De Burlo Group Increases Holding in Thermo Fisher Scientific (TMO); Lord Abbett & Company Has Cut Dover Com (DOV) Holding by $26.99 Million

February 23, 2018 - By Darrin Black

De Burlo Group Inc increased its stake in Thermo Fisher Scientific Inc (TMO) by 107.55% based on its latest 2017Q3 regulatory filing with the SEC. De Burlo Group Inc bought 17,100 shares as the company’s stock rose 8.13% with the market. The institutional investor held 33,000 shares of the industrial machinery and components company at the end of 2017Q3, valued at $6.24M, up from 15,900 at the end of the previous reported quarter. De Burlo Group Inc who had been investing in Thermo Fisher Scientific Inc for a number of months, seems to be bullish on the $84.33B market cap company. The stock increased 0.56% or $1.17 during the last trading session, reaching $210.3. About 225,661 shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since February 23, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Lord Abbett & Company decreased its stake in Dover Corp Com (DOV) by 23.43% based on its latest 2017Q3 regulatory filing with the SEC. Lord Abbett & Company sold 296,578 shares as the company’s stock rose 4.00% with the market. The institutional investor held 969,214 shares of the industrial machinery and components company at the end of 2017Q3, valued at $88.58 million, down from 1.27 million at the end of the previous reported quarter. Lord Abbett & Company who had been investing in Dover Corp Com for a number of months, seems to be less bullish one the $15.62B market cap company. The stock decreased 0.88% or $0.9025 during the last trading session, reaching $101.1575. About 263,262 shares traded. Dover Corporation (NYSE:DOV) has risen 29.68% since February 23, 2017 and is uptrending. It has outperformed by 12.98% the S&P500.

Among 23 analysts covering Dover (NYSE:DOV), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Dover had 95 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Dover Corporation (NYSE:DOV) earned “Hold” rating by Stifel Nicolaus on Friday, July 21. The firm earned “Buy” rating on Friday, January 6 by UBS. The firm has “Buy” rating by Robert W. Baird given on Tuesday, September 12. The firm earned “Hold” rating on Friday, January 12 by Susquehanna. On Friday, June 10 the stock rating was upgraded by Bernstein to “Outperform”. As per Friday, January 15, the company rating was downgraded by Bernstein. BMO Capital Markets maintained Dover Corporation (NYSE:DOV) on Thursday, July 20 with “Buy” rating. The firm has “Buy” rating by Suntrust Robinson given on Tuesday, November 3. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, January 27. The firm has “Hold” rating given on Friday, September 1 by Stifel Nicolaus.

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.13, from 0.91 in 2017Q2. It improved, as 33 investors sold DOV shares while 190 reduced holdings. 76 funds opened positions while 157 raised stakes. 130.20 million shares or 1.96% less from 132.81 million shares in 2017Q2 were reported. Advantus Capital Mngmt has invested 0.04% in Dover Corporation (NYSE:DOV). Cornerstone Advisors accumulated 0.03% or 488 shares. Qs Invsts holds 0% or 3,373 shares. Proshare Limited Liability Company has 744,995 shares for 0.63% of their portfolio. Bb&T holds 11,576 shares or 0.02% of its portfolio. Moreover, Korea Invest Corporation has 0.15% invested in Dover Corporation (NYSE:DOV) for 358,541 shares. Bahl & Gaynor Inc, Ohio-based fund reported 101,255 shares. Veritable Lp owns 4,119 shares. Manning And Napier Advsr invested 0.03% in Dover Corporation (NYSE:DOV). Planning Advisors Limited Liability Co reported 16,550 shares stake. 4,749 are owned by Da Davidson & Co. Tocqueville Asset Mngmt Lp has 113,419 shares. 61,551 are owned by Keybank Natl Association Oh. Woodstock reported 0.06% of its portfolio in Dover Corporation (NYSE:DOV). California Pub Employees Retirement System accumulated 415,576 shares or 0.06% of the stock.

Since October 23, 2017, it had 0 buys, and 4 sales for $5.83 million activity. STUBBS MICHAEL B sold $3.97M worth of stock or 41,505 shares. Another trade for 6,554 shares valued at $624,203 was made by Spurgeon William on Thursday, October 26.

