Edgestream Partners LP Has Trimmed Salesforce Com (CRM) Stake; 10 Analysts Are Bullish Ocado Group plc (LON:OCDO) Last Week

February 24, 2018 - By Clifton Ray

Edgestream Partners Lp decreased Salesforce Com Inc (CRM) stake by 56.32% reported in 2017Q3 SEC filing. Edgestream Partners Lp sold 12,478 shares as Salesforce Com Inc (CRM)’s stock rose 7.28%. The Edgestream Partners Lp holds 9,678 shares with $904,000 value, down from 22,156 last quarter. Salesforce Com Inc now has $83.04 billion valuation. The stock increased 1.73% or $1.96 during the last trading session, reaching $114.96. About 4.17M shares traded. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since February 24, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

Among 19 analysts covering Ocado Group Plc (LON:OCDO), 10 have Buy rating, 6 Sell and 3 Hold. Therefore 53% are positive. Ocado Group Plc had 197 analyst reports since August 7, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Sell” rating in Wednesday, February 7 report. Peel Hunt maintained the stock with “Buy” rating in Friday, January 19 report. The firm has “Conviction Buy” rating given on Friday, August 14 by Goldman Sachs. The firm earned “Not Rated” rating on Tuesday, February 6 by Shore Capital. The firm has “Buy” rating given on Friday, February 16 by Citigroup. The firm has “Conviction Buy” rating by Goldman Sachs given on Friday, August 19. The rating was maintained by Morgan Stanley with “Overweight” on Monday, July 4. As per Monday, January 22, the company rating was maintained by Peel Hunt. The company was maintained on Monday, February 29 by Numis Securities. Numis Securities maintained the shares of OCDO in report on Thursday, December 8 with “Buy” rating. See Ocado Group plc (LON:OCDO) latest ratings:

19/02/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 570.00 New Target: GBX 570.00 Maintain
19/02/2018 Broker: Citigroup Rating: Buy Old Target: GBX 585.00 New Target: GBX 585.00 Maintain
16/02/2018 Broker: Citigroup Rating: Buy New Target: GBX 585.00 Maintain
14/02/2018 Broker: RBC Capital Markets Rating: Sector Performer Old Target: GBX 525.00 New Target: GBX 475.00 Maintain
14/02/2018 Broker: Peel Hunt Rating: Buy Old Target: GBX 520.00 New Target: GBX 570.00 Maintain
13/02/2018 Broker: Goldman Sachs Rating: Conviction Buy Old Target: GBX 560.00 New Target: GBX 540.00 Maintain
07/02/2018 Broker: Numis Securities Rating: Buy Old Target: GBX 600.00 New Target: GBX 600.00 Maintain
06/02/2018 Broker: Shore Capital Rating: Not Rated Maintain
07/02/2018 Broker: JP Morgan Rating: Overweight Maintain
07/02/2018 Broker: Citigroup Rating: Buy Old Target: GBX 400.00 New Target: GBX 400.00 Maintain

Among 51 analysts covering Salesforce.com (NYSE:CRM), 45 have Buy rating, 1 Sell and 5 Hold. Therefore 88% are positive. Salesforce.com had 204 analyst reports since August 21, 2015 according to SRatingsIntel. Wells Fargo maintained it with “Buy” rating and $130.0 target in Wednesday, November 22 report. The rating was maintained by Oppenheimer on Wednesday, August 19 with “Buy”. The stock has “Buy” rating by TH Capital on Thursday, November 19. On Wednesday, November 8 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Buy” rating by Roth Capital on Friday, October 27. On Thursday, May 19 the stock rating was maintained by FBN Securities with “Outperform”. The firm has “Overweight” rating given on Tuesday, November 10 by Barclays Capital. The rating was maintained by RBC Capital Markets on Friday, October 6 with “Buy”. The stock of Salesforce.com, inc. (NYSE:CRM) has “Hold” rating given on Friday, August 28 by Wedbush. The firm earned “Outperform” rating on Monday, August 24 by William Blair.

Since August 24, 2017, it had 2 insider purchases, and 95 selling transactions for $75.79 million activity. BLOCK KEITH sold $732,423 worth of stock. Benioff Marc had sold 10,000 shares worth $1.09 million. On Thursday, October 26 the insider Hawkins Mark J sold $863,251. $13,442 worth of Salesforce.com, inc. (NYSE:CRM) shares were sold by Roos John Victor. On Friday, August 25 the insider Weaver Amy E sold $96,928. Another trade for 1,548 shares valued at $161,971 was sold by Conway Craig. Harris Parker had sold 1,850 shares worth $209,383.

Edgestream Partners Lp increased American Tower Corp New (NYSE:AMT) stake by 15,203 shares to 18,682 valued at $2.55 million in 2017Q3. It also upped Intuitive Surgical Inc (NASDAQ:ISRG) stake by 635 shares and now owns 1,138 shares. Nextera Energy Inc (NYSE:NEE) was raised too.

Investors sentiment decreased to 1.34 in 2017 Q3. Its down 0.04, from 1.38 in 2017Q2. It fall, as 40 investors sold CRM shares while 234 reduced holdings. 73 funds opened positions while 295 raised stakes. 609.74 million shares or 0.30% less from 611.55 million shares in 2017Q2 were reported. Exxonmobil Inv Mgmt Inc Tx reported 0.29% in Salesforce.com, inc. (NYSE:CRM). 4,618 are held by Bell Retail Bank. 6.97 million are held by Ameriprise Inc. Compton Cap Mgmt Ri reported 6,301 shares stake. Mu Investments Co Limited stated it has 0.04% of its portfolio in Salesforce.com, inc. (NYSE:CRM). 6,133 are held by Bremer Trust Association. 72,133 are owned by Envestnet Asset Mgmt. Lone Pine Cap Lc holds 2.85% or 6.27 million shares in its portfolio. Moreover, Kingdon Cap Mgmt Lc has 1.04% invested in Salesforce.com, inc. (NYSE:CRM). Advantus Incorporated stated it has 0.17% of its portfolio in Salesforce.com, inc. (NYSE:CRM). Mariner Wealth Advisors Ltd Co owns 3,160 shares. 112,624 were reported by Middleton And Inc Ma. Lpl Finance Ltd Liability Corp accumulated 73,637 shares. Oak Assoc Ltd Oh owns 53,150 shares or 0.37% of their US portfolio. 680 were reported by Blume Capital Mgmt.

Analysts await Salesforce.com, inc. (NYSE:CRM) to report earnings on February, 28 after the close. They expect $0.11 earnings per share, up 450.00% or $0.09 from last year’s $0.02 per share. CRM’s profit will be $79.45M for 261.27 P/E if the $0.11 EPS becomes a reality. After $0.15 actual earnings per share reported by Salesforce.com, inc. for the previous quarter, Wall Street now forecasts -26.67% negative EPS growth.

Ocado Group plc operates as an online grocery retailer in the United Kingdom. The company has market cap of 3.29 billion GBP. It primarily offers pet, kitchen and dining, and beauty products under the Ocado, Fetch, Sizzle, and Fabled names. It has a 2610 P/E ratio. The firm also engages in the development and monetization of intellectual property and technology used for the online retailing, logistics, and distribution of grocery and consumer goods.

The stock increased 2.11% or GBX 10.8 during the last trading session, reaching GBX 522. About 1.28M shares traded. Ocado Group plc (LON:OCDO) has 0.00% since February 24, 2017 and is . It has underperformed by 16.70% the S&P500.

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