Vnbtrust National Association Holding in Viasat (VSAT) Lifted as Shares Declined; Conocophillips (COP) Share Value Rose While Commerce Bank Has Trimmed Stake by $476,602

June 20, 2018 - By Richard Conner

Viasat, Inc. (NASDAQ:VSAT) Logo

Vnbtrust National Association increased its stake in Viasat Inc (VSAT) by 24.75% based on its latest 2018Q1 regulatory filing with the SEC. Vnbtrust National Association bought 35,223 shares as the company’s stock declined 12.82% with the market. The institutional investor held 177,518 shares of the technology company at the end of 2018Q1, valued at $11.67 million, up from 142,295 at the end of the previous reported quarter. Vnbtrust National Association who had been investing in Viasat Inc for a number of months, seems to be bullish on the $3.78 billion market cap company. The stock decreased 0.45% or $0.29 during the last trading session, reaching $64.21. About 327,596 shares traded. Viasat, Inc. (NASDAQ:VSAT) has declined 6.44% since June 20, 2017 and is downtrending. It has underperformed by 19.01% the S&P500. Some Historical VSAT News: 24/05/2018 – VIASAT 4Q REV. $439.7M, EST. $423.8M; 12/03/2018 – VIASAT INC – PURCHASE PRICE FOR ANTENNAS WAS NOT DISCLOSED; 17/05/2018 – Viasat’s Fast Ka-Band In-flight Internet Service Available to More Global Business Aircraft Through Expanded Relationship with Honeywell GoDirect Cabin Services; 06/04/2018 – VIASAT INC – CONFIRMED THAT EUTELSAT’S VIASAT-3 DECISION HAS NO DIRECT IMPACT ON EXISTING CONTRACTS; 17/05/2018 – ViaSat Favored by 5 Hedge Funds, 13Fs Show; 08/03/2018 SES SA SESFg.LU – ALCAN, ISOTROPIC SYSTEMS AND VIASAT TO DEVELOP APPLICATION-SPECIFIC ANTENNAS TO SERVE O3B MPOWER CUSTOMER EDGE TERMINALS; 06/04/2018 – VIASAT INC – VIASAT-3 PROGRAM FOR EUROPE, MIDDLE EAST AND AFRICA (EMEA) IS “WELL UNDERWAY AND ON TRACK”; 04/04/2018 – ViaSat Company Marketing Scheduled By FBR for Apr. 11; 06/04/2018 – VIASAT INC – CONFIRMED IT WILL NOT BE MOVING FORWARD WITH EUTELSAT COMMUNICATIONS ON A DEAL FOR USE OF VIASAT-3 SATELLITE; 06/04/2018 – VIASAT INC – “BELIEVES THERE IS SIGNIFICANT INTEREST IN VIASAT-3 PROGRAM FROM PROSPECTIVE REGIONAL PARTNERS”

Commerce Bank decreased its stake in Conocophillips (COP) by 4.5% based on its latest 2018Q1 regulatory filing with the SEC. Commerce Bank sold 8,078 shares as the company’s stock rose 15.69% while stock markets declined. The institutional investor held 171,383 shares of the integrated oil company at the end of 2018Q1, valued at $10.16M, down from 179,461 at the end of the previous reported quarter. Commerce Bank who had been investing in Conocophillips for a number of months, seems to be less bullish one the $77.53 billion market cap company. The stock decreased 0.51% or $0.34 during the last trading session, reaching $66.26. About 5.21M shares traded. ConocoPhillips (NYSE:COP) has risen 45.33% since June 20, 2017 and is uptrending. It has outperformed by 32.76% the S&P500. Some Historical COP News: 06/03/2018 – CERAWEEK-U.S. shale and OPEC share steak in uneasy truce at Houston dinner; 17/04/2018 – Malaysia’s Kimanis crude supplies to drop in June -traders; 11/05/2018 – PDVSA retrenches in Caribbean as Conoco seizures weigh on operations; 15/05/2018 – CONOCOPHILLIPS COP.N CEO SAYS ‘CONCERNED’ ABOUT PUTTING CARIBBEAN NATIONS IN THE MIDDLE OF ITS DISPUTE WITH PDVSA PDVSA.UL; 08/05/2018 – CURACAO FACES ‘POTENTIAL CRISIS’ FROM LEGAL DISPUTE BETWEEN CONOCO AND VENEZUELA’S PDVSA – PRIME MINISTER; 11/05/2018 – EXCLUSIVE-PDVSA to shut Curacao refinery amid fight with Conoco; 10/05/2018 – ConocoPhillips Disrupts PDVSA’s Exports (Video); 16/05/2018 – U.S. STATE DEPT REMAINS IN CLOSE CONTACT WITH CARIBBEAN PARTNERS TO REDUCE RISK OF OIL SUPPLY DISRUPTIONS – SPOKESMAN; 07/05/2018 – TANKERS IN THE CARIBBEAN CARRYING PDVSA’S OIL HAVE MOSTLY MOVED TO VENEZUELAN, CUBAN WATERS TO AVOID COURT ACTION BY CONOCO -REUTERS DATA; 25/04/2018 – COP: TRIBUNAL RULES CO. IS OWED $2.04B IN DISPUTE WITH PDVSA

More recent Viasat, Inc. (NASDAQ:VSAT) news were published by: Streetinsider.com which released: “ViaSat (VSAT) Announces Acquisition of Horsebridge Defence & Security” on June 13, 2018. Also Seekingalpha.com published the news titled: “ViaSat, Inc. 2018 Q4 – Results – Earnings Call Slides” on May 25, 2018. Seekingalpha.com‘s news article titled: “ViaSat, Inc. (VSAT) CEO Mark Dankberg on Q4 2018 Results – Earnings Call Transcript” with publication date: May 25, 2018 was also an interesting one.

Investors sentiment decreased to 1.07 in Q1 2018. Its down 0.31, from 1.38 in 2017Q4. It dived, as 16 investors sold VSAT shares while 58 reduced holdings. 17 funds opened positions while 62 raised stakes. 61.74 million shares or 0.29% more from 61.56 million shares in 2017Q4 were reported. Blackrock has 5.97M shares. Herald Inv Mngmt Limited reported 1.96% of its portfolio in Viasat, Inc. (NASDAQ:VSAT). Retirement System Of Alabama stated it has 70,827 shares. Bridger Management Ltd Limited Liability Company has 2.28% invested in Viasat, Inc. (NASDAQ:VSAT) for 570,979 shares. Tiaa Cref Invest Ltd Liability stated it has 0.01% in Viasat, Inc. (NASDAQ:VSAT). The California-based Mountain Lake Invest Management Limited Liability Co has invested 11.43% in Viasat, Inc. (NASDAQ:VSAT). 3,576 are owned by Lpl Limited Liability Company. Delaware-based Ashford Mngmt has invested 2.96% in Viasat, Inc. (NASDAQ:VSAT). Credit Suisse Ag owns 70,861 shares. Envestnet Asset Mgmt holds 0% or 880 shares. Legal General Group Plc accumulated 59,795 shares. 1,000 are held by Reilly Fincl Advisors Limited Liability Corporation. Zeke Cap Advsrs Ltd Liability invested in 0.02% or 3,216 shares. Sylebra Hk Co Limited has invested 2.71% of its portfolio in Viasat, Inc. (NASDAQ:VSAT). Fifth Third National Bank & Trust holds 0% or 287 shares.

Since March 1, 2018, it had 0 buys, and 14 sales for $2.20 million activity. Blair Robert James also sold $331,908 worth of Viasat, Inc. (NASDAQ:VSAT) on Friday, June 8. 700 shares were sold by STENBIT JOHN P, worth $48,902 on Thursday, March 1. LAY B ALLEN sold $320,000 worth of stock or 5,000 shares. Lippert Keven K had sold 4,000 shares worth $249,240. Del Toro Melinda Michele also sold $401,916 worth of Viasat, Inc. (NASDAQ:VSAT) on Wednesday, June 13. Shares for $145,298 were sold by NASH JEFFREY M on Thursday, March 15.

Among 14 analysts covering ViaSat (NASDAQ:VSAT), 6 have Buy rating, 4 Sell and 4 Hold. Therefore 43% are positive. ViaSat had 25 analyst reports since October 13, 2015 according to SRatingsIntel. The firm has “Sell” rating by Barclays Capital given on Thursday, March 29. The rating was upgraded by Wells Fargo on Tuesday, January 31 to “Outperform”. The company was maintained on Wednesday, November 9 by Wunderlich. The firm has “Sell” rating by Drexel Hamilton given on Monday, May 23. Needham upgraded the shares of VSAT in report on Friday, November 10 to “Buy” rating. On Friday, April 6 the stock rating was maintained by Needham with “Buy”. The rating was maintained by RBC Capital Markets on Tuesday, March 27 with “Sell”. The firm has “Hold” rating by Wunderlich given on Friday, June 2. On Thursday, October 5 the stock rating was maintained by RBC Capital Markets with “Sell”. The stock of Viasat, Inc. (NASDAQ:VSAT) earned “Sell” rating by RBC Capital Markets on Tuesday, November 21.

