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Shoe Carnival, Inc. (SCVL) Reaches $25.27 After 5.00% Down Move; Ascend Capital Lifted Nuance Communications (NUAN) Position By $6.46 Million

Ascend Capital Llc increased Nuance Communications Inc (NUAN) stake by 58.28% reported in 2017Q3 SEC filing. Ascend Capital Llc acquired 430,653 shares as Nuance Communications Inc (NUAN)’s stock rose 11.20%. The Ascend Capital Llc holds 1.17 million shares with $18.39 million value, up from 738,979 last quarter. Nuance Communications Inc now has $4.96B valuation. The stock decreased 0.23% or $0.04 during the last trading session, reaching $17.09. About 1.86 million shares traded. Nuance Communications, Inc. (NASDAQ:NUAN) has risen 16.56% since January 14, 2017 and is uptrending. It has underperformed by 0.14% the S&P500.

The stock of Shoe Carnival, Inc. (NASDAQ:SCVL) is a huge mover today! The stock decreased 4.32% or $1.14 during the last trading session, reaching $25.27. About 264,422 shares traded. Shoe Carnival, Inc. (NASDAQ:SCVL) has declined 13.98% since January 14, 2017 and is downtrending. It has underperformed by 30.68% the S&P500.The move comes after 9 months negative chart setup for the $428.37M company. It was reported on Jan, 14 by We have $24.01 PT which if reached, will make NASDAQ:SCVL worth $21.42M less.

Shoe Carnival, Inc., together with its subsidiaries, operates as family footwear retailer in the United States. The company has market cap of $428.37 million. It provides various dress, casual, and athletic footwear products for men, women, and children, as well as accessories, including socks, belts, shoe care items, handbags, sport bags, backpacks, jewelry, scarves, and wallets. It has a 19.38 P/E ratio. As of March 23, 2017, the firm operated 411 stores in 35 states and Puerto Rico.

Analysts await Shoe Carnival, Inc. (NASDAQ:SCVL) to report earnings on March, 22. They expect $0.06 EPS, down 14.29% or $0.01 from last year’s $0.07 per share. SCVL’s profit will be $1.02 million for 105.29 P/E if the $0.06 EPS becomes a reality. After $0.66 actual EPS reported by Shoe Carnival, Inc. for the previous quarter, Wall Street now forecasts -90.91% negative EPS growth.

Among 9 analysts covering Shoe Carnival (NASDAQ:SCVL), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Shoe Carnival had 19 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Positive” rating given on Wednesday, September 20 by Susquehanna. Standpoint Research upgraded the stock to “Buy” rating in Friday, December 11 report. The stock of Shoe Carnival, Inc. (NASDAQ:SCVL) has “Neutral” rating given on Tuesday, October 3 by Sidoti. The stock of Shoe Carnival, Inc. (NASDAQ:SCVL) earned “Hold” rating by Jefferies on Thursday, September 1. The stock has “Neutral” rating by Susquehanna on Thursday, November 12. The rating was downgraded by Zacks on Tuesday, August 18 to “Buy”. Mizuho initiated Shoe Carnival, Inc. (NASDAQ:SCVL) on Thursday, December 15 with “Neutral” rating. As per Tuesday, December 19, the company rating was maintained by Wedbush. The rating was downgraded by Standpoint Research to “Hold” on Wednesday, March 30. The firm has “Buy” rating given on Wednesday, June 28 by Sidoti.

Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.28, from 1.04 in 2017Q2. It improved, as 9 investors sold Shoe Carnival, Inc. shares while 35 reduced holdings. 26 funds opened positions while 32 raised stakes. 10.82 million shares or 3.83% more from 10.43 million shares in 2017Q2 were reported. Meeder Asset Mgmt Inc holds 0% or 227 shares in its portfolio. Wells Fargo & Mn holds 0% or 14,461 shares. State Street Corp owns 347,381 shares. California State Teachers Retirement invested in 18,489 shares or 0% of the stock. Gsa Capital Prtn Llp has invested 0.02% in Shoe Carnival, Inc. (NASDAQ:SCVL). Legal & General Grp Inc Inc Pcl has 0% invested in Shoe Carnival, Inc. (NASDAQ:SCVL) for 21,316 shares. Pnc Fincl Svcs Group Inc Incorporated reported 1,086 shares. Tower Rech Cap Lc (Trc), New York-based fund reported 1,712 shares. Bnp Paribas Arbitrage reported 6,543 shares or 0% of all its holdings. 64,682 were reported by Goldman Sachs Group. Great West Life Assurance Can reported 0% in Shoe Carnival, Inc. (NASDAQ:SCVL). Invesco Limited has invested 0% in Shoe Carnival, Inc. (NASDAQ:SCVL). Eaton Vance owns 0% invested in Shoe Carnival, Inc. (NASDAQ:SCVL) for 43,000 shares. Lsv Asset Mgmt reported 440,386 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 459 shares or 0% of all its holdings.

Among 11 analysts covering Nuance Communications (NASDAQ:NUAN), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Nuance Communications had 34 analyst reports since August 7, 2015 according to SRatingsIntel. Raymond James maintained it with “Strong Buy” rating and $22 target in Wednesday, August 9 report. The rating was upgraded by Standpoint Research to “Buy” on Monday, January 18. The rating was upgraded by Morgan Stanley on Thursday, November 2 to “Overweight”. The firm earned “Overweight” rating on Friday, January 6 by Barclays Capital. The rating was upgraded by Raymond James to “Strong Buy” on Friday, November 18. Deutsche Bank maintained the shares of NUAN in report on Tuesday, August 9 with “Buy” rating. The rating was maintained by Raymond James with “Buy” on Wednesday, November 29. On Wednesday, May 11 the stock rating was maintained by Leerink Swann with “Outperform”. The rating was maintained by Oppenheimer on Wednesday, August 9 with “Buy”. The company was maintained on Tuesday, November 17 by Canaccord Genuity.

Ascend Capital Llc decreased Pfizer Inc (NYSE:PFE) stake by 954,585 shares to 64,104 valued at $2.29 million in 2017Q3. It also reduced Boyd Gaming Corp (NYSE:BYD) stake by 50,094 shares and now owns 151,576 shares. Methanex Corp (NASDAQ:MEOH) was reduced too.

Since August 1, 2017, it had 0 insider buys, and 4 selling transactions for $410,306 activity. 6,500 Nuance Communications, Inc. (NASDAQ:NUAN) shares with value of $101,262 were sold by Tempesta Daniel David. The insider Siegel Kenneth M sold 4,682 shares worth $74,912.

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