Dover Motorsports, Inc. (DVD) Is At $1.98 Formed Wedge; Scopus Asset Management LP Has Trimmed Its Mastec (Put) (MTZ) Stake

Scopus Asset Management Lp decreased Mastec Inc (Put) (MTZ) stake by 25.93% reported in 2017Q3 SEC filing. Scopus Asset Management Lp sold 35,000 shares as Mastec Inc (Put) (MTZ)’s stock rose 9.66%. The Scopus Asset Management Lp holds 100,000 shares with $4.64 million value, down from 135,000 last quarter. Mastec Inc (Put) now has $4.04 billion valuation. The stock decreased 1.71% or $0.85 during the last trading session, reaching $48.75. About 848,266 shares traded. MasTec, Inc. (NYSE:MTZ) has risen 93.42% since February 14, 2017 and is uptrending. It has outperformed by 76.72% the S&P500.

Dover Motorsports, Inc. (DVD) formed wedge down with $1.86 target or 6.00% below today’s $1.98 share price. Dover Motorsports, Inc. (DVD) has $72.71M valuation. The stock decreased 1.25% or $0.025 during the last trading session, reaching $1.975. About 10,309 shares traded. Dover Motorsports, Inc. (NYSE:DVD) has declined 11.76% since February 14, 2017 and is downtrending. It has underperformed by 28.46% the S&P500.

Scopus Asset Management Lp increased Stanley Black & Decker Inc (NYSE:SWK) stake by 15,000 shares to 115,000 valued at $17.36M in 2017Q3. It also upped Facebook Inc (NASDAQ:FB) stake by 710,000 shares and now owns 1.01M shares. Yandex N V (NASDAQ:YNDX) was raised too.

Since February 1, 2018, it had 0 insider buys, and 1 sale for $1.38 million activity. Apple Robert E sold $1.38M worth of stock or 25,000 shares.

Among 15 analysts covering MasTec (NYSE:MTZ), 14 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. MasTec had 46 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of MasTec, Inc. (NYSE:MTZ) earned “Neutral” rating by DA Davidson on Wednesday, November 16. As per Monday, August 3, the company rating was maintained by FBR Capital. The rating was maintained by Stifel Nicolaus on Sunday, December 10 with “Buy”. The rating was maintained by FBR Capital with “Outperform” on Tuesday, September 1. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, November 14 report. The stock has “Buy” rating by Citigroup on Friday, August 18. The company was maintained on Monday, November 6 by FBR Capital. Robert W. Baird maintained the shares of MTZ in report on Tuesday, September 5 with “Hold” rating. The stock has “Buy” rating by Canaccord Genuity on Wednesday, August 9. The firm earned “Buy” rating on Thursday, November 12 by Craig Hallum.

Investors sentiment increased to 1.39 in 2017 Q3. Its up 0.17, from 1.22 in 2017Q2. It increased, as 29 investors sold MTZ shares while 73 reduced holdings. 56 funds opened positions while 86 raised stakes. 58.30 million shares or 2.08% more from 57.11 million shares in 2017Q2 were reported. Commonwealth Equity Serv invested in 0% or 11,044 shares. Torch Wealth Management Ltd holds 4,680 shares or 0.14% of its portfolio. Point72 Asset Mngmt Limited Partnership invested in 0.14% or 690,800 shares. First Advsr Limited Partnership has invested 0.02% in MasTec, Inc. (NYSE:MTZ). Mckinley Cap Management Ltd Limited Liability Company Delaware holds 0.23% of its portfolio in MasTec, Inc. (NYSE:MTZ) for 118,826 shares. Point72 Asia (Hong Kong) Ltd reported 142 shares stake. Fmr Lc reported 0% stake. Bnp Paribas Arbitrage owns 44,021 shares. Greenwood Cap Associate Ltd Llc accumulated 0.1% or 8,716 shares. Trexquant LP stated it has 0.06% of its portfolio in MasTec, Inc. (NYSE:MTZ). Nationwide Fund Advisors reported 505,518 shares. Dupont Capital Management invested in 0.08% or 79,500 shares. Int Group accumulated 0.01% or 44,658 shares. Wells Fargo & Mn accumulated 805,192 shares. Northern Corp accumulated 872,082 shares or 0.01% of the stock.

Analysts await MasTec, Inc. (NYSE:MTZ) to report earnings on February, 22. They expect $0.33 EPS, down 51.47% or $0.35 from last year’s $0.68 per share. MTZ’s profit will be $27.31M for 36.93 P/E if the $0.33 EPS becomes a reality. After $0.78 actual EPS reported by MasTec, Inc. for the previous quarter, Wall Street now forecasts -57.69% negative EPS growth.

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