Castine Capital Management Lowered Stake in Entegra Finl (ENFC) by $1.57 Million as Market Valuation Declined; Anchor Capital Advisors Position in Hasbro (HAS) Has Cut as Market Value Declined

Monday, 30 April 2018

Castine Capital Management Lowered Stake in Entegra Finl (ENFC) by $1.57 Million as Market Valuation Declined; Anchor Capital Advisors Position in Hasbro (HAS) Has Cut as Market Value Declined

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Castine Capital Management Llc decreased its stake in Entegra Finl Corp (ENFC) by 19.8% based on its latest 2017Q4 regulatory filing with the SEC. Castine Capital Management Llc sold 54,308 shares as the company’s stock declined 2.81% with the market. The institutional investor held 220,000 shares of the banks company at the end of 2017Q4, valued at $6.44 million, down from 274,308 at the end of the previous reported quarter. Castine Capital Management Llc who had been investing in Entegra Finl Corp for a number of months, seems to be less bullish one the $198.73M market cap company. The stock decreased 0.17% or $0.05 during the last trading session, reaching $28.85. About 3,256 shares traded. Entegra Financial Corp. (NASDAQ:ENFC) has risen 28.04% since April 29, 2017 and is uptrending. It has outperformed by 16.49% the S&P500.

Kevin Michael Ulrich decreased its stake in Hasbro Inc (HAS) by 1.32% based on its latest 2017Q4 regulatory filing with the SEC. Anchor Capital Advisors Llc sold 6,265 shares as the company’s stock declined 10.13% with the market. The hedge fund run by Kevin Michael Ulrich held 467,428 shares of the consumer non-durables company at the end of 2017Q4, valued at $42.49M, down from 473,693 at the end of the previous reported quarter. Anchor Capital Advisors Llc who had been investing in Hasbro Inc for a number of months, seems to be less bullish one the $10.92 billion market cap company. The stock increased 1.81% or $1.55 during the last trading session, reaching $87.36. About 1.65 million shares traded. Hasbro, Inc. (NASDAQ:HAS) has declined 15.12% since April 29, 2017 and is downtrending. It has underperformed by 26.67% the S&P500.

Castine Capital Management Llc, which manages about $395.38M and $294.27 million US Long portfolio, upped its stake in Ameris Bancorp (NASDAQ:ABCB) by 6,551 shares to 275,083 shares, valued at $13.26 million in 2017Q4, according to the filing. It also increased its holding in Independent Bk Group Inc (NASDAQ:IBTX) by 70,133 shares in the quarter, for a total of 191,671 shares, and has risen its stake in Tristate Cap Hldgs Inc (NASDAQ:TSC).

Among 3 analysts covering Entegra Financial Corp. (NASDAQ:ENFC), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Entegra Financial Corp. had 6 analyst reports since December 7, 2016 according to SRatingsIntel. The company was maintained on Friday, April 20 by Hovde Group. The company was maintained on Friday, January 19 by Sandler O’Neill. Sandler O’Neill maintained it with “Buy” rating and $3300 target in Monday, April 23 report. The rating was maintained by Hovde Group on Friday, January 26 with “Buy”.

Since February 20, 2018, it had 0 buys, and 12 sales for $42.72 million activity. Davis Stephen J also sold $1.08 million worth of Hasbro, Inc. (NASDAQ:HAS) on Wednesday, February 28. 20,408 shares valued at $2.00M were sold by Finigan Barbara on Friday, February 23. On Wednesday, February 28 the insider Johnson Dolph sold $460,427. Courtney Thomas J Jr. also sold $866,321 worth of Hasbro, Inc. (NASDAQ:HAS) on Wednesday, February 28. $4.62M worth of stock was sold by Frascotti John on Friday, February 23. The insider Billing Duncan sold 14,622 shares worth $1.45 million.

Anchor Capital Advisors Llc, which manages about $8.51 billion and $2.83 billion US Long portfolio, upped its stake in Metlife Inc (NYSE:MET) by 8,345 shares to 405,676 shares, valued at $20.51 million in 2017Q4, according to the filing. It also increased its holding in United Bankshares Inc West V (NASDAQ:UBSI) by 18,351 shares in the quarter, for a total of 84,075 shares, and has risen its stake in Caseys Gen Stores Inc (NASDAQ:CASY).

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.08, from 1.1 in 2017Q3. It dropped, as 50 investors sold HAS shares while 183 reduced holdings. 76 funds opened positions while 161 raised stakes. 97.15 million shares or 0.10% less from 97.25 million shares in 2017Q3 were reported. Moreover, Oppenheimer Asset Mngmt has 0.08% invested in Hasbro, Inc. (NASDAQ:HAS) for 30,078 shares. Etrade Capital Mngmt Llc has 0.01% invested in Hasbro, Inc. (NASDAQ:HAS). Invesco owns 1.32M shares. Cape Cod Five Cents Savings Bank owns 20,550 shares for 0.28% of their portfolio. Laurion Mgmt Lp holds 0% or 3,100 shares. Campbell Investment Adviser Ltd Liability reported 0.18% in Hasbro, Inc. (NASDAQ:HAS). Qs Investors Ltd Limited Liability Company, New York-based fund reported 1,603 shares. Lazard Asset Ltd Llc has 37,332 shares. Markel holds 0.62% of its portfolio in Hasbro, Inc. (NASDAQ:HAS) for 364,000 shares. Federated Pa has invested 0% in Hasbro, Inc. (NASDAQ:HAS). 30,943 were accumulated by Texas Permanent School Fund. 12,264 were reported by Sector Pension Invest Board. Raymond James Financial Ser Advsrs stated it has 32,554 shares. Engineers Gate Manager LP reported 55,150 shares stake. Pinebridge Investments Lp reported 0.04% stake.

Hasbro, Inc. (NASDAQ:HAS) Institutional Positions Chart