Sarbit Advisory Services Has Cut Its Sirius Xm Hldgs (SIRI) Position by $28.86 Million; Share Price Declined; As Genesee & Wyo (GWR) Share Price Declined, Shareholder Palisade Capital Management Has Cut by $2.38 Million Its Position

January 13, 2018 - By Vivian Park

Palisade Capital Management Llc decreased its stake in Genesee & Wyo Inc (GWR) by 5.51% based on its latest 2017Q3 regulatory filing with the SEC. Palisade Capital Management Llc sold 32,137 shares as the company’s stock declined 14.44% while stock markets rallied. The hedge fund held 551,515 shares of the transportation company at the end of 2017Q3, valued at $40.82 million, down from 583,652 at the end of the previous reported quarter. Palisade Capital Management Llc who had been investing in Genesee & Wyo Inc for a number of months, seems to be less bullish one the $5.19B market cap company. The stock decreased 0.48% or $0.4 during the last trading session, reaching $83.13. About 343,526 shares traded. Genesee & Wyoming Inc. (NYSE:GWR) has risen 13.88% since January 13, 2017 and is uptrending. It has underperformed by 2.82% the S&P500.

Sarbit Advisory Services Inc decreased its stake in Sirius Xm Hldgs Inc (SIRI) by 49.82% based on its latest 2017Q3 regulatory filing with the SEC. Sarbit Advisory Services Inc sold 3.61 million shares as the company’s stock declined 0.61% while stock markets rallied. The institutional investor held 3.63 million shares of the broadcasting company at the end of 2017Q3, valued at $31.37M, down from 7.24 million at the end of the previous reported quarter. Sarbit Advisory Services Inc who had been investing in Sirius Xm Hldgs Inc for a number of months, seems to be less bullish one the $25.19 billion market cap company. The stock decreased 0.36% or $0.02 during the last trading session, reaching $5.48. About 15.78M shares traded. Sirius XM Holdings Inc. (NASDAQ:SIRI) has risen 25.58% since January 13, 2017 and is uptrending. It has outperformed by 8.88% the S&P500.

Analysts await Sirius XM Holdings Inc. (NASDAQ:SIRI) to report earnings on February, 1. They expect $0.04 EPS, 0.00% or $0.00 from last year’s $0.04 per share. SIRI’s profit will be $183.83M for 34.25 P/E if the $0.04 EPS becomes a reality. After $0.06 actual EPS reported by Sirius XM Holdings Inc. for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.14, from 1.07 in 2017Q2. It is negative, as 31 investors sold SIRI shares while 132 reduced holdings. 48 funds opened positions while 104 raised stakes. 884.13 million shares or 3.66% less from 917.75 million shares in 2017Q2 were reported. Cobblestone Cap Advsrs Ltd Limited Liability Company owns 167,883 shares. 10,500 were accumulated by North Mgmt. Reilly Fincl Advisors Limited has 201 shares for 0% of their portfolio. Ameriprise Financial reported 227,119 shares. Gamco Invsts Incorporated Et Al invested 0% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Valley National Advisers accumulated 20,423 shares or 0.04% of the stock. Hussman Strategic Advisors owns 400,000 shares. Old Mutual Invsts (Uk) Limited invested in 1,625 shares. Nationwide Fund Advisors invested 0.04% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Arrowmark Colorado Hldg Llc owns 1.07M shares or 0.07% of their US portfolio. Marco Inv Management Limited Com invested in 77,000 shares. Comerica Bank has 0% invested in Sirius XM Holdings Inc. (NASDAQ:SIRI). Sg Americas Limited Liability Com has 0% invested in Sirius XM Holdings Inc. (NASDAQ:SIRI). Cetera Advisor Lc has 19,124 shares for 0% of their portfolio. Hrt Limited Company has invested 0.08% in Sirius XM Holdings Inc. (NASDAQ:SIRI).

Sarbit Advisory Services Inc, which manages about $561.75 million US Long portfolio, upped its stake in Liberty Media Corp Delaware by 88,531 shares to 1.24M shares, valued at $81.09M in 2017Q3, according to the filing.

Among 16 analysts covering Sirius XM Holdings (NASDAQ:SIRI), 7 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Sirius XM Holdings had 33 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 11 by Piper Jaffray. Wunderlich upgraded the stock to “Buy” rating in Wednesday, July 29 report. The stock has “Buy” rating by Bank of America on Wednesday, June 14. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, March 22. The rating was maintained by Pivotal Research with “Buy” on Thursday, July 27. The stock has “Hold” rating by RBC Capital Markets on Monday, October 16. Barclays Capital maintained Sirius XM Holdings Inc. (NASDAQ:SIRI) rating on Friday, August 14. Barclays Capital has “Overweight” rating and $4.60 target. On Thursday, October 12 the stock rating was maintained by Bank of America with “Buy”. The firm earned “Hold” rating on Monday, October 16 by KeyBanc Capital Markets. The rating was downgraded by Wunderlich to “Hold” on Thursday, March 16.

Investors sentiment increased to 1.07 in 2017 Q3. Its up 0.08, from 0.99 in 2017Q2. It is positive, as 27 investors sold GWR shares while 82 reduced holdings. 37 funds opened positions while 80 raised stakes. 58.92 million shares or 1.22% more from 58.21 million shares in 2017Q2 were reported. Whittier Of Nevada holds 0.01% or 1,030 shares in its portfolio. Bbva Compass Comml Bank Inc has invested 0.02% in Genesee & Wyoming Inc. (NYSE:GWR). Villere St Denis J And Limited Co stated it has 938,344 shares or 4.06% of all its holdings. First Personal owns 423 shares. Northern Tru Corporation holds 503,581 shares or 0.01% of its portfolio. Weiss Multi stated it has 40,000 shares. Ls Inv Advsrs Ltd Liability Co stated it has 4,826 shares or 0.02% of all its holdings. Victory Capital Management reported 0.09% in Genesee & Wyoming Inc. (NYSE:GWR). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 2,655 shares. State Of New Jersey Common Pension Fund D holds 0.04% of its portfolio in Genesee & Wyoming Inc. (NYSE:GWR) for 150,000 shares. Piermont Capital Mgmt Inc reported 9,480 shares. Jennison Assoc Ltd Liability Corporation invested in 353,061 shares or 0.03% of the stock. Amp Invsts Limited holds 0.02% or 51,708 shares in its portfolio. Jacobs & Ca has 0.32% invested in Genesee & Wyoming Inc. (NYSE:GWR) for 23,007 shares. Sentinel Asset Mgmt Inc holds 290,316 shares or 0.51% of its portfolio.

Among 13 analysts covering Genesee & Wyoming Inc. (NYSE:GWR), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Genesee & Wyoming Inc. had 39 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Outperform” on Wednesday, November 2. The company was maintained on Friday, April 29 by Cowen & Co. The stock of Genesee & Wyoming Inc. (NYSE:GWR) earned “Buy” rating by Cowen & Co on Friday, August 11. Deutsche Bank maintained the stock with “Buy” rating in Monday, October 12 report. The company was maintained on Tuesday, October 31 by Stifel Nicolaus. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, August 1. Cowen & Co maintained Genesee & Wyoming Inc. (NYSE:GWR) on Monday, July 10 with “Buy” rating. RBC Capital Markets maintained Genesee & Wyoming Inc. (NYSE:GWR) on Thursday, July 6 with “Hold” rating. Cowen & Co maintained the stock with “Outperform” rating in Monday, November 2 report. The firm has “Hold” rating by Stifel Nicolaus given on Monday, September 11.

Analysts await Genesee & Wyoming Inc. (NYSE:GWR) to report earnings on February, 14. They expect $0.75 EPS, down 24.24% or $0.24 from last year’s $0.99 per share. GWR’s profit will be $46.79M for 27.71 P/E if the $0.75 EPS becomes a reality. After $0.81 actual EPS reported by Genesee & Wyoming Inc. for the previous quarter, Wall Street now forecasts -7.41% negative EPS growth.

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