Falcon Point Capital Decreased Five9 (FIVN) Position by $5.33 Million as Stock Rose; Lonestar Capital Management Position in Xpo Logistics (XPO) Has Lifted by $1.92 Million

November 15, 2017 - By Dolores Ford

Jerome L. Simon increased its stake in Xpo Logistics Inc (XPO) by 20% based on its latest 2017Q2 regulatory filing with the SEC. Lonestar Capital Management Llc bought 30,000 shares as the company’s stock rose 7.25% with the market. The hedge fund run by Jerome L. Simon held 180,000 shares of the consumer services company at the end of 2017Q2, valued at $11.63M, up from 150,000 at the end of the previous reported quarter. Lonestar Capital Management Llc who had been investing in Xpo Logistics Inc for a number of months, seems to be bullish on the $8.65B market cap company. The stock declined 1.46% or $1.07 reaching $72.15 on the news. About 71,501 shares traded. XPO Logistics Inc (NYSE:XPO) has risen 103.27% since November 15, 2016 and is uptrending. It has outperformed by 86.57% the S&P500.




Falcon Point Capital Llc decreased its stake in Five9 (FIVN) by 24.18% based on its latest 2017Q2 regulatory filing with the SEC. Falcon Point Capital Llc sold 253,724 shares as the company’s stock rose 30.16% with the market. The institutional investor held 795,596 shares of the technology company at the end of 2017Q2, valued at $17.12M, down from 1.05 million at the end of the previous reported quarter. Falcon Point Capital Llc who had been investing in Five9 for a number of months, seems to be less bullish one the $1.40B market cap company. The stock declined 0.79% or $0.2 reaching $25.11 per share. About 8,789 shares traded. Five9 Inc (NASDAQ:FIVN) has risen 123.16% since November 15, 2016 and is uptrending. It has outperformed by 106.46% the S&P500.

Analysts await Five9 Inc (NASDAQ:FIVN) to report earnings on February, 15. They expect $-0.04 earnings per share, 0.00% or $0.00 from last year’s $-0.04 per share. After $-0.02 actual earnings per share reported by Five9 Inc for the previous quarter, Wall Street now forecasts 100.00% negative EPS growth.

Among 10 analysts covering Five9 Inc (NASDAQ:FIVN), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Five9 Inc had 29 analyst reports since October 9, 2015 according to SRatingsIntel. The stock of Five9 Inc (NASDAQ:FIVN) earned “Buy” rating by Canaccord Genuity on Friday, August 4. The firm has “Buy” rating by KeyBanc Capital Markets given on Friday, October 27. The company was maintained on Friday, November 3 by Roth Capital. The firm has “Overweight” rating by Pacific Crest given on Friday, March 17. The firm has “Buy” rating given on Wednesday, September 27 by Canaccord Genuity. The rating was initiated by Northland Capital with “Outperform” on Monday, January 4. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, July 20 report. The firm earned “Buy” rating on Thursday, September 21 by KeyBanc Capital Markets. The stock has “Overweight” rating by Barclays Capital on Thursday, August 4. The firm has “Buy” rating by Craig Hallum given on Thursday, June 9.

Falcon Point Capital Llc, which manages about $364.50M and $741.03M US Long portfolio, upped its stake in Amc Entertainment (NYSE:AMC) by 289,698 shares to 618,925 shares, valued at $14.08M in 2017Q2, according to the filing. It also increased its holding in Unit Corp. (NYSE:UNT) by 17,897 shares in the quarter, for a total of 90,461 shares, and has risen its stake in Horizon Global Corp.

More important recent Five9 Inc (NASDAQ:FIVN) news were published by: Seekingalpha.com which released: “Five9’s (FIVN) CEO Mike Burkland on Q3 2017 Results – Earnings Call Transcript” on November 09, 2017, also Streetinsider.com published article titled: “Five9, Inc (FIVN) PT Raised to $35 at Roth Capital”, Businesswire.com published: “Five9 Named a Leader in the Gartner Magic Quadrant for Contact Center as a …” on October 23, 2017. More interesting news about Five9 Inc (NASDAQ:FIVN) was released by: Businesswire.com and their article: “Five9 to Report Third Quarter 2017 Financial Results on November 8, 2017” with publication date: October 18, 2017.

Investors sentiment increased to 1.58 in 2017 Q2. Its up 0.21, from 1.37 in 2017Q1. It improved, as 26 investors sold XPO shares while 78 reduced holdings. 77 funds opened positions while 87 raised stakes. 81.03 million shares or 4.16% more from 77.79 million shares in 2017Q1 were reported. Cibc Incorporated reported 0% stake. Scopus Asset Mgmt Limited Partnership reported 160,000 shares. Utah Retirement has invested 0.03% in XPO Logistics Inc (NYSE:XPO). Wells Fargo & Mn has invested 0.01% in XPO Logistics Inc (NYSE:XPO). Sg Capital Ltd Liability Co owns 351,019 shares for 4.03% of their portfolio. Kirr Marbach & Limited Liability Company In invested in 12,335 shares or 0.18% of the stock. Citadel Advsr Ltd holds 544,963 shares. 185,014 are owned by Swiss Commercial Bank. Dubuque Commercial Bank Trust Co holds 0.03% or 1,960 shares. The New York-based Citigroup has invested 0% in XPO Logistics Inc (NYSE:XPO). Dsam Ptnrs (London) Ltd reported 246,214 shares stake. M&T Commercial Bank Corp, New York-based fund reported 12,587 shares. Ameriprise Fincl holds 0.01% in XPO Logistics Inc (NYSE:XPO) or 304,953 shares. Great West Life Assurance Can reported 0% stake. Nippon Life Americas has 254,210 shares.

Among 18 analysts covering XPO Logistics (NYSE:XPO), 17 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. XPO Logistics had 57 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Friday, July 21 report. Susquehanna initiated the stock with “Positive” rating in Tuesday, December 20 report. As per Tuesday, February 23, the company rating was initiated by Morgan Stanley. Cowen & Co maintained it with “Outperform” rating and $44 target in Friday, November 6 report. The firm has “Buy” rating by Oppenheimer given on Monday, July 17. JP Morgan maintained XPO Logistics Inc (NYSE:XPO) on Friday, August 5 with “Overweight” rating. As per Wednesday, July 5, the company rating was maintained by Citigroup. FBR Capital maintained the shares of XPO in report on Friday, September 11 with “Outperform” rating. The firm earned “Buy” rating on Tuesday, September 29 by Deutsche Bank. Cowen & Co maintained it with “Outperform” rating and $50 target in Monday, September 14 report.

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