Monarch Partners Asset Management Boosted By $1.87 Million Its Crown Holdings (CCK) Holding; Last Week Leggett & Platt, Inc. (LEG) Analysts

September 9, 2017 - By Vivian Currie

Monarch Partners Asset Management Llc increased Crown Holdings Inc (CCK) stake by 18.28% reported in 2016Q4 SEC filing. Monarch Partners Asset Management Llc acquired 35,945 shares as Crown Holdings Inc (CCK)’s stock rose 6.12%. The Monarch Partners Asset Management Llc holds 232,540 shares with $12.23 million value, up from 196,595 last quarter. Crown Holdings Inc now has $7.98B valuation. The stock increased 0.39% or $0.23 on September 8, reaching $58.99. About 560,002 shares traded or 4.42% up from the average. Crown Holdings, Inc. (NYSE:CCK) has risen 7.50% since September 9, 2016 and is uptrending. It has underperformed by 9.20% the S&P500.

Among 8 analysts covering Leggett & Platt (NYSE:LEG), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Leggett & Platt had 13 analyst reports since August 5, 2015 according to SRatingsIntel. As per Monday, June 5, the company rating was initiated by Piper Jaffray. The firm earned “” rating on Monday, August 31 by Raymond James. Gabelli initiated it with “Hold” rating and $53 target in Wednesday, June 21 report. The firm has “Buy” rating by Zacks given on Wednesday, August 5. Piper Jaffray maintained the stock with “Buy” rating in Monday, August 14 report. Raymond James upgraded the stock to “Strong Buy” rating in Wednesday, February 1 report. The stock of Leggett & Platt, Inc. (NYSE:LEG) earned “Buy” rating by Piper Jaffray on Thursday, July 13. Stifel Nicolaus maintained it with “Hold” rating and $5300 target in Friday, July 28 report. Hilliard Lyons downgraded the shares of LEG in report on Friday, July 29 to “Underperform” rating. The stock has “Long-Term Buy” rating by Hilliard Lyons on Monday, July 24. See Leggett & Platt, Inc. (NYSE:LEG) latest ratings:

14/08/2017 Broker: Piper Jaffray Rating: Buy New Target: $59.0000 Maintain
28/07/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $53.0000 Maintain
24/07/2017 Broker: Hilliard Lyons Old Rating: Neutral New Rating: Long-Term Buy Upgrade
13/07/2017 Broker: Piper Jaffray Rating: Buy New Target: $59.0000 Maintain
23/06/2017 Broker: Credit Suisse Rating: Neutral New Target: $56 Initiates Coverage On
21/06/2017 Broker: Gabelli Rating: Hold New Target: $53.00 Initiate
05/06/2017 Broker: PiperJaffray Rating: Overweight New Target: $59 Initiates Coverage On
05/06/2017 Broker: Piper Jaffray Rating: Overweight New Target: $59.00 Initiate

Investors sentiment decreased to 0.85 in Q4 2016. Its down 0.17, from 1.02 in 2016Q3. It fall, as 42 investors sold CCK shares while 120 reduced holdings. 38 funds opened positions while 108 raised stakes. 124.33 million shares or 0.10% more from 124.20 million shares in 2016Q3 were reported. Bartlett & Ltd Liability has 0% invested in Crown Holdings, Inc. (NYSE:CCK). Jpmorgan Chase & reported 0.09% stake. The France-based Capital Fund has invested 0.03% in Crown Holdings, Inc. (NYSE:CCK). Brandywine Global Invest Mngmt Ltd Com reported 125,048 shares. Pnc Fin Ser Group Inc, a Pennsylvania-based fund reported 12,481 shares. Quantbot Tech Ltd Partnership holds 11,924 shares. Cipher Capital Limited Partnership holds 0.14% of its portfolio in Crown Holdings, Inc. (NYSE:CCK) for 40,044 shares. Ubs Oconnor Ltd Liability Com owns 484,751 shares. 28,936 were accumulated by Sterling Cap Management Ltd Liability Com. Rdl Fincl stated it has 26,368 shares. Stillwater Capital Advisors Ltd invested in 5,407 shares. Bnp Paribas Arbitrage Sa stated it has 0% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Public Employees Retirement Association Of Colorado owns 26,783 shares for 0.01% of their portfolio. First Quadrant LP Ca owns 0.54% invested in Crown Holdings, Inc. (NYSE:CCK) for 495,144 shares. Hbk Invests Lp owns 97,824 shares.

Monarch Partners Asset Management Llc decreased U S Concrete Inc (NASDAQ:USCR) stake by 86,426 shares to 65,355 valued at $4.28 million in 2016Q4. It also reduced Evercore Partners Inc (NYSE:EVR) stake by 31,067 shares and now owns 33,041 shares. Fcb Finl Hldgs Inc (NYSE:FCB) was reduced too.

Among 13 analysts covering Crown Holdings (NYSE:CCK), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Crown Holdings had 34 analyst reports since July 22, 2015 according to SRatingsIntel. As per Tuesday, August 22, the company rating was maintained by RBC Capital Markets. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating by Jefferies given on Thursday, May 25. The rating was maintained by Jefferies with “Buy” on Thursday, April 13. On Monday, August 28 the stock rating was maintained by Jefferies with “Buy”. The stock of Crown Holdings, Inc. (NYSE:CCK) earned “Hold” rating by Deutsche Bank on Tuesday, July 18. The stock of Crown Holdings, Inc. (NYSE:CCK) earned “Buy” rating by Bank of America on Friday, February 19. The company was downgraded on Thursday, November 12 by Wells Fargo. On Monday, April 25 the stock rating was downgraded by Vertical Research to “Hold”. The stock of Crown Holdings, Inc. (NYSE:CCK) earned “Neutral” rating by Credit Suisse on Tuesday, April 19.

Since May 19, 2017, it had 0 insider buys, and 1 insider sale for $56,048 activity. 1,000 shares valued at $56,048 were sold by Beaver David A. on Friday, May 19.

Investors sentiment decreased to 1.11 in Q4 2016. Its down 0.23, from 1.34 in 2016Q3. It is negative, as 50 investors sold Leggett & Platt, Inc. shares while 163 reduced holdings. 60 funds opened positions while 128 raised stakes. 91.89 million shares or 4.39% more from 88.03 million shares in 2016Q3 were reported. Bnp Paribas Invest accumulated 29,837 shares. Gateway Advisers Ltd Co stated it has 280,939 shares or 0.13% of all its holdings. Aperio Group Incorporated Ltd holds 36,609 shares. Jefferies Grp Ltd Llc has invested 0.01% in Leggett & Platt, Inc. (NYSE:LEG). 19,010 were reported by Janney Montgomery Scott Limited Liability Corporation. Sg Americas Limited Liability reported 53,704 shares stake. Symphony Asset Mgmt Lc has invested 0.07% of its portfolio in Leggett & Platt, Inc. (NYSE:LEG). Westpac holds 0% or 136,336 shares in its portfolio. Prudential Plc holds 10,200 shares or 0% of its portfolio. Commonwealth Of Pennsylvania Public School Empls Retrmt has 7,663 shares for 0.01% of their portfolio. Old Mutual Customised Solutions (Proprietary) invested 0.01% of its portfolio in Leggett & Platt, Inc. (NYSE:LEG). Eaton Vance Management reported 0.01% stake. Raymond James Fincl Serv Advisors reported 0% of its portfolio in Leggett & Platt, Inc. (NYSE:LEG). Riverhead Cap Lc owns 5,977 shares. Arizona State Retirement Systems holds 44,200 shares or 0.03% of its portfolio.

The stock increased 4.14% or $1.8 on September 8, reaching $45.3. About 1.52M shares traded or 46.15% up from the average. Leggett & Platt, Inc. (NYSE:LEG) has risen 4.35% since September 9, 2016 and is uptrending. It has underperformed by 12.35% the S&P500.

Since May 1, 2017, it had 0 insider buys, and 5 insider sales for $2.48 million activity. 5,715 shares were sold by MCCLANATHAN JOSEPH W, worth $302,399. Douglas Scott S had sold 5,000 shares worth $266,300. Another trade for 10,000 shares valued at $535,514 was made by ODOM JUDY C on Monday, May 8. $659,301 worth of Leggett & Platt, Inc. (NYSE:LEG) was sold by FLANIGAN MATTHEW C. GLASSMAN KARL G had sold 13,277 shares worth $714,170 on Monday, May 8.