As Ametek INC New (AME) Share Value Rose, Shareholder Westfield Capital Management Company LP Has Cut Its Holding

April 21, 2018 - By Vivian Park

AMETEK, Inc. (NYSE:AME) LogoInvestors sentiment increased to 1.29 in 2017 Q4. Its up 0.09, from 1.2 in 2017Q3. It is positive, as 30 investors sold AME shares while 150 reduced holdings. 69 funds opened positions while 163 raised stakes. 192.20 million shares or 0.03% more from 192.13 million shares in 2017Q3 were reported. Germany-based Deutsche Commercial Bank Ag has invested 0.13% in AMETEK, Inc. (NYSE:AME). Loring Wolcott And Coolidge Fiduciary Advisors Ltd Liability Partnership Ma invested 0% in AMETEK, Inc. (NYSE:AME). Aviva Pcl owns 125,738 shares for 0.05% of their portfolio. Monetary Mgmt Grp Inc owns 1,450 shares for 0.04% of their portfolio. Eagle Asset Management Inc holds 627,067 shares or 0.25% of its portfolio. Harvey Inv Llc reported 0.33% stake. Parametric Portfolio Ltd Com reported 336,394 shares. Chevy Chase Tru Inc, Maryland-based fund reported 200,213 shares. Jennison Associates Ltd Limited Liability Company accumulated 2.17 million shares or 0.16% of the stock. American Century Companies invested 0.29% of its portfolio in AMETEK, Inc. (NYSE:AME). Dynamic Cap Management Limited invested in 0.23% or 9,426 shares. Macquarie Group Ltd reported 89,190 shares stake. M&R Cap Mgmt Inc holds 0.01% or 800 shares in its portfolio. Timber Hill Lc has 0.05% invested in AMETEK, Inc. (NYSE:AME). Ngam Advisors LP stated it has 23,463 shares or 0.02% of all its holdings.

Since December 11, 2017, it had 0 insider buys, and 13 selling transactions for $9.09 million activity. The insider Conti Anthony James sold $316,476. Shares for $1.26 million were sold by EGINTON WILLIAM D on Monday, February 5. On Thursday, February 15 the insider VARET ELIZEBETH R sold $227,550. Another trade for 14,976 shares valued at $1.13 million was made by Oscher Ronald J on Thursday, February 15. 25,965 AMETEK, Inc. (NYSE:AME) shares with value of $2.04M were sold by Hardin John Wesley. $1.86M worth of AMETEK, Inc. (NYSE:AME) was sold by ZAPICO DAVID A.

Westfield Capital Management Company Lp decreased its stake in Ametek Inc New (AME) by 9.18% based on its latest 2017Q4 regulatory filing with the SEC. Westfield Capital Management Company Lp sold 261,080 shares as the company’s stock rose 3.40% while stock markets declined. The institutional investor held 2.58M shares of the consumer durables company at the end of 2017Q4, valued at $187.13 million, down from 2.84 million at the end of the previous reported quarter. Westfield Capital Management Company Lp who had been investing in Ametek Inc New for a number of months, seems to be less bullish one the $17.55B market cap company. The stock decreased 0.94% or $0.72 during the last trading session, reaching $75.81. About 1.35 million shares traded or 19.88% up from the average. AMETEK, Inc. (NYSE:AME) has risen 40.32% since April 21, 2017 and is uptrending. It has outperformed by 28.77% the S&P500.

Westfield Capital Management Company Lp, which manages about $17.38 billion and $13.09B US Long portfolio, upped its stake in Ncr Corp New (NYSE:NCR) by 233,020 shares to 1.10M shares, valued at $37.31 million in 2017Q4, according to the filing. It also increased its holding in Flowserve Corp (NYSE:FLS) by 218,330 shares in the quarter, for a total of 1.20 million shares, and has risen its stake in Mgm Resorts International (NYSE:MGM).

Analysts await AMETEK, Inc. (NYSE:AME) to report earnings on May, 2 before the open. They expect $0.72 EPS, up 20.00 % or $0.12 from last year’s $0.6 per share. AME’s profit will be $166.71M for 26.32 P/E if the $0.72 EPS becomes a reality. After $0.70 actual EPS reported by AMETEK, Inc. for the previous quarter, Wall Street now forecasts 2.86 % EPS growth.

AMETEK, Inc. (NYSE:AME) Ratings Coverage

Among 9 analysts covering Ametek Inc (NYSE:AME), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ametek Inc had 21 analyst reports since October 26, 2017 according to SRatingsIntel. As per Thursday, February 1, the company rating was maintained by Robert W. Baird. BMO Capital Markets maintained AMETEK, Inc. (NYSE:AME) on Thursday, January 25 with “Buy” rating. The firm earned “Buy” rating on Thursday, February 15 by Stifel Nicolaus. As per Thursday, December 21, the company rating was maintained by Cowen & Co. As per Friday, November 3, the company rating was maintained by BMO Capital Markets. The firm earned “Overweight” rating on Wednesday, February 7 by Morgan Stanley. BMO Capital Markets maintained AMETEK, Inc. (NYSE:AME) on Thursday, February 1 with “Buy” rating. The firm has “Buy” rating given on Thursday, October 26 by Cowen & Co. The firm has “Buy” rating given on Wednesday, January 3 by RBC Capital Markets. On Thursday, November 2 the stock rating was maintained by RBC Capital Markets with “Buy”.

AMETEK, Inc. (NYSE:AME) Institutional Positions Chart

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