Jabre Capital Partners Sa Trimmed Holding in Illumina (ILMN) by $1.59 Million as Valuation Rose; As Kimberly (KMB) Share Price Declined, Wallington Asset Management Lowered by $343,863 Its Holding

January 17, 2018 - By wolcottdaily

Philippe Jabre decreased its stake in Illumina Inc (ILMN) by 33.33% based on its latest 2017Q3 regulatory filing with the SEC. Jabre Capital Partners Sa sold 8,000 shares as the company’s stock rose 8.35% with the market. The hedge fund run by Philippe Jabre held 16,000 shares of the capital goods company at the end of 2017Q3, valued at $3.19 million, down from 24,000 at the end of the previous reported quarter. Jabre Capital Partners Sa who had been investing in Illumina Inc for a number of months, seems to be less bullish one the $35.30 billion market cap company. The stock increased 0.15% or $0.37 during the last trading session, reaching $241.79. About 595,471 shares traded. Illumina, Inc. (NASDAQ:ILMN) has risen 28.24% since January 17, 2017 and is uptrending. It has outperformed by 11.54% the S&P500.

Wallington Asset Management Llc decreased its stake in Kimberly (KMB) by 4.73% based on its latest 2017Q3 regulatory filing with the SEC. Wallington Asset Management Llc sold 2,939 shares as the company’s stock declined 3.59% while stock markets rallied. The institutional investor held 59,155 shares of the containers and packaging company at the end of 2017Q3, valued at $6.96M, down from 62,094 at the end of the previous reported quarter. Wallington Asset Management Llc who had been investing in Kimberly for a number of months, seems to be less bullish one the $41.00 billion market cap company. The stock increased 2.01% or $2.3 during the last trading session, reaching $116.56. About 2.37M shares traded or 7.27% up from the average. Kimberly-Clark Corporation (NYSE:KMB) has risen 0.32% since January 17, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.24, from 1.34 in 2017Q2. It is negative, as 33 investors sold ILMN shares while 167 reduced holdings. 55 funds opened positions while 165 raised stakes. 131.54 million shares or 1.36% less from 133.36 million shares in 2017Q2 were reported. Cambridge Inv Rech Advisors invested in 0.01% or 3,530 shares. Next Fin Gru invested in 3,319 shares. Mirae Asset Glob Limited reported 17,745 shares. Sg Americas Securities has 0.04% invested in Illumina, Inc. (NASDAQ:ILMN) for 21,146 shares. Hbk Invests LP accumulated 2,085 shares. Barometer Capital Mgmt Inc reported 22,100 shares stake. Congress Asset Management Com Ma holds 0.1% in Illumina, Inc. (NASDAQ:ILMN) or 32,091 shares. 1.90 million are owned by Primecap Management Ca. Eastern Savings Bank has invested 0.02% in Illumina, Inc. (NASDAQ:ILMN). Suntrust Banks Inc accumulated 0.01% or 5,725 shares. Deutsche Bank & Trust Ag has invested 0.04% of its portfolio in Illumina, Inc. (NASDAQ:ILMN). Nippon Life Insurance owns 0.03% invested in Illumina, Inc. (NASDAQ:ILMN) for 6,800 shares. Tiaa Cref Inv Lc reported 1.50 million shares. Advisory Service Networks Ltd Liability holds 0.01% or 487 shares. Bokf Na invested 0.03% of its portfolio in Illumina, Inc. (NASDAQ:ILMN).

Analysts await Illumina, Inc. (NASDAQ:ILMN) to report earnings on January, 30. They expect $1.18 EPS, up 38.82% or $0.33 from last year’s $0.85 per share. ILMN’s profit will be $172.28 million for 51.23 P/E if the $1.18 EPS becomes a reality. After $1.11 actual EPS reported by Illumina, Inc. for the previous quarter, Wall Street now forecasts 6.31% EPS growth.

Jabre Capital Partners Sa, which manages about $514.37 million US Long portfolio, upped its stake in Wells Fargo Co New (NYSE:WFC) by 15,000 shares to 245,000 shares, valued at $13.51M in 2017Q3, according to the filing. It also increased its holding in Advanced Micro Devices Inc (NASDAQ:AMD) by 600,000 shares in the quarter, for a total of 1.10M shares, and has risen its stake in Advanced Micro Devices Inc (Call) (NASDAQ:AMD).

