As Block H & R (HRB) Stock Value Declined, Nine Masts Capital LTD Has Increased Position by $1.13 Million; Bunge Limited (BG) Market Valuation Rose While Heartland Advisors Has Cut Stake

May 18, 2018 - By Nellie Frank

Bunge Limited (NYSE:BG) Logo

Heartland Advisors Inc decreased its stake in Bunge Limited (BG) by 8.11% based on its latest 2017Q4 regulatory filing with the SEC. Heartland Advisors Inc sold 5,385 shares as the company’s stock rose 8.80% while stock markets declined. The institutional investor held 60,997 shares of the packaged foods company at the end of 2017Q4, valued at $4.09M, down from 66,382 at the end of the previous reported quarter. Heartland Advisors Inc who had been investing in Bunge Limited for a number of months, seems to be less bullish one the $9.96 billion market cap company. The stock increased 0.14% or $0.1 during the last trading session, reaching $70.69. About 1.02 million shares traded. Bunge Limited (NYSE:BG) has declined 9.19% since May 18, 2017 and is downtrending. It has underperformed by 20.74% the S&P500.

Chao Ku increased its stake in Block H & R Inc (HRB) by 8687.4% based on its latest 2017Q4 regulatory filing with the SEC. Nine Masts Capital Ltd bought 43,437 shares as the company’s stock declined 4.46% with the market. The hedge fund run by Chao Ku held 43,937 shares of the consumer services company at the end of 2017Q4, valued at $1.15M, up from 500 at the end of the previous reported quarter. Nine Masts Capital Ltd who had been investing in Block H & R Inc for a number of months, seems to be bullish on the $5.80 billion market cap company. The stock decreased 0.72% or $0.2 during the last trading session, reaching $27.74. About 1.71M shares traded. H&R Block, Inc. (NYSE:HRB) has risen 10.84% since May 18, 2017 and is uptrending. It has underperformed by 0.71% the S&P500.

More notable recent Bunge Limited (NYSE:BG) news were published by: Streetinsider.com which released: “Big Ag turns to peas to meet soaring global protein demand” on May 18, 2018, also Seekingalpha.com with their article: “Bunge (BG) Q1 2018 Results – Earnings Call Transcript” published on May 02, 2018, Streetinsider.com published: “Bunge Limited (BG) Makes Initial Filing in Brazil for IPO of its Sugar Milling Business” on May 15, 2018. More interesting news about Bunge Limited (NYSE:BG) were released by: Seekingalpha.com and their article: “Stocks To Watch: A Fed Head Talks Crypto” published on May 13, 2018 as well as Bizjournals.com‘s news article titled: “Bunge preparing IPO for its Brazilian sugar business” with publication date: May 16, 2018.

Among 11 analysts covering Bunge Limited (NYSE:BG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Bunge Limited had 36 analyst reports since July 31, 2015 according to SRatingsIntel. TheStreet downgraded the stock to “Hold” rating in Monday, August 3 report. The stock of Bunge Limited (NYSE:BG) has “Buy” rating given on Wednesday, March 7 by J.P. Morgan. Citigroup maintained the stock with “Buy” rating in Wednesday, July 12 report. Bank of America upgraded the shares of BG in report on Tuesday, August 2 to “Buy” rating. The rating was upgraded by JP Morgan on Friday, May 5 to “Neutral”. The company was maintained on Thursday, July 13 by BMO Capital Markets. The stock of Bunge Limited (NYSE:BG) has “Outperform” rating given on Tuesday, September 29 by Credit Suisse. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, August 23. The company was initiated on Monday, September 11 by Robert W. Baird. BMO Capital Markets maintained the shares of BG in report on Monday, June 12 with “Buy” rating.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.17, from 1.06 in 2017Q3. It worsened, as 48 investors sold BG shares while 125 reduced holdings. 59 funds opened positions while 95 raised stakes. 107.71 million shares or 1.45% less from 109.29 million shares in 2017Q3 were reported. Gam Ag has invested 0.35% of its portfolio in Bunge Limited (NYSE:BG). Wolverine Asset Management Ltd Liability Corporation reported 23,870 shares or 0.02% of all its holdings. Stratos Wealth Ltd has 100 shares. Bb&T Lc holds 0% or 5,000 shares. Glg has 7,787 shares. Dnb Asset Mngmt As holds 434,253 shares. Gould Asset Mgmt Ltd Ca reported 0.14% stake. Cedar Hill Limited Liability reported 84,417 shares. J Goldman And Lp accumulated 3,000 shares. Bruce & Incorporated reported 0.22% stake. Dimensional Fund Advsrs Limited Partnership reported 2.06M shares. 74 are held by Earnest Prtn Limited Liability. Commonwealth Bancshares Of Aus stated it has 94,489 shares. Foster & Motley reported 0.34% in Bunge Limited (NYSE:BG). Fruth Investment Mngmt stated it has 29,841 shares.

Analysts await Bunge Limited (NYSE:BG) to report earnings on August, 1. They expect $1.65 earnings per share, up 870.59% or $1.48 from last year’s $0.17 per share. BG’s profit will be $232.50M for 10.71 P/E if the $1.65 EPS becomes a reality. After $-0.06 actual earnings per share reported by Bunge Limited for the previous quarter, Wall Street now forecasts -2,850.00% EPS growth.

Heartland Advisors Inc, which manages about $6.06B and $1.55 billion US Long portfolio, upped its stake in Lamar Advertising Company New (NASDAQ:LAMR) by 156,573 shares to 191,323 shares, valued at $14.20 million in 2017Q4, according to the filing. It also increased its holding in Dril (NYSE:DRQ) by 116,385 shares in the quarter, for a total of 216,385 shares, and has risen its stake in Infrareit Inc.

Nine Masts Capital Ltd, which manages about $750.28M US Long portfolio, decreased its stake in Alphabet Inc by 17,441 shares to 148,567 shares, valued at $156.50 million in 2017Q4, according to the filing. It also reduced its holding in Ctrip Com Intl Ltd by 12.00 million shares in the quarter, leaving it with 20.00M shares, and cut its stake in Ctrip Com Intl Ltd.

Among 12 analysts covering H & R Block (NYSE:HRB), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. H & R Block had 34 analyst reports since August 25, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Hold” rating in Friday, October 13 report. BMO Capital Markets maintained H&R Block, Inc. (NYSE:HRB) rating on Wednesday, April 18. BMO Capital Markets has “Hold” rating and $2900 target. BTIG Research maintained H&R Block, Inc. (NYSE:HRB) rating on Tuesday, August 25. BTIG Research has “Buy” rating and $36 target. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, August 29. The stock of H&R Block, Inc. (NYSE:HRB) earned “Hold” rating by Oppenheimer on Wednesday, June 14. As per Friday, August 26, the company rating was initiated by Macquarie Research. Oppenheimer downgraded H&R Block, Inc. (NYSE:HRB) on Wednesday, April 27 to “Perform” rating. As per Monday, November 28, the company rating was downgraded by BTIG Research. The stock of H&R Block, Inc. (NYSE:HRB) has “Hold” rating given on Friday, July 28 by BMO Capital Markets. The firm has “Sell” rating by BTIG Research given on Monday, August 28.

Another recent and important H&R Block, Inc. (NYSE:HRB) news was published by Globenewswire.com which published an article titled: “Recent Analysis Shows H&R Block, Opko Health, Geron, Cardinal Health, Corning, and Intrexon Market Influences …” on May 16, 2018.

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.23, from 0.99 in 2017Q3. It improved, as 41 investors sold HRB shares while 110 reduced holdings. 60 funds opened positions while 124 raised stakes. 201.15 million shares or 4.09% more from 193.25 million shares in 2017Q3 were reported. Raymond James And Associates owns 0% invested in H&R Block, Inc. (NYSE:HRB) for 19,898 shares. M&T Bancorporation owns 36,238 shares. Victory holds 4,094 shares. Aperio Gp Lc owns 0.01% invested in H&R Block, Inc. (NYSE:HRB) for 91,382 shares. California Public Employees Retirement Systems owns 731,949 shares. Jane Street Group Inc Ltd has 23,039 shares for 0% of their portfolio. Veritable Limited Partnership holds 11,403 shares or 0.01% of its portfolio. Glg Ltd Liability holds 0.02% of its portfolio in H&R Block, Inc. (NYSE:HRB) for 12,327 shares. Caisse De Depot Et Placement Du Quebec reported 0.73% stake. Bankshares Of America De has invested 0.01% in H&R Block, Inc. (NYSE:HRB). Johnson Finance Gp Incorporated holds 0% or 840 shares in its portfolio. Parametric Portfolio Assoc Limited Liability Company has invested 0.02% of its portfolio in H&R Block, Inc. (NYSE:HRB). Hanseatic Inc holds 0.05% or 1,803 shares in its portfolio. Price T Rowe Md holds 0% in H&R Block, Inc. (NYSE:HRB) or 390,572 shares. Thompson Siegel & Walmsley Ltd holds 3.40M shares.

H&R Block, Inc. (NYSE:HRB) Institutional Positions Chart

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