Advantus Capital Management Lifted Intercontinental Exchange (ICE) Stake, 7 Bullish Analysts Covering Mitchells & Butlers plc (LON:MAB)

July 14, 2017 - By Clifton Ray

Advantus Capital Management Inc increased Intercontinental Exchange Inc (ICE) stake by 399.2% reported in 2016Q4 SEC filing. Advantus Capital Management Inc acquired 47,848 shares as Intercontinental Exchange Inc (ICE)’s stock rose 1.58%. The Advantus Capital Management Inc holds 59,834 shares with $3.38M value, up from 11,986 last quarter. Intercontinental Exchange Inc now has $39.61 billion valuation. The stock declined 1.48% or $0.99 reaching $65.89 on the news. About 655,665 shares traded. Intercontinental Exchange Inc (NYSE:ICE) has risen 13.80% since July 14, 2016 and is uptrending. It has underperformed by 2.90% the S&P500.

Among 21 analysts covering Mitchells Butlers PLC (LON:MAB), 7 have Buy rating, 4 Sell and 10 Hold. Therefore 33% are positive. Mitchells Butlers PLC had 125 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Thursday, May 19 by Goodbody. The stock of Mitchells & Butlers plc (LON:MAB) has “Hold” rating given on Thursday, September 22 by Shore Capital. The rating was maintained by Peel Hunt on Wednesday, July 27 with “Hold”. The firm has “Neutral” rating given on Wednesday, November 23 by JP Morgan. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, December 13. The stock of Mitchells & Butlers plc (LON:MAB) has “Buy” rating given on Wednesday, May 25 by HSBC. Canaccord Genuity maintained the shares of MAB in report on Thursday, January 21 with “Buy” rating. The stock has “Buy” rating by Beaufort Securities on Friday, September 23. The rating was downgraded by JP Morgan on Monday, July 4 to “Neutral”. The firm has “Neutral” rating by JP Morgan given on Friday, July 31. See Mitchells & Butlers plc (LON:MAB) latest ratings:

05/07/2017 Broker: Liberum Capital Rating: Sell New Target: GBX 210.00 Initiates Starts
09/06/2017 Broker: Peel Hunt Rating: Add Old Target: GBX 300.00 New Target: GBX 300.00 Maintain
18/05/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 260.00 New Target: GBX 280.00 Maintain
18/05/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 245.00 New Target: GBX 245.00 Maintain
17/05/2017 Broker: Canaccord Genuity Rating: Hold Old Target: GBX 285.00 New Target: GBX 285.00 Maintain
17/05/2017 Broker: Peel Hunt Rating: Add Old Target: GBX 300.00 New Target: GBX 300.00 Maintain
11/05/2017 Broker: Peel Hunt Rating: Add Old Target: GBX 300.00 New Target: GBX 300.00 Maintain
07/03/2017 Broker: Berenberg Rating: Hold New Target: GBX 265.00 Initiates Starts
15/02/2017 Broker: Deutsche Bank Rating: Hold New Target: GBX 245.00 Maintain
14/02/2017 Broker: Canaccord Genuity Rating: Hold Old Target: GBX 350.00 New Target: GBX 285.00 DownGrade

About 91,719 shares traded. Mitchells & Butlers plc (LON:MAB) has 0.00% since July 14, 2016 and is . It has underperformed by 16.70% the S&P500.

Mitchells & Butlers plc is an operator of managed restaurants and pubs. The company has market cap of 940.74 million GBP. The Company’s portfolio of brands and formats includes Harvester, Toby Carvery, All Bar One, Miller & Carter, Premium Country Pubs, Sizzling Pubs, Crown Carveries, Stonehouse, Vintage Inns, Browns, Castle, Nicholson’s, O’Neill’s and Ember Inns. It has a 13.23 P/E ratio. The Company’s divisions are Retail operating business and Property business.

Investors sentiment increased to 11.77 in 2016 Q4. Its up 10.76, from 1.01 in 2016Q3. It is positive, as 32 investors sold ICE shares while 16 reduced holdings. 77 funds opened positions while 488 raised stakes. 1.03 billion shares or 903.33% more from 102.32 million shares in 2016Q3 were reported. Credit Agricole S A holds 0.1% or 531,862 shares. Vanguard accumulated 0.12% or 37.89M shares. Commercial Bank Of America De reported 6.14 million shares. Tru Company Of Oklahoma reported 11,139 shares. Exxonmobil Mgmt Tx holds 0.17% or 137,879 shares. Oppenheimer & owns 0.01% invested in Intercontinental Exchange Inc (NYSE:ICE) for 6,565 shares. Drw Ltd Liability Com owns 15,810 shares or 0.07% of their US portfolio. Palisade Capital Mgmt Lc Nj invested in 16,875 shares or 0.04% of the stock. Envestnet Asset Mngmt Inc has 0.02% invested in Intercontinental Exchange Inc (NYSE:ICE) for 96,657 shares. Columbus Circle Invsts stated it has 0.25% of its portfolio in Intercontinental Exchange Inc (NYSE:ICE). Teacher Retirement Of Texas holds 2.18 million shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.09% or 32,570 shares. Moreover, Korea has 0.29% invested in Intercontinental Exchange Inc (NYSE:ICE) for 1.08M shares. M&T Bancorp, a New York-based fund reported 76,254 shares. United Ser Automobile Association holds 692,172 shares or 0.13% of its portfolio.