Stone Energy (SGY) Forms $35.13 Double Top; Glg Partners LP Boosted By $10.07 Million Its Dollar Tree (DLTR) Holding

April 3, 2018 - By Danny Collins

Dollar Tree, Inc. (NASDAQ:DLTR) Logo

Glg Partners Lp increased Dollar Tree Inc (DLTR) stake by 93.54% reported in 2017Q4 SEC filing. Glg Partners Lp acquired 94,094 shares as Dollar Tree Inc (DLTR)’s stock declined 14.46%. The Glg Partners Lp holds 194,689 shares with $20.89 million value, up from 100,595 last quarter. Dollar Tree Inc now has $22.41B valuation. The stock decreased 0.53% or $0.5 during the last trading session, reaching $94.4. About 2.60M shares traded. Dollar Tree, Inc. (NASDAQ:DLTR) has risen 22.99% since April 3, 2017 and is uptrending. It has outperformed by 11.44% the S&P500.

Stone Energy Corporation (SGY) formed double top with $37.59 target or 7.00% above today’s $35.13 share price. Stone Energy Corporation (SGY) has $702.55 million valuation. The stock decreased 5.31% or $1.97 during the last trading session, reaching $35.13. About 262,472 shares traded or 48.95% up from the average. Stone Energy Corporation (NYSE:SGY) has risen 69.07% since April 3, 2017 and is uptrending. It has outperformed by 57.52% the S&P500.

Among 13 analysts covering Stone Energy Corporation (NYSE:SGY), 1 have Buy rating, 5 Sell and 7 Hold. Therefore 8% are positive. Stone Energy Corporation had 29 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Imperial Capital on Wednesday, November 4 with “Outperform”. Howard Weil downgraded the stock to “Sector Perform” rating in Friday, August 14 report. Howard Weil maintained the shares of SGY in report on Tuesday, December 22 with “Sector Perform” rating. The rating was downgraded by KLR Group to “Hold” on Wednesday, February 24. The stock of Stone Energy Corporation (NYSE:SGY) has “Underweight” rating given on Friday, March 11 by Piper Jaffray. CapitalOne upgraded Stone Energy Corporation (NYSE:SGY) on Wednesday, March 1 to “Equal Weight” rating. Imperial Capital maintained Stone Energy Corporation (NYSE:SGY) on Wednesday, February 24 with “In-Line” rating. As per Monday, May 29, the company rating was downgraded by ValuEngine. Simmons & Co downgraded the stock to “Underweight” rating in Friday, March 11 report. The rating was downgraded by National Securities to “Neutral” on Tuesday, November 28.

Analysts await Stone Energy Corporation (NYSE:SGY) to report earnings on June, 11. SGY’s profit will be $7.80M for 22.52 P/E if the $0.39 EPS becomes a reality. After $0.12 actual earnings per share reported by Stone Energy Corporation for the previous quarter, Wall Street now forecasts 225.00% EPS growth.

Glg Partners Lp decreased Gardner Denver Hldgs Inc stake by 52,540 shares to 61,084 valued at $2.07 million in 2017Q4. It also reduced Vale S A (NYSE:VALE) stake by 218,160 shares and now owns 732,514 shares. Ralph Lauren Corp (NYSE:RL) was reduced too.

Among 36 analysts covering Dollar Tree Inc. (NASDAQ:DLTR), 26 have Buy rating, 1 Sell and 9 Hold. Therefore 72% are positive. Dollar Tree Inc. had 113 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) earned “Overweight” rating by PiperJaffray on Monday, March 26. Canaccord Genuity maintained it with “Buy” rating and $82 target in Friday, September 11 report. UBS maintained Dollar Tree, Inc. (NASDAQ:DLTR) rating on Tuesday, November 14. UBS has “Buy” rating and $106.0 target. The stock of Dollar Tree, Inc. (NASDAQ:DLTR) has “Buy” rating given on Friday, September 4 by Bank of America. As per Monday, August 7, the company rating was maintained by Loop Capital Markets. Piper Jaffray maintained it with “Hold” rating and $98.0 target in Tuesday, November 21 report. RBC Capital Markets maintained Dollar Tree, Inc. (NASDAQ:DLTR) rating on Wednesday, November 22. RBC Capital Markets has “Buy” rating and $111.0 target. The firm has “Top Pick” rating by RBC Capital Markets given on Friday, May 27. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. The rating was maintained by Cantor Fitzgerald on Wednesday, September 2 with “Buy”.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.14, from 1.03 in 2017Q3. It increased, as 39 investors sold DLTR shares while 197 reduced holdings. 102 funds opened positions while 175 raised stakes. 204.89 million shares or 1.30% more from 202.27 million shares in 2017Q3 were reported. Columbus Circle Invsts stated it has 570,096 shares or 1.16% of all its holdings. Private Advisor Group Lc holds 16,122 shares or 0.07% of its portfolio. 44,540 were accumulated by Frontier Investment Mngmt. Stone Ridge Asset Limited Liability Corp holds 20,689 shares. Wolverine Asset Mgmt Limited Com reported 593 shares. Credit Suisse Ag invested in 0.04% or 388,943 shares. 6,287 are held by Highbridge Mgmt Limited Liability Com. Natixis reported 0.01% in Dollar Tree, Inc. (NASDAQ:DLTR). Advisor Partners Ltd Liability Com holds 3,800 shares or 0.08% of its portfolio. Rocky Mountain Advisers Ltd has invested 0.01% in Dollar Tree, Inc. (NASDAQ:DLTR). Parallax Volatility Advisers Lp has invested 0% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR). Growth Limited Partnership holds 2.05% of its portfolio in Dollar Tree, Inc. (NASDAQ:DLTR) for 460,000 shares. Tocqueville Asset Lp has 24,410 shares for 0.03% of their portfolio. Moore Capital LP holds 0.73% or 375,000 shares in its portfolio. Gateway Advisers Lc accumulated 44,001 shares or 0.04% of the stock.

Since October 11, 2017, it had 1 buy, and 5 sales for $7.48 million activity. 18,621 shares were sold by SAUNDERS THOMAS A, worth $1.70M. Old William A. JR sold $136,062 worth of Dollar Tree, Inc. (NASDAQ:DLTR) on Friday, October 13. The insider BARRON ARNOLD S sold 6,023 shares worth $569,084. $258,987 worth of Dollar Tree, Inc. (NASDAQ:DLTR) was sold by RUDMAN ROBERT H on Friday, March 23. Hall Conrad M. bought $918,281 worth of Dollar Tree, Inc. (NASDAQ:DLTR) on Friday, March 9. BROCK MACON F JR had sold 63,000 shares worth $5.74M on Thursday, October 12.

Dollar Tree, Inc. (NASDAQ:DLTR) Institutional Positions Chart