Waratah Capital Advisors LTD Raised Lamar Advertising Co (LAMR) Stake By $2.62 Million; Benefitfocusinc (BNFT) Sentiment Is 1.69

October 13, 2017 - By Vivian Park

Benefitfocus, Inc. is a well-known provider of cloud benefits management platform for consumers, employers, insurance carriers and brokers. The company has market cap of $986.84 million. The Benefitfocus Platform allows how organizations and individuals shop for, enroll in, manage and exchange benefits. It currently has negative earnings. The Firm operates through two business divisions: Employer, which derives its revenue from clients that use the Company’s services for the provision of benefits to their employees, and administrators acting on behalf of employers, Carrier, which derives its revenue from insurance companies that provide coverage at their own risk.

Waratah Capital Advisors Ltd increased Lamar Advertising Co (LAMR) stake by 13.7% reported in 2017Q2 SEC filing. Waratah Capital Advisors Ltd acquired 35,902 shares as Lamar Advertising Co (LAMR)’s stock declined 9.40%. The Waratah Capital Advisors Ltd holds 297,942 shares with $21.92 million value, up from 262,040 last quarter. Lamar Advertising Co now has $5.80B valuation. The stock rose 0.22% or $0.15 reaching $69.66 per share. About 289,014 shares traded. Lamar Advertising Company (NASDAQ:LAMR) has risen 13.65% since October 13, 2016 and is uptrending. It has underperformed by 3.05% the S&P500.

Waratah Capital Advisors Ltd decreased Invitation Homes Inc stake by 92,662 shares to 35,887 valued at $776,000 in 2017Q2. It also reduced First Rep Bk San Francisco C (NYSE:FRC) stake by 11,222 shares and now owns 5,560 shares. Fleetcor Technologies Inc (NYSE:FLT) was reduced too.

Among 12 analysts covering Lamar Advertising (NASDAQ:LAMR), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Lamar Advertising had 18 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Monday, September 18 by Morgan Stanley. The stock of Lamar Advertising Company (NASDAQ:LAMR) earned “Neutral” rating by M Partners on Wednesday, August 9. The firm earned “Buy” rating on Tuesday, September 13 by Loop Capital. Goldman Sachs upgraded the shares of LAMR in report on Tuesday, January 17 to “Buy” rating. Topeka Capital Markets maintained the shares of LAMR in report on Monday, September 21 with “Hold” rating. As per Friday, July 22, the company rating was downgraded by Gabelli. The company was downgraded on Wednesday, July 26 by Wells Fargo. Wedbush maintained the stock with “Neutral” rating in Wednesday, February 24 report. As per Thursday, November 5, the company rating was maintained by Topeka Capital Markets. M Partners maintained the stock with “Neutral” rating in Wednesday, February 24 report.

Investors sentiment increased to 1.25 in Q2 2017. Its up 0.24, from 1.01 in 2017Q1. It improved, as 44 investors sold LAMR shares while 89 reduced holdings. 43 funds opened positions while 123 raised stakes. 82.64 million shares or 0.82% more from 81.97 million shares in 2017Q1 were reported. Gamco Investors Et Al reported 0% in Lamar Advertising Company (NASDAQ:LAMR). Guggenheim Capital Ltd Liability Corporation has 84,815 shares. One Association reported 0.24% in Lamar Advertising Company (NASDAQ:LAMR). National Ins Tx has invested 0.08% in Lamar Advertising Company (NASDAQ:LAMR). Fmr Ltd Com holds 923,416 shares or 0.01% of its portfolio. Spc Financial holds 0.06% in Lamar Advertising Company (NASDAQ:LAMR) or 3,000 shares. Art holds 0.03% of its portfolio in Lamar Advertising Company (NASDAQ:LAMR) for 8,300 shares. Century Cap Lc holds 0.18% or 14,031 shares. Citadel Advisors Limited Liability Corporation invested 0% of its portfolio in Lamar Advertising Company (NASDAQ:LAMR). Putnam Invs Limited Liability invested 0.01% in Lamar Advertising Company (NASDAQ:LAMR). Millennium Limited Liability Corp, a New York-based fund reported 68,355 shares. Wfg LP has invested 0.65% of its portfolio in Lamar Advertising Company (NASDAQ:LAMR). Envestnet Asset Management Inc invested 0% in Lamar Advertising Company (NASDAQ:LAMR). Mason Street Advisors Limited Liability holds 0.08% or 40,785 shares in its portfolio. Raymond James Advsrs has 9,571 shares for 0% of their portfolio.

Since May 24, 2017, it had 0 insider buys, and 1 sale for $1.41 million activity. $1.41 million worth of stock was sold by MUMBLOW STEPHEN P on Wednesday, May 24.

Analysts await Benefitfocus Inc (NASDAQ:BNFT) to report earnings on November, 2. They expect $-0.30 earnings per share, down 3.45% or $0.01 from last year’s $-0.29 per share. After $-0.14 actual earnings per share reported by Benefitfocus Inc for the previous quarter, Wall Street now forecasts 114.29% negative EPS growth.

Bamco Inc Ny holds 0.79% of its portfolio in Benefitfocus Inc for 4.25 million shares. Capital Impact Advisors Llc owns 43,284 shares or 0.72% of their US portfolio. Moreover, Hamilton Lane Advisors Llc has 0.71% invested in the company for 35,899 shares. The New York-based Diker Management Llc has invested 0.49% in the stock. Morgens Waterfall Vintiadis & Co Inc, a New York-based fund reported 14,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $266,475 activity.

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