Lazard Asset Management Cut Its Pnc Finl (PNC) Holding by $3.59 Million; Capital Counsel Holds Stake in Ecolab Com (ECL)

February 25, 2018 - By Linda Rogers

Capital Counsel Llc increased its stake in Ecolab Inc Com (ECL) by 22.68% based on its latest 2017Q3 regulatory filing with the SEC. Capital Counsel Llc bought 74,130 shares as the company’s stock rose 2.53% with the market. The institutional investor held 401,019 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $51.58 million, up from 326,889 at the end of the previous reported quarter. Capital Counsel Llc who had been investing in Ecolab Inc Com for a number of months, seems to be bullish on the $37.80B market cap company. The stock increased 1.07% or $1.39 during the last trading session, reaching $130.84. About 1.53M shares traded or 18.01% up from the average. Ecolab Inc. (NYSE:ECL) has risen 9.41% since February 25, 2017 and is uptrending. It has underperformed by 7.29% the S&P500.

Lazard Asset Management Llc decreased its stake in Pnc Finl Corp (PNC) by 13.82% based on its latest 2017Q3 regulatory filing with the SEC. Lazard Asset Management Llc sold 26,828 shares as the company’s stock declined 6.38% while stock markets rallied. The institutional investor held 167,356 shares of the finance company at the end of 2017Q3, valued at $22.55M, down from 194,184 at the end of the previous reported quarter. Lazard Asset Management Llc who had been investing in Pnc Finl Corp for a number of months, seems to be less bullish one the $75.72B market cap company. The stock increased 1.58% or $2.49 during the last trading session, reaching $160.09. About 1.59 million shares traded. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 35.14% since February 25, 2017 and is uptrending. It has outperformed by 18.44% the S&P500.

Among 22 analysts covering Ecolab (NYSE:ECL), 11 have Buy rating, 1 Sell and 10 Hold. Therefore 50% are positive. Ecolab had 63 analyst reports since July 30, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $150.0 target in Tuesday, January 23 report. The rating was maintained by Credit Suisse with “Hold” on Thursday, August 3. The stock of Ecolab Inc. (NYSE:ECL) earned “Outperform” rating by Oppenheimer on Tuesday, January 19. As per Tuesday, August 1, the company rating was maintained by Oppenheimer. The firm earned “Neutral” rating on Friday, October 9 by JP Morgan. Citigroup maintained Ecolab Inc. (NYSE:ECL) rating on Thursday, February 22. Citigroup has “Neutral” rating and $144 target. Jefferies maintained Ecolab Inc. (NYSE:ECL) on Thursday, July 13 with “Hold” rating. Robert W. Baird maintained the shares of ECL in report on Tuesday, October 31 with “Hold” rating. Barclays Capital maintained Ecolab Inc. (NYSE:ECL) rating on Wednesday, February 24. Barclays Capital has “Overweight” rating and $120 target. Oppenheimer maintained the stock with “Outperform” rating in Tuesday, November 3 report.

Since September 14, 2017, it had 0 insider buys, and 1 sale for $966,233 activity.

Capital Counsel Llc, which manages about $2.48 billion and $1.12B US Long portfolio, decreased its stake in Cme Group Inc Com (NASDAQ:CME) by 5,570 shares to 899,753 shares, valued at $122.08 million in 2017Q3, according to the filing. It also reduced its holding in Automatic Data Processing Inc (NASDAQ:ADP) by 261,237 shares in the quarter, leaving it with 769,202 shares, and cut its stake in Idexx Labs Inc Com (NASDAQ:IDXX).

