Trending Stock News

Dynamic Capital Management LTD Upped General Mls (GIS) Holding by $799,680; Driehaus Capital Management Has Lowered Its Sina (SINA) Stake by $13.81 Million; Shares Rose

Dynamic Capital Management Ltd increased its stake in General Mls Inc (GIS) by 39.43% based on its latest 2017Q3 regulatory filing with the SEC. Dynamic Capital Management Ltd bought 15,680 shares as the company’s stock declined 5.07% while stock markets rallied. The hedge fund held 55,451 shares of the consumer non-durables company at the end of 2017Q3, valued at $2.87 million, up from 39,771 at the end of the previous reported quarter. Dynamic Capital Management Ltd who had been investing in General Mls Inc for a number of months, seems to be bullish on the $31.27 billion market cap company. The stock increased 0.86% or $0.47 during the last trading session, reaching $54.95. About 3.59 million shares traded. General Mills, Inc. (NYSE:GIS) has declined 10.63% since February 23, 2017 and is downtrending. It has underperformed by 27.33% the S&P500.

Richard Driehaus decreased its stake in Sina Corp (SINA) by 36.6% based on its latest 2017Q3 regulatory filing with the SEC. Driehaus Capital Management Llc sold 121,106 shares as the company’s stock rose 35.03% with the market. The hedge fund run by Richard Driehaus held 209,772 shares of the prepackaged software company at the end of 2017Q3, valued at $24.05 million, down from 330,878 at the end of the previous reported quarter. Driehaus Capital Management Llc who had been investing in Sina Corp for a number of months, seems to be less bullish one the $8.26 billion market cap company. The stock decreased 0.92% or $1.07 during the last trading session, reaching $115.46. About 779,068 shares traded. SINA Corporation (NASDAQ:SINA) has risen 139.34% since February 23, 2017 and is uptrending. It has outperformed by 122.64% the S&P500.

Among 10 analysts covering Sina Corporation (NASDAQ:SINA), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Sina Corporation had 20 analyst reports since August 19, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Wednesday, August 31 by JP Morgan. The company was maintained on Thursday, February 15 by Jefferies. The rating was maintained by Jefferies on Thursday, August 10 with “Buy”. As per Wednesday, September 14, the company rating was maintained by Brean Capital. The rating was maintained by Brean Capital on Thursday, November 19 with “Buy”. As per Friday, August 5, the company rating was initiated by Citigroup. The stock has “Buy” rating by Jefferies on Tuesday, October 17. The stock of SINA Corporation (NASDAQ:SINA) earned “Neutral” rating by Citigroup on Thursday, October 29. Jefferies maintained the shares of SINA in report on Thursday, July 13 with “Buy” rating. The company was downgraded on Monday, November 30 by Goldman Sachs.

Analysts await SINA Corporation (NASDAQ:SINA) to report earnings on May, 15. They expect $0.15 EPS, down 31.82% or $0.07 from last year’s $0.22 per share. SINA’s profit will be $10.73M for 192.43 P/E if the $0.15 EPS becomes a reality. After $0.60 actual EPS reported by SINA Corporation for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth.

Investors sentiment decreased to 1.24 in Q3 2017. Its down 0.41, from 1.65 in 2017Q2. It dropped, as 21 investors sold SINA shares while 68 reduced holdings. 46 funds opened positions while 64 raised stakes. 45.93 million shares or 0.75% more from 45.59 million shares in 2017Q2 were reported. Highbridge Ltd holds 54,444 shares. First Trust LP invested in 40,773 shares or 0.01% of the stock. Hightower Advsr Lc owns 6,364 shares for 0.01% of their portfolio. Los Angeles Cap Mngmt & Equity Research has invested 0.14% in SINA Corporation (NASDAQ:SINA). Morgan Stanley accumulated 443,964 shares. Marshall Wace Llp stated it has 0.19% in SINA Corporation (NASDAQ:SINA). Apg Asset Mgmt Nv stated it has 22,000 shares. Eaton Vance Mgmt has invested 0% in SINA Corporation (NASDAQ:SINA). Bluefin Trading Ltd Liability holds 0.16% or 11,500 shares in its portfolio. Sei Investments Com invested in 70 shares. 120,398 were reported by Pdt Ptnrs Ltd Liability Corporation. Ajo LP owns 3,075 shares. Fosun reported 990,802 shares. Arrowstreet Capital Partnership accumulated 231,825 shares. Wealthtrust accumulated 10 shares.

Driehaus Capital Management Llc, which manages about $12.71B and $2.57 billion US Long portfolio, upped its stake in Varonis Systems Inc (NASDAQ:VRNS) by 61,780 shares to 315,944 shares, valued at $13.24 million in 2017Q3, according to the filing. It also increased its holding in Old Dominion Freight Line (NASDAQ:ODFL) by 6,777 shares in the quarter, for a total of 24,517 shares, and has risen its stake in Blackstone Group Lp/The (NYSE:BX).

Since January 9, 2018, it had 0 insider purchases, and 1 insider sale for $517,458 activity.

Among 23 analysts covering General Mills Inc. (NYSE:GIS), 3 have Buy rating, 4 Sell and 16 Hold. Therefore 13% are positive. General Mills Inc. had 68 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 18 by Stifel Nicolaus. The rating was upgraded by RBC Capital Markets on Tuesday, July 21 to “Outperform”. The firm has “Buy” rating given on Wednesday, February 14 by Jefferies. Societe Generale upgraded General Mills, Inc. (NYSE:GIS) on Wednesday, November 8 to “Hold” rating. RBC Capital Markets maintained General Mills, Inc. (NYSE:GIS) rating on Thursday, September 21. RBC Capital Markets has “Sector Perform” rating and $58 target. As per Friday, June 17, the company rating was maintained by RBC Capital Markets. Wells Fargo upgraded General Mills, Inc. (NYSE:GIS) rating on Monday, December 18. Wells Fargo has “Buy” rating and $63.0 target. The firm earned “Hold” rating on Wednesday, November 1 by BMO Capital Markets. The company was downgraded on Thursday, December 15 by RBC Capital Markets. The firm earned “Neutral” rating on Wednesday, February 24 by UBS.

Dynamic Capital Management Ltd, which manages about $932.59 million and $348.77M US Long portfolio, decreased its stake in Hess Corp (NYSE:HES) by 15,801 shares to 11,810 shares, valued at $554,000 in 2017Q3, according to the filing. It also reduced its holding in Level 3 Communications Inc (NYSE:LVLT) by 14,886 shares in the quarter, leaving it with 13,700 shares, and cut its stake in Honeywell Intl Inc (NYSE:HON).

Leave a Reply

Your email address will not be published. Required fields are marked *