Concourse Capital Management Upped Its Amc Entmt Hldgs (AMC) Stake by $1.12 Million; Whittier Trust Co Of Nevada Holds Stake in British Amern Tob Plc Sponsored Adr (BTI)

February 20, 2018 - By Winifred Garcia

Whittier Trust Co Of Nevada Inc increased its stake in British Amern Tob Plc Sponsored Adr (BTI) by 1991.58% based on its latest 2017Q3 regulatory filing with the SEC. Whittier Trust Co Of Nevada Inc bought 21,768 shares as the company’s stock rose 13.21% with the market. The institutional investor held 22,861 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $1.43 million, up from 1,093 at the end of the previous reported quarter. Whittier Trust Co Of Nevada Inc who had been investing in British Amern Tob Plc Sponsored Adr for a number of months, seems to be bullish on the $132.60B market cap company. The stock decreased 0.67% or $0.42 during the last trading session, reaching $62.43. About 1.57M shares traded. British American Tobacco p.l.c. (NYSEMKT:BTI) has risen 17.78% since February 20, 2017 and is uptrending. It has outperformed by 1.08% the S&P500.

Concourse Capital Management Llc increased its stake in Amc Entmt Hldgs Inc (AMC) by 165.99% based on its latest 2017Q3 regulatory filing with the SEC. Concourse Capital Management Llc bought 80,275 shares as the company’s stock declined 18.91% while stock markets rallied. The hedge fund held 128,635 shares of the consumer services company at the end of 2017Q3, valued at $1.89 million, up from 48,360 at the end of the previous reported quarter. Concourse Capital Management Llc who had been investing in Amc Entmt Hldgs Inc for a number of months, seems to be bullish on the $1.86 billion market cap company. The stock decreased 1.71% or $0.25 during the last trading session, reaching $14.4. About 1.44 million shares traded. AMC Entertainment Holdings, Inc. (NYSE:AMC) has declined 9.74% since February 20, 2017 and is downtrending. It has underperformed by 26.44% the S&P500.

Whittier Trust Co Of Nevada Inc, which manages about $1.08 billion US Long portfolio, decreased its stake in 3M Co (NYSE:MMM) by 4,522 shares to 72,750 shares, valued at $15.27 million in 2017Q3, according to the filing. It also reduced its holding in Doubleline Income Solutions Com (DSL) by 34,904 shares in the quarter, leaving it with 81,077 shares, and cut its stake in Apple Computer Inc Com (NASDAQ:AAPL).

Among 7 analysts covering British Amrcn Tobacco (NYSEMKT:BTI), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. British Amrcn Tobacco had 9 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of British American Tobacco p.l.c. (NYSE:BTI) has “Overweight” rating given on Wednesday, November 2 by Morgan Stanley. The rating was upgraded by Societe Generale to “Buy” on Friday, October 28. The firm has “Sell” rating given on Thursday, December 10 by Goldman Sachs. Investec upgraded the shares of BTI in report on Thursday, September 8 to “Buy” rating. The rating was reinitiated by Bank of America with “Buy” on Tuesday, August 4. Investec upgraded the shares of BTI in report on Friday, August 4 to “Buy” rating. Societe Generale downgraded the shares of BTI in report on Friday, July 29 to “Hold” rating. The firm earned “Market Perform” rating on Tuesday, August 25 by Cowen & Co. Piper Jaffray initiated British American Tobacco p.l.c. (NYSE:BTI) on Thursday, May 25 with “Overweight” rating.

Investors sentiment decreased to 1.32 in 2017 Q3. Its down 0.14, from 1.46 in 2017Q2. It fall, as 44 investors sold AMC shares while 30 reduced holdings. 44 funds opened positions while 54 raised stakes. 56.01 million shares or 0.70% less from 56.40 million shares in 2017Q2 were reported. Serengeti Asset Mngmt Limited Partnership holds 0.5% or 200,000 shares. Invesco Limited owns 57,161 shares. Hutchin Hill Limited Partnership stated it has 13,400 shares or 0.01% of all its holdings. Act Ii Management LP reported 204,162 shares. Steinberg Asset Management Limited Liability Corp accumulated 59,851 shares. Park Circle holds 3,000 shares. Three Peaks Cap Mgmt Ltd Liability reported 1.63% stake. Royal Comml Bank Of Canada accumulated 49,917 shares. National Bank Of Montreal Can holds 0% of its portfolio in AMC Entertainment Holdings, Inc. (NYSE:AMC) for 23,498 shares. Marlowe Partners LP holds 1.84% or 181,993 shares in its portfolio. Susquehanna Intl Ltd Liability Partnership stated it has 0% in AMC Entertainment Holdings, Inc. (NYSE:AMC). North Star Invest stated it has 77,703 shares. Baupost Group Incorporated Ltd Liability Corporation Ma holds 0.65% or 3.57M shares. Aperio Ltd Company accumulated 29,907 shares. Mittleman Brothers Llc has invested 17.3% of its portfolio in AMC Entertainment Holdings, Inc. (NYSE:AMC).

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