Since August 1, 2017, it had 0 insider buys, and 23 sales for $47.02 million activity. The insider FLATLEY JAY T sold 20,000 shares worth $4.47 million. Stapley Marc sold 2,000 shares worth $393,600. The insider Ronaghi Mostafa sold 20,000 shares worth $4.20 million. Dadswell Charles sold $29,323 worth of Illumina, Inc. (NASDAQ:ILMN) on Tuesday, October 3. $259,013 worth of Illumina, Inc. (NASDAQ:ILMN) was sold by Van Oene Mark on Thursday, October 12. EASTHAM KARIN had sold 10,800 shares worth $2.11M on Wednesday, August 2.

Among 28 analysts covering Illumina Inc (NASDAQ:ILMN), 17 have Buy rating, 1 Sell and 10 Hold. Therefore 61% are positive. Illumina Inc had 85 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by Canaccord Genuity given on Tuesday, October 11. The firm earned “Neutral” rating on Tuesday, October 6 by Mizuho. Cantor Fitzgerald downgraded it to “Hold” rating and $165 target in Tuesday, April 19 report. On Wednesday, January 3 the stock rating was initiated by Evercore with “Buy”. The stock of Illumina, Inc. (NASDAQ:ILMN) earned “Hold” rating by Canaccord Genuity on Thursday, February 4. The stock of Illumina, Inc. (NASDAQ:ILMN) earned “Neutral” rating by Janney Capital on Wednesday, July 22. The stock of Illumina, Inc. (NASDAQ:ILMN) has “Equal-Weight” rating given on Wednesday, October 25 by Barclays Capital. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, May 3. The stock of Illumina, Inc. (NASDAQ:ILMN) has “Buy” rating given on Wednesday, January 3 by Piper Jaffray. Piper Jaffray maintained Illumina, Inc. (NASDAQ:ILMN) rating on Tuesday, October 6. Piper Jaffray has “Overweight” rating and $220 target.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.01, from 0.97 in 2017Q2. It dived, as 64 investors sold KMB shares while 404 reduced holdings. 84 funds opened positions while 363 raised stakes. 245.40 million shares or 1.70% more from 241.30 million shares in 2017Q2 were reported. Marco Invest Management Ltd Liability Company, Georgia-based fund reported 66,497 shares. Pennsylvania-based Logan Mgmt has invested 0.21% in Kimberly-Clark Corporation (NYSE:KMB). Zebra Cap Ltd Liability Com accumulated 13,761 shares. First Allied Advisory Inc has invested 0.08% in Kimberly-Clark Corporation (NYSE:KMB). Bellecapital holds 0.25% in Kimberly-Clark Corporation (NYSE:KMB) or 1,780 shares. Legg Mason Asset (Japan) Limited holds 18,300 shares. Jones Fincl Lllp invested in 0% or 3,713 shares. Norinchukin Financial Bank The reported 0.07% stake. Smithfield Trust Com stated it has 6,866 shares. First Personal Fin Service holds 0.03% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB) for 1,365 shares. Chevy Chase Tru stated it has 0.17% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Wealth Enhancement Advisory Ltd Llc invested in 0.07% or 7,129 shares. Horizon Kinetics Limited Liability Company has invested 0.01% in Kimberly-Clark Corporation (NYSE:KMB). Autus Asset Mgmt Limited Liability, a Arizona-based fund reported 2,780 shares. Penobscot Inv Management Communications invested 0.26% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB).

Wallington Asset Management Llc, which manages about $499.10M and $376.94M US Long portfolio, upped its stake in Spdr S&P 500 Etf (SPY) by 2,995 shares to 11,025 shares, valued at $2.77M in 2017Q3, according to the filing. It also increased its holding in Johnson & Johnson (NYSE:JNJ) by 2,875 shares in the quarter, for a total of 88,175 shares, and has risen its stake in Visa Inc. (NYSE:V).

Analysts await Kimberly-Clark Corporation (NYSE:KMB) to report earnings on January, 23. They expect $1.55 EPS, up 6.90% or $0.10 from last year’s $1.45 per share. KMB’s profit will be $545.23M for 18.80 P/E if the $1.55 EPS becomes a reality. After $1.60 actual EPS reported by Kimberly-Clark Corporation for the previous quarter, Wall Street now forecasts -3.13% negative EPS growth.

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