Bbva Compass Bancshares Maintains Position in Honeywell International (HON); Third Avenue Management Lifted Its … – BZ Weekly


October 28, 2017 – By Linda Rogers

Bbva Compass Bancshares Inc increased its stake in Honeywell International Inc (HON) by 3.39% based on its latest 2017Q2 regulatory filing with the SEC. Bbva Compass Bancshares Inc bought 3,602 shares as the company’s stock rose 5.49% with the market. The institutional investor held 109,758 shares of the o.e.m. company at the end of 2017Q2, valued at $14.63M, up from 106,156 at the end of the previous reported quarter. Bbva Compass Bancshares Inc who had been investing in Honeywell International Inc for a number of months, seems to be bullish on the $111.38B market cap company. The stock increased 0.25% or $0.37 on October 27, reaching $146.2. About 1.87 million shares traded. Honeywell International Inc. (NYSE:HON) has risen 17.66% since October 28, 2016 and is uptrending. It has outperformed by 0.96% the S&P500.

Martin Whitman increased its stake in Cosan Ltd. (CZZ) by 10.18% based on its latest 2017Q2 regulatory filing with the SEC. Third Avenue Management Llc bought 52,000 shares as the company’s stock declined 18.27% while stock markets rallied. The hedge fund run by Martin Whitman held 563,000 shares of the specialty foods company at the end of 2017Q2, valued at $3.61 million, up from 511,000 at the end of the previous reported quarter. Third Avenue Management Llc who had been investing in Cosan Ltd. for a number of months, seems to be bullish on the $2.44B market cap company. The stock increased 0.91% or $0.08 on October 27, reaching $8.86. About 498,873 shares traded. Cosan Ltd (USA) (NYSE:CZZ) has risen 35.16% since October 28, 2016 and is uptrending. It has outperformed by 18.46% the S&P500.

Bbva Compass Bancshares Inc, which manages about $1.52B US Long portfolio, decreased its stake in Ishares Msci Emerging Markets (EEM) by 12,015 shares to 111,919 shares, valued at $4.63 million in 2017Q2, according to the filing. It also reduced its holding in United Parcel Service Inc (NYSE:UPS) by 8,654 shares in the quarter, leaving it with 84,935 shares, and cut its stake in Cognex Corporation (NASDAQ:CGNX).

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 76 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Sunday, October 22. The rating was maintained by Robert W. Baird on Wednesday, October 11 with “Buy”. On Monday, June 6 the stock rating was maintained by UBS with “Neutral”. RBC Capital Markets maintained it with “Buy” rating and $148.0 target in Friday, August 25 report. The firm earned “Buy” rating on Wednesday, July 5 by Stifel Nicolaus. Jefferies maintained Honeywell International Inc. (NYSE:HON) rating on Friday, May 26. Jefferies has “Buy” rating and $14100 target. The rating was maintained by Credit Suisse with “Neutral” on Monday, April 25. The firm earned “Buy” rating on Monday, April 25 by Jefferies. Credit Suisse maintained the shares of HON in report on Monday, October 23 with “Hold” rating. Barclays Capital maintained the shares of HON in report on Monday, November 16 with “Overweight” rating.

More notable recent Honeywell International Inc. (NYSE:HON) news were published by: Nasdaq.com which released: “Earnings Reaction History: Honeywell International Inc., 63.6% Follow-Through …” on October 20, 2017, also Latimes.com with their article: “Honeywell spins off homes, distribution operations” published on October 10, 2017, Seekingalpha.com published: “Honeywell: Margins Are The Real Story Here” on October 27, 2017. More interesting news about Honeywell International Inc. (NYSE:HON) were released by: Reuters.com and their article: “Honeywell ups dividend, seeks to avoid aerospace spinoff” published on September 29, 2017 as well as Seekingalpha.com‘s news article titled: “Honeywell: The Spinoff No One Wanted?” with publication date: October 12, 2017.

Since May 5, 2017, it had 0 insider purchases, and 5 selling transactions for $22.05 million activity. 3,430 Honeywell International Inc. (NYSE:HON) shares with value of $451,765 were sold by SHEARES BRADLEY T. 116,021 Honeywell International Inc. (NYSE:HON) shares with value of $15.28M were sold by Adams Katherine L.. $726,659 worth of stock was sold by Mak Jennifer H on Tuesday, May 23. DAVIS D SCOTT had sold 6,535 shares worth $855,889 on Friday, May 5.

Investors sentiment decreased to 0.96 in 2017 Q2. Its down 0.08, from 1.04 in 2017Q1. It dived, as 58 investors sold HON shares while 492 reduced holdings. 104 funds opened positions while 426 raised stakes. 562.97 million shares or 0.95% less from 568.40 million shares in 2017Q1 were reported. Beck Mack Oliver Limited Co holds 0.03% or 7,350 shares in its portfolio. Ferguson Wellman Mngmt stated it has 373,596 shares or 1.87% of all its holdings. Argent Trust owns 4,786 shares or 0.26% of their US portfolio. Horizon Limited Liability Corp accumulated 11,585 shares. Buckingham Cap Management holds 0.72% or 23,543 shares. Moreover, D L Carlson Grp has 0.31% invested in Honeywell International Inc. (NYSE:HON) for 7,859 shares. Allstate invested in 13,378 shares. Exxonmobil Investment Management Inc Tx has invested 0.49% in Honeywell International Inc. (NYSE:HON). The Ohio-based Huntington State Bank has invested 1% in Honeywell International Inc. (NYSE:HON). Kings Point Management accumulated 77,587 shares or 2.41% of the stock. Meyer Handelman accumulated 653,575 shares. Dana Investment Advsr Inc holds 1.25% or 199,973 shares. 3,157 are owned by Mercer Advisers. Fayez Sarofim Com holds 0.01% or 12,140 shares in its portfolio. Shufro Rose & Ltd reported 0.02% of its portfolio in Honeywell International Inc. (NYSE:HON).

Among 2 analysts covering Cosan Limited (NYSE:CZZ), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Cosan Limited had 3 analyst reports since August 25, 2015 according to SRatingsIntel. Zacks upgraded the shares of CZZ in report on Tuesday, August 25 to “Sell” rating. Standpoint Research downgraded the stock to “Hold” rating in Friday, October 7 report. The rating was downgraded by Bank of America to “Neutral” on Monday, September 28.

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