Hd Supply Hldgs (HDS) Shares Rose While Highfields Capital Management LP Has Decreased by $91.41 Million Its Stake; Westover Capital Advisors Lifted Its Position in General Mtrs Co (GM) by $336,600

June 14, 2018 - By wolcottdaily

General Motors Company (NYSE:GM) Logo

Jonathon Jacobson decreased its stake in Hd Supply Hldgs Inc (HDS) by 41.57% based on its latest 2018Q1 regulatory filing with the SEC. Highfields Capital Management Lp sold 2.47 million shares as the company’s stock rose 9.48% while stock markets declined. The hedge fund run by Jonathon Jacobson held 3.47 million shares of the consumer services company at the end of 2018Q1, valued at $131.73 million, down from 5.94M at the end of the previous reported quarter. Highfields Capital Management Lp who had been investing in Hd Supply Hldgs Inc for a number of months, seems to be less bullish one the $7.95 billion market cap company. The stock increased 1.50% or $0.64 during the last trading session, reaching $43.29. About 2.01M shares traded or 16.34% up from the average. HD Supply Holdings, Inc. (NASDAQ:HDS) has declined 2.18% since June 14, 2017 and is downtrending. It has underperformed by 14.75% the S&P500.

Westover Capital Advisors Llc increased its stake in General Mtrs Co (GM) by 10.38% based on its latest 2018Q1 regulatory filing with the SEC. Westover Capital Advisors Llc bought 9,350 shares as the company’s stock declined 7.80% with the market. The institutional investor held 99,404 shares of the auto manufacturing company at the end of 2018Q1, valued at $3.61 million, up from 90,054 at the end of the previous reported quarter. Westover Capital Advisors Llc who had been investing in General Mtrs Co for a number of months, seems to be bullish on the $61.44 billion market cap company. The stock decreased 1.93% or $0.86 during the last trading session, reaching $43.59. About 8.60 million shares traded. General Motors Company (NYSE:GM) has risen 17.48% since June 14, 2017 and is uptrending. It has outperformed by 4.91% the S&P500. Some Historical GM News: 20/04/2018 – GM KOREA UNION SEEKS TO CONTINUE NEGOTIATING: UNION SPOKESMAN; 21/03/2018 – IBD: GM, Ford, Fiat Chrysler Rise As Trump Wobbles On This Key Nafta Demand; 31/05/2018 – GM Cruise Unit Draws $2.25 Billion Softbank Investment (Correct); 18/04/2018 – Cadillac President Johan De Nysschen replaced by head of GM Canada; 14/05/2018 – MEDIA-India’s GEAC orders more field trials of GM mustard to check impact on honey bees – Business Standard; 16/03/2018 – Moody’s assigns provisional ratings to GMF Floorplan Owner Revolving Trust, Series 2018-1 Notes; 26/04/2018 – General Motors 1Q Net $1B; 02/04/2018 – GM KOREA MARCH TOTAL SALES DOWN 19 PCT Y/Y; 26/04/2018 – S. KOREA OFFICIALS INFORMED OF GM KOREA’S NEGOTIATION STATUS; 26/04/2018 – Bose Earns `Supplier of the Year’ Honors from General Motors

More notable recent General Motors Company (NYSE:GM) news were published by: Seekingalpha.com which released: “GM +10% as dreamy AV talk turns commercial” on May 31, 2018, also Seekingalpha.com with their article: “GM plans even bigger EV push in China” published on June 05, 2018, Investorplace.com published: “Crank up This General Motors Company Opportunity” on June 13, 2018. More interesting news about General Motors Company (NYSE:GM) were released by: Seekingalpha.com and their article: “General Motors names new CFO” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “General Motors: Is Dividend Growth Sustainable?” with publication date: June 05, 2018.

