Contrarian Ideas: Hedge Funds Sell 15 Stocks With Buy Ratings From UBS

Contrarian Ideas: Hedge Funds Sell 15 Stocks With Buy Ratings From UBS

Research  these Stocks on Kapitall’s Playground Now

 
research now

Do you believe in analyst ratings? While analysts are in no way perfect, their ratings often serve as votes of confidence for investors on the fence about a stock. Then again, so do the actions of institutional investors such as hedge funds. So what are we to think when these two groups are at odds?

Below we list 15 stocks caught in the middle of UBS analysts (they all have buy ratings from this firm) and institutional investors, who have significantly sold off shares in the current quarter.

Both parties use significant resources to back up their investing decisions, so which do you agree with? Use the list below as a starting point for your own analysis.

 

 

1. Amgen Inc. (AMGN, Earnings, Analysts, Financials): Develops, manufactures, and markets human therapeutics based on advances in cellular and molecular biology for grievous illnesses primarily in the United States, Europe, and Canada. Market cap at $65.25B, most recent closing price at $84.65. On 09/10/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -41.4M shares, which represents about 5.38% of the company's float of 769.74M shares.

 

2. Abercrombie & Fitch Co. (ANF, Earnings, Analysts, Financials): Operates as a specialty retailer of casual apparel for men, women, and kids. Market cap at $2.76B, most recent closing price at $33.43. On 05/01/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -4.9M shares, which represents about 6.02% of the company's float of 81.41M shares.

 

3. Avago Technologies Limited (AVGO, Earnings, Analysts, Financials): Engages in the design, development, and supply of analog semiconductor devices worldwide. Market cap at $7.98B, most recent closing price at $32.59. On 08/13/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -14.5M shares, which represents about 5.94% of the company's float of 243.93M shares.

 

4. ConAgra Foods, Inc (CAG, Earnings, Analysts, Financials): Operates as a food company primarily in North America. Market cap at $11.36B, most recent closing price at $27.88. On 09/21/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -30.2M shares, which represents about 7.43% of the company's float of 406.19M shares.

 

5. Comerica Incorporated (CMA, Earnings, Analysts, Financials): Provides various financial products and services in Texas, Arizona, California, Florida, and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Market cap at $6.05B, most recent closing price at $31.25. On 11/08/2011, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -10.9M shares, which represents about 5.68% of the company's float of 191.92M shares.

 

6. Cisco Systems, Inc. (CSCO, Earnings, Analysts, Financials): Designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide. Market cap at $97.09B, most recent closing price at $18.31. On 10/27/2011, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -418.8M shares, which represents about 7.93% of the company's float of 5.28B shares.

 

7. Nordstrom Inc. (JWN, Earnings, Analysts, Financials): A fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. Market cap at $11.11B, most recent closing price at $55.27. On 04/11/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -11.4M shares, which represents about 7.59% of the company's float of 150.18M shares.

 

8. KeyCorp (KEY, Earnings, Analysts, Financials): Operates as a holding company for KeyBank National Association that provides various banking services in the United States. Market cap at $8.1B, most recent closing price at $8.59. On 11/08/2011, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -48.5M shares, which represents about 5.15% of the company's float of 940.91M shares.

 

9. Lincoln National Corp. (LNC, Earnings, Analysts, Financials): Engages in multiple insurance and retirement businesses in the United States. Market cap at $6.86B, most recent closing price at $24.03. On 07/18/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -16.8M shares, which represents about 6.03% of the company's float of 278.41M shares.

 

10. NetApp, Inc. (NTAP, Earnings, Analysts, Financials): Engages in the design, manufacturing, marketing, and technical support of networked storage solutions. Market cap at $10.65B, most recent closing price at $29.31. On 08/07/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -23.9M shares, which represents about 6.62% of the company's float of 360.77M shares.

 

11. NVIDIA Corporation (NVDA, Earnings, Analysts, Financials): Provides visual computing, high performance computing, and mobile computing solutions that generate interactive graphics on various devices ranging from tablets and smart phones to notebooks and workstations. Market cap at $7.85B, most recent closing price at $12.67. On 06/11/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -38.9M shares, which represents about 6.54% of the company's float of 594.96M shares.

 

12. Pioneer Natural Resources Co. (PXD, Earnings, Analysts, Financials): Engages in the exploration and production of oil and gas in the United States, South Africa, and Tunisia. Market cap at $12.62B, most recent closing price at $102.56. On 06/18/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -7.0M shares, which represents about 6.25% of the company's float of 111.94M shares.

 

13. TCF Financial Corporation (TCB, Earnings, Analysts, Financials): Operates as the bank holding company for TCF National Bank that provides various retail and commercial banking products and services in the United States and Canada. Market cap at $1.9B, most recent closing price at $11.64. On 11/08/2011, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -10.2M shares, which represents about 6.97% of the company's float of 146.29M shares.

 

14. Target Corp. (TGT, Earnings, Analysts, Financials): Operates general merchandise stores in the United States. Market cap at $41.04B, most recent closing price at $62.66. On 12/07/2011, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -72.7M shares, which represents about 11.77% of the company's float of 617.72M shares.

 

15. Unum Group (UNM, Earnings, Analysts, Financials): Provides group and individual disability insurance products primarily in the United States and the United Kingdom. Market cap at $5.48B, most recent closing price at $19.55. On 07/18/2012, UBS had a Buy rating on the stock. Net institutional sales in the current quarter at -19.2M shares, which represents about 6.89% of the company's float of 278.78M shares.

Analyst ratings sourced from Reuters, institutional data sourced from Fidelity, all other data sourced from Finviz.

 

Analyze These Ideas: Getting Started

Dig Deeper: Access Company Snapshots, Charts, Filings

New to Kapitall?

1. New to the site? Click here to register for a free account, and gain access to more tools and data
2. Looking for more investing ideas like this? Click here to sign up for your free copy of Kapitall Weekly
3. Follow us on SeekingAlpha, Motley Fool, Nasdaq and Twitter

 

playfor100kwirebanner2png

Leave a Reply

Protected by WP Anti Spam

wirebannerscompetepng