Fairview Capital Investment Management Lifted Its United Parcel Service (UPS) Position; Allstate Lowered By $3.29 Million Its General Dynamics (GD) Holding

December 13, 2017 - By Marie Mckinney

Fairview Capital Investment Management Llc increased United Parcel Service (UPS) stake by 4.6% reported in 2017Q2 SEC filing. Fairview Capital Investment Management Llc acquired 13,475 shares as United Parcel Service (UPS)’s stock declined 3.26%. The Fairview Capital Investment Management Llc holds 306,381 shares with $33.88M value, up from 292,906 last quarter. United Parcel Service now has $101.82 billion valuation. The stock increased 0.09% or $0.11 during the last trading session, reaching $118.16. About 2.54 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since December 13, 2016 and is uptrending. It has underperformed by 14.60% the S&P500.

Allstate Corp decreased General Dynamics Corp (GD) stake by 68.16% reported in 2017Q2 SEC filing. Allstate Corp sold 16,628 shares as General Dynamics Corp (GD)’s stock rose 3.60%. The Allstate Corp holds 7,766 shares with $1.54M value, down from 24,394 last quarter. General Dynamics Corp now has $58.58B valuation. The stock decreased 1.73% or $3.46 during the last trading session, reaching $196.18. About 1.96M shares traded or 86.86% up from the average. General Dynamics Corporation (NYSE:GD) has risen 36.41% since December 13, 2016 and is uptrending. It has outperformed by 19.71% the S&P500.

Allstate Corp increased Bank Amer Corp (NYSE:BAC) stake by 121,805 shares to 265,290 valued at $6.44M in 2017Q2. It also upped Amgen Inc (NASDAQ:AMGN) stake by 3,328 shares and now owns 19,657 shares. Microsoft Corp (NASDAQ:MSFT) was raised too.

Among 19 analysts covering General Dynamics Corporation (NYSE:GD), 12 have Buy rating, 1 Sell and 6 Hold. Therefore 63% are positive. General Dynamics Corporation had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, October 29 by RBC Capital Markets. The rating was maintained by Jefferies with “Buy” on Friday, August 11. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, April 28 report. The firm has “Hold” rating given on Thursday, October 26 by Stifel Nicolaus. The firm has “Buy” rating by RBC Capital Markets given on Friday, August 11. RBC Capital Markets maintained the shares of GD in report on Friday, September 15 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Friday, July 7. The stock of General Dynamics Corporation (NYSE:GD) has “Buy” rating given on Wednesday, July 26 by Cowen & Co. On Monday, October 9 the stock rating was maintained by Citigroup with “Neutral”. The rating was maintained by Jefferies on Wednesday, October 25 with “Buy”.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on January, 26. They expect $2.40 earnings per share, down 8.40% or $0.22 from last year’s $2.62 per share. GD’s profit will be $716.60M for 20.44 P/E if the $2.40 EPS becomes a reality. After $2.52 actual earnings per share reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -4.76% negative EPS growth.

Investors sentiment increased to 1.08 in 2017 Q2. Its up 0.17, from 0.91 in 2017Q1. It increased, as 42 investors sold GD shares while 358 reduced holdings. 88 funds opened positions while 275 raised stakes. 256.53 million shares or 1.25% less from 259.78 million shares in 2017Q1 were reported. The Wisconsin-based Legacy Private Trust has invested 0.49% in General Dynamics Corporation (NYSE:GD). Holderness invested in 3,420 shares or 0.36% of the stock. Gemmer Asset Management Llc holds 0.03% in General Dynamics Corporation (NYSE:GD) or 351 shares. Panagora Asset Mgmt Inc invested 0.02% of its portfolio in General Dynamics Corporation (NYSE:GD). Savant Cap Limited accumulated 0.08% or 1,789 shares. Avalon Ltd Liability Com, Texas-based fund reported 41,033 shares. Raymond James Na reported 0.32% of its portfolio in General Dynamics Corporation (NYSE:GD). Spinnaker, Maine-based fund reported 3,123 shares. Highvista Strategies Ltd Liability Corporation has invested 0.75% in General Dynamics Corporation (NYSE:GD). Country Fincl Bank invested in 590 shares or 0.01% of the stock. Global X Mngmt Company Limited Liability holds 0.01% in General Dynamics Corporation (NYSE:GD) or 891 shares. Silvercrest Asset Grp Ltd Com invested in 0.06% or 26,177 shares. Peoples Fin has 1,175 shares for 0.14% of their portfolio. Seaward Partnership holds 1,169 shares or 0.01% of its portfolio. Laurion Management LP owns 82,051 shares for 0.09% of their portfolio.

Fairview Capital Investment Management Llc decreased Teleflex Inc (NYSE:TFX) stake by 3,665 shares to 198,292 valued at $41.20 million in 2017Q2. It also reduced Ishares Barclays 1 (CSJ) stake by 7,915 shares and now owns 132,295 shares. Sba Communications Corporation was reduced too.

Investors sentiment increased to 1.14 in 2017 Q2. Its up 0.09, from 1.05 in 2017Q1. It increased, as 61 investors sold UPS shares while 410 reduced holdings. 91 funds opened positions while 402 raised stakes. 447.95 million shares or 1.37% less from 454.16 million shares in 2017Q1 were reported. 2.87 million are held by Epoch Investment Incorporated. Schwartz Invest Counsel reported 2.89% stake. Cap One Association owns 2,081 shares for 0.02% of their portfolio. Buckingham Asset Management Limited Com accumulated 7,232 shares or 0.19% of the stock. Sequoia Financial Limited Liability invested in 7,239 shares. Convergence Invest Partners Ltd Liability stated it has 8,930 shares. Covington Cap Mgmt invested 0.5% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). 54,259 were reported by Whittier. Manchester Cap Management Llc has invested 43.71% in United Parcel Service, Inc. (NYSE:UPS). Fort Washington Investment Advisors Oh reported 48,908 shares. 3,705 were accumulated by Tower Bridge Advsrs. Howland Cap Mgmt Limited Liability Co holds 1.54% in United Parcel Service, Inc. (NYSE:UPS) or 164,433 shares. Smithfield holds 8,378 shares. Shoker Investment Counsel, a Ohio-based fund reported 11,656 shares. Flippin Bruce & Porter holds 1.13% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 45,280 shares.

Among 20 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. United Parcel Service had 53 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Wednesday, February 8 by Aegis Capital. Citigroup maintained United Parcel Service, Inc. (NYSE:UPS) on Friday, April 29 with “Neutral” rating. Citigroup upgraded the shares of UPS in report on Tuesday, August 8 to “Buy” rating. Argus Research maintained the shares of UPS in report on Tuesday, August 2 with “Buy” rating. The stock has “Hold” rating by Robert W. Baird on Thursday, October 5. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, July 27 report. The company was maintained on Wednesday, July 5 by BMO Capital Markets. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Tuesday, December 20 by Loop Capital. The stock has “Hold” rating by Zacks on Tuesday, September 1. S&P Research maintained the shares of UPS in report on Tuesday, September 22 with “Buy” rating.

Since August 22, 2017, it had 0 insider purchases, and 1 sale for $2.02 million activity. 17,699 shares valued at $2.02 million were sold by Gershenhorn Alan on Tuesday, August 22.

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