As Parker Hannifin (PH) Valuation Declined, Shareholder Rothschild Asset Management Lifted Its Position; Gabelli Funds Has Cut Its Stake in Autonation (AN) by $451,000 as Shares Declined

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Rothschild Asset Management Inc increased its stake in Parker Hannifin Corp (PH) by 5.46% based on its latest 2018Q3 regulatory filing with the SEC. Rothschild Asset Management Inc bought 11,286 shares as the company’s stock declined 13.32% with the market. The institutional investor held 217,932 shares of the metal fabrications company at the end of 2018Q3, valued at $40.08M, up from 206,646 at the end of the previous reported quarter. Rothschild Asset Management Inc who had been investing in Parker Hannifin Corp for a number of months, seems to be bullish on the $22.17 billion market cap company. The stock increased 0.75% or $1.28 during the last trading session, reaching $171.37. About 851,520 shares traded. Parker-Hannifin Corporation (NYSE:PH) has declined 18.31% since February 13, 2018 and is downtrending. It has underperformed by 18.31% the S&P500. Some Historical PH News: 26/04/2018 – Parker-Hannifin Had Seen FY18 Cont Ops EPS $7.38-EPS $7.7; 18/04/2018 – Parker-Hannifin Closes Above 50-Day Moving Average: Technicals; 24/04/2018 – Parker Aerospace Joint Venture ACE Services Adds Japan Civil Aviation Bureau (JCAB) Certification to its Capabilities; 07/03/2018 Parker Reviews Win Strategy™ Successes and Announces New Financial Targets at New York Investor Meeting; 17/04/2018 – DEEP ECO: Parker-Hannifin May Face Pressure, U.S. Machinery Down; 26/04/2018 – PARKER-HANNIFIN CORP PH.N SEES FY 2018 SHR $7.76 TO $7.96 FROM CONTINUING OPERATIONS; 15/03/2018 – Parker’s Sustainability Report Highlights Local Impact of Global Commitment to Responsible Operations; 26/04/2018 – PARKER-HANNIFIN 3Q ADJ EPS $2.80, EST. $2.63; 14/03/2018 – Main Wheel & Brake STC Kit Now Available for Pilatus PC-7 Mk1 Aircraft; 26/04/2018 – PARKER-HANNIFIN CORP – INVENTORIES AT QTR-END $1.73 BLN

Gabelli Funds Llc decreased its stake in Autonation Inc (AN) by 1.98% based on its latest 2018Q3 regulatory filing with the SEC. Gabelli Funds Llc sold 11,000 shares as the company’s stock declined 23.56% with the market. The institutional investor held 545,300 shares of the consumer durables company at the end of 2018Q3, valued at $22.66 million, down from 556,300 at the end of the previous reported quarter. Gabelli Funds Llc who had been investing in Autonation Inc for a number of months, seems to be less bullish one the $3.41 billion market cap company. The stock decreased 0.29% or $0.11 during the last trading session, reaching $37.95. About 844,734 shares traded or 23.98% up from the average. AutoNation, Inc. (NYSE:AN) has declined 39.00% since February 13, 2018 and is downtrending. It has underperformed by 39.00% the S&P500. Some Historical AN News: 23/03/2018 – CNBC Now: BREAKING: Wayne Huizenga, founder of Blockbuster Video, Waste Management, and AutoNation, has died at the age of; 01/05/2018 – AUTONATION CEO MIKE JACKSON COMMENTS ON BLOOMBERG TELEVISION; 23/03/2018 – Billionaire AutoNation, Waste Management and Blockbuster founder H. Wayne Huizenga has died at the age of 80; 01/05/2018 – AutoNation 1Q New Vehicle Revenue $2.8B; 23/03/2018 – BREAKING: Wayne Huizenga, founder of Blockbuster Video, Waste Management, and AutoNation, has died at the age of 80; 15/05/2018 – Harris Associates LP Exits Position in AutoNation; 01/05/2018 – AUTONATION 1Q EPS CONT OPS $1.01, EST. $1; 01/05/2018 – AUTONATION 1Q REV. $5.3B, EST. $5.27B; 01/05/2018 – AutoNation CEO: Gas prices would have to nearly double to stop truck and SUV sales; 01/05/2018 – AUTONATION CEO SEES AUTO LENDING WITHOUT `SYSTEMIC RISK’

Among 21 analysts covering Parker-Hannifin (NYSE:PH), 10 have Buy rating, 1 Sell and 10 Hold. Therefore 48% are positive. Parker-Hannifin had 105 analyst reports since August 9, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Wednesday, June 28 with “Hold”. Goldman Sachs downgraded the stock to “Neutral” rating in Monday, July 16 report. The rating was maintained by Stifel Nicolaus on Monday, September 24 with “Buy”. The firm has “Hold” rating given on Tuesday, October 27 by Argus Research. The stock of Parker-Hannifin Corporation (NYSE:PH) earned “Market Perform” rating by Wells Fargo on Thursday, March 8. JP Morgan upgraded the shares of PH in report on Friday, October 9 to “Neutral” rating. The firm earned “Market Perform” rating on Friday, October 6 by Wells Fargo. The firm has “Neutral” rating given on Friday, November 3 by Robert W. Baird. The stock has “Hold” rating by Jefferies on Thursday, November 2. The firm earned “Neutral” rating on Friday, January 19 by Buckingham Research.

More notable recent Parker-Hannifin Corporation (NYSE:PH) news were published by: Streetinsider.com which released: “Parker-Hannifin (PH) Announces Laura Thompson to Board – StreetInsider.com” on January 23, 2019, also Benzinga.com with their article: “Earnings Scheduled For January 31, 2019 – Benzinga” published on January 31, 2019, Benzinga.com published: “10 Biggest Price Target Changes For Friday – Benzinga” on February 01, 2019. More interesting news about Parker-Hannifin Corporation (NYSE:PH) were released by: Globenewswire.com and their article: “Parker Announces Operating Group Leadership Changes NYSE:PH – GlobeNewswire” published on January 29, 2019 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For February 1, 2019 – Benzinga” with publication date: February 01, 2019.

Investors sentiment increased to 1.03 in Q3 2018. Its up 0.22, from 0.81 in 2018Q2. It improved, as 35 investors sold PH shares while 201 reduced holdings. 86 funds opened positions while 158 raised stakes. 98.95 million shares or 1.02% less from 99.98 million shares in 2018Q2 were reported. Fund Evaluation holds 0.22% in Parker-Hannifin Corporation (NYSE:PH) or 7,323 shares. Moreover, Thomas White Intl Ltd has 0.18% invested in Parker-Hannifin Corporation (NYSE:PH). Scopus Asset Mngmt Ltd Partnership accumulated 128,000 shares or 0.31% of the stock. Texas Permanent School Fund reported 0.08% in Parker-Hannifin Corporation (NYSE:PH). Private Na has 4,869 shares for 0.18% of their portfolio. Charles Schwab Inv Advisory has 0.44% invested in Parker-Hannifin Corporation (NYSE:PH). Perkins Coie reported 690 shares. 11,715 were reported by Oxbow Advsrs Ltd Limited Liability Company. Asset Management One Ltd holds 0.08% or 209,958 shares. Carroll Fincl Associate Incorporated reported 0% in Parker-Hannifin Corporation (NYSE:PH). Lord Abbett And Llc holds 0.05% or 101,162 shares. Prudential Public Ltd invested in 323,754 shares or 0.19% of the stock. Pzena Mgmt Ltd Llc holds 330,743 shares. Norinchukin Bancorp The has invested 0.04% in Parker-Hannifin Corporation (NYSE:PH). Kentucky Retirement Systems reported 12,321 shares.

Since August 29, 2018, it had 0 buys, and 3 insider sales for $854,419 activity. Leonti Joseph R also sold $283,377 worth of Parker-Hannifin Corporation (NYSE:PH) shares. Bowman William R also sold $420,864 worth of Parker-Hannifin Corporation (NYSE:PH) on Wednesday, August 29.

Rothschild Asset Management Inc, which manages about $4.79 billion and $9.75B US Long portfolio, decreased its stake in Commercial Metals Co (NYSE:CMC) by 22,482 shares to 832,649 shares, valued at $17.09 million in 2018Q3, according to the filing. It also reduced its holding in Douglas Emmett Inc (NYSE:DEI) by 10,327 shares in the quarter, leaving it with 573,321 shares, and cut its stake in Ionis Pharmaceuticals Inc.

Since August 16, 2018, it had 0 buys, and 6 selling transactions for $4.62 million activity. BURDICK RICK L sold $713,264 worth of AutoNation, Inc. (NYSE:AN) on Tuesday, August 21. On Thursday, November 1 the insider JACKSON MICHAEL J sold $3.02 million. EDELSON DAVID B sold 20,000 shares worth $679,812. 539 AutoNation, Inc. (NYSE:AN) shares with value of $17,945 were sold by MILLER CHERYL.

More notable recent AutoNation, Inc. (NYSE:AN) news were published by: Benzinga.com which released: “These Analysts Remain RingCentral Bulls (NYSE:RNG) – Benzinga” on February 13, 2019, also Globenewswire.com with their article: “DPW Holdings Settles Debt with Institutional Investor – GlobeNewswire” published on February 13, 2019, Globenewswire.com published: “RLH Corporation Finished 2018 With 167 New Franchise Agreements – GlobeNewswire” on February 13, 2019. More interesting news about AutoNation, Inc. (NYSE:AN) were released by: Benzinga.com and their article: “Bank Of America Downgrades Deere After Big Run (NYSE:DE) – Benzinga” published on February 13, 2019 as well as Finance.Yahoo.com‘s news article titled: “Does McCormick & Company, Incorporated (NYSE:MKC) Have A Good P/E Ratio? – Yahoo Finance” with publication date: February 11, 2019.

Gabelli Funds Llc, which manages about $25.90 billion and $17.43B US Long portfolio, upped its stake in Edwards Lifesciences Corp Com (NYSE:EW) by 7,600 shares to 89,200 shares, valued at $15.53M in 2018Q3, according to the filing. It also increased its holding in Shire Plc Adr (NASDAQ:SHPG) by 99,606 shares in the quarter, for a total of 249,512 shares, and has risen its stake in Lasalle Hotel Pptys Com Sh Ben (NYSE:LHO).

Parker-Hannifin Corporation (NYSE:PH) Institutional Positions Chart