Orca Investment Management Has Trimmed Its Position in Schnitzer Stl Inds Class A (SCHN) by $967,764; Nippon Life Insurance Company Position in Intercontinental Exchange In (ICE) Trimmed by $357,204

February 17, 2018 - By Peter Erickson

Nippon Life Insurance Company decreased its stake in Intercontinental Exchange In (ICE) by 18.72% based on its latest 2017Q3 regulatory filing with the SEC. Nippon Life Insurance Company sold 5,253 shares as the company’s stock rose 1.58% with the market. The institutional investor held 22,815 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $1.57 million, down from 28,068 at the end of the previous reported quarter. Nippon Life Insurance Company who had been investing in Intercontinental Exchange In for a number of months, seems to be less bullish one the $41.77B market cap company. The stock decreased 1.13% or $0.82 during the last trading session, reaching $71.73. About 3.46 million shares traded or 22.14% up from the average. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 13.80% since February 17, 2017 and is uptrending. It has underperformed by 2.90% the S&P500.

Orca Investment Management Llc decreased its stake in Schnitzer Stl Inds Class A (SCHN) by 23.42% based on its latest 2017Q3 regulatory filing with the SEC. Orca Investment Management Llc sold 34,563 shares as the company’s stock declined 28.14% while stock markets rallied. The institutional investor held 113,018 shares of the consumer durables company at the end of 2017Q3, valued at $3.18 million, down from 147,581 at the end of the previous reported quarter. Orca Investment Management Llc who had been investing in Schnitzer Stl Inds Class A for a number of months, seems to be less bullish one the $948.05 million market cap company. The stock increased 3.16% or $1.1 during the last trading session, reaching $35.95. About 342,245 shares traded or 2.87% up from the average. Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) has risen 21.74% since February 17, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.




Among 4 analysts covering Schnitzer Steel Industries (NASDAQ:SCHN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Schnitzer Steel Industries had 6 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Tuesday, October 31 by Morgan Stanley. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, October 11 report. As per Tuesday, November 24, the company rating was upgraded by Morgan Stanley. Jefferies maintained the stock with “Buy” rating in Wednesday, September 16 report. On Wednesday, August 12 the stock rating was downgraded by Zacks to “Buy”.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.11, from 0.99 in 2017Q2. It increased, as 15 investors sold SCHN shares while 54 reduced holdings. 40 funds opened positions while 36 raised stakes. 23.36 million shares or 3.78% more from 22.51 million shares in 2017Q2 were reported. Tower Rech Cap Ltd Liability Corporation (Trc) reported 2,728 shares. Barclays Public Limited Co has invested 0% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Van Eck Associate Corp reported 0.01% stake. Moreover, Tocqueville Asset Management Ltd Partnership has 0.03% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 90,219 shares. Ameriprise Financial Incorporated owns 211,225 shares or 0% of their US portfolio. Hillcrest Asset Mngmt Limited Company holds 1.02% or 200,762 shares in its portfolio. Fincl Bank Of America De invested in 0% or 184,590 shares. Meeder Asset Mngmt Inc owns 1,441 shares. Voya Mgmt Lc has 13,288 shares for 0% of their portfolio. Schwab Charles Invest Mngmt has invested 0.01% of its portfolio in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). New York-based Morgan Stanley has invested 0.01% in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN). Kbc Nv reported 79,310 shares stake. Gsa Cap Prtn Limited Liability Partnership stated it has 25,405 shares. Alliancebernstein Ltd Partnership has 0% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) for 67,157 shares. Da Davidson & has 0.01% invested in Schnitzer Steel Industries, Inc. (NASDAQ:SCHN).

Among 18 analysts covering Intercontinental Exchange (NYSE:ICE), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. Intercontinental Exchange had 64 analyst reports since August 6, 2015 according to SRatingsIntel. Deutsche Bank maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Thursday, August 4 with “Buy” rating. Barclays Capital reinitiated Intercontinental Exchange, Inc. (NYSE:ICE) rating on Tuesday, December 15. Barclays Capital has “Overweight” rating and $278.0 target. Wells Fargo maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Thursday, October 5 with “Market Perform” rating. Wood maintained the shares of ICE in report on Friday, March 24 with “Buy” rating. As per Friday, October 6, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Jefferies on Wednesday, October 11 with “Buy”. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) earned “Buy” rating by Keefe Bruyette & Woods on Friday, June 16. The rating was maintained by RBC Capital Markets on Monday, October 16 with “Buy”. The firm has “Buy” rating by Jefferies given on Tuesday, January 16. The firm has “Buy” rating given on Thursday, November 2 by Keefe Bruyette & Woods.

Nippon Life Insurance Company, which manages about $5.33 billion US Long portfolio, upped its stake in Vanguard Index Fds (VNQ) by 9,873 shares to 267,832 shares, valued at $22.25 million in 2017Q3, according to the filing. It also increased its holding in Anadarko Pete Corp (NYSE:APC) by 18,574 shares in the quarter, for a total of 60,974 shares, and has risen its stake in Servicenow Inc (NYSE:NOW).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.