As Conocophillips (COP) Stock Rose, Shareholder Segall Bryant & Hamill Has Trimmed Its Holding; Earnest Partners Position in Albany International Corp. Cl A (AIN) Has Boosted by $16.41 Million as Market Value Rose

April 21, 2018 - By Winifred Garcia

Albany International Corp. (NYSE:AIN) Logo

Segall Bryant & Hamill Llc decreased its stake in Conocophillips (COP) by 6.71% based on its latest 2017Q4 regulatory filing with the SEC. Segall Bryant & Hamill Llc sold 6,377 shares as the company’s stock rose 6.56% while stock markets declined. The hedge fund held 88,634 shares of the integrated oil company at the end of 2017Q4, valued at $4.87M, down from 95,011 at the end of the previous reported quarter. Segall Bryant & Hamill Llc who had been investing in Conocophillips for a number of months, seems to be less bullish one the $77.05B market cap company. The stock decreased 0.78% or $0.52 during the last trading session, reaching $65.79. About 7.01 million shares traded. ConocoPhillips (NYSE:COP) has risen 33.53% since April 21, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Earnest Partners Llc increased its stake in Albany International Corp. Cl A (AIN) by 23.43% based on its latest 2017Q4 regulatory filing with the SEC. Earnest Partners Llc bought 269,083 shares as the company’s stock rose 2.04% while stock markets declined. The institutional investor held 1.42M shares of the textiles company at the end of 2017Q4, valued at $87.11 million, up from 1.15M at the end of the previous reported quarter. Earnest Partners Llc who had been investing in Albany International Corp. Cl A for a number of months, seems to be bullish on the $2.05 billion market cap company. The stock decreased 1.62% or $1.05 during the last trading session, reaching $63.65. About 87,059 shares traded. Albany International Corp. (NYSE:AIN) has risen 40.79% since April 21, 2017 and is uptrending. It has outperformed by 29.24% the S&P500.

Segall Bryant & Hamill Llc, which manages about $9.47 billion and $4.54 billion US Long portfolio, upped its stake in Spx Corporation (SPW) by 86,615 shares to 1.09M shares, valued at $34.28M in 2017Q4, according to the filing. It also increased its holding in Dover Corp (NYSE:DOV) by 21,821 shares in the quarter, for a total of 149,147 shares, and has risen its stake in Energizer Holdings Inc. New.

Investors sentiment increased to 0.72 in Q4 2017. Its up 0.09, from 0.63 in 2017Q3. It improved, as 42 investors sold COP shares while 534 reduced holdings. 121 funds opened positions while 296 raised stakes. 805.62 million shares or 1.13% less from 814.86 million shares in 2017Q3 were reported. Oakworth Cap, Alabama-based fund reported 6,524 shares. 389,816 were accumulated by Fifth Third Bancorp. Daiwa Sb Limited stated it has 2.73% in ConocoPhillips (NYSE:COP). Indiana Trust & Mgmt Communication stated it has 3,710 shares. Paloma Prns Mgmt has 60,716 shares for 0.04% of their portfolio. Benjamin F Edwards Company Inc accumulated 8,784 shares. Dnb Asset Management As invested 0.1% in ConocoPhillips (NYSE:COP). Great Lakes Limited Company has invested 0.64% in ConocoPhillips (NYSE:COP). Aperio reported 0.15% of its portfolio in ConocoPhillips (NYSE:COP). B T Capital Mngmt Dba Alpha Capital Mngmt stated it has 4,164 shares or 0.11% of all its holdings. Adirondack Tru holds 10,772 shares or 0.43% of its portfolio. Keybank National Association Oh holds 0.23% or 737,725 shares in its portfolio. Cypress Asset Mgmt Tx invested 0.14% in ConocoPhillips (NYSE:COP). Eagle Asset Management accumulated 26,425 shares. 618,511 were reported by State Of Tennessee Treasury Department.

