Schneider Capital Management Has Raised Position in Weatherford International Limi (WFT); Gaming & Leisure Pptys (GLPI) Share Price Rose While Susquehanna International Group Llp Has Trimmed Stake

June 6, 2018 - By Clifton Ray

Weatherford International plc (NYSE:WFT) Logo

Schneider Capital Management Corp increased its stake in Weatherford International Limi (WFT) by 21.83% based on its latest 2018Q1 regulatory filing with the SEC. Schneider Capital Management Corp bought 1.13 million shares as the company’s stock rose 13.47% while stock markets declined. The institutional investor held 6.32 million shares of the metal fabrications company at the end of 2018Q1, valued at $14.47M, up from 5.19M at the end of the previous reported quarter. Schneider Capital Management Corp who had been investing in Weatherford International Limi for a number of months, seems to be bullish on the $3.57B market cap company. The stock increased 0.85% or $0.03 during the last trading session, reaching $3.58. About 13.87M shares traded. Weatherford International plc (NYSE:WFT) has declined 33.79% since June 6, 2017 and is downtrending. It has underperformed by 46.36% the S&P500. Some Historical WFT News: 24/04/2018 – Weatherford 1Q EBITDA $86M; 24/04/2018 – Weatherford 1Q Loss/Shr 25c; 24/04/2018 – WEATHERFORD SEES CASH-FLOW BREAKEVEN IN 2018, POSITIVE IN ’19; 24/04/2018 – Weatherford Bond Trading 4x Average; Clients Net Buyers; 24/04/2018 – WEATHERFORD SAYS IN ADVANCED NEGOTIATIONS ON RIGS SALE; 24/04/2018 – WEATHERFORD INTERNATIONAL PLC – IN QTR, RECORDED PRE-TAX CHARGES OF $57 MLN; 06/03/2018 Multi-State Surplus Real Estate Auction Set for April; 24/04/2018 – WEATHERFORD CEO DECLINES TO GIVE TIMELINE FOR RIG-SALE CLOSING; 24/04/2018 – WEATHERFORD SEES 2Q W. HEMISPHERE OPERATING INCOME DOWN VS 1Q; 07/05/2018 – WEATHERFORD-VALIANT TO MARKET ELECTRICAL SUBMERSIBLE PUMPS

Susquehanna International Group Llp decreased its stake in Gaming & Leisure Pptys Inc (GLPI) by 76.78% based on its latest 2018Q1 regulatory filing with the SEC. Susquehanna International Group Llp sold 156,240 shares as the company’s stock rose 3.92% while stock markets declined. The institutional investor held 47,260 shares of the consumer services company at the end of 2018Q1, valued at $1.59 million, down from 203,500 at the end of the previous reported quarter. Susquehanna International Group Llp who had been investing in Gaming & Leisure Pptys Inc for a number of months, seems to be less bullish one the $7.55 billion market cap company. The stock increased 0.43% or $0.15 during the last trading session, reaching $35.36. About 535,823 shares traded. Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) has declined 4.11% since June 6, 2017 and is downtrending. It has underperformed by 16.68% the S&P500. Some Historical GLPI News: 16/04/2018 – GAMING AND LEISURE PROPERTIES INC – ANNOUNCED ACQUISITIONS ARE EXPECTED TO BE 8% TO 10% ACCRETIVE; 25/04/2018 – GAMING & LEISURE REPORTS CFO RETIREMENT; 16/04/2018 – Gaming and Leisure Properties, Inc. Announces Acquisition of the Real Estate Assets of Tropicana Entertainment; 07/05/2018 – GAMING AND LEISURE PROPERTIES INC – NOTES WILL BE OFFERED IN TWO TRANCHES, FIRST OF WHICH WILL BE DUE 2025 AND SECOND OF WHICH WILL BE DUE 2028; 25/04/2018 – Gaming and Leisure Properties, Inc. Announces Chief Fincl Officer William Clifford’s Retirement; 25/04/2018 – Gaming & Leisure 1Q Profit Rises 3%; CFO To Retire; 16/04/2018 – Icahn’s Tropicana To Sell Assets To Gaming & Leisure, Eldorado In $1.85 Billion Deal — MarketWatch; 25/04/2018 – Gaming & Leisure Props 1Q Funds From Operations $121.9M; 07/05/2018 – GAMING & LEISURE REPORTS A TENDER OFFER & CONSENT SOLICITATION; 16/04/2018 – ELDORADO RESORTS INC – CO WILL FUND $640 MLN OF CASH CONSIDERATION PAYABLE IN ACQUISITION

Schneider Capital Management Corp, which manages about $436.49 million US Long portfolio, decreased its stake in Whiting Petroleum Corp. by 250,898 shares to 1.18 million shares, valued at $40.04 million in 2018Q1, according to the filing. It also reduced its holding in Everest Re Group Ltd (NYSE:RE) by 1,597 shares in the quarter, leaving it with 8,344 shares, and cut its stake in Taylor Morrison Home Corp. Cla (NYSE:TMHC).

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.20, from 0.79 in 2017Q4. It increased, as 41 investors sold WFT shares while 83 reduced holdings. 39 funds opened positions while 84 raised stakes. 1.09 billion shares or 1.14% more from 1.08 billion shares in 2017Q4 were reported. Tiaa Cref Inv Management stated it has 0.01% in Weatherford International plc (NYSE:WFT). New York State Common Retirement Fund owns 2.42 million shares or 0.01% of their US portfolio. Stifel holds 1.76 million shares or 0.01% of its portfolio. Creative Planning reported 208,931 shares stake. The New York-based Pomelo Ltd Limited Liability Company has invested 0.08% in Weatherford International plc (NYSE:WFT). Moreover, Manufacturers Life Insurance The has 0% invested in Weatherford International plc (NYSE:WFT) for 29,268 shares. Nokota Mngmt Lp accumulated 980,499 shares. Sg Americas Secs Limited holds 0.02% of its portfolio in Weatherford International plc (NYSE:WFT) for 895,109 shares. Moreover, Millennium Mngmt Limited Liability Co has 0.05% invested in Weatherford International plc (NYSE:WFT) for 15.24M shares. Baldwin Brothers Inc Ma stated it has 5,000 shares or 0% of all its holdings. State Of Alaska Department Of Revenue has 69,320 shares for 0% of their portfolio. Us Commercial Bank De owns 4,422 shares or 0% of their US portfolio. Mitchell Gp stated it has 3.77M shares or 1.67% of all its holdings. New Jersey-based Abner Herrman Brock Limited Company has invested 0% in Weatherford International plc (NYSE:WFT). Hotchkis & Wiley Management Limited Company invested in 12.54 million shares or 0.11% of the stock.

Among 35 analysts covering Weatherford International Ltd. (NYSE:WFT), 25 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. Weatherford International Ltd. had 120 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $300 target in Tuesday, April 24 report. RBC Capital Markets maintained Weatherford International plc (NYSE:WFT) on Friday, October 6 with “Buy” rating. The rating was upgraded by Capital One to “Overweight” on Tuesday, March 7. The rating was initiated by DA Davidson on Friday, February 19 with “Buy”. The stock has “Buy” rating by Goldman Sachs on Friday, March 11. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, December 21 report. The stock of Weatherford International plc (NYSE:WFT) earned “Neutral” rating by Goldman Sachs on Thursday, April 13. On Tuesday, June 14 the stock rating was maintained by Citigroup with “Buy”. As per Friday, December 2, the company rating was initiated by Bernstein. The firm has “Buy” rating given on Friday, December 11 by Citigroup.

Analysts await Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) to report earnings on July, 26. They expect $0.77 earnings per share, down 1.28% or $0.01 from last year’s $0.78 per share. GLPI’s profit will be $164.39 million for 11.48 P/E if the $0.77 EPS becomes a reality. After $0.79 actual earnings per share reported by Gaming and Leisure Properties, Inc. for the previous quarter, Wall Street now forecasts -2.53% negative EPS growth.

More notable recent Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) news were published by: Seekingalpha.com which released: “Window-shop period on Tropicana deal expires” on May 16, 2018, also Nasdaq.com with their article: “Gaming and Leisure Properties Receives the Requisite Consents Pursuant to the Tender Offer and Consent …” published on May 21, 2018, Investorplace.com published: “3 REITs Paying Up to 10% With Double-Digit Upside Ahead” on May 29, 2018. More interesting news about Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) were released by: Gurufocus.com and their article: “5 Real Estate Stocks Gurus Are Buying” published on June 04, 2018 as well as Globenewswire.com‘s news article titled: “Market Trends Toward New Normal in Gaming and Leisure Properties, SMART SAND INC, ARMOUR Residential REIT …” with publication date: May 31, 2018.

Since February 12, 2018, it had 2 buys, and 0 insider sales for $4.14 million activity. On Monday, February 12 the insider CARLINO PETER M bought $1.33M.

Susquehanna International Group Llp, which manages about $280.58B US Long portfolio, upped its stake in Palo Alto Networks Inc (Prn) by 12.50M shares to 16.50 million shares, valued at $27.23 million in 2018Q1, according to the filing. It also increased its holding in Heico Corp New (Put) (NYSE:HEI) by 11,200 shares in the quarter, for a total of 16,200 shares, and has risen its stake in Jones Lang Lasalle Inc (Put) (NYSE:JLL).

Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) 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

>