Kemnay Advisory Services Inc increased its stake in Alibaba Group Hldg Ltd (BABA) by 57.44% based on its latest 2017Q3 regulatory filing with the SEC. Kemnay Advisory Services Inc bought 29,184 shares as the company’s stock rose 22.58% with the market. The institutional investor held 79,995 shares of the business services company at the end of 2017Q3, valued at $13.82 million, up from 50,811 at the end of the previous reported quarter. Kemnay Advisory Services Inc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $442.43 billion market cap company. The stock increased 0.08% or $0.13 during the last trading session, reaching $172.43. About 9.70 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since December 30, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.
Numina Capital Management Llc increased its stake in Hrg Group Inc (HRG) by 3.59% based on its latest 2017Q3 regulatory filing with the SEC. Numina Capital Management Llc bought 218,351 shares as the company’s stock declined 0.45% while stock markets rallied. The institutional investor held 6.30 million shares of the miscellaneous company at the end of 2017Q3, valued at $98.30M, up from 6.08 million at the end of the previous reported quarter. Numina Capital Management Llc who had been investing in Hrg Group Inc for a number of months, seems to be bullish on the $3.37 billion market cap company. The stock decreased 0.18% or $0.03 during the last trading session, reaching $16.95. About 929,169 shares traded. HRG Group, Inc. (NYSE:HRG) has risen 28.87% since December 30, 2016 and is uptrending. It has outperformed by 12.17% the S&P500.
Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 156 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, June 21 by Goldman Sachs. The rating was maintained by Bank of America with “Buy” on Thursday, September 7. The firm earned “Buy” rating on Thursday, August 17 by Suntrust Robinson. Oppenheimer maintained the shares of BABA in report on Tuesday, August 22 with “Buy” rating. The company was maintained on Thursday, November 2 by Robert W. Baird. The rating was maintained by Brean Capital with “Buy” on Friday, January 29. As per Monday, April 25, the company rating was maintained by Deutsche Bank. The stock has “Buy” rating by Robert W. Baird on Friday, October 27. As per Monday, November 6, the company rating was maintained by Oppenheimer. Credit Suisse maintained the stock with “Outperform” rating in Friday, August 12 report.
Numina Capital Management Llc, which manages about $258.10 million and $743.54M US Long portfolio, decreased its stake in Par Pacific Holdings Inc (NYSEMKT:PARR) by 93,300 shares to 488,202 shares, valued at $10.16 million in 2017Q3, according to the filing. It also reduced its holding in Dish Network Corp (Call) (NASDAQ:DISH) by 22,294 shares in the quarter, leaving it with 150,000 shares, and cut its stake in Dell Technologies Inc.
The post Hrg Group (HRG) Shareholder Numina Capital Management Boosted Its Holding; Alibaba Group Hldg LTD (BABA) Stake Has Lifted by Kemnay Advisory Services Inc appeared first on Stock Market News | HillCountryTimes | Get it Today.
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