Oxbow Advisors Increased Position in Howard Hughes (HHC); As Symantec (SYMC) Share Price Rose, Managed Asset Portfolios Has Cut Its Position

October 12, 2017 - By Kurt Siggers

Oxbow Advisors Llc increased its stake in Howard Hughes Corp (HHC) by 28.87% based on its latest 2017Q2 regulatory filing with the SEC. Oxbow Advisors Llc bought 4,721 shares as the company’s stock rose 10.78% with the market. The institutional investor held 21,076 shares of the real estate investment trusts company at the end of 2017Q2, valued at $2.59M, up from 16,355 at the end of the previous reported quarter. Oxbow Advisors Llc who had been investing in Howard Hughes Corp for a number of months, seems to be bullish on the $5.41B market cap company. The stock rose 1.60% or $1.94 reaching $123.56 per share. About 170,053 shares traded. Howard Hughes Corp (NYSE:HHC) has risen 25.50% since October 12, 2016 and is uptrending. It has outperformed by 8.80% the S&P500.

Managed Asset Portfolios Llc decreased its stake in Symantec Corp (SYMC) by 26.8% based on its latest 2017Q2 regulatory filing with the SEC. Managed Asset Portfolios Llc sold 107,924 shares as the company’s stock rose 0.76% with the market. The institutional investor held 294,845 shares of the prepackaged software company at the end of 2017Q2, valued at $8.33 million, down from 402,769 at the end of the previous reported quarter. Managed Asset Portfolios Llc who had been investing in Symantec Corp for a number of months, seems to be less bullish one the $19.60 billion market cap company. The stock rose 0.92% or $0.29 reaching $31.9. About 2.07 million shares traded. Symantec Corporation (NASDAQ:SYMC) has risen 71.82% since October 12, 2016 and is uptrending. It has outperformed by 55.12% the S&P500.




Oxbow Advisors Llc, which manages about $1.04 billion and $565.91 million US Long portfolio, decreased its stake in Tallgrass Energy Partner Lp (NYSE:TEP) by 55,681 shares to 470,041 shares, valued at $23.54M in 2017Q2, according to the filing. It also reduced its holding in Ventas Inc (NYSE:VTR) by 5,016 shares in the quarter, leaving it with 31,439 shares, and cut its stake in Alphabet Inc Non Voting Cap St.

Since June 5, 2017, it had 0 insider buys, and 1 insider sale for $3.80 million activity.

Investors sentiment increased to 1.56 in Q2 2017. Its up 0.05, from 1.51 in 2017Q1. It increased, as 15 investors sold HHC shares while 58 reduced holdings. 35 funds opened positions while 79 raised stakes. 34.54 million shares or 4.42% more from 33.08 million shares in 2017Q1 were reported. First Republic Invest reported 4,459 shares. 1,500 are held by First Mercantile Tru. Silver Cap Mgmt Ltd holds 2.05% or 4,180 shares in its portfolio. Tdam Usa Inc owns 10,176 shares or 0.06% of their US portfolio. Citadel Ltd Liability Co stated it has 4,069 shares or 0% of all its holdings. Lombard Odier Asset Mngmt (Usa) has invested 0.6% in Howard Hughes Corp (NYSE:HHC). Seabridge Inv Advsrs Ltd Liability Co stated it has 2.38% in Howard Hughes Corp (NYSE:HHC). Ny State Common Retirement Fund holds 80,118 shares. Seizert Ptnrs Limited Liability Corporation stated it has 522,614 shares or 2.32% of all its holdings. Manufacturers Life The has invested 0% in Howard Hughes Corp (NYSE:HHC). Walleye Trading Limited Liability Com holds 0% of its portfolio in Howard Hughes Corp (NYSE:HHC) for 660 shares. Jpmorgan Chase And invested in 92,382 shares. Of Vermont owns 4,155 shares for 0.05% of their portfolio. 25,670 were reported by Roundview Capital Ltd Liability. Guggenheim Capital Limited Liability Company owns 68,015 shares or 0.02% of their US portfolio.

More notable recent Howard Hughes Corp (NYSE:HHC) news were published by: Dallasnews.com which released: “Why a Dallas firm with a famous name cares if Las Vegas keeps its pro baseball …” on October 11, 2017, also Reviewjournal.com with their article: “Howard Hughes Corp. plans Summerlin residential complex” published on September 15, 2017, Streetinsider.com published: “Howard Hughes Corp. (HHC) Announce New 10-Yr Employment Agreement with …” on October 05, 2017. More interesting news about Howard Hughes Corp (NYSE:HHC) were released by: Businesswire.com and their article: “The Howard Hughes CorporationĀ® Announces Creation of ESPN Live Broadcasting …” published on October 10, 2017 as well as Baltimoresun.com‘s news article titled: “Tax-increment funding deal requires scrutiny [Letter]” with publication date: October 12, 2017.

Among 7 analysts covering Howard Hughes (NYSE:HHC), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Howard Hughes had 11 analyst reports since August 14, 2015 according to SRatingsIntel. BWS Financial initiated Howard Hughes Corp (NYSE:HHC) rating on Thursday, June 8. BWS Financial has “Buy” rating and $15000 target. Compass Point maintained the shares of HHC in report on Tuesday, December 8 with “Buy” rating. The firm has “Sell” rating by TheStreet given on Thursday, September 24. The stock of Howard Hughes Corp (NYSE:HHC) earned “Buy” rating by JMP Securities on Sunday, August 16. The rating was maintained by Compass Point with “Buy” on Monday, May 23. As per Monday, October 31, the company rating was initiated by CJS Securities. The rating was initiated by Sandler O’Neill on Thursday, March 30 with “Hold”. The firm has “Buy” rating by Citigroup given on Friday, May 13. The rating was maintained by Citigroup on Wednesday, August 10 with “Buy”.

Managed Asset Portfolios Llc, which manages about $361.80M and $303.08 million US Long portfolio, upped its stake in Sanofi (NYSE:SNY) by 13,215 shares to 337,287 shares, valued at $16.16M in 2017Q2, according to the filing. It also increased its holding in Cisco Sys Inc (NASDAQ:CSCO) by 15,616 shares in the quarter, for a total of 489,706 shares, and has risen its stake in Novartis A G (NYSE:NVS).

Among 28 analysts covering Symantec (NASDAQ:SYMC), 10 have Buy rating, 1 Sell and 17 Hold. Therefore 36% are positive. Symantec had 74 analyst reports since August 11, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $30.0 target in Sunday, September 10 report. The rating was initiated by Barclays Capital with “Equal-Weight” on Friday, August 5. The stock has “Buy” rating by Citigroup on Friday, August 19. RBC Capital Markets maintained it with “Outperform” rating and $25 target in Friday, August 5 report. On Friday, March 11 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The firm has “Buy” rating given on Thursday, September 15 by Guggenheim. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Tuesday, October 10 report. The stock has “Buy” rating by TheStreet on Saturday, August 15. The company was maintained on Thursday, July 6 by Oppenheimer. The firm has “Hold” rating given on Tuesday, August 11 by FBR Capital.

Since May 15, 2017, it had 0 insider purchases, and 8 selling transactions for $4.36 million activity. 19,117 shares were sold by Divol Roxane, worth $560,916 on Friday, May 19. Rosch Francis C sold $1.43 million worth of Symantec Corporation (NASDAQ:SYMC) on Monday, June 5. TAYLOR SCOTT C had sold 13,000 shares worth $421,805. The insider Garfield Mark S. sold $531,032. Sands Anita M also sold $60,326 worth of Symantec Corporation (NASDAQ:SYMC) shares. Noviello Nicholas R sold $900,154 worth of stock or 27,741 shares.

Analysts await Symantec Corporation (NASDAQ:SYMC) to report earnings on November, 2. They expect $0.26 EPS, up 73.33% or $0.11 from last year’s $0.15 per share. SYMC’s profit will be $159.80 million for 30.66 P/E if the $0.26 EPS becomes a reality. After $0.15 actual EPS reported by Symantec Corporation for the previous quarter, Wall Street now forecasts 73.33% EPS growth.

More news for Symantec Corporation (NASDAQ:SYMC) were recently published by: Seekingalpha.com, which released: “Symantec: A Blow To The Bearish Thesis” on September 15, 2017. Seekingalpha.com‘s article titled: “The Equifax Impact On Symantec” and published on September 13, 2017 is yet another important article.

Investors sentiment increased to 0.95 in Q2 2017. Its up 0.14, from 0.81 in 2017Q1. It improved, as 54 investors sold SYMC shares while 167 reduced holdings. 65 funds opened positions while 146 raised stakes. 554.80 million shares or 1.02% less from 560.54 million shares in 2017Q1 were reported. Ardsley Advisory Ptnrs holds 0.08% or 15,000 shares. Caprock Grp reported 9,031 shares. First Tru Advsrs Lp reported 3.89 million shares. Kentucky Retirement Insurance Fund stated it has 0.08% in Symantec Corporation (NASDAQ:SYMC). Connor Clark Lunn Management Ltd invested in 12,800 shares or 0% of the stock. Veritable Limited Partnership has invested 0.01% in Symantec Corporation (NASDAQ:SYMC). Private Advsrs has 12,899 shares. 39,521 are owned by Hanseatic Svcs Inc. Valley Advisers stated it has 325 shares or 0% of all its holdings. Schroder Investment Management Gp holds 0% of its portfolio in Symantec Corporation (NASDAQ:SYMC) for 7,000 shares. C M Bidwell And Assocs Ltd owns 0% invested in Symantec Corporation (NASDAQ:SYMC) for 33 shares. Spirit Of America Mgmt Ny holds 26,200 shares. Dnb Asset Mgmt As has invested 0% in Symantec Corporation (NASDAQ:SYMC). 42,847 were reported by M&T Comml Bank Corporation. Ameriprise Financial invested 0.02% in Symantec Corporation (NASDAQ:SYMC).

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