Jag Capital Management Upped Trimble (TRMB) Holding; Aqua America (WTR)’s Sentiment Is 1.1

December 7, 2017 - By Richard Conner

Jag Capital Management Llc increased Trimble Inc (TRMB) stake by 14.86% reported in 2017Q2 SEC filing. Jag Capital Management Llc acquired 54,549 shares as Trimble Inc (TRMB)’s stock rose 13.95%. The Jag Capital Management Llc holds 421,676 shares with $15.04 million value, up from 367,127 last quarter. Trimble Inc now has $10.25B valuation. The stock decreased 1.21% or $0.5 during the last trading session, reaching $40.73. About 1.06 million shares traded or 5.36% up from the average. Trimble Inc. (NASDAQ:TRMB) has risen 51.45% since December 7, 2016 and is uptrending. It has outperformed by 34.75% the S&P500.

Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. The company has market cap of $6.69 billion. It offers water and wastewater services through operating and maintenance contracts with municipal authorities and other parties. It has a 28.31 P/E ratio. The firm also provides water and wastewater line repair services, and protection solutions to households; and non-utility raw water supply services for firms in the natural gas drilling industry.

Analysts await Aqua America, Inc. (NYSE:WTR) to report earnings on February, 28. They expect $0.31 EPS, up 10.71% or $0.03 from last year’s $0.28 per share. WTR’s profit will be $55.09 million for 30.35 P/E if the $0.31 EPS becomes a reality. After $0.43 actual EPS reported by Aqua America, Inc. for the previous quarter, Wall Street now forecasts -27.91% negative EPS growth.

Ratings analysis reveals 0 of Aqua America’s analysts are positive. Out of 2 Wall Street analysts rating Aqua America, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $32.0 while the high is $34.0. The stock’s average target of $33 is -12.30% below today’s ($37.63) share price. WTR was included in 2 notes of analysts from September 6, 2016. Barclays Capital maintained Aqua America, Inc. (NYSE:WTR) on Tuesday, September 6 with “Equal Weight” rating. The stock has “Neutral” rating by Robert W. Baird on Friday, October 14.

Water Asset Management Llc holds 6.44% of its portfolio in Aqua America, Inc. for 451,647 shares. Wills Financial Group Inc. owns 187,099 shares or 4.62% of their US portfolio. Moreover, National Investment Services Inc Wi has 2.3% invested in the company for 65,733 shares. The United Kingdom-based Impax Asset Management Ltd has invested 2.2% in the stock. Bright Rock Capital Management Llc, a Massachusetts-based fund reported 209,500 shares.

The stock increased 0.61% or $0.23 during the last trading session, reaching $37.63. About 475,383 shares traded. Aqua America, Inc. (WTR) has risen 0.64% since December 7, 2016 and is uptrending. It has underperformed by 16.06% the S&P500.

Investors sentiment increased to 1.28 in Q2 2017. Its up 0.20, from 1.08 in 2017Q1. It is positive, as 25 investors sold TRMB shares while 115 reduced holdings. 51 funds opened positions while 128 raised stakes. 223.17 million shares or 0.94% less from 225.30 million shares in 2017Q1 were reported. 30,920 are owned by Nomura Asset Management Ltd. Envestnet Asset Management stated it has 0% in Trimble Inc. (NASDAQ:TRMB). Veritable Ltd Partnership stated it has 11,352 shares or 0.01% of all its holdings. Advsr Asset invested in 24,944 shares or 0.01% of the stock. Carroll Assocs holds 0% or 103 shares in its portfolio. Exane Derivatives invested in 0% or 408 shares. Wellington Mngmt Gru Limited Liability Partnership owns 10.98M shares or 0.09% of their US portfolio. Arrowstreet Capital Limited Partnership has invested 0% in Trimble Inc. (NASDAQ:TRMB). First Manhattan owns 32 shares or 0% of their US portfolio. Voloridge Invest Mngmt Lc has 0.12% invested in Trimble Inc. (NASDAQ:TRMB) for 133,808 shares. Asset Management One holds 0.04% in Trimble Inc. (NASDAQ:TRMB) or 471,635 shares. Northern Trust holds 2.50M shares or 0.02% of its portfolio. Citigroup Inc invested 0% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Comerica Fincl Bank owns 200,125 shares for 0.06% of their portfolio. Capital Intll Ca accumulated 98,400 shares or 0.5% of the stock.

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Trimble Navigation Limited had 35 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Trimble Inc. (NASDAQ:TRMB) has “Buy” rating given on Wednesday, August 2 by Oppenheimer. Raymond James initiated Trimble Inc. (NASDAQ:TRMB) on Tuesday, June 14 with “Outperform” rating. On Monday, October 5 the stock rating was maintained by Robert W. Baird with “Neutral”. Needham maintained Trimble Inc. (NASDAQ:TRMB) on Thursday, February 9 with “Buy” rating. The rating was initiated by Northcoast with “Neutral” on Friday, January 13. The rating was maintained by Dougherty & Company with “Buy” on Friday, November 4. Craig Hallum maintained Trimble Inc. (NASDAQ:TRMB) rating on Thursday, February 9. Craig Hallum has “Hold” rating and $24 target. On Friday, November 20 the stock rating was upgraded by Goldman Sachs to “Neutral”. The stock of Trimble Inc. (NASDAQ:TRMB) earned “Buy” rating by Piper Jaffray on Friday, October 27. Wells Fargo maintained Trimble Inc. (NASDAQ:TRMB) rating on Friday, October 27. Wells Fargo has “Market Perform” rating and $37 target.

Jag Capital Management Llc decreased Electronic Arts Inc. (NASDAQ:EA) stake by 45,539 shares to 169,226 valued at $17.89M in 2017Q2. It also reduced Starbucks Corporation (NASDAQ:SBUX) stake by 78,873 shares and now owns 49,930 shares. Ishares Russell 2000 Index Fund (IWM) was reduced too.

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