Autodesk (ADSK) Holder White Elm Capital Lifted Stake by $2.05 Million as Share Price Rose; As Albemarle (ALB) Shares Declined, Johnston Asset Management Upped Stake

April 23, 2018 - By Ellis Scott

Autodesk, Inc. (NASDAQ:ADSK) Logo

Matthew Iorio increased its stake in Autodesk Inc (ADSK) by 10.05% based on its latest 2017Q4 regulatory filing with the SEC. White Elm Capital Llc bought 19,700 shares as the company’s stock rose 23.51% while stock markets declined. The hedge fund run by Matthew Iorio held 215,800 shares of the technology company at the end of 2017Q4, valued at $22.62 million, up from 196,100 at the end of the previous reported quarter. White Elm Capital Llc who had been investing in Autodesk Inc for a number of months, seems to be bullish on the $28.40 billion market cap company. The stock decreased 1.69% or $2.24 during the last trading session, reaching $130.09. About 1.68 million shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 50.18% since April 23, 2017 and is uptrending. It has outperformed by 38.63% the S&P500.

Johnston Asset Management Corp increased its stake in Albemarle Corp (ALB) by 9.88% based on its latest 2017Q4 regulatory filing with the SEC. Johnston Asset Management Corp bought 28,235 shares as the company’s stock declined 27.74% with the market. The institutional investor held 314,072 shares of the major chemicals company at the end of 2017Q4, valued at $40.17M, up from 285,837 at the end of the previous reported quarter. Johnston Asset Management Corp who had been investing in Albemarle Corp for a number of months, seems to be bullish on the $10.82 billion market cap company. The stock decreased 0.85% or $0.84 during the last trading session, reaching $97.75. About 912,310 shares traded. Albemarle Corporation (NYSE:ALB) has declined 10.68% since April 23, 2017 and is downtrending. It has underperformed by 22.23% the S&P500.

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.34, from 1.42 in 2017Q3. It dived, as 46 investors sold ADSK shares while 171 reduced holdings. 84 funds opened positions while 151 raised stakes. 204.78 million shares or 0.77% less from 206.38 million shares in 2017Q3 were reported. Silvercrest Asset Management Group Inc Incorporated Limited Co holds 0% in Autodesk, Inc. (NASDAQ:ADSK) or 2,512 shares. Tdam Usa has 0.04% invested in Autodesk, Inc. (NASDAQ:ADSK). Northeast Financial Consultants accumulated 6,975 shares. 11,338 are owned by Etrade Cap Mngmt Limited Liability Company. Alliancebernstein Ltd Partnership reported 345,411 shares stake. Baldwin Investment Limited Liability Corporation has invested 0.38% in Autodesk, Inc. (NASDAQ:ADSK). Moreover, Eaton Vance has 0.01% invested in Autodesk, Inc. (NASDAQ:ADSK) for 33,285 shares. State Of New Jersey Common Pension Fund D has invested 0.03% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Natixis stated it has 0.01% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). Teachers Retirement Sys Of The State Of Kentucky owns 21,800 shares for 0.03% of their portfolio. Commerzbank Aktiengesellschaft Fi holds 26,302 shares. Kbc Nv holds 0.2% or 218,896 shares. Bessemer Gru has invested 0% in Autodesk, Inc. (NASDAQ:ADSK). Iridian Asset Mngmt Limited Company Ct holds 1.66% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 1.88M shares. Nordea Investment Management reported 98,800 shares or 0.02% of all its holdings.

Since March 7, 2018, it had 0 insider purchases, and 8 selling transactions for $6.09 million activity. Another trade for 223 shares valued at $27,777 was sold by Underwood Paul D.. $2.57 million worth of Autodesk, Inc. (NASDAQ:ADSK) was sold by Anagnost Andrew. Another trade for 388 shares valued at $48,329 was made by Di Fronzo Pascal W on Monday, April 2. Blum Steven M had sold 20,458 shares worth $2.53 million on Wednesday, April 4.

