Vision Capital Management Has Lowered Its Carmax Com (KMX) Holding by $984,150; Stock Price Declined; Lowes Cos (LOW) Stake Raised by Commonwealth Equity Services Inc

January 17, 2018 - By Marie Mckinney

Vision Capital Management Inc decreased its stake in Carmax Inc Com (KMX) by 23.91% based on its latest 2017Q3 regulatory filing with the SEC. Vision Capital Management Inc sold 13,122 shares as the company’s stock declined 3.39% while stock markets rallied. The institutional investor held 41,766 shares of the automotive aftermarket company at the end of 2017Q3, valued at $3.17 million, down from 54,888 at the end of the previous reported quarter. Vision Capital Management Inc who had been investing in Carmax Inc Com for a number of months, seems to be less bullish one the $12.82 billion market cap company. The stock decreased 1.46% or $1.04 during the last trading session, reaching $70.29. About 532,253 shares traded. CarMax Inc. (NYSE:KMX) has risen 26.17% since January 17, 2017 and is uptrending. It has outperformed by 9.47% the S&P500.

Commonwealth Equity Services Inc increased its stake in Lowes Cos Inc (LOW) by 6.44% based on its latest 2017Q3 regulatory filing with the SEC. Commonwealth Equity Services Inc bought 15,747 shares as the company’s stock rose 10.23% with the market. The institutional investor held 260,349 shares of the consumer services company at the end of 2017Q3, valued at $20.81M, up from 244,602 at the end of the previous reported quarter. Commonwealth Equity Services Inc who had been investing in Lowes Cos Inc for a number of months, seems to be bullish on the $84.38 billion market cap company. The stock increased 0.71% or $0.72 during the last trading session, reaching $101.69. About 1.94 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since January 17, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Among 33 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 19 have Buy rating, 1 Sell and 13 Hold. Therefore 58% are positive. Lowe’s Companies Inc. had 77 analyst reports since August 19, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Atlantic Securities on Tuesday, November 28. Telsey Advisory Group maintained Lowe's Companies, Inc. (NYSE:LOW) rating on Wednesday, November 22. Telsey Advisory Group has “Outperform” rating and $83 target. Raymond James upgraded the stock to “Outperform” rating in Monday, November 27 report. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, October 31. On Thursday, August 24 the stock rating was maintained by Deutsche Bank with “Buy”. The company was maintained on Wednesday, August 19 by S&P Research. The stock of Lowe's Companies, Inc. (NYSE:LOW) has “Outperform” rating given on Thursday, August 24 by Credit Suisse. Telsey Advisory Group maintained the shares of LOW in report on Thursday, December 8 with “Market Perform” rating. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by Longbow on Friday, August 14. The company was reinitiated on Tuesday, August 2 by Stifel Nicolaus.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.01, from 1.03 in 2017Q2. It increased, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. The Pennsylvania-based Smithfield Com has invested 0.16% in Lowe's Companies, Inc. (NYSE:LOW). Ubs Asset Management Americas reported 2.72M shares stake. Cap Inv Advisors Limited Liability Co stated it has 0.04% in Lowe's Companies, Inc. (NYSE:LOW). Princeton Port Strategies Grp Inc Ltd reported 4,867 shares or 0.11% of all its holdings. British Columbia Invest Management accumulated 561,196 shares or 0.35% of the stock. Ifc Fl reported 7,343 shares. Moreover, Tukman Grossman Cap Management has 5.38% invested in Lowe's Companies, Inc. (NYSE:LOW). Burke & Herbert Bancshares & holds 7,568 shares or 0.55% of its portfolio. Kansas-based Kornitzer Management Ks has invested 0.04% in Lowe's Companies, Inc. (NYSE:LOW). Geode Capital Mngmt Limited Liability Company holds 0.26% or 8.93M shares in its portfolio. Haverford Company reported 0.03% stake. Asset Advisors holds 0.06% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 4,457 shares. Greenwood Gearhart invested 1.47% in Lowe's Companies, Inc. (NYSE:LOW). 3.30 million were reported by Schwab Charles. Cubist Systematic Strategies Llc has invested 0.11% in Lowe's Companies, Inc. (NYSE:LOW).

