UniFirst (UNF) Reaches $160.85 Formed H&S; Schafer Cullen Capital Management Has Increased Nippon Telegraph & Telephone C (NTT) Position

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Schafer Cullen Capital Management Inc increased Nippon Telegraph & Telephone C (NTT) stake by 0.97% reported in 2017Q4 SEC filing. Schafer Cullen Capital Management Inc acquired 12,374 shares as Nippon Telegraph & Telephone C (NTT)’s stock 0.00%. The Schafer Cullen Capital Management Inc holds 1.29M shares with $60.99M value, up from 1.28 million last quarter. Nippon Telegraph & Telephone C now has $ valuation. It closed at $42.84 lastly. It is up 0.00% since April 26, 2017 and is . It has underperformed by 11.55% the S&P500.

UniFirst Corporation (UNF) formed H&S with $152.81 target or 5.00% below today’s $160.85 share price. UniFirst Corporation (UNF) has $3.08 billion valuation. The stock increased 0.47% or $0.75 during the last trading session, reaching $160.85. About 55,168 shares traded. UniFirst Corporation (NYSE:UNF) has risen 7.02% since April 26, 2017 and is uptrending. It has underperformed by 4.53% the S&P500.

Since December 14, 2017, it had 0 buys, and 13 insider sales for $1.50 million activity. 1,216 UniFirst Corporation (NYSE:UNF) shares with value of $205,492 were sold by Croatti Michael A. Ross William Masters also sold $21,463 worth of UniFirst Corporation (NYSE:UNF) on Friday, January 5. 1,045 shares were sold by Katz David Martin, worth $178,538. Shares for $3,150 were sold by DIFILLIPPO DAVID A.

Among 5 analysts covering UniFirst Corp (NYSE:UNF), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. UniFirst Corp has $190.0 highest and $120 lowest target. $151.50’s average target is -5.81% below currents $160.85 stock price. UniFirst Corp had 12 analyst reports since September 1, 2015 according to SRatingsIntel. On Friday, October 6 the stock rating was maintained by Robert W. Baird with “Buy”. The firm earned “Buy” rating on Wednesday, December 16 by Sidoti. Robert W. Baird maintained the shares of UNF in report on Thursday, October 12 with “Buy” rating. The rating was maintained by Robert W. Baird with “Outperform” on Thursday, October 19. The stock of UniFirst Corporation (NYSE:UNF) has “Buy” rating given on Wednesday, March 28 by Robert W. Baird. The stock of UniFirst Corporation (NYSE:UNF) has “Outperform” rating given on Thursday, June 29 by Robert W. Baird. The stock of UniFirst Corporation (NYSE:UNF) has “Buy” rating given on Tuesday, September 5 by Robert W. Baird. Robert W. Baird maintained UniFirst Corporation (NYSE:UNF) on Wednesday, January 3 with “Buy” rating. The stock of UniFirst Corporation (NYSE:UNF) earned “Hold” rating by Zacks on Tuesday, September 1. The stock of UniFirst Corporation (NYSE:UNF) earned “Neutral” rating by Robert W. Baird on Friday, July 1.

Investors sentiment increased to 1.14 in Q4 2017. Its up 0.08, from 1.06 in 2017Q3. It improved, as 14 investors sold UniFirst Corporation shares while 57 reduced holdings. 32 funds opened positions while 49 raised stakes. 14.40 million shares or 2.29% less from 14.74 million shares in 2017Q3 were reported. Assetmark Inc, a California-based fund reported 5 shares. Thomson Horstmann Bryant reported 4,491 shares. Btim holds 184,250 shares. Moreover, Piermont Capital Management has 0.36% invested in UniFirst Corporation (NYSE:UNF) for 6,590 shares. Credit Suisse Ag has invested 0% in UniFirst Corporation (NYSE:UNF). 872 were accumulated by Robecosam Ag. 105,693 are held by Schwab Charles Inv Management. Us Comml Bank De holds 370 shares. Qs Ltd Llc reported 3 shares. Aperio Group Inc Ltd Llc holds 0% of its portfolio in UniFirst Corporation (NYSE:UNF) for 4,218 shares. Fifth Third Retail Bank, a Ohio-based fund reported 200 shares. Blair William And Co Il stated it has 0.09% of its portfolio in UniFirst Corporation (NYSE:UNF). Texas Permanent School Fund holds 0.02% in UniFirst Corporation (NYSE:UNF) or 10,450 shares. Legal And General Grp Inc Plc owns 0% invested in UniFirst Corporation (NYSE:UNF) for 30,945 shares. Ubs Asset Americas stated it has 14,971 shares or 0% of all its holdings.

Analysts await UniFirst Corporation (NYSE:UNF) to report earnings on June, 27. They expect $1.50 EPS, up 10.29% or $0.14 from last year’s $1.36 per share. UNF’s profit will be $28.69M for 26.81 P/E if the $1.50 EPS becomes a reality. After $1.38 actual EPS reported by UniFirst Corporation for the previous quarter, Wall Street now forecasts 8.70% EPS growth.

Schafer Cullen Capital Management Inc decreased Novartis Ag (Adr) (NYSE:NVS) stake by 7,913 shares to 2.64M valued at $221.32 million in 2017Q4. It also reduced Glaxosmithkline Plc (GLAXF) stake by 43,148 shares and now owns 41,851 shares. Astrazeneca Plc (Adr) (NYSE:AZN) was reduced too.

UniFirst Corporation (NYSE:UNF) Institutional Positions Chart