Tig Advisors Has Lifted Its Scripps Networks Interact In (SNI) Stake; First National Trust Co Holding in Apple (AAPL) Cut as Shares Declined

April 17, 2018 - By Marguerite Chambers

Scripps Networks Interactive, Inc. (NASDAQ:SNI) Logo

Carl Tiedemann increased its stake in Scripps Networks Interact In (SNI) by 32.76% based on its latest 2017Q4 regulatory filing with the SEC. Tig Advisors Llc bought 254,068 shares as the company’s stock 0.00% . The hedge fund run by Carl Tiedemann held 1.03M shares of the consumer services company at the end of 2017Q4, valued at $87.90 million, up from 775,481 at the end of the previous reported quarter. Tig Advisors Llc who had been investing in Scripps Networks Interact In for a number of months, seems to be bullish on the $11.71B market cap company. The stock decreased 0.07% or $0.06 during the last trading session, reaching $90.04. About 11.13M shares traded or 582.50% up from the average. Scripps Networks Interactive, Inc. (NYSE:SNI) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

First National Trust Co decreased its stake in Apple Inc (AAPL) by 1.65% based on its latest 2017Q4 regulatory filing with the SEC. First National Trust Co sold 2,273 shares as the company’s stock declined 3.81% with the market. The institutional investor held 135,291 shares of the computer manufacturing company at the end of 2017Q4, valued at $22.90 million, down from 137,564 at the end of the previous reported quarter. First National Trust Co who had been investing in Apple Inc for a number of months, seems to be less bullish one the $904.70B market cap company. The stock increased 1.41% or $2.48 during the last trading session, reaching $178.3. About 18.81M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 17, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Investors sentiment increased to 0.8 in 2017 Q4. Its up 0.22, from 0.58 in 2017Q3. It increased, as 69 investors sold SNI shares while 140 reduced holdings. 57 funds opened positions while 110 raised stakes. 75.90 million shares or 1.74% more from 74.60 million shares in 2017Q3 were reported. Highvista Strategies Lc has invested 0.13% in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Manikay Prtnrs Limited Company stated it has 5.84% of its portfolio in Scripps Networks Interactive, Inc. (NASDAQ:SNI). York Capital Mgmt Global Advsrs Limited Com has 312,122 shares for 0.65% of their portfolio. Balyasny Asset Management Limited invested in 0% or 6,700 shares. The Illinois-based Magnetar Fincl has invested 4.75% in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Eqis holds 0.07% in Scripps Networks Interactive, Inc. (NASDAQ:SNI) or 16,527 shares. Credit Suisse Ag owns 645,132 shares. Farallon Capital Management Limited Liability Com holds 0.03% of its portfolio in Scripps Networks Interactive, Inc. (NASDAQ:SNI) for 40,000 shares. Qs Invsts Ltd Liability holds 0.01% or 6,447 shares in its portfolio. Toronto Dominion State Bank accumulated 40,808 shares. Horizon Kinetics Ltd Liability accumulated 4,400 shares. Adage Capital Ptnrs Group Incorporated Ltd Liability Com invested in 0.03% or 145,125 shares. Millennium Management Ltd holds 163,979 shares or 0.02% of its portfolio. Moreover, Mason Street Advsrs Ltd Liability Corporation has 0.03% invested in Scripps Networks Interactive, Inc. (NASDAQ:SNI). Atlantic Gp Ltd Liability Company owns 0% invested in Scripps Networks Interactive, Inc. (NASDAQ:SNI) for 295 shares.

Since March 1, 2018, it had 0 insider purchases, and 4 selling transactions for $12.48 million activity. The insider TYSOE RONALD W sold $527,983. Bianchini Gina L had sold 5,873 shares worth $528,522. 2,236 shares valued at $201,278 were sold by Parham Richelle P on Thursday, March 1.

Tig Advisors Llc, which manages about $3.62 billion and $1.80B US Long portfolio, decreased its stake in Comcast Holdings Corp (Prn) (NYSE:CCZ) by 12.99 million shares to 131,200 shares, valued at $7.78M in 2017Q4, according to the filing. It also reduced its holding in Monsanto Co New (Call) (NYSE:MON) by 260,233 shares in the quarter, leaving it with 268,600 shares, and cut its stake in Scripps Networks Interact In (Put) (NYSE:SNI).

Among 19 analysts covering Scripps Networks (NYSE:SNI), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Scripps Networks had 52 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Scripps Networks Interactive, Inc. (NASDAQ:SNI) has “Hold” rating given on Thursday, October 19 by RBC Capital Markets. The stock of Scripps Networks Interactive, Inc. (NASDAQ:SNI) earned “Overweight” rating by JP Morgan on Friday, May 5. As per Tuesday, September 1, the company rating was downgraded by TheStreet. On Thursday, August 24 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The company was initiated on Thursday, July 20 by Wells Fargo. The stock of Scripps Networks Interactive, Inc. (NASDAQ:SNI) earned “Hold” rating by Moffett Nathanson on Monday, July 31. M Partners maintained it with “Neutral” rating and $64 target in Tuesday, November 10 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, November 30. The firm earned “Neutral” rating on Friday, August 14 by Citigroup. As per Tuesday, August 1, the company rating was upgraded by Citigroup.

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 394 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Monday, June 19 by Maxim Group. The rating was maintained by Citigroup on Monday, June 12 with “Buy”. The rating was maintained by RBC Capital Markets on Friday, September 4 with “Buy”. Robert W. Baird maintained it with “Buy” rating and $175.0 target in Wednesday, October 4 report. Barclays Capital maintained it with “Overweight” rating and $119 target in Wednesday, October 26 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Overweight” rating given on Wednesday, October 26 by Morgan Stanley. As per Wednesday, December 23, the company rating was maintained by FBR Capital. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, October 28 by Susquehanna. The rating was maintained by UBS on Monday, November 16 with “Buy”. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Wednesday, August 2 by Deutsche Bank.

First National Trust Co, which manages about $909.31M US Long portfolio, upped its stake in Intl Paper Co (NYSE:IP) by 10,580 shares to 50,177 shares, valued at $2.91M in 2017Q4, according to the filing. It also increased its holding in Pfizer Inc (NYSE:PFE) by 10,192 shares in the quarter, for a total of 173,092 shares, and has risen its stake in Medtronic Plc (NYSE:MDT).

Since December 7, 2017, it had 0 buys, and 4 insider sales for $19.89 million activity. 69,491 shares valued at $11.56 million were sold by SCHILLER PHILIP W on Tuesday, April 3.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1 after the close. They expect $2.71 EPS, up 29.05% or $0.61 from last year’s $2.1 per share. AAPL’s profit will be $13.75B for 16.45 P/E if the $2.71 EPS becomes a reality. After $3.89 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.33% negative EPS growth.

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