Kayne Anderson Rudnick Investment Management Has Decreased Its Sally Beauty Hldgs (SBH) Stake; Mitchell Group Has Lowered Cimarex Energy (XEC) Position By $3.49 Million

April 18, 2018 - By Adrian Mccoy

Cimarex Energy Co. (NYSE:XEC) Logo

Kayne Anderson Rudnick Investment Management Llc decreased Sally Beauty Hldgs (SBH) stake by 10.86% reported in 2017Q4 SEC filing. Kayne Anderson Rudnick Investment Management Llc sold 278,563 shares as Sally Beauty Hldgs (SBH)’s stock declined 14.67%. The Kayne Anderson Rudnick Investment Management Llc holds 2.29 million shares with $42.90M value, down from 2.57M last quarter. Sally Beauty Hldgs now has $2.16B valuation. The stock increased 2.63% or $0.435 during the last trading session, reaching $16.985. About 247,160 shares traded. Sally Beauty Holdings, Inc. (NYSE:SBH) has declined 20.34% since April 18, 2017 and is downtrending. It has underperformed by 31.89% the S&P500.

Mitchell Group Inc decreased Cimarex Energy (XEC) stake by 9.94% reported in 2017Q4 SEC filing. Mitchell Group Inc sold 28,585 shares as Cimarex Energy (XEC)’s stock declined 21.94%. The Mitchell Group Inc holds 259,100 shares with $31.61 million value, down from 287,685 last quarter. Cimarex Energy now has $9.45B valuation. The stock increased 2.84% or $2.74 during the last trading session, reaching $99.06. About 214,744 shares traded. Cimarex Energy Co. (NYSE:XEC) has declined 20.15% since April 18, 2017 and is downtrending. It has underperformed by 31.70% the S&P500.

Analysts await Sally Beauty Holdings, Inc. (NYSE:SBH) to report earnings on May, 3 before the open. They expect $0.56 EPS, up 27.27% or $0.12 from last year’s $0.44 per share. SBH’s profit will be $71.05 million for 7.58 P/E if the $0.56 EPS becomes a reality. After $0.44 actual EPS reported by Sally Beauty Holdings, Inc. for the previous quarter, Wall Street now forecasts 27.27% EPS growth.

Kayne Anderson Rudnick Investment Management Llc increased Appian Corp stake by 13,084 shares to 47,432 valued at $1.49M in 2017Q4. It also upped Badger Meter Inc (NYSE:BMI) stake by 17,615 shares and now owns 1.68 million shares. Ansys Inc (NASDAQ:ANSS) was raised too.

Among 17 analysts covering Sally Beauty Holdings (NYSE:SBH), 2 have Buy rating, 1 Sell and 14 Hold. Therefore 12% are positive. Sally Beauty Holdings had 53 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Buckingham Research given on Tuesday, February 6. The firm has “Hold” rating given on Wednesday, April 20 by BB&T Capital. The rating was downgraded by B. Riley & Co to “Neutral” on Friday, August 7. The rating was downgraded by Morgan Stanley on Wednesday, November 8 to “Underweight”. The firm has “Buy” rating by Robert W. Baird given on Thursday, December 21. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, November 15. Oppenheimer maintained Sally Beauty Holdings, Inc. (NYSE:SBH) on Tuesday, June 6 with “Hold” rating. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, November 22. Jefferies maintained the shares of SBH in report on Monday, November 13 with “Hold” rating. The stock of Sally Beauty Holdings, Inc. (NYSE:SBH) earned “Market Perform” rating by Wells Fargo on Thursday, June 2.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It increased, as 29 investors sold XEC shares while 139 reduced holdings. 64 funds opened positions while 140 raised stakes. 85.60 million shares or 1.05% less from 86.51 million shares in 2017Q3 were reported. Massmutual Fsb Adv reported 0% of its portfolio in Cimarex Energy Co. (NYSE:XEC). Neuberger Berman Group Inc Limited Liability reported 449,129 shares. Toronto Dominion Natl Bank has invested 0.01% in Cimarex Energy Co. (NYSE:XEC). Advantus Cap Management reported 9,582 shares stake. Pacad Limited has invested 0.11% of its portfolio in Cimarex Energy Co. (NYSE:XEC). Renaissance Techs Llc accumulated 149,098 shares. Mufg Americas Hldg holds 0% or 639 shares in its portfolio. Moreover, British Columbia Invest Management Corp has 0.05% invested in Cimarex Energy Co. (NYSE:XEC). Federated Invsts Inc Pa reported 0.05% stake. The Pennsylvania-based Pnc Financial Service Gp has invested 0% in Cimarex Energy Co. (NYSE:XEC). Glg Ltd Liability has invested 0.04% of its portfolio in Cimarex Energy Co. (NYSE:XEC). Asset Mgmt Inc holds 0.03% or 8,316 shares in its portfolio. Fuller And Thaler Asset Mgmt invested in 0% or 600 shares. 75 are owned by Delta Asset Management Ltd Liability Tn. Guggenheim Cap Limited Liability Com owns 349,245 shares for 0.1% of their portfolio.

Analysts await Cimarex Energy Co. (NYSE:XEC) to report earnings on May, 8 after the close. They expect $1.64 EPS, up 56.19% or $0.59 from last year’s $1.05 per share. XEC’s profit will be $156.52 million for 15.10 P/E if the $1.64 EPS becomes a reality. After $1.47 actual EPS reported by Cimarex Energy Co. for the previous quarter, Wall Street now forecasts 11.56% EPS growth.

Since December 12, 2017, it had 0 insider buys, and 7 sales for $3.16 million activity. Johnson Krista L had sold 2,229 shares worth $250,763. The insider JORDEN THOMAS E sold 5,000 shares worth $565,700. Lambuth John had sold 13,000 shares worth $1.48 million. ALBI JOSEPH R sold 2,000 shares worth $224,822. Barron Francis Brian had sold 3,000 shares worth $337,769. $185,853 worth of Cimarex Energy Co. (NYSE:XEC) was sold by LOGAN HAROLD R JR on Wednesday, February 28.

Among 35 analysts covering Cimarex Energy (NYSE:XEC), 24 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. Cimarex Energy had 135 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Wednesday, December 20. The company was upgraded on Tuesday, January 5 by Citigroup. The company was maintained on Monday, March 5 by Credit Suisse. The rating was maintained by Imperial Capital with “Buy” on Friday, February 16. Morgan Stanley maintained Cimarex Energy Co. (NYSE:XEC) on Wednesday, October 18 with “Overweight” rating. As per Monday, August 14, the company rating was maintained by Jefferies. Williams Capital Group initiated it with “Hold” rating and $143 target in Monday, August 29 report. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, February 7 report. Cowen & Co maintained Cimarex Energy Co. (NYSE:XEC) on Wednesday, September 27 with “Buy” rating. On Friday, May 6 the stock rating was maintained by Wunderlich with “Buy”.

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