Bb&T Securities Has Increased Parker (PH) Position, 5 Analysts Are Bullish Kennametal Inc. (KMT) Last Week

July 17, 2017 - By Vivian Currie

Bb&T Securities Llc increased Parker (PH) stake by 87.11% reported in 2016Q4 SEC filing. Bb&T Securities Llc acquired 12,174 shares as Parker (PH)’s stock rose 2.16%. The Bb&T Securities Llc holds 26,149 shares with $3.66M value, up from 13,975 last quarter. Parker now has $22.15B valuation. The stock rose 0.64% or $1.06 reaching $166.12 per share. About 169,797 shares traded. Parker-Hannifin Corp (NYSE:PH) has risen 44.23% since July 17, 2016 and is uptrending. It has outperformed by 27.53% the S&P500.

Among 12 analysts covering Kennametal Inc. (NYSE:KMT), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Kennametal Inc. had 27 analyst reports since August 3, 2015 according to SRatingsIntel. As per Friday, December 9, the company rating was downgraded by JP Morgan. Longbow downgraded the shares of KMT in report on Friday, March 18 to “Neutral” rating. The company was maintained on Tuesday, May 30 by Jefferies. The stock of Kennametal Inc. (NYSE:KMT) earned “Buy” rating by Goldman Sachs on Monday, October 31. The firm has “Buy” rating by Seaport Global Securities given on Friday, February 3. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, May 4 report. The firm has “Neutral” rating given on Thursday, February 4 by Longbow. On Friday, January 13 the stock rating was upgraded by Bank of America to “Neutral”. The rating was maintained by Jefferies with “Buy” on Wednesday, April 5. Bank of America downgraded Kennametal Inc. (NYSE:KMT) rating on Wednesday, November 4. Bank of America has “Underperform” rating and $23 target. See Kennametal Inc. (NYSE:KMT) latest ratings:

13/07/2017 Broker: Jefferies Rating: Buy New Target: $50.0000 Maintain
30/05/2017 Broker: Jefferies Rating: Buy New Target: $50.0000 Maintain
01/05/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $38.00 New Target: $44.00 Target Up
21/04/2017 Broker: BMO Capital Markets Rating: Hold New Target: $40.00 Maintain
05/04/2017 Broker: Jefferies Rating: Buy New Target: $45.00 Maintain
03/02/2017 Broker: JP Morgan Old Rating: Underweight New Rating: Neutral Upgrade
03/02/2017 Broker: Seaport Global Securities Old Rating: Neutral New Rating: Buy Old Target: $28 New Target: $50 Upgrade

About 126,951 shares traded. Kennametal Inc. (NYSE:KMT) has risen 68.13% since July 17, 2016 and is uptrending. It has outperformed by 51.43% the S&P500.

Investors sentiment increased to 0.84 in 2016 Q4. Its up 0.07, from 0.77 in 2016Q3. It increased, as 25 investors sold Kennametal Inc. shares while 90 reduced holdings. 35 funds opened positions while 62 raised stakes. 74.82 million shares or 0.39% less from 75.11 million shares in 2016Q3 were reported. Northwestern Mutual Wealth Mngmt stated it has 575 shares or 0% of all its holdings. Moreover, Thrivent Financial For Lutherans has 0.07% invested in Kennametal Inc. (NYSE:KMT). Pub Employees Retirement Association Of Colorado holds 0% of its portfolio in Kennametal Inc. (NYSE:KMT) for 16,194 shares. Moreover, Vident Investment Advisory Ltd Company has 0.37% invested in Kennametal Inc. (NYSE:KMT). Huntington Commercial Bank reported 0% of its portfolio in Kennametal Inc. (NYSE:KMT). Blackrock Fund Advsrs stated it has 0.03% of its portfolio in Kennametal Inc. (NYSE:KMT). Proshare Advsrs Ltd Liability Corp, Maryland-based fund reported 21,123 shares. Invesco Limited invested in 1.17M shares. Tcw has 60,472 shares for 0.01% of their portfolio. Parametric Assocs Limited Co reported 325,415 shares or 0.01% of all its holdings. Scopus Asset Mgmt Limited Partnership has 0.03% invested in Kennametal Inc. (NYSE:KMT) for 39,901 shares. Susquehanna International Group Inc Llp reported 0% in Kennametal Inc. (NYSE:KMT). 194,229 are owned by Los Angeles Capital Mngmt And Equity. Retirement Of Alabama reported 103,222 shares. Texas Permanent School Fund accumulated 58,300 shares or 0.02% of the stock.

Kennametal Inc. is a supplier of tooling, engineered components and materials consumed in production processes. The company has market cap of $3.15 billion. The Firm operates through two divisions: Industrial and Infrastructure. It currently has negative earnings. The Industrial segment generally serves clients that operate in industrial end markets, such as transportation, general engineering, aerospace and defense.

Since June 8, 2017, it had 0 insider buys, and 3 selling transactions for $842,781 activity. The insider MCLEVISH TIMOTHY R sold 7,000 shares worth $280,000. WUNNING STEVEN H sold $282,744 worth of stock or 7,000 shares. DUR PHILIP A also sold $280,037 worth of Kennametal Inc. (NYSE:KMT) on Thursday, June 8.

Since March 1, 2017, it had 1 insider purchase, and 11 sales for $8.00 million activity. 3,355 Parker-Hannifin Corp (NYSE:PH) shares with value of $536,699 were sold by Ross Andrew D. The insider Chung Yoon Michael sold $104,066. ELINE WILLIAM G also sold $248,006 worth of Parker-Hannifin Corp (NYSE:PH) on Tuesday, May 9. Another trade for 18,435 shares valued at $2.95M was sold by Williams Thomas L. Shares for $407,279 were sold by Dedinsky John G Jr on Friday, June 2. BANKS LEE C also sold $1.51M worth of Parker-Hannifin Corp (NYSE:PH) on Thursday, March 2. $157,750 worth of Parker-Hannifin Corp (NYSE:PH) was bought by MULLER KLAUS PETER.

Investors sentiment decreased to 1.01 in 2016 Q4. Its down 0.01, from 1.02 in 2016Q3. It dropped, as 43 investors sold PH shares while 201 reduced holdings. 77 funds opened positions while 169 raised stakes. 102.98 million shares or 0.60% more from 102.36 million shares in 2016Q3 were reported. Bokf Na invested in 2,375 shares or 0.01% of the stock. Victory Inc owns 0.37% invested in Parker-Hannifin Corp (NYSE:PH) for 1.04M shares. Adage Grp Inc Limited Liability Co accumulated 42,062 shares. Hall Laurie J Trustee holds 0.38% or 4,219 shares in its portfolio. Carroll Financial Associate has 0% invested in Parker-Hannifin Corp (NYSE:PH). Archford Strategies Ltd Liability Com holds 0.28% of its portfolio in Parker-Hannifin Corp (NYSE:PH) for 4,673 shares. Wealthtrust Fairport Lc invested 0.28% in Parker-Hannifin Corp (NYSE:PH). Quantitative Investment Mngmt Limited Company holds 12,000 shares or 0.04% of its portfolio. Rhumbline Advisers invested in 0.09% or 258,780 shares. Scotia Cap holds 0% or 2,152 shares. The New York-based First Manhattan Co has invested 0% in Parker-Hannifin Corp (NYSE:PH). Toronto Dominion Bancshares accumulated 28,408 shares or 0.01% of the stock. Tocqueville Asset Mngmt Lp accumulated 6,327 shares or 0.01% of the stock. First Advisors Lp has 0.03% invested in Parker-Hannifin Corp (NYSE:PH) for 67,938 shares. Norinchukin Bancorporation The owns 8,092 shares for 0.03% of their portfolio.

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