As Sinclair Broadcast Group (SBGI) Stock Price Declined, Bluefin Trading Has Decreased Holding by $928,441; Lodestar Investment Counsel Increases Position in Intuitive Surgical Com New (ISRG)

April 24, 2018 - By Ellis Scott

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Logo

Scott Burney decreased its stake in Sinclair Broadcast Group Inc (SBGI) by 57.42% based on its latest 2017Q4 regulatory filing with the SEC. Bluefin Trading Llc sold 25,093 shares as the company’s stock declined 16.75% with the market. The hedge fund run by Scott Burney held 18,607 shares of the consumer services company at the end of 2017Q4, valued at $704,000, down from 43,700 at the end of the previous reported quarter. Bluefin Trading Llc who had been investing in Sinclair Broadcast Group Inc for a number of months, seems to be less bullish one the $2.97 billion market cap company. The stock decreased 1.19% or $0.35 during the last trading session, reaching $29.05. About 1.00 million shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has declined 20.99% since April 24, 2017 and is downtrending. It has underperformed by 32.54% the S&P500.

Lodestar Investment Counsel Llc increased its stake in Intuitive Surgical Inc Com New (ISRG) by 200% based on its latest 2017Q4 regulatory filing with the SEC. Lodestar Investment Counsel Llc bought 2,344 shares as the company’s stock rose 11.58% while stock markets declined. The institutional investor held 3,516 shares of the health care company at the end of 2017Q4, valued at $1.28 million, up from 1,172 at the end of the previous reported quarter. Lodestar Investment Counsel Llc who had been investing in Intuitive Surgical Inc Com New for a number of months, seems to be bullish on the $50.74B market cap company. The stock decreased 1.85% or $8.43 during the last trading session, reaching $447.84. About 811,984 shares traded. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 58.43% since April 24, 2017 and is uptrending. It has outperformed by 46.88% the S&P500.

Analysts await Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) to report earnings on May, 9 before the open. They expect $0.73 earnings per share, up 128.13% or $0.41 from last year’s $0.32 per share. SBGI’s profit will be $74.58M for 9.95 P/E if the $0.73 EPS becomes a reality. After $1.67 actual earnings per share reported by Sinclair Broadcast Group, Inc. for the previous quarter, Wall Street now forecasts -56.29% negative EPS growth.

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.26, from 1.23 in 2017Q3. It dropped, as 31 investors sold SBGI shares while 73 reduced holdings. 41 funds opened positions while 60 raised stakes. 84.77 million shares or 1.85% more from 83.23 million shares in 2017Q3 were reported. Shannon River Fund Lc holds 1.94% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) or 213,215 shares. Mason Cap Mgmt Ltd Limited Liability Company reported 1.72 million shares. Susquehanna International Group Llp stated it has 65,100 shares. Pnc Fincl invested in 0% or 965 shares. Blackrock has 0.01% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). The New York-based Water Island Cap Limited has invested 0% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Impax Asset Limited Liability Co reported 509,022 shares stake. 214,775 are owned by Highland Management Lp. Oxbow Ltd Liability Corp stated it has 0.78% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Ruane Cunniff And Goldfarb Inc holds 0.42% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) or 1.37 million shares. Fincl Group Inc owns 332,749 shares or 1.34% of their US portfolio. Amalgamated Commercial Bank accumulated 9,699 shares or 0.01% of the stock. Weber Alan W invested 1.82% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Schwab Charles Management stated it has 0.03% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Barclays Public Ltd Co holds 0.01% or 320,891 shares in its portfolio.

Bluefin Trading Llc, which manages about $1.65B US Long portfolio, upped its stake in Ishares Tr (Prn) by 40,406 shares to 48,806 shares, valued at $1.20 million in 2017Q4, according to the filing. It also increased its holding in General Mtrs Co (NYSE:GM) by 34,900 shares in the quarter, for a total of 66,200 shares, and has risen its stake in Time Warner Inc (Put) (NYSE:TWX).

Among 8 analysts covering Sinclair Broadcast Group Inc (NASDAQ:SBGI), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sinclair Broadcast Group Inc had 24 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of SBGI in report on Tuesday, November 10 with “Outperform” rating. The stock of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has “Equal-Weight” rating given on Wednesday, November 18 by Stephens. The stock of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) earned “Buy” rating by RBC Capital Markets on Wednesday, November 1. Benchmark maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Thursday, November 5 with “Buy” rating. The firm has “Outperform” rating given on Friday, January 29 by Wedbush. Stephens maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Tuesday, January 16 with “Buy” rating. On Friday, October 20 the stock rating was initiated by Deutsche Bank with “Buy”. RBC Capital Markets maintained the shares of SBGI in report on Wednesday, July 5 with “Buy” rating. The firm has “Buy” rating given on Wednesday, February 28 by FBR Capital. As per Tuesday, September 26, the company rating was maintained by RBC Capital Markets.

Lodestar Investment Counsel Llc, which manages about $597.87M and $867.45M US Long portfolio, decreased its stake in Microsoft Corporation (NASDAQ:MSFT) by 4,564 shares to 433,959 shares, valued at $37.12M in 2017Q4, according to the filing. It also reduced its holding in Accenture Ltd Cl A (NYSE:ACN) by 3,660 shares in the quarter, leaving it with 108,207 shares, and cut its stake in Southern Company (NYSE:SO).

Investors sentiment increased to 12.48 in Q4 2017. Its up 11.44, from 1.04 in 2017Q3. It increased, as 23 investors sold ISRG shares while 21 reduced holdings. 91 funds opened positions while 458 raised stakes. 191.92 million shares or 430.23% more from 36.20 million shares in 2017Q3 were reported. Natixis has 35,258 shares for 0.1% of their portfolio. Dynamic Advisors Solutions Lc has invested 0.27% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG). Autus Asset has 1.54% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 23,098 shares. Ascend Ltd Liability Corp has invested 0.42% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Keybank National Association Oh stated it has 0.01% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG). Bahl & Gaynor Incorporated has 10,472 shares for 0.04% of their portfolio. Silvercrest Asset Mgmt Gru Limited Liability invested in 15,607 shares. New York-based Citigroup Incorporated has invested 0.07% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Gam Ag owns 5,029 shares. Acropolis Investment Mngmt Limited Liability Co holds 450 shares. Quantbot Techs Limited Partnership invested in 6,048 shares. Tradewinds Capital Ltd Liability Company holds 0% or 18 shares. Cubist Systematic Strategies Limited Liability Corp holds 0.06% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 2,893 shares. California State Teachers Retirement invested 0.15% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG). Amica Pension Fund Board Of Trustees holds 0.26% or 6,282 shares in its portfolio.

Among 20 analysts covering Intuitive Surgical Inc (NASDAQ:ISRG), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. Intuitive Surgical Inc had 77 analyst reports since July 22, 2015 according to SRatingsIntel. Morgan Stanley maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) on Friday, October 20 with “Overweight” rating. The firm earned “Buy” rating on Wednesday, April 20 by Bank of America. As per Tuesday, February 6, the company rating was maintained by Citigroup. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) earned “Overweight” rating by Morgan Stanley on Wednesday, April 18. The firm has “Buy” rating given on Monday, October 16 by Wells Fargo. The firm has “Buy” rating given on Sunday, September 6 by Wedbush. RBC Capital Markets maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) rating on Tuesday, July 18. RBC Capital Markets has “Hold” rating and $95000 target. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) earned “Buy” rating by Canaccord Genuity on Wednesday, July 22. The firm has “Hold” rating given on Friday, September 1 by RBC Capital Markets. Northland Capital downgraded the stock to “Under Perform” rating in Thursday, July 21 report.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>