As Blackhawk Network Hldgs (HAWK) Stock Value Rose, Arrowgrass Capital Partners LP Cut Its Holding; As Coca Cola Co (KO) Shares Declined, Holder Founders Financial Securities Cut Its Holding

May 18, 2018 - By Marie Mckinney

The Coca-Cola Company (NYSE:KO) Logo

Nick Niell decreased its stake in Blackhawk Network Hldgs Inc (HAWK) by 30.92% based on its latest 2017Q4 regulatory filing with the SEC. Arrowgrass Capital Partners Lp sold 192,249 shares as the company’s stock rose 32.05% while stock markets declined. The hedge fund run by Nick Niell held 429,514 shares of the finance company at the end of 2017Q4, valued at $15.31 million, down from 621,763 at the end of the previous reported quarter. Arrowgrass Capital Partners Lp who had been investing in Blackhawk Network Hldgs Inc for a number of months, seems to be less bullish one the $2.45B market cap company. The stock increased 0.11% or $0.05 during the last trading session, reaching $44.95. About 126,040 shares traded. Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) has risen 17.17% since May 18, 2017 and is uptrending. It has outperformed by 5.62% the S&P500.

Founders Financial Securities Llc decreased its stake in Coca Cola Co (KO) by 59.07% based on its latest 2017Q4 regulatory filing with the SEC. Founders Financial Securities Llc sold 13,262 shares as the company’s stock declined 5.92% with the market. The institutional investor held 9,189 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $422,000, down from 22,451 at the end of the previous reported quarter. Founders Financial Securities Llc who had been investing in Coca Cola Co for a number of months, seems to be less bullish one the $180.00B market cap company. The stock increased 1.81% or $0.75 during the last trading session, reaching $42.3. About 14.86M shares traded or 18.67% up from the average. The Coca-Cola Company (NYSE:KO) has risen 1.35% since May 18, 2017 and is uptrending. It has underperformed by 10.20% the S&P500.

Arrowgrass Capital Partners Lp, which manages about $14.76 billion and $10.32 billion US Long portfolio, upped its stake in Facebook Inc (Call) (NASDAQ:FB) by 929,703 shares to 943,600 shares, valued at $166.51M in 2017Q4, according to the filing. It also increased its holding in Occidental Pete Corp Del (Call) (NYSE:OXY) by 19,107 shares in the quarter, for a total of 19,300 shares, and has risen its stake in Pnc Finl Svcs Group Inc (Put) (NYSE:PNC).

More notable recent Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) news were published by: Gurufocus.com which released: “John Paulson Establishes 8 New Positions in 1st Quarter” on May 17, 2018, also Benzinga.com with their article: “Argus Downgrades Blackhawk Network Following Rally Triggered By Go-Private Announcement” published on April 25, 2018, Globenewswire.com published: “Market Trends Toward New Normal in Acacia Research, A10 Networks, Imperva, PotlatchDeltic, Blackhawk Network …” on April 27, 2018. More interesting news about Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) were released by: Globenewswire.com and their article: “Blackhawk Announces First Quarter 2018 Financial Results” published on May 01, 2018 as well as Streetinsider.com‘s news article titled: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” with publication date: May 15, 2018.

Analysts await Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) to report earnings on July, 18. They expect $-0.15 earnings per share, down 36.36% or $0.04 from last year’s $-0.11 per share. After $-0.28 actual earnings per share reported by Blackhawk Network Holdings, Inc. for the previous quarter, Wall Street now forecasts -46.43% EPS growth.

Among 14 analysts covering Blackhawk Network Holdings (NASDAQ:HAWK), 2 have Buy rating, 0 Sell and 12 Hold. Therefore 14% are positive. Blackhawk Network Holdings had 41 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, July 20 by Bank of America. The firm earned “Neutral” rating on Friday, October 7 by Bank of America. The stock has “Neutral” rating by Mizuho on Wednesday, October 18. The rating was maintained by Argus Research on Tuesday, October 17 with “Buy”. Credit Suisse initiated Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) on Friday, December 11 with “Outperform” rating. The firm has “Hold” rating by Argus Research given on Wednesday, April 25. The firm earned “Overweight” rating on Tuesday, December 1 by First Analysis. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) earned “Market Perform” rating by BMO Capital Markets on Friday, January 6. The stock of Blackhawk Network Holdings, Inc. (NASDAQ:HAWK) earned “Outperform” rating by BMO Capital Markets on Tuesday, September 12. The firm has “Neutral” rating given on Thursday, April 28 by Wedbush.

