As Liberty Global Plc (LBTYA) Share Value Declined, Holder Coatue Management Trimmed by $35.67 Million Its Holding; As Polaris Industries (PII) Market Value Rose, Saratoga Research & Investment Management Lowered Its Stake by $3.02 Million

January 17, 2018 - By Stephen Andrade

Philippe Laffont decreased its stake in Liberty Global Plc (LBTYA) by 32.86% based on its latest 2017Q3 regulatory filing with the SEC. Coatue Management Llc sold 1.08 million shares as the company’s stock declined 18.04% while stock markets rallied. The hedge fund run by Philippe Laffont held 2.21M shares of the television services company at the end of 2017Q3, valued at $74.89 million, down from 3.29M at the end of the previous reported quarter. Coatue Management Llc who had been investing in Liberty Global Plc for a number of months, seems to be less bullish one the $35.01 billion market cap company. The stock increased 0.52% or $0.19 during the last trading session, reaching $36.75. About 909,172 shares traded. Liberty Global plc (NASDAQ:LBTYA) has declined 3.90% since January 17, 2017 and is downtrending. It has underperformed by 20.60% the S&P500.

Saratoga Research & Investment Management decreased its stake in Polaris Industries (PII) by 10.34% based on its latest 2017Q3 regulatory filing with the SEC. Saratoga Research & Investment Management sold 29,074 shares as the company’s stock rose 0.36% with the market. The institutional investor held 252,127 shares of the industrial specialties company at the end of 2017Q3, valued at $26.38M, down from 281,201 at the end of the previous reported quarter. Saratoga Research & Investment Management who had been investing in Polaris Industries for a number of months, seems to be less bullish one the $8.19 billion market cap company. The stock increased 2.33% or $2.9793 during the last trading session, reaching $130.8793. About 219,393 shares traded. Polaris Industries Inc. (NYSE:PII) has risen 5.51% since January 17, 2017 and is uptrending. It has underperformed by 11.19% the S&P500.

Investors sentiment decreased to 0.72 in Q3 2017. Its down 0.49, from 1.21 in 2017Q2. It worsened, as 35 investors sold PII shares while 152 reduced holdings. 46 funds opened positions while 89 raised stakes. 56.03 million shares or 4.63% less from 58.75 million shares in 2017Q2 were reported. Manufacturers Life Insurance Co The stated it has 5.05 million shares. Armistice Capital Ltd reported 100,000 shares or 1.23% of all its holdings. Bancorpsouth, Mississippi-based fund reported 3,399 shares. Van Eck Associates holds 0.18% of its portfolio in Polaris Industries Inc. (NYSE:PII) for 339,807 shares. Riverhead Management Limited Co holds 4,801 shares. Hendershot Invests holds 1.35% in Polaris Industries Inc. (NYSE:PII) or 30,271 shares. Laurion Mgmt Ltd Partnership holds 0% or 6,100 shares in its portfolio. State Treasurer State Of Michigan invested in 0.02% or 21,900 shares. Texas Permanent School Fund has invested 0.06% in Polaris Industries Inc. (NYSE:PII). South Dakota Inv Council accumulated 0.06% or 30,500 shares. Moreover, Arrowstreet Cap Partnership has 0% invested in Polaris Industries Inc. (NYSE:PII). Suntrust Banks, a Georgia-based fund reported 25,274 shares. Mitsubishi Ufj Trust Banking holds 120,724 shares or 0.02% of its portfolio. State Of Tennessee Treasury Department stated it has 0.07% of its portfolio in Polaris Industries Inc. (NYSE:PII). The Vermont-based Of Vermont has invested 0.01% in Polaris Industries Inc. (NYSE:PII).

