Brown Brothers Harriman & Co Holding in Oracle (ORCL) Has Cut by $11.17 Million; Cbl & Assoc Pptys (CBL) Holder R-M Sincerbeaux Capital Management Has Lifted Its Stake by $520,000 as Stock Declined

January 17, 2018 - By Louis Casey

Brown Brothers Harriman & Co decreased its stake in Oracle Corp (ORCL) by 0.88% based on its latest 2017Q3 regulatory filing with the SEC. Brown Brothers Harriman & Co sold 232,684 shares as the company’s stock rose 5.35% with the market. The institutional investor held 26.29 million shares of the prepackaged software company at the end of 2017Q3, valued at $1.27B, down from 26.53 million at the end of the previous reported quarter. Brown Brothers Harriman & Co who had been investing in Oracle Corp for a number of months, seems to be less bullish one the $207.85 billion market cap company. The stock increased 1.25% or $0.62 during the last trading session, reaching $50.21. About 18.25 million shares traded or 20.09% up from the average. Oracle Corporation (NYSE:ORCL) has risen 14.08% since January 17, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

R-M Sincerbeaux Capital Management increased its stake in Cbl & Assoc Pptys Inc (CBL) by 149.95% based on its latest 2017Q3 regulatory filing with the SEC. R-M Sincerbeaux Capital Management bought 65,000 shares as the company’s stock declined 25.56% while stock markets rallied. The institutional investor held 108,349 shares of the consumer services company at the end of 2017Q3, valued at $909,000, up from 43,349 at the end of the previous reported quarter. R-M Sincerbeaux Capital Management who had been investing in Cbl & Assoc Pptys Inc for a number of months, seems to be bullish on the $1.12B market cap company. The stock increased 0.09% or $0.005 during the last trading session, reaching $5.615. About 2.52M shares traded. CBL Properties (NYSE:CBL) has declined 23.94% since January 17, 2017 and is downtrending. It has underperformed by 40.64% the S&P500.

Among 17 analysts covering CBL & Associates Properties (NYSE:CBL), 0 have Buy rating, 8 Sell and 9 Hold. Therefore 0 are positive. CBL & Associates Properties had 41 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Wednesday, January 27 by Boenning & Scattergood. Jefferies downgraded the shares of CBL in report on Monday, November 6 to “Hold” rating. Boenning & Scattergood downgraded CBL Properties (NYSE:CBL) on Friday, November 3 to “Sell” rating. The company was maintained on Thursday, June 2 by Goldman Sachs. The firm earned “Neutral” rating on Friday, August 5 by Citigroup. The company was downgraded on Friday, November 3 by Bank of America. Jefferies downgraded the stock to “Sell” rating in Thursday, December 21 report. Stifel Nicolaus maintained CBL Properties (NYSE:CBL) rating on Wednesday, August 30. Stifel Nicolaus has “Hold” rating and $8.25 target. Stifel Nicolaus maintained CBL Properties (NYSE:CBL) on Thursday, November 2 with “Hold” rating. As per Friday, November 3, the company rating was downgraded by Wells Fargo.

R-M Sincerbeaux Capital Management, which manages about $144.73 million and $103.75 million US Long portfolio, decreased its stake in Crown Castle Intl Corp New (NYSE:CCI) by 3,500 shares to 3,000 shares, valued at $300,000 in 2017Q3, according to the filing. It also reduced its holding in Home Depot Inc (NYSE:HD) by 2,400 shares in the quarter, leaving it with 13,250 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.52, from 1.8 in 2017Q2. It worsened, as 22 investors sold CBL shares while 63 reduced holdings. 37 funds opened positions while 72 raised stakes. 159.30 million shares or 5.47% less from 168.52 million shares in 2017Q2 were reported. Panagora Asset Mgmt invested in 1.11M shares. Greenwich Inv Inc has 576,001 shares for 6.22% of their portfolio. Citigroup accumulated 0% or 239,552 shares. Kempen Management Nv holds 0.25% of its portfolio in CBL Properties (NYSE:CBL) for 390,165 shares. Invesco Ltd holds 3.70 million shares or 0.01% of its portfolio. Fifth Third Retail Bank has 0% invested in CBL Properties (NYSE:CBL) for 2,200 shares. 28,289 were reported by Mirador Cap Ptnrs Lp. State Board Of Administration Of Florida Retirement System invested in 0% or 146,335 shares. Teachers & Annuity Association Of America reported 0.04% of its portfolio in CBL Properties (NYSE:CBL). Moreover, Neuberger Berman Gp Ltd Com has 0% invested in CBL Properties (NYSE:CBL). Bank & Trust Of Mellon Corporation accumulated 0.01% or 3.06M shares. Comerica Savings Bank invested in 0.02% or 391,274 shares. Royal National Bank & Trust Of Canada holds 0% or 372,317 shares in its portfolio. Boulegeris Investments holds 0.71% or 151,603 shares. Aperio Grp Limited Liability Com holds 0% of its portfolio in CBL Properties (NYSE:CBL) for 40,359 shares.

