As Wabco Hldgs (WBC) Stock Value Declined, Renaissance Technologies Has Lowered Stake by $28.32 Million; Home Depot (HD) Stock Price Declined While Hm Payson & Company Raised Position

June 14, 2018 - By Peter Erickson

WABCO Holdings Inc. (NYSE:WBC) Logo

Jim Simons decreased its stake in Wabco Hldgs Inc (WBC) by 56.83% based on its latest 2018Q1 regulatory filing with the SEC. Renaissance Technologies Llc sold 212,904 shares as the company’s stock declined 10.72% with the market. The hedge fund run by Jim Simons held 161,700 shares of the auto manufacturing company at the end of 2018Q1, valued at $21.65 million, down from 374,604 at the end of the previous reported quarter. Renaissance Technologies Llc who had been investing in Wabco Hldgs Inc for a number of months, seems to be less bullish one the $6.64B market cap company. The stock increased 0.04% or $0.04 during the last trading session, reaching $123.96. About 8,546 shares traded. WABCO Holdings Inc. (NYSE:WBC) has risen 5.13% since June 14, 2017 and is uptrending. It has underperformed by 7.44% the S&P500. Some Historical WBC News: 12/04/2018 – WABCO REAFFIRMS SALES GROWTH VIEW OUTPERFORMING IN LONG TERM; 09/03/2018 – WABCO HOLDINGS INC SAYS HAS APPOINTED ROBERTO FIORONI TO ROLE OF CHIEF FINANCIAL OFFICER (CFO) STARTING BY JUNE 6, 2018; 09/03/2018 – WABCO HOLDINGS SAYS FIORONI WILL REPLACE ALEXANDER DE BOCK – SEC FILING; 25/05/2018 – Wabco Presenting at KeyCorp Conference May 31; 09/03/2018 – WABCO HOLDINGS INC – APPOINTMENT OF ROBERTO FIORONI TO POSITION OF CFO, COMMENCING NO LATER THAN JUNE 6, 2018 – SEC FILING; 03/05/2018 – WABCO Extends Long-Term Agreement For $100M; 12/04/2018 – WABCO HOLDINGS – NEW AWARDS SPECIFY $502 MLN IN NEW BUSINESS EARMARKED FROM 2018 THROUGH TO 2022 INCLUSIVELY; 03/05/2018 – WABCO HOLDINGS INC – AGREEMENT IS VALUED AT ALMOST $100 MLN; 12/04/2018 – WABCO Wins $745 Million in New Business in Past Four Quarters, Comprising $502 Million Through 2022 Inclusively; Reaffirms Sale; 19/04/2018 – WABCO HOLDINGS INC WBC.N FY2018 SHR VIEW $7.64, REV VIEW $3.92 BLN — THOMSON REUTERS l/B/E/S




Hm Payson & Company increased its stake in Home Depot Inc (HD) by 6.95% based on its latest 2018Q1 regulatory filing with the SEC. Hm Payson & Company bought 10,097 shares as the company’s stock declined 0.85% with the market. The institutional investor held 155,291 shares of the consumer services company at the end of 2018Q1, valued at $27.68M, up from 145,194 at the end of the previous reported quarter. Hm Payson & Company who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $230.90B market cap company. The stock decreased 0.07% or $0.14 during the last trading session, reaching $200.17. About 313,011 shares traded. The Home Depot, Inc. (NYSE:HD) has risen 19.42% since June 14, 2017 and is uptrending. It has outperformed by 6.85% the S&P500. Some Historical HD News: 15/05/2018 – HOME DEPOT INC – ADOPTION OF ACCOUNTING STANDARD WILL NOT MATERIALLY IMPACT CO’S CONSOLIDATED FINANCIAL STATEMENTS OR RELATED DISCLOSURES; 24/04/2018 – KPRC 2 Houston: #BREAKING: 2 Dallas police officers critically injured in shooting outside Home Depot store; 11/05/2018 – Traders await headlines on NAFTA talks ahead of House Speaker Paul Ryan’s May 17 deadline. Walmart, Macy’s and Home Depot report earnings, and April retail sales data is reported Tuesday; 19/04/2018 – PPG and The Home Depot Expand Partnership with Launch of OLYMPIC Stain Products; 24/04/2018 – HD: #Breaking Dallas Police are responding to the Forest Lane and N. Central Expressway area after reports of a shooting involving 1 or more officers – ! $HD; 25/04/2018 – WKBT News 8: BREAKING: A Dallas police officer died today after a Home Depot shooting yesterday; 17/05/2018 – Rust-Oleum launches Varathane Classic interior wood care products exclusively at The Home Depot; 25/04/2018 – WSVN 7 News: #BREAKING: Dallas mayor says a police officer has died a day after being shot at a Home Depot store; 15/05/2018 – ♫ Reuters Insider – Home Depot’s rare sales miss; 19/04/2018 – Home Depot Plans Biggest Tech Hiring Push in Its History, Led By CIO

