Taurus Asset Management Decreased Lkq (LKQ) Holding by $9.39 Million; Valuation Declined; As General Electric Co (GE) Stock Price Declined, Shareholder Brown Advisory Securities Decreased Stake

February 15, 2018 - By Peter Erickson

Taurus Asset Management Llc decreased its stake in Lkq Corp (LKQ) by 95.81% based on its latest 2017Q3 regulatory filing with the SEC. Taurus Asset Management Llc sold 268,285 shares as the company’s stock declined 2.79% while stock markets rallied. The institutional investor held 11,725 shares of the motor vehicles company at the end of 2017Q3, valued at $422,000, down from 280,010 at the end of the previous reported quarter. Taurus Asset Management Llc who had been investing in Lkq Corp for a number of months, seems to be less bullish one the $12.86 billion market cap company. The stock increased 0.41% or $0.17 during the last trading session, reaching $41.61. About 584,144 shares traded. LKQ Corporation (NASDAQ:LKQ) has declined 1.30% since February 15, 2017 and is downtrending. It has underperformed by 18.00% the S&P500.

Brown Advisory Securities Llc decreased its stake in General Electric Co (GE) by 13.76% based on its latest 2017Q3 regulatory filing with the SEC. Brown Advisory Securities Llc sold 32,223 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 201,974 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $4.89M, down from 234,197 at the end of the previous reported quarter. Brown Advisory Securities Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $128.69 billion market cap company. The stock decreased 0.40% or $0.06 during the last trading session, reaching $14.84. About 22.41M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 15, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Brown Advisory Securities Llc, which manages about $869.60M and $462.19M US Long portfolio, upped its stake in Merck & Co Inc (NYSE:MRK) by 4,832 shares to 91,541 shares, valued at $5.87 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (EEM) by 11,603 shares in the quarter, for a total of 46,717 shares, and has risen its stake in Ishares Tr (AGG).

Among 28 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 5 Sell and 14 Hold. Therefore 32% are positive. General Electric Company had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, January 21 by Citigroup. Vetr upgraded General Electric Company (NYSE:GE) on Wednesday, August 26 to “Buy” rating. Bank of America downgraded General Electric Company (NYSE:GE) rating on Wednesday, April 26. Bank of America has “Neutral” rating and $31 target. The company was maintained on Thursday, October 6 by Morgan Stanley. Oppenheimer maintained the shares of GE in report on Monday, July 24 with “Hold” rating. On Monday, June 12 the stock rating was maintained by Oppenheimer with “Hold”. As per Monday, July 10, the company rating was maintained by RBC Capital Markets. As per Tuesday, October 24, the company rating was downgraded by Stifel Nicolaus. The stock of General Electric Company (NYSE:GE) earned “Equal-Weight” rating by Morgan Stanley on Monday, July 17. Bank of America maintained it with “Buy” rating and $23 target in Tuesday, November 14 report.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It worsened, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Atlantic Trust Grp Ltd invested in 0.74% or 6.87M shares. Wells Fargo And Mn invested in 0.47% or 62.11 million shares. Jones Companies Lllp accumulated 133,505 shares. The North Carolina-based Altavista Wealth Mngmt has invested 2.23% in General Electric Company (NYSE:GE). Gamco Invsts Inc Et Al reported 0.22% of its portfolio in General Electric Company (NYSE:GE). Bb&T Secs Llc reported 2.58M shares or 0.85% of all its holdings. Miracle Mile Advsr Ltd owns 9,512 shares. Salem Capital Mngmt Inc has invested 0.21% in General Electric Company (NYSE:GE). Massachusetts-based Moors And Cabot has invested 1.56% in General Electric Company (NYSE:GE). Puzo Michael J has 0.89% invested in General Electric Company (NYSE:GE). Security Bancshares Of Sioux City Iowa Ia stated it has 1.29% in General Electric Company (NYSE:GE). Moreover, Coho Prns has 0.02% invested in General Electric Company (NYSE:GE) for 32,738 shares. Moreover, Ferguson Wellman Cap has 0.37% invested in General Electric Company (NYSE:GE). 89,597 were accumulated by Rafferty Asset Management. Stillwater Capital Advisors Ltd holds 2.66% or 424,443 shares in its portfolio.

