Mittleman Brothers Increased Hc2 Holdings (HCHC) Position by $1.40 Million; Empyrean Capital Partners LP Has Upped Twenty First Centy Fox (FOXA) Position by $38.10 Million

August 12, 2018 - By Richard Slagle

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Logo

Empyrean Capital Partners Lp increased its stake in Twenty First Centy Fox Inc (FOXA) by 105.83% based on its latest 2018Q1 regulatory filing with the SEC. Empyrean Capital Partners Lp bought 1.06 million shares as the company’s stock rose 0.54% while stock markets declined. The hedge fund held 2.06 million shares of the consumer services company at the end of 2018Q1, valued at $75.52 million, up from 1.00M at the end of the previous reported quarter. Empyrean Capital Partners Lp who had been investing in Twenty First Centy Fox Inc for a number of months, seems to be bullish on the $83.90 billion market cap company. The stock decreased 0.26% or $0.12 during the last trading session, reaching $45.48. About 4.50 million shares traded. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has risen 42.77% since August 12, 2017 and is uptrending. It has outperformed by 30.20% the S&P500. Some Historical FOXA News: 17/05/2018 – Suzanne Scott to head Fox News; 04/05/2018 – 21st Century Fox: Claffee Was General Counsel of U.S. Chamber of Commerce Since 2010; 03/04/2018 – Sky Says 21st Century Fox Proposals Address Any Plurality Concerns; 25/04/2018 – SKY PLC – AS A RESULT OF ANNOUNCEMENT OF HIGHER CASH OFFER, INDEPENDENT COMMITTEE WITHDRAWING RECOMMENDATION OF OFFER ANNOUNCED BY 21CF ON DEC 15 2016; 09/05/2018 – 21ST CENTURY FOX 3Q ADJ. EPS CONT OPS 49C; 21/05/2018 – SKY PLC SKYB.L – BEFORE REACHING A FINAL DECISION, SECRETARY OF STATE WILL CONSIDER FURTHER REPRESENTATIONS, WHICH ARE TO BE PROVIDED BY THURSDAY 24 MAY; 30/05/2018 – TWENTY-FIRST CENTURY FOX – 21CF’S BOARD RECOMMENDS STOCKHOLDERS VOTE IN FAVOR OF PROPOSAL TO ADOPT DISNEY MERGER AGREEMENT; 14/03/2018 – SKY PLC SKYB.L : MACQUARIE RAISES TARGET PRICE TO 1450P; 25/04/2018 – SUPERIOR CASH OFFER FOR SKY BY COMCAST; 16/05/2018 – John Nallen, 21CF’s Chief Fincl Officer, Will Take a Broader Role as New Fox’s Chief Operating Officer

Mittleman Brothers Llc increased its stake in Hc2 Holdings Inc (HCHC) by 9.51% based on its latest 2018Q1 regulatory filing with the SEC. Mittleman Brothers Llc bought 279,448 shares as the company’s stock rose 14.79% while stock markets declined. The hedge fund held 3.22 million shares of the public utilities company at the end of 2018Q1, valued at $16.92M, up from 2.94 million at the end of the previous reported quarter. Mittleman Brothers Llc who had been investing in Hc2 Holdings Inc for a number of months, seems to be bullish on the $262.48 million market cap company. The stock decreased 2.48% or $0.15 during the last trading session, reaching $5.89. About 126,057 shares traded. HC2 Holdings, Inc. (NYSEMKT:HCHC) has risen 12.48% since August 12, 2017 and is uptrending. It has underperformed by 0.09% the S&P500. Some Historical HCHC News: 10/05/2018 – HC2 Holdings Re-Affirms 2018 Guidance for Construction and Marine Services Segments; 03/05/2018 – HC2 HOLDINGS INC – PRIVATE OFFERING OF $105 MLN OF ITS 11.000% SENIOR SECURED NOTES DUE 2019; 10/05/2018 – HC2 Holdings 1Q Loss/Shr 81c; 10/05/2018 – HC2 Holdings 1Q Loss $35M; 14/05/2018 – Steel Partners Holdings LP Exits Position in HC2; 03/05/2018 – HC2 Holdings Announces Launch of Private Offering of $105 M Senior Secured Notes; 03/05/2018 – HC2 Holdings Announces Pricing of Private Offering of $110 Million Senior Secured Notes to Refinance Senior Secured Bridge; 14/03/2018 – HC2 Holdings 4Q Rev $458.5M; 24/04/2018 – HC2 Short-Interest Ratio Rises 87% to 10 Days; 02/05/2018 – HC2 Announces Pansend Life Sciences Portfolio Company BeneVir Biopharm to be Acquired by Janssen Biotech, Inc. for up to $1.04

More recent HC2 Holdings, Inc. (NYSE:HCHC) news were published by: Globenewswire.com which released: “HC2 Holdings Reports Second Quarter 2018 Results” on August 08, 2018. Also Nasdaq.com published the news titled: “DBM Global Announces Acquisition of Steel Fabrication Facility in Rock Hill, South Carolina” on July 19, 2018. Businesswire.com‘s news article titled: “Humana Announces Completion of the Sale of Its Closed Block of Commercial Long-Term Care Insurance Business” with publication date: August 09, 2018 was also an interesting one.

Mittleman Brothers Llc, which manages about $359.54M and $193.27 million US Long portfolio, decreased its stake in Kb Financial Group Inc (NYSE:KB) by 136,450 shares to 279,197 shares, valued at $16.18M in 2018Q1, according to the filing.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.30, from 1.23 in 2017Q4. It worsened, as 7 investors sold HCHC shares while 23 reduced holdings. 9 funds opened positions while 19 raised stakes. 24.35 million shares or 1.56% less from 24.73 million shares in 2017Q4 were reported. The New York-based Bank & Trust Of New York Mellon Corp has invested 0% in HC2 Holdings, Inc. (NYSE:HCHC). Teton Advisors invested 0.35% of its portfolio in HC2 Holdings, Inc. (NYSE:HCHC). Wells Fargo Com Mn holds 65,195 shares or 0% of its portfolio. Luxor Cap Grp Limited Partnership holds 0.01% or 73,721 shares in its portfolio. 28,101 are owned by Millennium Limited Company. Putnam Investments Ltd Liability invested 0.02% in HC2 Holdings, Inc. (NYSE:HCHC). Schwab Charles Management holds 0% of its portfolio in HC2 Holdings, Inc. (NYSE:HCHC) for 76,800 shares. Whalerock Point Ptnrs Ltd Limited Liability Company holds 1.38% in HC2 Holdings, Inc. (NYSE:HCHC) or 820,617 shares. Caprock Group Incorporated owns 0.16% invested in HC2 Holdings, Inc. (NYSE:HCHC) for 140,000 shares. Deutsche Bank Ag has 0% invested in HC2 Holdings, Inc. (NYSE:HCHC). Citadel Advsrs Limited Liability Company holds 49,238 shares. Aqr Mgmt Limited Liability Corporation holds 0% in HC2 Holdings, Inc. (NYSE:HCHC) or 28,858 shares. Credit Suisse Ag holds 0% or 14,730 shares in its portfolio. Ameritas Invest Prns invested in 3,578 shares or 0% of the stock. Geode Lc reported 0% in HC2 Holdings, Inc. (NYSE:HCHC).

Since March 16, 2018, it had 1 buy, and 0 selling transactions for $1.07 million activity.

Empyrean Capital Partners Lp, which manages about $4.52B and $1.87 billion US Long portfolio, decreased its stake in Newmark Group Inc by 62,720 shares to 287,877 shares, valued at $4.37M in 2018Q1, according to the filing. It also reduced its holding in Spdr Series Trust (XRT) by 577,400 shares in the quarter, leaving it with 356,000 shares, and cut its stake in Spdr S&P 500 Etf Tr (SPY).

Among 35 analysts covering Twenty-First Century Fox Inc (NASDAQ:FOXA), 22 have Buy rating, 1 Sell and 12 Hold. Therefore 63% are positive. Twenty-First Century Fox Inc had 107 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by Pivotal Research with “Buy” on Tuesday, October 20. The firm has “Outperform” rating by Credit Suisse given on Wednesday, January 6. Jefferies maintained the shares of FOXA in report on Monday, September 25 with “Buy” rating. The firm has “Outperform” rating given on Tuesday, January 3 by Wells Fargo. Rosenblatt upgraded Twenty-First Century Fox, Inc. (NASDAQ:FOXA) rating on Saturday, August 8. Rosenblatt has “Sell” rating and $30 target. Jefferies maintained the stock with “Buy” rating in Wednesday, June 14 report. The firm earned “Buy” rating on Thursday, August 4 by Jefferies. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) earned “Buy” rating by Citigroup on Monday, August 15. The company was maintained on Monday, September 11 by RBC Capital Markets. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) earned “Buy” rating by Jefferies on Thursday, December 21.

More notable recent Twenty-First Century Fox, Inc. (NASDAQ:FOXA) news were published by: Nasdaq.com which released: “3 Reasons Comcast Stock Can Still Surge Another 20%” on August 06, 2018, also Seekingalpha.com with their article: “Who Will Expand Their Empire: Disney, Comcast, Or Both?” published on July 17, 2018, Fool.com published: “Disney Prevails as Comcast Drops its Bid for Fox. Now What?” on July 22, 2018. More interesting news about Twenty-First Century Fox, Inc. (NASDAQ:FOXA) were released by: Nasdaq.com and their article: “3 Vital Things to Look for in Disney’s Earnings Report” published on August 07, 2018 as well as Nasdaq.com‘s news article titled: “Disney (DIS) Buyout of Fox Assets Approved by Shareholders” with publication date: July 27, 2018.

HC2 Holdings, Inc. (NYSE:HCHC) Institutional Positions Chart

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