Among 27 analysts covering Autodesk Inc. (NASDAQ:ADSK), 18 have Buy rating, 3 Sell and 6 Hold. Therefore 67% are positive. Autodesk Inc. had 124 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Neutral” rating given on Wednesday, November 30 by Wedbush. As per Friday, August 25, the company rating was maintained by Cowen & Co. Robert W. Baird maintained it with “Buy” rating and $135.0 target in Wednesday, March 7 report. Canaccord Genuity maintained Autodesk, Inc. (NASDAQ:ADSK) rating on Friday, August 26. Canaccord Genuity has “Hold” rating and $65 target. The stock has “Outperform” rating by RBC Capital Markets on Friday, August 28. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Hold” rating given on Tuesday, November 10 by Canaccord Genuity. The firm earned “Buy” rating on Wednesday, November 29 by Credit Suisse. Morgan Stanley maintained the stock with “Overweight” rating in Friday, August 25 report. The firm earned “Outperform” rating on Tuesday, August 4 by William Blair. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Equal-Weight” rating given on Tuesday, November 10 by Morgan Stanley.

White Elm Capital Llc, which manages about $1.86 billion and $473.62 million US Long portfolio, decreased its stake in Univar Inc by 25,920 shares to 865,090 shares, valued at $26.78 million in 2017Q4, according to the filing. It also reduced its holding in Carter Inc (NYSE:CRI) by 98,100 shares in the quarter, leaving it with 42,199 shares, and cut its stake in Visa Inc (NYSE:V).

Johnston Asset Management Corp, which manages about $4.21 billion and $2.36B US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 20,200 shares to 1.34 million shares, valued at $230.23M in 2017Q4, according to the filing. It also reduced its holding in Stanley Black & Decker Inc (NYSE:SWK) by 2,330 shares in the quarter, leaving it with 317,055 shares, and cut its stake in Adobe Sys Inc (NASDAQ:ADBE).

Among 23 analysts covering Albemarle Corporation (NYSE:ALB), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Albemarle Corporation had 78 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating by BMO Capital Markets given on Friday, March 2. The firm has “Buy” rating by Suntrust Robinson given on Friday, August 7. The firm has “Neutral” rating given on Friday, October 6 by Goldman Sachs. On Monday, November 2 the stock rating was upgraded by Citigroup to “Buy”. Suntrust Robinson downgraded the stock to “Hold” rating in Wednesday, August 9 report. SunTrust upgraded the shares of ALB in report on Friday, August 7 to “Buy” rating. The rating was maintained by KeyBanc Capital Markets on Thursday, March 1 with “Overweight”. The stock of Albemarle Corporation (NYSE:ALB) earned “Hold” rating by Seaport Global on Monday, February 5. The stock has “Neutral” rating by Citigroup on Tuesday, April 10. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by RBC Capital Markets on Thursday, November 9.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.12, from 1.13 in 2017Q3. It fall, as 42 investors sold ALB shares while 182 reduced holdings. 82 funds opened positions while 144 raised stakes. 92.86 million shares or 2.44% less from 95.18 million shares in 2017Q3 were reported. Brown Brothers Harriman Company stated it has 24,150 shares. Boston Private Wealth Limited Co has 0.13% invested in Albemarle Corporation (NYSE:ALB) for 27,790 shares. Manufacturers Life Ins The has invested 0.02% in Albemarle Corporation (NYSE:ALB). State Of New Jersey Common Pension Fund D owns 475,000 shares or 0.23% of their US portfolio. 28,860 are owned by Gamco Inc Et Al. 14,000 are owned by Bp Plc. 384 were accumulated by First Personal Financial. Huntington Bank invested 0.01% of its portfolio in Albemarle Corporation (NYSE:ALB). New Mexico Educational Retirement Board accumulated 10,600 shares. First Citizens Financial Bank reported 0.11% of its portfolio in Albemarle Corporation (NYSE:ALB). Robecosam Ag holds 187,000 shares or 1.59% of its portfolio. Virtu Limited Com reported 14,817 shares or 0.1% of all its holdings. Raymond James Tru Na reported 3,775 shares stake. Perigon Wealth Ltd Liability Corp stated it has 0% of its portfolio in Albemarle Corporation (NYSE:ALB). Maryland-based Adams Diversified Equity Fund has invested 0.52% in Albemarle Corporation (NYSE:ALB).

Albemarle Corporation (NYSE:ALB) Institutional Positions Chart

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