Highstreet Asset Management Has Cut Molson Coors Brewing Co. (TAP) Position by $637,816; Entercom Communications (ETM) Holder Venator Capital Management LTD Decreased Holding by $374,668 as Shares Declined

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Highstreet Asset Management Inc decreased its stake in Molson Coors Brewing Co. (TAP) by 62.8% based on its latest 2018Q3 regulatory filing with the SEC. Highstreet Asset Management Inc sold 10,456 shares as the company’s stock declined 3.07% with the market. The institutional investor held 6,195 shares of the beverages (production and distribution) company at the end of 2018Q3, valued at $381,000, down from 16,651 at the end of the previous reported quarter. Highstreet Asset Management Inc who had been investing in Molson Coors Brewing Co. for a number of months, seems to be less bullish one the $12.89 billion market cap company. The stock increased 0.84% or $0.5 during the last trading session, reaching $59.69. About 3.32 million shares traded or 79.39% up from the average. Molson Coors Brewing Company (NYSE:TAP) has declined 21.53% since February 13, 2018 and is downtrending. It has underperformed by 21.53% the S&P500.

Venator Capital Management Ltd decreased its stake in Entercom Communications Corp (ETM) by 5.75% based on its latest 2018Q3 regulatory filing with the SEC. Venator Capital Management Ltd sold 53,524 shares as the company’s stock declined 13.15% with the market. The institutional investor held 877,065 shares of the broadcasting company at the end of 2018Q3, valued at $6.93 million, down from 930,589 at the end of the previous reported quarter. Venator Capital Management Ltd who had been investing in Entercom Communications Corp for a number of months, seems to be less bullish one the $1.04B market cap company. The stock increased 3.25% or $0.23 during the last trading session, reaching $7.3. About 465,669 shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 42.23% since February 13, 2018 and is downtrending. It has underperformed by 42.23% the S&P500. Some Historical ETM News: 08/03/2018 – Entercom 4Q Net $232.4M; 03/05/2018 – United States Traffic Network Signs New Agreement with Entercom Communications Corp; 08/05/2018 – ENTERCOM COMMUNICATIONS CORP – ANNOUNCED LAUNCH OF ENTERCOM AUDIO NETWORK; 08/03/2018 – Entercom 4Q EPS $2.62; 08/05/2018 – Entercom 1Q Loss/Shr 10c; 23/04/2018 – DJ Entercom Communications Corp Class, Inst Holders, 1Q 2018 (ETM); 08/03/2018 – ENTERCOM COMMUNICATIONS CORP QTRLY ADJ SHR $0.16; 26/04/2018 – NBC 5 Dallas-Fort Worth, Telemundo 39 And Entercom Announce Multi-Year Media Partnership; 16/03/2018 – E.W. Scripps activist campaign could add independent pressure on family –; 21/05/2018 – Entercom Communications Corp. Announces Quarterly Dividend

More notable recent Molson Coors Brewing Company (NYSE:TAP) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For February 13, 2019 – Benzinga” on February 13, 2019, also Benzinga.com with their article: “Battle Lines Drawn Over Corn In Beer After Super Bowl Ads (NYSE:BUD)(NYSE:TAP) – Benzinga” published on February 04, 2019, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: Activision, Biogen, Deere, DocuSign, Ford, Freeport-McMoRan, GM, Lattice Semi, Qualys, Shopify, Under Armour and More – 24/7 Wall St.” on February 13, 2019. More interesting news about Molson Coors Brewing Company (NYSE:TAP) were released by: Prnewswire.com and their article: “Hagens Berman Alerts Molson Coors (TAP) Investors to Investigation of Admitted Improper Accounting and Possible Securities Law Violations – PRNewswire” published on February 13, 2019 as well as Investorplace.com‘s news article titled: “3 Big Stock Charts for Wednesday: A.O. Smith, Home Depot and Molson Coors Brewing – Investorplace.com” with publication date: January 30, 2019.

Investors sentiment increased to 1.49 in Q3 2018. Its up 0.26, from 1.23 in 2018Q2. It is positive, as 42 investors sold TAP shares while 129 reduced holdings. 86 funds opened positions while 169 raised stakes. 154.13 million shares or 9.03% more from 141.37 million shares in 2018Q2 were reported. Stephens Ar holds 49,256 shares or 0.08% of its portfolio. Newman Dignan And Sheerar Inc holds 0.01% of its portfolio in Molson Coors Brewing Company (NYSE:TAP) for 5,025 shares. 31,835 were reported by Cibc Markets Inc. Arga Inv Mgmt Lp holds 0.2% of its portfolio in Molson Coors Brewing Company (NYSE:TAP) for 23,675 shares. Andra Ap has 0.23% invested in Molson Coors Brewing Company (NYSE:TAP) for 142,900 shares. Toronto Dominion Natl Bank holds 0.03% or 264,973 shares. 66,356 are held by Pub Employees Retirement Sys Of Ohio. Balyasny Asset Mngmt Limited Liability Corporation has invested 0% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). Livforsakringsbolaget Skandia Omsesidigt invested in 1,642 shares. Delta Asset Limited Tn reported 0.03% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). Teachers Retirement Systems Of The State Of Kentucky accumulated 18,250 shares or 0.01% of the stock. Cambiar Limited Liability Co has invested 0.66% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). Hightower Advisors Ltd Co, Illinois-based fund reported 35,444 shares. Eqis Cap Mgmt has 26,485 shares for 0.11% of their portfolio. Moreover, Amalgamated Commercial Bank has 0.03% invested in Molson Coors Brewing Company (NYSE:TAP).

