Ares Management Upped Its Clear Channel Outdoor Holdings (CCO) Holding by $1.57 Million; Stock Rose; Novare Capital Management Lowered Stake in Intel (INTC) by $348,684 as Share Price Declined

September 14, 2018 - By Margaret Staats

Intel Corporation (NASDAQ:INTC) Logo

Ares Management Llc increased its stake in Clear Channel Outdoor Holdings (CCO) by 39.46% based on its latest 2018Q2 regulatory filing with the SEC. Ares Management Llc bought 391,300 shares as the company’s stock rose 15.05% with the market. The institutional investor held 1.38M shares of the consumer services company at the end of 2018Q2, valued at $5.95 million, up from 991,518 at the end of the previous reported quarter. Ares Management Llc who had been investing in Clear Channel Outdoor Holdings for a number of months, seems to be bullish on the $1.99 billion market cap company. The stock increased 2.69% or $0.1438 during the last trading session, reaching $5.4938. About 9,968 shares traded. Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) has risen 37.17% since September 14, 2017 and is uptrending. It has outperformed by 21.55% the S&P500. Some Historical CCO News: 11/05/2018 – CLEAR CHANNEL COMMENTS ON 1Q EARNINGS IN REGULATORY FILING; 22/05/2018 – Clear Channel Outdoor Holdings, Inc. Provides Update on Form 10-Q Filing; 23/04/2018 – DJ Clear Channel Outdoor Holdings Inc, Inst Holders, 1Q 2018 (CCO); 08/03/2018 – UNIPER TO EXPAND LNG BUSINESS AS MARKET BECOMES GLOBAL: CCO; 30/04/2018 – CLEAR CHANNEL CITES “DUE FROM IHEARTCOMMUNICATIONS” NOTE; 15/03/2018 – IHEARTMEDIA INC IHRT.PK – CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND ITS SUBSIDIARIES DID NOT COMMENCE CHAPTER 11 PROCEEDINGS; 30/04/2018 – CLEAR CHANNEL 4Q REV. $729.1M, EST. $719.0M (2 EST.); 15/03/2018 – From Clear Channel to IHeartMedia to Bankruptcy: Timeline; 15/03/2018 – Says Clear Channel Outdoor Holdings unit not part of bankruptcy; 03/05/2018 – Clear Channel Outdoor Introduces CCO RADARView™: A Dynamic Campaign Planning Platform Allowing Advertisers to Visually Explor

Novare Capital Management Llc decreased its stake in Intel Corporation (INTC) by 7.41% based on its latest 2018Q2 regulatory filing with the SEC. Novare Capital Management Llc sold 7,116 shares as the company’s stock declined 18.35% while stock markets rallied. The institutional investor held 88,879 shares of the semiconductors company at the end of 2018Q2, valued at $4.42M, down from 95,995 at the end of the previous reported quarter. Novare Capital Management Llc who had been investing in Intel Corporation for a number of months, seems to be less bullish one the $210.17B market cap company. The stock increased 0.02% or $0.01 during the last trading session, reaching $45.58. About 2.61 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 24.49% since September 14, 2017 and is uptrending. It has outperformed by 8.87% the S&P500. Some Historical INTC News: 26/04/2018 – After watching $AMZN and $INTC surge after hours, $MSFT gets in on the action; 26/04/2018 – Intel Sees 2018 EPS $3.79; 10/05/2018 – Intel Editorial: The U.S. Needs a National Strategy on Artificial Intelligence; 21/05/2018 – ASTRO SA ASRP.WA – GETS ORDER FROM NTT SYSTEM S.A. RELATED TO MARKETING CAMPAIGN OF HEWLETT-PACKARD AND INTEL; 14/05/2018 – ♫ Reuters Insider – In reversal, Trump to save Chinese telecom jobs; 12/03/2018 – BREAKING: GOP-led House Intel Committee finds ‘no evidence of collusion’ between Trump campaign and Russia; 09/04/2018 – Amazon spent nearly $23 billion on R&D last year – more than any other U.S. company. It’s followed in spending by: ✅ Alphabet – $16.6 billion ✅ Intel – $13.1 billion ✅ Microsoft – $12.3 billion ✅ Apple – $11; 27/03/2018 – Xplore Wins Best PC Client Platform at Intel Technology Partner Awards; 11/03/2018 – Hot Hardware: Intel Reportedly Eyes Broadcom Purchase If Hostile Qualcomm Bid Is Successful; 03/04/2018 – Acer Announces Nitro 5 Gaming Laptop with the Latest Intel Core i+ Processors

Among 6 analysts covering Clear Channel Outdoor Holdings (NYSE:CCO), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Clear Channel Outdoor Holdings had 12 analyst reports since August 18, 2015 according to SRatingsIntel. On Friday, November 6 the stock rating was maintained by Topeka Capital Markets with “Buy”. The firm has “Sell” rating given on Friday, May 13 by Evercore. The company was maintained on Tuesday, January 12 by Wedbush. The firm has “Market Perform” rating given on Tuesday, August 18 by Wells Fargo. On Tuesday, September 13 the stock rating was initiated by Loop Capital with “Sell”. Loop Capital upgraded the shares of CCO in report on Thursday, November 3 to “Hold” rating. The firm earned “Neutral” rating on Friday, February 24 by Wedbush. The firm earned “Hold” rating on Thursday, November 9 by Loop Capital. The company was upgraded on Wednesday, October 28 by Wedbush.

Ares Management Llc, which manages about $35.87B and $2.83 billion US Long portfolio, decreased its stake in Floor & Decor Hldgs Inc by 6.73 million shares to 33.83 million shares, valued at $1.67B in 2018Q2, according to the filing.

Investors sentiment increased to 1.44 in 2018 Q2. Its up 0.33, from 1.11 in 2018Q1. It is positive, as 8 investors sold CCO shares while 17 reduced holdings. 11 funds opened positions while 25 raised stakes. 31.12 million shares or 0.97% less from 31.43 million shares in 2018Q1 were reported. Price T Rowe Associates Md, a Maryland-based fund reported 19,112 shares. Taconic Cap Advsr Lp invested in 110,000 shares or 0.08% of the stock. The New York-based Jpmorgan Chase & has invested 0% in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO). Deutsche Bank Ag has invested 0% in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO). Appleton Prtn Ma holds 0.01% or 14,730 shares in its portfolio. Dimensional Fund Advisors Limited Partnership has 563,324 shares for 0% of their portfolio. Renaissance Technologies Llc invested in 0% or 617,700 shares. Moreover, Millennium Mngmt Limited Liability Company has 0% invested in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) for 24,709 shares. 13,991 are owned by Manufacturers Life The. 11,575 are held by Susquehanna International Group Limited Liability Partnership. Ares Mgmt Limited Liability Com has 0.21% invested in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) for 1.38 million shares. 188 were reported by Royal Bancorporation Of Canada. Serengeti Asset Mgmt LP has 0.22% invested in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) for 250,000 shares. Gamco Inc Et Al holds 0.07% or 2.51M shares. Great West Life Assurance Can invested 0% in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO).

Among 57 analysts covering Intel Corporation (NASDAQ:INTC), 32 have Buy rating, 5 Sell and 20 Hold. Therefore 56% are positive. Intel Corporation had 295 analyst reports since August 7, 2015 according to SRatingsIntel. Nomura maintained Intel Corporation (NASDAQ:INTC) on Monday, September 19 with “Buy” rating. The stock of Intel Corporation (NASDAQ:INTC) earned “In-Line” rating by Evercore on Tuesday, July 17. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by UBS on Thursday, June 21. Bank of America maintained the stock with “Buy” rating in Thursday, March 8 report. On Thursday, April 7 the stock rating was initiated by Brean Capital with “Buy”. As per Friday, January 26, the company rating was maintained by Mizuho. Goldman Sachs upgraded the stock to “Neutral” rating in Wednesday, February 3 report. The stock has “Outperform” rating by Northland Capital on Wednesday, October 14. The rating was maintained by Needham with “Buy” on Friday, January 27. The rating was maintained by Jefferies on Thursday, July 21 with “Buy”.

Investors sentiment increased to 0.81 in 2018 Q2. Its up 0.05, from 0.76 in 2018Q1. It increased, as 48 investors sold INTC shares while 787 reduced holdings. 159 funds opened positions while 521 raised stakes. 2.93 billion shares or 2.47% less from 3.00 billion shares in 2018Q1 were reported. Truepoint holds 0.08% or 18,718 shares. Mitchell Mcleod Pugh & Williams accumulated 34,074 shares. Vantage Invest Partners Lc has 181,280 shares. Blue Chip Prtnrs Inc accumulated 19,899 shares or 0.26% of the stock. Princeton Port Strategies Group Lc has invested 0.6% in Intel Corporation (NASDAQ:INTC). Bradley Foster And Sargent Ct has invested 0.19% in Intel Corporation (NASDAQ:INTC). Ingalls And Snyder Llc has 166,339 shares. Goodwin Daniel L reported 8,000 shares. Ferguson Wellman Capital Mgmt has invested 0.41% of its portfolio in Intel Corporation (NASDAQ:INTC). Independent Investors accumulated 29,800 shares. Shell Asset Mgmt reported 726,412 shares or 0.74% of all its holdings. Whale Rock Cap Management Lc stated it has 1.52% of its portfolio in Intel Corporation (NASDAQ:INTC). Smart Portfolios Limited Liability holds 0.16% or 4,769 shares. 15,088 were accumulated by Blue Financial Cap. Boulegeris Invs holds 1.87% or 75,178 shares in its portfolio.

Novare Capital Management Llc, which manages about $695.33M and $588.91M US Long portfolio, upped its stake in Vanguard Short Term Corp (VCSH) by 4,101 shares to 17,113 shares, valued at $1.34M in 2018Q2, according to the filing. It also increased its holding in Comerica Incorporated (NYSE:CMA) by 4,055 shares in the quarter, for a total of 84,295 shares, and has risen its stake in Keycorp Inc New (NYSE:KEY).

Since April 23, 2018, it had 0 insider buys, and 12 insider sales for $5.17 million activity. Shenoy Navin sold $53,327 worth of stock. 2,213 shares were sold by Rodgers Steven Ralph, worth $116,028. Krzanich Brian M sold $354,313 worth of Intel Corporation (NASDAQ:INTC) on Wednesday, April 25. McBride Kevin Thomas sold $557 worth of Intel Corporation (NASDAQ:INTC) on Monday, August 20. 25,000 shares valued at $1.33M were sold by YOFFIE DAVID B on Tuesday, May 8. $1.07 million worth of Intel Corporation (NASDAQ:INTC) was sold by HUNDT REED E.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Nasdaq.com which released: “Intel (INTC) Dips More Than Broader Markets: What You Should Know” on August 22, 2018, also Investorplace.com with their article: “Trade of the Day: Intel Corporation (INTC)” published on September 10, 2018, Nasdaq.com published: “Intel (INTC) Stock Climbed Tuesday: Time to Buy?” on August 21, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Seekingalpha.com and their article: “Intel’s Challenging Investment” published on September 04, 2018 as well as Nasdaq.com‘s news article titled: “3 Big Stock Charts for Wednesday: Hormel Foods, Albemarle and Walt Disney” with publication date: September 12, 2018.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts