Ford Motor Company (F) Shareholder Cornerstone Investment Partners Has Lowered Holding as Stock Price Declined; Coliseum Capital Management Cut Its Providence Svc (PRSC) Stake as Share Price Rose

April 24, 2018 - By Ellis Scott

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Christopher Shackelton decreased its stake in Providence Svc Corp (PRSC) by 15.98% based on its latest 2017Q4 regulatory filing with the SEC. Coliseum Capital Management Llc sold 314,605 shares as the company’s stock rose 16.23% while stock markets declined. The hedge fund run by Christopher Shackelton held 1.65M shares of the transportation services company at the end of 2017Q4, valued at $98.13M, down from 1.97M at the end of the previous reported quarter. Coliseum Capital Management Llc who had been investing in Providence Svc Corp for a number of months, seems to be less bullish one the $1.01B market cap company. The stock increased 1.02% or $0.79 during the last trading session, reaching $78.45. About 16,058 shares traded. The Providence Service Corporation (NASDAQ:PRSC) has risen 56.58% since April 24, 2017 and is uptrending. It has outperformed by 45.03% the S&P500.

Cornerstone Investment Partners Llc decreased its stake in Ford Motor Company (F) by 6.32% based on its latest 2017Q4 regulatory filing with the SEC. Cornerstone Investment Partners Llc sold 36,162 shares as the company’s stock declined 12.94% with the market. The institutional investor held 535,708 shares of the auto manufacturing company at the end of 2017Q4, valued at $6.69M, down from 571,870 at the end of the previous reported quarter. Cornerstone Investment Partners Llc who had been investing in Ford Motor Company for a number of months, seems to be less bullish one the $44.44 billion market cap company. The stock increased 0.82% or $0.09 during the last trading session, reaching $11.13. About 11.53 million shares traded. Ford Motor Company (NYSE:F) has declined 4.43% since April 24, 2017 and is downtrending. It has underperformed by 15.98% the S&P500.

Cornerstone Investment Partners Llc, which manages about $8.61B and $4.60B US Long portfolio, upped its stake in Fedex Corp (NYSE:FDX) by 16,918 shares to 687,170 shares, valued at $171.48 million in 2017Q4, according to the filing. It also increased its holding in Taiwan Semiconductor (NYSE:TSM) by 59,232 shares in the quarter, for a total of 3.62 million shares, and has risen its stake in Murphy Oil Corp. (NYSE:MUR).

Analysts await Ford Motor Company (NYSE:F) to report earnings on April, 25 after the close. They expect $0.41 earnings per share, up 5.13% or $0.02 from last year’s $0.39 per share. F’s profit will be $1.64B for 6.79 P/E if the $0.41 EPS becomes a reality. After $0.39 actual earnings per share reported by Ford Motor Company for the previous quarter, Wall Street now forecasts 5.13% EPS growth.

Investors sentiment increased to 1 in Q4 2017. Its up 0.13, from 0.87 in 2017Q3. It is positive, as 75 investors sold F shares while 325 reduced holdings. 114 funds opened positions while 285 raised stakes. 1.96 billion shares or 5.26% less from 2.07 billion shares in 2017Q3 were reported. Moneta Group Advsrs Limited Liability Corporation holds 3,801 shares. Narwhal Capital has 0.53% invested in Ford Motor Company (NYSE:F) for 184,110 shares. 2,236 are owned by Smithfield Tru Commerce. Amp Capital owns 1.48 million shares or 0.1% of their US portfolio. King Wealth Management Grp Limited Liability Com has 0.06% invested in Ford Motor Company (NYSE:F) for 12,502 shares. Moreover, Ftb Advsrs has 0.02% invested in Ford Motor Company (NYSE:F) for 14,308 shares. City Holdings Llc invested in 29,226 shares or 0.12% of the stock. Bowling Mgmt Limited Com has invested 0.56% in Ford Motor Company (NYSE:F). Fjarde Ap holds 0.19% of its portfolio in Ford Motor Company (NYSE:F) for 1.02 million shares. 203,087 were reported by First Allied Advisory Services. Next Fincl Gp holds 0.97% or 182,428 shares. First Republic Invest Mngmt holds 884,135 shares. Dynamic Limited invested 0.21% in Ford Motor Company (NYSE:F). Icon Advisers Inc holds 90,100 shares. 21,656 are held by Liberty Cap Mngmt Inc.

Since March 2, 2018, it had 0 insider purchases, and 3 sales for $5.17 million activity. On Friday, March 2 the insider Galhotra Ashwani Kumar sold $324,875. FORD WILLIAM CLAY JR also sold $4.69M worth of Ford Motor Company (NYSE:F) on Friday, March 2.

Among 28 analysts covering F&M Bank (NYSE:F), 11 have Buy rating, 2 Sell and 15 Hold. Therefore 39% are positive. F&M Bank had 62 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Ford Motor Company (NYSE:F) earned “Buy” rating by Buckingham Research on Thursday, October 15. As per Monday, October 16, the company rating was maintained by Piper Jaffray. Susquehanna maintained the shares of F in report on Wednesday, March 14 with “Hold” rating. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Monday, October 16. The firm has “Outperform” rating given on Friday, January 27 by RBC Capital Markets. The stock of Ford Motor Company (NYSE:F) earned “Buy” rating by Tigress Financial on Friday, March 31. RBC Capital Markets maintained Ford Motor Company (NYSE:F) on Sunday, September 17 with “Buy” rating. As per Friday, September 25, the company rating was maintained by S&P Research. The company was downgraded on Friday, July 29 by Goldman Sachs. The rating was initiated by Jefferies on Tuesday, August 9 with “Underperform”.

Investors sentiment increased to 1.78 in Q4 2017. Its up 0.98, from 0.8 in 2017Q3. It is positive, as 9 investors sold PRSC shares while 37 reduced holdings. 29 funds opened positions while 53 raised stakes. 12.30 million shares or 2.51% less from 12.62 million shares in 2017Q3 were reported. Neuberger Berman Grp Ltd holds 571,209 shares. Ls Advisors Limited Liability Company owns 2,676 shares for 0.01% of their portfolio. Texas Permanent School Fund holds 0.01% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC) for 7,555 shares. Coliseum Management Ltd Liability Corp reported 1.65 million shares or 62.42% of all its holdings. New Jersey-based Bessemer Group Incorporated has invested 0% in The Providence Service Corporation (NASDAQ:PRSC). Convergence Prtnrs Limited Liability Corporation invested in 0.19% or 23,889 shares. 4,713 were accumulated by Bnp Paribas Arbitrage Sa. State Street Corporation has 309,161 shares for 0% of their portfolio. Manufacturers Life Insurance The accumulated 8,745 shares or 0% of the stock. Us Comml Bank De invested in 88 shares. Kennedy Capital Management invested in 153,358 shares. Meeder Asset Management, a Ohio-based fund reported 516 shares. Panagora Asset Mngmt invested 0.01% in The Providence Service Corporation (NASDAQ:PRSC). Principal Fin Group has invested 0% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC). Comerica Natl Bank owns 97,370 shares or 0.04% of their US portfolio.

Since December 8, 2017, it had 0 insider purchases, and 6 sales for $22.43 million activity. $47,284 worth of stock was sold by KERLEY RICHARD A on Tuesday, March 13. $17.64M worth of The Providence Service Corporation (NASDAQ:PRSC) was sold by Coliseum Capital Management – LLC. The insider MEINTS KRISTI sold $685,700.

Among 3 analysts covering The Providence Service Corporation (NASDAQ:PRSC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. The Providence Service Corporation had 6 analyst reports since August 10, 2015 according to SRatingsIntel. The company was maintained on Tuesday, September 22 by Barrington Research. Barrington Research maintained it with “Outperform” rating and $61 target in Monday, August 10 report. The stock of The Providence Service Corporation (NASDAQ:PRSC) earned “Mkt Perform” rating by Avondale on Tuesday, October 11. The stock has “Market Outperform” rating by Avondale on Wednesday, November 2. On Thursday, November 10 the stock rating was downgraded by Avondale to “Mkt Perform”.

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