First Manhattan Company Holding in Kansas City Southern (KSU) Has Lifted as Shares Declined; Orange (ORAN) Holder Eqis Capital Management Has Decreased Its Stake

Orange S.A. (NYSE:ORAN) Logo

Eqis Capital Management Inc decreased its stake in Orange (ORAN) by 57.07% based on its latest 2018Q3 regulatory filing with the SEC. Eqis Capital Management Inc sold 61,305 shares as the company’s stock rose 4.04% while stock markets declined. The institutional investor held 46,119 shares of the telecommunications equipment company at the end of 2018Q3, valued at $739,000, down from 107,424 at the end of the previous reported quarter. Eqis Capital Management Inc who had been investing in Orange for a number of months, seems to be less bullish one the $40.10B market cap company. It closed at $14.93 lastly. It is down 3.73% since February 14, 2018 and is downtrending. It has underperformed by 3.73% the S&P500. Some Historical ORAN News: 05/04/2018 – REG-Orange: Filing of Orange’s 20-F report with the U.S. Securities and Exchange Commission; 09/04/2018 – Rolls-Royce: L’Orange Has Enterprise Value of EUR700M; 24/03/2018 – Cal EMA Spills: SPILL Report – City of Orange PW – 03/24/2018 02:32 PM; 26/04/2018 – REG-Orange : 1st quarter 2018 financial information; 27/04/2018 – Historic Orange Lawn Tennis Club Announces New Ownership Plans to Restore OLTC to Its Premier Stature and Beyond; 19/03/2018 – REG-Orange :Release of 2016 and 2017 financial data restated under the IFRS15 accounting standard; 09/04/2018 – Bud Light Introduces Bud Light Orange and Bud Light Lime; 09/04/2018 – Rolls-Royce sells parts maker L’Orange to Woodward for 700 mln euros; 11/05/2018 – BUSINESS & DECISION SA BZDK.PA – MAJORITY SHAREHOLDING IN CO SOLD TO TO NETWORK RELATED SERVICES (AN ORANGE UNIT); 05/04/2018 – REG-Orange : Publication of the 2017 registration document

First Manhattan Company increased its stake in Kansas City Southern (KSU) by 139.04% based on its latest 2018Q3 regulatory filing with the SEC. First Manhattan Company bought 6,250 shares as the company’s stock declined 18.42% with the market. The hedge fund held 10,745 shares of the railroads company at the end of 2018Q3, valued at $1.22 million, up from 4,495 at the end of the previous reported quarter. First Manhattan Company who had been investing in Kansas City Southern for a number of months, seems to be bullish on the $10.53B market cap company. The stock increased 0.12% or $0.13 during the last trading session, reaching $104.28. About 1.63 million shares traded or 39.59% up from the average. Kansas City Southern (NYSE:KSU) has declined 12.36% since February 14, 2018 and is downtrending. It has underperformed by 12.36% the S&P500. Some Historical KSU News: 18/04/2018 – Kansas City Southern expected to post earnings of $1.33 a share – Earnings Preview; 20/04/2018 – Strong volumes lift Kansas City Southern quarterly profit; 20/04/2018 – Kansas City Southern Volume Rises More Than Triple Average; 20/04/2018 – KANSAS CITY SOUTHERN 1Q REV. $639M, EST. $639.5M; 05/03/2018 – KANSAS CITY SOUTHERN INVESTING IN MEXICO RAIL CROSSING, SPUR; 20/04/2018 – KANSAS CITY SOUTHERN 1Q ADJ EPS $1.30, EST. $1.33; 30/04/2018 – S&PGR Rates Kansas City Southern’s Senior Unsecured Nts ‘BBB-‘; 01/05/2018 – Kansas City Southern Recognized by CIO as One of the CIO 100 Award Winners; 12/03/2018 – KCS’ Mike Upchurch to Address the J.P. Morgan 2018 Aviation, Transportation and Industrials Conference; 08/03/2018 – KANSAS CITY SOUTHERN – RECEIVED FINAL RESOLUTION HANDED DOWN BY PANEL OF MEXICAN ECONOMIC COMPETITION COMMISSION

More notable recent Orange S.A. (NYSE:ORAN) news were published by: Seekingalpha.com which released: “Orange’s (ORAN) CEO Stéphane Richard on Q4 2017 Results – Earnings Call Transcript – Seeking Alpha” on February 26, 2018, also Businesswire.com with their article: “Orange Acquires Basefarm Holding and Becomes a European Leader in Cloud Computing Services for the Enterprise Sector – Business Wire” published on July 16, 2018, Seekingalpha.com published: “Orange: Strong Business, Stable Dividends – Seeking Alpha” on August 14, 2018. More interesting news about Orange S.A. (NYSE:ORAN) were released by: Finance.Yahoo.com and their article: “3 Top Dividend Stocks With Yields Over 4% – Yahoo Finance” published on June 30, 2018 as well as Fool.com‘s news article titled: “3 High-Yield International Stocks – The Motley Fool” with publication date: August 28, 2017.

Among 8 analysts covering Orange (NYSE:ORAN), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Orange had 13 analyst reports since July 21, 2015 according to SRatingsIntel. Bank of America downgraded the stock to “Neutral” rating in Wednesday, August 31 report. On Monday, April 4 the stock rating was downgraded by Deutsche Bank to “Hold”. As per Wednesday, August 26, the company rating was upgraded by Citigroup. Deutsche Bank downgraded the stock to “Hold” rating in Tuesday, July 21 report. Berenberg initiated the stock with “Hold” rating in Monday, January 23 report. The firm earned “Hold” rating on Monday, October 3 by HSBC. On Friday, September 7 the stock rating was maintained by Argus Research with “Buy”. Bank of America downgraded the shares of ORAN in report on Tuesday, June 13 to “Hold” rating. The stock has “Outperform” rating by Raymond James on Tuesday, July 19. The firm earned “Sell” rating on Monday, June 19 by Berenberg.

Eqis Capital Management Inc, which manages about $779.38 million and $1.60 billion US Long portfolio, upped its stake in Eni S P A (NYSE:E) by 12,157 shares to 23,729 shares, valued at $888,000 in 2018Q3, according to the filing. It also increased its holding in Spdr Series Trust (XME) by 20,780 shares in the quarter, for a total of 36,631 shares, and has risen its stake in Spdr Series Trust (SLYG).

Since August 28, 2018, it had 1 buy, and 2 selling transactions for $103,568 activity. 729 Kansas City Southern (NYSE:KSU) shares with value of $87,323 were sold by Grafton Suzanne M. On Tuesday, August 28 the insider Cordova Lu M sold $118,925.

Among 26 analysts covering Kansas City Southern (NYSE:KSU), 18 have Buy rating, 1 Sell and 7 Hold. Therefore 69% are positive. Kansas City Southern had 103 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was maintained by Bank of America on Monday, August 21 with “Neutral”. As per Friday, October 20, the company rating was maintained by BMO Capital Markets. Morgan Stanley maintained it with “Equal-Weight” rating and $107 target in Wednesday, April 25 report. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, October 9. The rating was maintained by Morgan Stanley on Thursday, March 8 with “Equal-Weight”. On Tuesday, July 11 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Buy” rating by Stifel Nicolaus given on Friday, July 21. The rating was initiated by Atlantic Securities on Thursday, August 11 with “Neutral”. The rating was maintained by Stifel Nicolaus on Friday, October 20 with “Buy”. The stock has “Accumulate” rating by Seaport Global Securities on Wednesday, October 19.

First Manhattan Company, which manages about $20.51 billion and $18.76 billion US Long portfolio, decreased its stake in Te Connectivity (NYSE:TEL) by 43,800 shares to 313,908 shares, valued at $27.60M in 2018Q3, according to the filing. It also reduced its holding in Brookfield Asset Mgt (NYSE:BAM) by 379,270 shares in the quarter, leaving it with 14.58 million shares, and cut its stake in Graco Inc (NYSE:GGG).

More notable recent Kansas City Southern (NYSE:KSU) news were published by: Seekingalpha.com which released: “Kansas City Southern wins permit to build new Texas marine terminal – Seeking Alpha” on January 16, 2019, also Benzinga.com with their article: “Berkshire Hathaway Inc. (NYSE:BRK-A), CSX Corporation (NYSE:CSX) – KC Southern Joins The Move To Precision Railroading And Now It’s Almost Unanimous – Benzinga” published on January 18, 2019, Businesswire.com published: “Kansas City Southern Names Sameh Fahmy Executive Vice President Precision Scheduled Railroading – Business Wire” on February 07, 2019. More interesting news about Kansas City Southern (NYSE:KSU) were released by: Benzinga.com and their article: “Berkshire Hathaway Inc. (NYSE:BRK-A), CSX Corporation (NYSE:CSX) – Three Companies And What They Said About Precision Railroading In Their Earnings Calls – Benzinga” published on January 22, 2019 as well as Seekingalpha.com‘s news article titled: “Kansas City Southern Still Hasn’t Arrived – Seeking Alpha” with publication date: September 25, 2018.

Investors sentiment decreased to 1.08 in 2018 Q3. Its down 0.09, from 1.17 in 2018Q2. It fall, as 28 investors sold KSU shares while 173 reduced holdings. 81 funds opened positions while 136 raised stakes. 84.45 million shares or 1.44% less from 85.69 million shares in 2018Q2 were reported. 11,928 are owned by Dnb Asset Mngmt As. Atwood & Palmer owns 57 shares. Alyeska Invest Grp Ltd Partnership stated it has 0.12% of its portfolio in Kansas City Southern (NYSE:KSU). Pub Employees Retirement Systems Of Ohio has invested 0.02% of its portfolio in Kansas City Southern (NYSE:KSU). Stevens First Principles Advsrs reported 520 shares stake. North Star Investment Mgmt stated it has 0% in Kansas City Southern (NYSE:KSU). Wellington Mngmt Grp Llp stated it has 33,978 shares or 0% of all its holdings. Barometer Cap Mgmt has invested 0.26% in Kansas City Southern (NYSE:KSU). Stifel Fincl owns 21,341 shares or 0.01% of their US portfolio. Wesbanco Bank has 43,404 shares for 0.24% of their portfolio. Cypress Asset Management Tx owns 0.07% invested in Kansas City Southern (NYSE:KSU) for 2,156 shares. Smith Moore holds 0.12% or 4,617 shares in its portfolio. Qs Lc reported 0% of its portfolio in Kansas City Southern (NYSE:KSU). Next Fin Group, a Texas-based fund reported 550 shares. Greenwood Cap Assocs Ltd invested in 6,032 shares.

Kansas City Southern (NYSE:KSU) Institutional Positions Chart