Dicks Sporting Goods (Call) (DKS) Shares Rose While Armistice Capital Has Lowered Its Holding by $8.40 Million; 3G Capital Partners LP Has Boosted Holding in Rsp Permian (RSPP) by $8.00 Million

April 20, 2018 - By Linda Rogers

RSP Permian, Inc. (NYSE:RSPP) Logo

Armistice Capital Llc decreased its stake in Dicks Sporting Goods Inc (Call) (DKS) by 60% based on its latest 2017Q4 regulatory filing with the SEC. Armistice Capital Llc sold 300,000 shares as the company’s stock rose 15.17% while stock markets declined. The institutional investor held 200,000 shares of the other specialty stores company at the end of 2017Q4, valued at $5.75M, down from 500,000 at the end of the previous reported quarter. Armistice Capital Llc who had been investing in Dicks Sporting Goods Inc (Call) for a number of months, seems to be less bullish one the $3.29 billion market cap company. The stock decreased 1.69% or $0.54 during the last trading session, reaching $31.41. About 1.52M shares traded. Dick's Sporting Goods, Inc. (NYSE:DKS) has declined 26.26% since April 20, 2017 and is downtrending. It has underperformed by 37.81% the S&P500.

3G Capital Partners Lp increased its stake in Rsp Permian Inc (RSPP) by 20% based on its latest 2017Q4 regulatory filing with the SEC. 3G Capital Partners Lp bought 200,000 shares as the company’s stock declined 3.11% with the market. The hedge fund held 1.20M shares of the energy company at the end of 2017Q4, valued at $48.82M, up from 1.00 million at the end of the previous reported quarter. 3G Capital Partners Lp who had been investing in Rsp Permian Inc for a number of months, seems to be bullish on the $7.83 billion market cap company. The stock increased 0.53% or $0.26 during the last trading session, reaching $49.14. About 3.50 million shares traded. RSP Permian, Inc. (NYSE:RSPP) has 0.00% since April 20, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 38 analysts covering RSP Permian (NYSE:RSPP), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. RSP Permian had 153 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Wednesday, February 28. The company was maintained on Monday, August 7 by BMO Capital Markets. The stock of RSP Permian, Inc. (NYSE:RSPP) earned “Buy” rating by Goldman Sachs on Tuesday, April 11. As per Wednesday, December 2, the company rating was upgraded by Deutsche Bank. The firm has “Buy” rating given on Tuesday, June 14 by Deutsche Bank. Imperial Capital initiated RSP Permian, Inc. (NYSE:RSPP) rating on Wednesday, June 15. Imperial Capital has “Outperform” rating and $45 target. Stifel Nicolaus downgraded the stock to “Hold” rating in Monday, April 9 report. The rating was upgraded by Roth Capital on Thursday, August 6 to “Buy”. Roth Capital maintained RSP Permian, Inc. (NYSE:RSPP) rating on Tuesday, July 25. Roth Capital has “Buy” rating and $4400 target. The company was upgraded on Thursday, December 8 by JP Morgan.

Since December 11, 2017, it had 0 buys, and 5 selling transactions for $8.25 million activity. On Thursday, March 29 the insider Wallace Family Partnership – LP sold $2.93M. 25,000 shares were sold by McNeill Scott K., worth $926,250.

Investors sentiment decreased to 1.17 in 2017 Q4. Its down 0.11, from 1.28 in 2017Q3. It is negative, as 28 investors sold RSPP shares while 78 reduced holdings. 48 funds opened positions while 76 raised stakes. 134.36 million shares or 0.75% more from 133.37 million shares in 2017Q3 were reported. Credit Suisse Ag has 0.01% invested in RSP Permian, Inc. (NYSE:RSPP). Tricadia Mgmt Ltd Liability Corp accumulated 14,160 shares. New York-based American Group Inc has invested 0% in RSP Permian, Inc. (NYSE:RSPP). Pnc Svcs Gru invested in 12,174 shares or 0% of the stock. Texas Bank & Trust Tx reported 22,713 shares. Confluence Mngmt Ltd has 0% invested in RSP Permian, Inc. (NYSE:RSPP). Teachers Insurance Annuity Association Of America invested in 2.2% or 1.06 million shares. State Of Alaska Department Of Revenue owns 0.01% invested in RSP Permian, Inc. (NYSE:RSPP) for 8,600 shares. The New York-based Quantbot LP has invested 0.09% in RSP Permian, Inc. (NYSE:RSPP). California State Teachers Retirement Sys has 214,563 shares for 0.02% of their portfolio. Gluskin Sheff And Associate accumulated 175,887 shares. Goldman Sachs Inc holds 0.05% or 4.69 million shares. Qs Limited Liability Corporation holds 0% in RSP Permian, Inc. (NYSE:RSPP) or 11,388 shares. Waratah Advsr Limited invested in 1.15% or 243,582 shares. 100,000 were accumulated by Proxima Mgmt Llc.

3G Capital Partners Lp, which manages about $11.34B and $1.76 billion US Long portfolio, decreased its stake in Canadian Pac Ry Ltd (NYSE:CP) by 242,633 shares to 579,849 shares, valued at $105.97M in 2017Q4, according to the filing. It also reduced its holding in Lamb Weston Hldgs Inc by 300,000 shares in the quarter, leaving it with 300,000 shares, and cut its stake in Constellation Brands Inc (NYSE:STZ).

Among 37 analysts covering Dick’s Sporting Goods Inc. (NYSE:DKS), 16 have Buy rating, 2 Sell and 19 Hold. Therefore 43% are positive. Dick’s Sporting Goods Inc. had 149 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Wednesday, August 17 with “Neutral”. The stock has “Outperform” rating by Wedbush on Wednesday, November 2. Oppenheimer upgraded Dick's Sporting Goods, Inc. (NYSE:DKS) on Thursday, September 15 to “Outperform” rating. The stock has “Buy” rating by Stifel Nicolaus on Friday, June 24. The stock has “Buy” rating by Buckingham Research on Wednesday, January 17. The firm has “Hold” rating given on Wednesday, August 16 by Deutsche Bank. The company was downgraded on Tuesday, August 15 by M Partners. The stock of Dick's Sporting Goods, Inc. (NYSE:DKS) earned “Hold” rating by Canaccord Genuity on Sunday, January 7. As per Wednesday, July 5, the company rating was maintained by BMO Capital Markets. The rating was upgraded by Citigroup on Tuesday, December 19 to “Buy”.

Analysts await Dick's Sporting Goods, Inc. (NYSE:DKS) to report earnings on May, 15. They expect $0.43 EPS, down 20.37% or $0.11 from last year’s $0.54 per share. DKS’s profit will be $44.97M for 18.26 P/E if the $0.43 EPS becomes a reality. After $1.22 actual EPS reported by Dick's Sporting Goods, Inc. for the previous quarter, Wall Street now forecasts -64.75% negative EPS growth.

Armistice Capital Llc, which manages about $1.00B US Long portfolio, upped its stake in Playa Hotels & Resorts Nv by 596,000 shares to 2.22M shares, valued at $24.00M in 2017Q4, according to the filing. It also increased its holding in Cheesecake Factory Inc (NASDAQ:CAKE) by 76,000 shares in the quarter, for a total of 400,000 shares, and has risen its stake in Vanda Pharmaceuticals Inc (NASDAQ:VNDA).

Dick's Sporting Goods, Inc. (NYSE:DKS) Institutional Positions Chart

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