683 Capital Management Lowered Fortress Investment Group Ll (FIG) Stake; CORUS ENTERTAINMT B (CJREF) Shorts Up By 44.22%

December 7, 2017 - By Michael Collier

683 Capital Management Llc decreased Fortress Investment Group Ll (FIG) stake by 22.18% reported in 2017Q2 SEC filing. 683 Capital Management Llc sold 300,000 shares as Fortress Investment Group Ll (FIG)’s stock declined 0.63%. The 683 Capital Management Llc holds 1.05 million shares with $8.41 million value, down from 1.35M last quarter. Fortress Investment Group Ll now has $3.03 billion valuation. The stock decreased 0.13% or $0.01 during the last trading session, reaching $7.8. About 227,671 shares traded. Fortress Investment Group LLC (NYSE:FIG) has risen 64.73% since December 7, 2016 and is uptrending. It has outperformed by 48.03% the S&P500.

CORUS ENTERTAINMT B (OTCMKTS:CJREF) had an increase of 44.22% in short interest. CJREF’s SI was 219,500 shares in December as released by FINRA. Its up 44.22% from 152,200 shares previously. With 95,100 avg volume, 2 days are for CORUS ENTERTAINMT B (OTCMKTS:CJREF)’s short sellers to cover CJREF’s short positions. The stock decreased 0.72% or $0.0649 during the last trading session, reaching $8.9541. About 3,048 shares traded. Corus Entertainment Inc. (OTCMKTS:CJREF) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. The company has market cap of $1.86 billion. It operates through two divisions, Television and Radio. It has a 14.12 P/E ratio. The Television segment operates 45 specialty television networks and 15 conventional television stations.

Analysts await Fortress Investment Group LLC (NYSE:FIG) to report earnings on February, 27. They expect $0.27 EPS, 0.00% or $0.00 from last year’s $0.27 per share. FIG’s profit will be $104.92M for 7.22 P/E if the $0.27 EPS becomes a reality. After $0.73 actual EPS reported by Fortress Investment Group LLC for the previous quarter, Wall Street now forecasts -63.01% negative EPS growth.

Investors sentiment increased to 1.36 in 2017 Q2. Its up 0.28, from 1.08 in 2017Q1. It is positive, as 16 investors sold FIG shares while 23 reduced holdings. 13 funds opened positions while 40 raised stakes. 141.00 million shares or 0.27% less from 141.38 million shares in 2017Q1 were reported. Sandell Asset invested in 68,400 shares. Illinois-based Grp One Trading Lp has invested 0.05% in Fortress Investment Group LLC (NYSE:FIG). Jpmorgan Chase holds 0.02% or 12.88 million shares. Gluskin Sheff Associate invested 0.26% in Fortress Investment Group LLC (NYSE:FIG). Guggenheim Lc owns 170,351 shares. Veritable Lp has invested 0.01% in Fortress Investment Group LLC (NYSE:FIG). Citadel Lc accumulated 60,898 shares. York Cap Mgmt Glob Advisors has invested 1.13% in Fortress Investment Group LLC (NYSE:FIG). Wells Fargo Mn stated it has 2.40 million shares. Creative Planning invested 0% of its portfolio in Fortress Investment Group LLC (NYSE:FIG). Indexiq has invested 0.1% in Fortress Investment Group LLC (NYSE:FIG). Lombard Odier Asset Mngmt (Usa) owns 0.16% invested in Fortress Investment Group LLC (NYSE:FIG) for 250,000 shares. Water Island Limited Liability reported 8.80 million shares or 3.31% of all its holdings. Glenmede Tru Company Na owns 158 shares or 0% of their US portfolio. Alpine Global Ltd invested in 500,000 shares or 1.24% of the stock.

Among 6 analysts covering Fortress Investment Group Llc (NYSE:FIG), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Fortress Investment Group Llc had 18 analyst reports since October 7, 2015 according to SRatingsIntel. The stock of Fortress Investment Group LLC (NYSE:FIG) has “Hold” rating given on Thursday, August 3 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Thursday, November 9 with “Hold”. The stock of Fortress Investment Group LLC (NYSE:FIG) earned “Market Perform” rating by Wood on Monday, July 11. The rating was downgraded by JMP Securities to “Mkt Perform” on Wednesday, March 8. The rating was maintained by Jefferies on Thursday, November 2 with “Hold”. On Thursday, February 25 the stock rating was maintained by RBC Capital Markets with “Outperform”. The rating was maintained by Jefferies with “Hold” on Monday, September 25. The stock of Fortress Investment Group LLC (NYSE:FIG) has “Outperform” rating given on Monday, October 26 by RBC Capital Markets. Wood maintained Fortress Investment Group LLC (NYSE:FIG) rating on Friday, October 14. Wood has “Market Perform” rating and $5.75 target. The firm has “Hold” rating given on Monday, September 4 by Keefe Bruyette & Woods.

683 Capital Management Llc increased Alps Etf Tr (Call) (AMLP) stake by 187,000 shares to 570,000 valued at $6.82 million in 2017Q2. It also upped Etsy Inc stake by 305,700 shares and now owns 960,000 shares. Sequential Brnds Group Inc N was raised too.

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By1 Michael Collier




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