First Trust Advisors LP Increases Stake in El Paso Elec Co (EE); Standard General LP Holding in National Cinemedia (NCMI) Raised by $4.04 Million

May 16, 2018 - By Lawrence Diaz

National CineMedia, Inc. (NASDAQ:NCMI) Logo

Standard General Lp increased its stake in National Cinemedia Inc (NCMI) by 5.35% based on its latest 2017Q4 regulatory filing with the SEC. Standard General Lp bought 673,200 shares as the company’s stock declined 22.97% with the market. The hedge fund held 13.25M shares of the consumer services company at the end of 2017Q4, valued at $90.89M, up from 12.58 million at the end of the previous reported quarter. Standard General Lp who had been investing in National Cinemedia Inc for a number of months, seems to be bullish on the $1.18 billion market cap company. The stock increased 1.79% or $0.13 during the last trading session, reaching $7.4. About 814,628 shares traded. National CineMedia, Inc. (NASDAQ:NCMI) has declined 57.75% since May 16, 2017 and is downtrending. It has underperformed by 69.30% the S&P500.

First Trust Advisors Lp increased its stake in El Paso Elec Co (EE) by 6.42% based on its latest 2017Q4 regulatory filing with the SEC. First Trust Advisors Lp bought 25,717 shares as the company’s stock declined 9.07% with the market. The institutional investor held 426,086 shares of the central company at the end of 2017Q4, valued at $23.58 million, up from 400,369 at the end of the previous reported quarter. First Trust Advisors Lp who had been investing in El Paso Elec Co for a number of months, seems to be bullish on the $2.28B market cap company. The stock decreased 0.27% or $0.15 during the last trading session, reaching $56.1. About 164,283 shares traded. El Paso Electric Company (NYSE:EE) has risen 0.91% since May 16, 2017 and is uptrending. It has underperformed by 10.64% the S&P500.

Since December 11, 2017, it had 4 insider buys, and 0 sales for $9.37 million activity.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.33, from 1.39 in 2017Q3. It is negative, as 22 investors sold NCMI shares while 32 reduced holdings. 21 funds opened positions while 36 raised stakes. 63.54 million shares or 0.96% less from 64.16 million shares in 2017Q3 were reported. Wells Fargo Mn reported 118,471 shares. Arrowmark Colorado Holdg Ltd Liability Corporation owns 0.67% invested in National CineMedia, Inc. (NASDAQ:NCMI) for 9.59M shares. Public Employees Retirement Sys Of Ohio stated it has 0% of its portfolio in National CineMedia, Inc. (NASDAQ:NCMI). Gsa Capital Prns Limited Liability Partnership has invested 0.08% in National CineMedia, Inc. (NASDAQ:NCMI). Bnp Paribas Arbitrage Sa holds 0% in National CineMedia, Inc. (NASDAQ:NCMI) or 22,991 shares. Huntington Comml Bank reported 0% stake. 3.63 million were reported by Oaktree Capital Mgmt Limited Partnership. Us Bancorporation De invested in 0% or 766 shares. 1.98 million were accumulated by State Of New Jersey Common Pension Fund D. Acadian Asset Ltd stated it has 0% of its portfolio in National CineMedia, Inc. (NASDAQ:NCMI). Pinnacle Assocs Ltd invested in 0% or 10,430 shares. State Bank Of Montreal Can reported 4,490 shares or 0% of all its holdings. Dimensional Fund Advisors Ltd Partnership has invested 0.01% of its portfolio in National CineMedia, Inc. (NASDAQ:NCMI). Gamco Et Al stated it has 33,000 shares or 0% of all its holdings. Standard General Lp holds 87.59% of its portfolio in National CineMedia, Inc. (NASDAQ:NCMI) for 13.25M shares.

More news for National CineMedia, Inc. (NASDAQ:NCMI) were recently published by: Globenewswire.com, which released: “Analysis: Positioning to Benefit within United Natural Foods, Capitol Federal Financial, Royal Gold, Celsion, National …” on May 15, 2018. Nasdaq.com‘s article titled: “Mid-Afternoon Market Update: Crude Oil Up Over 1%; Tower Semiconductor Shares Plunge” and published on May 07, 2018 is yet another important article.

Among 12 analysts covering National CineMedia Inc (NASDAQ:NCMI), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. National CineMedia Inc had 29 analyst reports since August 7, 2015 according to SRatingsIntel. FBR Capital downgraded National CineMedia, Inc. (NASDAQ:NCMI) on Monday, January 29 to “Hold” rating. The stock of National CineMedia, Inc. (NASDAQ:NCMI) has “Buy” rating given on Monday, March 19 by FBR Capital. The rating was downgraded by Stifel Nicolaus to “Hold” on Wednesday, July 20. The rating was downgraded by B. Riley & Co on Tuesday, November 7 to “Neutral”. FBR Capital maintained National CineMedia, Inc. (NASDAQ:NCMI) on Tuesday, November 10 with “Outperform” rating. The firm earned “Buy” rating on Tuesday, August 8 by B. Riley & Co. FBR Capital upgraded the stock to “Buy” rating in Monday, May 7 report. The stock has “Buy” rating by Zacks on Tuesday, September 22. The stock has “Sell” rating by J.P. Morgan on Wednesday, November 8. The rating was maintained by Benchmark with “Buy” on Tuesday, November 8.

More recent El Paso Electric Company (NYSE:EE) news were published by: Globenewswire.com which released: “Research Report Identifies Hancock Holding, Alliance Holdings GP, Equity Lifestyle Properties, El Paso Electric …” on May 04, 2018. Also Fool.com published the news titled: “Why Logitech International, Shopify, and El Paso Electric Jumped Today” on May 03, 2018. Seekingalpha.com‘s news article titled: “El Paso Electric’s (EE) CEO Mary Kipp on Q1 2018 Results – Earnings Call Transcript” with publication date: May 05, 2018 was also an interesting one.

Investors sentiment decreased to 1.26 in Q4 2017. Its down 0.04, from 1.3 in 2017Q3. It worsened, as 19 investors sold EE shares while 50 reduced holdings. 25 funds opened positions while 62 raised stakes. 38.29 million shares or 2.76% less from 39.38 million shares in 2017Q3 were reported. 2,982 were reported by Contravisory Investment Inc. Panagora Asset Mngmt, a Massachusetts-based fund reported 143,145 shares. Price T Rowe Associate Inc Md invested 0.01% in El Paso Electric Company (NYSE:EE). Fuller & Thaler Asset Mgmt holds 1.29% of its portfolio in El Paso Electric Company (NYSE:EE) for 1.93 million shares. Federated Pa has 0.04% invested in El Paso Electric Company (NYSE:EE). Aqr owns 0% invested in El Paso Electric Company (NYSE:EE) for 35,682 shares. Qs Invsts Ltd Com accumulated 53,640 shares or 0.03% of the stock. 7,500 are owned by Paradigm Asset Co Ltd Limited Liability Company. Sei Investments invested 0% of its portfolio in El Paso Electric Company (NYSE:EE). Fmr Ltd Liability Com invested in 1.90 million shares or 0.01% of the stock. Moreover, Northern Trust has 0.02% invested in El Paso Electric Company (NYSE:EE) for 1.30M shares. Tudor Inv Corp Et Al reported 10,306 shares. Ajo Limited Partnership owns 138,297 shares. Numeric Invsts Lc invested 0.04% in El Paso Electric Company (NYSE:EE). Gabelli Funds Ltd Company holds 0.61% of its portfolio in El Paso Electric Company (NYSE:EE) for 1.91M shares.

Among 4 analysts covering El Paso Electric Company (NYSE:EE), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. El Paso Electric Company had 19 analyst reports since November 20, 2015 according to SRatingsIntel. The stock of El Paso Electric Company (NYSE:EE) has “Hold” rating given on Friday, August 11 by Jefferies. The stock of El Paso Electric Company (NYSE:EE) has “Hold” rating given on Wednesday, January 10 by Mizuho. Jefferies downgraded El Paso Electric Company (NYSE:EE) on Tuesday, November 15 to “Hold” rating. The stock has “Hold” rating by Jefferies on Friday, October 6. On Thursday, October 26 the stock rating was maintained by Mizuho with “Hold”. The firm has “Hold” rating by Jefferies given on Thursday, March 24. The firm earned “Hold” rating on Tuesday, October 3 by Mizuho. The rating was maintained by Jefferies with “Hold” on Tuesday, June 13. The firm has “Underperform” rating given on Monday, October 16 by Jefferies. Jefferies maintained El Paso Electric Company (NYSE:EE) rating on Tuesday, September 12. Jefferies has “Hold” rating and $56.0 target.

First Trust Advisors Lp, which manages about $85.44 billion and $42.00B US Long portfolio, decreased its stake in Masco Corp (NYSE:MAS) by 76,454 shares to 65,174 shares, valued at $2.86M in 2017Q4, according to the filing. It also reduced its holding in Mcgrath Rentcorp (NASDAQ:MGRC) by 19,983 shares in the quarter, leaving it with 34,401 shares, and cut its stake in Apartment Invt & Mgmt Co (NYSE:AIV).

National CineMedia, Inc. (NASDAQ:NCMI) Institutional Positions Chart

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