Loomis Sayles & Company LP Has Increased Ritchie Bros Auctioneers (RBA) Stake; Rockshelter Capital Management Has Upped Its Spirit Airlines (SAVE) Stake

June 14, 2018 - By Hazel Jackson

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Logo

Loomis Sayles & Company LP increased Ritchie Bros Auctioneers (RBA) stake by 13.22% reported in 2018Q1 SEC filing. Loomis Sayles & Company LP acquired 28,988 shares as Ritchie Bros Auctioneers (RBA)’s stock rose 2.16%. The Loomis Sayles & Company LP holds 248,316 shares with $7.81M value, up from 219,328 last quarter. Ritchie Bros Auctioneers now has $3.82B valuation. The stock decreased 0.45% or $0.16 during the last trading session, reaching $35.43. About 232,898 shares traded. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) has risen 8.25% since June 14, 2017 and is uptrending. It has underperformed by 4.32% the S&P500. Some Historical RBA News: ; 06/03/2018 – Heat Magazine: EXCLUSIVE: Charlotte Crosby opens up about Joshua Ritchie romance; 10/05/2018 – RITCHIE BROS 1Q REV. $260.2M, EST. $154.3M; 07/03/2018 – Redline Communications Names Joan Ritchie as Financial Chief; 05/04/2018 – Ritchie Serves on Management Board, Oversees Global Markets; 10/05/2018 – Ritchie Bros. Auctioneers reports on voting results from the 2018 annual and special meeting of shareholders; 05/03/2018 Hometown Source: LWV Edina hosts Mark Ritchie; 05/04/2018 – Deutsche Bank’s Ritchie Is Said to Weigh Leaving Firm This Year; 17/05/2018 – Ritchie Bros. sells US$44+ million of equipment in Fort Worth, TX auction; 22/05/2018 – Ritchie Bros. sells €35+ million of equipment in Moerdijk, NLD auction; 08/04/2018 – DEUTSCHE BANK DBKGn.DE DEPUTY CO-CEO SCHENCK CLOSE TO LEAVING BANK, INVESTMENT BANK TO BE LED BY GARTH RITCHIE

Rockshelter Capital Management Llc increased Spirit Airlines Inc. (SAVE) stake by 18.12% reported in 2018Q1 SEC filing. Rockshelter Capital Management Llc acquired 54,165 shares as Spirit Airlines Inc. (SAVE)’s stock declined 5.11%. The Rockshelter Capital Management Llc holds 353,161 shares with $13.34M value, up from 298,996 last quarter. Spirit Airlines Inc. now has $2.61 billion valuation. The stock increased 1.95% or $0.73 during the last trading session, reaching $38.17. About 1.13M shares traded. Spirit Airlines, Inc. (NASDAQ:SAVE) has declined 29.77% since June 14, 2017 and is downtrending. It has underperformed by 42.34% the S&P500. Some Historical SAVE News: ; 10/04/2018 – SPIRIT AIRLINES: TRASM FOR 1Q ESTIMATED AT 8.37C VS 8.58C Y/Y; 11/05/2018 – Spirit Airlines is joining the Wi-Fi club – expecting wireless internet be installed on its entire fleet by summer 2019; 09/03/2018 – FAA SAYS SPIRIT AIRLINES GROUNDSTOP CANCELLED; 06/03/2018 SPIRIT AIRLINES SAYS CONFIDENT CO CAN ACHIEVE FLATTISH CASM EX-FUEL IN 2019 – PRESENTATION; 11/05/2018 – Spirit Airlines would be the first U.S. ultra-low cost carrier to offer Wi-Fi on board; 26/04/2018 – Spirit Airlines 1Q Adj EPS 44c; 11/05/2018 – Budget carrier Spirit Airlines to start offering in-flight Wi-Fi; 24/05/2018 – Ahoy St. Croix! Spirit Airlines Expands Service from South Florida to the U.S. Virgin Islands; 10/04/2018 – SPIRIT AIRLINES INC – NOW ESTIMATES ITS 2018 FULL YEAR CASM EX-FUEL WILL BE DOWN BETWEEN 3 AND 4 PERCENT YEAR OVER YEAR; 10/04/2018 – SPIRIT AIR NOW SEES 2018 FULL YEAR CASM EX-FUEL DOWN 3%-4% Y/Y

Loomis Sayles & Company LP decreased W/I stake by 71,709 shares to 363,835 valued at $10.57M in 2018Q1. It also reduced Marketaxess Holdings Inc (NASDAQ:MKTX) stake by 5,537 shares and now owns 180,475 shares. Wright Medical Group N.V. was reduced too.

