Toro Co (NYSE:TTC) Sentiment Worsened, Despite

Lloyd Doyle
August 28, 2017

Toro now has $6.65B valuation. The stock decreased 2.19% or $1.38 on August 25, reaching $61.59. It has outperformed by 43.41% the S&P500. Seaport Global Securities cut shares of Toro Company (The) from a buy rating to a neutral rating and set a $67.00 price target on the stock.in a research note on Friday. Therefore 33% are positive. The company presently has an average rating of "Hold" and an average target price of $63.75. The original version of this piece of content can be accessed at https://www.truebluetribune.com/2017/08/28/seaport-global-securities-brokers-lower-earnings-estimates-for-toro-company-the-ttc.html. The firm has "Buy" rating by Susquehanna given on Tuesday, June 6. Stifel Nicolaus maintained the shares of MMM in report on Wednesday, July 19 with "Hold" rating. Corporate insiders own 5.69% of the company's stock. Redetzke Darren L sold 8,000 shares worth $568,000. SIMONCIC RICHARD J sold $226,739 worth of stock. Dordell Timothy P had sold 64,000 shares worth $3.87M.

Investors sentiment decreased to 0.84 in 2016 Q4. Its up 0.18, from 0.84 in 2016Q3. 100 funds opened positions while 464 raised stakes. The hedge funds in our partner's database now possess: 81.92 million shares, down from 161.94 million shares in 2016Q3. Old Mutual Invsts (Uk) invested in 106,593 shares or 0.1% of the stock. Mackenzie reported 7,530 shares stake. Alps Advsr reported 3,369 shares. The dividend was $0.175 per share for the quarter or $0.70 annualized. Everpoint Asset Mgmt Limited Liability Corp holds 0.14% or 115,000 shares. Manatuck Hill Partners Llc owns 87,795 shares or 0.41% of their U.S. portfolio. Asset Mgmt Incorporated holds 58,577 shares. Earnest Partners Ltd Liability Corporation invested in 0% or 85 shares. Sg Americas Secs Ltd Liability Co holds 0% or 6,538 shares in its portfolio. (NASDAQ:MCHP) for 303,376 shares. Teachers Retirement Sys Of The State Of Kentucky reported 0.02% stake. The Beta for the company stands at 0.59 and its Average True Range (ATR) shows a value of 1.55. Voya Inv Mngmt Ltd Liability Company invested 0.02% in Microchip Technology Inc. The stock decreased 0.07% or $0.06 on August 25, reaching $82.63. About shares traded. Microchip Technology Inc.

Displaying a price of $61.59, Toro (NYSE:TTC) traded -2.25% lower on the day. It has outperformed by 9.78% the S&P500. The market capitalization of the company is at $6.68 Billion. The Company operates through three segments: Professional, Residential and Distribution.

Toro Company (The) (TTC) now has P/E (Price to Earnings) ratio of 30.55 while the company's industry has 25.24 P/E and the sector P/E is 23.16. In the semiconductor products segment, the Company designs, develops, makes and markets microcontrollers, development tools and analog, interface, mixed signal and timing products.


Dougherty & Company has downgraded Toro (NYSE:TTC) from Buy to Neutral in a statement released on 8/25/2017. Toro had 10 analyst reports since December 4, 2015 according to SRatingsIntel. Seaport Global downgraded Toro Co (NYSE:TTC) rating on Friday, August 25. Longbow Research raised shares of Toro Company (The) from an "underperform" rating to a "neutral" rating in a research note on Monday, May 22nd. Seaport Global initiated Toro Co (NYSE:TTC) rating on Tuesday, May 24. The Group VP, Res & Cont now owns $13,261,336 of the stock per the Form 4 SEC filing. The rating was initiated by Dougherty & Company on Friday, November 4 with "Buy". Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. The stock of Toro Co (NYSE:TTC) earned "Buy" rating by Cleveland on Friday, March 31. As per Friday, June 10, the company rating was downgraded by Sidoti. The company was upgraded on Monday, May 22 by Longbow.

Since March 7, 2017, it had 0 insider buys, and 6 insider sales for $5.35 million activity. HOFFMAN MICHAEL J had sold 143,577 shares worth $8.99 million. Insiders have sold a total of 72,872 shares of company stock valued at $5,119,937 in the last ninety days.

The following firms have also recently changed their position in TTC. 8,200 shares were sold by Grams Blake M, worth $495,272 on Monday, February 27. COOPER JANET KATHERINE had sold 3,300 shares worth $202,950 on Friday, March 24. Also, Director Christopher A. Twomey sold 15,108 shares of the company's stock in a transaction dated Wednesday, June 14th. Williams Cos Inc (NYSE:WMB) was reduced too.

Investors sentiment increased to 1.02 in 2016 Q4. Its up 0.08, from 0.78 in 2016Q3. It dropped, as 21 investors sold TTC shares while 138 reduced holdings. Northern stated it has 894,261 shares or 0.02% of all its holdings. The Pennsylvania-based Irving Magee Investment Management has invested 2.42% in the stock. Prelude Capital Mngmt Limited Co invested 0% of its portfolio in Toro Co (NYSE:TTC). Sg Americas Securities Ltd Liability Corp reported 0% of its portfolio in Toro Co (NYSE:TTC). Georgia-based Invesco Limited has invested 0.02% in Toro Co (NYSE:TTC).

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