Livforsakringsbolaget Skandia Omsesidigt Has $28,000 Stock Holdings in Stanley Black & Decker, Inc. (NYSE:SWK)

Livforsakringsbolaget Skandia Omsesidigt reduced its stake in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 58.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 352 shares of the industrial products company’s stock after selling 500 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Stanley Black & Decker were worth $28,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new position in Stanley Black & Decker in the 2nd quarter worth $762,000. Park Avenue Securities LLC bought a new stake in shares of Stanley Black & Decker in the third quarter valued at about $343,000. Czech National Bank grew its holdings in shares of Stanley Black & Decker by 7.0% during the third quarter. Czech National Bank now owns 31,363 shares of the industrial products company’s stock worth $3,454,000 after buying an additional 2,040 shares in the last quarter. Atomi Financial Group Inc. raised its position in Stanley Black & Decker by 45.2% in the 3rd quarter. Atomi Financial Group Inc. now owns 3,792 shares of the industrial products company’s stock valued at $418,000 after buying an additional 1,180 shares during the last quarter. Finally, CWM LLC lifted its stake in Stanley Black & Decker by 124.5% in the 3rd quarter. CWM LLC now owns 14,936 shares of the industrial products company’s stock valued at $1,645,000 after acquiring an additional 8,283 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Stanley Black & Decker Stock Performance

Shares of NYSE SWK opened at $86.56 on Friday. Stanley Black & Decker, Inc. has a 12 month low of $77.70 and a 12 month high of $110.88. The stock has a 50 day moving average of $83.97 and a 200-day moving average of $93.47. The company has a current ratio of 1.29, a quick ratio of 0.42 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $13.34 billion, a P/E ratio of -63.18, a P/E/G ratio of 1.90 and a beta of 1.24.

Stanley Black & Decker (NYSE:SWK) last released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.28 by $0.21. Stanley Black & Decker had a negative net margin of 1.33% and a positive return on equity of 6.44%. As a group, equities research analysts predict that Stanley Black & Decker, Inc. will post 4.14 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SWK. UBS Group lowered their price objective on shares of Stanley Black & Decker from $121.00 to $120.00 and set a “buy” rating on the stock in a report on Friday. Robert W. Baird cut their price target on shares of Stanley Black & Decker from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. Morgan Stanley decreased their price objective on Stanley Black & Decker from $107.00 to $98.00 and set an “equal weight” rating for the company in a report on Wednesday, October 30th. Barclays reduced their price target on Stanley Black & Decker from $100.00 to $94.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 8th. Finally, Citigroup lowered their price target on Stanley Black & Decker from $135.00 to $118.00 and set a “buy” rating on the stock in a research report on Thursday. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $103.00.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc engages in the provision of power and hand tools, and related accessories, products, services and equipment for oil and gas, infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions, and mechanical access solutions. It operates through the Tools and Storage segment, and Industrial segment.