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Snyder Capital Management LP Increased Its Rbc Bearings (ROLL) Stake by $325,875 as Market Value Rose

15 Jan,2018

Snyder Capital Management LP increased its stake in Rbc Bearings Inc (ROLL) by 0.4% based on its latest 2017Q3 regulatory filing with the SEC. Snyder Capital Management LP bought 2,607 shares as the company’s stock rose 5.89% with the market. The institutional investor held 659,076 shares of the metal fabrications company at the end of 2017Q3, valued at $82.48M, up from 656,469 at the end of the previous reported quarter. Snyder Capital Management LP who had been investing in Rbc Bearings Inc for a number of months, seems to be bullish on the $3.09 billion market cap company. The stock increased 0.74% or $0.96 during the last trading session, reaching $130.7. About 105,555 shares traded or 26.14% up from the average. RBC Bearings Incorporated (NASDAQ:ROLL) has risen 38.75% since January 14, 2017 and is uptrending. It has outperformed by 22.05% the S&P500.

Capital Investment Services Of America Inc decreased its stake in Cerner Corp (CERN) by 2.26% based on its latest 2017Q3 regulatory filing with the SEC. Capital Investment Services Of America Inc sold 5,075 shares as the company’s stock rose 14.16% with the market. The institutional investor held 219,334 shares of the edp services company at the end of 2017Q3, valued at $15.64M, down from 224,409 at the end of the previous reported quarter. Capital Investment Services Of America Inc who had been investing in Cerner Corp for a number of months, seems to be less bullish one the $24.23B market cap company. The stock increased 0.36% or $0.26 during the last trading session, reaching $72.9. About 1.75 million shares traded. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since January 14, 2017 and is uptrending. It has outperformed by 2.84% the S&P500.

