Echo Street Capital Management Has Boosted By $1.93 Million Its Thermo Fisher Scientific (TMO) Holding; Macerich Co (MAC) Sentiment Is 0.95

December 11, 2017 - By Nellie Frank

Echo Street Capital Management Llc increased Thermo Fisher Scientific Inc (TMO) stake by 5.89% reported in 2017Q2 SEC filing. Echo Street Capital Management Llc acquired 11,092 shares as Thermo Fisher Scientific Inc (TMO)’s stock rose 8.13%. The Echo Street Capital Management Llc holds 199,560 shares with $34.82 million value, up from 188,468 last quarter. Thermo Fisher Scientific Inc now has $75.31B valuation. The stock decreased 0.08% or $0.15 during the last trading session, reaching $187.81. About 124,794 shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since December 11, 2016 and is uptrending. It has underperformed by 1.13% the S&P500.

The Macerich Company is an independent real estate investment trust. The company has market cap of $9.83 billion. The firm invests in the real estate markets of the United States. It has a 64.01 P/E ratio. It primarily engages in acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States.

Among 17 analysts covering Thermo Fisher Scientific (NYSE:TMO), 16 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Thermo Fisher Scientific had 51 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $17500 target in Tuesday, June 6 report. Leerink Swann maintained the shares of TMO in report on Monday, December 4 with “Buy” rating. Jefferies maintained it with “Hold” rating and $205.0 target in Friday, October 20 report. The rating was maintained by Deutsche Bank on Thursday, October 26 with “Buy”. Robert W. Baird maintained the shares of TMO in report on Monday, October 2 with “Buy” rating. The stock has “Hold” rating by Jefferies on Thursday, July 13. Deutsche Bank initiated it with “Buy” rating and $160 target in Thursday, January 7 report. Robert W. Baird maintained the stock with “Buy” rating in Monday, October 23 report. Goldman Sachs initiated the stock with “Buy” rating in Tuesday, September 26 report. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Buy” rating given on Friday, July 22 by BTIG Research.

Investors sentiment increased to 0.96 in 2017 Q2. Its up 0.05, from 0.91 in 2017Q1. It increased, as 43 investors sold TMO shares while 415 reduced holdings. 99 funds opened positions while 316 raised stakes. 323.23 million shares or 1.69% less from 328.77 million shares in 2017Q1 were reported. Fiduciary Co holds 0.59% or 109,817 shares. Great West Life Assurance Can holds 0.18% or 388,473 shares in its portfolio. Mckinley Mgmt Ltd Liability Corp Delaware owns 1,747 shares. Campbell Newman Asset Mngmt invested in 0.12% or 3,856 shares. Swiss Commercial Bank owns 1.44 million shares. Polar Asset Management Prns Incorporated accumulated 132,500 shares or 0.55% of the stock. Mufg Americas Holding holds 19,826 shares. Standard Life Invests Ltd has 0.26% invested in Thermo Fisher Scientific Inc. (NYSE:TMO). Plante Moran Finance Advisors Limited Company stated it has 0.03% in Thermo Fisher Scientific Inc. (NYSE:TMO). Neville Rodie Shaw Incorporated accumulated 114,163 shares or 2.27% of the stock. New York-based Ny State Common Retirement Fund has invested 0.33% in Thermo Fisher Scientific Inc. (NYSE:TMO). Rosenbaum Jay D holds 1.76% or 5,100 shares. Goldman Sachs Grp Incorporated owns 2.09M shares. Segall Bryant And Hamill Lc holds 0.01% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO) for 1,983 shares. Brown Advisory accumulated 2.27 million shares or 1.21% of the stock.

Echo Street Capital Management Llc decreased Steris Plc stake by 92,366 shares to 82,759 valued at $6.75M in 2017Q2. It also reduced Newell Brands Inc (NYSE:NWL) stake by 241,203 shares and now owns 271,399 shares. Crown Castle Intl Corp New (NYSE:CCI) was reduced too.

Ontario Teachers Pension Plan Board holds 16.31% of its portfolio in Macerich Company for 23.29 million shares. V3 Capital Management L.P. owns 1.07 million shares or 15.17% of their US portfolio. Moreover, Grs Advisors Llc has 5.9% invested in the company for 188,700 shares. The New York-based Long Pond Capital Lp has invested 4.67% in the stock. Marathon Partners Equity Management Llc, a New York-based fund reported 165,000 shares.

Analysts await Macerich Company (NYSE:MAC) to report earnings on February, 5. They expect $1.14 EPS, down 2.56% or $0.03 from last year’s $1.17 per share. MAC’s profit will be $172.17M for 14.28 P/E if the $1.14 EPS becomes a reality. After $0.96 actual EPS reported by Macerich Company for the previous quarter, Wall Street now forecasts 18.75% EPS growth.

Ratings analysis reveals 33% of Macerich’s analysts are positive. Out of 3 Wall Street analysts rating Macerich, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $74.0 while the high is $84.0. The stock’s average target of $78.33 is 20.32% above today’s ($65.1) share price. MAC was included in 3 notes of analysts from November 7, 2016. Canaccord Genuity maintained it with “Hold” rating and $77.0 target in Monday, January 23 report. The rating was maintained by Stifel Nicolaus on Tuesday, February 7 with “Hold”. The stock has “Buy” rating by Mizuho on Monday, November 7.

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