West Pharmaceutical Svsc (WST) Holder Kistler-Tiffany Companies Cut Position by $744,192; Abrams Capital Management LP Boosted Its Suburban Propane Partners L (SPH) Holding by $7.63 Million as Market Value Declined

February 22, 2018 - By Darrin Black

Kistler-Tiffany Companies Llc decreased its stake in West Pharmaceutical Svsc Inc (WST) by 10.66% based on its latest 2017Q3 regulatory filing with the SEC. Kistler-Tiffany Companies Llc sold 7,752 shares as the company’s stock rose 14.65% with the market. The institutional investor held 64,956 shares of the basic industries company at the end of 2017Q3, valued at $6.25M, down from 72,708 at the end of the previous reported quarter. Kistler-Tiffany Companies Llc who had been investing in West Pharmaceutical Svsc Inc for a number of months, seems to be less bullish one the $6.44B market cap company. The stock decreased 0.43% or $0.38 during the last trading session, reaching $86.72. About 492,269 shares traded or 40.12% up from the average. West Pharmaceutical Services, Inc. (NYSE:WST) has risen 33.75% since February 22, 2017 and is uptrending. It has outperformed by 17.05% the S&P500.

David Abrams increased its stake in Suburban Propane Partners L (SPH) by 75.44% based on its latest 2017Q3 regulatory filing with the SEC. Abrams Capital Management Lp bought 293,445 shares as the company’s stock declined 14.64% while stock markets rallied. The hedge fund run by David Abrams held 682,414 shares of the consumer services company at the end of 2017Q3, valued at $17.80M, up from 388,969 at the end of the previous reported quarter. Abrams Capital Management Lp who had been investing in Suburban Propane Partners L for a number of months, seems to be bullish on the $1.48B market cap company. The stock decreased 0.33% or $0.08 during the last trading session, reaching $24.02. About 154,841 shares traded. Suburban Propane Partners, L.P. (NYSE:SPH) has declined 28.60% since February 22, 2017 and is downtrending. It has underperformed by 45.30% the S&P500.

Analysts await West Pharmaceutical Services, Inc. (NYSE:WST) to report earnings on April, 26. They expect $0.68 earnings per share, up 13.33% or $0.08 from last year’s $0.6 per share. WST’s profit will be $50.50 million for 31.88 P/E if the $0.68 EPS becomes a reality. After $0.64 actual earnings per share reported by West Pharmaceutical Services, Inc. for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

Investors sentiment decreased to 1.33 in Q3 2017. Its down 0.28, from 1.61 in 2017Q2. It dropped, as 31 investors sold WST shares while 76 reduced holdings. 42 funds opened positions while 100 raised stakes. 68.09 million shares or 1.49% more from 67.09 million shares in 2017Q2 were reported. Pnc Fincl Svcs Grp Incorporated reported 9,982 shares. Bradley Foster Sargent Ct has invested 0.01% in West Pharmaceutical Services, Inc. (NYSE:WST). Delta Asset Ltd Co Tn reported 13 shares. Lombard Odier Asset (Switzerland) holds 0.75% or 80,000 shares. Metropolitan Life Insur Ny holds 0.04% or 72,927 shares. Sg Americas Ltd Liability invested in 0.01% or 15,277 shares. Strs Ohio holds 143,000 shares. Toronto Dominion Savings Bank holds 210 shares. The Alabama-based Retirement Of Alabama has invested 0.07% in West Pharmaceutical Services, Inc. (NYSE:WST). 11,845 were reported by Ngam Advisors Lp. Mawer Mgmt Ltd holds 0.02% of its portfolio in West Pharmaceutical Services, Inc. (NYSE:WST) for 26,285 shares. Koch Industry holds 2,833 shares. The New York-based Silvercrest Asset Mngmt Llc has invested 0.01% in West Pharmaceutical Services, Inc. (NYSE:WST). Loomis Sayles And Company LP has 59,392 shares for 0.01% of their portfolio. Stephens Ar accumulated 2,186 shares.

Among 6 analysts covering West Pharmaceutical Services (NYSE:WST), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. West Pharmaceutical Services had 15 analyst reports since August 4, 2015 according to SRatingsIntel. On Wednesday, September 21 the stock rating was downgraded by Wells Fargo to “Market Perform”. Bank of America downgraded the shares of WST in report on Tuesday, October 17 to “Hold” rating. The rating was maintained by Jefferies on Monday, September 11 with “Hold”. The firm earned “Buy” rating on Friday, September 15 by Jefferies. Wells Fargo upgraded the shares of WST in report on Friday, October 28 to “Outperform” rating. The rating was initiated by Janney Capital with “Buy” on Friday, January 8. Jefferies maintained the shares of WST in report on Tuesday, June 6 with “Hold” rating. The stock of West Pharmaceutical Services, Inc. (NYSE:WST) earned “Buy” rating by Jefferies on Thursday, February 15. The firm has “Hold” rating given on Tuesday, August 4 by Zacks. The stock of West Pharmaceutical Services, Inc. (NYSE:WST) has “Hold” rating given on Thursday, July 27 by Jefferies.

