Spark Investment Management Has Raised Tenet Healthcare (THC) Position By $2.25 Million; Pier 1 Imports (PIR) Sellers Increased By 0.02% Their Shorts

August 9, 2017 - By Adrian Erickson

Pier 1 Imports Incorporated (NYSE:PIR) had an increase of 0.02% in short interest. PIR’s SI was 17.22M shares in August as released by FINRA. Its up 0.02% from 17.21 million shares previously. With 1.82M avg volume, 10 days are for Pier 1 Imports Incorporated (NYSE:PIR)’s short sellers to cover PIR’s short positions. The SI to Pier 1 Imports Incorporated’s float is 22.57%. The stock decreased 3.48% or $0.16 on August 9, reaching $4.44. About 906,972 shares traded. Pier 1 Imports Inc (NYSE:PIR) has declined 2.95% since August 9, 2016 and is downtrending. It has underperformed by 19.65% the S&P500.

Spark Investment Management Llc increased Tenet Healthcare Corp (THC) stake by 455.97% reported in 2016Q4 SEC filing. Spark Investment Management Llc acquired 160,500 shares as Tenet Healthcare Corp (THC)’s stock declined 9.34%. The Spark Investment Management Llc holds 195,700 shares with $2.90 million value, up from 35,200 last quarter. Tenet Healthcare Corp now has $1.36B valuation. The stock decreased 5.25% or $0.75 on August 9, reaching $13.53. About 9.20 million shares traded or 209.76% up from the average. Tenet Healthcare Corp (NYSE:THC) has declined 36.81% since August 9, 2016 and is downtrending. It has underperformed by 53.51% the S&P500.

Pier 1 Imports, Inc. is an importer of home decor and furniture. The company has market cap of $375.42 million. The Company’s activities consist of retail stores and an e-commerce Website conducting business under the name Pier 1 Imports, which sells a range of decorative accessories, furniture, candles, housewares, gifts and seasonal products. It has a 10.85 P/E ratio. The Company’s categories of merchandise include decorative accessories and furniture.

Investors sentiment increased to 0.93 in 2016 Q4. Its up 0.24, from 0.69 in 2016Q3. It is positive, as 28 investors sold Pier 1 Imports Inc shares while 53 reduced holdings. 37 funds opened positions while 38 raised stakes. 58.06 million shares or 9.23% less from 63.97 million shares in 2016Q3 were reported. Landscape Mgmt Limited Liability has invested 0.07% of its portfolio in Pier 1 Imports Inc (NYSE:PIR). Smithfield reported 0% stake. Meeder Asset Management owns 0% invested in Pier 1 Imports Inc (NYSE:PIR) for 1,591 shares. Northern Corporation reported 963,677 shares stake. Cornerstone Capital Mngmt Limited Liability holds 0% in Pier 1 Imports Inc (NYSE:PIR) or 33,100 shares. Moreover, Us Bankshares De has 0% invested in Pier 1 Imports Inc (NYSE:PIR) for 708 shares. Millennium Mngmt Llc owns 0.02% invested in Pier 1 Imports Inc (NYSE:PIR) for 1.23M shares. Lsv Asset has 10,000 shares for 0% of their portfolio. Geode Capital Mngmt Ltd invested in 692,947 shares or 0% of the stock. White Pine Limited Liability Com reported 96,600 shares or 0.35% of all its holdings. Highbridge Management Ltd Liability holds 13,625 shares. Susquehanna Limited Liability Partnership owns 0% invested in Pier 1 Imports Inc (NYSE:PIR) for 228,905 shares. Tower Research Ltd (Trc) has 1,930 shares. Tci Wealth Advsrs Incorporated reported 500 shares. Secor Cap Advsr L P, New York-based fund reported 66,903 shares.

Among 21 analysts covering Pier 1 Imports (NYSE:PIR), 6 have Buy rating, 4 Sell and 11 Hold. Therefore 29% are positive. Pier 1 Imports had 43 analyst reports since August 25, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Wedbush on Thursday, December 15. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, September 25 report. The firm has “Outperform” rating given on Friday, September 25 by Credit Agricole. The company was initiated on Wednesday, January 4 by Loop Capital. KeyBanc Capital Markets downgraded the shares of PIR in report on Wednesday, January 27 to “Sector Weight” rating. The stock has “Sell” rating by Deutsche Bank on Thursday, December 17. Wedbush maintained Pier 1 Imports Inc (NYSE:PIR) rating on Thursday, September 8. Wedbush has “Neutral” rating and $4 target. The stock has “Hold” rating by Zacks on Tuesday, August 25. The firm earned “Hold” rating on Thursday, June 22 by Jefferies. On Monday, September 21 the stock rating was maintained by Wedbush with “Neutral”.

Investors sentiment increased to 0.96 in 2016 Q4. Its up 0.15, from 0.81 in 2016Q3. It improved, as 53 investors sold THC shares while 70 reduced holdings. 44 funds opened positions while 74 raised stakes. 98.48 million shares or 3.32% more from 95.32 million shares in 2016Q3 were reported. Icon Advisers accumulated 0.04% or 36,500 shares. Texas Permanent School Fund reported 58,136 shares stake. Aqr Capital Mngmt Ltd Com invested 0% of its portfolio in Tenet Healthcare Corp (NYSE:THC). Menta Capital Limited Liability Co invested 0.11% in Tenet Healthcare Corp (NYSE:THC). Michigan-based Comerica Bancorporation has invested 0.01% in Tenet Healthcare Corp (NYSE:THC). Jacobs Levy Equity Inc has invested 0.02% in Tenet Healthcare Corp (NYSE:THC). Commonwealth Bancorporation Of Aus reported 44,100 shares. Sei Invs has invested 0.03% in Tenet Healthcare Corp (NYSE:THC). Glenmede Trust Na invested 0% in Tenet Healthcare Corp (NYSE:THC). Pub Employees Retirement Association Of Colorado reported 23,523 shares or 0% of all its holdings. Blackrock Fund Advsrs holds 0.01% or 3.49 million shares in its portfolio. Waddell And Reed invested in 4.85M shares or 0.16% of the stock. Renaissance Technologies Ltd Llc reported 1.33M shares. Northern Corporation stated it has 0% in Tenet Healthcare Corp (NYSE:THC). Credit Suisse Ag has 0% invested in Tenet Healthcare Corp (NYSE:THC) for 324,697 shares.

Spark Investment Management Llc decreased Lifevantage Corp stake by 47,600 shares to 110,600 valued at $901,000 in 2016Q4. It also reduced Dhi Group Inc stake by 56,874 shares and now owns 429,626 shares. Valvoline Inc was reduced too.