As Intercontinental Exchange In (ICE) Share Price Rose, Holder Majedie Asset Management LTD Cut Its Position; Ross Stores Com (ROST) Share Value Declined While Somerset Trust Company Raised Its Position

January 14, 2018 - By Ellis Scott

Somerset Trust Company increased its stake in Ross Stores Inc Com (ROST) by 20.66% based on its latest 2017Q3 regulatory filing with the SEC. Somerset Trust Company bought 4,980 shares as the company’s stock declined 9.26% while stock markets rallied. The institutional investor held 29,090 shares of the consumer services company at the end of 2017Q3, valued at $1.88M, up from 24,110 at the end of the previous reported quarter. Somerset Trust Company who had been investing in Ross Stores Inc Com for a number of months, seems to be bullish on the $31.94 billion market cap company. The stock increased 1.24% or $1.02 during the last trading session, reaching $83.58. About 2.20M shares traded. Ross Stores, Inc. (NASDAQ:ROST) has risen 12.03% since January 14, 2017 and is uptrending. It has underperformed by 4.67% the S&P500.

Majedie Asset Management Ltd decreased its stake in Intercontinental Exchange In (ICE) by 11.41% based on its latest 2017Q3 regulatory filing with the SEC. Majedie Asset Management Ltd sold 29,632 shares as the company’s stock rose 1.58% with the market. The institutional investor held 230,150 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $15.81 million, down from 259,782 at the end of the previous reported quarter. Majedie Asset Management Ltd who had been investing in Intercontinental Exchange In for a number of months, seems to be less bullish one the $43.75 billion market cap company. The stock increased 0.54% or $0.4 during the last trading session, reaching $74.78. About 1.70 million shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 13.80% since January 14, 2017 and is uptrending. It has underperformed by 2.90% the S&P500.

Among 16 analysts covering Intercontinental Exchange (NYSE:ICE), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Intercontinental Exchange had 60 analyst reports since August 6, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, August 11 report. The rating was upgraded by RBC Capital Markets to “Sector Outperform” on Thursday, July 13. On Thursday, August 6 the stock rating was maintained by Deutsche Bank with “Buy”. RBC Capital Markets maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Monday, August 14 with “Buy” rating. The firm earned “Buy” rating on Thursday, April 13 by Wood. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm has “Buy” rating by Keefe Bruyette & Woods given on Friday, June 16. The firm has “Overweight” rating given on Friday, September 8 by Barclays Capital. The company was maintained on Thursday, November 2 by Keefe Bruyette & Woods. The rating was reinitiated by RBC Capital Markets with “Sector Perform” on Friday, March 31.

Majedie Asset Management Ltd, which manages about $1.23B US Long portfolio, upped its stake in Parsley Energy Inc (NYSE:PE) by 31,342 shares to 301,234 shares, valued at $7.94M in 2017Q3, according to the filing. It also increased its holding in Caci Intl Inc (NYSE:CACI) by 6,120 shares in the quarter, for a total of 63,514 shares, and has risen its stake in Oceaneering Intl Inc (NYSE:OII).

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.02, from 1.07 in 2017Q2. It fall, as 32 investors sold ICE shares while 233 reduced holdings. 82 funds opened positions while 197 raised stakes. 501.06 million shares or 0.97% less from 505.99 million shares in 2017Q2 were reported. Prudential Finance has 821,195 shares. Warren Averett Asset Management Limited Liability Com has 3,362 shares for 0.05% of their portfolio. Arrowstreet LP has 0.41% invested in Intercontinental Exchange, Inc. (NYSE:ICE). Americafirst Mgmt Ltd Liability Corporation holds 2,112 shares or 0.2% of its portfolio. Carroll Fincl Assoc invested in 0% or 550 shares. Tobam accumulated 142,410 shares. Gulf Intl Retail Bank (Uk) owns 188,264 shares for 0.17% of their portfolio. Northcoast Asset Ltd Llc reported 3,304 shares. Atlantic Gru Limited Company owns 344,034 shares or 0.11% of their US portfolio. Highline Cap Management Ltd Partnership owns 2.48M shares or 4.83% of their US portfolio. Price T Rowe Inc Md stated it has 41.12M shares. Beese Fulmer Investment Mgmt owns 69,444 shares. Stock Yards National Bank Comm reported 193,916 shares. Penobscot Invest Mgmt has invested 0.92% in Intercontinental Exchange, Inc. (NYSE:ICE). Syntal Cap Partners Ltd Liability Co reported 0.46% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE).

