As Discovery Communications Ser C (DISCK) Share Value Declined, Shapiro Capital Management Lowered Its Position; Smith Asset Management Group LP Has Cut Fleetcor Technologies (FLT) Position by $399,600 as Stock Price Rose

FleetCor Technologies, Inc. (NYSE:FLT) Logo

Shapiro Capital Management Llc decreased its stake in Discovery Communications Ser C (DISCK) by 97.57% based on its latest 2018Q4 regulatory filing with the SEC. Shapiro Capital Management Llc sold 383,100 shares as the company’s stock declined 3.83% while stock markets rallied. The institutional investor held 9,527 shares of the consumer services company at the end of 2018Q4, valued at $219.88M, down from 392,627 at the end of the previous reported quarter. Shapiro Capital Management Llc who had been investing in Discovery Communications Ser C for a number of months, seems to be less bullish one the $19.68 billion market cap company. The stock decreased 0.96% or $0.25 during the last trading session, reaching $25.9. About 3.78 million shares traded or 65.75% up from the average. Discovery, Inc. (NASDAQ:DISCK) has risen 19.47% since March 17, 2018 and is uptrending. It has outperformed by 15.10% the S&P500.

Smith Asset Management Group Lp decreased its stake in Fleetcor Technologies Inc (FLT) by 1.61% based on its latest 2018Q4 regulatory filing with the SEC. Smith Asset Management Group Lp sold 2,160 shares as the company’s stock rose 20.28% with the market. The hedge fund held 131,764 shares of the miscellaneous company at the end of 2018Q4, valued at $24.47 million, down from 133,924 at the end of the previous reported quarter. Smith Asset Management Group Lp who had been investing in Fleetcor Technologies Inc for a number of months, seems to be less bullish one the $20.54 billion market cap company. The stock increased 1.13% or $2.67 during the last trading session, reaching $239.27. About 1.32 million shares traded or 91.01% up from the average. FleetCor Technologies, Inc. (NYSE:FLT) has risen 16.18% since March 17, 2018 and is uptrending. It has outperformed by 11.81% the S&P500. Some Historical FLT News: 27/04/2018 – FLEETCOR TECHNOLOGIES INC SAYS CEO RONALD F. CLARKE’S 2017 TOTAL COMPENSATION WAS $52.6 MLN — SEC FILING; 06/03/2018 Noventis And Comdata Partner To Expand Use Of Virtual Credit Cards In B2B Payments; 22/03/2018 – FleetCor Closes Below 50-Day Moving Average: Technicals; 03/05/2018 – FLEETCOR TECHNOLOGIES INC – SEES FULL YEAR 2018 REVENUES INCLUDING ADOPTION OF ASC 606, BETWEEN $2,390 MLN AND $2,450 MLN; 03/05/2018 – FleetCor Sees 2018 Adj EPS $10.20-Adj EPS $10.50; 03/05/2018 – FLEETCOR TECHNOLOGIES INC – COMPANY FROZE CERTAIN GIFT CARD INFORMATION AND IS WORKING WITH MERCHANT CUSTOMERS TO LIMIT IMPACT OF UNAUTHORIZED ACCESS; 03/05/2018 – FLEETCOR & P97 FORM PARTNERSHIP TO ACCELERATE MOBILE PAYMENTS A; 03/05/2018 – FLEETCOR TECHNOLOGIES INC – TOOK IMMEDIATE ACTION TO STOP ACTIVITY ON SYSTEMS INVOLVING CO’S STORED VALUE SOLUTIONS GIFT CARD BUSINESS; 21/03/2018 – Uber Freight Partners with FLEETCOR to Bring Savings to Its Carriers and Their Drivers; 03/05/2018 – FleetCor 1Q EPS $1.88

Investors sentiment decreased to 0.94 in Q4 2018. Its down 0.07, from 1.01 in 2018Q3. It dropped, as 50 investors sold FLT shares while 135 reduced holdings. 51 funds opened positions while 122 raised stakes. 80.73 million shares or 1.70% less from 82.12 million shares in 2018Q3 were reported. Ameriprise Financial reported 0.08% stake. Arizona State Retirement System holds 0.04% or 18,220 shares. Moreover, Logan Cap Management has 0.79% invested in FleetCor Technologies, Inc. (NYSE:FLT). British Columbia Investment reported 0.05% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT). The Illinois-based Rmb Capital Mngmt Lc has invested 0.01% in FleetCor Technologies, Inc. (NYSE:FLT). Tiaa Cref Ltd Liability has invested 0.03% in FleetCor Technologies, Inc. (NYSE:FLT). Ubs Asset Mngmt Americas Inc holds 0% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT) for 303,942 shares. The Maine-based Spinnaker has invested 0.16% in FleetCor Technologies, Inc. (NYSE:FLT). Suntrust Banks holds 7,670 shares or 0.01% of its portfolio. Moreover, Aperio Grp Incorporated Limited Com has 0.02% invested in FleetCor Technologies, Inc. (NYSE:FLT). Dubuque Financial Bank & Tru reported 31 shares. Rampart Management Communication Ltd Liability holds 849 shares. Meiji Yasuda Asset Ltd holds 0.02% or 1,210 shares in its portfolio. First Trust Advsr Ltd Partnership holds 216,014 shares or 0.1% of its portfolio. Franklin Res Incorporated reported 2,925 shares.

More notable recent FleetCor Technologies, Inc. (NYSE:FLT) news were published by: Themiddlemarket.com which released: “M&A wrap: StaCyc, Harley-Davidson, Goldman Sachs, Lincoln, FleetCor, OEP – Mergers & Acquisitions” on March 05, 2019, also Seekingalpha.com with their article: “Fleetcor To Acquire Nvoicepay For AP Processing Tech – Seeking Alpha” published on March 07, 2019, Seekingalpha.com published: “Daily Graph: Exceptional Compounder FleetCor Technologies – Seeking Alpha” on November 29, 2018. More interesting news about FleetCor Technologies, Inc. (NYSE:FLT) were released by: Seekingalpha.com and their article: “FleetCor Technologies Q4 2018 Earnings Preview – Seeking Alpha” published on February 05, 2019 as well as Benzinga.com‘s news article titled: “FleetCor Technologies, Inc. (NYSE:FLT) – FleetCor Beats Wall Street Consensus – Benzinga” with publication date: February 11, 2019.

Smith Asset Management Group Lp, which manages about $2.91 billion and $2.83B US Long portfolio, upped its stake in Toronto Dominion Bank (NYSE:TD) by 22,991 shares to 46,901 shares, valued at $2.33M in 2018Q4, according to the filing. It also increased its holding in Strategic Education Inc by 3,995 shares in the quarter, for a total of 25,262 shares, and has risen its stake in Netapp Inc (NASDAQ:NTAP).

Analysts await FleetCor Technologies, Inc. (NYSE:FLT) to report earnings on May, 2. They expect $2.46 earnings per share, up 3.36% or $0.08 from last year’s $2.38 per share. FLT’s profit will be $211.21M for 24.32 P/E if the $2.46 EPS becomes a reality. After $2.64 actual earnings per share reported by FleetCor Technologies, Inc. for the previous quarter, Wall Street now forecasts -6.82% negative EPS growth.

More notable recent Discovery, Inc. (NASDAQ:DISCK) news were published by: Fool.com which released: “Discovery Gets More Profitable – Motley Fool” on February 26, 2019, also Nasdaq.com with their article: “Discovery’s CEO Isn’t Afraid of Netflix – Nasdaq” published on February 28, 2019, Nasdaq.com published: “S&P 500 Movers: DISCK, SJM – Nasdaq” on February 26, 2019. More interesting news about Discovery, Inc. (NASDAQ:DISCK) were released by: Seekingalpha.com and their article: “Discovery: Self-Described Free Cash Flow Machine – Seeking Alpha” published on February 28, 2019 as well as Nasdaq.com‘s news article titled: “Pre-Market Earnings Report for February 26, 2019 : HD, BNS, BMO, TRI, SRE, WP, AZO, LNG, SJM, DISCK, M, SERV – Nasdaq” with publication date: February 25, 2019.

FleetCor Technologies, Inc. (NYSE:FLT) Institutional Positions Chart