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Macys (M) Holder Caxton Associates LP Trimmed Its Holding; Lateef Investment Management LP Upped Alaska Air Group (ALK) Holding by $811,030 as Stock Price Declined

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Bruce Kovner decreased its stake in Macys Inc (M) by 75.27% based on its latest 2017Q4 regulatory filing with the SEC. Caxton Associates Lp sold 76,100 shares as the company’s stock rose 8.53% while stock markets declined. The hedge fund run by Bruce Kovner held 25,000 shares of the department and specialty retail stores company at the end of 2017Q4, valued at $630,000, down from 101,100 at the end of the previous reported quarter. Caxton Associates Lp who had been investing in Macys Inc for a number of months, seems to be less bullish one the $9.63 billion market cap company. The stock increased 2.51% or $0.77 during the last trading session, reaching $31.49. About 5.51 million shares traded. Macy's, Inc. (NYSE:M) has declined 0.25% since April 26, 2017 and is downtrending. It has underperformed by 11.80% the S&P500.

Lateef Investment Management Lp increased its stake in Alaska Air Group Inc (ALK) by 3.49% based on its latest 2017Q4 regulatory filing with the SEC. Lateef Investment Management Lp bought 11,110 shares as the company’s stock declined 17.22% with the market. The institutional investor held 329,141 shares of the transportation company at the end of 2017Q4, valued at $24.20 million, up from 318,031 at the end of the previous reported quarter. Lateef Investment Management Lp who had been investing in Alaska Air Group Inc for a number of months, seems to be bullish on the $8.12B market cap company. The stock decreased 0.90% or $0.6 during the last trading session, reaching $65.79. About 1.32M shares traded. Alaska Air Group, Inc. (NYSE:ALK) has declined 35.27% since April 26, 2017 and is downtrending. It has underperformed by 46.82% the S&P500.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.35, from 1.34 in 2017Q3. It fall, as 68 investors sold ALK shares while 156 reduced holdings. 80 funds opened positions while 142 raised stakes. 102.14 million shares or 2.96% less from 105.25 million shares in 2017Q3 were reported. First Allied Advisory Inc accumulated 10,799 shares. Fifth Third Bank holds 1,404 shares or 0% of its portfolio. Motco has 129 shares. Lazard Asset Mngmt Lc reported 0.02% in Alaska Air Group, Inc. (NYSE:ALK). Tanaka Capital Mgmt holds 18,704 shares. Egerton Cap (Uk) Limited Liability Partnership stated it has 3.90 million shares or 2.51% of all its holdings. Caxton Associates Lp accumulated 532,911 shares or 1.93% of the stock. Creative Planning has invested 0.01% in Alaska Air Group, Inc. (NYSE:ALK). Farmers Merchants Investments holds 66 shares or 0% of its portfolio. Retirement Systems Of Alabama invested 0.05% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Empirical Ltd Limited Liability Company invested 0.06% in Alaska Air Group, Inc. (NYSE:ALK). The Colorado-based Institute For Wealth Ltd Liability Corporation has invested 0.15% in Alaska Air Group, Inc. (NYSE:ALK). Dekabank Deutsche Girozentrale reported 5,831 shares. Icon Advisers Incorporated Communications, a Colorado-based fund reported 8,100 shares. Japan-based Asset One Limited has invested 0% in Alaska Air Group, Inc. (NYSE:ALK).

Lateef Investment Management Lp, which manages about $5.98 billion and $1.05B US Long portfolio, decreased its stake in Svb Financial Group (NASDAQ:SIVB) by 7,117 shares to 25,900 shares, valued at $6.06M in 2017Q4, according to the filing. It also reduced its holding in Sabre Corporation (NASDAQ:SABR) by 166,793 shares in the quarter, leaving it with 891,731 shares, and cut its stake in Raymond James Financial Inc (NYSE:RJF).

Among 17 analysts covering Alaska Air Group (NYSE:ALK), 8 have Buy rating, 2 Sell and 7 Hold. Therefore 47% are positive. Alaska Air Group had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Monday, October 23. The rating was downgraded by Bank of America on Tuesday, January 9 to “Hold”. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Buy” rating by Cowen & Co on Monday, January 8. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Hold” rating given on Tuesday, April 17 by Imperial Capital. The firm has “Neutral” rating given on Tuesday, April 5 by Bank of America. The firm has “Buy” rating by Buckingham Research given on Friday, January 26. The rating was maintained by Imperial Capital on Friday, October 21 with “In-Line”. The firm has “Hold” rating by Evercore given on Tuesday, October 13. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Outperform” rating by Cowen & Co on Friday, December 4. Citigroup maintained Alaska Air Group, Inc. (NYSE:ALK) on Monday, April 16 with “Neutral” rating.

Since February 16, 2018, it had 0 insider purchases, and 5 insider sales for $989,848 activity. On Wednesday, February 28 the insider LEVINE KYLE B sold $97,695. The insider PEDERSEN BRANDON sold $175,879. On Thursday, March 8 the insider BECK GARY L sold $511,780. 2,350 shares were sold by HARRISON ANDREW R, worth $152,474.

Caxton Associates Lp, which manages about $10.75B and $2.03 billion US Long portfolio, upped its stake in Icon Plc (NASDAQ:ICLR) by 3,013 shares to 7,313 shares, valued at $820,000 in 2017Q4, according to the filing. It also increased its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 6,506 shares in the quarter, for a total of 14,306 shares, and has risen its stake in Marathon Pete Corp (NYSE:MPC).

Analysts await Macy's, Inc. (NYSE:M) to report earnings on May, 10. They expect $0.36 earnings per share, up 50.00% or $0.12 from last year’s $0.24 per share. M’s profit will be $110.14 million for 21.87 P/E if the $0.36 EPS becomes a reality. After $2.82 actual earnings per share reported by Macy's, Inc. for the previous quarter, Wall Street now forecasts -87.23% negative EPS growth.

Among 31 analysts covering Macy’s Inc. (NYSE:M), 8 have Buy rating, 2 Sell and 21 Hold. Therefore 26% are positive. Macy’s Inc. had 107 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Friday, August 11 report. Jefferies maintained Macy's, Inc. (NYSE:M) rating on Tuesday, June 6. Jefferies has “Hold” rating and $2400 target. The stock has “Market Perform” rating by Telsey Advisory Group on Friday, August 12. The stock of Macy's, Inc. (NYSE:M) has “Buy” rating given on Friday, June 16 by Guggenheim. The company was maintained on Tuesday, October 20 by Barclays Capital. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, August 8 report. Susquehanna maintained it with “Buy” rating and $38.0 target in Friday, October 20 report. The firm has “Market Perform” rating by Telsey Advisory Group given on Thursday, May 12. Jefferies maintained the shares of M in report on Monday, March 14 with “Hold” rating. The stock has “Buy” rating by Deutsche Bank on Friday, October 9.

Alaska Air Group, Inc. (NYSE:ALK) Institutional Positions Chart

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