Amica Retiree Medical Trust Lowered Position in Public Storage (PSA) by $345,072; Perkinelmer (PKI) Stock Value Rose While Elk Creek Partners Lifted Its Holding

April 26, 2018 - By Matt Maslow

PerkinElmer, Inc. (NYSE:PKI) Logo

Elk Creek Partners Llc increased its stake in Perkinelmer Inc (PKI) by 11.65% based on its latest 2017Q4 regulatory filing with the SEC. Elk Creek Partners Llc bought 8,409 shares as the company’s stock rose 3.38% while stock markets declined. The institutional investor held 80,583 shares of the capital goods company at the end of 2017Q4, valued at $5.89M, up from 72,174 at the end of the previous reported quarter. Elk Creek Partners Llc who had been investing in Perkinelmer Inc for a number of months, seems to be bullish on the $8.10B market cap company. The stock increased 0.08% or $0.06 during the last trading session, reaching $73.3. About 27,944 shares traded. PerkinElmer, Inc. (NYSE:PKI) has risen 30.14% since April 26, 2017 and is uptrending. It has outperformed by 18.59% the S&P500.

Amica Retiree Medical Trust decreased its stake in Public Storage (PSA) by 67.33% based on its latest 2017Q4 regulatory filing with the SEC. Amica Retiree Medical Trust sold 1,659 shares as the company’s stock declined 3.82% with the market. The institutional investor held 805 shares of the real estate investment trusts company at the end of 2017Q4, valued at $168,000, down from 2,464 at the end of the previous reported quarter. Amica Retiree Medical Trust who had been investing in Public Storage for a number of months, seems to be less bullish one the $34.69B market cap company. The stock increased 2.73% or $5.29 during the last trading session, reaching $199. About 384,319 shares traded. Public Storage (NYSE:PSA) has declined 10.33% since April 26, 2017 and is downtrending. It has underperformed by 21.88% the S&P500.

Elk Creek Partners Llc, which manages about $800.79M and $1.70 billion US Long portfolio, decreased its stake in Green Dot Corp (NYSE:GDOT) by 19,522 shares to 250,796 shares, valued at $15.11M in 2017Q4, according to the filing. It also reduced its holding in Broadsoft Inc (NASDAQ:BSFT) by 172,235 shares in the quarter, leaving it with 158,717 shares, and cut its stake in Icu Med Inc (NASDAQ:ICUI).

Investors sentiment increased to 1.34 in Q4 2017. Its up 0.03, from 1.31 in 2017Q3. It increased, as 24 investors sold PKI shares while 101 reduced holdings. 60 funds opened positions while 107 raised stakes. 99.84 million shares or 0.46% more from 99.38 million shares in 2017Q3 were reported. Moreover, Wells Fargo And Mn has 0.01% invested in PerkinElmer, Inc. (NYSE:PKI) for 421,093 shares. Bnp Paribas Arbitrage has 0% invested in PerkinElmer, Inc. (NYSE:PKI) for 24,983 shares. Westwood Holding Gp has invested 0.46% in PerkinElmer, Inc. (NYSE:PKI). Pub Sector Pension Board has 5,903 shares. Liberty Mutual Asset Mgmt has invested 0.01% in PerkinElmer, Inc. (NYSE:PKI). Seaward Limited Partnership holds 0.01% or 2,935 shares in its portfolio. Profund Advisors Ltd, Maryland-based fund reported 3,693 shares. Cap Counsel Ltd Co invested in 0.03% or 4,800 shares. Us Retail Bank De invested 0% of its portfolio in PerkinElmer, Inc. (NYSE:PKI). 470 were reported by Smithfield Trust. Adirondack Trust, New York-based fund reported 190 shares. Daiwa Secs Group Inc Inc accumulated 0.06% or 116,621 shares. Icon Advisers Inc holds 104,672 shares. Grantham Mayo Van Otterloo Co Ltd holds 0% or 5,800 shares. Pnc Grp accumulated 28,373 shares.

Since December 15, 2017, it had 0 insider purchases, and 6 insider sales for $9.20 million activity. 2,412 shares were sold by MICHAS ALEXIS P, worth $186,568. Another trade for 1,156 shares valued at $89,012 was sold by Tereau Daniel R. $7.66M worth of PerkinElmer, Inc. (NYSE:PKI) was sold by Wilson Frank Anders.

Among 19 analysts covering PerkinElmer Inc (NYSE:PKI), 7 have Buy rating, 1 Sell and 11 Hold. Therefore 37% are positive. PerkinElmer Inc had 52 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was upgraded by Janney Capital to “Buy” on Monday, March 27. As per Wednesday, April 19, the company rating was downgraded by Cantor Fitzgerald. Maxim Group maintained the shares of PKI in report on Thursday, August 27 with “Buy” rating. Jefferies maintained PerkinElmer, Inc. (NYSE:PKI) rating on Friday, October 20. Jefferies has “Hold” rating and $70.0 target. The stock has “Hold” rating by Deutsche Bank on Thursday, January 7. The rating was maintained by Piper Jaffray with “Buy” on Friday, January 26. The firm has “Overweight” rating by Morgan Stanley given on Friday, November 3. Stifel Nicolaus maintained the shares of PKI in report on Friday, February 5 with “Buy” rating. The stock of PerkinElmer, Inc. (NYSE:PKI) has “Hold” rating given on Friday, January 26 by Cowen & Co. The rating was initiated by Goldman Sachs on Tuesday, September 26 with “Hold”.

Amica Retiree Medical Trust, which manages about $132.27 million US Long portfolio, upped its stake in Equinix Inc (NASDAQ:EQIX) by 984 shares to 1,405 shares, valued at $637,000 in 2017Q4, according to the filing.

Public Storage (NYSE:PSA) Institutional Positions Chart

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