Artisan Partners Limited Partnership Decreased Te Connectivity LTD (TEL) Position; Worthington Industries (WOR) Shorts Decreased By 5.41%

December 11, 2017 - By Winifred Garcia

Artisan Partners Limited Partnership decreased Te Connectivity Ltd (TEL) stake by 4.61% reported in 2017Q2 SEC filing. Artisan Partners Limited Partnership sold 496,072 shares as Te Connectivity Ltd (TEL)’s stock declined 0.72%. The Artisan Partners Limited Partnership holds 10.27M shares with $807.93 million value, down from 10.76 million last quarter. Te Connectivity Ltd now has $33.48 billion valuation. The stock increased 0.42% or $0.4 during the last trading session, reaching $95.22. About 635,327 shares traded. TE Connectivity Ltd. (NYSE:TEL) has risen 29.30% since December 11, 2016 and is uptrending. It has outperformed by 12.60% the S&P500.

Worthington Industries Incorporated (NYSE:WOR) had a decrease of 5.41% in short interest. WOR’s SI was 1.26M shares in December as released by FINRA. Its down 5.41% from 1.33M shares previously. With 458,200 avg volume, 3 days are for Worthington Industries Incorporated (NYSE:WOR)’s short sellers to cover WOR’s short positions. The SI to Worthington Industries Incorporated’s float is 2.79%. The stock increased 0.85% or $0.36 during the last trading session, reaching $42.67. About 83,637 shares traded. Worthington Industries, Inc. (NYSE:WOR) has risen 17.54% since December 11, 2016 and is uptrending. It has outperformed by 0.84% the S&P500.

Investors sentiment increased to 1.2 in 2017 Q2. Its up 0.41, from 0.79 in 2017Q1. It improved, as 35 investors sold Worthington Industries, Inc. shares while 79 reduced holdings. 29 funds opened positions while 61 raised stakes. 32.56 million shares or 3.98% less from 33.90 million shares in 2017Q1 were reported. 25 were reported by Advisory Services Net Limited Liability Corporation. The Massachusetts-based Acadian Asset Mngmt has invested 0.01% in Worthington Industries, Inc. (NYSE:WOR). 6,348 are held by Glenmede Tru Na. One Trading L P, Illinois-based fund reported 3,304 shares. Strategic Advsr Ltd Llc owns 0.35% invested in Worthington Industries, Inc. (NYSE:WOR) for 19,106 shares. D E Shaw stated it has 12,867 shares. Jpmorgan Chase reported 0.01% in Worthington Industries, Inc. (NYSE:WOR). Thrivent Fin For Lutherans has 0% invested in Worthington Industries, Inc. (NYSE:WOR). Budros Ruhlin & Roe Inc invested in 0.18% or 10,915 shares. Capital Fund Management Sa holds 0.06% or 159,332 shares. Raymond James Finance Svcs Advsrs invested in 0% or 4,221 shares. Verition Fund Ltd Co reported 0.03% in Worthington Industries, Inc. (NYSE:WOR). Metropolitan Life Insurance New York has 71,873 shares. Great West Life Assurance Can holds 26,866 shares or 0% of its portfolio. Park Corp Oh reported 0.05% of its portfolio in Worthington Industries, Inc. (NYSE:WOR).

Among 3 analysts covering Worthington Industries (NYSE:WOR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Worthington Industries had 13 analyst reports since August 27, 2015 according to SRatingsIntel. As per Thursday, August 27, the company rating was downgraded by Zacks. Jefferies maintained it with “Hold” rating and $47.0 target in Wednesday, October 11 report. JP Morgan maintained the shares of WOR in report on Thursday, March 24 with “Neutral” rating. The stock has “Sell” rating by Jefferies on Thursday, March 30. The company was upgraded on Tuesday, March 14 by Macquarie Research. The rating was maintained by Jefferies on Wednesday, June 14 with “Hold”. The firm earned “Hold” rating on Wednesday, September 6 by Jefferies. The rating was downgraded by Macquarie Research on Tuesday, November 29 to “Underperform”. The rating was maintained by Jefferies on Thursday, September 29 with “Hold”. On Thursday, June 29 the stock rating was maintained by Jefferies with “Hold”.

Worthington Industries, Inc., a metals manufacturing company, focuses on value-added steel processing and manufactured metal products in the United States, Austria, Canada, Mexico, Poland, Portugal, and Turkey. The company has market cap of $2.69 billion. The firm operates through three divisions: Steel Processing, Pressure Cylinders, and Engineered Cabs. It has a 15.06 P/E ratio. The Steel Processing segment processes flat-rolled steel for clients primarily in the automotive, aerospace, agricultural, appliance, construction, container, hardware, HVAC, lawn and garden, leisure and recreation, and office furniture and equipment markets.

Artisan Partners Limited Partnership increased Equity Comwlth (NYSE:EQC) stake by 455,747 shares to 3.35 million valued at $105.84 million in 2017Q2. It also upped Priceline Grp Inc (NASDAQ:PCLN) stake by 7,782 shares and now owns 157,540 shares. Ambev Sa (NYSE:ABEV) was raised too.

Analysts await TE Connectivity Ltd. (NYSE:TEL) to report earnings on January, 24. They expect $1.25 earnings per share, up 8.70% or $0.10 from last year’s $1.15 per share. TEL’s profit will be $439.55M for 19.04 P/E if the $1.25 EPS becomes a reality. After $1.25 actual earnings per share reported by TE Connectivity Ltd. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment increased to 1 in 2017 Q2. Its up 0.03, from 0.97 in 2017Q1. It improved, as 41 investors sold TEL shares while 194 reduced holdings. 65 funds opened positions while 164 raised stakes. 309.23 million shares or 2.81% less from 318.18 million shares in 2017Q1 were reported. Brown Brothers Harriman & Company invested in 0% or 6,555 shares. New York State Common Retirement Fund owns 12,300 shares for 0% of their portfolio. Asset Mgmt reported 30,828 shares. Bp Pcl reported 45,000 shares. 5,387 are owned by Aull And Monroe Inv Mngmt Corporation. Dowling Yahnke Limited Liability Corp stated it has 0.09% in TE Connectivity Ltd. (NYSE:TEL). 18,306 were reported by Glg Ltd Company. Boston Private Wealth Ltd Com reported 48,623 shares or 0.15% of all its holdings. Serv Automobile Association holds 120,515 shares or 0.03% of its portfolio. Great Lakes Ltd holds 0.03% of its portfolio in TE Connectivity Ltd. (NYSE:TEL) for 13,927 shares. Peapack Gladstone Fincl has invested 0% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Icon Advisers Inc Communications owns 107,800 shares or 0.59% of their US portfolio. Credit Agricole S A owns 85,925 shares or 0.02% of their US portfolio. First Allied Advisory Service invested 0.02% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). State Of New Jersey Common Pension Fund D invested in 172,100 shares.

Among 12 analysts covering TE Connectivity (NYSE:TEL), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. TE Connectivity had 32 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, January 18 report. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Hold” rating given on Wednesday, October 11 by SunTrust. Morgan Stanley maintained the shares of TEL in report on Thursday, November 2 with “Overweight” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, September 25. As per Thursday, October 12, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, January 26 by Stifel Nicolaus. Cowen & Co maintained it with “Buy” rating and $9500 target in Wednesday, August 9 report. Stifel Nicolaus maintained TE Connectivity Ltd. (NYSE:TEL) on Monday, September 4 with “Buy” rating. The company was downgraded on Wednesday, January 4 by Goldman Sachs. The stock has “Neutral” rating by Longbow on Thursday, January 14.

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