Honeywell International Has Trimmed By $3.99 Million Its Kroger Co (KR) Stake; CONMED (CNMD) Had 3 Bulls

March 22, 2018 - By Adrian Erickson

Honeywell International Inc decreased Kroger Co (KR) stake by 27.53% reported in 2017Q3 SEC filing. Honeywell International Inc sold 199,600 shares as Kroger Co (KR)’s stock declined 14.05%. The Honeywell International Inc holds 525,300 shares with $10.54 million value, down from 724,900 last quarter. Kroger Co now has $20.67B valuation. The stock increased 0.17% or $0.04 during the last trading session, reaching $23.45. About 6.08M shares traded. The Kroger Co. (NYSE:KR) has declined 16.08% since March 22, 2017 and is downtrending. It has underperformed by 32.78% the S&P500.

Among 6 analysts covering CONMED Corporation (NASDAQ:CNMD), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. CONMED Corporation had 18 analyst reports since July 22, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of CNMD in report on Wednesday, August 23 with “Hold” rating. The firm has “Hold” rating by Piper Jaffray given on Friday, November 3. The company was maintained on Monday, October 5 by Leerink Swann. The rating was downgraded by Northland Capital to “Market Perform” on Wednesday, July 22. The rating was maintained by Piper Jaffray on Thursday, August 27 with “Neutral”. On Tuesday, October 10 the stock rating was maintained by Needham with “Buy”. Piper Jaffray maintained CONMED Corporation (NASDAQ:CNMD) rating on Thursday, February 1. Piper Jaffray has “Hold” rating and $54.0 target. Ladenburg Thalmann upgraded CONMED Corporation (NASDAQ:CNMD) on Monday, October 12 to “Buy” rating. Northland Capital maintained CONMED Corporation (NASDAQ:CNMD) rating on Thursday, October 22. Northland Capital has “Market Perform” rating and $44 target. The stock of CONMED Corporation (NASDAQ:CNMD) has “Buy” rating given on Thursday, April 28 by Needham. See CONMED Corporation (NASDAQ:CNMD) latest ratings:

01/02/2018 Broker: Piper Jaffray Rating: Hold New Target: $54.0 Maintain
01/02/2018 Broker: Needham Rating: Buy New Target: $71.0 Maintain
17/11/2017 Broker: Needham Rating: Buy New Target: $58.0 Maintain
03/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
03/11/2017 Broker: Piper Jaffray Rating: Hold New Target: $46.0 Maintain
10/10/2017 Broker: Needham Rating: Buy New Target: $57.0 Maintain

Investors sentiment increased to 0.9 in Q3 2017. Its up 0.02, from 0.88 in 2017Q2. It improved, as 94 investors sold KR shares while 232 reduced holdings. 91 funds opened positions while 196 raised stakes. 688.12 million shares or 3.98% more from 661.79 million shares in 2017Q2 were reported. Inv Centers Of America holds 0.06% of its portfolio in The Kroger Co. (NYSE:KR) for 41,589 shares. Da Davidson holds 12,254 shares. Eaton Vance invested 0.02% in The Kroger Co. (NYSE:KR). California Employees Retirement System invested 0.07% of its portfolio in The Kroger Co. (NYSE:KR). Mutual Of America Cap Management Ltd Liability Com has invested 0.04% in The Kroger Co. (NYSE:KR). Farmers Trust holds 12,815 shares or 0.09% of its portfolio. Tru Department Mb Bancorporation N A reported 8,097 shares. Aristotle Mngmt Llc accumulated 9.54M shares or 1.49% of the stock. Honeywell International holds 0.37% or 525,300 shares. Murphy Capital Mngmt Inc owns 32,996 shares or 0.09% of their US portfolio. 158,318 were accumulated by Old Comml Bank In. Stephens Ar has 122,064 shares. Northwest Invest Counselors Limited Liability Co holds 700 shares. Ontario – Canada-based Mackenzie has invested 0.07% in The Kroger Co. (NYSE:KR). Kentucky Retirement Insur Trust Fund holds 24,131 shares or 0.09% of its portfolio.

Since December 19, 2017, it had 0 insider purchases, and 6 insider sales for $2.81 million activity. Clark Robert W sold $325,292 worth of stock or 11,000 shares. DONNELLY MICHAEL JOSEPH had sold 40,000 shares worth $1.23M on Monday, January 29. On Thursday, March 8 Foley Todd A sold $92,844 worth of The Kroger Co. (NYSE:KR) or 3,800 shares. Another trade for 8,000 shares valued at $245,120 was sold by HJELM CHRISTOPHER T.

Honeywell International Inc increased Costco Wholesale Corp New (NASDAQ:COST) stake by 40,200 shares to 338,800 valued at $55.66M in 2017Q3. It also upped Corp Office Pptys Tr (NYSE:OFC) stake by 13,334 shares and now owns 29,434 shares. Healthcare Tr Amer Inc (NYSE:HTA) was raised too.

Among 37 analysts covering Kroger (NYSE:KR), 16 have Buy rating, 0 Sell and 21 Hold. Therefore 43% are positive. Kroger had 110 analyst reports since August 25, 2015 according to SRatingsIntel. Credit Suisse maintained The Kroger Co. (NYSE:KR) on Thursday, May 12 with “Neutral” rating. Stephens maintained the stock with “Hold” rating in Tuesday, January 16 report. Oppenheimer maintained The Kroger Co. (NYSE:KR) on Tuesday, June 6 with “Buy” rating. Telsey Advisory Group maintained the stock with “Outperform” rating in Friday, December 4 report. The stock of The Kroger Co. (NYSE:KR) earned “Hold” rating by Jefferies on Wednesday, August 31. On Friday, December 2 the stock rating was downgraded by Pivotal Research to “Hold”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, September 7. Vetr downgraded the stock to “Buy” rating in Thursday, September 3 report. As per Wednesday, August 24, the company rating was maintained by Oppenheimer. The stock has “Buy” rating by Pivotal Research on Friday, September 11.

Analysts await The Kroger Co. (NYSE:KR) to report earnings on June, 21. They expect $0.63 earnings per share, up 8.62% or $0.05 from last year’s $0.58 per share. KR’s profit will be $555.26M for 9.31 P/E if the $0.63 EPS becomes a reality. After $0.63 actual earnings per share reported by The Kroger Co. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.04, from 1.34 in 2017Q2. It fall, as 16 investors sold CONMED Corporation shares while 34 reduced holdings. 16 funds opened positions while 51 raised stakes. 27.14 million shares or 1.19% more from 26.82 million shares in 2017Q2 were reported. Parametric Assoc Ltd Co accumulated 0% or 66,355 shares. Heartland owns 165,992 shares for 0.56% of their portfolio. Massachusetts Ma has invested 0% in CONMED Corporation (NASDAQ:CNMD). Profund Ltd Liability Corp has 4,476 shares. Krensavage Asset Mngmt Ltd reported 3.13% in CONMED Corporation (NASDAQ:CNMD). Investors holds 0.01% or 1.11 million shares in its portfolio. 51,844 were accumulated by Legal & General Grp Plc. Tower Rech Limited Liability Company (Trc) accumulated 0.01% or 2,810 shares. New York State Common Retirement Fund accumulated 46,038 shares or 0% of the stock. Texas Permanent School Fund owns 18,143 shares. State Board Of Administration Of Florida Retirement Systems reported 17,306 shares. Keybank Natl Association Oh invested in 40,294 shares or 0.01% of the stock. Diversified Trust has invested 0.02% of its portfolio in CONMED Corporation (NASDAQ:CNMD). Geode Capital Mngmt Limited Co reported 0% of its portfolio in CONMED Corporation (NASDAQ:CNMD). California State Teachers Retirement System accumulated 43,938 shares or 0.01% of the stock.

Since January 3, 2018, it had 1 insider purchase, and 5 sales for $2.91 million activity. 158 shares were bought by Farkas Charles, worth $7,996. The insider POMILIO LUKE A sold 1,962 shares worth $118,211. On Thursday, February 1 the insider GOLDEN JO ANN sold $191,694. Another trade for 3,868 shares valued at $241,574 was made by Berge Terence M on Friday, March 9.

The stock decreased 0.12% or $0.08 during the last trading session, reaching $64.45. About 95,727 shares traded. CONMED Corporation (NASDAQ:CNMD) has risen 27.59% since March 22, 2017 and is uptrending. It has outperformed by 10.89% the S&P500.

CONMED Corporation, a medical technology company, develops, makes, and sells surgical devices and related equipment for minimally invasive procedures in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company has market cap of $1.80 billion. The firm offers sports medicine products, such as powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, metal and bio absorbable implants, and related disposable products and fluid management systems; powered surgical instruments for use in large and small bone orthopedic, arthroscopic, oral/maxillofacial, podiatric, plastic, ENT, neurological, spinal, and cardiothoracic surgeries; and sports biologics and tissues. It has a 32.72 P/E ratio. It also provides electrosurgical generators, hand pieces, smoke management systems, and accessories for surgical needs; and endomechanical instrumentation products that offer various instruments comprising trocars, suction irrigation devices, graspers, scissors, and dissectors used in the minimally invasive laparoscopic and gynecological surgery, as well as an uterine manipulator for use in the laparoscopic hysterectomies and other gynecologic laparoscopic procedures.

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