Hbk Investments LP Cut Its Spartannash Co (SPTN) Holding by $428,142; Stock Price Declined; Rafferty Asset Management Raised Its Ameriprise Finl (AMP) Stake by $359,640

January 14, 2018 - By Ruchi Gupta

Rafferty Asset Management Llc increased its stake in Ameriprise Finl Inc (AMP) by 10.75% based on its latest 2017Q3 regulatory filing with the SEC. Rafferty Asset Management Llc bought 2,430 shares as the company’s stock declined 2.45% while stock markets rallied. The institutional investor held 25,035 shares of the finance company at the end of 2017Q3, valued at $3.72M, up from 22,605 at the end of the previous reported quarter. Rafferty Asset Management Llc who had been investing in Ameriprise Finl Inc for a number of months, seems to be bullish on the $26.93 billion market cap company. The stock increased 1.71% or $3.06 during the last trading session, reaching $182.04. About 1.15M shares traded or 40.88% up from the average. Ameriprise Financial, Inc. (NYSE:AMP) has risen 30.25% since January 14, 2017 and is uptrending. It has outperformed by 13.55% the S&P500.

David Costen Haley decreased its stake in Spartannash Co (SPTN) by 58.19% based on its latest 2017Q3 regulatory filing with the SEC. Hbk Investments LP sold 16,467 shares as the company’s stock declined 7.72% while stock markets rallied. The hedge fund run by David Costen Haley held 11,833 shares of the food distributors company at the end of 2017Q3, valued at $312,000, down from 28,300 at the end of the previous reported quarter. Hbk Investments LP who had been investing in Spartannash Co for a number of months, seems to be less bullish one the $935.01M market cap company. The stock increased 0.28% or $0.07 during the last trading session, reaching $25.29. About 141,089 shares traded. SpartanNash Company (NASDAQ:SPTN) has risen 31.81% since January 14, 2017 and is uptrending. It has outperformed by 15.11% the S&P500.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.15, from 1.12 in 2017Q2. It dropped, as 35 investors sold AMP shares while 228 reduced holdings. 76 funds opened positions while 178 raised stakes. 116.09 million shares or 1.34% more from 114.55 million shares in 2017Q2 were reported. Thomas White has 7,095 shares. Hm Payson And Company invested in 0.01% or 2,031 shares. Renaissance Grp Lc, Kentucky-based fund reported 219,978 shares. Pggm Invests accumulated 44,340 shares. Highland Cap Management Ltd Liability Com owns 0.21% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 18,067 shares. Retirement Of Alabama reported 0.06% stake. Great Lakes Ltd invested 1.26% in Ameriprise Financial, Inc. (NYSE:AMP). Putnam Investments Llc holds 297,176 shares. Virtus Inv Advisers reported 8,043 shares. Webster State Bank N A reported 425 shares. Appleton Ptnrs Incorporated Ma invested 0.16% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Glg Limited Com owns 26,831 shares. Everence Mngmt owns 1,806 shares. Sg Americas Secs Ltd Llc invested in 0.01% or 4,267 shares. Federated Invsts Pa reported 293,763 shares stake.

Among 13 analysts covering Ameriprise Financial (NYSE:AMP), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Ameriprise Financial had 39 analyst reports since September 7, 2015 according to SRatingsIntel. As per Thursday, January 26, the company rating was initiated by Citigroup. The stock of Ameriprise Financial, Inc. (NYSE:AMP) has “Overweight” rating given on Wednesday, July 26 by Morgan Stanley. The firm earned “Hold” rating on Monday, December 19 by Suntrust Robinson. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, July 27. SunTrust downgraded the shares of AMP in report on Monday, December 19 to “Hold” rating. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Buy” rating by Keefe Bruyette & Woods on Friday, June 23. The rating was initiated by SunTrust with “Buy” on Wednesday, March 23. The stock has “Hold” rating by RBC Capital Markets on Wednesday, October 25. The firm earned “Outperform” rating on Monday, January 9 by Credit Suisse. The firm earned “Hold” rating on Friday, October 14 by Deutsche Bank.

Since July 31, 2017, it had 0 insider buys, and 15 insider sales for $35.61 million activity. On Monday, July 31 the insider CRACCHIOLO JAMES M sold $14.11 million. 19,768 Ameriprise Financial, Inc. (NYSE:AMP) shares with value of $2.86 million were sold by TRUSCOTT WILLIAM F. Sweeney Joseph Edward sold $1.24M worth of stock or 7,329 shares. Shares for $1.45 million were sold by Woerner John Robert. Shares for $160,772 were sold by McGraw Deirdre Davey. On Thursday, October 26 the insider MOORE COLIN sold $690,271.

Rafferty Asset Management Llc, which manages about $7.35 billion and $4.46 billion US Long portfolio, decreased its stake in Symantec Corp (NASDAQ:SYMC) by 18,827 shares to 47,037 shares, valued at $1.54 million in 2017Q3, according to the filing. It also reduced its holding in Suncoke Energy Partners LP (NYSE:SXCP) by 44,926 shares in the quarter, leaving it with 151,948 shares, and cut its stake in Select Sector Spdr Tr (XLE).

Analysts await SpartanNash Company (NASDAQ:SPTN) to report earnings on February, 28. They expect $0.42 EPS, down 20.75% or $0.11 from last year’s $0.53 per share. SPTN’s profit will be $15.53 million for 15.05 P/E if the $0.42 EPS becomes a reality. After $0.54 actual EPS reported by SpartanNash Company for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.

Among 6 analysts covering SpartanNash (NASDAQ:SPTN), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. SpartanNash had 24 analyst reports since August 22, 2015 according to SRatingsIntel. Zacks downgraded SpartanNash Company (NASDAQ:SPTN) on Saturday, August 22 to “Hold” rating. The rating was maintained by Jefferies on Monday, September 11 with “Hold”. Pivotal Research maintained the shares of SPTN in report on Tuesday, August 15 with “Sell” rating. Pivotal Research maintained it with “Hold” rating and $40 target in Tuesday, January 17 report. The rating was initiated by Pivotal Research with “Buy” on Wednesday, January 27. The firm earned “Hold” rating on Friday, November 10 by Jefferies. The stock has “Equal Weight” rating by Barclays Capital on Friday, September 23. The rating was downgraded by Northcoast on Friday, January 5 to “Hold”. The rating was maintained by Jefferies with “Hold” on Sunday, October 15. Jefferies maintained it with “Hold” rating and $33 target in Wednesday, July 27 report.

Investors sentiment decreased to 0.78 in 2017 Q3. Its down 0.31, from 1.09 in 2017Q2. It is negative, as 20 investors sold SPTN shares while 54 reduced holdings. 13 funds opened positions while 45 raised stakes. 31.01 million shares or 3.18% less from 32.03 million shares in 2017Q2 were reported. Peak6 Limited Partnership invested 0% of its portfolio in SpartanNash Company (NASDAQ:SPTN). Royal National Bank Of Canada accumulated 34,520 shares or 0% of the stock. Tiaa Cref Mngmt Ltd Com owns 0.01% invested in SpartanNash Company (NASDAQ:SPTN) for 292,477 shares. Ubs Asset Mgmt Americas Inc reported 0% stake. Millennium Mngmt Limited Com accumulated 81,423 shares or 0% of the stock. Pacad Investment invested in 1,373 shares or 0.01% of the stock. Invesco Ltd holds 0% or 253,812 shares in its portfolio. Swiss National Bank holds 0% or 61,580 shares. 4,482 were reported by Us Bancshares De. Louisiana State Employees Retirement reported 15,060 shares. Moreover, Wells Fargo And Mn has 0% invested in SpartanNash Company (NASDAQ:SPTN). Strs Ohio holds 33,800 shares or 0% of its portfolio. Deutsche Savings Bank Ag stated it has 49,572 shares or 0% of all its holdings. Massachusetts-based Alpha Windward Ltd Com has invested 0.31% in SpartanNash Company (NASDAQ:SPTN). Geode Mngmt Limited Company owns 572,096 shares.

Hbk Investments L P, which manages about $18.41B and $12.69 billion US Long portfolio, upped its stake in China Lodging Group Ltd (NASDAQ:HTHT) by 28,118 shares to 78,818 shares, valued at $9.37 million in 2017Q3, according to the filing. It also increased its holding in Greif Inc (NYSE:GEF) by 18,000 shares in the quarter, for a total of 35,700 shares, and has risen its stake in Commscope Hldg Co Inc (NASDAQ:COMM).

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