Wednesday, 31 January 2018

Vontobel Asset Management Decreased Alibaba Group Hldg LTD (BABA) Position By $219.77 Million; Piedmont Investment Advisors Has Trimmed Synnex Com (SNX) Holding

Vontobel Asset Management Inc decreased Alibaba Group Hldg Ltd (BABA) stake by 11.94% reported in 2017Q3 SEC filing. Vontobel Asset Management Inc sold 1.26 million shares as Alibaba Group Hldg Ltd (BABA)’s stock rose 22.58%. The Vontobel Asset Management Inc holds 9.26M shares with $1.62B value, down from 10.51M last quarter. Alibaba Group Hldg Ltd now has $512.29B valuation. The stock decreased 1.65% or $3.35 during the last trading session, reaching $199.66. About 23.38 million shares traded or 13.61% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 31, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Piedmont Investment Advisors Llc decreased Synnex Corp Com (SNX) stake by 30.28% reported in 2017Q3 SEC filing. Piedmont Investment Advisors Llc sold 5,021 shares as Synnex Corp Com (SNX)’s stock declined 8.02%. The Piedmont Investment Advisors Llc holds 11,563 shares with $1.46 million value, down from 16,584 last quarter. Synnex Corp Com now has $4.88B valuation. The stock decreased 0.38% or $0.46 during the last trading session, reaching $121.65. About 367,570 shares traded or 76.11% up from the average. SYNNEX Corporation (NYSE:SNX) has risen 29.93% since January 31, 2017 and is uptrending. It has outperformed by 13.23% the S&P500.

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 161 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Buy” on Monday, November 13. Atlantic Securities downgraded the stock to “Overweight” rating in Thursday, August 13 report. The company was maintained on Monday, April 25 by Deutsche Bank. The company was maintained on Thursday, July 13 by Jefferies. RBC Capital Markets maintained it with “Buy” rating and $16000 target in Monday, August 14 report. The rating was upgraded by Macquarie Research on Friday, August 12 to “Outperform”. The rating was upgraded by Zacks to “Strong Sell” on Tuesday, September 1. Morgan Stanley maintained the shares of BABA in report on Monday, January 25 with “Overweight” rating. Bank of America maintained the shares of BABA in report on Monday, October 16 with “Buy” rating. Credit Suisse maintained the stock with “Outperform” rating in Friday, August 12 report.

Vontobel Asset Management Inc increased Tjx Cos Inc New (NYSE:TJX) stake by 207,731 shares to 2.33 million valued at $175.93M in 2017Q3. It also upped Facebook Inc (NASDAQ:FB) stake by 25,114 shares and now owns 1.70M shares. Vipshop Hldgs Ltd (NYSE:VIPS) was raised too.

Piedmont Investment Advisors Llc increased Comcast Corp New Cl A (NASDAQ:CMCSA) stake by 40,352 shares to 1.35 million valued at $51.91 million in 2017Q3. It also upped United Rentals Inc. (NYSE:URI) stake by 4,700 shares and now owns 11,545 shares. General Electric Co Com (NYSE:GE) was raised too.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.06, from 1.14 in 2017Q2. It dropped, as 16 investors sold SNX shares while 77 reduced holdings. 30 funds opened positions while 70 raised stakes. 28.38 million shares or 0.39% more from 28.27 million shares in 2017Q2 were reported. Moreover, Origin Asset Limited Liability Partnership has 0.6% invested in SYNNEX Corporation (NYSE:SNX) for 77,668 shares. Retirement Of Alabama reported 37,621 shares. Bahl & Gaynor Inc owns 23,336 shares. Brandywine Ltd Liability Co owns 153,513 shares. Hl Fin Limited Liability Corp has invested 0.07% in SYNNEX Corporation (NYSE:SNX). Moreover, California State Teachers Retirement has 0.01% invested in SYNNEX Corporation (NYSE:SNX) for 47,774 shares. Point72 Asia (Hong Kong) Limited invested in 108 shares. Tudor Inv Et Al accumulated 0.03% or 10,708 shares. Dimensional Fund Limited Partnership invested 0.11% of its portfolio in SYNNEX Corporation (NYSE:SNX). Boston invested in 265,777 shares or 0.04% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 1,122 shares. Symphony Asset Mngmt Limited Liability invested 0.1% in SYNNEX Corporation (NYSE:SNX). The California-based Wells Fargo Mn has invested 0% in SYNNEX Corporation (NYSE:SNX). Teachers Retirement Sys Of The State Of Kentucky accumulated 7,050 shares or 0.01% of the stock. Canada Pension Plan Inv Board invested 0% of its portfolio in SYNNEX Corporation (NYSE:SNX).

The post Vontobel Asset Management Decreased Alibaba Group Hldg LTD (BABA) Position By $219.77 Million; Piedmont Investment Advisors Has Trimmed Synnex Com (SNX) Holding appeared first on Stock Market News | HillCountryTimes | Get it Today.



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