As Sherwin (SHW) Market Value Rose, Laurel Grove Capital Raised Its Position by $563,850; Nike (NKE) Stake Held by Bank Of Nova Scotia Trust Company

February 15, 2018 - By Louis Casey

Laurel Grove Capital Llc increased its stake in Sherwin (SHW) by 17.03% based on its latest 2017Q3 regulatory filing with the SEC. Laurel Grove Capital Llc bought 1,575 shares as the company’s stock rose 6.75% with the market. The institutional investor held 10,825 shares of the building materials company at the end of 2017Q3, valued at $3.88 million, up from 9,250 at the end of the previous reported quarter. Laurel Grove Capital Llc who had been investing in Sherwin for a number of months, seems to be bullish on the $37.72 billion market cap company. The stock decreased 0.56% or $2.29 during the last trading session, reaching $403.38. About 259,687 shares traded. The Sherwin-Williams Company (NYSE:SHW) has risen 15.27% since February 15, 2017 and is uptrending. It has underperformed by 1.43% the S&P500.

Bank Of Nova Scotia Trust Company increased its stake in Nike Inc (NKE) by 38.24% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of Nova Scotia Trust Company bought 21,453 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 77,556 shares of the consumer non-durables company at the end of 2017Q3, valued at $4.02 million, up from 56,103 at the end of the previous reported quarter. Bank Of Nova Scotia Trust Company who had been investing in Nike Inc for a number of months, seems to be bullish on the $110.73 billion market cap company. The stock increased 0.15% or $0.1 during the last trading session, reaching $68.06. About 3.12 million shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since February 15, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.




Among 28 analysts covering Sherwin-Williams Company (NYSE:SHW), 21 have Buy rating, 0 Sell and 7 Hold. Therefore 75% are positive. Sherwin-Williams Company had 64 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $423 target in Wednesday, October 4 report. The firm earned “Buy” rating on Wednesday, October 25 by Citigroup. Susquehanna maintained the shares of SHW in report on Monday, February 12 with “Buy” rating. Longbow upgraded the shares of SHW in report on Wednesday, March 16 to “Buy” rating. The company was upgraded on Thursday, October 5 by Bank of America. The firm has “Buy” rating by Zelman given on Wednesday, October 18. The firm has “Market Perform” rating given on Wednesday, October 25 by Wells Fargo. The company was maintained on Wednesday, October 4 by Credit Suisse. The stock of The Sherwin-Williams Company (NYSE:SHW) has “Outperform” rating given on Friday, October 30 by RBC Capital Markets. The firm has “Buy” rating given on Monday, September 18 by RBC Capital Markets.

Laurel Grove Capital Llc, which manages about $236.05 million and $192.21 million US Long portfolio, decreased its stake in Lockheed Martin Corp (NYSE:LMT) by 1,198 shares to 24,934 shares, valued at $7.74 million in 2017Q3, according to the filing. It also reduced its holding in Wells Fargo & Co (NYSE:WFC) by 41,385 shares in the quarter, leaving it with 23,000 shares, and cut its stake in Facebook Inc (NASDAQ:FB).

Investors sentiment decreased to 1.21 in 2017 Q3. Its down 0.01, from 1.22 in 2017Q2. It dived, as 60 investors sold SHW shares while 210 reduced holdings. 80 funds opened positions while 247 raised stakes. 69.43 million shares or 2.00% more from 68.06 million shares in 2017Q2 were reported. Weatherly Asset Ltd Partnership accumulated 3,193 shares. Papp L Roy & Associates reported 5,250 shares stake. Willingdon Wealth Mngmt invested in 0.67% or 5,169 shares. 1,575 are held by East Coast Asset Mgmt Ltd Liability Corp. Arrow Fincl Corp reported 4,315 shares or 0.37% of all its holdings. Eagle Asset Management has 0.2% invested in The Sherwin-Williams Company (NYSE:SHW). Atria Ltd holds 5,794 shares. Reilly Fin Advsrs Ltd stated it has 8 shares. Sit Incorporated holds 0.44% or 49,860 shares in its portfolio. Los Angeles Mngmt And Equity Incorporated reported 85,902 shares stake. Switzerland-based Credit Suisse Ag has invested 0.06% in The Sherwin-Williams Company (NYSE:SHW). Caxton Assocs LP stated it has 0.02% of its portfolio in The Sherwin-Williams Company (NYSE:SHW). Fred Alger Mngmt reported 0.68% in The Sherwin-Williams Company (NYSE:SHW). Blackrock holds 5.54M shares or 0.1% of its portfolio. Livforsakringsbolaget Skandia Omsesidigt holds 1,548 shares.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 25 have Buy rating, 2 Sell and 17 Hold. Therefore 57% are positive. Nike Inc. had 220 analyst reports since July 29, 2015 according to SRatingsIntel. On Friday, July 21 the stock rating was maintained by Guggenheim with “Buy”. The rating was maintained by FBR Capital with “Mkt Perform” on Wednesday, September 28. As per Monday, March 21, the company rating was maintained by JP Morgan. As per Friday, September 25, the company rating was maintained by Deutsche Bank. The rating was maintained by DA Davidson with “Buy” on Wednesday, December 23. The firm has “Outperform” rating given on Thursday, June 22 by Telsey Advisory Group. The firm has “Hold” rating given on Friday, December 22 by Piper Jaffray. The company was initiated on Tuesday, October 25 by Oppenheimer. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, June 29. Credit Suisse maintained it with “Outperform” rating and $63 target in Wednesday, June 29 report.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.20, from 1 in 2017Q2. It worsened, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. New Hampshire-based Hemenway Tru Co Ltd Com has invested 0.05% in NIKE, Inc. (NYSE:NKE). Hanson & Doremus Investment holds 0.01% or 500 shares in its portfolio. Federated Invsts Pa holds 0% or 26,928 shares. Robecosam Ag holds 72,760 shares. Pinnacle Associate Limited reported 54,777 shares. Sand Hill Advsr Limited Liability Corporation accumulated 92,317 shares. Valicenti Advisory holds 73,780 shares. First National Bank Of Omaha has invested 0.38% of its portfolio in NIKE, Inc. (NYSE:NKE). Navellier Assocs Incorporated reported 14,400 shares or 0.15% of all its holdings. Moore Capital LP owns 25,000 shares or 0.03% of their US portfolio. Riverpark Capital Ltd Company stated it has 1.97% of its portfolio in NIKE, Inc. (NYSE:NKE). Moreover, Hudock Capital Gru Ltd has 0.01% invested in NIKE, Inc. (NYSE:NKE). Goldman Sachs Gp Incorporated stated it has 10.63 million shares or 0.13% of all its holdings. Gofen Glossberg Limited Liability Co Il owns 341,174 shares for 0.66% of their portfolio. Perkins Coie stated it has 0.04% in NIKE, Inc. (NYSE:NKE).

Since September 14, 2017, it had 0 buys, and 8 insider sales for $37.22 million activity. 74,278 shares were sold by Slusher John F, worth $4.75 million on Friday, January 5. PARKER MARK G sold $8.78M worth of stock. SPRUNK ERIC D had sold 100,000 shares worth $6.77M on Monday, January 29. $855,206 worth of NIKE, Inc. (NYSE:NKE) was sold by RODGERS JOHNATHAN A on Thursday, September 14. On Monday, December 11 Matheson Monique S. sold $620,000 worth of NIKE, Inc. (NYSE:NKE) or 10,000 shares.

Bank Of Nova Scotia Trust Company, which manages about $947.53M US Long portfolio, decreased its stake in Brookfield Ppty Partners LP (NYSE:BPY) by 23,475 shares to 298,357 shares, valued at $6.97M in 2017Q3, according to the filing. It also reduced its holding in Bank N S Halifax (NYSE:BNS) by 9,441 shares in the quarter, leaving it with 963,051 shares, and cut its stake in Cvs Health Corp (NYSE:CVS).

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