Avnet, Inc. (AVT) EPS Estimated At $0.72; Bamco Lowered Its Marriott Intl (MAR) Position

January 14, 2018 - By Winifred Garcia

Bamco Inc decreased Marriott Intl Inc (MAR) stake by 4.14% reported in 2017Q3 SEC filing. Bamco Inc sold 7,828 shares as Marriott Intl Inc (MAR)’s stock rose 15.06%. The Bamco Inc holds 181,277 shares with $19.99M value, down from 189,105 last quarter. Marriott Intl Inc now has $50.96 billion valuation. The stock increased 0.25% or $0.35 during the last trading session, reaching $139.78. About 1.81M shares traded. Marriott International, Inc. (NASDAQ:MAR) has risen 58.26% since January 14, 2017 and is uptrending. It has outperformed by 41.56% the S&P500.

Analysts expect Avnet, Inc. (NYSE:AVT) to report $0.72 EPS on January, 25.They anticipate $0.05 EPS change or 6.49% from last quarter’s $0.77 EPS. AVT’s profit would be $87.07M giving it 14.50 P/E if the $0.72 EPS is correct. After having $0.76 EPS previously, Avnet, Inc.’s analysts see -5.26% EPS growth. The stock decreased 0.07% or $0.03 during the last trading session, reaching $41.75. About 971,193 shares traded or 12.06% up from the average. Avnet, Inc. (NYSE:AVT) has declined 4.87% since January 14, 2017 and is downtrending. It has underperformed by 21.57% the S&P500.

Bamco Inc increased Yext Inc stake by 222,238 shares to 1.48M valued at $19.67 million in 2017Q3. It also upped Impinj Inc stake by 30,000 shares and now owns 80,000 shares. Under Armour Inc (NYSE:UA) was raised too.

Since August 11, 2017, it had 0 insider purchases, and 17 sales for $28.13 million activity. The insider MARRIOTT J W JR sold 26,362 shares worth $2.68M. Juliana B. Marriott Marital Trust also sold $3.00 million worth of Marriott International, Inc. (NASDAQ:MAR) on Friday, August 11. Shares for $462,245 were sold by Ryan Edward A on Friday, September 1. DUNCAN BRUCE W sold 8,644 shares worth $1.12M. On Tuesday, August 15 the insider Marriott David S sold $844,265. Kyriakidis Argiris sold $323,520 worth of stock. Rodriguez David A also sold $1.01 million worth of Marriott International, Inc. (NASDAQ:MAR) shares.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.09, from 1.01 in 2017Q2. It fall, as 44 investors sold MAR shares while 224 reduced holdings. 66 funds opened positions while 180 raised stakes. 236.59 million shares or 1.84% less from 241.03 million shares in 2017Q2 were reported. Moreover, Qs Ltd Llc has 0% invested in Marriott International, Inc. (NASDAQ:MAR). 1.11M were accumulated by Royal Financial Bank Of Canada. Oppenheimer Asset Mgmt has 0% invested in Marriott International, Inc. (NASDAQ:MAR) for 1,375 shares. Bb&T Corporation holds 0.07% in Marriott International, Inc. (NASDAQ:MAR) or 32,742 shares. Raymond James Tru Na stated it has 0.02% of its portfolio in Marriott International, Inc. (NASDAQ:MAR). 11,160 were reported by Cetera Advisor Net Ltd Liability Corp. Tiverton Asset Mgmt Ltd Limited Liability Company accumulated 104,637 shares. First Midwest Fincl Bank Tru Division has 0.19% invested in Marriott International, Inc. (NASDAQ:MAR). The Colorado-based Cetera Advisors Limited Liability has invested 0.02% in Marriott International, Inc. (NASDAQ:MAR). Illinois-based Rothschild Il has invested 0.05% in Marriott International, Inc. (NASDAQ:MAR). Macquarie Gru Ltd holds 110,632 shares. Sheets Smith Wealth accumulated 7,509 shares. 2,900 were reported by Hilton Cap Lc. Hl Services Llc owns 17,941 shares. Veritable LP reported 46,655 shares stake.

