As Thomson Reuters (TRI) Share Value Rose, Holder Toronto Dominion Bank Lowered Position by $8.63 Million; S&T Bank Upped Its Stake in Cummins (CMI) by $2.13 Million as Share Price Declined

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S&T Bank increased its stake in Cummins Inc (CMI) by 29.23% based on its latest 2018Q3 regulatory filing with the SEC. S&T Bank bought 14,560 shares as the company’s stock declined 4.30% with the market. The institutional investor held 64,370 shares of the industrial machinery and components company at the end of 2018Q3, valued at $9.40M, up from 49,810 at the end of the previous reported quarter. S&T Bank who had been investing in Cummins Inc for a number of months, seems to be bullish on the $24.03B market cap company. The stock increased 0.61% or $0.92 during the last trading session, reaching $152.71. About 1.14 million shares traded. Cummins Inc. (NYSE:CMI) has declined 19.50% since February 14, 2018 and is downtrending. It has underperformed by 19.50% the S&P500. Some Historical CMI News: 25/04/2018 – Black Cactus Global appoints Dr. Ramesh Para as Chief Executive Officer; 01/05/2018 – Cummins: Product Campaign Subject to Regulatory Approval; 24/05/2018 – CUMMINS INDIA 4Q TOTAL COSTS 10.9B RUPEES; 01/05/2018 – Cummins Had Seen 2018 Revenue Up 4%-8%; 01/05/2018 – Cummins Sees 2018 Adjusted Ebitda 16,2%-16.6% of Sales; 16/04/2018 – Cummins Closes Above 50-Day Moving Average: Technicals; 01/05/2018 – CUMMINS SEES FY REV. +10% TO +14%; 17/04/2018 – GE’s Jenbacher Is Said to Attract Interest From Cummins, CVC; 14/05/2018 – Fiat Chrysler CEO reprimands colleague for commenting on emissions; 24/05/2018 – CUMMINS INDIA LTD CUMM.NS – CO IS POSITIVE ON MEDIUM TO LONG TERM OUTLOOK FOR DOMESTIC SALES AS UNDERLYING DEMAND CONDITIONS REMAIN POSITIVE

Toronto Dominion Bank decreased its stake in Thomson Reuters Corp (TRI) by 10.45% based on its latest 2018Q3 regulatory filing with the SEC. Toronto Dominion Bank sold 191,766 shares as the company’s stock rose 13.05% while stock markets declined. The institutional investor held 1.64M shares of the publishing company at the end of 2018Q3, valued at $75.19M, down from 1.84 million at the end of the previous reported quarter. Toronto Dominion Bank who had been investing in Thomson Reuters Corp for a number of months, seems to be less bullish one the $26.28 billion market cap company. The stock decreased 0.51% or $0.27 during the last trading session, reaching $52.52. About 344,564 shares traded. Thomson Reuters Corporation (NYSE:TRI) has risen 14.88% since February 14, 2018 and is uptrending. It has outperformed by 14.88% the S&P500. Some Historical TRI News: 25/05/2018 – ♫ Reuters Insider – Breakingviews TV: Baggage claim; 30/05/2018 – POLAND’S CPI AT 0.1 PCT M/M IN MAY VS 0.3 PCT SEEN IN REUTERS POLL – STATISTICS OFFICE; 09/05/2018 – DELPHI TECHNOLOGIES PLC DLPH.N FY2018 SHR VIEW $4.82, REV VIEW $5.08 BLN — THOMSON REUTERS l/B/E/S; 22/05/2018 – ♫ Reuters Insider – North Korea invites media to nuclear site; 07/05/2018 – LUMINEX CORP LMNX.O FY2018 REV VIEW $313.0 MLN — THOMSON REUTERS l/B/E/S; 11/05/2018 – BREAKING: Ford will resume production of popular F-series pickup truck on May 18 -Reuters, citing; 07/03/2018 – TAIWAN FEBRUARY TRADE BALANCE $+2.92 BLN (REUTERS POLL +$3.55 BLN); 26/04/2018 – ROYAL CARIBBEAN CRUISES LTD RCL.N FY2018 SHR VIEW $8.76 — THOMSON REUTERS l/B/E/S; 05/04/2018 – MALAYSIA’S FEBRUARY TRADE SURPLUS AT 9.0 BLN RGT VS REUTERS POLL 9.3 BLN RGT; 14/03/2018 – HONG KONG (Reuters) — China’s sovereign wealth fund China Investment Corp (CIC) has sold its equity holding in Blackstone Group LP, the U.S. private equity firm said in a filing, ending an 11-year investment

