Yorktown Management & Research Co INC Decreased Bgc Partners INC (BGCP) Stake as Shares Declined

April 20, 2018 - By Ashley Edward

BGC Partners, Inc. (NASDAQ:BGCP) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.24. That’s change of 0.25, from 2017Q3’s 1.49. 26 investors sold all, 81 reduced holdings as BGCP ratio is negative. 82 increased stakes while 51 funds took stakes. Funds hold 128.65 million shares thus 5.48% more from 2017Q3’s 121.96 million shares. Moreover, Great West Life Assurance Can has 0% invested in BGC Partners, Inc. (NASDAQ:BGCP). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt Corp owns 443,433 shs. Natl Asset Mngmt Incorporated accumulated 10,068 shs. Verition Fund Mgmt Limited Co invested 0.12% in BGC Partners, Inc. (NASDAQ:BGCP). Park Circle reported 1.11% in BGC Partners, Inc. (NASDAQ:BGCP). Bluemar Cap Ltd Llc holds 2.15% or 297,582 shs in its capital. 93,250 are held by Sawgrass Asset Ltd Liability. Etrade Capital holds 0.01% in BGC Partners, Inc. (NASDAQ:BGCP) or 13,451 shs. Sg Americas Securities Ltd Limited Liability Company invested 0% of its capital in BGC Partners, Inc. (NASDAQ:BGCP). Engineers Gate Manager Limited Partnership holds 0.23% of its capital in BGC Partners, Inc. (NASDAQ:BGCP) for 218,075 shs. Quantbot Tech LP stated it has 22,917 shs or 0.03% of all its holdings. 647,623 were accumulated by Cornerstone Cap Mngmt Lc. Moreover, Bessemer Grp Inc has 0% invested in BGC Partners, Inc. (NASDAQ:BGCP). North Point Port Managers Oh holds 12,965 shs. Ent Services Corp reported 847 shs.

In Bgc Partners Inc. (BGCP) was decreased the stake owned by Yorktown Management & Research Co Inc. The reduction is 46.67% according to 2017Q4 Securities and Exchange filling. By selling 350,000 shares Yorktown Management & Research Co Inc made the stock sank with 12.13%. At the end of 2017Q4, the 400,000 shares of the finance company held by the institutional investor were priced at $6.04 million, down from 750,000 at the end of the previous reported quarter. Yorktown Management & Research Co Inc has risen its stake in Royal Dutch Shell Plc Adr and also increased its holding in Seagate Technology Plc (NASDAQ:STX) by 110,000 shares in the quarter, for a total of 130,000 shares.

Analysts await BGC Partners, Inc. (NASDAQ:BGCP) to report earnings on May, 3 before the open. They expect $0.30 EPS, up 30.43 % or $0.07 from last year’s $0.23 per share. BGCP’s profit will be $107.58M for 11.58 P/E if the $0.30 EPS becomes a reality. After $0.35 actual EPS reported by BGC Partners, Inc. for the previous quarter, Wall Street now forecasts -14.29 % negative EPS growth.

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