First Eagle Investment Management Decreased Tiffany & Co New (TIF) Position as Stock Value Rose; Dollar Gen New (DG) Holder Marathon Partners Equity Management Has Increased Holding by $405,000

February 21, 2018 - By Louis Casey

Mario Cibelli increased its stake in Dollar Gen Corp New (DG) by 5% based on its latest 2017Q3 regulatory filing with the SEC. Marathon Partners Equity Management Llc bought 5,000 shares as the company’s stock declined 7.36% while stock markets rallied. The hedge fund run by Mario Cibelli held 105,000 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $8.51M, up from 100,000 at the end of the previous reported quarter. Marathon Partners Equity Management Llc who had been investing in Dollar Gen Corp New for a number of months, seems to be bullish on the $26.09 billion market cap company. The stock increased 1.61% or $1.52 during the last trading session, reaching $96.08. About 551,734 shares traded. Dollar General Corporation (NYSE:DG) has declined 12.26% since February 21, 2017 and is downtrending. It has underperformed by 28.96% the S&P500.

Jean decreased its stake in Tiffany & Co New (TIF) by 6.92% based on its latest 2017Q3 regulatory filing with the SEC. First Eagle Investment Management Llc sold 286,477 shares as the company’s stock rose 7.82% with the market. The hedge fund run by Jean held 3.85 million shares of the consumer specialties company at the end of 2017Q3, valued at $353.77 million, down from 4.14 million at the end of the previous reported quarter. First Eagle Investment Management Llc who had been investing in Tiffany & Co New for a number of months, seems to be less bullish one the $12.67B market cap company. The stock increased 1.22% or $1.23 during the last trading session, reaching $101.93. About 124,631 shares traded. Tiffany & Co. (NYSE:TIF) has risen 46.84% since February 21, 2017 and is uptrending. It has outperformed by 30.14% the S&P500.




Among 26 analysts covering Tiffany & Co. (NYSE:TIF), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. Tiffany & Co. had 84 analyst reports since July 29, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of TIF in report on Thursday, January 11 with “Hold” rating. The stock of Tiffany & Co. (NYSE:TIF) earned “Buy” rating by Jefferies on Thursday, September 28. Citigroup maintained the stock with “Neutral” rating in Friday, August 26 report. The stock has “Buy” rating by SBG Securities on Tuesday, March 22. The stock of Tiffany & Co. (NYSE:TIF) earned “Hold” rating by KeyBanc Capital Markets on Wednesday, October 11. The firm has “Hold” rating by SBG Securities given on Thursday, November 30. The company was maintained on Thursday, August 24 by Oppenheimer. The stock has “Buy” rating by Oppenheimer on Thursday, July 13. Mizuho downgraded the shares of TIF in report on Monday, February 6 to “Neutral” rating. The rating was maintained by Jefferies with “Buy” on Tuesday, June 6.

Analysts await Tiffany & Co. (NYSE:TIF) to report earnings on March, 16 before the open. They expect $1.62 EPS, up 11.72% or $0.17 from last year’s $1.45 per share. TIF’s profit will be $201.34 million for 15.73 P/E if the $1.62 EPS becomes a reality. After $0.80 actual EPS reported by Tiffany & Co. for the previous quarter, Wall Street now forecasts 102.50% EPS growth.

First Eagle Investment Management Llc, which manages about $44.72B US Long portfolio, upped its stake in Gilead Sciences Inc (NASDAQ:GILD) by 59,400 shares to 59,700 shares, valued at $4.84M in 2017Q3, according to the filing. It also increased its holding in Technipfmc Plc by 3.35 million shares in the quarter, for a total of 33.93 million shares, and has risen its stake in Arqule Inc (NASDAQ:ARQL).

Marathon Partners Equity Management Llc, which manages about $276.74M and $227.28M US Long portfolio, decreased its stake in Speedway Motorsports Inc (NYSE:TRK) by 190,000 shares to 160,000 shares, valued at $3.41 million in 2017Q3, according to the filing. It also reduced its holding in Kar Auction Svcs Inc (NYSE:KAR) by 10,000 shares in the quarter, leaving it with 142,500 shares, and cut its stake in Alphabet Inc.

Among 30 analysts covering Dollar General Corp. (NYSE:DG), 17 have Buy rating, 2 Sell and 11 Hold. Therefore 57% are positive. Dollar General Corp. had 102 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Monday, December 4. Goldman Sachs reinitiated the shares of DG in report on Tuesday, November 14 with “Neutral” rating. The firm has “Buy” rating given on Wednesday, May 4 by Bank of America. The rating was maintained by Jefferies with “Hold” on Monday, July 17. The stock of Dollar General Corporation (NYSE:DG) has “Buy” rating given on Wednesday, August 31 by Citigroup. The rating was downgraded by Buckingham Research on Friday, March 10 to “Neutral”. The rating was maintained by RBC Capital Markets on Thursday, December 7 with “Buy”. KeyBanc Capital Markets maintained the stock with “Hold” rating in Thursday, August 31 report. The rating was initiated by Bernstein on Monday, February 6 with “Outperform”. The stock has “Market Perform” rating by Telsey Advisory Group on Friday, December 8.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.07, from 0.98 in 2017Q2. It dived, as 58 investors sold DG shares while 187 reduced holdings. 56 funds opened positions while 167 raised stakes. 237.14 million shares or 1.40% less from 240.50 million shares in 2017Q2 were reported. Asset Mngmt One Ltd reported 434,332 shares. Adams Diversified Equity Fund owns 149,637 shares or 0.66% of their US portfolio. Envestnet Asset Mngmt has 89,531 shares for 0.02% of their portfolio. Conning owns 6,010 shares or 0.02% of their US portfolio. Banque Pictet Cie, Switzerland-based fund reported 85,821 shares. Nexus Invest Management Inc, a Ontario – Canada-based fund reported 234,090 shares. Ally Finance has invested 0.54% of its portfolio in Dollar General Corporation (NYSE:DG). Telos Capital Mngmt Inc invested in 19,086 shares or 0.6% of the stock. Putnam Ltd Llc holds 4,651 shares. Horrell Cap Mgmt stated it has 1.26% of its portfolio in Dollar General Corporation (NYSE:DG). Srb Corporation holds 2,338 shares. Fdx Advsr invested 0.1% of its portfolio in Dollar General Corporation (NYSE:DG). The Netherlands-based Robeco Institutional Asset Mgmt Bv has invested 0.01% in Dollar General Corporation (NYSE:DG). Apg Asset Management Nv reported 0.05% stake. Buckingham Cap Inc reported 0.59% in Dollar General Corporation (NYSE:DG).

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: