Autozone (AZO) Market Value Declined While Carderock Capital Management Has Cut Position; Greenlight Capital Has Decreased Stake in Pvh (PVH) by $25.98 Million

December 20, 2017 - By Maria Brooks

David Einhorn decreased its stake in Pvh Corp (PVH) by 37.08% based on its latest 2017Q2 regulatory filing with the SEC. Greenlight Capital Inc sold 227,933 shares as the company’s stock rose 11.17% with the market. The hedge fund run by David Einhorn held 386,837 shares of the apparel company at the end of 2017Q2, valued at $44.29M, down from 614,770 at the end of the previous reported quarter. Greenlight Capital Inc who had been investing in Pvh Corp for a number of months, seems to be less bullish one the $10.44 billion market cap company. The stock decreased 0.67% or $0.91 during the last trading session, reaching $135.69. About 186,395 shares traded. PVH Corp. (NYSE:PVH) has risen 16.19% since December 20, 2016 and is uptrending. It has underperformed by 0.51% the S&P500.

Carderock Capital Management Inc decreased its stake in Autozone (AZO) by 41.21% based on its latest 2017Q2 regulatory filing with the SEC. Carderock Capital Management Inc sold 1,210 shares as the company’s stock declined 9.10% while stock markets rallied. The institutional investor held 1,726 shares of the consumer services company at the end of 2017Q2, valued at $985,000, down from 2,936 at the end of the previous reported quarter. Carderock Capital Management Inc who had been investing in Autozone for a number of months, seems to be less bullish one the $19.12B market cap company. The stock increased 0.05% or $0.32 during the last trading session, reaching $701.33. About 156,660 shares traded. AutoZone, Inc. (NYSE:AZO) has declined 10.95% since December 20, 2016 and is downtrending. It has underperformed by 27.65% the S&P500.

Investors sentiment decreased to 0.83 in Q2 2017. Its down 0.12, from 0.95 in 2017Q1. It is negative, as 37 investors sold PVH shares while 172 reduced holdings. 53 funds opened positions while 120 raised stakes. 72.94 million shares or 0.31% less from 73.16 million shares in 2017Q1 were reported. Biltmore Wealth Mngmt Ltd Llc owns 6,720 shares. Bronson Point Ltd Liability holds 5,000 shares. X Com Lc reported 6,399 shares. Bluemountain Cap Mngmt Ltd Llc invested in 12,159 shares. Amica Mutual Insur invested in 4,097 shares or 0.04% of the stock. Geode Cap Limited Liability holds 849,794 shares. Systematic Lp holds 1.29% or 611,273 shares. Tarbox Family Office stated it has 7 shares or 0% of all its holdings. Ameritas Invest Ptnrs Inc has invested 0.01% in PVH Corp. (NYSE:PVH). Parametric Port Associate Ltd Llc holds 0.03% or 182,803 shares in its portfolio. Jane Street Group Incorporated Lc owns 1,796 shares. Quantitative Systematic Strategies Ltd Liability Corporation reported 0.72% in PVH Corp. (NYSE:PVH). Cipher LP reported 0.17% stake. Nomura Holdings Inc owns 5,850 shares. Moreover, Pioneer Investment Mngmt has 0.07% invested in PVH Corp. (NYSE:PVH) for 185,030 shares.

Greenlight Capital Inc, which manages about $11.41 billion and $6.20B US Long portfolio, upped its stake in Perrigo Co Plc (NYSE:PRGO) by 827,000 shares to 2.53 million shares, valued at $190.84M in 2017Q2, according to the filing. It also increased its holding in General Mtrs Co (NYSE:GM) by 36.76 million shares in the quarter, for a total of 54.76 million shares, and has risen its stake in Mylan N V (NASDAQ:MYL).

Since August 25, 2017, it had 0 insider buys, and 5 insider sales for $54.07 million activity. DUANE FRANCIS K also sold $3.04M worth of PVH Corp. (NYSE:PVH) shares. FISCHER MARK D sold $717,994 worth of PVH Corp. (NYSE:PVH) on Tuesday, September 5. 851 shares valued at $108,068 were sold by HOLMES JAMES on Wednesday, September 20. KOZEL DAVID F had sold 8,867 shares worth $1.11M.

