$0.12 EPS Expected for Cemtrex (CETX); Picton Mahoney Asset Management Has Cut Thermo Fisher Scientific (TMO) Holding By $14.25 Million

August 10, 2017 - By Richard Conner

Picton Mahoney Asset Management decreased Thermo Fisher Scientific Inc (TMO) stake by 51.97% reported in 2016Q4 SEC filing. Picton Mahoney Asset Management sold 101,050 shares as Thermo Fisher Scientific Inc (TMO)’s stock rose 8.13%. The Picton Mahoney Asset Management holds 93,400 shares with $13.18M value, down from 194,450 last quarter. Thermo Fisher Scientific Inc now has $67.59B valuation. The stock decreased 0.42% or $0.73 during the last trading session, reaching $173.26. About shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since August 10, 2016 and is uptrending. It has underperformed by 1.13% the S&P500.

Analysts expect Cemtrex Inc (NASDAQ:CETX) to report $0.12 EPS on August, 21.They anticipate $0.04 EPS change or 25.00% from last quarter’s $0.16 EPS. CETX’s profit would be $1.19 million giving it 6.54 P/E if the $0.12 EPS is correct. After having $0.04 EPS previously, Cemtrex Inc’s analysts see 200.00% EPS growth. The stock decreased 0.95% or $0.03 during the last trading session, reaching $3.14. About shares traded. Cemtrex Inc (NASDAQ:CETX) has risen 80.19% since August 10, 2016 and is uptrending. It has outperformed by 63.49% the S&P500.

Cemtrex, Inc. is a diversified technology company, which provides solutions to industrial and manufacturing needs. The company has market cap of $31.05 million. The Firm provides manufacturing services of electronic system assemblies; provides broad industrial services, instruments and emission monitors for industrial processes, and provides industrial air filtration and environmental control systems. It has a 5.59 P/E ratio. It operates through two divisions: Electronics Manufacturing Services segment and the Industrial Products & Services (IPS) segment.

Since March 6, 2017, it had 0 buys, and 9 selling transactions for $12.45 million activity. HOOGASIAN SETH H had sold 3,142 shares worth $498,667. $3.17 million worth of Thermo Fisher Scientific Inc. (NYSE:TMO) was sold by CASPER MARC N on Wednesday, March 15. 4,049 shares valued at $642,617 were sold by Loewald Thomas W on Monday, March 6. $1.46 million worth of Thermo Fisher Scientific Inc. (NYSE:TMO) was sold by WILVER PETER M on Wednesday, March 15. On Monday, March 6 Williamson Stephen sold $396,775 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) or 2,500 shares. Shine Daniel P had sold 4,688 shares worth $805,750.

Among 15 analysts covering Thermo Fisher Scientific (NYSE:TMO), 14 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Thermo Fisher Scientific had 36 analyst reports since July 24, 2015 according to SRatingsIntel. As per Thursday, January 7, the company rating was initiated by Deutsche Bank. Leerink Swann maintained Thermo Fisher Scientific Inc. (NYSE:TMO) on Friday, April 28 with “Buy” rating. The rating was maintained by Mizuho on Thursday, July 23 with “Buy”. BTIG Research reinitiated the stock with “Buy” rating in Friday, July 22 report. The company was initiated on Thursday, September 22 by JP Morgan. Jefferies downgraded Thermo Fisher Scientific Inc. (NYSE:TMO) on Friday, April 29 to “Hold” rating. As per Tuesday, May 3, the company rating was maintained by Mizuho. The firm has “Buy” rating by Argus Research given on Tuesday, October 6. The company was upgraded on Tuesday, December 8 by Goldman Sachs. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Hold” rating given on Thursday, March 30 by Jefferies.

Investors sentiment increased to 1.05 in 2016 Q4. Its up 0.26, from 0.79 in 2016Q3. It improved, as 52 investors sold TMO shares while 371 reduced holdings. 116 funds opened positions while 329 raised stakes. 330.70 million shares or 0.57% less from 332.58 million shares in 2016Q3 were reported. Blb&B Advsrs Limited Company invested in 0.04% or 1,766 shares. 41,471 are owned by Boston Advsr Ltd Limited Liability Company. Generation Invest Management Llp has invested 4.01% in Thermo Fisher Scientific Inc. (NYSE:TMO). Green Valley Lc owns 1.61% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 217,803 shares. Beck Mack & Oliver Limited Liability Com invested in 2,665 shares or 0.01% of the stock. Arrow reported 0.01% stake. Livforsakringsbolaget Skandia Omsesidigt holds 23,497 shares or 0.17% of its portfolio. Dodge & Cox has invested 0.01% in Thermo Fisher Scientific Inc. (NYSE:TMO). Middleton And Inc Ma stated it has 0.14% in Thermo Fisher Scientific Inc. (NYSE:TMO). Bridges Investment Counsel holds 0.25% in Thermo Fisher Scientific Inc. (NYSE:TMO) or 7,235 shares. Geode Management Ltd Llc invested in 3.33M shares. Moody Natl Bank Trust Division accumulated 8,758 shares. Primecap Company Ca has invested 0.74% in Thermo Fisher Scientific Inc. (NYSE:TMO). 85,000 were reported by State Of New Jersey Common Pension Fund D. Mirador Cap Prtn Lp holds 9,653 shares.