As Extended Stay Amer (STAY) Stock Value Rose, Hamlin Capital Management Has Decreased by $708,928 Its Holding; Hormel Foods (HRL) Shareholder Virtus Investment Advisers Lowered Position by $317,952

February 15, 2018 - By Migdalia James

Hamlin Capital Management Llc decreased its stake in Extended Stay Amer Inc (STAY) by 0.71% based on its latest 2017Q3 regulatory filing with the SEC. Hamlin Capital Management Llc sold 37,312 shares as the company’s stock rose 2.18% with the market. The institutional investor held 5.24M shares of the consumer services company at the end of 2017Q3, valued at $104.72M, down from 5.27M at the end of the previous reported quarter. Hamlin Capital Management Llc who had been investing in Extended Stay Amer Inc for a number of months, seems to be less bullish one the $3.78B market cap company. The stock decreased 0.18% or $0.035 during the last trading session, reaching $19.655. About 1.53 million shares traded. Extended Stay America, Inc. (NYSE:STAY) has risen 30.00% since February 15, 2017 and is uptrending. It has outperformed by 13.30% the S&P500.

Virtus Investment Advisers Inc decreased its stake in Hormel Foods Corp (HRL) by 77.43% based on its latest 2017Q3 regulatory filing with the SEC. Virtus Investment Advisers Inc sold 9,936 shares as the company’s stock declined 6.52% while stock markets rallied. The institutional investor held 2,896 shares of the meat and poultry and fish company at the end of 2017Q3, valued at $93,000, down from 12,832 at the end of the previous reported quarter. Virtus Investment Advisers Inc who had been investing in Hormel Foods Corp for a number of months, seems to be less bullish one the $17.99B market cap company. The stock decreased 0.24% or $0.08 during the last trading session, reaching $33.96. About 1.69 million shares traded. Hormel Foods Corporation (NYSE:HRL) has declined 1.53% since February 15, 2017 and is downtrending. It has underperformed by 18.23% the S&P500.

Virtus Investment Advisers Inc, which manages about $40.49B and $952.83 million US Long portfolio, upped its stake in Affiliated Managers Group (NYSE:AMG) by 2,141 shares to 2,988 shares, valued at $567,000 in 2017Q3, according to the filing. It also increased its holding in Powershares Db Cmdty Idx Tra (DBC) by 136,449 shares in the quarter, for a total of 586,557 shares, and has risen its stake in Price T Rowe Group Inc (NASDAQ:TROW).

Since August 30, 2017, it had 0 insider purchases, and 8 insider sales for $6.49 million activity. PIPPINS DAKOTA A had sold 4,000 shares worth $126,400. Shares for $256,644 were sold by Murano Elsa A. BINDER STEVEN G had sold 15,000 shares worth $468,453 on Thursday, September 7. Myers Kevin L also sold $99,337 worth of Hormel Foods Corporation (NYSE:HRL) shares. MORRISON JOHN L also sold $789,445 worth of Hormel Foods Corporation (NYSE:HRL) on Friday, October 13. The insider Kremin Donald H sold 100,000 shares worth $3.17M.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.39, from 1.31 in 2017Q2. It is negative, as 40 investors sold HRL shares while 161 reduced holdings. 47 funds opened positions while 138 raised stakes. 191.01 million shares or 2.16% less from 195.22 million shares in 2017Q2 were reported. Kopp Advisors Limited Liability Company holds 18,901 shares or 0.56% of its portfolio. Proshare Advsr Ltd, Maryland-based fund reported 1.85M shares. Citadel Ltd Liability Corporation stated it has 0% of its portfolio in Hormel Foods Corporation (NYSE:HRL). Connecticut-based Hartford Management has invested 0.06% in Hormel Foods Corporation (NYSE:HRL). 6,600 are held by Intact Inv. Farmers & Merchants Invests Inc holds 0% in Hormel Foods Corporation (NYSE:HRL) or 90 shares. Nomura Asset Com Ltd accumulated 0.04% or 107,397 shares. Davenport And Ltd Liability invested in 23,597 shares. Pictet Asset Management has invested 0.04% in Hormel Foods Corporation (NYSE:HRL). Regentatlantic Capital Limited Liability accumulated 7,035 shares or 0.02% of the stock. Moreover, First Allied Advisory Svcs Inc has 0.08% invested in Hormel Foods Corporation (NYSE:HRL). Usca Ria Ltd Limited Liability Company accumulated 81,587 shares or 0.36% of the stock. Alliancebernstein Lp owns 0.01% invested in Hormel Foods Corporation (NYSE:HRL) for 558,625 shares. Canada Pension Plan Inv Board holds 0% or 48 shares in its portfolio. Wetherby Asset reported 0.04% in Hormel Foods Corporation (NYSE:HRL).

Analysts await Hormel Foods Corporation (NYSE:HRL) to report earnings on February, 22. They expect $0.42 earnings per share, down 4.55% or $0.02 from last year’s $0.44 per share. HRL’s profit will be $222.47M for 20.21 P/E if the $0.42 EPS becomes a reality. After $0.41 actual earnings per share reported by Hormel Foods Corporation for the previous quarter, Wall Street now forecasts 2.44% EPS growth.

Among 15 analysts covering Hormel Foods Corporation (NYSE:HRL), 6 have Buy rating, 3 Sell and 6 Hold. Therefore 40% are positive. Hormel Foods Corporation had 50 analyst reports since July 27, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, August 25 report. On Wednesday, August 9 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock of Hormel Foods Corporation (NYSE:HRL) earned “Buy” rating by Edward Jones on Wednesday, August 24. Oppenheimer maintained the shares of HRL in report on Thursday, August 24 with “Hold” rating. On Wednesday, September 9 the stock rating was initiated by BB&T Capital with “Hold”. As per Wednesday, November 25, the company rating was upgraded by Stephens. The firm earned “Neutral” rating on Monday, October 19 by Buckingham Research. The stock of Hormel Foods Corporation (NYSE:HRL) earned “Sector Weight” rating by KeyBanc Capital Markets on Friday, December 2. Jefferies maintained it with “Hold” rating and $34.0 target in Friday, October 27 report. On Wednesday, November 25 the stock rating was maintained by Credit Suisse with “Neutral”.

Hamlin Capital Management Llc, which manages about $2.70B and $2.47 billion US Long portfolio, upped its stake in American Eagle Outfitters Ne (NYSE:AEO) by 940,045 shares to 6.68 million shares, valued at $95.49M in 2017Q3, according to the filing. It also increased its holding in Kimco Rlty Corp (NYSE:KIM) by 1.21 million shares in the quarter, for a total of 4.33M shares, and has risen its stake in Ryman Hospitality Pptys Inc (NYSE:RHP).

Among 13 analysts covering Extended Stay America (NYSE:STAY), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Extended Stay America had 31 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Bank of America on Tuesday, July 21. The firm has “Neutral” rating by Goldman Sachs given on Monday, September 26. On Wednesday, October 28 the stock rating was maintained by Deutsche Bank with “Buy”. As per Wednesday, January 25, the company rating was upgraded by Stifel Nicolaus. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, November 8. On Monday, November 13 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of Extended Stay America, Inc. (NYSE:STAY) earned “Buy” rating by Stifel Nicolaus on Tuesday, October 10. The stock of Extended Stay America, Inc. (NYSE:STAY) earned “Buy” rating by Deutsche Bank on Friday, July 31. M Partners downgraded the shares of STAY in report on Thursday, January 14 to “Neutral” rating. Stifel Nicolaus maintained Extended Stay America, Inc. (NYSE:STAY) on Wednesday, April 12 with “Buy” rating.

Investors sentiment decreased to 1.4 in Q3 2017. Its down 0.86, from 2.26 in 2017Q2. It fall, as 20 investors sold STAY shares while 66 reduced holdings. 35 funds opened positions while 85 raised stakes. 182.36 million shares or 0.38% more from 181.67 million shares in 2017Q2 were reported. River Road Asset Ltd Llc, Kentucky-based fund reported 3.73 million shares. Wealthtrust reported 0.01% stake. Caxton Lp has invested 0.09% of its portfolio in Extended Stay America, Inc. (NYSE:STAY). Hbk Invests Limited Partnership holds 0.01% of its portfolio in Extended Stay America, Inc. (NYSE:STAY) for 61,212 shares. 1.71 million were accumulated by Echo Street Mngmt Limited Liability Company. Cutter & Com Brokerage Incorporated invested in 11,477 shares. Utah Retirement Systems stated it has 35,050 shares. J Goldman LP owns 12,800 shares. Elk Creek Ptnrs Lc invested in 195,667 shares or 0.25% of the stock. Principal Finance Inc holds 6.71M shares or 0.13% of its portfolio. Scopus Asset Mngmt LP invested 0.49% of its portfolio in Extended Stay America, Inc. (NYSE:STAY). Foundry Partners Lc has 0.15% invested in Extended Stay America, Inc. (NYSE:STAY). Nebraska-based Cwm Ltd Liability Corporation has invested 0% in Extended Stay America, Inc. (NYSE:STAY). Dubuque Financial Bank & reported 200 shares stake. Fmr stated it has 0.02% in Extended Stay America, Inc. (NYSE:STAY).

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