Kings Point Capital Management Boosted Position in Crown Castle Intl (CCI); Bares Capital Management Trimmed Position in America’s Car (CRMT) as Shares Declined

February 21, 2018 - By wolcottdaily

Brian Bares decreased its stake in America’s Car (CRMT) by 61.43% based on its latest 2017Q3 regulatory filing with the SEC. Bares Capital Management Inc sold 469,037 shares as the company’s stock declined 9.91% while stock markets rallied. The hedge fund run by Brian Bares held 294,477 shares of the consumer durables company at the end of 2017Q3, valued at $12.11M, down from 763,514 at the end of the previous reported quarter. Bares Capital Management Inc who had been investing in America’s Car for a number of months, seems to be less bullish one the $351.78M market cap company. The stock increased 2.50% or $1.2 during the last trading session, reaching $49.2. About 23,803 shares traded. America's Car-Mart, Inc. (NASDAQ:CRMT) has risen 53.64% since February 21, 2017 and is uptrending. It has outperformed by 36.94% the S&P500.

Kings Point Capital Management increased its stake in Crown Castle Intl Corp (CCI) by 9.66% based on its latest 2017Q3 regulatory filing with the SEC. Kings Point Capital Management bought 3,258 shares as the company’s stock rose 11.44% with the market. The institutional investor held 36,989 shares of the real estate investment trusts company at the end of 2017Q3, valued at $3.70M, up from 33,731 at the end of the previous reported quarter. Kings Point Capital Management who had been investing in Crown Castle Intl Corp for a number of months, seems to be bullish on the $44.03B market cap company. The stock decreased 0.18% or $0.19 during the last trading session, reaching $108.38. About 931,611 shares traded. Crown Castle International Corp. (NYSE:CCI) has risen 11.07% since February 21, 2017 and is uptrending. It has underperformed by 5.63% the S&P500.

Among 20 analysts covering Crown Castle International Corp (NYSE:CCI), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Crown Castle International Corp had 60 analyst reports since July 21, 2015 according to SRatingsIntel. Macquarie Research maintained the shares of CCI in report on Wednesday, July 19 with “Buy” rating. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 2. The firm has “Buy” rating by Suntrust Robinson given on Thursday, February 25. Cowen & Co maintained it with “Buy” rating and $115.0 target in Thursday, January 25 report. The rating was maintained by Deutsche Bank on Thursday, June 8 with “Buy”. KeyBanc Capital Markets maintained the stock with “Hold” rating in Monday, November 27 report. The firm has “Buy” rating given on Friday, September 8 by Bank of America. On Friday, September 16 the stock rating was maintained by Citigroup with “Neutral”. Oppenheimer maintained the stock with “Buy” rating in Wednesday, July 19 report. Jefferies maintained the shares of CCI in report on Monday, July 10 with “Buy” rating.

Investors sentiment increased to 1.58 in Q3 2017. Its up 0.27, from 1.31 in 2017Q2. It improved, as 46 investors sold CCI shares while 172 reduced holdings. 72 funds opened positions while 272 raised stakes. 377.71 million shares or 14.61% more from 329.57 million shares in 2017Q2 were reported. Rfg Advisory Group Ltd Company has invested 0.33% in Crown Castle International Corp. (NYSE:REIT). Asset One owns 730,087 shares. Natixis owns 3,177 shares. Bill Melinda Gates Foundation Tru accumulated 2.07% or 5.33 million shares. Naples Global Advsrs Lc owns 0.21% invested in Crown Castle International Corp. (NYSE:REIT) for 6,336 shares. 85,455 are held by Davis Selected Advisers. Duff Phelps Inv Mngmt holds 1.43% or 1.02 million shares. Moody National Bank & Trust Division reported 5,640 shares. Pnc Finance Serv Grp Inc Inc holds 0.01% or 50,747 shares in its portfolio. Sterling Capital Management Ltd Liability Corp holds 0.58% or 618,973 shares. Toronto Dominion Comml Bank holds 0.05% or 153,952 shares in its portfolio. Janney Montgomery Scott Lc invested in 36,141 shares or 0.04% of the stock. Australia-based Westpac Corporation has invested 0.22% in Crown Castle International Corp. (NYSE:REIT). Obermeyer Wood Counsel Lllp has invested 2.8% in Crown Castle International Corp. (NYSE:REIT). Exane Derivatives owns 0.12% invested in Crown Castle International Corp. (NYSE:REIT) for 6,269 shares.

