmsley Limited Company has 0% invested in Columbus McKinnon Corp. (NASDAQ:CMCO). Nordea Invest Mngmt owns 7,100 shares. Prudential Financial owns 84,102 shares. Systematic Financial Management LP reported 225,155 shares. State Street accumulated 0% or 364,841 shares. D E Shaw & stated it has 0% of its portfolio in Columbus McKinnon Corp. (NASDAQ:CMCO). Walthausen Limited Liability Company holds 0.61% or 245,931 shares. Barrow Hanley Mewhinney And Strauss Ltd Liability stated it has 105,346 shares or 0% of all its holdings. Loomis Sayles LP holds 0.02% or 393,162 shares. Aqr Management Ltd Liability Com reported 0% of its portfolio in Columbus McKinnon Corp. (NASDAQ:CMCO). State Board Of Administration Of Florida Retirement holds 0% of its portfolio in Columbus McKinnon Corp. (NASDAQ:CMCO) for 21,048 shares.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.03, from 0.91 in 2017Q1. It worsened, as 53 investors sold PM shares while 558 reduced holdings. 118 funds opened positions while 421 raised stakes. 1.10 billion shares or 0.43% less from 1.10 billion shares in 2017Q1 were reported. Van Hulzen Asset Management Limited Liability owns 0.1% invested in Philip Morris International Inc. (NYSE:PM) for 2,196 shares. Cadence Capital Mgmt Limited Liability Corp accumulated 113,011 shares. Salem Counselors has invested 0.51% in Philip Morris International Inc. (NYSE:PM). Cypress Asset Mgmt Tx has invested 0.64% in Philip Morris International Inc. (NYSE:PM). Morgan Dempsey Cap Mgmt Llc owns 46,195 shares for 1.98% of their portfolio. Arizona State Retirement System holds 526,643 shares. America First Investment Advsr Limited Liability Co invested 0.02% in Philip Morris International Inc. (NYSE:PM). Teacher Retirement Sys Of Texas has invested 1.2% of its portfolio in Philip Morris International Inc. (NYSE:PM). Gamble Jones Invest Counsel accumulated 1.43% or 116,415 shares. First Savings Bank Of Omaha stated it has 36,503 shares or 0.27% of all its holdings. Train Babcock Advsrs Limited Liability Corp has invested 0.3% in Philip Morris International Inc. (NYSE:PM). Capital Ca accumulated 74,330 shares. Sterling Cap Mngmt Limited Liability holds 0.05% in Philip Morris International Inc. (NYSE:PM) or 46,583 shares. Dodge & Cox owns 19,133 shares. Coldstream Capital Mngmt reported 0.21% of its portfolio in Philip Morris International Inc. (NYSE:PM).

Among 19 analysts covering Philip Morris International (NYSE:PM), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Philip Morris International has $140.0 highest and $80 lowest target. $112.98’s average target is -1.35% below currents $114.53 stock price. Philip Morris International had 39 analyst reports since August 24, 2015 according to SRatingsIntel. Goldman Sachs upgraded the stock to “Buy” rating in Thursday, September 28 report. As per Tuesday, March 8, the company rating was upgraded by BNP Paribas. The rating was maintained by Jefferies on Tuesday, September 26 with “Hold”. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Friday, September 22 by Cowen & Co. The rating was maintained by Wells Fargo with “Buy” on Tuesday, October 10. The rating was maintained by Cowen & Co with “Buy” on Thursday, July 20. On Monday, August 21 the stock rating was maintained by Cowen & Co with “Buy”. The firm has “Neutral” rating by Nomura given on Monday, November 30. The stock of Philip Morris International Inc. (NYSE:PM) earned “Buy” rating by Goldman Sachs on Monday, September 12. Vetr upgraded the stock to “Buy” rating in Monday, August 24 report.

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By1 Ellis Scott




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