Skylands Capital Has Cut Its Position in Boingo Wireless (WIFI) as Market Valuation Rose; American Eagle Outfitrs (AEO) Shares Declined While Adams Asset Advisors Boosted Stake

January 21, 2018 - By Kurt Siggers

Charles Paquelet decreased its stake in Boingo Wireless Inc (WIFI) by 86.33% based on its latest 2017Q3 regulatory filing with the SEC. Skylands Capital Llc sold 130,450 shares as the company’s stock rose 37.51% with the market. The hedge fund run by Charles Paquelet held 20,650 shares of the consumer services company at the end of 2017Q3, valued at $441,000, down from 151,100 at the end of the previous reported quarter. Skylands Capital Llc who had been investing in Boingo Wireless Inc for a number of months, seems to be less bullish one the $933.39 million market cap company. The stock increased 1.02% or $0.23 during the last trading session, reaching $22.88. About 329,343 shares traded. Boingo Wireless, Inc. (NASDAQ:WIFI) has risen 132.10% since January 21, 2017 and is uptrending. It has outperformed by 115.40% the S&P500.

Adams Asset Advisors Llc increased its stake in American Eagle Outfitrs (AEO) by 31.63% based on its latest 2017Q3 regulatory filing with the SEC. Adams Asset Advisors Llc bought 134,660 shares as the company’s stock declined 29.04% while stock markets rallied. The institutional investor held 560,348 shares of the consumer services company at the end of 2017Q3, valued at $8.01 million, up from 425,688 at the end of the previous reported quarter. Adams Asset Advisors Llc who had been investing in American Eagle Outfitrs for a number of months, seems to be bullish on the $3.27B market cap company. The stock increased 2.33% or $0.42 during the last trading session, reaching $18.42. About 2.53 million shares traded. American Eagle Outfitters, Inc. (NYSE:AEO) has declined 31.50% since January 21, 2017 and is downtrending. It has underperformed by 48.20% the S&P500.

Adams Asset Advisors Llc, which manages about $828.72M and $733.52 million US Long portfolio, decreased its stake in Conocophillips (NYSE:COP) by 119,228 shares to 46,609 shares, valued at $2.33M in 2017Q3, according to the filing. It also reduced its holding in Iamgold Corporation (NYSE:IAG) by 213,800 shares in the quarter, leaving it with 145,371 shares, and cut its stake in Wells Fargo (NYSE:WFC).

Among 27 analysts covering American Eagle Outfitters (NYSE:AEO), 14 have Buy rating, 1 Sell and 12 Hold. Therefore 52% are positive. American Eagle Outfitters had 88 analyst reports since August 4, 2015 according to SRatingsIntel. As per Thursday, August 18, the company rating was maintained by FBR Capital. The firm earned “Overweight” rating on Tuesday, November 3 by Piper Jaffray. Nomura maintained the stock with “Neutral” rating in Thursday, August 20 report. The rating was maintained by JP Morgan on Thursday, May 19 with “Neutral”. The stock of American Eagle Outfitters, Inc. (NYSE:AEO) earned “Buy” rating by Buckingham Research on Thursday, January 11. FBR Capital upgraded American Eagle Outfitters, Inc. (NYSE:AEO) on Tuesday, August 15 to “Buy” rating. On Thursday, March 2 the stock rating was maintained by FBR Capital with “Mkt Perform”. The firm has “Neutral” rating given on Wednesday, January 25 by Buckingham Research. The stock has “Outperform” rating by Cowen & Co on Thursday, September 17. Oppenheimer maintained American Eagle Outfitters, Inc. (NYSE:AEO) on Monday, August 17 with “Outperform” rating.

