Kapstone Paper & Packaging (KS) Shareholder Minerva Advisors Has Cut Its Position by $2.59 Million; As Smith A O (AOS) Market Value Declined, Water Asset Management Has Lifted Holding by $725,256

June 14, 2018 - By Vivian Currie

A. O. Smith Corporation (NYSE:AOS) Logo

Water Asset Management Llc increased its stake in Smith A O (AOS) by 5.19% based on its latest 2018Q1 regulatory filing with the SEC. Water Asset Management Llc bought 11,512 shares as the company’s stock declined 2.66% with the market. The hedge fund held 233,481 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $14.85 million, up from 221,969 at the end of the previous reported quarter. Water Asset Management Llc who had been investing in Smith A O for a number of months, seems to be bullish on the $10.96 billion market cap company. The stock decreased 0.26% or $0.17 during the last trading session, reaching $64.04. About 76,952 shares traded. A. O. Smith Corporation (NYSE:AOS) has risen 18.29% since June 14, 2017 and is uptrending. It has outperformed by 5.72% the S&P500. Some Historical AOS News: 16/04/2018 – A.O. Smith Sees Minimal Impact to 2018 EPS Due to Start-Up Costs; 09/04/2018 – A. O. Smith declares quarterly dividend; 16/04/2018 – A. O. Smith to become primary water treatment brand at Lowe’s; 25/04/2018 – A. O. SMITH SEES FY 2018 ADJ. EPS $2.55 TO $2.61/SHR,EST. $2.58; 25/04/2018 – AO Smith 1Q Net $98.8M; 25/04/2018 – A. O. SMITH CORP AOS.N QUARTERLY ADJUSTED SHR $0.60; 25/04/2018 – A.O. Smith 1Q EPS 57c; 25/04/2018 – A. O. SMITH CORP SEES SALES GROWTH FOR 2018 BETWEEN 10 AND 10.75 PERCENT; 09/05/2018 – Kames Capital PLC Exits Position in AO Smith; 23/04/2018 – DJ A O Smith Corporation, Inst Holders, 1Q 2018 (AOS)

Minerva Advisors Llc decreased its stake in Kapstone Paper & Packaging Corp (KS) by 13.69% based on its latest 2018Q1 regulatory filing with the SEC. Minerva Advisors Llc sold 76,059 shares as the company’s stock declined 1.40% with the market. The hedge fund held 479,590 shares of the paper company at the end of 2018Q1, valued at $16.46M, down from 555,649 at the end of the previous reported quarter. Minerva Advisors Llc who had been investing in Kapstone Paper & Packaging Corp for a number of months, seems to be less bullish one the $3.39 billion market cap company. The stock decreased 0.03% or $0.01 during the last trading session, reaching $34.71. About 69,104 shares traded. KapStone Paper and Packaging Corporation (NYSE:KS) has risen 65.36% since June 14, 2017 and is uptrending. It has outperformed by 52.79% the S&P500. Some Historical KS News: 18/04/2018 – KapStone Paper Pack 1Q Adj EPS 43c; 03/05/2018 – Hodges Capital Management Exits Position in KapStone Paper; 11/05/2018 – Alpine Associates Buys New 1.4% Position in KapStone Paper; 15/05/2018 – Magnetar Financial Buys New 4.2% Position in KapStone Paper; 18/04/2018 – KAPSTONE PAPER AND PACKAGING CORP – CONTINUE TO WORK ON MERGER WITH WESTROCK; 14/05/2018 – Canada Pension Plan Investment Board Buys Into KapStone Paper; 18/04/2018 – KapStone Paper Pack 1Q EPS 33c; 18/04/2018 – CORRECT: KAPSTONE PAPER 1Q ADJ EPS 43C, EST. 38C; 16/04/2018 – KAPSTONE PAPER AND PACKAGING – WESTROCK DEAL EXPECTED TO CLOSE BY END OF QUARTER ENDING SEPT. 30, 2018 OR DURING FOLLOWING QUARTER; 14/05/2018 – Westwood Holdings Group Inc. Exits Position in KapStone Paper

Minerva Advisors Llc, which manages about $300.28M and $189.63M US Long portfolio, upped its stake in Entercom Communications (NYSE:ETM) by 256,618 shares to 521,978 shares, valued at $5.04 million in 2018Q1, according to the filing.

