Market News

Three Peaks Capital Management Stake in Zayo Group Hldgs (ZAYO) Lowered by $689,904 as Stock Value Declined; 1492 Capital Management Holding in Tristate Cap Hldgs (TSC) Upped by $1.20 Million

Zayo Group Holdings, Inc. (NYSE:ZAYO) Logo

1492 Capital Management Llc increased its stake in Tristate Cap Hldgs Inc (TSC) by 137.38% based on its latest 2017Q4 regulatory filing with the SEC. 1492 Capital Management Llc bought 54,462 shares as the company’s stock declined 3.38% with the market. The institutional investor held 94,104 shares of the finance company at the end of 2017Q4, valued at $2.16 million, up from 39,642 at the end of the previous reported quarter. 1492 Capital Management Llc who had been investing in Tristate Cap Hldgs Inc for a number of months, seems to be bullish on the $770.95M market cap company. The stock increased 0.76% or $0.2 during the last trading session, reaching $26.6. About 4,399 shares traded. Tristate Capital Holdings, Inc. (NASDAQ:TSC) has 0.00% since May 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Three Peaks Capital Management Llc decreased its stake in Zayo Group Hldgs Inc (ZAYO) by 7.55% based on its latest 2017Q4 regulatory filing with the SEC. Three Peaks Capital Management Llc sold 19,164 shares as the company’s stock declined 6.81% with the market. The institutional investor held 234,697 shares of the public utilities company at the end of 2017Q4, valued at $8.64 million, down from 253,861 at the end of the previous reported quarter. Three Peaks Capital Management Llc who had been investing in Zayo Group Hldgs Inc for a number of months, seems to be less bullish one the $8.48 billion market cap company. The stock decreased 0.01% or $0.005 during the last trading session, reaching $34.135. About 145,597 shares traded. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 0.96% since May 21, 2017 and is uptrending. It has underperformed by 10.59% the S&P500.

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Businesswire.com which released: “Zayo Executives to Present at May Investor Conferences” on May 14, 2018, also Seekingalpha.com with their article: “Zayo Group 2018 Q3 – Results – Earnings Call Slides” published on May 03, 2018, Benzinga.com published: “Earnings Preview For Zayo Group Holdings” on May 03, 2018. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Seekingalpha.com and their article: “Zayo Group Holdings (ZAYO) Q3 2018 Results – Earnings Call Transcript” published on May 04, 2018 as well as Businesswire.com‘s news article titled: “Global Business Process Outsourcing Company Selects Zayo” with publication date: May 17, 2018.

Since December 29, 2017, it had 0 buys, and 23 selling transactions for $221.35 million activity. On Monday, March 12 the insider Caruso Daniel sold $992,716. Crouch Andrew sold $706,067 worth of stock. The insider Richardson Nina sold $24,078. 1,037 shares were sold by Connor Richard W., worth $35,258. 10,711 shares were sold by Waters John F Jr., worth $387,096 on Wednesday, January 3. The insider GTCR FUND X/A LP sold 4.68 million shares worth $173.21M.

Three Peaks Capital Management Llc, which manages about $566.27M and $671.56 million US Long portfolio, upped its stake in Scientific Games Corp (NASDAQ:SGMS) by 25,244 shares to 152,246 shares, valued at $7.81 million in 2017Q4, according to the filing. It also increased its holding in Lpl Finl Hldgs Inc (NASDAQ:LPLA) by 61,448 shares in the quarter, for a total of 242,544 shares, and has risen its stake in Equinix Inc (NASDAQ:EQIX).

Analysts await Zayo Group Holdings, Inc. (NYSE:ZAYO) to report earnings on August, 20. They expect $0.09 EPS, down 30.77% or $0.04 from last year’s $0.13 per share. ZAYO’s profit will be $22.37M for 94.82 P/E if the $0.09 EPS becomes a reality. After $0.09 actual EPS reported by Zayo Group Holdings, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 22 analysts covering Zayo Group Holdings (NYSE:ZAYO), 17 have Buy rating, 1 Sell and 4 Hold. Therefore 77% are positive. Zayo Group Holdings had 47 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Hold” rating by KeyBanc Capital Markets on Wednesday, October 11. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Buy” rating given on Tuesday, December 12 by Morgan Stanley. The stock has “Buy” rating by Suntrust Robinson on Tuesday, December 13. Cowen & Co maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Wednesday, October 18 with “Buy” rating. The firm has “Buy” rating by Deutsche Bank given on Wednesday, April 18. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Buy” rating by BTIG Research on Wednesday, April 20. On Wednesday, August 5 the stock rating was downgraded by MoffettNathanson to “Buy”. On Wednesday, August 5 the stock rating was downgraded by Moffett Nathanson to “Neutral”. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Buy” rating by Goldman Sachs on Monday, October 31. The company was maintained on Monday, September 21 by Barclays Capital.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.12, from 1.2 in 2017Q3. It is positive, as 29 investors sold ZAYO shares while 78 reduced holdings. 51 funds opened positions while 90 raised stakes. 207.53 million shares or 2.30% more from 202.87 million shares in 2017Q3 were reported. Kings Point Capital Mngmt stated it has 0% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Ngam Advsr Lp has 0.02% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO). Nomura, a Japan-based fund reported 20,989 shares. Dnb Asset As owns 13,995 shares or 0.01% of their US portfolio. Global X Mgmt Limited Liability Corp has invested 0% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Glenhill Advisors Ltd Liability has invested 2.54% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Asset stated it has 8,405 shares or 0.01% of all its holdings. 34,500 are held by Utah Retirement. Private Advisor Gru Ltd Liability Com owns 22,475 shares. The New York-based Cramer Rosenthal Mcglynn Ltd Liability Corp has invested 0.56% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Columbia Wanger Asset Ltd Liability Corp reported 0.3% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Fifth Third Bancorp owns 2,754 shares or 0% of their US portfolio. Driehaus Cap Ltd Llc reported 0.16% stake. Partner Fund Management Lp reported 1.32M shares or 1.15% of all its holdings. Northern Trust Corp holds 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO) or 1.04M shares.

