Apache (APA) Market Valuation Declined While Elm Ridge Management Has Raised by $1.07 Million Its Position; Thermo Fisher Scientific (TMO) Stock Price Rose While Flossbach Von Storch Ag Has Decreased Its Position

January 28, 2018 - By Louis Casey

Flossbach Von Storch Ag decreased its stake in Thermo Fisher Scientific (TMO) by 6.82% based on its latest 2017Q3 regulatory filing with the SEC. Flossbach Von Storch Ag sold 3,150 shares as the company’s stock rose 8.13% with the market. The institutional investor held 43,010 shares of the industrial machinery and components company at the end of 2017Q3, valued at $8.14 million, down from 46,160 at the end of the previous reported quarter. Flossbach Von Storch Ag who had been investing in Thermo Fisher Scientific for a number of months, seems to be less bullish one the $88.13 billion market cap company. The stock increased 0.87% or $1.9 during the last trading session, reaching $219.78. About 1.16 million shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since January 28, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Ron Gutfleish increased its stake in Apache Corp (APA) by 8.4% based on its latest 2017Q3 regulatory filing with the SEC. Elm Ridge Management Llc bought 23,785 shares as the company’s stock declined 7.72% while stock markets rallied. The hedge fund run by Ron Gutfleish held 306,985 shares of the oil & gas production company at the end of 2017Q3, valued at $14.06M, up from 283,200 at the end of the previous reported quarter. Elm Ridge Management Llc who had been investing in Apache Corp for a number of months, seems to be bullish on the $18.32 billion market cap company. The stock increased 1.33% or $0.63 during the last trading session, reaching $48.08. About 3.13 million shares traded. Apache Corporation (NYSE:APA) has declined 10.21% since January 28, 2017 and is downtrending. It has underperformed by 26.91% the S&P500.

Since December 13, 2017, it had 1 insider buy, and 0 sales for $120,064 activity.

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.31, from 0.74 in 2017Q2. It increased, as 60 investors sold APA shares while 202 reduced holdings. 66 funds opened positions while 209 raised stakes. 348.95 million shares or 1.76% more from 342.91 million shares in 2017Q2 were reported. Great West Life Assurance Can holds 0.03% of its portfolio in Apache Corporation (NYSE:APA) for 285,009 shares. Greylin Mangement reported 32,335 shares stake. Brown Advisory Inc accumulated 48,888 shares or 0.01% of the stock. Sumitomo Mitsui Tru accumulated 1.06M shares. Ny State Teachers Retirement Systems invested 0.07% in Apache Corporation (NYSE:APA). Fdx Advsr has 0.04% invested in Apache Corporation (NYSE:APA) for 29,087 shares. Evercore Wealth Limited Liability Corp holds 0.01% of its portfolio in Apache Corporation (NYSE:APA) for 7,599 shares. 10.35 million are owned by Tortoise Capital Advsr Ltd Liability Com. Boston Common Asset Management Ltd Limited Liability Company reported 0.1% of its portfolio in Apache Corporation (NYSE:APA). Nbt Bancorporation N A Ny stated it has 29,579 shares or 0.22% of all its holdings. Guardian Life Of America owns 860 shares. Webster National Bank N A holds 0.13% or 19,264 shares in its portfolio. Hwg LP owns 1,667 shares or 0.06% of their US portfolio. Cap Advsr Ok reported 5,328 shares. Scotia has 12,560 shares.

Among 27 analysts covering Apache Corporation (NYSE:APA), 5 have Buy rating, 5 Sell and 17 Hold. Therefore 19% are positive. Apache Corporation had 93 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, August 7. The firm earned “Outperform” rating on Friday, April 8 by Wells Fargo. The firm earned “Equal-Weight” rating on Wednesday, October 18 by Morgan Stanley. The stock has “Hold” rating by BMO Capital Markets on Monday, June 26. The firm earned “Neutral” rating on Tuesday, August 9 by Citigroup. The firm has “Sell” rating by Barclays Capital given on Friday, April 21. The stock has “Hold” rating by Cowen & Co on Friday, September 15. On Tuesday, August 29 the stock rating was maintained by Jefferies with “Sell”. The stock of Apache Corporation (NYSE:APA) has “Neutral” rating given on Friday, August 5 by UBS. The stock has “Hold” rating by BMO Capital Markets on Tuesday, October 10.

