Levin Capital Strategies LP Lowered Its Covanta Hldg (CVA) Holding by $15.93 Million as Valuation Declined; Bank Of Hawaii Boosted Its Live Nation Entertainment (LYV) Holding by $338,310; Market Valuation Rose

Covanta Holding Corporation (NYSE:CVA) Logo

Levin Capital Strategies Lp decreased its stake in Covanta Hldg Corp (CVA) by 29.59% based on its latest 2018Q3 regulatory filing with the SEC. Levin Capital Strategies Lp sold 995,568 shares as the company’s stock declined 11.68% with the market. The hedge fund held 2.37 million shares of the central company at the end of 2018Q3, valued at $38.50M, down from 3.36M at the end of the previous reported quarter. Levin Capital Strategies Lp who had been investing in Covanta Hldg Corp for a number of months, seems to be less bullish one the $1.94 billion market cap company. The stock increased 1.52% or $0.22 during the last trading session, reaching $14.99. About 569,260 shares traded. Covanta Holding Corporation (NYSE:CVA) has risen 4.03% since January 10, 2018 and is uptrending. It has outperformed by 4.03% the S&P500. Some Historical CVA News: 17/05/2018 – Covanta Holding Presenting at Conference Jun 13; 10/05/2018 – Covanta and Partners Collect Nearly Four Tons of E-Waste at Annual Event in Newark; 26/04/2018 – COVANTA HOLDING AFFIRMS 2018 GUIDANCE; 15/03/2018 – COVANTA HOLDING CORP CVA.N : CREDIT SUISSE ASSUMES COVERAGE WITH NEUTRAL RATING AND TARGET PRICE OF $16; 26/04/2018 – COVANTA HOLDING 1Q OPER REV. $458M, EST. $431.3M; 26/04/2018 – Covanta Holding 1Q EPS $1.53; 26/04/2018 – COVANTA HOLDING 1Q ADJ LOSS/SHR 9C, EST. LOSS/SHR 23C; 23/05/2018 – Covanta CEO Stephen Jones to Speak at 7th Annual World Waste to Energy and Resources Summit in London; 26/04/2018 – COVANTA HOLDING CORP CVA.N – QTRLY REVENUE $458 MLN VS $404 MLN LAST YEAR; 26/04/2018 – COVANTA HOLDING CORP CVA.N – QTRLY SHR LOSS $0.41

Bank Of Hawaii increased its stake in Live Nation Entertainment Inc (LYV) by 91.26% based on its latest 2018Q3 regulatory filing with the SEC. Bank Of Hawaii bought 6,265 shares as the company’s stock rose 8.05% while stock markets declined. The institutional investor held 13,130 shares of the consumer services company at the end of 2018Q3, valued at $715,000, up from 6,865 at the end of the previous reported quarter. Bank Of Hawaii who had been investing in Live Nation Entertainment Inc for a number of months, seems to be bullish on the $11.12 billion market cap company. The stock increased 0.64% or $0.34 during the last trading session, reaching $53.08. About 519,660 shares traded. Live Nation Entertainment, Inc. (NYSE:LYV) has risen 24.66% since January 10, 2018 and is uptrending. It has outperformed by 24.66% the S&P500. Some Historical LYV News: 23/04/2018 – Janelle Monáe Announces Long Awaited Return To The Road With ‘Dirty Computer Tour’ Featuring Special Guest St. Beauty; 02/05/2018 – LIVE NATION BUYS LEGENDARY ROCK IN RIO, ONE OF WORLD’S LARGEST,; 15/03/2018 – Moody’s: Stable Ratings Outlook Was Maintained for Live Nation; 02/04/2018 – Stone Temple Pilots, Bush, The Cult Announce Tri-Headlining ‘Revolution 3’ Tour; 17/05/2018 – ChicagoBreaking: Live Nation to help develop Lincoln Yards entertainment district on North Side; 15/03/2018 – Moody’s Rates Live Nation’s Notes B1, Affirms Ba3 Stable Cfr; 14/05/2018 – Platinum Selling Artist Drake Announces ‘Aubrey And The Three Amigos Tour’ Kicking Off This Summer With Special Guests Migos; 19/04/2018 – Live Nation Presenting at JPMorgan Conference May 16; 03/05/2018 – LIVE NATION ENTERTAINMENT INC – QTRLY SHR LOSS $0.24; 15/03/2018 – Live Nation Entertainment Announces Launch Of Private Notes Offerings

Analysts await Covanta Holding Corporation (NYSE:CVA) to report earnings on February, 28. They expect $0.10 earnings per share, up 11.11% or $0.01 from last year’s $0.09 per share. CVA’s profit will be $12.96 million for 37.48 P/E if the $0.10 EPS becomes a reality. After $-0.04 actual earnings per share reported by Covanta Holding Corporation for the previous quarter, Wall Street now forecasts -350.00% EPS growth.

Among 13 analysts covering Covanta (NYSE:CVA), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Covanta had 57 analyst reports since October 8, 2015 according to SRatingsIntel. The company was maintained on Thursday, April 28 by Imperial Capital. The stock of Covanta Holding Corporation (NYSE:CVA) has “Overweight” rating given on Wednesday, July 12 by Barclays Capital. As per Thursday, January 19, the company rating was downgraded by Barclays Capital. BMO Capital Markets maintained the shares of CVA in report on Monday, July 30 with “Outperform” rating. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, November 19 report. Stifel Nicolaus maintained Covanta Holding Corporation (NYSE:CVA) rating on Thursday, July 6. Stifel Nicolaus has “Hold” rating and $15.5000 target. Oppenheimer maintained the stock with “Buy” rating in Tuesday, April 17 report. On Monday, July 30 the stock rating was maintained by Raymond James with “Strong Buy”. The stock of Covanta Holding Corporation (NYSE:CVA) has “Overweight” rating given on Monday, November 7 by Barclays Capital. The stock of Covanta Holding Corporation (NYSE:CVA) has “Buy” rating given on Monday, July 31 by Stifel Nicolaus.

Levin Capital Strategies Lp, which manages about $8.28 billion and $5.81 billion US Long portfolio, upped its stake in Juniper Networks Inc (NYSE:JNPR) by 28,685 shares to 81,878 shares, valued at $2.45 million in 2018Q3, according to the filing. It also increased its holding in Goodyear Tire & Rubr Co (NASDAQ:GT) by 882,814 shares in the quarter, for a total of 4.64 million shares, and has risen its stake in Bank Amer Corp (NYSE:BAC).

More notable recent Covanta Holding Corporation (NYSE:CVA) news were published by: Investorplace.com which released: “The 5 Best Dividend Stocks for Income – Investorplace.com” on June 22, 2018, also Seekingalpha.com with their article: “Key Takeaways From Covanta’s Earnings Call – Seeking Alpha” published on April 30, 2018, Seekingalpha.com published: “Babcock & Wilcox -12% after Q2 results, withdraws financial guidance – Seeking Alpha” on August 09, 2018. More interesting news about Covanta Holding Corporation (NYSE:CVA) were released by: Prnewswire.com and their article: “Covanta and Green Investment Group to Break Ground on First UK Energy-from-Waste Project in Joint Development Pipeline – PRNewswire” published on December 18, 2018 as well as Seekingalpha.com‘s news article titled: “Covanta Holding Corporation (CVA) CEO Steve Jones on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: October 26, 2018.

Since August 15, 2018, it had 0 insider buys, and 10 insider sales for $30.55 million activity. Rowles Michael sold $1.41 million worth of stock. Rapino Michael sold $4.07 million worth of stock or 85,000 shares. Willard Elizabeth Kathleen also sold $1.97M worth of Live Nation Entertainment, Inc. (NYSE:LYV) shares. Shares for $378,480 were sold by ENLOE ROBERT TED III on Thursday, September 13.

More notable recent Live Nation Entertainment, Inc. (NYSE:LYV) news were published by: Seekingalpha.com which released: “Live Nation: Too Expensive – Seeking Alpha” on February 19, 2018, also Streetinsider.com with their article: “Live Nation (LYV) Acquires Majority Stake in DF Entertainment, Argentina’s Leading Concert Promoter – StreetInsider.com” published on December 21, 2018, Seekingalpha.com published: “Live Nation Entertainment (LYV) Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 01, 2018. More interesting news about Live Nation Entertainment, Inc. (NYSE:LYV) were released by: Globenewswire.com and their article: “Detailed Research: Economic Perspectives on MobileIron, ServiceSource International, A10 Networks, FleetCor Technologies, Altice, and Live Nation Entertainment — What Drives Growth in Today’s Competitive Landscape – GlobeNewswire” published on December 20, 2018 as well as Seekingalpha.com‘s news article titled: “Live Nation Entertainment (LYV) Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: July 27, 2018.

Bank Of Hawaii, which manages about $1.30B and $1.30B US Long portfolio, decreased its stake in Union Pacific Corp (NYSE:UNP) by 4,169 shares to 22,514 shares, valued at $3.67 million in 2018Q3, according to the filing. It also reduced its holding in Ishares (EFA) by 5,370 shares in the quarter, leaving it with 48,148 shares, and cut its stake in Ishares (IJR).

Among 14 analysts covering Live Nation (NYSE:LYV), 14 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Live Nation had 32 analyst reports since September 18, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, June 5 by Jefferies. The stock of Live Nation Entertainment, Inc. (NYSE:LYV) earned “Buy” rating by Northcoast on Monday, May 2. The company was maintained on Wednesday, November 21 by Macquarie Research. The stock of Live Nation Entertainment, Inc. (NYSE:LYV) has “Overweight” rating given on Friday, July 27 by JP Morgan. The rating was maintained by JP Morgan on Friday, November 2 with “Overweight”. The firm earned “Buy” rating on Monday, April 3 by Goldman Sachs. The firm has “Neutral” rating by Northcoast given on Monday, June 19. Jefferies maintained Live Nation Entertainment, Inc. (NYSE:LYV) on Monday, September 11 with “Buy” rating. The rating was maintained by Guggenheim with “Buy” on Wednesday, February 28. The company was initiated on Tuesday, March 29 by BTIG Research.

Live Nation Entertainment, Inc. (NYSE:LYV) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.