Eminence Capital LP Holding in Autodesk (ADSK) Trimmed by $61.02 Million; Mckinley Carter Wealth Services Has Cut Church & Dwight (CHD) Holding as Stock Declined

June 23, 2018 - By Nellie Frank

Autodesk, Inc. (NASDAQ:ADSK) Logo

Ricky Sandler decreased its stake in Autodesk Inc (ADSK) by 25.49% based on its latest 2018Q1 regulatory filing with the SEC. Eminence Capital Lp sold 488,148 shares as the company’s stock rose 13.54% while stock markets declined. The hedge fund run by Ricky Sandler held 1.43M shares of the technology company at the end of 2018Q1, valued at $179.17M, down from 1.91M at the end of the previous reported quarter. Eminence Capital Lp who had been investing in Autodesk Inc for a number of months, seems to be less bullish one the $29.92B market cap company. The stock decreased 0.89% or $1.23 during the last trading session, reaching $136.51. About 1.89M shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 16.56% since June 23, 2017 and is uptrending. It has outperformed by 3.99% the S&P500. Some Historical ADSK News: 05/04/2018 – Autodesk at Sanford C. Bernstein & Co. Software Summit Apr 10; 24/05/2018 – AUTODESK INC – SEES FY19 REVENUE UNDER 606 STANDARDS OF $2,455 MLN- $2,505 MLN; 10/05/2018 – Global Computer Integrated Manufacturing Market 2018-2022 with Autodesk, Dassault Systmes, PTC & Siemens Dominating – ResearchAndMarkets.com; 07/03/2018 – AUTODESK INC ADSK.O : JP MORGAN RAISES TARGET PRICE TO $150 FROM $130; 11/04/2018 – AUTODESK INC ADSK.O : BAIRD RAISES TARGET PRICE TO $155 FROM $145; 25/05/2018 – Tech Today: Warming to Roku, Defending Autodesk, Cheers for Veeva, Nutanix — Barron’s Blog; 06/03/2018 – AUTODESK SEES 1Q ADJ EPS 1C TO 4C, EST. 16C; 24/05/2018 – Autodesk 1Q Adj EPS 6c; 06/03/2018 – Autodesk Sees FY19 Rev $2.46B-$2.51B; 24/05/2018 – AUTODESK SEES 2Q ADJ EPS 13C TO 16C, EST. 18C

Mckinley Carter Wealth Services Inc decreased its stake in Church & Dwight (CHD) by 67.32% based on its latest 2018Q1 regulatory filing with the SEC. Mckinley Carter Wealth Services Inc sold 32,905 shares as the company’s stock declined 5.14% with the market. The institutional investor held 15,973 shares of the basic industries company at the end of 2018Q1, valued at $804,000, down from 48,878 at the end of the previous reported quarter. Mckinley Carter Wealth Services Inc who had been investing in Church & Dwight for a number of months, seems to be less bullish one the $12.39B market cap company. The stock decreased 0.12% or $0.06 during the last trading session, reaching $50.63. About 2.28M shares traded. Church & Dwight Co., Inc. (NYSE:CHD) has declined 7.38% since June 23, 2017 and is downtrending. It has underperformed by 19.95% the S&P500.

Investors sentiment decreased to 1.04 in Q1 2018. Its down 0.04, from 1.08 in 2017Q4. It turned negative, as 54 investors sold ADSK shares while 179 reduced holdings. 84 funds opened positions while 158 raised stakes. 201.43 million shares or 1.64% less from 204.78 million shares in 2017Q4 were reported. Advisory Limited Liability Co accumulated 0.03% or 2,525 shares. Everence Management Inc invested in 0.13% or 4,626 shares. Moreover, Sit has 0.16% invested in Autodesk, Inc. (NASDAQ:ADSK) for 50,635 shares. Findlay Park Partners Llp holds 2.12% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 1.70M shares. Raymond James owns 0.19% invested in Autodesk, Inc. (NASDAQ:ADSK) for 822,654 shares. Advsr Asset Mgmt Incorporated holds 0.08% in Autodesk, Inc. (NASDAQ:ADSK) or 41,607 shares. Ubs Asset Mngmt Americas has 0% invested in Autodesk, Inc. (NASDAQ:ADSK). Campbell Invest Adviser Ltd owns 1,970 shares for 0.21% of their portfolio. The Vermont-based Manchester Cap Mgmt Limited Liability Corporation has invested 0.01% in Autodesk, Inc. (NASDAQ:ADSK). Moreover, Pacific Heights Asset Mngmt Ltd Liability Corporation has 1.43% invested in Autodesk, Inc. (NASDAQ:ADSK) for 107,000 shares. Srs Investment Ltd Liability Co holds 0.16% in Autodesk, Inc. (NASDAQ:ADSK) or 65,947 shares. Alliancebernstein Lp holds 0.03% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK) for 342,221 shares. Northern stated it has 0.08% in Autodesk, Inc. (NASDAQ:ADSK). Impax Asset Mgmt Ltd, a United Kingdom-based fund reported 418,906 shares. 938,984 are owned by Waddell Reed Financial.

Among 27 analysts covering Autodesk Inc. (NASDAQ:ADSK), 18 have Buy rating, 3 Sell and 6 Hold. Therefore 67% are positive. Autodesk Inc. had 126 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Buy” rating given on Wednesday, March 7 by Cowen & Co. Credit Suisse maintained Autodesk, Inc. (NASDAQ:ADSK) on Wednesday, March 7 with “Outperform” rating. RBC Capital Markets maintained it with “Outperform” rating and $75 target in Wednesday, December 7 report. KeyBanc Capital Markets maintained Autodesk, Inc. (NASDAQ:ADSK) on Friday, August 25 with “Overweight” rating. The stock of Autodesk, Inc. (NASDAQ:ADSK) has “Buy” rating given on Wednesday, November 15 by Canaccord Genuity. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Buy” rating by Evercore on Wednesday, July 19. On Thursday, March 29 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating by Guggenheim given on Wednesday, March 7. As per Monday, August 31, the company rating was maintained by Credit Suisse. The firm earned “Hold” rating on Tuesday, November 10 by Canaccord Genuity.

Analysts await Autodesk, Inc. (NASDAQ:ADSK) to report earnings on August, 23. They expect $-0.07 EPS, up 81.58% or $0.31 from last year’s $-0.38 per share. After $-0.19 actual EPS reported by Autodesk, Inc. for the previous quarter, Wall Street now forecasts -63.16% EPS growth.

Since March 7, 2018, it had 0 insider purchases, and 11 selling transactions for $8.98 million activity. Another trade for 1,500 shares valued at $199,665 was made by BEVERIDGE CRAWFORD W on Wednesday, March 7. On Monday, June 4 the insider Blum Steven M sold $1.84 million. $48,329 worth of Autodesk, Inc. (NASDAQ:ADSK) shares were sold by Di Fronzo Pascal W. Shares for $48,349 were sold by BLASING KAREN on Thursday, June 14. Another trade for 20,499 shares valued at $2.57M was made by Anagnost Andrew on Thursday, March 29.

More recent Autodesk, Inc. (NASDAQ:ADSK) news were published by: Seekingalpha.com which released: “Goldman Sachs raises Autodesk price target after earnings” on May 25, 2018. Also Investorplace.com published the news titled: “Don’t Worry About Missing Out, Ansys Stock Is Due for a Pullback” on June 22, 2018. Seekingalpha.com‘s news article titled: “Autodesk: A Transition Creating Real Shareholder Value” with publication date: May 29, 2018 was also an interesting one.

Eminence Capital Lp, which manages about $10.55 billion and $6.71 billion US Long portfolio, upped its stake in Papa Johns Intl Inc (NASDAQ:PZZA) by 2.16M shares to 2.73M shares, valued at $156.53M in 2018Q1, according to the filing. It also increased its holding in Liberty Media Corp Delaware by 2.28M shares in the quarter, for a total of 10.87M shares, and has risen its stake in Yelp Inc (NYSE:YELP).

