Baupost Group Raised By $107.25 Million Its Viasat (VSAT) Stake; California Water Service Group (CWT) Has 1.05 Sentiment

July 28, 2017 - By Clifton Ray

Baupost Group Llc increased Viasat Inc (VSAT) stake by 14.09% reported in 2016Q4 SEC filing. Baupost Group Llc acquired 1.63 million shares as Viasat Inc (VSAT)’s stock declined 4.55%. The Baupost Group Llc holds 13.16M shares with $871.33M value, up from 11.53M last quarter. Viasat Inc now has $3.87B valuation. The stock declined 0.33% or $0.22 reaching $66.66 on the news. About 120,312 shares traded. ViaSat, Inc. (NASDAQ:VSAT) has declined 11.76% since July 28, 2016 and is downtrending. It has underperformed by 28.46% the S&P500.

California Water Service Group is a holding company. The company has market cap of $1.87 billion. The Firm operates through the supply and distribution of water and providing water-related utility services segment. It has a 36.97 P/E ratio. The Company, through its subsidiaries, provides non-regulated services and non-regulated services to private companies and municipalities.

Among 9 analysts covering ViaSat (NASDAQ:VSAT), 3 have Buy rating, 3 Sell and 3 Hold. Therefore 33% are positive. ViaSat had 12 analyst reports since October 13, 2015 according to SRatingsIntel. The stock of ViaSat, Inc. (NASDAQ:VSAT) earned “Sell” rating by RBC Capital Markets on Friday, May 26. The company was upgraded on Tuesday, January 31 by Wells Fargo. On Tuesday, February 7 the stock rating was upgraded by Raymond James to “Outperform”. The rating was downgraded by Drexel Hamilton to “Sell” on Monday, May 23. The stock of ViaSat, Inc. (NASDAQ:VSAT) has “Hold” rating given on Friday, June 2 by Wunderlich. The stock has “Underperform” rating by Macquarie Research on Wednesday, November 16. The firm has “Sell” rating by Wunderlich given on Wednesday, November 9. The stock of ViaSat, Inc. (NASDAQ:VSAT) has “Underperform” rating given on Wednesday, January 25 by RBC Capital Markets. As per Tuesday, October 13, the company rating was downgraded by Wells Fargo.

Since March 17, 2017, it had 0 buys, and 2 selling transactions for $550,093 activity. $358,800 worth of ViaSat, Inc. (NASDAQ:VSAT) shares were sold by NASH JEFFREY M. Del Toro Melinda Michele also sold $191,293 worth of ViaSat, Inc. (NASDAQ:VSAT) on Friday, March 17.

Investors sentiment increased to 2.83 in Q4 2016. Its up 1.26, from 1.57 in 2016Q3. It improved, as 12 investors sold VSAT shares while 30 reduced holdings. 37 funds opened positions while 82 raised stakes. 51.36 million shares or 13.70% more from 45.17 million shares in 2016Q3 were reported. Cove Street Ltd invested in 4.62% or 667,820 shares. Blackrock Fund Advsr stated it has 3.11M shares or 0.04% of all its holdings. Wells Fargo And Co Mn accumulated 49,995 shares. Citigroup owns 61,057 shares. Aqr Capital Ltd Limited Liability Company invested in 0% or 7,739 shares. Moreover, Thrivent Financial For Lutherans has 0% invested in ViaSat, Inc. (NASDAQ:VSAT). Menta Capital Limited Liability has 0.11% invested in ViaSat, Inc. (NASDAQ:VSAT). Sg Americas Limited Liability Corporation invested in 4,801 shares or 0% of the stock. American Interest Grp Inc Inc invested in 123,452 shares. Profund Advsrs Limited Liability Com has invested 0.03% in ViaSat, Inc. (NASDAQ:VSAT). Eminence LP has invested 1.29% in ViaSat, Inc. (NASDAQ:VSAT). 15,305 were accumulated by Parametrica Management. Federated Invsts Pa accumulated 21,082 shares. Caprock Grp reported 7,700 shares. California State Teachers Retirement System stated it has 0.01% in ViaSat, Inc. (NASDAQ:VSAT).

About 64,695 shares traded. California Water Service Group (CWT) has risen 22.84% since July 28, 2016 and is uptrending. It has outperformed by 6.14% the S&P500.

Water Asset Management Llc holds 2.88% of its portfolio in California Water Service Group for 125,934 shares. Impax Asset Management Ltd owns 1.73 million shares or 2.59% of their US portfolio. Moreover, Cutter & Co Brokerage Inc. has 1.06% invested in the company for 75,600 shares. The New York-based Clear Harbor Asset Management Llc has invested 0.62% in the stock. Corecommodity Management Llc, a Connecticut-based fund reported 19,459 shares.

Ratings analysis reveals 0 of California Water’s analysts are positive. Out of 4 Wall Street analysts rating California Water, 0 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $31.0 while the high is $33.0. The stock’s average target of $32 is -17.95% below today’s ($39) share price. CWT was included in 4 notes of analysts from September 6, 2016. Barclays Capital maintained it with “Equal Weight” rating and $31.0 target in Tuesday, September 6 report. Macquarie Research initiated the shares of CWT in report on Wednesday, January 18 with “Neutral” rating. Wells Fargo downgraded California Water Service Group (NYSE:CWT) on Friday, February 24 to “Underperform” rating. The firm has “Neutral” rating by Robert W. Baird given on Friday, October 14.