As Loral Space & Communicatns I (LORL) Share Price Declined, Pointstate Capital LP Boosted Holding; Private Advisor Group Has Upped Its Smith A O (AOS) Holding by $382,158

April 21, 2018 - By Darrin Black

A. O. Smith Corporation (NYSE:AOS) Logo

Private Advisor Group Llc increased its stake in Smith A O (AOS) by 55.09% based on its latest 2017Q4 regulatory filing with the SEC. Private Advisor Group Llc bought 6,066 shares as the company’s stock rose 1.99% while stock markets declined. The institutional investor held 17,077 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.08M, up from 11,011 at the end of the previous reported quarter. Private Advisor Group Llc who had been investing in Smith A O for a number of months, seems to be bullish on the $11.20 billion market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $65.27. About 724,504 shares traded. A. O. Smith Corporation (NYSE:AOS) has risen 21.58% since April 21, 2017 and is uptrending. It has outperformed by 10.03% the S&P500.

Pointstate Capital Lp increased its stake in Loral Space & Communicatns I (LORL) by 312.96% based on its latest 2017Q4 regulatory filing with the SEC. Pointstate Capital Lp bought 398,855 shares as the company’s stock declined 4.19% with the market. The hedge fund held 526,300 shares of the technology company at the end of 2017Q4, valued at $23.18M, up from 127,445 at the end of the previous reported quarter. Pointstate Capital Lp who had been investing in Loral Space & Communicatns I for a number of months, seems to be bullish on the $1.23B market cap company. The stock decreased 0.87% or $0.35 during the last trading session, reaching $39.8. About 58,296 shares traded or 5.06% up from the average. Loral Space & Communications Inc. (NASDAQ:LORL) has risen 7.35% since April 21, 2017 and is uptrending. It has underperformed by 4.20% the S&P500.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.68, from 1.68 in 2017Q3. It dropped, as 2 investors sold LORL shares while 34 reduced holdings. 8 funds opened positions while 28 raised stakes. 20.80 million shares or 0.69% more from 20.65 million shares in 2017Q3 were reported. Metropolitan Life Insur Company, New York-based fund reported 4,138 shares. Brown Advisory holds 0.08% or 600,852 shares in its portfolio. Moreover, Goldman Sachs Gru Inc has 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL) for 14,016 shares. 644,977 are owned by Gabelli Funds Ltd. 14,529 were accumulated by Susquehanna Interest Group Limited Liability Partnership. Wells Fargo Mn owns 7,049 shares. Blackrock Inc invested 0% in Loral Space & Communications Inc. (NASDAQ:LORL). Invesco owns 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL) for 13,271 shares. Northern Tru Corp invested in 0% or 164,699 shares. Moreover, Deutsche Bancshares Ag has 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL). 477 are owned by Retail Bank Of Montreal Can. New York-based Phoenix Investment Adviser Llc has invested 0.42% in Loral Space & Communications Inc. (NASDAQ:LORL). Manufacturers Life Insurance The owns 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL) for 10,025 shares. Archer Cap Management Ltd Partnership, a New York-based fund reported 217,539 shares. Mhr Fund Limited Co has invested 16.82% of its portfolio in Loral Space & Communications Inc. (NASDAQ:LORL).

Pointstate Capital Lp, which manages about $10.76B and $10.30 billion US Long portfolio, decreased its stake in Grupo Supervielle S A by 162,595 shares to 2.11M shares, valued at $61.86 million in 2017Q4, according to the filing. It also reduced its holding in Powershares Qqq Trust (Put) (QQQ) by 2.47 million shares in the quarter, leaving it with 909,900 shares, and cut its stake in Prothena Corp Plc (NASDAQ:PRTA).

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.07, from 1.14 in 2017Q3. It is positive, as 25 investors sold AOS shares while 136 reduced holdings. 49 funds opened positions while 146 raised stakes. 120.93 million shares or 1.94% less from 123.32 million shares in 2017Q3 were reported. 13,864 are held by Ing Groep Nv. Ledyard Natl Bank owns 339 shares for 0% of their portfolio. Jacobs Levy Equity Mngmt Inc accumulated 17,960 shares. Ranger Inv Management Limited Partnership owns 4,570 shares. Annex Advisory Svcs Limited Liability Com has invested 0.04% in A. O. Smith Corporation (NYSE:AOS). Turtle Creek Asset Mngmt reported 6,500 shares stake. Strs Ohio accumulated 49,849 shares. Agf Inc has 0.02% invested in A. O. Smith Corporation (NYSE:AOS) for 38,007 shares. Vermont-based Manchester Capital Mngmt Lc has invested 0.14% in A. O. Smith Corporation (NYSE:AOS). State Board Of Administration Of Florida Retirement System has invested 0.03% of its portfolio in A. O. Smith Corporation (NYSE:AOS). Goldman Sachs Grp Inc invested 0.02% of its portfolio in A. O. Smith Corporation (NYSE:AOS). Bessemer Gru Incorporated accumulated 0% or 19,261 shares. Delta Asset Mgmt Lc Tn accumulated 0% or 24 shares. Bamco invested in 0.15% or 538,894 shares. 58,262 were accumulated by Oregon Pub Employees Retirement Fund.

Among 17 analysts covering AO Smith Corp (NYSE:AOS), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. AO Smith Corp had 41 analyst reports since September 11, 2015 according to SRatingsIntel. The stock has “Buy” rating by Suntrust Robinson on Tuesday, November 3. As per Thursday, July 14, the company rating was maintained by SunTrust. Jefferies maintained A. O. Smith Corporation (NYSE:AOS) on Thursday, June 1 with “Buy” rating. Jefferies maintained it with “Buy” rating and $63.0 target in Tuesday, September 12 report. KeyCorp downgraded the shares of AOS in report on Monday, May 1 to “Sector Weight” rating. The firm earned “Hold” rating on Wednesday, January 31 by Stifel Nicolaus. On Thursday, August 10 the stock rating was maintained by Stifel Nicolaus with “Hold”. As per Friday, August 11, the company rating was maintained by Jefferies. The company was maintained on Thursday, October 12 by SunTrust. BMO Capital Markets maintained it with “Buy” rating and $6000 target in Wednesday, June 21 report.

Since October 31, 2017, it had 0 insider purchases, and 10 insider sales for $9.00 million activity. Martineau Peter R also sold $1.32 million worth of A. O. Smith Corporation (NYSE:AOS) on Tuesday, October 31. 17,856 shares valued at $1.19M were sold by GREUBEL WILLIAM P on Thursday, February 1. Another trade for 6,800 shares valued at $435,308 was sold by Rajendra Ajita G. On Tuesday, March 6 the insider BROUWER WILFRIDUS M sold $1.89M. 11,773 A. O. Smith Corporation (NYSE:AOS) shares with value of $768,677 were sold by Ding Wei. SMITH MARK D also sold $163,099 worth of A. O. Smith Corporation (NYSE:AOS) shares.

Private Advisor Group Llc, which manages about $5.58 billion and $2.37 billion US Long portfolio, decreased its stake in Air Prods & Chems Inc (NYSE:APD) by 2,762 shares to 4,905 shares, valued at $826,000 in 2017Q4, according to the filing. It also reduced its holding in First Tr Exchange Traded Fd (FXH) by 7,780 shares in the quarter, leaving it with 8,673 shares, and cut its stake in Novartis A G (NYSE:NVS).

A. O. Smith Corporation (NYSE:AOS) Institutional Positions Chart

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