Loop Capital Covers ARRIS International (ARRS) with $35 Target; Pointstate Capital LP Trimmed Praxair (PX) Position By $13.95 Million

Among 13 analysts covering Arris Group Inc. (NASDAQ:ARRS), 10 have Buy rating, 1 Sell and 2 Hold. Therefore 77% are positive. Arris Group Inc. has $42 highest and $25.0 lowest target. $34.91’s average target is 39.42% above currents $25.04 stock price. Arris Group Inc. had 38 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of ARRIS International plc (NASDAQ:ARRS) earned “Buy” rating by Jefferies on Thursday, September 14. The stock of ARRIS International plc (NASDAQ:ARRS) has “Buy” rating given on Thursday, October 26 by Needham. Barclays Capital maintained the shares of ARRS in report on Thursday, February 18 with “Overweight” rating. The firm has “Hold” rating by Northland Capital given on Thursday, November 2. The firm has “Buy” rating given on Tuesday, March 14 by Goldman Sachs. The company was maintained on Thursday, July 30 by RBC Capital Markets. On Tuesday, September 20 the stock rating was initiated by Morgan Stanley with “Overweight”. Jefferies maintained the shares of ARRS in report on Friday, July 29 with “Buy” rating. The stock of ARRIS International plc (NASDAQ:ARRS) earned “Buy” rating by Needham on Thursday, October 29. The stock of ARRIS International plc (NASDAQ:ARRS) has “Hold” rating given on Thursday, August 3 by Northland Capital.

Pointstate Capital Lp decreased Praxair Inc (PX) stake by 17.4% reported in 2017Q3 SEC filing. Pointstate Capital Lp sold 100,385 shares as Praxair Inc (PX)’s stock rose 10.06%. The Pointstate Capital Lp holds 476,615 shares with $66.60M value, down from 577,000 last quarter. Praxair Inc now has $46.62 billion valuation. The stock decreased 1.73% or $2.86 during the last trading session, reaching $162.83. About 2.98M shares traded or 62.41% up from the average. Praxair, Inc. (NYSE:PX) has risen 17.42% since January 30, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Among 23 analysts covering Praxair (NYSE:PX), 12 have Buy rating, 3 Sell and 8 Hold. Therefore 52% are positive. Praxair had 49 analyst reports since August 12, 2015 according to SRatingsIntel. The company was initiated on Tuesday, September 13 by Morgan Stanley. The stock has “Neutral” rating by UBS on Wednesday, November 18. The stock of Praxair, Inc. (NYSE:PX) has “Neutral” rating given on Monday, April 18 by Citigroup. The stock of Praxair, Inc. (NYSE:PX) has “Buy” rating given on Tuesday, May 30 by Jefferies. The firm has “Buy” rating by Jefferies given on Tuesday, October 17. Credit Suisse reinitiated Praxair, Inc. (NYSE:PX) on Thursday, March 24 with “Neutral” rating. The company was downgraded on Monday, April 4 by Deutsche Bank. Argus Research upgraded Praxair, Inc. (NYSE:PX) on Monday, November 13 to “Buy” rating. The firm has “Buy” rating given on Tuesday, December 19 by Deutsche Bank. The rating was maintained by Jefferies on Wednesday, June 21 with “Buy”.

Pointstate Capital Lp increased Allergan Plc (Put) stake by 129,600 shares to 179,600 valued at $36.81M in 2017Q3. It also upped Salesforce Com Inc (Call) (NYSE:CRM) stake by 100,800 shares and now owns 119,800 shares. Endo Intl Plc (NASDAQ:ENDP) was raised too.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.18, from 0.9 in 2017Q2. It improved, as 39 investors sold PX shares while 277 reduced holdings. 83 funds opened positions while 258 raised stakes. 235.36 million shares or 0.26% less from 235.97 million shares in 2017Q2 were reported. Coastline Trust Co stated it has 0.62% of its portfolio in Praxair, Inc. (NYSE:PX). Point72 Asset Limited Partnership invested in 0.16% or 258,700 shares. Ngam LP stated it has 35,216 shares. Riverhead Lc has 9,669 shares for 0.06% of their portfolio. 151 are held by Cwm Lc. Northwest Counselors Limited has invested 0.02% in Praxair, Inc. (NYSE:PX). St James Invest Company Ltd Company reported 188,802 shares stake. Gemmer Asset Management Lc accumulated 199 shares. Stifel, a Missouri-based fund reported 423,347 shares. Endurance Wealth Management has 0.02% invested in Praxair, Inc. (NYSE:PX) for 655 shares. Credit Suisse Ag has invested 0.09% in Praxair, Inc. (NYSE:PX). Massachusetts-based Panagora Asset Mgmt has invested 0.01% in Praxair, Inc. (NYSE:PX). Northern holds 0.14% of its portfolio in Praxair, Inc. (NYSE:PX) for 3.82M shares. Fifth Third National Bank & Trust has 226,809 shares for 0.23% of their portfolio. Jnba Advsrs accumulated 333 shares or 0.01% of the stock.

ARRIS International plc, together with its subsidiaries, provides media entertainment and data communications solutions in the United States and internationally. The company has market cap of $4.68 billion. It operates through two divisions, Customer Premises Equipment and Network & Cloud. It has a 28.62 P/E ratio. The Customer Premises Equipment segment offers various product solutions, including set-top boxes, gateways, digital subscriber lines and cable modems, and wireless connectivity or other wired connectivity products that enable service providers to offer voice, video, and high-speed data services to residential and business subscribers.

Analysts await ARRIS International plc (NASDAQ:ARRS) to report earnings on February, 28. They expect $0.71 EPS, up 1.43% or $0.01 from last year’s $0.7 per share. ARRS’s profit will be $132.78 million for 8.82 P/E if the $0.71 EPS becomes a reality. After $0.75 actual EPS reported by ARRIS International plc for the previous quarter, Wall Street now forecasts -5.33% negative EPS growth.

Investors sentiment increased to 2 in Q3 2017. Its up 2.00, from 0 in 2017Q2. It increased, as 0 investors sold ARRIS International plc shares while 1 reduced holdings. 2 funds opened positions while 0 raised stakes. 268,129 shares or 8.25% more from 247,686 shares in 2017Q2 were reported. First State Bank Of Omaha owns 64,640 shares for 0.11% of their portfolio. Vantage Inv Advsrs Limited Liability Co invested 0.02% of its portfolio in ARRIS International plc (NASDAQ:ARRS). Eqis Capital Mngmt Inc reported 30,264 shares. Baxter Bros Incorporated owns 1.4% invested in ARRIS International plc (NASDAQ:ARRS) for 170,875 shares. Gemmer Asset Mgmt Limited Com invested in 0% or 99 shares.