Westchester Capital Management Boosted Waste Management (WM) Stake by $385,367 as Stock Price Declined; As Haemonetics (HAE) Market Value Rose, American Capital Management Decreased by $3.70 Million Its Stake

November 15, 2017 - By Migdalia James

Westchester Capital Management Inc increased its stake in Waste Management Inc. (WM) by 5.29% based on its latest 2017Q2 regulatory filing with the SEC. Westchester Capital Management Inc bought 5,279 shares as the company’s stock declined 2.69% while stock markets rallied. The institutional investor held 104,981 shares of the public utilities company at the end of 2017Q2, valued at $7.70 million, up from 99,702 at the end of the previous reported quarter. Westchester Capital Management Inc who had been investing in Waste Management Inc. for a number of months, seems to be bullish on the $35.60 billion market cap company. The stock declined 0.47% or $0.39 reaching $81.99 on the news. About 65,553 shares traded. Waste Management, Inc. (NYSE:WM) has risen 16.03% since November 15, 2016 and is uptrending. It has underperformed by 0.67% the S&P500.




American Capital Management Inc decreased its stake in Haemonetics (HAE) by 17.76% based on its latest 2017Q2 regulatory filing with the SEC. American Capital Management Inc sold 94,800 shares as the company’s stock rose 6.04% with the market. The institutional investor held 438,996 shares of the medical and dental instruments company at the end of 2017Q2, valued at $17.34M, down from 533,796 at the end of the previous reported quarter. American Capital Management Inc who had been investing in Haemonetics for a number of months, seems to be less bullish one the $2.91B market cap company. The stock rose 1.30% or $0.71 reaching $55.17. About 10,247 shares traded. Haemonetics Corporation (NYSE:HAE) has risen 45.56% since November 15, 2016 and is uptrending. It has outperformed by 28.86% the S&P500.

Investors sentiment increased to 1.7 in 2017 Q2. Its up 0.41, from 1.29 in 2017Q1. It improved, as 18 investors sold HAE shares while 46 reduced holdings. 37 funds opened positions while 72 raised stakes. 53.69 million shares or 0.37% more from 53.50 million shares in 2017Q1 were reported. Ubs Asset Mngmt Americas invested in 28,153 shares. Manufacturers Life Insur The reported 39,906 shares or 0% of all its holdings. Texas Permanent School Fund owns 38,304 shares. Bnp Paribas Asset Mngmt owns 59,700 shares or 0.02% of their US portfolio. Royal Bancorporation Of Canada owns 699,408 shares for 0.01% of their portfolio. D E Shaw & invested in 91,252 shares or 0.01% of the stock. American Intl Gp holds 39,254 shares. Neuberger Berman Group Inc Ltd Llc has invested 0.09% in Haemonetics Corporation (NYSE:HAE). Wellington Management Ltd Liability Partnership, a Massachusetts-based fund reported 4.30 million shares. Vanguard Inc accumulated 4.74M shares. Ahl Partners Llp, United Kingdom-based fund reported 176,719 shares. Keybank Association Oh has invested 0.01% of its portfolio in Haemonetics Corporation (NYSE:HAE). North Star Asset Mngmt Incorporated has invested 0.09% in Haemonetics Corporation (NYSE:HAE). Connor Clark & Lunn Invest Management Ltd reported 5,225 shares. California Employees Retirement has 0.01% invested in Haemonetics Corporation (NYSE:HAE).

American Capital Management Inc, which manages about $1.56 billion US Long portfolio, upped its stake in Verint Systems (NASDAQ:VRNT) by 210,680 shares to 968,495 shares, valued at $39.42M in 2017Q2, according to the filing. It also increased its holding in Aerovironment (NASDAQ:AVAV) by 134,555 shares in the quarter, for a total of 1.31 million shares, and has risen its stake in Costar Group (NASDAQ:CSGP).

Among 10 analysts covering Haemonetics Corporation (NYSE:HAE), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Haemonetics Corporation had 21 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Haemonetics Corporation (NYSE:HAE) has “Mkt Perform” rating given on Tuesday, February 7 by Barrington Research. The rating was maintained by Morgan Stanley on Friday, October 6 with “Equal-Weight”. The stock of Haemonetics Corporation (NYSE:HAE) earned “Outperform” rating by Barrington Research on Tuesday, November 8. As per Monday, May 16, the company rating was upgraded by Goldman Sachs. The stock of Haemonetics Corporation (NYSE:HAE) earned “Outperform” rating by Barrington Research on Tuesday, July 28. The firm earned “Neutral” rating on Monday, August 15 by Sidoti. The stock of Haemonetics Corporation (NYSE:HAE) has “Buy” rating given on Tuesday, August 2 by Jefferies. The firm has “Underperform” rating given on Monday, November 23 by Raymond James. Barrington Research upgraded Haemonetics Corporation (NYSE:HAE) on Tuesday, August 8 to “Outperform” rating. The firm earned “Hold” rating on Monday, November 7 by Benchmark.

Analysts await Haemonetics Corporation (NYSE:HAE) to report earnings on February, 5. They expect $0.44 EPS, up 2.33% or $0.01 from last year’s $0.43 per share. HAE’s profit will be $23.21M for 31.35 P/E if the $0.44 EPS becomes a reality. After $0.48 actual EPS reported by Haemonetics Corporation for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.

Since May 22, 2017, it had 0 insider buys, and 2 insider sales for $1.03 million activity.

More recent Haemonetics Corporation (NYSE:HAE) news were published by: Nasdaq.com which released: “Haemonetics (HAE) Q2 Earnings Beat Estimates, EPS View Up” on November 08, 2017. Also Nasdaq.com published the news titled: “Haemonetics (HAE) Grows on Strong Plasma, Competition Rife” on November 15, 2017. Prnewswire.com‘s news article titled: “Robert E. Abernathy Joins Haemonetics Board of Directors” with publication date: October 18, 2017 was also an interesting one.

More notable recent Waste Management, Inc. (NYSE:WM) news were published by: Nasdaq.com which released: “Waste Management Inc Earnings Rise 6% In Q3” on October 26, 2017, also Seekingalpha.com with their article: “Don’t Waste Your Money On Waste Management” published on November 11, 2017, Businesswire.com published: “Waste Management Announces Pricing of $750 Million Senior Notes” on October 30, 2017. More interesting news about Waste Management, Inc. (NYSE:WM) were released by: Seekingalpha.com and their article: “Waste Management Inc. Should Be In Your Dividend Portfolio” published on October 25, 2017 as well as Businesswire.com‘s news article titled: “Waste Management Announces Cash Dividend” with publication date: November 06, 2017.

Among 14 analysts covering Waste Management Inc. (NYSE:WM), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. Waste Management Inc. had 37 analyst reports since July 28, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Waste Management, Inc. (NYSE:WM) on Friday, October 13 with “Overweight” rating. The rating was maintained by Imperial Capital with “In-Line” on Friday, April 29. The rating was initiated by Bank of America on Monday, April 25 with “Neutral”. The firm has “Buy” rating given on Monday, October 31 by Bank of America. Oppenheimer maintained the stock with “Buy” rating in Wednesday, July 26 report. The firm has “Buy” rating given on Thursday, October 26 by KeyBanc Capital Markets. As per Friday, September 8, the company rating was maintained by BMO Capital Markets. On Thursday, December 17 the stock rating was initiated by JP Morgan with “Neutral”. Argus Research upgraded the stock to “Buy” rating in Tuesday, July 28 report. The firm earned “Equal-Weight” rating on Wednesday, March 1 by Barclays Capital.

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