Sunday, 29 April 2018

As Amdocs LTD (DOX) Stock Rose, Balyasny Asset Management Lifted by $1.48 Million Its Holding; Rivernorth Capital Management Has Lowered Mfs Multimarket Income Tr (MMT) Position by $4.37 Million; Stock Declined

Amdocs Limited (NASDAQ:DOX) Logo

Rivernorth Capital Management Llc decreased its stake in Mfs Multimarket Income Tr (MMT) by 74.23% based on its latest 2017Q4 regulatory filing with the SEC. Rivernorth Capital Management Llc sold 728,411 shares as the company’s stock declined 4.67% with the market. The institutional investor held 252,833 shares of the company at the end of 2017Q4, valued at $1.54 million, down from 981,244 at the end of the previous reported quarter. Rivernorth Capital Management Llc who had been investing in Mfs Multimarket Income Tr for a number of months, seems to be less bullish one the $402.35M market cap company. The stock decreased 0.18% or $0.01 during the last trading session, reaching $5.69. About 166,155 shares traded or 5.03% up from the average. MFS Multimarket Income Trust (NYSE:MMT) has declined 3.66% since April 29, 2017 and is downtrending. It has underperformed by 15.21% the S&P500.

Dmitry Balyasny increased its stake in Amdocs Ltd (DOX) by 14.82% based on its latest 2017Q4 regulatory filing with the SEC. Balyasny Asset Management Llc bought 22,705 shares as the company’s stock rose 0.29% while stock markets declined. The hedge fund run by Dmitry Balyasny held 175,957 shares of the edp services company at the end of 2017Q4, valued at $11.52 million, up from 153,252 at the end of the previous reported quarter. Balyasny Asset Management Llc who had been investing in Amdocs Ltd for a number of months, seems to be bullish on the $9.66 billion market cap company. The stock increased 0.16% or $0.11 during the last trading session, reaching $67.38. About 503,653 shares traded. Amdocs Limited (NASDAQ:DOX) has risen 6.08% since April 29, 2017 and is uptrending. It has underperformed by 5.47% the S&P500.

Balyasny Asset Management Llc, which manages about $14.49B and $32.00B US Long portfolio, decreased its stake in Air Products & Chemicals Inc (NYSE:APD) by 6,838 shares to 28,584 shares, valued at $4.69 million in 2017Q4, according to the filing. It also reduced its holding in Usg Corp (NYSE:USG) by 10,307 shares in the quarter, leaving it with 5,866 shares, and cut its stake in Six Flags Entertainment Corp (NYSE:SIX).

Among 7 analysts covering Amdocs (NASDAQ:DOX), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Amdocs had 22 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Amdocs Limited (NASDAQ:DOX) earned “Buy” rating by Oppenheimer on Thursday, December 14. On Wednesday, November 11 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Buy” rating on Wednesday, July 27 by Citigroup. As per Tuesday, June 27, the company rating was maintained by Stifel Nicolaus. The firm earned “Hold” rating on Friday, June 16 by Jefferies. Barclays Capital downgraded the stock to “Equal Weight” rating in Thursday, November 12 report. On Thursday, January 28 the stock rating was upgraded by Bank of America to “Buy”. The firm earned “Buy” rating on Thursday, August 3 by Stifel Nicolaus. The stock of Amdocs Limited (NASDAQ:DOX) earned “Hold” rating by Jefferies on Wednesday, October 11. On Thursday, July 30 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Amdocs Limited (NASDAQ:DOX) Ratings Chart

The post As Amdocs LTD (DOX) Stock Rose, Balyasny Asset Management Lifted by $1.48 Million Its Holding; Rivernorth Capital Management Has Lowered Mfs Multimarket Income Tr (MMT) Position by $4.37 Million; Stock Declined appeared first on Stock Market News | HillCountryTimes | Get it Today.



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