As Dicks Sporting Goods (DKS) Stock Declined, Heartland Advisors Has Raised Holding by $2.24 Million; Sumitomo Mitsui Asset Management Company LTD Has Raised Its Holding in Te Connectivity LTD (TEL) by $29.14 Million

Dick's Sporting Goods, Inc. (NYSE:DKS) Logo

Sumitomo Mitsui Asset Management Company Ltd increased its stake in Te Connectivity Ltd (TEL) by 1294.15% based on its latest 2018Q3 regulatory filing with the SEC. Sumitomo Mitsui Asset Management Company Ltd bought 334,966 shares as the company’s stock declined 18.72% with the market. The institutional investor held 360,849 shares of the electronic components company at the end of 2018Q3, valued at $31.73 million, up from 25,883 at the end of the previous reported quarter. Sumitomo Mitsui Asset Management Company Ltd who had been investing in Te Connectivity Ltd for a number of months, seems to be bullish on the $27.14B market cap company. The stock decreased 0.41% or $0.33 during the last trading session, reaching $80.08. About 1.54 million shares traded. TE Connectivity Ltd. (NYSE:TEL) has declined 21.09% since February 11, 2018 and is downtrending. It has underperformed by 21.09% the S&P500. Some Historical TEL News: 20/03/2018 – TE CONNECTIVITY LTD TEL.N : MELIUS RESEARCH STARTS WITH OVERWEIGHT; TARGET PRICE $135; 16/05/2018 – TE Connectivity at AllianceBernstein Conference May 31; 27/03/2018 – Consolidated Research: 2018 Summary Expectations for TE Connectivity, CNH Industrial N.V., Proteostasis Therapeutics, Qudian In; 14/05/2018 – nVent Electric plc to Participate in the Electrical Products Group Conference; 18/04/2018 – TE Connectivity Debuts New Waterproof USB Type-C Connector; 25/04/2018 – TE Connectivity Sees FY Adj EPS $5.52-Adj EPS $5.58; 20/03/2018 – TE Connectivity exhibits data and power connectivity solutions at OCP Summit 2018; 25/04/2018 – TE Connectivity Sees 3Q Adj EPS $1.35-Adj EPS $1.37; 25/04/2018 – TE Connectivity 2Q Adj EPS $1.42; 20/03/2018 – TE Connectivity introduces 48V bus bar connectors and cable assemblies at the 2018 OCP Summit

Heartland Advisors Inc increased its stake in Dicks Sporting Goods Inc (DKS) by 28.97% based on its latest 2018Q3 regulatory filing with the SEC. Heartland Advisors Inc bought 64,100 shares as the company’s stock declined 5.90% with the market. The institutional investor held 285,400 shares of the other specialty stores company at the end of 2018Q3, valued at $10.13 million, up from 221,300 at the end of the previous reported quarter. Heartland Advisors Inc who had been investing in Dicks Sporting Goods Inc for a number of months, seems to be bullish on the $3.51B market cap company. The stock increased 1.05% or $0.37 during the last trading session, reaching $35.68. About 1.73M shares traded. Dick's Sporting Goods, Inc. (NYSE:DKS) has risen 23.66% since February 11, 2018 and is uptrending. It has outperformed by 23.66% the S&P500. Some Historical DKS News: 22/05/2018 – DICK’S SPORTING GOODS INC DKS.N SETS QUARTERLY DIVIDEND OF $0.225/SHR; 13/03/2018 – Dick’s Sporting sees hit from firearm policy changes; 30/05/2018 – Muted Fallout From Dick’s Gun Stance Led to `Surprise Icing’; 25/04/2018 – DICK’S SPORTING IN MULTI-YEAR PARTNERSHIP WITH GAMECHANGER; 13/03/2018 – Dick’s Slides as Inventory Woes and Discounting Hurt Margins; 13/03/2018 – DICK’S SPORTING GOODS INC – IN 2018, ANTICIPATES CAPITAL EXPENDITURES TO BE ABOUT $250 MLN ON A NET BASIS AND ABOUT $280 MLN ON A GROSS BASIS; 03/05/2018 – Dick’s Sporting Goods Ramps Up Gun Control Push, Hires Lobbyist; 05/04/2018 – BlackRock Plans to Block Walmart, Dick’s from Some Funds Over Guns; 30/05/2018 – DICK’S CEO: PRIVATE LABEL WILL CONTINUE TO GET MORE SPACE; 16/03/2018 – Dick’s Sporting Goods Has Yet to Feel Backlash on New Gun Policy

