Zayo Group Hldgs (Call) (ZAYO) Holding Upped by Hg Vora Capital Management Llc; As United Community Banks/Ga (UCBI) Stock Price Rose, Holder California Public Employees Retirement System Has Cut Holding

April 19, 2018 - By Linda Rogers

United Community Banks, Inc. (NASDAQ:UCBI) Logo

California Public Employees Retirement System decreased its stake in United Community Banks/Ga (UCBI) by 13.66% based on its latest 2017Q4 regulatory filing with the SEC. California Public Employees Retirement System sold 17,410 shares as the company’s stock rose 8.91% while stock markets declined. The institutional investor held 110,048 shares of the finance company at the end of 2017Q4, valued at $3.10 million, down from 127,458 at the end of the previous reported quarter. California Public Employees Retirement System who had been investing in United Community Banks/Ga for a number of months, seems to be less bullish one the $2.50 billion market cap company. The stock decreased 0.13% or $0.04 during the last trading session, reaching $31.58. About 236,253 shares traded. United Community Banks, Inc. (NASDAQ:UCBI) has risen 17.47% since April 19, 2017 and is uptrending. It has outperformed by 5.92% the S&P500.

Parag Vora increased its stake in Zayo Group Hldgs Inc (Call) (ZAYO) by 20% based on its latest 2017Q4 regulatory filing with the SEC. Hg Vora Capital Management Llc bought 250,000 shares as the company’s stock declined 6.81% with the market. The hedge fund run by Parag Vora held 1.50M shares of the public utilities company at the end of 2017Q4, valued at $55.20 million, up from 1.25M at the end of the previous reported quarter. Hg Vora Capital Management Llc who had been investing in Zayo Group Hldgs Inc (Call) for a number of months, seems to be bullish on the $9.19B market cap company. The stock increased 1.67% or $0.61 during the last trading session, reaching $37.03. About 4.49 million shares traded or 109.26% up from the average. Zayo Group Holdings, Inc. (NYSE:ZAYO) has risen 0.96% since April 19, 2017 and is uptrending. It has underperformed by 10.59% the S&P500.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.12, from 1.2 in 2017Q3. It improved, as 29 investors sold ZAYO shares while 78 reduced holdings. 51 funds opened positions while 90 raised stakes. 207.53 million shares or 2.30% more from 202.87 million shares in 2017Q3 were reported. Cibc has invested 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Spo Advisory Corporation holds 9.56% in Zayo Group Holdings, Inc. (NYSE:ZAYO) or 12.53M shares. Bluemountain Mgmt Limited reported 0.07% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO). Thornburg Inv Mngmt reported 0.7% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Commonwealth Commercial Bank Of Aus holds 0% of its portfolio in Zayo Group Holdings, Inc. (NYSE:ZAYO) for 300 shares. Macquarie reported 75,825 shares stake. Tiaa Cref Inv Mgmt Ltd Limited Liability Company invested in 0.02% or 753,911 shares. Jpmorgan Chase Communication invested 0% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Credit Suisse Ag reported 0.01% stake. The New York-based Renaissance Techs Limited Company has invested 0.05% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Vident Invest Advisory Limited Company invested 0.02% in Zayo Group Holdings, Inc. (NYSE:ZAYO). 600,000 were reported by Moore Mgmt L P. Bankshares Of America Corporation De holds 0% or 371,924 shares in its portfolio. Livforsakringsbolaget Skandia Omsesidigt invested 0.01% in Zayo Group Holdings, Inc. (NYSE:ZAYO). Moreover, First Tru Limited Partnership has 0.03% invested in Zayo Group Holdings, Inc. (NYSE:ZAYO).

Since December 29, 2017, it had 0 insider buys, and 21 selling transactions for $211.25 million activity. $62,552 worth of stock was sold by Steinfort Matt on Saturday, March 31. $35,258 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) was sold by Connor Richard W.. GTCR FUND X/A LP sold 4.68M shares worth $173.21M. Crouch Andrew also sold $510,499 worth of Zayo Group Holdings, Inc. (NYSE:ZAYO) shares. The insider Waters John F Jr. sold $387,096. $21,182 worth of stock was sold by Richardson Nina on Saturday, March 31.

Among 21 analysts covering Zayo Group Holdings (NYSE:ZAYO), 15 have Buy rating, 1 Sell and 5 Hold. Therefore 71% are positive. Zayo Group Holdings had 44 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $38 target in Thursday, December 1 report. The rating was maintained by KeyBanc Capital Markets on Wednesday, October 11 with “Hold”. Raymond James upgraded Zayo Group Holdings, Inc. (NYSE:ZAYO) on Friday, April 13 to “Outperform” rating. Barclays Capital maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) on Wednesday, October 18 with “Overweight” rating. The firm has “Buy” rating by RBC Capital Markets given on Monday, August 28. MoffettNathanson downgraded the shares of ZAYO in report on Wednesday, August 5 to “Buy” rating. The rating was maintained by JP Morgan on Monday, September 21 with “Overweight”. The firm has “Buy” rating given on Wednesday, April 20 by BTIG Research. Raymond James downgraded the shares of ZAYO in report on Wednesday, May 10 to “Mkt Perform” rating. Cowen & Co maintained Zayo Group Holdings, Inc. (NYSE:ZAYO) rating on Friday, August 11. Cowen & Co has “Buy” rating and $4500 target.

Investors sentiment decreased to 1.1 in Q4 2017. Its down 0.57, from 1.67 in 2017Q3. It dropped, as 18 investors sold UCBI shares while 59 reduced holdings. 26 funds opened positions while 59 raised stakes. 63.70 million shares or 0.69% less from 64.14 million shares in 2017Q3 were reported. Invesco Limited, a Georgia-based fund reported 227,590 shares. Envestnet Asset Mgmt invested in 6,809 shares. Pnc Fin Services Gru stated it has 10,357 shares. Banc Funds Co Ltd Liability Co owns 229,058 shares. Cypress Cap Mgmt Limited Liability (Wy), a Wyoming-based fund reported 350 shares. Rbf Cap Lc reported 0.16% of its portfolio in United Community Banks, Inc. (NASDAQ:UCBI). Pinnacle Limited holds 0% or 220 shares. Balyasny Asset Mngmt Limited stated it has 15,613 shares. Adams Diversified Equity Fund stated it has 0.04% of its portfolio in United Community Banks, Inc. (NASDAQ:UCBI). Ameriprise Fincl Incorporated invested in 0.01% or 670,807 shares. Point72 Asia (Hong Kong) Ltd holds 0.01% in United Community Banks, Inc. (NASDAQ:UCBI) or 584 shares. Geode Cap Mngmt Ltd invested in 644,199 shares or 0.01% of the stock. Ls Inv Limited Liability Corp, a Michigan-based fund reported 2,088 shares. Public Sector Pension Invest Board owns 46,037 shares. Verition Fund Mgmt Ltd Limited Liability Company accumulated 10,296 shares.

California Public Employees Retirement System, which manages about $73.97 billion US Long portfolio, upped its stake in Air Products Chemicals Inc (NYSE:APD) by 6,467 shares to 503,587 shares, valued at $82.63M in 2017Q4, according to the filing. It also increased its holding in Henry Schein Inc (NASDAQ:HSIC) by 21,869 shares in the quarter, for a total of 467,747 shares, and has risen its stake in Bruker Corp (NASDAQ:BRKR).

United Community Banks, Inc. (NASDAQ:UCBI) Institutional Positions Chart

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