Davis Selected Advisers Has Increased Holding in Alibaba Group Holding LTD Adr (BABA) by $21.94 Million; As Union Pacific (UNP) Stock Price Declined, Saybrook Capital Boosted Stake by $460,000

January 14, 2018 - By reb123z

Saybrook Capital increased its stake in Union Pacific (UNP) by 28.37% based on its latest 2017Q3 regulatory filing with the SEC. Saybrook Capital bought 4,000 shares as the company’s stock declined 2.52% while stock markets rallied. The institutional investor held 18,100 shares of the railroads company at the end of 2017Q3, valued at $2.10 million, up from 14,100 at the end of the previous reported quarter. Saybrook Capital who had been investing in Union Pacific for a number of months, seems to be bullish on the $111.13 billion market cap company. The stock increased 0.58% or $0.82 during the last trading session, reaching $141.17. About 3.27 million shares traded. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since January 14, 2017 and is uptrending. It has outperformed by 14.75% the S&P500.

Davis Selected Advisers increased its stake in Alibaba Group Holding Ltd. Adr (BABA) by 29.9% based on its latest 2017Q3 regulatory filing with the SEC. Davis Selected Advisers bought 127,581 shares as the company’s stock rose 22.58% with the market. The institutional investor held 554,328 shares of the business services company at the end of 2017Q3, valued at $95.74M, up from 426,747 at the end of the previous reported quarter. Davis Selected Advisers who had been investing in Alibaba Group Holding Ltd. Adr for a number of months, seems to be bullish on the $481.84 billion market cap company. The stock decreased 0.51% or $0.96 during the last trading session, reaching $187.79. About 11.79 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 14, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Davis Selected Advisers, which manages about $48.17 billion and $23.50B US Long portfolio, decreased its stake in Markel Corp. (NYSE:MKL) by 11,979 shares to 264,054 shares, valued at $282.02 million in 2017Q3, according to the filing. It also reduced its holding in Crown Castle International Corp. (NYSE:CCI) by 56,605 shares in the quarter, leaving it with 85,455 shares, and cut its stake in Interxion Holding Nv (NYSE:INXN).

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 157 analyst reports since August 12, 2015 according to SRatingsIntel. Needham maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Thursday, October 20. Needham has “Buy” rating and $125 target. On Friday, August 12 the stock rating was maintained by Deutsche Bank with “Buy”. As per Thursday, November 2, the company rating was maintained by Robert W. Baird. The firm has “Buy” rating by Stifel Nicolaus given on Friday, August 18. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by Jefferies on Tuesday, June 6. The rating was initiated by Needham on Friday, April 15 with “Buy”. Atlantic Securities upgraded the stock to “Overweight” rating in Tuesday, August 22 report. Morgan Stanley maintained it with “Overweight” rating and $101 target in Wednesday, October 28 report. The firm has “Buy” rating by SunTrust given on Friday, August 18. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Overweight” rating by Barclays Capital on Wednesday, August 2.

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.02, from 0.92 in 2017Q2. It turned negative, as 67 investors sold UNP shares while 490 reduced holdings. 95 funds opened positions while 408 raised stakes. 601.66 million shares or 1.15% less from 608.67 million shares in 2017Q2 were reported. Boys Arnold And Inc invested in 5,990 shares or 0.11% of the stock. Legacy Private Tru Co holds 0.8% or 56,487 shares. Savings Bank Of Nova Scotia Company accumulated 2,968 shares. Qs Invsts Limited Company invested 0.1% of its portfolio in Union Pacific Corporation (NYSE:UNP). Proshare Ltd Liability Corp accumulated 110,858 shares or 0.12% of the stock. Kistler invested 0.18% of its portfolio in Union Pacific Corporation (NYSE:UNP). United Services Automobile Association holds 0.23% or 667,328 shares in its portfolio. Cohen Klingenstein Ltd Liability Corporation reported 59,780 shares. Cohen And Steers has 999,546 shares for 0.32% of their portfolio. Ibm Retirement Fund holds 20,101 shares. Capstone Advsrs Ltd Liability Co reported 276 shares. 101,478 are held by Advsrs Asset Mngmt. Maple Capital Mngmt stated it has 0.24% in Union Pacific Corporation (NYSE:UNP). Kbc Grp Inc Nv owns 194,744 shares for 0.2% of their portfolio. Meiji Yasuda Asset Management Limited reported 57,037 shares.

Among 28 analysts covering Union Pacific Corporation (NYSE:UNP), 12 have Buy rating, 2 Sell and 14 Hold. Therefore 43% are positive. Union Pacific Corporation had 93 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 31 by Morgan Stanley. RBC Capital Markets maintained Union Pacific Corporation (NYSE:UNP) rating on Thursday, September 28. RBC Capital Markets has “Hold” rating and $115.0 target. The rating was initiated by Atlantic Securities with “Overweight” on Thursday, August 11. The rating was maintained by Loop Capital on Monday, October 30 with “Hold”. The stock of Union Pacific Corporation (NYSE:UNP) earned “Buy” rating by Citigroup on Friday, March 31. As per Wednesday, August 23, the company rating was maintained by Robert W. Baird. On Friday, June 3 the stock rating was upgraded by Morgan Stanley to “Overweight”. The firm has “Hold” rating by Cowen & Co given on Friday, August 25. UBS maintained the stock with “Neutral” rating in Friday, October 27 report. The company was downgraded on Monday, April 18 by UBS.

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