Regal Entmt Group (RGC) Stake Raised by Coe Capital Management Llc; Canada Pension Plan Investment Board Has Decreased Its Stake in Jetblue Airways Com (JBLU) by $2.39 Million

February 25, 2018 - By Louis Casey

Mark Coe increased its stake in Regal Entmt Group (RGC) by 31.22% based on its latest 2017Q3 regulatory filing with the SEC. Coe Capital Management Llc bought 27,930 shares as the company’s stock declined 4.72% while stock markets rallied. The hedge fund run by Mark Coe held 117,395 shares of the movies and entertainment company at the end of 2017Q3, valued at $1.88M, up from 89,465 at the end of the previous reported quarter. Coe Capital Management Llc who had been investing in Regal Entmt Group for a number of months, seems to be bullish on the $3.60B market cap company. The stock increased 0.09% or $0.02 during the last trading session, reaching $22.99. About 1.95 million shares traded. Regal Entertainment Group (NYSE:RGC) has declined 1.35% since February 25, 2017 and is downtrending. It has underperformed by 18.05% the S&P500.

Canada Pension Plan Investment Board decreased its stake in Jetblue Airways Corp Com (JBLU) by 48.18% based on its latest 2017Q3 regulatory filing with the SEC. Canada Pension Plan Investment Board sold 132,600 shares as the company’s stock rose 5.82% with the market. The institutional investor held 142,600 shares of the air freight and delivery services company at the end of 2017Q3, valued at $2.64 million, down from 275,200 at the end of the previous reported quarter. Canada Pension Plan Investment Board who had been investing in Jetblue Airways Corp Com for a number of months, seems to be less bullish one the $6.86B market cap company. The stock increased 2.25% or $0.47 during the last trading session, reaching $21.32. About 3.14M shares traded. JetBlue Airways Corporation (NASDAQ:JBLU) has risen 18.75% since February 25, 2017 and is uptrending. It has outperformed by 2.05% the S&P500.

Canada Pension Plan Investment Board, which manages about $48.90 billion US Long portfolio, upped its stake in Granite Real Estate Invt Tr Unit 99/99/9999 by 177,424 shares to 522,600 shares, valued at $20.92M in 2017Q3, according to the filing. It also increased its holding in Owens Corning New Com (NYSE:OC) by 46,500 shares in the quarter, for a total of 255,780 shares, and has risen its stake in Aflac Inc Com (NYSE:AFL).

Since September 1, 2017, it had 0 insider buys, and 12 insider sales for $672,226 activity. 2,000 shares were sold by Hayes Robin, worth $39,780 on Friday, September 1. St George Martin J had sold 2,500 shares worth $46,975. Another trade for 5,120 shares valued at $101,710 was sold by PETERSON JOEL CLINTON.

Analysts await JetBlue Airways Corporation (NASDAQ:JBLU) to report earnings on April, 24. They expect $0.17 earnings per share, down 32.00% or $0.08 from last year’s $0.25 per share. JBLU’s profit will be $54.72M for 31.35 P/E if the $0.17 EPS becomes a reality. After $0.32 actual earnings per share reported by JetBlue Airways Corporation for the previous quarter, Wall Street now forecasts -46.88% negative EPS growth.

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.19, from 1.04 in 2017Q2. It improved, as 49 investors sold JBLU shares while 94 reduced holdings. 54 funds opened positions while 122 raised stakes. 281.83 million shares or 4.78% more from 268.97 million shares in 2017Q2 were reported. U S reported 254,450 shares or 1.73% of all its holdings. 2,396 were reported by Fifth Third Natl Bank. South Dakota Invest Council accumulated 200,700 shares. Moreover, First Manhattan has 0% invested in JetBlue Airways Corporation (NASDAQ:JBLU). Burney, Virginia-based fund reported 293,399 shares. 546 were accumulated by Gemmer Asset Mngmt Ltd Liability Com. Dimensional Fund Advisors Ltd Partnership owns 11.30 million shares. Dubuque Fincl Bank owns 1,289 shares. Palisade Cap Nj reported 21,500 shares. Oakbrook Investments Ltd Liability Corporation invested in 19,130 shares or 0.02% of the stock. Moreover, At Bancorporation has 0.05% invested in JetBlue Airways Corporation (NASDAQ:JBLU) for 21,459 shares. Highland Ltd has 0.42% invested in JetBlue Airways Corporation (NASDAQ:JBLU). Wisconsin-based Winch Advisory Serv Ltd Liability Corporation has invested 0% in JetBlue Airways Corporation (NASDAQ:JBLU). Geode Mngmt Limited Liability Co reported 3.08 million shares stake. Canada Pension Plan Board reported 142,600 shares.

Among 18 analysts covering Jetblue Airways (NASDAQ:JBLU), 7 have Buy rating, 1 Sell and 10 Hold. Therefore 39% are positive. Jetblue Airways had 48 analyst reports since July 29, 2015 according to SRatingsIntel. Imperial Capital maintained JetBlue Airways Corporation (NASDAQ:JBLU) rating on Thursday, December 22. Imperial Capital has “Outperform” rating and $31 target. The rating was maintained by Morgan Stanley on Thursday, August 17 with “Equal-Weight”. The rating was maintained by Credit Suisse with “Neutral” on Tuesday, April 12. The stock has “Neutral” rating by JP Morgan on Wednesday, November 1. Citigroup initiated the stock with “Neutral” rating in Friday, November 18 report. Deutsche Bank maintained it with “Buy” rating and $27 target in Wednesday, October 25 report. As per Friday, January 26, the company rating was maintained by Buckingham Research. The firm has “Hold” rating by Cowen & Co given on Thursday, October 12. The rating was downgraded by Buckingham Research to “Neutral” on Wednesday, July 26. The stock of JetBlue Airways Corporation (NASDAQ:JBLU) earned “Outperform” rating by Imperial Capital on Wednesday, July 29.

Investors sentiment decreased to 1.16 in 2017 Q3. Its down 0.25, from 1.41 in 2017Q2. It dived, as 47 investors sold RGC shares while 66 reduced holdings. 56 funds opened positions while 75 raised stakes. 128.26 million shares or 1.47% more from 126.40 million shares in 2017Q2 were reported. Glenmede Na stated it has 250 shares. Point72 Asia (Hong Kong) Ltd, Hong Kong-based fund reported 5,908 shares. Baring Asset Management Ltd reported 0.02% of its portfolio in Regal Entertainment Group (NYSE:RGC). Savings Bank Of Montreal Can owns 0% invested in Regal Entertainment Group (NYSE:RGC) for 207,071 shares. Carroll Financial Associates Incorporated, North Carolina-based fund reported 900 shares. Thrivent Financial For Lutherans holds 0% or 85 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 3,678 shares. The Massachusetts-based Loring Wolcott And Coolidge Fiduciary Advisors Limited Liability Partnership Ma has invested 0% in Regal Entertainment Group (NYSE:RGC). Stifel has 396,286 shares for 0.02% of their portfolio. Invesco reported 6.01 million shares. Gargoyle Invest Advisor Ltd Company owns 0.7% invested in Regal Entertainment Group (NYSE:RGC) for 118,572 shares. Three Peaks Cap Limited Liability Com reported 417,669 shares. Hutchin Hill Cap LP holds 0.06% of its portfolio in Regal Entertainment Group (NYSE:RGC) for 100,000 shares. Tci Wealth Advisors reported 0% stake. Pnc Fincl Group Inc Incorporated reported 0% in Regal Entertainment Group (NYSE:RGC).

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