Jeffrey Bersh decreased its stake in Westmoreland Coal Co (WLB) by 31.2% based on its latest 2017Q3 regulatory filing with the SEC. Venor Capital Management Lp sold 288,800 shares as the company’s stock declined 58.89% while stock markets rallied. The hedge fund run by Jeffrey Bersh held 636,850 shares of the coal mining company at the end of 2017Q3, valued at $1.62M, down from 925,650 at the end of the previous reported quarter. Venor Capital Management Lp who had been investing in Westmoreland Coal Co for a number of months, seems to be less bullish one the $20.81 million market cap company. The stock decreased 5.93% or $0.07 during the last trading session, reaching $1.11. About 237,656 shares traded. Westmoreland Coal Company (NASDAQ:WLB) has declined 0.28% since January 31, 2017 and is downtrending. It has underperformed by 16.98% the S&P500.
Hightower Advisors Llc decreased its stake in F5 Networks Inc (FFIV) by 73.33% based on its latest 2017Q3 regulatory filing with the SEC. Hightower Advisors Llc sold 13,634 shares as the company’s stock declined 11.30% while stock markets rallied. The institutional investor held 4,958 shares of the technology company at the end of 2017Q3, valued at $596,000, down from 18,592 at the end of the previous reported quarter. Hightower Advisors Llc who had been investing in F5 Networks Inc for a number of months, seems to be less bullish one the $8.72B market cap company. The stock increased 1.48% or $2.06 during the last trading session, reaching $140.95. About 1.13M shares traded or 47.46% up from the average. F5 Networks, Inc. (NASDAQ:FFIV) has risen 21.28% since January 31, 2017 and is uptrending. It has outperformed by 4.58% the S&P500.
Among 4 analysts covering Westmoreland Coal (NASDAQ:WLB), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Westmoreland Coal had 12 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of Westmoreland Coal Company (NASDAQ:WLB) earned “Speculative Buy” rating by ForwardView Consulting on Tuesday, February 9. FBR Capital maintained the shares of WLB in report on Wednesday, November 9 with “Outperform” rating. Seaport Global Securities initiated Westmoreland Coal Company (NASDAQ:WLB) on Friday, November 4 with “Buy” rating. The stock of Westmoreland Coal Company (NASDAQ:WLB) has “Outperform” rating given on Friday, September 18 by FBR Capital. On Tuesday, September 1 the stock rating was initiated by BMO Capital Markets with “Outperform”. FBR Capital maintained it with “Outperform” rating and $13 target in Monday, November 16 report. The rating was maintained by FBR Capital on Thursday, October 13 with “Outperform”. BMO Capital Markets initiated the shares of WLB in report on Friday, September 4 with “Outperform” rating. The stock of Westmoreland Coal Company (NASDAQ:WLB) earned “Outperform” rating by FBR Capital on Wednesday, November 23. The stock of Westmoreland Coal Company (NASDAQ:WLB) earned “Market Perform” rating by BMO Capital Markets on Thursday, August 3.
Investors sentiment decreased to 0.61 in Q3 2017. Its down 0.35, from 0.96 in 2017Q2. It turned negative, as 23 investors sold WLB shares while 26 reduced holdings. 9 funds opened positions while 21 raised stakes. 11.85 million shares or 16.62% less from 14.21 million shares in 2017Q2 were reported. Mangrove holds 0.43% of its portfolio in Westmoreland Coal Company (NASDAQ:WLB) for 992,251 shares. Venor Cap Mngmt LP owns 636,850 shares or 0.93% of their US portfolio. Aqr Cap Mgmt Ltd Llc holds 0% in Westmoreland Coal Company (NASDAQ:WLB) or 107,317 shares. Voya Inv Management Ltd Liability Co invested 0% of its portfolio in Westmoreland Coal Company (NASDAQ:WLB). D E Shaw And holds 0% of its portfolio in Westmoreland Coal Company (NASDAQ:WLB) for 103,123 shares. Price T Rowe Associates Inc Md holds 21,251 shares or 0% of its portfolio. Meeder Asset Mgmt reported 2,148 shares. Federated Investors Pa holds 0% in Westmoreland Coal Company (NASDAQ:WLB) or 328,284 shares. Alliancebernstein Lp owns 23,100 shares. Edge Wealth Mngmt Limited Com holds 0.04% or 50,000 shares. Panagora Asset Inc stated it has 0% in Westmoreland Coal Company (NASDAQ:WLB). Wells Fargo And Mn reported 0% stake. Ameritas Invest Partners Incorporated reported 1,194 shares stake. Balyasny Asset Management Ltd Llc has 0% invested in Westmoreland Coal Company (NASDAQ:WLB). Apollo Management Hldgs Limited Partnership reported 250,000 shares stake.
Analysts await Westmoreland Coal Company (NASDAQ:WLB) to report earnings on March, 27. They expect $0.75 EPS, up 282.93% or $1.16 from last year’s $-0.41 per share. WLB’s profit will be $14.06 million for 0.37 P/E if the $0.75 EPS becomes a reality. After $-1.03 actual EPS reported by Westmoreland Coal Company for the previous quarter, Wall Street now forecasts -172.82% EPS growth.
Hightower Advisors Llc, which manages about $15.08 billion and $11.72 billion US Long portfolio, upped its stake in Norwegian Cruise Line Hldgs (NASDAQ:NCLH) by 152,515 shares to 154,515 shares, valued at $8.36 million in 2017Q3, according to the filing. It also increased its holding in Marsh & Mclennan Cos Inc (NYSE:MMC) by 224,962 shares in the quarter, for a total of 227,962 shares, and has risen its stake in Merck & Co Inc (NYSE:MRK).
Since August 1, 2017, it had 0 insider buys, and 1 insider sale for $382,480 activity. Locoh-Donou Francois had sold 2,029 shares worth $242,682. $367,930 worth of F5 Networks, Inc. (NASDAQ:FFIV) was sold by DiLullo John D. $382,480 worth of stock was sold by Gibson Benjamin on Tuesday, September 5. Rogers Scot Frazier sold $276,867 worth of F5 Networks, Inc. (NASDAQ:FFIV) on Tuesday, August 1. On Tuesday, August 1 the insider HIGGINSON ALAN sold $306,128. 4,378 F5 Networks, Inc. (NASDAQ:FFIV) shares with value of $528,128 were sold by EAMES EDWARD JULIAN.
The post As Westmoreland Coal Co (WLB) Stock Value Declined, Venor Capital Management LP Decreased by $577,600 Its Position; F5 Networks (FFIV) Shareholder Hightower Advisors Has Trimmed Position appeared first on Stock Market News | HillCountryTimes | Get it Today.
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