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Modine Mfg Co (MOD) Stock Price Declined While Financial Consulate Has Increased Its Position; Michael Kors Hldgs LTD (KORS) Stock Price Declined While Shellback Capital LP Has Decreased Its Position

Michael Kors Holdings Limited (NYSE:KORS) Logo

Financial Consulate Inc increased its stake in Modine Mfg Co (MOD) by 74.75% based on its latest 2018Q3 regulatory filing with the SEC. Financial Consulate Inc bought 96,605 shares as the company’s stock declined 27.71% with the market. The institutional investor held 225,851 shares of the o.e.m. company at the end of 2018Q3, valued at $3.37 million, up from 129,246 at the end of the previous reported quarter. Financial Consulate Inc who had been investing in Modine Mfg Co for a number of months, seems to be bullish on the $637.73 million market cap company. The stock increased 1.70% or $0.21 during the last trading session, reaching $12.58. About 38,772 shares traded. Modine Manufacturing Company (NYSE:MOD) has declined 44.25% since January 14, 2018 and is downtrending. It has underperformed by 44.25% the S&P500. Some Historical MOD News: 21/04/2018 – DJ Modine Manufacturing Company, Inst Holders, 1Q 2018 (MOD); 02/05/2018 – Modine Provides Spring Maintenance Checklist for HVAC Equipment; 23/05/2018 – MODINE MANUFACTURING CO SEES 2019 FULL FISCAL YEAR-OVER-YEAR SALES UP 3 TO 8 PERCENT; 23/05/2018 – MODINE 4Q ADJ EPS 44C, EST. 40C (2 EST.); 23/05/2018 – MODINE MANUFACTURING CO SEES 2019 ADJUSTED EARNINGS PER SHARE OF $1.50 TO $1.65; 23/05/2018 – Modine Mfg 4Q EPS 34c; 30/05/2018 – Modine at Non-Deal Roadshow Hosted By Seaport Today; 05/03/2018 Modine Completes Construction On New Facility In Hungary; 02/04/2018 – Modine’s ElectroFin E-Coat Is Now NSF-51 Standard Certified; 23/05/2018 – Modine Non-Deal Roadshow Scheduled By Seaport for May. 30

Shellback Capital Lp decreased its stake in Michael Kors Hldgs Ltd (KORS) by 8% based on its latest 2018Q3 regulatory filing with the SEC. Shellback Capital Lp sold 40,000 shares as the company’s stock declined 45.98% with the market. The institutional investor held 460,000 shares of the apparel company at the end of 2018Q3, valued at $31.54M, down from 500,000 at the end of the previous reported quarter. Shellback Capital Lp who had been investing in Michael Kors Hldgs Ltd for a number of months, seems to be less bullish one the $5.69B market cap company. The stock increased 1.99% or $0.74 during the last trading session, reaching $37.92. About 2.05M shares traded. Michael Kors Holdings Limited (NYSE:KORS) has declined 33.89% since January 14, 2018 and is downtrending. It has underperformed by 33.89% the S&P500. Some Historical KORS News: 21/05/2018 – WINTON EXITED CF, TILE, KORS, GHL, UMPQ IN 1Q: 13F; 30/05/2018 – Michael Kors Sees FY19 Comparable Sales to be Approximately Flat; 30/05/2018 – MICHAEL KORS HOLDINGS LTD – COMPARABLE SALES FOR MICHAEL KORS ARE EXPECTED TO BE APPROXIMATELY FLAT FOR FISCAL 2019; 30/05/2018 – Michael Kors Tops Estimates, CEO Still Open To Acquisitions — MarketWatch; 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; 14/03/2018 – Astound Commerce Expands to Toronto, Enhances Global Reach and Local Expertise in Canada; 18/04/2018 – CGTN: Exclusive interview: fashion designer Michael Kors “walks” and “talks” in Shanghai #MichaelKors…; 30/05/2018 – Michael Kors Sees 1Q Rev $1.135B; 23/03/2018 – Tapestry picks former Michael Kors exec Anna Bakst as CEO of Kate Spade

Financial Consulate Inc, which manages about $333.98M and $175.85M US Long portfolio, decreased its stake in Spdr Series Trust (ONEK) by 27,019 shares to 42,199 shares, valued at $1.44 million in 2018Q3, according to the filing. It also reduced its holding in Spdr Series Trust (RSCO) by 11,273 shares in the quarter, leaving it with 14,537 shares, and cut its stake in Invesco Exchange Traded Fd T.

Investors sentiment decreased to 1.18 in 2018 Q3. Its down 0.02, from 1.2 in 2018Q2. It turned negative, as 15 investors sold MOD shares while 45 reduced holdings. 24 funds opened positions while 47 raised stakes. 43.16 million shares or 5.40% less from 45.62 million shares in 2018Q2 were reported. Ameriprise Financial holds 550,310 shares. Metropolitan Life Ins Com Ny reported 4,117 shares. Moreover, Paradigm Mgmt New York has 0.83% invested in Modine Manufacturing Company (NYSE:MOD) for 710,200 shares. Invesco Limited has invested 0% in Modine Manufacturing Company (NYSE:MOD). Moreover, Ny State Common Retirement Fund has 0% invested in Modine Manufacturing Company (NYSE:MOD) for 146,223 shares. Snow Cap Lp reported 71,862 shares or 0.05% of all its holdings. Switzerland-based Credit Suisse Ag has invested 0% in Modine Manufacturing Company (NYSE:MOD). Bowling Port Management Ltd Liability, Ohio-based fund reported 86,861 shares. Alps accumulated 52,205 shares. First Mercantile Tru holds 0.03% or 9,068 shares. Barrow Hanley Mewhinney & Strauss Ltd Liability Corporation reported 0% stake. Schwab Charles Mgmt has invested 0.01% in Modine Manufacturing Company (NYSE:MOD). Penn Capital Management holds 0.36% or 314,884 shares in its portfolio. Gsa Cap Ptnrs Ltd Liability Partnership holds 40,081 shares or 0.03% of its portfolio. Employees Retirement Association Of Colorado owns 0% invested in Modine Manufacturing Company (NYSE:MOD) for 16,261 shares.

Since August 21, 2018, it had 0 insider buys, and 1 insider sale for $250,302 activity.

Among 4 analysts covering Modine Manufacturing (NYSE:MOD), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Modine Manufacturing had 8 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, September 5 by Robert W. Baird. As per Thursday, March 24, the company rating was upgraded by Seaport Global. The firm has “Buy” rating given on Friday, May 26 by Robert W. Baird. The rating was downgraded by ValuEngine on Monday, May 29 to “Hold”. Seaport Global maintained Modine Manufacturing Company (NYSE:MOD) on Wednesday, January 31 with “Buy” rating. Gabelli initiated Modine Manufacturing Company (NYSE:MOD) on Tuesday, January 31 with “Buy” rating. The company was downgraded on Tuesday, August 4 by Zacks.

More notable recent Modine Manufacturing Company (NYSE:MOD) news were published by: Zacks.com which released: “Is Modine Manufacturing (MOD) a Great Stock for Value Investors? – Zacks.com” on December 19, 2018, also Wsj.com with their article: “NYSE’s Owner to Launch Bitcoin Firm, Futures Contracts – The Wall Street Journal” published on August 03, 2018, Prnewswire.com published: “KBRwyle Continues to Sustain Remote Diego Garcia Navy Base via $62M Contract Mod – PRNewswire” on January 14, 2019. More interesting news about Modine Manufacturing Company (NYSE:MOD) were released by: Seekingalpha.com and their article: “Modine: This Automotive Components Stock Is A Good Pick At The Current Levels – Seeking Alpha” published on June 01, 2018 as well as Globenewswire.com‘s news article titled: “Analysis: Positioning to Benefit within Big 5 Sporting Goods, Intellia Therapeutics, IDEX, Dolby Laboratories, Quotient Technology, and Modine Manufacturing — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” with publication date: October 10, 2018.

More notable recent Michael Kors Holdings Limited (NYSE:KORS) news were published by: Benzinga.com which released: “Survey: Michael Kors (NYSE:KORS) Still The Preferred Handbag Among Teens – Benzinga” on October 25, 2018, also 247Wallst.com with their article: “How Comparable Sales Are Dragging Michael Kors Way Down – 24/7 Wall St.” published on November 07, 2018, 247Wallst.com published: “What Michael Kors Gets by Acquiring Versace – 24/7 Wall St.” on September 25, 2018. More interesting news about Michael Kors Holdings Limited (NYSE:KORS) were released by: Benzinga.com and their article: “Near-Term Challenges Continue To Weigh On Michael Kors (NYSE:KORS), Oppenheimer Says In Downgrade – Benzinga” published on November 16, 2018 as well as Seekingalpha.com‘s news article titled: “Michael Kors: The Stock Is Cheaper, But Risks Still Remain – Seeking Alpha” with publication date: October 30, 2018.

Investors sentiment increased to 1.02 in 2018 Q3. Its up 0.03, from 0.99 in 2018Q2. It is positive, as 25 investors sold KORS shares while 157 reduced holdings. 85 funds opened positions while 100 raised stakes. 119.38 million shares or 3.27% less from 123.42 million shares in 2018Q2 were reported. De Burlo Grp Incorporated Inc reported 0.5% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS). Decatur accumulated 0.94% or 59,700 shares. 19,710 were accumulated by Calamos Advisors Limited Liability Corporation. Paloma Prtn Management Company holds 0.02% in Michael Kors Holdings Limited (NYSE:KORS) or 17,404 shares. Retirement Of Alabama has invested 0.02% in Michael Kors Holdings Limited (NYSE:KORS). Gsa Cap Ptnrs Limited Liability Partnership holds 0.05% or 12,151 shares. Fmr Llc owns 5.37M shares. Moreover, Trustmark Fincl Bank Trust Department has 0% invested in Michael Kors Holdings Limited (NYSE:KORS) for 620 shares. Glenmede Com Na accumulated 88,461 shares. Renaissance Techs Limited Liability has invested 0.01% in Michael Kors Holdings Limited (NYSE:KORS). Balyasny Asset Mngmt Ltd Liability stated it has 0.07% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS). The New Jersey-based New Jersey Better Educational Savings Tru has invested 0.28% in Michael Kors Holdings Limited (NYSE:KORS). Capstone Invest Advsr Limited Com owns 1,767 shares or 0% of their US portfolio. 125,564 were reported by Chevy Chase Incorporated. Dnb Asset Mngmt As has 0% invested in Michael Kors Holdings Limited (NYSE:KORS) for 16,340 shares.

Among 38 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 14 have Buy rating, 1 Sell and 23 Hold. Therefore 37% are positive. Michael Kors Holdings Ltd had 157 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, August 8 by Cowen & Co. The stock of Michael Kors Holdings Limited (NYSE:KORS) has “Hold” rating given on Monday, June 12 by Canaccord Genuity. The firm has “Hold” rating given on Monday, February 5 by Piper Jaffray. The stock has “Buy” rating by Buckingham Research on Thursday, August 16. Cowen & Co downgraded the stock to “Market Perform” rating in Monday, October 26 report. The rating was maintained by Oppenheimer with “Perform” on Monday, August 10. The rating was maintained by Robert W. Baird with “Neutral” on Thursday, November 8. The rating was upgraded by Oppenheimer to “Outperform” on Tuesday, September 19. The stock of Michael Kors Holdings Limited (NYSE:KORS) earned “Sector Perform” rating by RBC Capital Markets on Thursday, September 10. The rating was maintained by Telsey Advisory Group on Tuesday, November 7 with “Market Perform”.

Since July 20, 2018, it had 0 buys, and 8 sales for $70.97 million activity. 6,676 shares were sold by IDOL JOHN D, worth $435,657. 3,000 shares were sold by McDonough Krista A, worth $127,855 on Thursday, December 6.

Shellback Capital Lp, which manages about $423.03 million and $1.12 billion US Long portfolio, upped its stake in Netflix Inc (NASDAQ:NFLX) by 50,000 shares to 88,573 shares, valued at $33.14 million in 2018Q3, according to the filing. It also increased its holding in V F Corp (NYSE:VFC) by 15,000 shares in the quarter, for a total of 140,000 shares, and has risen its stake in Penn Va Corp New.

Modine Manufacturing Company (NYSE:MOD) Institutional Positions Chart

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