As Greif (GEF) Valuation Declined, Shareholder United Services Automobile Association Cut Its Position by $353,430; Twin Capital Management Has Boosted Its Smith (A.O) Cl B (AOS) Position



August 22, 2017 – By Hazel Jackson

United Services Automobile Association decreased its stake in Greif Inc (GEF) by 3.03% based on its latest 2016Q4 regulatory filing with the SEC. United Services Automobile Association sold 6,930 shares as the company’s stock declined 1.66% while stock markets rallied. The institutional investor held 222,060 shares of the company at the end of 2016Q4, valued at $11.39M, down from 228,990 at the end of the previous reported quarter. United Services Automobile Association who had been investing in Greif Inc for a number of months, seems to be less bullish one the $2.78 billion market cap company. The stock rose 1.42% or $0.79 reaching $56.47. About 50,197 shares traded. Greif, Inc. (NYSE:GEF) has risen 67.37% since August 22, 2016 and is uptrending. It has outperformed by 50.67% the S&P500.

David Simon increased its stake in Smith (A.O) Corp Cl B (AOS) by 110.81% based on its latest 2016Q4 regulatory filing with the SEC. Twin Capital Management Inc bought 41,000 shares as the company’s stock rose 8.51% with the market. The hedge fund run by David Simon held 78,000 shares of the consumer electronics and appliances company at the end of 2016Q4, valued at $3.69M, up from 37,000 at the end of the previous reported quarter. Twin Capital Management Inc who had been investing in Smith (A.O) Corp Cl B for a number of months, seems to be bullish on the $9.38B market cap company. The stock rose 0.82% or $0.44 reaching $54.2 per share. About 221,770 shares traded. A. O. Smith Corp (NYSE:AOS) has risen 35.20% since August 22, 2016 and is uptrending. It has outperformed by 18.50% the S&P500.

Among 7 analysts covering Greif (NYSE:GEF), 3 have Buy rating, 2 Sell and 2 Hold. Therefore 43% are positive. Greif had 26 analyst reports since August 11, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, August 11 by Zacks. The rating was downgraded by Bank of America on Tuesday, November 22 to “Neutral”. The stock of Greif, Inc. (NYSE:GEF) has “Market Perform” rating given on Monday, November 21 by Wells Fargo. The firm has “Hold” rating given on Wednesday, August 16 by BMO Capital Markets. The firm has “Underperform” rating by DA Davidson given on Monday, November 21. The stock of Greif, Inc. (NYSE:GEF) has “Outperform” rating given on Wednesday, January 4 by Robert W. Baird. The firm has “Buy” rating by Bank of America given on Tuesday, September 6. On Wednesday, May 25 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. The rating was maintained by BMO Capital Markets on Monday, April 24 with “Hold”. On Friday, June 9 the stock rating was maintained by Bank of America with “Buy”.

Since June 13, 2017, it had 3 insider buys, and 0 selling transactions for $935,154 activity. Hilsheimer Lawrence A. also bought $409,269 worth of Greif, Inc. (NYSE:GEF) shares. The insider WATSON PETER G bought $253,029.

More notable recent Greif, Inc. (NYSE:GEF) news were published by: Seekingalpha.com which released: “Greif: Voting Vs. Non-Voting Relative Value Arbitrage” on July 27, 2017, also Businesswire.com with their article: “Greif, Inc. Announces Highlights of 2017 Investor Day” published on June 28, 2017, Businesswire.com published: “Greif, Inc. Introduces New Branding: Packaging Success Together” on May 03, 2017. More interesting news about Greif, Inc. (NYSE:GEF) were released by: Businesswire.com and their article: “Greif, Inc. Announces 2017 Third Quarter Earnings Release and Conference Call Date” published on August 10, 2017 as well as Plasticsnews.com‘s news article titled: “Greif to open Texas manufacturing facility” with publication date: August 01, 2017.

Investors sentiment increased to 1.31 in 2016 Q4. Its up 0.25, from 1.06 in 2016Q3. It is positive, as 16 investors sold GEF shares while 59 reduced holdings. 31 funds opened positions while 67 raised stakes. 23.00 million shares or 0.83% more from 22.81 million shares in 2016Q3 were reported. Advsrs Asset invested 0.04% of its portfolio in Greif, Inc. (NYSE:GEF). Gamco Et Al, New York-based fund reported 921,165 shares. 2,750 were reported by C M Bidwell And Associate Ltd. Rhumbline Advisers holds 0.01% in Greif, Inc. (NYSE:GEF) or 53,652 shares. 85,637 were accumulated by Guggenheim Cap Limited Liability Company. Tower Rech Cap Ltd (Trc) invested in 1,412 shares or 0.01% of the stock. Geode Mgmt Lc holds 0.01% of its portfolio in Greif, Inc. (NYSE:GEF) for 273,437 shares. Shell Asset Mngmt Communication has 19,035 shares. 10,350 were accumulated by Fairpointe. Strs Ohio has invested 0% in Greif, Inc. (NYSE:GEF). Barrow Hanley Mewhinney & Strauss Ltd has 104,374 shares for 0.01% of their portfolio. Ameriprise Fincl holds 237,231 shares. Cubist Systematic Strategies Limited Liability Corp holds 0.01% or 3,001 shares. Hightower Advsr Ltd Liability Corporation holds 4,391 shares. Keybank National Association Oh reported 0% stake.

Analysts await Greif, Inc. (NYSE:GEF) to report earnings on August, 30. They expect $0.84 earnings per share, down 7.69% or $0.07 from last year’s $0.91 per share. GEF’s profit will be $41.35 million for 16.81 P/E if the $0.84 EPS becomes a reality. After $0.67 actual earnings per share reported by Greif, Inc. for the previous quarter, Wall Street now forecasts 25.37% EPS growth.

United Services Automobile Association, which manages about $29.90B US Long portfolio, upped its stake in Abiomed Inc (NASDAQ:ABMD) by 64,570 shares to 110,110 shares, valued at $12.41 million in 2016Q4, according to the filing. It also increased its holding in Cisco Systems Inc (NASDAQ:CSCO) by 245,611 shares in the quarter, for a total of 10.41 million shares, and has risen its stake in Ishares Msci Canada Etf (EWC).

Since March 9, 2017, it had 0 insider purchases, and 12 selling transactions for $10.03 million activity. Another trade for 750 shares valued at $41,220 was made by WOLF IDELLE K on Tuesday, May 9. Lauber Charles T sold 3,987 shares worth $216,707. On Thursday, May 4 the insider Wheeler Kevin J. sold $739,708. Another trade for 30,000 shares valued at $1.66M was made by Rajendra Ajita G on Friday, May 5. Another trade for 8,000 shares valued at $433,961 was made by BROWN RONALD D on Wednesday, May 24. $1.37 million worth of A. O. Smith Corp (NYSE:AOS) was sold by STERN JAMES F.

More recent A. O. Smith Corp (NYSE:AOS) news were published by: Jsonline.com which released: “AO Smith Corp. reports sales are up nearly 11% from last year” on July 26, 2017. Also Bizjournals.com published the news titled: “City panel backs funds for AO Smith research center” on July 25, 2017. Jsonline.com‘s news article titled: “Milwaukee boosts Park Place business park with new AO Smith center, funds …” with publication date: July 29, 2017 was also an interesting one.

Twin Capital Management Inc, which manages about $948.03M and $1.55B US Long portfolio, decreased its stake in Oracle Corp Com (NYSE:ORCL) by 7,964 shares to 41,331 shares, valued at $1.59 million in 2016Q4, according to the filing. It also reduced its holding in Mfc Vanguard Extd Mkt Etf (VXF) by 8,460 shares in the quarter, leaving it with 45,060 shares, and cut its stake in Facebook Inc Class A Common (NASDAQ:FB).

Among 14 analysts covering AO Smith Corp (NYSE:AOS), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. AO Smith Corp had 21 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of A. O. Smith Corp (NYSE:AOS) has “Neutral” rating given on Friday, June 17 by Longbow. KeyBanc Capital Markets maintained it with “Overweight” rating and $88 target in Friday, April 8 report. The firm earned “Hold” rating on Friday, February 3 by Stifel Nicolaus. The firm earned “Sector Weight” rating on Monday, May 1 by KeyCorp. Oppenheimer maintained A. O. Smith Corp (NYSE:AOS) on Wednesday, July 26 with “Hold” rating. As per Friday, July 7, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Jefferies with “Buy” on Friday, September 23. BMO Capital Markets initiated A. O. Smith Corp (NYSE:AOS) rating on Tuesday, April 5. BMO Capital Markets has “Outperform” rating and $90 target. Stifel Nicolaus maintained A. O. Smith Corp (NYSE:AOS) rating on Thursday, August 10. Stifel Nicolaus has “Hold” rating and $5600 target. As per Tuesday, November 3, the company rating was initiated by SunTrust.

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