As Martin Marietta Matls (MLM) Stock Value Rose, Renaissance Investment Group Upped by $422,918 Its Stake; Citigroup Cut Its Position in Autohome (ATHM) by $310,694

February 20, 2018 - By Peter Erickson

Citigroup Inc decreased its stake in Autohome Inc (ATHM) by 79.79% based on its latest 2017Q3 regulatory filing with the SEC. Citigroup Inc sold 5,266 shares as the company’s stock rose 29.96% with the market. The institutional investor held 1,334 shares of the edp services company at the end of 2017Q3, valued at $80,000, down from 6,600 at the end of the previous reported quarter. Citigroup Inc who had been investing in Autohome Inc for a number of months, seems to be less bullish one the $9.79B market cap company. The stock increased 2.24% or $1.85 during the last trading session, reaching $84.44. About 188,323 shares traded. Autohome Inc. (NYSE:ATHM) has risen 72.98% since February 20, 2017 and is uptrending. It has outperformed by 56.28% the S&P500.

Renaissance Investment Group Llc increased its stake in Martin Marietta Matls (MLM) by 19.04% based on its latest 2017Q3 regulatory filing with the SEC. Renaissance Investment Group Llc bought 2,053 shares as the company’s stock rose 4.98% with the market. The institutional investor held 12,833 shares of the basic industries company at the end of 2017Q3, valued at $2.65M, up from 10,780 at the end of the previous reported quarter. Renaissance Investment Group Llc who had been investing in Martin Marietta Matls for a number of months, seems to be bullish on the $13.50 billion market cap company. The stock decreased 0.66% or $1.42 during the last trading session, reaching $214.83. About 239,999 shares traded. Martin Marietta Materials, Inc. (NYSE:MLM) has risen 23.49% since February 20, 2017 and is uptrending. It has outperformed by 6.79% the S&P500.




Among 13 analysts covering Martin Marietta (NYSE:MLM), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Martin Marietta had 30 analyst reports since August 5, 2015 according to SRatingsIntel. Cleveland upgraded the shares of MLM in report on Monday, April 3 to “Buy” rating. The company was maintained on Monday, October 9 by Citigroup. The stock of Martin Marietta Materials, Inc. (NYSE:MLM) earned “Hold” rating by Barclays Capital on Tuesday, December 12. The rating was maintained by Jefferies on Wednesday, January 17 with “Buy”. The firm has “Buy” rating given on Wednesday, October 11 by Jefferies. The company was maintained on Thursday, August 6 by Bank of America. The firm has “Buy” rating by Jefferies given on Tuesday, February 13. The stock of Martin Marietta Materials, Inc. (NYSE:MLM) has “Hold” rating given on Wednesday, January 3 by Stephens. The stock of Martin Marietta Materials, Inc. (NYSE:MLM) has “Buy” rating given on Wednesday, August 5 by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, March 29 by Citigroup.

Renaissance Investment Group Llc, which manages about $273.97 million and $238.59M US Long portfolio, decreased its stake in Automatic Data Proc (NASDAQ:ADP) by 19,557 shares to 39,948 shares, valued at $4.37 million in 2017Q3, according to the filing.

Since February 14, 2018, it had 0 insider purchases, and 1 insider sale for $642,000 activity.

Investors sentiment increased to 1.28 in 2017 Q3. Its up 0.30, from 0.98 in 2017Q2. It increased, as 40 investors sold MLM shares while 130 reduced holdings. 53 funds opened positions while 165 raised stakes. 59.73 million shares or 1.72% more from 58.73 million shares in 2017Q2 were reported. Gp One Trading Limited Partnership invested 0% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM). Fayez Sarofim Comm holds 0% in Martin Marietta Materials, Inc. (NYSE:MLM) or 1,612 shares. Highlander Management Limited Co accumulated 600 shares or 0.1% of the stock. Bokf Na owns 2,257 shares. Advisor Prtnrs Limited Liability Company reported 0.06% in Martin Marietta Materials, Inc. (NYSE:MLM). Moreover, Alps Advisors has 0% invested in Martin Marietta Materials, Inc. (NYSE:MLM) for 2,294 shares. Fifth Third National Bank holds 0% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM) for 38 shares. Tributary Cap Management Limited Liability Com stated it has 0.17% in Martin Marietta Materials, Inc. (NYSE:MLM). Aviva Public Lc has invested 0.04% in Martin Marietta Materials, Inc. (NYSE:MLM). Glg Limited Liability Company holds 29,621 shares or 0.4% of its portfolio. Northwestern Mutual Wealth Mngmt reported 0% in Martin Marietta Materials, Inc. (NYSE:MLM). Andra Ap, a Alabama-based fund reported 1,300 shares. Clearbridge Investments invested 0.11% of its portfolio in Martin Marietta Materials, Inc. (NYSE:MLM). Boys Arnold Inc holds 3,140 shares or 0.1% of its portfolio. Mason Street Advsr Limited Company owns 8,723 shares or 0.04% of their US portfolio.

Analysts await Autohome Inc. (NYSE:ATHM) to report earnings on March, 1. They expect $0.75 EPS, up 59.57% or $0.28 from last year’s $0.47 per share. ATHM’s profit will be $86.91 million for 28.15 P/E if the $0.75 EPS becomes a reality. After $0.54 actual EPS reported by Autohome Inc. for the previous quarter, Wall Street now forecasts 38.89% EPS growth.

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