As Sears Hldgs (SHLD) Shares Rose, Shareholder Oz Management LP Has Raised Its Position; Cabot Wealth Management Has Cut Its Position in Ecolab (ECL) by $2.80 Million

January 23, 2018 - By Peter Erickson

Cabot Wealth Management Inc decreased its stake in Ecolab Inc (ECL) by 41.31% based on its latest 2017Q3 regulatory filing with the SEC. Cabot Wealth Management Inc sold 21,912 shares as the company’s stock rose 2.53% with the market. The institutional investor held 31,134 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $4.00M, down from 53,046 at the end of the previous reported quarter. Cabot Wealth Management Inc who had been investing in Ecolab Inc for a number of months, seems to be less bullish one the $39.74B market cap company. The stock decreased 1.98% or $2.78 during the last trading session, reaching $137.56. About 1.18M shares traded or 8.46% up from the average. Ecolab Inc. (NYSE:ECL) has risen 9.41% since January 23, 2017 and is uptrending. It has underperformed by 7.29% the S&P500.

Daniel S. Och increased its stake in Sears Hldgs Corp (SHLD) by 383.05% based on its latest 2017Q3 regulatory filing with the SEC. Oz Management Lp bought 100,743 shares as the company’s stock rose 3.98% with the market. The hedge fund run by Daniel S. Och held 127,043 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $927,000, up from 26,300 at the end of the previous reported quarter. Oz Management Lp who had been investing in Sears Hldgs Corp for a number of months, seems to be bullish on the $361.58M market cap company. The stock decreased 2.61% or $0.09 during the last trading session, reaching $3.36. About 1.07M shares traded. Sears Holdings Corporation (NASDAQ:SHLD) has declined 29.81% since January 23, 2017 and is downtrending. It has underperformed by 46.51% the S&P500.

Since August 3, 2017, it had 1 buying transaction, and 1 insider sale for $9.04 million activity. GATES WILLIAM H III had bought 75,500 shares worth $10.01M.

Cabot Wealth Management Inc, which manages about $552.75 million and $445.63 million US Long portfolio, upped its stake in Spdr Series Trust (SCPB) by 30,900 shares to 427,860 shares, valued at $13.12 million in 2017Q3, according to the filing. It also increased its holding in Schwab Strategic Tr (SCHE) by 33,528 shares in the quarter, for a total of 375,729 shares, and has risen its stake in Powershares Etf Tr Ii (VRP).

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.25, from 0.94 in 2017Q2. It improved, as 31 investors sold ECL shares while 274 reduced holdings. 81 funds opened positions while 281 raised stakes. 213.37 million shares or 1.11% more from 211.02 million shares in 2017Q2 were reported. Df Dent Incorporated has invested 4.01% of its portfolio in Ecolab Inc. (NYSE:ECL). 99,944 were reported by Voya Management Limited Liability Company. State Of Tennessee Treasury Department holds 0.05% or 71,031 shares in its portfolio. Utah Retirement invested in 47,034 shares or 0.14% of the stock. Norris Perne & French Ltd Liability Partnership Mi has invested 1.67% in Ecolab Inc. (NYSE:ECL). Lafleur Godfrey Ltd Limited Liability Company accumulated 127,514 shares. Logan Cap reported 0.45% of its portfolio in Ecolab Inc. (NYSE:ECL). Tompkins Fincl holds 0.1% of its portfolio in Ecolab Inc. (NYSE:ECL) for 3,391 shares. Tuttle Tactical Mgmt Limited Liability has 4,238 shares for 0.54% of their portfolio. Albert D Mason holds 0.36% or 3,450 shares in its portfolio. Orrstown Fincl Services Incorporated has invested 0.77% in Ecolab Inc. (NYSE:ECL). Aldebaran Fincl holds 1.02% or 11,471 shares. Edgewood invested in 3.50M shares or 2.07% of the stock. Toronto Dominion Comml Bank accumulated 119,689 shares. Donaldson Mgmt Lc invested 0.42% in Ecolab Inc. (NYSE:ECL).

