Camden Asset Management LP Increased Huntington Bancshares (HBAN) Holding by $1.65 Million as Valuation Rose; Oaktree Capital Group (OAK) Market Value Declined While Burgundy Asset Management LTD Has Lowered Holding by $663,180

May 18, 2018 - By Marie Mckinney

Oaktree Capital Group, LLC (NYSE:OAK) Logo

Camden Asset Management LP increased its stake in Huntington Bancshares Inc (HBAN) by 24.15% based on its latest 2017Q4 regulatory filing with the SEC. Camden Asset Management LP bought 118,202 shares as the company’s stock rose 1.01% while stock markets declined. The hedge fund held 607,752 shares of the major banks company at the end of 2017Q4, valued at $8.85M, up from 489,550 at the end of the previous reported quarter. Camden Asset Management LP who had been investing in Huntington Bancshares Inc for a number of months, seems to be bullish on the $16.93B market cap company. The stock decreased 0.20% or $0.03 during the last trading session, reaching $15.32. About 777,324 shares traded. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 14.67% since May 18, 2017 and is uptrending. It has outperformed by 3.12% the S&P500.




Burgundy Asset Management Ltd decreased its stake in Oaktree Capital Group Llc (OAK) by 3.79% based on its latest 2017Q4 regulatory filing with the SEC. Burgundy Asset Management Ltd sold 15,790 shares as the company’s stock declined 5.38% with the market. The institutional investor held 400,520 shares of the finance company at the end of 2017Q4, valued at $16.86M, down from 416,310 at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Oaktree Capital Group Llc for a number of months, seems to be less bullish one the $6.27 billion market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $39.89. About 9,263 shares traded. Oaktree Capital Group, LLC (NYSE:OAK) has declined 13.16% since May 18, 2017 and is downtrending. It has underperformed by 24.71% the S&P500.

Among 10 analysts covering Oaktree Capital Group (NYSE:OAK), 1 have Buy rating, 1 Sell and 8 Hold. Therefore 10% are positive. Oaktree Capital Group had 34 analyst reports since July 30, 2015 according to SRatingsIntel. On Friday, January 8 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Underweight” rating by Barclays Capital given on Thursday, October 13. Morgan Stanley maintained Oaktree Capital Group, LLC (NYSE:OAK) rating on Tuesday, April 10. Morgan Stanley has “Overweight” rating and $56 target. The firm earned “Hold” rating on Wednesday, April 11 by Jefferies. Oppenheimer initiated Oaktree Capital Group, LLC (NYSE:OAK) on Tuesday, December 6 with “Perform” rating. The firm earned “Hold” rating on Tuesday, December 20 by Deutsche Bank. The stock has “Hold” rating by Goldman Sachs on Friday, July 28. Keefe Bruyette & Woods maintained Oaktree Capital Group, LLC (NYSE:OAK) on Monday, May 29 with “Buy” rating. The firm has “Hold” rating given on Tuesday, July 18 by Oppenheimer. Keefe Bruyette & Woods maintained Oaktree Capital Group, LLC (NYSE:OAK) on Friday, August 11 with “Buy” rating.

Burgundy Asset Management Ltd, which manages about $19.85B and $11.00 billion US Long portfolio, upped its stake in Advantage Oil & Gas Ltd. (NYSE:AAV) by 1.62 million shares to 21.79 million shares, valued at $93.80 million in 2017Q4, according to the filing. It also increased its holding in Booz Allen Hamilton Holding Corp. (NYSE:BAH) by 21,488 shares in the quarter, for a total of 1.46M shares, and has risen its stake in Harris Corp. (NYSE:HRS).

Analysts await Oaktree Capital Group, LLC (NYSE:OAK) to report earnings on July, 26. They expect $0.55 earnings per share, down 68.21% or $1.18 from last year’s $1.73 per share. OAK’s profit will be $86.46 million for 18.13 P/E if the $0.55 EPS becomes a reality. After $0.93 actual earnings per share reported by Oaktree Capital Group, LLC for the previous quarter, Wall Street now forecasts -40.86% negative EPS growth.

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.11, from 1.08 in 2017Q3. It dived, as 18 investors sold OAK shares while 51 reduced holdings. 21 funds opened positions while 46 raised stakes. 35.01 million shares or 1.09% more from 34.64 million shares in 2017Q3 were reported. Steinberg Glob Asset Management stated it has 0.57% in Oaktree Capital Group, LLC (NYSE:OAK). Rhode Island-based Endurance Wealth Inc has invested 0% in Oaktree Capital Group, LLC (NYSE:OAK). Manufacturers Life Insur The accumulated 4,774 shares. M&R Capital Mgmt invested 0.02% of its portfolio in Oaktree Capital Group, LLC (NYSE:OAK). Waddell & Reed Inc invested in 1.23 million shares. Us Comml Bank De has invested 0% in Oaktree Capital Group, LLC (NYSE:OAK). Creative Planning owns 22,282 shares for 0% of their portfolio. Clinton Gru Inc invested in 62,137 shares or 0.23% of the stock. 151,400 were accumulated by Franklin Incorporated. Moreover, Shelter Ins Retirement Plan has 1.37% invested in Oaktree Capital Group, LLC (NYSE:OAK) for 73,900 shares. Oppenheimer Inc stated it has 19,764 shares. Westpac Corp owns 113,200 shares. 9,900 are owned by Gator Cap Mgmt Limited Liability Corporation. Citadel Advsr Limited Co owns 36,254 shares. 35,017 are held by Brown Advisory Incorporated.

Since May 14, 2018, it had 0 buys, and 1 insider sale for $116,235 activity.

More recent Oaktree Capital Group, LLC (NYSE:OAK) news were published by: Bizjournals.com which released: “Uptown office tower sells for $133.5M after major renovations” on May 18, 2018. Also Businesswire.com published the news titled: “Oaktree Capital Group, LLC Announces Pricing of Public Offering of Series A Preferred Units” on May 11, 2018. Seekingalpha.com‘s news article titled: “Oaktree Capital Group LLC (OAK) Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018 was also an interesting one.

Camden Asset Management L P, which manages about $4.65B and $2.60 billion US Long portfolio, decreased its stake in Csg Sys Intl Inc (Prn) by 7.15 million shares to 24.05 million shares, valued at $26.15M in 2017Q4, according to the filing. It also reduced its holding in Kinder Morgan Inc Del (NYSE:KMI) by 413,100 shares in the quarter, leaving it with 758,800 shares, and cut its stake in Allscripts Healthcare Solutn (Prn).

Since May 4, 2018, it had 0 insider buys, and 2 insider sales for $409,277 activity. $380,817 worth of Huntington Bancshares Incorporated (NASDAQ:HBAN) was sold by Neumeyer Daniel J. on Tuesday, May 15.

More news for Huntington Bancshares Incorporated (NASDAQ:HBAN) were recently published by: Seekingalpha.com, which released: “Huntington Bancshares: A Solid Dividend Investment” on May 16, 2018. Seekingalpha.com‘s article titled: “Huntington Bancshares (HBAN) Investor Presentation – Slideshow” and published on April 20, 2018 is yet another important article.

Oaktree Capital Group, LLC (NYSE:OAK) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: