Scoria Capital Partners LP Lowered By $3.50 Million Its Range Res (RRC) Holding; U S Global Investors Has Upped Allegiant Travel Co (ALGT) Position

June 19, 2017 - By Linda Rogers

U S Global Investors Inc increased Allegiant Travel Co (ALGT) stake by 46.91% reported in 2016Q4 SEC filing. U S Global Investors Inc acquired 7,244 shares as Allegiant Travel Co (ALGT)’s stock declined 16.77%. The U S Global Investors Inc holds 22,687 shares with $3.77 million value, up from 15,443 last quarter. Allegiant Travel Co now has $2.44B valuation. The stock rose 2.06% or $2.95 reaching $146.25 per share. About 33,301 shares traded. Allegiant Travel Company (NASDAQ:ALGT) has risen 1.38% since June 19, 2016 and is uptrending. It has underperformed by 15.32% the S&P500.

Scoria Capital Partners Lp decreased Range Res Corp (RRC) stake by 72.03% reported in 2016Q4 SEC filing. Scoria Capital Partners Lp sold 103,008 shares as Range Res Corp (RRC)’s stock declined 18.29%. The Scoria Capital Partners Lp holds 40,000 shares with $1.37M value, down from 143,008 last quarter. Range Res Corp now has $5.67B valuation. The stock declined 3.29% or $0.77 reaching $22.61 per share. About 4.92M shares traded. Range Resources Corp. (NYSE:RRC) has declined 36.05% since June 19, 2016 and is downtrending. It has underperformed by 52.75% the S&P500.

Among 34 analysts covering Range Resources Corp. (NYSE:RRC), 23 have Buy rating, 2 Sell and 9 Hold. Therefore 68% are positive. Range Resources Corp. had 90 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Monday, September 14. KeyBanc Capital Markets downgraded the stock to “Sector Perform” rating in Tuesday, April 26 report. The rating was downgraded by Tudor Pickering to “Hold” on Friday, April 15. The company was upgraded on Friday, April 28 by Wells Fargo. The rating was initiated by JP Morgan with “Neutral” on Wednesday, December 9. Citigroup maintained Range Resources Corp. (NYSE:RRC) rating on Thursday, April 7. Citigroup has “Buy” rating and $38 target. The stock of Range Resources Corp. (NYSE:RRC) has “Hold” rating given on Friday, March 11 by Deutsche Bank. Capital One upgraded Range Resources Corp. (NYSE:RRC) on Tuesday, April 4 to “Overweight” rating. Barclays Capital downgraded Range Resources Corp. (NYSE:RRC) rating on Thursday, March 24. Barclays Capital has “Underweight” rating and $24 target. The stock has “Buy” rating by Jefferies on Friday, April 7.

Analysts await Range Resources Corp. (NYSE:RRC) to report earnings on July, 25. They expect $-0.14 EPS, up 33.33% or $0.07 from last year’s $-0.21 per share. After $0.69 actual EPS reported by Range Resources Corp. for the previous quarter, Wall Street now forecasts -120.29% negative EPS growth.

Investors sentiment decreased to 1.2 in Q4 2016. Its down 0.81, from 2.01 in 2016Q3. It worsened, as 57 investors sold RRC shares while 127 reduced holdings. 60 funds opened positions while 160 raised stakes. 216.83 million shares or 6.80% more from 203.02 million shares in 2016Q3 were reported. Andra Ap accumulated 0.02% or 23,000 shares. Amica Pension Fund Board Of Trustees reported 6,680 shares or 0.03% of all its holdings. 529 were reported by Piedmont Invest Advisors Limited Liability Company. State Treasurer State Of Michigan invested in 0.02% or 61,407 shares. Mitsubishi Ufj & Bk Corp has 369,710 shares for 0.03% of their portfolio. Ing Groep Nv reported 0.01% stake. 175,000 are held by State Of New Jersey Common Pension Fund D. Quantres Asset Mngmt Ltd has 1.17% invested in Range Resources Corp. (NYSE:RRC). Cambrian Cap Limited Partnership holds 0.99% or 56,744 shares in its portfolio. Next Gp stated it has 125 shares. Pitcairn reported 7,959 shares stake. Bank & Trust Of America Corporation De has invested 0.02% of its portfolio in Range Resources Corp. (NYSE:RRC). Moreover, Bessemer Group has 0.52% invested in Range Resources Corp. (NYSE:RRC) for 3.27M shares. Oakworth Capital Incorporated has 0% invested in Range Resources Corp. (NYSE:RRC). Stelliam Mngmt Limited Partnership holds 5.36% of its portfolio in Range Resources Corp. (NYSE:RRC) for 4.70M shares.

Since January 3, 2017, it had 2 insider purchases, and 7 selling transactions for $3.40 million activity. $652,000 worth of Range Resources Corp. (NYSE:RRC) shares were sold by MANNY ROGER S. Walker Ray N JR also sold $166,824 worth of Range Resources Corp. (NYSE:RRC) shares. Shares for $76,317 were sold by Farquharson Alan W. VENTURA JEFFREY L also sold $1.58M worth of Range Resources Corp. (NYSE:RRC) on Tuesday, January 3. STEPHENS CHAD L sold $662,493 worth of stock. 4,000 shares were bought by HELMS CHRISTOPHER A, worth $109,820 on Friday, March 17. FUNK JAMES M also bought $91,832 worth of Range Resources Corp. (NYSE:RRC) shares.

U S Global Investors Inc decreased Franco Nevada Corp (Call) (NYSE:FNV) stake by 15,120 shares to 780 valued at $4.66M in 2016Q4. It also reduced Cooper Tire & Rubr Co (NYSE:CTB) stake by 11,800 shares and now owns 25,300 shares. Franco Nevada Corp (NYSE:FNV) was reduced too.

Among 10 analysts covering Allegiant Travel (NASDAQ:ALGT), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Allegiant Travel had 32 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, July 31, the company rating was maintained by Imperial Capital. The rating was maintained by Cowen & Co with “Market Perform” on Thursday, July 30. The firm earned “Buy” rating on Friday, November 18 by Citigroup. As per Tuesday, April 12, the company rating was maintained by Credit Suisse. The stock of Allegiant Travel Company (NASDAQ:ALGT) has “Outperform” rating given on Tuesday, June 14 by Raymond James. The firm has “In-Line” rating given on Monday, December 12 by Imperial Capital. The rating was upgraded by Raymond James to “Outperform” on Wednesday, July 22. Imperial Capital maintained Allegiant Travel Company (NASDAQ:ALGT) rating on Tuesday, November 22. Imperial Capital has “Outperform” rating and $196 target. Buckingham Research upgraded Allegiant Travel Company (NASDAQ:ALGT) on Friday, September 23 to “Buy” rating. The stock has “Mkt Perform” rating by Raymond James on Monday, November 30.

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