Big Lots Inc (NYSE:BIG): Negative Stock Sentiment at 0.97

June 29, 2018 - By Lena Young

Big Lots, Inc. (NYSE:BIG) Corporate Logo

Positions for Big Lots Inc (NYSE:BIG)

In Q1 2018 Big Lots Inc (NYSE:BIG) big money sentiment decreased to 0.97, revealed SEC filings. That’s down -0.06, from 2017Q4’s 1.03. 132 investment professionals increased and opened new positions, while 136 sold and reduced stakes in Big Lots Inc so the sentiment is negative. These funds own 49.86 million shares, that’s down from 50.28 million shares in 2017Q4. Funds holding Big Lots Inc in top 10 was flat from 2 to 2 for the same number . In total 33 funds closed positions, 103 reduced and 99 increased. Also 33 funds bought new Big Lots Inc stakes.

Most Big Lots Inc Shareholders

Westport Asset Management Inc owns 195,200 shares in Big Lots Inc as of Q1 2018. As of Q1 2018, 1.41 million shares of Big Lots Inc are owned by Snow Capital Management Lp. Further, Kestrel Investment Management Corp reported 145,200 shares in Big Lots Inc equivalent to 2.38% of its stock exposure. Sasco Capital Inc Ct revealed 1.09 million shares position in Big Lots Inc. The New York-based fund New Amsterdam Partners Llc Ny holds 179,001 shares or 1.7% of their stock exposure.

Big Lots, Inc., through its subsidiaries, operates as a non-traditional, discount retailer in the United States.The company has $1.71 billion market cap. The firm offers products under various merchandising categories, such as food category that includes beverage and grocery, candy and snacks, and specialty foods departments; consumables category, which comprises health and beauty, plastics, paper, chemical, and pet departments; soft home category that consists of home décor, frames, fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments; hard home category, including small appliances, table top, food preparation, stationery, greeting cards, and home maintenance departments; and furniture category consisting of upholstery, mattress, ready-to-assemble, and case goods departments.The P/E ratio is 10.69. It also provides merchandise under the seasonal category that includes lawn and garden, summer, Christmas, and other holiday departments; and electronics, toys, and accessories category, including electronics, jewelry, hosiery, toys, and infant accessories departments.

The stock increased 1.10% or $0.46 during the last trading session, touching $42.46.Big Lots, Inc. has volume of 300,975 shares. Since June 29, 2017 BIG has declined 13.64% and is downtrending. BIG underperformed by 26.21% the S&P500.

Big Lots, Inc. (NYSE:BIG) is expected to reveal earnings on August, 24., as reported by Faxor. Analysts predict 5.97 % diference or $0.63 from the $0.67 EPS from 2017. In case of $0.63 EPS BIG’s profit could reach $25.42 million. Analysts at Wall Street see Big Lots, Inc.’s -33.68 % negative EPS growth compared to $0.95 EPS for last quarter.

Dimensional Fund Advsr Limited Partnership, Texas-based fund reported 1.46M shs. Gemmer Asset Management Ltd Com stated it has 153 shs. Deutsche Fincl Bank Ag reported 0.02% in Big Lots, Inc. (NYSE:BIG). Bb&T has invested 0.02% in Big Lots, Inc. (NYSE:BIG). Dekabank Deutsche Girozentrale, a Germany-based fund reported 13,239 shs. Robeco Institutional Asset Management Bv stated it has 29,015 shs or 0.01% of all its holdings. Credit Suisse Ag stated it has 54,471 shs. Stephens Ar, a Arkansas-based fund reported 30,058 shs. California Public Employees Retirement Sys owns 0.01% invested in Big Lots, Inc. (NYSE:BIG) for 181,972 shs. Huntington Fincl Bank stated it has 2,415 shs or 0% of all its holdings. Teachers Retirement Sys Of The State Of Kentucky owns 10,087 shs for 0.01% of their capital. New Amsterdam Lc New York reported 179,001 shs stake. Bnp Paribas Arbitrage Sa holds 55,507 shs or 0% of its capital. The Colorado-based Alps Advsrs has invested 0% in Big Lots, Inc. (NYSE:BIG). Wells Fargo & Communication Mn holds 2.47 million shs or 0.03% of its capital.

Big Lots, Inc. had 3 sales and 0 insider purchases since January 4, 2018. This’s net activity of $2.35 million. On Friday, January 5 Berger Jeffrey Paul sold $348,000 worth of Big Lots, Inc. (NYSE:BIG). CAMPISI DAVID J had sold 20,657 shs worth $903,341.

Big Lots, Inc. (NYSE:BIG) Ratings Coverage

In total 12 analysts cover Big Lots (NYSE:BIG). “Buy” rating has 6, “Sell” are 0, while 6 are “Hold”. 50% are bullish. 15 are the (NYSE:BIG)’s analyst reports since January 10, 2018 according to StockzIntelligence Inc. On Tuesday, May 22 the company was maintained by JP Morgan. In Monday, June 4 report Morgan Stanley maintained the stock with “Overweight” rating. In Monday, April 16 report Raymond James downgraded the stock to “Outperform” rating. On Monday, March 12 the rating was maintained by KeyBanc Capital Markets with “Overweight”. In Monday, June 4 report JP Morgan maintained the stock with “Neutral” rating. The stock rating was maintained by Deutsche Bank with “Buy” on Thursday, May 24. On Wednesday, January 10 the stock of Big Lots, Inc. (NYSE:BIG) has “Hold” rating given by Oppenheimer. On Tuesday, March 13 the rating was maintained by Citigroup with “Neutral”. On Monday, March 12 the stock of Big Lots, Inc. (NYSE:BIG) has “Overweight” rating given by Morgan Stanley. The stock rating was downgraded by Loop Capital Markets to “Hold” on Monday, June 4.

For more Big Lots, Inc. (NYSE:BIG) news announced briefly go to: Seekingalpha.com, Gurufocus.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Big Lots Looks Cheap But It Isn’t” announced on June 07, 2018, “Value Screeners Identify Good Opportunities for 2nd Half of 2018” on June 27, 2018, “Big Lots announces accelerated share repurchase” with a publish date: June 06, 2018, “Big Lots: Setting Up For A Bounce” and the last “BIG Lots down on earnings miss” with publication date: June 01, 2018.

Big Lots, Inc. (NYSE:BIG) Institutional Investors Chart

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