BGC Partners Inc Stock [FallsFell] as Big Money Exit, Sentiment at 1.02

November 10, 2018 - By Ash Bar

BGC Partners, Inc. (NASDAQ:BGCP) Corporate Logo

“Big money” Positions

In Q2 2018 BGC Partners Inc (NASDAQ:BGCP) big money sentiment decreased to 1.02, according to Securities and Exchange Commission filings. That’s down -0.53, from 2018Q1’s 1.55. 121 active investment managers increased or opened new positions, while 119 sold and reduced their stakes in BGC Partners Inc so the sentiment has worsened. These funds own 159.44 million shares, that’s up from 148.89 million shares in 2018Q1. Funds holding BGC Partners Inc in top 10 increased from 1 to 2 for an increase of 1. In total 49 funds closed positions, 70 reduced and 84 increased. Also 37 funds bought new BGC Partners Inc stakes.

Most BGC Partners Inc Investors

As of Q2 2018 Doheny Asset Management Ca has 4.97% invested in BGC Partners Inc. BGC Partners Inc’s shareholder Cardinal Capital Management Llc Ct owns 7.40 million shares as of Q2 2018. Furthermore, Philadelphia Financial Management Of San Francisco Llc reported 1.35 million shares in BGC Partners Inc equivalent to 2.47% of its portfolio. Shikiar Asset Management Inc revealed 515,050 shares position in BGC Partners Inc. The New York-based fund Bluemar Capital Management Llc looks positive on BGC Partners Inc, having 379,303 shares.

BGC Partners, Inc. operates as a brokerage firm servicing the financial and real estate markets worldwide.The company has $4.20 billion market cap. It operates in two divisions, Financial Services and Real Estate Services.The P/E ratio is 68.33. The Financial Services segment provides brokerage services for fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products.

Ticker’s shares touched $11.07 during the last trading session after 2.89% change.BGC Partners, Inc. has volume of 1.70 million shares. Since November 10, 2017 BGCP has declined 11.32% and is downtrending. The stock underperformed the S&P500 by 26.94%.

133,000 are held by Park Circle. 429,690 are owned by California State Teachers Retirement Sys. Ohio-based Keybank Natl Association Oh has invested 0% in BGC Partners, Inc. (NASDAQ:BGCP). Bailard reported 0.02% stake. Tourbillon Cap Ptnrs Limited Partnership holds 1.37% in BGC Partners, Inc. (NASDAQ:BGCP) or 3.13 million shs. Dekabank Deutsche Girozentrale holds 22,949 shs or 0% of its capital. The Massachusetts-based Boston Partners has invested 0% in BGC Partners, Inc. (NASDAQ:BGCP). Putnam Ltd Liability Corporation holds 343,141 shs or 0.01% of its capital. Raymond James & Associates holds 0.11% of its capital in BGC Partners, Inc. (NASDAQ:BGCP) for 5.58 million shs. 13,000 were accumulated by Regent Inv Mgmt Ltd Liability Corp. Goldman Sachs Grp Incorporated invested in 0.02% or 5.30 million shs. Bryn Mawr Tru accumulated 16,100 shs or 0.01% of the stock. Mycio Wealth Partners Ltd Co has invested 0.01% in BGC Partners, Inc. (NASDAQ:BGCP). Natixis accumulated 0.01% or 206,042 shs. Lpl Finance Limited Com reported 0% of its capital in BGC Partners, Inc. (NASDAQ:BGCP).

Another two news for BGC Partners, Inc. (NASDAQ:BGCP) were briefly published by: Nasdaq.com on November 08, 2018 with title “Report: Exploring Fundamental Drivers Behind Haverty Furniture Companies, BGC Partners, International Paper …”. The other Seekingalpha.com‘s article was titled “BGC Partners, Inc. (BGCP) CEO Howard Lutnick on Q3 2018 Results – Earnings Call Transcript” and published on October 25, 2018.

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