Holder Anchorage Capital Group Has Lifted Civitas Solutions (CIVI) Stake; Hartford Investment Management Co Upped National General Holdings (NGHC) Holding

February 15, 2018 - By Clifton Ray

Hartford Investment Management Co increased its stake in National General Holdings (NGHC) by 25.96% based on its latest 2017Q3 regulatory filing with the SEC. Hartford Investment Management Co bought 64,175 shares as the company’s stock declined 15.19% while stock markets rallied. The institutional investor held 311,369 shares of the property-casualty insurers company at the end of 2017Q3, valued at $5.95 million, up from 247,194 at the end of the previous reported quarter. Hartford Investment Management Co who had been investing in National General Holdings for a number of months, seems to be bullish on the $2.14 billion market cap company. The stock increased 1.16% or $0.23 during the last trading session, reaching $20.1. About 113,657 shares traded. National General Holdings Corp. (NASDAQ:NGHC) has risen 0.61% since February 15, 2017 and is uptrending. It has underperformed by 16.09% the S&P500.

Anchorage Capital Group Llc increased its stake in Civitas Solutions Inc (CIVI) by 78.32% based on its latest 2017Q3 regulatory filing with the SEC. Anchorage Capital Group Llc bought 59,055 shares as the company’s stock declined 15.67% while stock markets rallied. The hedge fund held 134,455 shares of the health care company at the end of 2017Q3, valued at $2.48M, up from 75,400 at the end of the previous reported quarter. Anchorage Capital Group Llc who had been investing in Civitas Solutions Inc for a number of months, seems to be bullish on the $478.72M market cap company. The stock increased 0.39% or $0.05 during the last trading session, reaching $12.75. About 98,395 shares traded. Civitas Solutions, Inc. (NYSE:CIVI) has declined 21.64% since February 15, 2017 and is downtrending. It has underperformed by 38.34% the S&P500.

Anchorage Capital Group Llc, which manages about $16.82B and $9.14B US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (Put) (SPY) by 9.91M shares to 3.35M shares, valued at $841.62 million in 2017Q3, according to the filing. It also reduced its holding in Express Scripts Hldg Co (Put) (NASDAQ:ESRX) by 1.00 million shares in the quarter, leaving it with 1.00M shares, and cut its stake in Cheniere Energy Inc (NYSEMKT:LNG).

Among 6 analysts covering Civitas Solutions (NYSE:CIVI), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Civitas Solutions had 19 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, September 16. The firm has “Hold” rating given on Wednesday, December 13 by Raymond James. Canaccord Genuity maintained Civitas Solutions, Inc. (NYSE:CIVI) on Friday, February 9 with “Buy” rating. Canaccord Genuity maintained the stock with “Buy” rating in Friday, October 27 report. The firm has “Buy” rating given on Wednesday, June 14 by Canaccord Genuity. On Thursday, August 11 the stock rating was downgraded by Raymond James to “Market Perform”. On Wednesday, January 6 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating given on Friday, February 2 by Raymond James. Bank of America maintained Civitas Solutions, Inc. (NYSE:CIVI) rating on Friday, February 9. Bank of America has “Buy” rating and $19 target. Canaccord Genuity maintained it with “Buy” rating and $26.0 target in Friday, October 13 report.

Hartford Investment Management Co, which manages about $5.30 billion US Long portfolio, decreased its stake in Charles Schwab Corp (NYSE:SCHW) by 7,765 shares to 271,850 shares, valued at $11.89M in 2017Q3, according to the filing. It also reduced its holding in Chevron Corp (NYSE:CVX) by 3,755 shares in the quarter, leaving it with 420,766 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.48, from 1.48 in 2017Q2. It fall, as 20 investors sold NGHC shares while 31 reduced holdings. 8 funds opened positions while 43 raised stakes. 45.38 million shares or 1.23% less from 45.95 million shares in 2017Q2 were reported. Parkside National Bank & Trust And Trust reported 0.01% stake. Royal State Bank Of Canada reported 4.17M shares stake. 22,728 were accumulated by Voya Limited Liability Corporation. Schroder Invest Mngmt Grp Inc owns 1.66M shares. The New York-based Blackrock has invested 0% in National General Holdings Corp. (NASDAQ:NGHC). First Quadrant Ltd Partnership Ca holds 0% of its portfolio in National General Holdings Corp. (NASDAQ:NGHC) for 9,850 shares. Brown Advisory accumulated 1.59M shares. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 3,019 shares. Pembroke Mgmt owns 1.14M shares. Ameriprise accumulated 1.30M shares. Legal And General Group Public Limited Co has invested 0% in National General Holdings Corp. (NASDAQ:NGHC). 125,525 are owned by Monarch Ptnrs Asset Management Ltd Limited Liability Company. The Massachusetts-based Martingale Asset Management Ltd Partnership has invested 0.07% in National General Holdings Corp. (NASDAQ:NGHC). Millennium Mgmt Limited Co holds 0.01% of its portfolio in National General Holdings Corp. (NASDAQ:NGHC) for 355,419 shares. Horizon Kinetics reported 22,038 shares stake.

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