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Southeastern Asset Management Increased Its Belmond LTD Class A (BEL) Position by $17.01 Million; Share Value Declined; As Red Hat (RHT) Stock Price Rose, Shareholder Hellman Jordan Management Company Trimmed Its Holding by $360,000

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Hellman Jordan Management Company Inc decreased its stake in Red Hat (RHT) by 40.62% based on its latest 2017Q4 regulatory filing with the SEC. Hellman Jordan Management Company Inc sold 3,000 shares as the company’s stock rose 25.63% while stock markets declined. The institutional investor held 4,385 shares of the technology company at the end of 2017Q4, valued at $527,000, down from 7,385 at the end of the previous reported quarter. Hellman Jordan Management Company Inc who had been investing in Red Hat for a number of months, seems to be less bullish one the $28.62 billion market cap company. The stock decreased 0.35% or $0.56 during the last trading session, reaching $161.67. About 1.52M shares traded. Red Hat, Inc. (NYSE:RHT) has risen 87.86% since April 19, 2017 and is uptrending. It has outperformed by 76.31% the S&P500.

Mason Hawkins increased its stake in Belmond Ltd Class A (BEL) by 41.25% based on its latest 2017Q4 regulatory filing with the SEC. Southeastern Asset Management Inc bought 1.42 million shares as the company’s stock declined 7.76% with the market. The hedge fund run by Mason Hawkins held 4.85 million shares of the hotels and resorts company at the end of 2017Q4, valued at $59.46M, up from 3.44M at the end of the previous reported quarter. Southeastern Asset Management Inc who had been investing in Belmond Ltd Class A for a number of months, seems to be bullish on the $1.17B market cap company. The stock increased 0.44% or $0.05 during the last trading session, reaching $11.4. About 327,801 shares traded. Belmond Ltd. (NYSE:BEL) has declined 6.22% since April 19, 2017 and is downtrending. It has underperformed by 17.77% the S&P500.

Among 6 analysts covering Belmond (NYSE:BEL), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Belmond had 17 analyst reports since September 3, 2015 according to SRatingsIntel. The stock has “Hold” rating by Zacks on Thursday, September 3. The stock of Belmond Ltd. (NYSE:BEL) earned “Hold” rating by Deutsche Bank on Wednesday, November 8. M Partners upgraded the stock to “Neutral” rating in Thursday, August 4 report. Deutsche Bank maintained the stock with “Hold” rating in Monday, August 7 report. Telsey Advisory Group maintained Belmond Ltd. (NYSE:BEL) on Friday, February 26 with “Underperform” rating. The firm has “Market Perform” rating by Telsey Advisory Group given on Friday, August 5. As per Friday, August 5, the company rating was maintained by Deutsche Bank. M Partners downgraded the stock to “Sell” rating in Thursday, January 14 report. Barclays Capital maintained the stock with “Overweight” rating in Thursday, August 10 report. The firm has “Overweight” rating by Barclays Capital given on Wednesday, March 9.

Southeastern Asset Management Inc, which manages about $35.07 billion and $8.08 billion US Long portfolio, decreased its stake in T. Rowe Price Group Inc. (NASDAQ:TROW) by 3.66M shares to 17,945 shares, valued at $1.88M in 2017Q4, according to the filing. It also reduced its holding in Alphabet Inc. Cl C by 171,199 shares in the quarter, leaving it with 551,465 shares, and cut its stake in Park Hotels & Resorts Inc..

Analysts await Red Hat, Inc. (NYSE:RHT) to report earnings on June, 19. They expect $0.49 earnings per share, up 22.50% or $0.09 from last year’s $0.4 per share. RHT’s profit will be $86.73 million for 82.48 P/E if the $0.49 EPS becomes a reality. After $0.73 actual earnings per share reported by Red Hat, Inc. for the previous quarter, Wall Street now forecasts -32.88% negative EPS growth.

Among 39 analysts covering Red Hat (NYSE:RHT), 28 have Buy rating, 1 Sell and 10 Hold. Therefore 72% are positive. Red Hat had 134 analyst reports since August 25, 2015 according to SRatingsIntel. On Friday, August 25 the stock rating was maintained by Jefferies with “Hold”. The stock of Red Hat, Inc. (NYSE:RHT) earned “Hold” rating by Jefferies on Tuesday, March 27. The stock of Red Hat, Inc. (NYSE:RHT) earned “Buy” rating by Stifel Nicolaus on Friday, December 15. Citigroup maintained it with “Buy” rating and $90 target in Wednesday, March 23 report. The firm earned “Buy” rating on Sunday, October 22 by RBC Capital Markets. The firm has “Buy” rating given on Monday, November 28 by Rosenblatt. Mizuho maintained Red Hat, Inc. (NYSE:RHT) on Friday, December 18 with “Buy” rating. RBC Capital Markets maintained Red Hat, Inc. (NYSE:RHT) on Tuesday, March 28 with “Outperform” rating. Robert W. Baird downgraded it to “Neutral” rating and $90 target in Tuesday, February 28 report. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, July 23 report.

Hellman Jordan Management Company Inc, which manages about $886.87 million and $63.51 million US Long portfolio, upped its stake in Suntrust Bks Inc (NYSE:STI) by 9,000 shares to 17,353 shares, valued at $1.12 million in 2017Q4, according to the filing. It also increased its holding in Pioneer Natural Resources Co. (NYSE:PXD) by 3,500 shares in the quarter, for a total of 8,775 shares, and has risen its stake in Bankamerica Corp (NYSE:BAC).

Investors sentiment decreased to 1.12 in 2017 Q4. Its down 0.11, from 1.23 in 2017Q3. It turned negative, as 45 investors sold RHT shares while 179 reduced holdings. 92 funds opened positions while 159 raised stakes. 159.29 million shares or 1.06% more from 157.62 million shares in 2017Q3 were reported. 108 were reported by Cornerstone Advisors. Citizens & Northern invested 1.05% of its portfolio in Red Hat, Inc. (NYSE:RHT). 106,746 are owned by Bnp Paribas Arbitrage. Diversified Trust reported 3,148 shares. Caxton Associates Ltd Partnership, a New Jersey-based fund reported 5,783 shares. Putnam Investments Llc stated it has 2,714 shares or 0% of all its holdings. Swedbank holds 965,090 shares. West Oak Capital Limited Liability Co holds 0% or 42 shares. Victory Mgmt Inc owns 485,023 shares or 0.12% of their US portfolio. Paloma Prns Mngmt owns 4,495 shares or 0.01% of their US portfolio. Royal Bancorp Of Canada holds 601,857 shares. Moneta Grp Inc Inv Ltd accumulated 2,193 shares. Bridgewater Associate Ltd Partnership accumulated 14,240 shares or 0.01% of the stock. Keybank Association Oh holds 15,855 shares. Morgan Dempsey Limited Liability Co stated it has 608 shares or 0.02% of all its holdings.

Red Hat, Inc. (NYSE:RHT) Institutional Positions Chart

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