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Bbva Banco Frances (BFR) Holder Inca Investments Increased Its Stake by $7.02 Million; At&T (T) Shareholder U S Global Investors Trimmed Its Holding by $349,830 as Market Value Declined

U S Global Investors Inc decreased its stake in At&T Inc (T) by 74.94% based on its latest 2017Q3 regulatory filing with the SEC. U S Global Investors Inc sold 8,970 shares as the company’s stock declined 7.81% while stock markets rallied. The institutional investor held 3,000 shares of the telecommunications equipment company at the end of 2017Q3, valued at $117,000, down from 11,970 at the end of the previous reported quarter. U S Global Investors Inc who had been investing in At&T Inc for a number of months, seems to be less bullish one the $240.59B market cap company. The stock increased 4.65% or $1.74 during the last trading session, reaching $39.19. About 42.52M shares traded or 25.64% up from the average. AT&T Inc. (NYSE:T) has declined 0.52% since February 1, 2017 and is downtrending. It has underperformed by 17.22% the S&P500.

Inca Investments Llc increased its stake in Bbva Banco Frances (BFR) by 145.74% based on its latest 2017Q3 regulatory filing with the SEC. Inca Investments Llc bought 350,974 shares as the company’s stock declined 6.38% while stock markets rallied. The institutional investor held 591,800 shares of the commercial banks company at the end of 2017Q3, valued at $12.07M, up from 240,826 at the end of the previous reported quarter. Inca Investments Llc who had been investing in Bbva Banco Frances for a number of months, seems to be bullish on the $5.58B market cap company. The stock decreased 1.58% or $0.4 during the last trading session, reaching $24.89. About 107,046 shares traded. BBVA Banco Francés S.A. (NYSE:BFR) has declined 5.21% since February 1, 2017 and is downtrending. It has underperformed by 21.91% the S&P500.

Among 3 analysts covering BBVA Banco Frances SA (NYSE:BFR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. BBVA Banco Frances SA had 4 analyst reports since November 12, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, November 27 by Citigroup. On Tuesday, March 29 the stock rating was initiated by Credit Suisse with “Underperform”. Credit Suisse upgraded the stock to “Buy” rating in Tuesday, June 13 report. On Thursday, November 12 the stock rating was downgraded by Raymond James to “Market Perform”.

Inca Investments Llc, which manages about $558.00M and $465.59 million US Long portfolio, decreased its stake in Itau Unibanco Hdg Sa (NYSE:ITUB) by 361,000 shares to 4.06M shares, valued at $55.65M in 2017Q3, according to the filing. It also reduced its holding in Banco Bradesco (NYSE:BBD) by 188,000 shares in the quarter, leaving it with 2.18 million shares, and cut its stake in Companhia Brasileira Dist (NYSE:CBD).

U S Global Investors Inc, which manages about $845.00M and $272.08M US Long portfolio, upped its stake in Sandstorm Gold Ltd (NYSEMKT:SAND) by 593,900 shares to 600,000 shares, valued at $2.72 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (EPOL) by 11,700 shares in the quarter, for a total of 29,450 shares, and has risen its stake in Pretium Res Inc (NYSE:PVG).

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