Quadrant Capital Management Has Decreased Discover Financial Services (DFS) Position by $1.74 Million; Shares Declined; Thermo Fisher Scientific (TMO) Stake Has Lifted by Private Wealth Partners Llc

January 14, 2018 - By Adrian Erickson

Private Wealth Partners Llc increased its stake in Thermo Fisher Scientific Inc (TMO) by 5.64% based on its latest 2017Q3 regulatory filing with the SEC. Private Wealth Partners Llc bought 4,824 shares as the company’s stock rose 8.13% with the market. The institutional investor held 90,383 shares of the industrial machinery and components company at the end of 2017Q3, valued at $17.10 million, up from 85,559 at the end of the previous reported quarter. Private Wealth Partners Llc who had been investing in Thermo Fisher Scientific Inc for a number of months, seems to be bullish on the $84.28B market cap company. The stock increased 0.72% or $1.51 during the last trading session, reaching $210.17. About 1.49M shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since January 14, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Quadrant Capital Management Llc decreased its stake in Discover Financial Services (DFS) by 81.11% based on its latest 2017Q3 regulatory filing with the SEC. Quadrant Capital Management Llc sold 27,115 shares as the company’s stock declined 15.69% while stock markets rallied. The institutional investor held 6,315 shares of the consumer services company at the end of 2017Q3, valued at $407,000, down from 33,430 at the end of the previous reported quarter. Quadrant Capital Management Llc who had been investing in Discover Financial Services for a number of months, seems to be less bullish one the $29.26 billion market cap company. The stock increased 0.19% or $0.15 during the last trading session, reaching $80.51. About 2.08M shares traded. Discover Financial Services (NYSE:DFS) has risen 10.42% since January 14, 2017 and is uptrending. It has underperformed by 6.28% the S&P500.

Since August 2, 2017, it had 0 insider buys, and 7 sales for $18.71 million activity. Another trade for 3,894 shares valued at $721,091 was made by HORNSTRA PETER E on Tuesday, September 5. 2,026 shares valued at $366,645 were sold by Shine Daniel P on Wednesday, August 30. HOOGASIAN SETH H sold $736,092 worth of stock or 4,140 shares. Herrema Gregory J. sold 30,000 shares worth $5.28M. HARRIS C MARTIN sold $65,149 worth of stock. On Friday, December 15 the insider CASPER MARC N sold $9.59M.

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.05, from 0.91 in 2017Q2. It is positive, 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. First Bancorp Of Omaha invested in 0.47% or 40,236 shares. Suffolk Capital Mgmt Limited Liability Co has 79,079 shares for 1.97% of their portfolio. Veritas Asset Mgmt Limited Liability Partnership has 3.50M shares. Marco Investment Management Limited Liability accumulated 10,180 shares or 0.3% of the stock. Moreover, Becker Capital Management Incorporated has 0.01% invested in Thermo Fisher Scientific Inc. (NYSE:TMO). 16,802 were accumulated by Sg Americas Lc. State Of New Jersey Common Pension Fund D has 95,000 shares. First Manhattan has 532,115 shares. 15,830 were accumulated by Laffer. 10 are held by Mark Sheptoff Fincl Planning Ltd Limited Liability Company. 194,900 were reported by Honeywell. Ghost Tree Capital Ltd accumulated 50,000 shares. Voya Management Llc holds 0.06% in Thermo Fisher Scientific Inc. (NYSE:TMO) or 149,450 shares. Adell Harriman & Carpenter accumulated 4,914 shares. 36,593 are owned by Princeton Portfolio Strategies Gp Lc.

Private Wealth Partners Llc, which manages about $794.14M and $497.39 million US Long portfolio, decreased its stake in Amazon Com Inc (NASDAQ:AMZN) by 357 shares to 18,691 shares, valued at $17.97M in 2017Q3, according to the filing. It also reduced its holding in Ironwood Pharmaceuticals Inc (NASDAQ:IRWD) by 38,200 shares in the quarter, leaving it with 11,380 shares, and cut its stake in Verizon Communications Inc (NYSE:VZ).

Among 18 analysts covering Thermo Fisher Scientific (NYSE:TMO), 17 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Thermo Fisher Scientific had 53 analyst reports since July 24, 2015 according to SRatingsIntel. Cleveland upgraded it to “Buy” rating and $20600 target in Thursday, July 20 report. Mizuho maintained Thermo Fisher Scientific Inc. (NYSE:TMO) rating on Thursday, July 23. Mizuho has “Buy” rating and $160 target. Cowen & Co maintained Thermo Fisher Scientific Inc. (NYSE:TMO) on Wednesday, October 25 with “Buy” rating. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Buy” rating given on Tuesday, September 26 by Goldman Sachs. The firm has “Buy” rating by Evercore given on Wednesday, January 3. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Overweight” rating by JP Morgan on Thursday, September 22. As per Friday, October 20, the company rating was maintained by Jefferies. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Buy” rating by Leerink Swann on Friday, April 28. The stock has “Hold” rating by Jefferies on Friday, April 29. Jefferies maintained Thermo Fisher Scientific Inc. (NYSE:TMO) on Wednesday, September 27 with “Hold” rating.

Analysts await Discover Financial Services (NYSE:DFS) to report earnings on January, 23. They expect $1.53 earnings per share, up 9.29% or $0.13 from last year’s $1.4 per share. DFS’s profit will be $555.98 million for 13.16 P/E if the $1.53 EPS becomes a reality. After $1.59 actual earnings per share reported by Discover Financial Services for the previous quarter, Wall Street now forecasts -3.77% negative EPS growth.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.14, from 0.91 in 2017Q2. It turned negative, as 71 investors sold DFS shares while 261 reduced holdings. 58 funds opened positions while 197 raised stakes. 301.28 million shares or 2.91% less from 310.30 million shares in 2017Q2 were reported. 110,200 are held by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management Corporation. New York-based Prelude Capital Llc has invested 0% in Discover Financial Services (NYSE:DFS). White Pine Inv Communication stated it has 76,911 shares. Amica Retiree Medical Trust holds 0.51% or 10,062 shares. Metropolitan Life Ins Ny holds 175,603 shares or 0.07% of its portfolio. Americafirst Capital Ltd Liability holds 0.19% of its portfolio in Discover Financial Services (NYSE:DFS) for 2,167 shares. Polar Capital Limited Liability Partnership invested in 0.04% or 53,371 shares. Sandy Spring Bancorp accumulated 916 shares. Moreover, Palladium Partners Ltd Limited Liability Company has 1.04% invested in Discover Financial Services (NYSE:DFS). 78 are held by Amer & Mngmt Communication. Lowe Brockenbrough & holds 138,028 shares. Pax Ww Ltd Co reported 0.01% in Discover Financial Services (NYSE:DFS). Fred Alger reported 17,066 shares or 0.01% of all its holdings. Ngam Advsr Ltd Partnership accumulated 0.15% or 214,885 shares. Midwest Invest Management Ltd Com invested in 1.37% or 25,797 shares.

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