Timken Co (TKR) Shareholder Grantham Mayo Van Otterloo & Co Lowered Its Position as Valuation Declined; Hs Management Partners Lifted Its Darden Restaurants (DRI) Holding by $12.70 Million as Market Value Rose

The Timken Company (NYSE:TKR) Logo

Grantham Mayo Van Otterloo & Co Llc decreased its stake in Timken Co (TKR) by 13.2% based on its latest 2019Q2 regulatory filing with the SEC. Grantham Mayo Van Otterloo & Co Llc sold 85,100 shares as the company’s stock declined 11.74% . The institutional investor held 559,579 shares of the metal fabrications company at the end of 2019Q2, valued at $28.73M, down from 644,679 at the end of the previous reported quarter. Grantham Mayo Van Otterloo & Co Llc who had been investing in Timken Co for a number of months, seems to be less bullish one the $3.97B market cap company. The stock increased 1.76% or $0.91 during the last trading session, reaching $52.64. About 305,257 shares traded. The Timken Company (NYSE:TKR) has declined 0.63% since December 4, 2018 and is downtrending. It has underperformed by 0.63% the S&P500. Some Historical TKR News: 23/05/2018 – Timken Presenting at Conference May 30; 19/03/2018 – Timken Expects Sales to Be Up 12% to 13 % in 2018; 19/03/2018 – Timken Raises FY View To EPS $3.35-EPS $3.45; 19/03/2018 – TIMKEN SEES 2018 ADJUSTED EPS $3.50 TO $3.60; 19/03/2018 – TIMKEN CO TKR.N SEES FY 2018 ADJUSTED SHR $3.50 TO $3.60; 09/05/2018 – Vaughan Nelson Investment Buys New 1.1% Position in Timken; 01/05/2018 – Timken 1Q EPS $1.02; 01/05/2018 – Timken Raises FY18 View To EPS $3.80-EPS $3.90; 19/03/2018 – TIMKEN CO TKR.N SEES FY 2018 SALES UP 12 TO 13 PCT; 19/03/2018 – TIMKEN CO – IMPROVED 2018 OUTLOOK DRIVEN BY HIGHER DEMAND ACROSS INDUSTRIAL, OFF-HIGHWAY AND HEAVY TRUCK SECTORS

Hs Management Partners Llc increased its stake in Darden Restaurants Inc (DRI) by 16.34% based on its latest 2019Q2 regulatory filing with the SEC. Hs Management Partners Llc bought 104,925 shares as the company’s stock rose 5.22% . The institutional investor held 746,890 shares of the consumer services company at the end of 2019Q2, valued at $90.92M, up from 641,965 at the end of the previous reported quarter. Hs Management Partners Llc who had been investing in Darden Restaurants Inc for a number of months, seems to be bullish on the $14.46B market cap company. The stock decreased 0.42% or $0.5 during the last trading session, reaching $117.97. About 621,762 shares traded. Darden Restaurants, Inc. (NYSE:DRI) has risen 14.23% since December 4, 2018 and is uptrending. It has outperformed by 14.23% the S&P500. Some Historical DRI News: 22/03/2018 – DARDEN EARNINGS CALL BEGINS; 22/03/2018 – DARDEN WILL NOT OFFER BUY-ONE-TAKE-ONE OLIVE GARDEN DEAL IN 4Q; 27/04/2018 – DRI launches cybersecurity internship program in collaboration with SANS Institute; 04/05/2018 – Fitch Affirms Darden’s IDR’s at ‘BBB/F2’; Outlook Stable; 22/03/2018 – DARDEN SEES FY COMP SALES ABOUT +2%; 22/03/2018 – DARDEN 3Q ADJ EPS CONT OPS $1.71, EST. $1.64; 20/03/2018 – MEDIA-India’s DRI says Nirav Modi firms in Surat SEZ diverted duty-free diamonds – Business Standard; 20/04/2018 – DJ Darden Restaurants Inc, Inst Holders, 1Q 2018 (DRI); 22/03/2018 – DARDEN REPORTS FISCAL 2018 3Q RESULTS & BOOSTS FINL OUTLOOK FOR; 17/05/2018 – Darden 10.3% Owned by Hedge Funds

Analysts await The Timken Company (NYSE:TKR) to report earnings on February, 6. They expect $0.95 EPS, down 5.00% or $0.05 from last year’s $1 per share. TKR’s profit will be $71.56 million for 13.85 P/E if the $0.95 EPS becomes a reality. After $1.14 actual EPS reported by The Timken Company for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Since August 27, 2019, it had 1 insider purchase, and 0 insider sales for $190,216 activity.

