Aerovironment (AVAV) Stock Value Declined While Connors Investor Services Decreased by $1.34 Million Its Position; Jd Com (JD) Position Held by Wellcome Trust Ltd

April 17, 2018 - By Vivian Park

JD.com, Inc. (NASDAQ:JD) Logo

Connors Investor Services Inc decreased its stake in Aerovironment Inc (AVAV) by 28.73% based on its latest 2017Q4 regulatory filing with the SEC. Connors Investor Services Inc sold 23,955 shares as the company’s stock declined 20.72% with the market. The institutional investor held 59,423 shares of the capital goods company at the end of 2017Q4, valued at $3.34M, down from 83,378 at the end of the previous reported quarter. Connors Investor Services Inc who had been investing in Aerovironment Inc for a number of months, seems to be less bullish one the $1.34B market cap company. The stock increased 0.68% or $0.3847 during the last trading session, reaching $57.1147. About 143,928 shares traded. AeroVironment, Inc. (NASDAQ:AVAV) has risen 65.98% since April 17, 2017 and is uptrending. It has outperformed by 54.43% the S&P500.

Wellcome Trust Ltd increased its stake in Jd Com Inc (JD) by 0.54% based on its latest 2017Q4 regulatory filing with the SEC. Wellcome Trust Ltd bought 48,398 shares as the company’s stock declined 3.51% with the market. The institutional investor held 9.07M shares of the consumer services company at the end of 2017Q4, valued at $375.61 million, up from 9.02 million at the end of the previous reported quarter. Wellcome Trust Ltd who had been investing in Jd Com Inc for a number of months, seems to be bullish on the $57.89B market cap company. The stock increased 1.08% or $0.4301 during the last trading session, reaching $40.3601. About 6.52 million shares traded. JD.com, Inc. (NASDAQ:JD) has risen 29.73% since April 17, 2017 and is uptrending. It has outperformed by 18.18% the S&P500.

Among 22 analysts covering JD.com (NASDAQ:JD), 17 have Buy rating, 0 Sell and 5 Hold. Therefore 77% are positive. JD.com had 48 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Morgan Stanley on Tuesday, November 14 to “Equal-Weight”. The stock has “Buy” rating by Jefferies on Thursday, August 11. Credit Suisse downgraded the shares of JD in report on Tuesday, May 10 to “Neutral” rating. The company was upgraded on Friday, January 22 by Nomura. The stock has “Neutral” rating by Bank of America on Thursday, August 11. The stock has “Buy” rating by KeyBanc Capital Markets on Monday, November 13. On Thursday, August 6 the stock rating was initiated by TH Capital with “Buy”. The firm earned “Buy” rating on Monday, October 30 by UBS. The stock of JD.com, Inc. (NASDAQ:JD) earned “Buy” rating by Jefferies on Friday, June 16. Stifel Nicolaus maintained the shares of JD in report on Wednesday, December 13 with “Buy” rating.

Connors Investor Services Inc, which manages about $522.13 million and $694.74 million US Long portfolio, upped its stake in Costco Wholesale (NASDAQ:COST) by 2,760 shares to 62,850 shares, valued at $11.70 million in 2017Q4, according to the filing. It also increased its holding in Adobe Systems (NASDAQ:ADBE) by 2,365 shares in the quarter, for a total of 59,885 shares, and has risen its stake in Emerson Electric (NYSE:EMR).

Among 7 analysts covering AeroVironment (NASDAQ:AVAV), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. AeroVironment had 26 analyst reports since August 21, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Hold” rating and $36.0 target in Wednesday, August 30 report. The firm has “Hold” rating by Canaccord Genuity given on Tuesday, December 5. The company was upgraded on Wednesday, April 11 by Stifel Nicolaus. The firm earned “Hold” rating on Wednesday, August 30 by Canaccord Genuity. As per Friday, June 23, the company rating was maintained by Jefferies. Robert W. Baird maintained it with “Hold” rating and $35.0 target in Monday, August 28 report. Piper Jaffray maintained AeroVironment, Inc. (NASDAQ:AVAV) rating on Wednesday, December 6. Piper Jaffray has “Hold” rating and $42.0 target. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, December 6 report. The rating was downgraded by TheStreet on Thursday, September 3 to “Sell”. On Thursday, August 10 the stock rating was maintained by Canaccord Genuity with “Hold”.

Analysts await AeroVironment, Inc. (NASDAQ:AVAV) to report earnings on June, 26. They expect $0.43 EPS, down 66.92% or $0.87 from last year’s $1.3 per share. AVAV’s profit will be $10.10M for 33.21 P/E if the $0.43 EPS becomes a reality. After $0.09 actual EPS reported by AeroVironment, Inc. for the previous quarter, Wall Street now forecasts 377.78% EPS growth.

Since October 18, 2017, it had 0 insider purchases, and 7 insider sales for $2.69 million activity.

Investors sentiment decreased to 1.26 in Q4 2017. Its down 0.61, from 1.87 in 2017Q3. It turned negative, as 15 investors sold AVAV shares while 50 reduced holdings. 34 funds opened positions while 48 raised stakes. 17.40 million shares or 1.57% more from 17.13 million shares in 2017Q3 were reported. The Illinois-based First Trust Advsrs Ltd Partnership has invested 0.01% in AeroVironment, Inc. (NASDAQ:AVAV). 5,611 are held by Suntrust Banks Inc. Price T Rowe Associate Md holds 0% in AeroVironment, Inc. (NASDAQ:AVAV) or 9,857 shares. State Of Alaska Department Of Revenue holds 4,233 shares or 0.01% of its portfolio. The Maryland-based Proshare Advsrs Ltd Company has invested 0% in AeroVironment, Inc. (NASDAQ:AVAV). Moreover, Vantage Advisors Llc has 0% invested in AeroVironment, Inc. (NASDAQ:AVAV). Royal Bancorp Of Canada has invested 0% of its portfolio in AeroVironment, Inc. (NASDAQ:AVAV). Wellington Shields Llc has invested 1.09% in AeroVironment, Inc. (NASDAQ:AVAV). Aperio Group Limited Liability Corporation owns 14,311 shares. Texas Permanent School Fund, Texas-based fund reported 14,342 shares. Vanguard Group Incorporated accumulated 1.98M shares. Northwestern Mutual Wealth holds 190 shares. Neuberger Berman Gru Limited Liability Company reported 543,021 shares. Commercial Bank Of New York Mellon Corp reported 657,323 shares. Manufacturers Life Ins The stated it has 0% in AeroVironment, Inc. (NASDAQ:AVAV).

AeroVironment, Inc. (NASDAQ:AVAV) Institutional Positions Chart

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