Activision Blizzard (ATVI) Holder Victory Capital Management Trimmed Its Stake by $7.59 Million; Xpo Logistics (XPO) Stock Value Rose While Motley Fool Asset Management Has Decreased Holding by $16.93 Million

April 22, 2018 - By Vivian Currie

Activision Blizzard, Inc. (NASDAQ:ATVI) Logo

Motley Fool Asset Management Llc decreased its stake in Xpo Logistics Inc (XPO) by 46.38% based on its latest 2017Q4 regulatory filing with the SEC. Motley Fool Asset Management Llc sold 186,000 shares as the company’s stock rose 9.61% while stock markets declined. The institutional investor held 215,000 shares of the consumer services company at the end of 2017Q4, valued at $19.69 million, down from 401,000 at the end of the previous reported quarter. Motley Fool Asset Management Llc who had been investing in Xpo Logistics Inc for a number of months, seems to be less bullish one the $12.53 billion market cap company. The stock decreased 1.84% or $1.96 during the last trading session, reaching $104.44. About 1.40M shares traded. XPO Logistics, Inc. (NYSE:XPO) has risen 113.78% since April 22, 2017 and is uptrending. It has outperformed by 102.23% the S&P500.

Victory Capital Management Inc decreased its stake in Activision Blizzard Inc (ATVI) by 11.36% based on its latest 2017Q4 regulatory filing with the SEC. Victory Capital Management Inc sold 120,474 shares as the company’s stock rose 2.76% while stock markets declined. The institutional investor held 940,403 shares of the technology company at the end of 2017Q4, valued at $59.55M, down from 1.06M at the end of the previous reported quarter. Victory Capital Management Inc who had been investing in Activision Blizzard Inc for a number of months, seems to be less bullish one the $50.30B market cap company. The stock decreased 2.04% or $1.38 during the last trading session, reaching $66.3. About 4.17 million shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 34.46% since April 22, 2017 and is uptrending. It has outperformed by 22.91% the S&P500.

Among 21 analysts covering XPO Logistics (NYSE:XPO), 19 have Buy rating, 0 Sell and 2 Hold. Therefore 90% are positive. XPO Logistics had 76 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Buy” rating by Oppenheimer on Thursday, October 12. JP Morgan maintained the shares of XPO in report on Thursday, October 12 with “Overweight” rating. Citigroup maintained XPO Logistics, Inc. (NYSE:XPO) on Wednesday, July 5 with “Buy” rating. Citigroup maintained the stock with “Buy” rating in Tuesday, December 26 report. As per Wednesday, August 23, the company rating was maintained by Stifel Nicolaus. The stock of XPO Logistics, Inc. (NYSE:XPO) earned “Buy” rating by KeyBanc Capital Markets on Tuesday, September 5. As per Monday, January 8, the company rating was maintained by Susquehanna. On Wednesday, September 30 the stock rating was maintained by Oppenheimer with “Outperform”. The stock of XPO Logistics, Inc. (NYSE:XPO) has “Overweight” rating given on Monday, July 17 by Morgan Stanley. Cowen & Co maintained the shares of XPO in report on Friday, August 5 with “Outperform” rating.

Motley Fool Asset Management Llc, which manages about $658.75 million and $462.70M US Long portfolio, upped its stake in Grubhub Inc by 20,000 shares to 75,000 shares, valued at $5.39M in 2017Q4, according to the filing. It also increased its holding in Church & Dwight Co Inc (NYSE:CHD) by 20,000 shares in the quarter, for a total of 66,600 shares, and has risen its stake in Splunk Inc (NASDAQ:SPLK).

Investors sentiment decreased to 1.42 in Q4 2017. Its down 0.41, from 1.83 in 2017Q3. It dropped, as 43 investors sold XPO shares while 95 reduced holdings. 84 funds opened positions while 112 raised stakes. 98.73 million shares or 2.06% more from 96.74 million shares in 2017Q3 were reported. Blair William & Il reported 58,705 shares or 0.04% of all its holdings. Smithfield Tru stated it has 568 shares. Neuberger Berman Gp holds 4,988 shares or 0% of its portfolio. The Massachusetts-based Boston has invested 0.01% in XPO Logistics, Inc. (NYSE:XPO). Raymond James Trust Na holds 0.02% or 3,426 shares. 56,429 are held by Jane Street Gru Ltd. 14,015 are held by Great West Life Assurance Co Can. Dekabank Deutsche Girozentrale holds 0.05% or 104,950 shares. Lord Abbett & Ltd Liability reported 2.16 million shares. Tdam Usa Incorporated has 0.05% invested in XPO Logistics, Inc. (NYSE:XPO) for 9,317 shares. Advisory Incorporated accumulated 28,819 shares. Moreover, Nuveen Asset Mngmt Ltd Liability Com has 0.11% invested in XPO Logistics, Inc. (NYSE:XPO). Ngam Advsr Lp stated it has 0.02% of its portfolio in XPO Logistics, Inc. (NYSE:XPO). Northern Tru Corp invested in 0.01% or 518,556 shares. Ubs Asset Mngmt Americas holds 0.01% or 94,997 shares.

Analysts await XPO Logistics, Inc. (NYSE:XPO) to report earnings on May, 2 after the close. They expect $0.53 earnings per share, up 76.67% or $0.23 from last year’s $0.3 per share. XPO’s profit will be $63.57M for 49.26 P/E if the $0.53 EPS becomes a reality. After $0.45 actual earnings per share reported by XPO Logistics, Inc. for the previous quarter, Wall Street now forecasts 17.78% EPS growth.

Since February 16, 2018, it had 0 insider purchases, and 7 sales for $157.83 million activity. MORGADO ROBERT J also sold $1.42M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) on Friday, February 23. $5.41 million worth of Activision Blizzard, Inc. (NASDAQ:ATVI) was sold by Durkin Dennis M on Monday, March 12. CORTI ROBERT J had sold 88,000 shares worth $6.15M. KELLY BRIAN G also sold $120.10 million worth of Activision Blizzard, Inc. (NASDAQ:ATVI) shares. Another trade for 19,761 shares valued at $1.40M was sold by ZACCONI RICCARDO. Another trade for 120,521 shares valued at $8.72 million was sold by Wereb Stephen G.

Among 30 analysts covering Activision Blizzard (NASDAQ:ATVI), 24 have Buy rating, 0 Sell and 6 Hold. Therefore 80% are positive. Activision Blizzard had 131 analyst reports since July 28, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $77.0 target in Thursday, February 1 report. The firm has “Buy” rating given on Wednesday, August 5 by Brean Capital. The firm has “Buy” rating given on Friday, February 9 by Piper Jaffray. The stock has “Buy” rating by Stifel Nicolaus on Friday, February 10. The company was maintained on Wednesday, November 4 by Mizuho. The rating was maintained by Piper Jaffray on Monday, August 10 with “Overweight”. The rating was maintained by Piper Jaffray with “Buy” on Monday, January 22. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Overweight” rating given on Friday, November 3 by Morgan Stanley. The rating was maintained by Argus Research with “Buy” on Wednesday, November 11. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Buy” rating by Cowen & Co on Monday, July 10.

Victory Capital Management Inc, which manages about $35.27B and $47.51B US Long portfolio, upped its stake in Nucor Corp (NYSE:NUE) by 10,358 shares to 111,496 shares, valued at $7.09M in 2017Q4, according to the filing. It also increased its holding in Audentes Therapeutics Inc by 16,500 shares in the quarter, for a total of 87,674 shares, and has risen its stake in Caleres Inc.

XPO Logistics, Inc. (NYSE:XPO) Institutional Positions Chart

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