Lomas Capital Management Stake in Beacon Roofing Supply (BECN) Decreased as Market Value Declined; Lumina Fund Management Continues to Hold Position in Bunge Limited (BG)

April 17, 2018 - By Michael Leger

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Logo

Daniel Lascano decreased its stake in Beacon Roofing Supply Inc (BECN) by 2.93% based on its latest 2017Q4 regulatory filing with the SEC. Lomas Capital Management Llc sold 7,160 shares as the company’s stock declined 13.60% with the market. The hedge fund run by Daniel Lascano held 237,063 shares of the consumer services company at the end of 2017Q4, valued at $15.12M, down from 244,223 at the end of the previous reported quarter. Lomas Capital Management Llc who had been investing in Beacon Roofing Supply Inc for a number of months, seems to be less bullish one the $3.54 billion market cap company. The stock increased 2.32% or $1.18 during the last trading session, reaching $52.05. About 301,690 shares traded. Beacon Roofing Supply, Inc. (NASDAQ:BECN) has risen 10.99% since April 17, 2017 and is uptrending. It has underperformed by 0.56% the S&P500.

Lumina Fund Management Llc increased its stake in Bunge Limited (BG) by 11.46% based on its latest 2017Q4 regulatory filing with the SEC. Lumina Fund Management Llc bought 8,500 shares as the company’s stock rose 8.80% while stock markets declined. The institutional investor held 82,700 shares of the packaged foods company at the end of 2017Q4, valued at $5.55 million, up from 74,200 at the end of the previous reported quarter. Lumina Fund Management Llc who had been investing in Bunge Limited for a number of months, seems to be bullish on the $10.58B market cap company. The stock decreased 0.11% or $0.08 during the last trading session, reaching $75.06. About 901,217 shares traded. Bunge Limited (NYSE:BG) has declined 9.19% since April 17, 2017 and is downtrending. It has underperformed by 20.74% the S&P500.

Among 11 analysts covering Bunge Limited (NYSE:BG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Bunge Limited had 35 analyst reports since July 31, 2015 according to SRatingsIntel. The company was upgraded on Thursday, February 15 by Stephens. Credit Suisse upgraded the stock to “Outperform” rating in Tuesday, September 29 report. The firm earned “Buy” rating on Friday, April 29 by Citigroup. The stock of Bunge Limited (NYSE:BG) has “Hold” rating given on Friday, October 13 by Robert W. Baird. The rating was maintained by BMO Capital Markets on Wednesday, September 27 with “Buy”. The stock has “Hold” rating by TheStreet on Monday, August 3. The stock of Bunge Limited (NYSE:BG) earned “Buy” rating by Bank of America on Tuesday, August 2. The stock of Bunge Limited (NYSE:BG) earned “Buy” rating by Piper Jaffray on Wednesday, February 14. The stock of Bunge Limited (NYSE:BG) earned “Neutral” rating by Goldman Sachs on Monday, March 20. Citigroup maintained Bunge Limited (NYSE:BG) on Wednesday, July 12 with “Buy” rating.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.17, from 1.06 in 2017Q3. It worsened, as 48 investors sold BG shares while 125 reduced holdings. 59 funds opened positions while 95 raised stakes. 107.71 million shares or 1.45% less from 109.29 million shares in 2017Q3 were reported. Iowa-based Principal Grp Inc has invested 0.01% in Bunge Limited (NYSE:BG). Loring Wolcott Coolidge Fiduciary Llp Ma reported 1,000 shares. Bb&T Securities Limited Liability Corp holds 0% or 5,000 shares in its portfolio. Jane Street Gp Ltd Liability Com reported 31,794 shares. Natixis stated it has 158,394 shares or 0.08% of all its holdings. Tiaa Cref Inv Limited Co holds 0.05% of its portfolio in Bunge Limited (NYSE:BG) for 1.14M shares. Moore Management Lp stated it has 145,605 shares. Macquarie Grp Incorporated Limited holds 0% or 27,900 shares. Cubist Systematic Strategies Limited Liability Corp owns 11,964 shares for 0.04% of their portfolio. Vident Inv Advisory Ltd Co stated it has 0.15% in Bunge Limited (NYSE:BG). Moreover, Highbridge Cap Management Limited Liability Com has 0.25% invested in Bunge Limited (NYSE:BG) for 210,000 shares. Rothschild Investment Corporation Il accumulated 4,550 shares. Royal Fincl Bank Of Canada holds 351,262 shares or 0.01% of its portfolio. Retail Bank Of Montreal Can invested in 0.02% or 399,783 shares. At Bancshares has 18,454 shares.

Lumina Fund Management Llc, which manages about $805.90M and $1.08 billion US Long portfolio, decreased its stake in Viacom Inc New (Call) (NASDAQ:VIA) by 191,200 shares to 20,000 shares, valued at $550,000 in 2017Q4, according to the filing. It also reduced its holding in Viacom Inc New (NASDAQ:VIA) by 22,500 shares in the quarter, leaving it with 188,700 shares, and cut its stake in Vanguard Whitehall Fds Inc (VYM).

Investors sentiment decreased to 1.38 in Q4 2017. Its down 0.53, from 1.91 in 2017Q3. It fall, as 22 investors sold BECN shares while 77 reduced holdings. 63 funds opened positions while 74 raised stakes. 64.82 million shares or 2.48% less from 66.46 million shares in 2017Q3 were reported. Mark Sheptoff Planning Ltd Liability Com has invested 0.51% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Voloridge Invest Mngmt Ltd Llc owns 102,437 shares for 0.14% of their portfolio. Metropolitan Life Ins reported 20,741 shares or 0.02% of all its holdings. Oak Ridge Investments Ltd stated it has 529,767 shares. Reilly Fincl Lc invested 0% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Secor Cap Advisors Limited Partnership reported 0.37% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Dimensional Fund Advsr LP invested in 2.53M shares. Etrade Mngmt Limited Company has 0.01% invested in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 4,345 shares. Teacher Retirement Of Texas invested in 22,704 shares or 0.01% of the stock. Cornerstone Management Hldgs Limited Liability Corporation has invested 0.01% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Great West Life Assurance Com Can holds 8,916 shares or 0% of its portfolio. Skylands Cap invested in 1.87% or 227,550 shares. Swiss National Bank accumulated 113,700 shares. Gsa Capital Prtnrs Llp stated it has 18,751 shares. Jpmorgan Chase And Com, New York-based fund reported 31,078 shares.

Among 18 analysts covering Beacon Roofing Supply (NASDAQ:BECN), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. Beacon Roofing Supply had 47 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, November 22. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) has “Outperform” rating given on Tuesday, January 19 by William Blair. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Overweight” rating by KeyBanc Capital Markets on Friday, August 25. Citigroup initiated the shares of BECN in report on Monday, January 11 with “Neutral” rating. On Friday, February 9 the stock rating was maintained by Citigroup with “Neutral”. The firm has “Buy” rating given on Thursday, October 19 by Jefferies. The firm has “Buy” rating by Northcoast given on Monday, January 8. The firm earned “Buy” rating on Friday, August 4 by RBC Capital Markets. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Buy” rating by Jefferies on Wednesday, October 11. The firm earned “Equal-Weight” rating on Monday, November 30 by Stephens.

Lomas Capital Management Llc, which manages about $667.52 million and $496.24 million US Long portfolio, upped its stake in Athene Hldg Ltd by 279,224 shares to 649,574 shares, valued at $33.59 million in 2017Q4, according to the filing. It also increased its holding in Renaissancere Holdings Ltd (NYSE:RNR) by 7,799 shares in the quarter, for a total of 109,257 shares, and has risen its stake in Nextera Energy Inc (NYSE:NEE).

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Institutional Positions Chart

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