Sifco Industries (SIF) Stake Increased by Minerva Advisors Llc; Schwerin Boyle Capital Management Holding in Foot Locker (FL) Has Trimmed by $3.22 Million

May 16, 2018 - By Marie Mckinney

Foot Locker, Inc. (NYSE:FL) Logo

Schwerin Boyle Capital Management Inc decreased its stake in Foot Locker Inc. (FL) by 33.33% based on its latest 2017Q4 regulatory filing with the SEC. Schwerin Boyle Capital Management Inc sold 70,000 shares as the company’s stock declined 6.67% with the market. The hedge fund held 140,000 shares of the consumer services company at the end of 2017Q4, valued at $6.56 million, down from 210,000 at the end of the previous reported quarter. Schwerin Boyle Capital Management Inc who had been investing in Foot Locker Inc. for a number of months, seems to be less bullish one the $5.21B market cap company. The stock increased 1.19% or $0.52 during the last trading session, reaching $44.14. About 2.30 million shares traded. Foot Locker, Inc. (NYSE:FL) has declined 39.41% since May 16, 2017 and is downtrending. It has underperformed by 50.96% the S&P500.

Minerva Advisors Llc increased its stake in Sifco Industries Inc (SIF) by 213.08% based on its latest 2017Q4 regulatory filing with the SEC. Minerva Advisors Llc bought 66,851 shares as the company’s stock declined 21.70% with the market. The hedge fund held 98,225 shares of the capital goods company at the end of 2017Q4, valued at $653,000, up from 31,374 at the end of the previous reported quarter. Minerva Advisors Llc who had been investing in Sifco Industries Inc for a number of months, seems to be bullish on the $31.42 million market cap company. The stock decreased 1.41% or $0.08 during the last trading session, reaching $5.52. About 7,205 shares traded or 129.31% up from the average. SIFCO Industries, Inc. (NYSEMKT:SIF) has declined 46.35% since May 16, 2017 and is downtrending. It has underperformed by 57.90% the S&P500.

Analysts await Foot Locker, Inc. (NYSE:FL) to report earnings on May, 25 before the open. They expect $1.25 earnings per share, down 8.09% or $0.11 from last year’s $1.36 per share. FL’s profit will be $147.66M for 8.83 P/E if the $1.25 EPS becomes a reality. After $1.26 actual earnings per share reported by Foot Locker, Inc. for the previous quarter, Wall Street now forecasts -0.79% negative EPS growth.

Since January 9, 2018, it had 0 insider buys, and 5 insider sales for $3.34 million activity. Kimble Lewis Phillip sold $471,647 worth of Foot Locker, Inc. (NYSE:FL) on Monday, March 12. 1,500 Foot Locker, Inc. (NYSE:FL) shares with value of $65,161 were sold by GILBERT JAROBIN JR. 25,000 shares were sold by Johnson Richard A, worth $1.25 million. 21,000 Foot Locker, Inc. (NYSE:FL) shares with value of $1.05 million were sold by Cipriano Giovanna.

Schwerin Boyle Capital Management Inc, which manages about $781.49 million and $917.16M US Long portfolio, upped its stake in Bank Of America (NYSE:BAC) by 234,489 shares to 1.65M shares, valued at $48.61M in 2017Q4, according to the filing.

Another recent and important Foot Locker, Inc. (NYSE:FL) news was published by Seekingalpha.com which published an article titled: “Foot Locker: Dividend Looks Rock Solid” on May 09, 2018.

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.08, from 0.81 in 2017Q3. It increased, as 55 investors sold FL shares while 151 reduced holdings. 85 funds opened positions while 98 raised stakes. 108.01 million shares or 1.87% more from 106.03 million shares in 2017Q3 were reported. Thrivent Financial For Lutherans owns 5,046 shares. State Board Of Administration Of Florida Retirement System holds 0.02% or 187,364 shares. Art Advsrs Limited Com owns 205,874 shares. Credit Agricole S A accumulated 5,400 shares or 0.02% of the stock. Rockefeller Fin Incorporated stated it has 0.88% in Foot Locker, Inc. (NYSE:FL). Gemmer Asset Ltd Liability Corporation accumulated 0.01% or 317 shares. Swiss National Bank & Trust, a Switzerland-based fund reported 211,200 shares. Ifrah Svcs has 6,021 shares. Moneta Grp Inv Advsrs Lc holds 0% of its portfolio in Foot Locker, Inc. (NYSE:FL) for 65 shares. Aperio Grp Limited Liability stated it has 138,898 shares or 0.03% of all its holdings. Morgan Stanley has invested 0.01% in Foot Locker, Inc. (NYSE:FL). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 6,388 shares. First Allied Advisory has invested 0.02% in Foot Locker, Inc. (NYSE:FL). Qs Invsts Ltd invested in 138,515 shares or 0.06% of the stock. Ing Groep Nv invested in 12,040 shares.

Among 32 analysts covering Foot Locker Inc. (NYSE:FL), 18 have Buy rating, 1 Sell and 13 Hold. Therefore 56% are positive. Foot Locker Inc. had 138 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained the shares of FL in report on Monday, August 22 with “Buy” rating. As per Wednesday, February 24, the company rating was maintained by B. Riley & Co. The firm has “Buy” rating given on Thursday, December 14 by Guggenheim. The firm has “Hold” rating given on Wednesday, November 15 by Canaccord Genuity. PiperJaffray downgraded the stock to “Neutral” rating in Monday, November 21 report. The stock of Foot Locker, Inc. (NYSE:FL) has “Buy” rating given on Friday, January 19 by Telsey Advisory. The stock of Foot Locker, Inc. (NYSE:FL) has “Neutral” rating given on Monday, August 24 by Piper Jaffray. The stock of Foot Locker, Inc. (NYSE:FL) earned “Buy” rating by Susquehanna on Thursday, June 15. As per Tuesday, December 22, the company rating was upgraded by Bank of America. On Tuesday, January 5 the stock rating was maintained by Deutsche Bank with “Buy”.

SIFCO Industries, Inc. (NYSEAMERICAN:SIF) Institutional Positions Chart

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