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As Thermon Group Hldgs (THR) Valuation Declined, Wcm Investment Management Has Upped Its Stake; Sustainable Growth Advisers LP Has Increased Its Position in Infosys LTD (INFY) by $29.49 Million as Share Value Declined

Infosys Limited (NYSE:INFY) Logo

Wcm Investment Management increased its stake in Thermon Group Hldgs Inc (THR) by 5.06% based on its latest 2018Q3 regulatory filing with the SEC. Wcm Investment Management bought 13,740 shares as the company’s stock declined 15.15% with the market. The institutional investor held 285,531 shares of the energy company at the end of 2018Q3, valued at $7.36 million, up from 271,791 at the end of the previous reported quarter. Wcm Investment Management who had been investing in Thermon Group Hldgs Inc for a number of months, seems to be bullish on the $731.76M market cap company. The stock decreased 1.10% or $0.25 during the last trading session, reaching $22.45. About 6,873 shares traded. Thermon Group Holdings, Inc. (NYSE:THR) has declined 5.70% since January 14, 2018 and is downtrending. It has underperformed by 5.70% the S&P500. Some Historical THR News: 30/04/2018 – Thermon Closes Below 50-Day Moving Average: Technicals; 24/05/2018 – THERMON GROUP HOLDINGS SAYS QTRLY ADJ SHR $0.34 – SEC FILING; 03/04/2018 – New Research: Key Drivers of Growth for UNITIL, EMCORE, Thermon Group, John B. Sanfilippo & Son, Hyster-Yale Materials Handling; 22/03/2018 – Thermon: With Dalgetty’s Appointment, Board Will Be Comprised of 9 Directors; 21/04/2018 – DJ Thermon Group Holdings Inc, Inst Holders, 1Q 2018 (THR); 22/03/2018 Thermon Appoints Linda Dalgetty to Its Board of Directors; 22/03/2018 – THERMON GROUP HOLDINGS INC – FOLLOWING DALGETTY’S APPOINTMENT, THERMON’S BOARD WILL BE COMPRISED OF 9 DIRECTORS; 24/05/2018 – THERMON GROUP HOLDINGS – EXPECT THERMON HEATING SYSTEMS REVENUE CONTRIBUTION FROM $85.0 MLN TO $90.0 MLN FOR FISCAL 2019; 24/05/2018 – THERMON GROUP HOLDINGS – SEES TOTAL REVENUE FOR COMBINED BUSINESS TO REACH $360 MLN – $370 MLN FOR FISCAL 2019

Sustainable Growth Advisers Lp increased its stake in Infosys Ltd (INFY) by 36.11% based on its latest 2018Q3 regulatory filing with the SEC. Sustainable Growth Advisers Lp bought 2.95M shares as the company’s stock declined 7.54% with the market. The institutional investor held 11.12M shares of the edp services company at the end of 2018Q3, valued at $113.05M, up from 8.17M at the end of the previous reported quarter. Sustainable Growth Advisers Lp who had been investing in Infosys Ltd for a number of months, seems to be bullish on the $42.22 billion market cap company. The stock decreased 0.72% or $0.07 during the last trading session, reaching $10.34. About 13.26M shares traded or 28.95% up from the average. Infosys Limited (NYSE:INFY) has risen 22.14% since January 14, 2018 and is uptrending. It has outperformed by 22.14% the S&P500. Some Historical INFY News: 18/04/2018 – INFOSYS – NEWS CLARIFICATION; 10/04/2018 – Calix and Infosys Enter Strategic Co-Creation Partnership to Accelerate Time-to-Market for New Capabilities on AXOS Platform; 13/04/2018 – INFOSYS LTD- INFY.NS – SEES FY 19 OPERATING MARGIN RANGE AT 22 PCT- 24 PCT; 13/04/2018 – INDIA’S INFOSYS’ EXEC SAYS SIZE OF OVERALL DIGITAL DEALS IS IMPROVING; 30/05/2018 – INFOSYS LTD INFY.NS – COMPLETES ACQUISITION OF WONGDOODY; 15/04/2018 – Business Std.in: Right execution of strategy to decide Infosys chief Salil Parekh’s future; 13/04/2018 – INFOSYS LTD INFY.NS – APPOINTS KIRAN MAZUMDAR SHAW AS LEAD INDEPENDENT DIRECTOR OF BOARD; 13/04/2018 – INDIA’S INFOSYS’ EXEC SAYS CO EXPLORING POTENTIAL BUYERS FOR SUBSIDIARIES INCLUDING SKAVA AND PANAYA; 10/04/2018 – Calix and Infosys Enter Strategic Co-Creation Partnership to Accelerate Time to Market for New Capabilities on AXOS Platform; 13/04/2018 – Infosys January-March Net Profit INR36.90 Bln, Up 2.4% on Year

Wcm Investment Management, which manages about $11.16B US Long portfolio, decreased its stake in Us Ecology Inc (NASDAQ:ECOL) by 9,293 shares to 54,323 shares, valued at $4.01 million in 2018Q3, according to the filing. It also reduced its holding in Hff Inc (NYSE:HF) by 19,802 shares in the quarter, leaving it with 124,061 shares, and cut its stake in Pagseguro Digital Ltd.

Among 7 analysts covering Thermon Group Holdings (NYSE:THR), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Thermon Group Holdings had 28 analyst reports since September 18, 2015 according to SRatingsIntel. On Thursday, November 1 the stock rating was upgraded by SunTrust to “Buy”. The firm has “Buy” rating by Jefferies given on Thursday, October 5. The stock of Thermon Group Holdings, Inc. (NYSE:THR) earned “Market Perform” rating by William Blair on Friday, October 30. The firm has “Neutral” rating given on Tuesday, November 3 by Suntrust Robinson. Johnson Rice upgraded the shares of THR in report on Thursday, April 26 to “Buy” rating. On Friday, February 9 the stock rating was maintained by SunTrust with “Hold”. The firm has “Buy” rating given on Sunday, November 26 by BMO Capital Markets. The company was initiated on Tuesday, April 5 by BMO Capital Markets. BMO Capital Markets maintained Thermon Group Holdings, Inc. (NYSE:THR) on Friday, November 2 with “Outperform” rating. The stock of Thermon Group Holdings, Inc. (NYSE:THR) has “Outperform” rating given on Wednesday, November 29 by William Blair.

Investors sentiment increased to 1.35 in 2018 Q3. Its up 0.25, from 1.1 in 2018Q2. It increased, as 7 investors sold THR shares while 30 reduced holdings. 21 funds opened positions while 29 raised stakes. 30.87 million shares or 2.34% less from 31.61 million shares in 2018Q2 were reported. Advisory Services Networks Lc holds 0% of its portfolio in Thermon Group Holdings, Inc. (NYSE:THR) for 1,120 shares. D E Shaw & Communications has invested 0% in Thermon Group Holdings, Inc. (NYSE:THR). Driehaus Mgmt Limited Liability Co invested 0.08% in Thermon Group Holdings, Inc. (NYSE:THR). Van Berkom And accumulated 2.50M shares or 1.83% of the stock. State Of New Jersey Common Pension Fund D reported 50,000 shares. California State Teachers Retirement has invested 0% of its portfolio in Thermon Group Holdings, Inc. (NYSE:THR). Bank Of Montreal Can stated it has 2,031 shares. Price T Rowe Assocs Md holds 4.23 million shares or 0.02% of its portfolio. 216,534 were accumulated by Ajo L P. Parametric Portfolio Associates Lc reported 0% in Thermon Group Holdings, Inc. (NYSE:THR). Moreover, Wells Fargo Com Mn has 0% invested in Thermon Group Holdings, Inc. (NYSE:THR). Moreover, State Street has 0% invested in Thermon Group Holdings, Inc. (NYSE:THR) for 632,916 shares. Financial Bank Of Mellon Corp holds 135,765 shares. Cwm Ltd Liability Corporation owns 23 shares. Millennium Management Ltd Company, New York-based fund reported 121,384 shares.

Thermon Group Holdings, Inc. (NYSE:THR) Institutional Positions Chart

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