Kings Point Capital Management, which manages about $448.23M US Long portfolio, decreased its stake in Accenture Plc Ireland Cla (NYSE:ACN) by 2,968 shares to 66,797 shares, valued at $9.02M in 2017Q3, according to the filing. It also reduced its holding in Verizon Communications Co (NYSE:VZ) by 7,126 shares in the quarter, leaving it with 9,099 shares, and cut its stake in Booz Allen Hamilton Hldg Cor (NYSE:BAH).

Investors sentiment increased to 0.82 in 2017 Q3. Its up 0.05, from 0.77 in 2017Q2. It increased, as 9 investors sold CRMT shares while 25 reduced holdings. 11 funds opened positions while 17 raised stakes. 5.09 million shares or 10.47% less from 5.68 million shares in 2017Q2 were reported. Credit Suisse Ag invested 0% in America's Car-Mart, Inc. (NASDAQ:CRMT). Citadel Advsrs Ltd Liability Com reported 0% of its portfolio in America's Car-Mart, Inc. (NASDAQ:CRMT). Tower Limited (Trc) invested in 1,127 shares or 0% of the stock. 6,200 are owned by Ellington Limited Liability Corp. Dimensional Fund Advisors Limited Partnership accumulated 573,608 shares or 0.01% of the stock. Smith Moore invested 0.06% in America's Car-Mart, Inc. (NASDAQ:CRMT). Vanguard Gp accumulated 325,719 shares. Deutsche National Bank Ag accumulated 0% or 39,690 shares. State Street reported 0% of its portfolio in America's Car-Mart, Inc. (NASDAQ:CRMT). Horrell Capital Mngmt has 0.64% invested in America's Car-Mart, Inc. (NASDAQ:CRMT) for 28,070 shares. California State Teachers Retirement System invested in 11,680 shares. Renaissance Technologies Limited Liability Com has invested 0% of its portfolio in America's Car-Mart, Inc. (NASDAQ:CRMT). Pub Employees Retirement Association Of Colorado has invested 0% in America's Car-Mart, Inc. (NASDAQ:CRMT). D E Shaw And Communications Incorporated holds 6,863 shares. Kennedy Capital Mgmt has 0.2% invested in America's Car-Mart, Inc. (NASDAQ:CRMT).

Among 6 analysts covering America's Car-Mart (NASDAQ:CRMT), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. America's Car-Mart had 15 analyst reports since August 24, 2015 according to SRatingsIntel. On Friday, November 20 the stock rating was downgraded by CL King to “Neutral”. As per Tuesday, August 25, the company rating was downgraded by Zacks. Stephens maintained it with “Hold” rating and $50.0 target in Wednesday, January 3 report. The firm earned “Hold” rating on Monday, November 20 by Jefferies. The firm earned “Buy” rating on Tuesday, March 15 by Sidoti. As per Wednesday, January 10, the company rating was maintained by Jefferies. The firm has “Equal-Weight” rating given on Tuesday, August 25 by Stephens. Jefferies maintained the stock with “Hold” rating in Monday, August 24 report. The firm has “Buy” rating by Bank of America given on Wednesday, October 19. The rating was maintained by Jefferies with “Hold” on Thursday, August 17.

Bares Capital Management Inc, which manages about $984.50M and $2.22 billion US Long portfolio, upped its stake in Waters Corporation (NYSE:WAT) by 4,663 shares to 728,948 shares, valued at $130.86 million in 2017Q3, according to the filing. It also increased its holding in Under Armour Inc Cl C by 447,650 shares in the quarter, for a total of 8.09M shares, and has risen its stake in Box Inc.

Since September 1, 2017, it had 0 buys, and 3 sales for $1.57 million activity. On Friday, September 1 the insider HIGHT EDDIE L sold $1.08M.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 wolcottdaily

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: