As Lear Corp (LEA) Valuation Declined, Holder Origin Asset Management Llp Has Decreased Its Holding

Lear Corporation (NYSE:LEA) LogoInvestors sentiment increased to 1.09 in 2018 Q2. Its up 0.16, from 0.93 in 2018Q1. It improved, as 32 investors sold LEA shares while 164 reduced holdings. 53 funds opened positions while 160 raised stakes. 55.58 million shares or 0.21% less from 55.69 million shares in 2018Q1 were reported. Fmr Ltd Liability Com holds 1.60 million shares or 0.04% of its portfolio. Paradigm Asset Management Ltd Liability Corp holds 0% in Lear Corporation (NYSE:LEA) or 14,900 shares. Arkansas-based Ifrah Svcs has invested 0.38% in Lear Corporation (NYSE:LEA). 78,110 are held by Zurcher Kantonalbank (Zurich Cantonalbank). 6,000 were reported by State Teachers Retirement System. Robeco Institutional Asset Mgmt Bv accumulated 356,122 shares or 0.31% of the stock. Credit Suisse Ag stated it has 0.04% of its portfolio in Lear Corporation (NYSE:LEA). Parallax Volatility Advisers Lp has 0% invested in Lear Corporation (NYSE:LEA). Grantham Mayo Van Otterloo Limited Liability Corp reported 58,609 shares. Investec Asset Management North America holds 0.17% or 12,968 shares in its portfolio. Regal Investment Advisors Ltd Co invested in 8,394 shares. Morgan Stanley reported 228,398 shares. First Republic Inv Management Inc holds 2,615 shares. Kings Point owns 100 shares. Signaturefd Lc accumulated 245 shares.

Since September 10, 2018, it had 0 insider purchases, and 2 insider sales for $119,156 activity. On Monday, September 10 MALLETT CONRAD L JR sold $12,538 worth of Lear Corporation (NYSE:LEA) or 79 shares.

Origin Asset Management Llp decreased its stake in Lear Corp (LEA) by 13.16% based on its latest 2018Q2 regulatory filing with the SEC. Origin Asset Management Llp sold 27,410 shares as the company’s stock declined 21.60% while stock markets rallied. The institutional investor held 180,807 shares of the o.e.m. company at the end of 2018Q2, valued at $33.60M, down from 208,217 at the end of the previous reported quarter. Origin Asset Management Llp who had been investing in Lear Corp for a number of months, seems to be less bullish one the $8.19 billion market cap company. The stock decreased 3.98% or $5.28 during the last trading session, reaching $127.54. About 559,301 shares traded. Lear Corporation (NYSE:LEA) has risen 1.54% since December 8, 2017 and is uptrending. It has underperformed by 14.08% the S&P500.

Origin Asset Management Llp, which manages about $2.70 billion and $1.41 billion US Long portfolio, upped its stake in Lgi Homes Inc (NASDAQ:LGIH) by 136,400 shares to 142,498 shares, valued at $8.23 million in 2018Q2, according to the filing. It also increased its holding in D R Horton Inc (NYSE:DHI) by 144,200 shares in the quarter, for a total of 302,100 shares, and has risen its stake in Cbre Group Inc (NYSE:CBG).

Analysts await Lear Corporation (NYSE:LEA) to report earnings on January, 25. They expect $4.01 earnings per share, down 8.45 % or $0.37 from last year’s $4.38 per share. LEA’s profit will be $257.35M for 7.95 P/E if the $4.01 EPS becomes a reality. After $4.09 actual earnings per share reported by Lear Corporation for the previous quarter, Wall Street now forecasts -1.96 % negative EPS growth.

More important recent Lear Corporation (NYSE:LEA) news were published by: Seekingalpha.com which released: “Auto suppliers PTs cut at Morgan Stanley – Seeking Alpha” on November 14, 2018, also Seekingalpha.com published article titled: “Lear: Enjoy The Smooth Ride – Seeking Alpha”, Streetinsider.com published: “Paulson’s 13F Shows New Stake in Nielsen (NLSN), Dun & Bradstreet (DNB), Exits Comcast (CMCSA) (More…) – StreetInsider.com” on November 14, 2018. More interesting news about Lear Corporation (NYSE:LEA) was released by: Seekingalpha.com and their article: “Don’t Be Leery: Profits Ahead For Lear – Seeking Alpha” with publication date: October 18, 2018.

Lear Corporation (NYSE:LEA) Ratings Coverage

Among 6 analysts covering Lear Corp (NYSE:LEA), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Lear Corp had 9 analyst reports since June 25, 2018 according to SRatingsIntel. As per Friday, July 27, the company rating was maintained by JP Morgan. On Tuesday, July 31 the stock rating was upgraded by Morgan Stanley to “Overweight”. Robert W. Baird maintained the shares of LEA in report on Monday, June 25 with “Buy” rating. The rating was maintained by Morgan Stanley on Wednesday, November 14 with “Overweight”. The firm earned “Buy” rating on Monday, July 30 by Citigroup. On Friday, October 12 the stock rating was maintained by Citigroup with “Buy”. The firm earned “Neutral” rating on Wednesday, September 19 by Buckingham Research. Goldman Sachs upgraded Lear Corporation (NYSE:LEA) rating on Thursday, October 11. Goldman Sachs has “Buy” rating and $195 target. Buckingham Research maintained the stock with “Neutral” rating in Friday, October 26 report.

Lear Corporation (NYSE:LEA) Institutional Positions Chart

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