Select Equity Group LP Position in Expeditors Intl Wash (EXPD) Upped by $78.29 Billion as Share Price Declined; Newell Brands (NWL) Shares Rose While Croft-Leominster Has Raised Stake by $2.88 Million

January 16, 2018 - By Louis Casey

Croft-Leominster Inc increased its stake in Newell Brands Inc (NWL) by 81.37% based on its latest 2017Q3 regulatory filing with the SEC. Croft-Leominster Inc bought 68,528 shares as the company’s stock rose 13.21% with the market. The institutional investor held 152,741 shares of the plastic products company at the end of 2017Q3, valued at $6.52M, up from 84,213 at the end of the previous reported quarter. Croft-Leominster Inc who had been investing in Newell Brands Inc for a number of months, seems to be bullish on the $15.50B market cap company. The stock decreased 1.98% or $0.6399 during the last trading session, reaching $31.6201. About 787,377 shares traded. Newell Brands Inc. (NYSE:NWL) has risen 11.94% since January 16, 2017 and is uptrending. It has underperformed by 4.76% the S&P500.

Robert Joseph Caruso increased its stake in Expeditors Intl Wash Inc (EXPD) by 65.26% based on its latest 2017Q3 regulatory filing with the SEC. Select Equity Group Lp bought 1.31 million shares as the company’s stock declined 6.64% while stock markets rallied. The hedge fund run by Robert Joseph Caruso held 3.31 million shares of the transportation company at the end of 2017Q3, valued at $198.26B, up from 2.00 million at the end of the previous reported quarter. Select Equity Group Lp who had been investing in Expeditors Intl Wash Inc for a number of months, seems to be bullish on the $11.77B market cap company. The stock decreased 0.78% or $0.52 during the last trading session, reaching $66.21. About 108,216 shares traded. Expeditors International of Washington, Inc. (NASDAQ:EXPD) has risen 10.45% since January 16, 2017 and is uptrending. It has underperformed by 6.25% the S&P500.

Select Equity Group Lp, which manages about $13.68 billion and $13181.55B US Long portfolio, decreased its stake in National Oilwell Varco Inc (NYSE:NOV) by 6,384 shares to 737,894 shares, valued at $26.36B in 2017Q3, according to the filing. It also reduced its holding in Mgic Invt Corp Wis (NYSE:MTG) by 87,478 shares in the quarter, leaving it with 1.92M shares, and cut its stake in Idexx Labs Inc (NASDAQ:IDXX).

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.02, from 1.06 in 2017Q2. It is negative, as 29 investors sold EXPD shares while 155 reduced holdings. 43 funds opened positions while 149 raised stakes. 160.89 million shares or 0.51% less from 161.72 million shares in 2017Q2 were reported. Btim invested 0.13% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Sun Life Financial holds 0.01% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD) for 1,331 shares. Macquarie Ltd invested 0.03% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Tower Ltd Liability Corp (Trc), a New York-based fund reported 353 shares. Nichols And Pratt Advisers Ltd Liability Partnership Ma holds 1.08% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD) for 201,746 shares. Veritable Limited Partnership owns 0.01% invested in Expeditors International of Washington, Inc. (NASDAQ:EXPD) for 10,610 shares. Smithfield invested 0.06% in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Royal State Bank Of Canada holds 0.01% in Expeditors International of Washington, Inc. (NASDAQ:EXPD) or 231,198 shares. New York State Common Retirement Fund has invested 0.05% in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Arcadia Investment Mgmt Mi owns 11,482 shares. Natl Pension Service reported 207,740 shares. Renaissance Limited Liability holds 0.01% or 146,500 shares. Cwm Lc holds 1.58% of its portfolio in Expeditors International of Washington, Inc. (NASDAQ:EXPD) for 556,794 shares. Schroder Management Grp has invested 0.02% in Expeditors International of Washington, Inc. (NASDAQ:EXPD). Franklin has invested 0% in Expeditors International of Washington, Inc. (NASDAQ:EXPD).

Among 15 analysts covering Expeditors International of Washington (NASDAQ:EXPD), 3 have Buy rating, 2 Sell and 10 Hold. Therefore 20% are positive. Expeditors International of Washington had 41 analyst reports since August 11, 2015 according to SRatingsIntel. Barclays Capital upgraded Expeditors International of Washington, Inc. (NASDAQ:EXPD) rating on Friday, April 15. Barclays Capital has “Overweight” rating and $58 target. UBS downgraded Expeditors International of Washington, Inc. (NASDAQ:EXPD) on Thursday, January 7 to “Sell” rating. The company was downgraded on Thursday, January 7 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus on Monday, September 11 with “Hold”. On Monday, August 31 the stock rating was downgraded by Zacks to “Buy”. Stifel Nicolaus maintained Expeditors International of Washington, Inc. (NASDAQ:EXPD) on Thursday, August 10 with “Hold” rating. The rating was maintained by Cowen & Co on Tuesday, August 8 with “Hold”. The firm has “Equal-Weight” rating given on Monday, October 5 by Barclays Capital. Cowen & Co maintained Expeditors International of Washington, Inc. (NASDAQ:EXPD) on Wednesday, November 8 with “Hold” rating. Cowen & Co initiated it with “Market Perform” rating and $53 target in Friday, March 18 report.

Among 19 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Newell Rubbermaid Inc. had 53 analyst reports since August 4, 2015 according to SRatingsIntel. Forward View Consulting maintained the stock with “Buy” rating in Monday, August 7 report. JP Morgan downgraded Newell Brands Inc. (NYSE:NWL) on Thursday, November 2 to “Neutral” rating. B. Riley & Co upgraded Newell Brands Inc. (NYSE:NWL) on Thursday, October 1 to “” rating. The rating was initiated by Jefferies on Monday, September 28 with “Buy”. On Wednesday, December 16 the stock rating was upgraded by RBC Capital Markets to “Top Pick”. The company was maintained on Sunday, November 5 by Forward View Consulting. The stock has “Buy” rating by SunTrust on Wednesday, October 18. The stock of Newell Brands Inc. (NYSE:NWL) earned “Market Perform” rating by Wells Fargo on Monday, May 1. The stock of Newell Brands Inc. (NYSE:NWL) has “Market Perform” rating given on Friday, November 3 by Raymond James. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, September 8.

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