First Allied Advisory Services Has Trimmed Its Tyson Foods (TSN) Stake; Entercom Communications (ETM) Sentiment Is 1.15

October 13, 2017 - By Richard Conner

Entercom Communications Corp. is a radio broadcasting company. The company has market cap of $469.76 million. The Firm sells advertising time to local, regional and national advertisers and national network advertisers, purchasing spot commercials in varying lengths. It has a 26.99 P/E ratio. It focuses on station-related digital platforms, which allow for audience interaction and participation, and integrated local digital marketing solutions and station events.

First Allied Advisory Services Inc decreased Tyson Foods Inc (TSN) stake by 28.97% reported in 2017Q2 SEC filing. First Allied Advisory Services Inc sold 12,037 shares as Tyson Foods Inc (TSN)’s stock declined 10.27%. The First Allied Advisory Services Inc holds 29,513 shares with $1.86 million value, down from 41,550 last quarter. Tyson Foods Inc now has $25.27 billion valuation. The stock declined 0.65% or $0.46 reaching $70.34 per share. About 629,206 shares traded. Tyson Foods, Inc. (NYSE:TSN) has declined 9.94% since October 13, 2016 and is downtrending. It has underperformed by 26.64% the S&P500.

Venator Capital Management Ltd. holds 9.77% of its portfolio in Entercom Communications Corp. for 892,827 shares. Moab Capital Partners Llc owns 829,015 shares or 2.66% of their US portfolio. Moreover, Weber Alan W has 1.79% invested in the company for 322,406 shares. The New York-based Aristeia Capital Llc has invested 0.64% in the stock. Phocas Financial Corp., a California-based fund reported 556,829 shares.

About 307,580 shares traded. Entercom Communications Corp. (ETM) has declined 15.65% since October 13, 2016 and is downtrending. It has underperformed by 32.35% the S&P500.

Analysts await Entercom Communications Corp. (NYSE:ETM) to report earnings on November, 6. They expect $0.23 earnings per share, down 4.17% or $0.01 from last year’s $0.24 per share. ETM’s profit will be $9.38M for 12.52 P/E if the $0.23 EPS becomes a reality. After $0.22 actual earnings per share reported by Entercom Communications Corp. for the previous quarter, Wall Street now forecasts 4.55% EPS growth.

Since January 1, 0001, it had 6 buys, and 0 insider sales for $5.76 million activity.

First Allied Advisory Services Inc increased Ishares Tr (IWN) stake by 5,485 shares to 22,606 valued at $2.68 million in 2017Q2. It also upped Powershares Etf Tr Ii (SPHD) stake by 260,489 shares and now owns 389,468 shares. Spdr Series Trust was raised too.

Among 13 analysts covering Tyson Foods Inc. (NYSE:TSN), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. Tyson Foods Inc. had 43 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, June 6. The stock of Tyson Foods, Inc. (NYSE:TSN) earned “Outperform” rating by RBC Capital Markets on Friday, October 9. The firm has “Sell” rating by Pivotal Research given on Monday, August 7. RBC Capital Markets maintained Tyson Foods, Inc. (NYSE:TSN) on Tuesday, November 24 with “Outperform” rating. The stock of Tyson Foods, Inc. (NYSE:TSN) has “Outperform” rating given on Tuesday, October 11 by BMO Capital Markets. BMO Capital Markets maintained it with “Buy” rating and $7800 target in Monday, August 7 report. The company was initiated on Thursday, April 21 by Argus Research. Pivotal Research maintained Tyson Foods, Inc. (NYSE:TSN) on Tuesday, July 11 with “Sell” rating. The firm has “Buy” rating given on Wednesday, December 16 by Jefferies. BMO Capital Markets maintained Tyson Foods, Inc. (NYSE:TSN) rating on Wednesday, June 14. BMO Capital Markets has “Buy” rating and $7500 target.

Investors sentiment increased to 1 in Q2 2017. Its up 0.13, from 0.87 in 2017Q1. It is positive, as 58 investors sold TSN shares while 202 reduced holdings. 75 funds opened positions while 184 raised stakes. 251.19 million shares or 0.39% more from 250.21 million shares in 2017Q1 were reported. Invesco Ltd reported 0.05% of its portfolio in Tyson Foods, Inc. (NYSE:TSN). Andra Ap holds 73,900 shares or 0.11% of its portfolio. Natl Bank Of Nova Scotia has invested 0.09% in Tyson Foods, Inc. (NYSE:TSN). Cadence Cap Mgmt Ltd Liability Corporation invested 0.03% of its portfolio in Tyson Foods, Inc. (NYSE:TSN). Suntrust Banks Inc has invested 0.12% in Tyson Foods, Inc. (NYSE:TSN). Swiss Natl Bank owns 1.05M shares or 0.08% of their US portfolio. 53,714 are owned by Ig Invest Mngmt Ltd. Qs Invsts Lc stated it has 0.03% of its portfolio in Tyson Foods, Inc. (NYSE:TSN). Point72 Asset Mngmt Ltd Partnership, a Connecticut-based fund reported 1.18 million shares. Prudential Financial owns 2.82M shares. Credit Agricole S A stated it has 0.1% of its portfolio in Tyson Foods, Inc. (NYSE:TSN). Bokf Na holds 0.33% of its portfolio in Tyson Foods, Inc. (NYSE:TSN) for 165,205 shares. Whittier Tru Communications Of Nevada, a Nevada-based fund reported 7,252 shares. Sterling Capital Mngmt invested in 0.09% or 144,770 shares. Walleye Trading Ltd reported 7,068 shares.

Analysts await Tyson Foods, Inc. (NYSE:TSN) to report earnings on November, 20. They expect $1.22 earnings per share, up 27.08% or $0.26 from last year’s $0.96 per share. TSN’s profit will be $438.29 million for 14.41 P/E if the $1.22 EPS becomes a reality. After $1.28 actual earnings per share reported by Tyson Foods, Inc. for the previous quarter, Wall Street now forecasts -4.69% negative EPS growth.

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