Petrus Trust Company Lta Holding In Intel (INTC) Was Has Raised; Selz Capital Lifted Stake in New Media Investment Groupinc (NEWM) as Share Value Declined

January 19, 2018 - By Migdalia James

Petrus Trust Company Lta increased its stake in Intel Corp (INTC) by 6.18% based on its latest 2017Q3 regulatory filing with the SEC. Petrus Trust Company Lta bought 8,073 shares as the company’s stock declined 2.96% while stock markets rallied. The institutional investor held 138,611 shares of the semiconductors company at the end of 2017Q3, valued at $5.28 million, up from 130,538 at the end of the previous reported quarter. Petrus Trust Company Lta who had been investing in Intel Corp for a number of months, seems to be bullish on the $207.42 billion market cap company. The stock decreased 0.36% or $0.16 during the last trading session, reaching $44.32. About 5.47 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since January 19, 2017 and is uptrending. It has outperformed by 2.77% the S&P500.

Bernard Selz increased its stake in New Media Investment Groupinc (NEWM) by 71.43% based on its latest 2017Q3 regulatory filing with the SEC. Selz Capital Llc bought 50,000 shares as the company’s stock declined 21.90% while stock markets rallied. The hedge fund run by Bernard Selz held 120,000 shares of the newspapers and magazines company at the end of 2017Q3, valued at $1.78M, up from 70,000 at the end of the previous reported quarter. Selz Capital Llc who had been investing in New Media Investment Groupinc for a number of months, seems to be bullish on the $890.34 million market cap company. It closed at $16.84 lastly. It is down 23.77% since January 19, 2017 and is downtrending. It has underperformed by 40.47% the S&P500.

Investors sentiment increased to 1.58 in 2017 Q3. Its up 0.10, from 1.48 in 2017Q2. It improved, as 13 investors sold NEWM shares while 35 reduced holdings. 21 funds opened positions while 55 raised stakes. 40.63 million shares or 2.90% more from 39.48 million shares in 2017Q2 were reported. Piedmont Lc reported 11,757 shares. Price T Rowe Associate Md reported 0% stake. Van Eck Assoc accumulated 4,401 shares or 0% of the stock. Panagora Asset Mgmt Incorporated holds 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM) for 37,124 shares. Teachers Retirement Sys Of The State Of Kentucky stated it has 0% in New Media Investment Group Inc. (NYSE:NEWM). Hancock Holding reported 92,621 shares. Us Financial Bank De holds 0% or 675 shares in its portfolio. Smithfield reported 1,120 shares. Millennium Mgmt Lc reported 299,454 shares. D E Shaw reported 24,192 shares stake. Meeder Asset Mgmt holds 1,644 shares or 0% of its portfolio. Qci Asset Management Ny stated it has 0% in New Media Investment Group Inc. (NYSE:NEWM). 57,500 are held by Alliancebernstein Ltd Partnership. Parametric Port Ltd Liability holds 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM) for 62,048 shares. Hsbc Public Limited invested 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM).

Among 3 analysts covering New Media Investment Group Inc. (NYSE:NEWM), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. New Media Investment Group Inc. had 7 analyst reports since March 24, 2016 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Tuesday, April 5. The rating was downgraded by Barrington Research to “Market Perform” on Thursday, September 29. The stock of New Media Investment Group Inc. (NYSE:NEWM) has “Sell” rating given on Wednesday, August 24 by Citigroup. The rating was downgraded by Compass Point to “Neutral” on Friday, July 29. The firm earned “Buy” rating on Thursday, March 24 by Citigroup. The firm has “Outperform” rating by Barrington Research given on Monday, August 15. The stock of New Media Investment Group Inc. (NYSE:NEWM) has “Buy” rating given on Friday, April 29 by Compass Point.

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 34 have Buy rating, 5 Sell and 15 Hold. Therefore 63% are positive. Intel Corporation had 207 analyst reports since August 7, 2015 according to SRatingsIntel. Pacific Crest maintained the stock with “Overweight” rating in Thursday, July 21 report. Credit Suisse maintained it with “Hold” rating and $42.0 target in Thursday, January 4 report. As per Wednesday, March 15, the company rating was downgraded by Credit Suisse. JP Morgan maintained it with “Overweight” rating and $39 target in Wednesday, April 20 report. The firm has “Buy” rating by Brean Capital given on Thursday, July 21. Canaccord Genuity maintained it with “Hold” rating and $45 target in Friday, November 17 report. The company was maintained on Monday, January 18 by Stifel Nicolaus. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, August 23. Canaccord Genuity maintained the stock with “Buy” rating in Monday, August 31 report. Nomura maintained it with “Buy” rating and $38 target in Tuesday, August 2 report.

Petrus Trust Company Lta, which manages about $422.10 million US Long portfolio, decreased its stake in Bed Bath & Beyond Inc (NASDAQ:BBBY) by 114,028 shares to 98,487 shares, valued at $2.31M in 2017Q3, according to the filing. It also reduced its holding in Symantec Corp (NASDAQ:SYMC) by 28,200 shares in the quarter, leaving it with 350,000 shares, and cut its stake in Cognizant Technology Solutio (NASDAQ:CTSH).

Since July 31, 2017, it had 0 insider purchases, and 10 selling transactions for $31.43 million activity. Krzanich Brian M sold $2.40M worth of stock. Another trade for 13,996 shares valued at $496,438 was sold by RENDUCHINTALA VENKATA S M. On Monday, October 30 BRYANT ANDY D sold $3.99 million worth of Intel Corporation (NASDAQ:INTC) or 89,087 shares. 472,337 Intel Corporation (NASDAQ:INTC) shares with value of $20.89 million were sold by Smith Stacy J. 30,000 Intel Corporation (NASDAQ:INTC) shares with value of $1.35M were sold by YOFFIE DAVID B.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.