As Level 3 Communications (LVLT) Share Value Rose, Park Presidio Capital Has Trimmed by $22.93 Million Its Position; Guaranty Bancorp (GBNK) Shareholder Patriot Financial Partners Gp LP Has Cut Its Position as Stock Rose

October 12, 2017 - By Marguerite Chambers

Patriot Financial Partners Gp Lp decreased its stake in Guaranty Bancorp (GBNK) by 19.22% based on its latest 2017Q2 regulatory filing with the SEC. Patriot Financial Partners Gp Lp sold 450,000 shares as the company’s stock rose 1.01% with the market. The hedge fund held 1.89 million shares of the major banks company at the end of 2017Q2, valued at $51.46M, down from 2.34M at the end of the previous reported quarter. Patriot Financial Partners Gp Lp who had been investing in Guaranty Bancorp for a number of months, seems to be less bullish one the $805.33 million market cap company. It closed at $28.35 lastly. It is down 55.26% since October 12, 2016 and is uptrending. It has outperformed by 38.56% the S&P500.




Park Presidio Capital Llc decreased its stake in Level 3 Communications Inc (LVLT) by 97.16% based on its latest 2017Q2 regulatory filing with the SEC. Park Presidio Capital Llc sold 388,635 shares as the company’s stock rose 3.98% with the market. The institutional investor held 11,365 shares of the public utilities company at the end of 2017Q2, valued at $674,000, down from 400,000 at the end of the previous reported quarter. Park Presidio Capital Llc who had been investing in Level 3 Communications Inc for a number of months, seems to be less bullish one the $20.09B market cap company. The stock rose 0.25% or $0.14 reaching $55.54. About 20.45 million shares traded or 817.04% up from the average. Level 3 Communications, Inc. (NYSE:LVLT) has risen 15.09% since October 12, 2016 and is uptrending. It has underperformed by 1.61% the S&P500.

Since May 26, 2017, it had 1 buy, and 0 selling transactions for $2,052 activity.

Investors sentiment increased to 1.77 in Q2 2017. Its up 0.77, from 1 in 2017Q1. It is positive, as 8 investors sold GBNK shares while 23 reduced holdings. 18 funds opened positions while 37 raised stakes. 19.81 million shares or 2.38% more from 19.35 million shares in 2017Q1 were reported. California State Teachers Retirement Systems reported 0% stake. Bnp Paribas Arbitrage Sa holds 0% or 2,523 shares. Dimensional Fund Advsr Ltd Partnership stated it has 681,195 shares. Tower Research Limited Liability Corp (Trc) holds 0.01% or 3,400 shares. State Street holds 0% or 411,052 shares. Geode Cap Mngmt Ltd Limited Liability Company has 0% invested in Guaranty Bancorp (NASDAQ:GBNK) for 169,119 shares. New York-based Jpmorgan Chase has invested 0% in Guaranty Bancorp (NASDAQ:GBNK). Citigroup Inc accumulated 0% or 251 shares. Invesco Limited has invested 0% in Guaranty Bancorp (NASDAQ:GBNK). Stifel invested in 0% or 17,538 shares. 27,962 are owned by Rhumbline Advisers. Mendon Advisors has invested 1.4% of its portfolio in Guaranty Bancorp (NASDAQ:GBNK). Deutsche State Bank Ag owns 59,437 shares for 0% of their portfolio. Fj Capital Lc reported 1.01 million shares. Emerald Mutual Fund Advisers reported 177,886 shares.

Among 7 analysts covering Guaranty Bancorp (NASDAQ:GBNK), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Guaranty Bancorp had 11 analyst reports since August 13, 2015 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, July 20. The stock has “Hold” rating by Piper Jaffray on Tuesday, July 11. Piper Jaffray maintained Guaranty Bancorp (NASDAQ:GBNK) rating on Thursday, October 5. Piper Jaffray has “Hold” rating and $29.0 target. The firm earned “Market Perform” rating on Thursday, August 13 by FIG Partners. PiperJaffray downgraded the shares of GBNK in report on Tuesday, July 11 to “Neutral” rating. Sandler O’Neill upgraded the shares of GBNK in report on Thursday, October 27 to “Buy” rating. Wood upgraded Guaranty Bancorp (NASDAQ:GBNK) rating on Tuesday, April 12. Wood has “Outperform” rating and $19 target. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Guaranty Bancorp (NASDAQ:GBNK) on Thursday, June 22 with “Buy” rating.

Analysts await Guaranty Bancorp (NASDAQ:GBNK) to report earnings on October, 25. They expect $0.37 earnings per share, up 15.63% or $0.05 from last year’s $0.32 per share. GBNK’s profit will be $10.51M for 19.16 P/E if the $0.37 EPS becomes a reality. After $0.36 actual earnings per share reported by Guaranty Bancorp for the previous quarter, Wall Street now forecasts 2.78% EPS growth.

