Madison Investment Holdings Increased Range Resources (RRC) Stake by $1.30 Million; As Sonic (SONC) Stock Price Rose, Public Employees Retirement System Of Ohio Has Increased by $367,550 Its Stake

January 23, 2018 - By Marie Mckinney

Public Employees Retirement System Of Ohio increased its stake in Sonic Corp (SONC) by 2344.82% based on its latest 2017Q3 regulatory filing with the SEC. Public Employees Retirement System Of Ohio bought 14,702 shares as the company’s stock rose 6.84% with the market. The institutional investor held 15,329 shares of the restaurants company at the end of 2017Q3, valued at $390,000, up from 627 at the end of the previous reported quarter. Public Employees Retirement System Of Ohio who had been investing in Sonic Corp for a number of months, seems to be bullish on the $1.03B market cap company. The stock increased 1.44% or $0.38 during the last trading session, reaching $26.76. About 615,932 shares traded. Sonic Corp. (NASDAQ:SONC) has declined 5.36% since January 23, 2017 and is downtrending. It has underperformed by 22.06% the S&P500.

Madison Investment Holdings Inc increased its stake in Range Resources Corporation (RRC) by 21.15% based on its latest 2017Q3 regulatory filing with the SEC. Madison Investment Holdings Inc bought 68,300 shares as the company’s stock declined 18.29% while stock markets rallied. The institutional investor held 391,200 shares of the oil & gas production company at the end of 2017Q3, valued at $7.66M, up from 322,900 at the end of the previous reported quarter. Madison Investment Holdings Inc who had been investing in Range Resources Corporation for a number of months, seems to be bullish on the $4.23B market cap company. The stock increased 4.71% or $0.78 during the last trading session, reaching $17.33. About 8.80M shares traded or 22.32% up from the average. Range Resources Corporation (NYSE:RRC) has declined 36.05% since January 23, 2017 and is downtrending. It has underperformed by 52.75% the S&P500.

Since October 26, 2017, it had 0 insider purchases, and 3 selling transactions for $729,062 activity. MANNY ROGER S sold $176,678 worth of stock. $46,533 worth of Range Resources Corporation (NYSE:RRC) was sold by DUB ANTHONY V.

Investors sentiment is 1.35 in Q3 2017. Its the same as in 2017Q2. It is flat, as 55 investors sold RRC shares while 102 reduced holdings. only 52 funds opened positions while 160 raised stakes. 248.08 million shares or 7.58% more from 230.61 million shares in 2017Q2 were reported. Ing Groep Nv invested in 0.01% or 19,514 shares. Creative Planning owns 34,373 shares or 0% of their US portfolio. Utd Ser Automobile Association has 0.01% invested in Range Resources Corporation (NYSE:RRC) for 198,884 shares. Miller Howard Invests holds 0.16% or 408,499 shares. Parametric Ltd Limited Liability Company invested in 966,115 shares. Assetmark holds 0% or 6 shares in its portfolio. Catalyst Capital Limited Liability Company accumulated 5 shares or 0% of the stock. Ironwood Fincl Limited Liability reported 0% of its portfolio in Range Resources Corporation (NYSE:RRC). Manufacturers Life Insurance Communication The, Ontario – Canada-based fund reported 678,690 shares. Nomura Asset Mngmt Company Ltd owns 0.01% invested in Range Resources Corporation (NYSE:RRC) for 28,743 shares. Pnc Fincl Services Gru Incorporated owns 94,413 shares or 0% of their US portfolio. First Washington holds 199,130 shares or 1.94% of its portfolio. State Of Wisconsin Invest Board owns 197,785 shares for 0.01% of their portfolio. Rampart Inv Ltd Liability Corp has invested 0.02% in Range Resources Corporation (NYSE:RRC). S&Co Inc holds 0.63% of its portfolio in Range Resources Corporation (NYSE:RRC) for 252,856 shares.

Madison Investment Holdings Inc, which manages about $5.59B US Long portfolio, decreased its stake in Microsoft Corporation (NASDAQ:MSFT) by 162,573 shares to 667,584 shares, valued at $49.73 million in 2017Q3, according to the filing. It also reduced its holding in Brown & Brown Inc. (NYSE:BRO) by 17,206 shares in the quarter, leaving it with 947,635 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

Among 40 analysts covering Range Resources Corp. (NYSE:RRC), 26 have Buy rating, 1 Sell and 13 Hold. Therefore 65% are positive. Range Resources Corp. had 130 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, August 3 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Outperform” rating by Raymond James on Tuesday, May 17. Deutsche Bank maintained it with “Hold” rating and $35 target in Friday, March 11 report. The rating was initiated by Imperial Capital on Tuesday, November 3 with “In-Line”. The company was maintained on Thursday, September 7 by RBC Capital Markets. The firm earned “Buy” rating on Wednesday, September 13 by Stifel Nicolaus. The stock of Range Resources Corporation (NYSE:RRC) earned “Outperform” rating by Wells Fargo on Friday, April 28. Howard Weil downgraded the stock to “Sector Perform” rating in Monday, December 14 report. The stock has “Outperform” rating by RBC Capital Markets on Monday, May 2. The company was downgraded on Friday, September 8 by Goldman Sachs.

Since October 23, 2017, it had 0 insider purchases, and 5 sales for $3.07 million activity. $1.42M worth of stock was sold by RICHARDSON FRANK E III on Wednesday, December 13.

Among 16 analysts covering Sonic (NASDAQ:SONC), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. Sonic had 44 analyst reports since August 25, 2015 according to SRatingsIntel. On Wednesday, September 28 the stock rating was maintained by Jefferies with “Hold”. The stock of Sonic Corp. (NASDAQ:SONC) has “Underperform” rating given on Tuesday, June 13 by Bank of America. The stock of Sonic Corp. (NASDAQ:SONC) earned “Hold” rating by Canaccord Genuity on Monday, March 20. Jefferies maintained the stock with “Hold” rating in Tuesday, June 13 report. The stock has “Hold” rating by Deutsche Bank on Tuesday, October 25. The stock has “Hold” rating by Jefferies on Friday, December 22. Jefferies maintained Sonic Corp. (NASDAQ:SONC) rating on Tuesday, October 10. Jefferies has “Hold” rating and $26.0 target. As per Friday, June 24, the company rating was maintained by Bank of America. The rating was maintained by Oppenheimer on Friday, June 23 with “Buy”. As per Tuesday, October 17, the company rating was maintained by Canaccord Genuity.

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:


Recent Posts

>