Analysts await KapStone Paper and Packaging Corporation (NYSE:KS) to report earnings on July, 25. They expect $0.41 EPS, up 51.85% or $0.14 from last year’s $0.27 per share. KS’s profit will be $40.09 million for 21.16 P/E if the $0.41 EPS becomes a reality. After $0.43 actual EPS reported by KapStone Paper and Packaging Corporation for the previous quarter, Wall Street now forecasts -4.65% negative EPS growth.

Among 17 analysts covering Kapstone Paper And Packaging Corp. (NYSE:KS), 2 have Buy rating, 2 Sell and 13 Hold. Therefore 12% are positive. Kapstone Paper And Packaging Corp. had 58 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of KapStone Paper and Packaging Corporation (NYSE:KS) earned “Underperform” rating by Macquarie Research on Monday, January 25. The firm earned “Buy” rating on Sunday, August 20 by RBC Capital Markets. Bank of America initiated the shares of KS in report on Wednesday, April 6 with “Underperform” rating. The stock of KapStone Paper and Packaging Corporation (NYSE:KS) earned “Market Perform” rating by Wells Fargo on Monday, November 21. The company was maintained on Monday, May 29 by RBC Capital Markets. Vertical Research downgraded the shares of KS in report on Friday, April 28 to “Hold” rating. The rating was upgraded by HSBC on Wednesday, October 7 to “Buy”. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, November 15. On Monday, September 19 the stock rating was downgraded by Dundee Securities to “Neutral”. The firm has “Buy” rating by Citigroup given on Wednesday, August 16.

Another recent and important KapStone Paper and Packaging Corporation (NYSE:KS) news was published by Investorplace.com which published an article titled: “5 Top-Ranked High-Beta Stocks to Play the Roaring Market” on June 07, 2018.

Another recent and important A. O. Smith Corporation (NYSE:AOS) news was published by Streetinsider.com which published an article titled: “AO Smith (AOS) Is A Way To Play Both Offense And Defense – DA Davidson” on June 08, 2018.

Among 17 analysts covering AO Smith Corp (NYSE:AOS), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. AO Smith Corp had 43 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of A. O. Smith Corporation (NYSE:AOS) earned “Hold” rating by Stifel Nicolaus on Thursday, August 10. Robert W. Baird maintained the shares of AOS in report on Wednesday, October 4 with “Buy” rating. The company was maintained on Friday, February 3 by Stifel Nicolaus. Boenning & Scattergood maintained the stock with “Buy” rating in Wednesday, July 26 report. The rating was maintained by DA Davidson on Thursday, April 26 with “Buy”. The stock of A. O. Smith Corporation (NYSE:AOS) has “Outperform” rating given on Tuesday, April 5 by BMO Capital Markets. The firm earned “Sector Weight” rating on Friday, April 28 by KeyBanc Capital Markets. The rating was maintained by Robert W. Baird on Wednesday, April 4 with “Buy”. The rating was initiated by Longbow with “Neutral” on Friday, June 17. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, August 23 report.

Investors sentiment decreased to 1.14 in Q1 2018. Its down 0.07, from 1.21 in 2017Q4. It turned negative, as 27 investors sold AOS shares while 139 reduced holdings. 61 funds opened positions while 128 raised stakes. 121.99 million shares or 0.88% more from 120.93 million shares in 2017Q4 were reported. Arrow Fin Corp holds 0.01% of its portfolio in A. O. Smith Corporation (NYSE:AOS) for 450 shares. Secor LP has invested 0.36% of its portfolio in A. O. Smith Corporation (NYSE:AOS). Manchester Capital Mngmt Llc has 14,995 shares. Zeke Llc has 0.02% invested in A. O. Smith Corporation (NYSE:AOS) for 3,317 shares. Trillium Asset Mgmt Limited Liability Corporation stated it has 128,337 shares or 0.45% of all its holdings. Castleark Lc holds 0.2% or 99,650 shares in its portfolio. Ecofin holds 563,487 shares. Northern Trust reported 1.57 million shares. Great West Life Assurance Can accumulated 68,088 shares. Putnam Investments Limited Liability Corporation has 843,354 shares. Davenport Communication Ltd Co reported 0% stake. Huntington Bankshares has invested 0% in A. O. Smith Corporation (NYSE:AOS). Robecosam Ag, Switzerland-based fund reported 334,072 shares. 29,022 are held by Regions Financial. Advisors Asset invested in 30,444 shares.

A. O. Smith Corporation (NYSE:AOS) Institutional Positions Chart

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