Dreman Value Management Position in Cummins Common Stock Usd2.5 (CMI) Boosted by $368,192; Prescott Group Capital Management Maintains Holding in Global Eagle Entmt (ENT)

April 21, 2018 - By Migdalia James

Global Eagle Entertainment Inc. (NASDAQ:ENT) Logo

Phil Frohlich increased its stake in Global Eagle Entmt Inc (ENT) by 97.23% based on its latest 2017Q4 regulatory filing with the SEC. Prescott Group Capital Management Llc bought 1.18 million shares as the company’s stock declined 41.04% with the market. The hedge fund run by Phil Frohlich held 2.39M shares of the telecommunications equipment company at the end of 2017Q4, valued at $5.47 million, up from 1.21M at the end of the previous reported quarter. Prescott Group Capital Management Llc who had been investing in Global Eagle Entmt Inc for a number of months, seems to be bullish on the $108.05 million market cap company. The stock decreased 4.03% or $0.05 during the last trading session, reaching $1.19. About 349,538 shares traded. Global Eagle Entertainment Inc. (NASDAQ:ENT) has declined 52.72% since April 21, 2017 and is downtrending. It has underperformed by 64.27% the S&P500.

David Dreman increased its stake in Cummins Inc Common Stock Usd2.5 (CMI) by 4754.55% based on its latest 2017Q4 regulatory filing with the SEC. Dreman Value Management Llc bought 2,092 shares as the company’s stock declined 9.68% with the market. The hedge fund run by David Dreman held 2,136 shares of the industrial machinery and components company at the end of 2017Q4, valued at $377,000, up from 44 at the end of the previous reported quarter. Dreman Value Management Llc who had been investing in Cummins Inc Common Stock Usd2.5 for a number of months, seems to be bullish on the $27.78B market cap company. The stock decreased 0.44% or $0.75 during the last trading session, reaching $168.77. About 825,674 shares traded. Cummins Inc. (NYSE:CMI) has risen 6.07% since April 21, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Among 30 analysts covering Cummins (NYSE:CMI), 10 have Buy rating, 1 Sell and 19 Hold. Therefore 33% are positive. Cummins had 106 analyst reports since July 22, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of CMI in report on Thursday, April 21 with “Overweight” rating. Buckingham Research downgraded the shares of CMI in report on Wednesday, April 6 to “Neutral” rating. The stock of Cummins Inc. (NYSE:CMI) earned “Sell” rating by Robert W. Baird on Tuesday, February 6. Buckingham Research maintained Cummins Inc. (NYSE:CMI) rating on Wednesday, November 1. Buckingham Research has “Buy” rating and $195 target. CLSA downgraded the stock to “Outperform” rating in Thursday, December 1 report. The stock of Cummins Inc. (NYSE:CMI) has “Neutral” rating given on Tuesday, October 20 by UBS. Piper Jaffray maintained the stock with “Hold” rating in Tuesday, July 11 report. On Thursday, November 16 the stock rating was maintained by Melius Research with “Buy”. The stock of Cummins Inc. (NYSE:CMI) has “Hold” rating given on Monday, September 28 by BB&T Capital. The stock of Cummins Inc. (NYSE:CMI) has “Hold” rating given on Monday, September 11 by Piper Jaffray.

Investors sentiment increased to 1.27 in 2017 Q4. Its up 0.17, from 1.1 in 2017Q3. It increased, as 47 investors sold CMI shares while 251 reduced holdings. 108 funds opened positions while 271 raised stakes. 131.82 million shares or 0.31% less from 132.23 million shares in 2017Q3 were reported. Ferguson Wellman Cap Mgmt holds 0.03% in Cummins Inc. (NYSE:CMI) or 4,717 shares. 53,916 were reported by Macquarie Gp Limited. Fred Alger Inc reported 145 shares stake. 226,639 are owned by Gotham Asset Mngmt Ltd Limited Liability Company. Dreman Value L L C has invested 0.21% in Cummins Inc. (NYSE:CMI). Kistler invested in 0.2% or 2,925 shares. Lingohr Partner Asset Mgmt Gmbh invested in 2,291 shares or 0.21% of the stock. Cincinnati Financial has invested 0.13% of its portfolio in Cummins Inc. (NYSE:CMI). Mengis Capital Mgmt invested in 0.29% or 2,750 shares. Piedmont Limited Liability owns 0.18% invested in Cummins Inc. (NYSE:CMI) for 49,938 shares. Hall Laurie J Trustee, a Massachusetts-based fund reported 2,260 shares. Maryland-based Profund Advisors Limited Liability Co has invested 0.03% in Cummins Inc. (NYSE:CMI). The Massachusetts-based Martingale Asset Mngmt Lp has invested 0.01% in Cummins Inc. (NYSE:CMI). Gulf National Bank & Trust (Uk) reported 0.11% stake. Evercore Wealth Mgmt Ltd Llc accumulated 0.02% or 2,501 shares.

Dreman Value Management Llc, which manages about $2.21 billion and $177.40 million US Long portfolio, decreased its stake in Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) by 41,887 shares to 161 shares, valued at $3,000 in 2017Q4, according to the filing. It also reduced its holding in Federated Investors Inc Cl B Common Stock (NYSE:FII) by 10,282 shares in the quarter, leaving it with 1,234 shares, and cut its stake in At& T Inc (NYSE:T).

Since February 22, 2018, it had 0 buys, and 6 sales for $298,319 activity.

Prescott Group Capital Management Llc, which manages about $576.56 million and $482.73M US Long portfolio, decreased its stake in Verso Corp by 500,004 shares to 60,786 shares, valued at $1.07 million in 2017Q4, according to the filing. It also reduced its holding in Performant Finl Corp (NASDAQ:PFMT) by 736,551 shares in the quarter, leaving it with 4.24 million shares, and cut its stake in Nci Building Sys Inc (NYSE:NCS).

Cummins Inc. (NYSE:CMI) Institutional Positions Chart

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