As Medley Cap (MCC) Shares Declined, American Financial Group Lifted Position; Gvo Asset Management LTD Upped Alaska Air Group (ALK) Position by $11.27 Million as Market Value Declined

April 22, 2018 - By Henry Gaston

Gvo Asset Management Ltd increased its stake in Alaska Air Group Inc (ALK) by 274.64% based on its latest 2017Q4 regulatory filing with the SEC. Gvo Asset Management Ltd bought 154,350 shares as the company’s stock declined 17.22% with the market. The institutional investor held 210,550 shares of the transportation company at the end of 2017Q4, valued at $15.48M, up from 56,200 at the end of the previous reported quarter. Gvo Asset Management Ltd who had been investing in Alaska Air Group Inc for a number of months, seems to be bullish on the $8.07B market cap company. The stock decreased 0.20% or $0.13 during the last trading session, reaching $65.39. About 1.76M shares traded. Alaska Air Group, Inc. (NYSE:ALK) has declined 35.27% since April 22, 2017 and is downtrending. It has underperformed by 46.82% the S&P500.

American Financial Group Inc increased its stake in Medley Cap Corp (MCC) by 3.37% based on its latest 2017Q4 regulatory filing with the SEC. American Financial Group Inc bought 74,155 shares as the company’s stock declined 25.60% with the market. The institutional investor held 2.27 million shares of the company at the end of 2017Q4, valued at $11.87M, up from 2.20 million at the end of the previous reported quarter. American Financial Group Inc who had been investing in Medley Cap Corp for a number of months, seems to be bullish on the $232.06 million market cap company. The stock decreased 0.70% or $0.03 during the last trading session, reaching $4.26. About 127,817 shares traded. Medley Capital Corporation (NYSE:MCC) has declined 46.89% since April 22, 2017 and is downtrending. It has underperformed by 58.44% the S&P500.

Investors sentiment decreased to 0.71 in 2017 Q4. Its down 0.21, from 0.92 in 2017Q3. It dropped, as 12 investors sold MCC shares while 30 reduced holdings. 14 funds opened positions while 16 raised stakes. 14.32 million shares or 1.69% less from 14.56 million shares in 2017Q3 were reported. Cue Gru reported 357,600 shares. Fin Group Incorporated reported 2.27M shares stake. Sumitomo Mitsui Asset Management accumulated 179,117 shares or 0.01% of the stock. Architects invested 0% in Medley Capital Corporation (NYSE:MCC). Barclays Public Ltd Llc stated it has 52 shares or 0% of all its holdings. The New York-based Van Eck Assoc Corporation has invested 0.01% in Medley Capital Corporation (NYSE:MCC). Asset Mngmt Inc accumulated 0.04% or 461,639 shares. Invesco Limited has invested 0% in Medley Capital Corporation (NYSE:MCC). Stevens Cap Mgmt LP invested in 0% or 13,008 shares. Whittier Trust Of Nevada Inc stated it has 0% in Medley Capital Corporation (NYSE:MCC). Jpmorgan Chase & Co invested in 216,053 shares. Eaton Vance Mngmt holds 0% or 74,500 shares. Goldman Sachs stated it has 0% in Medley Capital Corporation (NYSE:MCC). Mackenzie Fin Corporation reported 78,470 shares stake. Security National has invested 0% in Medley Capital Corporation (NYSE:MCC).

American Financial Group Inc, which manages about $939.46 million US Long portfolio, decreased its stake in Revolution Lighting Technolo by 171,720 shares to 1.63 million shares, valued at $5.37M in 2017Q4, according to the filing. It also reduced its holding in Agnc Invt Corp by 100,000 shares in the quarter, leaving it with 704,800 shares, and cut its stake in Teva Pharmaceutical Inds Ltd (NYSE:TEVA).

Among 8 analysts covering Medley Capital Corp (NYSE:MCC), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Medley Capital Corp had 21 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, December 7 by Wells Fargo. The firm has “Hold” rating given on Friday, November 3 by Jefferies. The stock of Medley Capital Corporation (NYSE:MCC) earned “Hold” rating by Zacks on Thursday, August 13. Jefferies maintained the stock with “Hold” rating in Tuesday, April 17 report. The stock of Medley Capital Corporation (NYSE:MCC) earned “Hold” rating by Wood on Friday, August 14. Jefferies maintained the stock with “Hold” rating in Tuesday, August 15 report. Janney Capital downgraded the shares of MCC in report on Monday, December 12 to “Neutral” rating. The stock of Medley Capital Corporation (NYSE:MCC) earned “Hold” rating by Keefe Bruyette & Woods on Monday, August 14. As per Tuesday, February 6, the company rating was maintained by Jefferies. The rating was upgraded by Keefe Bruyette & Woods on Monday, December 7 to “Outperform”.

Since February 16, 2018, it had 0 insider buys, and 5 insider sales for $989,848 activity. PEDERSEN BRANDON sold $175,879 worth of Alaska Air Group, Inc. (NYSE:ALK) on Friday, February 16. On Wednesday, February 28 LEVINE KYLE B sold $97,695 worth of Alaska Air Group, Inc. (NYSE:ALK) or 1,503 shares. Another trade for 789 shares valued at $52,020 was made by BERRY CHRISTOPHER MICHAEL on Wednesday, February 21. 2,350 Alaska Air Group, Inc. (NYSE:ALK) shares with value of $152,474 were sold by HARRISON ANDREW R.

Gvo Asset Management Ltd, which manages about $433.62 million US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 103,700 shares to 184,072 shares, valued at $19.69 million in 2017Q4, according to the filing.

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.35, from 1.34 in 2017Q3. It dropped, as 68 investors sold ALK shares while 156 reduced holdings. 80 funds opened positions while 142 raised stakes. 102.14 million shares or 2.96% less from 105.25 million shares in 2017Q3 were reported. Perkins Coie Trust holds 0.01% or 300 shares. D E Shaw & reported 40,342 shares or 0% of all its holdings. Metropolitan Life Insurance New York invested in 0.02% or 23,521 shares. Envestnet Asset Management holds 0.01% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 46,575 shares. Burney accumulated 82,651 shares. San Francisco Sentry Invest Gru (Ca) stated it has 0% in Alaska Air Group, Inc. (NYSE:ALK). Intact Invest Management holds 3,400 shares. Tanaka Capital Mngmt holds 3.14% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 18,704 shares. Texas-based Afam Capital Inc has invested 0.12% in Alaska Air Group, Inc. (NYSE:ALK). Institute For Wealth Mngmt Limited Liability Company has 0.15% invested in Alaska Air Group, Inc. (NYSE:ALK). Investment House Limited Liability Company has invested 0.09% in Alaska Air Group, Inc. (NYSE:ALK). Magnetar Fincl Limited Co reported 10,141 shares stake. Mitchell Mcleod Pugh & Williams holds 0.15% or 3,000 shares in its portfolio. Raymond James Trust Na stated it has 3,092 shares. Newman Dignan Sheerar Inc has invested 0.18% in Alaska Air Group, Inc. (NYSE:ALK).

Alaska Air Group, Inc. (NYSE:ALK) Institutional Positions Chart

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