Weaver C Barksdale & Associates Boosted Its Position in At&T (T) by $382,590 as Stock Declined; As Sanderson Farms (SAFM) Market Value Rose, Sprott Trimmed Its Holding

January 23, 2018 - By Migdalia James

Eric Sprott decreased its stake in Sanderson Farms Inc (SAFM) by 47.64% based on its latest 2017Q3 regulatory filing with the SEC. Sprott Inc sold 45,500 shares as the company’s stock rose 21.33% with the market. The hedge fund run by Eric Sprott held 50,000 shares of the consumer non-durables company at the end of 2017Q3, valued at $8.03 million, down from 95,500 at the end of the previous reported quarter. Sprott Inc who had been investing in Sanderson Farms Inc for a number of months, seems to be less bullish one the $3.10B market cap company. The stock decreased 0.53% or $0.715 during the last trading session, reaching $135.575. About 207,140 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has risen 33.01% since January 23, 2017 and is uptrending. It has outperformed by 16.31% the S&P500.

Weaver C Barksdale & Associates Inc increased its stake in At&T Inc (T) by 31.33% based on its latest 2017Q3 regulatory filing with the SEC. Weaver C Barksdale & Associates Inc bought 9,810 shares as the company’s stock declined 7.81% while stock markets rallied. The institutional investor held 41,123 shares of the telecommunications equipment company at the end of 2017Q3, valued at $1.61M, up from 31,313 at the end of the previous reported quarter. Weaver C Barksdale & Associates Inc who had been investing in At&T Inc for a number of months, seems to be bullish on the $228.56B market cap company. The stock decreased 1.69% or $0.64 during the last trading session, reaching $37.23. About 14.37M shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since January 23, 2017 and is downtrending. It has underperformed by 17.22% the S&P500.

Weaver C Barksdale & Associates Inc, which manages about $4.06 billion and $89.62M US Long portfolio, decreased its stake in Frontier Communications C by 35,271 shares to 3,670 shares, valued at $43,000 in 2017Q3, according to the filing.

Among 29 analysts covering AT&T Inc. (NYSE:T), 10 have Buy rating, 1 Sell and 18 Hold. Therefore 34% are positive. AT&T Inc. had 69 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Mkt Perform” rating on Friday, July 22 by FBR Capital. The firm has “Perform” rating by Oppenheimer given on Tuesday, November 8. The company was maintained on Tuesday, January 2 by KeyBanc Capital Markets. The rating was upgraded by Moffett Nathanson to “Neutral” on Tuesday, May 30. The stock of AT&T Inc. (NYSE:T) has “Buy” rating given on Tuesday, April 11 by Argus Research. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, October 25. RBC Capital Markets maintained the stock with “Hold” rating in Friday, July 7 report. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, October 11. The firm has “Outperform” rating by Wells Fargo given on Wednesday, April 12. As per Tuesday, April 5, the company rating was initiated by Macquarie Research.

Investors sentiment increased to 1.17 in Q3 2017. Its up 0.02, from 1.15 in 2017Q2. It is positive, as 77 investors sold T shares while 609 reduced holdings. 106 funds opened positions while 696 raised stakes. 3.34 billion shares or 1.04% more from 3.31 billion shares in 2017Q2 were reported. S R Schill Associates owns 43,616 shares for 1.02% of their portfolio. Marble Harbor Investment Counsel Lc invested in 79,210 shares or 0.63% of the stock. Sterling Cap Management Ltd Llc has invested 0.17% in AT&T Inc. (NYSE:T). Cetera Ltd Limited Liability Company reported 296,764 shares or 0.7% of all its holdings. Ccm Inv Advisers Ltd Liability has invested 1.59% of its portfolio in AT&T Inc. (NYSE:T). Karp Cap Mngmt Corp stated it has 0.43% of its portfolio in AT&T Inc. (NYSE:T). Andra Ap, a Alabama-based fund reported 1.05M shares. Ronna Sue Cohen invested 1.31% in AT&T Inc. (NYSE:T). Delta Capital Mgmt Ltd Llc accumulated 55,750 shares or 1.45% of the stock. Cypress Capital Ltd Liability Company accumulated 340,696 shares or 2.83% of the stock. Ogorek Anthony Joseph Adv accumulated 497 shares. Vantage Advsrs Ltd Com invested in 1.97% or 195,433 shares. 105,191 are owned by Security Natl Tru. 64,271 are held by Financial Bank Of The West. Bancorporation Of Nova Scotia Co reported 12,328 shares.

