As Michael Kors Holdings LTD (KORS) Shares Rose, Grimes & Company Has Trimmed Its Stake by $3.68 Million; Rogers Communications (RCI) Holder Toron Capital Markets Increased Position by $3.35 Million



July 13, 2018 – By Richard Slagle

Rogers Communications Inc. (NYSE:RCI) Logo

Toron Capital Markets Inc increased its stake in Rogers Communications Inc (RCI) by 7.46% based on its latest 2018Q1 regulatory filing with the SEC. Toron Capital Markets Inc bought 76,030 shares as the company’s stock rose 2.95% while stock markets declined. The institutional investor held 1.10M shares of the consumer services company at the end of 2018Q1, valued at $48.91M, up from 1.02 million at the end of the previous reported quarter. Toron Capital Markets Inc who had been investing in Rogers Communications Inc for a number of months, seems to be bullish on the $26.10B market cap company. The stock increased 0.46% or $0.23 during the last trading session, reaching $50.05. About 516,665 shares traded or 35.18% up from the average. Rogers Communications Inc. (NYSE:RCI) has risen 2.36% since July 13, 2017 and is uptrending. It has underperformed by 10.21% the S&P500. Some Historical RCI News: 19/04/2018 – ROGERS COMMUNICATIONS 1Q ADJ EPS C$0.93, EST. C$0.74; 08/03/2018 Rogers Communications Inc. Files Annual Financial Statements and Report to Shareholders; 22/03/2018 – Research Report Identifies Westinghouse Air Brake Technologies, National Western Life Group, Impinj, Ingles Markets, RCI Hospit; 03/04/2018 – Rogers Communications Volume Rises More Than Triple Average; 08/05/2018 – RCI Adds to Affiliate Advertising Program to Bolster an Already Robust Array of Options; 13/04/2018 – REG-RCI Banque : PLACEMENT OF A 722.8 MILLION EURO SECURITIZATION BACKED BY FRENCH AUTO LOANS; 27/03/2018 – REG-RCI Banque : Fourth supplement to the EMTN base prospectus 2017; 13/03/2018 – Rogers Communications 1Q18 Investment Community Teleconference April 19, 2018 at 4:30 p.m. ET; 17/04/2018 – FDA: Teleflex Medical Europe Ltd- Teleflex MEDICAL HUDSON RCI(R) One Way Valve w. Capped Monitoring Port, REF 1644, QTY 50; 19/04/2018 – Rogers Communications’ quarterly profit rises 37 pct

Grimes & Company Inc decreased its stake in Michael Kors Holdings Ltd. (KORS) by 94.54% based on its latest 2018Q1 regulatory filing with the SEC. Grimes & Company Inc sold 59,427 shares as the company’s stock rose 5.76% while stock markets declined. The institutional investor held 3,430 shares of the apparel company at the end of 2018Q1, valued at $213,000, down from 62,857 at the end of the previous reported quarter. Grimes & Company Inc who had been investing in Michael Kors Holdings Ltd. for a number of months, seems to be less bullish one the $10.00 billion market cap company. The stock increased 0.30% or $0.2 during the last trading session, reaching $66.64. About 421,079 shares traded. Michael Kors Holdings Limited (NYSE:KORS) has risen 87.39% since July 13, 2017 and is uptrending. It has outperformed by 74.82% the S&P500. Some Historical KORS News: 29/05/2018 – Michael Kors Holdings Limited Announces Participation at the Baird 2018 Global Consumer, Technology & Services Conference; 30/05/2018 – MICHAEL KORS HOLDINGS LTD KORS.N FY2019 REV VIEW $5.00 BLN — THOMSON REUTERS l/B/E/S; 30/05/2018 – Michael Kors Sees 1Q Rev $1.135B; 13/04/2018 – Antipodes Adds Range Resources, Exits Michael Kors: 13F; 30/05/2018 – Michael Kors Slides Most in Almost 16 Months as Home Market Lags; 30/05/2018 – Disappointing outlook takes shine off Michael Kors results; 02/04/2018 – Kors Signs Pro Golfer Charl Schwartzel as First Golf Brand Ambassador; 29/05/2018 – Michael Kors Presenting at Conference Jun 5; 13/03/2018 – MICHAEL KORS HOLDINGS LTD KORS.N : CREDIT SUISSE INITIATES WITH OUTPERFORM, $75 TARGET PRICE; 18/04/2018 – CGTN: Exclusive interview: fashion designer Michael Kors “walks” and “talks” in Shanghai #MichaelKors…

Since February 13, 2018, it had 0 insider purchases, and 10 selling transactions for $66.15 million activity. Shares for $255,752 were sold by Benedetto M William. Kors Michael David sold $15.12 million worth of Michael Kors Holdings Limited (NYSE:KORS) on Friday, March 2. The insider McDonough Krista A sold $794,557. Shares for $406,065 were sold by Reitman Stephen F on Tuesday, February 13. $387,647 worth of stock was sold by Robinson Cathy Marie on Monday, June 4.

Among 37 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 13 have Buy rating, 2 Sell and 22 Hold. Therefore 35% are positive. Michael Kors Holdings Ltd had 138 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley downgraded Michael Kors Holdings Limited (NYSE:KORS) on Monday, November 14 to “Equal-Weight” rating. The stock of Michael Kors Holdings Limited (NYSE:KORS) has “Buy” rating given on Wednesday, February 7 by Jefferies. The company was maintained on Thursday, May 31 by Deutsche Bank. As per Tuesday, December 5, the company rating was reinitiated by Goldman Sachs. The stock has “Buy” rating by Deutsche Bank on Monday, April 23. Deutsche Bank maintained it with “Hold” rating and $56 target in Wednesday, November 8 report. The stock has “Neutral” rating by Mizuho on Tuesday, February 7. The firm has “Hold” rating by Piper Jaffray given on Tuesday, August 8. The stock has “Neutral” rating by Buckingham Research on Friday, October 6. Canaccord Genuity maintained Michael Kors Holdings Limited (NYSE:KORS) rating on Monday, June 12. Canaccord Genuity has “Hold” rating and $3300 target.