Elm Ridge Management Llc, which manages about $1.38 billion and $237.62 million US Long portfolio, decreased its stake in Quad / Graphics Inc (NYSE:QUAD) by 61,400 shares to 107,843 shares, valued at $2.44M in 2017Q3, according to the filing. It also reduced its holding in Bank Amer Corp (NYSE:BAC) by 81,014 shares in the quarter, leaving it with 402,209 shares, and cut its stake in Helmerich & Payne Inc (NYSE:HP).

Flossbach Von Storch Ag, which manages about $9.59 billion US Long portfolio, upped its stake in Qualcomm Call (Call) by 450 shares to 900 shares, valued at $4.67M in 2017Q3, according to the filing. It also increased its holding in Colgate (NYSE:CL) by 161,250 shares in the quarter, for a total of 454,220 shares, and has risen its stake in Priceline Group (NASDAQ:PCLN).

Analysts await Thermo Fisher Scientific Inc. (NYSE:TMO) to report earnings on January, 30. They expect $2.66 EPS, up 10.37% or $0.25 from last year’s $2.41 per share. TMO’s profit will be $1.07B for 20.66 P/E if the $2.66 EPS becomes a reality. After $2.31 actual EPS reported by Thermo Fisher Scientific Inc. for the previous quarter, Wall Street now forecasts 15.15% EPS growth.

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.05, from 0.91 in 2017Q2. It increased, as 51 investors sold TMO shares while 383 reduced holdings. 77 funds opened positions while 339 raised stakes. 333.20 million shares or 3.09% more from 323.23 million shares in 2017Q2 were reported. Pictet North America Advsrs Sa reported 0.05% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Ci Investments Incorporated holds 648,245 shares. Amundi Pioneer Asset accumulated 2.25 million shares. Caxton Associate Lp holds 3,300 shares or 0.02% of its portfolio. Oregon Public Employees Retirement Fund has 0.13% invested in Thermo Fisher Scientific Inc. (NYSE:TMO). Daiwa Sb Invests has 7,620 shares for 0.36% of their portfolio. Eagleclaw Capital Managment Ltd Com has 0.97% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 9,025 shares. Aqr Cap Mngmt Lc has 0.05% invested in Thermo Fisher Scientific Inc. (NYSE:TMO). Quantbot Ltd Partnership holds 0% or 265 shares. 7,147 are owned by Ing Groep Nv. Howard Hughes Med Institute reported 30,000 shares. Prudential Public Limited Com holds 0.06% or 94,053 shares in its portfolio. California-based Signature Estate And Inv Advsr has invested 1.95% in Thermo Fisher Scientific Inc. (NYSE:TMO). Cap Rech Global Investors owns 18.43M shares. Cypress Capital Limited Liability holds 0.05% or 1,350 shares in its portfolio.

Among 18 analysts covering Thermo Fisher Scientific (NYSE:TMO), 17 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Thermo Fisher Scientific had 54 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Hold” rating given on Tuesday, August 22 by Jefferies. Jefferies maintained the shares of TMO in report on Friday, October 20 with “Hold” rating. On Thursday, July 23 the stock rating was maintained by Mizuho with “Buy”. The firm earned “Buy” rating on Tuesday, October 6 by Argus Research. The rating was maintained by Cowen & Co with “Buy” on Wednesday, October 25. The rating was downgraded by Jefferies on Friday, April 29 to “Hold”. Cowen & Co maintained the stock with “Buy” rating in Wednesday, October 11 report. The rating was initiated by Goldman Sachs on Tuesday, September 26 with “Buy”. Goldman Sachs upgraded the shares of TMO in report on Tuesday, December 8 to “Americas Conviction Buy List” rating. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Overweight” rating by Barclays Capital on Tuesday, July 19.

Since August 2, 2017, it had 0 insider purchases, and 7 sales for $18.71 million activity. $65,149 worth of stock was sold by HARRIS C MARTIN on Wednesday, August 30. The insider Herrema Gregory J. sold 30,000 shares worth $5.28 million. The insider Shine Daniel P sold 2,026 shares worth $366,645. The insider HOOGASIAN SETH H sold $736,092. $721,091 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) shares were sold by HORNSTRA PETER E. MANZI JIM P sold $1.96 million worth of Thermo Fisher Scientific Inc. (NYSE:TMO) on Thursday, August 17.