Lear Corporation (LEA) Position Decreased by Foresters Investment Management Company Inc

20 Juin, 2017, 17:05 | Author: Marc Bacque

21,132 Lear Corporation (NYSE:LEA) shares with value of $3.05M were sold by STEPHENS MEL. Ltd. now owns 144,177 shares of the auto parts company's stock worth $19,087,000 after buying an additional 130,340 shares during the last quarter. Hillsdale Investment Management Inc.'s holdings in Lear Corporation were worth $322,000 as of its most recent SEC filing.

A number of research analysts have recently commented on LEA shares. Forbes.com's article titled: "How China Is A Major Boost For Lear Corporation Right Now" and published on November 15, 2016 is yet another important article. Dimensional Fund Advisors LP raised its position in shares of Lear Corporation by 4.7% in the fourth quarter. IFP Advisors Inc now owns 1,393 shares of the auto parts company's stock worth $197,000 after buying an additional 25 shares during the period. Principal Financial Group Inc. raised its position in shares of Lear Corporation by 156.8% in the first quarter. First Interstate Bank now owns 767 shares of the auto parts company's stock worth $102,000 after buying an additional 30 shares during the period. APG Asset Management N.V. raised its stake in shares of Lear Corporation by 415.0% in the third quarter. Wells Fargo & Company MN now owns 794,605 shares of the auto parts company's stock worth $96,322,000 after buying an additional 192,877 shares during the last quarter.

Several other institutional investors have also made changes to their positions in the stock.

Lear Corporation (NYSE:LEA) traded up 0.16% during trading on Friday, hitting $138.67. Smith Asset Gru Ltd Partnership has 374,430 shares for 1.45% of their portfolio. Lear Corporation has a 52-week low of $97.35 and a 52-week high of $153.28. The stock has a market cap of $9.55 billion, a P/E ratio of 9.65 and a beta of 1.23. The firm has a 50 day moving average price of $144.99 and a 200-day moving average price of $140.63.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on July, 27. The auto parts company reported $4.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.95 by $0.32. The firm had revenue of $5 billion during the quarter, compared to the consensus estimate of $4.93 billion. Los Angeles Cap And Equity Rech Inc holds 0.02% of its portfolio in Lear Corporation (NYSE:LEA) for 23,720 shares. The firm's quarterly revenue was up 7.2% compared to the same quarter previous year. During the same quarter a year ago, the company earned $3.40 earnings per share. Ball Corporation had 16 analyst reports since October 15, 2015 according to SRatingsIntel.

Democrats fear slowdown of Russia sanctions bill in House
In a 100-member Senate, 97 were for the legislation, two Republicans opposed it, while one Democrat abstained. That is, if President Donald Trump eventually signs the law, which could curb his powers to ease sanctions.


Founders Capital Management LLC Boosts Stake in Walgreens Boots Alliance, Inc. (WBA)
Following the transaction, the director now directly owns 21,887 shares in the company, valued at approximately $1,879,874.43. The pharmacy operator reported $1.36 earnings per share for the quarter, hitting the consensus estimate of $1.36.


Jos Buttler's Unbelievable Six Almost Crashes Into A Cameraman
But when we can't, we go for a guy we can throw the ball to at any stage in order to try to make an impact in the game. If we're truly going to be contenders for this tournament, we need to beat the best teams.


The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 28th. Sumitomo Mitsui Asset Management Limited invested in 0.02% or 12,962 shares. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $2.00 dividend on an annualized basis and a yield of 1.44%. It fall, as 45 investors sold Lear Corporation shares while 197 reduced holdings.

ILLEGAL ACTIVITY NOTICE: "Fairpointe Capital LLC Decreases Position in Lear Corporation (LEA)" was first posted by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this news story on another website, it was stolen and reposted in violation of United States & worldwide trademark & copyright law.

LEA has been the subject of a number of analyst reports. UBS upgraded the stock to "Buy" rating in Tuesday, August 18 report. Royal Bank Of Canada restated a "hold" rating and issued a $149.00 target price on shares of Lear Corporation in a research note on Thursday, April 27th. The stock of Lear Corporation (NYSE:LEA) has "Underweight" rating given on Thursday, June 8 by Morgan Stanley. Finally, Seaport Global Securities raised shares of Lear Corporation from a "neutral" rating to a "buy" rating and set a $163.00 target price for the company in a report on Thursday, May 4th. Three analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of "Hold" and a consensus price target of $143.75. In other Lear Corporation news, Director Greg C. Smith sold 2,266 shares of the business's stock in a transaction that occurred on Monday, May 22nd. Pauley Lisa Ann sold $424,996 worth of stock or 5,752 shares. Following the transaction, the director now directly owns 13,885 shares of the company's stock, valued at $2,014,991.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Quantitative Systematic Strategies LLC now owns 17,854 shares of the auto parts company's stock valued at $2,125,000 after buying an additional 10,193 shares in the last quarter.

Berenberg Bank started coverage on Lear Corporation in a research note on Friday, March 31st. The Firm is engaged in supplying seating, electrical distribution systems and electronic modules, as well as related sub-systems, components and software, to automotive manufacturers.

Conseillé:

  • France's Le Pen calls for orderly debate after FN's lukewarm election showing

    France's Le Pen calls for orderly debate after FN's lukewarm election showing

    The party has a particular populist appeal in France's northern rustbelt, which is dotted with shut-down factories and mines. The task for Le Pen is whether she can transform her party's growing popularity into more votes and real power.
    Range models ring the changes in Top500 supercomputer ranking

    Range models ring the changes in Top500 supercomputer ranking

    Department of Energy's Cray XK7 has been beaten by a machine from Switzerland, pushing the United States to number four. The supercomputer Piz Daint is named after a peak in the Grison region of Switzerland.
    Trump to announce curbs on business with Cuban military

    Trump to announce curbs on business with Cuban military

    President Trump's new measures are designed specifically to restrict money to the Cuban military and intelligence services. Trump's changes would not go into effect until specific new regulations are written and put in place.
  • Baird Financial Group, Inc. Modifies Its Holdings in US Bancorp (USB) Stock

    AXSM's SI was 974,400 shares in June as released by FINRA. $479,908 worth of CVS Health Corp (NYSE:CVS) was sold by Boratto Eva C. Bancorp ( USB ) has the trading volume of 4.73 Million shares with the average trading volume of 8200 shares.

    Minute's silence as police confirm 79 died in Grenfell fire

    London police late Sunday released photographs of the devastation inside the 120-unit building to show the public and frustrated family members why the search for victims is taking so long.
    Everton set to seal defender deal

    Everton set to seal defender deal

    Volendam said in a statement: " FC Volendam and Everton FC have reached agreement on the acquisition of Nathangelo Markelo ". Everton have made Nathangelo Markelo the latest addition of their summer recruitment drive.
  • Brexit talks to focus 1st on orderly exit

    They should finally tell us what the aim is. "Then in the second step, we scope our future partnership; we also agree on how we structure our tools".

    Bjp names dalit leader as presidential candidate

    The BJP on Monday announced Bihar Governor Ram Nath Kovind , a Dalit, as the NDA nominee for the Presidential post. Chandrasekhar Rao welcomed the NDA government's decision, BJP's ally Shiv Sena remained apprehensive.
    Future superintendent, son found dead in Montcalm Co

    Future superintendent, son found dead in Montcalm Co

    According to Facebook posts, a crisis team will be available to the community at the high school auditorium beginning at 9 a.m. The search for the two men began when a missing persons report was issued by Clinton County Sheriff's Department Monday night.
  • Pakistan beat front-runners India to clinch Champions Trophy title

    Just two weeks ago, Pakistan were at a low ebb after crashing to a humiliating 124-run defeat against India in the group stage. Earlier in the day, the Uttarakhand Government has imposed Section 144 in Dehradun's Clock Tower and nearby area.
    Ozuna's walk-off single lifts Marlins over Nationals 8-7

    Ozuna's walk-off single lifts Marlins over Nationals 8-7

    It was sweet redemption for the Marlins, who lost on walk-off hits by Atlanta's Brandon Phillips on Saturday and again Sunday. Washington's Tanner Roark squandered a 6-0 lead by giving up six runs in the third and failed to make it through the inning.

    Russian Federation football fan leader barred from Confederations Cup

    A second seemed inevitable as Russian Federation remained firmly on the front foot. The 2017 FIFA Confederations Cup has kicked off in the iconic Russian city of St.


Populaire

ICC mulling expanded World T20s at the expense of Champions Trophy
A spectacular bowling attack easily defended a solid total of 338, bowling out India inside of 31 overs for just 158. Pakistan veteran Mohammad Hafeez's quickfire 57 not out, including three sixes, then took Pakistan well beyond 300.

Southeast Asset Advisors Inc. Buys 5860 Shares of PerkinElmer, Inc. (PKI)
Janney Montgomery Scott raised shares of PerkinElmer from a neutral rating to a buy rating in a report on Monday, March 27th. Following the completion of the transaction, the insider now owns 696,810 shares in the company, valued at $41,885,249.10.

ICC could axe Champions Trophy for more T20 World Cups
Ghafoor also posted a video showing people in Srinagar purportedly celebrating Pakistan's victory over India . But the International Cricket Council are planning to send a World XI to play in Pakistan in September.

Boeing, Okay Airways Announce Order for 15 737 MAX Airplanes
The Lion Air Group is one of the world's largest Next-Generation 737 operators and previously ordered 201 MAXs. Ryanair carried 120 million passengers previous year with 1,800 daily flights to more than 200 destinations.

Oil slips as data points to fast-growing supply
The effectiveness of the OPEC-led cuts has been undermined by increasing United States oil production, mostly from shale drillers. Rising U.S. oil output, particularly from shale drillers, is contributing to the ineffectiveness of the OPEC-led cuts.

Battle lines drawn over citizenship changes
Mr Burke said under the existing rules, officials had already had several years to assess a person's contribution to society. Labor says the government's proposed citizenship changes are a "massive over-reach" and will be opposed in parliament.

Roadside bombs kills six soldiers in south Thailand
A roadside bomb blast in Thailand has killed six soldiers and wounded four more in the insurgency-plagued south. An army spokesman was not immediately available for comment.

Wisconsin AG 'thrilled' high court to hear case
Both sides asked the court to expedite its decision, as the school districts need to know by August 4 what their budgets are. The Supreme Court split 5-4 on Monday in ordering that work to be halted while the high court considers the Wisconsin case.

Deepika Padukone gets Choice Movie Actress nod at 2017 Teen Choice Awards
It should be noted that DJ Caruso recently confirmed that Deepika will return for the sequel of ' XxX: Return of Xander Cage' . Deepika's co-stars Nina Dobrev and Ruby Rose are also nominated for the award.

Nintendo Switch : le système passe en version 3.0.0
Beaucoup de fonctions différentes sont concernées par cette mise à jour , des chaînes à la gestion des manettes. En effet, sans crier gare, Big N vient de mettre en ligne une nouvelle version de l'OS de la machine.