As Servicenow (NOW) Share Price Rose, Winslow Capital Management Has Lowered Holding by $18.77 Million; As Exxon Mobil (XOM) Valuation Rose, Holder Aspen Investment Management Has Lowered by $5.85 Million Its Holding

February 22, 2018 - By Adrian Mccoy

Winslow Capital Management Llc decreased its stake in Servicenow Inc (NOW) by 6.42% based on its latest 2017Q3 regulatory filing with the SEC. Winslow Capital Management Llc sold 160,420 shares as the company’s stock rose 7.07% with the market. The institutional investor held 2.34M shares of the technology company at the end of 2017Q3, valued at $274.80M, down from 2.50 million at the end of the previous reported quarter. Winslow Capital Management Llc who had been investing in Servicenow Inc for a number of months, seems to be less bullish one the $27.33B market cap company. The stock increased 0.41% or $0.65 during the last trading session, reaching $158.23. About 175,583 shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 42.37% since February 22, 2017 and is uptrending. It has outperformed by 25.67% the S&P500.

Aspen Investment Management Inc decreased its stake in Exxon Mobil Corp (XOM) by 68.48% based on its latest 2017Q3 regulatory filing with the SEC. Aspen Investment Management Inc sold 72,165 shares as the company’s stock rose 0.21% with the market. The institutional investor held 33,221 shares of the integrated oil company at the end of 2017Q3, valued at $2.72 million, down from 105,386 at the end of the previous reported quarter. Aspen Investment Management Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $320.32B market cap company. The stock increased 0.90% or $0.675 during the last trading session, reaching $75.565. About 1.53 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 22, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Among 40 analysts covering ServiceNow Inc (NYSE:NOW), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. ServiceNow Inc had 116 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Tuesday, January 16 with “Buy”. Barclays Capital maintained ServiceNow, Inc. (NYSE:NOW) on Thursday, October 26 with “Overweight” rating. The rating was maintained by DA Davidson with “Buy” on Friday, April 28. The stock of ServiceNow, Inc. (NYSE:NOW) has “Neutral” rating given on Thursday, April 21 by Goldman Sachs. The company was upgraded on Thursday, October 27 by BMO Capital Markets. The rating was maintained by Piper Jaffray on Thursday, February 1 with “Buy”. Barclays Capital maintained ServiceNow, Inc. (NYSE:NOW) rating on Thursday, July 27. Barclays Capital has “Overweight” rating and $126 target. Barclays Capital maintained the shares of NOW in report on Tuesday, February 20 with “Overweight” rating. BMO Capital Markets maintained ServiceNow, Inc. (NYSE:NOW) on Wednesday, January 31 with “Buy” rating. Piper Jaffray maintained it with “Buy” rating and $150.0 target in Monday, November 6 report.

Winslow Capital Management Llc, which manages about $33.78B and $18.57 billion US Long portfolio, upped its stake in Becton Dickinson & Co (NYSE:BDX) by 120,381 shares to 1.27 million shares, valued at $249.72 million in 2017Q3, according to the filing. It also increased its holding in Asml Holding Nv Ny Registry (NASDAQ:ASML) by 524,702 shares in the quarter, for a total of 1.97 million shares, and has risen its stake in General Dynamics Corp (NYSE:GD).

Since August 23, 2017, it had 0 insider purchases, and 9 sales for $86.68 million activity. Sands Anita M had sold 1,636 shares worth $246,234. Slootman Frank also sold $17.58 million worth of ServiceNow, Inc. (NYSE:NOW) on Monday, October 2. Scarpelli Michael sold 25,000 shares worth $3.68M. 19,673 shares were sold by BOSTROM SUSAN L, worth $2.80 million on Friday, February 9. Shares for $336,300 were sold by Schneider David.

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.15, from 1.23 in 2017Q2. It improved, as 23 investors sold NOW shares while 115 reduced holdings. 61 funds opened positions while 130 raised stakes. 170.65 million shares or 1.96% more from 167.38 million shares in 2017Q2 were reported. British Columbia Investment has invested 0.05% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Pictet Asset Mgmt Ltd accumulated 586,700 shares or 0.2% of the stock. Bokf Na stated it has 2,016 shares or 0.01% of all its holdings. 12,000 were reported by Andra Ap. Schroder Invest Mgmt Gp invested in 35,384 shares. Employees Retirement System Of Texas reported 18,000 shares. Texas-based Teacher Retirement Sys Of Texas has invested 0.08% in ServiceNow, Inc. (NYSE:NOW). Comm Bankshares reported 2,090 shares or 0% of all its holdings. Moreover, Cap One Natl Association has 0.06% invested in ServiceNow, Inc. (NYSE:NOW) for 6,826 shares. Japan-based Daiwa Secs Grp Inc Inc has invested 0.05% in ServiceNow, Inc. (NYSE:NOW). Gateway Invest Advisers Limited Liability Company holds 0.05% or 49,748 shares in its portfolio. The California-based First Foundation has invested 0.07% in ServiceNow, Inc. (NYSE:NOW). Cobblestone Capital Advisors Limited Liability Corp Ny holds 3,565 shares or 0.05% of its portfolio. Bbva Compass Bank, a Texas-based fund reported 3,730 shares. Pension Ser owns 174,461 shares.

Analysts await ServiceNow, Inc. (NYSE:NOW) to report earnings on April, 25. They expect $-0.07 earnings per share, up 61.11% or $0.11 from last year’s $-0.18 per share. After $-0.23 actual earnings per share reported by ServiceNow, Inc. for the previous quarter, Wall Street now forecasts -69.57% EPS growth.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on April, 27. They expect $1.21 earnings per share, up 27.37% or $0.26 from last year’s $0.95 per share. XOM’s profit will be $5.13 billion for 15.61 P/E if the $1.21 EPS becomes a reality. After $0.88 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It is flat, as 57 investors sold XOM shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Park Circle stated it has 0.01% in Exxon Mobil Corporation (NYSE:XOM). Waverton Invest Mngmt Ltd invested 0.47% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Dupont accumulated 295,653 shares. Charles Schwab Invest Advisory reported 4,591 shares. Keystone Fincl Planning owns 3.27% invested in Exxon Mobil Corporation (NYSE:XOM) for 70,391 shares. Schroder Investment holds 2.83 million shares or 0.4% of its portfolio. Td Cap Mgmt Ltd Co accumulated 3,226 shares. Martingale Asset Lp holds 0.03% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 24,170 shares. Martin Invest Mngmt reported 119,354 shares. Eqis Cap Management Inc, California-based fund reported 42,040 shares. Sense Advsr Inc reported 4,290 shares. Alley Llc holds 1.82% in Exxon Mobil Corporation (NYSE:XOM) or 61,010 shares. Foster Motley stated it has 85,723 shares. The Massachusetts-based Boston Advsrs Limited Co has invested 0.88% in Exxon Mobil Corporation (NYSE:XOM). 296,736 are held by Beck Mack And Oliver Limited Company.

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