Institutional Investors Lead Shift in Arrow Electronics Inc (NYSE:ARW) Sentiment

May 19, 2017 - By Nellie Frank

 Institutional Investors Lead Shift in Arrow Electronics Inc (NYSE:ARW) Sentiment

Sentiment for Arrow Electronics Inc (NYSE:ARW)

Arrow Electronics Inc (NYSE:ARW) institutional sentiment increased to 0.87 in 2016 Q4. Its up 0.14, from 0.73 in 2016Q3. The ratio is more positive, as 141 investment managers opened new or increased positions, while 162 decreased and sold their stakes in Arrow Electronics Inc. The investment managers in our partner’s database now own: 81.93 million shares, down from 84.19 million shares in 2016Q3. Also, the number of investment managers holding Arrow Electronics Inc in their top 10 positions decreased from 2 to 1 for a decrease of 1. Sold All: 23 Reduced: 139 Increased: 91 New Position: 50.

Arrow Electronics, Inc. is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company has market cap of $6.53 billion. The Firm has a portfolio of product offerings available from various electronic components and enterprise computing solutions suppliers. It has a 12.76 P/E ratio. The Company’s divisions include the global components business; the global enterprise computing solutions business, and corporate business segment.

About 235,346 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has risen 6.00% since April 19, 2017 and is uptrending. It has by 0.00% the S&P500.

Kiltearn Partners Llp holds 4.58% of its portfolio in Arrow Electronics, Inc. for 1.78 million shares. Speece Thorson Capital Group Inc owns 191,066 shares or 3.05% of their US portfolio. Moreover, Gmt Capital Corp has 2.26% invested in the company for 1.52 million shares. The New York-based Euclidean Technologies Management Llc has invested 2.01% in the stock. Delphi Management Inc Ma, a Massachusetts-based fund reported 36,260 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 7 insider sales for $3.37 million activity.

Arrow Electronics, Inc. (NYSE:ARW) Ratings Coverage

Ratings analysis reveals 56% of Arrow Electronics Inc.’s analysts are positive. Out of 9 Wall Street analysts rating Arrow Electronics Inc., 5 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $53 while the high is $72. The stock’s average target of $62.25 is -15.87% below today’s ($73.99) share price. ARW was included in 14 notes of analysts from July 29, 2015. The firm earned “Hold” rating on Tuesday, January 3 by Suntrust Robinson. The stock has “Outperform” rating by CLSA on Thursday, October 29. The company was downgraded on Monday, May 2 by Citigroup. The stock of Arrow Electronics, Inc. (NYSE:ARW) earned “Outperform” rating by Credit Agricole on Thursday, October 29. The firm earned “Buy” rating on Monday, May 9 by Goldman Sachs. The stock of Arrow Electronics, Inc. (NYSE:ARW) earned “Buy” rating by Bank of America on Wednesday, April 27. The firm has “Hold” rating by Zacks given on Monday, August 31. The rating was downgraded by Goldman Sachs on Tuesday, September 20 to “Neutral”. The stock has “Buy” rating by Longbow on Friday, January 22. On Wednesday, July 29 the stock rating was upgraded by Credit Agricole to “Buy”.

More notable recent Arrow Electronics, Inc. (NYSE:ARW) news were published by: Nasdaq.com which released: “Arrow Electronics Inc. Reveals 0% Advance In Q1 Earnings” on May 04, 2017, also Seekingalpha.com with their article: “Arrow Electronics (ARW) Q4 2016 Results – Earnings Call Transcript” published on February 07, 2017, Finance.Yahoo.com published: “Arrow Electronics (ARW) Q1 Earnings: What’s in the Cards?” on May 02, 2017. More interesting news about Arrow Electronics, Inc. (NYSE:ARW) were released by: Finance.Yahoo.com and their article: “Arrow Electronics to Host First-Quarter 2017 Earnings Conference Call” published on April 20, 2017 as well as Businesswire.com‘s news article titled: “Arrow Electronics Teams with VIMOC Technologies to Bring IoT Platform to Smart …” with publication date: May 15, 2017.

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