Progeny 3 Stake in Tpg Specialty Lending (TSLX) Trimmed by $3.00 Million; Gartner (IT) Shareholder Southeast Asset Advisors Has Upped Its Position

January 14, 2018 - By Neil V. Hobbs

Progeny 3 Inc decreased its stake in Tpg Specialty Lending Inc (TSLX) by 33.63% based on its latest 2017Q3 regulatory filing with the SEC. Progeny 3 Inc sold 150,000 shares as the company’s stock rose 6.27% with the market. The institutional investor held 296,027 shares of the company at the end of 2017Q3, valued at $6.21M, down from 446,027 at the end of the previous reported quarter. Progeny 3 Inc who had been investing in Tpg Specialty Lending Inc for a number of months, seems to be less bullish one the $1.21B market cap company. The stock increased 0.25% or $0.05 during the last trading session, reaching $20.06. About 128,182 shares traded. TPG Specialty Lending, Inc. (NYSE:TSLX) has risen 27.65% since January 14, 2017 and is uptrending. It has outperformed by 10.95% the S&P500.

Southeast Asset Advisors Inc increased its stake in Gartner Inc (IT) by 15.38% based on its latest 2017Q3 regulatory filing with the SEC. Southeast Asset Advisors Inc bought 2,425 shares as the company’s stock rose 9.97% with the market. The institutional investor held 18,194 shares of the consumer services company at the end of 2017Q3, valued at $2.26M, up from 15,769 at the end of the previous reported quarter. Southeast Asset Advisors Inc who had been investing in Gartner Inc for a number of months, seems to be bullish on the $11.80B market cap company. The stock increased 0.40% or $0.52 during the last trading session, reaching $130.13. About 244,883 shares traded. Gartner, Inc. (NYSE:IT) has risen 15.57% since January 14, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Among 13 analysts covering Gartner Inc (NYSE:IT), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Gartner Inc had 36 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Thursday, November 2. The stock has “Buy” rating by BMO Capital Markets on Friday, October 13. The rating was upgraded by BMO Capital Markets on Friday, January 6 to “Outperform”. RBC Capital Markets maintained Gartner, Inc. (NYSE:IT) on Friday, November 6 with “Sector Perform” rating. RBC Capital Markets maintained Gartner, Inc. (NYSE:IT) rating on Thursday, October 5. RBC Capital Markets has “Buy” rating and $142.0 target. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, July 18 report. The firm has “Mkt Perform” rating given on Friday, November 6 by FBR Capital. The rating was maintained by BMO Capital Markets on Tuesday, July 11 with “Buy”. The company was maintained on Friday, June 9 by RBC Capital Markets. The company was initiated on Friday, August 26 by Macquarie Research.

Southeast Asset Advisors Inc, which manages about $1.76 billion and $316.12M US Long portfolio, decreased its stake in Sherwin Williams Co (NYSE:SHW) by 1,269 shares to 645 shares, valued at $231,000 in 2017Q3, according to the filing. It also reduced its holding in Vanguard Index Fds (VOO) by 13,855 shares in the quarter, leaving it with 28,817 shares, and cut its stake in Berkshire Hathaway Inc Del (BRKB).

Since August 10, 2017, it had 0 buys, and 6 selling transactions for $2.61 million activity. $899,003 worth of stock was sold by Kranich Robin B on Thursday, August 31. On Thursday, August 24 FUCHS ANNE SUTHERLAND sold $594,622 worth of Gartner, Inc. (NYSE:IT) or 5,000 shares.

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.50, from 1.67 in 2017Q2. It fall, as 26 investors sold IT shares while 114 reduced holdings. 39 funds opened positions while 125 raised stakes. 85.00 million shares or 4.01% more from 81.72 million shares in 2017Q2 were reported. Tortoise Inv Limited Liability Corporation holds 0.04% or 1,024 shares. Hartford Mgmt accumulated 0.05% or 19,405 shares. The Tennessee-based Delta Asset Ltd Liability Tn has invested 0% in Gartner, Inc. (NYSE:IT). Barclays Public Limited Company stated it has 114,078 shares or 0.01% of all its holdings. Kayne Anderson Rudnick Inv Mgmt Ltd Llc stated it has 143,308 shares or 0.16% of all its holdings. Creative Planning stated it has 1,635 shares. Dnb Asset Mgmt As invested in 0.03% or 17,768 shares. Fiduciary Co stated it has 4,556 shares or 0.02% of all its holdings. Adage Partners has invested 0.04% in Gartner, Inc. (NYSE:IT). 8,400 are owned by New Mexico Educational Retirement Board. Cantab Partners Limited Liability Partnership has invested 0.04% in Gartner, Inc. (NYSE:IT). Washington-based Saturna Capital Corp has invested 0.73% in Gartner, Inc. (NYSE:IT). Balyasny Asset Mgmt Lc reported 11,880 shares. Norinchukin Bancorp The reported 0.02% of its portfolio in Gartner, Inc. (NYSE:IT). Arrowmark Colorado Ltd Limited Liability Company holds 0.47% or 336,000 shares.

Progeny 3 Inc, which manages about $173.21M US Long portfolio, upped its stake in Spdr Series Trust (XOP) by 31,100 shares to 191,735 shares, valued at $6.54 million in 2017Q3, according to the filing.

Analysts await TPG Specialty Lending, Inc. (NYSE:TSLX) to report earnings on February, 28. They expect $0.44 EPS, down 6.38% or $0.03 from last year’s $0.47 per share. TSLX’s profit will be $26.50 million for 11.40 P/E if the $0.44 EPS becomes a reality. After $0.51 actual EPS reported by TPG Specialty Lending, Inc. for the previous quarter, Wall Street now forecasts -13.73% negative EPS growth.

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