Caisse De Depot Et Placement Du Quebec Decreased Position in Whirlpool (WHR) by $470,400; Codexis (CDXS) Holder Telemark Asset Management Has Upped Holding

April 22, 2018 - By Dolores Ford

Whirlpool Corporation (NYSE:WHR) Logo

Telemark Asset Management Llc increased its stake in Codexis Inc (CDXS) by 58.54% based on its latest 2017Q4 regulatory filing with the SEC. Telemark Asset Management Llc bought 1.20M shares as the company’s stock rose 38.61% while stock markets declined. The hedge fund held 3.25M shares of the basic industries company at the end of 2017Q4, valued at $27.14M, up from 2.05 million at the end of the previous reported quarter. Telemark Asset Management Llc who had been investing in Codexis Inc for a number of months, seems to be bullish on the $584.72M market cap company. It closed at $11.1 lastly. It is down 125.77% since April 22, 2017 and is uptrending. It has outperformed by 114.22% the S&P500.

Caisse De Depot Et Placement Du Quebec decreased its stake in Whirlpool Corp (WHR) by 8.67% based on its latest 2017Q4 regulatory filing with the SEC. Caisse De Depot Et Placement Du Quebec sold 2,800 shares as the company’s stock declined 11.00% with the market. The institutional investor held 29,500 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $4.98 million, down from 32,300 at the end of the previous reported quarter. Caisse De Depot Et Placement Du Quebec who had been investing in Whirlpool Corp for a number of months, seems to be less bullish one the $10.56B market cap company. The stock decreased 1.74% or $2.64 during the last trading session, reaching $149.37. About 878,458 shares traded. Whirlpool Corporation (NYSE:WHR) has declined 10.04% since April 22, 2017 and is downtrending. It has underperformed by 21.59% the S&P500.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.09, from 1.02 in 2017Q3. It dived, as 58 investors sold WHR shares while 199 reduced holdings. 78 funds opened positions while 160 raised stakes. 60.28 million shares or 7.26% less from 65.00 million shares in 2017Q3 were reported. Ny State Common Retirement Fund accumulated 155,200 shares. Macquarie Grp Inc Ltd owns 10,217 shares for 0% of their portfolio. Fny Managed Accounts Limited Liability Corporation reported 42 shares. Pggm Invs reported 0.1% of its portfolio in Whirlpool Corporation (NYSE:WHR). Mawer Investment Management holds 0.05% or 37,372 shares. Lpl Ltd Liability Corporation accumulated 11,837 shares or 0.01% of the stock. Moreover, Pnc Financial Services Group has 0.02% invested in Whirlpool Corporation (NYSE:WHR). Nebraska-based Ameritas Invest Prns Inc has invested 0.06% in Whirlpool Corporation (NYSE:WHR). Farmers And Merchants Inc reported 24 shares. Fort Washington Inc Oh reported 0.02% stake. Plante Moran Financial Advsr Limited Liability Company has 0% invested in Whirlpool Corporation (NYSE:WHR). Regions Financial Corp reported 2,869 shares. Alliancebernstein LP reported 0.01% of its portfolio in Whirlpool Corporation (NYSE:WHR). Groesbeck Inv Mgmt Corp Nj holds 2.13% or 18,011 shares in its portfolio. Employees Retirement System Of Texas holds 16,000 shares.

Among 10 analysts covering Whirlpool (NYSE:WHR), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Whirlpool had 32 analyst reports since August 13, 2015 according to SRatingsIntel. Gabelli initiated it with “Buy” rating and $197 target in Tuesday, October 27 report. The rating was upgraded by Goldman Sachs on Thursday, February 4 to “Buy”. On Monday, October 9 the stock rating was maintained by RBC Capital Markets with “Buy”. M Partners maintained Whirlpool Corporation (NYSE:WHR) rating on Monday, December 7. M Partners has “Buy” rating and $175 target. The firm has “Buy” rating by M Partners given on Friday, April 1. The company was maintained on Monday, April 9 by Bank of America. The rating was downgraded by Goldman Sachs on Friday, January 27 to “Neutral”. The firm earned “Overweight” rating on Tuesday, March 15 by JP Morgan. Bank of America downgraded Whirlpool Corporation (NYSE:WHR) on Tuesday, October 24 to “Hold” rating. The stock has “Top Pick” rating by RBC Capital Markets on Tuesday, September 15.

Caisse De Depot Et Placement Du Quebec, which manages about $43.30B US Long portfolio, upped its stake in Mettler (NYSE:MTD) by 7,800 shares to 11,400 shares, valued at $7.06 million in 2017Q4, according to the filing. It also increased its holding in Teleflex Inc (NYSE:TFX) by 1,600 shares in the quarter, for a total of 8,100 shares, and has risen its stake in Mgm Resorts International (NYSE:MGM).

Analysts await Whirlpool Corporation (NYSE:WHR) to report earnings on April, 23 after the close. They expect $3.02 EPS, up 20.80% or $0.52 from last year’s $2.5 per share. WHR’s profit will be $213.48 million for 12.37 P/E if the $3.02 EPS becomes a reality. After $4.10 actual EPS reported by Whirlpool Corporation for the previous quarter, Wall Street now forecasts -26.34% negative EPS growth.

Telemark Asset Management Llc, which manages about $460.03 million and $510.08 million US Long portfolio, decreased its stake in Zynga Inc (NASDAQ:ZNGA) by 1.00M shares to 4.00 million shares, valued at $16.00M in 2017Q4, according to the filing. It also reduced its holding in Novanta Inc by 18,000 shares in the quarter, leaving it with 275,000 shares, and cut its stake in Eog Resources Inc (NYSE:EOG).

Among 4 analysts covering Codexis (NASDAQ:CDXS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Codexis had 9 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was initiated by H.C. Wainwright with “Buy” on Wednesday, January 6. As per Wednesday, August 26, the company rating was upgraded by Zacks. The rating was downgraded by Zacks to “Hold” on Wednesday, August 12. The stock of Codexis, Inc. (NASDAQ:CDXS) has “Buy” rating given on Monday, March 12 by H.C. Wainwright. Jefferies maintained it with “Buy” rating and $11 target in Friday, October 13 report. The rating was downgraded by First Analysis on Thursday, January 26 to “Equal-Weight”. The stock of Codexis, Inc. (NASDAQ:CDXS) has “Buy” rating given on Wednesday, January 4 by Ladenburg Thalmann.

Since March 21, 2018, it had 0 insider purchases, and 5 insider sales for $1.19 million activity. 22,465 Codexis, Inc. (NASDAQ:CDXS) shares with value of $259,828 were sold by NICOLS JOHN J. $276,318 worth of Codexis, Inc. (NASDAQ:CDXS) shares were sold by BARUCH THOMAS R. $62,213 worth of Codexis, Inc. (NASDAQ:CDXS) was sold by Smith David V. $464,384 worth of Codexis, Inc. (NASDAQ:CDXS) shares were sold by WOLF DENNIS P.

Codexis, Inc. (NASDAQ:CDXS) Institutional Positions Chart

- 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:


>