Lakewood Capital Management LP Upped Its Triple (GTS) Stake; Cheetah Mobile (CMCM) Sellers Increased By 3.06% Their Shorts

December 7, 2017 - By Darrin Black

Cheetah Mobile Incorporated (NYSE:CMCM) had an increase of 3.06% in short interest. CMCM’s SI was 12.59M shares in December as released by FINRA. Its up 3.06% from 12.22 million shares previously. With 1.31M avg volume, 10 days are for Cheetah Mobile Incorporated (NYSE:CMCM)’s short sellers to cover CMCM’s short positions. The stock increased 0.53% or $0.06 during the last trading session, reaching $11.3. About 274,829 shares traded. Cheetah Mobile Inc. (NYSE:CMCM) has declined 7.70% since December 7, 2016 and is downtrending. It has underperformed by 24.40% the S&P500.

Lakewood Capital Management Lp increased Triple (GTS) stake by 9.53% reported in 2017Q2 SEC filing. Lakewood Capital Management Lp acquired 90,775 shares as Triple (GTS)’s stock declined 11.51%. The Lakewood Capital Management Lp holds 1.04 million shares with $17.64 million value, up from 952,458 last quarter. Triple now has $633.50 million valuation. The stock decreased 0.26% or $0.07 during the last trading session, reaching $26.87. About 29,808 shares traded. Triple-S Management Corporation (NYSE:GTS) has declined 25.70% since December 7, 2016 and is downtrending. It has underperformed by 42.40% the S&P500.

Cheetah Mobile Inc. operates a platform that offers mobile and personal computer applications for its users and global content promotional channels. The company has market cap of $1.56 billion. The companyÂ’s suite of utility applications optimizes mobile and PC Internet system performance and provides real time protection against known and unknown security threats. It has a 30.46 P/E ratio. The Company’s mobile and PC applications for users include Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; CM Security, an anti-virus and security application for mobile devices; Battery Doctor, a power optimization tool for mobile devices; Cheetah Browser, a safe Web browser for PCs and mobile devices; CM Browser, a mobile browser; CM Launcher, a secure launcher that offers acceleration, secure protection, and stylish wallpapers, as well as automatically organizes mobile applications based on personal behavior; Photo Grid, a photo collage application that allows users to create professional looking collages of photos through an intuitive interface for mobile devices; CM Locker, a lightweight lock screen; and Duba Anti-virus, an Internet security application for PC and mobile devices.

Among 5 analysts covering Cheetah Mobile Inc (NYSE:CMCM), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Cheetah Mobile Inc had 9 analyst reports since September 14, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 23 by Nomura. The firm has “Neutral” rating given on Friday, May 20 by Macquarie Research. Credit Suisse downgraded Cheetah Mobile Inc. (NYSE:CMCM) on Friday, May 20 to “Underperform” rating. The stock of Cheetah Mobile Inc. (NYSE:CMCM) has “Overweight” rating given on Thursday, March 17 by Morgan Stanley. The rating was downgraded by Credit Suisse on Wednesday, September 30 to “Neutral”. The company was downgraded on Tuesday, April 26 by Morgan Stanley.

Investors sentiment increased to 0.91 in 2017 Q2. Its up 0.03, from 0.88 in 2017Q1. It improved, as 11 investors sold GTS shares while 33 reduced holdings. 14 funds opened positions while 26 raised stakes. 19.49 million shares or 0.40% less from 19.57 million shares in 2017Q1 were reported. Arrowstreet Limited Partnership owns 11,070 shares. Nordea Invest Mngmt accumulated 78,900 shares or 0% of the stock. 137,671 are owned by Bancshares Of Mellon Corporation. Great West Life Assurance Can, a Manitoba – Canada-based fund reported 4,009 shares. Citadel Advsrs Limited Co, a Illinois-based fund reported 101,219 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 1,195 shares. Thrivent Fin For Lutherans has 117,937 shares for 0.01% of their portfolio. Mufg Americas Corporation has 0% invested in Triple-S Management Corporation (NYSE:GTS) for 71 shares. Ameritas Investment Ptnrs Incorporated reported 2,042 shares. Hutchin Hill LP holds 0.01% or 17,100 shares in its portfolio. Fmr Lc accumulated 2.25 million shares. Acadian Asset Management Limited Liability has 526,981 shares. State Common Retirement Fund reported 0% of its portfolio in Triple-S Management Corporation (NYSE:GTS). Pub Employees Retirement Of Ohio owns 7,030 shares. Bnp Paribas Arbitrage invested in 2,108 shares.

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