Among 14 analysts covering Sanderson Farms Inc. (NASDAQ:SAFM), 5 have Buy rating, 4 Sell and 5 Hold. Therefore 36% are positive. Sanderson Farms Inc. had 34 analyst reports since August 26, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Hold” rating in Monday, June 26 report. The firm has “Outperform” rating given on Thursday, December 3 by CLSA. As per Thursday, August 18, the company rating was upgraded by CLSA. The firm has “Overweight” rating by KeyBanc Capital Markets given on Monday, March 27. On Thursday, December 3 the stock rating was upgraded by Credit Agricole to “Outperform”. BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) on Thursday, October 12 with “Hold” rating. DA Davidson upgraded Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Monday, December 5. DA Davidson has “Buy” rating and $98 target. As per Friday, December 15, the company rating was maintained by BMO Capital Markets. KeyBanc Capital Markets downgraded the stock to “Equal-Weight” rating in Monday, June 12 report. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) earned “Neutral” rating by DA Davidson on Wednesday, October 5.

Since August 25, 2017, it had 0 buys, and 5 insider sales for $1.09 million activity. KHAYAT ROBERT C sold $252,593 worth of stock or 1,775 shares. LIVINGSTON PHIL K also sold $123,714 worth of Sanderson Farms, Inc. (NASDAQ:SAFM) shares. MOONEY DIANNE sold $198,771 worth of Sanderson Farms, Inc. (NASDAQ:SAFM) on Wednesday, August 30. Bierbusse John also sold $86,269 worth of Sanderson Farms, Inc. (NASDAQ:SAFM) on Friday, August 25.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.07, from 0.94 in 2017Q2. It dropped, as 45 investors sold SAFM shares while 98 reduced holdings. 62 funds opened positions while 63 raised stakes. 21.94 million shares or 0.56% less from 22.07 million shares in 2017Q2 were reported. First Ltd Partnership holds 0.02% or 49,951 shares. Southernsun Asset Mgmt Limited Liability Com holds 405,484 shares. State Common Retirement Fund holds 0.02% in Sanderson Farms, Inc. (NASDAQ:SAFM) or 86,398 shares. First Citizens National Bank & Trust & Company, North Carolina-based fund reported 1,452 shares. Jpmorgan Chase And has 0% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). Moreover, State Teachers Retirement Sys has 0.01% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). Carroll Fin Assocs has invested 0% in Sanderson Farms, Inc. (NASDAQ:SAFM). Putnam Investments Ltd Liability Company invested in 30,038 shares or 0.01% of the stock. James Invest Research holds 0.94% or 173,195 shares in its portfolio. Gp has invested 0.03% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Bancshares Of Mellon has 282,624 shares. Kbc Grp Inc Nv holds 0.04% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM) for 29,294 shares. Swiss State Bank has invested 0.01% in Sanderson Farms, Inc. (NASDAQ:SAFM). Symons Management Inc reported 0.09% in Sanderson Farms, Inc. (NASDAQ:SAFM). Qs Ltd reported 0.09% stake.

Analysts await Sanderson Farms, Inc. (NASDAQ:SAFM) to report earnings on February, 22. They expect $1.21 EPS, up 18.63% or $0.19 from last year’s $1.02 per share. SAFM’s profit will be $27.62M for 28.01 P/E if the $1.21 EPS becomes a reality. After $3.20 actual EPS reported by Sanderson Farms, Inc. for the previous quarter, Wall Street now forecasts -62.19% negative EPS growth.

Sprott Inc, which manages about $3.27B and $389.45 million US Long portfolio, upped its stake in Buckle Inc (NYSE:BKE) by 45,000 shares to 255,000 shares, valued at $4.30 million in 2017Q3, according to the filing. It also increased its holding in Cirrus Logic Inc (NASDAQ:CRUS) by 24,500 shares in the quarter, for a total of 120,000 shares, and has risen its stake in Exxon Mobil Corp (NYSE:XOM).

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