 
Investors sentiment increased to 2 in 2017 Q3. Its up 0.28, from 1.72 in 2017Q2. It is positive, as 13 investors sold ROLL shares while 34 reduced holdings. 30 funds opened positions while 64 raised stakes. 23.19 million shares or 2.43% less from 23.77 million shares in 2017Q2 were reported. Raymond James Assoc stated it has 0.01% of its portfolio in RBC Bearings Incorporated (NASDAQ:ROLL). Hsbc Hldgs Public Ltd Liability stated it has 9,462 shares or 0% of all its holdings. Blair William And Il reported 0.01% of its portfolio in RBC Bearings Incorporated (NASDAQ:ROLL). Schwab Charles Investment Mngmt Inc reported 0.01% in RBC Bearings Incorporated (NASDAQ:ROLL). Timessquare Cap Mgmt Ltd Liability has 288,078 shares for 0.24% of their portfolio. Stephens Invest Mgmt Grp Limited Liability Com has 207,042 shares. Assetmark accumulated 419 shares or 0% of the stock. Td Asset Mgmt invested in 0% or 12,110 shares. 629,102 were accumulated by Wells Fargo & Mn. Bnp Paribas Arbitrage accumulated 2,802 shares or 0% of the stock. Barclays Public Ltd Liability Com has invested 0% in RBC Bearings Incorporated (NASDAQ:ROLL). Bb&T Securities Lc, Virginia-based fund reported 10,943 shares. Sei Invs invested in 33,452 shares or 0.01% of the stock. Moreover, C M Bidwell Assoc Ltd has 0.01% invested in RBC Bearings Incorporated (NASDAQ:ROLL). Northwestern Mutual Wealth Mgmt Company reported 95 shares.
Among 9 analysts covering RBC Bearings (NASDAQ:ROLL), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. RBC Bearings had 11 analyst reports since September 22, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of ROLL in report on Friday, September 15 with “Hold” rating. The firm has “Buy” rating by Bank of America given on Wednesday, November 8. The firm has “Hold” rating given on Tuesday, September 22 by TheStreet. The firm earned “Neutral” rating on Friday, October 14 by Seaport Global Securities. The firm earned “Sector Weight” rating on Tuesday, August 9 by KeyBanc Capital Markets. C.L. King initiated the stock with “Buy” rating in Wednesday, November 29 report. Avondale maintained the stock with “Market Outperform” rating in Monday, March 21 report. Global Hunter Securities upgraded RBC Bearings Incorporated (NASDAQ:ROLL) on Monday, September 28 to “Buy” rating. The firm has “Accumulate” rating by Seaport Global Securities given on Friday, November 6.
Snyder Capital Management L P, which manages about $2.16B and $2.00B US Long portfolio, decreased its stake in Copart Inc (NASDAQ:CPRT) by 75,029 shares to 3.00 million shares, valued at $103.06 million in 2017Q3, according to the filing. It also reduced its holding in Heico Corp New (NYSE:HEI.A) by 189,998 shares in the quarter, leaving it with 1.16M shares, and cut its stake in Core Laboratories N V (NYSE:CLB).
Since August 11, 2017, it had 0 buys, and 6 selling transactions for $28.54 million activity. 118,113 Cerner Corporation (NASDAQ:CERN) shares with value of $7.33 million were sold by ILLIG CLIFFORD W. On Wednesday, December 13 the insider BURKE ZANE M sold $3.50 million. SIMS RANDY D sold 60,000 shares worth $4.08M. 4,000 shares were sold by Battaglioli Michael R., worth $279,560 on Wednesday, December 13.
Capital Investment Services Of America Inc, which manages about $594.80M US Long portfolio, upped its stake in Vanguard Short Term Corpbond E (VCSH) by 14,729 shares to 396,532 shares, valued at $31.77M in 2017Q3, according to the filing.
Analysts await Cerner Corporation (NASDAQ:CERN) to report earnings on February, 8. They expect $0.58 EPS, up 1.75% or $0.01 from last year’s $0.57 per share. CERN’s profit will be $192.80M for 31.42 P/E if the $0.58 EPS becomes a reality. After $0.57 actual EPS reported by Cerner Corporation for the previous quarter, Wall Street now forecasts 1.75% EPS growth.
Among 26 analysts covering Cerner Corporation (NASDAQ:CERN), 13 have Buy rating, 1 Sell and 12 Hold. Therefore 50% are positive. Cerner Corporation had 90 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Monday, October 30. The firm earned “Buy” rating on Thursday, July 27 by Canaccord Genuity. The stock has “Neutral” rating by UBS on Thursday, October 6. Piper Jaffray maintained Cerner Corporation (NASDAQ:CERN) rating on Friday, July 28. Piper Jaffray has “Buy” rating and $7000 target. The rating was maintained by Oppenheimer on Monday, July 31 with “Hold”. Stifel Nicolaus reinitiated Cerner Corporation (NASDAQ:CERN) on Wednesday, August 31 with “Hold” rating. Cantor Fitzgerald maintained the stock with “Buy” rating in Tuesday, October 10 report. On Thursday, November 2 the stock rating was downgraded by RBC Capital Markets to “Outperform”. The stock of Cerner Corporation (NASDAQ:CERN) has “Buy” rating given on Monday, September 4 by Canaccord Genuity. The rating was maintained by Robert W. Baird on Monday, October 2 with “Hold”.
Investors sentiment increased to 0.98 in 2017 Q3. Its up 0.11, from 0.87 in 2017Q2. It is positive, as 44 investors sold CERN shares while 209 reduced holdings. 59 funds opened positions while 190 raised stakes. 263.89 million shares or 3.63% more from 254.64 million shares in 2017Q2 were reported. Moors Cabot Inc invested 0.03% of its portfolio in Cerner Corporation (NASDAQ:CERN). Sustainable Growth Advisers LP invested in 3.21% or 3.30M shares. Boston Advsrs Ltd Llc has invested 0.01% in Cerner Corporation (NASDAQ:CERN). Moreover, Oregon Pub Employees Retirement Fund has 0.08% invested in Cerner Corporation (NASDAQ:CERN) for 71,457 shares. 107 were reported by Parkside Bank And. Wilbanks Smith And Thomas Asset Mngmt Limited Liability Corp holds 0.22% of its portfolio in Cerner Corporation (NASDAQ:CERN) for 36,059 shares. Brown Advisory invested in 0% or 18,718 shares. Connecticut-based Webster Bankshares N A has invested 0.33% in Cerner Corporation (NASDAQ:CERN). 150 were reported by Mitsubishi Ufj Secs Hldgs Limited. Amp Capital Investors has 142,148 shares for 0.06% of their portfolio. 15,225 were accumulated by Wilkins Counsel. Davis R M Incorporated accumulated 731,484 shares. Eaton Vance Mngmt accumulated 4,493 shares. Great West Life Assurance Communications Can has invested 0.04% in Cerner Corporation (NASDAQ:CERN). Mirae Asset Glob Company reported 21,924 shares.

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