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Groesbeck Investment Management Has Raised Its Scripps Networks Interact Incl (SNI) Position; Century Capital Management Has Decreased Simpson Manufacturing Co (SSD) Position by $706,834 as Market Valuation Declined

Century Capital Management Llc decreased its stake in Simpson Manufacturing Co Inc (SSD) by 61.48% based on its latest 2017Q2 regulatory filing with the SEC. Century Capital Management Llc sold 16,438 shares as the company’s stock declined 7.58% while stock markets rallied. The institutional investor held 10,298 shares of the capital goods company at the end of 2017Q2, valued at $450,000, down from 26,736 at the end of the previous reported quarter. Century Capital Management Llc who had been investing in Simpson Manufacturing Co Inc for a number of months, seems to be less bullish one the $2.72 billion market cap company. The stock increased 2.00% or $1.13 during the last trading session, reaching $57.49. About 420,152 shares traded or 78.26% up from the average. Simpson Manufacturing Co., Inc. (NYSE:SSD) has risen 9.03% since December 16, 2016 and is uptrending. It has underperformed by 7.67% the S&P500.

Groesbeck Investment Management Corp increased its stake in Scripps Networks Interact Incl (SNI) by 67.43% based on its latest 2017Q2 regulatory filing with the SEC. Groesbeck Investment Management Corp bought 18,160 shares as the company’s stock declined 10.51% while stock markets rallied. The institutional investor held 45,090 shares of the consumer services company at the end of 2017Q2, valued at $3.08M, up from 26,930 at the end of the previous reported quarter. Groesbeck Investment Management Corp who had been investing in Scripps Networks Interact Incl for a number of months, seems to be bullish on the $10.81B market cap company. The stock increased 2.17% or $1.77 during the last trading session, reaching $83.21. About 1.46 million shares traded or 44.97% up from the average. Scripps Networks Interactive, Inc. (NYSE:SNI) has risen 9.83% since December 16, 2016 and is uptrending. It has underperformed by 6.87% the S&P500.

Analysts await Simpson Manufacturing Co., Inc. (NYSE:SSD) to report earnings on February, 1. They expect $0.40 earnings per share, up 11.11% or $0.04 from last year’s $0.36 per share. SSD’s profit will be $18.93 million for 35.93 P/E if the $0.40 EPS becomes a reality. After $0.59 actual earnings per share reported by Simpson Manufacturing Co., Inc. for the previous quarter, Wall Street now forecasts -32.20% negative EPS growth.

Century Capital Management Llc, which manages about $3.02 billion and $581.23M US Long portfolio, upped its stake in Lkq Corp. (NASDAQ:LKQ) by 37,449 shares to 106,737 shares, valued at $3.52M in 2017Q2, according to the filing. It also increased its holding in American Eagle Outfitters (NYSE:AEO) by 48,563 shares in the quarter, for a total of 209,413 shares, and has risen its stake in Cathay General Bancorp (NASDAQ:CATY).

Among 3 analysts covering Simpson Manufacturing (NYSE:SSD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Simpson Manufacturing had 5 analyst reports since September 9, 2016 according to SRatingsIntel. The stock of Simpson Manufacturing Co., Inc. (NYSE:SSD) earned “Outperform” rating by Robert W. Baird on Tuesday, October 31. The stock of Simpson Manufacturing Co., Inc. (NYSE:SSD) has “Buy” rating given on Tuesday, October 31 by DA Davidson. Sidoti initiated Simpson Manufacturing Co., Inc. (NYSE:SSD) on Friday, September 9 with “Neutral” rating. The firm has “Hold” rating given on Thursday, October 19 by Robert W. Baird. DA Davidson downgraded it to “Hold” rating and $60.0 target in Thursday, December 14 report.