Among 10 analysts covering Boingo Wireless (NASDAQ:WIFI), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Boingo Wireless had 18 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 3 by Oppenheimer. The stock has “Buy” rating by Oppenheimer on Thursday, August 10. On Monday, June 20 the stock rating was initiated by Lake Street with “Buy”. The stock of Boingo Wireless, Inc. (NASDAQ:WIFI) has “Buy” rating given on Friday, November 4 by Craig Hallum. The firm earned “Outperform” rating on Friday, November 3 by Credit Suisse. BTIG Research initiated the stock with “Sell” rating in Monday, July 11 report. The stock of Boingo Wireless, Inc. (NASDAQ:WIFI) has “Buy” rating given on Friday, November 3 by Northland Capital. The stock of Boingo Wireless, Inc. (NASDAQ:WIFI) has “Buy” rating given on Monday, November 27 by Northland Capital. The rating was maintained by DA Davidson with “Buy” on Monday, August 10. The stock of Boingo Wireless, Inc. (NASDAQ:WIFI) has “Hold” rating given on Tuesday, September 22 by Zacks.

Analysts await Boingo Wireless, Inc. (NASDAQ:WIFI) to report earnings on March, 6. They expect $-0.12 earnings per share, down 9.09% or $0.01 from last year’s $-0.11 per share. After $-0.09 actual earnings per share reported by Boingo Wireless, Inc. for the previous quarter, Wall Street now forecasts 33.33% negative EPS growth.

Skylands Capital Llc, which manages about $986.41 million and $752.20 million US Long portfolio, upped its stake in Coherent Inc (NASDAQ:COHR) by 3,100 shares to 160,750 shares, valued at $37.80 million in 2017Q3, according to the filing. It also increased its holding in Arch Coal Inc by 28,050 shares in the quarter, for a total of 297,300 shares, and has risen its stake in F M C Corp (NYSE:FMC).

Since August 2, 2017, it had 0 insider purchases, and 11 sales for $6.38 million activity. Hovenier Peter sold $578,035 worth of Boingo Wireless, Inc. (NASDAQ:WIFI) on Wednesday, December 13. Peterson Derek also sold $1.04 million worth of Boingo Wireless, Inc. (NASDAQ:WIFI) shares. On Friday, August 18 Finley Michael sold $145,050 worth of Boingo Wireless, Inc. (NASDAQ:WIFI) or 7,500 shares. Another trade for 60,000 shares valued at $1.10 million was made by Hagan David on Wednesday, August 9. $261,346 worth of stock was sold by Callahan Dawn on Wednesday, December 13.

Investors sentiment increased to 2.08 in 2017 Q3. Its up 0.26, from 1.82 in 2017Q2. It is positive, as 7 investors sold WIFI shares while 33 reduced holdings. 33 funds opened positions while 50 raised stakes. 33.43 million shares or 7.47% more from 31.11 million shares in 2017Q2 were reported. Nicholas Inv Prtnrs Limited Partnership holds 195,422 shares. Financial Bank Of Mellon reported 557,746 shares. Herald Investment invested in 660,000 shares or 4.57% of the stock. Glenmede Tru Company Na owns 100 shares. Columbia Wanger Asset Management Ltd accumulated 0.54% or 1.70 million shares. Bogle Investment Mngmt Lp De holds 0.39% of its portfolio in Boingo Wireless, Inc. (NASDAQ:WIFI) for 268,609 shares. The Pennsylvania-based Susquehanna Gp Limited Liability Partnership has invested 0% in Boingo Wireless, Inc. (NASDAQ:WIFI). Acadian Asset Mgmt Ltd Liability Co, a Massachusetts-based fund reported 87,645 shares. 1492 Capital Management Limited Company reported 313,774 shares stake. 97,300 are owned by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment. Spark Management Ltd Company accumulated 90,100 shares. Portolan Ltd Liability holds 1.25 million shares or 3.19% of its portfolio. Timpani Management Limited Company stated it has 1.52% in Boingo Wireless, Inc. (NASDAQ:WIFI). Rice Hall James Assoc Ltd Liability Corp stated it has 795,150 shares. Deutsche Fincl Bank Ag stated it has 43,838 shares or 0% of all its holdings.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: