Maverick Capital Ltd Increased Columbia Sportswear Co (COLM) Stake by $12.60 Million; GP Strategies (GPX)’s Sentiment Is 1.84

May 18, 2018 - By David Stenberg

GP Strategies Corporation (NYSE:GPX) Logo

Maverick Capital Ltd increased Columbia Sportswear Co (NASDAQ:COLM) stake by 2590.11% reported in 2018Q1 SEC filing. Maverick Capital Ltd acquired 165,741 shares as Columbia Sportswear Co (NASDAQ:COLM)’s stock rose 7.11%. The Maverick Capital Ltd holds 172,140 shares with $13.16M value, up from 6,399 last quarter. Columbia Sportswear Co now has $5.96 billion valuation. The stock decreased 0.55% or $0.47 during the last trading session, reaching $85.13. About 17,179 shares traded. Columbia Sportswear Company (NASDAQ:COLM) has risen 31.21% since May 18, 2017 and is uptrending. It has outperformed by 19.66% the S&P500.

GP Strategies Corp (GPX) investors sentiment increased to 1.84 in Q4 2017. It’s up 0.52, from 1.32 in 2017Q3. The ratio increased, as 46 institutional investors opened new or increased positions, while 25 sold and reduced their holdings in GP Strategies Corp. The institutional investors in our database now possess: 14.26 million shares, down from 14.53 million shares in 2017Q3. Also, the number of institutional investors holding GP Strategies Corp in top ten positions decreased from 3 to 2 for a decrease of 1. Sold All: 8 Reduced: 17 Increased: 29 New Position: 17.

Sagard Capital Partners Management Corp holds 74.84% of its portfolio in GP Strategies Corporation for 3.64 million shares. Cove Street Capital Llc owns 1.50 million shares or 3.76% of their US portfolio. Moreover, Alphaone Investment Services Llc has 1.5% invested in the company for 214,458 shares. The Oklahoma-based Prescott Group Capital Management L.L.C. has invested 1.21% in the stock. Thomson Horstmann & Bryant Inc, a Connecticut-based fund reported 330,913 shares.

GP Strategies Corporation provides customized training solutions focused on performance improvement initiatives worldwide. The company has market cap of $329.05 million. The firm operates through four business divisions: Learning Solutions, Professional & Technical Services, Sandy Training & Marketing, and Performance Readiness Solutions. It has a 26.25 P/E ratio. The Learning Solutions segment delivers training, curriculum design and development, e-learning, system hosting, and training business process outsourcing and consulting services to electronics and semiconductors, healthcare, software, financial, and other industries, as well as to government agencies; and vocational skills training and human capital management services.

Analysts await GP Strategies Corporation (NYSE:GPX) to report earnings on July, 26. They expect $0.23 earnings per share, down 34.29% or $0.12 from last year’s $0.35 per share. GPX’s profit will be $3.79M for 21.68 P/E if the $0.23 EPS becomes a reality. After $0.23 actual earnings per share reported by GP Strategies Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

The stock increased 0.76% or $0.15 during the last trading session, reaching $19.95. About 24,549 shares traded. GP Strategies Corporation (GPX) has declined 8.19% since May 18, 2017 and is downtrending. It has underperformed by 19.74% the S&P500.

Since January 1, 0001, it had 2 buys, and 0 selling transactions for $137,395 activity.

More news for GP Strategies Corporation (NYSE:GPX) were recently published by: Seekingalpha.com, which released: “GP Strategies’ (GPX) CEO Scott Greenberg on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018. Streetinsider.com‘s article titled: “GP Strategies (GPX) Misses Q1 EPS by 6c” and published on May 03, 2018 is yet another important article.

Investors sentiment increased to 1.39 in 2017 Q4. Its up 0.19, from 1.2 in 2017Q3. It increased, as 19 investors sold COLM shares while 47 reduced holdings. 37 funds opened positions while 55 raised stakes. 26.27 million shares or 1.51% less from 26.67 million shares in 2017Q3 were reported. Parametric Assocs Ltd Liability Corporation owns 102,010 shares or 0.01% of their US portfolio. Intrust Bancshares Na has 5,757 shares. New York-based Tiaa Cref Inv Management Llc has invested 0% in Columbia Sportswear Company (NASDAQ:COLM). Bnp Paribas Arbitrage holds 0% in Columbia Sportswear Company (NASDAQ:COLM) or 6,833 shares. Raymond James Associate holds 0% or 14,626 shares in its portfolio. Ahl Prns Limited Liability Partnership holds 0.17% of its portfolio in Columbia Sportswear Company (NASDAQ:COLM) for 153,460 shares. Metropolitan Life Ins holds 9,332 shares. Eagle Asset Mngmt invested in 0.04% or 109,184 shares. Dimensional Fund Advsrs L P stated it has 698,772 shares. Pitcairn Co reported 3,262 shares. Aperio Group Llc owns 8,252 shares or 0% of their US portfolio. Retail Bank Of Montreal Can, a Ontario – Canada-based fund reported 24,852 shares. Northern Trust reported 528,139 shares. Principal Grp Inc accumulated 3,183 shares. Canada Pension Plan Inv Board reported 400 shares.

Since February 12, 2018, it had 0 buys, and 9 insider sales for $10.17 million activity. The insider Fogliato Franco sold $675,118. On Wednesday, April 11 Cusick Thomas B. sold $688,298 worth of Columbia Sportswear Company (NASDAQ:COLM) or 8,343 shares. $888,244 worth of Columbia Sportswear Company (NASDAQ:COLM) shares were sold by GEORGE EDWARD S. 32,684 shares valued at $2.57 million were sold by Bragdon Peter J on Tuesday, March 6. KLENZ WALTER sold 11,694 shares worth $887,224. $879,482 worth of Columbia Sportswear Company (NASDAQ:COLM) was sold by BANY SARAH. ALBERS MURREY R sold 6,628 shares worth $510,356.

Lee Ainslie is a long/short strategic equity investor. He’s into the bonds, commodities, currencies or option trading. He purchases what he believes will increase in value and sells that which he believes will lose value. It’s as plain as that. On average, he has been able to beat the S&P 500 index by 6% to 7% every year and with a volatility less than 50%, which leaves us to believe that he’s got an annual alpha near 10%, but we have not had the opportunity to look at his monthly returns and estimate the real alpha. In the past 10 years, the returns of Maverick Capital had been at least 7.7%, and in the current year, its performance is well over the S&P 500 by 4 percentage points. Maverick Capital Ltd is a Texas-based hedge fund that was founded by Lee Ainslie. It had more than $14.71 billion assets under management in January, 2015. This fund invests only a small percentage of its assets in equities and options. Taken from Maverick Capital latest Adv, the fund reported to have 70 full and part-time employees. Among which 2 performing investment advisory and research functions. The hedge fund had between 11-25 clients.

Among 22 analysts covering Columbia Sportswear Company (NASDAQ:COLM), 10 have Buy rating, 0 Sell and 12 Hold. Therefore 45% are positive. Columbia Sportswear Company had 69 analyst reports since August 3, 2015 according to SRatingsIntel. Buckingham Research reinitiated it with “Neutral” rating and $58 target in Monday, July 17 report. The stock has “Buy” rating by Needham on Monday, April 23. The firm has “Buy” rating by Robert W. Baird given on Friday, October 20. The firm earned “Hold” rating on Monday, February 12 by Cowen & Co. Wedbush initiated the stock with “Outperform” rating in Wednesday, November 2 report. The rating was maintained by Citigroup on Friday, October 27 with “Buy”. Stifel Nicolaus maintained Columbia Sportswear Company (NASDAQ:COLM) on Friday, February 9 with “Hold” rating. The firm has “Buy” rating by Guggenheim given on Thursday, December 14. Buckingham Research maintained the stock with “Neutral” rating in Friday, February 9 report. The rating was maintained by KeyBanc Capital Markets on Wednesday, October 18 with “Hold”.

GP Strategies Corporation (NYSE:GPX) Institutional Positions Chart

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By1 David Stenberg

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