Commerce Bancshares (CBSH) Shareholder Voloridge Investment Management Has Lowered Its Stake; Owens (OI) Holder Oarsman Capital Has Increased Its Holding by $990,180 as Shares Declined

Owens-Illinois, Inc. (NYSE:OI) Logo

Voloridge Investment Management Llc decreased its stake in Commerce Bancshares Inc (CBSH) by 59.9% based on its latest 2018Q3 regulatory filing with the SEC. Voloridge Investment Management Llc sold 6,998 shares as the company’s stock declined 13.20% with the market. The institutional investor held 4,684 shares of the finance company at the end of 2018Q3, valued at $309,000, down from 11,682 at the end of the previous reported quarter. Voloridge Investment Management Llc who had been investing in Commerce Bancshares Inc for a number of months, seems to be less bullish one the $6.84B market cap company. The stock increased 0.52% or $0.32 during the last trading session, reaching $61.42. About 330,552 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 11.02% since February 14, 2018 and is uptrending. It has outperformed by 11.02% the S&P500. Some Historical CBSH News: 19/03/2018 – Commerce Bank Recognized by Greenwich Associates with Eight Greenwich Excellence Awards; 19/04/2018 – DJ Pacific Commerce Bancorp, Inst Holders, 1Q 2018 (PCBC); 09/03/2018 The Law Offices of Vincent Wong Notifies Investors of an Investigation into Pacific Commerce Bancorp in Connection with the Sal; 01/05/2018 – Acquisition of Commerce Bank of Temecula Valley Completed; 03/04/2018 – Aircraft Owners and Pilots Association and Commerce Bank Introduce AOPA World Mastercard® for Pilots

Oarsman Capital Inc increased its stake in Owens (OI) by 21.83% based on its latest 2018Q3 regulatory filing with the SEC. Oarsman Capital Inc bought 55,010 shares as the company’s stock declined 3.35% with the market. The institutional investor held 306,945 shares of the consumer durables company at the end of 2018Q3, valued at $5.77 million, up from 251,935 at the end of the previous reported quarter. Oarsman Capital Inc who had been investing in Owens for a number of months, seems to be bullish on the $3.14B market cap company. The stock increased 0.76% or $0.15 during the last trading session, reaching $19.8. About 849,637 shares traded. Owens-Illinois, Inc. (NYSE:OI) has declined 27.77% since February 14, 2018 and is downtrending. It has underperformed by 27.77% the S&P500. Some Historical OI News: 16/05/2018 – O-l Announces Plant Closure in Atlanta; 24/04/2018 – OWENS-ILLINOIS GROUP, INC. ANNOUNCES THE FILING OF A QUARTERLY REPORT ON FORM 10-Q DATED APRIL 24, 2018; 23/04/2018 – OWENS-ILLINOIS INC – EXPECTS CASH PROVIDED BY CONTINUING OPERATING ACTIVITIES FOR 2018 TO BE APPROXIMATELY $800 MLN; 23/04/2018 – OWENS-ILLINOIS MAINTAINING FULL YEAR GUIDANCE; 30/04/2018 – Atlantic Investment Management, Inc. Reports 5.1% Stake In Owens-Illinois; 23/04/2018 – OWENS-ILLINOIS INC Ol.N SEES FY 2017 ADJUSTED SHR $2.65; 26/04/2018 – OWENS-ILLINOIS INC Ol.N : DEUTSCHE BANK RAISES TO BUY FROM HOLD; 23/04/2018 – OWENS-ILLINOIS SEES 2Q ADJ EPS 75C, EST. 76C; 23/04/2018 – OWENS-ILLINOIS INC – NO SUBSTANTIVE IMPACT ON COMPANY’S ADJUSTED EARNINGS OR CASH TAXES IS EXPECTED IN 2018 AS A RESULT OF TCJA; 23/04/2018 – Owens-Illinois Backs FY18 Adj EPS $2.75-Adj EPS $2.85

