Glenhill Advisors Has Increased By $29.09 Million Its Commscope Hldg Co (COMM) Position; Donegal Group (DGICA) Has 1.46 Sentiment

November 15, 2017 - By Linda Rogers

Glenhill Advisors Llc increased Commscope Hldg Co Inc (COMM) stake by 170.35% reported in 2017Q2 SEC filing. Glenhill Advisors Llc acquired 765,633 shares as Commscope Hldg Co Inc (COMM)’s stock declined 6.21%. The Glenhill Advisors Llc holds 1.22 million shares with $46.21M value, up from 449,447 last quarter. Commscope Hldg Co Inc now has $6.37 billion valuation. The stock declined 1.39% or $0.47 reaching $33.37 on the news. About 4,724 shares traded. Commscope Holding Company Inc (NASDAQ:COMM) has risen 25.42% since November 15, 2016 and is uptrending. It has outperformed by 8.72% the S&P500.

Donegal Group Inc. is an insurance holding firm whose insurance subsidiaries offer personal and commercial lines of property and casualty insurance. The company has market cap of $461.87 million. The Firm offered its insurance business to various businesses and individuals in 21 Mid-Atlantic, Midwestern, New England and Southern states, as of December 31, 2016. It has a 31.03 P/E ratio. It has four divisions: investment function, personal lines of insurance, commercial lines of insurance and investment in Donegal Financial Services Corporation (DFSC).

About shares traded. Donegal Group Inc. (DGICA) has risen 2.91% since November 15, 2016 and is uptrending. It has underperformed by 13.79% the S&P500.

Philadelphia Trust Co holds 0.73% of its portfolio in Donegal Group Inc. for 541,423 shares. Logan Capital Management Inc owns 223,703 shares or 0.27% of their US portfolio. Moreover, Minerva Advisors Llc has 0.25% invested in the company for 28,162 shares. The Illinois-based Ativo Capital Management Llc has invested 0.23% in the stock. Heartland Advisors Inc, a Wisconsin-based fund reported 183,651 shares.

Analysts await Donegal Group Inc. (NASDAQ:DGICA) to report earnings on February, 16. They expect $0.39 EPS, up 95.00% or $0.19 from last year’s $0.2 per share. DGICA’s profit will be $10.50M for 10.99 P/E if the $0.39 EPS becomes a reality. After $0.25 actual EPS reported by Donegal Group Inc. for the previous quarter, Wall Street now forecasts 56.00% EPS growth.

Investors sentiment decreased to 1.24 in Q2 2017. Its down 0.03, from 1.27 in 2017Q1. It worsened, as 52 investors sold COMM shares while 81 reduced holdings. 59 funds opened positions while 106 raised stakes. 192.66 million shares or 3.50% more from 186.14 million shares in 2017Q1 were reported. Oppenheimer Asset Inc, New York-based fund reported 9,983 shares. 1.03M are held by Dimensional Fund Lp. Veritable LP stated it has 14,389 shares. British Columbia Invest Mngmt invested in 0.02% or 79,722 shares. The Texas-based Maverick Capital Ltd has invested 2.37% in Commscope Holding Company Inc (NASDAQ:COMM). Comerica Bankshares holds 8,046 shares. Paloma Ptnrs Comm holds 0.01% in Commscope Holding Company Inc (NASDAQ:COMM) or 11,188 shares. Aqr Cap Mgmt Lc invested in 1.23 million shares or 0.06% of the stock. Thompson Siegel Walmsley Lc reported 0.04% of its portfolio in Commscope Holding Company Inc (NASDAQ:COMM). Clearbridge Ltd Limited Liability Company invested in 0% or 221 shares. Macquarie Gru Limited holds 0.16% of its portfolio in Commscope Holding Company Inc (NASDAQ:COMM) for 2.32M shares. Clear Harbor Asset Llc reported 96,891 shares. The Tennessee-based First Mercantile Trust Company has invested 0.13% in Commscope Holding Company Inc (NASDAQ:COMM). Missouri-based Stifel Financial Corp has invested 0% in Commscope Holding Company Inc (NASDAQ:COMM). Trafelet Brokaw Mgmt Ltd Partnership reported 237,100 shares.

Glenhill Advisors Llc decreased Hyatt Hotels Corp (NYSE:H) stake by 435,334 shares to 331,272 valued at $18.62 million in 2017Q2. It also reduced Office Depot Inc (NASDAQ:ODP) stake by 4.14M shares and now owns 2.64M shares. Cambrex Corp (NYSE:CBM) was reduced too.

Among 12 analysts covering CommScope Holding (NASDAQ:COMM), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. CommScope Holding had 30 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Commscope Holding Company Inc (NASDAQ:COMM) earned “Market Perform” rating by Northland Capital on Tuesday, November 10. The firm has “Hold” rating given on Monday, October 16 by Northland Capital. The stock of Commscope Holding Company Inc (NASDAQ:COMM) has “Buy” rating given on Tuesday, October 10 by Jefferies. JP Morgan upgraded the shares of COMM in report on Thursday, December 17 to “Overweight” rating. The rating was maintained by Northland Capital with “Hold” on Tuesday, August 8. BTIG Research initiated the shares of COMM in report on Friday, June 17 with “Buy” rating. As per Friday, August 4, the company rating was downgraded by Longbow. The rating was upgraded by Cross Research to “Buy” on Monday, February 22. The firm has “Overweight” rating given on Thursday, August 17 by Morgan Stanley. On Thursday, November 2 the stock rating was maintained by Citigroup with “Buy”.

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By1 Linda Rogers




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