Investec Asset Management LTD Stake in Thermo Fisher Scientific INC (TMO) Decreased by $6.64 Million; Shares Rose

May 16, 2018 - By Megan Stone

Thermo Fisher Scientific Inc. (NYSE:TMO) Corporate LogoBig Money Sentiment decreased to 0.91 in 2017 Q4. It has change of 0.05, from 2017Q3’s 0.96. The ratio turned negative due to TMO positioning: 43 sold and 410 reduced. 93 funds took positions and 319 increased positions. Investors holded 333.20 million in 2017Q3 but now own 335.65 million shares or 0.74% more. National Asset Mgmt holds 0.08% or 3,214 shs. Nomura Holdg reported 71,391 shs. Charter Trust Co invested in 17,993 shs or 0.4% of the stock. Peddock Capital Advsr Limited Liability Co owns 0.85% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 8,892 shs. Comerica Secs Incorporated has invested 0.15% of its capital in Thermo Fisher Scientific Inc. (NYSE:TMO). Sequoia Financial Advsrs Limited Liability has invested 0.03% in Thermo Fisher Scientific Inc. (NYSE:TMO). Chelsea Counsel owns 41,320 shs or 4.19% of their US capital. Geode Cap Mgmt Ltd Llc holds 3.92M shs. Moreover, Amer Research Mngmt has 0.18% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 2,990 shs. 55,367 were accumulated by Advisors Cap Mgmt Limited Com. Waddell & Reed Finance Incorporated holds 133,780 shs or 0.06% of its capital. State Of Alaska Department Of Revenue reported 0.19% stake. 83,208 are held by Oppenheimer & Incorporated. Wafra Advisory Group Ny has invested 0.7% in Thermo Fisher Scientific Inc. (NYSE:TMO). Archford Capital Strategies Limited Liability stated it has 0.47% in Thermo Fisher Scientific Inc. (NYSE:TMO).

TMO registered $37.14 million net activity with 0 buys and 8 sales since December 15, 2017. 33,327 Thermo Fisher Scientific Inc. (NYSE:TMO) shs with value of $7.32M were sold by Herrema Gregory J.. On Thursday, February 15 a trade for 1,000 shs valued at $209,796 was made by Parrett William G. Williamson Stephen also sold $511,511 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) shs. Durbin Patrick M also sold $1.31M worth of Thermo Fisher Scientific Inc. (NYSE:TMO) on Monday, February 5.

Investec Asset Management Ltd’s stake in Thermo Fisher Scientific Inc (TMO) is reduced by 1.62% based on its latest 2017Q4 regulatory filing with the SEC. 35,129 shares were sold by Investec Asset Management Ltd as the company’s stock rose 8.51% while stock markets declined. At the end of 2017Q4, the institutional investor held 2.14M shares of the industrial machinery and components company, priced at $406.01 million, down from 2.17 million at the end of the previous reported quarter. $84.76B is the market cap of Thermo Fisher Scientific Inc. TMO is hitting $210.67 during the last trading session, after increased 0.76%.Thermo Fisher Scientific Inc. has volume of 1.35M shares. Since May 16, 2017 TMO has risen 33.66% and is uptrending. TMO outperformed the S&P 500 by 22.11%.

About $24.34 billion US Long portfolio Investec Asset Management Ltd manages. According to a filing the fund increased its stake in Morgan Stanley Intl Ltd (NYSE:MS) by 566,690 shares to 4.68 million shares, valued at $245.50 million in 2017Q4. Investec Asset Management Ltd has risen its stake in Tiffany & Co (NYSE:TIF) and also increased its holding in Essent Group Ltd (NYSE:ESNT) by 179,480 shares in the quarter, for a total of 603,856 shares.

Thermo Fisher Scientific Inc. (NYSE:TMO)’s quarterly earnings will be revealed on July, 25., as reported by RTT. This year’s earnings per share analyst estimate is awaited to be $2.69. That is 16.96 % up compareed to $2.3 earnings per share for last year. If reported the P/E will be 19.58 with $1.08B profit. After $2.50 earnings per share was revealed previous quarter, analysts now see EPS growth of 7.60 % for Thermo Fisher Scientific Inc..

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Thermo Fisher Scientific Inc. (NYSE:TMO) Ratings Coverage

A total of 9 analysts rate Thermo Fisher (NYSE:TMO) as follows: 8 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 89% are bullish. (NYSE:TMO) has 13 ratings reports on May 16, 2018 according to StockzIntelligence. On Wednesday, April 11 the firm has “Overweight” rating given by Morgan Stanley. On Thursday, January 18 the rating was maintained by Robert W. Baird with “Buy”. On Thursday, April 26 the stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Overweight” rating given by Morgan Stanley. The company rating was maintained by Cowen & Co on Wednesday, January 31. The company rating was maintained by Leerink Swann on Monday, December 4. On Thursday, February 1 the firm has “Overweight” rating given by Barclays Capital. On Wednesday, January 31 the rating was maintained by Robert W. Baird with “Buy”. On Wednesday, January 3 the stock has “Buy” rating by Evercore. In Thursday, February 1 report Morgan Stanley maintained the stock with “Overweight” rating. On Thursday, February 1 the firm has “Buy” rating given by Bank of America.

Thermo Fisher Scientific Inc. (NYSE:TMO) Institutional Investors Chart

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