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.25, from 0.94 in 2017Q2. It is positive, as 31 investors sold ECL shares while 274 reduced holdings. 81 funds opened positions while 281 raised stakes. 213.37 million shares or 1.11% more from 211.02 million shares in 2017Q2 were reported. Schaper Benz & Wise Invest Counsel Wi reported 45,742 shares. Bank & Trust Of Nova Scotia Trust reported 2,000 shares stake. Delta Asset Mgmt Limited Company Tn holds 2.08% or 107,163 shares in its portfolio. Edgewood Management Ltd Co reported 3.50M shares stake. Amf Pensionsforsakring Ab invested 0.53% of its portfolio in Ecolab Inc. (NYSE:ECL). Capstone Advisors Llc reported 0.02% of its portfolio in Ecolab Inc. (NYSE:ECL). Moreover, Legacy Private Tru Company has 0.88% invested in Ecolab Inc. (NYSE:ECL) for 56,499 shares. Mufg Americas has invested 0.5% in Ecolab Inc. (NYSE:ECL). Los Angeles Capital Mngmt And Equity Rech has 0.23% invested in Ecolab Inc. (NYSE:ECL) for 305,019 shares. Lord Abbett & Ltd Liability accumulated 132,300 shares or 0.05% of the stock. Winslow Evans And Crocker holds 0.13% or 2,978 shares. 6,040 are owned by Tower Bridge Advsr. Zwj Counsel reported 2,642 shares. Shine Advisory holds 0.05% or 775 shares. Lincoln Limited Liability Company holds 7,400 shares.

Among 33 analysts covering PNC Financial Services (NYSE:PNC), 12 have Buy rating, 1 Sell and 20 Hold. Therefore 36% are positive. PNC Financial Services had 98 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Neutral” rating given on Wednesday, January 11 by UBS. On Monday, October 16 the stock rating was maintained by UBS with “Neutral”. The stock has “Buy” rating by Robert W. Baird on Tuesday, October 31. Wells Fargo maintained The PNC Financial Services Group, Inc. (NYSE:PNC) on Tuesday, January 16 with “Hold” rating. Raymond James downgraded the shares of PNC in report on Monday, May 9 to “Underperform” rating. The firm has “Underperform” rating by Bruyette & Woods” given on Tuesday, August 11. The stock of The PNC Financial Services Group, Inc. (NYSE:PNC) has “Buy” rating given on Friday, April 1 by Evercore. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, October 3 report. The firm has “Hold” rating by Jefferies given on Friday, September 15. Deutsche Bank downgraded it to “Hold” rating and $136.0 target in Tuesday, September 26 report.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.06, from 0.93 in 2017Q2. It dropped, as 55 investors sold PNC shares while 364 reduced holdings. 75 funds opened positions while 289 raised stakes. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. Fmr Lc stated it has 0.25% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC). Livforsakringsbolaget Skandia Omsesidigt invested in 0.11% or 9,256 shares. Barclays Public Ltd Co holds 765,212 shares. Pcj Counsel has invested 0.16% in The PNC Financial Services Group, Inc. (NYSE:PNC). Martingale Asset Mgmt L P, Massachusetts-based fund reported 22,016 shares. Adage Prtn Gru reported 867,691 shares. Moreover, Conestoga Capital Advsr has 0.01% invested in The PNC Financial Services Group, Inc. (NYSE:PNC). 1832 Asset Mngmt LP invested 0.03% in The PNC Financial Services Group, Inc. (NYSE:PNC). Hermes Invest Mngmt reported 1,777 shares. Cls Investments Limited accumulated 0% or 129 shares. Chicago Equity Ltd Limited Liability Company, Illinois-based fund reported 13,060 shares. Heartland Incorporated reported 75,942 shares or 0.66% of all its holdings. M&T Comml Bank has invested 0.2% in The PNC Financial Services Group, Inc. (NYSE:PNC). Michigan-based Deroy And Devereaux Private Invest Counsel Inc has invested 2.21% in The PNC Financial Services Group, Inc. (NYSE:PNC). Signaturefd Ltd Liability Corporation has 0.03% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 1,649 shares.

Lazard Asset Management Llc, which manages about $50.27 billion US Long portfolio, upped its stake in Morgan Stanley (NYSE:MS) by 523,331 shares to 5.84 million shares, valued at $281.54 million in 2017Q3, according to the filing. It also increased its holding in Estee Lauder (NYSE:EL) by 106,381 shares in the quarter, for a total of 182,582 shares, and has risen its stake in Ptc Inc (NASDAQ:PTC).

Since October 19, 2017, it had 0 insider purchases, and 5 sales for $11.83 million activity. Reilly Robert Q also sold $2.85 million worth of The PNC Financial Services Group, Inc. (NYSE:PNC) on Friday, December 15. $429,417 worth of stock was sold by Larrimer Karen L. on Monday, October 30. HANNON MICHAEL J sold $1.24 million worth of stock or 8,011 shares. $6.64 million worth of The PNC Financial Services Group, Inc. (NYSE:PNC) shares were sold by Parsley E William III.

- 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:


>