Hudson Bay Capital Management LP Increased Alibaba Group Hldg LTD (BABA) Position; Cno Financial Group (CNO) Shorts Increased By 15.41%

January 14, 2018 - By Peter Erickson

Hudson Bay Capital Management Lp increased Alibaba Group Hldg Ltd (BABA) stake by 165.39% reported in 2017Q3 SEC filing. Hudson Bay Capital Management Lp acquired 87,442 shares as Alibaba Group Hldg Ltd (BABA)’s stock rose 22.58%. The Hudson Bay Capital Management Lp holds 140,312 shares with $24.23 million value, up from 52,870 last quarter. Alibaba Group Hldg Ltd now has $481.84 billion valuation. The stock decreased 0.51% or $0.96 during the last trading session, reaching $187.79. About 11.79M 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.

Cno Financial Group Incorporated (NYSE:CNO) had an increase of 15.41% in short interest. CNO’s SI was 2.56 million shares in January as released by FINRA. Its up 15.41% from 2.22M shares previously. With 678,200 avg volume, 4 days are for Cno Financial Group Incorporated (NYSE:CNO)’s short sellers to cover CNO’s short positions. The stock decreased 1.10% or $0.29 during the last trading session, reaching $26.09. About 715,278 shares traded. CNO Financial Group, Inc. (NYSE:CNO) has risen 4.81% since January 14, 2017 and is uptrending. It has underperformed by 11.89% the S&P500.

Among 10 analysts covering CNO Financial Group (NYSE:CNO), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. CNO Financial Group had 22 analyst reports since July 29, 2015 according to SRatingsIntel. On Tuesday, June 20 the stock rating was maintained by Wells Fargo with “Hold”. The rating was initiated by Wood on Wednesday, July 29 with “Outperform”. The rating was initiated by Deutsche Bank with “Hold” on Monday, January 25. The rating was maintained by Wells Fargo on Monday, June 5 with “Hold”. The firm has “Outperform” rating by FBR Capital given on Tuesday, December 13. Raymond James initiated CNO Financial Group, Inc. (NYSE:CNO) on Tuesday, December 22 with “Outperform” rating. As per Friday, September 30, the company rating was downgraded by Goldman Sachs. The company was maintained on Wednesday, May 31 by FBR Capital. The firm has “Outperform” rating by Wells Fargo given on Friday, September 23. Goldman Sachs initiated CNO Financial Group, Inc. (NYSE:CNO) on Tuesday, November 17 with “Buy” rating.

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. The company has market cap of $4.38 billion. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off divisions. It has a 9.39 P/E ratio. The Bankers Life segment markets and distributes Medicare supplement insurance, interest-sensitive and traditional life insurance, fixed annuities, and long-term care insurance products; and Medicare advantage and prescription drug plan products through various distribution and marketing agreements.

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