Anne Jacobsen just Sold 1,000 shares of Hooker Furniture (HOFT), be careful if you are long!; 3G Capital Partners LP Boosted Its Reliance Steel & Aluminum Co (RS) Position

Hooker Furniture Corporation (NASDAQ:HOFT) Logo

3G Capital Partners Lp increased Reliance Steel & Aluminum Co (RS) stake by 203.53% reported in 2018Q1 SEC filing. 3G Capital Partners Lp acquired 610,593 shares as Reliance Steel & Aluminum Co (RS)’s stock declined 0.45%. The 3G Capital Partners Lp holds 910,593 shares with $78.07 million value, up from 300,000 last quarter. Reliance Steel & Aluminum Co now has $6.88 billion valuation. The stock increased 0.04% or $0.04 during the last trading session, reaching $95.09. About 233,434 shares traded. Reliance Steel & Aluminum Co. (NYSE:RS) has risen 26.96% since June 13, 2017 and is uptrending. It has outperformed by 14.39% the S&P500. Some Historical RS News: ; 04/05/2018 – Report: Exploring Fundamental Drivers Behind Reliance Steel & Aluminum, Goldman Sachs BDC, IBERIABANK, Federal Signal, United T; 26/04/2018 – Reliance Steel Sees 2Q EPS $2.60-EPS $2.70; 16/03/2018 – Reliance Steel May Face Pressure, Industry Slowest in 16 Months; 26/04/2018 – Reliance Steel 1Q Net $169M; 17/04/2018 – DEEP ECO: Reliance Steel May Face Pressure, Iron and Steel Down; 26/04/2018 – RELIANCE STEEL & ALUMINUM – MAINTAINS POSITIVE OUTLOOK FOR AEROSPACE AS BUILD RATES AND BACKLOG FOR ORDERS OF COMMERCIAL PLANES CONTINUES TO IMPROVE; 26/04/2018 – Reliance Steel 1Q EPS $2.30; 19/04/2018 – DJ Reliance Steel & Aluminum Co, Inst Holders, 1Q 2018 (RS); 05/03/2018 AA, RS, $MT.NL and 2 more: JUST IN: Republican leaders say they aren’t ruling out action in response to the threatened Trump tariffs on steel and aluminum. – ! $MT.NL $AA $RS $X $AKS; 26/04/2018 – RELIANCE STEEL & ALUMINUM CO – “AEROSPACE DEMAND REMAINS STRONG, AND CONTINUES TO BE ONE OF COMPANY’S TOP-PERFORMING END MARKETS”

More news for Reliance Steel & Aluminum Co. (NYSE:RS) were recently published by: 247Wallst.com, which released: “If Tariffs Are So Bad Why Are Steel Stocks Still Red Hot?” on June 12, 2018. Globenewswire.com‘s article titled: “Reliance Steel & Aluminum Co. to Present at Deutsche Bank’s 9th Annual Global Industrials and Materials Summit” and published on June 01, 2018 is yet another important article.

Since February 20, 2018, it had 0 insider buys, and 10 insider sales for $8.21 million activity. The insider MOLLINS GREGG J sold 30,332 shares worth $2.82M. 12,645 shares were sold by Koch Stephen Paul, worth $1.21M on Friday, May 18. On Wednesday, February 28 the insider GIMBEL THOMAS W sold $553,860. Shares for $185,400 were sold by Sharkey Andrew G III. Shanley Michael Patrick had sold 4,069 shares worth $392,659. The insider KAMINSKI MARK V sold 8,200 shares worth $786,216. The insider HAYES DOUGLAS M sold $561,480.

Among 10 analysts covering Reliance Steel (NYSE:RS), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Reliance Steel had 40 analyst reports since September 8, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Reliance Steel & Aluminum Co. (NYSE:RS) rating on Monday, September 18. KeyBanc Capital Markets has “Buy” rating and $80.0 target. Jefferies maintained Reliance Steel & Aluminum Co. (NYSE:RS) on Tuesday, May 30 with “Hold” rating. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) has “Overweight” rating given on Monday, January 9 by KeyBanc Capital Markets. On Tuesday, September 8 the stock rating was upgraded by Bank of America to “Buy”. On Thursday, July 27 the stock rating was maintained by Cowen & Co with “Buy”. The company was downgraded on Monday, March 21 by Jefferies. Cowen & Co maintained Reliance Steel & Aluminum Co. (NYSE:RS) on Friday, July 22 with “Outperform” rating. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) earned “Buy” rating by Bank of America on Monday, January 8. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) has “Buy” rating given on Wednesday, September 16 by Jefferies. The firm has “Buy” rating by KeyBanc Capital Markets given on Wednesday, January 10.

Investors sentiment decreased to 1.04 in 2018 Q1. Its down 0.03, from 1.07 in 2017Q4. It turned negative, as 23 investors sold RS shares while 111 reduced holdings. 49 funds opened positions while 91 raised stakes. 57.31 million shares or 2.17% less from 58.59 million shares in 2017Q4 were reported. King Luther Management Corp has invested 0.12% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). Gsa Capital Prtn Limited Liability Partnership holds 0.11% or 23,707 shares. Acadian Asset Management Limited Liability holds 0.53% in Reliance Steel & Aluminum Co. (NYSE:RS) or 1.44 million shares. 112,242 were accumulated by Macquarie Group. Millennium Management Lc holds 173,171 shares. Adams Natural Res Fund accumulated 34,100 shares. Alps owns 8,109 shares. Two Sigma Secs Limited Liability accumulated 0% or 2,423 shares. Eaton Vance holds 0.02% in Reliance Steel & Aluminum Co. (NYSE:RS) or 112,910 shares. Teacher Retirement Systems Of Texas holds 0.01% or 16,173 shares. 3G Ptnrs Ltd Partnership reported 910,593 shares. Sei stated it has 0.01% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). 136 are owned by Tci Wealth Advsr Inc. Cipher Capital LP has invested 0.16% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). Commonwealth Savings Bank Of Aus owns 31,845 shares or 0.03% of their US portfolio.

Mr. Anne Jacobsen, the crucial Senior Vice President at Hooker Furniture Corp has not a long ago been linked with a transaction of 1,000 shares of the Pinksheet-listed company, valued at $47.8 per share. The amount of the transaction was of $47,750 U.S Dollars. Anne Jacobsen now has 5,317 shares of the Firm.

Hooker Furniture Corporation, together with its subsidiaries, operates as a home furnishings marketing, design, and logistics firm worldwide. The company has market cap of $566.64 million. The firm designs, makes, imports, and markets residential household furniture products. It has a 19.75 P/E ratio. It operates through four divisions: Hooker Casegoods, Upholstery, Home Meridian, and All Other.

The stock increased 0.10% or $0.05 during the last trading session, reaching $48.2. About 7,847 shares traded. Hooker Furniture Corporation (NASDAQ:HOFT) has declined 7.77% since June 13, 2017 and is downtrending. It has underperformed by 20.34% the S&P500. Some Historical HOFT News: ; 05/04/2018 – Hooker Furniture Closes Above 50-Day Moving Average: Technicals; 07/05/2018 – Hooker Furniture: Lee Boone, Douglas Townsend Named Co-Presidents of Home Merdian; 19/03/2018 – Hooker Furniture Closes Below 50-Day Moving Average: Technicals; 05/04/2018 – HOOKER FURNITURE CORP – “BUSINESS DURING PRESIDENT’S DAY PROMOTIONS AT RETAIL WAS VERY GOOD FOR MOST RETAILERS AND FOR US”; 07/05/2018 – George Revington to Retire from Posts at Hooker Furniture, HMI; 05/04/2018 – Hooker Furniture 4Q EPS 75c; 05/03/2018 Hooker Furniture Declares Quarterly Dividend; 06/03/2018 – Chmn Toms Jr Gifts 875 Of Hooker Furniture Corp; 07/05/2018 – Hooker Furniture Chief Operating Officer George Revington to Retire; 22/04/2018 – DJ Hooker Furniture Corporation, Inst Holders, 1Q 2018 (HOFT)

Investors sentiment decreased to 1.25 in 2018 Q1. Its down 0.11, from 1.36 in 2017Q4. It fall, as 15 investors sold Hooker Furniture Corporation shares while 33 reduced holdings. 21 funds opened positions while 39 raised stakes. 10.18 million shares or 0.42% less from 10.22 million shares in 2017Q4 were reported. First Interstate Savings Bank reported 0.07% stake. Bancorp Of America Corporation De has invested 0% in Hooker Furniture Corporation (NASDAQ:HOFT). Moreover, Kennedy Cap Mgmt has 0.12% invested in Hooker Furniture Corporation (NASDAQ:HOFT) for 171,668 shares. Federated Investors Inc Pa invested in 165 shares or 0% of the stock. Bowling Port Limited Liability Corporation has 0.1% invested in Hooker Furniture Corporation (NASDAQ:HOFT). The Connecticut-based Thomson Horstmann Bryant has invested 0.79% in Hooker Furniture Corporation (NASDAQ:HOFT). Great West Life Assurance Can has invested 0% in Hooker Furniture Corporation (NASDAQ:HOFT). The Illinois-based Hightower Advsrs has invested 0.01% in Hooker Furniture Corporation (NASDAQ:HOFT). Prudential stated it has 0% in Hooker Furniture Corporation (NASDAQ:HOFT). 3,607 were accumulated by Metropolitan Life Ins Co. Tiaa Cref Invest Management Lc owns 0% invested in Hooker Furniture Corporation (NASDAQ:HOFT) for 75,727 shares. Swiss Bancorporation holds 0% in Hooker Furniture Corporation (NASDAQ:HOFT) or 19,200 shares. Earnest Prtnrs Limited Co, a Georgia-based fund reported 500 shares. Ubs Asset Americas has invested 0% of its portfolio in Hooker Furniture Corporation (NASDAQ:HOFT). Yorktown Rech Company reported 6,000 shares stake.

More important recent Hooker Furniture Corporation (NASDAQ:HOFT) news were published by: Benzinga.com which released: “45 Biggest Movers From Yesterday” on June 06, 2018, also Globenewswire.com published article titled: “New Research Coverage Highlights FutureFuel, Datawatch, Independence Contract Drilling, Hooker Furniture ..”, Benzinga.com published: “Earnings Scheduled For June 5, 2018” on June 05, 2018. More interesting news about Hooker Furniture Corporation (NASDAQ:HOFT) was released by: Bizjournals.com and their article: “Triad furniture company restructures leadership” with publication date: May 25, 2018.

Hooker Furniture Corporation (NASDAQ:HOFT) Institutional Positions Chart