Analysts await Dover Corporation (NYSE:DOV) to report earnings on April, 19. They expect $1.16 earnings per share, up 65.71% or $0.46 from last year’s $0.7 per share. DOV’s profit will be $179.13 million for 21.80 P/E if the $1.16 EPS becomes a reality. After $1.13 actual earnings per share reported by Dover Corporation for the previous quarter, Wall Street now forecasts 2.65% EPS growth.

Lord Abbett & Company, which manages about $34.25 billion US Long portfolio, upped its stake in Hanesbrands Inc Com (NYSE:HBI) by 1.25 million shares to 1.70 million shares, valued at $41.88M in 2017Q3, according to the filing. It also increased its holding in Oxford Inds Inc Com (NYSE:OXM) by 115,254 shares in the quarter, for a total of 317,341 shares, and has risen its stake in Arista Networks Inc Com (NYSE:ANET).

Among 19 analysts covering Thermo Fisher Scientific (NYSE:TMO), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. Thermo Fisher Scientific had 61 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, January 31 by Robert W. Baird. As per Tuesday, October 6, the company rating was initiated by Argus Research. The rating was maintained by Barclays Capital with “Buy” on Monday, September 25. On Thursday, February 1 the stock rating was maintained by Jefferies with “Hold”. On Wednesday, October 25 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Buy” rating by Robert W. Baird on Monday, October 23. The firm earned “Hold” rating on Tuesday, June 6 by Jefferies. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Buy” rating given on Thursday, February 1 by Bank of America. Mizuho maintained Thermo Fisher Scientific Inc. (NYSE:TMO) on Tuesday, May 3 with “Buy” rating. The rating was maintained by Cowen & Co on Friday, September 8 with “Buy”.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.05, from 0.91 in 2017Q2. It improved, as 51 investors sold TMO shares while 383 reduced holdings. 77 funds opened positions while 339 raised stakes. 333.20 million shares or 3.09% more from 323.23 million shares in 2017Q2 were reported. Colony Grp Inc Ltd Liability Company stated it has 3,652 shares. Signature Est And Invest Advsr Ltd Liability Company accumulated 92,211 shares or 1.95% of the stock. Mutual Of America Management Ltd Co invested 0.15% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Exchange Capital Mgmt has 0.01% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 152 shares. Essex Financial Serv stated it has 15,109 shares. Cambridge Inv Research Advsrs Incorporated owns 10,593 shares for 0.03% of their portfolio. Marco Mgmt Ltd Liability Corporation holds 10,180 shares or 0.3% of its portfolio. Moreover, Bokf Na has 0.17% invested in Thermo Fisher Scientific Inc. (NYSE:TMO). Private Cap owns 42,546 shares. Research Invsts holds 1.05% or 18.43M shares in its portfolio. Sei Invests has 261,919 shares for 0.18% of their portfolio. Banque Pictet Cie accumulated 404,287 shares or 1.73% of the stock. Delta Asset Management Lc Tn accumulated 14 shares or 0% of the stock. Crestwood Gru Lc holds 0.03% or 2,105 shares in its portfolio. Inv Management Of Virginia Limited Liability Com holds 16,684 shares.

De Burlo Group Inc, which manages about $619.44 million and $451.20M US Long portfolio, decreased its stake in Masco Corp (NYSE:MAS) by 91,100 shares to 145,150 shares, valued at $5.66 million in 2017Q3, according to the filing. It also reduced its holding in Broadcom Ltd by 13,100 shares in the quarter, leaving it with 45,250 shares, and cut its stake in Stryker Corp (NYSE:SYK).

Since August 28, 2017, it had 0 insider purchases, and 9 sales for $21.36 million activity. 2,026 shares were sold by Shine Daniel P, worth $366,645 on Wednesday, August 30. The insider CASPER MARC N sold 50,000 shares worth $9.59M. The insider HARRIS C MARTIN sold $65,149. On Thursday, February 15 Parrett William G sold $209,796 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) or 1,000 shares. Shares for $1.05 million were sold by Williamson Stephen on Wednesday, February 7. Herrema Gregory J. sold $7.32 million worth of stock.

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