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Morgan Stanley Has Cut Its Sonic Automotive (SAH) Holding by $426,546 as Share Price Declined; Jumei Intl Hldg LTD (JMEI) Stock Price Declined While Sc China Holding LTD Has Lowered Holding by $13.93 Million

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Morgan Stanley decreased its stake in Sonic Automotive Inc (SAH) by 10.8% based on its latest 2017Q4 regulatory filing with the SEC. Morgan Stanley sold 23,697 shares as the company’s stock declined 5.76% with the market. The institutional investor held 195,726 shares of the consumer durables company at the end of 2017Q4, valued at $3.61 million, down from 219,423 at the end of the previous reported quarter. Morgan Stanley who had been investing in Sonic Automotive Inc for a number of months, seems to be less bullish one the $913.16 million market cap company. The stock increased 3.88% or $0.8 during the last trading session, reaching $21.4. About 40,774 shares traded. Sonic Automotive, Inc. (NYSE:SAH) has declined 9.55% since May 16, 2017 and is downtrending. It has underperformed by 21.10% the S&P500.

Sc China Holding Ltd decreased its stake in Jumei Intl Hldg Ltd (JMEI) by 33.33% based on its latest 2017Q4 regulatory filing with the SEC. Sc China Holding Ltd sold 6.97M shares as the company’s stock declined 3.72% with the market. The institutional investor held 13.93 million shares of the other specialty stores company at the end of 2017Q4, valued at $40.69M, down from 20.90 million at the end of the previous reported quarter. Sc China Holding Ltd who had been investing in Jumei Intl Hldg Ltd for a number of months, seems to be less bullish one the $376.68 million market cap company. The stock increased 4.58% or $0.11 during the last trading session, reaching $2.51. About 1.02M shares traded or 0.80% up from the average. Jumei International Holding Limited (NYSE:JMEI) has declined 23.18% since May 16, 2017 and is downtrending. It has underperformed by 34.73% the S&P500.

Investors sentiment decreased to 0.87 in 2017 Q4. Its down 0.01, from 0.88 in 2017Q3. It worsened, as 10 investors sold SAH shares while 44 reduced holdings. 16 funds opened positions while 31 raised stakes. 26.60 million shares or 0.41% less from 26.71 million shares in 2017Q3 were reported. Bridgeway Capital Management owns 232,600 shares or 0.05% of their US portfolio. Schwab Charles Invest Management Incorporated, California-based fund reported 427,279 shares. Ontario – Canada-based Bancorp Of Montreal Can has invested 0% in Sonic Automotive, Inc. (NYSE:SAH). Ls Invest Limited Liability Company holds 0% or 873 shares. Moreover, Invesco Limited has 0% invested in Sonic Automotive, Inc. (NYSE:SAH). Stratos Wealth Prtn Ltd accumulated 200 shares or 0% of the stock. Sg Capital Management Lc has 244,031 shares. Metropolitan Life has 0% invested in Sonic Automotive, Inc. (NYSE:SAH) for 8,786 shares. Lsv Asset Mngmt reported 0.07% stake. Old Bankshares In reported 0.01% of its portfolio in Sonic Automotive, Inc. (NYSE:SAH). 60,269 are held by Kbc Nv. 2.29M are owned by Vanguard Gru. Wells Fargo & Comm Mn holds 37,481 shares or 0% of its portfolio. Gemmer Asset Mgmt Limited Company reported 0% stake. Pillar Pacific Capital Mgmt Lc holds 0.04% in Sonic Automotive, Inc. (NYSE:SAH) or 16,200 shares.

More important recent Sonic Automotive, Inc. (NYSE:SAH) news were published by: Streetinsider.com which released: “Elliott’s 13F Shows New Stake in Commault (CVLT), Dish (DISH), Micro Focus (MFGP) (more…)” on May 15, 2018, also Globenewswire.com published article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Sonic Automotive, STERIS plc, AquaVenture …”, Seekingalpha.com published: “More on Sonic Automotive’s Q1” on April 26, 2018. More interesting news about Sonic Automotive, Inc. (NYSE:SAH) was released by: Bizjournals.com and their article: “Houston private co. buys Ford dealership from Sonic Automotive” with publication date: May 02, 2018.

Morgan Stanley, which manages about $60.09 billion and $365.35 billion US Long portfolio, upped its stake in Ssga Active Etf Tr (RLY) by 45,822 shares to 1.09M shares, valued at $28.84 million in 2017Q4, according to the filing. It also increased its holding in Fulton Finl Corp Pa (NASDAQ:FULT) by 105,495 shares in the quarter, for a total of 774,873 shares, and has risen its stake in Icf Intl Inc (NASDAQ:ICFI).

Among 9 analysts covering Sonic Automotive (NYSE:SAH), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Sonic Automotive had 19 analyst reports since July 22, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Overweight” rating and $25 target in Wednesday, March 14 report. Zacks downgraded the shares of SAH in report on Thursday, August 27 to “Hold” rating. On Tuesday, February 27 the stock rating was maintained by Stephens with “Hold”. KeyBanc Capital Markets maintained the shares of SAH in report on Tuesday, October 3 with “Hold” rating. On Wednesday, October 11 the stock rating was maintained by Jefferies with “Hold”. The firm has “Neutral” rating given on Thursday, February 23 by Bank of America. Jefferies maintained Sonic Automotive, Inc. (NYSE:SAH) rating on Wednesday, July 19. Jefferies has “Hold” rating and $2200 target. Jefferies maintained Sonic Automotive, Inc. (NYSE:SAH) rating on Friday, June 16. Jefferies has “Hold” rating and $22 target. The firm earned “Neutral” rating on Tuesday, January 10 by CL King. On Monday, November 13 the stock rating was maintained by KeyBanc Capital Markets with “Hold”.

Analysts await Sonic Automotive, Inc. (NYSE:SAH) to report earnings on July, 27. They expect $0.48 EPS, up 20.00% or $0.08 from last year’s $0.4 per share. SAH’s profit will be $20.48M for 11.15 P/E if the $0.48 EPS becomes a reality. After $0.26 actual EPS reported by Sonic Automotive, Inc. for the previous quarter, Wall Street now forecasts 84.62% EPS growth.

Another recent and important Jumei International Holding Limited (NYSE:JMEI) news was published by Globenewswire.com which published an article titled: “Jumei Announces Share Repurchase Plan” on April 30, 2018.

Among 8 analysts covering Jumei International (NYSE:JMEI), 3 have Buy rating, 3 Sell and 2 Hold. Therefore 38% are positive. Jumei International had 9 analyst reports since August 25, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Credit Agricole on Monday, November 23. The company was upgraded on Friday, May 26 by ValuEngine. The firm has “Underperform” rating by CLSA given on Monday, November 23. As per Monday, November 2, the company rating was downgraded by Goldman Sachs. The stock of Jumei International Holding Limited (NYSE:JMEI) has “Neutral” rating given on Tuesday, August 25 by Credit Suisse. As per Wednesday, April 6, the company rating was downgraded by Morgan Stanley.

Sonic Automotive, Inc. (NYSE:SAH) Institutional Positions Chart

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