Analysts await Marriott International, Inc. (NASDAQ:MAR) to report earnings on February, 21. They expect $0.99 EPS, up 16.47% or $0.14 from last year’s $0.85 per share. MAR’s profit will be $360.93M for 35.30 P/E if the $0.99 EPS becomes a reality. After $1.10 actual EPS reported by Marriott International, Inc. for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

Among 20 analysts covering Marriott International (NASDAQ:MAR), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. Marriott International has $130 highest and $61.0 lowest target. $100.95’s average target is -27.78% below currents $139.78 stock price. Marriott International had 56 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained Marriott International, Inc. (NASDAQ:MAR) rating on Wednesday, November 4. RBC Capital Markets has “Outperform” rating and $88 target. Robert W. Baird maintained it with “Neutral” rating and $103 target in Tuesday, August 8 report. The stock of Marriott International, Inc. (NASDAQ:MAR) has “Market Perform” rating given on Friday, September 23 by Telsey Advisory Group. The firm has “Hold” rating given on Tuesday, October 10 by Stifel Nicolaus. The rating was upgraded by Wolfe Research on Wednesday, August 30 to “Outperform”. The firm has “Overweight” rating by Morgan Stanley given on Monday, September 26. As per Friday, September 22, the company rating was maintained by RBC Capital Markets. The company was upgraded on Wednesday, August 5 by Evercore. Robert W. Baird maintained Marriott International, Inc. (NASDAQ:MAR) rating on Friday, November 10. Robert W. Baird has “Neutral” rating and $115 target. The stock has “Market Perform” rating by Telsey Advisory Group on Friday, February 17.

Among 10 analysts covering Avnet Inc. (NYSE:AVT), 0 have Buy rating, 2 Sell and 8 Hold. Therefore 0 are positive. Avnet Inc. had 29 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Avnet, Inc. (NYSE:AVT) earned “Neutral” rating by Bank of America on Wednesday, April 27. The stock of Avnet, Inc. (NYSE:AVT) has “Sell” rating given on Thursday, September 22 by Citigroup. The firm earned “Hold” rating on Thursday, October 26 by SunTrust. The firm has “Sell” rating given on Friday, October 27 by Citigroup. The stock of Avnet, Inc. (NYSE:AVT) has “Buy” rating given on Friday, October 21 by Longbow. As per Friday, January 5, the company rating was upgraded by Goldman Sachs. Stifel Nicolaus maintained it with “Hold” rating and $4000 target in Wednesday, August 9 report. Cross Research upgraded Avnet, Inc. (NYSE:AVT) on Friday, October 27 to “Hold” rating. On Friday, January 22 the stock rating was upgraded by Longbow to “Buy”. The rating was maintained by SunTrust with “Hold” on Wednesday, October 11.

Avnet, Inc., together with its subsidiaries, distributes electronic components worldwide. The company has market cap of $5.05 billion. The firm operates through two divisions, Electronic Components and Premier Farnell. It has a 10.3 P/E ratio. The Electronic Components segment markets and sells semiconductors; electronic components, including interconnect, passive and electromechanical devices; and other integrated components from electronic component manufacturers.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.15, from 0.84 in 2017Q2. It is positive, as 31 investors sold Avnet, Inc. shares while 107 reduced holdings. 45 funds opened positions while 91 raised stakes. 112.60 million shares or 3.41% less from 116.57 million shares in 2017Q2 were reported. Wedge L Lp Nc has invested 0.01% in Avnet, Inc. (NYSE:AVT). New Hampshire-based Ledyard Bancshares has invested 0.01% in Avnet, Inc. (NYSE:AVT). Commonwealth National Bank Of Aus reported 54,686 shares. Texas Permanent School Fund owns 0.05% invested in Avnet, Inc. (NYSE:AVT) for 89,842 shares. Parkside Fincl Bank And reported 23 shares or 0% of all its holdings. Euclidean Technologies Management Llc has invested 1.66% of its portfolio in Avnet, Inc. (NYSE:AVT). South Dakota Inv Council reported 0.09% stake. Mason Street Ltd Liability Corporation holds 0.06% or 61,081 shares. Wells Fargo & Mn accumulated 0.01% or 530,346 shares. Td Asset Management stated it has 0% in Avnet, Inc. (NYSE:AVT). State Of Wisconsin Inv Board has 91,547 shares. Moreover, Natixis has 0.01% invested in Avnet, Inc. (NYSE:AVT) for 15,269 shares. Thrivent For Lutherans reported 26,220 shares or 0% of all its holdings. Ls Inv Advisors Ltd Liability Corporation holds 0.03% of its portfolio in Avnet, Inc. (NYSE:AVT) for 13,678 shares. 1.30M were accumulated by Northern Trust.

Since August 17, 2017, it had 0 insider purchases, and 1 sale for $393,260 activity. 10,600 shares were sold by BIGGINS J VERONICA, worth $393,260 on Thursday, August 17.

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