Omega Advisors Boosted Its New Media Investment Group (NEWM) Position; Roof Eidam & Maycock Raised Lowes Cos (LOW) Holding by $614,225 as Market Valuation Rose

February 18, 2018 - By Marguerite Chambers

Roof Eidam & Maycock increased its stake in Lowes Cos Inc (LOW) by 182.73% based on its latest 2017Q3 regulatory filing with the SEC. Roof Eidam & Maycock bought 7,775 shares as the company’s stock rose 10.23% with the market. The institutional investor held 12,030 shares of the consumer services company at the end of 2017Q3, valued at $962,000, up from 4,255 at the end of the previous reported quarter. Roof Eidam & Maycock who had been investing in Lowes Cos Inc for a number of months, seems to be bullish on the $79.91 billion market cap company. The stock decreased 0.21% or $0.2 during the last trading session, reaching $96.31. About 5.33 million shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since February 18, 2017 and is uptrending. It has underperformed by 10.78% the S&P500.

Leon Cooperman increased its stake in New Media Investment Group Inc (NEWM) by 1.86% based on its latest 2017Q3 regulatory filing with the SEC. Omega Advisors Inc bought 50,000 shares as the company’s stock declined 21.90% while stock markets rallied. The hedge fund run by Leon Cooperman held 2.74M shares of the newspapers and magazines company at the end of 2017Q3, valued at $40.56M, up from 2.69M at the end of the previous reported quarter. Omega Advisors Inc who had been investing in New Media Investment Group Inc for a number of months, seems to be bullish on the $844.87 million market cap company. The stock decreased 1.05% or $0.17 during the last trading session, reaching $15.98. About 146,692 shares traded. New Media Investment Group Inc. (NYSE:NEWM) has declined 23.77% since February 18, 2017 and is downtrending. It has underperformed by 40.47% the S&P500.

Roof Eidam & Maycock, which manages about $393.00 million and $194.87 million US Long portfolio, decreased its stake in Ishares Tr (EFAV) by 6,295 shares to 217,767 shares, valued at $15.48 million in 2017Q3, according to the filing. It also reduced its holding in Ishares Tr (USMV) by 9,155 shares in the quarter, leaving it with 318,550 shares, and cut its stake in Price T Rowe Group Inc (NASDAQ:TROW).

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.01, from 1.03 in 2017Q2. It improved, as 76 investors sold LOW shares while 406 reduced holdings. 115 funds opened positions while 384 raised stakes. 589.78 million shares or 2.68% less from 606.01 million shares in 2017Q2 were reported. 21,386 were accumulated by Ibm Retirement Fund. Regent Investment Mgmt Limited Liability Corporation reported 1.08% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Barnett And Company holds 0.15% or 3,683 shares. Halsey Ct holds 0.26% or 16,476 shares in its portfolio. Granite Inv Ptnrs Ltd Com owns 13,715 shares for 0.07% of their portfolio. Prelude Capital Mgmt Ltd holds 0.05% in Lowe's Companies, Inc. (NYSE:LOW) or 6,871 shares. Adirondack Tru Communications accumulated 3,192 shares or 0.2% of the stock. Eagle Ridge Invest Mgmt has invested 0.08% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Utah Retirement Sys holds 155,048 shares. Swiss Natl Bank invested 0.29% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW). Bb&T Corporation holds 0.37% or 236,822 shares in its portfolio. Dana Advsrs has invested 0.15% in Lowe's Companies, Inc. (NYSE:LOW). Synovus Fincl Corporation holds 45,065 shares. Pinebridge Invs Limited Partnership holds 0.29% in Lowe's Companies, Inc. (NYSE:LOW) or 152,172 shares. Intrust Bank Na holds 7,151 shares or 0.19% of its portfolio.

Since September 19, 2017, it had 0 buys, and 2 selling transactions for $778,532 activity. $163,675 worth of stock was sold by Ramsay Paul D on Tuesday, September 19.

Among 33 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 21 have Buy rating, 0 Sell and 12 Hold. Therefore 64% are positive. Lowe’s Companies Inc. had 87 analyst reports since August 19, 2015 according to SRatingsIntel. UBS maintained the shares of LOW in report on Thursday, November 23 with “Buy” rating. Atlantic Securities downgraded Lowe's Companies, Inc. (NYSE:LOW) on Tuesday, November 28 to “Neutral” rating. The firm earned “Hold” rating on Wednesday, August 23 by Piper Jaffray. Goldman Sachs maintained it with “Buy” rating and $88 target in Wednesday, April 6 report. The firm earned “Buy” rating on Tuesday, November 7 by RBC Capital Markets. The rating was maintained by Argus Research with “Buy” on Thursday, August 20. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Underperform” rating by Bernstein on Monday, February 6. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, November 22 report. Deutsche Bank maintained it with “Buy” rating and $85 target in Thursday, August 24 report. The firm has “Neutral” rating given on Monday, October 31 by Piper Jaffray.

Investors sentiment increased to 1.58 in 2017 Q3. Its up 0.10, from 1.48 in 2017Q2. It increased, 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. Omega Advisors invested in 2.74 million shares or 1.58% of the stock. Salem Invest Counselors stated it has 72 shares or 0% of all its holdings. Thompson Siegel Walmsley Ltd Liability Company stated it has 601,776 shares or 0.11% of all its holdings. State Board Of Administration Of Florida Retirement System holds 0% or 12,820 shares. Virginia Retirement Et Al holds 0.01% or 37,300 shares. Schwab Charles Investment Mngmt Inc stated it has 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM). Winfield Assocs holds 46,550 shares. Goldman Sachs Group Inc Inc owns 390,636 shares or 0% of their US portfolio. Fortress Group Llc holds 0.02% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM) for 74,870 shares. Moreover, Macquarie has 0% invested in New Media Investment Group Inc. (NYSE:NEWM) for 22,600 shares. Schroder Inv Mgmt Grp holds 0% in New Media Investment Group Inc. (NYSE:NEWM) or 19,400 shares. Horizon Kinetics Ltd invested in 0.02% or 42,653 shares. Perritt Inc reported 10,000 shares or 0.04% of all its holdings. Engineers Gate Manager Lp owns 27,307 shares or 0.03% of their US portfolio. Sg Americas Securities Ltd Co invested in 36,792 shares.

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. As per Thursday, March 24, the company rating was maintained by Citigroup. The rating was maintained by Barrington Research with “Outperform” on Monday, August 15. Compass Point downgraded New Media Investment Group Inc. (NYSE:NEWM) on Friday, July 29 to “Neutral” rating. As per Tuesday, April 5, the company rating was downgraded by Citigroup. Citigroup downgraded the stock to “Sell” rating in Wednesday, August 24 report. Barrington Research downgraded New Media Investment Group Inc. (NYSE:NEWM) on Thursday, September 29 to “Market Perform” rating. Compass Point maintained it with “Buy” rating and $21 target in Friday, April 29 report.

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