Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Lowered Its Stake in Ecolab (ECL) by $5.24 Million as Stock Price Rose; Everett Harris & Company Trimmed Its Position in Wal Mart Stores (WMT) by $494,832

January 14, 2018 - By Nellie Frank

Everett Harris & Company decreased its stake in Wal Mart Stores Inc. (WMT) by 1.88% based on its latest 2017Q3 regulatory filing with the SEC. Everett Harris & Company sold 6,344 shares as the company’s stock rose 13.55% with the market. The institutional investor held 331,919 shares of the consumer services company at the end of 2017Q3, valued at $25.94M, down from 338,263 at the end of the previous reported quarter. Everett Harris & Company who had been investing in Wal Mart Stores Inc. for a number of months, seems to be less bullish one the $298.82 billion market cap company. The stock increased 0.85% or $0.85 during the last trading session, reaching $100.87. About 6.95M shares traded. Wal-Mart Stores, Inc. (NYSE:WMT) has risen 13.83% since January 14, 2017 and is uptrending. It has underperformed by 2.87% the S&P500.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp decreased its stake in Ecolab Inc (ECL) by 60.5% based on its latest 2017Q3 regulatory filing with the SEC. Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp sold 40,900 shares as the company’s stock rose 2.53% with the market. The institutional investor held 26,700 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $3.43 million, down from 67,600 at the end of the previous reported quarter. Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp who had been investing in Ecolab Inc for a number of months, seems to be less bullish one the $39.78B market cap company. The stock increased 0.47% or $0.65 during the last trading session, reaching $137.68. About 1.27M shares traded or 18.20% up from the average. Ecolab Inc. (NYSE:ECL) has risen 9.41% since January 14, 2017 and is uptrending. It has underperformed by 7.29% the S&P500.




Everett Harris & Company, which manages about $6.37B and $3.33B US Long portfolio, upped its stake in Home Depot (NYSE:HD) by 2,686 shares to 30,879 shares, valued at $5.05 million in 2017Q3, according to the filing. It also increased its holding in Chevron Corporation (NYSE:CVX) by 7,410 shares in the quarter, for a total of 303,582 shares, and has risen its stake in Factset Research Systems Inc. (NYSE:FDS).

Among 37 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 20 Hold. Therefore 46% are positive. Wal-Mart Stores Inc had 137 analyst reports since August 14, 2015 according to SRatingsIntel. Citigroup maintained Wal-Mart Stores, Inc. (NYSE:WMT) on Tuesday, August 15 with “Neutral” rating. The firm has “Outperform” rating given on Friday, November 17 by Telsey Advisory Group. The firm has “Buy” rating by KeyBanc Capital Markets given on Tuesday, September 19. The rating was maintained by Cowen & Co with “Buy” on Wednesday, October 11. As per Saturday, August 22, the company rating was maintained by Stephens. The firm has “Sell” rating given on Monday, June 19 by RBC Capital Markets. The company was maintained on Friday, November 17 by BMO Capital Markets. As per Friday, October 7, the company rating was maintained by Telsey Advisory Group. Bank of America downgraded it to “Neutral” rating and $65 target in Thursday, October 15 report. The firm earned “Market Perform” rating on Friday, May 19 by BMO Capital Markets.

Analysts await Wal-Mart Stores, Inc. (NYSE:WMT) to report earnings on February, 20. They expect $1.36 EPS, up 4.62% or $0.06 from last year’s $1.3 per share. WMT’s profit will be $4.03B for 18.54 P/E if the $1.36 EPS becomes a reality. After $1.00 actual EPS reported by Wal-Mart Stores, Inc. for the previous quarter, Wall Street now forecasts 36.00% EPS growth.

Investors sentiment is 1.02 in Q3 2017. Its the same as in 2017Q2. It is flat, as 62 investors sold WMT shares while 508 reduced holdings. only 113 funds opened positions while 468 raised stakes. 881.34 million shares or 0.46% more from 877.29 million shares in 2017Q2 were reported. Hotchkis & Wiley Mgmt Ltd Limited Liability Company accumulated 0.73% or 2.36 million shares. State Of Tennessee Treasury Department owns 1.61M shares for 0.64% of their portfolio. Spirit Of America stated it has 5,024 shares or 0.04% of all its holdings. Kornitzer Mngmt Ks invested in 0.34% or 245,836 shares. Savant Cap Ltd Liability reported 14,661 shares. Riggs Asset Managment Inc holds 0.01% or 352 shares. Somerville Kurt F holds 0.13% or 8,350 shares. Green Valley Investors Ltd Liability holds 846,038 shares or 3.22% of its portfolio. 119,461 are held by Oppenheimer And Inc. Nomura Inc, Japan-based fund reported 117,117 shares. Moody Comml Bank Division has 14,513 shares. Nationwide Fund Advsrs holds 0.21% or 678,924 shares in its portfolio. 25,164 are held by Moors And Cabot. 216 were reported by Qci Asset Mgmt. Cantab Cap Ptnrs Llp owns 43,621 shares for 0.49% of their portfolio.