Investors sentiment decreased to 1.2 in Q3 2018. Its down 0.06, from 1.26 in 2018Q2. It is negative, as 17 investors sold CBSH shares while 95 reduced holdings. 52 funds opened positions while 82 raised stakes. 65.29 million shares or 3.68% less from 67.79 million shares in 2018Q2 were reported. Walthausen & Limited Liability Company accumulated 110,025 shares or 0.7% of the stock. Country Trust Savings Bank stated it has 0% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Oppenheimer Asset Management owns 9,064 shares. Hanson Mcclain owns 46 shares. Cap Fincl Advisers Ltd Limited Liability Company has 0.07% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Matarin Cap Mngmt Llc holds 51,671 shares. Duncker Streett Inc accumulated 57,149 shares or 0.86% of the stock. Whitnell reported 4,815 shares or 0.13% of all its holdings. State Of Alaska Department Of Revenue has 34,516 shares. Regions accumulated 13,398 shares or 0.01% of the stock. Gibraltar Capital Management reported 0.23% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Bnp Paribas Arbitrage, New York-based fund reported 64,480 shares. Hsbc Hldgs Pcl accumulated 69,478 shares. Panagora Asset invested in 6,796 shares. Bluecrest Cap Management holds 0.02% or 10,407 shares.

Among 11 analysts covering Commerce Bancshares (NASDAQ:CBSH), 0 have Buy rating, 2 Sell and 9 Hold. Therefore 0 are positive. Commerce Bancshares had 48 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Tuesday, October 10. The firm has “Underperform” rating given on Tuesday, July 10 by Raymond James. The firm has “Sell” rating by Bank of America given on Tuesday, May 15. Piper Jaffray maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) rating on Thursday, July 13. Piper Jaffray has “Hold” rating and $5200 target. As per Wednesday, April 11, the company rating was maintained by Barclays Capital. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) has “Sell” rating given on Wednesday, December 6 by Keefe Bruyette & Woods. The company was maintained on Thursday, April 12 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Sell”. The stock has “Hold” rating by Jefferies on Friday, June 9. Raymond James upgraded Commerce Bancshares, Inc. (NASDAQ:CBSH) on Tuesday, April 10 to “Hold” rating.

More notable recent Commerce Bancshares, Inc. (NASDAQ:CBSH) news were published by: Bizjournals.com which released: “How this out-of-town player is ready to rebound after losing its chief – Nashville Business Journal” on December 01, 2017, also Benzinga.com with their article: “Earnings Scheduled For January 17, 2019 – Benzinga” published on January 17, 2019, Seekingalpha.com published: “Stocks To Watch: Tech Giants Step To The Plate – Seeking Alpha” on January 26, 2019. More interesting news about Commerce Bancshares, Inc. (NASDAQ:CBSH) were released by: Seekingalpha.com and their article: “Commerce Bancshares: Profits Up 40% And Still Attractive Versus Peers – Seeking Alpha” published on August 21, 2018 as well as Bizjournals.com‘s news article titled: “Commerce Bank explores growth by M&A – Kansas City Business Journal” with publication date: October 01, 2018.

Voloridge Investment Management Llc, which manages about $1.43B and $4.59 billion US Long portfolio, upped its stake in Jones Lang Lasalle Inc (NYSE:JLL) by 44,842 shares to 68,986 shares, valued at $9.96M in 2018Q3, according to the filing. It also increased its holding in Lowes Cos Inc (NYSE:LOW) by 385,947 shares in the quarter, for a total of 759,809 shares, and has risen its stake in Illinois Tool Wks Inc (NYSE:ITW).

Since August 20, 2018, it had 0 buys, and 12 insider sales for $7.92 million activity. $1.20 million worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by KEMPER DAVID W. BURIK JEFFREY M. had sold 2,303 shares worth $149,745 on Friday, November 2. $427,376 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) shares were sold by BARTH KEVIN G. $3.21M worth of stock was sold by KEMPER JONATHAN M on Wednesday, September 5. On Monday, August 20 the insider FOSTER SARA E sold $90,068. Shares for $60,101 were sold by Petersen Paula S on Monday, September 10.

Investors sentiment decreased to 0.69 in Q3 2018. Its down 0.18, from 0.87 in 2018Q2. It fall, as 26 investors sold OI shares while 108 reduced holdings. 39 funds opened positions while 53 raised stakes. 140.29 million shares or 2.45% less from 143.82 million shares in 2018Q2 were reported. 122,779 were accumulated by First Republic Inv Mgmt Inc. Psagot Investment House Ltd holds 1,800 shares. 1,000 were accumulated by M&R Capital. Lyrical Asset Management Limited Partnership reported 1.27% of its portfolio in Owens-Illinois, Inc. (NYSE:OI). 14,743 were accumulated by Sigma Planning Corporation. Two Sigma Secs Ltd, New York-based fund reported 22,495 shares. Teacher Retirement System Of Texas holds 0% of its portfolio in Owens-Illinois, Inc. (NYSE:OI) for 19,033 shares. Stratos Wealth Prtnrs invested in 22 shares. Earnest Prtnrs Limited Liability Company accumulated 77 shares. Janney Limited Co stated it has 21,292 shares or 0% of all its holdings. 19,155 are owned by Prelude Management Ltd Company. Bernzott Cap Advsrs holds 1.36 million shares or 2.96% of its portfolio. 85,957 are owned by Cibc. North Star Mngmt Corp stated it has 2,150 shares or 0% of all its holdings. Shelton Cap Mngmt stated it has 0.01% in Owens-Illinois, Inc. (NYSE:OI).

Among 16 analysts covering Owens-Illinois Inc (NYSE:OI), 4 have Buy rating, 2 Sell and 10 Hold. Therefore 25% are positive. Owens-Illinois Inc had 65 analyst reports since July 31, 2015 according to SRatingsIntel. Credit Suisse maintained Owens-Illinois, Inc. (NYSE:OI) on Wednesday, March 2 with “Outperform” rating. The firm has “Hold” rating by Jefferies given on Thursday, June 15. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, August 1. The stock of Owens-Illinois, Inc. (NYSE:OI) has “Neutral” rating given on Friday, October 30 by Credit Suisse. The firm has “Hold” rating given on Tuesday, September 5 by UBS. Robert W. Baird maintained Owens-Illinois, Inc. (NYSE:OI) rating on Wednesday, April 25. Robert W. Baird has “Hold” rating and $2500 target. The firm earned “Hold” rating on Tuesday, May 30 by RBC Capital Markets. As per Tuesday, July 10, the company rating was maintained by Citigroup. As per Tuesday, September 5, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Owens-Illinois, Inc. (NYSE:OI) rating on Tuesday, October 17. RBC Capital Markets has “Hold” rating and $27.0 target.

More notable recent Owens-Illinois, Inc. (NYSE:OI) news were published by: Nasdaq.com which released: “OI REPORTS FULL YEAR AND FOURTH QUARTER 2018 RESULTS; Company delivers solid financial performance for 2018 and affirms expectations for higher earnings and cash flow generation in 2019 – Nasdaq” on February 05, 2019, also Benzinga.com with their article: “Earnings Scheduled For February 5, 2019 – Benzinga” published on February 05, 2019, Seekingalpha.com published: “O-I acquires nearly 50% interest in Empresas Comegua S.A. – Seeking Alpha” on November 12, 2018. More interesting news about Owens-Illinois, Inc. (NYSE:OI) were released by: Seekingalpha.com and their article: “Owens-Illinois higher amid calls for European business sale – Seeking Alpha” published on September 14, 2018 as well as Seekingalpha.com‘s news article titled: “Owens-Illinois: Not A Great Quarter, But It Didn’t Need To Be – Seeking Alpha” with publication date: July 27, 2018.

Oarsman Capital Inc, which manages about $244.14M and $248.30 million US Long portfolio, decreased its stake in Regal (NYSE:RBC) by 7,010 shares to 31,398 shares, valued at $2.59 million in 2018Q3, according to the filing.

Owens-Illinois, Inc. (NYSE:OI) Institutional Positions Chart