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Verition Fund Management Lowered Its Expedia Del (EXPE) Holding by $568,711; Shares Rose; Southpoint Capital Advisors LP Decreased Its Synchrony Finl (SYF) Stake by $48.05 Million as Market Value Declined

Verition Fund Management Llc decreased its stake in Expedia Inc Del (EXPE) by 40.55% based on its latest 2017Q3 regulatory filing with the SEC. Verition Fund Management Llc sold 3,977 shares as the company’s stock rose 18.57% with the market. The hedge fund held 5,830 shares of the consumer services company at the end of 2017Q3, valued at $839,000, down from 9,807 at the end of the previous reported quarter. Verition Fund Management Llc who had been investing in Expedia Inc Del for a number of months, seems to be less bullish one the $15.82 billion market cap company. The stock increased 0.31% or $0.32 during the last trading session, reaching $104.17. About 583,914 shares traded. Expedia, Inc. (NASDAQ:EXPE) has risen 30.43% since February 20, 2017 and is uptrending. It has outperformed by 13.73% the S&P500.

Rob Butts decreased its stake in Synchrony Finl (SYF) by 65.96% based on its latest 2017Q3 regulatory filing with the SEC. Southpoint Capital Advisors Lp sold 1.55 million shares as the company’s stock declined 26.83% while stock markets rallied. The hedge fund run by Rob Butts held 800,000 shares of the consumer services company at the end of 2017Q3, valued at $24.84M, down from 2.35 million at the end of the previous reported quarter. Southpoint Capital Advisors Lp who had been investing in Synchrony Finl for a number of months, seems to be less bullish one the $28.23 billion market cap company. The stock decreased 0.25% or $0.09 during the last trading session, reaching $36.64. About 927,416 shares traded. Synchrony Financial (NYSE:SYF) has declined 10.35% since February 20, 2017 and is downtrending. It has underperformed by 27.05% the S&P500.

Southpoint Capital Advisors Lp, which manages about $2.99B and $2.44B US Long portfolio, upped its stake in Sanofi (NYSE:SNY) by 800,000 shares to 2.00 million shares, valued at $99.58M in 2017Q3, according to the filing. It also increased its holding in Basic Energy Svcs Inc New by 40,687 shares in the quarter, for a total of 490,605 shares, and has risen its stake in Cbre Group Inc (NYSE:CBG).

Among 29 analysts covering Synchrony Financial (NYSE:SYF), 22 have Buy rating, 0 Sell and 7 Hold. Therefore 76% are positive. Synchrony Financial had 69 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of Synchrony Financial (NYSE:SYF) earned “Neutral” rating by Macquarie Research on Wednesday, May 11. The rating was upgraded by Bank of America on Thursday, December 15 to “Buy”. Jefferies maintained it with “Buy” rating and $35 target in Wednesday, June 15 report. BTIG Research maintained the stock with “Buy” rating in Monday, July 17 report. On Friday, October 6 the stock rating was maintained by BMO Capital Markets with “Buy”. The rating was upgraded by Sterne Agee CRT to “Buy” on Monday, November 23. The stock of Synchrony Financial (NYSE:SYF) earned “Buy” rating by Jefferies on Monday, September 18. Oppenheimer initiated the stock with “Perform” rating in Tuesday, April 11 report. Keefe Bruyette & Woods maintained Synchrony Financial (NYSE:SYF) on Thursday, December 21 with “Buy” rating. The rating was maintained by Jefferies on Wednesday, January 10 with “Buy”.

Investors sentiment increased to 1.43 in 2017 Q3. Its up 0.14, from 1.29 in 2017Q2. It improved, as 42 investors sold EXPE shares while 152 reduced holdings. 84 funds opened positions while 193 raised stakes. 124.65 million shares or 0.14% more from 124.48 million shares in 2017Q2 were reported. Ig Inv Mngmt, Manitoba – Canada-based fund reported 113,700 shares. Thompson Siegel And Walmsley Ltd Liability Corporation reported 48,985 shares. Symphony Asset Mgmt Lc holds 0.04% of its portfolio in Expedia, Inc. (NASDAQ:EXPE) for 2,571 shares. New York-based Jefferies Grp Limited Liability Company has invested 0.45% in Expedia, Inc. (NASDAQ:EXPE). Moreover, Bp Public Limited Company has 0.07% invested in Expedia, Inc. (NASDAQ:EXPE) for 14,000 shares. Oppenheimer Asset Inc has 301 shares. 4 were reported by Huntington Bank & Trust. 71,335 were reported by Fil Limited. Guardian Life Com Of America reported 271 shares or 0.01% of all its holdings. Telemus Cap Limited Liability Corp holds 0.12% or 5,206 shares. Citadel Advsrs Limited has 0.17% invested in Expedia, Inc. (NASDAQ:EXPE) for 1.51M shares. Js Capital Management Limited Liability holds 13.8% or 210,030 shares in its portfolio. Illinois-based North Star Inv Corp has invested 0% in Expedia, Inc. (NASDAQ:EXPE). Glenmede Trust Na stated it has 479 shares. Hound Partners Ltd Liability Corp invested in 8.48% or 2.48 million shares.

Among 37 analysts covering Expedia Inc. (NASDAQ:EXPE), 27 have Buy rating, 0 Sell and 10 Hold. Therefore 73% are positive. Expedia Inc. had 120 analyst reports since July 24, 2015 according to SRatingsIntel. Miller Tabak initiated the shares of EXPE in report on Wednesday, January 18 with “Buy” rating. Citigroup maintained the shares of EXPE in report on Friday, October 27 with “Buy” rating. The stock of Expedia, Inc. (NASDAQ:EXPE) earned “Buy” rating by Susquehanna on Friday, February 9. The rating was maintained by JP Morgan with “Neutral” on Monday, February 12. Cowen & Co maintained the shares of EXPE in report on Friday, February 9 with “Buy” rating. Cowen & Co maintained Expedia, Inc. (NASDAQ:EXPE) rating on Friday, October 27. Cowen & Co has “Buy” rating and $135.0 target. The stock has “Market Perform” rating by Raymond James on Thursday, May 18. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, February 10 report. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, September 6. Cantor Fitzgerald maintained the stock with “Buy” rating in Thursday, September 17 report.

Verition Fund Management Llc, which manages about $1.22B and $1.24B US Long portfolio, upped its stake in Isis Pharmaceuticals Inc Del (Prn) by 4.70 million shares to 10.20M shares, valued at $10.80M in 2017Q3, according to the filing. It also increased its holding in Ppl Corp (NYSE:PPL) by 67,335 shares in the quarter, for a total of 81,612 shares, and has risen its stake in Signature Bk New York N Y (NASDAQ:SBNY).

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