Since August 21, 2017, it had 0 buys, and 18 insider sales for $1.67 billion activity. $125,299 worth of Wal-Mart Stores, Inc. (NYSE:WMT) shares were sold by Canney Jacqueline P. On Tuesday, September 5 WALTON JIM C sold $131.11M worth of Wal-Mart Stores, Inc. (NYSE:WMT) or 1.65 million shares. WALTON ALICE L sold $131.11 million worth of Wal-Mart Stores, Inc. (NYSE:WMT) on Tuesday, September 5. Gearhart Jeffrey J had sold 9,216 shares worth $727,698 on Tuesday, August 29.

Among 21 analysts covering Ecolab (NYSE:ECL), 10 have Buy rating, 1 Sell and 10 Hold. Therefore 48% are positive. Ecolab had 55 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, August 2 by Deutsche Bank. The rating was maintained by UBS on Wednesday, November 1 with “Buy”. On Tuesday, October 31 the stock rating was maintained by Robert W. Baird with “Hold”. Macquarie Research initiated Ecolab Inc. (NYSE:ECL) on Friday, August 26 with “Outperform” rating. Citigroup maintained the stock with “Neutral” rating in Monday, April 18 report. Sterne Agee CRT initiated the shares of ECL in report on Tuesday, March 22 with “Buy” rating. The stock has “Overweight” rating by Piper Jaffray on Tuesday, November 3. Goldman Sachs downgraded the shares of ECL in report on Monday, March 14 to “Sell” rating. The company was maintained on Wednesday, October 11 by Canaccord Genuity. The stock of Ecolab Inc. (NYSE:ECL) earned “Hold” rating by Deutsche Bank on Monday, October 19.

Investors sentiment increased to 1.19 in Q3 2017. Its up 0.25, from 0.94 in 2017Q2. It increased, as 31 investors sold ECL shares while 274 reduced holdings. 81 funds opened positions while 281 raised stakes. 213.37 million shares or 1.11% more from 211.02 million shares in 2017Q2 were reported. 7,703 were reported by Daiwa Group. National Planning owns 1,595 shares. 16,296 are held by Hikari Tsushin Inc. Westpac holds 0.05% in Ecolab Inc. (NYSE:ECL) or 16,949 shares. Lombard Odier Asset Mgmt (Europe) Limited has invested 0.02% in Ecolab Inc. (NYSE:ECL). 168,700 were reported by Nordea Invest. Northern Corporation accumulated 0.11% or 3.23 million shares. Woodstock invested 1.56% of its portfolio in Ecolab Inc. (NYSE:ECL). Cornerstone Capital Mngmt Holding Limited Company invested in 44,935 shares or 0.05% of the stock. Tuttle Tactical Management Lc stated it has 4,238 shares or 0.54% of all its holdings. Ami Asset reported 280,120 shares or 2.55% of all its holdings. Cambridge Trust owns 75,313 shares. First Citizens Savings Bank & Tru invested in 24,850 shares or 0.42% of the stock. Sterling Mngmt Llc reported 0.69% stake. Triangle Secs Wealth Mngmt holds 5,358 shares.

Her Majesty The Queen In Right Of The Province Of Alberta Alberta Investment Management Corp, which manages about $10.69B US Long portfolio, upped its stake in Liberty Media Corp Delaware by 12,796 shares to 173,078 shares, valued at $7.25 million in 2017Q3, according to the filing. It also increased its holding in Omnicom Group Inc (NYSE:OMC) by 391,800 shares in the quarter, for a total of 524,200 shares, and has risen its stake in Iamgold Corp (NYSE:IAG).

Analysts await Ecolab Inc. (NYSE:ECL) to report earnings on February, 20. They expect $1.40 EPS, up 12.00% or $0.15 from last year’s $1.25 per share. ECL’s profit will be $404.48 million for 24.59 P/E if the $1.40 EPS becomes a reality. After $1.37 actual EPS reported by Ecolab Inc. for the previous quarter, Wall Street now forecasts 2.19% EPS growth.

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