YY (YY) Received New Instinet Rating; Aqr Capital Management Cut Its Waddell & Reed Finl (WDR) Position

January 18, 2018 - By Hazel Jackson

Aqr Capital Management Llc decreased Waddell & Reed Finl Inc (WDR) stake by 7.08% reported in 2017Q3 SEC filing. Aqr Capital Management Llc sold 42,885 shares as Waddell & Reed Finl Inc (WDR)’s stock declined 8.21%. The Aqr Capital Management Llc holds 563,148 shares with $11.30M value, down from 606,033 last quarter. Waddell & Reed Finl Inc now has $1.95B valuation. The stock increased 2.45% or $0.56 during the last trading session, reaching $23.41. About 886,594 shares traded. Waddell & Reed Financial, Inc. (NYSE:WDR) has declined 11.92% since January 18, 2017 and is downtrending. It has underperformed by 28.62% the S&P500.

Among 8 analysts covering YY Inc (NASDAQ:YY), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. YY Inc has $140.0 highest and $45 lowest target. $91’s average target is -32.56% below currents $134.94 stock price. YY Inc had 17 analyst reports since August 17, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, February 8 by Jefferies. The firm has “Buy” rating by Bank of America given on Tuesday, July 4. On Monday, July 17 the stock rating was maintained by Jefferies with “Hold”. The stock of YY Inc. (NASDAQ:YY) has “Overweight” rating given on Thursday, November 16 by JP Morgan. Jefferies maintained YY Inc. (NASDAQ:YY) rating on Friday, June 16. Jefferies has “Hold” rating and $5600 target. Jefferies maintained YY Inc. (NASDAQ:YY) rating on Monday, August 14. Jefferies has “Hold” rating and $79.0 target. Jefferies maintained it with “Hold” rating and $79.0 target in Tuesday, October 3 report. On Wednesday, November 15 the stock rating was upgraded by Jefferies to “Buy”. The stock of YY Inc. (NASDAQ:YY) has “Sector Weight” rating given on Monday, August 17 by Pacific Crest. The company was upgraded on Thursday, November 16 by J.P. Morgan.

The stock increased 2.84% or $3.73 during the last trading session, reaching $134.94. About 1.19M shares traded. YY Inc. (NASDAQ:YY) has risen 20.20% since January 18, 2017 and is uptrending. It has outperformed by 3.50% the S&P500.

YY Inc., through its subsidiaries, operates a live streaming platform in the People??s Republic of China. The company has market cap of $8.51 billion. It engages users to interact in live online group activities through voice, text, and video, as well as to create and organize groups of various sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting, and e-learning. It has a 21.72 P/E ratio. The company??s primary product is YY Client, which enables users to engage in live interactions online; and provides access to user-created online social activities groups.

Among 9 analysts covering Waddell & Reed Financial Inc. (NYSE:WDR), 0 have Buy rating, 4 Sell and 5 Hold. Therefore 0 are positive. Waddell & Reed Financial Inc. had 46 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was maintained by Bank of America on Wednesday, October 25 with “Underperform”. The company was maintained on Wednesday, February 3 by RBC Capital Markets. As per Monday, October 19, the company rating was downgraded by William Blair. Citigroup maintained the stock with “Sell” rating in Monday, October 5 report. RBC Capital Markets maintained it with “Outperform” rating and $49 target in Wednesday, October 28 report. The company was maintained on Wednesday, June 28 by Jefferies. The firm has “Hold” rating by Jefferies given on Wednesday, September 6. The firm has “Hold” rating given on Monday, September 4 by Keefe Bruyette & Woods. Citigroup maintained it with “Sell” rating and $17 target in Friday, March 11 report. The firm has “Sell” rating given on Monday, October 17 by Citigroup.

Aqr Capital Management Llc increased Vale S A (NYSE:VALE) stake by 32,911 shares to 157,532 valued at $1.59M in 2017Q3. It also upped Abiomed Inc (NASDAQ:ABMD) stake by 4,367 shares and now owns 51,131 shares. Arcbest Corp (NASDAQ:ARCB) was raised too.

Since August 3, 2017, it had 0 insider purchases, and 2 sales for $604,615 activity. $118,141 worth of Waddell & Reed Financial, Inc. (NYSE:WDR) was sold by Clouse Benjamin R on Monday, August 7. $486,474 worth of stock was sold by KOSLOFF ALAN W on Thursday, August 3.

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