Analysts await ConocoPhillips (NYSE:COP) to report earnings on April, 26 before the open. They expect $0.70 EPS, up 3,600.00% or $0.72 from last year’s $-0.02 per share. COP’s profit will be $819.79 million for 23.50 P/E if the $0.70 EPS becomes a reality. After $0.45 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts 55.56% EPS growth.

Since March 29, 2018, it had 0 insider buys, and 1 insider sale for $1.47 million activity.

Among 25 analysts covering ConocoPhillips (NYSE:COP), 15 have Buy rating, 1 Sell and 9 Hold. Therefore 60% are positive. ConocoPhillips had 97 analyst reports since August 4, 2015 according to SRatingsIntel. UBS maintained ConocoPhillips (NYSE:COP) on Friday, February 5 with “Neutral” rating. The stock has “Buy” rating by Piper Jaffray on Thursday, November 9. The company was maintained on Thursday, January 18 by Cowen & Co. The stock has “Hold” rating by Edward Jones on Thursday, April 19. On Friday, August 7 the stock rating was initiated by Bernstein with “Outperform”. The firm earned “Buy” rating on Friday, July 21 by Citigroup. The stock of ConocoPhillips (NYSE:COP) earned “Underweight” rating by JP Morgan on Tuesday, December 15. The firm has “Buy” rating given on Friday, July 28 by Bank of America. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, January 23. The firm earned “Buy” rating on Wednesday, December 9 by Argus Research.

Among 4 analysts covering Albany Intl (NYSE:AIN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Albany Intl had 5 analyst reports since October 29, 2015 according to SRatingsIntel. Macquarie Research maintained it with “Outperform” rating and $43 target in Wednesday, December 9 report. The firm has “Neutral” rating by Sidoti given on Friday, December 16. The firm has “Hold” rating by Stephens given on Tuesday, March 6. The rating was initiated by Macquarie Research on Thursday, October 29 with “Outperform”.

Investors sentiment decreased to 1.03 in Q4 2017. Its down 0.19, from 1.22 in 2017Q3. It dropped, as 9 investors sold AIN shares while 62 reduced holdings. 22 funds opened positions while 51 raised stakes. 28.52 million shares or 1.45% less from 28.94 million shares in 2017Q3 were reported. Brown Advisory has invested 0.31% of its portfolio in Albany International Corp. (NYSE:AIN). Westwood Holdg Grp holds 0.36% or 777,721 shares. Texas Permanent School Fund has 0.02% invested in Albany International Corp. (NYSE:AIN). Gamco Investors Et Al invested in 0.03% or 67,963 shares. Fincl Bank Of Ny Mellon Corp holds 0.01% of its portfolio in Albany International Corp. (NYSE:AIN) for 449,659 shares. 48,742 are held by Arizona State Retirement System. Fdx Advsrs Incorporated owns 0.01% invested in Albany International Corp. (NYSE:AIN) for 4,553 shares. California-based Parallax Volatility Advisers LP has invested 0% in Albany International Corp. (NYSE:AIN). California Employees Retirement has invested 0% in Albany International Corp. (NYSE:AIN). Blackrock stated it has 0.01% of its portfolio in Albany International Corp. (NYSE:AIN). Profund Advisors Lc has 0.01% invested in Albany International Corp. (NYSE:AIN). Geode Capital Management Ltd Liability Corp has 235,766 shares. Teacher Retirement Sys Of Texas reported 0% in Albany International Corp. (NYSE:AIN). Citigroup Incorporated invested in 0% or 8,297 shares. Assetmark owns 37 shares for 0% of their portfolio.

Earnest Partners Llc, which manages about $24.92 billion and $10.44B US Long portfolio, decreased its stake in Scotts Miracle (NYSE:SMG) by 12,584 shares to 1.30M shares, valued at $139.48M in 2017Q4, according to the filing. It also reduced its holding in Goldman Sachs Gp (NYSE:GS) by 4,437 shares in the quarter, leaving it with 83,289 shares, and cut its stake in Intercontinental (NYSE:ICE).

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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