Levin Capital Strategies LP Trimmed Its New York Times Co (NYT) Position as Stock Value Rose; As Cemex Sab De Cv (CX) Share Price Declined, Shareholder Gmt Capital Cut Stake by $13.50 Million – EN Digest


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Gmt Capital Corp decreased its stake in Cemex Sab De Cv (CX) by 36.27% based on its latest 2018Q3 regulatory filing with the SEC. Gmt Capital Corp sold 1.93 million shares as the company’s stock declined 30.04% with the market. The hedge fund held 3.39M shares of the building materials company at the end of 2018Q3, valued at $23.85M, down from 5.32M at the end of the previous reported quarter. Gmt Capital Corp who had been investing in Cemex Sab De Cv for a number of months, seems to be less bullish one the $7.94 billion market cap company. The stock decreased 0.57% or $0.03 during the last trading session, reaching $5.24. About 4.43M shares traded. CEMEX, S.A.B. de C.V. (NYSE:CX) has declined 35.11% since January 12, 2018 and is downtrending. It has underperformed by 35.11% the S&P500. Some Historical CX News: 26/04/2018 – CEMEX HOLDINGS PHILIPPINES INC CHP.PS – 2018 TOTAL CAPEX GUIDANCE OF 3,740 MLN PESOS; 15/03/2018 – CEMEX GROWTH STRATEGY CONSISTENT W/ INVESTMENT GRADE GOAL: CEO; 14/03/2018 – EMERGING MARKETS-Trump trade talk still drags on LatAm equities; 22/03/2018 – CEMEX Decides Not to Pursue Capital Increase Proposal as Previously Announced; 14/03/2018 – ADRs End Mostly Higher; Prudential PLC, Cemex SAB and Barclays Trade Actively; 05/04/2018 – CEMEX Creates Value Through Digital Transformation: 2017 Integrated Report; 15/03/2018 – Mexico’s Cemex eyes acquisition options in growth markets-CEO; 02/05/2018 – Hagens Berman Reminds Cemex, S.A.B. de C.V. Investors of the May 15, 2018 Securities Class Action Lead Plaintiff Deadline; 20/03/2018 – Glancy Prongay & Murray LLP Continues Investigation on Behalf of CEMEX, S.A.B. de C.V. Investors (CX); 26/03/2018 – The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by CEMEX,

Levin Capital Strategies Lp decreased its stake in New York Times Co (NYT) by 21.33% based on its latest 2018Q3 regulatory filing with the SEC. Levin Capital Strategies Lp sold 19,125 shares as the company’s stock rose 16.18% while stock markets declined. The hedge fund held 70,555 shares of the newspapers and magazines company at the end of 2018Q3, valued at $1.63M, down from 89,680 at the end of the previous reported quarter. Levin Capital Strategies Lp who had been investing in New York Times Co for a number of months, seems to be less bullish one the $4.01B market cap company. The stock increased 2.15% or $0.51 during the last trading session, reaching $24.28. About 1.54 million shares traded. The New York Times Company (NYSE:NYT) has risen 44.00% since January 12, 2018 and is uptrending. It has outperformed by 44.00% the S&P500. Some Historical NYT News: 07/03/2018 – New York Post: New York Times doc to close Tribeca Film Festival; 16/04/2018 – Alert: The New York Times won 3 Pulitzers, sharing the public; 03/05/2018 – NEW YORK TIMES 1Q ADJ EPS CONT OPS 17C, EST. 16C; 06/05/2018 – Podcast transcript: New York Times journalist @AmyChozick talks about her book “Chasing Hillary” on Recode Media; 11/04/2018 – Kyle Griffin: WaPo confirms NYT scoop: A search warrant used to raid the office and residences of Michael Cohen sought all his; 19/03/2018 – Facebook security chief set to leave company after clashes over disinformation: New York Times, citing; 15/03/2018 – The Situation Room: BREAKING: Special counsel Robert Mueller has subpoenaed the Trump Organization for documents, including; 13/03/2018 – Trump may select Energy Secretary Rick Perry for the position, the New York Times reports, citing two people close to the White House; 12/04/2018 – NYT/@realDonaldTrump: If I wanted to fire Robert Mueller in December, as reported by the Failing New York Times, I would have fired him. Just more Fake News from a biased newspaper! – ! $NYT; 25/04/2018 – NFL owners, in a secret meeting last year, expressed fears that President Trump would continue pounding the league over players’ protests during the national anthem, The New York Times reports

Since July 17, 2018, it had 0 insider buys, and 8 selling transactions for $11.29 million activity. Inversora Carso – S.A. de C.V. also sold $2.06M worth of The New York Times Company (NYSE:NYT) shares. Thompson Mark sold $1.04 million worth of The New York Times Company (NYSE:NYT) on Thursday, November 15. 11,015 shares were sold by BENTEN R ANTHONY, worth $304,823 on Thursday, November 8. On Monday, November 5 TOBEN DOREEN A sold $14,010 worth of The New York Times Company (NYSE:NYT) or 500 shares.

Among 7 analysts covering New York Times (NYSE:NYT), 4 have Buy rating, 2 Sell and 1 Hold. Therefore 57% are positive. New York Times had 18 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, July 10 with “Hold”. The rating was maintained by FBR Capital with “Hold” on Thursday, August 6. The rating was maintained by Jefferies on Monday, September 11 with “Hold”. The firm earned “Hold” rating on Thursday, February 8 by Jefferies. On Monday, June 5 the stock rating was maintained by Jefferies with “Hold”. The firm has “Buy” rating given on Monday, April 30 by J.P. Morgan. The stock of The New York Times Company (NYSE:NYT) has “Hold” rating given on Thursday, July 27 by Jefferies. Barclays Capital downgraded The New York Times Company (NYSE:NYT) on Tuesday, November 6 to “Underweight” rating. The rating was maintained by Jefferies on Monday, October 16 with “Hold”. The firm earned “Equal-Weight” rating on Wednesday, July 19 by Barclays Capital.

Investors sentiment decreased to 1.15 in Q3 2018. Its down 0.16, from 1.31 in 2018Q2. It is negative, as 27 investors sold NYT shares while 55 reduced holdings. 32 funds opened positions while 62 raised stakes. 141.17 million shares or 0.18% more from 140.92 million shares in 2018Q2 were reported. Ftb Advisors reported 303 shares. Neuberger Berman Limited Co has invested 0% in The New York Times Company (NYSE:NYT). Parametric Portfolio Limited Liability Company reported 353,007 shares. Wexford Lp invested in 60,629 shares. Ls Inv Limited Company invested in 10,378 shares or 0.01% of the stock. Citadel Advsr Ltd holds 0% or 16,045 shares. Aperio Ltd Liability Co holds 43,217 shares. Goldman Sachs Grp Incorporated Inc, New York-based fund reported 1.07M shares. Northwestern Mutual Wealth Management Co invested 0% in The New York Times Company (NYSE:NYT). Invesco Ltd owns 296,090 shares. Millennium Mngmt Limited Liability Company accumulated 734,930 shares. Royal Bankshares Of Canada accumulated 0% or 139,953 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt System reported 28,670 shares stake. Gabelli Funds Limited Liability Corporation reported 10,000 shares stake. Jefferies Group Limited Liability Corp holds 33,218 shares or 0.01% of its portfolio.

Analysts await The New York Times Company (NYSE:NYT) to report earnings on February, 14. They expect $0.28 EPS, down 28.21% or $0.11 from last year’s $0.39 per share. NYT’s profit will be $46.19M for 21.68 P/E if the $0.28 EPS becomes a reality. After $0.15 actual EPS reported by The New York Times Company for the previous quarter, Wall Street now forecasts 86.67% EPS growth.

More important recent The New York Times Company (NYSE:NYT) news were published by: Seekingalpha.com which released: “NYT +7.5% to decade-plus high after solid Q3 topper – Seeking Alpha” on November 01, 2018, also Nytimes.com published article titled: “Wall Street Shrugs Off Macy’s, Rallies for Fifth Session – The New York Times”, Nytimes.com published: “Bitcoin Sees Wall Street Warm to Trading Virtual Currency – The New York Times” on May 07, 2018. More interesting news about The New York Times Company (NYSE:NYT) was released by: Forbes.com and their article: “Can Accelerated Subscriber Growth Justify A $30 Fair Value For New York Times’ Stock? – Forbes” with publication date: December 21, 2018.

Levin Capital Strategies Lp, which manages about $8.28 billion and $5.81B US Long portfolio, upped its stake in Xerox Corp by 12,735 shares to 197,327 shares, valued at $5.32M in 2018Q3, according to the filing. It also increased its holding in Intel Corp (NASDAQ:INTC) by 1.53 million shares in the quarter, for a total of 5.72M shares, and has risen its stake in Bio Rad Labs Inc (NYSE:BIO).

Gmt Capital Corp, which manages about $9.19B and $3.85B US Long portfolio, upped its stake in Penn Va Corp New by 38,500 shares to 195,000 shares, valued at $15.71M in 2018Q3, according to the filing. It also increased its holding in Lkq Corp (NASDAQ:LKQ) by 132,840 shares in the quarter, for a total of 1.03M shares, and has risen its stake in Beacon Roofing Supply Inc (NASDAQ:BECN).

More notable recent CEMEX, S.A.B. de C.V. (NYSE:CX) news were published by: Investorplace.com which released: “5 Mexican Stocks That Should Benefit From the Recent Trade Agreement – Investorplace.com” on August 30, 2018, also Seekingalpha.com with their article: “Cemex: Is It Time To Buy Now? – Seeking Alpha” published on February 08, 2018, Seekingalpha.com published: “Cemex Still Undervalued – And Somewhat Underwhelming – Seeking Alpha” on September 17, 2018. More interesting news about CEMEX, S.A.B. de C.V. (NYSE:CX) were released by: Benzinga.com and their article: “A Lack Of Catalysts Sinks Cemex (NYSE: CX) Rating – Benzinga” published on August 29, 2017 as well as Investorplace.com‘s news article titled: “5 “Anti-Trump” Stocks to Buy As They Blitz Higher Today – Investorplace.com” with publication date: January 09, 2019.

Among 17 analysts covering CEMEX S.A.B. de C.V. (NYSE:CX), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. CEMEX S.A.B. de C.V. had 47 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of CEMEX, S.A.B. de C.V. (NYSE:CX) earned “Overweight” rating by Morgan Stanley on Tuesday, April 4. The firm earned “Overweight” rating on Monday, August 15 by JP Morgan. Credit Suisse downgraded the shares of CX in report on Monday, December 14 to “Neutral” rating. Macquarie Research downgraded CEMEX, S.A.B. de C.V. (NYSE:CX) rating on Friday, January 8. Macquarie Research has “Neutral” rating and $7.30 target. The firm has “Sell” rating given on Monday, July 17 by Citigroup. On Tuesday, June 20 the stock rating was upgraded by Bank of America to “Buy”. The stock of CEMEX, S.A.B. de C.V. (NYSE:CX) has “Hold” rating given on Monday, August 15 by Santander. The stock has “Hold” rating by Bank of America on Tuesday, August 29. The stock of CEMEX, S.A.B. de C.V. (NYSE:CX) earned “Sell” rating by UBS on Thursday, February 15. The firm has “Buy” rating by Bank of America given on Monday, April 9.

The New York Times Company (NYSE:NYT) Institutional Positions Chart

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