As Mastec (MTZ) Share Price Declined, Quantum Capital Management Trimmed Its Holding; Independent Franchise Partners Llp Lowered Twenty First Centy Fox (FOXA) Position by $16.18 Million as Stock Rose

MasTec, Inc. (NYSE:MTZ) Logo

Quantum Capital Management decreased its stake in Mastec Inc (MTZ) by 65.67% based on its latest 2018Q2 regulatory filing with the SEC. Quantum Capital Management sold 78,777 shares as the company’s stock declined 11.23% while stock markets rallied. The institutional investor held 41,179 shares of the basic industries company at the end of 2018Q2, valued at $2.09M, down from 119,956 at the end of the previous reported quarter. Quantum Capital Management who had been investing in Mastec Inc for a number of months, seems to be less bullish one the $3.16 billion market cap company. The stock decreased 4.17% or $1.78 during the last trading session, reaching $40.86. About 1.30 million shares traded. MasTec, Inc. (NYSE:MTZ) has risen 3.48% since December 8, 2017 and is uptrending. It has underperformed by 12.14% the S&P500. Some Historical MTZ News: 04/05/2018 – Boston Partners Buys New 1.8% Position in MasTec; 30/04/2018 – MasTec 1Q Adj EPS 35c; 21/03/2018 – MasTec at Company Marketing Hosted By Stephens Inc. Today; 30/04/2018 – MASTEC INCREASING 2018 ANNUAL GUIDANCE FOR REV., EPS; 30/04/2018 – MASTEC 1Q REV. $1.4B, EST. $1.24B; 30/04/2018 – MASTEC SEES 2Q ADJ EPS ABOUT $1.03, EST. $1.02; 30/04/2018 – MasTec 1Q Rev $1.4B; 30/04/2018 – MasTec Sees 2018 Adj EPS $3.65; 30/04/2018 – MasTec Sees 2018 Net $285M; 30/04/2018 – MasTec Sees 2018 Rev $6.9B

Independent Franchise Partners Llp decreased its stake in Twenty First Centy Fox Inc (FOXA) by 1.25% based on its latest 2018Q2 regulatory filing with the SEC. Independent Franchise Partners Llp sold 330,272 shares as the company’s stock rose 2.24% with the market. The institutional investor held 26.08M shares of the consumer services company at the end of 2018Q2, valued at $1.30 billion, down from 26.41 million at the end of the previous reported quarter. Independent Franchise Partners Llp who had been investing in Twenty First Centy Fox Inc for a number of months, seems to be less bullish one the $91.19 billion market cap company. The stock decreased 0.48% or $0.24 during the last trading session, reaching $49.26. About 12.84 million shares traded or 17.89% up from the average. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has risen 72.36% since December 8, 2017 and is uptrending. It has outperformed by 56.74% the S&P500. Some Historical FOXA News: 18/04/2018 – Fox Rejected Higher Comcast Bid Due to Antitrust Concerns; 23/05/2018 – Comcast prepares to top Disney’s $50 bln offer for Fox; 27/04/2018 – TWENTY-FIRST CENTURY FOX INC – JEFFREY W. UBBEN STEPS DOWN FROM 21ST CENTURY FOX’S BOARD OF DIRECTORS; 08/05/2018 – ♫ Reuters Insider – U.S. Day Ahead: Story of another media empire; 09/05/2018 – 21ST CENTURY FOX REPORTS THIRD QUARTER INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE OF $1.33 BILLION AND TOTAL SEGMENT OPERATING INCOME BEFORE DEPRECIATION AND AMORTIZATION OF $1.89…; 30/05/2018 – #BreakingNews — @comcast deal advisers cautioning abt bid for @21CF entertainment assets-sources deal advisers telling co executives to expect a protracted struggle to win Fox assets & resistance to hostile bid from DOJ and Fox mgt more now @FoxBusiness $CMCSA $FOXA $DIS; 23/05/2018 – Comcast says considering all-cash offer to buy Fox assets; 25/04/2018 – COMCAST CMCSA.O CHAIRMAN & CEO BRIAN L. ROBERTS SAYS COMCAST WILL BE BEST, TRUSTED OWNER OF SKY; 27/04/2018 – Jeffrey W. Ubben Steps Down from 21st Century Fox’s Board of Directors; 18/04/2018 – WALT DISNEY – FROM SEPT. 12-25, 2017, 21CF CFO, DISNEY SENIOR EXECUTIVE VICE PRESIDENT ENGAGED IN PRELIMINARY DISCUSSIONS REGARDING POTENTIAL STRATEGIC DEAL

Among 36 analysts covering Twenty-First Century Fox Inc (NASDAQ:FOXA), 22 have Buy rating, 1 Sell and 13 Hold. Therefore 61% are positive. Twenty-First Century Fox Inc had 110 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Sunday, November 19 by KeyBanc Capital Markets. The company was maintained on Thursday, August 4 by Jefferies. Rosenblatt upgraded Twenty-First Century Fox, Inc. (NASDAQ:FOXA) rating on Saturday, August 8. Rosenblatt has “Sell” rating and $30 target. Telsey Advisory Group initiated the shares of FOXA in report on Friday, February 5 with “Outperform” rating. Citigroup maintained Twenty-First Century Fox, Inc. (NASDAQ:FOXA) on Monday, August 15 with “Buy” rating. Cowen & Co maintained Twenty-First Century Fox, Inc. (NASDAQ:FOXA) rating on Friday, December 22. Cowen & Co has “Hold” rating and $37.0 target. The stock has “Buy” rating by Jefferies on Monday, August 21. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has “Buy” rating given on Monday, September 11 by BMO Capital Markets. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) earned “Outperform” rating by Wedbush on Tuesday, February 9. The rating was maintained by Morgan Stanley on Monday, October 15 with “Overweight”.

More notable recent Twenty-First Century Fox, Inc. (NASDAQ:FOXA) news were published by: Bizjournals.com which released: “Major League Baseball signs seven-year extension with Fox worth $5.1B – New York Business Journal” on November 15, 2018, also Seekingalpha.com with their article: “How Is Netflix Performing In India – Seeking Alpha” published on November 17, 2018, Fool.com published: “Stock Market Power Rankings: Microsoft Parties Like Its 2002 – The Motley Fool” on December 02, 2018. More interesting news about Twenty-First Century Fox, Inc. (NASDAQ:FOXA) were released by: Nasdaq.com and their article: “Netflix Orders The Liberator, Strengthens Animation Portfolio – Nasdaq” published on November 16, 2018 as well as Investorplace.com‘s news article titled: “Disney Stock Receives New Life After Tremendous Q4 Earnings – Investorplace.com” with publication date: November 09, 2018.

Analysts await Twenty-First Century Fox, Inc. (NASDAQ:FOXA) to report earnings on February, 6. They expect $0.33 EPS, down 21.43% or $0.09 from last year’s $0.42 per share. FOXA’s profit will be $610.88M for 37.32 P/E if the $0.33 EPS becomes a reality. After $0.52 actual EPS reported by Twenty-First Century Fox, Inc. for the previous quarter, Wall Street now forecasts -36.54% negative EPS growth.

Quantum Capital Management, which manages about $700.30 million and $260.67M US Long portfolio, upped its stake in Expedia Group Inc (NASDAQ:EXPE) by 19,688 shares to 21,924 shares, valued at $2.64 million in 2018Q2, according to the filing. It also increased its holding in Perceptron Inc (NASDAQ:PRCP) by 50,744 shares in the quarter, for a total of 90,515 shares, and has risen its stake in Sharps Compliance Corp (NASDAQ:SMED).

Among 15 analysts covering MasTec (NYSE:MTZ), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. MasTec had 61 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of MasTec, Inc. (NYSE:MTZ) has “Neutral” rating given on Monday, April 3 by Credit Suisse. The stock of MasTec, Inc. (NYSE:MTZ) earned “Buy” rating by KeyBanc Capital Markets on Monday, November 20. The firm has “Buy” rating by Stifel Nicolaus given on Monday, November 14. The firm earned “Buy” rating on Friday, November 3 by Canaccord Genuity. As per Friday, January 26, the company rating was maintained by Stifel Nicolaus. The company was downgraded on Thursday, March 1 by Robert W. Baird. Avondale downgraded MasTec, Inc. (NYSE:MTZ) on Friday, November 18 to “Market Perform” rating. On Tuesday, May 1 the stock rating was maintained by Robert W. Baird with “Neutral”. The stock has “Buy” rating by Barclays Capital on Tuesday, December 12. DA Davidson upgraded MasTec, Inc. (NYSE:MTZ) rating on Thursday, April 13. DA Davidson has “Buy” rating and $50 target.

Analysts await MasTec, Inc. (NYSE:MTZ) to report earnings on February, 26. They expect $1.02 earnings per share, up 148.78% or $0.61 from last year’s $0.41 per share. MTZ’s profit will be $78.76 million for 10.01 P/E if the $1.02 EPS becomes a reality. After $1.29 actual earnings per share reported by MasTec, Inc. for the previous quarter, Wall Street now forecasts -20.93% negative EPS growth.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Institutional Positions Chart

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