Investors sentiment increased to 1.45 in Q2 2017. Its up 0.20, from 1.25 in 2017Q1. It improved, as 16 investors sold SSD shares while 46 reduced holdings. 26 funds opened positions while 64 raised stakes. 38.46 million shares or 0.47% less from 38.64 million shares in 2017Q1 were reported. Wells Fargo Mn reported 1.62M shares or 0.02% of all its holdings. 19,359 are held by American Century Companies. Shufro Rose And Limited Liability Company holds 0.08% or 16,380 shares. 24,420 were accumulated by Thrivent For Lutherans. State Of Tennessee Treasury Department holds 37,975 shares or 0.01% of its portfolio. Sei Invests holds 0% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 83 shares. 642,540 were reported by Fmr Ltd Com. Paloma Ptnrs Mgmt Co accumulated 5,200 shares. Seabridge Investment Advsrs Ltd reported 162,138 shares. New York State Common Retirement Fund stated it has 0% in Simpson Manufacturing Co., Inc. (NYSE:SSD). First Manhattan Company reported 600 shares or 0% of all its holdings. Envestnet Asset Mngmt holds 0% or 7,429 shares. Glenmede Trust Na has 1,300 shares for 0% of their portfolio. Ameriprise Fin invested in 524,529 shares. Metropolitan Life Ins Company holds 28,454 shares or 0.01% of its portfolio.

Since June 16, 2017, it had 0 buys, and 18 insider sales for $14.60 billion activity. SIMPSON PSB FUND sold $4.79 million worth of stock. $76,714 worth of Simpson Manufacturing Co., Inc. (NYSE:SSD) was sold by Dankel Roger on Tuesday, December 12.

Investors sentiment decreased to 1.21 in 2017 Q2. Its down 0.09, from 1.3 in 2017Q1. It turned negative, as 58 investors sold SNI shares while 132 reduced holdings. 54 funds opened positions while 175 raised stakes. 94.78 million shares or 9.39% more from 86.65 million shares in 2017Q1 were reported. Aviva Public Limited Company holds 0.02% or 48,619 shares. Whittier Tru Co stated it has 400 shares or 0% of all its holdings. Advsr Asset holds 10,046 shares. 211,885 were reported by Hallmark Cap Inc. Sirios Capital Mngmt Limited Partnership holds 1.65% or 485,175 shares in its portfolio. Farr Miller And Washington Dc reported 3,406 shares. 3,585 were reported by Homrich & Berg. Balyasny Asset Management Ltd Com has invested 0% in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Massachusetts-based Peddock Cap Advisors has invested 0.21% in Scripps Networks Interactive, Inc. (NASDAQ:SNI). St Germain D J has invested 0.52% in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Chevy Chase Hldg owns 84,574 shares for 0.03% of their portfolio. Legal And General Group Incorporated Public Limited Co holds 0.02% in Scripps Networks Interactive, Inc. (NASDAQ:SNI) or 389,801 shares. Pinebridge Invs Ltd Partnership holds 0.15% in Scripps Networks Interactive, Inc. (NASDAQ:SNI) or 82,130 shares. Glenmede Na reported 22,693 shares. Moreover, Lateef Inv Mgmt Ltd Partnership has 0.86% invested in Scripps Networks Interactive, Inc. (NASDAQ:SNI).

Groesbeck Investment Management Corp, which manages about $250.00 million and $135.09 million US Long portfolio, decreased its stake in Dupont Fabros Technology Incco (NYSE:DFT) by 21,476 shares to 33,635 shares, valued at $2.06 million in 2017Q2, according to the filing. It also reduced its holding in Enterprise Prods Partners (NYSE:EPD) by 92,415 shares in the quarter, leaving it with 51,518 shares, and cut its stake in Blue Cap Reins Hldgs Ltd Com (NYSE:BCRH).

Since August 8, 2017, it had 0 insider buys, and 1 insider sale for $101,795 activity.

Among 19 analysts covering Scripps Networks (NYSE:SNI), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Scripps Networks had 51 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Scripps Networks Interactive, Inc. (NASDAQ:SNI) earned “Hold” rating by Cowen & Co on Tuesday, October 10. The rating was downgraded by Goldman Sachs to “Sell” on Monday, October 5. The rating was maintained by Cowen & Co with “Hold” on Friday, July 7. The firm has “Hold” rating given on Tuesday, June 6 by RBC Capital Markets. Jefferies maintained Scripps Networks Interactive, Inc. (NASDAQ:SNI) on Wednesday, September 6 with “Hold” rating. Argus Research downgraded Scripps Networks Interactive, Inc. (NASDAQ:SNI) on Tuesday, August 1 to “Hold” rating. The stock has “Hold” rating by KeyBanc Capital Markets on Friday, August 25. The firm has “Neutral” rating by Citigroup given on Wednesday, March 23. As per Thursday, August 24, the company rating was maintained by Morgan Stanley. The stock of Scripps Networks Interactive, Inc. (NASDAQ:SNI) earned “Hold” rating by Citigroup on Tuesday, August 1.

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