New Generation Advisors Upped Its Bill Barrett (BBG) Holding by $400,000 as Share Price Declined; Leisure Capital Management Cut Holding in Wells Fargo Co New (WFC) by $1.44 Million as Share Value Declined

January 19, 2018 - By reb123z

Leisure Capital Management decreased its stake in Wells Fargo Co New (WFC) by 63.88% based on its latest 2017Q3 regulatory filing with the SEC. Leisure Capital Management sold 26,175 shares as the company’s stock declined 8.66% while stock markets rallied. The institutional investor held 14,801 shares of the major banks company at the end of 2017Q3, valued at $816,000, down from 40,976 at the end of the previous reported quarter. Leisure Capital Management who had been investing in Wells Fargo Co New for a number of months, seems to be less bullish one the $316.14B market cap company. The stock increased 0.39% or $0.25 during the last trading session, reaching $64.2. About 2.76 million shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since January 19, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

New Generation Advisors Llc increased its stake in Bill Barrett Corp (BBG) by 10.03% based on its latest 2017Q3 regulatory filing with the SEC. New Generation Advisors Llc bought 100,000 shares as the company’s stock declined 29.01% while stock markets rallied. The hedge fund held 1.10M shares of the oil & gas production company at the end of 2017Q3, valued at $4.71 million, up from 997,005 at the end of the previous reported quarter. New Generation Advisors Llc who had been investing in Bill Barrett Corp for a number of months, seems to be bullish on the $386.04M market cap company. The stock decreased 2.13% or $0.11 during the last trading session, reaching $5.06. About 174,620 shares traded. Bill Barrett Corporation (NYSE:BBG) has declined 43.01% since January 19, 2017 and is downtrending. It has underperformed by 59.71% the S&P500.

New Generation Advisors Llc, which manages about $1.30 billion and $162.01M US Long portfolio, decreased its stake in Builders Firstsource Inc (NASDAQ:BLDR) by 180,232 shares to 216,908 shares, valued at $3.90M in 2017Q3, according to the filing. It also reduced its holding in Overseas Shipholding Group Inc by 180,000 shares in the quarter, leaving it with 1.02M shares, and cut its stake in International Seaways Inc.

Among 19 analysts covering Bill Barrett Corporation (NYSE:BBG), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Bill Barrett Corporation had 60 analyst reports since July 21, 2015 according to SRatingsIntel. Northland Capital maintained Bill Barrett Corporation (NYSE:BBG) rating on Friday, August 7. Northland Capital has “Market Perform” rating and $5.5 target. On Tuesday, June 14 the stock rating was maintained by Deutsche Bank with “Hold”. BMO Capital Markets maintained Bill Barrett Corporation (NYSE:BBG) rating on Tuesday, October 10. BMO Capital Markets has “Hold” rating and $4.0 target. As per Thursday, October 5, the company rating was maintained by Stifel Nicolaus. As per Monday, September 11, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Howard Weil with “Sector Outperform” on Friday, October 14. The stock of Bill Barrett Corporation (NYSE:BBG) has “Equal-Weight” rating given on Thursday, August 11 by Barclays Capital. BMO Capital Markets maintained Bill Barrett Corporation (NYSE:BBG) on Friday, September 4 with “Market Perform” rating. Wunderlich downgraded the shares of BBG in report on Thursday, December 15 to “Hold” rating. KLR Group upgraded Bill Barrett Corporation (NYSE:BBG) rating on Tuesday, August 11. KLR Group has “Accumulate” rating and $10 target.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.13, from 1.17 in 2017Q2. It increased, as 13 investors sold BBG shares while 37 reduced holdings. 19 funds opened positions while 46 raised stakes. 60.94 million shares or 5.20% less from 64.29 million shares in 2017Q2 were reported. Nationwide Fund holds 58,213 shares. Mason Street Advisors Limited Liability Corp holds 19,319 shares or 0% of its portfolio. Aperio Grp Inc Ltd Liability Corporation has invested 0% in Bill Barrett Corporation (NYSE:BBG). Wells Fargo & Company Mn invested 0% in Bill Barrett Corporation (NYSE:BBG). Pub Employees Retirement Association Of Colorado reported 24,920 shares. Two Sigma Secs Ltd Llc invested in 0% or 12,195 shares. Tiaa Cref Invest Lc reported 1.57 million shares. Cubist Systematic Strategies Lc invested 0% in Bill Barrett Corporation (NYSE:BBG). The New York-based Sg Americas Securities Lc has invested 0% in Bill Barrett Corporation (NYSE:BBG). Federated Pa reported 7,392 shares or 0% of all its holdings. State Of Alaska Department Of Revenue holds 15,104 shares. New Generation Advsr Limited Co invested 2.9% in Bill Barrett Corporation (NYSE:BBG). Susquehanna Group Limited Liability Partnership accumulated 54,568 shares. Goldman Sachs Gp reported 609,886 shares. Thrivent For Lutherans accumulated 46,940 shares or 0% of the stock.

Since September 8, 2017, it had 0 insider purchases, and 3 selling transactions for $118,700 activity.

Investors sentiment decreased to 0.73 in 2017 Q3. Its down 0.15, from 0.88 in 2017Q2. It worsened, as 92 investors sold WFC shares while 725 reduced holdings. 103 funds opened positions while 495 raised stakes. 3.65 billion shares or 0.40% less from 3.66 billion shares in 2017Q2 were reported. Wetherby Asset Management owns 72,968 shares. Moreover, Carlson Mngmt has 0.53% invested in Wells Fargo & Company (NYSE:WFC). Salient Co Lta accumulated 0.18% or 27,565 shares. Connors Investor Service owns 272,468 shares or 2.27% of their US portfolio. Mraz Amerine & accumulated 17,151 shares or 0.3% of the stock. Trillium Asset Mgmt has invested 0.01% in Wells Fargo & Company (NYSE:WFC). 8,386 are owned by Halbert Hargrove Russell Ltd Limited Liability Company. Capwealth Advsr Limited Liability holds 13,400 shares. Valley National Advisers has invested 1.25% in Wells Fargo & Company (NYSE:WFC). United Asset Strategies has 3.32% invested in Wells Fargo & Company (NYSE:WFC) for 106,120 shares. Moreover, Washington Capital Mngmt has 0.92% invested in Wells Fargo & Company (NYSE:WFC) for 15,700 shares. Lsv Asset has 0.32% invested in Wells Fargo & Company (NYSE:WFC). Papp L Roy & Associates owns 0.08% invested in Wells Fargo & Company (NYSE:WFC) for 6,849 shares. Independence Tru holds 3.57% or 56,692 shares in its portfolio. Goodwin Daniel L stated it has 28,800 shares.

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