More news for WABCO Holdings Inc. (NYSE:WBC) were recently published by: Seekingalpha.com, which released: “WABCO launches TRAXEE fleet management system” on June 04, 2018. Globenewswire.com‘s article titled: “WABCO’s Q2 2018 Earnings Conference Call Set for July 19” and published on June 14, 2018 is yet another important article.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.35, from 1.24 in 2017Q4. It turned negative, as 35 investors sold WBC shares while 117 reduced holdings. 37 funds opened positions while 98 raised stakes. 49.92 million shares or 1.08% less from 50.47 million shares in 2017Q4 were reported. National Bank Of New York Mellon holds 0.01% or 280,989 shares. First Quadrant LP Ca has invested 0.23% in WABCO Holdings Inc. (NYSE:WBC). Kirr Marbach And Co Ltd Liability In has 106,708 shares. Utah Retirement Sys accumulated 9,366 shares. Meeder Asset Management Inc holds 0% or 159 shares in its portfolio. Signaturefd Ltd Company owns 9 shares. Ww Asset Mngmt owns 2,022 shares. Sumitomo Mitsui Asset Ltd holds 0.01% of its portfolio in WABCO Holdings Inc. (NYSE:WBC) for 3,060 shares. Voya Mngmt Ltd Liability Corporation owns 0.12% invested in WABCO Holdings Inc. (NYSE:WBC) for 432,723 shares. Great West Life Assurance Can holds 16,571 shares. State Of Wisconsin Invest Board, Wisconsin-based fund reported 114,031 shares. Cornerstone Advisors Inc accumulated 0.02% or 224 shares. Franklin Res reported 271,945 shares stake. Geode Limited reported 471,132 shares stake. Numerixs Tech Inc has 0.05% invested in WABCO Holdings Inc. (NYSE:WBC).

Since March 1, 2018, it had 0 insider purchases, and 2 insider sales for $254,248 activity. Bardot Nicolas also sold $114,158 worth of WABCO Holdings Inc. (NYSE:WBC) on Thursday, March 1.

Among 21 analysts covering WABCO Holdings (NYSE:WBC), 14 have Buy rating, 1 Sell and 6 Hold. Therefore 67% are positive. WABCO Holdings had 69 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of WABCO Holdings Inc. (NYSE:WBC) earned “Buy” rating by Berenberg on Monday, September 25. The stock of WABCO Holdings Inc. (NYSE:WBC) earned “Overweight” rating by PiperJaffray on Thursday, February 2. The firm earned “Buy” rating on Wednesday, August 23 by Piper Jaffray. The firm has “Buy” rating by Stifel Nicolaus given on Monday, February 5. BMO Capital Markets maintained WABCO Holdings Inc. (NYSE:WBC) rating on Friday, February 23. BMO Capital Markets has “Market Perform” rating and $150 target. Stifel Nicolaus maintained it with “Buy” rating and $150.0 target in Wednesday, August 23 report. The firm earned “Buy” rating on Thursday, October 19 by Piper Jaffray. The rating was maintained by KeyBanc Capital Markets on Thursday, October 19 with “Buy”. Seaport Global initiated WABCO Holdings Inc. (NYSE:WBC) rating on Thursday, April 6. Seaport Global has “Buy” rating and $135 target. The firm has “Hold” rating given on Friday, July 21 by BMO Capital Markets.

Analysts await WABCO Holdings Inc. (NYSE:WBC) to report earnings on July, 19. They expect $1.90 EPS, up 12.43% or $0.21 from last year’s $1.69 per share. WBC’s profit will be $101.84 million for 16.31 P/E if the $1.90 EPS becomes a reality. After $1.97 actual EPS reported by WABCO Holdings Inc. for the previous quarter, Wall Street now forecasts -3.55% negative EPS growth.

Renaissance Technologies Llc, which manages about $63.99 billion and $91.44 billion US Long portfolio, upped its stake in National Health Invs Inc (NYSE:NHI) by 86,300 shares to 558,000 shares, valued at $37.55M in 2018Q1, according to the filing. It also increased its holding in Silicom Ltd (NASDAQ:SILC) by 8,983 shares in the quarter, for a total of 44,413 shares, and has risen its stake in Bio Techne Corp (NASDAQ:TECH).

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.06, from 0.93 in 2017Q4. It turned negative, as 72 investors sold HD shares while 666 reduced holdings. 116 funds opened positions while 523 raised stakes. 772.16 million shares or 2.08% less from 788.59 million shares in 2017Q4 were reported. Inspirion Wealth Limited Company owns 1,475 shares. 159,474 are held by Westpac Corporation. Amp Cap Investors Limited owns 0.74% invested in The Home Depot, Inc. (NYSE:HD) for 750,733 shares. Essex Fincl Ser has 1.14% invested in The Home Depot, Inc. (NYSE:HD) for 32,493 shares. Barclays Public Ltd Com accumulated 2.13 million shares. Harvest Capital Inc invested in 0.14% or 1,965 shares. Dt Inv Partners Ltd Liability reported 3,393 shares. Dupont Capital has invested 0.8% in The Home Depot, Inc. (NYSE:HD). Golub Gp Inc Ltd Liability invested 0.02% of its portfolio in The Home Depot, Inc. (NYSE:HD). Wills Financial Group Inc Inc holds 1,878 shares. The Ontario – Canada-based Agf Investments Inc has invested 0.17% in The Home Depot, Inc. (NYSE:HD). Moreover, Menta Capital Ltd Co has 0.23% invested in The Home Depot, Inc. (NYSE:HD) for 6,020 shares. Lombard Odier Asset (Switzerland) Sa invested in 82,828 shares. Pension Serv holds 990,415 shares. 95,964 are held by Northwestern Mutual Wealth Mngmt Company.

Among 36 analysts covering The Home Depot Inc. (NYSE:HD), 25 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. The Home Depot Inc. had 120 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, January 24. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Monday, July 24 by RBC Capital Markets. Morgan Stanley maintained it with “Buy” rating and $210.0 target in Wednesday, March 21 report. As per Wednesday, November 18, the company rating was maintained by Argus Research. Vetr downgraded the shares of HD in report on Saturday, August 29 to “Buy” rating. As per Wednesday, August 16, the company rating was maintained by Barclays Capital. On Friday, September 8 the stock rating was maintained by Robert W. Baird with “Buy”. As per Tuesday, August 15, the company rating was maintained by Oppenheimer. The company was maintained on Friday, July 21 by Jefferies. On Monday, September 18 the stock rating was maintained by RBC Capital Markets with “Buy”.

Since February 21, 2018, it had 3 insider buys, and 7 sales for $46.42 million activity. Shares for $7.02 million were sold by Campbell Ann Marie. Another trade for 9,000 shares valued at $1.68 million was made by Lennie William G. on Thursday, May 17. $6.18 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Decker Edward P.. CODINA ARMANDO M also bought $1.19M worth of The Home Depot, Inc. (NYSE:HD) on Friday, March 2. $187,570 worth of The Home Depot, Inc. (NYSE:HD) shares were bought by Linnartz Stephanie. HOLIFIELD MARK sold $8.51 million worth of The Home Depot, Inc. (NYSE:HD) on Wednesday, May 16.

Hm Payson & Company, which manages about $2.21 billion and $2.42 billion US Long portfolio, decreased its stake in American Express Co (NYSE:AXP) by 6,841 shares to 118,746 shares, valued at $11.08 million in 2018Q1, according to the filing. It also reduced its holding in Walmart Inc (NYSE:WMT) by 28,193 shares in the quarter, leaving it with 143,439 shares, and cut its stake in Vf Corporation (NYSE:VFC).

WABCO Holdings Inc. (NYSE:WBC) Institutional Positions Chart

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