Whale Rock Capital Management Continues to Hold Position in Scientific Games (SGMS); Coca Cola Co (KO) Shareholder Factory Mutual Insurance Company Has Lowered Stake by $3.87 Million as Share Value Rose

February 18, 2018 - By Darrin Black

Alex Sacerdote increased its stake in Scientific Games Corp (SGMS) by 47.96% based on its latest 2017Q3 regulatory filing with the SEC. Whale Rock Capital Management Llc bought 678,561 shares as the company’s stock rose 15.09% with the market. The hedge fund run by Alex Sacerdote held 2.09 million shares of the edp services company at the end of 2017Q3, valued at $95.99M, up from 1.41 million at the end of the previous reported quarter. Whale Rock Capital Management Llc who had been investing in Scientific Games Corp for a number of months, seems to be bullish on the $3.90B market cap company. The stock decreased 1.02% or $0.45 during the last trading session, reaching $43.5. About 456,445 shares traded. Scientific Games Corporation (NASDAQ:SGMS) has risen 186.32% since February 18, 2017 and is uptrending. It has outperformed by 169.62% the S&P500.

Factory Mutual Insurance Company decreased its stake in Coca Cola Co (KO) by 4.77% based on its latest 2017Q3 regulatory filing with the SEC. Factory Mutual Insurance Company sold 86,000 shares as the company’s stock rose 6.48% with the market. The institutional investor held 1.72 million shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $77.28 million, down from 1.80M at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Coca Cola Co for a number of months, seems to be less bullish one the $191.65 billion market cap company. The stock increased 0.45% or $0.2 during the last trading session, reaching $44.98. About 17.20 million shares traded or 37.94% up from the average. The Coca-Cola Company (NYSE:KO) has declined 0.95% since February 18, 2017 and is downtrending. It has underperformed by 17.65% the S&P500.

Among 9 analysts covering Scientific Games Corp (NASDAQ:SGMS), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Scientific Games Corp had 21 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, May 6, the company rating was maintained by Telsey Advisory Group. The firm has “Buy” rating by Craig Hallum given on Thursday, October 5. The firm has “Sell” rating given on Wednesday, August 19 by Goldman Sachs. The stock has “Hold” rating by Deutsche Bank on Tuesday, September 1. As per Wednesday, August 5, the company rating was maintained by Deutsche Bank. The stock of Scientific Games Corporation (NASDAQ:SGMS) earned “Neutral” rating by Janney Capital on Monday, August 24. The stock of Scientific Games Corporation (NASDAQ:SGMS) has “Buy” rating given on Tuesday, August 18 by Sterne Agee CRT. The stock has “Neutral” rating by JP Morgan on Friday, September 25. As per Thursday, July 13, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained the shares of SGMS in report on Friday, February 2 with “Hold” rating.

Investors sentiment increased to 1.37 in Q3 2017. Its up 0.29, from 1.08 in 2017Q2. It improved, as 14 investors sold SGMS shares while 53 reduced holdings. 30 funds opened positions while 62 raised stakes. 52.82 million shares or 1.79% more from 51.89 million shares in 2017Q2 were reported. Moreover, Public Sector Pension Invest Board has 0.01% invested in Scientific Games Corporation (NASDAQ:SGMS). Sei Invests holds 13,284 shares. Moreover, Matarin Management Limited Liability Com has 0.87% invested in Scientific Games Corporation (NASDAQ:SGMS). Moreover, Jane Street Gp Llc has 0.04% invested in Scientific Games Corporation (NASDAQ:SGMS) for 286,370 shares. Tower Research Cap (Trc) holds 0.03% of its portfolio in Scientific Games Corporation (NASDAQ:SGMS) for 7,632 shares. Moreover, Symphony Asset Mgmt Ltd has 0.1% invested in Scientific Games Corporation (NASDAQ:SGMS) for 19,142 shares. State Of Alaska Department Of Revenue holds 0.02% of its portfolio in Scientific Games Corporation (NASDAQ:SGMS) for 10,463 shares. Gabelli Funds Llc holds 304,000 shares. Citadel Ltd Liability owns 79,406 shares. Qs Invsts Ltd Llc owns 136,003 shares. Canada Pension Plan Invest Board holds 0.01% of its portfolio in Scientific Games Corporation (NASDAQ:SGMS) for 142,300 shares. Brinker Cap accumulated 6,642 shares. Alliancebernstein Lp holds 122,226 shares or 0% of its portfolio. Acadian Asset Management Ltd owns 321,475 shares or 0.07% of their US portfolio. Blackrock Inc owns 6.49 million shares or 0.02% of their US portfolio.

