Colonial Trust Advisors Lowered Its Archer Daniels Midld (ADM) Stake by $350,574 as Market Value Declined; Dover (DOV) Holder Segall Bryant & Hamill Has Increased Its Position by $9.21 Million as Valuation Rose

February 15, 2018 - By Linda Rogers

Segall Bryant & Hamill Llc increased its stake in Dover Corp (DOV) by 388.01% based on its latest 2017Q3 regulatory filing with the SEC. Segall Bryant & Hamill Llc bought 101,235 shares as the company’s stock rose 4.00% with the market. The hedge fund held 127,326 shares of the industrial machinery and components company at the end of 2017Q3, valued at $11.64 million, up from 26,091 at the end of the previous reported quarter. Segall Bryant & Hamill Llc who had been investing in Dover Corp for a number of months, seems to be bullish on the $15.40B market cap company. The stock increased 1.60% or $1.57 during the last trading session, reaching $99.69. About 1.18 million shares traded or 9.84% up from the average. Dover Corporation (NYSE:DOV) has risen 29.68% since February 15, 2017 and is uptrending. It has outperformed by 12.98% the S&P500.

Colonial Trust Advisors decreased its stake in Archer Daniels Midld (ADM) by 22.56% based on its latest 2017Q3 regulatory filing with the SEC. Colonial Trust Advisors sold 8,347 shares as the company’s stock declined 7.14% while stock markets rallied. The institutional investor held 28,656 shares of the packaged foods company at the end of 2017Q3, valued at $1.22 million, down from 37,003 at the end of the previous reported quarter. Colonial Trust Advisors who had been investing in Archer Daniels Midld for a number of months, seems to be less bullish one the $23.39B market cap company. The stock increased 1.16% or $0.48 during the last trading session, reaching $41.82. About 3.64 million shares traded or 3.70% up from the average. Archer-Daniels-Midland Company (NYSE:ADM) has risen 8.16% since February 15, 2017 and is uptrending. It has underperformed by 8.54% the S&P500.

Since October 23, 2017, it had 0 insider purchases, and 4 insider sales for $5.83 million activity. $419,100 worth of Dover Corporation (NYSE:DOV) shares were sold by Goldberg Paul. $624,203 worth of Dover Corporation (NYSE:DOV) was sold by Spurgeon William.

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.13, from 0.91 in 2017Q2. It improved, as 33 investors sold DOV shares while 190 reduced holdings. 76 funds opened positions while 157 raised stakes. 130.20 million shares or 1.96% less from 132.81 million shares in 2017Q2 were reported. Boston Advisors Ltd Liability Corp has invested 0.03% in Dover Corporation (NYSE:DOV). 90 were accumulated by Baldwin Brothers Ma. Next Financial Grp Inc has 334 shares for 0.01% of their portfolio. Puzo Michael J reported 5,200 shares. Ngam Advsr Limited Partnership invested in 17,497 shares. Voloridge Invest Ltd accumulated 0.01% or 4,472 shares. Butensky & Cohen Security invested in 1.62% or 19,947 shares. Reilly Herbert Faulkner Iii invested 2.62% in Dover Corporation (NYSE:DOV). Grantham Mayo Van Otterloo Communications Limited Liability holds 0.05% or 97,700 shares. Sii Invs Wi has invested 0.03% in Dover Corporation (NYSE:DOV). Motco holds 70 shares. Crawford Investment Counsel has 0.02% invested in Dover Corporation (NYSE:DOV) for 5,170 shares. 1,917 were reported by Rampart Investment Mgmt Lc. Iberiabank reported 36,882 shares or 0.56% of all its holdings. Schroder Inv Management Group, a Maine-based fund reported 7,820 shares.

Segall Bryant & Hamill Llc, which manages about $9.47B and $4.31B US Long portfolio, decreased its stake in Newell Brands Inc (NYSE:NWL) by 335,171 shares to 535,387 shares, valued at $22.85 million in 2017Q3, according to the filing. It also reduced its holding in Schnitzer Steel Industries (NASDAQ:SCHN) by 13,571 shares in the quarter, leaving it with 140,396 shares, and cut its stake in Lincoln Electric Holdings (NASDAQ:LECO).

Among 23 analysts covering Dover (NYSE:DOV), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Dover had 94 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, September 12. As per Friday, January 6, the company rating was upgraded by UBS. The firm has “Buy” rating by Robert W. Baird given on Friday, October 13. Stifel Nicolaus maintained Dover Corporation (NYSE:DOV) on Tuesday, January 16 with “Hold” rating. The firm earned “Hold” rating on Tuesday, December 13 by Stifel Nicolaus. The firm has “Overweight” rating by JP Morgan given on Wednesday, September 20. The rating was maintained by Citigroup on Wednesday, March 16 with “Neutral”. The firm has “Sell” rating given on Wednesday, August 26 by Vertical Research. The stock of Dover Corporation (NYSE:DOV) earned “Hold” rating by Stifel Nicolaus on Friday, September 1. The stock of Dover Corporation (NYSE:DOV) earned “Outperform” rating by Bernstein on Friday, June 10.

Among 15 analysts covering Archer Daniels Midland Company (NYSE:ADM), 3 have Buy rating, 2 Sell and 10 Hold. Therefore 20% are positive. Archer Daniels Midland Company had 46 analyst reports since July 29, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Neutral” rating and $42 target in Thursday, August 31 report. The stock of Archer-Daniels-Midland Company (NYSE:ADM) earned “Hold” rating by Piper Jaffray on Friday, September 29. Piper Jaffray maintained Archer-Daniels-Midland Company (NYSE:ADM) on Tuesday, October 31 with “Hold” rating. The firm has “Buy” rating by Robert W. Baird given on Wednesday, February 7. Piper Jaffray maintained Archer-Daniels-Midland Company (NYSE:ADM) on Wednesday, February 7 with “Hold” rating. The firm has “Buy” rating given on Thursday, August 4 by Argus Research. The company was maintained on Wednesday, September 13 by Stifel Nicolaus. The firm has “Neutral” rating by Buckingham Research given on Wednesday, November 4. Stifel Nicolaus maintained Archer-Daniels-Midland Company (NYSE:ADM) rating on Monday, January 22. Stifel Nicolaus has “Hold” rating and $43.0 target. The firm earned “Hold” rating on Friday, September 15 by BMO Capital Markets.

Investors sentiment increased to 1.21 in Q3 2017. Its up 0.33, from 0.88 in 2017Q2. It improved, as 45 investors sold ADM shares while 180 reduced holdings. 61 funds opened positions while 211 raised stakes. 417.42 million shares or 3.07% more from 405.00 million shares in 2017Q2 were reported. 58 are owned by Alexandria Cap Lc. Teachers Retirement Of The State Of Kentucky reported 0.03% in Archer-Daniels-Midland Company (NYSE:ADM). Franklin Resource accumulated 6.42 million shares or 0.13% of the stock. National Bank & Trust Of Nova Scotia holds 0.02% of its portfolio in Archer-Daniels-Midland Company (NYSE:ADM) for 98,916 shares. 51,959 are owned by Oppenheimer Asset Mgmt Incorporated. Andra Ap holds 0.08% or 77,700 shares in its portfolio. Moreover, Bb&T Corporation has 0.05% invested in Archer-Daniels-Midland Company (NYSE:ADM) for 61,649 shares. Great Lakes Advsr Limited Com reported 6,273 shares or 0.01% of all its holdings. Gulf Commercial Bank (Uk) Ltd has 0.1% invested in Archer-Daniels-Midland Company (NYSE:ADM). Moreover, Gagnon Secs Ltd Liability has 0.18% invested in Archer-Daniels-Midland Company (NYSE:ADM) for 11,886 shares. Cullen Cap Lc owns 75,650 shares for 0.11% of their portfolio. Baker Ellis Asset Management Limited Liability Company has 7,850 shares for 0.09% of their portfolio. Hermes Management holds 0.01% in Archer-Daniels-Midland Company (NYSE:ADM) or 19,750 shares. Tdam Usa Inc owns 12,976 shares or 0.03% of their US portfolio. Cypress Mngmt Ltd Liability Com (Wy) invested in 0.04% or 774 shares.

Colonial Trust Advisors, which manages about $513.21 million and $455.20M US Long portfolio, upped its stake in Expedia Inc (NASDAQ:EXPE) by 3,428 shares to 36,301 shares, valued at $5.23 million in 2017Q3, according to the filing. It also increased its holding in Ishares Trust Core Mscieafe Et (IEFA) by 23,084 shares in the quarter, for a total of 94,060 shares, and has risen its stake in Ishares Inc Core Msciemerging (IEMG).

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>