Polar Securities INC Position in Ametek INC New (AME) Decreased by $6.78 Million as Shares Rose

AMETEK, Inc. (NYSE:AME) LogoInvestors sentiment increased to 1.06 in 2019 Q2. Its up 0.04, from 1.02 in 2019Q1. It increased, as 34 investors sold AME shares while 181 reduced holdings. 68 funds opened positions while 160 raised stakes. 187.74 million shares or 0.39% less from 188.47 million shares in 2019Q1 were reported. Gateway Inv Advisers Ltd Liability Com owns 12,562 shares for 0.01% of their portfolio. Comerica National Bank invested in 48,630 shares or 0.03% of the stock. Broad Run Investment Management invested in 2.11% or 534,773 shares. Bank owns 219,061 shares. Gemmer Asset Limited Liability invested 0% of its portfolio in AMETEK, Inc. (NYSE:AME). Orrstown Financial reported 77 shares stake. Cwm Limited Liability Company reported 67 shares stake. Fincl Bank Of Montreal Can, a Ontario – Canada-based fund reported 281,562 shares. Rodgers Brothers reported 15,299 shares or 0.39% of all its holdings. 1.86 million are held by Glenmede Na. Quebec – Canada-based Hexavest Inc has invested 0% in AMETEK, Inc. (NYSE:AME). Ubs Asset Americas Inc holds 0% of its portfolio in AMETEK, Inc. (NYSE:AME) for 762,862 shares. Bryn Mawr Trust Co owns 4,635 shares. Security National Trust invested in 232 shares. Metropolitan Life Insur Communications Ny holds 35,949 shares.

Polar Securities Inc decreased its stake in Ametek Inc New (AME) by 20.71% based on its latest 2019Q2 regulatory filing with the SEC. Polar Securities Inc sold 75,300 shares as the company’s stock rose 3.76% . The institutional investor held 288,359 shares of the consumer durables company at the end of 2019Q2, valued at $26.20 million, down from 363,659 at the end of the previous reported quarter. Polar Securities Inc who had been investing in Ametek Inc New for a number of months, seems to be less bullish one the $20.72 billion market cap company. The stock increased 1.18% or $1.06 during the last trading session, reaching $90.74. About 407,158 shares traded. AMETEK, Inc. (NYSE:AME) has risen 17.80% since September 13, 2018 and is uptrending. It has outperformed by 17.80% the S&P500.

Polar Securities Inc, which manages about $5.35 billion US Long portfolio, upped its stake in Sprott Physical Gold Trust (PHYS) by 1.70M shares to 3.89M shares, valued at $44.11 million in 2019Q2, according to the filing. It also increased its holding in Agnico Eagle Mines Ltd (Call) (NYSE:AEM) by 151,000 shares in the quarter, for a total of 351,000 shares, and has risen its stake in Spdr S&P 500 Etf Tr (Put) (SPY).

Analysts await AMETEK, Inc. (NYSE:AME) to report earnings on November, 7. They expect $1.01 EPS, up 23.17 % or $0.19 from last year’s $0.82 per share. AME’s profit will be $230.63M for 22.46 P/E if the $1.01 EPS becomes a reality. After $1.05 actual EPS reported by AMETEK, Inc. for the previous quarter, Wall Street now forecasts -3.81 % negative EPS growth.

More notable recent AMETEK, Inc. (NYSE:AME) news were published by: Businesswire.com which released: “NIRI Philadelphia Elects New Board Members – Business Wire” on August 29, 2019, also Streetinsider.com with their article: “Ametek (AME) Acquires Pacific Design Technologies – StreetInsider.com” published on September 04, 2019, Finance.Yahoo.com published: “Should You Like AMETEK, Inc.’s (NYSE:AME) High Return On Capital Employed? – Yahoo Finance” on September 06, 2019. More interesting news about AMETEK, Inc. (NYSE:AME) were released by: Seekingalpha.com and their article: “AMETEK buys Pacific Design for $125M – Seeking Alpha” published on September 04, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is AMETEK, Inc.’s (NYSE:AME) ROE Of 18% Impressive? – Yahoo Finance” with publication date: July 15, 2019.

AMETEK, Inc. (NYSE:AME) Ratings Coverage

Among 2 analysts covering Ametek Inc (NYSE:AME), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ametek Inc has $9700 highest and $8600 lowest target. $91.67’s average target is 1.02% above currents $90.74 stock price. Ametek Inc had 6 analyst reports since March 15, 2019 according to SRatingsIntel. The firm earned “Buy” rating on Friday, March 15 by DA Davidson. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, July 31.

AMETEK, Inc. (NYSE:AME) Institutional Positions Chart

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