Long Pond Capital LP Lowered Its D R Horton (Call) (DHI) Stake as Share Price Declined; As Zagg (ZAGG) Stock Declined, Shareholder Tieton Capital Management Trimmed Its Position by $5.94 Million

May 23, 2018 - By Louis Casey

ZAGG Inc (NASDAQ:ZAGG) Logo

Tieton Capital Management Llc decreased its stake in Zagg Inc (ZAGG) by 54.79% based on its latest 2017Q4 regulatory filing with the SEC. Tieton Capital Management Llc sold 329,750 shares as the company’s stock declined 39.25% with the market. The institutional investor held 272,127 shares of the other specialty stores company at the end of 2017Q4, valued at $5.02M, down from 601,877 at the end of the previous reported quarter. Tieton Capital Management Llc who had been investing in Zagg Inc for a number of months, seems to be less bullish one the $441.41M market cap company. The stock increased 0.48% or $0.075 during the last trading session, reaching $15.575. About 42,223 shares traded. ZAGG Inc (NASDAQ:ZAGG) has risen 88.37% since May 23, 2017 and is uptrending. It has outperformed by 76.82% the S&P500.




John Khoury decreased its stake in D R Horton Inc (Call) (DHI) by 52.83% based on its latest 2017Q4 regulatory filing with the SEC. Long Pond Capital Lp sold 2.30M shares as the company’s stock declined 13.89% with the market. The hedge fund run by John Khoury held 2.05M shares of the capital goods company at the end of 2017Q4, valued at $104.88M, down from 4.35 million at the end of the previous reported quarter. Long Pond Capital Lp who had been investing in D R Horton Inc (Call) for a number of months, seems to be less bullish one the $15.72 billion market cap company. The stock increased 1.93% or $0.79 during the last trading session, reaching $41.66. About 979,547 shares traded. D.R. Horton, Inc. (NYSE:DHI) has risen 32.44% since May 23, 2017 and is uptrending. It has outperformed by 20.89% the S&P500.

More notable recent ZAGG Inc (NASDAQ:ZAGG) news were published by: Globenewswire.com which released: “InvisibleShield Partners with CPR Cell Phone Repair to Sell Screen Protection and Provide Screen Protection Warranty …” on May 17, 2018, also Seekingalpha.com with their article: “Zagg soars after record Q1 sales” published on May 09, 2018, Streetinsider.com published: “Pre-Open Stock Movers 05/09: (TRIP) (ZAGG) (AAXN) Higher; (EXTR) (CSTE) (AAOI) Lower (more…)” on May 09, 2018. More interesting news about ZAGG Inc (NASDAQ:ZAGG) were released by: Nasdaq.com and their article: “Why Shares of ZAGG Inc. Rocketed Higher Today” published on May 09, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Day Market Update: Crude Oil Up Over 3%; Extreme Networks Shares Plummet” with publication date: May 09, 2018.

Among 8 analysts covering ZAGG (NASDAQ:ZAGG), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. ZAGG had 23 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, November 2 by Northland Capital. The firm earned “Buy” rating on Wednesday, November 2 by Wunderlich. The firm earned “Neutral” rating on Thursday, March 8 by B. Riley & Co. On Tuesday, October 17 the stock rating was maintained by Roth Capital with “Hold”. The rating was maintained by Wunderlich on Friday, June 9 with “Buy”. Northland Capital maintained ZAGG Inc (NASDAQ:ZAGG) rating on Friday, October 27. Northland Capital has “Buy” rating and $16.0 target. The company was maintained on Wednesday, August 2 by Roth Capital. Roth Capital maintained ZAGG Inc (NASDAQ:ZAGG) on Monday, March 5 with “Hold” rating. The firm has “Buy” rating by Northland Capital given on Tuesday, July 25. Craig Hallum maintained ZAGG Inc (NASDAQ:ZAGG) rating on Thursday, October 19. Craig Hallum has “Buy” rating and $23.0 target.

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.11, from 1.27 in 2017Q3. It improved, as 17 investors sold ZAGG shares while 39 reduced holdings. 41 funds opened positions while 36 raised stakes. 21.35 million shares or 2.50% less from 21.90 million shares in 2017Q3 were reported. Wedge Capital Mgmt L LP Nc has invested 0.01% in ZAGG Inc (NASDAQ:ZAGG). 225,099 were reported by Driehaus Capital Mgmt Llc. Legal General Gp Public Limited Company reported 0% of its portfolio in ZAGG Inc (NASDAQ:ZAGG). Royal Savings Bank Of Canada reported 2.71M shares or 0.02% of all its holdings. Jpmorgan Chase & Com stated it has 40,948 shares or 0% of all its holdings. Moreover, Panagora Asset Mngmt Inc has 0.01% invested in ZAGG Inc (NASDAQ:ZAGG). 21,123 are owned by Credit Suisse Ag. Acadian Asset Ltd Limited Liability Company accumulated 219,968 shares. Seizert Capital Prtn Lc reported 18,725 shares. Walleye Trading Llc owns 0% invested in ZAGG Inc (NASDAQ:ZAGG) for 7,065 shares. California-based Wells Fargo And Mn has invested 0% in ZAGG Inc (NASDAQ:ZAGG). Teton Inc accumulated 0.15% or 88,600 shares. Assetmark invested in 0% or 18 shares. Caxton Associates Lp owns 10,517 shares or 0.01% of their US portfolio. Lazard Asset Management Limited Liability Co reported 18,328 shares stake.

Analysts await ZAGG Inc (NASDAQ:ZAGG) to report earnings on August, 7. They expect $0.17 earnings per share, up 41.67% or $0.05 from last year’s $0.12 per share. ZAGG’s profit will be $4.82 million for 22.90 P/E if the $0.17 EPS becomes a reality. After $0.24 actual earnings per share reported by ZAGG Inc for the previous quarter, Wall Street now forecasts -29.17% negative EPS growth.

Since May 11, 2018, it had 0 insider buys, and 1 sale for $269,412 activity.

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.18, from 0.86 in 2017Q3. It is positive, as 26 investors sold DHI shares while 204 reduced holdings. 94 funds opened positions while 146 raised stakes. 304.15 million shares or 1.25% less from 308.00 million shares in 2017Q3 were reported. Cannell Peter B And invested in 0.06% or 35,125 shares. Exchange Cap Incorporated holds 244 shares. Hanseatic Mngmt Serv Inc invested 0.65% in D.R. Horton, Inc. (NYSE:DHI). Cleararc Cap Inc holds 0.06% or 8,701 shares. Mirae Asset Company holds 43,350 shares or 0.03% of its portfolio. 16,320 were reported by Pettee Investors. Highbridge Ltd has 15,697 shares. Zwj Invest Counsel holds 0.02% of its portfolio in D.R. Horton, Inc. (NYSE:DHI) for 4,100 shares. Advisor Ptnrs Limited Liability Company stated it has 0.07% of its portfolio in D.R. Horton, Inc. (NYSE:DHI). Moreover, Captrust Fincl has 0% invested in D.R. Horton, Inc. (NYSE:DHI) for 523 shares. Laurion Cap Mgmt LP has invested 0% of its portfolio in D.R. Horton, Inc. (NYSE:DHI). 1.20M were reported by Schwab Charles Inc. Mufg Americas Corp invested in 0% or 409 shares. 18,974 are held by Thomas White. Gateway Inv Advisers Limited Company owns 18,552 shares.

Among 25 analysts covering DR Horton Inc (NYSE:DHI), 16 have Buy rating, 0 Sell and 9 Hold. Therefore 64% are positive. DR Horton Inc had 78 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, November 10 by RBC Capital Markets. The stock of D.R. Horton, Inc. (NYSE:DHI) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The company was maintained on Wednesday, March 21 by Keefe Bruyette & Woods. The rating was maintained by RBC Capital Markets on Monday, October 30 with “Buy”. Barclays Capital upgraded the stock to “Overweight” rating in Monday, March 26 report. Keefe Bruyette & Woods maintained D.R. Horton, Inc. (NYSE:DHI) on Thursday, October 19 with “Buy” rating. The stock of D.R. Horton, Inc. (NYSE:DHI) earned “Equalweight” rating by Barclays Capital on Thursday, April 7. On Friday, June 30 the stock rating was upgraded by Raymond James to “Outperform”. The stock has “Buy” rating by Vetr on Tuesday, September 22. The rating was downgraded by FBN Securities on Monday, April 18 to “Underperform”.

Since February 1, 2018, it had 0 buys, and 17 insider sales for $3.24 million activity. Another trade for 3,423 shares valued at $143,213 was made by Hewatt Michael W on Thursday, March 1. 940 D.R. Horton, Inc. (NYSE:DHI) shares with value of $40,104 were sold by Allen Barbara K. $224,384 worth of D.R. Horton, Inc. (NYSE:DHI) was sold by Auld David V. Another trade for 2,598 shares valued at $109,505 was sold by Murray Michael J. HORTON DONALD R had sold 10,523 shares worth $474,147.

Analysts await D.R. Horton, Inc. (NYSE:DHI) to report earnings on July, 25. They expect $1.06 EPS, up 39.47% or $0.30 from last year’s $0.76 per share. DHI’s profit will be $400.06 million for 9.83 P/E if the $1.06 EPS becomes a reality. After $0.91 actual EPS reported by D.R. Horton, Inc. for the previous quarter, Wall Street now forecasts 16.48% EPS growth.

Another recent and important D.R. Horton, Inc. (NYSE:DHI) news was published by Seekingalpha.com which published an article titled: “Will Rising Rates Hurt DR Horton And Other Homebuilders?” on May 16, 2018.

D.R. Horton, Inc. (NYSE:DHI) Institutional Positions Chart

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