Trimble Inc. (TRMB) Touches $44.63 High on Jan, 19; Magnetar Financial Decreased By $4.31 Million Its Campbell Soup Co (CPB) Stake

January 19, 2018 - By Dolores Ford

The stock of Trimble Inc. (NASDAQ:TRMB) reached all time high today, Jan, 19 and still has $47.31 target or 6.00% above today’s $44.63 share price. This indicates more upside for the $11.24B company. This technical setup was reported by Barchart.com. If the $47.31 PT is reached, the company will be worth $674.16M more. The stock increased 1.25% or $0.55 during the last trading session, reaching $44.63. About 159,952 shares traded. Trimble Inc. (NASDAQ:TRMB) has risen 51.45% since January 19, 2017 and is uptrending. It has outperformed by 34.75% the S&P500.

Magnetar Financial Llc decreased Campbell Soup Co (CPB) stake by 86.7% reported in 2017Q3 SEC filing. Magnetar Financial Llc sold 93,792 shares as Campbell Soup Co (CPB)’s stock declined 4.62%. The Magnetar Financial Llc holds 14,384 shares with $673,000 value, down from 108,176 last quarter. Campbell Soup Co now has $14.07B valuation. The stock increased 1.23% or $0.57 during the last trading session, reaching $46.82. About 601,815 shares traded. Campbell Soup Company (NYSE:CPB) has declined 12.82% since January 19, 2017 and is downtrending. It has underperformed by 29.52% the S&P500.

Analysts await Trimble Inc. (NASDAQ:TRMB) to report earnings on February, 14. They expect $0.31 earnings per share, up 10.71% or $0.03 from last year’s $0.28 per share. TRMB’s profit will be $78.05M for 35.99 P/E if the $0.31 EPS becomes a reality. After $0.35 actual earnings per share reported by Trimble Inc. for the previous quarter, Wall Street now forecasts -11.43% negative EPS growth.

Investors sentiment decreased to 1.18 in Q3 2017. Its down 0.10, from 1.28 in 2017Q2. It dropped, as 18 investors sold Trimble Inc. shares while 126 reduced holdings. 39 funds opened positions while 131 raised stakes. 221.33 million shares or 0.83% less from 223.17 million shares in 2017Q2 were reported. Bluecrest Capital Mngmt Ltd, Guernsey-based fund reported 11,454 shares. Asset Management One Comm reported 0.04% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Parametrica Ltd owns 0.13% invested in Trimble Inc. (NASDAQ:TRMB) for 7,748 shares. American Century Cos Inc holds 1.42M shares. Telemark Asset Ltd Llc invested in 4.44% or 550,000 shares. Jag Capital Mngmt Limited Liability Com reported 3.09% in Trimble Inc. (NASDAQ:TRMB). Walleye Trading Ltd has invested 0% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Laurion Capital L P holds 0.02% in Trimble Inc. (NASDAQ:TRMB) or 105,300 shares. 21.61 million were reported by Vanguard Group Incorporated Inc. Great West Life Assurance Can invested in 0.03% or 285,782 shares. Employees Retirement System Of Texas has invested 0.03% of its portfolio in Trimble Inc. (NASDAQ:TRMB). Reliance Tru Of Delaware stated it has 6,110 shares or 0.04% of all its holdings. State Street holds 0.03% or 8.30 million shares in its portfolio. Kornitzer Mgmt Inc Ks holds 85,910 shares or 0.06% of its portfolio. Smithfield Tru has invested 0.01% in Trimble Inc. (NASDAQ:TRMB).

Among 17 analysts covering Trimble Navigation Limited (NASDAQ:TRMB), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Trimble Navigation Limited had 35 analyst reports since August 5, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Buy” rating and $49.0 target in Friday, October 27 report. Dougherty & Company downgraded the shares of TRMB in report on Monday, January 30 to “Neutral” rating. The stock of Trimble Inc. (NASDAQ:TRMB) has “Buy” rating given on Friday, October 27 by Needham. The rating was maintained by Needham with “Buy” on Thursday, February 9. Oppenheimer maintained Trimble Inc. (NASDAQ:TRMB) on Tuesday, June 13 with “Buy” rating. The firm has “Buy” rating given on Wednesday, August 2 by Oppenheimer. The firm has “Equal-Weight” rating given on Thursday, August 17 by Morgan Stanley. The company was downgraded on Wednesday, August 5 by M Partners. The firm earned “Outperform” rating on Friday, October 27 by Oppenheimer. Oppenheimer initiated Trimble Inc. (NASDAQ:TRMB) on Thursday, December 10 with “Outperform” rating.

Since August 4, 2017, it had 0 insider buys, and 8 insider sales for $8.73 million activity. The insider Gibson Chris sold 76,715 shares worth $2.92M. 33,334 Trimble Inc. (NASDAQ:TRMB) shares with value of $1.26M were sold by Janow Merit E. 44,662 Trimble Inc. (NASDAQ:TRMB) shares with value of $1.72 million were sold by Kliem Jurgen. 365 shares were sold by KIRKLAND JAMES A, worth $14,118 on Thursday, August 31. MATTHEWS DARRYL R sold 3,714 shares worth $143,583.

Trimble Inc. provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company has market cap of $11.24 billion. The company??s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; building information modeling software; integrated site layout and measurement systems; applications for sub-contractors and trades; integrated workplace management services software; capital program and facility management solutions; field based data collection systems; and communication systems and back-office software. It has a 58.72 P/E ratio. The Company’s Field Solutions segment provides guidance and positioning, and automated application systems; and information management solutions, as well as systems to collect authoritative field data.

Since October 6, 2017, it had 0 buys, and 2 selling transactions for $420,021 activity. The insider PERRIN CHARLES R sold $107,046. 6,500 Campbell Soup Company (NYSE:CPB) shares with value of $312,975 were sold by Carolan Edward.

Magnetar Financial Llc increased Bank Amer Corp (NYSE:BAC) stake by 21,690 shares to 94,408 valued at $2.39M in 2017Q3. It also upped Southwest Bancorp Inc Okla (NASDAQ:OKSB) stake by 136,183 shares and now owns 252,453 shares. Dr Pepper Snapple Group Inc (NYSE:DPS) was raised too.

Analysts await Campbell Soup Company (NYSE:CPB) to report earnings on February, 16. They expect $0.82 EPS, down 9.89% or $0.09 from last year’s $0.91 per share. CPB’s profit will be $246.44M for 14.27 P/E if the $0.82 EPS becomes a reality. After $0.92 actual EPS reported by Campbell Soup Company for the previous quarter, Wall Street now forecasts -10.87% negative EPS growth.

Among 16 analysts covering Campbell Soup (NYSE:CPB), 2 have Buy rating, 6 Sell and 8 Hold. Therefore 13% are positive. Campbell Soup had 53 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Friday, October 13 with “Underweight”. The stock of Campbell Soup Company (NYSE:CPB) earned “Hold” rating by Piper Jaffray on Wednesday, October 11. The rating was maintained by RBC Capital Markets on Wednesday, November 22 with “Sector Perform”. The rating was downgraded by Argus Research on Monday, September 19 to “Hold”. The firm earned “Underperform” rating on Tuesday, March 21 by Bernstein. Stifel Nicolaus maintained Campbell Soup Company (NYSE:CPB) rating on Monday, January 23. Stifel Nicolaus has “Hold” rating and $62 target. RBC Capital Markets maintained Campbell Soup Company (NYSE:CPB) on Thursday, July 23 with “Sector Perform” rating. The firm has “Hold” rating by Citigroup given on Wednesday, December 20. The rating was maintained by Stifel Nicolaus on Tuesday, February 21 with “Hold”. The rating was initiated by UBS with “Sell” on Wednesday, February 24.

Investors sentiment decreased to 0.98 in 2017 Q3. Its down 0.01, from 0.99 in 2017Q2. It dived, as 49 investors sold CPB shares while 153 reduced holdings. 49 funds opened positions while 148 raised stakes. 137.50 million shares or 3.69% more from 132.61 million shares in 2017Q2 were reported. Manufacturers Life Ins The owns 280,672 shares. Wellington Mngmt Grp Llp holds 4.22M shares. New Mexico Educational Retirement Board, a New Mexico-based fund reported 17,812 shares. Cognios Capital Ltd Liability reported 52,597 shares. Balyasny Asset Mngmt stated it has 5,175 shares. Gargoyle Inv Advisor Llc holds 50,000 shares. Utah Retirement System has 0.03% invested in Campbell Soup Company (NYSE:CPB). Mitsubishi Ufj Banking Corp owns 418,870 shares. Susquehanna Interest Group Llp has 0% invested in Campbell Soup Company (NYSE:CPB). Svcs Corp has 0.01% invested in Campbell Soup Company (NYSE:CPB) for 642 shares. Dupont Capital Mngmt Corporation has 0.05% invested in Campbell Soup Company (NYSE:CPB) for 44,910 shares. Nomura Asset Mgmt Limited invested 0.08% in Campbell Soup Company (NYSE:CPB). Menta Cap Ltd Com reported 0.15% in Campbell Soup Company (NYSE:CPB). Renaissance Technologies Lc has invested 0.12% of its portfolio in Campbell Soup Company (NYSE:CPB). Moors And Cabot has invested 0.08% of its portfolio in Campbell Soup Company (NYSE:CPB).

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