Maiden Holdings LTD (MHLD) Stock Value Declined While Pacific Ridge Capital Partners Has Lifted Position; As Activision Blizzard (ATVI) Market Value Rose, Shareholder Lone Pine Capital Has Trimmed Position

February 15, 2018 - By Peter Erickson

Stephen Mandel decreased its stake in Activision Blizzard Inc (ATVI) by 7.87% based on its latest 2017Q3 regulatory filing with the SEC. Lone Pine Capital Llc sold 1.70M shares as the company’s stock rose 23.27% with the market. The hedge fund run by Stephen Mandel held 19.84M shares of the technology company at the end of 2017Q3, valued at $1.28 billion, down from 21.54 million at the end of the previous reported quarter. Lone Pine Capital Llc who had been investing in Activision Blizzard Inc for a number of months, seems to be less bullish one the $53.38 billion market cap company. The stock increased 1.36% or $0.95 during the last trading session, reaching $70.6. About 2.29M shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 47.83% since February 15, 2017 and is uptrending. It has outperformed by 31.13% the S&P500.

Pacific Ridge Capital Partners Llc increased its stake in Maiden Holdings Ltd (MHLD) by 103.79% based on its latest 2017Q3 regulatory filing with the SEC. Pacific Ridge Capital Partners Llc bought 112,920 shares as the company’s stock declined 36.72% while stock markets rallied. The institutional investor held 221,720 shares of the finance company at the end of 2017Q3, valued at $1.76 million, up from 108,800 at the end of the previous reported quarter. Pacific Ridge Capital Partners Llc who had been investing in Maiden Holdings Ltd for a number of months, seems to be bullish on the $613.53M market cap company. The stock decreased 1.36% or $0.1 during the last trading session, reaching $7.25. About 80,026 shares traded. Maiden Holdings, Ltd. (NASDAQ:MHLD) has declined 14.45% since February 15, 2017 and is downtrending. It has underperformed by 31.15% the S&P500.

Investors sentiment increased to 1.38 in Q3 2017. Its up 0.23, from 1.15 in 2017Q2. It is positive, as 37 investors sold ATVI shares while 205 reduced holdings. 93 funds opened positions while 240 raised stakes. 639.82 million shares or 0.01% less from 639.89 million shares in 2017Q2 were reported. 10,220 were reported by Palisade Mngmt Ltd Liability Nj. Rhumbline Advisers invested in 1.19M shares. Manchester Capital Ltd Co holds 0.06% or 6,002 shares in its portfolio. Martingale Asset Mngmt Lp reported 58,206 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.11% or 180,545 shares. First Manhattan has invested 0% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). British Columbia Investment Mgmt has invested 0.21% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). 13,904 are owned by Wealthfront. Usa Fin Portformulas Corporation has 120,379 shares for 1.85% of their portfolio. Centre Asset Mgmt Ltd Liability Corporation has invested 2.28% in Activision Blizzard, Inc. (NASDAQ:ATVI). Eaton Vance has 410,445 shares for 0.07% of their portfolio. Ent Svcs Corp stated it has 0% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). Davenport & Comm Ltd Liability Company accumulated 0.01% or 11,595 shares. 170,815 were reported by Fjarde Ap. Fred Alger Management invested in 55,950 shares.

Among 30 analysts covering Activision Blizzard (NASDAQ:ATVI), 24 have Buy rating, 0 Sell and 6 Hold. Therefore 80% are positive. Activision Blizzard had 130 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Hold” rating by Zacks on Friday, August 7. The company was maintained on Friday, February 9 by Credit Suisse. The firm has “Buy” rating by Morgan Stanley given on Wednesday, June 7. The rating was initiated by Morgan Stanley with “Overweight” on Friday, September 23. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Buy” rating by Piper Jaffray on Friday, November 3. The rating was maintained by Jefferies with “Buy” on Tuesday, September 5. The rating was maintained by Jefferies on Wednesday, August 5 with “Buy”. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Buy” rating given on Tuesday, February 16 by Hilliard Lyons. On Wednesday, August 5 the stock rating was maintained by Brean Capital with “Buy”. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 2.

Lone Pine Capital Llc, which manages about $34.98 billion and $20.57 billion US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 12.16M shares to 32.60 million shares, valued at $1.25 billion in 2017Q3, according to the filing. It also increased its holding in Constellation Brands Inc (NYSE:STZ) by 499,306 shares in the quarter, for a total of 7.08M shares, and has risen its stake in Unitedhealth Group Inc (NYSE:UNH).

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.09, from 0.97 in 2017Q2. It dived, as 23 investors sold MHLD shares while 46 reduced holdings. 21 funds opened positions while 40 raised stakes. 55.55 million shares or 3.87% less from 57.79 million shares in 2017Q2 were reported. State Bank Of America De reported 167,580 shares stake. 848,861 are held by Goldman Sachs Grp Incorporated Inc. Ameriprise Financial Incorporated holds 0% in Maiden Holdings, Ltd. (NASDAQ:MHLD) or 406,378 shares. Schwab Charles holds 0% of its portfolio in Maiden Holdings, Ltd. (NASDAQ:MHLD) for 684,310 shares. Cibc Asset Mgmt reported 0% of its portfolio in Maiden Holdings, Ltd. (NASDAQ:MHLD). 49 are held by Us National Bank De. Gru One Trading LP stated it has 32,258 shares. Parallax Volatility Advisers LP invested 0% in Maiden Holdings, Ltd. (NASDAQ:MHLD). Texas Permanent School Fund accumulated 51,854 shares. 83 are held by Reilly Fincl Advsr Limited Co. Northwestern Mutual Wealth Mngmt Company reported 0% stake. Jfs Wealth Advsrs Ltd Llc reported 12,527 shares. Thrivent Fincl For Lutherans stated it has 0.02% of its portfolio in Maiden Holdings, Ltd. (NASDAQ:MHLD). Riverhead Cap Mngmt Lc accumulated 3,763 shares. Tower Rech Cap Lc (Trc) holds 0% or 6,771 shares in its portfolio.

Pacific Ridge Capital Partners Llc, which manages about $150.62 million and $352.76M US Long portfolio, decreased its stake in Xcerra Corp (NASDAQ:XCRA) by 228,890 shares to 644,502 shares, valued at $6.35 million in 2017Q3, according to the filing. It also reduced its holding in Sterling Construction Co Inc (NASDAQ:STRL) by 67,540 shares in the quarter, leaving it with 442,630 shares, and cut its stake in Cohu Inc (NASDAQ:COHU).

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