Analysts await Intercontinental Exchange, Inc. (NYSE:ICE) to report earnings on February, 6. They expect $0.73 earnings per share, up 2.82% or $0.02 from last year’s $0.71 per share. ICE’s profit will be $427.07 million for 25.61 P/E if the $0.73 EPS becomes a reality. After $0.72 actual earnings per share reported by Intercontinental Exchange, Inc. for the previous quarter, Wall Street now forecasts 1.39% EPS growth.

Since September 12, 2017, it had 0 insider buys, and 2 sales for $1.35 million activity. Morrow Brian R. sold $402,054 worth of stock.

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.04, from 1 in 2017Q2. It improved, as 58 investors sold ROST shares while 200 reduced holdings. 72 funds opened positions while 196 raised stakes. 339.45 million shares or 0.11% less from 339.81 million shares in 2017Q2 were reported. Wasatch Advsr accumulated 4,905 shares. Rafferty Asset Mngmt Limited Liability Company owns 25,755 shares. Meiji Yasuda Asset Mngmt Ltd invested in 0.11% or 18,034 shares. First Business Serv holds 7,856 shares. Cypress Cap Grp Inc owns 52,815 shares or 0.73% of their US portfolio. Federated Pa has invested 0% in Ross Stores, Inc. (NASDAQ:ROST). Alliancebernstein Lp holds 0.27% or 5.53 million shares in its portfolio. Thrivent For Lutherans has 0.04% invested in Ross Stores, Inc. (NASDAQ:ROST) for 192,680 shares. Moreover, Envestnet Asset has 0.07% invested in Ross Stores, Inc. (NASDAQ:ROST) for 476,168 shares. Renaissance Techs Ltd Liability Corp holds 0.18% or 2.40 million shares. Manufacturers Life Insurance The has invested 0.03% in Ross Stores, Inc. (NASDAQ:ROST). Comerica Secs invested 0.05% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST). Moreover, Lombard Odier Asset Management (Switzerland) has 0.03% invested in Ross Stores, Inc. (NASDAQ:ROST) for 4,402 shares. Private Tru Company Na holds 0.12% in Ross Stores, Inc. (NASDAQ:ROST) or 8,490 shares. First Republic Investment Mngmt has 28,090 shares for 0.01% of their portfolio.

Somerset Trust Company, which manages about $188.61M US Long portfolio, decreased its stake in Vanguard Index Fds Reit Etf (VNQ) by 12,423 shares to 8,751 shares, valued at $727,000 in 2017Q3, according to the filing.

Among 27 analysts covering Ross Stores Inc. (NASDAQ:ROST), 17 have Buy rating, 1 Sell and 9 Hold. Therefore 63% are positive. Ross Stores Inc. had 67 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Ross Stores, Inc. (NASDAQ:ROST) has “Underweight” rating given on Wednesday, May 11 by Piper Jaffray. On Friday, November 17 the stock rating was maintained by Morgan Stanley with “Overweight”. The firm has “Market Perform” rating by Bernstein given on Wednesday, March 2. The company was reinitiated on Thursday, October 22 by Wells Fargo. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Market Perform” rating by BMO Capital Markets on Friday, November 17. The company was maintained on Thursday, January 11 by Wells Fargo. The firm earned “Hold” rating on Friday, November 17 by RBC Capital Markets. The firm has “Buy” rating given on Monday, August 22 by Citigroup. RBC Capital Markets maintained it with “Hold” rating and $62.0 target in Thursday, August 17 report. The rating was maintained by M Partners on Friday, August 18 with “Buy”.

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 daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: