Pandora Media (P) Holding Raised by Commerzbank Aktiengesellschaft; Belden (BDC) Holder Virginia Retirement Systems Et Al Increased Position

April 22, 2018 - By Maria Brooks

Belden Inc. (NYSE:BDC) Logo

Commerzbank Aktiengesellschaft increased its stake in Pandora Media Inc (P) by 35.28% based on its latest 2017Q4 regulatory filing with the SEC. Commerzbank Aktiengesellschaft bought 108,876 shares as the company’s stock rose 11.09% while stock markets declined. The institutional investor held 417,522 shares of the consumer services company at the end of 2017Q4, valued at $2.01 million, up from 308,646 at the end of the previous reported quarter. Commerzbank Aktiengesellschaft who had been investing in Pandora Media Inc for a number of months, seems to be bullish on the $1.35 billion market cap company. The stock decreased 0.56% or $0.03 during the last trading session, reaching $5.31. About 6.63M shares traded. Pandora Media, Inc. (NYSE:P) has declined 55.28% since April 22, 2017 and is downtrending. It has underperformed by 66.83% the S&P500.

Virginia Retirement Systems Et Al increased its stake in Belden Inc (BDC) by 32.22% based on its latest 2017Q4 regulatory filing with the SEC. Virginia Retirement Systems Et Al bought 5,800 shares as the company’s stock declined 14.23% with the market. The institutional investor held 23,800 shares of the telecommunications equipment company at the end of 2017Q4, valued at $1.84M, up from 18,000 at the end of the previous reported quarter. Virginia Retirement Systems Et Al who had been investing in Belden Inc for a number of months, seems to be bullish on the $2.82B market cap company. The stock decreased 1.48% or $1.03 during the last trading session, reaching $68.58. About 392,207 shares traded. Belden Inc. (NYSE:BDC) has risen 2.17% since April 22, 2017 and is uptrending. It has underperformed by 9.38% the S&P500.

Among 40 analysts covering Pandora Media (NYSE:P), 13 have Buy rating, 2 Sell and 25 Hold. Therefore 33% are positive. Pandora Media had 153 analyst reports since July 24, 2015 according to SRatingsIntel. As per Monday, June 26, the company rating was maintained by Macquarie Research. The stock of Pandora Media, Inc. (NYSE:P) has “Buy” rating given on Monday, June 26 by FBR Capital. On Monday, June 5 the stock rating was maintained by Macquarie Research with “Hold”. The stock of Pandora Media, Inc. (NYSE:P) has “Neutral” rating given on Thursday, December 17 by M Partners. FBR Capital downgraded the stock to “Mkt Perform” rating in Wednesday, October 26 report. The rating was maintained by Needham on Friday, January 29 with “Buy”. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, January 8. The firm has “Perform” rating given on Monday, June 12 by Oppenheimer. Needham maintained Pandora Media, Inc. (NYSE:P) rating on Friday, September 15. Needham has “Buy” rating and $11.0 target. The stock of Pandora Media, Inc. (NYSE:P) has “Hold” rating given on Monday, October 16 by KeyBanc Capital Markets.

Since February 16, 2018, it had 0 buys, and 5 insider sales for $299,241 activity. 12,699 Pandora Media, Inc. (NYSE:P) shares with value of $64,322 were sold by Trimble John. 11,260 shares were sold by BENE STEPHEN G, worth $57,033. Robinson Kristen sold $57,757 worth of stock or 11,403 shares. 13,582 shares were sold by Phillips Christopher W, worth $68,794.

Commerzbank Aktiengesellschaft, which manages about $8.07 billion US Long portfolio, decreased its stake in Kinross Gold Corp (NYSE:KGC) by 285,006 shares to 1.96M shares, valued at $8.46 million in 2017Q4, according to the filing. It also reduced its holding in Parsley Energy Inc (NYSE:PE) by 27,698 shares in the quarter, leaving it with 183,995 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

Investors sentiment increased to 1.04 in Q4 2017. Its up 0.12, from 0.92 in 2017Q3. It improved, as 59 investors sold P shares while 46 reduced holdings. 44 funds opened positions while 65 raised stakes. 233.88 million shares or 17.29% less from 282.75 million shares in 2017Q3 were reported. Highline Cap Mgmt LP stated it has 0.99% in Pandora Media, Inc. (NYSE:P). Waddell & Reed Fincl holds 0.11% or 9.90 million shares in its portfolio. Wellington Management Grp Inc Limited Liability Partnership holds 0% or 848,247 shares. Weiss Multi stated it has 75,000 shares. Gabelli Advisers Inc holds 0.03% or 47,000 shares in its portfolio. The New York-based Sls Mgmt Ltd Limited Liability Company has invested 9.1% in Pandora Media, Inc. (NYSE:P). D E Shaw Com holds 0% in Pandora Media, Inc. (NYSE:P) or 265,597 shares. Quantbot Tech Ltd Partnership owns 0.04% invested in Pandora Media, Inc. (NYSE:P) for 96,440 shares. Jane Street Grp Inc Lc stated it has 0.01% in Pandora Media, Inc. (NYSE:P). Teacher Retirement Systems Of Texas holds 0% or 83,059 shares. 5.61 million were reported by Ws Management Lllp. Us Savings Bank De has 0% invested in Pandora Media, Inc. (NYSE:P). Eminence LP invested 1.33% of its portfolio in Pandora Media, Inc. (NYSE:P). Ubs Asset Mngmt Americas Incorporated reported 0% of its portfolio in Pandora Media, Inc. (NYSE:P). Oz Lp owns 777,500 shares.

Among 13 analysts covering Belden Inc. (NYSE:BDC), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Belden Inc. had 27 analyst reports since July 24, 2015 according to SRatingsIntel. SunTrust upgraded Belden Inc. (NYSE:BDC) on Monday, March 26 to “Buy” rating. Stifel Nicolaus maintained Belden Inc. (NYSE:BDC) rating on Thursday, March 29. Stifel Nicolaus has “Buy” rating and $9000 target. The company was upgraded on Friday, July 31 by TheStreet. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, September 20. On Friday, December 1 the stock rating was downgraded by Cross Research to “Hold”. Suntrust Robinson downgraded the stock to “Neutral” rating in Wednesday, September 7 report. The rating was maintained by Canaccord Genuity with “Buy” on Tuesday, December 8. The company was maintained on Wednesday, October 11 by SunTrust. The firm earned “Neutral” rating on Monday, February 13 by JP Morgan. The firm has “Hold” rating by TheStreet given on Saturday, September 5.

Since February 27, 2018, it had 0 insider buys, and 2 selling transactions for $99,466 activity.

Virginia Retirement Systems Et Al, which manages about $8.47B US Long portfolio, decreased its stake in W P Carey Inc (NYSE:WPC) by 8,300 shares to 93,300 shares, valued at $6.43M in 2017Q4, according to the filing. It also reduced its holding in Rayonier Inc (NYSE:RYN) by 10,400 shares in the quarter, leaving it with 79,200 shares, and cut its stake in Mgic Invt Corp Wis (NYSE:MTG).

Pandora Media, Inc. (NYSE:P) Institutional Positions Chart

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