Among 15 analysts covering Ritchie Bros. Auctioneers Incorporated (NYSE:RBA), 4 have Buy rating, 3 Sell and 8 Hold. Therefore 27% are positive. Ritchie Bros. Auctioneers Incorporated had 41 analyst reports since August 10, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Hold” rating in Tuesday, August 8 report. RBC Capital Markets downgraded the stock to “” rating in Friday, October 16 report. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Friday, May 27. On Monday, November 13 the stock rating was maintained by TD Securities with “Sell”. The stock has “Outperform” rating by National Bank Canada on Monday, November 20. The stock of Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) has “Underperform” rating given on Thursday, February 1 by Bank of America. Bank of America maintained the shares of RBA in report on Thursday, November 16 with “Underperform” rating. OTR Global downgraded the shares of RBA in report on Monday, October 12 to “Negative” rating. The firm has “Mkt Perform” rating by Raymond James given on Tuesday, December 27. The stock of Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) earned “Sell” rating by TD Securities on Wednesday, April 12.

Among 18 analysts covering Spirit Airlines (NASDAQ:SAVE), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. Spirit Airlines had 94 analyst reports since August 18, 2015 according to SRatingsIntel. The company was maintained on Tuesday, December 8 by Cowen & Co. The rating was maintained by Stephens with “Buy” on Wednesday, February 7. The rating was maintained by Imperial Capital with “Hold” on Friday, October 27. Cowen & Co maintained the stock with “Hold” rating in Friday, July 28 report. Credit Suisse upgraded Spirit Airlines, Inc. (NYSE:SAVE) rating on Monday, June 20. Credit Suisse has “Outperform” rating and $55 target. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, October 23. The stock of Spirit Airlines, Inc. (NYSE:SAVE) has “Buy” rating given on Wednesday, February 7 by Imperial Capital. On Wednesday, January 20 the stock rating was upgraded by Citigroup to “Buy”. The rating was maintained by Deutsche Bank on Wednesday, September 6 with “Buy”. The stock has “Buy” rating by Citigroup on Friday, October 27.

More recent Spirit Airlines, Inc. (NYSE:SAVE) news were published by: Seekingalpha.com which released: “Airline stocks perk up” on June 11, 2018. Also Seekingalpha.com published the news titled: “Spirit Airlines: Well-Positioned To Soar Above The Competition Amidst Rising Oil Prices” on June 06, 2018. Bizjournals.com‘s news article titled: “More American Airlines frontline staff criticize Boeing 737 MAX” with publication date: May 21, 2018 was also an interesting one.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.03, from 0.93 in 2017Q4. It dropped, as 23 investors sold SAVE shares while 80 reduced holdings. 38 funds opened positions while 55 raised stakes. 71.29 million shares or 3.68% less from 74.01 million shares in 2017Q4 were reported. Victory Cap Management reported 4,706 shares. Voya Investment Mngmt Ltd Company invested in 18,033 shares. Natl Investment Incorporated Wi reported 8,759 shares stake. Bnp Paribas Arbitrage has invested 0% in Spirit Airlines, Inc. (NYSE:SAVE). Citadel Advisors Limited Liability owns 737,111 shares. Gsa Prtn Llp, United Kingdom-based fund reported 20,486 shares. Fil Ltd invested in 250,529 shares. Moreover, Quinn Opportunity Prtnrs Ltd has 0.38% invested in Spirit Airlines, Inc. (NYSE:SAVE) for 77,637 shares. Dekabank Deutsche Girozentrale, a Germany-based fund reported 240,700 shares. Department Mb Fin Commercial Bank N A invested in 75 shares. Legal & General Plc reported 0% in Spirit Airlines, Inc. (NYSE:SAVE). Moreover, State Of Alaska Department Of Revenue has 0% invested in Spirit Airlines, Inc. (NYSE:SAVE) for 5,450 shares. Deutsche Comml Bank Ag reported 0% stake. Ivory Invest Ltd Llc accumulated 56,119 shares or 0.13% of the stock. Howe Rusling Incorporated holds 90 shares or 0% of its portfolio.

Spirit Airlines, Inc. (NYSE:SAVE) Institutional Positions Chart

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By1 Hazel Jackson

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