As State Natl Cos (SNC) Shares Rose, Holder Nokomis Capital Lowered Its Position; United Rentals Com (URI) Holder Affinity Investment Advisors Has Boosted Its Position by $3.31 Million as Share Price Declined

December 7, 2017 - By Clifton Ray

Brett Hendrickson decreased its stake in State Natl Cos Inc (SNC) by 16.38% based on its latest 2017Q2 regulatory filing with the SEC. Nokomis Capital Llc sold 160,496 shares as the company’s stock rose 24.00% with the market. The hedge fund run by Brett Hendrickson held 819,534 shares of the finance company at the end of 2017Q2, valued at $15.06M, down from 980,030 at the end of the previous reported quarter. Nokomis Capital Llc who had been investing in State Natl Cos Inc for a number of months, seems to be less bullish one the $886.49M market cap company. The stock increased 0.05% or $0.01 during the last trading session, reaching $21.02. About 235,409 shares traded. State National Companies, Inc. (NASDAQ:SNC) has risen 52.08% since December 7, 2016 and is uptrending. It has outperformed by 35.38% the S&P500.

Affinity Investment Advisors Llc increased its stake in United Rentals Inc Com (URI) by 90.16% based on its latest 2017Q2 regulatory filing with the SEC. Affinity Investment Advisors Llc bought 29,537 shares as the company’s stock declined 12.64% while stock markets rallied. The institutional investor held 62,297 shares of the technology company at the end of 2017Q2, valued at $7.02 million, up from 32,760 at the end of the previous reported quarter. Affinity Investment Advisors Llc who had been investing in United Rentals Inc Com for a number of months, seems to be bullish on the $13.53 billion market cap company. The stock increased 1.09% or $1.72 during the last trading session, reaching $160. About 79,818 shares traded. United Rentals, Inc. (NYSE:URI) has risen 71.76% since December 7, 2016 and is uptrending. It has outperformed by 55.06% the S&P500.




Among 23 analysts covering United Rentals Inc. (NYSE:URI), 7 have Buy rating, 3 Sell and 13 Hold. Therefore 30% are positive. United Rentals Inc. had 65 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Thursday, October 19. Oppenheimer maintained United Rentals, Inc. (NYSE:URI) on Wednesday, July 19 with “Hold” rating. The rating was upgraded by RBC Capital Markets on Monday, July 17 to “Outperform”. The firm has “Buy” rating given on Thursday, August 17 by Jefferies. The stock has “Buy” rating by Stifel Nicolaus on Friday, August 18. On Friday, October 20 the stock rating was maintained by Citigroup with “Buy”. The rating was maintained by RBC Capital Markets on Thursday, April 13 with “Hold”. The stock has “Hold” rating by Vetr on Thursday, September 3. The firm has “Neutral” rating given on Thursday, October 19 by UBS. The firm earned “Neutral” rating on Friday, January 29 by Susquehanna.

More recent United Rentals, Inc. (NYSE:URI) news were published by: Zacks.com which released: “United Rentals (URI) Up 4% Since Earnings Report: Can It Continue?” on November 20, 2017. Also Nasdaq.com published the news titled: “Here’s Why You Should Buy United Rentals (URI) Stock Now” on November 30, 2017. Moodys.com‘s news article titled: “Moody’s withdraws Neff Rental LLC’s ratings after acquisition by United Rentals” with publication date: November 10, 2017 was also an interesting one.

Investors sentiment increased to 1.23 in Q2 2017. Its up 0.30, from 0.93 in 2017Q1. It improved, as 54 investors sold URI shares while 160 reduced holdings. 75 funds opened positions while 188 raised stakes. 75.82 million shares or 2.03% less from 77.39 million shares in 2017Q1 were reported. Gargoyle Investment Advisor Lc holds 0.49% or 11,020 shares. Mitsubishi Ufj Trust Banking holds 177,762 shares or 0.04% of its portfolio. Daiwa Secs Gp reported 213,700 shares. Cornerstone Capital Management Ltd Liability Corporation holds 0.23% of its portfolio in United Rentals, Inc. (NYSE:URI) for 261,745 shares. Atwood And Palmer Incorporated stated it has 0.97% in United Rentals, Inc. (NYSE:URI). 143,667 were accumulated by Thrivent Fincl For Lutherans. Virginia Retirement Systems Et Al holds 0.12% in United Rentals, Inc. (NYSE:URI) or 86,200 shares. Aberdeen Asset Mgmt Public Limited Uk invested in 62,245 shares. Jane Street Ltd Com invested 0.01% of its portfolio in United Rentals, Inc. (NYSE:URI). Kentucky Retirement reported 0.05% of its portfolio in United Rentals, Inc. (NYSE:URI). Moreover, Martingale Asset Mngmt Limited Partnership has 0.04% invested in United Rentals, Inc. (NYSE:URI) for 22,700 shares. Moreover, Ny State Common Retirement Fund has 0.05% invested in United Rentals, Inc. (NYSE:URI) for 312,048 shares. Adage Prtnrs Grp Incorporated Limited Com has 0.05% invested in United Rentals, Inc. (NYSE:URI) for 169,865 shares. Eaton Vance holds 0.01% or 20,483 shares in its portfolio. 602 are owned by First Interstate Savings Bank.

Affinity Investment Advisors Llc, which manages about $1.01 billion and $838.09M US Long portfolio, decreased its stake in Johnson Controls Plc by 33,608 shares to 194,170 shares, valued at $8.42 million in 2017Q2, according to the filing. It also reduced its holding in Celgene Corp (NASDAQ:CELG) by 14,454 shares in the quarter, leaving it with 80,971 shares, and cut its stake in Alaska Air Group (NYSE:ALK).

Among 3 analysts covering State National Companies (NASDAQ:SNC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. State National Companies had 4 analyst reports since September 2, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Buy” on Friday, July 14. The stock of State National Companies, Inc. (NASDAQ:SNC) earned “Market Outperform” rating by JMP Securities on Friday, October 2. On Wednesday, September 2 the stock rating was upgraded by Zacks to “Hold”. The stock of State National Companies, Inc. (NASDAQ:SNC) earned “Neutral” rating by FBR Capital on Tuesday, October 10.

Investors sentiment decreased to 1.38 in Q2 2017. Its down 0.56, from 1.94 in 2017Q1. It is negative, as 7 investors sold SNC shares while 35 reduced holdings. 25 funds opened positions while 33 raised stakes. 22.61 million shares or 0.32% more from 22.54 million shares in 2017Q1 were reported. Bank & Trust Of America De has 0% invested in State National Companies, Inc. (NASDAQ:SNC). Envestnet Asset Mgmt Inc has invested 0% of its portfolio in State National Companies, Inc. (NASDAQ:SNC). Prelude Capital Limited Liability Com owns 0% invested in State National Companies, Inc. (NASDAQ:SNC) for 300 shares. Ubs Asset Mngmt Americas has invested 0% of its portfolio in State National Companies, Inc. (NASDAQ:SNC). Blackrock holds 0% or 1.48M shares in its portfolio. Nationwide Fund Advsrs owns 17,578 shares or 0% of their US portfolio. National Bank Of Ny Mellon Corporation holds 0% or 200,847 shares. Legal General Grp Incorporated Public Limited Liability invested in 0% or 7,885 shares. The Nebraska-based Ameritas Inv Partners Inc has invested 0% in State National Companies, Inc. (NASDAQ:SNC). Geode Management Lc accumulated 254,252 shares. Federated Invsts Pa holds 145,271 shares or 0.01% of its portfolio. Fortress Invest Gru Ltd Llc owns 3.50 million shares. 70,018 were reported by Ativo Capital Llc. Susquehanna International Gru Llp holds 0% or 39,159 shares in its portfolio. Renaissance Technology Ltd Co holds 0.01% or 383,300 shares in its portfolio.

More notable recent State National Companies, Inc. (NASDAQ:SNC) news were published by: Seekingalpha.com which released: “State National Companies Invests In Boost Insurance” on September 27, 2017, also Prnewswire.com with their article: “Markel completes acquisition of State National” published on November 17, 2017, Insurancejournal.com published: “Texas’ State National Companies: Revenues Up in Q1 2017” on May 11, 2017. More interesting news about State National Companies, Inc. (NASDAQ:SNC) were released by: Insurancejournal.com and their article: “Markel to Acquire State National for $919 Million” published on July 26, 2017 as well as Seekingalpha.com‘s news article titled: “State National Companies’ (SNC) CEO Terry Ledbetter on Q1 2017 Results …” with publication date: May 11, 2017.

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