New York State Common Retirement Fund Position in Michaels Cos Inc/The (MIK) Has Cut as Share Price Declined; Tricadia Capital Management Trimmed Lyon William Homes (WLH) Position by $2.73 Million; Share Value Rose

February 16, 2018 - By Kurt Siggers

Michael Barnes decreased its stake in Lyon William Homes (WLH) by 11.22% based on its latest 2017Q3 regulatory filing with the SEC. Tricadia Capital Management Llc sold 123,876 shares as the company’s stock rose 30.37% with the market. The hedge fund run by Michael Barnes held 980,171 shares of the homebuilding company at the end of 2017Q3, valued at $22.53 million, down from 1.10 million at the end of the previous reported quarter. Tricadia Capital Management Llc who had been investing in Lyon William Homes for a number of months, seems to be less bullish one the $981.47M market cap company. The stock increased 1.73% or $0.44 during the last trading session, reaching $25.86. About 141,384 shares traded. William Lyon Homes (NYSE:WLH) has risen 65.59% since February 16, 2017 and is uptrending. It has outperformed by 48.89% the S&P500.




New York State Common Retirement Fund decreased its stake in Michaels Cos Inc/The (MIK) by 45.12% based on its latest 2017Q3 regulatory filing with the SEC. New York State Common Retirement Fund sold 223,192 shares as the company’s stock declined 4.62% while stock markets rallied. The institutional investor held 271,500 shares of the consumer services company at the end of 2017Q3, valued at $5.83M, down from 494,692 at the end of the previous reported quarter. New York State Common Retirement Fund who had been investing in Michaels Cos Inc/The for a number of months, seems to be less bullish one the $4.48 billion market cap company. The stock decreased 1.98% or $0.5 during the last trading session, reaching $24.74. About 547,406 shares traded. The Michaels Companies, Inc. (NASDAQ:MIK) has declined 29.62% since February 16, 2017 and is downtrending. It has underperformed by 46.32% the S&P500.

Among 5 analysts covering William Lyon Homes (NYSE:WLH), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. William Lyon Homes had 15 analyst reports since August 29, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, September 4 by Zacks. On Thursday, September 17 the stock rating was upgraded by Zacks to “Hold”. The stock of William Lyon Homes (NYSE:WLH) earned “Mkt Perform” rating by JMP Securities on Thursday, January 12. UBS maintained William Lyon Homes (NYSE:WLH) on Wednesday, January 17 with “Hold” rating. The firm has “Neutral” rating by UBS given on Wednesday, November 1. The rating was maintained by Wedbush on Wednesday, November 1 with “Hold”. Citigroup downgraded the shares of WLH in report on Thursday, January 4 to “Hold” rating. Wedbush initiated the shares of WLH in report on Tuesday, December 6 with “Neutral” rating. The stock has “Hold” rating by Wedbush on Friday, December 29. On Tuesday, February 21 the stock rating was maintained by Wedbush with “Neutral”.

Analysts await William Lyon Homes (NYSE:WLH) to report earnings on February, 28. They expect $0.85 EPS, up 41.67% or $0.25 from last year’s $0.6 per share. WLH’s profit will be $32.26M for 7.61 P/E if the $0.85 EPS becomes a reality. After $0.71 actual EPS reported by William Lyon Homes for the previous quarter, Wall Street now forecasts 19.72% EPS growth.

Investors sentiment decreased to 1.36 in Q3 2017. Its down 0.45, from 1.81 in 2017Q2. It is negative, as 27 investors sold MIK shares while 63 reduced holdings. 42 funds opened positions while 80 raised stakes. 187.41 million shares or 1.58% less from 190.43 million shares in 2017Q2 were reported. Zebra Capital Ltd Liability Corp stated it has 0.51% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). Cubist Systematic Strategies Ltd Limited Liability Company has 0.05% invested in The Michaels Companies, Inc. (NASDAQ:MIK). Pub Employees Retirement Of Ohio invested 0.01% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). Oregon Public Employees Retirement Fund reported 40,997 shares. Ancora Advsr holds 14,950 shares. Suntrust Banks accumulated 0.01% or 80,572 shares. 875,135 were accumulated by Bernzott Advsrs. New York-based Neuberger Berman Group Limited has invested 0% in The Michaels Companies, Inc. (NASDAQ:MIK). Advisory Net Limited Liability holds 0.01% or 3,475 shares. Kestrel Investment invested 3.23% in The Michaels Companies, Inc. (NASDAQ:MIK). Ny State Teachers Retirement System owns 25,600 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys accumulated 16,105 shares. Verition Fund Management Lc holds 30,918 shares. First Quadrant Limited Partnership Ca holds 0.41% or 994,092 shares. Ingalls & Snyder Ltd Liability Corporation has 0.54% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 480,462 shares.

Among 15 analysts covering Michaels Companies Inc (NASDAQ:MIK), 10 have Buy rating, 2 Sell and 3 Hold. Therefore 67% are positive. Michaels Companies Inc had 33 analyst reports since August 25, 2015 according to SRatingsIntel. As per Monday, October 16, the company rating was maintained by SunTrust. The stock has “Outperform” rating by Telsey Advisory Group on Thursday, January 25. The stock has “Buy” rating by Goldman Sachs on Thursday, January 21. Goldman Sachs downgraded the shares of MIK in report on Friday, May 6 to “Neutral” rating. Goldman Sachs upgraded The Michaels Companies, Inc. (NASDAQ:MIK) on Tuesday, January 16 to “Buy” rating. Deutsche Bank downgraded the stock to “Hold” rating in Tuesday, December 12 report. The firm has “Neutral” rating by PiperJaffray given on Monday, March 27. Macquarie Research maintained The Michaels Companies, Inc. (NASDAQ:MIK) rating on Friday, December 4. Macquarie Research has “Neutral” rating and $25 target. Bank of America downgraded the stock to “Neutral” rating in Friday, November 4 report. The firm has “Buy” rating given on Friday, June 16 by Bank of America.

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