Since September 4, 2018, it had 0 insider purchases, and 4 selling transactions for $667,546 activity.

Among 19 analysts covering Molson Coors Brewing Company (NYSE:TAP), 9 have Buy rating, 1 Sell and 9 Hold. Therefore 47% are positive. Molson Coors Brewing Company had 68 analyst reports since August 7, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of TAP in report on Tuesday, December 20 with “Buy” rating. Citigroup maintained it with “Buy” rating and $102 target in Friday, November 3 report. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, April 18. Credit Suisse maintained it with “Neutral” rating and $92 target in Friday, September 29 report. The stock has “Buy” rating by BMO Capital Markets on Monday, February 5. Bryan Garnier & Cie upgraded Molson Coors Brewing Company (NYSE:TAP) on Friday, July 8 to “Buy” rating. As per Monday, August 27, the company rating was maintained by Citigroup. The rating was downgraded by Goldman Sachs to “Hold” on Tuesday, April 17. The firm has “Buy” rating given on Thursday, May 3 by Deutsche Bank. As per Thursday, August 2, the company rating was maintained by Morgan Stanley.

Highstreet Asset Management Inc, which manages about $1.80 billion US Long portfolio, upped its stake in Dte Energy Co. (NYSE:DTE) by 9,558 shares to 22,248 shares, valued at $2.43 million in 2018Q3, according to the filing. It also increased its holding in Alphabet Inc. by 376 shares in the quarter, for a total of 4,024 shares, and has risen its stake in Blackrock Inc. (NYSE:BLK).

Venator Capital Management Ltd, which manages about $199.53M US Long portfolio, upped its stake in Upland Software Inc by 18,665 shares to 99,559 shares, valued at $3.22 million in 2018Q3, according to the filing. It also increased its holding in Bluelinx Hldgs Inc by 46,382 shares in the quarter, for a total of 208,755 shares, and has risen its stake in Lovesac Company.

More notable recent Entercom Communications Corp. (NYSE:ETM) news were published by: Seekingalpha.com which released: “Entercom Update: Strong Free Cash Flow, Attractive Valuation – Seeking Alpha” on December 02, 2018, also Seekingalpha.com with their article: “Stocks To Watch: Tencent Music, Starbucks And Under Armour In Focus – Seeking Alpha” published on December 08, 2018, Seekingalpha.com published: “Entercom Communications Is A Buy – Seeking Alpha” on June 12, 2018. More interesting news about Entercom Communications Corp. (NYSE:ETM) were released by: Seekingalpha.com and their article: “Entercom Has 2X+ Potential But Investing Requires A Leap Of Faith – Seeking Alpha” published on July 12, 2018 as well as Seekingalpha.com‘s news article titled: “Entercom Q2 Results Confirm That The CBS Merger Was Indeed A Good Move For The Company And The Future Seems Bright – Seeking Alpha” with publication date: August 09, 2018.

Since November 7, 2018, it had 8 buys, and 0 sales for $9.41 million activity.

Among 4 analysts covering Entercom Communications (NYSE:ETM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Entercom Communications had 7 analyst reports since August 18, 2015 according to SRatingsIntel. Stephens initiated it with “Equal-Weight” rating and $12 target in Friday, December 11 report. As per Monday, July 24, the company rating was maintained by Noble Financial. The company was upgraded on Tuesday, August 18 by Wells Fargo. Noble Financial maintained Entercom Communications Corp. (NYSE:ETM) on Monday, July 31 with “Buy” rating. The company was maintained on Monday, November 27 by Noble Financial.

Investors sentiment decreased to 1.06 in Q3 2018. Its down 0.14, from 1.2 in 2018Q2. It is negative, as 13 investors sold ETM shares while 49 reduced holdings. 26 funds opened positions while 40 raised stakes. 117.35 million shares or 1.12% more from 116.05 million shares in 2018Q2 were reported. Geode Cap Mgmt Limited Liability Corporation stated it has 0% of its portfolio in Entercom Communications Corp. (NYSE:ETM). Zurcher Kantonalbank (Zurich Cantonalbank) owns 7,655 shares for 0% of their portfolio. Jbf reported 14,000 shares. Parallax Volatility Advisers Limited Partnership reported 25,331 shares. Supplemental Annuity Collective Trust Of Nj accumulated 10,000 shares. Nj State Employees Deferred Compensation Plan, a New Jersey-based fund reported 100,000 shares. The Massachusetts-based Rhumbline Advisers has invested 0% in Entercom Communications Corp. (NYSE:ETM). Point72 Asset Limited Partnership reported 2.30 million shares or 0.07% of all its holdings. Ubs Asset Americas Inc has invested 0% in Entercom Communications Corp. (NYSE:ETM). Jump Trading Limited Liability holds 0% or 10,536 shares. Moreover, Manufacturers Life The has 0% invested in Entercom Communications Corp. (NYSE:ETM) for 81,957 shares. Walleye Trading Ltd Liability Corporation holds 19,524 shares. First Personal Financial holds 684 shares or 0% of its portfolio. First Manhattan Communications invested in 0% or 3,433 shares. Credit Suisse Ag holds 0% or 38,714 shares in its portfolio.

Molson Coors Brewing Company (NYSE:TAP) Institutional Positions Chart