As Gap INC Del (GPS) Shares Declined, Venator Capital Management LTD Has Decreased by $5.54 Million Its Holding

May 16, 2018 - By Bradley Stiles

The Gap, Inc. (NYSE:GPS) LogoInvestors sentiment increased to 0.98 in 2017 Q4. Its up 0.02, from 0.96 in 2017Q3. It increased, as 37 investors sold GPS shares while 153 reduced holdings. 73 funds opened positions while 113 raised stakes. 208.71 million shares or 2.18% more from 204.26 million shares in 2017Q3 were reported. Riverhead Limited Liability Corp holds 50,326 shares. 1 were reported by Stonehearth Capital Mngmt Llc. Hall Kathryn A accumulated 97.04% or 3.39M shares. Bridgeway Cap Inc invested in 105,000 shares or 0.04% of the stock. Amundi Pioneer Asset Management reported 2.50 million shares stake. Dimensional Fund LP holds 0.04% of its portfolio in The Gap, Inc. (NYSE:GPS) for 3.14M shares. Andra Ap reported 119,900 shares. Parallax Volatility Advisers Limited Partnership invested 0% of its portfolio in The Gap, Inc. (NYSE:GPS). City Holding owns 962 shares. Texas Permanent School Fund holds 0.03% of its portfolio in The Gap, Inc. (NYSE:GPS) for 59,448 shares. Blair William Il invested 0% of its portfolio in The Gap, Inc. (NYSE:GPS). Goldman Sachs Gp has invested 0.03% in The Gap, Inc. (NYSE:GPS). 62,600 are held by Crestpoint Capital Mngmt Lc. Peak6 Invests Limited Partnership invested in 0.01% or 52,245 shares. Raymond James And Assoc invested in 19,214 shares or 0% of the stock.

Since February 1, 2018, it had 1 buy, and 11 sales for $57.85 million activity. Bazzano Dara had sold 4,066 shares worth $138,244. 500,000 shares valued at $16.05 million were sold by FISHER WILLIAM SYDNEY on Wednesday, March 21. 101,820 shares were sold by Kirwan Jeff, worth $3.43M on Monday, March 5. On Thursday, March 8 Syngal Sonia sold $954,780 worth of The Gap, Inc. (NYSE:GPS) or 28,846 shares. 500,000 shares were sold by FISHER JOHN J, worth $17.22 million. FISHER ROBERT J also sold $15.64M worth of The Gap, Inc. (NYSE:GPS) shares.

Venator Capital Management Ltd decreased its stake in Gap Inc Del (GPS) by 58.17% based on its latest 2017Q4 regulatory filing with the SEC. Venator Capital Management Ltd sold 163,000 shares as the company’s stock declined 11.38% with the market. The institutional investor held 117,235 shares of the consumer services company at the end of 2017Q4, valued at $3.99M, down from 280,235 at the end of the previous reported quarter. Venator Capital Management Ltd who had been investing in Gap Inc Del for a number of months, seems to be less bullish one the $12.13 billion market cap company. The stock increased 2.57% or $0.78 during the last trading session, reaching $31.16. About 7.99M shares traded or 75.69% up from the average. The Gap, Inc. (NYSE:GPS) has risen 31.10% since May 16, 2017 and is uptrending. It has outperformed by 19.55% the S&P500.

Analysts await The Gap, Inc. (NYSE:GPS) to report earnings on May, 24 after the close. They expect $0.46 earnings per share, up 27.78 % or $0.10 from last year’s $0.36 per share. GPS’s profit will be $179.08M for 16.93 P/E if the $0.46 EPS becomes a reality. After $0.61 actual earnings per share reported by The Gap, Inc. for the previous quarter, Wall Street now forecasts -24.59 % negative EPS growth.

More news for The Gap, Inc. (NYSE:GPS) were recently published by: Investorplace.com, which released: “Gap Says Sorry for T-Shirt With China Map Mess-Up” on May 15, 2018. Streetinsider.com‘s article titled: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F” and published on May 15, 2018 is yet another important article.

The Gap, Inc. (NYSE:GPS) Ratings Coverage

Among 17 analysts covering The Gap Inc. (NYSE:GPS), 2 have Buy rating, 1 Sell and 14 Hold. Therefore 12% are positive. The Gap Inc. has $48.0 highest and $3 lowest target. $31.44’s average target is 0.90% above currents $31.16 stock price. The Gap Inc. had 33 analyst reports since November 17, 2017 according to SRatingsIntel. Robert W. Baird maintained it with “Hold” rating and $35.0 target in Thursday, December 21 report. The stock of The Gap, Inc. (NYSE:GPS) has “Buy” rating given on Friday, November 17 by Jefferies. The rating was maintained by Cowen & Co on Wednesday, April 18 with “Hold”. The stock has “Neutral” rating by Nomura on Friday, November 17. As per Tuesday, February 20, the company rating was maintained by Jefferies. FBR Capital maintained The Gap, Inc. (NYSE:GPS) rating on Friday, November 17. FBR Capital has “Hold” rating and $25.0 target. Buckingham Research maintained it with “Neutral” rating and $28 target in Friday, November 17 report. The stock of The Gap, Inc. (NYSE:GPS) earned “Buy” rating by Jefferies on Friday, March 2. The firm has “Neutral” rating given on Friday, March 2 by Buckingham Research. RBC Capital Markets maintained it with “Sector Perform” rating and $28 target in Friday, November 17 report.

The Gap, Inc. (NYSE:GPS) Institutional Positions Chart

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