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Matrix Svc Co (MTRX) Shares Declined While Zpr Investment Management Has Decreased Its Stake; Holder Hg Vora Capital Management Has Boosted Sinclair Broadcast Group (SBGI) Position

Parag Vora increased its stake in Sinclair Broadcast Group Inc (SBGI) by 47.37% based on its latest 2017Q3 regulatory filing with the SEC. Hg Vora Capital Management Llc bought 2.25 million shares as the company’s stock declined 9.32% while stock markets rallied. The hedge fund run by Parag Vora held 7.00M shares of the consumer services company at the end of 2017Q3, valued at $224.35M, up from 4.75 million at the end of the previous reported quarter. Hg Vora Capital Management Llc who had been investing in Sinclair Broadcast Group Inc for a number of months, seems to be bullish on the $3.97B market cap company. The stock decreased 0.89% or $0.35 during the last trading session, reaching $39.05. About 1.13M shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has risen 12.28% since January 16, 2017 and is uptrending. It has underperformed by 4.42% the S&P500.

Zpr Investment Management decreased its stake in Matrix Svc Co (MTRX) by 75.11% based on its latest 2017Q3 regulatory filing with the SEC. Zpr Investment Management sold 101,023 shares as the company’s stock declined 48.70% while stock markets rallied. The institutional investor held 33,482 shares of the engineering & construction company at the end of 2017Q3, valued at $509,000, down from 134,505 at the end of the previous reported quarter. Zpr Investment Management who had been investing in Matrix Svc Co for a number of months, seems to be less bullish one the $533.63M market cap company. The stock decreased 0.25% or $0.05 during the last trading session, reaching $19.95. About 293,557 shares traded or 12.91% up from the average. Matrix Service Company (NASDAQ:MTRX) has declined 43.23% since January 16, 2017 and is downtrending. It has underperformed by 59.93% the S&P500.

Investors sentiment decreased to 1.23 in Q3 2017. Its down 0.35, from 1.58 in 2017Q2. It turned negative, as 39 investors sold SBGI shares while 58 reduced holdings. 41 funds opened positions while 78 raised stakes. 83.23 million shares or 3.94% more from 80.08 million shares in 2017Q2 were reported. Verity Asset Mngmt invested in 0.28% or 11,785 shares. Kingdon Capital Management invested 0.6% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Boothbay Fund Management Ltd Limited Liability Company stated it has 0.45% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Nomura Hldgs Inc stated it has 113,661 shares or 0.01% of all its holdings. 55,843 were reported by Manufacturers Life Ins The. 16,003 are held by Cantab Ptnrs Llp. Wells Fargo & Mn invested in 0% or 247,984 shares. Moreover, Ellington Gp Limited Liability Corp has 0.03% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Envestnet Asset Mgmt invested 0% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Blackrock owns 4.65 million shares for 0.01% of their portfolio. Morgan Stanley invested in 136,881 shares or 0% of the stock. Pennsylvania-based Brinker Incorporated has invested 0.03% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Tower Rech Capital Ltd Llc (Trc) holds 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 3,538 shares. Chicago Equity Prtn Limited Liability Com holds 0.05% or 46,700 shares in its portfolio. Invesco Ltd reported 0% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI).

Among 7 analysts covering Sinclair Broadcast Group Inc (NASDAQ:SBGI), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sinclair Broadcast Group Inc had 21 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has “Buy” rating given on Friday, October 20 by Deutsche Bank. The firm earned “Equal-Weight” rating on Wednesday, November 18 by Stephens. RBC Capital Markets maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Tuesday, September 26 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, November 10 by RBC Capital Markets. The stock of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) earned “Buy” rating by Stephens on Friday, June 2. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, August 3. The firm earned “Buy” rating on Wednesday, November 1 by RBC Capital Markets. The firm has “Buy” rating by Benchmark given on Tuesday, August 1. Wedbush maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) rating on Tuesday, September 27. Wedbush has “Outperform” rating and $36 target. The firm earned “Buy” rating on Wednesday, July 5 by RBC Capital Markets.

Investors sentiment increased to 1.2 in 2017 Q3. Its up 0.31, from 0.89 in 2017Q2. It improved, as 13 investors sold MTRX shares while 38 reduced holdings. 20 funds opened positions while 41 raised stakes. 22.74 million shares or 2.68% more from 22.15 million shares in 2017Q2 were reported. 1.71 million were reported by Lsv Asset Mngmt. Us Bank De owns 230 shares. Credit Suisse Ag owns 50,362 shares. The New Jersey-based Prudential Fincl has invested 0% in Matrix Service Company (NASDAQ:MTRX). Sg Americas Limited Liability Company reported 9,061 shares stake. Nordea Investment Mgmt invested in 0.01% or 187,631 shares. Vanguard owns 1.50M shares. California-based Hotchkis And Wiley Cap Management Limited has invested 0% in Matrix Service Company (NASDAQ:MTRX). 5,142 were accumulated by Employees Retirement Of Ohio. New York State Common Retirement Fund accumulated 27,000 shares or 0% of the stock. Jacobs Levy Equity owns 34,293 shares or 0.01% of their US portfolio. 85,000 were accumulated by Art Advsrs Lc. Louisiana State Employees Retirement holds 0.01% or 10,800 shares. Sei Invs holds 0% in Matrix Service Company (NASDAQ:MTRX) or 225 shares. Employees Retirement Association Of Colorado reported 0% stake.

Among 9 analysts covering Matrix Service (NASDAQ:MTRX), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Matrix Service had 14 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Tuesday, October 3 with “Hold”. Avondale upgraded the stock to “Mkt Outperform” rating in Friday, May 6 report. The stock has “Buy” rating by DA Davidson on Friday, September 18. The firm has “Sell” rating given on Tuesday, September 1 by Zacks. On Wednesday, January 13 the stock rating was upgraded by Citigroup to “Buy”. TheStreet upgraded the shares of MTRX in report on Wednesday, September 2 to “Buy” rating. The stock of Matrix Service Company (NASDAQ:MTRX) has “Buy” rating given on Wednesday, September 2 by Stifel Nicolaus. The stock has “Hold” rating by KeyBanc Capital Markets on Friday, August 25. The stock of Matrix Service Company (NASDAQ:MTRX) earned “Overweight” rating by Barclays Capital on Monday, June 6. The rating was downgraded by KeyBanc Capital Markets on Thursday, February 11 to “Sector Weight”.

Since December 15, 2017, it had 0 insider purchases, and 1 insider sale for $88,275 activity.

Zpr Investment Management, which manages about $201.53M and $65.89 million US Long portfolio, upped its stake in Sanmina Corporation (NASDAQ:SANM) by 16,138 shares to 48,933 shares, valued at $1.82 million in 2017Q3, according to the filing. It also increased its holding in Cirrus Logic Inc (NASDAQ:CRUS) by 20,750 shares in the quarter, for a total of 43,745 shares, and has risen its stake in Cambrex Corp (NYSE:CBM).

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