Meiji Yasuda Asset Management Company LTD Has Trimmed Simon Ppty Group New (SPG) Stake By $1.62 Million; Concourse Capital Management Cut By $1.01 Million Its Gran Tierra Energy (GTE) Stake

November 14, 2017 - By Darrin Black

Concourse Capital Management Llc decreased Gran Tierra Energy Inc (GTE) stake by 37.4% reported in 2017Q2 SEC filing. Concourse Capital Management Llc sold 503,550 shares as Gran Tierra Energy Inc (GTE)’s stock declined 6.20%. The Concourse Capital Management Llc holds 842,921 shares with $1.89 million value, down from 1.35M last quarter. Gran Tierra Energy Inc now has $813.73 million valuation. The stock declined 2.10% or $0.05 reaching $2.1 per share. About 788,380 shares traded. Gran Tierra Energy Inc (NYSEMKT:GTE) has declined 7.89% since November 14, 2016 and is downtrending. It has underperformed by 24.59% the S&P500.

Meiji Yasuda Asset Management Company Ltd decreased Simon Ppty Group Inc New (SPG) stake by 36.26% reported in 2017Q2 SEC filing. Meiji Yasuda Asset Management Company Ltd sold 10,080 shares as Simon Ppty Group Inc New (SPG)’s stock declined 12.82%. The Meiji Yasuda Asset Management Company Ltd holds 17,718 shares with $2.87 million value, down from 27,798 last quarter. Simon Ppty Group Inc New now has $51.37 billion valuation. The stock rose 0.16% or $0.25 reaching $160.56. About 1.37M shares traded. Simon Property Group Inc (NYSE:SPG) has declined 18.56% since November 14, 2016 and is downtrending. It has underperformed by 35.26% the S&P500.

Analysts await Gran Tierra Energy Inc (NYSEAMERICAN:GTE) to report earnings on March, 7. They expect $0.05 earnings per share, up 25.00% or $0.01 from last year’s $0.04 per share. GTE’s profit will be $19.37M for 10.50 P/E if the $0.05 EPS becomes a reality. After $0.01 actual earnings per share reported by Gran Tierra Energy Inc for the previous quarter, Wall Street now forecasts 400.00% EPS growth.

Concourse Capital Management Llc increased Quotient Technology Inc stake by 59,884 shares to 87,984 valued at $1.01M in 2017Q2. It also upped Freeport (NYSE:FCX) stake by 50,000 shares and now owns 100,000 shares. Kkr & Co LP Del (NYSE:KKR) was raised too.

Among 5 analysts covering Gran Tierra Energy (NYSEMKT:GTE), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Gran Tierra Energy had 9 analyst reports since September 9, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs on Friday, September 11 to “Neutral”. Citigroup upgraded the shares of GTE in report on Friday, November 4 to “Buy” rating. The company was upgraded on Friday, February 10 by Credit Suisse. The firm has “Top Pick” rating given on Monday, June 20 by RBC Capital Markets. RBC Capital Markets maintained Gran Tierra Energy Inc (NYSEAMERICAN:GTE) rating on Friday, January 29. RBC Capital Markets has “Outperform” rating and $4.50 target. The firm has “Neutral” rating given on Monday, December 14 by Citigroup.

Investors sentiment is 0.76 in 2017 Q2. Its the same as in 2017Q1. It is flat, as 65 investors sold SPG shares while 244 reduced holdings. only 62 funds opened positions while 173 raised stakes. 298.66 million shares or 0.53% less from 300.27 million shares in 2017Q1 were reported. Delta Asset Mngmt Ltd Tn holds 0.01% in Simon Property Group Inc (NYSE:SPG) or 475 shares. Cap Advsr Ltd Lc invested in 171 shares. Atlantic Trust Grp Ltd Co reported 403,031 shares. Mgmt Pro Incorporated invested in 0.03% or 416 shares. Whittier Trust holds 451 shares or 0% of its portfolio. Profund Lc reported 19,657 shares stake. Johnson owns 246 shares. Adirondack Trust holds 937 shares. Apg Asset Nv owns 72,045 shares. Adell Harriman And Carpenter invested in 0% or 18,782 shares. Allstate Corp owns 7,751 shares. Mu Invs Limited invested in 0.02% or 190 shares. Cetera Advisor Lc holds 0.01% of its portfolio in Simon Property Group Inc (NYSE:SPG) for 1,240 shares. Orrstown Services, Pennsylvania-based fund reported 3,693 shares. Mason Street Advsr Limited Liability has invested 0.18% in Simon Property Group Inc (NYSE:SPG).

Analysts await Simon Property Group Inc (NYSE:SPG) to report earnings on January, 30. They expect $3.13 EPS, up 7.56% or $0.22 from last year’s $2.91 per share. SPG’s profit will be $1.00B for 12.82 P/E if the $3.13 EPS becomes a reality. After $2.89 actual EPS reported by Simon Property Group Inc for the previous quarter, Wall Street now forecasts 8.30% EPS growth.

Meiji Yasuda Asset Management Company Ltd increased Time Warner Inc (NYSE:TWX) stake by 10,790 shares to 32,237 valued at $3.24M in 2017Q2. It also upped Philip Morris Intl Inc (NYSE:PM) stake by 3,820 shares and now owns 84,308 shares. Waste Mgmt Inc Del (NYSE:WM) was raised too.

Among 18 analysts covering Simon Property Group (NYSE:SPG), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Simon Property Group had 59 analyst reports since July 21, 2015 according to SRatingsIntel. Mizuho maintained the shares of SPG in report on Sunday, October 29 with “Buy” rating. The stock of Simon Property Group Inc (NYSE:SPG) earned “Buy” rating by Argus Research on Tuesday, October 31. Jefferies maintained it with “Buy” rating and $200.0 target in Friday, October 27 report. The company was maintained on Thursday, July 20 by Boenning & Scattergood. RBC Capital Markets maintained the shares of SPG in report on Thursday, August 10 with “Hold” rating. On Friday, October 27 the stock rating was maintained by SunTrust with “Hold”. RBC Capital Markets maintained the shares of SPG in report on Tuesday, July 28 with “Outperform” rating. The firm earned “Sector Perform” rating on Tuesday, November 1 by RBC Capital Markets. The stock of Simon Property Group Inc (NYSE:SPG) earned “Buy” rating by CFRA on Thursday, October 12. The company was maintained on Monday, October 30 by Boenning & Scattergood.

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