Institutional Investors Lead Shift in Western Asset (NYSE:WIW) Sentiment

June 17, 2018 - By Vivian Currie

Sentiment for Western Asset (NYSE:WIW)

Western Asset (NYSE:WIW) institutional sentiment decreased to 0.95 in Q1 2018. Its down -0.16, from 1.11 in 2017Q4. The ratio has dropped, as 73 active investment managers increased or opened new stock positions, while 77 sold and reduced stock positions in Western Asset. The active investment managers in our partner’s database now own: 26.60 million shares, down from 29.23 million shares in 2017Q4. Also, the number of active investment managers holding Western Asset in their top 10 stock positions increased from 2 to 5 for an increase of 3. Sold All: 56 Reduced: 21 Increased: 31 New Position: 42.

The stock decreased 0.63% or $0.07 during the last trading session, reaching $11. About 86,714 shares traded or 10.54% up from the average. Western Asset/Claymore Inflation-Linked Opportunities & Income Fund (NYSE:WIW) has declined 0.36% since June 17, 2017 and is downtrending. It has underperformed by 12.93% the S&P500.

Mcgowan Group Asset Management Inc. holds 7.88% of its portfolio in Western Asset/Claymore Inflation-Linked Opportunities & Income Fund for 3.16 million shares. Stevens First Principles Investment Advisors owns 735,263 shares or 5.09% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 4.2% invested in the company for 3.89 million shares. The Pennsylvania-based Penn Mutual Life Insurance Co has invested 4.19% in the stock. Roberts Glore & Co Inc Il, a Illinois-based fund reported 440,483 shares.

Since January 1, 0001, it had 1 insider purchase, and 0 sales for $1,702 activity.

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