Investors sentiment increased to 1.14 in 2018 Q3. Its up 0.44, from 0.7 in 2018Q2. It improved, as 33 investors sold DKS shares while 93 reduced holdings. 53 funds opened positions while 91 raised stakes. 73.38 million shares or 5.61% more from 69.49 million shares in 2018Q2 were reported. State Street Corp holds 2.30M shares or 0.01% of its portfolio. Axa reported 249,298 shares. Arrowmark Colorado Limited Liability Corporation, a Colorado-based fund reported 1.31 million shares. Royal National Bank & Trust Of Canada holds 0% of its portfolio in Dick's Sporting Goods, Inc. (NYSE:DKS) for 309,296 shares. Artemis Investment Mgmt Llp has invested 0.01% in Dick's Sporting Goods, Inc. (NYSE:DKS). Sheffield Asset Mngmt Ltd, a Illinois-based fund reported 115,057 shares. Vanguard accumulated 0.01% or 6.56M shares. Metropolitan Life Insur New York has 0.02% invested in Dick's Sporting Goods, Inc. (NYSE:DKS) for 21,816 shares. Bbt Mgmt Ltd Liability Company reported 0.32% stake. Virtu Financial Ltd Limited Liability Company reported 16,696 shares. Clearbridge Invs Ltd Liability holds 0% or 46,449 shares. Us Savings Bank De owns 15,311 shares or 0% of their US portfolio. 36,631 are held by Vident Advisory Limited Liability Corp. Hbk Invs Lp stated it has 6,500 shares. New York-based Jpmorgan Chase has invested 0.01% in Dick's Sporting Goods, Inc. (NYSE:DKS).

Among 37 analysts covering Dick’s Sporting Goods Inc. (NYSE:DKS), 13 have Buy rating, 2 Sell and 22 Hold. Therefore 35% are positive. Dick’s Sporting Goods Inc. had 166 analyst reports since July 27, 2015 according to SRatingsIntel. Monness Crespi & Hardt upgraded it to “Buy” rating and $45 target in Thursday, November 19 report. The company was maintained on Thursday, August 30 by Wells Fargo. The stock of Dick's Sporting Goods, Inc. (NYSE:DKS) has “Outperform” rating given on Wednesday, August 16 by BMO Capital Markets. The stock has “Hold” rating by Credit Suisse on Monday, March 19. The firm has “Perform” rating by Oppenheimer given on Tuesday, February 21. Robert W. Baird maintained the shares of DKS in report on Wednesday, September 20 with “Hold” rating. The firm earned “Neutral” rating on Monday, November 2 by Monness Crespi & Hardt. The firm earned “Equal-Weight” rating on Wednesday, August 16 by Barclays Capital. As per Wednesday, August 16, the company rating was downgraded by Deutsche Bank. As per Wednesday, March 14, the company rating was maintained by Stephens.

More notable recent Dick's Sporting Goods, Inc. (NYSE:DKS) news were published by: Seekingalpha.com which released: “A Hidden Catalyst For Dick’s Sporting Goods – Seeking Alpha” on February 12, 2018, also Seekingalpha.com with their article: “Dick’s Sporting Goods: Nearing A Bottom? – Seeking Alpha” published on November 15, 2017, Seekingalpha.com published: “Dick’s Sporting Goods: Great Business, Greater Opportunity – Seeking Alpha” on November 21, 2017. More interesting news about Dick's Sporting Goods, Inc. (NYSE:DKS) were released by: Seekingalpha.com and their article: “Dick’s Sporting Goods Deserves A Higher Bid – Seeking Alpha” published on September 19, 2018 as well as Seekingalpha.com‘s news article titled: “Dick’s Sporting Goods: Awesome Earnings, Long Way To Go – Seeking Alpha” with publication date: June 25, 2018.

Heartland Advisors Inc, which manages about $6.06B and $1.50 billion US Long portfolio, decreased its stake in Acacia Resh Corp (NASDAQ:ACTG) by 501,063 shares to 2.60M shares, valued at $8.33M in 2018Q3, according to the filing. It also reduced its holding in Marten Trans Ltd (NASDAQ:MRTN) by 66,666 shares in the quarter, leaving it with 100,000 shares, and cut its stake in Now Inc (NYSE:DNOW).

Among 14 analysts covering TE Connectivity (NYSE:TEL), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. TE Connectivity had 56 analyst reports since July 23, 2015 according to SRatingsIntel. On Monday, September 17 the stock rating was maintained by Morgan Stanley with “Overweight”. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Outperform” rating given on Monday, January 18 by RBC Capital Markets. As per Tuesday, July 17, the company rating was maintained by Wells Fargo. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Sell” rating given on Wednesday, January 4 by Goldman Sachs. The stock of TE Connectivity Ltd. (NYSE:TEL) earned “Buy” rating by RBC Capital Markets on Thursday, October 12. The firm has “Overweight” rating given on Thursday, July 26 by Morgan Stanley. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Hold” rating given on Wednesday, October 11 by SunTrust. The firm has “Hold” rating given on Wednesday, March 2 by Berenberg. The stock has “Outperform” rating by Wells Fargo on Thursday, January 25. Cowen & Co maintained the shares of TEL in report on Friday, September 15 with “Buy” rating.

Since February 6, 2019, it had 0 insider buys, and 1 sale for $1.07 million activity.

More notable recent TE Connectivity Ltd. (NYSE:TEL) news were published by: Nasdaq.com which released: “Nordic American Tankers Ltd (NYSE: NAT) – Timing of Earnings Release and Conference Call. Positive Tanker Market. – Nasdaq” on February 11, 2019, also Prnewswire.com with their article: “Ellomay Capital Ltd. Regains Compliance With NYSE American Audit Committee Composition Continued Listing Requirements – PRNewswire” published on January 28, 2019, Streetinsider.com published: “TE Connectivity (TEL) to sell its subsea communications business to Cerberus Capital Management for $325M – StreetInsider.com” on September 17, 2018. More interesting news about TE Connectivity Ltd. (NYSE:TEL) were released by: Seekingalpha.com and their article: “TE Connectivity: Capital Return Program Driven By A Strong FCF – Seeking Alpha” published on September 04, 2018 as well as Seekingalpha.com‘s news article titled: “TE Connectivity (TEL) Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: July 25, 2018.

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.21, from 1.08 in 2018Q2. It fall, as 49 investors sold TEL shares while 206 reduced holdings. 71 funds opened positions while 150 raised stakes. 302.21 million shares or 0.67% more from 300.20 million shares in 2018Q2 were reported. Pggm Invests stated it has 0.28% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Putnam Invests Llc has 0% invested in TE Connectivity Ltd. (NYSE:TEL). Cap Invsts reported 0.21% in TE Connectivity Ltd. (NYSE:TEL). Tru Department Mb State Bank N A holds 0% in TE Connectivity Ltd. (NYSE:TEL) or 110 shares. Glenmede Trust Commerce Na holds 202,640 shares or 0.07% of its portfolio. Stephens Ar has 28,286 shares for 0.06% of their portfolio. 32,000 are held by Midas. Northern Cap Mngmt Ltd Company stated it has 25,064 shares. Louisiana State Employees Retirement Systems accumulated 20,400 shares. 3,195 are held by Whittier Of Nevada Inc. Everence Cap Mngmt accumulated 0.2% or 11,241 shares. Seabridge Investment Advisors Ltd Liability Com holds 56,263 shares. Acadian Asset Management Ltd Liability owns 1,175 shares or 0% of their US portfolio. Cibc Ww Markets Corporation, a New York-based fund reported 73,917 shares. Putnam Fl Investment Mngmt has 0.03% invested in TE Connectivity Ltd. (NYSE:TEL) for 3,802 shares.

Sumitomo Mitsui Asset Management Company Ltd, which manages about $6.49 billion US Long portfolio, decreased its stake in Redfin Corp by 49,120 shares to 1.77 million shares, valued at $33.12M in 2018Q3, according to the filing. It also reduced its holding in Las Vegas Sands Corp (NYSE:LVS) by 34,482 shares in the quarter, leaving it with 34,307 shares, and cut its stake in Kilroy Rlty Corp (NYSE:KRC).

Dick's Sporting Goods, Inc. (NYSE:DKS) Institutional Positions Chart