Market News

Pacific Global Investment Management Company Lowered Sonic Automotive (A) (SAH) Holding By $307,000; PPC LTD AMERICAN DEPOSITARY RECEIPTS (PPCLY) Shorts Up By 3591.67%

PPC LTD AMERICAN DEPOSITARY RECEIPTS (OTCMKTS:PPCLY) had an increase of 3591.67% in short interest. PPCLY’s SI was 88,600 shares in February as released by FINRA. Its up 3591.67% from 2,400 shares previously. With 28,000 avg volume, 3 days are for PPC LTD AMERICAN DEPOSITARY RECEIPTS (OTCMKTS:PPCLY)’s short sellers to cover PPCLY’s short positions. The SI to PPC LTD AMERICAN DEPOSITARY RECEIPTS’s float is 0.01%. The stock increased 2.99% or $0.04 during the last trading session, reaching $1.38. About 2,206 shares traded. PPC Ltd (OTCMKTS:PPCLY) has 0.00% since February 23, 2017 and is . It has underperformed by 16.70% the S&P500.

Pacific Global Investment Management Company decreased Sonic Automotive Inc (A) (SAH) stake by 8.87% reported in 2017Q3 SEC filing. Pacific Global Investment Management Company sold 15,350 shares as Sonic Automotive Inc (A) (SAH)’s stock declined 21.47%. The Pacific Global Investment Management Company holds 157,646 shares with $3.22 million value, down from 172,996 last quarter. Sonic Automotive Inc (A) now has $866.07 million valuation. It closed at $20.05 lastly. It is down 13.17% since February 23, 2017 and is uptrending. It has underperformed by 3.53% the S&P500.

Among 7 analysts covering Sonic Automotive (NYSE:SAH), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Sonic Automotive had 17 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Sonic Automotive, Inc. (NYSE:SAH) has “Neutral” rating given on Monday, November 9 by Goldman Sachs. The rating was upgraded by Bank of America on Monday, January 8 to “Hold”. The stock of Sonic Automotive, Inc. (NYSE:SAH) earned “Buy” rating by Sidoti on Thursday, January 21. The stock has “Underperform” rating by Bank of America on Thursday, October 19. On Monday, April 11 the stock rating was initiated by Jefferies with “Hold”. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, October 3. The firm earned “Hold” rating on Thursday, August 27 by Zacks. The rating was downgraded by Bank of America to “Neutral” on Thursday, February 23. The company was downgraded on Tuesday, January 10 by CL King. The firm earned “Hold” rating on Wednesday, July 19 by Jefferies.

Analysts await Sonic Automotive, Inc. (NYSE:SAH) to report earnings on February, 27 before the open. They expect $0.79 EPS, up 19.70% or $0.13 from last year’s $0.66 per share. SAH’s profit will be $34.12M for 6.34 P/E if the $0.79 EPS becomes a reality. After $0.40 actual EPS reported by Sonic Automotive, Inc. for the previous quarter, Wall Street now forecasts 97.50% EPS growth.

Investors sentiment increased to 0.88 in 2017 Q3. Its up 0.01, from 0.87 in 2017Q2. It increased, as 18 investors sold SAH shares while 38 reduced holdings. 19 funds opened positions while 30 raised stakes. 26.71 million shares or 0.53% less from 26.85 million shares in 2017Q2 were reported. Manufacturers Life The stated it has 20,482 shares or 0% of all its holdings. 28,000 are held by State Common Retirement Fund. Tower Research Cap Limited Co (Trc) owns 2,475 shares for 0% of their portfolio. Riverhead Capital Mngmt Ltd Llc has 0% invested in Sonic Automotive, Inc. (NYSE:SAH). Brandywine Glob Mngmt Limited Liability invested in 0.01% or 112,275 shares. Prudential Financial Inc holds 425,530 shares. Employees Retirement Association Of Colorado has invested 0% in Sonic Automotive, Inc. (NYSE:SAH). Morgan Stanley, New York-based fund reported 219,423 shares. Public Sector Pension Invest Board holds 0% or 16,665 shares. Dimensional Fund Advsrs Ltd Partnership reported 2.65M shares. Panagora Asset Management reported 257 shares or 0% of all its holdings. Moreover, Schwab Charles Inv Management has 0.01% invested in Sonic Automotive, Inc. (NYSE:SAH) for 398,712 shares. Goldman Sachs Gp stated it has 0% in Sonic Automotive, Inc. (NYSE:SAH). Vanguard Grp Inc Inc holds 0% or 2.35M shares in its portfolio. Quantbot Techs LP has invested 0.01% in Sonic Automotive, Inc. (NYSE:SAH).

Leave a Reply

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