Clear Channel Outdoor Holdings, Inc. (CCO) Trades at $5.05 After Triangle; Hightower Advisors Boosted By $1.40 Million Its Huntington Ingalls Inds (HII) Holding

January 29, 2018 - By John Hoffman

Hightower Advisors Llc increased Huntington Ingalls Inds Inc (HII) stake by 329.4% reported in 2017Q3 SEC filing. Hightower Advisors Llc acquired 6,196 shares as Huntington Ingalls Inds Inc (HII)’s stock declined 7.75%. The Hightower Advisors Llc holds 8,077 shares with $1.83 million value, up from 1,881 last quarter. Huntington Ingalls Inds Inc now has $11.21B valuation. The stock increased 2.70% or $6.51 during the last trading session, reaching $247.76. About 395,229 shares traded. Huntington Ingalls Industries, Inc. (NYSE:HII) has risen 26.91% since January 29, 2017 and is uptrending. It has outperformed by 10.21% the S&P500.

Clear Channel Outdoor Holdings, Inc. (CCO) formed triangle with $4.65 target or 8.00% below today’s $5.05 share price. Clear Channel Outdoor Holdings, Inc. (CCO) has $1.83 billion valuation. The stock increased 6.32% or $0.3 during the last trading session, reaching $5.05. About 125,021 shares traded. Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) has declined 26.72% since January 29, 2017 and is downtrending. It has underperformed by 43.42% the S&P500.

Analysts await Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) to report earnings on February, 22. They expect $0.04 EPS, down 85.71% or $0.24 from last year’s $0.28 per share. CCO’s profit will be $14.46M for 31.56 P/E if the $0.04 EPS becomes a reality. After $-0.17 actual EPS reported by Clear Channel Outdoor Holdings, Inc. for the previous quarter, Wall Street now forecasts -123.53% EPS growth.

Among 5 analysts covering Clear Channel Outdoor Holdings (NYSE:CCO), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Clear Channel Outdoor Holdings had 11 analyst reports since August 18, 2015 according to SRatingsIntel. On Thursday, November 9 the stock rating was maintained by Loop Capital with “Hold”. The company was initiated on Tuesday, September 13 by Loop Capital. Evercore downgraded the stock to “Sell” rating in Friday, May 13 report. The rating was upgraded by Loop Capital to “Hold” on Thursday, November 3. Wells Fargo downgraded Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) on Tuesday, August 18 to “Market Perform” rating. The rating was maintained by Wedbush on Friday, February 24 with “Neutral”. Wedbush maintained Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) rating on Tuesday, January 12. Wedbush has “Neutral” rating and $7.0 target. On Wednesday, October 28 the stock rating was upgraded by Wedbush to “Neutral”. The firm earned “Buy” rating on Friday, November 6 by Topeka Capital Markets.

Investors sentiment increased to 1.89 in Q3 2017. Its up 0.60, from 1.29 in 2017Q2. It increased, as 5 investors sold Clear Channel Outdoor Holdings, Inc. shares while 14 reduced holdings. 13 funds opened positions while 23 raised stakes. 33.77 million shares or 1.71% less from 34.36 million shares in 2017Q2 were reported. Royal Bancorp Of Canada holds 3,255 shares or 0% of its portfolio. Swiss Savings Bank has invested 0% in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO). Panagora Asset Management has 0% invested in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) for 42,107 shares. Northern Trust Corporation reported 0% in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO). 282,677 are held by Geode Mngmt Limited Liability Corp. California Employees Retirement has invested 0% in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO). Zurcher Kantonalbank (Zurich Cantonalbank) holds 1,740 shares or 0% of its portfolio. Moreover, Ny State Common Retirement Fund has 0% invested in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO). 17,000 are held by Gabelli Advisers. Voya Inv Mgmt Ltd Limited Liability Company holds 22,912 shares or 0% of its portfolio. Rhumbline Advisers holds 0% or 45,073 shares in its portfolio. Tudor Invest Corporation Et Al reported 0% in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO). Zazove Assocs Ltd Liability accumulated 0.04% or 169,442 shares. 38,107 were accumulated by Deutsche Bank & Trust Ag. Morgan Stanley invested 0% of its portfolio in Clear Channel Outdoor Holdings, Inc. (NYSE:CCO).

Among 9 analysts covering Huntington Ingalls Industries (NYSE:HII), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Huntington Ingalls Industries had 29 analyst reports since August 7, 2015 according to SRatingsIntel. Cowen & Co initiated Huntington Ingalls Industries, Inc. (NYSE:HII) on Thursday, October 1 with “Market Perform” rating. The stock has “Neutral” rating by Credit Suisse on Monday, January 18. The firm earned “Hold” rating on Thursday, August 3 by Cowen & Co. Deutsche Bank maintained the stock with “Buy” rating in Monday, December 5 report. Citigroup maintained it with “Neutral” rating and $233 target in Monday, October 9 report. Stifel Nicolaus maintained the stock with “Sell” rating in Thursday, August 3 report. Credit Suisse upgraded Huntington Ingalls Industries, Inc. (NYSE:HII) on Friday, January 15 to “Neutral” rating. Credit Suisse maintained Huntington Ingalls Industries, Inc. (NYSE:HII) rating on Monday, April 3. Credit Suisse has “Hold” rating and $225 target. On Tuesday, August 22 the stock rating was maintained by Cowen & Co with “Hold”. The stock of Huntington Ingalls Industries, Inc. (NYSE:HII) earned “Neutral” rating by Credit Suisse on Thursday, November 9.

Hightower Advisors Llc decreased Willis Towers Watson Pub Ltd stake by 12,882 shares to 21,766 valued at $3.33 million in 2017Q3. It also reduced Ralph Lauren Corp (NYSE:RL) stake by 36,000 shares and now owns 7,286 shares. Roper Technologies Inc (NYSE:ROP) was reduced too.