Beaconlight Capital Decreased L (LLL) Holding By $14.05 Million; Validus Holdings Limited (VR) Shorts Increased By 1.42%

September 1, 2017 - By Clifton Ray

Beaconlight Capital Llc decreased L (LLL) stake by 90.42% reported in 2016Q4 SEC filing. Beaconlight Capital Llc sold 92,464 shares as L (LLL)’s stock declined 3.29%. The Beaconlight Capital Llc holds 9,800 shares with $1.49 million value, down from 102,264 last quarter. L now has $14.27B valuation. The stock rose 0.52% or $0.95 reaching $182.43. About 239,592 shares traded. L3 Technologies Inc (NYSE:LLL) has risen 18.89% since September 1, 2016 and is uptrending. It has outperformed by 2.19% the S&P500.

Validus Holdings Limited (NYSE:VR) had an increase of 1.42% in short interest. VR’s SI was 477,100 shares in September as released by FINRA. Its up 1.42% from 470,400 shares previously. With 488,400 avg volume, 1 days are for Validus Holdings Limited (NYSE:VR)’s short sellers to cover VR’s short positions. The SI to Validus Holdings Limited’s float is 0.63%. About 272,051 shares traded. Validus Holdings, Ltd. (NYSE:VR) has risen 10.50% since September 1, 2016 and is uptrending. It has underperformed by 6.20% the S&P500.

Among 13 analysts covering L-3 Communications (NYSE:LLL), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. L-3 Communications had 37 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Equal Weight” rating given on Monday, May 2 by Barclays Capital. The rating was maintained by RBC Capital Markets with “Hold” on Friday, July 7. The firm earned “Underperform” rating on Thursday, July 30 by Bank of America. The firm earned “Outperform” rating on Thursday, October 6 by Robert W. Baird. As per Tuesday, September 8, the company rating was downgraded by Goldman Sachs. The firm earned “Hold” rating on Friday, January 27 by Stifel Nicolaus. Cowen & Co downgraded the stock to “Market Perform” rating in Friday, October 30 report. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. The stock has “Outperform” rating by RBC Capital Markets on Thursday, May 19. As per Wednesday, December 9, the company rating was maintained by RBC Capital Markets.

Investors sentiment increased to 0.45 in Q4 2016. Its up 0.41, from 0.04 in 2016Q3. It is positive, as 150 investors sold LLL shares while 135 reduced holdings. 41 funds opened positions while 92 raised stakes. 46.95 million shares or 22.62% less from 60.67 million shares in 2016Q3 were reported. Ftb has invested 0.02% in L3 Technologies Inc (NYSE:LLL). City Holdg accumulated 6,804 shares. Federated Investors Inc Pa invested 0.07% of its portfolio in L3 Technologies Inc (NYSE:LLL). Massachusetts-based Numeric Invsts Ltd Liability Com has invested 0.08% in L3 Technologies Inc (NYSE:LLL). Moreover, First Citizens National Bank Tru has 0.32% invested in L3 Technologies Inc (NYSE:LLL) for 19,075 shares. Robeco Institutional Asset Mngmt Bv invested 0.11% in L3 Technologies Inc (NYSE:LLL). Panagora Asset Mngmt Inc reported 187,901 shares or 0.13% of all its holdings. Ngam Advsrs LP invested in 0.12% or 67,732 shares. Ancora Advisors Ltd holds 0% in L3 Technologies Inc (NYSE:LLL) or 300 shares. Horizon Kinetics Ltd Liability accumulated 0.01% or 1,631 shares. Qs Invsts Lc holds 0% or 3,773 shares in its portfolio. Cornerstone Cap Mngmt holds 0.16% or 138,996 shares in its portfolio. Palisade Asset Limited Liability reported 1.59% in L3 Technologies Inc (NYSE:LLL). 2,719 are owned by Raymond James Na. Korea Inv reported 34,841 shares or 0.03% of all its holdings.

Since March 7, 2017, it had 0 insider purchases, and 11 selling transactions for $5.21 million activity. $163,620 worth of Validus Holdings, Ltd. (NYSE:VR) was sold by Grayson Matthew J. on Monday, May 8. $84,300 worth of Validus Holdings, Ltd. (NYSE:VR) shares were sold by Bilsby Peter Anthony. Boisvert Patrick also sold $53,400 worth of Validus Holdings, Ltd. (NYSE:VR) shares. Another trade for 4,151 shares valued at $219,712 was made by Driscoll Kean on Monday, May 15. The insider Carpenter Michael E.A. sold $1.22 million. Kudera Andrew E. sold 10,000 shares worth $529,000.

Among 7 analysts covering Validus Holdings (NYSE:VR), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Validus Holdings had 8 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, June 2 by Keefe Bruyette & Woods. UBS downgraded it to “Neutral” rating and $50 target in Friday, September 23 report. Wood maintained it with “Hold” rating and $55 target in Friday, April 28 report. Bank of America upgraded Validus Holdings, Ltd. (NYSE:VR) on Monday, May 2 to “Neutral” rating. The firm has “Hold” rating given on Monday, February 6 by Deutsche Bank. On Tuesday, June 28 the stock rating was initiated by JP Morgan with “Overweight”. The firm earned “Hold” rating on Thursday, August 17 by Keefe Bruyette & Woods.