Among 20 analysts covering Polaris Industries (NYSE:PII), 3 have Buy rating, 2 Sell and 15 Hold. Therefore 15% are positive. Polaris Industries had 84 analyst reports since July 23, 2015 according to SRatingsIntel. Aegis Capital initiated it with “Buy” rating and $107.0 target in Thursday, August 17 report. The stock has “Underperform” rating by RBC Capital Markets on Friday, July 21. Wunderlich maintained the shares of PII in report on Monday, September 21 with “Buy” rating. BMO Capital Markets maintained Polaris Industries Inc. (NYSE:PII) on Friday, April 28 with “Buy” rating. The firm earned “Sector Perform” rating on Tuesday, March 29 by RBC Capital Markets. The firm earned “Hold” rating on Friday, July 14 by Stifel Nicolaus. UBS maintained the stock with “Neutral” rating in Tuesday, September 13 report. RBC Capital Markets maintained the stock with “Sell” rating in Tuesday, December 19 report. The stock of Polaris Industries Inc. (NYSE:PII) earned “Outperform” rating by RBC Capital Markets on Friday, January 15. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, October 11 report.

Since August 31, 2017, it had 0 insider purchases, and 6 selling transactions for $9.32 million activity. $2.44M worth of Polaris Industries Inc. (NYSE:PII) was sold by BOGART STACY L on Thursday, October 26. Eastman Stephen L. sold $1.01M worth of stock or 8,500 shares. Williams James P sold $489,511 worth of stock or 5,250 shares. Dougherty Michael D. sold $977,840 worth of stock or 8,000 shares.

Analysts await Polaris Industries Inc. (NYSE:PII) to report earnings on January, 23. They expect $1.48 earnings per share, up 25.42% or $0.30 from last year’s $1.18 per share. PII’s profit will be $92.56M for 22.11 P/E if the $1.48 EPS becomes a reality. After $1.46 actual earnings per share reported by Polaris Industries Inc. for the previous quarter, Wall Street now forecasts 1.37% EPS growth.

Saratoga Research & Investment Management, which manages about $1.40B and $1.31 billion US Long portfolio, upped its stake in Nike (NYSE:NKE) by 13,169 shares to 685,770 shares, valued at $35.56 million in 2017Q3, according to the filing. It also increased its holding in Novo Nordisk Adr (NYSE:NVO) by 28,553 shares in the quarter, for a total of 1.50M shares, and has risen its stake in Starbucks (NASDAQ:SBUX).

Coatue Management Llc, which manages about $14.38 billion and $12.24 billion US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 2,268 shares to 399,123 shares, valued at $383.70M in 2017Q3, according to the filing. It also increased its holding in Snap Inc by 1.70 million shares in the quarter, for a total of 23.60 million shares, and has risen its stake in Jd Com Inc (NASDAQ:JD).

Among 15 analysts covering Liberty Global (NASDAQ:LBTYA), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Liberty Global had 45 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $43.0 target in Thursday, September 28 report. The stock of Liberty Global plc (NASDAQ:LBTYA) has “Buy” rating given on Monday, November 7 by Wunderlich. The rating was downgraded by Credit Suisse to “Neutral” on Wednesday, May 24. The rating was maintained by Pivotal Research on Monday, January 18 with “Buy”. The company was maintained on Thursday, July 20 by Jefferies. The firm has “Buy” rating given on Monday, November 6 by RBC Capital Markets. Jefferies maintained it with “Buy” rating and $4300 target in Friday, June 16 report. The stock of Liberty Global plc (NASDAQ:LBTYA) has “Equal-Weight” rating given on Monday, January 11 by Morgan Stanley. The firm has “Buy” rating given on Friday, September 16 by Goldman Sachs. The rating was maintained by RBC Capital Markets on Monday, November 9 with “Outperform”.

Analysts await Liberty Global plc (NASDAQ:LBTYA) to report earnings on February, 15. They expect $-0.16 EPS, down 106.53% or $2.61 from last year’s $2.45 per share. After $-0.55 actual EPS reported by Liberty Global plc for the previous quarter, Wall Street now forecasts -70.91% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts