Brookmont Capital Management Has Upped Its Harris Del (HRS) Stake; Central Europe Russia & Turkey Fund (CEE) Has 1.33 Sentiment

December 1, 2017 - By Dolores Ford

Brookmont Capital Management increased Harris Corp Del (HRS) stake by 145.53% reported in 2017Q2 SEC filing. Brookmont Capital Management acquired 7,415 shares as Harris Corp Del (HRS)’s stock declined 1.51%. The Brookmont Capital Management holds 12,510 shares with $1.37M value, up from 5,095 last quarter. Harris Corp Del now has $17.03 billion valuation. The stock decreased 1.14% or $1.65 during the last trading session, reaching $142.85. About 377,008 shares traded. Harris Corporation (NYSE:HRS) has risen 39.09% since December 1, 2016 and is uptrending. It has outperformed by 22.39% the S&P500.

The stock decreased 0.32% or $0.08 during the last trading session, reaching $24.72. About 12,333 shares traded or 8.07% up from the average. The Central and Eastern Europe Fund, Inc. (CEE) has risen 21.02% since December 1, 2016 and is uptrending. It has outperformed by 4.32% the S&P500.

Among 9 analysts covering Harris (NYSE:HRS), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Harris had 31 analyst reports since August 10, 2015 according to SRatingsIntel. On Wednesday, February 3 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was maintained on Wednesday, June 7 by Cowen & Co. Cowen & Co maintained it with “Buy” rating and $12500 target in Tuesday, August 1 report. Jefferies maintained Harris Corporation (NYSE:HRS) rating on Friday, October 20. Jefferies has “Buy” rating and $135.0 target. Cowen & Co maintained it with “Buy” rating and $12500 target in Thursday, July 6 report. The firm earned “Outperform” rating on Monday, November 7 by Cowen & Co. The rating was initiated by Seaport Global Securities on Monday, November 7 with “Buy”. On Monday, October 12 the stock rating was upgraded by JP Morgan to “Overweight”. Jefferies maintained it with “Buy” rating and $157 target in Wednesday, November 1 report. The rating was maintained by JP Morgan with “Overweight” on Wednesday, November 1.

Brookmont Capital Management decreased Verizon Communications Inc (NYSE:VZ) stake by 10,672 shares to 48,644 valued at $2.17M in 2017Q2. It also reduced Novartis A G (NYSE:NVS) stake by 3,806 shares and now owns 103,689 shares. Gallagher Arthur J & Co (NYSE:AJG) was reduced too.

Investors sentiment decreased to 0.93 in Q2 2017. Its down 0.10, from 1.03 in 2017Q1. It turned negative, as 43 investors sold HRS shares while 198 reduced holdings. 71 funds opened positions while 154 raised stakes. 100.73 million shares or 2.38% less from 103.18 million shares in 2017Q1 were reported. Wg Shaheen Associates Dba Whitney owns 7,919 shares for 0.28% of their portfolio. Old State Bank In has invested 0.04% in Harris Corporation (NYSE:HRS). 214,307 were reported by Alliancebernstein Ltd Partnership. Voya Investment Management Ltd holds 0.02% of its portfolio in Harris Corporation (NYSE:HRS) for 87,919 shares. Bb&T Corporation stated it has 10,311 shares. Bluestein R H & invested 0.03% in Harris Corporation (NYSE:HRS). Huntington Financial Bank invested in 2,959 shares or 0.01% of the stock. Da Davidson & Company stated it has 0% of its portfolio in Harris Corporation (NYSE:HRS). Tiaa Cref Investment Limited Liability Company has 0.03% invested in Harris Corporation (NYSE:HRS) for 446,596 shares. Mutual Of America Cap Ltd Liability reported 26,441 shares. Vanguard Group Inc Inc Inc stated it has 13.41M shares or 0.07% of all its holdings. Dekabank Deutsche Girozentrale holds 17,570 shares or 0.02% of its portfolio. Calamos Advisors reported 0.13% of its portfolio in Harris Corporation (NYSE:HRS). Tnb Financial invested in 2,740 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 26,614 shares.

City Of London Investment Management Co Ltd holds 2.42% of its portfolio in The Central and Eastern Europe Fund, Inc. for 1.46 million shares. 1607 Capital Partners Llc owns 330,226 shares or 0.43% of their US portfolio. Moreover, Meridian Investment Counsel Inc. has 0.35% invested in the company for 26,471 shares. The Maryland-based Montgomery Investment Management Inc has invested 0.21% in the stock. Cornerstone Advisors Inc, a Alabama-based fund reported 39,343 shares.

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