Bank Of Nova Scotia Lifted Raytheon Co (RTN) Position By $11.19 Million; Tyvor Capital Has Cut American Airls Group (AAL) Stake By $12.51 Million

April 17, 2018 - By Peter Erickson

American Airlines Group Inc. (NASDAQ:AAL) Logo

Tyvor Capital Llc decreased American Airls Group Inc (AAL) stake by 66.67% reported in 2017Q4 SEC filing. Tyvor Capital Llc sold 240,648 shares as American Airls Group Inc (AAL)’s stock declined 3.21%. The Tyvor Capital Llc holds 120,294 shares with $6.26 million value, down from 360,942 last quarter. American Airls Group Inc now has $21.76 billion valuation. The stock decreased 0.88% or $0.41 during the last trading session, reaching $45.99. About 3.33M shares traded. American Airlines Group Inc. (NASDAQ:AAL) has risen 21.95% since April 17, 2017 and is uptrending. It has outperformed by 10.40% the S&P500.

Bank Of Nova Scotia increased Raytheon Co (RTN) stake by 23.49% reported in 2017Q4 SEC filing. Bank Of Nova Scotia acquired 59,838 shares as Raytheon Co (RTN)’s stock rose 14.84%. The Bank Of Nova Scotia holds 314,533 shares with $59.09 million value, up from 254,695 last quarter. Raytheon Co now has $65.04B valuation. The stock increased 0.16% or $0.3604 during the last trading session, reaching $225.4504. About 698,937 shares traded. Raytheon Company (NYSE:RTN) has risen 42.32% since April 17, 2017 and is uptrending. It has outperformed by 30.77% the S&P500.

Bank Of Nova Scotia decreased Sysco Corp (NYSE:SYY) stake by 9,078 shares to 76,149 valued at $4.63 million in 2017Q4. It also reduced Vanguard World Fds (VGT) stake by 312,000 shares and now owns 1,540 shares. Zimmer Biomet Hldgs Inc (ZMH) was reduced too.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company had 79 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, August 28 with “Buy”. The stock of Raytheon Company (NYSE:RTN) earned “Buy” rating by Robert W. Baird on Monday, October 23. The firm has “Buy” rating by Jefferies given on Monday, January 8. The company was maintained on Friday, January 29 by RBC Capital Markets. The stock has “Buy” rating by Wells Fargo on Tuesday, January 16. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, September 2. The rating was maintained by Jefferies on Friday, September 29 with “Buy”. The stock of Raytheon Company (NYSE:RTN) has “Buy” rating given on Monday, October 9 by Citigroup. RBC Capital Markets maintained the shares of RTN in report on Friday, June 2 with “Buy” rating. The stock of Raytheon Company (NYSE:RTN) has “Overweight” rating given on Monday, October 12 by JP Morgan.

Since January 2, 2018, it had 0 buys, and 19 selling transactions for $31.66 million activity. 3,405 shares valued at $718,217 were sold by Jimenez Frank R on Monday, January 29. On Tuesday, February 13 Lawrence Taylor W sold $2.80M worth of Raytheon Company (NYSE:RTN) or 12,951 shares. 10,503 shares were sold by O’Brien Anthony F, worth $2.25M on Thursday, March 1. Another trade for 3,989 shares valued at $861,146 was sold by Wood Michael J. On Tuesday, February 13 the insider Kennedy Thomas A sold $9.67M. $2.77M worth of Raytheon Company (NYSE:RTN) shares were sold by WAJSGRAS DAVID C. The insider Long Letitia A sold 650 shares worth $120,790.

Investors sentiment decreased to 1.09 in 2017 Q4. Its down 0.12, from 1.21 in 2017Q3. It dived, as 36 investors sold RTN shares while 374 reduced holdings. 106 funds opened positions while 340 raised stakes. 202.53 million shares or 1.45% less from 205.51 million shares in 2017Q3 were reported. Syntal Partners Limited Company reported 0.47% stake. Advisor Prns Llc holds 0.35% of its portfolio in Raytheon Company (NYSE:RTN) for 9,914 shares. Sandler Cap Mngmt holds 15,269 shares or 0.4% of its portfolio. Bnp Paribas Arbitrage accumulated 81,627 shares or 0.03% of the stock. Stanley, a Alabama-based fund reported 5,168 shares. Pekin Singer Strauss Asset Mngmt Il owns 2,784 shares. California State Teachers Retirement System invested in 0.2% or 506,883 shares. Moreover, Rhumbline Advisers has 0.2% invested in Raytheon Company (NYSE:RTN). Security Natl Trust reported 0.04% of its portfolio in Raytheon Company (NYSE:RTN). Oppenheimer Asset Mngmt reported 94,328 shares stake. 43,974 are held by Proshare Advisors Ltd Liability Company. Oppenheimer And Inc holds 74,217 shares. The Connecticut-based Trexquant Inv Limited Partnership has invested 0.12% in Raytheon Company (NYSE:RTN). Guardian Ltd Partnership holds 0.31% or 111,019 shares. Hm Capital Mgmt Limited Liability Company has 2,043 shares.

Among 23 analysts covering American Airlines Group (NASDAQ:AAL), 13 have Buy rating, 3 Sell and 7 Hold. Therefore 57% are positive. American Airlines Group had 79 analyst reports since July 28, 2015 according to SRatingsIntel. Vetr upgraded the stock to “Strong-Buy” rating in Wednesday, September 2 report. Bank of America downgraded the stock to “Underperform” rating in Thursday, June 16 report. The rating was maintained by Stifel Nicolaus on Sunday, August 20 with “Buy”. The rating was downgraded by HSBC to “Reduce” on Wednesday, November 25. The company was upgraded on Tuesday, August 11 by Zacks. On Thursday, March 24 the stock rating was upgraded by Raymond James to “Outperform”. The stock has “Mkt Perform” rating by Raymond James on Wednesday, September 21. The stock has “In-Line” rating by Imperial Capital on Thursday, January 12. The firm has “Mkt Perform” rating given on Monday, February 6 by Bernstein. On Friday, January 26 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

Analysts await American Airlines Group Inc. (NASDAQ:AAL) to report earnings on April, 26 before the open. They expect $0.71 EPS, up 16.39% or $0.10 from last year’s $0.61 per share. AAL’s profit will be $335.93M for 16.19 P/E if the $0.71 EPS becomes a reality. After $0.95 actual EPS reported by American Airlines Group Inc. for the previous quarter, Wall Street now forecasts -25.26% negative EPS growth.

Since January 29, 2018, it had 0 insider buys, and 3 sales for $4.08 million activity. HART MATTHEW J sold $1.83M worth of American Airlines Group Inc. (NASDAQ:AAL) on Monday, February 5. 39,662 American Airlines Group Inc. (NASDAQ:AAL) shares with value of $2.09M were sold by KERR DEREK J. $158,139 worth of stock was sold by KRAEMER RICHARD C on Monday, January 29.

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