Fiduciary Management INC Trimmed Arrow Electronics INC (ARW) Position by $22.98 Million as Shares Declined

Arrow Electronics, Inc. (NYSE:ARW) LogoInvestors sentiment decreased to 0.75 in Q2 2019. Its down 0.37, from 1.12 in 2019Q1. It dived, as 38 investors sold ARW shares while 118 reduced holdings. 29 funds opened positions while 88 raised stakes. 77.67 million shares or 0.14% less from 77.77 million shares in 2019Q1 were reported. Janney Montgomery Scott Limited Liability Co stated it has 0.01% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW). Coastline Tru stated it has 0.05% in Arrow Electronics, Inc. (NYSE:ARW). Toronto Dominion Commercial Bank has 0% invested in Arrow Electronics, Inc. (NYSE:ARW) for 13,257 shares. Aviva Public Ltd Com accumulated 31,065 shares or 0.02% of the stock. 22,190 are owned by Fjarde Ap. Tiverton Asset Mngmt Ltd Limited Liability Company has 5,733 shares for 0.01% of their portfolio. Raymond James Fincl Ser invested 0% in Arrow Electronics, Inc. (NYSE:ARW). Sawgrass Asset Mgmt Ltd owns 0.02% invested in Arrow Electronics, Inc. (NYSE:ARW) for 6,430 shares. Dimensional Fund Advisors Limited Partnership accumulated 3.46 million shares. 75,056 are owned by Brandywine Global Mngmt Ltd. Moreover, Charles Schwab Investment Mgmt has 0.02% invested in Arrow Electronics, Inc. (NYSE:ARW). California Employees Retirement System holds 0.02% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW) for 182,670 shares. Public Employees Retirement Association Of Colorado holds 146,257 shares. Schwartz Inv Counsel has invested 0.29% in Arrow Electronics, Inc. (NYSE:ARW). Cullen Capital Limited invested in 11,600 shares.

Fiduciary Management Inc decreased its stake in Arrow Electronics Inc. (ARW) by 20.87% based on its latest 2019Q2 regulatory filing with the SEC. Fiduciary Management Inc sold 287,240 shares as the company’s stock declined 13.04% . The institutional investor held 1.09M shares of the consumer non-durables company at the end of 2019Q2, valued at $87.56M, down from 1.38M at the end of the previous reported quarter. Fiduciary Management Inc who had been investing in Arrow Electronics Inc. for a number of months, seems to be less bullish one the $6.17B market cap company. The stock increased 1.45% or $1.06 during the last trading session, reaching $74.22. About 461,953 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has declined 3.08% since October 12, 2018 and is downtrending. It has underperformed by 3.08% the S&P500.

Fiduciary Management Inc, which manages about $20.63 billion and $16.90 billion US Long portfolio, upped its stake in Penske Automotive (NYSE:PAG) by 391,808 shares to 1.85M shares, valued at $87.98M in 2019Q2, according to the filing. It also increased its holding in Factset Research Sys. (NYSE:FDS) by 63,672 shares in the quarter, for a total of 254,972 shares, and has risen its stake in Schlumberger Ltd. (NYSE:SLB).

Analysts await Arrow Electronics, Inc. (NYSE:ARW) to report earnings on November, 7. They expect $1.67 EPS, down 23.39 % or $0.51 from last year’s $2.18 per share. ARW’s profit will be $138.85M for 11.11 P/E if the $1.67 EPS becomes a reality. After $1.60 actual EPS reported by Arrow Electronics, Inc. for the previous quarter, Wall Street now forecasts 4.37 % EPS growth.

More notable recent Arrow Electronics, Inc. (NYSE:ARW) news were published by: Businesswire.com which released: “immixGroup Announces Exclusive Relationship with ORock Technologies – Business Wire” on April 18, 2019, also Seekingalpha.com with their article: “Arrow Electronics Is Going Lower – Seeking Alpha” published on July 16, 2018, Businesswire.com published: “Arrow Electronics Expands Red Hat Relationship Within North America – Business Wire” on September 03, 2019. More interesting news about Arrow Electronics, Inc. (NYSE:ARW) were released by: Businesswire.com and their article: “Arrow Electronics Again Wins Award for Stakeholder/Employee Engagement – Business Wire” published on September 12, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hedge Funds Have Never Been This Bullish On HubSpot Inc (HUBS) – Yahoo Finance” with publication date: June 10, 2019.

Arrow Electronics, Inc. (NYSE:ARW) Institutional Positions Chart

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