Bronson Point Management Boosted Viacom New (VIAB) Stake By $5.66 Million; Samson Oil & Gas Limited Adrs Adrs (NYSEMKT:SSN) Shorts Lowered By 60.41%

July 25, 2017 - By Louis Casey

Bronson Point Management Llc increased Viacom Inc New (VIAB) stake by 78.26% reported in 2016Q4 SEC filing. Bronson Point Management Llc acquired 161,604 shares as Viacom Inc New (VIAB)’s stock declined 19.98%. The Bronson Point Management Llc holds 368,104 shares with $12.92 million value, up from 206,500 last quarter. Viacom Inc New now has $14.41B valuation. The stock declined 3.27% or $1.19 reaching $35.03 on the news. About 3.73M shares traded. Viacom, Inc. (NASDAQ:VIAB) has declined 8.36% since July 25, 2016 and is downtrending. It has underperformed by 25.06% the S&P500.

Samson Oil & Gas Limited Adrs Adrs (NYSEMKT:SSN) had a decrease of 60.41% in short interest. SSN’s SI was 39,000 shares in July as released by FINRA. Its down 60.41% from 98,500 shares previously. With 56,700 avg volume, 1 days are for Samson Oil & Gas Limited Adrs Adrs (NYSEMKT:SSN)’s short sellers to cover SSN’s short positions. The SI to Samson Oil & Gas Limited Adrs Adrs’s float is 0.24%. About 46,585 shares traded or 23.24% up from the average. Samson Oil & Gas Limited (ADR) (NYSEMKT:SSN) has declined 35.65% since July 25, 2016 and is downtrending. It has underperformed by 52.35% the S&P500.

Among 33 analysts covering Viacom Inc. (NASDAQ:VIAB), 15 have Buy rating, 1 Sell and 17 Hold. Therefore 45% are positive. Viacom Inc. had 86 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Monday, June 26. The firm has “Outperform” rating given on Friday, August 5 by Telsey Advisory Group. The firm has “Outperform” rating given on Thursday, February 9 by Wells Fargo. The firm has “Buy” rating given on Thursday, September 22 by UBS. The company was maintained on Monday, November 30 by Topeka Capital Markets. As per Friday, August 7, the company rating was downgraded by Wells Fargo. The firm has “Outperform” rating given on Tuesday, October 13 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, February 9 by Drexel Hamilton. Goldman Sachs downgraded the shares of VIAB in report on Monday, October 5 to “Neutral” rating. The firm has “Buy” rating given on Monday, January 9 by Guggenheim.

Samson Oil & Gas Limited is an oil and gas firm focused on oil production in the Niobrara and Bakken formations in the United States. The company has market cap of $8.53 million. The Company’s principal activities are gas and oil exploration, development and production in the United States. It has a 2.61 P/E ratio. The Company’s geographic divisions include United States of America and Other divisions.