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Thermo Fisher Scientific (NYSE:TMO) Lowered to Hold at Zacks Investment Research

21 April 2018

At the end of 2017Q4, the institutional investor held 2.77M shares of the industrial machinery and components company, valued at $525.83M, up from 2.41 million at the end of the previous reported quarter. Thermo Fisher Scientific Inc now has $86.86B valuation. Ticker's shares touched $218.26 during the last trading session after 0.59% change.Currently Thermo Fisher Scientific uptrending after 33.66% change in last April 20, 2017. Overall, 1.61 Million shares exchanged hands versus its average volume of $1.46 Million. Morgan Stanley lifted their price objective on shares of Thermo Fisher Scientific from $223.00 to $227.00 and gave the stock an overweight rating in a report on Thursday, February 1st. (NYSE:TMO) has risen 33.66% since April 21, 2017 and is uptrending. The stock outperformed the S&P500 by 22.11%.

Dock Street Asset Management Inc increased its stake in Expedia (EXPE) by 15.92% based on its latest 2017Q4 regulatory filing with the SEC. It also reduced Pfizer Inc (NYSE:PFE) stake by 14,884 shares and now owns 62,306 shares. The hedge fund run by Robert Polak held 605,750 shares of the oil & gas production company at the end of 2017Q4, valued at $34.48 million, down from 718,550 at the end of the previous reported quarter. Sol Cap invested in 2,309 shs. Nordea Investment Management AB now owns 1,080,088 shares of the medical research company's stock worth $204,353,000 after acquiring an additional 40,728 shares in the last quarter. About 1.63 million shares traded. Wells Fargo & Company (NYSE:WFC) has declined 7.75% since April 21, 2017 and is downtrending. Moody Bank Trust Division owns 6,508 shares. (NASDAQ:EVBG) to report $-0.39 EPS on May, 7 after the close.They anticipate $0.20 EPS change or 105.26% from last quarter's $-0.19 EPS. TMO's profit will be $973.62M for 22.30 P/E if the $2.42 EPS becomes a reality.

Analysts expect Everbridge, Inc. (NYSE:LUV), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 54% are positive. On Wednesday, October 25 the stock of Thermo Fisher Scientific Inc. The firm has "Buy" rating given on Friday, September 8 by Cowen & Co. Robert W. Baird has "Buy" rating and $222.0 target. The rating was initiated by Evercore on Wednesday, January 3 with "Buy". (NASDAQ:ASCMA) on Thursday, August 11 with "In-Line" rating. The firm has "Hold" rating by Bank of America given on Friday, October 27. The company was maintained on Thursday, July 23 by Mizuho. The company rating was maintained by Barclays Capital on Thursday, February 1. Leerink Swann has "Buy" rating and $187 target. Its stake in Ishares Inc Msci Japn (SCJ) was decreased by 41,460 shares to 645,950 shares valued at $51.54M in 2017Q4, according to the filing. Pioneer Investment Management Inc has risen its stake in Microsemi Corp (NASDAQ:MSCC) and also increased its holding in Bank New York Mellon Corp (NYSE:BK) by 1.23 million shares in the quarter, for a total of 2.36 million shares. (NYSE:TMO) or 6,000 shs on Monday, February 5. Prudential Public Limited invested in 0.03% or 21,516 shares. $107,240 worth of stock was sold by MONTFORD JOHN T on Wednesday, December 13. Chemical Bancorp reported 14,485 shares. The insider CUNNINGHAM WILLIAM H DR bought 3,500 shares worth $196,875. Herrema Gregory J. sold $7.32 million worth of stock.

Investors sentiment decreased to 1.06 in Q4 2017. It improved, as 39 investors sold EQT shares while 88 reduced holdings. Everence Capital reported 9,590 shares stake. State Teachers Retirement Systems has invested 0.04% in EQT Corporation (NYSE:EQT). (NYSE:TMO) for 1,416 shares. Ledyard Bankshares holds 1,220 shares. Intrust National Bank Na holds 3,306 shares. North Star Asset stated it has 31,359 shares or 0.17% of all its holdings. Riverhead Management owns 21,113 shares for 0.17% of their portfolio. Paragon Associates Paragon Associates Ii Joint Venture holds 2.72% of its portfolio in Southwest Airlines Co. Strs Ohio holds 44,100 shares. (NYSE:LUV) for 890 shares. 129.61 million shares or 0.73% less from 130.57 million shares in 2017Q3 were reported. Mitsubishi Ufj Tru & Banking stated it has 317,067 shares or 0.04% of all its holdings. Hite Hedge Asset Ltd Liability accumulated 2.03% or 202,179 shares. Pnc Ser has invested 0.01% in Southwest Airlines Co.

Investors sentiment decreased to 0.91 in Q4 2017. Its up 0.02, from 0.73 in 2017Q3. The ratio dived due to TMO positioning: 43 sold and 410 reduced. 335.65 million shares or 0.74% more from 333.20 million shares in 2017Q3 were reported.

TRADEMARK VIOLATION NOTICE: "Thermo Fisher Scientific (NYSE:TMO) Lowered to Hold at Zacks Investment Research" was reported by Macon Daily and is the property of of Macon Daily. Meeder Asset Management owns 0% invested in Ascent Capital Group, Inc. Following the sale, the chief executive officer now directly owns 334,622 shares in the company, valued at $70,324,159.52. Clearbridge Ltd Liability holds 0.5% of its portfolio in Thermo Fisher Scientific Inc. (NASDAQ:ASCMA). Renaissance Tech Llc invested in 0.01% or 919,200 shares. Citigroup owns 6,248 shares or 0% of their USA portfolio. Another trade for 50,000 shares valued at $9.59M was sold by CASPER MARC N. Graybill Bartz & Assocs Limited owns 16,786 shares for 2.3% of their portfolio. Counselors reported 0.53% in Thermo Fisher Scientific Inc. (NYSE:TMO). Reliant Inv Limited Liability stated it has 2.77% in Thermo Fisher Scientific Inc. This is an increase from Thermo Fisher Scientific's previous quarterly dividend of $0.15. Thermo Fisher Scientific Inc. (NYSE:TMO) for 1,285 shares.

Since December 15, 2017, it had 0 buys, and 8 sales for $37.14 million activity. $1.31 million worth of Thermo Fisher Scientific Inc. Also, SVP Thomas W. Loewald sold 4,049 shares of the firm's stock in a transaction dated Monday, March 6th. (NYSE:TMO). Factory Mutual Insurance Co has 391,700 shares for 0.78% of their portfolio. The positive are 90%. Thermo Fisher Scientific's revenue for the quarter was up 22.1% on a year-over-year basis.

In total 10 analysts cover Thermo Fisher (NYSE:TMO). (NYSE:TMO) earned "Buy" rating by Cleveland on Thursday, July 20. Morgan Stanley lowered their target price on Thermo Fisher Scientific from $228.00 to $216.00 and set an "overweight" rating for the company in a research note on Wednesday. (NYSE:TMO) on Tuesday, May 3 with "Buy" rating. The rating was initiated by Argus Research on Tuesday, October 6 with "Buy". The stock of BlackRock, Inc.