Principal Financial Group (PFG) Shareholder Amg National Trust Bank Lowered Stake; Selz Capital Increases Stake in New Media Investment Groupinc (NEWM)

January 14, 2018 - By Winifred Garcia

Bernard Selz increased its stake in New Media Investment Groupinc (NEWM) by 71.43% based on its latest 2017Q3 regulatory filing with the SEC. Selz Capital Llc bought 50,000 shares as the company’s stock declined 21.90% while stock markets rallied. The hedge fund run by Bernard Selz held 120,000 shares of the newspapers and magazines company at the end of 2017Q3, valued at $1.78 million, up from 70,000 at the end of the previous reported quarter. Selz Capital Llc who had been investing in New Media Investment Groupinc for a number of months, seems to be bullish on the $894.04 million market cap company. The stock increased 0.06% or $0.01 during the last trading session, reaching $16.91. About 173,193 shares traded. New Media Investment Group Inc. (NYSE:NEWM) has declined 23.77% since January 14, 2017 and is downtrending. It has underperformed by 40.47% the S&P500.

Amg National Trust Bank decreased its stake in Principal Financial Group (PFG) by 10.21% based on its latest 2017Q3 regulatory filing with the SEC. Amg National Trust Bank sold 10,497 shares as the company’s stock declined 2.08% while stock markets rallied. The institutional investor held 92,346 shares of the accident &health insurance company at the end of 2017Q3, valued at $5.94 million, down from 102,843 at the end of the previous reported quarter. Amg National Trust Bank who had been investing in Principal Financial Group for a number of months, seems to be less bullish one the $21.43 billion market cap company. The stock increased 0.45% or $0.33 during the last trading session, reaching $74.21. About 1.04 million shares traded. Principal Financial Group, Inc. (NYSE:PFG) has risen 43.60% since January 14, 2017 and is uptrending. It has outperformed by 26.90% the S&P500.

Among 3 analysts covering New Media Investment Group Inc. (NYSE:NEWM), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. New Media Investment Group Inc. had 7 analyst reports since March 24, 2016 according to SRatingsIntel. On Wednesday, August 24 the stock rating was downgraded by Citigroup to “Sell”. On Friday, April 29 the stock rating was maintained by Compass Point with “Buy”. The rating was downgraded by Barrington Research on Thursday, September 29 to “Market Perform”. The firm has “Buy” rating given on Thursday, March 24 by Citigroup. Barrington Research maintained the shares of NEWM in report on Monday, August 15 with “Outperform” rating. The firm earned “Neutral” rating on Friday, July 29 by Compass Point. As per Tuesday, April 5, the company rating was downgraded by Citigroup.

Investors sentiment increased to 1.58 in 2017 Q3. Its up 0.10, from 1.48 in 2017Q2. It improved, as 13 investors sold NEWM shares while 35 reduced holdings. 21 funds opened positions while 55 raised stakes. 40.63 million shares or 2.90% more from 39.48 million shares in 2017Q2 were reported. State Of Alaska Department Of Revenue owns 10,611 shares. Swiss Bankshares has 0% invested in New Media Investment Group Inc. (NYSE:NEWM). Tudor Invest Et Al invested in 0.02% or 41,410 shares. Panagora Asset holds 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM) for 37,124 shares. Bnp Paribas Arbitrage reported 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM). Hsbc Public Limited Co holds 0% in New Media Investment Group Inc. (NYSE:NEWM) or 17,033 shares. Hilltop Hldgs reported 0.11% stake. Schroder Inv Mgmt Gp invested in 19,400 shares. Prelude Mngmt Ltd Liability owns 0.01% invested in New Media Investment Group Inc. (NYSE:NEWM) for 8,400 shares. Comerica Financial Bank accumulated 56,037 shares. Citadel Ltd Liability Corporation accumulated 301,727 shares or 0% of the stock. Us Bankshares De holds 675 shares. Advisers Ltd Limited Liability Company, California-based fund reported 1.07M shares. The Arizona-based Arizona State Retirement has invested 0% in New Media Investment Group Inc. (NYSE:NEWM). Wells Fargo And Communication Mn reported 0.01% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM).