Since September 19, 2017, it had 0 insider purchases, and 2 sales for $778,532 activity. 2,098 shares were sold by Ramsay Paul D, worth $163,675 on Tuesday, September 19.

Commonwealth Equity Services Inc, which manages about $41.07B and $16.68 billion US Long portfolio, decreased its stake in Tpg Specialty Lending Inc (NYSE:TSLX) by 16,122 shares to 121,347 shares, valued at $2.54 million in 2017Q3, according to the filing. It also reduced its holding in Select Sector Spdr Tr (XLU) by 27,045 shares in the quarter, leaving it with 320,466 shares, and cut its stake in Unilever Plc (NYSE:UL).

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.01, from 0.91 in 2017Q2. It dropped, as 25 investors sold KMX shares while 163 reduced holdings. 57 funds opened positions while 112 raised stakes. 188.17 million shares or 4.44% less from 196.91 million shares in 2017Q2 were reported. Alliancebernstein Limited Partnership invested 0.02% in CarMax Inc. (NYSE:KMX). Sib has invested 4.5% in CarMax Inc. (NYSE:KMX). Employees Retirement Systems Of Texas holds 0.01% of its portfolio in CarMax Inc. (NYSE:KMX) for 12,000 shares. Shell Asset Mngmt reported 34,734 shares stake. Moreover, Pitcairn Communications has 0.04% invested in CarMax Inc. (NYSE:KMX). Next Finance Gru reported 0% of its portfolio in CarMax Inc. (NYSE:KMX). Moreover, Blackrock Incorporated has 0.04% invested in CarMax Inc. (NYSE:KMX) for 11.05 million shares. Northwest Inv Counselors Lc holds 50 shares or 0% of its portfolio. Federated Investors Pa owns 0% invested in CarMax Inc. (NYSE:KMX) for 591 shares. New Mexico Educational Retirement Board reported 0.06% of its portfolio in CarMax Inc. (NYSE:KMX). Greenleaf Tru has invested 0% of its portfolio in CarMax Inc. (NYSE:KMX). Oppenheimer Asset accumulated 10,036 shares. Co Of Virginia Va invested in 0.16% or 13,852 shares. Louisiana State Employees Retirement holds 0.04% or 11,400 shares. Madison Investment Hldg stated it has 1.22% of its portfolio in CarMax Inc. (NYSE:KMX).

Since September 1, 2017, it had 1 insider purchase, and 15 sales for $45.21 million activity. $600,720 worth of stock was sold by FOLLIARD THOMAS J on Monday, October 16. The insider Cafritz Diane L sold 5,671 shares worth $419,370. Daniels Jon G also sold $3.72 million worth of CarMax Inc. (NYSE:KMX) shares. On Tuesday, October 3 TIEFEL WILLIAM R sold $1.76M worth of CarMax Inc. (NYSE:KMX) or 23,000 shares. The insider MARGOLIN ERIC M sold 57,757 shares worth $4.30M. The insider Reedy Thomas W JR sold $5.56 million.

Among 17 analysts covering Carmax Inc (NYSE:KMX), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Carmax Inc had 56 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Wedbush on Wednesday, January 18 with “Neutral”. RBC Capital Markets maintained the shares of KMX in report on Monday, December 21 with “Sector Perform” rating. The stock has “Underweight” rating by Morgan Stanley on Wednesday, February 1. Oppenheimer maintained CarMax Inc. (NYSE:KMX) rating on Monday, April 24. Oppenheimer has “Buy” rating and $72 target. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, December 15. The rating was downgraded by Susquehanna on Thursday, June 22 to “Neutral”. The stock of CarMax Inc. (NYSE:KMX) has “Sector Perform” rating given on Friday, April 7 by RBC Capital Markets. The firm earned “Buy” rating on Friday, September 22 by RBC Capital Markets. The stock has “Buy” rating by Oppenheimer on Wednesday, April 12. The firm has “Buy” rating by IBC given on Friday, April 7.

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