Since August 22, 2017, it had 2 buys, and 0 insider sales for $2.50 million activity. $2.46 million worth of General Electric Company (NYSE:GE) shares were bought by TISCH JAMES S.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.09, from 1.01 in 2017Q2. It is negative, as 33 investors sold LKQ shares while 175 reduced holdings. 55 funds opened positions while 137 raised stakes. 273.62 million shares or 1.13% less from 276.76 million shares in 2017Q2 were reported. Louisiana State Employees Retirement System owns 19,300 shares. 390 are owned by Focused Wealth. Amg Funds Ltd Llc has 0.88% invested in LKQ Corporation (NASDAQ:LKQ) for 44,688 shares. 2.60M are owned by Df Dent & Inc. Brown Advisory owns 156,662 shares. Sei invested in 0.29% or 2.28M shares. Private Advisor Ltd Liability Corporation holds 0.01% or 5,692 shares in its portfolio. Jp Marvel Invest Advisors Limited Liability Corporation reported 56,355 shares. 9,237 were reported by Montecito Natl Bank And. Exxonmobil Management Tx accumulated 0.05% or 56,402 shares. Polar Asset Management Prtn reported 627,400 shares or 0.45% of all its holdings. Liberty Mutual Asset Mngmt Inc invested in 0.02% or 12,484 shares. Fincl Bank Of America De holds 0.01% in LKQ Corporation (NASDAQ:LKQ) or 878,608 shares. Catalyst Limited Co has invested 0.06% in LKQ Corporation (NASDAQ:LKQ). Atwood & Palmer invested in 287,880 shares.

Among 10 analysts covering LKQ (NASDAQ:LKQ), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. LKQ had 25 analyst reports since January 15, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, March 2 by Sterne Agee CRT. As per Tuesday, November 29, the company rating was reinitiated by Stifel Nicolaus. Robert W. Baird maintained the shares of LKQ in report on Wednesday, August 30 with “Buy” rating. The stock of LKQ Corporation (NASDAQ:LKQ) has “Positive” rating given on Friday, August 26 by Susquehanna. On Sunday, September 10 the stock rating was maintained by Jefferies with “Buy”. Robert W. Baird maintained it with “Buy” rating and $42.0 target in Thursday, October 26 report. Jefferies initiated LKQ Corporation (NASDAQ:LKQ) rating on Monday, January 18. Jefferies has “Buy” rating and $37 target. The rating was downgraded by Northcoast to “Neutral” on Tuesday, July 25. The firm earned “Buy” rating on Tuesday, December 12 by FBR Capital. The rating was maintained by Jefferies on Wednesday, August 9 with “Buy”.

Taurus Asset Management Llc, which manages about $738.50M and $643.24 million US Long portfolio, upped its stake in Starbucks Corp (NASDAQ:SBUX) by 58,245 shares to 198,335 shares, valued at $10.65M in 2017Q3, according to the filing. It also increased its holding in Amazon Com Inc (NASDAQ:AMZN) by 5,591 shares in the quarter, for a total of 6,550 shares, and has risen its stake in Occidental Pete Corp Del (NYSE:OXY).

Since August 24, 2017, it had 0 insider purchases, and 5 insider sales for $6.96 million activity. $526,755 worth of LKQ Corporation (NASDAQ:LKQ) was sold by ALLEN A CLINTON on Thursday, August 24. $1.06M worth of stock was sold by CASINI VICTOR M on Thursday, January 25. 10,301 LKQ Corporation (NASDAQ:LKQ) shares with value of $445,425 were sold by Quinn John S.

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