Ferguson Wellman Capital Management Decreased By $10.11 Million Its Amerisourcebergen (ABC) Position; Scripps E W Co (SSP)’s Sentiment Is 1.13

The E. W. Scripps Company, together with its subsidiaries, operates as a media enterprise with a portfolio of television, radio, and digital media brands. The company has market cap of $1.06 billion. It operates through Television, Radio, Digital, and Syndication and Other divisions. It currently has negative earnings. The Television segment operates broadcast television stations, which produces news, information, and entertainment content.

Ferguson Wellman Capital Management Inc decreased Amerisourcebergen (ABC) stake by 49.56% reported in 2017Q3 SEC filing. Ferguson Wellman Capital Management Inc sold 123,325 shares as Amerisourcebergen (ABC)’s stock declined 1.76%. The Ferguson Wellman Capital Management Inc holds 125,525 shares with $10.39 million value, down from 248,850 last quarter. Amerisourcebergen now has $21.22B valuation. The stock decreased 0.77% or $0.75 during the last trading session, reaching $96.61. About 1.60M shares traded. AmerisourceBergen Corporation (NYSE:ABC) has risen 18.80% since March 19, 2017 and is uptrending. It has outperformed by 2.10% the S&P500.

Analysts await AmerisourceBergen Corporation (NYSE:ABC) to report earnings on May, 3. They expect $1.81 EPS, up 2.26% or $0.04 from last year’s $1.77 per share. ABC’s profit will be $397.60 million for 13.34 P/E if the $1.81 EPS becomes a reality. After $1.55 actual EPS reported by AmerisourceBergen Corporation for the previous quarter, Wall Street now forecasts 16.77% EPS growth.

Ferguson Wellman Capital Management Inc increased Becton Dickinson & Co (NYSE:BDX) stake by 52,420 shares to 57,295 valued at $11.23 million in 2017Q3. It also upped Bb&T Corporation (NYSE:BBT) stake by 83,375 shares and now owns 135,789 shares. Amgen (NASDAQ:AMGN) was raised too.

Among 20 analysts covering AmerisourceBergen (NYSE:ABC), 12 have Buy rating, 0 Sell and 8 Hold. Therefore 60% are positive. AmerisourceBergen had 71 analyst reports since July 27, 2015 according to SRatingsIntel. The company was upgraded on Thursday, October 5 by Robert W. Baird. The stock has “Overweight” rating by Morgan Stanley on Thursday, November 10. The stock has “Hold” rating by Jefferies on Tuesday, August 29. UBS maintained it with “Buy” rating and $110 target in Friday, February 5 report. On Friday, November 3 the stock rating was maintained by Needham with “Buy”. The stock of AmerisourceBergen Corporation (NYSE:ABC) has “Mkt Perform” rating given on Friday, May 6 by FBR Capital. The firm earned “Hold” rating on Wednesday, February 7 by Jefferies. Needham maintained the stock with “Buy” rating in Thursday, February 8 report. The stock has “Mkt Perform” rating by FBR Capital on Thursday, February 4. The firm has “Mkt Outperform” rating given on Tuesday, October 4 by Avondale.

Minerva Advisors Llc holds 6.15% of its portfolio in The E.W. Scripps Company for 608,907 shares. Cove Street Capital Llc owns 2.42 million shares or 5.16% of their US portfolio. Moreover, Teton Advisors Inc. has 1.61% invested in the company for 906,048 shares. The Minnesota-based Tealwood Asset Management Inc has invested 1.09% in the stock. Gamco Investors Inc. Et Al, a New York-based fund reported 8.12 million shares.