Founders Financial Securities Llc, which manages about $511.93 million and $300.47M US Long portfolio, upped its stake in Vanguard Intl Equity Index F (VWO) by 17,001 shares to 288,336 shares, valued at $13.24M in 2017Q4, according to the filing. It also increased its holding in Vanguard Index Fds (VUG) by 14,861 shares in the quarter, for a total of 165,153 shares, and has risen its stake in Dbx Etf Tr.

Since January 16, 2018, it had 0 insider purchases, and 5 selling transactions for $6.52 million activity. $4.01 million worth of The Coca-Cola Company (NYSE:KO) was sold by HAYS ED on Tuesday, January 23. On Tuesday, March 13 MURPHY JOHN sold $631,572 worth of The Coca-Cola Company (NYSE:KO) or 14,129 shares. 15,000 shares were sold by LONG ROBERT EDWARD, worth $719,250 on Wednesday, January 24. Waller Kathy N also sold $1.07 million worth of The Coca-Cola Company (NYSE:KO) shares.

Among 22 analysts covering Coca-Cola (NYSE:KO), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Coca-Cola had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, August 28 by Vetr. The company was maintained on Thursday, April 21 by Citigroup. As per Thursday, January 4, the company rating was maintained by Jefferies. The firm has “Outperform” rating given on Thursday, March 10 by RBC Capital Markets. The company was maintained on Tuesday, February 20 by Credit Suisse. Goldman Sachs maintained the shares of KO in report on Wednesday, June 29 with “Neutral” rating. As per Thursday, October 22, the company rating was maintained by UBS. The firm earned “Buy” rating on Tuesday, August 1 by RBC Capital Markets. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, September 29. Stifel Nicolaus upgraded The Coca-Cola Company (NYSE:KO) rating on Tuesday, January 12. Stifel Nicolaus has “Buy” rating and $54.0 target.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.11, from 0.8 in 2017Q3. It increased, as 51 investors sold KO shares while 623 reduced holdings. 124 funds opened positions while 492 raised stakes. 2.73 billion shares or 0.05% less from 2.73 billion shares in 2017Q3 were reported. Welch Grp Limited Liability Company holds 84,183 shares. Stonebridge Mngmt stated it has 148,323 shares or 2.44% of all its holdings. Compton Mgmt Ri has invested 0.49% in The Coca-Cola Company (NYSE:KO). Rockland Tru invested in 109,348 shares or 0.65% of the stock. Secs Inc (D B A Uas Asset Management) reported 120,785 shares. Centre Asset Ltd Liability stated it has 2.15% of its portfolio in The Coca-Cola Company (NYSE:KO). Washington Trust holds 54,330 shares. Mariner Wealth Advisors Ltd holds 0.19% or 104,424 shares. Becker Cap Mngmt stated it has 9,185 shares. Stewart And Patten Co Ltd Com holds 430,612 shares or 3.53% of its portfolio. Curbstone Finance holds 0.22% of its portfolio in The Coca-Cola Company (NYSE:KO) for 8,675 shares. Rodgers Brothers stated it has 1.34% in The Coca-Cola Company (NYSE:KO). 157,133 are held by Provise Grp Incorporated Ltd Liability Co. M&R has invested 0.36% in The Coca-Cola Company (NYSE:KO). Security Trust has 52,401 shares.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on July, 25. They expect $0.61 EPS, up 3.39% or $0.02 from last year’s $0.59 per share. KO’s profit will be $2.60B for 17.34 P/E if the $0.61 EPS becomes a reality. After $0.47 actual EPS reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts 29.79% EPS growth.

The Coca-Cola Company (NYSE:KO) Institutional Positions Chart

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