Calamos Advisors Lowered Eaton Plc (ETN) Position; Fred Alger Management Decreased Ross Stores (ROST) Stake

December 10, 2017 - By Marguerite Chambers

Calamos Advisors Llc decreased Eaton Corp Plc (ETN) stake by 5.37% reported in 2017Q2 SEC filing. Calamos Advisors Llc sold 26,337 shares as Eaton Corp Plc (ETN)’s stock rose 8.91%. The Calamos Advisors Llc holds 463,851 shares with $36.10 million value, down from 490,188 last quarter. Eaton Corp Plc now has $34.38B valuation. The stock increased 0.04% or $0.03 during the last trading session, reaching $77.29. About 2.36M shares traded. Eaton Corporation plc (NYSE:ETN) has risen 31.02% since December 10, 2016 and is uptrending. It has outperformed by 14.32% the S&P500.

Fred Alger Management Inc decreased Ross Stores Inc (ROST) stake by 32.32% reported in 2017Q2 SEC filing. Fred Alger Management Inc sold 24,277 shares as Ross Stores Inc (ROST)’s stock declined 9.26%. The Fred Alger Management Inc holds 50,832 shares with $2.94M value, down from 75,109 last quarter. Ross Stores Inc now has $29.38B valuation. The stock increased 0.25% or $0.19 during the last trading session, reaching $76.89. About 2.09 million shares traded. Ross Stores, Inc. (NASDAQ:ROST) has risen 12.03% since December 10, 2016 and is uptrending. It has underperformed by 4.67% the S&P500.

Calamos Advisors Llc increased Delta Air Lines Inc (NYSE:DAL) stake by 44,968 shares to 1.23 million valued at $65.92 million in 2017Q2. It also upped Aes Corp (NYSE:AES) stake by 121,185 shares and now owns 324,553 shares. Advance Auto Parts Inc (NYSE:AAP) was raised too.

Investors sentiment decreased to 1.07 in 2017 Q2. Its down 0.06, from 1.13 in 2017Q1. It worsened, as 37 investors sold ETN shares while 289 reduced holdings. 74 funds opened positions while 274 raised stakes. 330.85 million shares or 0.85% less from 333.69 million shares in 2017Q1 were reported. Pekin Singer Strauss Asset Il reported 23,737 shares. Checchi Capital Advisers Lc invested in 2,913 shares. Stellar Cap Mgmt Lc holds 2.1% of its portfolio in Eaton Corporation plc (NYSE:ETN) for 37,019 shares. Zeke Cap Advisors Lc accumulated 3,219 shares. 1.87M were reported by Deutsche Commercial Bank Ag. 19,983 are owned by South Street Ltd Liability Com. Shine Inv Advisory Incorporated stated it has 0.02% of its portfolio in Eaton Corporation plc (NYSE:ETN). Sumitomo Mitsui Asset Mngmt Limited reported 117,835 shares. Natl Planning Corp has 0.07% invested in Eaton Corporation plc (NYSE:ETN) for 11,060 shares. Teacher Retirement System Of Texas reported 332,976 shares or 0.18% of all its holdings. Reilly Advsr Ltd reported 847 shares or 0.01% of all its holdings. Indiana Trust Investment Company holds 0.2% or 5,265 shares in its portfolio. Tompkins Financial Corp invested in 0% or 200 shares. Dupont Management Corp stated it has 44,713 shares or 0.08% of all its holdings. Charter Tru holds 0.03% or 3,373 shares in its portfolio.

Among 29 analysts covering Eaton Corporation (NYSE:ETN), 7 have Buy rating, 4 Sell and 18 Hold. Therefore 24% are positive. Eaton Corporation had 72 analyst reports since July 31, 2015 according to SRatingsIntel. As per Friday, July 7, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by Citigroup given on Thursday, February 4. Jefferies maintained Eaton Corporation plc (NYSE:ETN) on Thursday, July 13 with “Hold” rating. CLSA initiated the stock with “Underperform” rating in Monday, October 19 report. Barclays Capital downgraded the shares of ETN in report on Monday, October 5 to “Equal-Weight” rating. Jefferies maintained the stock with “Hold” rating in Tuesday, June 6 report. Robert W. Baird downgraded Eaton Corporation plc (NYSE:ETN) rating on Thursday, October 15. Robert W. Baird has “Neutral” rating and $59.0 target. The stock of Eaton Corporation plc (NYSE:ETN) has “Underperform” rating given on Monday, October 19 by Credit Agricole. The stock has “Underweight” rating by JP Morgan on Thursday, August 17. The rating was upgraded by JP Morgan to “Overweight” on Friday, December 9.

Analysts await Eaton Corporation plc (NYSE:ETN) to report earnings on February, 1. They expect $1.24 earnings per share, up 10.71% or $0.12 from last year’s $1.12 per share. ETN’s profit will be $551.56M for 15.58 P/E if the $1.24 EPS becomes a reality. After $1.25 actual earnings per share reported by Eaton Corporation plc for the previous quarter, Wall Street now forecasts -0.80% negative EPS growth.

Fred Alger Management Inc increased Stanley Black & Decker Inc (NYSE:SWK) stake by 514,773 shares to 701,930 valued at $98.78M in 2017Q2. It also upped Agilent Technologies Inc (NYSE:A) stake by 18,788 shares and now owns 78,740 shares. Johnson & Johnson (NYSE:JNJ) was raised too.

Investors sentiment increased to 1 in 2017 Q2. Its up 0.09, from 0.91 in 2017Q1. It increased, as 72 investors sold ROST shares while 211 reduced holdings. 67 funds opened positions while 217 raised stakes. 339.81 million shares or 0.06% more from 339.61 million shares in 2017Q1 were reported. Bradley Foster Sargent Ct reported 19,231 shares. Us Bankshares De holds 0.03% or 151,423 shares. Moreover, Manufacturers Life The has 0.03% invested in Ross Stores, Inc. (NASDAQ:ROST) for 439,500 shares. Dupont Cap Mngmt Corp owns 0% invested in Ross Stores, Inc. (NASDAQ:ROST) for 2,417 shares. Brown Advisory Inc owns 0% invested in Ross Stores, Inc. (NASDAQ:ROST) for 11,863 shares. Baystate Wealth Management Limited Liability Com reported 140 shares. Gam Holdg Ag holds 0.03% or 33,091 shares. Farmers & Merchants Invests Inc has 75,719 shares for 0.36% of their portfolio. Hutchin Hill Cap Limited Partnership owns 47,900 shares or 0.09% of their US portfolio. Jnba Finance Advsrs invested in 44 shares or 0% of the stock. Roundview Cap Ltd Liability Corporation stated it has 18,340 shares. Ls Inv Advsr Limited Com holds 0.04% of its portfolio in Ross Stores, Inc. (NASDAQ:ROST) for 11,237 shares. Engineers Gate Manager LP holds 0.46% or 87,773 shares in its portfolio. Parametric Portfolio Associates Limited Liability Corporation owns 1.00M shares. 98,551 are held by Piedmont Invest Ltd Liability.

Among 26 analysts covering Ross Stores Inc. (NASDAQ:ROST), 16 have Buy rating, 1 Sell and 9 Hold. Therefore 62% are positive. Ross Stores Inc. had 65 analyst reports since August 21, 2015 according to SRatingsIntel. As per Wednesday, March 2, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating by Citigroup given on Wednesday, October 7. The rating was maintained by Credit Suisse with “Hold” on Wednesday, August 2. RBC Capital Markets maintained Ross Stores, Inc. (NASDAQ:ROST) rating on Friday, August 19. RBC Capital Markets has “Sector Perform” rating and $65 target. The firm earned “Buy” rating on Thursday, September 28 by Cowen & Co. The rating was maintained by Buckingham Research with “Neutral” on Friday, November 17. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Hold” rating by RBC Capital Markets on Thursday, August 17. The rating was maintained by Citigroup on Friday, August 19 with “Buy”. On Friday, November 17 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Ross Stores, Inc. (NASDAQ:ROST) earned “Buy” rating by Cowen & Co on Friday, November 17.

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