Brown Brothers Harriman & Co, which manages about $12.77B and $18.77 billion US Long portfolio, upped its stake in Tjx Companies Inc (NYSE:TJX) by 4,916 shares to 42,605 shares, valued at $3.14 million in 2017Q3, according to the filing. It also increased its holding in O’reilly Automotive Inc (NASDAQ:ORLY) by 2,627 shares in the quarter, for a total of 6,339 shares, and has risen its stake in Henry Schein Inc (NASDAQ:HSIC).

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on March, 21. They expect $0.66 earnings per share, up 4.76% or $0.03 from last year’s $0.63 per share. ORCL’s profit will be $2.73 billion for 19.02 P/E if the $0.66 EPS becomes a reality. After $0.62 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.18, from 0.95 in 2017Q2. It increased, as 67 investors sold ORCL shares while 498 reduced holdings. 122 funds opened positions while 519 raised stakes. 2.32 billion shares or 1.54% less from 2.35 billion shares in 2017Q2 were reported. Aviva Public Limited Com invested 0.54% in Oracle Corporation (NYSE:ORCL). Miller Investment Mgmt LP holds 0.15% or 9,823 shares. Joel Isaacson & Limited Co, New York-based fund reported 8,373 shares. Jefferies Group Inc Ltd Liability Co holds 506,259 shares. Windward Mngmt Com Ca, a California-based fund reported 4,289 shares. Moreover, St Johns Mngmt Ltd Llc has 0.68% invested in Oracle Corporation (NYSE:ORCL). Capital Fund Mngmt reported 38,100 shares. Checchi Advisers Ltd Liability Co owns 0.19% invested in Oracle Corporation (NYSE:ORCL) for 39,495 shares. Nippon Life Insurance has 0.09% invested in Oracle Corporation (NYSE:ORCL) for 96,204 shares. Coastline Tru, Rhode Island-based fund reported 82,154 shares. Usa Financial Portformulas Corporation holds 0.06% of its portfolio in Oracle Corporation (NYSE:ORCL) for 5,507 shares. Reliance Of Delaware reported 58,999 shares. Hanson Mcclain Incorporated holds 0.04% or 9,225 shares. Bp Pcl reported 435,000 shares. Twin Mngmt reported 206,580 shares.

Among 38 analysts covering Oracle (NYSE:ORCL), 28 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Oracle had 103 analyst reports since July 30, 2015 according to SRatingsIntel. Argus Research upgraded the shares of ORCL in report on Friday, June 23 to “Buy” rating. Drexel Hamilton initiated the shares of ORCL in report on Saturday, October 10 with “Buy” rating. The rating was maintained by Raymond James on Friday, September 15 with “Buy”. The firm earned “Buy” rating on Friday, April 28 by Benchmark. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, September 14. Canaccord Genuity maintained Oracle Corporation (NYSE:ORCL) rating on Monday, May 29. Canaccord Genuity has “Buy” rating and $49 target. Stifel Nicolaus maintained Oracle Corporation (NYSE:ORCL) rating on Friday, December 16. Stifel Nicolaus has “Buy” rating and $44 target. Jefferies maintained it with “Buy” rating and $60.0 target in Friday, August 25 report. The rating was maintained by Barclays Capital with “Overweight” on Friday, September 15. Jefferies maintained Oracle Corporation (NYSE:ORCL) rating on Monday, July 24. Jefferies has “Buy” rating and $6000 target.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: