Shoe Carnival, Inc. (SCVL) Reaches $32.39 After 4.00% Down Move; Df Dent & Co Has Boosted American Tower Corp. (AMT) Holding

June 14, 2018 - By Adrian Erickson

Shoe Carnival, Inc. (NASDAQ:SCVL) Logo

The stock of Shoe Carnival, Inc. (NASDAQ:SCVL) is a huge mover today! The stock decreased 2.17% or $0.72 during the last trading session, reaching $32.39. About 99,364 shares traded. Shoe Carnival, Inc. (NASDAQ:SCVL) has risen 53.62% since June 14, 2017 and is uptrending. It has outperformed by 41.05% the S&P500. Some Historical SCVL News: ; 23/04/2018 – DJ Shoe Carnival Inc, Inst Holders, 1Q 2018 (SCVL); 24/05/2018 – Shoe Carnival 1Q EPS 83c; 24/05/2018 – Shoe Carnival Reports Comparable Store Sales Increase of 1.3 %; 27/03/2018 – SHOE CARNIVAL INC SCVL.O FY SHR VIEW $1.94, REV VIEW $1.01 BLN — THOMSON REUTERS l/B/E/S; 27/03/2018 – Shoe Carnival 4Q Loss/Shr 24c; 27/03/2018 – Shoe Carnival Sees FY Sales $1.013B-$1.023B; 24/05/2018 – SHOE CARNIVAL INC SCVL.O SEES FY 2018 SALES $1.013 BLN TO $1.02 BLN; 27/03/2018 – Shoe Carnival Sees FY EPS $1.85-EPS $2.00; 14/05/2018 – Ams Capital LTDA Buys New 1.7% Position in Shoe Carnival; 24/05/2018 – Shoe Carnival Sees 2018 Sales $1.013B-$1.020BThe move comes after 7 months negative chart setup for the $520.79 million company. It was reported on Jun, 14 by Barchart.com. We have $31.09 PT which if reached, will make NASDAQ:SCVL worth $20.83 million less.

Df Dent & Co Inc increased American Tower Corp. (AMT) stake by 7.57% reported in 2018Q1 SEC filing. Df Dent & Co Inc acquired 48,501 shares as American Tower Corp. (AMT)’s stock declined 4.49%. The Df Dent & Co Inc holds 688,860 shares with $100.12 million value, up from 640,359 last quarter. American Tower Corp. now has $61.14B valuation. The stock increased 1.44% or $1.96 during the last trading session, reaching $138.42. About 802,794 shares traded. American Tower Corporation (NYSE:AMT) has risen 4.03% since June 14, 2017 and is uptrending. It has underperformed by 8.54% the S&P500.

Another recent and important American Tower Corporation (NYSE:REIT) news was published by Fool.com which published an article titled: “Could American Tower Get Even Bigger?” on June 06, 2018.

Among 19 analysts covering American Tower Corporation (NYSE:AMT), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. American Tower Corporation had 73 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of American Tower Corporation (NYSE:REIT) earned “Buy” rating by SunTrust on Tuesday, September 13. As per Wednesday, August 17, the company rating was maintained by Argus Research. Morgan Stanley maintained it with “Overweight” rating and $172 target in Wednesday, December 13 report. As per Tuesday, April 19, the company rating was downgraded by Evercore. The company was maintained on Monday, October 23 by Cowen & Co. The firm has “Overweight” rating given on Thursday, August 6 by Morgan Stanley. JP Morgan maintained it with “Overweight” rating and $108 target in Wednesday, October 7 report. The stock of American Tower Corporation (NYSE:REIT) has “Buy” rating given on Monday, November 27 by KeyBanc Capital Markets. Cowen & Co maintained it with “Buy” rating and $15500 target in Tuesday, July 18 report. As per Monday, August 28, the company rating was maintained by Citigroup.

Df Dent & Co Inc decreased Sba Communications Corp Cl A stake by 37,661 shares to 150,418 valued at $25.71 million in 2018Q1. It also reduced Mastercard Inc (NYSE:MA) stake by 5,629 shares and now owns 464,496 shares. Steris Plc was reduced too.

Since January 2, 2018, it had 0 buys, and 7 sales for $17.97 million activity. The insider THOMPSON SAMME L sold 3,500 shares worth $512,246. Shares for $5.94M were sold by TAICLET JAMES D JR on Tuesday, May 29. $1.99 million worth of American Tower Corporation (NYSE:REIT) shares were sold by DiSanto Edmund. HESS WILLIAM H sold $4.11M worth of stock. REED JOANN A also sold $124,071 worth of American Tower Corporation (NYSE:REIT) on Wednesday, March 14. 32,943 American Tower Corporation (NYSE:REIT) shares with value of $4.57M were sold by Sharma Amit.

Investors sentiment decreased to 1.18 in Q1 2018. Its down 0.07, from 1.25 in 2017Q4. It dropped, as 49 investors sold AMT shares while 291 reduced holdings. 94 funds opened positions while 308 raised stakes. 389.87 million shares or 3.17% more from 377.89 million shares in 2017Q4 were reported. Tru Department Mb Bancorporation N A has 0% invested in American Tower Corporation (NYSE:REIT). Roof Eidam & Maycock Adv owns 2,129 shares or 0.15% of their US portfolio. Joel Isaacson And invested 0.14% in American Tower Corporation (NYSE:REIT). 19,286 are owned by Miller Howard New York. Dekabank Deutsche Girozentrale invested in 0.08% or 80,719 shares. Bruni J V & invested in 296,539 shares or 7.43% of the stock. Massachusetts-based Wellington Mngmt Llp has invested 0.83% in American Tower Corporation (NYSE:REIT). Wellington Shields Capital Mngmt holds 2,350 shares or 0.05% of its portfolio. Twin Focus Capital Ptnrs Limited Liability Corporation holds 0.59% or 8,133 shares. State Bank Of The West invested 1.15% of its portfolio in American Tower Corporation (NYSE:REIT). Df Dent & Com Inc holds 2.32% in American Tower Corporation (NYSE:REIT) or 688,860 shares. Winslow Capital Management Ltd Liability Com has invested 1.82% in American Tower Corporation (NYSE:REIT). Tcw Group Inc Inc accumulated 2.02% or 1.71 million shares. Florida-based Ruggie Capital Group has invested 0.02% in American Tower Corporation (NYSE:REIT). Los Angeles Capital Mgmt And Equity Research holds 0.31% in American Tower Corporation (NYSE:REIT) or 375,843 shares.

Since April 4, 2018, it had 0 insider purchases, and 4 selling transactions for $372,041 activity. GERSTEL JEFFREY C sold $29,376 worth of stock or 1,200 shares. $95,280 worth of Shoe Carnival, Inc. (NASDAQ:SCVL) was sold by JACKSON W KERRY. Another trade for 7,500 shares valued at $178,125 was sold by SIFFORD CLIFTON E. Shares for $69,260 were sold by KLEEBERGER KENT A on Tuesday, May 29.

Analysts await Shoe Carnival, Inc. (NASDAQ:SCVL) to report earnings on August, 29. They expect $0.56 EPS, up 133.33% or $0.32 from last year’s $0.24 per share. SCVL’s profit will be $9.00M for 14.46 P/E if the $0.56 EPS becomes a reality. After $0.83 actual EPS reported by Shoe Carnival, Inc. for the previous quarter, Wall Street now forecasts -32.53% negative EPS growth.

Investors sentiment decreased to 1.24 in Q1 2018. Its down 0.14, from 1.38 in 2017Q4. It dropped, as 18 investors sold Shoe Carnival, Inc. shares while 36 reduced holdings. 21 funds opened positions while 46 raised stakes. 12.57 million shares or 1.42% less from 12.75 million shares in 2017Q4 were reported. Trexquant Investment L P invested 0.05% in Shoe Carnival, Inc. (NASDAQ:SCVL). Gemmer Asset Management reported 362 shares stake. Brandywine Glob Inv Ltd Com stated it has 0% in Shoe Carnival, Inc. (NASDAQ:SCVL). Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,595 shares. Comerica Bancorporation reported 11,740 shares. Qs Investors Lc holds 1,250 shares or 0% of its portfolio. Tci Wealth Advsrs Inc invested 0% of its portfolio in Shoe Carnival, Inc. (NASDAQ:SCVL). Moreover, Schwab Charles Investment has 0% invested in Shoe Carnival, Inc. (NASDAQ:SCVL) for 156,896 shares. Great West Life Assurance Can stated it has 0% of its portfolio in Shoe Carnival, Inc. (NASDAQ:SCVL). Guggenheim Lc, a Illinois-based fund reported 74,153 shares. 630,984 are owned by Vanguard Gru Incorporated Inc. Tiaa Cref Investment Mgmt Limited Liability Company accumulated 57,844 shares or 0% of the stock. Tudor Inv Et Al invested in 0.02% or 31,541 shares. 17,776 were reported by California State Teachers Retirement Sys. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management Corporation invested in 0% or 13,800 shares.

Shoe Carnival, Inc., together with its subsidiaries, operates as family footwear retailer in the United States. The company has market cap of $520.79 million. It provides various dress, casual, and athletic footwear products for men, women, and children, as well as accessories, including socks, belts, shoe care items, handbags, sport bags, backpacks, jewelry, scarves, and wallets. It has a 22 P/E ratio. As of March 23, 2017, the firm operated 411 stores in 35 states and Puerto Rico.

Shoe Carnival, Inc. (NASDAQ:SCVL) Institutional Positions Chart

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