More notable recent The Timken Company (NYSE:TKR) news were published by: Finance.Yahoo.com which released: “Is The Timken Company (NYSE:TKR) Potentially Undervalued? – Yahoo Finance” on June 15, 2019, also Finance.Yahoo.com with their article: “Is The Timken Company’s (NYSE:TKR) 12% Return On Capital Employed Good News? – Yahoo Finance” published on June 01, 2019, Seekingalpha.com published: “The Timken Company: Ready To Keep Rolling – Seeking Alpha” on May 03, 2019. More interesting news about The Timken Company (NYSE:TKR) were released by: Finance.Yahoo.com and their article: “Timken (NYSE:TKR) Shareholders Booked A 21% Gain In The Last Three Years – Yahoo Finance” published on October 02, 2019 as well as Prnewswire.com‘s news article titled: “Timken to Participate in Longbow Research Investors Conference – PRNewswire” with publication date: August 09, 2019.

Grantham Mayo Van Otterloo & Co Llc, which manages about $14.21B US Long portfolio, upped its stake in Innospec Inc (NASDAQ:IOSP) by 26,800 shares to 123,074 shares, valued at $11.23 million in 2019Q2, according to the filing. It also increased its holding in Ethan Allen Interiors Inc (NYSE:ETH) by 139,100 shares in the quarter, for a total of 185,500 shares, and has risen its stake in Cognizant Technology Solutio (NASDAQ:CTSH).

Investors sentiment increased to 1.17 in Q2 2019. Its up 0.02, from 1.15 in 2019Q1. It improved, as 21 investors sold TKR shares while 103 reduced holdings. 60 funds opened positions while 85 raised stakes. 56.45 million shares or 0.55% less from 56.76 million shares in 2019Q1 were reported. Washington-based Parametric Port Associate Ltd has invested 0.01% in The Timken Company (NYSE:TKR). D E Shaw And, New York-based fund reported 487,590 shares. Advisors Preferred Limited Liability stated it has 0.01% of its portfolio in The Timken Company (NYSE:TKR). Aperio Gp Limited Liability Company accumulated 36,819 shares. Profund Lc holds 0.01% or 5,149 shares. Numerixs Investment Tech Inc accumulated 1,100 shares. Vanguard Group Inc has 0.01% invested in The Timken Company (NYSE:TKR). Clarivest Asset Management Ltd Liability Corporation reported 204,961 shares. 55,954 are owned by Hotchkis & Wiley Capital Management Llc. Oakbrook Invests Limited Company accumulated 0.02% or 7,050 shares. Gabelli Funds Lc holds 264,000 shares or 0.09% of its portfolio. Toronto Dominion Financial Bank holds 0% of its portfolio in The Timken Company (NYSE:TKR) for 46 shares. Comerica Fincl Bank has 0.02% invested in The Timken Company (NYSE:TKR) for 54,507 shares. Nomura holds 0% or 17,252 shares. California State Teachers Retirement System reported 109,999 shares.

Investors sentiment decreased to 1.14 in Q2 2019. Its down 0.31, from 1.45 in 2019Q1. It turned negative, as 43 investors sold DRI shares while 176 reduced holdings. 63 funds opened positions while 187 raised stakes. 104.72 million shares or 1.99% more from 102.67 million shares in 2019Q1 were reported. Farmers Tru reported 0.23% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI). Exane Derivatives owns 2,551 shares. The Massachusetts-based Putnam Invests Ltd has invested 0.05% in Darden Restaurants, Inc. (NYSE:DRI). Alberta – Canada-based Alberta Invest Mgmt has invested 0.01% in Darden Restaurants, Inc. (NYSE:DRI). 8,283 are owned by Chase Invest Counsel. Moreover, Ifrah has 0.09% invested in Darden Restaurants, Inc. (NYSE:DRI) for 1,958 shares. 1St Source National Bank holds 0.04% in Darden Restaurants, Inc. (NYSE:DRI) or 3,888 shares. Fiera Corporation has invested 0% in Darden Restaurants, Inc. (NYSE:DRI). Franklin Inc invested 0% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI). Suntrust Banks holds 0.03% in Darden Restaurants, Inc. (NYSE:DRI) or 46,253 shares. Commonwealth Fincl Bank Of Aus holds 14,939 shares or 0.02% of its portfolio. Edgestream Partners Lp accumulated 5,028 shares. Tci Wealth Inc accumulated 603 shares. Bryn Mawr Tru, a Pennsylvania-based fund reported 113,967 shares. Indiana-based Tru Advsr has invested 0.82% in Darden Restaurants, Inc. (NYSE:DRI).

Hs Management Partners Llc, which manages about $2.39B and $2.98B US Long portfolio, decreased its stake in Diageo P L C (NYSE:DEO) by 75,578 shares to 373,849 shares, valued at $64.42M in 2019Q2, according to the filing. It also reduced its holding in Walmart Inc (NYSE:WMT) by 353,375 shares in the quarter, leaving it with 1.53 million shares, and cut its stake in Mcdonalds Corp (NYSE:MCD).

Darden Restaurants, Inc. (NYSE:DRI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.