Fpr Partners Has Decreased Its Commscope Hldg Co (COMM) Holding by $7.96 Million as Shares Rose; Consulta LTD Decreased Stake in Nike (NKE) by $21.70 Million as Stock Value Rose

April 24, 2018 - By Richard Conner

NIKE, Inc. (NYSE:NKE) Logo

Consulta Ltd decreased its stake in Nike Inc (NKE) by 41.18% based on its latest 2017Q4 regulatory filing with the SEC. Consulta Ltd sold 350,000 shares as the company’s stock rose 4.55% while stock markets declined. The institutional investor held 500,000 shares of the consumer non-durables company at the end of 2017Q4, valued at $31.28 million, down from 850,000 at the end of the previous reported quarter. Consulta Ltd who had been investing in Nike Inc for a number of months, seems to be less bullish one the $108.41B market cap company. The stock increased 0.57% or $0.38 during the last trading session, reaching $67.26. About 1.94 million shares traded. NIKE, Inc. (NYSE:NKE) has risen 18.31% since April 24, 2017 and is uptrending. It has outperformed by 6.76% the S&P500.

Bob Peck decreased its stake in Commscope Hldg Co Inc (COMM) by 1.76% based on its latest 2017Q4 regulatory filing with the SEC. Fpr Partners Llc sold 215,246 shares as the company’s stock rose 2.82% while stock markets declined. The hedge fund run by Bob Peck held 12.01 million shares of the technology company at the end of 2017Q4, valued at $454.19M, down from 12.22 million at the end of the previous reported quarter. Fpr Partners Llc who had been investing in Commscope Hldg Co Inc for a number of months, seems to be less bullish one the $7.89 billion market cap company. The stock increased 1.46% or $0.59 during the last trading session, reaching $41.11. About 115,702 shares traded. CommScope Holding Company, Inc. (NASDAQ:COMM) has declined 4.00% since April 24, 2017 and is downtrending. It has underperformed by 15.55% the S&P500.

Among 12 analysts covering CommScope Holding (NASDAQ:COMM), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. CommScope Holding had 36 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of CommScope Holding Company, Inc. (NASDAQ:COMM) earned “Buy” rating by Jefferies on Thursday, February 15. The company was maintained on Friday, February 16 by Northland Capital. Barclays Capital downgraded CommScope Holding Company, Inc. (NASDAQ:COMM) rating on Friday, August 4. Barclays Capital has “Hold” rating and $3600 target. Northland Capital initiated it with “Market Perform” rating and $25 target in Wednesday, September 30 report. The firm has “Neutral” rating by Longbow given on Friday, August 4. Raymond James upgraded the shares of COMM in report on Tuesday, February 16 to “Outperform” rating. The stock has “Mkt Perform” rating by Raymond James on Tuesday, January 17. On Thursday, December 17 the stock rating was upgraded by JP Morgan to “Overweight”. Jefferies maintained CommScope Holding Company, Inc. (NASDAQ:COMM) rating on Tuesday, October 10. Jefferies has “Buy” rating and $40.0 target. The firm earned “Market Perform” rating on Tuesday, November 10 by Northland Capital.

Investors sentiment increased to 0.98 in 2017 Q4. Its up 0.26, from 0.72 in 2017Q3. It improved, as 41 investors sold COMM shares while 77 reduced holdings. 45 funds opened positions while 71 raised stakes. 193.85 million shares or 1.07% more from 191.80 million shares in 2017Q3 were reported. Telemus Limited Co reported 16,825 shares. State Board Of Administration Of Florida Retirement System holds 0.02% in CommScope Holding Company, Inc. (NASDAQ:COMM) or 200,081 shares. Global Endowment Mgmt Limited Partnership has 0.13% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). Gulf Bancorp (Uk) Limited holds 0.03% or 59,800 shares. Employees Retirement Systems Of Texas reported 20,000 shares. Teacher Retirement System Of Texas owns 53,431 shares. Bb&T Securities Limited Co invested 0.02% in CommScope Holding Company, Inc. (NASDAQ:COMM). Capital stated it has 0.26% in CommScope Holding Company, Inc. (NASDAQ:COMM). Shell Asset Management holds 0.03% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM) for 46,530 shares. Sg Americas Securities Ltd Liability Company has 8,703 shares for 0% of their portfolio. Sumitomo Mitsui Hldgs reported 595,402 shares. The California-based Assetmark has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Invesco holds 0.02% or 1.48M shares. Clear Harbor Asset Mngmt Ltd Llc accumulated 77,966 shares or 0.55% of the stock. Moreover, Diamond Hill Capital Management Inc has 0.39% invested in CommScope Holding Company, Inc. (NASDAQ:COMM) for 2.03M shares.

Fpr Partners Llc, which manages about $3.41 billion and $4.66 billion US Long portfolio, upped its stake in Liberty Broadband Corp by 277,935 shares to 1.06 million shares, valued at $90.39M in 2017Q4, according to the filing. It also increased its holding in Antero Res Corp (NYSE:AR) by 27,053 shares in the quarter, for a total of 11.92 million shares, and has risen its stake in Liberty Media Corp Delaware.

Analysts await CommScope Holding Company, Inc. (NASDAQ:COMM) to report earnings on May, 1 before the open. They expect $0.43 earnings per share, down 12.24% or $0.06 from last year’s $0.49 per share. COMM’s profit will be $82.52M for 23.90 P/E if the $0.43 EPS becomes a reality. After $0.44 actual earnings per share reported by CommScope Holding Company, Inc. for the previous quarter, Wall Street now forecasts -2.27% negative EPS growth.

Investors sentiment decreased to 0.74 in 2017 Q4. Its down 0.06, from 0.8 in 2017Q3. It fall, as 70 investors sold NKE shares while 501 reduced holdings. 109 funds opened positions while 312 raised stakes. 1.01 billion shares or 2.95% more from 985.62 million shares in 2017Q3 were reported. Winfield Assocs Inc invested in 2,465 shares. Ifc Holding Fl holds 4,191 shares. Vontobel Asset Mgmt has invested 2.53% in NIKE, Inc. (NYSE:NKE). Eqis Capital reported 0.19% of its portfolio in NIKE, Inc. (NYSE:NKE). Hamilton Point Advsrs Ltd Liability has 1.62% invested in NIKE, Inc. (NYSE:NKE) for 49,526 shares. Griffin Asset Management accumulated 32,492 shares. 12,158 were accumulated by Lincoln Natl. Lowe Brockenbrough Inc stated it has 10,035 shares. 14,930 are held by Brown Advisory Securities Limited Liability Co. Buckingham Asset Mgmt Limited Liability accumulated 9,098 shares or 0.12% of the stock. Compton Mgmt Ri holds 80,493 shares. Gulf International National Bank & Trust (Uk) has invested 0.33% in NIKE, Inc. (NYSE:NKE). Cannell Peter B Communication Inc reported 857,455 shares. Gateway Inv Advisers Ltd Liability Co invested in 87,819 shares. Mutual Of America Mgmt Ltd Co has 163,502 shares for 0.16% of their portfolio.

Analysts await NIKE, Inc. (NYSE:NKE) to report earnings on July, 5. They expect $0.64 earnings per share, up 6.67% or $0.04 from last year’s $0.6 per share. NKE’s profit will be $1.03 billion for 26.27 P/E if the $0.64 EPS becomes a reality. After $0.68 actual earnings per share reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

Consulta Ltd, which manages about $846.53M US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 100,000 shares to 400,000 shares, valued at $42.78 million in 2017Q4, according to the filing.

Since December 11, 2017, it had 0 buys, and 8 sales for $45.81 million activity. 100,000 shares valued at $6.77 million were sold by SPRUNK ERIC D on Monday, January 29. 100,000 shares were sold by EDWARDS TREVOR A, worth $6.85M on Wednesday, January 31. PARKER MARK G also sold $9.45 million worth of NIKE, Inc. (NYSE:NKE) on Tuesday, February 27. The insider Slusher John F sold 125,722 shares worth $7.94M.

NIKE, Inc. (NYSE:NKE) Institutional Positions Chart

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