Total Sa (TOT) Shareholder Putnam Investments Boosted Holding; Marble Arch Investments LP Increases Holding in Cdk Global (CDK)

January 20, 2018 - By Vivian Currie

Scott Mclellan increased its stake in Cdk Global Inc (CDK) by 6.4% based on its latest 2017Q3 regulatory filing with the SEC. Marble Arch Investments Lp bought 60,000 shares as the company’s stock declined 6.12% while stock markets rallied. The hedge fund run by Scott Mclellan held 997,000 shares of the miscellaneous company at the end of 2017Q3, valued at $62.90M, up from 937,000 at the end of the previous reported quarter. Marble Arch Investments Lp who had been investing in Cdk Global Inc for a number of months, seems to be bullish on the $10.09 billion market cap company. The stock increased 0.25% or $0.18 during the last trading session, reaching $73.38. About 894,032 shares traded. CDK Global, Inc. (NASDAQ:CDK) has risen 18.92% since January 20, 2017 and is uptrending. It has outperformed by 2.22% the S&P500.

Putnam Investments Llc increased its stake in Total Sa (TOT) by 558.68% based on its latest 2017Q3 regulatory filing with the SEC. Putnam Investments Llc bought 130,173 shares as the company’s stock rose 7.42% with the market. The institutional investor held 153,473 shares of the energy company at the end of 2017Q3, valued at $8.21M, up from 23,300 at the end of the previous reported quarter. Putnam Investments Llc who had been investing in Total Sa for a number of months, seems to be bullish on the $142.17 billion market cap company. The stock decreased 0.28% or $0.16 during the last trading session, reaching $57.95. About 876,075 shares traded. TOTAL S.A. (NYSE:TOT) has risen 13.67% since January 20, 2017 and is uptrending. It has underperformed by 3.03% the S&P500.

Marble Arch Investments Lp, which manages about $1.96 billion and $1.51 billion US Long portfolio, decreased its stake in Servicemaster Global Hldgs I (NYSE:SERV) by 501,400 shares to 3.06M shares, valued at $143.13M in 2017Q3, according to the filing. It also reduced its holding in Visa Inc (NYSE:V) by 104,700 shares in the quarter, leaving it with 1.11M shares, and cut its stake in Paypal Hldgs Inc.

Among 8 analysts covering CDK Global (NASDAQ:CDK), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. CDK Global had 13 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Underweight” rating by JP Morgan given on Friday, August 14. The firm has “Outperform” rating given on Monday, July 10 by Evercore. The stock of CDK Global, Inc. (NASDAQ:CDK) earned “Underweight” rating by Morgan Stanley on Tuesday, January 19. Wells Fargo upgraded CDK Global, Inc. (NASDAQ:CDK) on Wednesday, June 21 to “Outperform” rating. The firm has “Outperform” rating given on Thursday, February 4 by Barrington Research. Morgan Stanley upgraded CDK Global, Inc. (NASDAQ:CDK) on Friday, February 3 to “Equal-Weight” rating. The rating was maintained by JP Morgan on Tuesday, December 15 with “Underweight”. JP Morgan upgraded it to “Neutral” rating and $49 target in Wednesday, April 6 report. The company was maintained on Wednesday, August 9 by Oppenheimer. The stock of CDK Global, Inc. (NASDAQ:CDK) has “Market Perform” rating given on Wednesday, January 17 by Barrington Research.

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