Scout Investments Lowered Its Red Hat (RHT) Position as Market Value Rose; Hornbeck Offshore Svcs N (HOS) Shareholder Caspian Capital LP Increased Its Position by $586,311 as Valuation Declined

April 17, 2018 - By Michael Collier

Red Hat, Inc. (NYSE:RHT) Logo

Scout Investments Inc decreased its stake in Red Hat Inc (RHT) by 22.34% based on its latest 2017Q4 regulatory filing with the SEC. Scout Investments Inc sold 34,543 shares as the company’s stock rose 25.63% while stock markets declined. The institutional investor held 120,113 shares of the technology company at the end of 2017Q4, valued at $14.43 million, down from 154,656 at the end of the previous reported quarter. Scout Investments Inc who had been investing in Red Hat Inc for a number of months, seems to be less bullish one the $28.69 billion market cap company. The stock increased 0.98% or $1.5693 during the last trading session, reaching $162.0993. About 1.10 million shares traded. Red Hat, Inc. (NYSE:RHT) has risen 87.86% since April 17, 2017 and is uptrending. It has outperformed by 76.31% the S&P500.

Caspian Capital Lp increased its stake in Hornbeck Offshore Svcs Inc N (HOS) by 24.16% based on its latest 2017Q4 regulatory filing with the SEC. Caspian Capital Lp bought 195,437 shares as the company’s stock declined 7.79% with the market. The hedge fund held 1.00 million shares of the marine transportation company at the end of 2017Q4, valued at $3.12 million, up from 808,800 at the end of the previous reported quarter. Caspian Capital Lp who had been investing in Hornbeck Offshore Svcs Inc N for a number of months, seems to be bullish on the $132.23M market cap company. The stock increased 3.78% or $0.13 during the last trading session, reaching $3.56. About 88,850 shares traded. Hornbeck Offshore Services, Inc. (NYSE:HOS) has declined 22.31% since April 17, 2017 and is downtrending. It has underperformed by 33.86% the S&P500.

Investors sentiment decreased to 1.12 in Q4 2017. Its down 0.11, from 1.23 in 2017Q3. It is negative, as 45 investors sold RHT shares while 179 reduced holdings. 92 funds opened positions while 159 raised stakes. 159.29 million shares or 1.06% more from 157.62 million shares in 2017Q3 were reported. Jane Street Group Limited Liability Company invested in 0% or 13,674 shares. Price T Rowe Assoc Md invested 0.42% in Red Hat, Inc. (NYSE:RHT). Public Employees Retirement Sys Of Ohio has invested 0.12% in Red Hat, Inc. (NYSE:RHT). Lombard Odier Asset (Switzerland) invested 0.03% in Red Hat, Inc. (NYSE:RHT). California-based Gemmer Asset Mngmt Limited has invested 0% in Red Hat, Inc. (NYSE:RHT). Cornerstone Advsrs Inc reported 108 shares. Royal State Bank Of Canada owns 601,857 shares or 0.03% of their US portfolio. Martingale Asset Management Lp reported 15,435 shares stake. Atlantic Tru Grp Inc Ltd Liability Corp reported 135,102 shares. Principal Financial Gru reported 0.04% stake. Baker Avenue Asset Mngmt Lp accumulated 0.02% or 2,000 shares. 614,420 are held by Cap Counsel Limited New York. 7,073 were accumulated by Liberty Mutual Grp Asset Management. Citadel Advisors Ltd Liability owns 21,532 shares. Washington Tru reported 1.21% stake.

Analysts await Red Hat, Inc. (NYSE:RHT) to report earnings on June, 19. They expect $0.49 earnings per share, up 22.50% or $0.09 from last year’s $0.4 per share. RHT’s profit will be $86.73M for 82.70 P/E if the $0.49 EPS becomes a reality. After $0.73 actual earnings per share reported by Red Hat, Inc. for the previous quarter, Wall Street now forecasts -32.88% negative EPS growth.

Scout Investments Inc, which manages about $31.17B and $4.05B US Long portfolio, upped its stake in Aerojet Rocketdyne Hldgs Inc by 48,203 shares to 758,529 shares, valued at $23.67M in 2017Q4, according to the filing. It also increased its holding in Cms Energy Corporation (NYSE:CMS) by 556,492 shares in the quarter, for a total of 707,679 shares, and has risen its stake in Textron Inc. (NYSE:TXT).