1492 Capital Management Llc, which manages about $188.45M and $128.23 million US Long portfolio, decreased its stake in Oclaro Inc (NASDAQ:OCLR) by 302,518 shares to 5,363 shares, valued at $36,000 in 2017Q4, according to the filing. It also reduced its holding in Ringcentral Inc (NYSE:RNG) by 14,484 shares in the quarter, leaving it with 113,915 shares, and cut its stake in Ani Pharmaceuticals Inc (NASDAQ:ANIP).

Among 6 analysts covering TriState Capital Holdings (NASDAQ:TSC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. TriState Capital Holdings had 26 analyst reports since December 15, 2015 according to SRatingsIntel. The stock of Tristate Capital Holdings, Inc. (NASDAQ:TSC) has “Buy” rating given on Monday, December 19 by Maxim Group. Maxim Group maintained the stock with “Buy” rating in Thursday, July 20 report. The firm has “Buy” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. Maxim Group maintained it with “Buy” rating and $2800 target in Friday, April 20 report. The stock of Tristate Capital Holdings, Inc. (NASDAQ:TSC) earned “Buy” rating by Keefe Bruyette & Woods on Monday, August 21. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, October 19. The firm earned “Buy” rating on Friday, March 16 by Keefe Bruyette & Woods. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by Maxim Group with “Buy” on Thursday, October 19. As per Thursday, April 19, the company rating was maintained by Robert W. Baird.

Investors sentiment decreased to 1.13 in 2017 Q4. Its down 0.03, from 1.16 in 2017Q3. It dived, as 8 investors sold TSC shares while 32 reduced holdings. 8 funds opened positions while 37 raised stakes. 16.85 million shares or 0.74% less from 16.98 million shares in 2017Q3 were reported. Citigroup Inc accumulated 4,640 shares. 52,958 were accumulated by Aqr Mgmt Ltd Liability Corp. California State Teachers Retirement System invested in 35,217 shares or 0% of the stock. Prudential Fincl Incorporated reported 0% stake. 42 are owned by Federated Pa. Driehaus Capital Mgmt invested in 174,472 shares or 0.15% of the stock. Wells Fargo And Co Mn invested 0% in Tristate Capital Holdings, Inc. (NASDAQ:TSC). Franklin Resource holds 0% or 13,337 shares. Jpmorgan Chase And Commerce owns 128,942 shares. First Advisors Ltd Partnership stated it has 54,017 shares or 0% of all its holdings. 79,518 were accumulated by Morgan Stanley. Sei Invests Com stated it has 0% of its portfolio in Tristate Capital Holdings, Inc. (NASDAQ:TSC). Brandywine Glob Inv Limited Liability Com accumulated 20,610 shares. Price T Rowe Associate Md reported 1.14M shares. Janney Capital Ltd Liability Corp stated it has 9,239 shares.

More important recent Tristate Capital Holdings, Inc. (NASDAQ:TSC) news were published by: Bizjournals.com which released: “Here’s why loans rose in 1Q at Pittsburgh banks” on May 02, 2018, also Businesswire.com published article titled: “TriState Capital Declares Quarterly Dividend on Perpetual Preferred Stock”, Globenewswire.com published: “Investor Expectations to Drive Momentum within Real Goods Solar, Graco, Hibbett Sports, NETGEAR, WD-40, and …” on April 30, 2018. More interesting news about Tristate Capital Holdings, Inc. (NASDAQ:TSC) was released by: Businesswire.com and their article: “TriState Capital Closes Acquisition of Columbia Partners Assets” with publication date: May 04, 2018.

Zayo Group Holdings, Inc. (NYSE:ZAYO) Institutional Positions Chart

Leave a Reply

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