Highline Capital Management Upped Position in Pandora Media (P) by $42.88 Million as Share Price Declined; Arlington Value Capital Has Raised Leucadia National (LUK) Stake by $377,500

February 16, 2018 - By Linda Rogers

Arlington Value Capital Llc increased its stake in Leucadia National Corp (LUK) by 0.41% based on its latest 2017Q3 regulatory filing with the SEC. Arlington Value Capital Llc bought 15,100 shares as the company’s stock declined 3.60% while stock markets rallied. The hedge fund held 3.65 million shares of the meat and poultry and fish company at the end of 2017Q3, valued at $92.27M, up from 3.64 million at the end of the previous reported quarter. Arlington Value Capital Llc who had been investing in Leucadia National Corp for a number of months, seems to be bullish on the $8.88 billion market cap company. The stock decreased 1.15% or $0.29 during the last trading session, reaching $24.93. About 1.86M shares traded or 4.81% up from the average. Leucadia National Corporation (NYSE:LUK) has risen 38.50% since February 16, 2017 and is uptrending. It has outperformed by 21.80% the S&P500.

Jacob Doft increased its stake in Pandora Media Inc (P) by 222.73% based on its latest 2017Q3 regulatory filing with the SEC. Highline Capital Management Llc bought 6.13M shares as the company’s stock declined 31.96% while stock markets rallied. The hedge fund run by Jacob Doft held 8.88M shares of the consumer services company at the end of 2017Q3, valued at $68.34 million, up from 2.75 million at the end of the previous reported quarter. Highline Capital Management Llc who had been investing in Pandora Media Inc for a number of months, seems to be bullish on the $1.26B market cap company. The stock increased 3.06% or $0.15 during the last trading session, reaching $5.05. About 19.66 million shares traded or 112.92% up from the average. Pandora Media, Inc. (NYSE:P) has declined 12.50% since February 16, 2017 and is downtrending. It has underperformed by 29.20% the S&P500.




Highline Capital Management Llc, which manages about $3.04 billion and $3.53 billion US Long portfolio, decreased its stake in Intercontinental Exchange In (NYSE:ICE) by 121,000 shares to 2.48 million shares, valued at $170.45M in 2017Q3, according to the filing. It also reduced its holding in Novocure Ltd by 221,800 shares in the quarter, leaving it with 1.51 million shares, and cut its stake in Marriott Intl Inc New (NASDAQ:MAR).

Since August 16, 2017, it had 0 insider purchases, and 1 sale for $250,075 activity. On Wednesday, August 16 Trimble John sold $88,830 worth of Pandora Media, Inc. (NYSE:P) or 10,547 shares. Another trade for 10,322 shares valued at $86,935 was sold by Phillips Christopher W. Another trade for 6,528 shares valued at $54,981 was made by Robinson Kristen on Wednesday, August 16. The insider GERBITZ DAVID sold 9,959 shares worth $83,878.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.40, from 1.32 in 2017Q2. It is negative, as 47 investors sold P shares while 59 reduced holdings. 40 funds opened positions while 58 raised stakes. 282.75 million shares or 0.59% less from 284.42 million shares in 2017Q2 were reported. Teton Advsrs Incorporated reported 75,721 shares. Group Incorporated One Trading Lp owns 110,311 shares. Clinton Grp Inc Inc Inc, New York-based fund reported 21,744 shares. Alyeska Investment Group LP has 0.32% invested in Pandora Media, Inc. (NYSE:P) for 5.17 million shares. Maplelane Capital Limited Company has 0.04% invested in Pandora Media, Inc. (NYSE:P). Boothbay Fund Management Ltd Llc holds 0.03% or 23,350 shares in its portfolio. Landscape Ltd Liability Corporation invested in 154,340 shares. Aperio Llc stated it has 24,550 shares. Hap Trading Limited Liability Corporation holds 0.22% or 594,445 shares. Slate Path Capital LP stated it has 4.16% in Pandora Media, Inc. (NYSE:P). Susquehanna Gp Ltd Liability Partnership reported 0% of its portfolio in Pandora Media, Inc. (NYSE:P). Moreover, Invesco has 0% invested in Pandora Media, Inc. (NYSE:P). New York-based Clearline Capital Lp has invested 2.72% in Pandora Media, Inc. (NYSE:P). Commonwealth Of Pennsylvania Public School Empls Retrmt invested 0.07% in Pandora Media, Inc. (NYSE:P). 5,939 are held by Us Natl Bank De.

Among 38 analysts covering Pandora Media (NYSE:P), 11 have Buy rating, 2 Sell and 25 Hold. Therefore 29% are positive. Pandora Media had 141 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 5 by Morgan Stanley. The firm earned “Hold” rating on Friday, November 3 by Suntrust Robinson. Macquarie Research maintained Pandora Media, Inc. (NYSE:P) on Monday, June 26 with “Hold” rating. As per Friday, June 9, the company rating was maintained by Wells Fargo. The stock of Pandora Media, Inc. (NYSE:P) earned “Underweight” rating by Albert Fried on Wednesday, October 26. The company was downgraded on Wednesday, August 5 by Vetr. On Friday, January 15 the stock rating was initiated by Susquehanna with “Neutral”. The stock of Pandora Media, Inc. (NYSE:P) has “Neutral” rating given on Friday, February 12 by Credit Suisse. Stifel Nicolaus maintained the shares of P in report on Friday, October 23 with “Buy” rating. As per Wednesday, October 26, the company rating was downgraded by FBR Capital.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.01, from 0.92 in 2017Q2. It turned negative, as 35 investors sold LUK shares while 150 reduced holdings. 52 funds opened positions while 117 raised stakes. 261.70 million shares or 0.63% less from 263.35 million shares in 2017Q2 were reported. Amer & Management Comm holds 300 shares or 0% of its portfolio. M&T Bancshares Corporation owns 0.01% invested in Leucadia National Corporation (NYSE:LUK) for 80,259 shares. 480,820 were accumulated by Credit Suisse Ag. Levin Strategies Lp invested in 13,000 shares. Bridgeway Capital Inc holds 0.03% or 109,400 shares. Evercore Wealth Management Limited Liability Corp holds 0.01% in Leucadia National Corporation (NYSE:LUK) or 9,333 shares. Tci Wealth Advisors owns 234 shares. The Florida-based Intrepid Capital Mngmt has invested 6.74% in Leucadia National Corporation (NYSE:LUK). West Oak invested in 881,336 shares or 13.21% of the stock. First Eagle Invest Mngmt Lc accumulated 0.01% or 211,000 shares. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma reported 0% of its portfolio in Leucadia National Corporation (NYSE:LUK). State Of Wisconsin Invest Board owns 276,119 shares. Bancorp Of Mellon Corporation invested in 11.45 million shares or 0.08% of the stock. Bessemer Group has 0% invested in Leucadia National Corporation (NYSE:LUK). Frontier Mgmt Co Ltd accumulated 0.16% or 879,912 shares.

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