Kennedy Capital Management Has Lifted Its Sykes Enterprises (SYKE) Stake; Shorts at Zayo Group Holdings (ZAYO) Lowered By 3.35%

August 7, 2017 - By Marie Mckinney

Zayo Group Holdings Incorporated (NYSE:ZAYO) had a decrease of 3.35% in short interest. ZAYO’s SI was 10.38M shares in August as released by FINRA. Its down 3.35% from 10.74 million shares previously. With 1.63 million avg volume, 6 days are for Zayo Group Holdings Incorporated (NYSE:ZAYO)’s short sellers to cover ZAYO’s short positions. About 260,703 shares traded. Zayo Group Holdings Inc (NYSE:ZAYO) has risen 14.22% since August 7, 2016 and is uptrending. It has underperformed by 2.48% the S&P500.

Kennedy Capital Management Inc increased Sykes Enterprises Incorporated (SYKE) stake by 68.33% reported in 2016Q4 SEC filing. Kennedy Capital Management Inc acquired 83,586 shares as Sykes Enterprises Incorporated (SYKE)’s stock rose 14.17%. The Kennedy Capital Management Inc holds 205,905 shares with $5.94M value, up from 122,319 last quarter. Sykes Enterprises Incorporated now has $1.42 billion valuation. The stock declined 0.36% or $0.12 reaching $33.31 on the news. About 39,241 shares traded. Sykes Enterprises, Incorporated (NASDAQ:SYKE) has risen 14.01% since August 7, 2016 and is uptrending. It has underperformed by 2.69% the S&P500.

Among 3 analysts covering Sykes Enterprises (NASDAQ:SYKE), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Sykes Enterprises had 5 analyst reports since August 5, 2015 according to SRatingsIntel. Barrington Research initiated the shares of SYKE in report on Wednesday, January 20 with “Mkt Perform” rating. Zacks downgraded the stock to “Strong-Buy” rating in Wednesday, August 5 report. The rating was upgraded by Craig Hallum on Tuesday, March 8 to “Buy”. Sidoti initiated it with “Buy” rating and $38 target in Tuesday, January 17 report.

Investors sentiment increased to 1.11 in Q4 2016. Its up 0.02, from 1.09 in 2016Q3. It increased, as 20 investors sold SYKE shares while 55 reduced holdings. 23 funds opened positions while 60 raised stakes. 36.11 million shares or 1.38% more from 35.62 million shares in 2016Q3 were reported. Systematic Management Ltd Partnership accumulated 342,400 shares. Pub Sector Pension Board invested 0.01% in Sykes Enterprises, Incorporated (NASDAQ:SYKE). Massachusetts-based Loomis Sayles Co Limited Partnership has invested 0% in Sykes Enterprises, Incorporated (NASDAQ:SYKE). Creative Planning holds 1,500 shares or 0% of its portfolio. Lsv Asset holds 0.04% of its portfolio in Sykes Enterprises, Incorporated (NASDAQ:SYKE) for 692,173 shares. Tiaa Cref Inv Mgmt Limited Liability Corp accumulated 187,832 shares. Boston Ptnrs accumulated 0.05% or 1.28M shares. Bowling Portfolio Mgmt Ltd has invested 0.07% in Sykes Enterprises, Incorporated (NASDAQ:SYKE). Blackrock Fund Advisors invested 0.02% of its portfolio in Sykes Enterprises, Incorporated (NASDAQ:SYKE). Gotham Asset Management invested in 0.03% or 90,730 shares. Citigroup holds 0% or 81,077 shares in its portfolio. Envestnet Asset Management reported 0% of its portfolio in Sykes Enterprises, Incorporated (NASDAQ:SYKE). Palouse Capital Mngmt Inc stated it has 0.1% of its portfolio in Sykes Enterprises, Incorporated (NASDAQ:SYKE). Parametric Port Assoc Llc stated it has 0.01% of its portfolio in Sykes Enterprises, Incorporated (NASDAQ:SYKE). Pillar Pacific Cap Mgmt Ltd Com invested in 7,500 shares or 0.03% of the stock.

Kennedy Capital Management Inc decreased Esco Technologies Inc (NYSE:ESE) stake by 136,617 shares to 166,053 valued at $9.41M in 2016Q4. It also reduced Korn Ferry International (NYSE:KFY) stake by 55,750 shares and now owns 77,203 shares. Innophos Holdings Inc (NASDAQ:IPHS) was reduced too.

Since March 20, 2017, it had 0 insider buys, and 8 sales for $2.39 million activity. 3,672 shares were sold by Nelson Jenna, worth $124,799. The insider HOLDER JAMES T sold $254,183. Shares for $828,336 were sold by ZINGALE LAWRENCE on Thursday, March 30. On Tuesday, March 28 Chapman John sold $176,846 worth of Sykes Enterprises, Incorporated (NASDAQ:SYKE) or 6,200 shares. WHITING PAUL L sold 14,164 shares worth $463,871. $172,965 worth of Sykes Enterprises, Incorporated (NASDAQ:SYKE) was sold by Pearson David on Monday, March 20.

Zayo Group Holdings, Inc. provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure to a range of businesses. The company has market cap of $8.04 billion. The Firm operates in five divisions: Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other. It has a 257.64 P/E ratio. The Company’s products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet, Internet Protocol connectivity and cloud services.

Since February 15, 2017, it had 0 insider purchases, and 21 insider sales for $330.54 million activity. On Monday, May 22 desGarennes Kenneth sold $1.24M worth of Zayo Group Holdings Inc (NYSE:ZAYO) or 38,885 shares. $225,346 worth of Zayo Group Holdings Inc (NYSE:ZAYO) was sold by Waters John F Jr.. Caruso Daniel sold 49,868 shares worth $1.60 million. $800,000 worth of Zayo Group Holdings Inc (NYSE:ZAYO) was sold by Morley Christopher. Rottenberg Linda sold $17,125 worth of Zayo Group Holdings Inc (NYSE:ZAYO) on Wednesday, March 1. Richardson Nina sold $24,521 worth of stock or 746 shares. Connor Richard W. sold 1,139 shares worth $37,439.

Among 18 analysts covering Zayo Group Holdings (NYSE:ZAYO), 12 have Buy rating, 1 Sell and 5 Hold. Therefore 67% are positive. Zayo Group Holdings had 27 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 27 by RBC Capital Markets. The rating was initiated by Stifel Nicolaus with “Buy” on Friday, January 13. On Wednesday, April 20 the stock rating was upgraded by BTIG Research to “Buy”. The stock of Zayo Group Holdings Inc (NYSE:ZAYO) earned “Outperform” rating by RBC Capital Markets on Thursday, December 1. The firm earned “Market Perform” rating on Thursday, March 24 by FBR Capital. Suntrust Robinson initiated Zayo Group Holdings Inc (NYSE:ZAYO) rating on Tuesday, November 24. Suntrust Robinson has “Buy” rating and $34 target. Barclays Capital reinitiated Zayo Group Holdings Inc (NYSE:ZAYO) on Thursday, March 30 with “Overweight” rating. As per Wednesday, August 5, the company rating was downgraded by MoffettNathanson. Raymond James maintained Zayo Group Holdings Inc (NYSE:ZAYO) on Monday, September 21 with “Strong Buy” rating. Moffett Nathanson downgraded Zayo Group Holdings Inc (NYSE:ZAYO) on Wednesday, August 5 to “Neutral” rating.