Investors sentiment increased to 1.01 in 2018 Q1. Its up 0.11, from 0.9 in 2017Q4. It is positive, as 77 investors sold GM shares while 292 reduced holdings. 90 funds opened positions while 284 raised stakes. 995.41 million shares or 0.40% less from 999.45 million shares in 2017Q4 were reported. Moreover, Bluemountain Cap Management Limited Liability Co has 0.19% invested in General Motors Company (NYSE:GM) for 223,793 shares. Rhumbline Advisers invested in 0.17% or 2.24 million shares. Comml Bank Of Hawaii holds 12,221 shares or 0.04% of its portfolio. Shell Asset Co holds 316,770 shares or 0.23% of its portfolio. Advsrs Mgmt Ltd Llc holds 496,364 shares. 150,645 were accumulated by Sumitomo Mitsui Asset Mgmt. Riverhead Capital Management Ltd Liability Company holds 171,220 shares or 0.26% of its portfolio. Annex Advisory Svcs Lc accumulated 33,104 shares. State Bank Of The West stated it has 108,924 shares. Mariner Wealth Advsrs invested 0.07% of its portfolio in General Motors Company (NYSE:GM). Pineno Levin Ford Asset stated it has 1.49% of its portfolio in General Motors Company (NYSE:GM). Dubuque Bancshares owns 145 shares or 0% of their US portfolio. Daiwa Sb has 660 shares for 0.01% of their portfolio. Alethea Cap Mngmt Limited Company holds 57,240 shares or 2.82% of its portfolio. 618,209 were accumulated by Federated Pa.

Among 30 analysts covering General Motors Company (NYSE:GM), 19 have Buy rating, 3 Sell and 8 Hold. Therefore 63% are positive. General Motors Company had 99 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $51.0 target in Wednesday, October 25 report. The stock of General Motors Company (NYSE:GM) has “Buy” rating given on Friday, October 2 by UBS. Bank of America maintained it with “Buy” rating and $60 target in Wednesday, February 7 report. On Thursday, May 31 the stock rating was upgraded by Evercore to “Outperform”. The firm earned “Strong-Buy” rating on Friday, March 31 by Tigress Financial. The firm earned “Hold” rating on Monday, June 12 by Jefferies. The stock of General Motors Company (NYSE:GM) has “Buy” rating given on Monday, May 16 by Citigroup. UBS maintained General Motors Company (NYSE:GM) on Wednesday, October 11 with “Buy” rating. The firm has “Sell” rating by Goldman Sachs given on Monday, October 30. The rating was downgraded by Standpoint Research on Thursday, September 14 to “Hold”.

Highfields Capital Management Lp, which manages about $22.71 billion and $11.05 billion US Long portfolio, upped its stake in Time Warner Inc (NYSE:TWX) by 804,869 shares to 12.41M shares, valued at $1.17B in 2018Q1, according to the filing. It also increased its holding in Comcast Corp New (NASDAQ:CMCSA) by 11.63 million shares in the quarter, for a total of 23.02M shares, and has risen its stake in Mondelez Intl Inc (NASDAQ:MDLZ).

Investors sentiment decreased to 1.11 in Q1 2018. Its down 0.10, from 1.21 in 2017Q4. It dropped, as 41 investors sold HDS shares while 95 reduced holdings. 37 funds opened positions while 114 raised stakes. 174.66 million shares or 0.38% less from 175.32 million shares in 2017Q4 were reported. Regions, a Alabama-based fund reported 6,038 shares. 1.32 million are held by Pub Employees Retirement Association Of Colorado. 40,353 are owned by Bokf Na. Quantitative Investment Mngmt Limited Co invested in 28,500 shares or 0.02% of the stock. Westpac owns 0% invested in HD Supply Holdings, Inc. (NASDAQ:HDS) for 45,791 shares. Tower Rech Ltd Com (Trc) invested in 7,151 shares or 0.02% of the stock. Trexquant Inv Limited Partnership owns 34,658 shares for 0.09% of their portfolio. 697,918 are held by Bluemountain Mgmt Limited Com. Ellington Grp Incorporated Ltd Llc reported 50,500 shares. Td Asset Management owns 303,790 shares. Cap Fund Management stated it has 0.08% in HD Supply Holdings, Inc. (NASDAQ:HDS). Asset reported 6,879 shares stake. Financial Architects Inc invested in 0.01% or 1,269 shares. Clayton Dubilier And Rice Ltd Limited Liability Company reported 15,081 shares or 0.06% of all its holdings. Netherlands-based Robeco Institutional Asset Mgmt Bv has invested 0.05% in HD Supply Holdings, Inc. (NASDAQ:HDS).

General Motors Company (NYSE:GM) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>