As Potash Sask (POT) Market Valuation Declined, Duquesne Family Office Lowered Its Position; As Cbs New Class B (CBS) Market Valuation Declined, Integre Asset Management Has Decreased Holding by $450,870

February 18, 2018 - By Clifton Ray

Stanley Druckenmiller decreased its stake in Potash Corp Sask Inc (POT) by 70.87% based on its latest 2017Q3 regulatory filing with the SEC. Duquesne Family Office Llc sold 1.48 million shares as the company’s stock declined 11.27% while stock markets rallied. The hedge fund run by Stanley Druckenmiller held 609,900 shares of the agricultural chemicals company at the end of 2017Q3, valued at $11.73 million, down from 2.09M at the end of the previous reported quarter. Duquesne Family Office Llc who had been investing in Potash Corp Sask Inc for a number of months, seems to be less bullish one the $17.58 billion market cap company. The stock increased 0.54% or $0.11 during the last trading session, reaching $20.65. About 10.33 million shares traded or 334.30% up from the average. Nutrien Ltd. (NYSE:POT) has risen 0.06% since February 18, 2017 and is uptrending. It has underperformed by 16.64% the S&P500.

Integre Asset Management Llc decreased its stake in Cbs Corp New Class B (CBS) by 20.1% based on its latest 2017Q3 regulatory filing with the SEC. Integre Asset Management Llc sold 7,910 shares as the company’s stock declined 6.13% while stock markets rallied. The institutional investor held 31,452 shares of the broadcasting company at the end of 2017Q3, valued at $1.82M, down from 39,362 at the end of the previous reported quarter. Integre Asset Management Llc who had been investing in Cbs Corp New Class B for a number of months, seems to be less bullish one the $21.18 billion market cap company. The stock decreased 2.38% or $1.35 during the last trading session, reaching $55.39. About 5.50M shares traded or 14.04% up from the average. CBS Corporation (NYSE:CBS) has risen 18.35% since February 18, 2017 and is uptrending. It has outperformed by 1.65% the S&P500.

Among 24 analysts covering Potash Corp (NYSE:POT), 12 have Buy rating, 5 Sell and 7 Hold. Therefore 50% are positive. Potash Corp had 73 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained Nutrien Ltd. (NYSE:POT) rating on Tuesday, August 29. RBC Capital Markets has “Buy” rating and $19.0 target. As per Wednesday, October 21, the company rating was maintained by RBC Capital Markets. Bank of America reinitiated Nutrien Ltd. (NYSE:POT) on Monday, December 7 with “Underperform” rating. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, November 7. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, July 6 report. RBC Capital Markets maintained it with “Buy” rating and $1900 target in Thursday, July 27 report. The firm has “Market Perform” rating by Raymond James given on Monday, October 30. The stock of Nutrien Ltd. (NYSE:POT) earned “Buy” rating by UBS on Wednesday, October 14. The rating was downgraded by Stifel Nicolaus on Tuesday, May 31 to “Hold”. The firm has “Sector Outperform” rating given on Monday, July 10 by Scotia Capital.

Duquesne Family Office Llc, which manages about $2.20 billion US Long portfolio, upped its stake in Alphabet Inc by 57,200 shares to 231,850 shares, valued at $225.76 million in 2017Q3, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 274,000 shares in the quarter, for a total of 2.91M shares, and has risen its stake in Priceline Grp Inc (NASDAQ:PCLN).

Since August 22, 2017, it had 0 insider buys, and 13 insider sales for $88.91 million activity. 164,000 shares valued at $10.61 million were sold by MOONVES LESLIE on Wednesday, August 23. 54,131 shares valued at $3.16M were sold by Schwartz Gil D on Monday, September 11.

Among 36 analysts covering CBS Corp (NYSE:CBS), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. CBS Corp had 110 analyst reports since August 6, 2015 according to SRatingsIntel. Wells Fargo maintained the stock with “Buy” rating in Thursday, January 4 report. Telsey Advisory Group maintained CBS Corporation (NYSE:CBS) rating on Tuesday, December 13. Telsey Advisory Group has “Market Perform” rating and $66 target. Topeka Capital Markets maintained the stock with “Buy” rating in Tuesday, October 6 report. On Friday, November 3 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Buy” rating by Pivotal Research given on Thursday, August 6. The rating was maintained by Telsey Advisory Group with “Market Perform” on Friday, May 5. The rating was maintained by Telsey Advisory Group on Friday, May 20 with “Outperform”. Cowen & Co maintained CBS Corporation (NYSE:CBS) on Friday, October 27 with “Buy” rating. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, November 22 report. The rating was maintained by Nomura on Thursday, March 30 with “Buy”.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.23, from 0.8 in 2017Q2. It is positive, as 53 investors sold CBS shares while 225 reduced holdings. 80 funds opened positions while 206 raised stakes. 225.71 million shares or 1.68% less from 229.56 million shares in 2017Q2 were reported. Raymond James Assoc owns 0.03% invested in CBS Corporation (NYSE:CBS) for 241,085 shares. Guggenheim Cap Limited Co has 765,421 shares for 0.1% of their portfolio. Point72 Asia (Hong Kong) Ltd stated it has 0% of its portfolio in CBS Corporation (NYSE:CBS). Fincl Counselors has 91,831 shares. Acadian Asset Ltd Com reported 0% in CBS Corporation (NYSE:CBS). Loring Wolcott & Coolidge Fiduciary Advisors Llp Ma holds 0% in CBS Corporation (NYSE:CBS) or 274 shares. 6,865 are owned by Utd Advisers Ltd Liability. Evercore Wealth Mgmt Ltd Limited Liability Company holds 0% or 450 shares in its portfolio. State Of New Jersey Common Pension Fund D reported 920,000 shares. Moreover, Retirement Of Alabama has 0.15% invested in CBS Corporation (NYSE:CBS) for 488,008 shares. Ssi Incorporated owns 3,866 shares. Moreover, Alphaone Investment Serv Ltd has 0.09% invested in CBS Corporation (NYSE:CBS). Dorsal Mngmt Lc owns 1.35M shares or 4.07% of their US portfolio. Gotham Asset Management Ltd Liability Corp accumulated 338,602 shares or 0.29% of the stock. Ww Invsts has invested 0.4% in CBS Corporation (NYSE:CBS).

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