Stonerise Capital Management Lowered By $1.64 Million Its Yelp (YELP) Holding; Independent Order Of Foresters Has Lowered Its Taubman Centers (TCO) Position

May 19, 2018 - By Ellis Scott

Yelp Inc. (NYSE:YELP) Logo

Independent Order Of Foresters decreased Taubman Centers Inc. (TCO) stake by 9.99% reported in 2017Q4 SEC filing. Independent Order Of Foresters sold 5,459 shares as Taubman Centers Inc. (TCO)’s stock declined 13.34%. The Independent Order Of Foresters holds 49,189 shares with $3.22 million value, down from 54,648 last quarter. Taubman Centers Inc. now has $4.46B valuation. The stock decreased 0.65% or $0.34 during the last trading session, reaching $51.87. About 939,230 shares traded or 50.62% up from the average. Taubman Centers, Inc. (NYSE:TCO) has declined 12.94% since May 19, 2017 and is downtrending. It has underperformed by 24.49% the S&P500.

Stonerise Capital Management Llc decreased Yelp Inc (YELP) stake by 22.26% reported in 2017Q4 SEC filing. Stonerise Capital Management Llc sold 40,000 shares as Yelp Inc (YELP)’s stock declined 1.69%. The Stonerise Capital Management Llc holds 139,700 shares with $5.86M value, down from 179,700 last quarter. Yelp Inc now has $3.89 billion valuation. The stock increased 2.68% or $1.21 during the last trading session, reaching $46.44. About 2.43M shares traded or 88.77% up from the average. Yelp Inc. (NYSE:YELP) has risen 27.04% since May 19, 2017 and is uptrending. It has outperformed by 15.49% the S&P500.

Investors sentiment increased to 1.28 in Q4 2017. Its up 0.06, from 1.22 in 2017Q3. It is positive, as 30 investors sold TCO shares while 63 reduced holdings. 54 funds opened positions while 65 raised stakes. 65.43 million shares or 15.75% more from 56.53 million shares in 2017Q3 were reported. Ameritas Inv Prtn Inc reported 18,162 shares. Canada Pension Plan Investment Board reported 0% of its portfolio in Taubman Centers, Inc. (NYSE:TCO). Horizon Kinetics Ltd has 0.01% invested in Taubman Centers, Inc. (NYSE:TCO) for 6,289 shares. Moreover, Daiwa Secs Gp has 0% invested in Taubman Centers, Inc. (NYSE:TCO) for 6,800 shares. Oppenheimer Asset Inc accumulated 7,125 shares or 0.01% of the stock. Nomura Asset owns 35,180 shares for 0.03% of their portfolio. Pensionfund Dsm Netherlands has invested 0.15% in Taubman Centers, Inc. (NYSE:TCO). Wells Fargo Mn holds 55,630 shares. Suntrust Banks stated it has 0.01% of its portfolio in Taubman Centers, Inc. (NYSE:TCO). 25,473 were reported by Zurcher Kantonalbank (Zurich Cantonalbank). Invesco Limited owns 253,752 shares or 0.01% of their US portfolio. Shelton Capital Management reported 4,514 shares stake. Prelude Mgmt Limited Liability Company reported 0.2% in Taubman Centers, Inc. (NYSE:TCO). Vanguard Grp Incorporated, Pennsylvania-based fund reported 9.54M shares. The New York-based Mutual Of America Capital Mngmt Ltd Liability has invested 0.05% in Taubman Centers, Inc. (NYSE:TCO).

More notable recent Taubman Centers, Inc. (NYSE:TCO) news were published by: Benzinga.com which released: “Why Elliott’s Taubman Exit Could Hurt Land & Building’s Cause” on May 14, 2018, also Bizjournals.com with their article: “North American megamall with indoor ski slope is en route to Florida” published on May 18, 2018, Seekingalpha.com published: “Taubman Centers’ (TCO) CEO Robert Taubman on Q4 2017 Results – Earnings Call Transcript” on April 27, 2018. More interesting news about Taubman Centers, Inc. (NYSE:TCO) were released by: Streetinsider.com and their article: “Elliott’s 13F Shows New Stake in Commault (CVLT), Dish (DISH), Micro Focus (MFGP) (more…)” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “M&A hope at Macerich after CEO’s retirement” with publication date: April 20, 2018.

Among 19 analysts covering Taubman Centers Inc. (NYSE:TCO), 4 have Buy rating, 1 Sell and 14 Hold. Therefore 21% are positive. Taubman Centers Inc. had 36 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by KeyBanc Capital Markets on Monday, September 14 to “Overweight”. The firm has “Hold” rating by Boenning & Scattergood given on Monday, July 31. The stock of Taubman Centers, Inc. (NYSE:TCO) has “Neutral” rating given on Tuesday, February 13 by Citigroup. The stock has “Mkt Perform” rating by Raymond James on Friday, September 18. The firm has “Neutral” rating given on Thursday, September 29 by UBS. BMO Capital Markets maintained it with “Hold” rating and $62.0 target in Tuesday, January 9 report. The rating was reinitiated by Credit Suisse with “Outperform” on Wednesday, March 16. The stock has “Hold” rating by Evercore on Monday, November 16. As per Wednesday, October 11, the company rating was maintained by Jefferies. The firm earned “Hold” rating on Monday, June 19 by Jefferies.

Since December 13, 2017, it had 1 insider buy, and 5 selling transactions for $5.70 million activity. Shares for $20,657 were sold by Wolff David A.. 4,000 shares were bought by Marakovits Cornelia Connelly, worth $253,400 on Friday, December 15. On Wednesday, December 13 the insider TAUBMAN WILLIAM S sold $2.19M. HATKOFF CRAIG M sold $79,137 worth of stock. TAUBMAN ROBERT S also sold $3.64 million worth of Taubman Centers, Inc. (NYSE:TCO) on Wednesday, December 13.

Analysts await Taubman Centers, Inc. (NYSE:TCO) to report earnings on July, 26. They expect $0.87 earnings per share, up 1.16% or $0.01 from last year’s $0.86 per share. TCO’s profit will be $74.77 million for 14.91 P/E if the $0.87 EPS becomes a reality. After $1.04 actual earnings per share reported by Taubman Centers, Inc. for the previous quarter, Wall Street now forecasts -16.35% negative EPS growth.

Investors sentiment increased to 1.33 in 2017 Q4. Its up 0.48, from 0.85 in 2017Q3. It is positive, as 37 investors sold YELP shares while 49 reduced holdings. 44 funds opened positions while 70 raised stakes. 60.57 million shares or 0.90% more from 60.04 million shares in 2017Q3 were reported. Deutsche State Bank Ag has 0.01% invested in Yelp Inc. (NYSE:YELP) for 532,798 shares. Grp One Trading Ltd Partnership stated it has 99,251 shares or 0.03% of all its holdings. Parametrica Mgmt Ltd stated it has 0.18% in Yelp Inc. (NYSE:YELP). Parallax Volatility Advisers Lp holds 0.01% or 236,020 shares. Fred Alger Mngmt stated it has 0% of its portfolio in Yelp Inc. (NYSE:YELP). Panagora Asset Mgmt stated it has 0% of its portfolio in Yelp Inc. (NYSE:YELP). Millennium Management Ltd Liability Company reported 0.03% of its portfolio in Yelp Inc. (NYSE:YELP). Sei Investments Co has 0.07% invested in Yelp Inc. (NYSE:YELP) for 480,597 shares. Gsa Prtnrs Llp holds 13,002 shares. The Connecticut-based Tudor Inv Et Al has invested 0.01% in Yelp Inc. (NYSE:YELP). Raymond James And Associate owns 27,622 shares or 0% of their US portfolio. Secor Advisors Ltd Partnership holds 16,665 shares or 0.03% of its portfolio. Eminence Cap Lp stated it has 1.33% of its portfolio in Yelp Inc. (NYSE:YELP). The Switzerland-based Swiss Bancorporation has invested 0.01% in Yelp Inc. (NYSE:YELP). The Massachusetts-based Portolan Ltd Limited Liability Company has invested 0.46% in Yelp Inc. (NYSE:YELP).

Since December 12, 2017, it had 0 buys, and 30 insider sales for $11.35 million activity. Shares for $252,236 were sold by Donaker Geoffrey L. 14,500 shares were sold by Nachman Joseph R, worth $657,273. Shares for $565,222 were sold by Stoppelman Jeremy on Tuesday, January 16.

Analysts await Yelp Inc. (NYSE:YELP) to report earnings on August, 2. They expect $0.02 earnings per share, down 77.78% or $0.07 from last year’s $0.09 per share. YELP’s profit will be $1.67 million for 580.50 P/E if the $0.02 EPS becomes a reality. After $-0.03 actual earnings per share reported by Yelp Inc. for the previous quarter, Wall Street now forecasts -166.67% EPS growth.

More notable recent Yelp Inc. (NYSE:YELP) news were published by: Seekingalpha.com which released: “Yelp: Upside Momentum Ahead” on May 19, 2018, also Seekingalpha.com with their article: “Yelp +3.4% as B. Riley boosts to Buy” published on May 18, 2018, Seekingalpha.com published: “Yelp: Another Dip Opportunity” on May 14, 2018. More interesting news about Yelp Inc. (NYSE:YELP) were released by: 247Wallst.com and their article: “What to Look For in Yelp Earnings” published on May 10, 2018 as well as Investorplace.com‘s news article titled: “Yelp Inc Stock Will Continue to Drop Thanks to Amazon, Facebook and Google” with publication date: May 15, 2018.

Yelp Inc. (NYSE:YELP) Institutional Positions Chart

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