As Extended Stay America (STAY) Share Value Rose, Holder Aew Capital Management LP Decreased Holding; Molson Coors Brewing Co (TAP) Holder Parametrica Management LTD Trimmed Position

May 28, 2018 - By Peter Erickson

Extended Stay America, Inc. Paired Shares (NYSE:STAY) Logo

Parametrica Management Ltd decreased its stake in Molson Coors Brewing Co (TAP) by 57.38% based on its latest 2017Q4 regulatory filing with the SEC. Parametrica Management Ltd sold 3,787 shares as the company’s stock declined 8.47% with the market. The institutional investor held 2,813 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $231,000, down from 6,600 at the end of the previous reported quarter. Parametrica Management Ltd who had been investing in Molson Coors Brewing Co for a number of months, seems to be less bullish one the $13.26 billion market cap company. The stock decreased 0.16% or $0.1 during the last trading session, reaching $61.43. About 2.11 million shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 23.05% since May 28, 2017 and is downtrending. It has underperformed by 34.60% the S&P500.

Jeffrey Furber decreased its stake in Extended Stay America Inc (STAY) by 18.12% based on its latest 2017Q4 regulatory filing with the SEC. Aew Capital Management LP sold 637,073 shares as the company’s stock rose 5.09% while stock markets declined. The hedge fund run by Jeffrey Furber held 2.88 million shares of the consumer services company at the end of 2017Q4, valued at $54.71M, down from 3.52 million at the end of the previous reported quarter. Aew Capital Management LP who had been investing in Extended Stay America Inc for a number of months, seems to be less bullish one the $3.80 billion market cap company. The stock increased 1.11% or $0.22 during the last trading session, reaching $20.01. About 645,531 shares traded. Extended Stay America, Inc. Paired Shares (NYSE:STAY) has risen 22.24% since May 28, 2017 and is uptrending. It has outperformed by 10.69% the S&P500.

Aew Capital Management L P, which manages about $25.93 billion and $3.86B US Long portfolio, upped its stake in Vornado Realty Trust (NYSE:VNO) by 65,750 shares to 450,227 shares, valued at $35.20M in 2017Q4, according to the filing. It also increased its holding in Rlj Lodging Trust (NYSE:RLJ) by 135,150 shares in the quarter, for a total of 2.39M shares, and has risen its stake in Tanger Factory Outlet Centers Inc (NYSE:SKT).

More recent Extended Stay America, Inc. Paired Shares (NYSE:STAY) news were published by: Streetinsider.com which released: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” on May 15, 2018. Also Globenewswire.com published the news titled: “Extended Stay America Appoints Christopher N. Dekle as General Counsel and Corporate Secretary” on May 16, 2018. Seekingalpha.com‘s news article titled: “Tracking John Paulson’s Paulson & Co. Portfolio – Q1 2018 Update” with publication date: May 18, 2018 was also an interesting one.

Investors sentiment increased to 1.55 in 2017 Q4. Its up 0.15, from 1.4 in 2017Q3. It improved, as 30 investors sold STAY shares while 58 reduced holdings. 41 funds opened positions while 95 raised stakes. 176.99 million shares or 2.95% less from 182.36 million shares in 2017Q3 were reported. Howe & Rusling invested in 6,107 shares or 0.02% of the stock. Moreover, Vaughan Nelson Invest Mngmt LP has 0.69% invested in Extended Stay America, Inc. Paired Shares (NYSE:STAY). Wealthtrust reported 887 shares. Lord Abbett And Company Ltd Liability Corporation has invested 0.06% in Extended Stay America, Inc. Paired Shares (NYSE:STAY). Alliancebernstein Ltd Partnership holds 0% of its portfolio in Extended Stay America, Inc. Paired Shares (NYSE:STAY) for 134,241 shares. Moreover, Fund Mgmt Sa has 0.04% invested in Extended Stay America, Inc. Paired Shares (NYSE:STAY). Fred Alger Mgmt Inc holds 0.03% of its portfolio in Extended Stay America, Inc. Paired Shares (NYSE:STAY) for 344,911 shares. Sei Invests Communication owns 927,391 shares or 0.06% of their US portfolio. Counselors Of Maryland Limited Company has invested 1.06% of its portfolio in Extended Stay America, Inc. Paired Shares (NYSE:STAY). Raymond James Trust Na reported 33,364 shares or 0.04% of all its holdings. Foundry Prtn Ltd has 104,665 shares. Bessemer Gru accumulated 517 shares. Covington Cap Management holds 118 shares. Laurion Cap Management L P, New York-based fund reported 14,800 shares. Goldman Sachs Group accumulated 3.71 million shares.

Among 13 analysts covering Extended Stay America (NYSE:STAY), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Extended Stay America had 37 analyst reports since August 3, 2015 according to SRatingsIntel. As per Monday, August 3, the company rating was upgraded by Robert W. Baird. Susquehanna maintained the stock with “Hold” rating in Monday, April 23 report. As per Thursday, April 19, the company rating was maintained by Robert W. Baird. The rating was downgraded by M Partners on Thursday, January 14 to “Neutral”. The firm earned “Buy” rating on Wednesday, November 8 by Nomura. Robert W. Baird maintained Extended Stay America, Inc. Paired Shares (NYSE:STAY) rating on Wednesday, September 6. Robert W. Baird has “Buy” rating and $21.0 target. Stifel Nicolaus maintained it with “Buy” rating and $21.0 target in Thursday, February 1 report. JP Morgan upgraded the stock to “Overweight” rating in Wednesday, December 13 report. The stock of Extended Stay America, Inc. Paired Shares (NYSE:STAY) has “Overweight” rating given on Wednesday, February 28 by Barclays Capital. As per Tuesday, August 1, the company rating was maintained by Stifel Nicolaus.

Since March 8, 2018, it had 0 buys, and 1 insider sale for $192,306 activity.

Analysts await Molson Coors Brewing Company (NYSE:TAP) to report earnings on August, 1. They expect $1.93 EPS, up 16.27% or $0.27 from last year’s $1.66 per share. TAP’s profit will be $416.60 million for 7.96 P/E if the $1.93 EPS becomes a reality. After $0.48 actual EPS reported by Molson Coors Brewing Company for the previous quarter, Wall Street now forecasts 302.08% EPS growth.

Since January 16, 2018, it had 0 insider purchases, and 4 selling transactions for $5.05 million activity. Another trade for 55,603 shares valued at $4.73M was made by COORS PETER H on Tuesday, January 16. Hunter Mark sold $126,800 worth of Molson Coors Brewing Company (NYSE:TAP) on Wednesday, May 2. 2,595 shares were sold by Anand Krishnan, worth $184,861.

Parametrica Management Ltd, which manages about $157.93M US Long portfolio, upped its stake in Copart Inc (NASDAQ:CPRT) by 10,122 shares to 16,555 shares, valued at $715,000 in 2017Q4, according to the filing. It also increased its holding in Sprint Corp (NYSE:S) by 169,756 shares in the quarter, for a total of 221,547 shares, and has risen its stake in Cnh Indl N V (NYSE:CNHI).

Among 16 analysts covering Molson Coors Brewing Company (NYSE:TAP), 7 have Buy rating, 0 Sell and 9 Hold. Therefore 44% are positive. Molson Coors Brewing Company had 60 analyst reports since August 7, 2015 according to SRatingsIntel. Credit Suisse initiated Molson Coors Brewing Company (NYSE:TAP) rating on Monday, January 23. Credit Suisse has “Neutral” rating and $106 target. Morgan Stanley maintained Molson Coors Brewing Company (NYSE:TAP) on Friday, May 4 with “Equal-Weight” rating. Susquehanna maintained Molson Coors Brewing Company (NYSE:TAP) on Wednesday, August 2 with “Buy” rating. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Hold” rating by Stifel Nicolaus on Thursday, May 17. Citigroup maintained the shares of TAP in report on Friday, May 4 with “Buy” rating. The stock has “Positive” rating by Susquehanna on Wednesday, September 21. The rating was maintained by Susquehanna with “Buy” on Tuesday, August 29. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Buy” rating given on Friday, July 8 by Bryan Garnier & Cie. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, August 2. The firm has “Neutral” rating by UBS given on Wednesday, February 15.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.07, from 1.18 in 2017Q3. It worsened, as 62 investors sold TAP shares while 138 reduced holdings. 66 funds opened positions while 156 raised stakes. 159.01 million shares or 1.37% less from 161.22 million shares in 2017Q3 were reported. Glenmede Tru Na reported 3,907 shares or 0% of all its holdings. 8,267 were reported by Glg Lc. Tci Wealth Advsr stated it has 132 shares or 0% of all its holdings. Regions Fincl Corporation reported 5,693 shares. Commonwealth Bancshares Of Aus owns 0.01% invested in Molson Coors Brewing Company (NYSE:TAP) for 12,469 shares. 331,699 were accumulated by Rhumbline Advisers. New Mexico Educational Retirement Board invested in 17,782 shares or 0.06% of the stock. Naples Global Advisors Ltd Liability stated it has 15,851 shares or 0.38% of all its holdings. Federated Invsts Pa has invested 0% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). Utah Retirement Systems invested in 0.06% or 32,103 shares. Ent Fincl Services Corp stated it has 4 shares. Epoch Prns Inc holds 0.68% in Molson Coors Brewing Company (NYSE:TAP) or 2.51M shares. Insight 2811 Incorporated stated it has 8,300 shares. 10 were reported by Nelson Roberts Invest Limited Liability Company. Caisse De Depot Et Placement Du Quebec has invested 0.01% in Molson Coors Brewing Company (NYSE:TAP).

More important recent Molson Coors Brewing Company (NYSE:TAP) news were published by: Fool.com which released: “Why Molson Coors, Gilead Sciences, and Yum China Holdings Slumped Today” on May 02, 2018, also Seekingalpha.com published article titled: “Molson Coors Brewing (TAP) Q1 2018 Results – Earnings Call Transcript”, Seekingalpha.com published: “RIP Consumer Staples?” on May 24, 2018. More interesting news about Molson Coors Brewing Company (NYSE:TAP) was released by: Seekingalpha.com and their article: “Stifel cools on Molson Coors” with publication date: May 17, 2018.

Molson Coors Brewing Company (NYSE:TAP) Institutional Positions Chart

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