Fort LP Decreased Its Amc Networks (AMCX) Stake; Allen Investment Management Has Lowered Its Servicenow (NOW) Holding

April 18, 2018 - By Henry Gaston

Allen Investment Management Llc decreased Servicenow Inc (NOW) stake by 1.95% reported in 2017Q4 SEC filing. Allen Investment Management Llc sold 7,341 shares as Servicenow Inc (NOW)’s stock rose 26.03%. The Allen Investment Management Llc holds 368,933 shares with $48.11M value, down from 376,274 last quarter. Servicenow Inc now has $30.41 billion valuation. The stock decreased 0.26% or $0.45 during the last trading session, reaching $174.09. About 585,065 shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 91.85% since April 18, 2017 and is uptrending. It has outperformed by 80.30% the S&P500.

Fort Lp decreased Amc Networks Inc (AMCX) stake by 33.29% reported in 2017Q4 SEC filing. Fort Lp sold 118,455 shares as Amc Networks Inc (AMCX)’s stock declined 10.17%. The Fort Lp holds 237,330 shares with $12.84 million value, down from 355,785 last quarter. Amc Networks Inc now has $3.20 billion valuation. The stock increased 0.89% or $0.465 during the last trading session, reaching $52.665. About 149,146 shares traded. AMC Networks Inc. (NASDAQ:AMCX) has declined 12.07% since April 18, 2017 and is downtrending. It has underperformed by 23.62% the S&P500.

Investors sentiment increased to 0.83 in Q4 2017. Its up 0.05, from 0.78 in 2017Q3. It increased, as 42 investors sold AMCX shares while 113 reduced holdings. 50 funds opened positions while 79 raised stakes. 53.51 million shares or 0.80% more from 53.08 million shares in 2017Q3 were reported. Oregon Employees Retirement Fund accumulated 19,200 shares. Goldman Sachs Grp owns 326,610 shares. Thompson Siegel & Walmsley Ltd Com accumulated 1.33% or 2.06 million shares. Buckhead Capital Limited Liability Company has 0.11% invested in AMC Networks Inc. (NASDAQ:AMCX) for 9,420 shares. Stratos Wealth Prns Limited holds 0% or 345 shares. Swiss Bancorp reported 88,700 shares. 82,250 were accumulated by Mutual Of America Ltd Liability Corporation. Blackrock Inc holds 0.01% or 5.04 million shares in its portfolio. Peak6 Investments Limited Partnership stated it has 23,754 shares or 0.01% of all its holdings. California State Teachers Retirement Sys reported 77,781 shares or 0.01% of all its holdings. Millennium Mgmt stated it has 35,653 shares. State Of Tennessee Treasury Department holds 0% or 10,000 shares in its portfolio. Tcw holds 10,009 shares or 0% of its portfolio. Texas-based State Bank has invested 0.52% in AMC Networks Inc. (NASDAQ:AMCX). Us State Bank De reported 1,272 shares.

Fort Lp increased Cisco Sys Inc (NASDAQ:CSCO) stake by 96,425 shares to 844,575 valued at $32.35M in 2017Q4. It also upped Amgen Inc (NASDAQ:AMGN) stake by 6,256 shares and now owns 44,222 shares. Deluxe Corp (NYSE:DLX) was raised too.

Among 25 analysts covering AMC Networks (NASDAQ:AMCX), 8 have Buy rating, 2 Sell and 15 Hold. Therefore 32% are positive. AMC Networks had 65 analyst reports since August 3, 2015 according to SRatingsIntel. On Monday, February 5 the stock rating was maintained by Cowen & Co with “Hold”. The rating was downgraded by Moffett Nathanson to “Sell” on Wednesday, December 7. The rating was downgraded by Macquarie Research on Tuesday, January 2 to “Neutral”. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, January 31. The stock of AMC Networks Inc. (NASDAQ:AMCX) earned “Buy” rating by Stifel Nicolaus on Wednesday, July 20. The rating was initiated by FBR Capital on Thursday, October 6 with “Outperform”. As per Tuesday, October 31, the company rating was maintained by Morgan Stanley. Piper Jaffray maintained the shares of AMCX in report on Tuesday, October 31 with “Hold” rating. Topeka Capital Markets maintained the shares of AMCX in report on Thursday, November 12 with “Hold” rating. The stock of AMC Networks Inc. (NASDAQ:AMCX) has “Hold” rating given on Tuesday, August 9 by Loop Capital.

Analysts await AMC Networks Inc. (NASDAQ:AMCX) to report earnings on May, 10 before the open. They expect $2.18 earnings per share, up 3.81% or $0.08 from last year’s $2.1 per share. AMCX’s profit will be $132.38 million for 6.04 P/E if the $2.18 EPS becomes a reality. After $1.68 actual earnings per share reported by AMC Networks Inc. for the previous quarter, Wall Street now forecasts 29.76% EPS growth.

Allen Investment Management Llc increased Ishares Tr (MUB) stake by 41,185 shares to 531,178 valued at $58.82 million in 2017Q4. It also upped Clearbridge Energy Mlp Fd In (CEM) stake by 77,269 shares and now owns 164,642 shares. Blackstone Group LP (NYSE:BX) was raised too.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.33, from 1.38 in 2017Q3. It worsened, as 42 investors sold NOW shares while 132 reduced holdings. 67 funds opened positions while 116 raised stakes. 167.59 million shares or 1.79% less from 170.65 million shares in 2017Q3 were reported. Moreover, Teachers Ins And Annuity Association Of America has 0.04% invested in ServiceNow, Inc. (NYSE:NOW). Ontario – Canada-based Cibc World Markets Inc has invested 0% in ServiceNow, Inc. (NYSE:NOW). Richard Bernstein Advsr Lc holds 3,417 shares. Earnest Prtnrs Limited holds 67 shares or 0% of its portfolio. Sei reported 159,470 shares or 0.07% of all its holdings. Maine-based Vigilant Limited Liability Com has invested 0% in ServiceNow, Inc. (NYSE:NOW). Sumitomo Mitsui Asset Mngmt Ltd invested in 86,494 shares. Partner Fund Mngmt Lp holds 1.63% or 527,341 shares. Moreover, Tru Of Vermont has 0% invested in ServiceNow, Inc. (NYSE:NOW). 274,705 are held by California State Teachers Retirement. Macguire Cheswick & Tuttle Inv Counsel Lc accumulated 0.15% or 6,205 shares. Atalanta Sosnoff Limited Liability Co has 2,110 shares for 0.01% of their portfolio. Raymond James Serv has invested 0.09% in ServiceNow, Inc. (NYSE:NOW). Waldron Limited Partnership reported 0.1% of its portfolio in ServiceNow, Inc. (NYSE:NOW). Kingfisher Cap Limited Liability Corporation reported 0.36% stake.

Since January 9, 2018, it had 0 buys, and 14 selling transactions for $71.93 million activity. $246,234 worth of stock was sold by Sands Anita M on Friday, February 2. $3.68 million worth of ServiceNow, Inc. (NYSE:NOW) shares were sold by Scarpelli Michael. On Monday, April 2 Slootman Frank sold $16.13M worth of ServiceNow, Inc. (NYSE:NOW) or 100,000 shares. $2.08M worth of ServiceNow, Inc. (NYSE:NOW) shares were sold by MILLER JEFFREY A. LUDDY FREDERIC B had sold 100,000 shares worth $13.54 million. Desai Chirantan Jitendra also sold $4.84 million worth of ServiceNow, Inc. (NYSE:NOW) shares. Schneider David sold $336,300 worth of stock or 2,242 shares.

By1 Henry Gaston