Marathon Trading Investment Management Has Boosted Macys (M) Stake; Paradigm Asset Management Co Boosted Its Fomento Economico Mex (FMX) Holding

February 24, 2018 - By Migdalia James

Marathon Trading Investment Management Llc increased Macys Inc (M) stake by 130.77% reported in 2017Q3 SEC filing. Marathon Trading Investment Management Llc acquired 17,000 shares as Macys Inc (M)’s stock declined 28.76%. The Marathon Trading Investment Management Llc holds 30,000 shares with $655,000 value, up from 13,000 last quarter. Macys Inc now has $8.14 billion valuation. The stock increased 2.18% or $0.57 during the last trading session, reaching $26.74. About 11.10 million shares traded. Macy's, Inc. (NYSE:M) has declined 25.46% since February 24, 2017 and is downtrending. It has underperformed by 42.16% the S&P500.

Paradigm Asset Management Co Llc increased Fomento Economico Mex (FMX) stake by 93.02% reported in 2017Q3 SEC filing. Paradigm Asset Management Co Llc acquired 2,000 shares as Fomento Economico Mex (FMX)’s stock rose 14.44%. The Paradigm Asset Management Co Llc holds 4,150 shares with $396.45M value, up from 2,150 last quarter. Fomento Economico Mex now has $20.46 billion valuation. The stock decreased 0.29% or $0.27 during the last trading session, reaching $93.92. About 294,699 shares traded. Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) has risen 4.34% since February 24, 2017 and is uptrending. It has underperformed by 12.36% the S&P500.

Among 31 analysts covering Macy’s Inc. (NYSE:M), 7 have Buy rating, 2 Sell and 22 Hold. Therefore 23% are positive. Macy’s Inc. had 101 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Neutral” rating by JP Morgan on Wednesday, August 12. The rating was reinitiated by JP Morgan on Thursday, January 21 with “Neutral”. The company was maintained on Thursday, August 10 by Cowen & Co. As per Monday, July 24, the company rating was maintained by RBC Capital Markets. The firm earned “Hold” rating on Friday, September 11 by S&P Research. Deutsche Bank maintained Macy's, Inc. (NYSE:M) on Tuesday, August 8 with “Hold” rating. The stock has “Buy” rating by Guggenheim on Thursday, December 14. Telsey Advisory Group maintained the stock with “Market Perform” rating in Friday, August 12 report. The firm has “Neutral” rating given on Friday, August 12 by Goldman Sachs. BMO Capital Markets maintained it with “Outperform” rating and $35 target in Monday, November 13 report.

Marathon Trading Investment Management Llc decreased Powershares Qqq Trust (QQQ) stake by 71,805 shares to 40,626 valued at $5.91M in 2017Q3. It also reduced Micron Technology Inc (Put) stake by 7,800 shares and now owns 59,400 shares. Tesla Inc (Call) was reduced too.

Among 6 analysts covering Fomento Economico Mexicano SAB (NYSE:FMX), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Fomento Economico Mexicano SAB had 13 analyst reports since August 18, 2015 according to SRatingsIntel. Barclays Capital maintained Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) on Friday, October 14 with “Overweight” rating. The stock of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) has “Neutral” rating given on Friday, January 20 by JP Morgan. The rating was upgraded by JP Morgan on Monday, October 2 to “Overweight”. The rating was initiated by Stifel Nicolaus with “Buy” on Tuesday, November 22. The stock of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) earned “Overweight” rating by JP Morgan on Tuesday, August 18. The stock of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) earned “Buy” rating by Citigroup on Friday, April 29. The rating was downgraded by Zacks to “Buy” on Monday, August 31. Zacks upgraded the stock to “Hold” rating in Wednesday, August 19 report. The firm has “Buy” rating by HSBC given on Wednesday, August 10. The stock has “Overweight” rating by Barclays Capital on Monday, March 7.

Paradigm Asset Management Co Llc decreased Digital Rlty Tr (NYSE:DLR) stake by 3,800 shares to 25,670 valued at $3.04 billion in 2017Q3. It also reduced Cvs Caremark Corp (NYSE:CVS) stake by 13,056 shares and now owns 37,470 shares. Guaranty Bancorp (NASDAQ:GBNK) was reduced too.

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