Hg Vora Capital Management Has Increased Sinclair Broadcast Group (SBGI) Position by $72.00 Million; Premier Asset Managment Increases Position in Intuitive Surgical (ISRG)

January 14, 2018 - By Dolores Ford

Parag Vora increased its stake in Sinclair Broadcast Group Inc (SBGI) by 47.37% based on its latest 2017Q3 regulatory filing with the SEC. Hg Vora Capital Management Llc bought 2.25 million shares as the company’s stock declined 9.32% while stock markets rallied. The hedge fund run by Parag Vora held 7.00 million shares of the consumer services company at the end of 2017Q3, valued at $224.35M, up from 4.75 million at the end of the previous reported quarter. Hg Vora Capital Management Llc who had been investing in Sinclair Broadcast Group Inc for a number of months, seems to be bullish on the $3.97 billion market cap company. The stock decreased 0.89% or $0.35 during the last trading session, reaching $39.05. About 1.13 million shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has risen 12.28% since January 14, 2017 and is uptrending. It has underperformed by 4.42% the S&P500.

Premier Asset Managment Llc increased its stake in Intuitive Surgical Inc (ISRG) by 5.13% based on its latest 2017Q3 regulatory filing with the SEC. Premier Asset Managment Llc bought 455 shares as the company’s stock rose 20.10% with the market. The institutional investor held 9,328 shares of the health care company at the end of 2017Q3, valued at $9.76M, up from 8,873 at the end of the previous reported quarter. Premier Asset Managment Llc who had been investing in Intuitive Surgical Inc for a number of months, seems to be bullish on the $46.95 billion market cap company. The stock decreased 0.55% or $2.33 during the last trading session, reaching $419.04. About 932,782 shares traded or 1.51% up from the average. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 39.52% since January 14, 2017 and is uptrending. It has outperformed by 22.82% the S&P500.

Premier Asset Managment Llc, which manages about $445.87M US Long portfolio, decreased its stake in Paypal Hldgs Inc by 8,645 shares to 284,981 shares, valued at $18.25M in 2017Q3, according to the filing. It also reduced its holding in Chevron Corp New (NYSE:CVX) by 2,765 shares in the quarter, leaving it with 3,125 shares, and cut its stake in Gilead Sciences Inc (NASDAQ:GILD).

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.03, from 1.07 in 2017Q2. It fall, as 35 investors sold ISRG shares while 190 reduced holdings. 63 funds opened positions while 170 raised stakes. 36.20 million shares or 0.41% more from 36.05 million shares in 2017Q2 were reported. Chicago Equity Lc invested in 0.01% or 340 shares. Geode Cap Mgmt Lc invested in 385,730 shares. Mogy Joel R Counsel accumulated 5,010 shares. Endurance Wealth Mngmt reported 0.04% stake. West Oak Capital Llc holds 36 shares or 0.02% of its portfolio. Commonwealth Commercial Bank Of Australia holds 0.01% in Intuitive Surgical, Inc. (NASDAQ:ISRG) or 920 shares. Citigroup Inc has invested 0.02% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Joel Isaacson And Ltd Liability invested in 0.06% or 300 shares. Brown Brothers Harriman holds 0% in Intuitive Surgical, Inc. (NASDAQ:ISRG) or 255 shares. 407 are owned by Tortoise Management Ltd Limited Liability Company. Tarbox Family Office holds 12 shares or 0.01% of its portfolio. Tiedemann Wealth Management Ltd Liability invested in 0.09% or 1,713 shares. Caisse De Depot Et Placement Du Quebec holds 0.01% or 3,007 shares in its portfolio. Bradley Foster Sargent Ct holds 0.06% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 1,621 shares. Moreover, Smith Salley Assocs has 0.13% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 633 shares.

Among 20 analysts covering Intuitive Surgical Inc (NASDAQ:ISRG), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. Intuitive Surgical Inc had 60 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) on Thursday, January 7 with “Sector Perform” rating. The rating was maintained by RBC Capital Markets with “Hold” on Monday, October 2. The rating was maintained by BTIG Research with “Hold” on Tuesday, June 13. Citigroup maintained it with “Buy” rating and $432 target in Monday, October 23 report. The stock has “Hold” rating by RBC Capital Markets on Tuesday, July 18. Wedbush maintained the shares of ISRG in report on Wednesday, July 20 with “Outperform” rating. On Friday, July 21 the stock rating was maintained by J.P. Morgan with “Buy”. Leerink Swann maintained it with “Outperform” rating and $640.0 target in Thursday, January 14 report. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 20. The company was maintained on Wednesday, July 20 by Canaccord Genuity.

Since August 22, 2017, it had 0 insider purchases, and 13 sales for $25.42 million activity. Johnson Amal M sold $996,010 worth of stock. On Tuesday, October 24 the insider RUBASH MARK J sold $2.51 million. The insider BARRATT CRAIG H sold $5.57M. Shares for $97,726 were sold by Myriam Curet on Tuesday, October 24. $2.23 million worth of stock was sold by MOHR MARSHALL on Monday, October 30. MELTZER MARK J had sold 500 shares worth $491,450.

Investors sentiment decreased to 1.23 in Q3 2017. Its down 0.35, from 1.58 in 2017Q2. It fall, as 39 investors sold SBGI shares while 58 reduced holdings. 41 funds opened positions while 78 raised stakes. 83.23 million shares or 3.94% more from 80.08 million shares in 2017Q2 were reported. 46,440 were accumulated by Apollo Mngmt L P. State Of New Jersey Common Pension Fund D holds 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 115,000 shares. Clearbridge Invs Limited Liability Company holds 0.04% or 1.20M shares in its portfolio. Creative Planning invested in 0.04% or 249,199 shares. Gamco Investors Inc Et Al accumulated 238,750 shares or 0.05% of the stock. American Intl Group holds 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 48,433 shares. 26,685 are held by Northern Capital Mgmt Limited Liability Co. Natixis holds 27,854 shares. Invesco Limited holds 0% or 80,549 shares. Strs Ohio holds 0.05% or 375,800 shares in its portfolio. Moreover, Peak6 Invests Lp has 0.03% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 164,017 shares. Maverick Capital accumulated 0.06% or 149,946 shares. Pacad Inv Ltd has 3,800 shares. 72,084 were accumulated by Emerald Advisers Pa. The Connecticut-based Cubist Systematic Strategies Lc has invested 0% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI).

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