Twenty First Centy Fox (FOXA) Shareholder Brandes Investment Partners LP Has Upped Its Holding by $469,638; As Carmax (KMX) Share Value Declined, Riverpark Capital Management Has Decreased Holding

January 14, 2018 - By wolcottdaily

Brandes Investment Partners Lp increased its stake in Twenty First Centy Fox Inc (FOXA) by 43.86% based on its latest 2017Q3 regulatory filing with the SEC. Brandes Investment Partners Lp bought 18,063 shares as the company’s stock declined 10.68% while stock markets rallied. The institutional investor held 59,250 shares of the consumer services company at the end of 2017Q3, valued at $1.56 million, up from 41,187 at the end of the previous reported quarter. Brandes Investment Partners Lp who had been investing in Twenty First Centy Fox Inc for a number of months, seems to be bullish on the $67.53B market cap company. The stock increased 1.46% or $0.53 during the last trading session, reaching $36.73. About 6.82 million shares traded. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has declined 2.90% since January 14, 2017 and is downtrending. It has underperformed by 19.60% the S&P500.

Riverpark Capital Management Llc decreased its stake in Carmax Inc (KMX) by 20.91% based on its latest 2017Q3 regulatory filing with the SEC. Riverpark Capital Management Llc sold 94,477 shares as the company’s stock declined 3.39% while stock markets rallied. The institutional investor held 357,326 shares of the automotive aftermarket company at the end of 2017Q3, valued at $27.09 million, down from 451,803 at the end of the previous reported quarter. Riverpark Capital Management Llc who had been investing in Carmax Inc for a number of months, seems to be less bullish one the $13.19 billion market cap company. The stock increased 0.58% or $0.42 during the last trading session, reaching $72.33. About 1.90 million shares traded. CarMax Inc. (NYSE:KMX) has risen 26.17% since January 14, 2017 and is uptrending. It has outperformed by 9.47% the S&P500.

Among 32 analysts covering Twenty-First Century Fox Inc (NASDAQ:FOXA), 20 have Buy rating, 1 Sell and 11 Hold. Therefore 63% are positive. Twenty-First Century Fox Inc had 96 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Strong-Buy” rating given on Friday, August 7 by TheStreet. The firm has “Buy” rating by RBC Capital Markets given on Monday, September 11. On Thursday, September 14 the stock rating was maintained by Cowen & Co with “Hold”. The rating was maintained by Piper Jaffray with “Buy” on Sunday, September 24. As per Thursday, November 9, the company rating was maintained by RBC Capital Markets. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has “Overweight” rating given on Thursday, October 8 by Pacific Crest. Credit Suisse maintained the shares of FOXA in report on Monday, May 23 with “Outperform” rating. The firm has “Mkt Perform” rating by FBR Capital given on Tuesday, February 9. Credit Suisse maintained the stock with “Buy” rating in Thursday, October 12 report. Telsey Advisory Group initiated it with “Outperform” rating and $31 target in Friday, February 5 report.

Brandes Investment Partners Lp, which manages about $26.91B and $4.92 billion US Long portfolio, decreased its stake in Pnc Finl Svcs Group Inc (NYSE:PNC) by 521,462 shares to 590,405 shares, valued at $79.57 million in 2017Q3, according to the filing. It also reduced its holding in Bank Amer Corp (NYSE:BAC) by 1.76 million shares in the quarter, leaving it with 4.98 million shares, and cut its stake in Honda Motor Ltd (NYSE:HMC).

Among 17 analysts covering Carmax Inc (NYSE:KMX), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Carmax Inc had 56 analyst reports since August 3, 2015 according to SRatingsIntel. On Friday, April 8 the stock rating was maintained by Deutsche Bank with “Hold”. Oppenheimer downgraded the stock to “Perform” rating in Thursday, October 5 report. Oppenheimer maintained the stock with “Outperform” rating in Monday, September 21 report. The rating was maintained by Oppenheimer with “Buy” on Friday, July 21. On Tuesday, December 15 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Sterne Agee CRT downgraded the shares of KMX in report on Monday, March 28 to “Neutral” rating. The company was downgraded on Friday, November 17 by Deutsche Bank. On Friday, August 25 the stock rating was maintained by Oppenheimer with “Buy”. Wedbush maintained CarMax Inc. (NYSE:KMX) rating on Thursday, August 18. Wedbush has “Neutral” rating and $55 target. The firm has “Buy” rating given on Friday, September 22 by RBC Capital Markets.

Since September 1, 2017, it had 1 buy, and 15 insider sales for $45.21 million activity. $1.89 million worth of CarMax Inc. (NYSE:KMX) was sold by Hill Edwin J. MARGOLIN ERIC M had sold 57,757 shares worth $4.30 million on Tuesday, September 26. Reedy Thomas W JR also sold $5.56 million worth of CarMax Inc. (NYSE:KMX) shares. 50,488 shares valued at $3.72 million were sold by Daniels Jon G on Tuesday, September 26. 16,000 shares were sold by FOLLIARD THOMAS J, worth $1.09M. Shares for $14.84M were sold by Wood William C Jr..

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