Rk Asset Management Trimmed By $383,525 Its Globus Medical A (GMED) Position; Tiedemann Wealth Management Boosted Honda Motor LTD (HMC) Holding

December 25, 2017 - By John Hoffman

Rk Asset Management Llc decreased Globus Medical Inc A (GMED) stake by 11.11% reported in 2017Q3 SEC filing. Rk Asset Management Llc sold 13,225 shares as Globus Medical Inc A (GMED)’s stock rose 10.32%. The Rk Asset Management Llc holds 105,811 shares with $3.15 million value, down from 119,036 last quarter. Globus Medical Inc A now has $3.89 billion valuation. The stock increased 0.70% or $0.28 during the last trading session, reaching $40.4. About 440,681 shares traded. Globus Medical, Inc. (NYSE:GMED) has risen 30.88% since December 25, 2016 and is uptrending. It has outperformed by 14.18% the S&P500.

Tiedemann Wealth Management Llc increased Honda Motor Ltd (HMC) stake by 136.66% reported in 2017Q3 SEC filing. Tiedemann Wealth Management Llc acquired 25,917 shares as Honda Motor Ltd (HMC)’s stock declined 12.43%. The Tiedemann Wealth Management Llc holds 44,881 shares with $1.30M value, up from 18,964 last quarter. Honda Motor Ltd now has $61.39B valuation. The stock increased 0.35% or $0.12 during the last trading session, reaching $34.3. About 710,475 shares traded or 19.42% up from the average. Honda Motor Co., Ltd. (NYSE:HMC) has risen 4.10% since December 25, 2016 and is uptrending. It has underperformed by 12.60% the S&P500.

Among 9 analysts covering Honda Motor Co (NYSE:HMC), 2 have Buy rating, 5 Sell and 2 Hold. Therefore 22% are positive. Honda Motor Co had 20 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of Honda Motor Co., Ltd. (NYSE:HMC) earned “Buy” rating by Jefferies on Monday, September 18. Jefferies maintained Honda Motor Co., Ltd. (NYSE:HMC) rating on Tuesday, July 4. Jefferies has “Buy” rating and $35.4500 target. The firm has “Buy” rating given on Friday, May 13 by Jefferies. The rating was downgraded by Jefferies on Friday, October 9 to “Hold”. The rating was downgraded by Erste Group to “Sell” on Monday, April 25. Jefferies maintained the shares of HMC in report on Tuesday, August 15 with “Buy” rating. The stock of Honda Motor Co., Ltd. (NYSE:HMC) has “Buy” rating given on Thursday, October 12 by Jefferies. Zacks downgraded the stock to “Buy” rating in Thursday, August 27 report. Macquarie Research upgraded the stock to “Outperform” rating in Saturday, February 4 report. The rating was downgraded by CLSA on Friday, May 13 to “Underperform”.

Tiedemann Wealth Management Llc decreased Ethan Allen Interiors Inc (NYSE:ETH) stake by 12,325 shares to 7,906 valued at $247,000 in 2017Q3. It also reduced Plexus Corp (NASDAQ:PLXS) stake by 23,206 shares and now owns 11,275 shares. Ishares (AOM) was reduced too.

Analysts await Globus Medical, Inc. (NYSE:GMED) to report earnings on February, 26. They expect $0.34 earnings per share, up 9.68% or $0.03 from last year’s $0.31 per share. GMED’s profit will be $32.76M for 29.71 P/E if the $0.34 EPS becomes a reality. After $0.30 actual earnings per share reported by Globus Medical, Inc. for the previous quarter, Wall Street now forecasts 13.33% EPS growth.

Investors sentiment decreased to 1.38 in Q3 2017. Its down 0.19, from 1.57 in 2017Q2. It fall, as 18 investors sold GMED shares while 68 reduced holdings. 42 funds opened positions while 77 raised stakes. 64.77 million shares or 3.39% more from 62.65 million shares in 2017Q2 were reported. Alps Advsr, Colorado-based fund reported 15,299 shares. Ajo LP invested 0.01% in Globus Medical, Inc. (NYSE:GMED). Group Incorporated One Trading L P, Illinois-based fund reported 2,778 shares. Ubs Asset Americas reported 206,491 shares. Adage Capital Prtn Grp Inc Ltd Liability stated it has 100,000 shares. Invesco holds 0% in Globus Medical, Inc. (NYSE:GMED) or 44,642 shares. Koch Indus Incorporated holds 0.14% in Globus Medical, Inc. (NYSE:GMED) or 19,983 shares. Geode Capital Mgmt Ltd Liability reported 701,044 shares or 0.01% of all its holdings. Proshare Advsr owns 9,448 shares for 0% of their portfolio. Tiaa Cref Inv Mgmt Lc reported 187,067 shares. Moreover, Alliancebernstein LP has 0% invested in Globus Medical, Inc. (NYSE:GMED) for 174,111 shares. Retirement Of Alabama invested in 0.02% or 135,562 shares. Glenmede Tru Na reported 1.24 million shares. Los Angeles Capital Management And Equity holds 20,486 shares. Peak6 Invs LP invested in 0% or 30,614 shares.