Gilder Gagnon Howe & Co Holding in Weibo Sponsored Adr (WB) Lowered by $2.55 Million; Truenorth Has Raised Triumph Group New (TGI) Position by $1.18 Million; Market Value Declined

October 12, 2017 - By Migdalia James

Gilder Gagnon Howe & Co Llc decreased its stake in Weibo Corp Sponsored Adr (WB) by 54.73% based on its latest 2017Q2 regulatory filing with the SEC. Gilder Gagnon Howe & Co Llc sold 38,709 shares as the company’s stock rose 41.58% with the market. The institutional investor held 32,016 shares of the programming company at the end of 2017Q2, valued at $2.13M, down from 70,725 at the end of the previous reported quarter. Gilder Gagnon Howe & Co Llc who had been investing in Weibo Corp Sponsored Adr for a number of months, seems to be less bullish one the $21.64 billion market cap company. The stock declined 0.74% or $0.74 reaching $98.96 per share. About 429,025 shares traded. Weibo Corp (ADR) (NASDAQ:WB) has risen 239.00% since October 12, 2016 and is uptrending. It has outperformed by 222.30% the S&P500.

Truenorth Inc increased its stake in Triumph Group Inc New (TGI) by 400.03% based on its latest 2017Q2 regulatory filing with the SEC. Truenorth Inc bought 38,051 shares as the company’s stock declined 14.37% while stock markets rallied. The institutional investor held 47,563 shares of the capital goods company at the end of 2017Q2, valued at $1.50M, up from 9,512 at the end of the previous reported quarter. Truenorth Inc who had been investing in Triumph Group Inc New for a number of months, seems to be bullish on the $1.57B market cap company. The stock rose 0.78% or $0.25 reaching $32.2 per share. About 29,125 shares traded. Triumph Group Inc (NYSE:TGI) has declined 35.48% since October 12, 2016 and is downtrending. It has underperformed by 52.18% the S&P500.

Among 10 analysts covering Weibo Corp (NASDAQ:WB), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Weibo Corp had 17 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, October 3 by Jefferies. The stock has “Neutral” rating by Goldman Sachs on Monday, May 16. Piper Jaffray maintained Weibo Corp (ADR) (NASDAQ:WB) on Wednesday, August 19 with “Buy” rating. The stock of Weibo Corp (ADR) (NASDAQ:WB) earned “Buy” rating by TH Capital on Tuesday, November 17. The stock of Weibo Corp (ADR) (NASDAQ:WB) has “Hold” rating given on Wednesday, August 26 by Zacks. The stock of Weibo Corp (ADR) (NASDAQ:WB) earned “Neutral” rating by Citigroup on Thursday, October 29. Summit Research upgraded it to “Hold” rating and $14 target in Thursday, August 27 report. The firm has “Overweight” rating given on Tuesday, April 19 by Morgan Stanley. The stock of Weibo Corp (ADR) (NASDAQ:WB) earned “Overweight” rating by JP Morgan on Wednesday, August 31. Jefferies maintained the stock with “Buy” rating in Thursday, June 22 report.

More notable recent Weibo Corp (ADR) (NASDAQ:WB) news were published by: Fool.com which released: “5 Reasons I’m Buying Weibo Corp (ADR) Stock” on January 27, 2017, also Investorplace.com with their article: “Weibo Corp (ADR) (WB) Stock Is a Strong Buy on Pullbacks” published on August 11, 2017, Investorplace.com published: “Weibo Corp (ADR) (WB) Stock Struggles Despite Strong Earnings” on August 09, 2017. More interesting news about Weibo Corp (ADR) (NASDAQ:WB) were released by: Fool.com and their article: “The 5 Biggest Risks to Weibo Corp. (ADR) Stock” published on February 26, 2017 as well as Investorplace.com‘s news article titled: “Weibo Corp (ADR) (WB) Stock Gains Have Shorts On The Run Ahead of Earnings” with publication date: July 28, 2017.

Analysts await Weibo Corp (ADR) (NASDAQ:WB) to report earnings on November, 20. They expect $0.41 EPS, up 192.86% or $0.27 from last year’s $0.14 per share. WB’s profit will be $89.66M for 60.34 P/E if the $0.41 EPS becomes a reality. After $0.33 actual EPS reported by Weibo Corp (ADR) for the previous quarter, Wall Street now forecasts 24.24% EPS growth.

Investors sentiment increased to 2.62 in 2017 Q2. Its up 1.30, from 1.32 in 2017Q1. It increased, as 19 investors sold WB shares while 39 reduced holdings. 81 funds opened positions while 71 raised stakes. 29.54 million shares or 35.84% more from 21.74 million shares in 2017Q1 were reported. Nomura Asset Mgmt Ltd accumulated 0.01% or 7,373 shares. Castleark Management Lc holds 0% of its portfolio in Weibo Corp (ADR) (NASDAQ:WB) for 1,655 shares. First Tru Advisors Lp holds 0.01% of its portfolio in Weibo Corp (ADR) (NASDAQ:WB) for 53,499 shares. 4,300 are owned by Pacad Invest. Dimensional Fund Limited Partnership reported 0% of its portfolio in Weibo Corp (ADR) (NASDAQ:WB). Baillie Gifford & reported 113,097 shares. 1.71M are held by Acadian Asset Mngmt Limited Liability Co. Ameriprise Fin owns 80,097 shares. First Manhattan Com accumulated 11,148 shares. Moreover, Fil Limited has 0.1% invested in Weibo Corp (ADR) (NASDAQ:WB). The Maine-based Schroder Investment Mngmt Group Inc has invested 0.21% in Weibo Corp (ADR) (NASDAQ:WB). 41,469 are owned by Nordea Mgmt. Advisors Asset Management stated it has 33,440 shares or 0.04% of all its holdings. Great West Life Assurance Can holds 15,542 shares or 0% of its portfolio. New York-based Hilton Mgmt has invested 0.05% in Weibo Corp (ADR) (NASDAQ:WB).

Gilder Gagnon Howe & Co Llc, which manages about $6.26 billion and $6.76B US Long portfolio, upped its stake in Alibaba Group Hldg Ltd Sponsored Ads (NYSE:BABA) by 34,102 shares to 369,047 shares, valued at $52.00M in 2017Q2, according to the filing. It also increased its holding in Snap Inc Cl A by 541,629 shares in the quarter, for a total of 2.69 million shares, and has risen its stake in Everbridge Inc Com.

Truenorth Inc, which manages about $406.36 million and $207.93M US Long portfolio, decreased its stake in Dollar Gen Corp New (NYSE:DG) by 30,836 shares to 4,242 shares, valued at $306,000 in 2017Q2, according to the filing. It also reduced its holding in Rydex Etf Trust (RYT) by 2,925 shares in the quarter, leaving it with 13,765 shares, and cut its stake in Alibaba Group Hldg Ltd (NYSE:BABA).

Among 18 analysts covering Triumph Group (NYSE:TGI), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Triumph Group had 47 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, January 29. The rating was downgraded by Deutsche Bank on Tuesday, November 15 to “Hold”. The rating was maintained by Credit Suisse on Monday, August 21 with “Outperform”. The stock of Triumph Group Inc (NYSE:TGI) earned “Buy” rating by Sterne Agee CRT on Friday, October 2. Canaccord Genuity maintained it with “Hold” rating and $34 target in Thursday, May 25 report. The firm has “Hold” rating by Jefferies given on Monday, August 28. The stock of Triumph Group Inc (NYSE:TGI) has “Hold” rating given on Wednesday, July 26 by Cowen & Co. The firm has “Reduce” rating by Standpoint Research given on Thursday, May 25. Robert W. Baird maintained it with “Buy” rating and $34.0 target in Thursday, September 7 report. The rating was downgraded by Jefferies to “Hold” on Monday, July 24.

More important recent Triumph Group Inc (NYSE:TGI) news were published by: Businesswire.com which released: “Triumph Group Announces the Sale of Triumph Processing – Embee Division, Inc …” on September 18, 2017, also Businesswire.com published article titled: “Triumph Agreement with MD Helicopters Extends Support for the MD 530F Cayuse …”, Fool.com published: “Why Shares of Triumph Group, Inc. Jumped 13% in September” on October 06, 2017. More interesting news about Triumph Group Inc (NYSE:TGI) was released by: Reuters.com and their article: “BRIEF-Triumph Group announces sale of Triumph Processing – Embee Division to …” with publication date: September 18, 2017.

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