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Accredited Investors Has Decreased Its Position in Tennant Co (TNC) by $466,200 as Shares Declined; Discovery Communications (DISCK) Position Increased by Bislett Management Llc

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Bislett Management Llc increased its stake in Discovery Communications Inc (DISCK) by 47.73% based on its latest 2017Q4 regulatory filing with the SEC. Bislett Management Llc bought 105,000 shares as the company’s stock declined 12.19% with the market. The institutional investor held 325,000 shares of the consumer services company at the end of 2017Q4, valued at $6.88M, up from 220,000 at the end of the previous reported quarter. Bislett Management Llc who had been investing in Discovery Communications Inc for a number of months, seems to be bullish on the $15.52B market cap company. The stock increased 2.19% or $0.47 during the last trading session, reaching $21.96. About 3.90 million shares traded. Discovery, Inc. (NASDAQ:DISCK) has declined 27.22% since April 18, 2017 and is downtrending. It has underperformed by 38.77% the S&P500.

Accredited Investors Inc decreased its stake in Tennant Co (TNC) by 18.29% based on its latest 2017Q4 regulatory filing with the SEC. Accredited Investors Inc sold 6,475 shares as the company’s stock declined 4.85% with the market. The institutional investor held 28,935 shares of the industrial machinery and components company at the end of 2017Q4, valued at $2.10 million, down from 35,410 at the end of the previous reported quarter. Accredited Investors Inc who had been investing in Tennant Co for a number of months, seems to be less bullish one the $1.27B market cap company. The stock increased 2.38% or $1.65 during the last trading session, reaching $70.9. About 214,142 shares traded or 62.67% up from the average. Tennant Company (NYSE:TNC) has declined 4.44% since April 18, 2017 and is downtrending. It has underperformed by 15.99% the S&P500.

Since January 11, 2018, it had 0 buys, and 4 selling transactions for $5.07 million activity. KILLINGSTAD CHRIS sold 44,272 shares worth $3.03M.

Among 3 analysts covering Tennant Co (NYSE:TNC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Tennant Co had 5 analyst reports since October 28, 2015 according to SRatingsIntel. The stock has “Buy” rating by Dougherty on Monday, February 26. Jefferies maintained Tennant Company (NYSE:TNC) on Thursday, June 15 with “Hold” rating. Dougherty & Company maintained Tennant Company (NYSE:TNC) rating on Wednesday, October 28. Dougherty & Company has “Buy” rating and $67 target.

Accredited Investors Inc, which manages about $1.38 billion and $361.49M US Long portfolio, upped its stake in Emerson Elec Co (NYSE:EMR) by 5,610 shares to 13,257 shares, valued at $924,000 in 2017Q4, according to the filing.

Analysts await Tennant Company (NYSE:TNC) to report earnings on April, 23 before the open. They expect $0.15 EPS, down 51.61% or $0.16 from last year’s $0.31 per share. TNC’s profit will be $2.68 million for 118.17 P/E if the $0.15 EPS becomes a reality. After $0.34 actual EPS reported by Tennant Company for the previous quarter, Wall Street now forecasts -55.88% negative EPS growth.

Discovery, Inc. (NASDAQ:DISCK) Institutional Positions Chart

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