Conagra Brands (CAG) Holder First Quadrant LP Has Boosted Its Stake by $2.70 Million; Gilder Gagnon Howe & Co Has Decreased Allegiant Travel Co Com (ALGT) Position as Share Price Declined

February 19, 2018 - By Marie Mckinney

First Quadrant LP increased its stake in Conagra Brands Inc (CAG) by 85.27% based on its latest 2017Q3 regulatory filing with the SEC. First Quadrant LP bought 81,811 shares as the company’s stock declined 4.77% while stock markets rallied. The institutional investor held 177,757 shares of the consumer non-durables company at the end of 2017Q3, valued at $6.00M, up from 95,946 at the end of the previous reported quarter. First Quadrant LP who had been investing in Conagra Brands Inc for a number of months, seems to be bullish on the $14.52B market cap company. The stock decreased 0.30% or $0.11 during the last trading session, reaching $36.25. About 3.20M shares traded. Conagra Brands, Inc. (NYSE:CAG) has risen 8.39% since February 19, 2017 and is uptrending. It has underperformed by 8.31% the S&P500.

Gilder Gagnon Howe & Co Llc decreased its stake in Allegiant Travel Co Com (ALGT) by 2.18% based on its latest 2017Q3 regulatory filing with the SEC. Gilder Gagnon Howe & Co Llc sold 2,418 shares as the company’s stock declined 16.77% while stock markets rallied. The institutional investor held 108,497 shares of the air freight and delivery services company at the end of 2017Q3, valued at $14.29M, down from 110,915 at the end of the previous reported quarter. Gilder Gagnon Howe & Co Llc who had been investing in Allegiant Travel Co Com for a number of months, seems to be less bullish one the $2.66B market cap company. The stock decreased 0.30% or $0.5 during the last trading session, reaching $167. About 80,724 shares traded. Allegiant Travel Company (NASDAQ:ALGT) has risen 1.38% since February 19, 2017 and is uptrending. It has underperformed by 15.32% the S&P500.

Since October 13, 2017, it had 0 insider purchases, and 2 insider sales for $5.47 million activity. On Thursday, January 4 the insider Wise Robert G sold $877,536.

First Quadrant L P, which manages about $16.82B and $5.17 billion US Long portfolio, decreased its stake in Dolby Laboratories Inc Cl A (NYSE:DLB) by 111,448 shares to 67,952 shares, valued at $3.91M in 2017Q3, according to the filing. It also reduced its holding in F5 Networks Inc (NASDAQ:FFIV) by 11,743 shares in the quarter, leaving it with 175,710 shares, and cut its stake in Commscope Holding Co Inc (NASDAQ:COMM).

Among 14 analysts covering ConAgra Foods (NYSE:CAG), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. ConAgra Foods had 46 analyst reports since September 16, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, February 12 by Bank of America. JP Morgan maintained Conagra Brands, Inc. (NYSE:CAG) on Wednesday, April 6 with “Overweight” rating. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, November 7 report. The firm has “Neutral” rating given on Monday, September 25 by Credit Suisse. RBC Capital Markets maintained Conagra Brands, Inc. (NYSE:CAG) rating on Monday, June 26. RBC Capital Markets has “Buy” rating and $4500 target. As per Wednesday, November 9, the company rating was reinitiated by JP Morgan. UBS upgraded it to “Hold” rating and $37.0 target in Tuesday, December 12 report. As per Friday, December 23, the company rating was maintained by Credit Suisse. The firm has “Underperform” rating by Bernstein given on Tuesday, March 21. The rating was maintained by Deutsche Bank with “Hold” on Friday, September 25.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.17, from 0.82 in 2017Q2. It increased, as 53 investors sold CAG shares while 197 reduced holdings. 66 funds opened positions while 181 raised stakes. 310.77 million shares or 1.88% less from 316.73 million shares in 2017Q2 were reported. Washington Tru National Bank holds 5,634 shares or 0.03% of its portfolio. Scotia Capital reported 0.02% stake. Ww Asset invested in 0.04% or 37,384 shares. Ubs Asset Mgmt Americas, Illinois-based fund reported 2.34M shares. Public Employees Retirement Association Of Colorado reported 79,137 shares. Kentucky Retirement Sys Insur Trust Fund invested in 0.06% or 10,689 shares. Bankshares Of Ny Mellon has invested 0.07% in Conagra Brands, Inc. (NYSE:CAG). Korea Investment Corporation, a Korea-based fund reported 437,132 shares. Cleararc Cap reported 10,660 shares stake. Winfield Assoc has invested 0% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). First Quadrant Ltd Partnership Ca has invested 0.12% in Conagra Brands, Inc. (NYSE:CAG). Carlson Capital LP owns 516,315 shares or 0.3% of their US portfolio. Bridges Inv Counsel Incorporated reported 9,600 shares stake. Macquarie Group Inc, a Australia-based fund reported 21,900 shares. Massachusetts-based Liberty Mutual Grp Inc Asset Incorporated has invested 0.03% in Conagra Brands, Inc. (NYSE:CAG).

Gilder Gagnon Howe & Co Llc, which manages about $6.26B and $7.11 billion US Long portfolio, upped its stake in Cloudera Inc Com by 68,524 shares to 115,036 shares, valued at $1.91 million in 2017Q3, according to the filing. It also increased its holding in Workday Inc Com Usd0.001 Cl A (NYSE:WDAY) by 15,147 shares in the quarter, for a total of 124,246 shares, and has risen its stake in Teladoc Inc Com.

Among 14 analysts covering Allegiant Travel (NASDAQ:ALGT), 5 have Buy rating, 1 Sell and 8 Hold. Therefore 36% are positive. Allegiant Travel had 52 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Monday, February 5 by Morgan Stanley. As per Monday, January 8, the company rating was maintained by Cowen & Co. The stock of Allegiant Travel Company (NASDAQ:ALGT) earned “Equal-Weight” rating by Morgan Stanley on Monday, November 13. The stock of Allegiant Travel Company (NASDAQ:ALGT) earned “Buy” rating by Buckingham Research on Friday, September 23. The firm has “Underweight” rating by Barclays Capital given on Friday, April 15. Cowen & Co maintained Allegiant Travel Company (NASDAQ:ALGT) on Thursday, April 28 with “Market Perform” rating. The firm has “Buy” rating by Sidoti given on Thursday, January 28. As per Thursday, July 27, the company rating was downgraded by Evercore. Cowen & Co maintained the shares of ALGT in report on Wednesday, December 2 with “Market Perform” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, January 10.

Since October 27, 2017, it had 0 insider buys, and 2 insider sales for $31.27 million activity. Shares for $808,188 were sold by Sheldon Scott on Friday, October 27.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.42, from 1.22 in 2017Q2. It dived, as 28 investors sold ALGT shares while 61 reduced holdings. 22 funds opened positions while 49 raised stakes. 13.79 million shares or 4.93% more from 13.14 million shares in 2017Q2 were reported. 3,901 are held by Jefferies Gru. Midas Mgmt Corp accumulated 1.08% or 15,482 shares. Dimensional Fund Advisors LP reported 413,656 shares. 246,126 are held by Price T Rowe Assocs Md. Johnson Group Inc invested in 100 shares. Schwab Charles Management Inc holds 82,373 shares. The Utah-based Wasatch has invested 1.23% in Allegiant Travel Company (NASDAQ:ALGT). Susquehanna Interest Group Ltd Liability Partnership, a Pennsylvania-based fund reported 6,927 shares. Amalgamated Financial Bank stated it has 0.01% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT). Ameritas Investment Ptnrs has invested 0.01% in Allegiant Travel Company (NASDAQ:ALGT). Deutsche Fincl Bank Ag has invested 0% in Allegiant Travel Company (NASDAQ:ALGT). Parametric Port Limited Company invested in 24,019 shares or 0% of the stock. Capital Fund Management owns 53,528 shares or 0.05% of their US portfolio. Guggenheim Lc stated it has 0% of its portfolio in Allegiant Travel Company (NASDAQ:ALGT). Citigroup owns 2,513 shares or 0% of their US portfolio.

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By1 Marie Mckinney

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