As Dexcom (DXCM) Share Value Rose, Shareholder Sessa Capital Im LP Cut Holding; As Cbs New (CBS) Market Valuation Declined, Holder Brookmont Capital Management Increased Holding

May 21, 2018 - By Neil V. Hobbs

CBS Corporation (NYSE:CBS) Logo

Brookmont Capital Management increased its stake in Cbs Corp New (CBS) by 68.27% based on its latest 2017Q4 regulatory filing with the SEC. Brookmont Capital Management bought 34,747 shares as the company’s stock declined 13.00% with the market. The institutional investor held 85,646 shares of the broadcasting company at the end of 2017Q4, valued at $5.05M, up from 50,899 at the end of the previous reported quarter. Brookmont Capital Management who had been investing in Cbs Corp New for a number of months, seems to be bullish on the $19.76B market cap company. The stock increased 0.70% or $0.36 during the last trading session, reaching $52.11. About 2.69M shares traded. CBS Corporation (NYSE:CBS) has declined 22.43% since May 21, 2017 and is downtrending. It has underperformed by 33.98% the S&P500.

Sessa Capital Im Lp decreased its stake in Dexcom Inc (DXCM) by 60.48% based on its latest 2017Q4 regulatory filing with the SEC. Sessa Capital Im Lp sold 181,451 shares as the company’s stock rose 24.71% while stock markets declined. The institutional investor held 118,549 shares of the health care company at the end of 2017Q4, valued at $6.80M, down from 300,000 at the end of the previous reported quarter. Sessa Capital Im Lp who had been investing in Dexcom Inc for a number of months, seems to be less bullish one the $7.67B market cap company. The stock increased 0.50% or $0.43 during the last trading session, reaching $87.08. About 235,175 shares traded. DexCom, Inc. (NASDAQ:DXCM) has declined 16.08% since May 21, 2017 and is downtrending. It has underperformed by 27.63% the S&P500.

Since December 12, 2017, it had 0 insider purchases, and 15 sales for $71.37 million activity. $175,000 worth of CBS Corporation (NYSE:CBS) was sold by Ianniello Joseph R.

Brookmont Capital Management, which manages about $415.17 million and $231.96 million US Long portfolio, decreased its stake in Home Depot Inc (NYSE:HD) by 147,328 shares to 47,283 shares, valued at $8.96 million in 2017Q4, according to the filing.

Among 39 analysts covering CBS Corp (NYSE:CBS), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. CBS Corp had 120 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cowen & Co on Thursday, August 6. The rating was maintained by KeyBanc Capital Markets on Friday, August 25 with “Hold”. The rating was maintained by Credit Suisse with “Outperform” on Friday, August 21. The rating was maintained by BMO Capital Markets on Wednesday, February 21 with “Outperform”. The firm earned “Buy” rating on Friday, June 16 by Benchmark. The firm earned “Overweight” rating on Monday, February 6 by Atlantic Securities. UBS maintained it with “Neutral” rating and $49 target in Wednesday, November 4 report. The stock has “Outperform” rating by Bernstein on Tuesday, May 15. Citigroup maintained the stock with “Buy” rating in Thursday, February 22 report. On Monday, October 16 the stock rating was maintained by BMO Capital Markets with “Buy”.

Investors sentiment decreased to 0.59 in 2017 Q4. Its down 0.44, from 1.03 in 2017Q3. It turned negative, as 80 investors sold CBS shares while 278 reduced holdings. 65 funds opened positions while 148 raised stakes. 226.28 million shares or 0.25% more from 225.71 million shares in 2017Q3 were reported. Northern Trust Corporation owns 6,597 shares. Texas Permanent School Fund holds 98,981 shares. Cubist Systematic Strategies Ltd Liability Company stated it has 7,281 shares. Prudential Financial Incorporated invested in 510,553 shares. Daiwa Inc reported 23,357 shares. Financial Counselors invested 0.38% in CBS Corporation (NYSE:CBS). Wealthtrust reported 163 shares or 0% of all its holdings. Bb&T Corporation stated it has 203,099 shares. Gam Holdings Ag has 8,610 shares for 0.02% of their portfolio. Asset Mgmt Gp accumulated 6,177 shares or 0.13% of the stock. Lenox Wealth Management, Ohio-based fund reported 385 shares. Peapack Gladstone holds 0.36% or 113,135 shares in its portfolio. 332,664 were accumulated by Federated Invsts Pa. Asset One Ltd owns 603,951 shares for 0.08% of their portfolio. Susquehanna Limited Liability Partnership holds 0% or 6,674 shares in its portfolio.