Among 20 analysts covering PVH Corp (NYSE:PVH), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. PVH Corp had 77 analyst reports since August 19, 2015 according to SRatingsIntel. The company was maintained on Monday, March 28 by Brean Capital. Wells Fargo maintained it with “Outperform” rating and $126 target in Friday, March 24 report. UBS maintained it with “Buy” rating and $12800 target in Monday, June 26 report. The rating was maintained by Credit Suisse with “Outperform” on Friday, August 25. Buckingham Research maintained the shares of PVH in report on Friday, August 28 with “Buy” rating. Cowen & Co maintained the shares of PVH in report on Friday, August 11 with “Buy” rating. Cowen & Co maintained the shares of PVH in report on Wednesday, August 23 with “Buy” rating. The rating was maintained by Buckingham Research on Friday, August 25 with “Buy”. The firm has “Buy” rating given on Tuesday, December 1 by UBS. The stock of PVH Corp. (NYSE:PVH) earned “Buy” rating by Deutsche Bank on Monday, March 28.

Carderock Capital Management Inc, which manages about $350.61 million and $221.66M US Long portfolio, upped its stake in Sherwin (NYSE:SHW) by 3,365 shares to 6,225 shares, valued at $2.19 million in 2017Q2, according to the filing.

Among 23 analysts covering Autozone Inc. (NYSE:AZO), 11 have Buy rating, 0 Sell and 12 Hold. Therefore 48% are positive. Autozone Inc. had 67 analyst reports since August 24, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Outperform” rating and $814 target in Friday, October 21 report. The rating was maintained by Credit Suisse with “Buy” on Monday, July 17. The firm earned “Hold” rating on Thursday, July 6 by RBC Capital Markets. Credit Suisse maintained it with “Buy” rating and $583.0 target in Wednesday, September 20 report. As per Friday, August 26, the company rating was initiated by Susquehanna. The stock of AutoZone, Inc. (NYSE:AZO) has “Hold” rating given on Friday, November 10 by RBC Capital Markets. The rating was maintained by IBC on Thursday, May 25 with “Buy”. On Thursday, July 6 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The firm has “Buy” rating by Oppenheimer given on Tuesday, June 20. The stock of AutoZone, Inc. (NYSE:AZO) earned “Buy” rating by UBS on Wednesday, November 29.

Since September 28, 2017, it had 0 buys, and 1 sale for $1.75 million activity.

Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.02, from 0.87 in 2017Q1. It turned negative, as 81 investors sold AZO shares while 174 reduced holdings. 70 funds opened positions while 147 raised stakes. 26.61 million shares or 3.74% less from 27.65 million shares in 2017Q1 were reported. World Asset has 0.05% invested in AutoZone, Inc. (NYSE:AZO) for 2,719 shares. Dnb Asset Management As owns 10,476 shares for 0% of their portfolio. Victory Cap Incorporated reported 3,493 shares. 12,033 were accumulated by Archford Capital Strategies Ltd Llc. Nikko Asset Mgmt Americas has invested 0% of its portfolio in AutoZone, Inc. (NYSE:AZO). Ls Investment Advsr Limited Liability Corporation has 1,738 shares. Moreover, Delta Asset Mngmt Limited Liability Com Tn has 0.03% invested in AutoZone, Inc. (NYSE:AZO). Dekabank Deutsche Girozentrale reported 9,525 shares. Ally reported 2,500 shares. Tci Wealth Advsr reported 41 shares stake. Wolverine Asset Management Ltd, a Illinois-based fund reported 2,000 shares. Suntrust Banks owns 745 shares or 0% of their US portfolio. Sentry Investments Corp has invested 0.93% in AutoZone, Inc. (NYSE:AZO). Thrivent Fincl For Lutherans has 0% invested in AutoZone, Inc. (NYSE:AZO). Oregon Public Employees Retirement Fund reported 3,067 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: