Vaughan Nelson Investment Management LP Lifted By $4.33 Million Its United Cmnty Bks Blairsvle Ga (UCBI) Position; Highfields Capital Management LP Has Raised Rite Aid (RAD) Position By $25.00 Million

February 15, 2018 - By Migdalia James

Highfields Capital Management Lp increased Rite Aid Corp (RAD) stake by 113.63% reported in 2017Q3 SEC filing. Highfields Capital Management Lp acquired 25.00 million shares as Rite Aid Corp (RAD)’s stock declined 41.75%. The Highfields Capital Management Lp holds 47.00M shares with $92.12M value, up from 22.00 million last quarter. Rite Aid Corp now has $2.15B valuation. It closed at $2.05 lastly. It is down 55.18% since February 15, 2017 and is downtrending. It has underperformed by 71.88% the S&P500.

Vaughan Nelson Investment Management Lp increased United Cmnty Bks Blairsvle Ga (UCBI) stake by 9.29% reported in 2017Q3 SEC filing. Vaughan Nelson Investment Management Lp acquired 154,475 shares as United Cmnty Bks Blairsvle Ga (UCBI)’s stock declined 9.99%. The Vaughan Nelson Investment Management Lp holds 1.82M shares with $51.89M value, up from 1.66M last quarter. United Cmnty Bks Blairsvle Ga now has $2.45 billion valuation. The stock decreased 0.14% or $0.05 during the last trading session, reaching $31.6. About 72,551 shares traded. United Community Banks, Inc. (NASDAQ:UCBI) has risen 34.83% since February 15, 2017 and is uptrending. It has outperformed by 18.13% the S&P500.

Among 14 analysts covering Rite Aid (NYSE:RAD), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Rite Aid had 24 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, August 6 by Vetr. On Thursday, September 17 the stock rating was maintained by Mizuho with “Buy”. The firm has “Hold” rating by Deutsche Bank given on Friday, April 8. Mizuho downgraded Rite Aid Corporation (NYSE:RAD) on Thursday, July 20 to “Neutral” rating. The company was downgraded on Wednesday, April 26 by Guggenheim. The rating was downgraded by Goldman Sachs on Thursday, October 29 to “Neutral”. The firm has “Neutral” rating given on Friday, October 6 by Mizuho. The rating was reinitiated by Bank of America with “Underperform” on Friday, June 30. The rating was initiated by Loop Capital Markets with “Hold” on Monday, September 11. The stock of Rite Aid Corporation (NYSE:RAD) has “Underperform” rating given on Friday, June 30 by Evercore.

Investors sentiment increased to 0.97 in 2017 Q3. Its up 0.19, from 0.78 in 2017Q2. It increased, as 57 investors sold RAD shares while 77 reduced holdings. 43 funds opened positions while 87 raised stakes. 513.41 million shares or 4.79% less from 539.25 million shares in 2017Q2 were reported. Allsquare Wealth Mgmt Lc invested in 0% or 1,300 shares. 421,607 are owned by Bancshares Of Montreal Can. Highland Capital Management Limited Liability Company owns 169,160 shares for 0.03% of their portfolio. Wolverine Asset Mngmt Ltd Liability Corporation stated it has 8,171 shares or 0% of all its holdings. 50,000 are held by Dsc Advsr Limited Partnership. Tower Research Capital Limited Liability (Trc) stated it has 0% in Rite Aid Corporation (NYSE:RAD). 1,000 were accumulated by Benjamin F Edwards. Financial Bank Of America De reported 0% of its portfolio in Rite Aid Corporation (NYSE:RAD). Canada Pension Plan Investment Board has invested 0.01% of its portfolio in Rite Aid Corporation (NYSE:RAD). Janney Montgomery Scott, a Pennsylvania-based fund reported 76,331 shares. Wealthcare, Virginia-based fund reported 100 shares. Glacier Peak Cap Limited Co owns 44,000 shares or 0.1% of their US portfolio. Hbk Sorce Advisory Llc holds 0% or 10,140 shares in its portfolio. Jefferies Gru Lc holds 100,400 shares or 0% of its portfolio. Two Sigma Secs Limited Liability Corp invested in 347,110 shares or 0.06% of the stock.

Since October 3, 2017, it had 0 insider purchases, and 1 insider sale for $58,915 activity. On Tuesday, October 3 the insider POTTER MYRTLE S sold $58,915.

Highfields Capital Management Lp decreased Shire Plc (NASDAQ:SHPG) stake by 287,500 shares to 187,500 valued at $28.71M in 2017Q3. It also reduced Allergan Plc stake by 128,500 shares and now owns 37,500 shares. Energen Corp (NYSE:EGN) was reduced too.

Vaughan Nelson Investment Management Lp decreased Amn Healthcare Services Inc (NYSE:AHS) stake by 17,925 shares to 1.47M valued at $67.03 million in 2017Q3. It also reduced Wells Fargo Co New (NYSE:WFC) stake by 739,638 shares and now owns 17,480 shares. Avery Dennison Corp (NYSE:AVY) was reduced too.

Investors sentiment increased to 1.67 in Q3 2017. Its up 0.42, from 1.25 in 2017Q2. It increased, as 17 investors sold UCBI shares while 44 reduced holdings. 30 funds opened positions while 72 raised stakes. 64.14 million shares or 1.24% more from 63.35 million shares in 2017Q2 were reported. State Street Corporation holds 2.94 million shares. Moreover, Renaissance Techs Lc has 0.06% invested in United Community Banks, Inc. (NASDAQ:UCBI) for 1.80M shares. Tower Research Ltd Llc (Trc) has invested 0.02% in United Community Banks, Inc. (NASDAQ:UCBI). Panagora Asset Mgmt accumulated 0.04% or 353,698 shares. Invesco accumulated 0.01% or 511,440 shares. Vaughan Nelson Inv Mngmt Limited Partnership owns 1.82M shares. New York State Common Retirement Fund holds 122,859 shares. Raymond James & Associates holds 0% or 63,649 shares. 15,000 were reported by Hennessy Advisors Incorporated. Los Angeles Capital Management & Equity Research Inc has 19,839 shares. Amalgamated National Bank & Trust holds 0.01% or 9,564 shares in its portfolio. Aqr Capital Mgmt Ltd Co has invested 0% in United Community Banks, Inc. (NASDAQ:UCBI). Qs Invsts Limited Co has invested 0.06% in United Community Banks, Inc. (NASDAQ:UCBI). Louisiana-based Louisiana State Employees Retirement Sys has invested 0.04% in United Community Banks, Inc. (NASDAQ:UCBI). Rmb Cap Mgmt Lc invested in 0.15% or 199,999 shares.

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