Since March 29, 2018, it had 0 insider purchases, and 8 selling transactions for $20.96 million activity. 25,000 shares were sold by LUNDQUIST ANDREW D, worth $1.47 million. Another trade for 3,716 shares valued at $243,586 was sold by Freeman Jody. The insider Schwarz Glenda Mae sold 6,763 shares worth $439,862.

Commerce Bank, which manages about $7.58 billion US Long portfolio, upped its stake in Stryker Corp (NYSE:SYK) by 1,985 shares to 36,274 shares, valued at $5.84 million in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (EFA) by 21,114 shares in the quarter, for a total of 850,900 shares, and has risen its stake in Paychex Inc (NASDAQ:PAYX).

Analysts await ConocoPhillips (NYSE:COP) to report earnings on July, 26. They expect $0.92 EPS, up 557.14% or $0.78 from last year’s $0.14 per share. COP’s profit will be $1.08B for 18.01 P/E if the $0.92 EPS becomes a reality. After $0.96 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts -4.17% negative EPS growth.

Among 28 analysts covering ConocoPhillips (NYSE:COP), 17 have Buy rating, 1 Sell and 10 Hold. Therefore 61% are positive. ConocoPhillips had 104 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of ConocoPhillips (NYSE:COP) has “Underperform” rating given on Thursday, April 21 by Jefferies. The stock of ConocoPhillips (NYSE:COP) earned “Hold” rating by Edward Jones on Thursday, April 19. UBS maintained the shares of COP in report on Friday, February 5 with “Neutral” rating. As per Tuesday, November 15, the company rating was downgraded by CLSA. On Friday, July 28 the stock rating was maintained by Jefferies with “Buy”. The stock has “Hold” rating by Jefferies on Wednesday, September 7. The rating was maintained by Bank of America on Tuesday, October 20 with “Buy”. Cowen & Co maintained the shares of COP in report on Sunday, August 20 with “Buy” rating. The company was upgraded on Friday, October 28 by Piper Jaffray. The stock of ConocoPhillips (NYSE:COP) earned “Neutral” rating by Guggenheim on Wednesday, April 19.

Investors sentiment decreased to 0.67 in Q1 2018. Its down 0.05, from 0.72 in 2017Q4. It turned negative, as 51 investors sold COP shares while 555 reduced holdings. 101 funds opened positions while 302 raised stakes. 805.59 million shares or 0.00% less from 805.62 million shares in 2017Q4 were reported. M Kraus And holds 2% of its portfolio in ConocoPhillips (NYSE:COP) for 52,953 shares. Sunbelt holds 0.49% or 9,016 shares in its portfolio. Moreover, Cullen Capital Mngmt Ltd has 2.4% invested in ConocoPhillips (NYSE:COP). Sol Cap Management Communications invested 0.25% in ConocoPhillips (NYSE:COP). Cetera Advisor Network Ltd Limited Liability Company accumulated 37,711 shares or 0.1% of the stock. Hanson Mcclain has 1,772 shares. Wells Fargo And Company Mn reported 3.65M shares. Robeco Institutional Asset Bv owns 0.08% invested in ConocoPhillips (NYSE:COP) for 302,426 shares. Beacon Gp holds 0.16% or 15,596 shares in its portfolio. Honeywell reported 0.97% in ConocoPhillips (NYSE:COP). Daiwa Sb Invs Ltd holds 3.21% in ConocoPhillips (NYSE:COP) or 186,730 shares. Moreover, Wms Partners Ltd Liability Co has 0.05% invested in ConocoPhillips (NYSE:COP) for 7,273 shares. Moreover, Atlantic has 0.02% invested in ConocoPhillips (NYSE:COP). Vantage Advsrs Ltd Co owns 0.02% invested in ConocoPhillips (NYSE:COP) for 1,067 shares. Principal Gp Inc has invested 0.13% of its portfolio in ConocoPhillips (NYSE:COP).

More notable recent ConocoPhillips (NYSE:COP) news were published by: Seekingalpha.com which released: “Report: Venezuela preparing to restore oil exports, pay ConocoPhillips debt” on May 22, 2018, also Fool.com with their article: “ConocoPhillips and Chevron Stock Win Analysts’ Favor: What You Need to Know” published on June 11, 2018, Seekingalpha.com published: “Stocks To Watch: Don’t Sleep On Vienna” on June 16, 2018. More interesting news about ConocoPhillips (NYSE:COP) were released by: Benzinga.com and their article: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” published on June 19, 2018 as well as Fool.com‘s news article titled: “ConocoPhillips Could Be About to Get a Big Cash Infusion” with publication date: June 05, 2018.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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