Analysts await Ecolab Inc. (NYSE:ECL) to report earnings on February, 20. They expect $1.40 earnings per share, up 12.00% or $0.15 from last year’s $1.25 per share. ECL’s profit will be $404.48M for 24.56 P/E if the $1.40 EPS becomes a reality. After $1.37 actual earnings per share reported by Ecolab Inc. for the previous quarter, Wall Street now forecasts 2.19% EPS growth.

Among 22 analysts covering Ecolab (NYSE:ECL), 11 have Buy rating, 1 Sell and 10 Hold. Therefore 50% are positive. Ecolab had 57 analyst reports since July 30, 2015 according to SRatingsIntel. As per Friday, July 15, the company rating was maintained by Citigroup. The firm earned “Overweight” rating on Tuesday, November 3 by Piper Jaffray. The stock of Ecolab Inc. (NYSE:ECL) earned “Hold” rating by Deutsche Bank on Wednesday, February 24. The rating was downgraded by Longbow to “Neutral” on Wednesday, February 22. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, September 6. The rating was downgraded by Goldman Sachs to “Sell” on Monday, March 14. As per Monday, April 18, the company rating was maintained by Citigroup. The rating was maintained by Canaccord Genuity on Thursday, June 1 with “Buy”. The firm has “Buy” rating given on Friday, May 26 by J.P. Morgan. Deutsche Bank maintained it with “Buy” rating and $130.0 target in Tuesday, August 11 report.

Investors sentiment increased to 0.72 in Q3 2017. Its up 0.20, from 0.52 in 2017Q2. It increased, as 20 investors sold SHLD shares while 30 reduced holdings. 18 funds opened positions while 18 raised stakes. 64.05 million shares or 3.85% less from 66.61 million shares in 2017Q2 were reported. Landscape Capital Mngmt Llc invested in 0.03% or 35,920 shares. Panagora Asset Mgmt Inc has 6,380 shares. 28.51M are owned by Fairholme Cap Mngmt Limited Liability Co. Fine Capital Ptnrs Lp holds 2.05% in Sears Holdings Corporation (NASDAQ:SHLD) or 2.68M shares. Great West Life Assurance Can has invested 0% in Sears Holdings Corporation (NASDAQ:SHLD). Parametric Port Ltd Com has 411,936 shares. Amer Group Inc Inc holds 0% in Sears Holdings Corporation (NASDAQ:SHLD) or 7,972 shares. North Star Inv Management owns 62 shares for 0% of their portfolio. Css Ltd Il has 49,144 shares for 0.02% of their portfolio. Oz Ltd Partnership stated it has 127,043 shares or 0% of all its holdings. Tudor Inv Et Al invested in 13,336 shares. Gateway Inv Advisers Ltd Liability Corporation invested 0% in Sears Holdings Corporation (NASDAQ:SHLD). 98,984 are held by Retail Bank Of New York Mellon Corp. Raymond James reported 12,241 shares. Bnp Paribas Arbitrage Sa holds 0% in Sears Holdings Corporation (NASDAQ:SHLD) or 21,246 shares.

Among 3 analysts covering Sears Canada (NASDAQ:SHLD), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. Sears Canada had 5 analyst reports since September 3, 2015 according to SRatingsIntel. IBC maintained Sears Holdings Corporation (NASDAQ:SHLD) rating on Thursday, September 3. IBC has “Sector Perform” rating and $11 target. The firm has “Sell” rating by Susquehanna given on Wednesday, January 10. The company was maintained on Friday, December 1 by Susquehanna. The company was initiated on Friday, February 10 by Susquehanna.

Oz Management Lp, which manages about $56.28 billion and $20.39B US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 1.08 million shares to 1.08M shares, valued at $184.59M in 2017Q3, according to the filing. It also reduced its holding in Diamond Offshore Drilling In (Call) (NYSE:DO) by 114,300 shares in the quarter, leaving it with 50,000 shares, and cut its stake in Humana Inc (NYSE:HUM).

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