Lafitte Capital Management LP Raised Its Hi (HCLP) Position by $6.00 Million; Ct Mason Position In Fifth Third Bancorp (FITB) Was Has Lifted

April 17, 2018 - By Dolores Ford

Fifth Third Bancorp (NASDAQ:FITB) Logo

Bryant Regan increased its stake in Hi (HCLP) by 24% based on its latest 2017Q4 regulatory filing with the SEC. Lafitte Capital Management Lp bought 600,000 shares as the company’s stock rose 10.50% while stock markets declined. The hedge fund run by Bryant Regan held 3.10 million shares of the mining & quarrying of nonmetallic minerals (no fuels) company at the end of 2017Q4, valued at $33.17M, up from 2.50 million at the end of the previous reported quarter. Lafitte Capital Management Lp who had been investing in Hi for a number of months, seems to be bullish on the $1.02B market cap company. The stock increased 0.22% or $0.025 during the last trading session, reaching $11.425. About 899,566 shares traded. Hi-Crush Partners LP (NYSE:HCLP) has declined 28.25% since April 17, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.

Ct Mason increased its stake in Fifth Third Bancorp (FITB) by 13.98% based on its latest 2017Q4 regulatory filing with the SEC. Ct Mason bought 30,240 shares as the company’s stock rose 1.62% while stock markets declined. The institutional investor held 246,536 shares of the major banks company at the end of 2017Q4, valued at $7.48 million, up from 216,296 at the end of the previous reported quarter. Ct Mason who had been investing in Fifth Third Bancorp for a number of months, seems to be bullish on the $20.85 billion market cap company. The stock decreased 2.25% or $0.71 during the last trading session, reaching $30.78. About 2.80 million shares traded. Fifth Third Bancorp (NASDAQ:FITB) has risen 26.73% since April 17, 2017 and is uptrending. It has outperformed by 15.18% the S&P500.

Among 21 analysts covering Hi-Crush Partners (NYSE:HCLP), 14 have Buy rating, 3 Sell and 4 Hold. Therefore 67% are positive. Hi-Crush Partners had 60 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Hi-Crush Partners LP (NYSE:HCLP) has “Outperform” rating given on Thursday, July 30 by Robert W. Baird. As per Wednesday, August 12, the company rating was downgraded by Robert W. Baird. The rating was upgraded by Johnson Rice on Monday, December 4 to “Buy”. On Tuesday, February 20 the stock rating was maintained by FBR Capital with “Buy”. Piper Jaffray maintained Hi-Crush Partners LP (NYSE:HCLP) rating on Tuesday, October 31. Piper Jaffray has “Buy” rating and $11.75 target. As per Friday, June 23, the company rating was initiated by Johnson Rice. Credit Suisse maintained Hi-Crush Partners LP (NYSE:HCLP) rating on Thursday, July 20. Credit Suisse has “Buy” rating and $1200 target. The firm has “Buy” rating by Guggenheim given on Monday, April 16. The firm has “Hold” rating by Wunderlich given on Thursday, October 1. The stock of Hi-Crush Partners LP (NYSE:HCLP) earned “Underperform” rating by Robert W. Baird on Tuesday, October 27.

Investors sentiment decreased to 0.73 in Q4 2017. Its down 0.15, from 0.88 in 2017Q3. It turned negative, as 22 investors sold HCLP shares while 27 reduced holdings. 13 funds opened positions while 23 raised stakes. 27.33 million shares or 26.43% less from 37.15 million shares in 2017Q3 were reported. Evergreen Cap Mngmt Limited Liability invested 0.12% in Hi-Crush Partners LP (NYSE:HCLP). Southport Limited Liability Corporation invested in 1.29% or 49,000 shares. Peconic Prtnrs Limited Liability Com stated it has 112,380 shares or 0.17% of all its holdings. Malaga Cove Cap Ltd Com owns 87,364 shares. Susquehanna International Grp Inc Ltd Liability Partnership reported 0% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP). Citadel Advsrs Lc has invested 0% in Hi-Crush Partners LP (NYSE:HCLP). 20,000 were reported by Caprock Grp. Blair William & Il invested in 0.01% or 77,650 shares. Next Fincl Gp stated it has 0.06% in Hi-Crush Partners LP (NYSE:HCLP). California Employees Retirement stated it has 0% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP). Hudock Capital Group Inc Lc invested in 549 shares. Guggenheim Cap Ltd Liability Corp holds 0.01% or 323,399 shares in its portfolio. Ing Groep Nv, Netherlands-based fund reported 450,000 shares. Baystate Wealth Mngmt Llc stated it has 423 shares or 0% of all its holdings. Atlantic has invested 0% in Hi-Crush Partners LP (NYSE:HCLP).

Lafitte Capital Management Lp, which manages about $255.42 million and $242.77M US Long portfolio, decreased its stake in U.S. Auto Parts Network Inc (NASDAQ:PRTS) by 350,000 shares to 1.84M shares, valued at $4.63 million in 2017Q4, according to the filing.

Ct Mason, which manages about $311.59M and $284.11 million US Long portfolio, decreased its stake in Enterprise Products Partners L (NYSE:EPD) by 86,247 shares to 174,132 shares, valued at $4.62M in 2017Q4, according to the filing. It also reduced its holding in Amc Networks Inc. (NASDAQ:AMCX) by 26,282 shares in the quarter, leaving it with 59,170 shares, and cut its stake in Cisco Systems Inc. (NASDAQ:CSCO).

Among 33 analysts covering Fifth Third (NASDAQ:FITB), 6 have Buy rating, 3 Sell and 24 Hold. Therefore 18% are positive. Fifth Third had 105 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Fifth Third Bancorp (NASDAQ:FITB) has “Hold” rating given on Tuesday, January 23 by BMO Capital Markets. The stock has “Neutral” rating by Robert W. Baird on Monday, June 5. As per Friday, October 2, the company rating was downgraded by Goldman Sachs. The firm earned “Hold” rating on Tuesday, August 15 by Piper Jaffray. Jefferies maintained the shares of FITB in report on Friday, May 27 with “Buy” rating. Keefe Bruyette & Woods maintained Fifth Third Bancorp (NASDAQ:FITB) on Wednesday, January 24 with “Hold” rating. The firm has “Neutral” rating by Nomura given on Thursday, September 28. The stock has “Neutral” rating by Sterne Agee CRT on Wednesday, April 6. The rating was downgraded by Sandler O’Neill on Monday, January 4 to “Hold”. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”.

Investors sentiment increased to 0.98 in 2017 Q4. Its up 0.33, from 0.65 in 2017Q3. It is positive, as 29 investors sold FITB shares while 210 reduced holdings. 74 funds opened positions while 161 raised stakes. 562.64 million shares or 2.26% less from 575.67 million shares in 2017Q3 were reported. Kepos Cap Limited Partnership owns 122,629 shares or 0.34% of their US portfolio. 2,277 are owned by Parkside Commercial Bank & Trust. Panagora Asset Mngmt stated it has 0.14% of its portfolio in Fifth Third Bancorp (NASDAQ:FITB). Commonwealth Comml Bank Of invested 0.04% of its portfolio in Fifth Third Bancorp (NASDAQ:FITB). Moreover, Advisory Research Inc has 0.01% invested in Fifth Third Bancorp (NASDAQ:FITB). Texas Permanent School Fund owns 0.07% invested in Fifth Third Bancorp (NASDAQ:FITB) for 192,618 shares. Sg Americas Securities Limited Liability Co stated it has 0.04% in Fifth Third Bancorp (NASDAQ:FITB). Schwartz Invest Counsel has invested 1.57% in Fifth Third Bancorp (NASDAQ:FITB). Advantus Capital Mgmt invested in 71,088 shares. The California-based Los Angeles Cap Management Equity Research Inc has invested 0.07% in Fifth Third Bancorp (NASDAQ:FITB). Employees Retirement Association Of Colorado invested 0.03% of its portfolio in Fifth Third Bancorp (NASDAQ:FITB). Artemis Inv Mgmt Ltd Liability Partnership has 0.45% invested in Fifth Third Bancorp (NASDAQ:FITB). Prudential Inc, a New Jersey-based fund reported 2.02M shares. The California-based Van Hulzen Asset Mgmt Ltd has invested 0.33% in Fifth Third Bancorp (NASDAQ:FITB). Legal And General Group Inc Public Ltd Co has 0.08% invested in Fifth Third Bancorp (NASDAQ:FITB).

Since October 26, 2017, it had 0 buys, and 12 insider sales for $7.27 million activity. 1,952 Fifth Third Bancorp (NASDAQ:FITB) shares with value of $64,436 were sold by McWilliams Jelena. $1.18 million worth of Fifth Third Bancorp (NASDAQ:FITB) was sold by Leonard James C.. The insider ANDERSON LARS C sold $530,570. The insider Hazel Mark D sold $644,747. Shares for $960,780 were sold by Forrest Frank R. on Wednesday, February 14. Immaneni Aravind sold $134,400 worth of stock or 4,000 shares.

Fifth Third Bancorp (NASDAQ:FITB) Institutional Positions Chart

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