Scotts Miracle (SMG) Shareholder Markel Corp Has Boosted Holding by $7.41 Million as Stock Value Declined

The Scotts Miracle-Gro Company (NYSE:SMG) LogoInvestors sentiment increased to 1.29 in Q3 2018. Its up 0.31, from 0.98 in 2018Q2. It improved, as 34 investors sold SMG shares while 83 reduced holdings. 44 funds opened positions while 107 raised stakes. 34.40 million shares or 1.03% less from 34.76 million shares in 2018Q2 were reported. Manufacturers Life Ins The stated it has 65,642 shares. Parallax Volatility Advisers Limited Partnership invested in 86 shares or 0% of the stock. Oppenheimer Inc invested 0.01% in The Scotts Miracle-Gro Company (NYSE:SMG). Winslow Evans & Crocker holds 0.01% of its portfolio in The Scotts Miracle-Gro Company (NYSE:SMG) for 442 shares. Shine Advisory Service invested in 0.01% or 247 shares. Citadel Limited Liability invested in 29,790 shares. 8,143 were accumulated by Employees Retirement Association Of Colorado. Stevens First Principles accumulated 2,315 shares. Curbstone Corp owns 0.18% invested in The Scotts Miracle-Gro Company (NYSE:SMG) for 8,680 shares. Dimensional Fund Advisors Ltd Partnership holds 0.01% or 488,786 shares in its portfolio. Levin Cap Strategies Limited Partnership holds 7,453 shares. 7,253 are owned by M&T Bancorporation. Huntington National Bank, a Ohio-based fund reported 3,208 shares. Emerald Advisers Pa has 13,313 shares. Appleton Ptnrs Inc Ma invested in 0.15% or 13,845 shares.

Since June 18, 2018, it had 0 insider buys, and 5 insider sales for $20.68 million activity. The insider Mistretta Nancy G. sold $484,672. $1.43 million worth of The Scotts Miracle-Gro Company (NYSE:SMG) was sold by Hagedorn Partnership – L.P. on Monday, June 18. Shares for $1.29M were sold by HAGEDORN KATHERINE LITTLEFIELD on Monday, June 18.

Markel Corp increased its stake in Scotts Miracle (SMG) by 128.38% based on its latest 2018Q3 regulatory filing with the SEC. Markel Corp bought 95,000 shares as the company’s stock declined 11.10% with the market. The hedge fund held 169,000 shares of the agricultural chemicals company at the end of 2018Q3, valued at $13.31 million, up from 74,000 at the end of the previous reported quarter. Markel Corp who had been investing in Scotts Miracle for a number of months, seems to be bullish on the $3.66 billion market cap company. The stock decreased 3.23% or $2.21 during the last trading session, reaching $66.14. About 733,362 shares traded or 39.32% up from the average. The Scotts Miracle-Gro Company (NYSE:SMG) has declined 32.60% since December 11, 2017 and is downtrending. It has underperformed by 32.60% the S&P500.

Markel Corp, which manages about $5.93 billion US Long portfolio, decreased its stake in Sensata Technologies Holding (NYSE:ST) by 86,000 shares to 82,000 shares, valued at $4.06 million in 2018Q3, according to the filing.

More notable recent The Scotts Miracle-Gro Company (NYSE:SMG) news were published by: Seekingalpha.com which released: “Scotts Miracle-Gro: Dividend Stock Analysis – Seeking Alpha” on May 10, 2018, also Fool.com with their article: “Better Buy: Aurora Cannabis Inc vs. Scotts Miracle-Gro Company – The Motley Fool” published on September 16, 2018, Seekingalpha.com published: “Scotts Miracle-Gro buys hydroponics distributor Sunlight Supply – Seeking Alpha” on April 17, 2018. More interesting news about The Scotts Miracle-Gro Company (NYSE:SMG) were released by: Seekingalpha.com and their article: “Scotts Miracle-Gro: The Best Indirect Marijuana Play – Seeking Alpha” published on July 17, 2018 as well as Benzinga.com‘s news article titled: “Scotts Miracle-Gro (NYSE:SMG) On Projected 2019 Headwinds – Benzinga” with publication date: June 23, 2018.

The Scotts Miracle-Gro Company (NYSE:SMG) Ratings Coverage

Among 3 analysts covering Scotts Miracle-Gro Company (NYSE:SMG), 0 have Buy rating, 2 Sell and 1 Hold. Therefore 0 are positive. Scotts Miracle-Gro Company had 6 analyst reports since June 13, 2018 according to SRatingsIntel. On Wednesday, October 24 the stock rating was upgraded by Bank of America to “Neutral”. The rating was maintained by Bank of America with “Underperform” on Wednesday, August 1. The company was maintained on Tuesday, July 17 by Bank of America. The rating was downgraded by Raymond James on Wednesday, June 20 to “Sell”. As per Friday, August 24, the company rating was maintained by JP Morgan. As per Wednesday, June 13, the company rating was maintained by Bank of America.

The Scotts Miracle-Gro Company (NYSE:SMG) Institutional Positions Chart

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