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Perritt Capital Management Stake in Systemax (SYX) Lowered by $330,000; Corecommodity Management Trimmed Continental Resources (CLR) Position by $924,768 as Market Value Rose

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Corecommodity Management Llc decreased its stake in Continental Resources Inc (CLR) by 39.66% based on its latest 2017Q4 regulatory filing with the SEC. Corecommodity Management Llc sold 17,784 shares as the company’s stock rose 10.33% while stock markets declined. The institutional investor held 27,060 shares of the energy company at the end of 2017Q4, valued at $1.43M, down from 44,844 at the end of the previous reported quarter. Corecommodity Management Llc who had been investing in Continental Resources Inc for a number of months, seems to be less bullish one the $23.07 billion market cap company. The stock increased 0.21% or $0.13 during the last trading session, reaching $61.99. About 500,419 shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 34.29% since April 16, 2017 and is uptrending. It has outperformed by 22.74% the S&P500.

Perritt Capital Management Inc decreased its stake in Systemax Inc (SYX) by 28.57% based on its latest 2017Q4 regulatory filing with the SEC. Perritt Capital Management Inc sold 10,000 shares as the company’s stock declined 3.60% with the market. The institutional investor held 25,000 shares of the catalog and specialty distribution company at the end of 2017Q4, valued at $832,000, down from 35,000 at the end of the previous reported quarter. Perritt Capital Management Inc who had been investing in Systemax Inc for a number of months, seems to be less bullish one the $1.06B market cap company. The stock increased 0.67% or $0.19 during the last trading session, reaching $28.45. About 35,972 shares traded. Systemax Inc. (NYSE:SYX) has risen 207.79% since April 16, 2017 and is uptrending. It has outperformed by 196.24% the S&P500.

Corecommodity Management Llc, which manages about $5.19B and $120.71M US Long portfolio, upped its stake in Eqt Corp (NYSE:EQT) by 5,922 shares to 10,329 shares, valued at $588,000 in 2017Q4, according to the filing. It also increased its holding in First Majestic Silver Corp (NYSE:AG) by 101,071 shares in the quarter, for a total of 120,107 shares, and has risen its stake in Pan American Silver Corp (NASDAQ:PAAS).

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.28, from 0.77 in 2017Q3. It increased, as 24 investors sold CLR shares while 109 reduced holdings. 55 funds opened positions while 85 raised stakes. 81.44 million shares or 1.67% less from 82.82 million shares in 2017Q3 were reported. Point72 Asia (Hong Kong) Ltd, Hong Kong-based fund reported 111 shares. Hellman Jordan Management Company Incorporated Ma has invested 1.16% in Continental Resources, Inc. (NYSE:CLR). Meiji Yasuda Asset Limited stated it has 5,800 shares or 0.03% of all its holdings. State Of Tennessee Treasury Department holds 320,700 shares or 0.08% of its portfolio. Miles Capital Inc holds 3,852 shares. Tortoise Capital Advisors Ltd Limited Liability Company holds 266,775 shares. Winfield Assocs stated it has 85 shares or 0% of all its holdings. Blair William And Il owns 119,909 shares or 0.04% of their US portfolio. Vr Advisory Svcs holds 0.53% in Continental Resources, Inc. (NYSE:CLR) or 19,000 shares. Daiwa Securities Gp holds 0% or 2,550 shares. Element Management Limited Com reported 330,542 shares or 0.43% of all its holdings. 264,959 are owned by Cap Advsrs Ok. Allen Investment Mngmt Limited Liability Com owns 20,513 shares for 0.05% of their portfolio. Alyeska Invest Lp invested 0.68% of its portfolio in Continental Resources, Inc. (NYSE:CLR). Ci Invests holds 0.04% or 75,850 shares.

Among 40 analysts covering Continental Resources Inc. (NYSE:CLR), 29 have Buy rating, 0 Sell and 11 Hold. Therefore 73% are positive. Continental Resources Inc. had 161 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Continental Resources, Inc. (NYSE:CLR) earned “Equal-Weight” rating by Barclays Capital on Monday, November 9. The rating was downgraded by Capital One to “Equal-Weight” on Wednesday, April 27. Cowen & Co maintained Continental Resources, Inc. (NYSE:CLR) on Wednesday, September 27 with “Hold” rating. RBC Capital Markets maintained Continental Resources, Inc. (NYSE:CLR) on Thursday, February 15 with “Buy” rating. Nomura maintained the stock with “Buy” rating in Thursday, January 21 report. The stock of Continental Resources, Inc. (NYSE:CLR) has “Buy” rating given on Thursday, November 9 by RBC Capital Markets. The firm earned “Buy” rating on Monday, March 19 by Jefferies. Suntrust Robinson initiated the stock with “Neutral” rating in Tuesday, December 15 report. The stock has “Focus Stock” rating by Howard Weil on Friday, February 26. On Wednesday, October 14 the stock rating was maintained by Deutsche Bank with “Hold”.

Analysts await Continental Resources, Inc. (NYSE:CLR) to report earnings on May, 2. They expect $0.57 EPS, up 2,750.00% or $0.55 from last year’s $0.02 per share. CLR’s profit will be $212.08 million for 27.19 P/E if the $0.57 EPS becomes a reality. After $0.41 actual EPS reported by Continental Resources, Inc. for the previous quarter, Wall Street now forecasts 39.02% EPS growth.

Since December 13, 2017, it had 2 insider purchases, and 4 selling transactions for $240,250 activity. MONROE MARK E had sold 20,000 shares worth $958,024 on Wednesday, December 13. The insider Hart John D sold $796,950. Another trade for 6,000 shares valued at $313,635 was sold by McNabb John T II. Eissenstat Eric Spencer sold $560,192 worth of stock.

Continental Resources, Inc. (NYSE:CLR) Institutional Positions Chart

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