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Senator Investment Group LP Has Lowered Its Position in Delta Air Lines Del (DAL) as Stock Declined; Crown Holdings (CCK) Stock Rose While Grand Jean Capital Management Has Decreased Its Position by $347,982

Grand Jean Capital Management Inc decreased its stake in Crown Holdings Inc (CCK) by 2.67% based on its latest 2017Q3 regulatory filing with the SEC. Grand Jean Capital Management Inc sold 5,898 shares as the company’s stock rose 6.12% with the market. The institutional investor held 214,881 shares of the consumer durables company at the end of 2017Q3, valued at $12.83 million, down from 220,779 at the end of the previous reported quarter. Grand Jean Capital Management Inc who had been investing in Crown Holdings Inc for a number of months, seems to be less bullish one the $7.77 billion market cap company. The stock increased 1.05% or $0.6 during the last trading session, reaching $57.89. About 1.44 million shares traded or 9.63% up from the average. Crown Holdings, Inc. (NYSE:CCK) has risen 7.50% since January 20, 2017 and is uptrending. It has underperformed by 9.20% the S&P500.

Doug Silverman decreased its stake in Delta Air Lines Inc Del (DAL) by 73.35% based on its latest 2017Q3 regulatory filing with the SEC. Senator Investment Group Lp sold 2.75 million shares as the company’s stock declined 5.91% while stock markets rallied. The hedge fund run by Doug Silverman held 999,190 shares of the transportation company at the end of 2017Q3, valued at $48.18M, down from 3.75 million at the end of the previous reported quarter. Senator Investment Group Lp who had been investing in Delta Air Lines Inc Del for a number of months, seems to be less bullish one the $42.62B market cap company. The stock increased 0.94% or $0.56 during the last trading session, reaching $60.01. About 6.19 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since January 20, 2017 and is uptrending. It has underperformed by 4.87% the S&P500.

Analysts await Crown Holdings, Inc. (NYSE:CCK) to report earnings on February, 1. They expect $0.79 earnings per share, up 11.27% or $0.08 from last year’s $0.71 per share. CCK’s profit will be $106.07M for 18.32 P/E if the $0.79 EPS becomes a reality. After $1.41 actual earnings per share reported by Crown Holdings, Inc. for the previous quarter, Wall Street now forecasts -43.97% negative EPS growth.

Among 15 analysts covering Crown Holdings (NYSE:CCK), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Crown Holdings had 43 analyst reports since July 22, 2015 according to SRatingsIntel. On Wednesday, December 20 the stock rating was upgraded by Vertical Research to “Buy”. The firm earned “Buy” rating on Monday, September 25 by RBC Capital Markets. The firm earned “Neutral” rating on Tuesday, April 19 by Credit Suisse. As per Monday, April 25, the company rating was downgraded by Vertical Research. The rating was maintained by RBC Capital Markets on Tuesday, October 17 with “Buy”. The stock of Crown Holdings, Inc. (NYSE:CCK) has “Market Perform” rating given on Thursday, November 12 by Wells Fargo. The company was maintained on Monday, July 10 by RBC Capital Markets. Bank of America downgraded Crown Holdings, Inc. (NYSE:CCK) on Tuesday, September 15 to “Neutral” rating. TheStreet upgraded Crown Holdings, Inc. (NYSE:CCK) on Wednesday, July 22 to “Buy” rating. On Monday, July 24 the stock rating was maintained by Barclays Capital with “Overweight”.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.31, from 0.85 in 2017Q2. It increased, as 23 investors sold CCK shares while 96 reduced holdings. 43 funds opened positions while 95 raised stakes. 119.77 million shares or 0.32% less from 120.15 million shares in 2017Q2 were reported. Strs Ohio stated it has 0.09% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Mitsubishi Ufj & Bk Corp has invested 0.03% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Prudential reported 0.04% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Pinebridge Invs LP invested 0.37% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). Northstar Asset Ltd Llc holds 0.34% or 12,870 shares in its portfolio. Pennsylvania Tru Co holds 0.01% in Crown Holdings, Inc. (NYSE:CCK) or 4,200 shares. Moreover, Guggenheim Cap Lc has 0.03% invested in Crown Holdings, Inc. (NYSE:CCK) for 194,234 shares. Stillwater Advsrs Ltd Llc holds 0.08% of its portfolio in Crown Holdings, Inc. (NYSE:CCK) for 4,964 shares. 15,300 were accumulated by Art Lc. Glenmede Trust Na has invested 0.02% in Crown Holdings, Inc. (NYSE:CCK). Thompson Davis And Incorporated has 23 shares for 0% of their portfolio. 145,900 are held by Bridgeway Capital Mgmt. Fifth Third Bank & Trust stated it has 1,347 shares. Bluecrest Capital Management Ltd holds 13,707 shares or 0.03% of its portfolio. Ci Investments owns 573,961 shares.

Grand Jean Capital Management Inc, which manages about $351.43M and $278.61 million US Long portfolio, upped its stake in Cedar Fair Dep Unt L (NYSE:FUN) by 5,925 shares to 9,700 shares, valued at $622,000 in 2017Q3, according to the filing. It also increased its holding in Cadence Bancorporation by 39,976 shares in the quarter, for a total of 321,682 shares, and has risen its stake in Enterprise Product Partners (NYSE:EPD).

Senator Investment Group Lp, which manages about $11.90B and $7.52B US Long portfolio, upped its stake in Tesaro Inc (NASDAQ:TSRO) by 390,000 shares to 400,000 shares, valued at $51.64M in 2017Q3, according to the filing. It also increased its holding in Jazz Pharmaceuticals Plc (NASDAQ:JAZZ) by 300,000 shares in the quarter, for a total of 1.30 million shares, and has risen its stake in Hyatt Hotels Corp (NYSE:H).

Among 20 analysts covering Delta Air Lines (NYSE:DAL), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Air Lines had 68 analyst reports since August 3, 2015 according to SRatingsIntel. The company was downgraded on Friday, July 15 by Evercore. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Buy” rating given on Thursday, December 14 by Raymond James. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, September 22 report. The firm earned “Buy” rating on Monday, October 5 by Deutsche Bank. The firm has “Buy” rating given on Wednesday, October 5 by Buckingham Research. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Citigroup on Friday, November 18. The rating was maintained by Stifel Nicolaus on Wednesday, July 5 with “Buy”. The company was maintained on Monday, November 13 by Morgan Stanley. Deutsche Bank maintained Delta Air Lines, Inc. (NYSE:DAL) on Friday, July 14 with “Buy” rating. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Hold” rating by Deutsche Bank on Friday, April 1.

Since October 12, 2017, it had 1 insider buy, and 10 selling transactions for $23.75 million activity. $200,193 worth of Delta Air Lines, Inc. (NYSE:DAL) shares were bought by BLAKE FRANCIS S. Smith Joanne D also sold $1.82M worth of Delta Air Lines, Inc. (NYSE:DAL) shares. Another trade for 73,211 shares valued at $4.10 million was made by Bastian Edward H on Tuesday, December 19. Shares for $365,628 were sold by Sear Steven M. Jacobson Paul A sold 49,362 shares worth $2.97 million.

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