Havner Family Trust Insider Trade for 30,000 Shares of General Finance (GFN); Omega Advisors Decreased Hess (HES) Stake

June 14, 2018 - By Shannon Black

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Omega Advisors Inc decreased Hess Corp (HES) stake by 18.58% reported in 2018Q1 SEC filing. Omega Advisors Inc sold 310,236 shares as Hess Corp (HES)’s stock rose 23.82%. The Omega Advisors Inc holds 1.36M shares with $68.81 million value, down from 1.67 million last quarter. Hess Corp now has $18.33B valuation. The stock increased 0.94% or $0.57 during the last trading session, reaching $61.06. About 1.31M shares traded. Hess Corporation (NYSE:HES) has risen 23.77% since June 14, 2017 and is uptrending. It has outperformed by 11.20% the S&P500. Some Historical HES News: ; 25/04/2018 – HESS SEES FY 2018 E&P CAPITAL & EXPLORATORY EXPENDITURES $2.1B; 25/04/2018 – Hess Corp 1Q Average Realized Crude Oil Selling Price $59.32/Barrel; 08/03/2018 – HESS: $1.0B SHR REPURCHASE PROGRAM; 23/04/2018 – HESS CORP HES.N : SIMMONS RAISES TARGET PRICE TO $58 FROM $52; 25/04/2018 – HESS CORP HES.N SAYS SALE PROCESS FOR DENMARK ASSETS IS ‘ONGOING’, DECLINES TO SAY MORE; 08/03/2018 – ELLIOTT MGMT SUPPORTS CHANGES AT HESS; 09/03/2018 – Fitch: Hess Outlook Revised to Negative From Stable After $1B Shr Repurchase Plan; 27/03/2018 – HESS CEO JOHN HESS COMMENTS IN PRESENTATION AT WEIL CONFERENCE; 13/04/2018 – HESS CORP HES.N : CREDIT SUISSE RAISES TARGET PRICE TO $48 FROM $42; 07/05/2018 – PolyOne Appoints Giuseppe Di Salvo as Vice President, Investor Relations; Justin M. Hess as Vice President, Corporate

Investors sentiment increased to 2 in Q1 2018. Its up 0.43, from 1.57 in 2017Q4. It increased, as 2 investors sold General Finance Corporation shares while 7 reduced holdings. 11 funds opened positions while 7 raised stakes. 5.69 million shares or 6.41% more from 5.35 million shares in 2017Q4 were reported. Millennium Mngmt Limited Liability reported 0% in General Finance Corporation (NASDAQ:GFN). Bard Inc owns 172,900 shares for 0.63% of their portfolio. Wells Fargo And Company Mn accumulated 7,565 shares. The United Kingdom-based Barclays Public Lc has invested 0% in General Finance Corporation (NASDAQ:GFN). Credit Suisse Ag stated it has 0% of its portfolio in General Finance Corporation (NASDAQ:GFN). 11,000 are held by Spark Inv Ltd Liability Co. Goldman Sachs Gp reported 0% in General Finance Corporation (NASDAQ:GFN). Gagnon Ltd Llc owns 1.97 million shares. Renaissance Tech Ltd reported 241,700 shares. Bluecrest Cap Mgmt Ltd owns 0% invested in General Finance Corporation (NASDAQ:GFN) for 21,923 shares. Caprock Group Incorporated holds 0.02% or 11,000 shares in its portfolio. Litman Gregory Asset Mgmt Llc accumulated 34,827 shares. First Wilshire Mgmt holds 0.09% or 45,291 shares in its portfolio. Deutsche Bank & Trust Ag, a Germany-based fund reported 81,985 shares. Bridgeway Management invested 0.03% of its portfolio in General Finance Corporation (NASDAQ:GFN).

General Finance Corp’s insider, Havner Family Trust, bought 30,000 shares of stock in the public firm. The average share cost was $11.4, for aggregate trade value of $341,400 U.S Dollars. Published June 15, 2018, you can read more about the deal by opening the following legal 4F filing here. This transaction decreased his ownership of the company to 13.07% market cap or 3.50 million shares.

The stock increased 0.87% or $0.1 during the last trading session, reaching $11.6. About 41,434 shares traded. General Finance Corporation (NASDAQ:GFN) has risen 124.00% since June 14, 2017 and is uptrending. It has outperformed by 111.43% the S&P500. Some Historical GFN News: ; 24/05/2018 – Ronald L. Havner, Jr., Affiliates Report Stake In General Finance; 05/04/2018 RONALD L. HAVNER REPORTS 9.4 PCT STAKE IN GENERAL FINANCE CORP AS OF APRIL 4, 2018 – SEC FILING; 09/05/2018 – General Finance 3Q Loss/Shr 6c; 09/04/2018 – Pac-Van, Inc. Acquires Storage Container and Storage Trailer Assets From Acorn Storage Trailers, Inc; 09/05/2018 – General Finance Sees FY18 Rev $335M-$340M; 05/04/2018 – RONALD L. HAVNER – HAD PREVIOSULY REPORTED 6.5 PCT STAKE IN GENERAL FINANCE CORP AS OF NOVEMBER 21, 2017- SEC FILING; 09/04/2018 – General Finance Unit Pac-Van Acquires Storage Container and Storage Trailer Assets From Acorn Storage Trailers, Inc; 09/05/2018 – GENERAL FINANCE CORP SAYS CONSOLIDATED ADJUSTED EBITDA WILL INCREASE BY 39% TO 41% IN FISCAL YEAR 2018 FROM FISCAL YEAR 2017; 24/05/2018 – RONALD L. HAVNER REPORTS 10.5 PCT STAKE IN GENERAL FINANCE CORP AS OF MAY 22, 2018 – SEC FILING; 09/05/2018 – General Finance 3Q Rev $84.4M

Since February 12, 2018, it had 29 insider buys, and 22 sales for $23.29 million activity. Havner LeeAnn R bought 35,000 shares worth $388,150. Shares for $85,869 were bought by HAVNER RONALD L JR on Thursday, June 7. Shares for $9,427 were sold by Wilson Christopher A. Another trade for 42,869 shares valued at $475,882 was sold by GAGNON NEIL. $29,172 worth of General Finance Corporation (NASDAQ:GFN) was bought by Havner Family Trust on Thursday, May 31. 1,765 shares were bought by Valenta Ronald, worth $13,304.

More important recent General Finance Corporation (NASDAQ:GFN) news were published by: Seekingalpha.com which released: “General Finance Corp.: Cyclical Upside Has Been Realized” on June 01, 2018, also Nasdaq.com published article titled: “General Finance Corporation Set to Join Russell 3000® Index and Russell Global Index”, Seekingalpha.com published: “Trinity Industries Inc.: Spin-Off Entity Does Not Look Overly Promising” on June 11, 2018. More interesting news about General Finance Corporation (NASDAQ:GFN) was released by: Streetinsider.com and their article: “Form 8-K General Finance CORP For: Jun 11” with publication date: June 11, 2018.

Analysts await General Finance Corporation (NASDAQ:GFN) to report earnings on September, 5. They expect $-0.04 EPS, up 42.86% or $0.03 from last year’s $-0.07 per share. After $-0.06 actual EPS reported by General Finance Corporation for the previous quarter, Wall Street now forecasts -33.33% EPS growth.

General Finance Corporation, a specialty rental services company, provides portable storage, modular space, and liquid containment solutions in North America and the Asia-Pacific regions. The company has market cap of $310.38 million. The Company’s portable storage products include storage containers used in classroom equipment storage, construction equipment and tool storage, disaster shelters, landscaping sheds, recreational equipment storage, and retail inventory storage applications; and freight containers used in freight transportation by road and rail. It currently has negative earnings. The companyÂ’s modular space products comprise office container products, modular buildings, and mobile offices used in various applications, such as general administrative office space, military installations, workforce living accommodations, bank branches, classrooms/education, construction offices, daycare facilities, dormitories, healthcare facilities, rental facilities, retail space, and shelters.

Among 3 analysts covering General Finance Corporation (NASDAQ:GFN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. General Finance Corporation has $1300 highest and $6 lowest target. $11.10’s average target is -4.31% below currents $11.6 stock price. General Finance Corporation had 5 analyst reports since September 9, 2015 according to SRatingsIntel. On Tuesday, February 21 the stock rating was initiated by Singular Research with “Buy”. The stock of General Finance Corporation (NASDAQ:GFN) has “Perform” rating given on Monday, September 21 by Oppenheimer.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.13, from 0.94 in 2017Q4. It dropped, as 41 investors sold HES shares while 169 reduced holdings. 49 funds opened positions while 121 raised stakes. 252.61 million shares or 1.34% less from 256.03 million shares in 2017Q4 were reported. Ancora Advsr reported 7,016 shares. Van Eck Associate Corp reported 0.01% stake. Commonwealth Natl Bank Of holds 353 shares. Parkside Savings Bank Trust has invested 0% in Hess Corporation (NYSE:HES). Wellington Mngmt Limited Liability Partnership accumulated 16.44M shares or 0.19% of the stock. Nordea Inv Management Ab owns 23,146 shares or 0% of their US portfolio. Qci Asset Management Ny holds 0% or 400 shares in its portfolio. Arvest Bancshares Division accumulated 0.71% or 197,112 shares. Oakworth invested 0% of its portfolio in Hess Corporation (NYSE:HES). Bessemer Inc reported 102,630 shares. Daiwa Secs Group Inc Inc reported 9,040 shares stake. Jupiter Asset Mngmt Ltd has invested 0.07% in Hess Corporation (NYSE:HES). Conning Incorporated invested in 0.01% or 7,477 shares. Rafferty Asset Mgmt Ltd Liability Corporation reported 10,984 shares or 0.01% of all its holdings. Laurion Capital Mngmt Lp holds 32,700 shares.

Among 23 analysts covering Hess Corp. (NYSE:HES), 8 have Buy rating, 2 Sell and 13 Hold. Therefore 35% are positive. Hess Corp. had 68 analyst reports since July 22, 2015 according to SRatingsIntel. On Monday, September 12 the stock rating was initiated by KLR Group with “Accumulate”. The firm earned “Hold” rating on Monday, June 26 by BMO Capital Markets. As per Saturday, August 8, the company rating was downgraded by Zacks. The stock of Hess Corporation (NYSE:HES) earned “Hold” rating by Cowen & Co on Sunday, August 20. As per Monday, July 10, the company rating was maintained by Cowen & Co. Citigroup maintained Hess Corporation (NYSE:HES) on Thursday, April 7 with “Neutral” rating. On Thursday, August 24 the stock rating was maintained by Piper Jaffray with “Buy”. Barclays Capital maintained the shares of HES in report on Tuesday, January 12 with “Equal Weight” rating. The firm has “Hold” rating by BMO Capital Markets given on Friday, September 1. As per Wednesday, July 22, the company rating was upgraded by Credit Suisse.

Omega Advisors Inc increased Dxc Technology Co stake by 160,500 shares to 435,500 valued at $43.78M in 2018Q1. It also upped Parsley Energy Inc (NYSE:PE) stake by 422,900 shares and now owns 2.19M shares. Citigroup Inc (NYSE:C) was raised too.

Since February 8, 2018, it had 11 insider purchases, and 15 sales for $8.38 million activity. $25,016 worth of Hess Corporation (NYSE:HES) was bought by LAVIZZO-MOUREY RISA J on Tuesday, March 6. $25,016 worth of Hess Corporation (NYSE:HES) was bought by COLEMAN LEONARD S JR. On Thursday, February 8 the insider Truelove Brian D. sold $85,572. 3,382 shares were sold by RIELLY JOHN P, worth $150,262 on Thursday, February 8. $19,686 worth of Hess Corporation (NYSE:HES) was sold by Slentz Andrew P. HESS JOHN B sold $4.15M worth of stock. Another trade for 6,187 shares valued at $298,897 was made by Turner Michael R on Tuesday, March 6.

Hess Corporation (NYSE:HES) Institutional Positions Chart