Bank Of America Maintains Holding in Flagstar Bancorp (FBC); Scholastic Corp. (SCHL) Holder Zuckerman Investment Group Has Upped Stake by $695,840 as Stock Value Declined

April 16, 2018 - By Ellis Scott

Flagstar Bancorp, Inc. (NYSE:FBC) Logo

Zuckerman Investment Group Llc increased its stake in Scholastic Corp. (SCHL) by 2.75% based on its latest 2017Q4 regulatory filing with the SEC. Zuckerman Investment Group Llc bought 17,396 shares as the company’s stock declined 4.97% with the market. The institutional investor held 649,309 shares of the books company at the end of 2017Q4, valued at $26.04M, up from 631,913 at the end of the previous reported quarter. Zuckerman Investment Group Llc who had been investing in Scholastic Corp. for a number of months, seems to be bullish on the $1.41 billion market cap company. The stock increased 1.35% or $0.54 during the last trading session, reaching $40.56. About 42,950 shares traded. Scholastic Corporation (NASDAQ:SCHL) has declined 10.05% since April 16, 2017 and is downtrending. It has underperformed by 21.60% the S&P500.

Bank Of America Corp increased its stake in Flagstar Bancorp Inc (FBC) by 53.02% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of America Corp bought 47,341 shares as the company’s stock declined 6.61% with the market. The institutional investor held 136,630 shares of the finance company at the end of 2017Q4, valued at $5.11 million, up from 89,289 at the end of the previous reported quarter. Bank Of America Corp who had been investing in Flagstar Bancorp Inc for a number of months, seems to be bullish on the $1.93B market cap company. The stock decreased 0.53% or $0.18 during the last trading session, reaching $33.61. About 66,071 shares traded. Flagstar Bancorp, Inc. (NYSE:FBC) has risen 29.09% since April 16, 2017 and is uptrending. It has outperformed by 17.54% the S&P500.

Among 10 analysts covering Flagstar Bancorp (NYSE:FBC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Flagstar Bancorp had 33 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Piper Jaffray given on Monday, February 13. The firm earned “Outperform” rating on Tuesday, June 28 by Wood. The company was initiated on Friday, March 24 by Stephens. The stock has “Buy” rating by Piper Jaffray on Tuesday, July 25. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, July 7. The company was maintained on Tuesday, June 13 by Boenning & Scattergood. The rating was maintained by FBR Capital with “Outperform” on Wednesday, July 29. The firm has “Market Perform” rating by Wood given on Wednesday, July 27. On Thursday, November 12 the stock rating was maintained by FBR Capital with “Outperform”. The company was downgraded on Monday, November 2 by Wood.

Bank Of America Corp, which manages about $597.43B US Long portfolio, decreased its stake in Ubiquiti Networks Inc (NASDAQ:UBNT) by 56,119 shares to 98,233 shares, valued at $6.98 million in 2017Q4, according to the filing. It also reduced its holding in Cedar Fair LP (NYSE:FUN) by 52,392 shares in the quarter, leaving it with 43,615 shares, and cut its stake in Esterline Technologies Corp (NYSE:ESL).

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.17, from 1.08 in 2017Q3. It turned negative, as 13 investors sold FBC shares while 44 reduced holdings. 16 funds opened positions while 36 raised stakes. 55.63 million shares or 0.29% less from 55.79 million shares in 2017Q3 were reported. Credit Suisse Ag stated it has 22,883 shares or 0% of all its holdings. Moreover, Geode Cap Ltd Co has 0% invested in Flagstar Bancorp, Inc. (NYSE:FBC). California State Teachers Retirement System holds 0% or 33,601 shares. The New York-based Millennium Limited Liability has invested 0% in Flagstar Bancorp, Inc. (NYSE:FBC). Advsrs Asset Mngmt holds 0% of its portfolio in Flagstar Bancorp, Inc. (NYSE:FBC) for 4,309 shares. Prudential Financial stated it has 0.01% in Flagstar Bancorp, Inc. (NYSE:FBC). Grantham Mayo Van Otterloo & Lc holds 0% or 17,800 shares. Sterling Capital Management Ltd invested in 37,183 shares or 0.01% of the stock. Federated Invsts Pa owns 467,137 shares for 0.05% of their portfolio. Usa Portformulas invested in 7,912 shares or 0.07% of the stock. First Tru Ltd Partnership holds 0.01% or 64,475 shares. Piermont Capital invested in 61,908 shares or 0.76% of the stock. Jacobs Levy Equity Mngmt accumulated 67,142 shares. State Common Retirement Fund reported 23,500 shares stake. Thompson Investment Mgmt Inc invested in 15,825 shares.