S&T Bank, which manages about $535.55M US Long portfolio, decreased its stake in Adtalem Global Education Inc by 166,804 shares to 10,741 shares, valued at $518,000 in 2018Q3, according to the filing. It also reduced its holding in S & T Bancorp Inc (NASDAQ:STBA) by 11,052 shares in the quarter, leaving it with 1.17 million shares, and cut its stake in Allscripts Healthcare Solutn (NASDAQ:MDRX).

More important recent Cummins Inc. (NYSE:CMI) news were published by: Seekingalpha.com which released: “Cummins Q4 2018 Earnings Preview – Seeking Alpha” on February 05, 2019, also Benzinga.com published article titled: “Cummins Inc. (NYSE:CMI), (DMLRY) – New Coalition Seeks Repeal Of Federal Excise Tax On Heavy Trucks And Trailers – Benzinga”, Benzinga.com published: “Cummins Inc. (NYSE:CMI) – What Electric Vehicle Adopters Can Learn From Natural Gas Fleets – Benzinga” on February 04, 2019. More interesting news about Cummins Inc. (NYSE:CMI) was released by: Seekingalpha.com and their article: “Cummins Inc. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” with publication date: February 06, 2019.

Investors sentiment increased to 1.25 in 2018 Q3. Its up 0.34, from 0.91 in 2018Q2. It increased, as 46 investors sold CMI shares while 243 reduced holdings. 111 funds opened positions while 249 raised stakes. 124.41 million shares or 0.77% less from 125.38 million shares in 2018Q2 were reported. Yorktown Management And Rech invested 0.21% of its portfolio in Cummins Inc. (NYSE:CMI). Wesbanco National Bank Inc holds 2,022 shares. Cardinal Mngmt holds 0.16% in Cummins Inc. (NYSE:CMI) or 3,980 shares. Bnp Paribas Asset Mgmt invested in 35,390 shares or 0.04% of the stock. Conning holds 1.32% in Cummins Inc. (NYSE:CMI) or 305,011 shares. Amica Retiree Trust has 0.09% invested in Cummins Inc. (NYSE:CMI) for 710 shares. Busey reported 21,717 shares or 0.29% of all its holdings. Da Davidson And Co holds 0.15% of its portfolio in Cummins Inc. (NYSE:CMI) for 56,382 shares. Geode Limited Com reported 2.40 million shares stake. Security State Bank Of Sioux City Iowa Ia has invested 0.82% in Cummins Inc. (NYSE:CMI). Great West Life Assurance Can accumulated 263,795 shares or 0.09% of the stock. Benjamin F Edwards And has 6,642 shares for 0.09% of their portfolio. Webster State Bank N A holds 0.07% or 3,228 shares in its portfolio. Bb&T Securities Ltd Liability Corporation accumulated 41,867 shares. Suntrust Banks has invested 0.01% of its portfolio in Cummins Inc. (NYSE:CMI).

Since October 2, 2018, it had 0 insider purchases, and 13 selling transactions for $10.38 million activity. 4,503 Cummins Inc. (NYSE:CMI) shares with value of $670,618 were sold by Ward Pat. $63,499 worth of Cummins Inc. (NYSE:CMI) shares were sold by HERMAN ALEXIS M. 5,307 shares valued at $796,050 were sold by Cook Jill E on Wednesday, October 3. ChangDiaz Franklin R sold $87,974 worth of stock. The insider Smith Mark Andrew sold 501 shares worth $76,788. The insider Embree Tracy A sold 206 shares worth $30,900.

Among 33 analysts covering Cummins (NYSE:CMI), 11 have Buy rating, 1 Sell and 21 Hold. Therefore 33% are positive. Cummins had 135 analyst reports since July 22, 2015 according to SRatingsIntel. On Monday, September 28 the stock rating was downgraded by BB&T Capital to “Hold”. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, February 5. The stock of Cummins Inc. (NYSE:CMI) earned “Neutral” rating by Bank of America on Monday, April 18. The firm earned “Neutral” rating on Wednesday, April 6 by Buckingham Research. The firm has “Outperform” rating by Oppenheimer given on Wednesday, May 2. The firm has “Equal Weight” rating by Barclays Capital given on Monday, January 9. The rating was maintained by Jefferies with “Hold” on Wednesday, September 6. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with “Hold”. Credit Suisse maintained Cummins Inc. (NYSE:CMI) rating on Wednesday, February 7. Credit Suisse has “Outperform” rating and $205 target. The firm has “Underweight” rating by JP Morgan given on Friday, August 24.

More notable recent Thomson Reuters Corporation (NYSE:TRI) news were published by: Streetinsider.com which released: “Thomson Reuters (TRI) Announces Court Approval for Return of Capital Transaction – StreetInsider.com” on November 20, 2018, also Seekingalpha.com with their article: “Dividend Champion Spotlight: Thomson Reuters Corporation – Seeking Alpha” published on December 13, 2018, Seekingalpha.com published: “Thomson Reuters +3.6% after profit beat – Seeking Alpha” on August 08, 2018. More interesting news about Thomson Reuters Corporation (NYSE:TRI) were released by: Streetinsider.com and their article: “Thomson Reuters (TRI) Raises Quarterly Dividend 1.4% to $0.35; Outlines Steps to Complete Return of $10 Billion to Shareholders – StreetInsider.com” published on October 08, 2018 as well as Seekingalpha.com‘s news article titled: “Thomson Reuters holders approve $2.5B return of capital plan – Seeking Alpha” with publication date: November 19, 2018.

Investors sentiment increased to 1.01 in Q3 2018. Its up 0.31, from 0.7 in 2018Q2. It increased, as 23 investors sold TRI shares while 84 reduced holdings. 47 funds opened positions while 61 raised stakes. 163.50 million shares or 4.01% more from 157.20 million shares in 2018Q2 were reported. Carroll Assocs stated it has 0% in Thomson Reuters Corporation (NYSE:TRI). Omers Administration Corp invested in 0.72% or 1.64 million shares. Retail Bank Of Nova Scotia owns 847,471 shares for 0.17% of their portfolio. Commercial Bank Of Mellon has invested 0.01% in Thomson Reuters Corporation (NYSE:TRI). Rathbone Brothers Plc owns 41,559 shares. Jefferies Group Inc Llc owns 12,089 shares for 0% of their portfolio. Moreover, Stevens Management Lp has 0.13% invested in Thomson Reuters Corporation (NYSE:TRI) for 75,764 shares. Mackenzie Fincl holds 0.33% or 3.01M shares in its portfolio. Fincl Bank Of Montreal Can accumulated 4.64M shares. Nordea Inv Mgmt Ab has invested 0.02% in Thomson Reuters Corporation (NYSE:TRI). Ls Investment Limited Liability Company has invested 0% in Thomson Reuters Corporation (NYSE:TRI). Utd Capital Financial Advisers Limited Liability invested in 0.1% or 314,158 shares. Aviva Public Ltd holds 136,212 shares. Zacks Invest Mgmt, Illinois-based fund reported 727,503 shares. Deutsche Bancorporation Ag accumulated 683,260 shares.

Toronto Dominion Bank, which manages about $54.71B US Long portfolio, upped its stake in American Electric Power Co Inc (NYSE:AEP) by 5,268 shares to 321,833 shares, valued at $22.81 million in 2018Q3, according to the filing. It also increased its holding in Western Digital Corp (NASDAQ:WDC) by 48,664 shares in the quarter, for a total of 240,865 shares, and has risen its stake in Aetna Inc (NYSE:AET).

Cummins Inc. (NYSE:CMI) Institutional Positions Chart