Barrow Hanley Mewhinney & Strauss Trimmed Its Pinnacle West Capital (PNW) Stake; Wellington Management Group Llp Trimmed Its China Lodging Group LTD (HTHT) Position

August 2, 2017 - By Richard Conner

Barrow Hanley Mewhinney & Strauss Llc decreased Pinnacle West Capital Corp (PNW) stake by 25.5% reported in 2016Q4 SEC filing. Barrow Hanley Mewhinney & Strauss Llc sold 653,051 shares as Pinnacle West Capital Corp (PNW)’s stock rose 7.46%. The Barrow Hanley Mewhinney & Strauss Llc holds 1.91 million shares with $148.91M value, down from 2.56M last quarter. Pinnacle West Capital Corp now has $9.77B valuation. The stock rose 0.49% or $0.43 reaching $87.56. About 293,407 shares traded. Pinnacle West Capital Corporation (NYSE:PNW) has risen 18.43% since August 2, 2016 and is uptrending. It has outperformed by 1.73% the S&P500.

Wellington Management Group Llp decreased China Lodging Group Ltd (HTHT) stake by 5.35% reported in 2016Q4 SEC filing. Wellington Management Group Llp sold 21,455 shares as China Lodging Group Ltd (HTHT)’s stock rose 35.67%. The Wellington Management Group Llp holds 379,435 shares with $19.67M value, down from 400,890 last quarter. China Lodging Group Ltd now has $6.81 billion valuation. The stock declined 2.48% or $2.49 reaching $97.86 per share. About 111,242 shares traded. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) has risen 127.67% since August 2, 2016 and is uptrending. It has outperformed by 110.97% the S&P500.

Among 7 analysts covering China Lodging (NASDAQ:HTHT), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. China Lodging had 13 analyst reports since August 18, 2015 according to SRatingsIntel. Zacks downgraded the stock to “Hold” rating in Thursday, August 20 report. The company was maintained on Thursday, November 12 by Macquarie Research. As per Wednesday, August 17, the company rating was maintained by Brean Capital. Goldman Sachs upgraded the stock to “Buy” rating in Thursday, October 8 report. The stock of China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) has “Buy” rating given on Monday, November 9 by TH Capital. The firm earned “Neutral” rating on Wednesday, August 19 by Credit Suisse. The rating was upgraded by Credit Suisse to “Outperform” on Wednesday, October 14. The firm earned “Equal-Weight” rating on Wednesday, August 17 by Morgan Stanley. The firm has “Outperform” rating by Credit Suisse given on Friday, February 3. The firm earned “Buy” rating on Friday, December 30 by Deutsche Bank.

Wellington Management Group Llp increased Gerdau S A (NYSE:GGB) stake by 236,158 shares to 1.50M valued at $4.71M in 2016Q4. It also upped United States Stl Corp New (NYSE:X) stake by 26,931 shares and now owns 59,820 shares. Pdl Biopharma Inc (NASDAQ:PDLI) was raised too.

Barrow Hanley Mewhinney & Strauss Llc increased Owens & Minor Inc (NYSE:OMI) stake by 48,355 shares to 203,764 valued at $7.19 million in 2016Q4. It also upped Waddell & Reed Financial Inc (NYSE:WDR) stake by 31,671 shares and now owns 89,724 shares. Loews Corp (NYSE:L) was raised too.

Analysts await Pinnacle West Capital Corporation (NYSE:PNW) to report earnings on August, 3 before the open. They expect $1.09 earnings per share, up 0.93% or $0.01 from last year’s $1.08 per share. PNW’s profit will be $121.62 million for 20.08 P/E if the $1.09 EPS becomes a reality. After $0.21 actual earnings per share reported by Pinnacle West Capital Corporation for the previous quarter, Wall Street now forecasts 419.05% EPS growth.

Investors sentiment decreased to 0.97 in 2016 Q4. Its down 0.07, from 1.04 in 2016Q3. It worsened, as 35 investors sold PNW shares while 148 reduced holdings. 44 funds opened positions while 133 raised stakes. 88.80 million shares or 0.89% more from 88.02 million shares in 2016Q3 were reported. Cambridge Invest Research Incorporated invested in 0.01% or 5,430 shares. Glenmede Na invested in 0.01% or 12,501 shares. 2,871 are held by Mirador Prtn Limited Partnership. Aqr Cap Mgmt Llc reported 0.39% in Pinnacle West Capital Corporation (NYSE:PNW). Utah Retirement owns 20,250 shares. Commonwealth Commercial Bank Of Australia holds 0.01% in Pinnacle West Capital Corporation (NYSE:PNW) or 10,944 shares. Carlson Cap Limited Partnership reported 189,640 shares stake. Mason Street Advisors Ltd Limited Liability Company holds 0.03% in Pinnacle West Capital Corporation (NYSE:PNW) or 15,226 shares. Martingale Asset Management LP holds 82,871 shares or 0.09% of its portfolio. First Republic Invest Management, a California-based fund reported 3,222 shares. Keybank National Association Oh invested in 0% or 2,846 shares. 3,440 are owned by Bb&T Secs Lc. Fifth Third Bancorp holds 2,331 shares or 0% of its portfolio. Korea Invest holds 104,400 shares. Citigroup has 0% invested in Pinnacle West Capital Corporation (NYSE:PNW).

Among 10 analysts covering Pinnacle West Capital Corporation (NYSE:PNW), 0 have Buy rating, 1 Sell and 9 Hold. Therefore 0 are positive. Pinnacle West Capital Corporation had 28 analyst reports since July 21, 2015 according to SRatingsIntel. SunTrust maintained Pinnacle West Capital Corporation (NYSE:PNW) on Monday, March 7 with “Neutral” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, June 20. The company was maintained on Monday, October 19 by SunTrust. The rating was upgraded by Bank of America to “Neutral” on Tuesday, November 22. The firm earned “Sector Perform” rating on Monday, February 22 by RBC Capital Markets. As per Tuesday, March 7, the company rating was downgraded by Williams Capital Group. As per Tuesday, January 26, the company rating was downgraded by Evercore. The rating was maintained by Mizuho with “Neutral” on Monday, February 8. SunTrust maintained Pinnacle West Capital Corporation (NYSE:PNW) on Monday, September 26 with “Neutral” rating. On Tuesday, January 17 the stock rating was upgraded by Goldman Sachs to “Neutral”.

Since February 19, 2017, it had 0 insider buys, and 14 selling transactions for $14.26 million activity. On Tuesday, March 7 the insider Schiavoni Mark A. sold $1.23 million. The insider HATFIELD JAMES R sold $1.24M. 5,000 Pinnacle West Capital Corporation (NYSE:PNW) shares with value of $423,600 were sold by GALLAGHER MICHAEL L. GULDNER JEFFREY B. sold $156,025 worth of stock. Cortese Denis A. also sold $148,918 worth of Pinnacle West Capital Corporation (NYSE:PNW) shares. The insider MUNRO KATHRYN L sold $469,328. 1,900 shares valued at $159,600 were sold by GOMEZ BARBARA M on Tuesday, May 16.