Contravisory Investment Management Has Trimmed Trimble (TRMB) Stake; Columbus Mckinnon (CMCO)’s Sentiment Is 1.05

November 14, 2017 - By Pete Kolinski

Contravisory Investment Management Inc decreased Trimble Inc (TRMB) stake by 5.16% reported in 2017Q2 SEC filing. Contravisory Investment Management Inc sold 8,892 shares as Trimble Inc (TRMB)’s stock rose 13.95%. The Contravisory Investment Management Inc holds 163,449 shares with $5.83 million value, down from 172,341 last quarter. Trimble Inc now has $10.45B valuation. The stock rose 0.68% or $0.28 reaching $41.27. About 577,986 shares traded. Trimble Inc (NASDAQ:TRMB) has risen 51.45% since November 14, 2016 and is uptrending. It has outperformed by 34.75% the S&P500.

Columbus McKinnon Corporation is a global designer, maker and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products serving various commercial and industrial end user markets. The company has market cap of $850.94 million.

Since May 22, 2017, it had 0 insider buys, and 6 insider sales for $2.53 million activity. PEEK MARK S sold $425,913 worth of stock or 11,717 shares. $953,414 worth of Trimble Inc (NASDAQ:TRMB) shares were sold by Shepard Julie A. $132,438 worth of Trimble Inc (NASDAQ:TRMB) was sold by Kliem Jurgen on Thursday, June 1. $13,828 worth of Trimble Inc (NASDAQ:TRMB) was sold by KIRKLAND JAMES A. On Monday, May 22 Veneziano James sold $336,823 worth of Trimble Inc (NASDAQ:TRMB) or 9,426 shares.

Investors sentiment increased to 1.28 in Q2 2017. Its up 0.20, from 1.08 in 2017Q1. It improved, as 25 investors sold TRMB shares while 115 reduced holdings. 51 funds opened positions while 128 raised stakes. 223.17 million shares or 0.94% less from 225.30 million shares in 2017Q1 were reported. Los Angeles Cap Management Equity Rech has 0.01% invested in Trimble Inc (NASDAQ:TRMB). Eagle Ridge Inv Mgmt holds 179,909 shares. Congress Asset Ma stated it has 145,908 shares. Toronto Dominion Bancorporation invested 0% of its portfolio in Trimble Inc (NASDAQ:TRMB). 72,500 were reported by Caisse De Depot Et Placement Du Quebec. Riverpark Capital Mgmt Lc accumulated 336,945 shares. Dekabank Deutsche Girozentrale reported 0.03% of its portfolio in Trimble Inc (NASDAQ:TRMB). Aperio Grp Inc Limited Co has invested 0.02% in Trimble Inc (NASDAQ:TRMB). Westpac Corporation owns 16,154 shares or 0% of their US portfolio. Huntington Bancorp reported 5,560 shares or 0% of all its holdings. First Personal owns 244 shares for 0% of their portfolio. Goldman Sachs holds 0.01% of its portfolio in Trimble Inc (NASDAQ:TRMB) for 1.15M shares. Etrade Mgmt Ltd holds 0.01% or 6,043 shares. Exane Derivatives holds 0% or 408 shares. Dimensional Fund L P, a Texas-based fund reported 1.00M shares.

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Trimble Navigation Limited had 35 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by Piper Jaffray given on Monday, July 24. The stock of Trimble Inc (NASDAQ:TRMB) has “Buy” rating given on Friday, October 27 by Needham. The firm has “Buy” rating given on Thursday, February 9 by Needham. Craig Hallum maintained it with “Hold” rating and $20 target in Wednesday, August 5 report. The firm earned “Equal-Weight” rating on Thursday, August 17 by Morgan Stanley. The rating was upgraded by Goldman Sachs to “Neutral” on Friday, November 20. Oppenheimer maintained the shares of TRMB in report on Tuesday, August 8 with “Buy” rating. JP Morgan downgraded the shares of TRMB in report on Tuesday, June 28 to “Neutral” rating. Craig Hallum maintained it with “Hold” rating and $24 target in Thursday, February 9 report. The firm has “Neutral” rating by Robert W. Baird given on Monday, October 5.

Analysts await Trimble Inc (NASDAQ:TRMB) to report earnings on February, 14. They expect $0.31 earnings per share, up 10.71% or $0.03 from last year’s $0.28 per share. TRMB’s profit will be $78.50M for 33.28 P/E if the $0.31 EPS becomes a reality. After $0.35 actual earnings per share reported by Trimble Inc for the previous quarter, Wall Street now forecasts -11.43% negative EPS growth.

Analysts await Columbus McKinnon Corp. (NASDAQ:CMCO) to report earnings on January, 25. They expect $0.31 EPS, up 40.91% or $0.09 from last year’s $0.22 per share. CMCO’s profit will be $7.13M for 29.84 P/E if the $0.31 EPS becomes a reality. After $0.51 actual EPS reported by Columbus McKinnon Corp. for the previous quarter, Wall Street now forecasts -39.22% negative EPS growth.

About 32,648 shares traded. Columbus McKinnon Corp. (CMCO) has risen 68.84% since November 14, 2016 and is uptrending. It has outperformed by 52.14% the S&P500.

Spitfire Capital Llc holds 4.83% of its portfolio in Columbus McKinnon Corp. for 408,556 shares. Skyline Asset Management Lp owns 557,050 shares or 1.19% of their US portfolio. Moreover, Eagle Boston Investment Management Inc has 1.15% invested in the company for 417,316 shares. The Oregon-based Pacific Ridge Capital Partners Llc has invested 1.12% in the stock. Forest Hill Capital Llc, a Arkansas-based fund reported 141,420 shares.

Since January 1, 0001, it had 0 insider purchases, and 4 insider sales for $266,781 activity.

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