As Student Transportation (STB) Share Value Rose, Ubs Global Asset Management Americas Has Increased by $82.28 Million Its Stake; As Cbs (Put) (CBS) Market Value Declined, Westchester Capital Management Has Upped Holding

February 15, 2018 - By Winifred Garcia

Westchester Capital Management Llc increased its stake in Cbs Corporation (Put) (CBS) by 114.9% based on its latest 2017Q3 regulatory filing with the SEC. Westchester Capital Management Llc bought 144,200 shares as the company’s stock declined 6.13% while stock markets rallied. The institutional investor held 269,700 shares of the broadcasting company at the end of 2017Q3, valued at $15.64M, up from 125,500 at the end of the previous reported quarter. Westchester Capital Management Llc who had been investing in Cbs Corporation (Put) for a number of months, seems to be bullish on the $21.41B market cap company. The stock increased 0.21% or $0.12 during the last trading session, reaching $55.97. About 1.20 million shares traded. CBS Corporation (NYSE:CBS) has risen 18.35% since February 15, 2017 and is uptrending. It has outperformed by 1.65% the S&P500.

Ubs Global Asset Management Americas Inc increased its stake in Student Transportation Inc (STB) by 25.24% based on its latest 2017Q3 regulatory filing with the SEC. Ubs Global Asset Management Americas Inc bought 13,815 shares as the company’s stock rose 8.12% with the market. The institutional investor held 68,544 shares of the other transportation company at the end of 2017Q3, valued at $408.31M, up from 54,729 at the end of the previous reported quarter. Ubs Global Asset Management Americas Inc who had been investing in Student Transportation Inc for a number of months, seems to be bullish on the $580.86M market cap company. The stock increased 0.16% or $0.01 during the last trading session, reaching $6.17. About 115,528 shares traded. Student Transportation Inc. (NASDAQ:STB) has risen 25.58% since February 15, 2017 and is uptrending. It has outperformed by 8.88% the S&P500.

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.23, from 0.8 in 2017Q2. It is positive, as 53 investors sold CBS shares while 225 reduced holdings. 80 funds opened positions while 206 raised stakes. 225.71 million shares or 1.68% less from 229.56 million shares in 2017Q2 were reported. Investec Asset Mngmt North America Inc accumulated 188,099 shares. State Board Of Administration Of Florida Retirement, a Florida-based fund reported 585,418 shares. Guggenheim Cap Limited invested in 0.1% or 765,421 shares. Fulton Comml Bank Na invested in 0.02% or 4,403 shares. Nuveen Asset Mgmt Ltd Liability Co reported 0.04% of its portfolio in CBS Corporation (NYSE:CBS). Mitsubishi Ufj & reported 751,312 shares. Peapack Gladstone Fincl reported 123,309 shares. Kentucky Retirement Sys holds 0.1% or 22,618 shares. 40,738 are owned by Fdx. Pinebridge Investments Lp holds 1,812 shares or 0% of its portfolio. Westchester Mngmt has invested 0.21% in CBS Corporation (NYSE:CBS). Vantage Advisors Ltd Company has 0% invested in CBS Corporation (NYSE:CBS) for 218 shares. Moreover, Marco Invest Mngmt Lc has 0.14% invested in CBS Corporation (NYSE:CBS) for 14,975 shares. Liberty Mutual Grp Inc Asset owns 16,387 shares for 0.05% of their portfolio. Brown Brothers Harriman & invested in 0% or 1,264 shares.

Westchester Capital Management Llc, which manages about $5.44B and $3.17B US Long portfolio, decreased its stake in Hewlett Packard Enterprise Company (Put) by 239,400 shares to 5.15 million shares, valued at $75.76M in 2017Q3, according to the filing. It also reduced its holding in American International Group Inc. (NYSE:AIG) by 255,900 shares in the quarter, leaving it with 868,600 shares, and cut its stake in Nxp Semiconductors Nv (NASDAQ:NXPI).

Among 36 analysts covering CBS Corp (NYSE:CBS), 27 have Buy rating, 0 Sell and 9 Hold. Therefore 75% are positive. CBS Corp had 108 analyst reports since August 6, 2015 according to SRatingsIntel. Credit Suisse maintained the stock with “Outperform” rating in Monday, February 22 report. The stock has “Buy” rating by RBC Capital Markets on Friday, November 3. The firm earned “Outperform” rating on Monday, August 10 by Barrington Research. The stock has “Buy” rating by Stifel Nicolaus on Friday, January 8. On Monday, October 23 the stock rating was maintained by Piper Jaffray with “Buy”. The rating was maintained by Deutsche Bank with “Buy” on Friday, July 29. The firm earned “Outperform” rating on Wednesday, March 9 by Wells Fargo. The rating was maintained by Loop Capital on Monday, November 13 with “Buy”. Needham maintained it with “Buy” rating and $72 target in Tuesday, January 24 report. The firm earned “Outperform” rating on Monday, May 15 by BMO Capital Markets.

Since August 22, 2017, it had 0 insider purchases, and 14 selling transactions for $99.65 million activity. Schwartz Gil D sold $3.16M worth of CBS Corporation (NYSE:CBS) on Monday, September 11. $2.87M worth of stock was sold by Ianniello Joseph R on Thursday, January 25.

Ubs Global Asset Management Americas Inc, which manages about $109785.98 billion US Long portfolio, decreased its stake in Wisdomtree Tr (DEM) by 2,672 shares to 107,786 shares, valued at $4.63 billion in 2017Q3, according to the filing. It also reduced its holding in Cintas Corp Npv (NASDAQ:CTAS) by 3,412 shares in the quarter, leaving it with 333,460 shares, and cut its stake in Spirit Airlines Inc (NASDAQ:SAVE).

Investors sentiment increased to 2.16 in Q3 2017. Its up 0.68, from 1.48 in 2017Q2. It increased, as 4 investors sold STB shares while 15 reduced holdings. 13 funds opened positions while 28 raised stakes. 24.20 million shares or 0.49% more from 24.08 million shares in 2017Q2 were reported. Caisse De Depot Et Placement Du Quebec owns 8.00M shares. Vanguard Group Inc invested in 34,085 shares. The Pennsylvania-based Wealthtrust Axiom Ltd Llc has invested 2.11% in Student Transportation Inc. (NASDAQ:STB). Art Llc owns 21,029 shares or 0.01% of their US portfolio. Monarch Prtnrs Asset Mgmt Ltd Liability Company reported 0.26% of its portfolio in Student Transportation Inc. (NASDAQ:STB). Credit Suisse Ag accumulated 70,706 shares. Stifel Fin invested 0% of its portfolio in Student Transportation Inc. (NASDAQ:STB). Raymond James And Assocs reported 10,043 shares or 0% of all its holdings. New York-based Oppenheimer has invested 0.01% in Student Transportation Inc. (NASDAQ:STB). Raymond James Ser Advsrs holds 17,645 shares or 0% of its portfolio. Citadel Advsrs Ltd has 0% invested in Student Transportation Inc. (NASDAQ:STB). Commonwealth Equity Serv Incorporated owns 72,210 shares for 0% of their portfolio. Private Advisor Lc reported 0% stake. Royal Savings Bank Of Canada has invested 0% in Student Transportation Inc. (NASDAQ:STB). Hudock Cap Gru Ltd owns 800 shares or 0% of their US portfolio.

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