Since December 18, 2017, it had 0 insider buys, and 9 selling transactions for $8.25 million activity. HEDDEN ANDREWS S had sold 30,500 shares worth $1.19M on Tuesday, April 10. Shares for $98,395 were sold by NEWMAN JUDITH.

Investors sentiment decreased to 1.29 in Q4 2017. Its down 0.53, from 1.82 in 2017Q3. It dived, as 13 investors sold SCHL shares while 45 reduced holdings. 25 funds opened positions while 50 raised stakes. 28.28 million shares or 3.05% more from 27.44 million shares in 2017Q3 were reported. Mason Street Advisors Limited Liability Company has invested 0.01% in Scholastic Corporation (NASDAQ:SCHL). Financial Bank Of New York Mellon reported 858,725 shares or 0.01% of all its holdings. Royal Bancshares Of Canada holds 42,348 shares. Assetmark stated it has 8 shares or 0% of all its holdings. First Mercantile Tru owns 4,280 shares. Riverhead Capital Mngmt Ltd Co owns 2,636 shares for 0% of their portfolio. Legal & General Grp Public Ltd Company holds 0% in Scholastic Corporation (NASDAQ:SCHL) or 55,131 shares. Rhumbline Advisers has invested 0.01% in Scholastic Corporation (NASDAQ:SCHL). Acadian Asset reported 413,577 shares stake. Aqr Mgmt Limited Liability Company reported 24,787 shares stake. 91,534 were reported by Goldman Sachs. Teacher Retirement Of Texas has 0% invested in Scholastic Corporation (NASDAQ:SCHL). Moreover, Fifth Third Commercial Bank has 0% invested in Scholastic Corporation (NASDAQ:SCHL) for 53 shares. The Arizona-based Arizona State Retirement System has invested 0.02% in Scholastic Corporation (NASDAQ:SCHL). Lazard Asset Mgmt Ltd Company owns 315,881 shares for 0.02% of their portfolio.

Zuckerman Investment Group Llc, which manages about $757.08M and $398.85 million US Long portfolio, decreased its stake in Agco Corp. (NYSE:AGCO) by 78,739 shares to 194,773 shares, valued at $13.91M in 2017Q4, according to the filing. It also reduced its holding in Nacco Industries Inc. (NYSE:NC) by 305,184 shares in the quarter, leaving it with 67,090 shares, and cut its stake in The Brinks Co. (NYSE:BCO).

Among 2 analysts covering Scholastic Corporation (NASDAQ:SCHL), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Scholastic Corporation had 5 analyst reports since October 13, 2015 according to SRatingsIntel. The company was maintained on Monday, August 14 by Stifel Nicolaus. Stifel Nicolaus maintained Scholastic Corporation (NASDAQ:SCHL) on Friday, September 22 with “Hold” rating. The stock of Scholastic Corporation (NASDAQ:SCHL) earned “Hold” rating by Stifel Nicolaus on Tuesday, April 3. The firm earned “Hold” rating on Monday, July 10 by Stifel Nicolaus. Oppenheimer initiated it with “Outperform” rating and $50 target in Tuesday, October 13 report.

Flagstar Bancorp, Inc. (NYSE:FBC) Institutional Positions Chart

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