Investors sentiment increased to 1.18 in 2017 Q3. Its up 0.12, from 1.06 in 2017Q2. It is positive, as 36 investors sold PFG shares while 151 reduced holdings. 48 funds opened positions while 173 raised stakes. 194.42 million shares or 0.40% more from 193.64 million shares in 2017Q2 were reported. Illinois-based Nuveen Asset Mngmt Limited has invested 0% in Principal Financial Group, Inc. (NASDAQ:PFG). Pineno Levin Ford Asset Mgmt accumulated 38,003 shares or 1.12% of the stock. Next Grp Inc stated it has 0.01% in Principal Financial Group, Inc. (NASDAQ:PFG). Denali Advisors Ltd Liability Com stated it has 1.62% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG). Atwood And Palmer Inc, Missouri-based fund reported 302 shares. Morgan Stanley accumulated 0.03% or 1.55M shares. American Century reported 0% stake. Prudential Fincl Inc invested 0.1% in Principal Financial Group, Inc. (NASDAQ:PFG). Grimes & Communications holds 0.86% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG) for 126,099 shares. Convergence Investment Partners Lc owns 0.24% invested in Principal Financial Group, Inc. (NASDAQ:PFG) for 26,228 shares. Cibc Markets, New York-based fund reported 39,138 shares. Commonwealth Of Pennsylvania School Empls Retrmt System accumulated 21,855 shares. Moreover, Pnc Svcs has 0.1% invested in Principal Financial Group, Inc. (NASDAQ:PFG) for 1.45 million shares. Sei Invests Company holds 0.02% or 68,538 shares. Ngam Advsrs LP holds 0.01% or 16,848 shares.

Amg National Trust Bank, which manages about $1.45 billion US Long portfolio, upped its stake in Southwestern Energy (NYSE:SWN) by 197,465 shares to 258,138 shares, valued at $1.58 million in 2017Q3, according to the filing. It also increased its holding in I Shares Silver Trust (SLV) by 29,852 shares in the quarter, for a total of 554,310 shares, and has risen its stake in Bb&T Corp (NYSE:BBT).

Since August 4, 2017, it had 0 insider purchases, and 13 selling transactions for $31.57 million activity. Everett Nora Mary also sold $88,196 worth of Principal Financial Group, Inc. (NASDAQ:PFG) on Thursday, October 19. $4.07 million worth of Principal Financial Group, Inc. (NASDAQ:PFG) shares were sold by MCCAUGHAN JAMES P. 24,310 Principal Financial Group, Inc. (NASDAQ:PFG) shares with value of $1.74M were sold by SCHOLTEN GARY P. Shares for $3.34M were sold by Valdes Luis E.. SHAFF KAREN E had sold 10,588 shares worth $720,090 on Thursday, October 19.

Among 15 analysts covering Principal Financial Group Inc. (NYSE:PFG), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Principal Financial Group Inc. had 37 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was downgraded by Atlantic Securities to “Neutral” on Friday, February 26. The stock has “Buy” rating by Wells Fargo on Thursday, June 29. Credit Suisse initiated Principal Financial Group, Inc. (NASDAQ:PFG) on Friday, October 7 with “Underperform” rating. As per Tuesday, January 9, the company rating was downgraded by Wells Fargo. RBC Capital Markets maintained it with “Buy” rating and $7300 target in Monday, July 10 report. The firm has “Buy” rating given on Thursday, July 27 by Wells Fargo. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 23. The firm has “Equal-Weight” rating given on Thursday, October 5 by Morgan Stanley. As per Thursday, January 26, the company rating was initiated by Citigroup. The rating was maintained by RBC Capital Markets on Monday, October 9 with “Buy”.

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