Among 39 analysts covering Red Hat (NYSE:RHT), 28 have Buy rating, 1 Sell and 10 Hold. Therefore 72% are positive. Red Hat had 134 analyst reports since August 25, 2015 according to SRatingsIntel. As per Thursday, December 22, the company rating was downgraded by Stifel Nicolaus. The stock has “Outperform” rating by RBC Capital Markets on Friday, December 18. The stock of Red Hat, Inc. (NYSE:RHT) has “Hold” rating given on Friday, September 15 by BMO Capital Markets. The firm has “Hold” rating given on Friday, August 25 by Jefferies. As per Tuesday, September 22, the company rating was maintained by Credit Suisse. Robert W. Baird maintained the stock with “Neutral” rating in Wednesday, June 21 report. The firm has “Market Outperform” rating given on Tuesday, March 27 by JMP Securities. The stock of Red Hat, Inc. (NYSE:RHT) earned “Sell” rating by Bank of America on Tuesday, October 24. The firm has “Hold” rating given on Tuesday, March 27 by Jefferies. As per Wednesday, December 13, the company rating was maintained by Mizuho.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.65, from 0.48 in 2017Q3. It improved, as 8 investors sold HOS shares while 15 reduced holdings. 10 funds opened positions while 16 raised stakes. 22.79 million shares or 16.86% less from 27.41 million shares in 2017Q3 were reported. Solus Alternative Asset Mgmt Lp stated it has 1.98% in Hornbeck Offshore Services, Inc. (NYSE:HOS). Dc Advsr stated it has 2.08% of its portfolio in Hornbeck Offshore Services, Inc. (NYSE:HOS). Dimensional Fund Ltd Partnership reported 0% stake. Moreover, Vertex One Asset Mngmt has 0.09% invested in Hornbeck Offshore Services, Inc. (NYSE:HOS). Veritable Limited Partnership stated it has 56,205 shares or 0% of all its holdings. Teachers Retirement Systems Of The State Of Kentucky owns 8,400 shares. Tower Ltd Co (Trc) holds 0% or 3,333 shares. 2,508 are held by Bnp Paribas Arbitrage Sa. California Employees Retirement Sys accumulated 656,630 shares or 0% of the stock. Live Your Vision Ltd Liability Corp invested 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS). Cyrus Cap LP invested in 3.58M shares. 47,900 were reported by Quantitative Ltd Llc. Goldman Sachs Gp invested in 0% or 36,059 shares. Wells Fargo Mn accumulated 37,570 shares. Moreover, Alpine Global Management Ltd Liability has 0.02% invested in Hornbeck Offshore Services, Inc. (NYSE:HOS).

Among 12 analysts covering Hornbeck Offshore (NYSE:HOS), 1 have Buy rating, 3 Sell and 8 Hold. Therefore 8% are positive. Hornbeck Offshore had 20 analyst reports since August 5, 2015 according to SRatingsIntel. Barclays Capital downgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) rating on Wednesday, April 20. Barclays Capital has “Equal-Weight” rating and $11 target. Clarckson Platou upgraded the stock to “Neutral” rating in Friday, May 13 report. The stock has “Underperform” rating by Credit Suisse on Friday, January 12. The firm has “Sector Outperform” rating given on Friday, February 19 by Howard Weil. Morgan Stanley upgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) on Wednesday, April 20 to “Equal-Weight” rating. Clarkson Platou downgraded the shares of HOS in report on Tuesday, March 8 to “Sell” rating. The rating was maintained by Cowen & Co on Thursday, October 6 with “Market Perform”. The stock of Hornbeck Offshore Services, Inc. (NYSE:HOS) has “Sector Weight” rating given on Friday, October 9 by KeyBanc Capital Markets. Iberia Capital Partners downgraded the stock to “Underperform” rating in Friday, August 5 report. IBERIA Capital Partners downgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) on Friday, October 30 to “Sector Perform” rating.

Hornbeck Offshore Services, Inc. (NYSE:HOS) Institutional Positions Chart

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