Cooke & Bieler LP Lowered Kennametal (KMT) Stake, 8 Bullish Analysts Covering Five Below (FIVE)

July 17, 2017 - By Richard Conner

Among 16 analysts covering Five Below (NASDAQ:FIVE), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Five Below had 35 analyst reports since September 3, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, September 6 by Goldman Sachs. The company was maintained on Wednesday, July 5 by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, December 7 by Loop Capital. The rating was initiated by Barclays Capital with “Equal-Weight” on Friday, September 23. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, March 23 report. Stifel Nicolaus upgraded Five Below Inc (NASDAQ:FIVE) on Wednesday, January 13 to “Buy” rating. The company was maintained on Friday, June 3 by Stifel Nicolaus. The firm has “Outperform” rating given on Tuesday, December 1 by RBC Capital Markets. The company was initiated on Tuesday, October 11 by Citigroup. The stock of Five Below Inc (NASDAQ:FIVE) earned “Outperform” rating by RBC Capital Markets on Friday, June 3. See Five Below Inc (NASDAQ:FIVE) latest ratings:

10/07/2017 Broker: UBS Old Rating: Buy New Rating: Neutral Downgrade
05/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $57.0000 Maintain
20/06/2017 Broker: Jefferies Rating: Buy New Target: $62.0000 Maintain
14/06/2017 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Sector Weight Downgrade
02/06/2017 Broker: Credit Suisse Rating: Buy New Target: $65.0000
02/06/2017 Broker: UBS Rating: Buy New Target: $59.0000 Maintain
02/06/2017 Broker: RBC Capital Markets Rating: Buy New Target: $57.0000 Maintain
30/05/2017 Broker: Barclays Capital Rating: Hold New Target: $49.0000
09/05/2017 Broker: Gordon Haskett Rating: Accumulate New Target: $57.00 Initiates Coverage On

Cooke & Bieler Lp decreased Kennametal (KMT) stake by 52.69% reported in 2016Q4 SEC filing. Cooke & Bieler Lp sold 131,850 shares as Kennametal (KMT)’s stock declined 1.24%. The Cooke & Bieler Lp holds 118,385 shares with $3.70 million value, down from 250,235 last quarter. Kennametal now has $3.14 billion valuation. The stock declined 0.64% or $0.25 reaching $38.51 per share. About 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.

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. Longbow upgraded Kennametal Inc. (NYSE:KMT) on Thursday, February 4 to “Neutral” rating. The firm has “Buy” rating given on Thursday, July 13 by Jefferies. The firm has “Neutral” rating given on Friday, October 2 by Bank of America. The company was downgraded on Wednesday, October 28 by UBS. Goldman Sachs upgraded Kennametal Inc. (NYSE:KMT) on Monday, October 31 to “Buy” rating. The stock of Kennametal Inc. (NYSE:KMT) earned “Neutral” rating by Bank of America on Friday, January 13. On Tuesday, August 11 the stock rating was downgraded by Bank of America to “Neutral”. The rating was upgraded by JP Morgan to “Neutral” on Friday, February 3. Jefferies maintained it with “Buy” rating and $45 target in Wednesday, April 5 report. The firm has “Hold” rating by BMO Capital Markets given on Friday, April 21.

Investors sentiment increased to 0.84 in Q4 2016. Its up 0.07, from 0.77 in 2016Q3. It is positive, as 25 investors sold KMT 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. Moreover, Barrow Hanley Mewhinney And Strauss Limited Liability Corp has 0.01% invested in Kennametal Inc. (NYSE:KMT). Qci Asset Mngmt New York holds 10 shares. 564,621 were reported by Schwab Charles Invest Mgmt. Moreover, Point72 Asset Mgmt Lp has 0.06% invested in Kennametal Inc. (NYSE:KMT). California Pub Employees Retirement Systems holds 232,500 shares or 0.01% of its portfolio. Cap Fund Mgmt Sa, a France-based fund reported 332,470 shares. Skylands Lc reported 0.12% in Kennametal Inc. (NYSE:KMT). Dean Inv Assoc Limited reported 0.22% in Kennametal Inc. (NYSE:KMT). Nomura Asset Management holds 3,240 shares or 0% of its portfolio. Strs Ohio holds 0.01% in Kennametal Inc. (NYSE:KMT) or 42,300 shares. Sg Americas Lc holds 4,671 shares or 0% of its portfolio. Legal General Gp Public Limited Liability holds 0% of its portfolio in Kennametal Inc. (NYSE:KMT) for 102,330 shares. Amalgamated Financial Bank invested 0.02% of its portfolio in Kennametal Inc. (NYSE:KMT). 11,869 are held by Credit Agricole S A. Adage Prtn Limited Liability Corp holds 0.05% of its portfolio in Kennametal Inc. (NYSE:KMT) for 626,687 shares.

Analysts await Kennametal Inc. (NYSE:KMT) to report earnings on August, 7. They expect $0.63 EPS, up 43.18% or $0.19 from last year’s $0.44 per share. KMT’s profit will be $51.37M for 15.28 P/E if the $0.63 EPS becomes a reality. After $0.60 actual EPS reported by Kennametal Inc. for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

Since June 8, 2017, it had 0 insider purchases, and 3 selling transactions for $842,781 activity. MCLEVISH TIMOTHY R sold $280,000 worth of stock or 7,000 shares. $280,037 worth of stock was sold by DUR PHILIP A on Thursday, June 8. WUNNING STEVEN H sold $282,744 worth of stock.

Cooke & Bieler Lp increased Rockwell Collins (NYSE:COL) stake by 3,630 shares to 1.01 million valued at $93.26M in 2016Q4. It also upped Unilever Nv (NYSE:UN) stake by 684,701 shares and now owns 2.21 million shares. Progressive (NYSE:PGR) was raised too.

Since June 8, 2017, it had 0 buys, and 1 insider sale for $932,472 activity. On Thursday, June 8 the insider BULL KENNETH R sold $932,472.

Five Below, Inc. is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The company has market cap of $2.64 billion. The Firm offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. It has a 35.66 P/E ratio. The Company’s product groups include leisure, fashion and home, and party and snack.

About shares traded. Five Below Inc (NASDAQ:FIVE) has risen 35.78% since July 17, 2016 and is uptrending. It has outperformed by 19.08% the S&P500.

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