Chatham Capital Group Lowered Cisco Sys (CSCO) Holding by $306,622 as Market Value Rose; Omega Advisors Decreased Position in New Media Investment Group (NEWM) as Shares Rose

April 22, 2018 - By Winifred Garcia

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

Leon Cooperman decreased its stake in New Media Investment Group Inc (NEWM) by 4.39% based on its latest 2017Q4 regulatory filing with the SEC. Omega Advisors Inc sold 120,470 shares as the company’s stock rose 2.12% while stock markets declined. The hedge fund run by Leon Cooperman held 2.62M shares of the newspapers and magazines company at the end of 2017Q4, valued at $43.99 million, down from 2.74M at the end of the previous reported quarter. Omega Advisors Inc who had been investing in New Media Investment Group Inc for a number of months, seems to be less bullish one the $1.02B market cap company. The stock decreased 1.83% or $0.32 during the last trading session, reaching $17.12. About 230,792 shares traded. New Media Investment Group Inc. (NYSE:NEWM) has risen 22.07% since April 22, 2017 and is uptrending. It has outperformed by 10.52% the S&P500.

Chatham Capital Group Inc decreased its stake in Cisco Sys Inc (CSCO) by 3.49% based on its latest 2017Q4 regulatory filing with the SEC. Chatham Capital Group Inc sold 8,069 shares as the company’s stock rose 10.71% while stock markets declined. The institutional investor held 222,896 shares of the technology company at the end of 2017Q4, valued at $8.54M, down from 230,965 at the end of the previous reported quarter. Chatham Capital Group Inc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $212.40 billion market cap company. The stock decreased 1.05% or $0.47 during the last trading session, reaching $44.09. About 18.21 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 25.57% since April 22, 2017 and is uptrending. It has outperformed by 14.02% the S&P500.

Investors sentiment decreased to 1.16 in Q4 2017. Its down 0.42, from 1.58 in 2017Q3. It fall, as 15 investors sold NEWM shares while 49 reduced holdings. 27 funds opened positions while 47 raised stakes. 40.61 million shares or 0.04% less from 40.63 million shares in 2017Q3 were reported. Gsa Prns Llp accumulated 23,376 shares. Minnesota-based Ameriprise Fin Incorporated has invested 0% in New Media Investment Group Inc. (NYSE:NEWM). Leucadia National reported 19,958 shares stake. Winfield reported 0.39% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM). 120,367 are held by Rhumbline Advisers. Renaissance Tech Limited Liability Corp holds 0% in New Media Investment Group Inc. (NYSE:NEWM) or 199,700 shares. Thompson Siegel Walmsley Lc holds 0.1% or 491,869 shares in its portfolio. Blackrock has invested 0.01% in New Media Investment Group Inc. (NYSE:NEWM). New York-based Berson & Corrado Advisors Lc has invested 2.46% in New Media Investment Group Inc. (NYSE:NEWM). State Of Alaska Department Of Revenue holds 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM) for 10,611 shares. State Common Retirement Fund has invested 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM). Symons Capital Mngmt has 33,037 shares. The New York-based Qs Investors Limited Liability has invested 0% in New Media Investment Group Inc. (NYSE:NEWM). Moreover, Mraz Amerine has 0.12% invested in New Media Investment Group Inc. (NYSE:NEWM). Shikiar Asset has 1.47% invested in New Media Investment Group Inc. (NYSE:NEWM) for 187,715 shares.

Omega Advisors Inc, which manages about $12.65B and $2.67 billion US Long portfolio, upped its stake in Dell Technologies Inc by 131,914 shares to 636,914 shares, valued at $51.77M in 2017Q4, according to the filing. It also increased its holding in Parsley Energy Inc (NYSE:PE) by 1.48 million shares in the quarter, for a total of 1.77 million shares, and has risen its stake in Amc Networks Inc (NASDAQ:AMCX).

Since April 10, 2018, it had 1 insider purchase, and 0 insider sales for $411,250 activity.

Among 3 analysts covering New Media Investment Group Inc. (NYSE:NEWM), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. New Media Investment Group Inc. had 7 analyst reports since March 24, 2016 according to SRatingsIntel. As per Thursday, March 24, the company rating was maintained by Citigroup. The firm earned “Market Perform” rating on Thursday, September 29 by Barrington Research. The stock of New Media Investment Group Inc. (NYSE:NEWM) has “Sell” rating given on Wednesday, August 24 by Citigroup. The firm earned “Outperform” rating on Monday, August 15 by Barrington Research. As per Tuesday, April 5, the company rating was downgraded by Citigroup. As per Friday, July 29, the company rating was downgraded by Compass Point. The company was maintained on Friday, April 29 by Compass Point.

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Cisco Systems Inc. had 156 analyst reports since August 4, 2015 according to SRatingsIntel. Oppenheimer maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, June 28 with “Buy” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, August 15. The firm earned “Positive” rating on Thursday, February 2 by OTR Global. The stock has “Buy” rating by Bernstein on Wednesday, June 21. On Thursday, August 18 the stock rating was maintained by Credit Suisse with “Underperform”. JP Morgan maintained the stock with “Neutral” rating in Thursday, May 19 report. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, February 11 by Jefferies. Bernstein maintained the shares of CSCO in report on Monday, November 27 with “Buy” rating. The firm has “Hold” rating given on Thursday, August 13 by Jefferies. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Hold” rating by BMO Capital Markets on Wednesday, November 15.

Chatham Capital Group Inc, which manages about $394.80 million and $363.45M US Long portfolio, upped its stake in Jpmorgan Chase & Co (AMJ) by 29,342 shares to 266,052 shares, valued at $7.31 million in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (FLOT) by 32,625 shares in the quarter, for a total of 189,075 shares, and has risen its stake in Cognex Corp (NASDAQ:CGNX).

Since December 14, 2017, it had 0 insider purchases, and 5 insider sales for $10.28 million activity. 14,189 Cisco Systems, Inc. (NASDAQ:CSCO) shares with value of $625,751 were sold by SARIN ARUN. On Thursday, December 14 the insider BARTZ CAROL sold $7.59M. $550,153 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by BURNS M MICHELE. MCGEARY RODERICK C sold $578,740 worth of stock.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. They expect $0.59 earnings per share, up 9.26% or $0.05 from last year’s $0.54 per share. CSCO’s profit will be $2.84 billion for 18.68 P/E if the $0.59 EPS becomes a reality. After $0.58 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.72% EPS growth.

New Media Investment Group Inc. (NYSE:NEWM) Institutional Positions Chart

Receive News & Ratings Via Email - 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 Market News

>