Cooper Creek Partners Management Has Decreased Its Sportsmans Warehouse (SPWH) Stake as Stock Price Declined; Cbs Cl B (CBS) Shareholder Shikiar Asset Management Has Boosted Position

April 10, 2018 - By Ellis Scott

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Shikiar Asset Management Inc increased its stake in Cbs Corp Cl B (CBS) by 18.09% based on its latest 2017Q4 regulatory filing with the SEC. Shikiar Asset Management Inc bought 25,510 shares as the company’s stock declined 13.00% with the market. The institutional investor held 166,520 shares of the broadcasting company at the end of 2017Q4, valued at $9.83 million, up from 141,010 at the end of the previous reported quarter. Shikiar Asset Management Inc who had been investing in Cbs Corp Cl B for a number of months, seems to be bullish on the $20.14B market cap company. The stock decreased 0.49% or $0.26 during the last trading session, reaching $52.59. About 1.85 million shares traded. CBS Corporation (NYSE:CBS) has declined 22.43% since April 10, 2017 and is downtrending. It has underperformed by 33.98% the S&P500.

Cooper Creek Partners Management Llc decreased its stake in Sportsmans Warehouse (SPWH) by 44.54% based on its latest 2017Q4 regulatory filing with the SEC. Cooper Creek Partners Management Llc sold 846,694 shares as the company’s stock declined 37.95% with the market. The hedge fund held 1.05M shares of the consumer services company at the end of 2017Q4, valued at $6.97 million, down from 1.90M at the end of the previous reported quarter. Cooper Creek Partners Management Llc who had been investing in Sportsmans Warehouse for a number of months, seems to be less bullish one the $210.11M market cap company. The stock increased 0.41% or $0.02 during the last trading session, reaching $4.93. About 258,128 shares traded. Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) has declined 14.19% since April 10, 2017 and is downtrending. It has underperformed by 25.74% the S&P500.

Shikiar Asset Management Inc, which manages about $319.33 million and $213.70 million US Long portfolio, decreased its stake in Apple (NASDAQ:AAPL) by 4,480 shares to 89,278 shares, valued at $15.11M in 2017Q4, according to the filing. It also reduced its holding in Anadarko Petroleum (NYSE:APC) by 16,155 shares in the quarter, leaving it with 15,945 shares, and cut its stake in Incyte (NASDAQ:INCY).

Among 36 analysts covering CBS Corp (NYSE:CBS), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. CBS Corp had 115 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of CBS Corporation (NYSE:CBS) has “Buy” rating given on Tuesday, October 6 by Topeka Capital Markets. The rating was maintained by Needham on Friday, April 28 with “Buy”. The stock has “Hold” rating by Zacks on Monday, September 7. UBS upgraded CBS Corporation (NYSE:CBS) rating on Tuesday, October 4. UBS has “Buy” rating and $66 target. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, March 16. The rating was downgraded by Wells Fargo to “Hold” on Monday, January 29. The company was maintained on Wednesday, December 6 by Morgan Stanley. As per Monday, October 16, the company rating was maintained by Jefferies. Pivotal Research maintained the stock with “Hold” rating in Thursday, February 16 report. The firm earned “Buy” rating on Monday, November 13 by Loop Capital.

Since October 11, 2017, it had 0 buys, and 11 selling transactions for $54.99 million activity. $14.12 million worth of stock was sold by Ianniello Joseph R on Thursday, January 18.

Investors sentiment decreased to 0.59 in 2017 Q4. Its down 0.44, from 1.03 in 2017Q3. It turned negative, as 80 investors sold CBS shares while 278 reduced holdings. 65 funds opened positions while 148 raised stakes. 226.28 million shares or 0.25% more from 225.71 million shares in 2017Q3 were reported. Axa, France-based fund reported 156,795 shares. Gradient Invs Limited Liability holds 0% or 408 shares in its portfolio. Cannell Peter B And Inc holds 417,077 shares or 0.85% of its portfolio. Boyd Watterson Asset Management Oh has invested 0.14% in CBS Corporation (NYSE:CBS). Atria Llc reported 10,514 shares stake. Hennessy Incorporated holds 31,800 shares or 0.06% of its portfolio. 8 are owned by Delta Asset Ltd Llc Tn. Moneta Grp Lc reported 200 shares or 0% of all its holdings. Steinberg Glob Asset Management reported 0.16% stake. Cordasco has invested 0% in CBS Corporation (NYSE:CBS). Marsico Cap Management Lc accumulated 36,947 shares. Alpine Woods Investors Limited Company invested in 27,000 shares or 0.08% of the stock. Engineers Gate Manager LP holds 0.03% in CBS Corporation (NYSE:CBS) or 6,761 shares. 1,182 are owned by Guardian Life Insurance Of America. Hsbc Holding Public Llc holds 492,266 shares or 0.04% of its portfolio.

Among 8 analysts covering Sportsmans Warehouse (NASDAQ:SPWH), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Sportsmans Warehouse had 26 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, December 27 by DA Davidson. The rating was maintained by Sterne Agee CRT with “Buy” on Sunday, August 30. Robert W. Baird maintained it with “Buy” rating and $8.0 target in Tuesday, January 2 report. The rating was maintained by Piper Jaffray with “Hold” on Friday, September 29. The stock of Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) earned “Hold” rating by Piper Jaffray on Friday, August 18. As per Thursday, November 16, the company rating was maintained by Piper Jaffray. The rating was maintained by Robert W. Baird on Wednesday, September 20 with “Buy”. DA Davidson maintained Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) rating on Friday, November 20. DA Davidson has “Buy” rating and $15 target. Goldman Sachs maintained the stock with “Buy” rating in Thursday, March 24 report. The firm has “Neutral” rating by Goldman Sachs given on Monday, March 27.

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