As Parsley Energy (PE) Market Value Declined, Holder Syntal Capital Partners Cut by $2.97 Million Its Stake; As Scholastic Corp. (SCHL) Share Value Declined, Zuckerman Investment Group Has Boosted Position

April 21, 2018 - By Linda Rogers

Scholastic Corporation (NASDAQ:SCHL) Logo

Syntal Capital Partners Llc decreased its stake in Parsley Energy Inc (PE) by 46.73% based on its latest 2017Q4 regulatory filing with the SEC. Syntal Capital Partners Llc sold 165,002 shares as the company’s stock declined 8.80% with the market. The institutional investor held 188,066 shares of the energy company at the end of 2017Q4, valued at $3.48 million, down from 353,068 at the end of the previous reported quarter. Syntal Capital Partners Llc who had been investing in Parsley Energy Inc for a number of months, seems to be less bullish one the $9.57B market cap company. The stock increased 0.03% or $0.01 during the last trading session, reaching $30.39. About 6.48 million shares traded or 4.54% up from the average. Parsley Energy, Inc. (NYSE:PE) has declined 12.13% since April 21, 2017 and is downtrending. It has underperformed by 23.68% the S&P500.

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 $1.45 billion market cap company. The stock increased 0.10% or $0.04 during the last trading session, reaching $41.61. About 89,164 shares traded. Scholastic Corporation (NASDAQ:SCHL) has declined 10.05% since April 21, 2017 and is downtrending. It has underperformed by 21.60% the S&P500.

Since December 18, 2017, it had 0 insider buys, and 11 insider sales for $9.70 million activity. 41,745 shares valued at $1.61 million were sold by ROBINSON RICHARD on Wednesday, April 4. Another trade for 2,500 shares valued at $98,395 was made by NEWMAN JUDITH on Tuesday, January 16.

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 initiated on Tuesday, October 13 by Oppenheimer. The company was maintained on Monday, July 10 by Stifel Nicolaus. The company was maintained on Friday, September 22 by Stifel Nicolaus. Stifel Nicolaus maintained Scholastic Corporation (NASDAQ:SCHL) on Tuesday, April 3 with “Hold” rating. On Monday, August 14 the stock rating was maintained by Stifel Nicolaus with “Hold”.

Zuckerman Investment Group Llc, which manages about $757.08 million and $398.85 million US Long portfolio, decreased its stake in The Brinks Co. (NYSE:BCO) by 166,642 shares to 213,670 shares, valued at $16.82M in 2017Q4, according to the filing. It also reduced its holding in Agco Corp. (NYSE:AGCO) by 78,739 shares in the quarter, leaving it with 194,773 shares, and cut its stake in Clough Global Opportunities Fd (GLO).

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. Barrow Hanley Mewhinney & Strauss Limited Liability Company invested 0.01% of its portfolio in Scholastic Corporation (NASDAQ:SCHL). Moreover, Zuckerman Grp Incorporated has 6.53% invested in Scholastic Corporation (NASDAQ:SCHL). Ubs Asset Mngmt Americas owns 12,537 shares for 0% of their portfolio. Brinker Cap holds 6,940 shares. Millennium Mgmt Limited Liability Corp reported 9,522 shares. Ftb Advsrs has invested 0% in Scholastic Corporation (NASDAQ:SCHL). Rhumbline Advisers reported 66,388 shares or 0.01% of all its holdings. Quantbot Tech LP accumulated 0.01% or 2,500 shares. First Mercantile Tru reported 0.03% stake. Virginia Retirement Sys Et Al accumulated 32,500 shares. 317,622 were reported by Granite Investment Lc. Fifth Third Comml Bank has 0% invested in Scholastic Corporation (NASDAQ:SCHL) for 53 shares. Guggenheim Limited Liability Corp reported 54,356 shares. State Board Of Administration Of Florida Retirement System invested 0% in Scholastic Corporation (NASDAQ:SCHL). Arizona-based Arizona State Retirement Sys has invested 0.02% in Scholastic Corporation (NASDAQ:SCHL).

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.12, from 1.13 in 2017Q3. It fall, as 49 investors sold PE shares while 96 reduced holdings. 54 funds opened positions while 93 raised stakes. 251.44 million shares or 1.93% more from 246.67 million shares in 2017Q3 were reported. Jpmorgan Chase has invested 0.03% in Parsley Energy, Inc. (NYSE:PE). Pinnacle Assocs, New York-based fund reported 76,050 shares. Advisory reported 469,170 shares. Nomura has invested 0% in Parsley Energy, Inc. (NYSE:PE). Pictet Asset Mngmt Limited, a United Kingdom-based fund reported 88,917 shares. Bank Of America De holds 714,768 shares. Fred Alger Inc reported 105,181 shares or 0.01% of all its holdings. Creative Planning stated it has 0% of its portfolio in Parsley Energy, Inc. (NYSE:PE). Sumitomo Mitsui Asset Mgmt Ltd owns 13,476 shares for 0.01% of their portfolio. Walleye Trading Limited Co owns 0.01% invested in Parsley Energy, Inc. (NYSE:PE) for 42,336 shares. Icon Advisers Incorporated Communication holds 1.41% of its portfolio in Parsley Energy, Inc. (NYSE:PE) for 692,310 shares. Tide Point Cap Mgmt LP holds 2.73% in Parsley Energy, Inc. (NYSE:PE) or 1.36M shares. Doheny Asset Management Ca invested in 0.16% or 11,300 shares. Nippon Life Glob Americas Incorporated holds 0.69% or 293,150 shares. Ls Invest Limited owns 2,446 shares.

Since February 26, 2018, it had 3 insider purchases, and 2 selling transactions for $4.83 million activity. ALAMEDDINE A R bought $259,900 worth of Parsley Energy, Inc. (NYSE:PE) on Tuesday, February 27. Sheffield Bryan also bought $4.99 million worth of Parsley Energy, Inc. (NYSE:PE) on Monday, February 26. Brokmeyer Ron had bought 2,000 shares worth $51,320.

Syntal Capital Partners Llc, which manages about $422.80 million and $327.20 million US Long portfolio, upped its stake in Johnson & Johnson (NYSE:JNJ) by 7,698 shares to 10,100 shares, valued at $1.41 million in 2017Q4, according to the filing. It also increased its holding in Sodastream International Ltd (NASDAQ:SODA) by 10,319 shares in the quarter, for a total of 23,252 shares, and has risen its stake in Synopsys Inc (NASDAQ:SNPS).

Analysts await Parsley Energy, Inc. (NYSE:PE) to report earnings on May, 3 after the close. They expect $0.21 earnings per share, up 40.00% or $0.06 from last year’s $0.15 per share. PE’s profit will be $66.15M for 36.18 P/E if the $0.21 EPS becomes a reality. After $0.30 actual earnings per share reported by Parsley Energy, Inc. for the previous quarter, Wall Street now forecasts -30.00% negative EPS growth.

Among 37 analysts covering Parsley Energy Inc (NYSE:PE), 29 have Buy rating, 0 Sell and 8 Hold. Therefore 78% are positive. Parsley Energy Inc had 139 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, February 22 by Williams Capital Group. The firm earned “Buy” rating on Thursday, September 28 by SunTrust. FBR Capital maintained Parsley Energy, Inc. (NYSE:PE) rating on Friday, March 10. FBR Capital has “Outperform” rating and $43 target. The rating was maintained by Deutsche Bank with “Buy” on Thursday, February 22. SunTrust maintained it with “Buy” rating and $34.0 target in Sunday, November 5 report. Williams Capital Group maintained the stock with “Buy” rating in Thursday, August 3 report. The company was downgraded on Wednesday, October 12 by Macquarie Research. The firm earned “Outperform” rating on Tuesday, September 13 by FBR Capital. Cowen & Co downgraded the stock to “Market Perform” rating in Tuesday, September 8 report. The firm earned “Buy” rating on Thursday, June 1 by FBR Capital.

Parsley Energy, Inc. (NYSE:PE) Institutional Positions Chart

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