American Financial Group Has Boosted Its Sinclair Broadcast Group (SBGI) Stake by $7.96 Million; Intricon (IIN) Holder Eam Investors Raised Its Stake

May 24, 2018 - By olga

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

American Financial Group Inc increased its stake in Sinclair Broadcast Group Inc (SBGI) by 182.83% based on its latest 2017Q4 regulatory filing with the SEC. American Financial Group Inc bought 215,100 shares as the company’s stock declined 16.75% with the market. The institutional investor held 332,749 shares of the consumer services company at the end of 2017Q4, valued at $12.59M, up from 117,649 at the end of the previous reported quarter. American Financial Group Inc who had been investing in Sinclair Broadcast Group Inc for a number of months, seems to be bullish on the $2.95B market cap company. The stock decreased 0.52% or $0.15 during the last trading session, reaching $28.85. About 464,165 shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has declined 20.99% since May 24, 2017 and is downtrending. It has underperformed by 32.54% the S&P500.

Eam Investors Llc increased its stake in Intricon Corporation (IIN) by 185.63% based on its latest 2017Q4 regulatory filing with the SEC. Eam Investors Llc bought 90,253 shares as the company’s stock declined 0.25% with the market. The institutional investor held 138,873 shares of the electrical products company at the end of 2017Q4, valued at $2.75 million, up from 48,620 at the end of the previous reported quarter. Eam Investors Llc who had been investing in Intricon Corporation for a number of months, seems to be bullish on the $211.37M market cap company. The stock increased 0.17% or $0.05 during the last trading session, reaching $30.35. About 7,089 shares traded. IntriCon Corporation (NASDAQ:IIN) has risen 136.90% since May 24, 2017 and is uptrending. It has outperformed by 125.35% the S&P500.

American Financial Group Inc, which manages about $939.46M US Long portfolio, decreased its stake in Nmi Hldgs Inc (NASDAQ:NMIH) by 1.16 million shares to 228,933 shares, valued at $3.89 million in 2017Q4, according to the filing. It also reduced its holding in General Cable Corp Del New (NYSE:BGC) by 1.84 million shares in the quarter, leaving it with 81,750 shares, and cut its stake in Century Cmntys Inc (NYSE:CCS).

More 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 published the news titled: “WGN-Channel 9 taps Mike Janssen for weekend weather duties” on May 23, 2018. Streetinsider.com‘s news article titled: “Sinclair Broadcast Group (SBGI) Says it was Removed From Sony Vue Platforms” with publication date: May 02, 2018 was also an interesting one.

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. As per Tuesday, January 16, the company rating was maintained by Stephens. Wedbush maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Thursday, February 23 with “Outperform” rating. The firm has “Buy” rating by B. Riley & Co given on Thursday, March 1. Benchmark maintained the stock with “Buy” rating in Thursday, November 5 report. RBC Capital Markets maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Tuesday, September 26 with “Buy” rating. Stephens initiated the stock with “Equal-Weight” rating in Wednesday, November 18 report. The firm has “Buy” rating given on Friday, June 2 by Stephens. The firm has “Buy” rating given on Friday, October 20 by Deutsche Bank. Benchmark maintained the stock with “Buy” rating in Tuesday, August 1 report. RBC Capital Markets maintained it with “Buy” rating and $4300 target in Thursday, August 3 report.

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.26, from 1.23 in 2017Q3. It worsened, 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. Wexford Capital Limited Partnership reported 0.31% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Brigade Management Limited Partnership owns 1.24% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 600,000 shares. Ngam Advsr Ltd Partnership stated it has 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). American Finance Grp Incorporated Incorporated invested in 1.34% or 332,749 shares. Glenmede Tru Na reported 1.31M shares. Susquehanna Intll Group Ltd Liability Partnership holds 0% or 65,100 shares. 15,712 are held by Jane Street Limited Liability Company. Gamco Et Al invested in 242,320 shares or 0.06% of the stock. Lpl holds 77,938 shares or 0.01% of its portfolio. Gabelli Funds Ltd Liability Corporation invested in 0.08% or 373,600 shares. Millennium Management Ltd Co invested in 15,852 shares or 0% of the stock. Public Employees Retirement Of Ohio accumulated 97,392 shares. Chicago Equity Prtnrs Ltd Co holds 0.05% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 46,610 shares. Weiss Multi holds 0.02% or 20,000 shares in its portfolio. Moreover, Qs Lc has 0.05% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI).

Eam Investors Llc, which manages about $932.15M and $760.33 million US Long portfolio, decreased its stake in Merit Medical Systems Inc. (NASDAQ:MMSI) by 55,563 shares to 55,210 shares, valued at $2.39M in 2017Q4, according to the filing. It also reduced its holding in Triton International Limited by 16,396 shares in the quarter, leaving it with 61,975 shares, and cut its stake in Lendingtree Inc. (NASDAQ:TREE).

Among 5 analysts covering IntriCon (NASDAQ:IIN), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. IntriCon had 6 analyst reports since September 22, 2015 according to SRatingsIntel. The rating was downgraded by Longbow on Friday, August 25 to “Neutral”. The stock has “Buy” rating by Dougherty & Company on Friday, February 17. The firm has “Sell” rating by Zacks given on Tuesday, September 22. On Wednesday, April 11 the stock rating was initiated by FBR Capital with “Buy”. The company was maintained on Wednesday, May 9 by FBR Capital.

Investors sentiment increased to 1.6 in Q4 2017. Its up 0.51, from 1.09 in 2017Q3. It is positive, as 2 investors sold IIN shares while 8 reduced holdings. 8 funds opened positions while 8 raised stakes. 2.29 million shares or 0.46% less from 2.30 million shares in 2017Q3 were reported. National Bank & Trust Of America De accumulated 1,000 shares. Morgan Stanley reported 22,307 shares. Massachusetts-based Essex Co Limited Company has invested 0.06% in IntriCon Corporation (NASDAQ:IIN). 1492 Cap Ltd Llc invested in 0.59% or 37,905 shares. Bridgeway Capital owns 21,500 shares for 0% of their portfolio. Thompson Davis And accumulated 750 shares or 0.04% of the stock. Wells Fargo Co Mn holds 0% or 1 shares. White Pine Limited Company holds 13,400 shares. Dimensional Fund Advisors LP stated it has 0% in IntriCon Corporation (NASDAQ:IIN). Fny Managed Accounts Llc reported 168 shares. Royal Natl Bank Of Canada invested in 12,301 shares. Northern holds 24,586 shares. Vanguard Gp Inc has invested 0% in IntriCon Corporation (NASDAQ:IIN). Eam Limited Liability reported 138,873 shares. 11,194 were accumulated by Us Bank De.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Institutional Positions Chart

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