Coliseum Capital Management Cut Providence Svc (PRSC) Position by $18.56 Million; Tpg Group Holdings Sbs Advisors Has Upped Its Amc Entmt Hldgs (AMC) Holding by $2.28 Million as Stock Declined

May 18, 2018 - By Peter Erickson

AMC Entertainment Holdings, Inc. (NYSE:AMC) Logo

Tpg Group Holdings Sbs Advisors Inc increased its stake in Amc Entmt Hldgs Inc. (AMC) by 68.93% based on its latest 2017Q4 regulatory filing with the SEC. Tpg Group Holdings Sbs Advisors Inc bought 151,669 shares as the company’s stock declined 8.72% with the market. The institutional investor held 371,695 shares of the consumer services company at the end of 2017Q4, valued at $5.61M, up from 220,026 at the end of the previous reported quarter. Tpg Group Holdings Sbs Advisors Inc who had been investing in Amc Entmt Hldgs Inc. for a number of months, seems to be bullish on the $2.13B market cap company. It closed at $16.6 lastly. It is down 55.84% since May 18, 2017 and is downtrending. It has underperformed by 67.39% the S&P500.

Christopher Shackelton decreased its stake in Providence Svc Corp (PRSC) by 15.98% based on its latest 2017Q4 regulatory filing with the SEC. Coliseum Capital Management Llc sold 314,605 shares as the company’s stock rose 16.23% while stock markets declined. The hedge fund run by Christopher Shackelton held 1.65 million shares of the transportation services company at the end of 2017Q4, valued at $98.13M, down from 1.97M at the end of the previous reported quarter. Coliseum Capital Management Llc who had been investing in Providence Svc Corp for a number of months, seems to be less bullish one the $976.92 million market cap company. The stock increased 1.57% or $1.16 during the last trading session, reaching $75.01. About 106,618 shares traded or 36.10% up from the average. The Providence Service Corporation (NASDAQ:PRSC) has risen 56.58% since May 18, 2017 and is uptrending. It has outperformed by 45.03% the S&P500.

More notable recent AMC Entertainment Holdings, Inc. (NYSE:AMC) news were published by: Investorplace.com which released: “AMC Entertainment Holdings Inc Stock Will Soar on Summer Blockbusters” on April 25, 2018, also Finance.Yahoo.com with their article: “If MoviePass Dies, AMC Is Going to Feel the Pain” published on May 11, 2018, Seekingalpha.com published: “US box office trending higher” on May 07, 2018. More interesting news about AMC Entertainment Holdings, Inc. (NYSE:AMC) were released by: Seekingalpha.com and their article: “AMC Entertainment Holdings’ (AMC) CEO Adam Aron on Q1 2018 Results – Earnings Call Transcript” published on May 08, 2018 as well as Seekingalpha.com‘s news article titled: “The Land Of Wakanda Augments AMC Past Quarterly Estimates” with publication date: May 14, 2018.

Tpg Group Holdings Sbs Advisors Inc, which manages about $6.52 billion US Long portfolio, decreased its stake in Etsy Inc. by 64,216 shares to 145,488 shares, valued at $2.98M in 2017Q4, according to the filing. It also reduced its holding in Hamilton Lane Inc. by 325,051 shares in the quarter, leaving it with 1.03M shares, and cut its stake in Fidelity National Financial (NYSE:FNF).

Among 17 analysts covering AMC Entertainment (NYSE:AMC), 10 have Buy rating, 1 Sell and 6 Hold. Therefore 59% are positive. AMC Entertainment had 69 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Wedbush on Wednesday, November 1 with “Buy”. The stock has “Equal-Weight” rating by Barclays Capital on Monday, August 28. The stock has “Buy” rating by FBR Capital on Tuesday, May 8. On Monday, April 9 the stock rating was upgraded by Wedbush to “Buy”. The rating was maintained by FBR Capital with “Buy” on Thursday, March 1. The rating was upgraded by FBR Capital on Monday, April 3 to “Outperform”. The rating was initiated by Goldman Sachs with “Neutral” on Wednesday, December 14. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Wednesday, January 10 report. The firm earned “Outperform” rating on Friday, January 20 by RBC Capital Markets. Piper Jaffray maintained AMC Entertainment Holdings, Inc. (NYSE:AMC) on Sunday, August 6 with “Buy” rating.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.41, from 1.32 in 2017Q3. It worsened, as 31 investors sold AMC shares while 50 reduced holdings. 30 funds opened positions while 44 raised stakes. 52.03 million shares or 7.10% less from 56.01 million shares in 2017Q3 were reported. Moreover, Deprince Race & Zollo has 0% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC). Denver Investment Ltd Liability holds 0.65% or 862,334 shares in its portfolio. Phoenix Investment Adviser Limited Liability Company owns 1.27% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC) for 88,000 shares. Deutsche Comml Bank Ag invested in 621,202 shares or 0.01% of the stock. Great West Life Assurance Can accumulated 5,982 shares. Oz Mngmt LP owns 281,300 shares for 0.02% of their portfolio. Park Circle has 0.03% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC) for 4,000 shares. Creative Planning owns 48,537 shares. California Employees Retirement Sys accumulated 102,276 shares or 0% of the stock. Act Ii LP invested in 254,662 shares. State Street Corporation accumulated 0% or 1.09 million shares. Ameritas Investment Prtnrs owns 4,845 shares. Quinn Opportunity Limited Liability Co has 32,000 shares. Fin Consulate holds 0.09% or 11,050 shares in its portfolio. Highbridge Capital Limited Liability Com has invested 0.02% in AMC Entertainment Holdings, Inc. (NYSE:AMC).

