Trending Stock News

As Amc Networks (AMCX) Valuation Declined, Holder Ct Mason Cut Position; General Electric Co (GE) Position Has Raised by Hrt Financial Llc

AMC Networks Inc. (NASDAQ:AMCX) Logo

Hrt Financial Llc increased its stake in General Electric Co (GE) by 61.08% based on its latest 2017Q4 regulatory filing with the SEC. Hrt Financial Llc bought 18,774 shares as the company’s stock declined 23.20% with the market. The institutional investor held 49,511 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $863,000, up from 30,737 at the end of the previous reported quarter. Hrt Financial Llc who had been investing in General Electric Co for a number of months, seems to be bullish on the $130.02 billion market cap company. The stock decreased 0.40% or $0.06 during the last trading session, reaching $14.97. About 34.36M shares traded. General Electric Company (NYSE:GE) has declined 54.35% since May 21, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Ct Mason decreased its stake in Amc Networks Inc. (AMCX) by 30.76% based on its latest 2017Q4 regulatory filing with the SEC. Ct Mason sold 26,282 shares as the company’s stock declined 10.17% with the market. The institutional investor held 59,170 shares of the television services company at the end of 2017Q4, valued at $3.20 million, down from 85,452 at the end of the previous reported quarter. Ct Mason who had been investing in Amc Networks Inc. for a number of months, seems to be less bullish one the $3.28 billion market cap company. The stock decreased 0.30% or $0.17 during the last trading session, reaching $57.15. About 352,418 shares traded. AMC Networks Inc. (NASDAQ:AMCX) has declined 12.07% since May 21, 2017 and is downtrending. It has underperformed by 23.62% the S&P500.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “GE Is No Bargain At $14” on May 02, 2018, also Livetradingnews.com with their article: “General Electric Company (NYSE:GE) Stock Worth Watching” published on May 18, 2018, Seekingalpha.com published: “General Electric’s Death Could Be Best For Shareholders” on April 25, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “3D printing for the military at GE” published on May 02, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric At The Annual Meeting: Getting Control?” with publication date: April 26, 2018.

Hrt Financial Llc, which manages about $98.14 million US Long portfolio, decreased its stake in Pepsico Inc (NYSE:PEP) by 10,933 shares to 2,545 shares, valued at $305,000 in 2017Q4, according to the filing.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, October 13 by William Blair. Credit Suisse maintained the stock with “Outperform” rating in Monday, November 23 report. Stifel Nicolaus maintained the shares of GE in report on Sunday, December 10 with “Hold” rating. The stock has “Outperform” rating by Credit Suisse on Thursday, October 5. RBC Capital Markets maintained the shares of GE in report on Thursday, March 23 with “Positive” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, October 14 report. Bank of America downgraded it to “Neutral” rating and $31 target in Wednesday, April 26 report. Cowen & Co initiated it with “Market Perform” rating and $29 target in Tuesday, June 7 report. The firm earned “Hold” rating on Monday, January 22 by Bank of America. The company was maintained on Thursday, March 29 by J.P. Morgan.

Since January 26, 2018, it had 1 buy, and 0 selling transactions for $43,446 activity.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dived, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Arcadia Mi holds 12,000 shares. Steinberg Global Asset Mngmt has invested 0.12% of its portfolio in General Electric Company (NYSE:GE). Commercial Bank Of Hawaii accumulated 267,105 shares or 0.38% of the stock. Weybosset Rech And Mngmt Ltd Liability has 15,570 shares. Cacti Asset Limited Liability has invested 0.14% of its portfolio in General Electric Company (NYSE:GE). Smith Salley And stated it has 0.11% of its portfolio in General Electric Company (NYSE:GE). First Quadrant LP Ca accumulated 224,603 shares. Nomura reported 1.13M shares. Atlas Browninc stated it has 0.26% of its portfolio in General Electric Company (NYSE:GE). 286,507 are held by Hall Laurie J Trustee. Whittier Trust Commerce accumulated 1.02M shares. Peapack Gladstone Fincl accumulated 726,396 shares. Eos Mgmt Lp owns 50,000 shares or 0.29% of their US portfolio. The Nebraska-based Cwm Limited Liability has invested 0.02% in General Electric Company (NYSE:GE). Pillar Pacific Capital Mngmt Limited Company invested in 0.06% or 26,268 shares.

