Discovery Communicatns New (DISCK) Shareholder Van Den Berg Management I Increased Its Holding by $795,700 as Stock Declined; Nokomis Capital Has Upped Qep Res (QEP) Position

January 14, 2018 - By Dolores Ford

Van Den Berg Management I Inc increased its stake in Discovery Communicatns New (DISCK) by 2.54% based on its latest 2017Q3 regulatory filing with the SEC. Van Den Berg Management I Inc bought 39,785 shares as the company’s stock declined 10.36% while stock markets rallied. The institutional investor held 1.60 million shares of the consumer services company at the end of 2017Q3, valued at $32.48 million, up from 1.56M at the end of the previous reported quarter. Van Den Berg Management I Inc who had been investing in Discovery Communicatns New for a number of months, seems to be bullish on the $13.66B market cap company. The stock increased 1.28% or $0.29 during the last trading session, reaching $23. About 2.81M shares traded. Discovery Communications, Inc. (NASDAQ:DISCK) has risen 0.32% since January 14, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

Brett Hendrickson increased its stake in Qep Res Inc (QEP) by 8.14% based on its latest 2017Q3 regulatory filing with the SEC. Nokomis Capital Llc bought 64,900 shares as the company’s stock declined 33.02% while stock markets rallied. The hedge fund run by Brett Hendrickson held 861,949 shares of the energy company at the end of 2017Q3, valued at $7.39 million, up from 797,049 at the end of the previous reported quarter. Nokomis Capital Llc who had been investing in Qep Res Inc for a number of months, seems to be bullish on the $2.67B market cap company. The stock increased 1.00% or $0.11 during the last trading session, reaching $11.09. About 4.87M shares traded. QEP Resources, Inc. (NYSE:QEP) has declined 34.57% since January 14, 2017 and is downtrending. It has underperformed by 51.27% the S&P500.

Investors sentiment decreased to 1.23 in Q3 2017. Its down 0.07, from 1.3 in 2017Q2. It worsened, as 37 investors sold QEP shares while 74 reduced holdings. 46 funds opened positions while 90 raised stakes. 219.29 million shares or 0.85% less from 221.16 million shares in 2017Q2 were reported. Citadel Advisors holds 696,232 shares. Connor Clark Lunn Mgmt Ltd has 271,218 shares. Voya Investment Mgmt Limited Liability Company has 1.51M shares. Bbva Compass National Bank Inc accumulated 20,764 shares or 0.01% of the stock. Envestnet Asset Mngmt Inc reported 22,759 shares. Hsbc Holding Public Limited Com stated it has 32,508 shares or 0% of all its holdings. Tarbox Family Office holds 0% or 152 shares in its portfolio. Retirement Of Alabama invested 0.05% in QEP Resources, Inc. (NYSE:QEP). New York-based Blackrock has invested 0.01% in QEP Resources, Inc. (NYSE:QEP). Tcw Grp owns 30,216 shares. State Board Of Administration Of Florida Retirement invested in 0.01% or 371,650 shares. Gsa Cap Ptnrs Limited Liability Partnership holds 30,842 shares. Amer Intl Gp Inc owns 492,021 shares. Miller Howard Invs Inc New York reported 0% in QEP Resources, Inc. (NYSE:QEP). Valueworks Limited Company, New York-based fund reported 28,036 shares.

Among 23 analysts covering QEP Resources (NYSE:QEP), 14 have Buy rating, 1 Sell and 8 Hold. Therefore 61% are positive. QEP Resources had 54 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, August 10 by Zacks. On Tuesday, July 18 the stock rating was maintained by Cowen & Co with “Buy”. The stock of QEP Resources, Inc. (NYSE:QEP) earned “Hold” rating by Deutsche Bank on Tuesday, July 18. Barclays Capital downgraded the stock to “Equal-Weight” rating in Tuesday, November 7 report. The company was maintained on Thursday, July 14 by Barclays Capital. On Wednesday, June 8 the stock rating was initiated by Drexel Hamilton with “Buy”. The firm has “Buy” rating by KLR Group given on Wednesday, March 16. The firm earned “Outperform” rating on Tuesday, January 3 by FBR Capital. The firm has “Buy” rating by Piper Jaffray given on Tuesday, January 9. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, November 14.

Van Den Berg Management I Inc, which manages about $2.04 billion and $888.49 million US Long portfolio, decreased its stake in Layne Christensen Co (NASDAQ:LAYN) by 113,260 shares to 2.12M shares, valued at $26.55 million in 2017Q3, according to the filing. It also reduced its holding in Brady Corp (NYSE:BRC) by 8,465 shares in the quarter, leaving it with 25,383 shares, and cut its stake in Orion Group Holdings Inc (NYSE:ORN).

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