As Graco (GGG) Market Valuation Declined, Bremer Trust National Association Raised Stake by $1.91 Million; Dupont Capital Management Cut Activision Blizzard (ATVI) Stake as Stock Rose

April 24, 2018 - By Pete Kolinski

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Dupont Capital Management Corp decreased its stake in Activision Blizzard Inc (ATVI) by 85.4% based on its latest 2017Q4 regulatory filing with the SEC. Dupont Capital Management Corp sold 78,802 shares as the company’s stock rose 2.76% while stock markets declined. The institutional investor held 13,475 shares of the technology company at the end of 2017Q4, valued at $853,000, down from 92,277 at the end of the previous reported quarter. Dupont Capital Management Corp who had been investing in Activision Blizzard Inc for a number of months, seems to be less bullish one the $49.42 billion market cap company. The stock decreased 1.65% or $1.09 during the last trading session, reaching $65.14. About 3.84 million shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 34.46% since April 24, 2017 and is uptrending. It has outperformed by 22.91% the S&P500.

Bremer Trust National Association increased its stake in Graco Inc (GGG) by 185.55% based on its latest 2017Q4 regulatory filing with the SEC. Bremer Trust National Association bought 42,388 shares as the company’s stock declined 0.59% with the market. The institutional investor held 65,232 shares of the fluid controls company at the end of 2017Q4, valued at $2.95M, up from 22,844 at the end of the previous reported quarter. Bremer Trust National Association who had been investing in Graco Inc for a number of months, seems to be bullish on the $7.57 billion market cap company. The stock decreased 3.76% or $1.75 during the last trading session, reaching $44.8. About 624,870 shares traded. Graco Inc. (NYSE:GGG) has risen 44.03% since April 24, 2017 and is uptrending. It has outperformed by 32.48% the S&P500.

Investors sentiment increased to 9.88 in 2017 Q4. Its up 8.92, from 0.96 in 2017Q3. It increased, as 25 investors sold GGG shares while 7 reduced holdings. 59 funds opened positions while 257 raised stakes. 278.85 million shares or 493.55% more from 46.98 million shares in 2017Q3 were reported. 17,910 were reported by Planning Alternatives Ltd Adv. Eulav Asset holds 0.03% in Graco Inc. (NYSE:GGG) or 12,900 shares. C M Bidwell & Associates has invested 0.01% in Graco Inc. (NYSE:GGG). Credit Suisse Ag, Switzerland-based fund reported 204,234 shares. Rockland Trust Commerce has 0.07% invested in Graco Inc. (NYSE:GGG). Mariner Wealth Advisors Limited Liability Company has 0.07% invested in Graco Inc. (NYSE:GGG) for 40,473 shares. Captrust owns 1,855 shares. Dorsey & Whitney Co Ltd Com accumulated 273,663 shares. Metropolitan Life Communication holds 0.03% of its portfolio in Graco Inc. (NYSE:GGG) for 55,725 shares. Teacher Retirement Of Texas stated it has 57,129 shares. Cornerstone Advisors reported 0.02% of its portfolio in Graco Inc. (NYSE:GGG). Kj Harrison & Prtn Incorporated reported 15,000 shares. Apg Asset Nv invested in 453,600 shares or 0.03% of the stock. M&T Financial Bank Corporation holds 54,747 shares. Jane Street Grp Ltd Liability Corporation owns 21,291 shares or 0% of their US portfolio.

Since October 30, 2017, it had 0 buys, and 6 sales for $11.41 million activity. Another trade for 15,000 shares valued at $1.98M was sold by GALLIVAN KAREN PARK. Another trade for 12,750 shares valued at $1.68M was sold by Rothe Christian E. Shares for $3.94 million were sold by SHEAHAN MARK W.

Among 15 analysts covering Graco Inc (NYSE:GGG), 2 have Buy rating, 0 Sell and 13 Hold. Therefore 13% are positive. Graco Inc had 36 analyst reports since September 15, 2015 according to SRatingsIntel. The stock of Graco Inc. (NYSE:GGG) has “Neutral” rating given on Monday, April 4 by Sidoti. RBC Capital Markets maintained the shares of GGG in report on Friday, September 15 with “Hold” rating. The rating was maintained by Oppenheimer on Wednesday, August 16 with “Hold”. RBC Capital Markets maintained the shares of GGG in report on Monday, May 1 with “Hold” rating. The stock of Graco Inc. (NYSE:GGG) earned “Hold” rating by Seaport Global on Monday, January 22. Deutsche Bank initiated Graco Inc. (NYSE:GGG) on Wednesday, September 7 with “Hold” rating. Oppenheimer maintained the stock with “Hold” rating in Wednesday, July 26 report. The stock has “Hold” rating by RBC Capital Markets on Monday, July 10. Robert W. Baird maintained it with “Hold” rating and $5200 target in Wednesday, April 4 report. The stock of Graco Inc. (NYSE:GGG) earned “Underperform” rating by RBC Capital Markets on Wednesday, January 27.

Bremer Trust National Association, which manages about $372.01 million US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 2,601 shares to 41,796 shares, valued at $7.07M in 2017Q4, according to the filing. It also reduced its holding in On Semiconductor Corp (ONNN) by 21,460 shares in the quarter, leaving it with 160,798 shares, and cut its stake in Goldman Sachs Group Inc (NYSE:GS).

Among 30 analysts covering Activision Blizzard (NASDAQ:ATVI), 24 have Buy rating, 0 Sell and 6 Hold. Therefore 80% are positive. Activision Blizzard had 131 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Buy” rating given on Friday, October 6 by Jefferies. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Buy” rating by Mizuho on Friday, May 6. Jefferies maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Friday, August 5. Jefferies has “Buy” rating and $55 target. As per Monday, July 27, the company rating was maintained by M Partners. The firm earned “Buy” rating on Friday, October 27 by SunTrust. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Buy” rating by Benchmark on Friday, February 3. The firm earned “Neutral” rating on Thursday, August 6 by Hilliard Lyons. The company was maintained on Thursday, March 17 by Barclays Capital. Bank of America maintained the shares of ATVI in report on Tuesday, February 6 with “Buy” rating. The firm has “Outperform” rating by Wedbush given on Friday, February 12.

Since February 16, 2018, it had 0 insider purchases, and 7 sales for $157.83 million activity. $1.40M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) shares were sold by ZACCONI RICCARDO. Shares for $14.62 million were sold by Morhaime Michael. Shares for $120.10 million were sold by KELLY BRIAN G on Wednesday, February 21. The insider Durkin Dennis M sold 71,488 shares worth $5.41M. $1.42M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) shares were sold by MORGADO ROBERT J. $6.15 million worth of Activision Blizzard, Inc. (NASDAQ:ATVI) shares were sold by CORTI ROBERT J.

Investors sentiment decreased to 1.18 in Q4 2017. Its down 0.20, from 1.38 in 2017Q3. It fall, as 51 investors sold ATVI shares while 225 reduced holdings. 92 funds opened positions while 233 raised stakes. 631.75 million shares or 1.26% less from 639.82 million shares in 2017Q3 were reported. Panagora Asset stated it has 1.21 million shares or 0.29% of all its holdings. North Star Inv Management stated it has 100 shares or 0% of all its holdings. 15,284 are owned by Highstreet Asset Inc. United Services Automobile Association owns 749,982 shares for 0.13% of their portfolio. State Board Of Administration Of Florida Retirement Systems accumulated 0.17% or 1.03 million shares. 72,600 are held by New Mexico Educational Retirement Board. 14,771 were reported by Everence Capital Inc. Tradewinds Capital Mgmt Limited Liability Corp invested 0% in Activision Blizzard, Inc. (NASDAQ:ATVI). First Manhattan reported 0% stake. Cibc Asset Management Incorporated owns 189,030 shares or 0.07% of their US portfolio. Pacific Inv Communication owns 8,926 shares for 0.12% of their portfolio. 3,509 are owned by Nuwave Inv Management Ltd Liability Co. 23,187 were reported by Alpha Cubed Investments Ltd Liability Corp. Aviva Public Limited Company holds 0.15% or 412,278 shares. Gateway Invest Advisers Ltd Liability Corporation invested in 0.28% or 516,726 shares.

Analysts await Activision Blizzard, Inc. (NASDAQ:ATVI) to report earnings on May, 3 after the close. They expect $0.30 EPS, up 11.11% or $0.03 from last year’s $0.27 per share. ATVI’s profit will be $227.59 million for 54.28 P/E if the $0.30 EPS becomes a reality. After $0.88 actual EPS reported by Activision Blizzard, Inc. for the previous quarter, Wall Street now forecasts -65.91% negative EPS growth.

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