Market News

Ambac Finl Group (AMBC) Position Held by Centerbridge Partners Lp; Armistice Capital Holding in Campbell Soup Co (Call) (CPB) Lifted by $920,000

Mark T. Gallogly increased its stake in Ambac Finl Group Inc (AMBC) by 4736.71% based on its latest 2017Q3 regulatory filing with the SEC. Centerbridge Partners Lp bought 771,562 shares as the company’s stock declined 26.71% while stock markets rallied. The hedge fund run by Mark T. Gallogly held 787,851 shares of the finance company at the end of 2017Q3, valued at $13.60M, up from 16,289 at the end of the previous reported quarter. Centerbridge Partners Lp who had been investing in Ambac Finl Group Inc for a number of months, seems to be bullish on the $664.29 million market cap company. The stock increased 0.41% or $0.06 during the last trading session, reaching $14.68. About 491,900 shares traded or 24.00% up from the average. Ambac Financial Group, Inc. (NASDAQ:AMBC) has risen 2.68% since February 11, 2017 and is uptrending. It has underperformed by 14.02% the S&P500.

Armistice Capital Llc increased its stake in Campbell Soup Co (Call) (CPB) by 4.17% based on its latest 2017Q3 regulatory filing with the SEC. Armistice Capital Llc bought 20,000 shares as the company’s stock declined 4.62% while stock markets rallied. The institutional investor held 500,000 shares of the packaged foods company at the end of 2017Q3, valued at $23.41M, up from 480,000 at the end of the previous reported quarter. Armistice Capital Llc who had been investing in Campbell Soup Co (Call) for a number of months, seems to be bullish on the $13.75B market cap company. The stock increased 2.01% or $0.9 during the last trading session, reaching $45.73. About 3.06 million shares traded or 10.40% up from the average. Campbell Soup Company (NYSE:CPB) has declined 12.82% since February 11, 2017 and is downtrending. It has underperformed by 29.52% the S&P500.

Armistice Capital Llc, which manages about $848.92 million US Long portfolio, decreased its stake in Antares Pharma Inc (NASDAQ:ATRS) by 1.50 million shares to 4.20 million shares, valued at $13.61M in 2017Q3, according to the filing. It also reduced its holding in Campbell Soup Co (NYSE:CPB) by 184,000 shares in the quarter, leaving it with 296,000 shares, and cut its stake in Polaris Inds Inc (NYSE:PII).

Among 16 analysts covering Campbell Soup (NYSE:CPB), 2 have Buy rating, 6 Sell and 8 Hold. Therefore 13% are positive. Campbell Soup had 53 analyst reports since July 23, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of CPB in report on Friday, August 26 with “Hold” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, September 2. The firm earned “Neutral” rating on Friday, September 4 by Citigroup. The firm earned “Hold” rating on Wednesday, October 25 by RBC Capital Markets. The stock of Campbell Soup Company (NYSE:CPB) earned “Neutral” rating by Citigroup on Friday, September 2. RBC Capital Markets maintained the stock with “Sector Perform” rating in Monday, November 28 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, November 22. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, September 4 report. Piper Jaffray maintained the shares of CPB in report on Tuesday, July 18 with “Hold” rating. Citigroup maintained Campbell Soup Company (NYSE:CPB) rating on Wednesday, December 20. Citigroup has “Hold” rating and $54.0 target.

Investors sentiment decreased to 0.98 in Q3 2017. Its down 0.01, from 0.99 in 2017Q2. It is negative, as 49 investors sold CPB shares while 153 reduced holdings. 49 funds opened positions while 148 raised stakes. 137.50 million shares or 3.69% more from 132.61 million shares in 2017Q2 were reported. Moreover, Scotia Cap has 0.01% invested in Campbell Soup Company (NYSE:CPB) for 13,631 shares. Hamilton Point Inv Lc stated it has 36,305 shares or 0.92% of all its holdings. Sumitomo Mitsui Tru Holding holds 558,687 shares or 0.04% of its portfolio. Valley National Advisers Incorporated reported 2,335 shares. Moreover, Raymond James Assoc has 0% invested in Campbell Soup Company (NYSE:CPB) for 32,080 shares. Fuller & Thaler Asset Mngmt has invested 0% in Campbell Soup Company (NYSE:CPB). Missouri-based Duncker Streett And has invested 0.03% in Campbell Soup Company (NYSE:CPB). Smithfield Trust holds 2,180 shares or 0.01% of its portfolio. Moreover, Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.05% invested in Campbell Soup Company (NYSE:CPB). Smith Moore And holds 0.09% or 6,500 shares. Cornerstone holds 471 shares or 0.02% of its portfolio. Ameriprise Financial invested in 93,472 shares. The Ontario – Canada-based Canada Pension Plan Invest Board has invested 0.03% in Campbell Soup Company (NYSE:CPB). Horrell Capital Mgmt Inc holds 0.02% of its portfolio in Campbell Soup Company (NYSE:CPB) for 750 shares. Chevy Chase Trust Hldgs has 170,816 shares.

Since October 6, 2017, it had 0 insider buys, and 2 insider sales for $420,021 activity. $312,975 worth of stock was sold by Carolan Edward on Wednesday, December 20.

Among 2 analysts covering Ambac Financial Group Inc. (NASDAQ:AMBC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Ambac Financial Group Inc. had 10 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by BTIG Research with “Buy” on Monday, January 22. The firm earned “Sell” rating on Monday, December 19 by M Partners. The stock of Ambac Financial Group, Inc. (NASDAQ:AMBC) has “Buy” rating given on Thursday, March 2 by BTIG Research. The stock of Ambac Financial Group, Inc. (NASDAQ:AMBC) has “Buy” rating given on Thursday, November 9 by BTIG Research. As per Monday, February 5, the company rating was maintained by BTIG Research. M Partners maintained the stock with “Neutral” rating in Tuesday, December 13 report. The firm has “Buy” rating given on Wednesday, June 21 by BTIG Research. The rating was upgraded by M Partners on Friday, May 12 to “Neutral”.

Leave a Reply

Your email address will not be published. Required fields are marked *