Sound Shore Management Has Increased Position in Antero Resources (AR); Wealth Enhancement Advisory Services Upped Position in News New (NWSA) by $977,990

January 14, 2018 - By Louis Casey

Wealth Enhancement Advisory Services Llc increased its stake in News Corp New (NWSA) by 61.06% based on its latest 2017Q3 regulatory filing with the SEC. Wealth Enhancement Advisory Services Llc bought 75,230 shares as the company’s stock declined 1.99% while stock markets rallied. The institutional investor held 198,445 shares of the newspapers and magazines company at the end of 2017Q3, valued at $2.64M, up from 123,215 at the end of the previous reported quarter. Wealth Enhancement Advisory Services Llc who had been investing in News Corp New for a number of months, seems to be bullish on the $10.07 billion market cap company. The stock increased 0.41% or $0.07 during the last trading session, reaching $17.15. About 1.86 million shares traded. News Corporation (NASDAQ:NWSA) has risen 11.28% since January 14, 2017 and is uptrending. It has underperformed by 5.42% the S&P500.

Sound Shore Management Inc increased its stake in Antero Resources Corporation (AR) by 5.6% based on its latest 2017Q3 regulatory filing with the SEC. Sound Shore Management Inc bought 526,500 shares as the company’s stock declined 11.29% while stock markets rallied. The institutional investor held 9.93 million shares of the oil & gas production company at the end of 2017Q3, valued at $197.67M, up from 9.41 million at the end of the previous reported quarter. Sound Shore Management Inc who had been investing in Antero Resources Corporation for a number of months, seems to be bullish on the $6.27 billion market cap company. The stock increased 1.48% or $0.29 during the last trading session, reaching $19.87. About 2.46M shares traded. Antero Resources Corporation (NYSE:AR) has declined 15.15% since January 14, 2017 and is downtrending. It has underperformed by 31.85% the S&P500.

Since August 1, 2017, it had 0 insider purchases, and 1 sale for $77,768 activity.

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.19, from 1.36 in 2017Q2. It worsened, as 31 investors sold AR shares while 71 reduced holdings. 35 funds opened positions while 84 raised stakes. 291.74 million shares or 5.36% more from 276.89 million shares in 2017Q2 were reported. Livforsakringsbolaget Skandia Omsesidigt invested 0.01% of its portfolio in Antero Resources Corporation (NYSE:AR). Sound Shore Mgmt Inc Ct owns 3.23% invested in Antero Resources Corporation (NYSE:AR) for 9.93M shares. Bnp Paribas Arbitrage Sa accumulated 67,398 shares or 0% of the stock. 46,080 were reported by Hamilton Lane Advsr Llc. Shell Asset Management has invested 0.05% in Antero Resources Corporation (NYSE:AR). Macquarie owns 0% invested in Antero Resources Corporation (NYSE:AR) for 500 shares. Royal Natl Bank Of Canada has 16,144 shares. Yorktown Mgmt Research invested in 30,200 shares or 0.16% of the stock. Utah Retirement Sys stated it has 42,200 shares. Quantitative Systematic Strategies Lc, a Connecticut-based fund reported 66,516 shares. Fifth Third State Bank invested in 0% or 414 shares. Sei Invs Communications owns 25,069 shares for 0% of their portfolio. Advisory invested in 0% or 12,003 shares. Citadel Advsrs Lc invested in 60,113 shares. Corecommodity Mgmt Limited Liability Company reported 0.75% in Antero Resources Corporation (NYSE:AR).

Among 27 analysts covering Antero Resources (NYSE:AR), 13 have Buy rating, 0 Sell and 14 Hold. Therefore 48% are positive. Antero Resources had 90 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, April 15, the company rating was upgraded by JP Morgan. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, April 28. On Friday, September 1 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. Guggenheim upgraded Antero Resources Corporation (NYSE:AR) on Thursday, March 16 to “Buy” rating. The stock of Antero Resources Corporation (NYSE:AR) earned “Hold” rating by Cowen & Co on Wednesday, October 18. On Tuesday, July 18 the stock rating was maintained by Cowen & Co with “Hold”. The rating was maintained by Robert W. Baird with “Buy” on Thursday, October 12. The firm has “Hold” rating by Jefferies given on Thursday, November 16. The firm has “Reduce” rating given on Tuesday, February 2 by Suntrust Robinson. The stock of Antero Resources Corporation (NYSE:AR) has “Hold” rating given on Wednesday, August 5 by Deutsche Bank.

Sound Shore Management Inc, which manages about $6.15B and $6.12 billion US Long portfolio, decreased its stake in Vodafone Group Plc Adr (NASDAQ:VOD) by 96,807 shares to 5.22 million shares, valued at $148.53 million in 2017Q3, according to the filing. It also reduced its holding in Aon Plc (NYSE:AON) by 19,871 shares in the quarter, leaving it with 1.11 million shares, and cut its stake in Total S.A. (NYSE:TOT).

Among 6 analysts covering News Corporation (NASDAQ:NWSA), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. News Corporation had 13 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Buy” on Monday, September 11. The firm has “Market Perform” rating by Wells Fargo given on Monday, November 9. On Thursday, October 27 the stock rating was downgraded by Bank of America to “Underperform”. Jefferies maintained News Corporation (NASDAQ:NWSA) rating on Monday, October 16. Jefferies has “Buy” rating and $17.0 target. The firm has “Buy” rating given on Monday, June 26 by Jefferies. As per Thursday, July 27, the company rating was maintained by Jefferies. The firm has “Outperform” rating by CLSA given on Tuesday, November 8. Macquarie Research upgraded the shares of NWSA in report on Monday, July 27 to “Outperform” rating. CLSA downgraded the stock to “Outperform” rating in Monday, May 9 report.

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