Analysts await Church & Dwight Co., Inc. (NYSE:CHD) to report earnings on August, 2. They expect $0.46 EPS, up 12.20% or $0.05 from last year’s $0.41 per share. CHD’s profit will be $112.56 million for 27.52 P/E if the $0.46 EPS becomes a reality. After $0.63 actual EPS reported by Church & Dwight Co., Inc. for the previous quarter, Wall Street now forecasts -26.98% negative EPS growth.

Among 21 analysts covering Church & Dwight (NYSE:CHD), 5 have Buy rating, 5 Sell and 11 Hold. Therefore 24% are positive. Church & Dwight had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Friday, April 20 by Deutsche Bank. BMO Capital Markets maintained Church & Dwight Co., Inc. (NYSE:CHD) on Tuesday, February 6 with “Hold” rating. On Wednesday, November 29 the stock rating was upgraded by Societe Generale to “Buy”. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, February 5. BMO Capital Markets maintained the shares of CHD in report on Tuesday, October 3 with “Hold” rating. Wells Fargo reinitiated the stock with “Market Perform” rating in Tuesday, November 15 report. The stock has “Buy” rating by Deutsche Bank on Friday, August 5. The company was maintained on Monday, November 6 by BMO Capital Markets. The stock of Church & Dwight Co., Inc. (NYSE:CHD) earned “Buy” rating by Williams Capital Group on Thursday, August 6. The firm has “Buy” rating by Jefferies given on Tuesday, August 22.

Mckinley Carter Wealth Services Inc, which manages about $815.35M and $305.89M US Long portfolio, upped its stake in Spdr Large Cap Etf (ONEK) by 14,981 shares to 98,243 shares, valued at $3.04 million in 2018Q1, according to the filing. It also increased its holding in Fiserv (NASDAQ:FISV) by 20,690 shares in the quarter, for a total of 42,212 shares, and has risen its stake in Microsoft (NASDAQ:MSFT).

Investors sentiment decreased to 0.92 in 2018 Q1. Its down 0.04, from 0.96 in 2017Q4. It worsened, as 34 investors sold CHD shares while 234 reduced holdings. 61 funds opened positions while 185 raised stakes. 193.65 million shares or 2.02% less from 197.64 million shares in 2017Q4 were reported. Weiss Multi has 82,500 shares. Norris Perne And French Ltd Liability Partnership Mi reported 0.1% stake. Reynders Mcveigh Capital Mngmt Lc invested in 0% or 2,187 shares. Bryn Mawr owns 116,518 shares for 0.34% of their portfolio. Congress Asset Ma accumulated 1.75M shares. Dekabank Deutsche Girozentrale accumulated 66,013 shares or 0.02% of the stock. Cognios Capital Limited Company holds 0.9% in Church & Dwight Co., Inc. (NYSE:CHD) or 49,133 shares. Teachers Retirement System Of The State Of Kentucky owns 26,900 shares or 0.02% of their US portfolio. Panagora Asset Mngmt holds 59,465 shares or 0.01% of its portfolio. Ardevora Asset Management Limited Liability Partnership owns 770,540 shares for 1.16% of their portfolio. Bahl Gaynor holds 0.14% or 257,123 shares in its portfolio. Mountain Pacific Invest Advisers Id has invested 2.01% of its portfolio in Church & Dwight Co., Inc. (NYSE:CHD). 318,115 are held by Agf Invests Incorporated. 2,427 are held by Assetmark. California-based California State Teachers Retirement System has invested 0.04% in Church & Dwight Co., Inc. (NYSE:CHD).

Since February 26, 2018, it had 2 insider purchases, and 7 selling transactions for $28.12 million activity. 13,830 shares valued at $653,468 were sold by Saligram Ravichandra Krishnamurty on Thursday, May 24. $28,494 worth of Church & Dwight Co., Inc. (NYSE:CHD) shares were bought by Zagorski Judy A.. Shares for $925,749 were sold by FARRELL MATTHEW. 12,600 shares were sold by KATZ STEVEN J, worth $638,319 on Friday, March 9. Another trade for 78 shares valued at $3,717 was bought by Bomhard Britta.

Church & Dwight Co., Inc. (NYSE:CHD) Institutional Positions Chart

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