TE Connectivity Ltd. (TEL) Reaches $100.17 High on Jan, 14; Jacobs Asset Management Has Decreased Its Heritage Finl Wash (HFWA) Stake

January 14, 2018 - By Vivian Currie

Jacobs Asset Management Llc decreased Heritage Finl Corp Wash (HFWA) stake by 23.33% reported in 2017Q3 SEC filing. Jacobs Asset Management Llc sold 66,944 shares as Heritage Finl Corp Wash (HFWA)’s stock declined 5.54%. The Jacobs Asset Management Llc holds 220,000 shares with $6.49M value, down from 286,944 last quarter. Heritage Finl Corp Wash now has $947.18M valuation. The stock increased 0.32% or $0.1 during the last trading session, reaching $31.8. About 115,658 shares traded. Heritage Financial Corporation (NASDAQ:HFWA) has risen 35.92% since January 14, 2017 and is uptrending. It has outperformed by 19.22% the S&P500.

The stock of TE Connectivity Ltd. (NYSE:TEL) reached all time high today, Jan, 14 and still has $104.18 target or 4.00% above today’s $100.17 share price. This indicates more upside for the $35.22 billion company. This technical setup was reported by Barchart.com. If the $104.18 PT is reached, the company will be worth $1.41B more. The stock increased 0.92% or $0.91 during the last trading session, reaching $100.17. About 1.50 million shares traded or 0.80% up from the average. TE Connectivity Ltd. (NYSE:TEL) has risen 29.30% since January 14, 2017 and is uptrending. It has outperformed by 12.60% the S&P500.




Jacobs Asset Management Llc increased Popular Inc (NASDAQ:BPOP) stake by 85,305 shares to 528,360 valued at $18.99 million in 2017Q3. It also upped Tcf Finl Corp (NYSE:TCB) stake by 412,500 shares and now owns 750,000 shares. First Bancorp P R (NYSE:FBP) was raised too.

Since August 18, 2017, it had 0 insider buys, and 2 sales for $352,162 activity. The insider Banner Lisa sold 527 shares worth $13,802. $338,360 worth of stock was sold by PICKERING ANTHONY on Monday, October 30.

Among 4 analysts covering Heritage Financial (NASDAQ:HFWA), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Heritage Financial had 9 analyst reports since September 28, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, November 7 by DA Davidson. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The company was initiated on Monday, September 28 by Piper Jaffray. As per Friday, October 23, the company rating was downgraded by Keefe Bruyette & Woods. The company was maintained on Monday, July 10 by Piper Jaffray. As per Thursday, June 1, the company rating was maintained by Keefe Bruyette & Woods. Piper Jaffray maintained Heritage Financial Corporation (NASDAQ:HFWA) rating on Monday, August 14. Piper Jaffray has “Hold” rating and $2900 target. The stock of Heritage Financial Corporation (NASDAQ:HFWA) has “Mkt Perform” rating given on Monday, October 5 by Raymond James. The rating was maintained by Piper Jaffray with “Hold” on Thursday, October 5.

Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.23, from 1.09 in 2017Q2. It improved, as 10 investors sold HFWA shares while 40 reduced holdings. 16 funds opened positions while 50 raised stakes. 22.94 million shares or 3.14% more from 22.24 million shares in 2017Q2 were reported. Us Natl Bank De stated it has 284 shares. Morgan Stanley owns 107,595 shares. Stieven Cap Advsrs Lp reported 426,456 shares. Mutual Of America Cap Management Lc accumulated 0.07% or 142,845 shares. 970,313 were reported by Goldman Sachs Gp Inc. Indexiq Advisors Ltd Liability Corp has invested 0.04% in Heritage Financial Corporation (NASDAQ:HFWA). Banc Funds Ltd Company holds 0.03% or 25,637 shares. Dimensional Fund Advsrs Lp has 0.02% invested in Heritage Financial Corporation (NASDAQ:HFWA). Chicago Equity Partners Ltd, a Illinois-based fund reported 65,490 shares. Loomis Sayles & Lp has 0% invested in Heritage Financial Corporation (NASDAQ:HFWA). Royal Bancorp Of Canada has invested 0% of its portfolio in Heritage Financial Corporation (NASDAQ:HFWA). Brandywine Glob Investment Mgmt Lc stated it has 13,281 shares. Pacific Ridge Prtnrs Limited Co has 29,039 shares for 0.24% of their portfolio. Deutsche Bancorporation Ag accumulated 67,625 shares. 116,700 are held by Renaissance Techs Lc.

