Beck Mack & Oliver Has Lifted Its Holding in Oaktree Cap Group Unit Cl (OAK) by $492,560 as Stock Value Rose; Iconiq Capital Cut Its Tempur Sealy Intl (TPX) Stake by $5.49 Million; Market Valuation Declined

February 18, 2018 - By Hazel Jackson

Iconiq Capital Llc decreased its stake in Tempur Sealy Intl Inc (TPX) by 79.28% based on its latest 2017Q3 regulatory filing with the SEC. Iconiq Capital Llc sold 85,834 shares as the company’s stock declined 4.86% while stock markets rallied. The hedge fund held 22,434 shares of the consumer durables company at the end of 2017Q3, valued at $1.45M, down from 108,268 at the end of the previous reported quarter. Iconiq Capital Llc who had been investing in Tempur Sealy Intl Inc for a number of months, seems to be less bullish one the $2.94B market cap company. The stock decreased 3.49% or $1.96 during the last trading session, reaching $54.2. About 1.40 million shares traded or 72.63% up from the average. Tempur Sealy International, Inc. (NYSE:TPX) has declined 19.79% since February 18, 2017 and is downtrending. It has underperformed by 36.49% the S&P500.

Beck Mack & Oliver Llc increased its stake in Oaktree Cap Group Llc Unit Cl (OAK) by 6.72% based on its latest 2017Q3 regulatory filing with the SEC. Beck Mack & Oliver Llc bought 10,480 shares as the company’s stock rose 0.33% with the market. The institutional investor held 166,520 shares of the finance company at the end of 2017Q3, valued at $7.84M, up from 156,040 at the end of the previous reported quarter. Beck Mack & Oliver Llc who had been investing in Oaktree Cap Group Llc Unit Cl for a number of months, seems to be bullish on the $6.81B market cap company. The stock decreased 0.35% or $0.15 during the last trading session, reaching $42.2. About 541,777 shares traded or 74.23% up from the average. Oaktree Capital Group, LLC (NYSE:OAK) has risen 0.83% since February 18, 2017 and is uptrending. It has underperformed by 15.87% the S&P500.

Among 9 analysts covering Oaktree Capital Group (NYSE:OAK), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Oaktree Capital Group had 27 analyst reports since July 30, 2015 according to SRatingsIntel. As per Monday, November 2, the company rating was maintained by JP Morgan. Morgan Stanley maintained the shares of OAK in report on Tuesday, August 8 with “Outperform” rating. The firm has “Hold” rating by Oppenheimer given on Thursday, June 29. The stock has “Hold” rating by Oppenheimer on Tuesday, July 18. The stock of Oaktree Capital Group, LLC (NYSE:OAK) has “Underweight” rating given on Thursday, October 13 by Barclays Capital. Deutsche Bank maintained it with “Buy” rating and $57 target in Friday, September 18 report. The firm has “Hold” rating given on Thursday, July 27 by Oppenheimer. The company was initiated on Tuesday, December 6 by Oppenheimer. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, August 11. The stock of Oaktree Capital Group, LLC (NYSE:OAK) has “Hold” rating given on Tuesday, December 20 by Deutsche Bank.

Beck Mack & Oliver Llc, which manages about $5.32B and $3.04 billion US Long portfolio, decreased its stake in Matador Res Co Com (NYSE:MTDR) by 22,500 shares to 4.11M shares, valued at $111.64 million in 2017Q3, according to the filing. It also reduced its holding in Level 3 Communications Com New (NYSE:LVLT) by 12,506 shares in the quarter, leaving it with 1.37 million shares, and cut its stake in Brookfield Asset Management (NYSE:BAM).

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.15, from 1.23 in 2017Q2. It dropped, as 17 investors sold OAK shares while 49 reduced holdings. 20 funds opened positions while 51 raised stakes. 34.64 million shares or 3.10% more from 33.59 million shares in 2017Q2 were reported. Northwestern Mutual Wealth Mngmt holds 66 shares. 227,605 are owned by Raymond James And Associates. Jpmorgan Chase & Co has invested 0.01% in Oaktree Capital Group, LLC (NYSE:OAK). Teton Advsr has 14,161 shares for 0.06% of their portfolio. Moreover, First Manhattan has 0% invested in Oaktree Capital Group, LLC (NYSE:OAK) for 15,000 shares. Hsbc Holdings Public Ltd Company holds 4,333 shares or 0% of its portfolio. Moreover, River Road Asset Mgmt Limited Liability Corporation has 0.24% invested in Oaktree Capital Group, LLC (NYSE:OAK). New Amsterdam Prtn Ltd Liability Company New York has invested 1.35% in Oaktree Capital Group, LLC (NYSE:OAK). Telemus Limited Com, Michigan-based fund reported 5,161 shares. Lpl Financial Llc, a California-based fund reported 64,472 shares. Webster Bancorporation N A owns 0% invested in Oaktree Capital Group, LLC (NYSE:OAK) for 724 shares. Horizon Kinetics Ltd accumulated 396,785 shares. Glenmede Tru Na holds 0% of its portfolio in Oaktree Capital Group, LLC (NYSE:OAK) for 2,200 shares. Steinberg Glob Asset Mngmt accumulated 88,961 shares. Stelac Advisory Limited Co reported 2,395 shares.

Since December 19, 2017, it had 0 insider buys, and 1 insider sale for $1.58 million activity.

Investors sentiment decreased to 0.78 in 2017 Q3. Its down 0.39, from 1.17 in 2017Q2. It dived, as 29 investors sold TPX shares while 80 reduced holdings. 35 funds opened positions while 50 raised stakes. 62.16 million shares or 1.94% more from 60.97 million shares in 2017Q2 were reported. Ser Automobile Association holds 0.01% or 27,070 shares. Gemmer Asset Mgmt Llc stated it has 0% in Tempur Sealy International, Inc. (NYSE:TPX). State Board Of Administration Of Florida Retirement Sys has 84,819 shares. Ameritas Prtnrs accumulated 13,797 shares or 0.04% of the stock. Aqr Capital Management Ltd Liability Company invested in 0% or 60,702 shares. Parallax Volatility Advisers Lp holds 0% of its portfolio in Tempur Sealy International, Inc. (NYSE:TPX) for 26,207 shares. Mason Street Ltd Company accumulated 22,771 shares. Northern Trust owns 393,887 shares or 0.01% of their US portfolio. Dimensional Fund Advsrs Lp has 686,566 shares. Federated Pa holds 29,692 shares. Jpmorgan Chase And reported 35,815 shares. 443,611 are held by Ivory Invest Mgmt Limited. Huntington Bancorporation holds 0% or 200 shares. Royal Bank & Trust Of Canada owns 28,864 shares or 0% of their US portfolio. Fifth Third National Bank & Trust reported 1,685 shares.

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