Rr Partners LP Has Cut Magna Intl (MGA) Holding; Estabrook Capital Management Upped Pfizer (PFE) Holding

January 19, 2018 - By Richard Conner

Rr Partners Lp decreased Magna Intl Inc (MGA) stake by 19.36% reported in 2017Q3 SEC filing. Rr Partners Lp sold 399,800 shares as Magna Intl Inc (MGA)’s stock declined 0.57%. The Rr Partners Lp holds 1.67 million shares with $88.88 million value, down from 2.06M last quarter. Magna Intl Inc now has $20.49 billion valuation. The stock decreased 2.07% or $1.23 during the last trading session, reaching $58.24. About 968,163 shares traded. Magna International Inc. (NYSE:MGA) has risen 15.97% since January 19, 2017 and is uptrending. It has underperformed by 0.73% the S&P500.

Estabrook Capital Management increased Pfizer Inc (PFE) stake by 0.12% reported in 2017Q3 SEC filing. Estabrook Capital Management acquired 499 shares as Pfizer Inc (PFE)’s stock declined 3.45%. The Estabrook Capital Management holds 415,682 shares with $14.84 billion value, up from 415,183 last quarter. Pfizer Inc now has $219.00 billion valuation. The stock decreased 0.68% or $0.25 during the last trading session, reaching $36.74. About 16.93 million shares traded or 7.46% up from the average. Pfizer Inc. (NYSE:PFE) has declined 2.76% since January 19, 2017 and is downtrending. It has underperformed by 19.46% the S&P500.

Analysts await Magna International Inc. (NYSE:MGA) to report earnings on February, 23. They expect $1.58 earnings per share, up 27.42% or $0.34 from last year’s $1.24 per share. MGA’s profit will be $555.79M for 9.22 P/E if the $1.58 EPS becomes a reality. After $1.36 actual earnings per share reported by Magna International Inc. for the previous quarter, Wall Street now forecasts 16.18% EPS growth.

Among 14 analysts covering Magna International (NYSE:MGA), 10 have Buy rating, 1 Sell and 3 Hold. Therefore 71% are positive. Magna International had 47 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, January 10 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Magna International Inc. (NYSE:MGA) earned “Buy” rating by RBC Capital Markets on Friday, June 16. As per Thursday, January 14, the company rating was maintained by RBC Capital Markets. The stock of Magna International Inc. (NYSE:MGA) has “Equal-Weight” rating given on Monday, August 28 by Morgan Stanley. The stock of Magna International Inc. (NYSE:MGA) earned “Market Perform” rating by BMO Capital Markets on Tuesday, June 28. Goldman Sachs downgraded the stock to “Sell” rating in Monday, October 16 report. The firm has “Underperform” rating given on Wednesday, November 9 by Bank of America. The stock of Magna International Inc. (NYSE:MGA) earned “Buy” rating by Bank of America on Wednesday, October 18. The firm has “Outperform” rating given on Friday, January 6 by RBC Capital Markets. RBC Capital Markets maintained the shares of MGA in report on Friday, November 6 with “Outperform” rating.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2. It is positive, as 53 investors sold PFE shares while 700 reduced holdings. 106 funds opened positions while 620 raised stakes. 4.06 billion shares or 0.86% more from 4.02 billion shares in 2017Q2 were reported. White Pine Ltd Limited Liability Company, Minnesota-based fund reported 10,697 shares. Dearborn Llc holds 24,848 shares or 0.07% of its portfolio. Welch Llc holds 7,572 shares. Ohio-based Huntington Savings Bank has invested 1.15% in Pfizer Inc. (NYSE:PFE). Apriem Advisors reported 188,621 shares. Aviva Public Ltd Llc, United Kingdom-based fund reported 5.68 million shares. Greenwood Capital Assocs has 1.48% invested in Pfizer Inc. (NYSE:PFE). Quantitative Mngmt Lc, Virginia-based fund reported 1.36 million shares. Tiaa Cref Invest Mgmt Ltd Liability Corp stated it has 26.91 million shares or 0.66% of all its holdings. Aspiriant Limited Liability Com accumulated 34,413 shares or 0.1% of the stock. Gulf Interest Financial Bank (Uk) accumulated 1.89M shares or 0.91% of the stock. South Dakota Investment Council reported 2.28 million shares. Pathstone Family Office Limited Company holds 791 shares. Cincinnati Insur Communications owns 3.24 million shares. The Virginia-based Virginia Retirement Et Al has invested 0.52% in Pfizer Inc. (NYSE:PFE).

Among 21 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. Pfizer had 68 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, July 29 by Argus Research. The rating was reinitiated by JP Morgan with “Overweight” on Thursday, April 7. As per Wednesday, August 16, the company rating was maintained by Jefferies. Societe Generale initiated the stock with “Hold” rating in Wednesday, April 6 report. The rating was maintained by Piper Jaffray on Thursday, September 14 with “Buy”. On Wednesday, November 2 the stock rating was downgraded by Argus Research to “Hold”. The firm has “Hold” rating given on Thursday, October 13 by Jefferies. The stock of Pfizer Inc. (NYSE:PFE) has “Hold” rating given on Thursday, July 13 by Jefferies. The firm has “Buy” rating by Piper Jaffray given on Friday, August 14. The rating was maintained by Goldman Sachs on Monday, April 18 with “Neutral”.

Since August 4, 2017, it had 0 insider purchases, and 10 insider sales for $16.36 million activity. OLSON LAURIE J also sold $263,693 worth of Pfizer Inc. (NYSE:PFE) on Monday, August 21. 94,409 shares were sold by DAMELIO FRANK A, worth $3.21M. The insider READ IAN C sold $3.30 million. Another trade for 6,750 shares valued at $249,750 was sold by MACKENZIE ALEXANDER R. SUSMAN SALLY also sold $1.34M worth of Pfizer Inc. (NYSE:PFE) on Tuesday, September 12. JOHNSON RADY A sold $296,560 worth of Pfizer Inc. (NYSE:PFE) on Friday, December 15.

Estabrook Capital Management decreased Nestle Adr (NSRGY) stake by 460 shares to 4,640 valued at $388.90 million in 2017Q3. It also reduced Sanofi (NYSE:SNY) stake by 430 shares and now owns 8,997 shares. Target Corp (NYSE:TGT) was reduced too.

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