Analysts await Heritage Financial Corporation (NASDAQ:HFWA) to report earnings on January, 25. They expect $0.36 earnings per share, up 9.09% or $0.03 from last year’s $0.33 per share. HFWA’s profit will be $10.72M for 22.08 P/E if the $0.36 EPS becomes a reality. After $0.35 actual earnings per share reported by Heritage Financial Corporation for the previous quarter, Wall Street now forecasts 2.86% EPS growth.

Investors sentiment increased to 1 in 2017 Q3. Its up 0.03, from 0.97 in 2017Q2. It is positive, as 26 investors sold TE Connectivity Ltd. shares while 200 reduced holdings. 61 funds opened positions while 164 raised stakes. 311.89 million shares or 0.86% more from 309.23 million shares in 2017Q2 were reported. Moreover, Gotham Asset Lc has 0.21% invested in TE Connectivity Ltd. (NYSE:TEL). Nomura Asset Mgmt Ltd holds 456,944 shares. Fmr owns 5.23M shares. Vigilant Cap Mngmt Lc invested in 1.71% or 138,478 shares. Moors & Cabot accumulated 0.03% or 2,643 shares. Td Asset Mngmt holds 138,964 shares. Arizona State Retirement Sys holds 125,368 shares. Ahl Llp owns 61,266 shares or 0.09% of their US portfolio. Amica Mutual Ins holds 0.2% or 26,402 shares in its portfolio. Ckw Group Inc has invested 0.02% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Cue Gp has invested 0.45% in TE Connectivity Ltd. (NYSE:TEL). Moreover, Ing Groep Nv has 0.04% invested in TE Connectivity Ltd. (NYSE:TEL) for 22,072 shares. Scotia Capital Incorporated accumulated 44,594 shares or 0.05% of the stock. California State Teachers Retirement System invested in 0% or 23,012 shares. Canada Pension Plan Investment Board stated it has 34,826 shares or 0.01% of all its holdings.

Among 12 analysts covering TE Connectivity (NYSE:TEL), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. TE Connectivity has $110.0 highest and $63 lowest target. $95.30’s average target is -4.86% below currents $100.17 stock price. TE Connectivity had 35 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Thursday, December 14 with “Buy”. The stock has “Outperform” rating by RBC Capital Markets on Monday, January 18. The rating was maintained by Cowen & Co on Wednesday, August 9 with “Buy”. RBC Capital Markets maintained TE Connectivity Ltd. (NYSE:TEL) rating on Friday, September 25. RBC Capital Markets has “Outperform” rating and $73 target. As per Wednesday, January 4, the company rating was downgraded by Goldman Sachs. The rating was initiated by Wells Fargo on Friday, November 10 with “Outperform”. The rating was maintained by RBC Capital Markets on Wednesday, January 3 with “Buy”. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Buy” rating given on Thursday, July 23 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets on Tuesday, June 27 with “Outperform”. The firm has “Buy” rating given on Thursday, January 12 by Longbow.

Analysts await TE Connectivity Ltd. (NYSE:TEL) to report earnings on January, 24. They expect $1.25 EPS, up 8.70% or $0.10 from last year’s $1.15 per share. TEL’s profit will be $439.54 million for 20.03 P/E if the $1.25 EPS becomes a reality. After $1.25 actual EPS reported by TE Connectivity Ltd. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

TE Connectivity Ltd., together with its subsidiaries, engages in the design, manufacture, and sale of connectivity and sensors solutions in the Americas, Europe, the Middle East, Africa, and the Asia–Pacific. The company has market cap of $35.22 billion. The firm operates through three divisions: Transportation Solutions, Industrial Solutions, and Communications Solutions. It has a 21.32 P/E ratio. The Transportation Solutions segment primarily provides terminals and connector systems and components, sensors, and relays, as well as application tooling and wires, and heat shrink tubing for use in the automotive, commercial transportation, and sensor markets.

Since August 1, 2017, it had 0 insider purchases, and 7 selling transactions for $55.78 million activity. Donahue Joseph B also sold $4.21M worth of TE Connectivity Ltd. (NYSE:TEL) shares. The insider CALASTRI MARIO sold $481,357. MERKT STEVEN T sold 126,190 shares worth $10.11M. LYNCH THOMAS J sold $14.75M worth of TE Connectivity Ltd. (NYSE:TEL) on Friday, September 1.

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