Another recent and important Guaranty Bancorp (NASDAQ:GBNK) news was published by Marketwired.com which published an article titled: “Guaranty Bancorp announces second consecutive quarter of record net income and …” on July 19, 2017.

Analysts await Level 3 Communications, Inc. (NYSE:LVLT) to report earnings on October, 30. They expect $0.38 earnings per share, down 2.56% or $0.01 from last year’s $0.39 per share. LVLT’s profit will be $137.45M for 36.54 P/E if the $0.38 EPS becomes a reality. After $0.42 actual earnings per share reported by Level 3 Communications, Inc. for the previous quarter, Wall Street now forecasts -9.52% negative EPS growth.

More notable recent Level 3 Communications, Inc. (NYSE:LVLT) news were published by: Denverpost.com which released: “Level 3 tells shareholders to reject “mini” offer by Canadian investment firm” on October 02, 2017, also Bizjournals.com with their article: “Level 3 Communications warns investors of Canadian firm’s offer” published on October 02, 2017, Nasdaq.com published: “Norwegian Cruise Line To Replace Level 3 Communications In S&P 500” on October 05, 2017. More interesting news about Level 3 Communications, Inc. (NYSE:LVLT) were released by: Finance.Yahoo.com and their article: “CenturyLink (CTL) Defers Level 3 Communications Acquisition” published on September 13, 2017 as well as Nasdaq.com‘s news article titled: “Level 3 Communications (LVLT) to Expand Cloud Footprint” with publication date: October 04, 2017.

Investors sentiment decreased to 0.99 in 2017 Q2. Its down 0.10, from 1.09 in 2017Q1. It fall, as 32 investors sold LVLT shares while 149 reduced holdings. 41 funds opened positions while 138 raised stakes. 349.71 million shares or 2.43% less from 358.41 million shares in 2017Q1 were reported. State Of Alaska Department Of Revenue has 4,612 shares for 0.02% of their portfolio. Thompson Siegel & Walmsley Limited Company invested in 331 shares or 0% of the stock. Cove Street Capital Limited Company invested 0.09% in Level 3 Communications, Inc. (NYSE:LVLT). Keybank National Association Oh holds 3,506 shares. Raymond James And Assoc invested 0% of its portfolio in Level 3 Communications, Inc. (NYSE:LVLT). Omni Prtnrs Llp owns 340,343 shares. Sei Invests holds 0.15% of its portfolio in Level 3 Communications, Inc. (NYSE:LVLT) for 619,337 shares. Caisse De Depot Et Placement Du Quebec invested in 0.02% or 130,340 shares. Moreover, Ontario Teachers Pension Plan Board has 0.05% invested in Level 3 Communications, Inc. (NYSE:LVLT) for 66,105 shares. Aqr Cap Management Limited Liability Co reported 397,639 shares or 0.03% of all its holdings. 105,479 were accumulated by Aperio Grp Ltd Llc. Next Grp invested in 100 shares. Hutchin Hill Capital Ltd Partnership has invested 1.13% in Level 3 Communications, Inc. (NYSE:LVLT). Employees Retirement Systems Of Ohio has 130,269 shares for 0.04% of their portfolio. Personal Advisors owns 0.41% invested in Level 3 Communications, Inc. (NYSE:LVLT) for 314,002 shares.

Among 18 analysts covering Level 3 (NYSE:LVLT), 5 have Buy rating, 1 Sell and 12 Hold. Therefore 28% are positive. Level 3 had 33 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of LVLT in report on Sunday, September 17 with “Hold” rating. The stock of Level 3 Communications, Inc. (NYSE:LVLT) earned “Buy” rating by Goldman Sachs on Friday, October 14. The rating was downgraded by BTIG Research to “Neutral” on Tuesday, November 1. SunTrust initiated the stock with “Hold” rating in Tuesday, December 13 report. The company was maintained on Thursday, July 30 by Canaccord Genuity. The firm earned “Outperform” rating on Tuesday, April 19 by William Blair. As per Tuesday, November 22, the company rating was downgraded by Moffett Nathanson. Oppenheimer upgraded Level 3 Communications, Inc. (NYSE:LVLT) on Friday, October 28 to “Outperform” rating. As per Tuesday, August 4, the company rating was maintained by Macquarie Research. Barclays Capital initiated Level 3 Communications, Inc. (NYSE:LVLT) rating on Tuesday, October 18. Barclays Capital has “Overweight” rating and $54 target.

Park Presidio Capital Llc, which manages about $292.21 million and $620.61 million US Long portfolio, upped its stake in Wabtec Corp (NYSE:WAB) by 10,000 shares to 500,000 shares, valued at $45.75 million in 2017Q2, according to the filing.

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