Beasley Broadcast Group (BBGI) Reaches $11.31 After 4.00% Down Move, Leucadia National Has Cut Westar Energy (WR) Stake

The stock of Beasley Broadcast Group Inc (NASDAQ:BBGI) is a huge mover today! About 85,541 shares traded or 93.87% up from the average. Beasley Broadcast Group Inc (NASDAQ:BBGI) has risen 143.07% since September 22, 2016 and is uptrending. It has outperformed by 133.56% the S&P500.The move comes after 6 months negative chart setup for the $298.91M company. It was reported on May, 1 by Barchart.com. We have $10.86 PT which if reached, will make NASDAQ:BBGI worth $11.96 million less.

Leucadia National Corp decreased Westar Energy Inc (WR) stake by 30.79% reported in 2016Q4 SEC filing. Leucadia National Corp sold 169,113 shares as Westar Energy Inc (WR)’s stock declined 0.65%. The Leucadia National Corp holds 380,193 shares with $20.79M value, down from 549,306 last quarter. Westar Energy Inc now has $7.40B valuation. The stock declined 0.04% or $0.02 reaching $52.01 per share. About 204,329 shares traded. Westar Energy Inc (NYSE:WR) has declined 7.91% since September 22, 2016 and is downtrending. It has underperformed by 17.42% the S&P500.

Since March 16, 2017, it had 0 insider purchases, and 1 insider sale for $101,030 activity. Banning Jerl L. sold $101,030 worth of stock.

Investors sentiment increased to 1.09 in Q4 2016. Its up 0.15, from 0.94 in 2016Q3. It increased, as 34 investors sold WR shares while 116 reduced holdings. 53 funds opened positions while 110 raised stakes. 97.03 million shares or 2.29% more from 94.87 million shares in 2016Q3 were reported. Gateway Invest Advisers Limited Liability stated it has 5,343 shares or 0% of all its holdings. Commonwealth Bankshares Of Aus invested in 555 shares or 0% of the stock. Hightower Advisors Limited Liability Com stated it has 6,612 shares. Blackrock Inc has invested 0.02% of its portfolio in Westar Energy Inc (NYSE:WR). Highvista Strategies Lc, a Massachusetts-based fund reported 273,286 shares. Alliancebernstein LP holds 0% or 90,620 shares. Amp Cap Limited holds 70,390 shares or 0.02% of its portfolio. Fincl Bank Of Nova Scotia stated it has 0.07% of its portfolio in Westar Energy Inc (NYSE:WR). Comerica Retail Bank reported 108,306 shares or 0.05% of all its holdings. State Bank Of Montreal Can stated it has 0% in Westar Energy Inc (NYSE:WR). Prelude Capital Mngmt Lc reported 0.12% in Westar Energy Inc (NYSE:WR). 25,166 were reported by Strs Ohio. State Of Alaska Department Of Revenue holds 0.2% of its portfolio in Westar Energy Inc (NYSE:WR) for 39,056 shares. Van Eck Associate Corp holds 0% or 1,035 shares in its portfolio. Liberty Mutual Grp Inc Inc Asset Mngmt Inc invested in 62,960 shares or 0.13% of the stock.

Analysts await Westar Energy Inc (NYSE:WR) to report earnings on May, 2. They expect $0.45 earnings per share, down 2.17% or $0.01 from last year’s $0.46 per share. WR’s profit will be $64.04M for 28.89 P/E if the $0.45 EPS becomes a reality. After $0.38 actual earnings per share reported by Westar Energy Inc for the previous quarter, Wall Street now forecasts 18.42% EPS growth.

Among 7 analysts covering Westar Energy (NYSE:WR), 0 have Buy rating, 0 Sell and 7 Hold. Therefore 0 are positive. Westar Energy had 12 analyst reports since August 11, 2015 according to SRatingsIntel. As per Monday, March 14, the company rating was initiated by Mizuho. On Tuesday, October 13 the stock rating was maintained by Argus Research with “Buy”. The rating was maintained by JP Morgan with “Neutral” on Friday, March 11. As per Monday, January 25, the company rating was maintained by UBS. The company was upgraded on Friday, November 6 by JP Morgan. UBS maintained Westar Energy Inc (NYSE:WR) rating on Thursday, October 8. UBS has “Neutral” rating and $39 target. The stock of Westar Energy Inc (NYSE:WR) has “Hold” rating given on Friday, April 15 by Argus Research. Barclays Capital maintained Westar Energy Inc (NYSE:WR) on Thursday, June 2 with “Equalweight” rating. The stock of Westar Energy Inc (NYSE:WR) has “Neutral” rating given on Wednesday, June 1 by Mizuho. The firm has “Sell” rating by Zacks given on Tuesday, August 11.

Investors sentiment decreased to 0.38 in Q4 2016. Its down 0.33, from 0.71 in 2016Q3. It worsened, as 2 investors sold Beasley Broadcast Group Inc shares while 6 reduced holdings. 1 funds opened positions while 2 raised stakes. 3.57 million shares or 2.19% less from 3.65 million shares in 2016Q3 were reported. Wells Fargo & Mn holds 0% in Beasley Broadcast Group Inc (NASDAQ:BBGI) or 20,000 shares. Northern Tru accumulated 14,306 shares or 0% of the stock. Blackrock Advisors Limited accumulated 0% or 784 shares. Rbf Cap Limited Liability owns 32,469 shares. 66,738 are owned by Blackrock Institutional Co Na. Blackrock Investment Mgmt Limited Liability Co reported 480 shares or 0% of all its holdings. Bancshares Of America Corporation De reported 0% stake. Dimensional Fund Advsr Ltd Partnership holds 0% of its portfolio in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 399,813 shares. Bridgeway reported 28,125 shares stake. Blackrock Fund Advsrs accumulated 6,379 shares. Gamco Invsts Incorporated Et Al owns 1.41 million shares. 731,000 are held by Teton Advsr Inc. Manufacturers Life Insurance The holds 0% of its portfolio in Beasley Broadcast Group Inc (NASDAQ:BBGI) for 127 shares. California Employees Retirement System has 0% invested in Beasley Broadcast Group Inc (NASDAQ:BBGI). Grt Prtnrs Limited Liability accumulated 11,833 shares or 0.02% of the stock.

Beasley Broadcast Group, Inc. is a radio broadcasting company. The company has market cap of $298.91 million. The Company’s primary business is operating radio stations throughout the United States. It has a 5.41 P/E ratio. As of December 31, 2016, the Company owned and operated 63 radio stations in various radio markets, Atlanta and Augusta in Georgia; Boston, Massachusetts; Charlotte, North Carolina; Detroit, Michigan; Fayetteville, North Carolina; Fort Myers-Naples, Florida; Las Vegas, Nevada; Middlesex, New Jersey; Monmouth, New Jersey; Morristown, New Jersey; Philadelphia, Pennsylvania; Tampa-Saint Petersburg, Florida; West Palm Beach-Boca Raton, Florida, and Wilmington, Delaware.