Priceline Grp (PCLN) Stock Price Rose While Bragg Financial Advisors Boosted Its Stake; Raytheon Company (RTN) Shareholder Ftb Advisors Lifted Holding

January 17, 2018 - By Peter Erickson

Ftb Advisors Inc increased its stake in Raytheon Company (RTN) by 148.61% based on its latest 2017Q3 regulatory filing with the SEC. Ftb Advisors Inc bought 8,099 shares as the company’s stock rose 4.85% with the market. The institutional investor held 13,549 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.53 million, up from 5,450 at the end of the previous reported quarter. Ftb Advisors Inc who had been investing in Raytheon Company for a number of months, seems to be bullish on the $56.58B market cap company. The stock decreased 0.88% or $1.73 during the last trading session, reaching $195.73. About 1.67 million shares traded or 24.29% up from the average. Raytheon Company (NYSE:RTN) has risen 24.03% since January 17, 2017 and is uptrending. It has outperformed by 7.33% the S&P500.

Bragg Financial Advisors Inc increased its stake in Priceline Grp Inc (PCLN) by 13.07% based on its latest 2017Q3 regulatory filing with the SEC. Bragg Financial Advisors Inc bought 168 shares as the company’s stock rose 10.44% with the market. The institutional investor held 1,453 shares of the business services company at the end of 2017Q3, valued at $2.66 million, up from 1,285 at the end of the previous reported quarter. Bragg Financial Advisors Inc who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $93.61 billion market cap company. The stock increased 0.00% or $0.07 during the last trading session, reaching $1919.47. About 604,897 shares traded or 19.84% up from the average. The Priceline Group Inc. (NASDAQ:PCLN) has risen 44.63% since January 17, 2017 and is uptrending. It has outperformed by 27.93% the S&P500.

Investors sentiment increased to 1.21 in 2017 Q3. Its up 0.09, from 1.12 in 2017Q2. It is positive, as 42 investors sold RTN shares while 343 reduced holdings. 118 funds opened positions while 346 raised stakes. 205.51 million shares or 1.55% less from 208.75 million shares in 2017Q2 were reported. 37,826 are held by Btr Management Incorporated. Iowa-based Cambridge Inv Research Advsrs has invested 0.1% in Raytheon Company (NYSE:RTN). Legacy Capital Ptnrs owns 6,064 shares. Brinker Incorporated owns 33,582 shares or 0.26% of their US portfolio. Inv House Limited stated it has 1,600 shares or 0.04% of all its holdings. Jane Street Gp Limited Liability Corp has 48,604 shares for 0.03% of their portfolio. Ahl Prtnrs Llp stated it has 0.24% of its portfolio in Raytheon Company (NYSE:RTN). Moreover, Sit Invest Associate Inc has 0.92% invested in Raytheon Company (NYSE:RTN) for 198,373 shares. Advisors Capital Llc owns 87,564 shares or 1.32% of their US portfolio. Lpl Llc reported 0.08% of its portfolio in Raytheon Company (NYSE:RTN). Pinnacle Financial Prtn holds 0.04% or 1,608 shares in its portfolio. F&V Mngmt Limited Liability owns 1,912 shares. Macquarie Grp Inc Limited, Australia-based fund reported 3.76 million shares. Essex Fincl Inc reported 0.2% in Raytheon Company (NYSE:RTN). Canandaigua Savings Bank & Tru holds 3,244 shares.

Ftb Advisors Inc, which manages about $3.88 billion and $970.40M US Long portfolio, decreased its stake in Vanguard Small Cap Value Etf (VBR) by 32,355 shares to 77,816 shares, valued at $9.97 million in 2017Q3, according to the filing. It also reduced its holding in Vanguard Total Stock Market Et (VTI) by 2,728 shares in the quarter, leaving it with 16,940 shares, and cut its stake in Verizon Communications (NYSE:VZ).

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company had 70 analyst reports since July 28, 2015 according to SRatingsIntel. The company was initiated on Tuesday, August 8 by Morgan Stanley. Deutsche Bank upgraded the shares of RTN in report on Friday, September 29 to “Buy” rating. Wells Fargo maintained the stock with “Outperform” rating in Friday, October 27 report. Bernstein maintained the shares of RTN in report on Monday, October 30 with “Outperform” rating. As per Tuesday, September 29, the company rating was upgraded by UBS. The stock has “Overweight” rating by JP Morgan on Monday, October 30. Cowen & Co maintained Raytheon Company (NYSE:RTN) rating on Tuesday, April 11. Cowen & Co has “Buy” rating and $170 target. As per Tuesday, January 16, the company rating was maintained by Wells Fargo. The stock of Raytheon Company (NYSE:RTN) earned “Outperform” rating by RBC Capital Markets on Thursday, January 12. The stock of Raytheon Company (NYSE:RTN) has “Buy” rating given on Wednesday, September 2 by RBC Capital Markets.

Since August 14, 2017, it had 0 insider purchases, and 4 selling transactions for $1.08 million activity. On Thursday, August 31 the insider Lawrence Taylor W sold $690,304. Clark Vernon E sold $149,378 worth of stock or 829 shares. 650 shares were sold by Jimenez Frank R, worth $121,723 on Monday, October 2.

Bragg Financial Advisors Inc, which manages about $960.65M and $652.54 million US Long portfolio, decreased its stake in Timken Co (NYSE:TKR) by 40,520 shares to 29,275 shares, valued at $1.42M in 2017Q3, according to the filing. It also reduced its holding in Aspen Insurance Holdings Ltd (NYSE:AHL) by 44,345 shares in the quarter, leaving it with 11,070 shares, and cut its stake in Bard C R Inc (NYSE:BCR).

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.03, from 1.06 in 2017Q2. It fall, as 66 investors sold PCLN shares while 320 reduced holdings. 93 funds opened positions while 306 raised stakes. 50.07 million shares or 10.39% more from 45.36 million shares in 2017Q2 were reported. Northwestern Mutual Wealth Management Com owns 7,281 shares. Pinnacle Financial Prns owns 124 shares. Crestwood Mngmt Ltd Partnership accumulated 3.2% or 3,263 shares. 149,384 are held by Artisan Partners Ltd Partnership. Moreover, Callahan Advisors Ltd Liability has 1.92% invested in The Priceline Group Inc. (NASDAQ:PCLN) for 4,984 shares. Burt Wealth Advsrs holds 46 shares. Hm Payson And Com stated it has 3,849 shares or 0.3% of all its holdings. Hightower Advsr Ltd Limited Liability Company stated it has 6,832 shares. Addenda Cap invested in 3,960 shares or 0.51% of the stock. Marshall Wace Llp has invested 0.29% in The Priceline Group Inc. (NASDAQ:PCLN). Trillium Asset Ltd Liability Corp holds 0.72% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN) for 6,853 shares. Westfield Cap Mngmt Co Lp stated it has 0.72% in The Priceline Group Inc. (NASDAQ:PCLN). Moreover, Johnson Gru has 0.02% invested in The Priceline Group Inc. (NASDAQ:PCLN). Assetmark holds 69 shares. Cypress Cap Mngmt Limited Com holds 0.2% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN) for 527 shares.

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 98 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Guggenheim given on Wednesday, May 4. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, August 5. The stock of The Priceline Group Inc. (NASDAQ:PCLN) earned “Outperform” rating by RBC Capital Markets on Friday, October 7. Barclays Capital upgraded The Priceline Group Inc. (NASDAQ:PCLN) rating on Wednesday, June 22. Barclays Capital has “Overweight” rating and $1500 target. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, November 10. The firm earned “Buy” rating on Friday, September 4 by Redburn. The stock of The Priceline Group Inc. (NASDAQ:PCLN) earned “Hold” rating by Deutsche Bank on Tuesday, October 24. The firm earned “Buy” rating on Wednesday, August 9 by Jefferies. Piper Jaffray maintained the shares of PCLN in report on Tuesday, August 25 with “Buy” rating. The firm earned “Market Perform” rating on Tuesday, November 8 by Wells Fargo.

Since August 10, 2017, it had 0 buys, and 5 selling transactions for $5.60 million activity. 2,500 The Priceline Group Inc. (NASDAQ:PCLN) shares with value of $4.69 million were sold by Docter Jan L.

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