Among 3 analysts covering The Providence Service Corporation (NASDAQ:PRSC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. The Providence Service Corporation had 6 analyst reports since August 10, 2015 according to SRatingsIntel. Avondale initiated the stock with “Mkt Perform” rating in Tuesday, October 11 report. Barrington Research maintained The Providence Service Corporation (NASDAQ:PRSC) on Monday, August 10 with “Outperform” rating. The stock of The Providence Service Corporation (NASDAQ:PRSC) earned “Outperform” rating by Barrington Research on Tuesday, September 22. On Thursday, November 10 the stock rating was downgraded by Avondale to “Mkt Perform”. As per Wednesday, November 2, the company rating was upgraded by Avondale.

More notable recent The Providence Service Corporation (NASDAQ:PRSC) news were published by: Globenewswire.com which released: “LogistiCare Names Neil Singer Chief Technology Officer” on May 01, 2018, also Nasdaq.com with their article: “Providence to Report First Quarter 2018 Results on Wednesday, May 9th” published on May 02, 2018, Globenewswire.com published: “LogistiCare Names Matthew Umscheid as Senior Vice President of Strategic Services” on April 25, 2018. More interesting news about The Providence Service Corporation (NASDAQ:PRSC) were released by: Globenewswire.com and their article: “Providence Service Corporation Reports First Quarter 2018 Results” published on May 09, 2018 as well as Seekingalpha.com‘s news article titled: “The Providence Service’s (PRSC) CEO Carter Pate on Q1 2018 Results – Earnings Call Transcript” with publication date: May 10, 2018.

Since December 8, 2017, it had 0 buys, and 6 insider sales for $22.43 million activity. MEINTS KRISTI sold $685,700 worth of stock or 10,000 shares. Coliseum Capital Management – LLC sold $17.64 million worth of stock. KERLEY RICHARD A had sold 667 shares worth $47,284 on Tuesday, March 13.

Investors sentiment increased to 1.78 in 2017 Q4. Its up 0.98, from 0.8 in 2017Q3. It improved, as 9 investors sold PRSC shares while 37 reduced holdings. 29 funds opened positions while 53 raised stakes. 12.30 million shares or 2.51% less from 12.62 million shares in 2017Q3 were reported. Millennium Mngmt Limited Com has invested 0% in The Providence Service Corporation (NASDAQ:PRSC). Assetmark has invested 0% in The Providence Service Corporation (NASDAQ:PRSC). Ajo Lp reported 76,146 shares or 0.02% of all its holdings. Prtn Ltd Llc has invested 0.01% in The Providence Service Corporation (NASDAQ:PRSC). Employees Retirement Systems Of Ohio has invested 0% in The Providence Service Corporation (NASDAQ:PRSC). Spark Inv Mgmt Limited Liability invested in 0.04% or 13,054 shares. Jacobs Levy Equity invested 0.05% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC). Hsbc Public Ltd Co reported 4,173 shares stake. 3,575 were reported by Ubs Asset Mgmt Americas. Jpmorgan Chase And has 35,783 shares. Ironwood Ltd Com reported 500 shares. Neuberger Berman Gp Limited Liability Co owns 571,209 shares for 0.04% of their portfolio. Pinebridge Invests LP has invested 0.03% in The Providence Service Corporation (NASDAQ:PRSC). 50,282 are owned by Lord Abbett Limited Liability Corp. The Nebraska-based Ameritas Invest Prtn has invested 0% in The Providence Service Corporation (NASDAQ:PRSC).

The Providence Service Corporation (NASDAQ:PRSC) Institutional Positions Chart

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