More notable recent CBS Corporation (NYSE:CBS) news were published by: Benzinga.com which released: “CBS Is A Buy Amid M&A Uncertainty, Bernstein Says In Upgrade” on May 21, 2018, also Seekingalpha.com with their article: “What Investors Need To Know Following The 2018 TV Upfronts” published on May 21, 2018, Seekingalpha.com published: “National Amusements to CBS: See you in court” on May 14, 2018. More interesting news about CBS Corporation (NYSE:CBS) were released by: 247Wallst.com and their article: “CBS Shareholders Ask Where Their Yachts Are” published on May 18, 2018 as well as Seekingalpha.com‘s news article titled: “Verizon CEO: No interest in linear content” with publication date: May 15, 2018.

Investors sentiment decreased to 0.73 in 2017 Q4. Its down 0.24, from 0.97 in 2017Q3. It turned negative, as 44 investors sold DXCM shares while 97 reduced holdings. 48 funds opened positions while 55 raised stakes. 99.11 million shares or 0.83% more from 98.30 million shares in 2017Q3 were reported. Asset Mgmt Inc has invested 0% in DexCom, Inc. (NASDAQ:DXCM). Marco Invest Llc reported 0.03% of its portfolio in DexCom, Inc. (NASDAQ:DXCM). Paloma Comm holds 122,600 shares or 0.09% of its portfolio. Rosenblum Silverman Sutton S F Incorporated Ca invested 0.6% of its portfolio in DexCom, Inc. (NASDAQ:DXCM). Qs Lc has invested 0% in DexCom, Inc. (NASDAQ:DXCM). United Automobile Association has invested 0% in DexCom, Inc. (NASDAQ:DXCM). 39,340 were accumulated by Shaker Invs Ltd Liability Com Oh. Capital Fund accumulated 87,348 shares. The Japan-based Asset One Limited has invested 0% in DexCom, Inc. (NASDAQ:DXCM). Granahan Investment Ma reported 25,835 shares or 0.12% of all its holdings. Dimensional Fund Advsrs LP has invested 0% in DexCom, Inc. (NASDAQ:DXCM). Moreover, State Of Alaska Department Of Revenue has 0.01% invested in DexCom, Inc. (NASDAQ:DXCM) for 6,300 shares. Dekabank Deutsche Girozentrale has invested 0% in DexCom, Inc. (NASDAQ:DXCM). Weatherly Asset Mngmt Lp invested in 7,683 shares or 0.11% of the stock. Susquehanna Grp Limited Liability Partnership, a Pennsylvania-based fund reported 115,286 shares.

Among 25 analysts covering Dexcom (NASDAQ:DXCM), 17 have Buy rating, 2 Sell and 6 Hold. Therefore 68% are positive. Dexcom had 77 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of DexCom, Inc. (NASDAQ:DXCM) earned “Equal-Weight” rating by Morgan Stanley on Friday, May 4. The firm has “Buy” rating given on Monday, April 9 by Stephens. Cowen & Co maintained DexCom, Inc. (NASDAQ:DXCM) rating on Wednesday, April 11. Cowen & Co has “Buy” rating and $8500 target. The rating was maintained by BMO Capital Markets on Thursday, May 3 with “Outperformer”. The firm earned “Buy” rating on Thursday, July 13 by Canaccord Genuity. The stock of DexCom, Inc. (NASDAQ:DXCM) has “Buy” rating given on Wednesday, March 28 by Canaccord Genuity. BMO Capital Markets maintained DexCom, Inc. (NASDAQ:DXCM) on Tuesday, December 12 with “Buy” rating. The company was upgraded on Friday, September 16 by Desjardins Securities. JP Morgan maintained the stock with “Overweight” rating in Wednesday, February 24 report. The rating was downgraded by BTIG Research to “Neutral” on Wednesday, September 14.

Analysts await DexCom, Inc. (NASDAQ:DXCM) to report earnings on August, 7. They expect $-0.20 earnings per share, down 25.00% or $0.04 from last year’s $-0.16 per share. After $-0.32 actual earnings per share reported by DexCom, Inc. for the previous quarter, Wall Street now forecasts -37.50% EPS growth.

DexCom, Inc. (NASDAQ:DXCM) Institutional Positions Chart

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