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Weitz Investment Management Cut Its Holding in National Cinemedia (NCMI) by $2.70 Million; Levy Harkins & Company Has Lowered Akamai Technologies (AKAM) Holding as Share Price Rose

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Weitz Investment Management Inc decreased its stake in National Cinemedia Inc (NCMI) by 75% based on its latest 2017Q4 regulatory filing with the SEC. Weitz Investment Management Inc sold 450,000 shares as the company’s stock declined 22.97% with the market. The institutional investor held 150,000 shares of the consumer services company at the end of 2017Q4, valued at $1.03 million, down from 600,000 at the end of the previous reported quarter. Weitz Investment Management Inc who had been investing in National Cinemedia Inc for a number of months, seems to be less bullish one the $922.53 million market cap company. The stock increased 5.60% or $0.31 during the last trading session, reaching $5.85. About 461,623 shares traded. National CineMedia, Inc. (NASDAQ:NCMI) has declined 57.75% since April 16, 2017 and is downtrending. It has underperformed by 69.30% the S&P500.

Levy Harkins & Company Inc decreased its stake in Akamai Technologies Inc. (AKAM) by 3.66% based on its latest 2017Q4 regulatory filing with the SEC. Levy Harkins & Company Inc sold 7,355 shares as the company’s stock rose 8.10% while stock markets declined. The hedge fund held 193,706 shares of the miscellaneous company at the end of 2017Q4, valued at $12.60M, down from 201,061 at the end of the previous reported quarter. Levy Harkins & Company Inc who had been investing in Akamai Technologies Inc. for a number of months, seems to be less bullish one the $12.20B market cap company. The stock increased 0.50% or $0.36 during the last trading session, reaching $71.79. About 366,041 shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has risen 12.14% since April 16, 2017 and is uptrending. It has outperformed by 0.59% the S&P500.

Among 12 analysts covering National CineMedia Inc (NASDAQ:NCMI), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. National CineMedia Inc had 28 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was upgraded by B. Riley & Co on Monday, March 19 to “Buy”. Benchmark maintained National CineMedia, Inc. (NASDAQ:NCMI) rating on Tuesday, November 8. Benchmark has “Buy” rating and $18.08 target. As per Monday, March 19, the company rating was upgraded by FBR Capital. FBR Capital downgraded National CineMedia, Inc. (NASDAQ:NCMI) on Friday, May 5 to “Market Perform” rating. Credit Suisse initiated it with “Outperform” rating and $21 target in Friday, February 5 report. Benchmark maintained the stock with “Buy” rating in Tuesday, November 10 report. The firm earned “Outperform” rating on Tuesday, November 10 by FBR Capital. The stock has “Neutral” rating by JP Morgan on Friday, May 5. The firm earned “Outperform” rating on Monday, June 13 by Credit Suisse. The stock has “Sell” rating by J.P. Morgan on Wednesday, November 8.

Weitz Investment Management Inc, which manages about $5.99 billion and $2.40 billion US Long portfolio, upped its stake in Danaher Corp Del (NYSE:DHR) by 30,000 shares to 239,870 shares, valued at $22.27 million in 2017Q4, according to the filing. It also increased its holding in Allergan Plc by 126,505 shares in the quarter, for a total of 650,315 shares, and has risen its stake in Comcast Corp New (NASDAQ:CMCSA).

Since December 11, 2017, it had 4 insider buys, and 0 insider sales for $9.37 million activity.

Analysts await National CineMedia, Inc. (NASDAQ:NCMI) to report earnings on May, 3. They expect $-0.05 EPS, up 37.50% or $0.03 from last year’s $-0.08 per share. After $0.27 actual EPS reported by National CineMedia, Inc. for the previous quarter, Wall Street now forecasts -118.52% negative EPS growth.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.33, from 1.39 in 2017Q3. It dived, as 22 investors sold NCMI shares while 32 reduced holdings. 21 funds opened positions while 36 raised stakes. 63.54 million shares or 0.96% less from 64.16 million shares in 2017Q3 were reported. Royal Bank Of Canada has 1,776 shares for 0% of their portfolio. Alliancebernstein Lp stated it has 74,773 shares. Geode Ltd Liability accumulated 529,593 shares. Meeder Asset Mngmt accumulated 0% or 1,344 shares. Polaris Mngmt Limited Co holds 83,806 shares or 0.1% of its portfolio. Nwq Invest Lc holds 0.05% of its portfolio in National CineMedia, Inc. (NASDAQ:NCMI) for 526,955 shares. Citigroup Inc holds 0% or 29,268 shares. Voya Investment Management Limited Liability Corporation holds 30,866 shares or 0% of its portfolio. Schwab Charles Inv Mngmt invested 0% in National CineMedia, Inc. (NASDAQ:NCMI). 24,000 were reported by Arrowstreet Cap Ltd Partnership. Acadian Asset Mngmt Ltd Liability holds 0% or 4,451 shares. Federated Investors Pa reported 11,374 shares stake. Northern Tru Corp reported 708,482 shares. Engineers Gate Manager LP stated it has 17,395 shares. Moreover, Group One Trading LP has 0% invested in National CineMedia, Inc. (NASDAQ:NCMI) for 3,092 shares.

Levy Harkins & Company Inc, which manages about $216.28M and $322.86 million US Long portfolio, upped its stake in Apple Inc. (NASDAQ:AAPL) by 29,252 shares to 198,454 shares, valued at $33.58M in 2017Q4, according to the filing.

Among 30 analysts covering Akamai Tech (NASDAQ:AKAM), 17 have Buy rating, 1 Sell and 12 Hold. Therefore 57% are positive. Akamai Tech had 96 analyst reports since July 29, 2015 according to SRatingsIntel. As per Wednesday, October 28, the company rating was downgraded by Craig Hallum. As per Wednesday, February 7, the company rating was maintained by FBR Capital. On Wednesday, February 10 the stock rating was upgraded by B. Riley & Co to “Buy”. The firm earned “Outperform” rating on Wednesday, February 7 by Credit Suisse. Goldman Sachs downgraded it to “Sell” rating and $52 target in Friday, November 20 report. William Blair maintained Akamai Technologies, Inc. (NASDAQ:AKAM) on Friday, August 28 with “Outperform” rating. Wells Fargo maintained the stock with “Market Perform” rating in Wednesday, October 25 report. JP Morgan downgraded the stock to “Neutral” rating in Wednesday, October 28 report. The firm has “Buy” rating by Oppenheimer given on Tuesday, August 8. The company was maintained on Wednesday, October 25 by Credit Suisse.

Investors sentiment decreased to 0.82 in Q4 2017. Its down 0.17, from 0.99 in 2017Q3. It worsened, as 45 investors sold AKAM shares while 173 reduced holdings. 79 funds opened positions while 99 raised stakes. 142.18 million shares or 2.90% more from 138.17 million shares in 2017Q3 were reported. Delta Mngmt Ltd Liability Com invested in 1.22% or 29,990 shares. Rampart Inv Mngmt Co Limited Liability Corporation owns 2,309 shares or 0.06% of their US portfolio. Gabelli Co Investment Advisers Incorporated owns 45,000 shares. World Asset Mgmt reported 14,007 shares stake. High Pointe Capital Mngmt Limited Liability Corp has invested 0.67% in Akamai Technologies, Inc. (NASDAQ:AKAM). Boys Arnold owns 3,850 shares. Regentatlantic Cap Ltd Liability Co invested in 0.02% or 4,340 shares. Ameriprise Fincl invested in 141,393 shares or 0% of the stock. Jane Street Group Incorporated Lc reported 52,712 shares or 0.01% of all its holdings. Bb&T Securities Ltd Liability Corporation has invested 0.11% of its portfolio in Akamai Technologies, Inc. (NASDAQ:AKAM). Moreover, Mirae Asset Invs has 0.02% invested in Akamai Technologies, Inc. (NASDAQ:AKAM). Sg Americas Securities Lc invested in 0.04% or 72,909 shares. Dearborn Ptnrs Limited Company reported 4,309 shares. Parametric Associate Limited Liability Corp invested in 0.02% or 351,714 shares. Argent Com invested in 0.07% or 4,140 shares.

Since December 13, 2017, it had 1 buy, and 7 insider sales for $5.37 million activity. $593,317 worth of Akamai Technologies, Inc. (NASDAQ:AKAM) shares were sold by Blumofe Robert. Wheaton William sold 10,000 shares worth $662,900. $564,810 worth of Akamai Technologies, Inc. (NASDAQ:AKAM) was sold by Gemmell James on Friday, February 16. Shares for $999,784 were bought by LEIGHTON F THOMSON.

Analysts await Akamai Technologies, Inc. (NASDAQ:AKAM) to report earnings on May, 1. They expect $0.51 earnings per share, down 3.77% or $0.02 from last year’s $0.53 per share. AKAM’s profit will be $86.69M for 35.19 P/E if the $0.51 EPS becomes a reality. After $0.50 actual earnings per share reported by Akamai Technologies, Inc. for the previous quarter, Wall Street now forecasts 2.00% EPS growth.

National CineMedia, Inc. (NASDAQ:NCMI) Institutional Positions Chart

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