Par Capital Management Lowered Providence Svc (PRSC) Holding By $7.50 Million; Amalgamated Bank Has Trimmed Its Coty Cl A (COTY) Holding

December 7, 2017 - By Linda Rogers

Par Capital Management Inc decreased Providence Svc Corp (PRSC) stake by 30% reported in 2017Q2 SEC filing. Par Capital Management Inc sold 150,000 shares as Providence Svc Corp (PRSC)’s stock rose 14.28%. The Par Capital Management Inc holds 350,000 shares with $17.71M value, down from 500,000 last quarter. Providence Svc Corp now has $780.90M valuation. The stock decreased 0.22% or $0.13 during the last trading session, reaching $58.69. About 39,483 shares traded. The Providence Service Corporation (NASDAQ:PRSC) has declined 2.07% since December 7, 2016 and is downtrending. It has underperformed by 18.77% the S&P500.

Amalgamated Bank decreased Coty Inc Cl A (COTY) stake by 28.04% reported in 2017Q2 SEC filing. Amalgamated Bank sold 20,505 shares as Coty Inc Cl A (COTY)’s stock declined 0.74%. The Amalgamated Bank holds 52,630 shares with $987,000 value, down from 73,135 last quarter. Coty Inc Cl A now has $13.21B valuation. The stock decreased 0.06% or $0.01 during the last trading session, reaching $17.63. About 4.45 million shares traded. Coty Inc. (NYSE:COTY) has declined 25.39% since December 7, 2016 and is downtrending. It has underperformed by 42.09% the S&P500.

Analysts await The Providence Service Corporation (NASDAQ:PRSC) to report earnings on March, 8. They expect $0.36 earnings per share, up 9.09% or $0.03 from last year’s $0.33 per share. PRSC’s profit will be $4.79 million for 40.76 P/E if the $0.36 EPS becomes a reality. After $0.32 actual earnings per share reported by The Providence Service Corporation for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Investors sentiment decreased to 1.33 in 2017 Q2. Its down 0.33, from 1.66 in 2017Q1. It is negative, as 10 investors sold PRSC shares while 41 reduced holdings. 19 funds opened positions while 49 raised stakes. 12.51 million shares or 0.86% more from 12.40 million shares in 2017Q1 were reported. Voya Mgmt Limited Liability Company holds 7,400 shares or 0% of its portfolio. Bnp Paribas Arbitrage Sa invested in 0% or 3,571 shares. Ls Advsrs owns 498 shares or 0% of their US portfolio. Ironwood Fincl Ltd Limited Liability Company has 500 shares for 0.02% of their portfolio. Panagora Asset Mgmt Inc has 0.01% invested in The Providence Service Corporation (NASDAQ:PRSC). Swiss Fincl Bank, a Switzerland-based fund reported 19,800 shares. State Of Alaska Department Of Revenue reported 0.01% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC). Alliancebernstein Limited Partnership has invested 0% in The Providence Service Corporation (NASDAQ:PRSC). California State Teachers Retirement has 0% invested in The Providence Service Corporation (NASDAQ:PRSC). Geode Capital Ltd stated it has 103,624 shares. Ahl Prtnrs Limited Liability Partnership invested 0.02% of its portfolio in The Providence Service Corporation (NASDAQ:PRSC). Brown Advisory Inc invested in 571,057 shares or 0.09% of the stock. Sei Company owns 38,546 shares for 0.01% of their portfolio. Prudential Fincl stated it has 120,179 shares or 0.01% of all its holdings. Vanguard Gru Inc holds 0% or 661,798 shares.

Par Capital Management Inc increased Masonite Intl Corp New (NYSE:DOOR) stake by 95,000 shares to 475,000 valued at $35.86M in 2017Q2. It also upped Trivago N V stake by 612,710 shares and now owns 6.23M shares. Hubspot Inc (NYSE:HUBS) was raised too.

Among 3 analysts covering The Providence Service Corporation (NASDAQ:PRSC), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. The Providence Service Corporation had 6 analyst reports since August 10, 2015 according to SRatingsIntel. On Monday, August 10 the stock rating was maintained by Barrington Research with “Outperform”. Barrington Research maintained The Providence Service Corporation (NASDAQ:PRSC) on Tuesday, September 22 with “Outperform” rating. The firm has “Mkt Perform” rating given on Tuesday, October 11 by Avondale. The stock of The Providence Service Corporation (NASDAQ:PRSC) earned “Market Outperform” rating by Avondale on Wednesday, November 2. The rating was downgraded by Avondale on Thursday, November 10 to “Mkt Perform”.

Investors sentiment decreased to 1.14 in Q2 2017. Its down 0.18, from 1.32 in 2017Q1. It dived, as 37 investors sold COTY shares while 100 reduced holdings. 53 funds opened positions while 103 raised stakes. 483.48 million shares or 0.77% more from 479.78 million shares in 2017Q1 were reported. Voya Invest Management Lc owns 255,484 shares for 0.01% of their portfolio. Amp Capital Invsts stated it has 0.02% of its portfolio in Coty Inc. (NYSE:COTY). Raymond James Tru Na has 0.02% invested in Coty Inc. (NYSE:COTY). Capstone Inv Ltd holds 0.05% or 90,886 shares. Texas Permanent School Fund holds 0.03% in Coty Inc. (NYSE:COTY) or 132,341 shares. Bb&T reported 20,515 shares. Hightower Advsr Ltd Liability Corp owns 0% invested in Coty Inc. (NYSE:COTY) for 11,699 shares. Massachusetts Service Ma accumulated 0.84% or 100.46 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 314,782 shares. Weiss Multi has 98,629 shares for 0.08% of their portfolio. Blackrock Incorporated has invested 0.03% in Coty Inc. (NYSE:COTY). Moreover, State Board Of Administration Of Florida Retirement has 0.03% invested in Coty Inc. (NYSE:COTY) for 510,195 shares. Metropolitan Life Com reported 227,188 shares or 0.03% of all its holdings. Royal Commercial Bank Of Canada invested 0% in Coty Inc. (NYSE:COTY). Employees Retirement Sys Of Ohio holds 0.02% or 206,640 shares.

Amalgamated Bank increased Nordson Corp (NASDAQ:NDSN) stake by 2,510 shares to 11,631 valued at $1.41M in 2017Q2. It also upped Pfizer Inc (NYSE:PFE) stake by 243,482 shares and now owns 667,896 shares. Uniti Group Inc was raised too.

Since June 14, 2017, it had 4 insider buys, and 0 insider sales for $1.51 million activity. McMullen Greerson Greene also bought $390,224 worth of Coty Inc. (NYSE:COTY) shares. On Thursday, June 15 Froidefond Sebastien bought $255,072 worth of Coty Inc. (NYSE:COTY) or 13,461 shares. The insider HARF PETER bought 26,500 shares worth $503,447.

Among 15 analysts covering Coty (NYSE:COTY), 4 have Buy rating, 2 Sell and 9 Hold. Therefore 27% are positive. Coty had 46 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, April 18 by Bank of America. On Friday, November 6 the stock rating was maintained by Deutsche Bank with “Buy”. On Monday, August 21 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Neutral” rating by Citigroup given on Thursday, February 4. The stock of Coty Inc. (NYSE:COTY) has “Neutral” rating given on Friday, November 10 by DA Davidson. The stock of Coty Inc. (NYSE:COTY) earned “Buy” rating by Bank of America on Monday, October 3. The stock has “Buy” rating by Deutsche Bank on Monday, August 17. The firm earned “Outperform” rating on Friday, November 10 by BMO Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Friday, October 20. Morgan Stanley initiated the shares of COTY in report on Tuesday, September 1 with “Equal Weight” rating.

Analysts await Coty Inc. (NYSE:COTY) to report earnings on February, 8. They expect $0.23 earnings per share, down 23.33% or $0.07 from last year’s $0.3 per share. COTY’s profit will be $172.39M for 19.16 P/E if the $0.23 EPS becomes a reality. After $0.10 actual earnings per share reported by Coty Inc. for the previous quarter, Wall Street now forecasts 130.00% EPS growth.

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