Bitauto Holdings Limited (BITA) Reaches $20.05 After 6.00% Down Move; Bridge Bancorp (BDGE) Sentiment Is 1.03

April 23, 2018 - By Michael Collier

Bridge Bancorp Inc (BDGE) investors sentiment decreased to 1.03 in 2017 Q4. It’s down -0.69, from 1.72 in 2017Q3. The ratio fall, as 35 institutional investors increased or opened new holdings, while 34 sold and reduced their stock positions in Bridge Bancorp Inc. The institutional investors in our database now have: 11.14 million shares, down from 11.19 million shares in 2017Q3. Also, the number of institutional investors holding Bridge Bancorp Inc in top ten holdings was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 32 Increased: 24 New Position: 11.

The stock of Bitauto Holdings Limited (NYSE:BITA) is a huge mover today! The stock decreased 4.43% or $0.93 during the last trading session, reaching $20.05. About 729,700 shares traded. Bitauto Holdings Limited (NYSE:BITA) has declined 22.66% since April 23, 2017 and is downtrending. It has underperformed by 34.21% the S&P500.The move comes after 7 months negative chart setup for the $1.39B company. It was reported on Apr, 23 by Barchart.com. We have $18.85 PT which if reached, will make NYSE:BITA worth $83.28 million less.

Analysts await Bitauto Holdings Limited (NYSE:BITA) to report earnings on May, 10. They expect $-0.19 earnings per share, down 2,000.00% or $0.20 from last year’s $0.01 per share. After $-1.52 actual earnings per share reported by Bitauto Holdings Limited for the previous quarter, Wall Street now forecasts -87.50% EPS growth.

Bitauto Holdings Limited provides Internet content and marketing, and transaction services for the automotive industry in the PeopleÂ’s Republic of China. The company has market cap of $1.39 billion. The firm operates in three divisions: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. It currently has negative earnings. The Advertising and Subscription Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com and taoche.com Websites, as well as mobile applications.

Among 9 analysts covering Bitauto Holdings (NYSE:BITA), 8 have Buy rating, 1 Sell and 0 Hold. Therefore 89% are positive. Bitauto Holdings had 16 analyst reports since October 29, 2015 according to SRatingsIntel. Citigroup initiated Bitauto Holdings Limited (NYSE:BITA) rating on Thursday, October 29. Citigroup has “Buy” rating and $44 target. The rating was initiated by JP Morgan on Wednesday, August 31 with “Overweight”. The firm has “Buy” rating by HSBC given on Wednesday, January 27. Citigroup initiated Bitauto Holdings Limited (NYSE:BITA) on Tuesday, January 2 with “Buy” rating. The stock of Bitauto Holdings Limited (NYSE:BITA) has “Neutral” rating given on Tuesday, February 23 by JP Morgan. The rating was maintained by JP Morgan with “Overweight” on Monday, March 19. The firm earned “Buy” rating on Friday, September 1 by CLSA. The rating was upgraded by CLSA on Monday, February 22 to “Buy”. The company was downgraded on Tuesday, November 10 by CLSA. The firm has “Buy” rating given on Monday, February 22 by Credit Agricole.

The stock increased 1.17% or $0.38 during the last trading session, reaching $32.53. About 15,212 shares traded. Bridge Bancorp, Inc. (BDGE) has declined 2.05% since April 23, 2017 and is downtrending. It has underperformed by 13.60% the S&P500.

Since January 1, 0001, it had 4 insider buys, and 0 insider sales for $1.63 million activity.

Bridge Bancorp, Inc. (NASDAQ:BDGE) Institutional Positions Chart

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