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Jw Asset Management Boosted Holding in Alibaba Group Hldg LTD (BABA); Steinberg Asset Management Has Boosted Stake in Servicemaster Global Hldgs I (SERV) as Share Value Declined

Steinberg Asset Management Llc increased its stake in Servicemaster Global Hldgs I (SERV) by 9.97% based on its latest 2017Q3 regulatory filing with the SEC. Steinberg Asset Management Llc bought 13,205 shares as the company’s stock declined 4.48% while stock markets rallied. The hedge fund held 145,645 shares of the consumer services company at the end of 2017Q3, valued at $6.81M, up from 132,440 at the end of the previous reported quarter. Steinberg Asset Management Llc who had been investing in Servicemaster Global Hldgs I for a number of months, seems to be bullish on the $7.33B market cap company. The stock increased 0.93% or $0.5 during the last trading session, reaching $54.28. About 385,494 shares traded. ServiceMaster Global Holdings, Inc. (NYSE:SERV) has risen 0.99% since February 23, 2017 and is uptrending. It has underperformed by 15.71% the S&P500.

Jw Asset Management Llc increased its stake in Alibaba Group Hldg Ltd (BABA) by 66.67% based on its latest 2017Q3 regulatory filing with the SEC. Jw Asset Management Llc bought 10,000 shares as the company’s stock rose 22.58% with the market. The institutional investor held 25,000 shares of the business services company at the end of 2017Q3, valued at $4.32 million, up from 15,000 at the end of the previous reported quarter. Jw Asset Management Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $495.85B market cap company. The stock increased 2.38% or $4.5002 during the last trading session, reaching $193.2502. About 13.91 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since February 23, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 168 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was downgraded by Standpoint Research on Thursday, April 20 to “Reduce”. On Thursday, January 21 the stock rating was upgraded by Standpoint Research to “Buy”. The company was initiated on Wednesday, January 11 by Bernstein. The company was maintained on Friday, February 2 by KeyBanc Capital Markets. Oppenheimer maintained the shares of BABA in report on Monday, November 6 with “Outperform” rating. The firm earned “Buy” rating on Wednesday, September 20 by Jefferies. On Monday, November 13 the stock rating was maintained by SunTrust with “Buy”. Deutsche Bank maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Monday, April 25. Deutsche Bank has “Buy” rating and $109 target. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Buy” rating given on Wednesday, August 26 by Cantor Fitzgerald. The firm has “Buy” rating given on Tuesday, August 15 by Stifel Nicolaus.

Steinberg Asset Management Llc, which manages about $2.04B and $283.95M US Long portfolio, decreased its stake in Markel Corp (NYSE:MKL) by 845 shares to 3,796 shares, valued at $4.05 million in 2017Q3, according to the filing. It also reduced its holding in Amc Entmt Hldgs Inc (NYSE:AMC) by 102,740 shares in the quarter, leaving it with 59,851 shares, and cut its stake in Laboratory Corp Amer Hldgs (NYSE:LH).

Among 11 analysts covering ServiceMaster (NYSE:SERV), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. ServiceMaster had 28 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by Nomura to “Buy” on Thursday, February 15. Morgan Stanley maintained the stock with “Overweight” rating in Monday, October 23 report. On Tuesday, September 19 the stock rating was initiated by Oppenheimer with “Buy”. Morgan Stanley maintained the shares of SERV in report on Thursday, September 28 with “Overweight” rating. The firm has “Buy” rating given on Thursday, February 15 by Instinet. The stock of ServiceMaster Global Holdings, Inc. (NYSE:SERV) has “Buy” rating given on Monday, June 26 by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, October 31 by Robert W. Baird. Nomura downgraded the shares of SERV in report on Monday, September 19 to “Reduce” rating. On Tuesday, August 1 the stock rating was maintained by Credit Suisse with “Buy”. The company was maintained on Wednesday, January 31 by Morgan Stanley.

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