Thermo Fisher Scientific (TMO) Share Value Rose While Needham Investment Management Has Trimmed Stake; Ims Capital Management Boosted Its Altria Group (MO) Holding by $317,835

February 15, 2018 - By Michael Collier

Needham Investment Management Llc decreased its stake in Thermo Fisher Scientific Inc (TMO) by 2.12% based on its latest 2017Q3 regulatory filing with the SEC. Needham Investment Management Llc sold 2,000 shares as the company’s stock rose 8.13% with the market. The institutional investor held 92,500 shares of the industrial machinery and components company at the end of 2017Q3, valued at $17.50 million, down from 94,500 at the end of the previous reported quarter. Needham Investment Management Llc who had been investing in Thermo Fisher Scientific Inc for a number of months, seems to be less bullish one the $83.80 billion market cap company. The stock increased 0.32% or $0.67 during the last trading session, reaching $208.98. About 393,258 shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since February 15, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Ims Capital Management increased its stake in Altria Group Inc (MO) by 92.06% based on its latest 2017Q3 regulatory filing with the SEC. Ims Capital Management bought 5,045 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 10,525 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $667,000, up from 5,480 at the end of the previous reported quarter. Ims Capital Management who had been investing in Altria Group Inc for a number of months, seems to be bullish on the $123.59 billion market cap company. The stock decreased 0.27% or $0.175 during the last trading session, reaching $65.005. About 2.03 million shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since February 15, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.

Ims Capital Management, which manages about $164.74M and $156.00M US Long portfolio, decreased its stake in Dollar Tree Inc (NASDAQ:DLTR) by 3,570 shares to 22,414 shares, valued at $1.95M in 2017Q3, according to the filing.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.02, from 0.91 in 2017Q2. It turned negative, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. 1.17 billion shares or 0.77% more from 1.16 billion shares in 2017Q2 were reported. American Service reported 0.08% stake. First Quadrant Ltd Partnership Ca accumulated 29,040 shares. Lowe Brockenbrough And owns 139,741 shares. Deltec Asset Mgmt Lc invested in 57,487 shares. Envestnet Asset Management Inc holds 0.05% or 357,775 shares. 12,800 were reported by Catalyst Cap Advisors Ltd. Wetherby Asset has invested 0.36% in Altria Group, Inc. (NYSE:MO). Riverpoint Mngmt Ltd Liability Com owns 0.08% invested in Altria Group, Inc. (NYSE:MO) for 18,805 shares. Spectrum has 44,789 shares for 0.92% of their portfolio. Van Cleef Asset Managementinc has invested 0.31% of its portfolio in Altria Group, Inc. (NYSE:MO). Stock Yards Fincl Bank has 62,047 shares for 0.46% of their portfolio. Monroe Bank And Trust Mi reported 21,023 shares. Jpmorgan Chase & holds 12.59M shares. Moreover, Zacks Inv Management has 1.04% invested in Altria Group, Inc. (NYSE:MO) for 703,546 shares. Duncker Streett And Incorporated invested in 26,097 shares or 0.5% of the stock.

Since September 21, 2017, it had 0 buys, and 2 insider sales for $2.95 million activity. DEVITRE DINYAR S also sold $1.96 million worth of Altria Group, Inc. (NYSE:MO) on Thursday, September 21.

Among 19 analysts covering Altria Group Inc. (NYSE:MO), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Altria Group Inc. had 59 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Monday, July 31 by Wells Fargo. On Thursday, January 4 the stock rating was maintained by Wells Fargo with “Buy”. The rating was maintained by Stifel Nicolaus on Wednesday, January 10 with “Buy”. Piper Jaffray maintained the shares of MO in report on Thursday, February 1 with “Buy” rating. The company was maintained on Friday, September 1 by RBC Capital Markets. The company was maintained on Thursday, September 15 by CLSA. As per Thursday, March 23, the company rating was downgraded by RBC Capital Markets. The firm has “Hold” rating given on Monday, February 5 by RBC Capital Markets. The firm has “Hold” rating by Jefferies given on Thursday, August 24. The firm has “Buy” rating by Citigroup given on Monday, October 30.

Since August 17, 2017, it had 0 insider buys, and 8 selling transactions for $21.15 million activity. The insider HARRIS C MARTIN sold 360 shares worth $65,149. HOOGASIAN SETH H sold 4,140 shares worth $736,092. On Friday, December 15 CASPER MARC N sold $9.59M worth of Thermo Fisher Scientific Inc. (NYSE:TMO) or 50,000 shares. Williamson Stephen sold $1.05 million worth of stock. Shine Daniel P sold $366,645 worth of stock. Durbin Patrick M sold $1.31M worth of stock.

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.05, from 0.91 in 2017Q2. It is positive, as 51 investors sold TMO shares while 383 reduced holdings. 77 funds opened positions while 339 raised stakes. 333.20 million shares or 3.09% more from 323.23 million shares in 2017Q2 were reported. Nelson Roberts Inv Advisors Ltd Com owns 251 shares or 0.02% of their US portfolio. Eqis Cap Mngmt Incorporated stated it has 0.15% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Moreover, Pictet Cie (Europe) Sa has 1.99% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 73,176 shares. Fisher Asset Limited Co holds 0% in Thermo Fisher Scientific Inc. (NYSE:TMO) or 1,265 shares. Metropolitan Life Company holds 0.23% in Thermo Fisher Scientific Inc. (NYSE:TMO) or 197,433 shares. Bancshares Pictet And Cie (Asia) has invested 2.32% in Thermo Fisher Scientific Inc. (NYSE:TMO). 188 are held by Tarbox Family Office. 1,808 were accumulated by Waldron L P. Sumitomo Mitsui Tru Holding holds 1.09 million shares or 0.29% of its portfolio. Michigan-based State Treasurer State Of Michigan has invested 0.52% in Thermo Fisher Scientific Inc. (NYSE:TMO). Sheets Smith Wealth Mngmt owns 2,356 shares for 0.11% of their portfolio. Compass holds 4.16% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO) for 138,493 shares. Howard Hughes Med Institute has 30,000 shares for 1.41% of their portfolio. 8,572 were reported by Baldwin Inv Management Ltd. Dumont & Blake Invest Advsr Limited Com accumulated 0.44% or 5,411 shares.

Among 19 analysts covering Thermo Fisher Scientific (NYSE:TMO), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. Thermo Fisher Scientific had 61 analyst reports since July 24, 2015 according to SRatingsIntel. Leerink Swann maintained Thermo Fisher Scientific Inc. (NYSE:TMO) rating on Monday, October 9. Leerink Swann has “Outperform” rating and $207 target. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Outperform” rating given on Thursday, November 10 by Leerink Swann. Jefferies maintained the shares of TMO in report on Wednesday, September 27 with “Hold” rating. Leerink Swann maintained Thermo Fisher Scientific Inc. (NYSE:TMO) rating on Monday, December 4. Leerink Swann has “Buy” rating and $200.0 target. On Friday, April 28 the stock rating was maintained by Leerink Swann with “Buy”. The rating was maintained by Cowen & Co with “Buy” on Wednesday, January 31. The firm has “Buy” rating by Deutsche Bank given on Thursday, January 7. Jefferies maintained the shares of TMO in report on Tuesday, August 22 with “Hold” rating. The firm has “Buy” rating given on Tuesday, May 3 by Mizuho. Cowen & Co maintained Thermo Fisher Scientific Inc. (NYSE:TMO) rating on Wednesday, October 25. Cowen & Co has “Buy” rating and $220.0 target.

Needham Investment Management Llc, which manages about $550.90M and $394.77 million US Long portfolio, upped its stake in Akamai Technologies Inc (NASDAQ:AKAM) by 18,000 shares to 155,000 shares, valued at $7.55 million in 2017Q3, according to the filing. It also increased its holding in Hawaiian Holdings Inc (NASDAQ:HA) by 11,300 shares in the quarter, for a total of 22,600 shares, and has risen its stake in Super Micro Computer Inc (NASDAQ:SMCI).

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