Analysts await Michael Kors Holdings Limited (NYSE:KORS) to report earnings on August, 14. They expect $0.94 earnings per share, up 17.50% or $0.14 from last year’s $0.8 per share. KORS’s profit will be $141.03 million for 17.72 P/E if the $0.94 EPS becomes a reality. After $0.63 actual earnings per share reported by Michael Kors Holdings Limited for the previous quarter, Wall Street now forecasts 49.21% EPS growth.

Investors sentiment decreased to 1.1 in Q1 2018. Its down 0.34, from 1.44 in 2017Q4. It fall, as 36 investors sold KORS shares while 132 reduced holdings. 58 funds opened positions while 126 raised stakes. 116.43 million shares or 3.07% less from 120.12 million shares in 2017Q4 were reported. Qs Investors Limited Liability Company owns 79,895 shares. Cadence Mgmt Ltd Liability Com stated it has 30,099 shares. Spark Management Llc holds 0.43% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS) for 109,200 shares. Lsv Asset Mgmt owns 0.07% invested in Michael Kors Holdings Limited (NYSE:KORS) for 741,450 shares. Meeder Asset Management accumulated 45,943 shares. Walleye Trading Ltd Liability holds 0.01% or 28,746 shares in its portfolio. Pinebridge LP accumulated 15,469 shares or 0.02% of the stock. Fjarde Ap has 42,220 shares for 0.04% of their portfolio. Ontario Teachers Pension Plan Board accumulated 0.07% or 76,300 shares. Dimensional Fund Advsrs Limited Partnership reported 0.03% stake. Toronto Dominion Bancorporation reported 81,977 shares. Amp Capital Limited has invested 0.09% in Michael Kors Holdings Limited (NYSE:KORS). Millennium Mngmt Ltd Liability Com holds 0.05% or 648,587 shares in its portfolio. Zeke Advsr Limited Liability Company owns 0.02% invested in Michael Kors Holdings Limited (NYSE:KORS) for 3,935 shares. Sei Invs invested in 128,331 shares.

More news for Michael Kors Holdings Limited (NYSE:KORS) were recently published by: Investorplace.comwhich released: “Trade of the Day: Michael Kors Stock Is Ripe for the Picking” on July 12, 2018. Benzinga.com‘s article titled: “Barron’s Picks And Pans: Michael Kors, Royal Caribbean, Toll Brothers And More” and published on July 09, 2018 is yet another important article.

Grimes & Company Inc, which manages about $1.63B and $1.03 billion US Long portfolio, upped its stake in Eaton by 8,263 shares to 11,572 shares, valued at $925,000 in 2018Q1, according to the filing. It also increased its holding in Wells Fargo & Company (NYSE:WFC) by 19,732 shares in the quarter, for a total of 34,752 shares, and has risen its stake in Vanguard Emerging Markets Stoc (VWO).

More important recent Rogers Communications Inc. (NYSE:RCI) news were published by: Fool.ca which released: “Exploit the Seasonal Opportunity With These 5 Telecom Stocks” on June 28, 2018, also Bizjournals.com published article titled: “2018 Fast Track: A personal touch spurs growth and success for SenderoCloud”, Fool.ca published: “Young Investors: 3 Dividend Stocks for Your RRSP” on July 10, 2018. More interesting news about Rogers Communications Inc. (NYSE:RCI) was released by: Prnewswire.com and their article: “Rogers Communications 2Q18 Investment Community Teleconference July 19, 2018 at 8:00 am ET” with publication date: June 14, 2018.

Investors sentiment increased to 1.14 in 2018 Q1. Its up 0.18, from 0.96 in 2017Q4. It is positive, as 20 investors sold RCI shares while 72 reduced holdings. 24 funds opened positions while 81 raised stakes. 246.28 million shares or 4.27% more from 236.19 million shares in 2017Q4 were reported. Us Bancshares De invested 0% in Rogers Communications Inc. (NYSE:RCI). Voya Invest Management Limited Liability Company has invested 0% of its portfolio in Rogers Communications Inc. (NYSE:RCI). Wellington Gru Limited Liability Partnership owns 67,107 shares. Invesco Ltd owns 1.14M shares or 0.02% of their US portfolio. Clark Mngmt Gp Incorporated stated it has 0.33% in Rogers Communications Inc. (NYSE:RCI). Moreover, Prudential Public Limited Liability Com has 0% invested in Rogers Communications Inc. (NYSE:RCI). Ontario – Canada-based Highstreet Asset Incorporated has invested 0.06% in Rogers Communications Inc. (NYSE:RCI). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 78,240 shares. Wetherby Asset owns 4,751 shares for 0.03% of their portfolio. Barclays Public Limited accumulated 148,695 shares or 0.01% of the stock. Andra Ap reported 0.15% in Rogers Communications Inc. (NYSE:RCI). Uss Inv reported 2.80 million shares. Glenmede Trust Na invested in 10,858 shares. Moreover, Yorktown Mngmt & has 0.1% invested in Rogers Communications Inc. (NYSE:RCI) for 7,300 shares. Blue Chip Prns stated it has 2,529 shares.

Michael Kors Holdings Limited (NYSE:KORS) Ratings Chart

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