WMIH Corp. (WMIH) Forms $1.25 Double Bottom, Saba Capital Management LP Trimmed Gap Del (Put) (GPS) Holding

July 26, 2017 - By Clifton Ray

WMIH Corp. (WMIH) formed double bottom with $1.20 target or 4.00% below today’s $1.25 share price. WMIH Corp. (WMIH) has $257.98 million valuation. It closed at $1.25 lastly. It is down 49.79% since July 26, 2016 and is downtrending. It has underperformed by 66.49% the S&P500.

Saba Capital Management Lp decreased Gap Inc Del (Put) (GPS) stake by 79.08% reported in 2016Q4 SEC filing. Saba Capital Management Lp sold 1.70 million shares as Gap Inc Del (Put) (GPS)’s stock declined 8.95%. The Saba Capital Management Lp holds 450,600 shares with $10.11M value, down from 2.15 million last quarter. Gap Inc Del (Put) now has $9.24 billion valuation. The stock increased 3.45% or $0.8 during the last trading session, reaching $23.97. About shares traded. Gap Inc (NYSE:GPS) has risen 28.94% since July 26, 2016 and is uptrending. It has outperformed by 12.24% the S&P500.

Investors sentiment decreased to 0.9 in 2016 Q4. Its down 0.01, from 0.91 in 2016Q3. It turned negative, as 46 investors sold GPS shares while 142 reduced holdings. 57 funds opened positions while 112 raised stakes. 212.42 million shares or 2.65% less from 218.21 million shares in 2016Q3 were reported. Amp Investors Ltd has 162,346 shares. Barclays Public Limited Company reported 958,206 shares. Hightower Limited Liability Corporation has 0% invested in Gap Inc (NYSE:GPS). Reilly Advsrs Limited Co reported 89 shares. Texas Permanent School Fund owns 65,719 shares. Oregon Pub Employees Retirement Fund owns 132,085 shares or 0.06% of their US portfolio. Thompson Siegel Walmsley Limited accumulated 133,225 shares. 12,576 were accumulated by Commonwealth Of Pennsylvania School Empls Retrmt. First Citizens National Bank And Tru Company reported 116,563 shares. Kcg stated it has 0.02% of its portfolio in Gap Inc (NYSE:GPS). The Germany-based Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.23% in Gap Inc (NYSE:GPS). Wolverine Asset Limited Liability accumulated 0% or 11,448 shares. Gemmer Asset Mngmt Limited Liability invested in 0% or 420 shares. Fil holds 0.01% or 204,871 shares. Davenport & Limited Liability Corporation accumulated 10,120 shares or 0% of the stock.

Among 33 analysts covering The Gap Inc. (NYSE:GPS), 5 have Buy rating, 6 Sell and 22 Hold. Therefore 15% are positive. The Gap Inc. had 125 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank maintained Gap Inc (NYSE:GPS) rating on Tuesday, August 9. Deutsche Bank has “Sell” rating and $19 target. The firm earned “Buy” rating on Friday, May 5 by Jefferies. As per Wednesday, August 12, the company rating was maintained by Cowen & Co. The firm has “Neutral” rating by M Partners given on Friday, January 8. The rating was maintained by RBC Capital Markets on Monday, January 11 with “Sector Perform”. Wells Fargo initiated Gap Inc (NYSE:GPS) on Thursday, October 22 with “Market Perform” rating. Piper Jaffray upgraded the stock to “Neutral” rating in Monday, November 28 report. The stock of Gap Inc (NYSE:GPS) has “Neutral” rating given on Saturday, August 22 by Piper Jaffray. FBR Capital maintained it with “Mkt Perform” rating and $22 target in Friday, May 20 report. The stock of Gap Inc (NYSE:GPS) earned “Market Perform” rating by Telsey Advisory Group on Friday, October 9.

Saba Capital Management Lp increased Advent Claymore Enh Grw & In (LCM) stake by 128,561 shares to 1.16M valued at $9.62 million in 2016Q4. It also upped Wells Fargo Multi Sector Inc (ERC) stake by 413,987 shares and now owns 6.15M shares. Royce Value Tr Inc (NYSE:RVT) was raised too.

Since February 9, 2017, it had 0 insider buys, and 4 insider sales for $13.35 million activity. Shares for $917,508 were sold by Owen Andi. FISHER ROBERT J sold 500,000 shares worth $12.29M. Another trade for 1,000 shares valued at $22,540 was made by Kirwan Jeff on Thursday, June 1.