Your location:  Home  >  Bearing News  >  World Bearing News
<<  Back

Guggenheim Capital LLC Sells 88,882 Shares of Timken Co (TKR)

Resource from:  https://www.fairfieldcurrent.com/2018/07/15/guggenheim-capital-llc-sells-88882-shares-of-timken-co-tkr.html Likes:187
Jul 16,2018

Guggenheim Capital LLC reduced its stake in Timken Co (NYSE:TKR) by 63.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,126 shares of the industrial products company’s stock after selling 88,882 shares during the quarter. Guggenheim Capital LLC owned about 0.07% of Timken worth $2,332,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Deutsche Bank AG lifted its position in shares of Timken by 29.2% in the fourth quarter. Deutsche Bank AG now owns 341,809 shares of the industrial products company’s stock valued at $16,796,000 after acquiring an additional 77,334 shares in the last quarter. Elkfork Partners LLC purchased a new stake in shares of Timken in the fourth quarter valued at $354,000. Schwab Charles Investment Management Inc. lifted its position in shares of Timken by 6.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 395,319 shares of the industrial products company’s stock valued at $18,027,000 after acquiring an additional 22,919 shares in the last quarter. Quantitative Investment Management LLC purchased a new stake in shares of Timken in the fourth quarter valued at $732,000. Finally, OppenheimerFunds Inc. lifted its position in shares of Timken by 9.6% in the fourth quarter. OppenheimerFunds Inc. now owns 17,354 shares of the industrial products company’s stock valued at $853,000 after acquiring an additional 1,522 shares in the last quarter. Institutional investors and hedge funds own 77.41% of the company’s stock.
(https://www.fairfieldcurrent.com/2018/07/15/guggenheim-capital-llc-sells-88882-shares-of-timken-co-tkr.html)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.