American Financial Group 401 Retirement & Savings Plan Maintains Stake in American Finl Group Ohio (AFG); Sinclair Broadcast Group (SBGI) Share Value Declined While Robertson Opportunity Capital Has Upped Position

May 16, 2018 - By Darrin Black

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Logo

Robertson Opportunity Capital Llc increased its stake in Sinclair Broadcast Group Inc (SBGI) by 55.56% based on its latest 2017Q4 regulatory filing with the SEC. Robertson Opportunity Capital Llc bought 45,000 shares as the company’s stock declined 16.75% with the market. The hedge fund held 126,000 shares of the consumer services company at the end of 2017Q4, valued at $4.77M, up from 81,000 at the end of the previous reported quarter. Robertson Opportunity Capital Llc who had been investing in Sinclair Broadcast Group Inc for a number of months, seems to be bullish on the $3.12 billion market cap company. The stock increased 0.99% or $0.3 during the last trading session, reaching $30.55. About 1.28M shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has declined 20.99% since May 16, 2017 and is downtrending. It has underperformed by 32.54% the S&P500.

American Financial Group Inc 401 Retirement & Savings Plan increased its stake in American Finl Group Inc Ohio (AFG) by 0.8% based on its latest 2017Q4 regulatory filing with the SEC. American Financial Group Inc 401 Retirement & Savings Plan bought 22,654 shares as the company’s stock rose 1.85% while stock markets declined. The institutional investor held 2.85M shares of the finance company at the end of 2017Q4, valued at $309.38 million, up from 2.83 million at the end of the previous reported quarter. American Financial Group Inc 401 Retirement & Savings Plan who had been investing in American Finl Group Inc Ohio for a number of months, seems to be bullish on the $9.78 billion market cap company. The stock decreased 0.47% or $0.52 during the last trading session, reaching $109.99. About 344,025 shares traded or 8.39% up from the average. American Financial Group, Inc. (NYSE:AFG) has risen 22.13% since May 16, 2017 and is uptrending. It has outperformed by 10.58% the S&P500.

More notable recent Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) news were published by: Benzinga.com which released: “Sinclair Broadcast Group’s Breaking News: 40% Upside” on April 30, 2018, also Bizjournals.com with their article: “Sinclair proposes selling 23 stations in latest bid to gain approval for Tribune deal” published on April 24, 2018, Streetinsider.com published: “Sinclair Broadcast Group (SBGI) Says it was Removed From Sony Vue Platforms” on May 02, 2018. More interesting news about Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) were released by: Streetinsider.com and their article: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)” published on May 15, 2018 as well as Bizjournals.com‘s news article titled: “Sinclair CEO remains confident Tribune acquisition will be completed” with publication date: May 11, 2018.

Among 8 analysts covering Sinclair Broadcast Group Inc (NASDAQ:SBGI), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sinclair Broadcast Group Inc had 24 analyst reports since July 30, 2015 according to SRatingsIntel. The company was initiated on Wednesday, November 18 by Stephens. As per Thursday, November 3, the company rating was upgraded by Stephens. Wedbush maintained the shares of SBGI in report on Friday, January 29 with “Outperform” rating. RBC Capital Markets maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Tuesday, November 10 with “Outperform” rating. On Tuesday, August 1 the stock rating was maintained by Benchmark with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, September 26 report. Deutsche Bank initiated Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Friday, October 20 with “Buy” rating. B. Riley & Co maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) rating on Thursday, March 1. B. Riley & Co has “Buy” rating and $49 target. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, February 23. The stock of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) earned “Buy” rating by RBC Capital Markets on Wednesday, November 1.

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.26, from 1.23 in 2017Q3. It dived, as 31 investors sold SBGI shares while 73 reduced holdings. 41 funds opened positions while 60 raised stakes. 84.77 million shares or 1.85% more from 83.23 million shares in 2017Q3 were reported. Assetmark stated it has 222 shares or 0% of all its holdings. Parallax Volatility Advisers Ltd Partnership holds 0% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 10,836 shares. Rr Prtn Limited Partnership holds 0.73% or 291,800 shares in its portfolio. 14,867 are held by Pub Employees Retirement Association Of Colorado. Fifth Third Bank reported 6,225 shares stake. Vanguard Group Incorporated holds 6.58 million shares. Weber Alan W stated it has 110,000 shares or 1.82% of all its holdings. Jericho Cap Asset Mngmt Lp stated it has 488,000 shares or 0.96% of all its holdings. Point72 Asset Mngmt LP holds 718,328 shares or 0.12% of its portfolio. Omega Advsr Incorporated stated it has 2.35% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Brigade Mgmt Lp accumulated 600,000 shares. Virtu Financial Ltd Liability Corporation stated it has 5,794 shares. 87,637 were reported by Parametric Port Associate Lc. Natixis reported 40,261 shares stake. Ngam Advsrs LP owns 0.01% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 22,258 shares.

Robertson Opportunity Capital Llc, which manages about $198.57M and $170.46M US Long portfolio, decreased its stake in Mgic Invt Corp Wis (NYSE:MTG) by 60,000 shares to 378,000 shares, valued at $5.33 million in 2017Q4, according to the filing. It also reduced its holding in Kinder Morgan Inc Del (NYSE:KMI) by 85,000 shares in the quarter, leaving it with 176,000 shares, and cut its stake in Tempur Sealy Intl Inc (NYSE:TPX).

More notable recent American Financial Group, Inc. (NYSE:AFG) news were published by: Businesswire.com which released: “American Financial Group, Inc. Announces First Quarter Results” on May 02, 2018, also Globenewswire.com with their article: “Detailed Research: Economic Perspectives on NeoGenomics, Illinois Tool Works, Carriage Services, Gorman-Rupp …” published on May 01, 2018, Gurufocus.com published: “American Financial Group Inc (AFG) Co-CEO & Co-President Carl H Lindner Iii Sold $5.6 million of Shares” on May 15, 2018. More interesting news about American Financial Group, Inc. (NYSE:AFG) were released by: Bizjournals.com and their article: “MLS officials to meet with FC Cincinnati owners, visit stadium site” published on May 02, 2018 as well as Seekingalpha.com‘s news article titled: “American Financial Group’s (AFG) CEO Carl Lindner on Q1 2018 Results – Earnings Call Transcript” with publication date: May 03, 2018.

Among 4 analysts covering American Financial Group (NYSE:AFG), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. American Financial Group had 7 analyst reports since January 19, 2016 according to SRatingsIntel. Sandler O’Neill maintained American Financial Group, Inc. (NYSE:AFG) on Wednesday, January 10 with “Buy” rating. As per Thursday, February 1, the company rating was maintained by Sandler O’Neill. The firm has “Buy” rating given on Friday, August 12 by Sandler O’Neill. The firm has “Neutral” rating given on Friday, December 2 by Macquarie Research. The company was maintained on Thursday, February 1 by Bank of America. Buckingham Research initiated the shares of AFG in report on Monday, September 11 with “Hold” rating.

Investors sentiment increased to 1.11 in 2017 Q4. Its up 0.34, from 0.77 in 2017Q3. It is positive, as 31 investors sold AFG shares while 105 reduced holdings. 45 funds opened positions while 106 raised stakes. 52.14 million shares or 1.62% more from 51.31 million shares in 2017Q3 were reported. Martingale Asset Mgmt Lp has 300,719 shares. Prudential has 0.12% invested in American Financial Group, Inc. (NYSE:AFG). Stratos Wealth Prns Ltd reported 262 shares or 0% of all its holdings. Mutual Of America Capital Mngmt Ltd Liability holds 0.12% of its portfolio in American Financial Group, Inc. (NYSE:AFG) for 72,622 shares. Northwestern Mutual Wealth Company holds 793 shares or 0% of its portfolio. Sit Invest Associates holds 0.17% of its portfolio in American Financial Group, Inc. (NYSE:AFG) for 65,235 shares. Fifth Third Savings Bank holds 286 shares or 0% of its portfolio. Dimensional Fund Advisors L P, Texas-based fund reported 1.62M shares. Sumitomo Mitsui Asset Management Communication reported 0.01% in American Financial Group, Inc. (NYSE:AFG). Serv Automobile Association stated it has 40,812 shares or 0.01% of all its holdings. Federated Invsts Pa has 27,767 shares for 0.01% of their portfolio. Nomura Incorporated accumulated 2,563 shares. Trexquant Lp, a Connecticut-based fund reported 5,854 shares. Capital Fund Sa has invested 0.01% in American Financial Group, Inc. (NYSE:AFG). First State Bank Of Omaha owns 1,975 shares.

American Financial Group, Inc. (NYSE:AFG) Institutional Positions Chart

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