Factory Mutual Insurance Company, which manages about $9.12 billion US Long portfolio, upped its stake in Crown Castle Intl Corp New (NYSE:CCI) by 10,560 shares to 390,324 shares, valued at $39.02M in 2017Q3, according to the filing. It also increased its holding in Broadcom Ltd by 23,236 shares in the quarter, for a total of 350,988 shares, and has risen its stake in Fedex Corp (NYSE:FDX).

Since August 15, 2017, it had 0 insider buys, and 3 insider sales for $5.80 million activity. 23,240 shares were sold by Waller Kathy N, worth $1.07 million. 84,400 shares valued at $4.01M were sold by HAYS ED on Tuesday, January 23. On Wednesday, August 16 RIVERA ALFREDO sold $1.30M worth of The Coca-Cola Company (NYSE:KO) or 28,232 shares. On Tuesday, August 15 the insider SMITH BRIAN JOHN sold $4.61M.

Investors sentiment decreased to 0.8 in 2017 Q3. Its down 0.14, from 0.94 in 2017Q2. It is negative, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Regal Inv Limited Liability holds 0.47% or 44,941 shares in its portfolio. Wealthtrust Fairport Ltd Liability Co has 84,205 shares. Marshwinds Advisory accumulated 163,477 shares or 3.42% of the stock. First Heartland Consultants holds 0.17% or 15,615 shares. Ally Financial Inc invested 1.03% in The Coca-Cola Company (NYSE:KO). Moreno Evelyn V invested 0.1% of its portfolio in The Coca-Cola Company (NYSE:KO). The Alabama-based Hayek Kallen has invested 2.71% in The Coca-Cola Company (NYSE:KO). Allen Ops Limited Company reported 65,854 shares stake. Gofen Glossberg Ltd Il invested in 0.87% or 518,555 shares. Hirtle Callaghan Llc holds 0.08% in The Coca-Cola Company (NYSE:KO) or 19,000 shares. M Kraus And has invested 0.17% of its portfolio in The Coca-Cola Company (NYSE:KO). Smithfield Tru reported 71,644 shares or 0.44% of all its holdings. Moreover, State Treasurer State Of Michigan has 0.42% invested in The Coca-Cola Company (NYSE:KO). Cubist Systematic Strategies Limited owns 16,056 shares. Colony Group Limited Liability Company stated it has 25,221 shares or 0.08% of all its holdings.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola had 70 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Wells Fargo given on Thursday, January 19. Susquehanna maintained The Coca-Cola Company (NYSE:KO) on Wednesday, July 12 with “Hold” rating. The firm has “Buy” rating by RBC Capital Markets given on Friday, October 6. The stock of The Coca-Cola Company (NYSE:KO) has “Hold” rating given on Friday, December 22 by Stifel Nicolaus. RBC Capital Markets maintained it with “Buy” rating and $4900 target in Tuesday, August 1 report. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by BMO Capital Markets on Wednesday, July 12. The firm earned “Hold” rating on Monday, January 8 by Cowen & Co. The firm has “Hold” rating by Cowen & Co given on Thursday, July 13. The firm has “Outperform” rating by Evercore given on Friday, January 12. On Monday, January 9 the stock rating was downgraded by Goldman Sachs to “Sell”.

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