Bridgeway Capital Management Trimmed Mcgrath Rentcorp (MGRC) Position; Committed Capital Acquisition (STKS) Sentiment Is 3

August 12, 2018 - By Richard Slagle

McGrath RentCorp (NASDAQ:MGRC) Logo

Committed Capital Acquisition Corp (STKS) investors sentiment increased to 3 in 2018 Q1. It’s up 2.33, from 0.67 in 2017Q4. The ratio has improved, as 9 institutional investors opened new and increased positions, while 3 reduced and sold stakes in Committed Capital Acquisition Corp. The institutional investors in our database reported: 1.91 million shares, down from 2.16 million shares in 2017Q4. Also, the number of institutional investors holding Committed Capital Acquisition Corp in top ten positions increased from 0 to 1 for an increase of 1. Sold All: 1 Reduced: 2 Increased: 7 New Position: 2.

Bridgeway Capital Management Inc decreased Mcgrath Rentcorp (MGRC) stake by 8.69% reported in 2018Q1 SEC filing. Bridgeway Capital Management Inc sold 15,350 shares as Mcgrath Rentcorp (MGRC)’s stock rose 29.64%. The Bridgeway Capital Management Inc holds 161,300 shares with $8.66M value, down from 176,650 last quarter. Mcgrath Rentcorp now has $1.40 billion valuation. The stock increased 1.10% or $0.63 during the last trading session, reaching $58.02. About 126,701 shares traded. McGrath RentCorp (NASDAQ:MGRC) has risen 88.55% since August 12, 2017 and is uptrending. It has outperformed by 75.98% the S&P500. Some Historical MGRC News: 01/05/2018 – McGrath RentCorp 1Q Rev $105.1M; 01/05/2018 – MCGRATH RENT 1Q REV. $105.1M; 01/05/2018 – MCGRATH SEES 2018 OPER PROFIT UP 11%-15%, SAW UP 8%-12%; 19/04/2018 – DJ McGrath RentCorp, Inst Holders, 1Q 2018 (MGRC); 08/03/2018 McGrath Rent Access Event Scheduled By Noble Capital Markets; 01/05/2018 – MCGRATH RENT 1Q EPS 59C, EST. 47C (2 EST.); 01/05/2018 – MCGRATH RENTCORP BOOSTS FINL OUTLOOK; 01/05/2018 – McGrath RentCorp 1Q EPS 59c; 02/04/2018 – McGrath RentCorp Sets First Quarter 2018 Financial Results Date and Time; 29/03/2018 – Recent Analysis Shows Net Element, McGrath RentCorp, AvalonBay Communities, American Tower Corporation (REIT), Earthstone Energ

The ONE Group Hospitality, Inc., a hospitality company, develops, owns, and operates restaurants and lounges worldwide. The company has market cap of $77.96 million. It operates in three divisions: STK Units, Food and Beverage Hospitality Management Agreements, and Other Concepts. It currently has negative earnings. The firm also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.

Anson Funds Management Lp holds 2.49% of its portfolio in The ONE Group Hospitality, Inc. for 1.21 million shares. Taconic Capital Advisors Lp owns 106,000 shares or 0.05% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 20,294 shares. The United Kingdom-based Barclays Plc has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 44,267 shares.

The stock decreased 1.04% or $0.03 during the last trading session, reaching $2.85. About 7,408 shares traded. The ONE Group Hospitality, Inc. (STKS) has risen 12.75% since August 12, 2017 and is uptrending. It has outperformed by 0.18% the S&P500. Some Historical STKS News: 02/04/2018 РThe ONE Group Celebrates the Inclusion of STK on OpenTable’s Top 100 List; 02/04/2018 РONE GROUP HOSPITALITY FILES FOR A NON-TIMELY 10-K WITH U.S. SEC; 28/03/2018 РONE GROUP HOLDER TWINLEAF MAY HOLD TALKS WITH CO; 24/04/2018 РOne group that stands to benefit from higher rates: Savers; 28/03/2018 РTWINLEAF MANAGEMENT, LLC REPORTS 5.03 PCT STAKE IN ONE GROUP HOSPITALITY INC AS OF MARCH 27, 2018 РSEC FILING; 15/05/2018 РONE GROUP HOSPITALITY INC SEES FOR 2018 ADJUSTED EBITDA BETWEEN $9 MLN AND $10 MLN; 15/05/2018 РONE Group Hospitality 1Q Rev $19.5M; 28/03/2018 РONE Group Hospitality 4Q Loss/Shr 1c; 28/03/2018 РTWINLEAF MANAGEMENT LLC- HAS HAD AND MAY CONTINUE TO HAVE CONVERSATIONS WITH OTHER STOCKHOLDERS OF GROUP HOSPITALITY; 22/05/2018 РThe ONE Group Hospitality, Inc. Files a Universal Shelf Registration on Form S-3

Since January 1, 0001, it had 7 buys, and 0 selling transactions for $673,751 activity.

Investors sentiment decreased to 1.17 in 2018 Q1. Its down 0.48, from 1.65 in 2017Q4. It worsened, as 9 investors sold MGRC shares while 50 reduced holdings. 32 funds opened positions while 37 raised stakes. 18.49 million shares or 4.43% less from 19.35 million shares in 2017Q4 were reported. Vident Investment Advisory Lc accumulated 4,143 shares. Matarin Capital Management Ltd Liability Corporation invested 0% in McGrath RentCorp (NASDAQ:MGRC). Moreover, Great West Life Assurance Can has 0% invested in McGrath RentCorp (NASDAQ:MGRC). Vanguard Grp Inc Inc holds 0.01% in McGrath RentCorp (NASDAQ:MGRC) or 2.20M shares. Principal Gp invested in 0% or 3,752 shares. Comml Bank Of Mellon holds 0% or 312,861 shares in its portfolio. Proshare Advisors Ltd holds 0.05% or 134,833 shares. Millennium Management Ltd Limited Liability Company holds 0.02% of its portfolio in McGrath RentCorp (NASDAQ:MGRC) for 332,908 shares. Florida-based State Board Of Administration Of Florida Retirement Systems has invested 0% in McGrath RentCorp (NASDAQ:MGRC). Ubs Asset Management Americas invested 0% of its portfolio in McGrath RentCorp (NASDAQ:MGRC). Moreover, Jpmorgan Chase And has 0% invested in McGrath RentCorp (NASDAQ:MGRC). New York State Common Retirement Fund accumulated 31,625 shares. Barclays Public Ltd owns 6,849 shares. Skyline Asset Mgmt Lp holds 1.83% in McGrath RentCorp (NASDAQ:MGRC) or 421,700 shares. Legal & General Group Pcl reported 10,066 shares.

Analysts await McGrath RentCorp (NASDAQ:MGRC) to report earnings on October, 30. They expect $0.86 earnings per share, up 24.64% or $0.17 from last year’s $0.69 per share. MGRC’s profit will be $20.78 million for 16.87 P/E if the $0.86 EPS becomes a reality. After $0.65 actual earnings per share reported by McGrath RentCorp for the previous quarter, Wall Street now forecasts 32.31% EPS growth.

Bridgeway Capital Management Inc increased Arcbest Corp (NASDAQ:ARCB) stake by 50,000 shares to 199,900 valued at $6.41M in 2018Q1. It also upped Chevron Corp New (NYSE:CVX) stake by 5,900 shares and now owns 122,623 shares. Tailored Brands Inc was raised too.

More recent McGrath RentCorp (NASDAQ:MGRC) news were published by: Seekingalpha.com which released: “McGrath RentCorp’s (MGRC) CEO Joe Hanna on Q2 2018 Results – Earnings Call Transcript” on August 04, 2018. Also Globenewswire.com published the news titled: “McGrath RentCorp Announces Results for Second Quarter 2018” on July 31, 2018. Globenewswire.com‘s news article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within MTS, First Financial Bankshares, Tribune Media …” with publication date: August 02, 2018 was also an interesting one.

The ONE Group Hospitality, Inc. (NASDAQ:STKS) Institutional Positions Chart

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