UFP Technologies, Inc. (UFPT) Reaches $29.15 Formed H&S; Bank Of Nova Scotia Trust Company Lifted Praxair (PX) Holding By $1.23 Million

Bank Of Nova Scotia Trust Company increased Praxair Inc (PX) stake by 53.36% reported in 2017Q3 SEC filing. Bank Of Nova Scotia Trust Company acquired 8,877 shares as Praxair Inc (PX)’s stock rose 10.06%. The Bank Of Nova Scotia Trust Company holds 25,513 shares with $3.57M value, up from 16,636 last quarter. Praxair Inc now has $44.39 billion valuation. The stock decreased 2.99% or $4.78 during the last trading session, reaching $155.05. About 2.09M shares traded or 9.50% up from the average. Praxair, Inc. (NYSE:PX) has risen 17.42% since February 5, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

UFP Technologies, Inc. (UFPT) formed H&S with $27.69 target or 5.00% below today’s $29.15 share price. UFP Technologies, Inc. (UFPT) has $211.85M valuation. It closed at $29.15 lastly. It is down 25.88% since February 5, 2017 and is uptrending. It has outperformed by 9.18% the S&P500.

Investors sentiment decreased to 1.7 in Q3 2017. Its down 0.86, from 2.56 in 2017Q2. It fall, as 4 investors sold UFP Technologies, Inc. shares while 19 reduced holdings. 14 funds opened positions while 25 raised stakes. 4.88 million shares or 1.97% more from 4.79 million shares in 2017Q2 were reported. Ajo L P owns 55,196 shares for 0.01% of their portfolio. Bank Of America De reported 2,178 shares. Acadian Asset Mngmt Ltd Liability Co holds 0% in UFP Technologies, Inc. (NASDAQ:UFPT) or 4,268 shares. 800 are held by Ledyard Bank. Punch And Inv Mgmt Inc holds 182,000 shares or 0.45% of its portfolio. First Quadrant L P Ca reported 0% stake. Barclays Pcl accumulated 150 shares. Moreover, Legal And General Grp Plc has 0% invested in UFP Technologies, Inc. (NASDAQ:UFPT). Wellington Mgmt Grp Inc Llp has invested 0% in UFP Technologies, Inc. (NASDAQ:UFPT). Moreover, Panagora Asset Mgmt has 0% invested in UFP Technologies, Inc. (NASDAQ:UFPT) for 31,039 shares. Nationwide Fund Advsr has invested 0% in UFP Technologies, Inc. (NASDAQ:UFPT). State Street Corp accumulated 110,687 shares. Bancorporation Of Montreal Can holds 0% of its portfolio in UFP Technologies, Inc. (NASDAQ:UFPT) for 3,534 shares. Gsa Prtn Llp invested in 0.01% or 7,364 shares. Morgan Stanley stated it has 0% in UFP Technologies, Inc. (NASDAQ:UFPT).

Analysts await UFP Technologies, Inc. (NASDAQ:UFPT) to report earnings on March, 1. They expect $0.23 earnings per share, up 15.00% or $0.03 from last year’s $0.2 per share. UFPT’s profit will be $1.67 million for 31.68 P/E if the $0.23 EPS becomes a reality. After $0.23 actual earnings per share reported by UFP Technologies, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Bank Of Nova Scotia Trust Company decreased Mastercard Incorporated (NYSE:MA) stake by 5,161 shares to 40,955 valued at $5.78M in 2017Q3. It also reduced Enbridge Inc (NYSE:ENB) stake by 45,546 shares and now owns 1.03 million shares. Anthem Inc (NYSE:ANTM) was reduced too.