Hg Vora Capital Management Stake in Zayo Group Hldgs (Call) (ZAYO) Has Increased by $9.00 Million; As Cameco (CCJ) Stock Value Declined, Sprott Has Upped Its Position

May 21, 2018 - By Vivian Currie

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

Parag Vora increased its stake in Zayo Group Hldgs Inc (Call) (ZAYO) by 20% based on its latest 2017Q4 regulatory filing with the SEC. Hg Vora Capital Management Llc bought 250,000 shares as the company’s stock declined 6.81% with the market. The hedge fund run by Parag Vora held 1.50M shares of the public utilities company at the end of 2017Q4, valued at $55.20 million, up from 1.25M at the end of the previous reported quarter. Hg Vora Capital Management Llc who had been investing in Zayo Group Hldgs Inc (Call) for a number of months, seems to be bullish on the $8.49B market cap company. The stock increased 0.26% or $0.09 during the last trading session, reaching $34.14. About 2.20 million 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.

Eric Sprott increased its stake in Cameco Corp (CCJ) by 53.03% based on its latest 2017Q4 regulatory filing with the SEC. Sprott Inc bought 35,345 shares as the company’s stock declined 3.93% with the market. The hedge fund run by Eric Sprott held 101,995 shares of the precious metals company at the end of 2017Q4, valued at $941,000, up from 66,650 at the end of the previous reported quarter. Sprott Inc who had been investing in Cameco Corp for a number of months, seems to be bullish on the $4.52 billion market cap company. The stock decreased 0.70% or $0.08 during the last trading session, reaching $11.36. About 1.35M shares traded. Cameco Corporation (NYSE:CCJ) has declined 17.95% since May 21, 2017 and is downtrending. It has underperformed by 29.50% the S&P500.

Among 6 analysts covering Cameco (NYSE:CCJ), 2 have Buy rating, 2 Sell and 2 Hold. Therefore 33% are positive. Cameco had 13 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, February 2. The firm has “Neutral” rating given on Wednesday, April 19 by Credit Suisse. RBC Capital Markets initiated the stock with “Outperform” rating in Thursday, June 29 report. The company was maintained on Tuesday, November 3 by RBC Capital Markets. On Wednesday, October 4 the stock rating was maintained by Bank of America with “Underperform”. The firm has “Neutral” rating by Bank of America given on Thursday, January 12. The rating was maintained by Cowen & Co on Thursday, August 6 with “Market Perform”. The rating was upgraded by BMO Capital Markets on Tuesday, February 14 to “Outperform”. On Tuesday, July 18 the stock rating was downgraded by Credit Suisse to “Underperform”. The stock has “Sector Perform” rating by Scotia Capital on Thursday, April 7.

More notable recent Cameco Corporation (NYSE:CCJ) news were published by: Globenewswire.com which released: “Cameco reports first quarter results” on April 27, 2018, also Globenewswire.com with their article: “Cameco Announces Election of Directors” published on May 16, 2018, Seekingalpha.com published: “The Bull Case For Cameco, Fiat Chrysler, And Yatra” on May 13, 2018. More interesting news about Cameco Corporation (NYSE:CCJ) were released by: Seekingalpha.com and their article: “Cameco’s (CCJ) CEO Tim Gitzel on Q1 2018 Results – Earnings Call Transcript” published on April 27, 2018 as well as Prnewswire.com‘s news article titled: “Data Projects That Uranium Market is on the Rise” with publication date: May 17, 2018.

Sprott Inc, which manages about $3.27 billion and $342.60M US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 5,055 shares to 76,975 shares, valued at $13.03 million in 2017Q4, according to the filing. It also reduced its holding in Syntel Inc (NASDAQ:SYNT) by 20,000 shares in the quarter, leaving it with 300,000 shares, and cut its stake in Westlake Chem Corp (NYSE:WLK).

Since December 29, 2017, it had 0 insider buys, and 23 insider sales for $221.35 million activity. On Wednesday, January 3 Crouch Andrew sold $706,067 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) or 19,537 shares. The insider Richardson Nina sold 655 shares worth $24,078. $387,096 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) was sold by Waters John F Jr.. Connor Richard W. sold 2,500 shares worth $93,750. Steinfort Matt sold 1,891 shares worth $68,749. $173.21 million worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) was sold by GTCR FUND X/A LP on Monday, March 12.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.12, from 1.2 in 2017Q3. It improved, 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. Jacobs Levy Equity Mngmt Inc, New Jersey-based fund reported 35,280 shares. Stifel Financial holds 0.01% or 96,141 shares. Vident Inv Advisory Limited Liability Company reported 14,797 shares. Waterfront Capital Partners Ltd Liability Corporation reported 2.05% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Point72 Asset Lp has 0.41% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO). Amalgamated Savings Bank reported 37,202 shares. 106,161 were reported by Connable Office. Bancshares Of Ny Mellon invested in 0.01% or 803,031 shares. Glenhill Advisors Llc accumulated 936,480 shares or 2.54% of the stock. Timessquare Management Lc invested 0.37% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Renaissance Technologies Limited Company accumulated 1.29 million shares. State Of Wisconsin Invest Board owns 0.02% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 204,948 shares. Archer Mngmt LP invested in 558,811 shares or 7.93% of the stock. Nomura Asset Mgmt Limited owns 21,000 shares for 0.01% of their portfolio. The Connecticut-based Quantitative Systematic Strategies Lc has invested 0.24% in Zayo Group Holdings, Inc. (NYSE:ZAYO).

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. Deutsche Bank initiated Zayo Group Holdings, Inc. (NYSE:ZAYO) on Monday, August 28 with “Hold” rating. Suntrust Robinson initiated Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Tuesday, November 24. Suntrust Robinson has “Buy” rating and $34 target. The company was downgraded on Wednesday, May 10 by JP Morgan. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) earned “Buy” rating by Cowen & Co on Friday, May 4. The stock of Zayo Group Holdings, Inc. (NYSE:ZAYO) has “Buy” rating given on Tuesday, December 13 by SunTrust. The firm has “Buy” rating given on Thursday, July 27 by RBC Capital Markets. The rating was maintained by Morgan Stanley on Thursday, February 8 with “Overweight”. RBC Capital Markets maintained the shares of ZAYO in report on Monday, June 19 with “Buy” rating. The firm has “Buy” rating given on Wednesday, April 18 by Deutsche Bank. As per Tuesday, August 22, the company rating was maintained by Stifel Nicolaus.

More notable recent Zayo Group Holdings, Inc. (NYSE:ZAYO) news were published by: Businesswire.com which released: “Zayo To Advance Evaluation of REIT Conversion” on May 03, 2018, also Businesswire.com with their article: “Global Business Process Outsourcing Company Selects Zayo” published on May 17, 2018, Businesswire.com published: “Spread Networks by Zayo Upgrades Wireless Route in Financial Corridor” on May 08, 2018. More interesting news about Zayo Group Holdings, Inc. (NYSE:ZAYO) were released by: Seekingalpha.com and their article: “Zayo Group 2018 Q3 – Results – Earnings Call Slides” published on May 03, 2018 as well as Businesswire.com‘s news article titled: “Zayo Executives to Present at May Investor Conferences” with publication date: May 14, 2018.

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

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