As Twenty First Centy Fox (FOX) Stock Value Declined, Manikay Partners Raised Its Position by $23.96 Million; Ugi New (UGI) Share Value Rose While Hennessy Advisors Raised Position by $1.24 Million

February 23, 2018 - By Richard Conner

Hennessy Advisors Inc increased its stake in Ugi Corp New (UGI) by 8.52% based on its latest 2017Q3 regulatory filing with the SEC. Hennessy Advisors Inc bought 27,000 shares as the company’s stock rose 1.31% with the market. The institutional investor held 343,752 shares of the natural gas distribution company at the end of 2017Q3, valued at $16.11 million, up from 316,752 at the end of the previous reported quarter. Hennessy Advisors Inc who had been investing in Ugi Corp New for a number of months, seems to be bullish on the $7.47B market cap company. The stock increased 0.98% or $0.42 during the last trading session, reaching $43.17. About 752,428 shares traded. UGI Corporation (NYSE:UGI) has risen 12.89% since February 23, 2017 and is uptrending. It has underperformed by 3.81% the S&P500.

Shane Finemore increased its stake in Twenty First Centy Fox Inc (FOX) by 185.52% based on its latest 2017Q3 regulatory filing with the SEC. Manikay Partners Llc bought 958,400 shares as the company’s stock declined 9.69% while stock markets rallied. The hedge fund run by Shane Finemore held 1.48M shares of the consumer services company at the end of 2017Q3, valued at $38.04M, up from 516,600 at the end of the previous reported quarter. Manikay Partners Llc who had been investing in Twenty First Centy Fox Inc for a number of months, seems to be bullish on the $68.57B market cap company. The stock increased 0.46% or $0.17 during the last trading session, reaching $36.73. About 1.57 million shares traded. Twenty-First Century Fox, Inc. (NASDAQ:FOX) has declined 4.35% since February 23, 2017 and is downtrending. It has underperformed by 21.05% the S&P500.

Among 2 analysts covering Twenty-First Century Fox (NASDAQ:FOX), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Twenty-First Century Fox had 2 analyst reports since February 18, 2016 according to SRatingsIntel. Deutsche Bank maintained the stock with “Buy” rating in Thursday, February 18 report.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.05, from 0.96 in 2017Q2. It increased, as 12 investors sold FOX shares while 137 reduced holdings. 41 funds opened positions while 110 raised stakes. 428.17 million shares or 0.49% more from 426.07 million shares in 2017Q2 were reported. Baker Ellis Asset Limited Liability Com reported 4,000 shares stake. 21,900 are held by Quantbot Technologies Ltd Partnership. Manufacturers Life Insurance Company The owns 0.15% invested in Twenty-First Century Fox, Inc. (NASDAQ:FOX) for 4.75M shares. Ing Groep Nv holds 0.08% or 162,132 shares in its portfolio. Comml Bank Of Montreal Can stated it has 195,426 shares. Amica Pension Fund Board Of Trustees holds 0.06% of its portfolio in Twenty-First Century Fox, Inc. (NASDAQ:FOX) for 19,128 shares. Norinchukin National Bank The holds 0.04% or 75,490 shares in its portfolio. Douglass Winthrop Advsrs Llc reported 414,242 shares. Twin Mgmt holds 0.13% or 94,040 shares. Amalgamated Financial Bank has invested 0.04% in Twenty-First Century Fox, Inc. (NASDAQ:FOX). Old West Investment Management Ltd stated it has 30,036 shares. Wealthfront reported 0% stake. Moreover, Glenmede Na has 0% invested in Twenty-First Century Fox, Inc. (NASDAQ:FOX). Fifth Third Bankshares reported 0% stake. Ls Advsr Ltd reported 13,259 shares.

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.06, from 0.98 in 2017Q2. It is positive, as 33 investors sold UGI shares while 115 reduced holdings. 38 funds opened positions while 116 raised stakes. 131.63 million shares or 1.06% less from 133.03 million shares in 2017Q2 were reported. Tiedemann Wealth Management Ltd Liability has 24,531 shares. 12,529 are owned by Veritable Limited Partnership. M&T State Bank Corporation holds 0.04% or 143,659 shares. Meeder Asset Mngmt holds 0.24% of its portfolio in UGI Corporation (NYSE:UGI) for 46,518 shares. Dimensional Fund Advsr Ltd Partnership holds 1.05M shares. Livforsakringsbolaget Skandia Omsesidigt, Sweden-based fund reported 3,300 shares. 9,003 are owned by First Citizens Commercial Bank & Tru. Los Angeles Capital & Equity Rech invested 0.13% in UGI Corporation (NYSE:UGI). Vanguard Group Inc Incorporated invested in 0.04% or 17.13M shares. Kistler reported 2,982 shares. Commonwealth Bank & Trust Of owns 1.67M shares for 0.76% of their portfolio. Income Prtnrs Limited Liability owns 1.43M shares. Ameriprise Fin reported 0.01% stake. The United Kingdom-based Ahl Prns Llp has invested 0.19% in UGI Corporation (NYSE:UGI). Great Lakes Advisors Ltd Limited Liability Company holds 0.01% of its portfolio in UGI Corporation (NYSE:UGI) for 7,498 shares.

Hennessy Advisors Inc, which manages about $5.52 billion and $3.23 billion US Long portfolio, decreased its stake in Enbridge Inc (NYSE:ENB) by 137,000 shares to 1.69 million shares, valued at $70.87 million in 2017Q3, according to the filing. It also reduced its holding in Eagle Bancorp Inc Md (NASDAQ:EGBN) by 15,000 shares in the quarter, leaving it with 120,000 shares, and cut its stake in Packaging Corp Amer (NYSE:PKG).

Among 5 analysts covering UGI Corp (NYSE:UGI), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. UGI Corp had 13 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of UGI Corporation (NYSE:UGI) has “Buy” rating given on Saturday, August 8 by Zacks. As per Friday, November 10, the company rating was maintained by Barclays Capital. The stock of UGI Corporation (NYSE:UGI) has “Hold” rating given on Thursday, August 31 by Jefferies. The stock of UGI Corporation (NYSE:UGI) has “Neutral” rating given on Friday, April 29 by Janney Capital. The stock has “Hold” rating by Jefferies on Monday, October 16. The stock has “Underweight” rating by Barclays Capital on Monday, June 20. The stock has “Hold” rating by Jefferies on Wednesday, December 20. Janney Capital reinitiated the shares of UGI in report on Thursday, May 26 with “Neutral” rating. The stock of UGI Corporation (NYSE:UGI) earned “Neutral” rating by Citigroup on Wednesday, May 4. The stock has “Hold” rating by Zacks on Wednesday, August 5.

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