Since December 8, 2017, it had 0 insider buys, and 1 sale for $2.08 million activity.

Kistler-Tiffany Companies Llc, which manages about $559.78M and $239.30M US Long portfolio, upped its stake in Ishares Tr (IJH) by 3,338 shares to 30,224 shares, valued at $5.41M in 2017Q3, according to the filing. It also increased its holding in United Technologies Corp (NYSE:UTX) by 2,895 shares in the quarter, for a total of 11,390 shares, and has risen its stake in Vanguard Tax Managed Intl Fd (VEA).

Investors sentiment is 0.79 in Q3 2017. Its the same as in 2017Q2. It has no change, as 16 investors sold SPH shares while 36 reduced holdings. only 13 funds opened positions while 28 raised stakes. 14.97 million shares or 0.98% less from 15.12 million shares in 2017Q2 were reported. Sei Invests stated it has 1,855 shares. Commonwealth Equity Ser holds 0.01% of its portfolio in Suburban Propane Partners, L.P. (NYSE:SPH) for 58,179 shares. Natl Bank Of New York Mellon invested 0% in Suburban Propane Partners, L.P. (NYSE:SPH). Creative Planning has 24,380 shares. The Netherlands-based Ing Groep Nv has invested 0.22% in Suburban Propane Partners, L.P. (NYSE:SPH). 13,191 are owned by Hightower Ltd. Morgan Stanley holds 0% of its portfolio in Suburban Propane Partners, L.P. (NYSE:SPH) for 587,017 shares. Winslow Evans Crocker accumulated 0% or 226 shares. Keybank National Association Oh has 0% invested in Suburban Propane Partners, L.P. (NYSE:SPH) for 23,479 shares. Next Fincl Gru holds 0.02% of its portfolio in Suburban Propane Partners, L.P. (NYSE:SPH) for 2,888 shares. Vantage Invest Limited Liability Com accumulated 2,045 shares. Asset Mngmt has invested 0.02% in Suburban Propane Partners, L.P. (NYSE:SPH). Moreover, Da Davidson And has 0.01% invested in Suburban Propane Partners, L.P. (NYSE:SPH). Cbre Clarion Secs Ltd invested 0.01% of its portfolio in Suburban Propane Partners, L.P. (NYSE:SPH). Ameriprise Fincl stated it has 0% of its portfolio in Suburban Propane Partners, L.P. (NYSE:SPH).

Since September 18, 2017, it had 0 insider purchases, and 2 sales for $148,807 activity.

Among 8 analysts covering Suburban Propane Partners (NYSE:SPH), 3 have Buy rating, 2 Sell and 3 Hold. Therefore 38% are positive. Suburban Propane Partners had 22 analyst reports since August 10, 2015 according to SRatingsIntel. UBS upgraded Suburban Propane Partners, L.P. (NYSE:SPH) rating on Wednesday, January 3. UBS has “Buy” rating and $29.0 target. The rating was downgraded by UBS on Friday, June 10 to “Neutral”. Barclays Capital maintained Suburban Propane Partners, L.P. (NYSE:SPH) rating on Tuesday, August 11. Barclays Capital has “Underweight” rating and $37.0 target. The firm earned “Hold” rating on Wednesday, February 15 by Stifel Nicolaus. The stock of Suburban Propane Partners, L.P. (NYSE:SPH) has “Hold” rating given on Friday, March 18 by Stifel Nicolaus. On Friday, May 20 the stock rating was downgraded by Citigroup to “Neutral”. JP Morgan maintained Suburban Propane Partners, L.P. (NYSE:SPH) rating on Monday, November 2. JP Morgan has “Neutral” rating and $43 target. The rating was upgraded by Raymond James on Friday, February 9 to “Buy”. The stock has “Buy” rating by Citigroup on Friday, February 5. Janney Capital initiated Suburban Propane Partners, L.P. (NYSE:SPH) on Wednesday, July 20 with “Neutral” rating.

Abrams Capital Management Lp, which manages about $7.62 billion and $2.56B US Long portfolio, decreased its stake in Colony Northstar Inc by 3.73M shares to 5.69 million shares, valued at $71.47M in 2017Q3, according to the filing.

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