Ci Global Investments Lowered Extended Stay Amer (STAY) Holding By $19.58 Million; Last Week Parker Drilling Company (PKD) Analysts

June 14, 2018 - By Ash

Extended Stay America, Inc. Paired Shares (NYSE:STAY) Logo

Among 6 analysts covering Parker Drilling (NYSE:PKD), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Parker Drilling had 8 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, September 9 by Tudor Pickering. The rating was initiated by Tudor Pickering with “Hold” on Friday, March 24. The rating was initiated by DA Davidson with “Buy” on Thursday, October 6. The stock has “Sell” rating by TheStreet on Friday, August 7. Sidoti upgraded the stock to “Buy” rating in Wednesday, September 23 report. The stock of Parker Drilling Company (NYSE:PKD) has “Buy” rating given on Wednesday, August 31 by Edward Jones. See Parker Drilling Company (NYSE:PKD) latest ratings:

Ci Global Investments Inc decreased Extended Stay Amer Inc (STAY) stake by 36.49% reported in 2018Q1 SEC filing. Ci Global Investments Inc sold 1.03 million shares as Extended Stay Amer Inc (STAY)’s stock rose 2.51%. The Ci Global Investments Inc holds 1.79 million shares with $35.46 million value, down from 2.82M last quarter. Extended Stay Amer Inc now has $4.10 billion valuation. The stock increased 1.75% or $0.37 during the last trading session, reaching $21.56. About 1.43M shares traded. Extended Stay America, Inc. Paired Shares (NYSE:STAY) has risen 12.10% since June 14, 2017 and is uptrending. It has underperformed by 0.47% the S&P500. Some Historical STAY News: ; 10/05/2018 – Reimagined Lobby at Residence Inn San Ramon Encourages Relaxation, Conversation for Extended-Stay Travelers; 26/04/2018 – EXTENDED STAY 1Q ADJ EPS 19C, EST. 17C; 16/05/2018 – Extended Stay Amer Appoints Christopher N. Dekle as General Counsel and Corporate Secretary; 26/04/2018 – Extended Stay America Raises Distribution to 22c Vs. 21c; 27/04/2018 – EXTENDED STAY AMERICA NAMES BRIAN T. NICHOLSON AS CFO; 07/03/2018 FocusPoint announces direct investment private placement on acquisition of twenty-five (25) Extended Stay America (“ESA”) hotel; 26/04/2018 – EXTENDED STAY 1Q REV. $297.8M, EST. $292.4M; 26/04/2018 – EXTENDED STAY BOOSTS DISTRIBUTION 4.8% TO $0.22/PAIRED SHARE; 27/04/2018 – Extended Stay America Appoints Brian T. Nicholson as Chief Fincl Officer; 26/04/2018 – Extended Stay America 1Q EPS 8c

The stock decreased 2.95% or $0.0109 during the last trading session, reaching $0.3581. About 1.99M shares traded or 72.30% up from the average. Parker Drilling Company (NYSE:PKD) has declined 65.76% since June 14, 2017 and is downtrending. It has underperformed by 78.33% the S&P500. Some Historical PKD News: ; 01/05/2018 – PARKER DRILLING REPORTS 2018 1Q RESULTS; 15/03/2018 – Parker Drilling Co Receives Continued Listing Standard Notice From NYSE; 15/03/2018 Parker Drilling Company Receives Continued Listing Standard Notice from NYSE; 01/05/2018 – PARKER DRILLING 1Q LOSS/SHR 21C; 01/05/2018 – PARKER DRILLING 1Q REV. $109.7M, EST. $110.7M; 01/05/2018 – Parker Drilling 1Q Rev $109.7M; 01/05/2018 – Parker Drilling 1Q Loss $29.7M; 22/04/2018 – DJ Parker Drilling Company, Inst Holders, 1Q 2018 (PKD)

Another recent and important Parker Drilling Company (NYSE:PKD) news was published by 247Wallst.com which published an article titled: “Harmony Gold, MiMedx Slink into Thursday’s 52-Week Low Club” on June 14, 2018.

Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.06, from 0.82 in 2017Q4. It worsened, as 8 investors sold Parker Drilling Company shares while 34 reduced holdings. 11 funds opened positions while 21 raised stakes. 90.99 million shares or 2.54% more from 88.74 million shares in 2017Q4 were reported. Legal General Group Public Limited Company has 0% invested in Parker Drilling Company (NYSE:PKD). Utd Serv Automobile Association invested in 0% or 19,733 shares. Panagora Asset Mgmt Inc accumulated 251,483 shares or 0% of the stock. Raymond James Fincl Services Advsr reported 26,448 shares stake. Acadian Asset Limited Liability accumulated 230,620 shares. Sg Americas Securities Llc has invested 0% in Parker Drilling Company (NYSE:PKD). Ny State Common Retirement Fund has invested 0% of its portfolio in Parker Drilling Company (NYSE:PKD). California Pub Employees Retirement holds 0% or 762,232 shares in its portfolio. Hightower Advisors Limited Co has 0% invested in Parker Drilling Company (NYSE:PKD) for 11,200 shares. State Street holds 2.27 million shares. 514,875 are owned by Tiaa Cref Inv Ltd Liability Corp. Goldman Sachs Grp Inc Inc Inc reported 87,315 shares stake. Susquehanna Group Incorporated Llp accumulated 0% or 10,000 shares. Lsv Asset Mgmt reported 2.61M shares. Connor Clark Lunn Investment Mngmt holds 0% of its portfolio in Parker Drilling Company (NYSE:PKD) for 251,567 shares.

Parker Drilling Company Inc., together with its subsidiaries, provides contract drilling and drilling-related services, and rental tools to the energy industry in the United States, Russia, Europe, the Middle East, Africa, Asia, Latin America, Canada, and Internationally. The company has market cap of $49.91 million. It operates through two business lines, Drilling Services and Rental Tools Services. It currently has negative earnings. The Drilling Services business provides project related services, such as engineering, procurement, project management, and commissioning of customer-owned drilling facility projects; drill wells and manages the logistical and technological challenges of operating in remote, harsh, and ecologically sensitive areas; and operates barge rigs for drilling oil and natural gas in the shallow waters in and along the inland waterways and coasts of Louisiana, Alabama, and Texas.

Since March 8, 2018, it had 0 insider buys, and 1 insider sale for $192,306 activity. On Thursday, March 8 HENRY KEVIN A sold $192,306 worth of Extended Stay America, Inc. Paired Shares (NYSE:STAY) or 10,000 shares.

More recent Extended Stay America, Inc. Paired Shares (NYSE:STAY) news were published by: Globenewswire.com which released: “Extended Stay America to Transfer Stock Exchange Listing to Nasdaq” on June 11, 2018. Also Benzinga.com published the news titled: “Morgan Stanley Says Extended Stay Is Undervalued By Investors” on May 31, 2018. Globenewswire.com‘s news article titled: “Extended Stay America to participate at the 2018 Baird’s Global Consumer, Technology & Services Conference” with publication date: June 04, 2018 was also an interesting one.

Ci Global Investments Inc increased Walgreens Boots Alliance Inc stake by 750,790 shares to 8.12M valued at $531.90 million in 2018Q1. It also upped Black Stone Minerals LP stake by 1.61M shares and now owns 4.41 million shares. Activision Blizzard Inc (NASDAQ:ATVI) was raised too.

Parker Drilling Company (NYSE:PKD) Institutional Positions Chart

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