More recent AMC Networks Inc. (NASDAQ:AMCX) news were published by: Globenewswire.com which released: “Report: Developing Opportunities within AMC Networks, JELD-WEN Holding, Blueprint Medicines, Northwest …” on May 01, 2018. Also Globenewswire.com published the news titled: “AMC Networks Inc. Reports First Quarter 2018 Results” on May 10, 2018. Nasdaq.com‘s news article titled: “Here’s Why AMC Networks Shares Spiked Despite a Flattish Quarter” with publication date: May 14, 2018 was also an interesting one.

Ct Mason, which manages about $311.59 million and $284.11M US Long portfolio, upped its stake in Jpmorgan Chase & Co. (NYSE:JPM) by 2,845 shares to 98,793 shares, valued at $10.57 million in 2017Q4, according to the filing. It also increased its holding in Texas Intstruments (NASDAQ:TXN) by 19,240 shares in the quarter, for a total of 53,214 shares, and has risen its stake in Exxon Mobil Corp. (NYSE:XOM).

Investors sentiment increased to 0.83 in Q4 2017. Its up 0.05, from 0.78 in 2017Q3. It is positive, as 42 investors sold AMCX shares while 113 reduced holdings. 50 funds opened positions while 79 raised stakes. 53.51 million shares or 0.80% more from 53.08 million shares in 2017Q3 were reported. Blackrock Inc has invested 0.01% in AMC Networks Inc. (NASDAQ:AMCX). Convergence Ltd Liability Company holds 7,170 shares or 0.05% of its portfolio. Moreover, Davenport Limited Liability has 0.01% invested in AMC Networks Inc. (NASDAQ:AMCX). Prudential Fincl, New Jersey-based fund reported 173,144 shares. Fincl Bank Of Ny Mellon Corporation reported 759,038 shares stake. Ameritas Invest Partners reported 0.04% in AMC Networks Inc. (NASDAQ:AMCX). Hillsdale Investment Mngmt Incorporated reported 140 shares. Tiaa Cref Inv Management Lc owns 1.03 million shares. Alliancebernstein Lp has invested 0.01% in AMC Networks Inc. (NASDAQ:AMCX). Janney Montgomery Scott Ltd Liability holds 18,127 shares. 6,275 are owned by Connor Clark Lunn Inv Mgmt. Macquarie Gp has invested 0% in AMC Networks Inc. (NASDAQ:AMCX). Kbc Gru Nv has invested 0.01% in AMC Networks Inc. (NASDAQ:AMCX). Regions Fincl Corp invested in 247 shares or 0% of the stock. Morgan Stanley owns 210,075 shares.

Among 25 analysts covering AMC Networks (NASDAQ:AMCX), 7 have Buy rating, 2 Sell and 16 Hold. Therefore 28% are positive. AMC Networks had 66 analyst reports since August 3, 2015 according to SRatingsIntel. Jefferies maintained the shares of AMCX in report on Friday, August 5 with “Hold” rating. The company was downgraded on Tuesday, September 22 by TheStreet. The rating was maintained by Stifel Nicolaus on Wednesday, July 20 with “Buy”. As per Wednesday, August 26, the company rating was maintained by Albert Fried. The stock of AMC Networks Inc. (NASDAQ:AMCX) has “Hold” rating given on Monday, July 10 by Jefferies. The firm earned “Neutral” rating on Thursday, October 12 by Guggenheim. The firm earned “Hold” rating on Monday, October 16 by Jefferies. Topeka Capital Markets maintained AMC Networks Inc. (NASDAQ:AMCX) on Thursday, September 3 with “Hold” rating. The stock of AMC Networks Inc. (NASDAQ:AMCX) has “Underweight” rating given on Thursday, November 3 by Albert Fried. The rating was maintained by Topeka Capital Markets with “Hold” on Thursday, November 12.

Analysts await AMC Networks Inc. (NASDAQ:AMCX) to report earnings on August, 2. They expect $1.96 EPS, up 4.26% or $0.08 from last year’s $1.88 per share. AMCX’s profit will be $112.63M for 7.29 P/E if the $1.96 EPS becomes a reality. After $2.65 actual EPS reported by AMC Networks Inc. for the previous quarter, Wall Street now forecasts -26.04% negative EPS growth.

General Electric Company (NYSE:GE) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *