Cummins INC (CMI) Holding Boosted by Adams Express Company

Elias Hubbard
December 23, 2017

(NYSE:CMI). Cincinnati Casualty invested in 46,000 shares or 6.64% of the stock. AGF Investments America Inc. boosted its position in shares of Cummins by 41.5% during the second quarter. The stock increased 3.37% or $0.925 during the last trading session, reaching $28.385. About 1.09 million shares traded. Raub Brock Capital Mgmt Ltd Partnership reported 109,491 shares. It has outperformed by 19.18% the S&P500.

Green Square Capital Llc decreased Boeing Co Com (BA) stake by 10.81% reported in 2017Q3 SEC filing. Sun Life Financial INC now owns 1,142 shares of the company's stock valued at $185,000 after acquiring an additional 1,129 shares in the last quarter. Cornerstone Advsr accumulated 0.12% or 6,000 shares. Boeing Co Com now has $175.71 billion valuation. After $0.96 actual EPS reported by Macerich Company for the previous quarter, Wall Street now forecasts 18.75% EPS growth. NRG's SI was 21.80M shares in December as released by FINRA. Monsanto Company (NYSE:MON) has risen 15.46% since December 21, 2016 and is uptrending. It has outperformed by 24.43% the S&P500.

Enterprise Bancorp Inc (NASDAQ:EBTC) institutional sentiment increased to 2.88 in 2017 Q3. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.57 and a quick ratio of 1.03. It improved, as 57 investors sold CMI shares while 253 reduced holdings. Bridgeway Capital Management Inc, a Texas-based fund reported 92,100 shares.#img1#. The institutional investors in our partner's database now hold: 2.20 million shares, up from 2.16 million shares in 2017Q2. (NYSE:CMI). Moreover, South Street Limited Liability Co has 1.92% invested in Cummins Inc. United Kingdom-based Lmr Prtnrs Llp has invested 0.08% in Cummins Inc. (NYSE:CMI). Arizona State Retirement System reported 0.12% in Cummins Inc. (NYSE:CMI). Nordea Invest Mgmt stated it has 1.19M shares. Longbow downgraded the shares of CMI in report on Thursday, October 12 to "Neutral" rating. 1St Source Natl Bank holds 3,691 shares or 0.04% of its portfolio. (NYSE:CMI). Stephens Ar has invested 0.02% in Cummins Inc. Lsv Asset Management holds 0.27% or 957,064 shares in its portfolio. Atlantic Securities downgraded the shares of Monday in report on Friday, May 27 to "Neutral" rating. Following the completion of the transaction, the chief operating officer now directly owns 14,131 shares of the company's stock, valued at approximately $2,331,615. 8,756 were reported by First Retail Bank. UBS downgraded Cummins Inc. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the stock. Therefore 25% are positive.

In other Cummins news, COO Richard Joseph Freeland sold 22,550 shares of Cummins stock in a transaction dated Thursday, July 6th. The firm has "Neutral" rating given on Monday, January 25 by Citigroup. ValuEngine upgraded shares of Cummins from a "hold" rating to a "buy" rating in a research report on Friday, June 2nd. More interesting news about Cummins Inc. (NYSE:CMI) earned "Hold" rating by Deutsche Bank on Wednesday, October 28. RBC Capital Markets has "Sector Perform" rating and $98 target.

Shares of Cummins Inc. (NYSE:CMI) rating on Wednesday, October 28. The firm has "Hold" rating given on Wednesday, October 18 by Stifel Nicolaus. Stifel Nicolaus has "Hold" rating and $16000 target. Morgan Stanley downgraded Cummins Inc. On Monday, January 9 the stock rating was upgraded by Barclays Capital to "Equal Weight". The firm has "Buy" rating by Canaccord Genuity given on Tuesday, August 25. Dreman Value Management L L C reported 44 shares. (NYSE:CMI) for 51,444 shares. Ishares Tr (SCZ) was reduced too. NRG Energy, Inc. (NYSE:NRG) has risen 1.42% since December 22, 2016 and is uptrending. (NYSE:MCK) by 23,100 shares to 100,900 shares, valued at $15.50M in 2017Q3, according to the filing. Vanguard Short (VTIP) was raised too. (NYSE:WPC) for 7,198 shares. Therefore 79% are positive. Cummins has a 52-week low of $134.06 and a 52-week high of $181.79. Piper Jaffray has "Overweight" rating and $133 target. Boeing had 83 analyst reports since August 26, 2015 according to SRatingsIntel. They set a "buy" rating and a $180.00 price objective for the company. The stock has "Buy" rating by BMO Capital Markets on Wednesday, October 4. As per Wednesday, October 28, the company rating was maintained by Deutsche Bank.

Cummins Inc designs, manufactures, distributes and services diesel and natural gas engines and engine-related component products. ChangDiaz Franklin R had sold 1,633 shares worth $260,085. With 4.86M avg volume, 5 days are for Nrg Energy Incorporated (NYSE:NRG)'s short sellers to cover NRG's short positions. Verbeck Robert E sold $616,499 worth of stock.

CMI has been the subject of several research analyst reports. CMI's profit will be $431.52 million for 16.70 P/E if the $2.60 EPS becomes a reality.

Investors sentiment increased to 0.95 in Q3 2017. Its down 0.05, from 0.86 in 2017Q2. 165 funds opened positions while 367 raised stakes. Essex Fincl Ser has 4,021 shares for 0.17% of their portfolio. Halsey Ct reported 2,544 shares. Kentucky Retirement has 19,408 shares for 0.04% of their portfolio. Pictet Asset Management Limited holds 0.01% or 62,704 shares. Staley Capital Advisers Inc accumulated 2,430 shares. Creative Planning has 0.02% invested in Cummins Inc. Hikari Power accumulated 64,300 shares or 2.11% of the stock. Wealthfront Incorporated accumulated 22,389 shares. Blackrock stated it has 0.03% in Macerich Company (NYSE:MAC). Insur Communications Tx invested in 129,450 shares or 1.73% of the stock.

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