As Herbalife LTD (HLF) Market Value Rose, Owl Creek Asset Management LP Decreased Stake by $47.99 Million; Electronic Arts (EA) Holder Dsm Capital Partners Decreased Its Position by $35.21 Million as Stock Price Rose

February 23, 2018 - By Vivian Park

Dsm Capital Partners Llc decreased its stake in Electronic Arts (EA) by 13.84% based on its latest 2017Q3 regulatory filing with the SEC. Dsm Capital Partners Llc sold 298,376 shares as the company’s stock rose 23.30% with the market. The hedge fund held 1.86M shares of the prepackaged software company at the end of 2017Q3, valued at $219.33M, down from 2.16M at the end of the previous reported quarter. Dsm Capital Partners Llc who had been investing in Electronic Arts for a number of months, seems to be less bullish one the $38.22B market cap company. The stock decreased 0.23% or $0.29 during the last trading session, reaching $124.61. About 1.92M shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since February 23, 2017 and is uptrending. It has outperformed by 29.75% the S&P500.

Jeffrey Altman decreased its stake in Herbalife Ltd (HLF) by 67.14% based on its latest 2017Q3 regulatory filing with the SEC. Owl Creek Asset Management Lp sold 716,200 shares as the company’s stock rose 17.28% with the market. The hedge fund run by Jeffrey Altman held 350,576 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $23.78 million, down from 1.07M at the end of the previous reported quarter. Owl Creek Asset Management Lp who had been investing in Herbalife Ltd for a number of months, seems to be less bullish one the $6.87 billion market cap company. The stock increased 0.23% or $0.19 during the last trading session, reaching $83.13. About 1.09M shares traded or 12.04% up from the average. Herbalife Ltd. (NYSE:HLF) has risen 20.65% since February 23, 2017 and is uptrending. It has outperformed by 3.95% the S&P500.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.10, from 0.79 in 2017Q2. It is positive, as 37 investors sold HLF shares while 56 reduced holdings. 30 funds opened positions while 53 raised stakes. 95.88 million shares or 1.95% less from 97.79 million shares in 2017Q2 were reported. Gateway Inv Advisers Limited Liability reported 47,115 shares. Commerzbank Aktiengesellschaft Fi invested in 0.06% or 71,881 shares. Leucadia National holds 11,840 shares. Blair William Il has 0% invested in Herbalife Ltd. (NYSE:HLF). Alyeska Inv Grp Lp invested in 510,209 shares. Capstone Advsr Ltd Company accumulated 300 shares or 0% of the stock. Acadian Asset Ltd reported 12 shares. Metropolitan Life Insurance has 5,172 shares for 0% of their portfolio. Arrowgrass Capital Prtn (Us) L P, a New York-based fund reported 125,983 shares. The Netherlands-based Apg Asset Mngmt Nv has invested 0.01% in Herbalife Ltd. (NYSE:HLF). Balyasny Asset Mgmt Limited Com owns 20,400 shares or 0.01% of their US portfolio. Voya Mgmt Limited Liability Corporation holds 0% or 26,165 shares in its portfolio. Virginia Retirement Et Al invested 0.01% in Herbalife Ltd. (NYSE:HLF). Oberndorf William E invested in 10.43% or 195,660 shares. Sei Company, Pennsylvania-based fund reported 26,156 shares.

Among 7 analysts covering Herbalife (NYSE:HLF), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Herbalife had 23 analyst reports since August 6, 2015 according to SRatingsIntel. Tigress Financial maintained the stock with “Buy” rating in Thursday, August 3 report. The rating was maintained by Citigroup with “Neutral” on Tuesday, October 3. On Wednesday, July 19 the stock rating was maintained by Pivotal Research with “Buy”. Pivotal Research maintained the shares of HLF in report on Friday, May 5 with “Buy” rating. The firm has “Buy” rating given on Wednesday, November 4 by Pivotal Research. The company was initiated on Tuesday, July 21 by Sterne Agee CRT. The firm has “Hold” rating given on Friday, August 7 by Zacks. Barclays Capital maintained it with “Overweight” rating and $64 target in Tuesday, August 4 report. On Monday, August 31 the stock rating was downgraded by Vetr to “Buy”. The firm has “Buy” rating by Pivotal Research given on Tuesday, August 4.

Owl Creek Asset Management Lp, which manages about $6.06 billion and $1.80B US Long portfolio, upped its stake in Cott Corp Que (NYSE:COT) by 317,563 shares to 3.06M shares, valued at $45.91M in 2017Q3, according to the filing.

Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on May, 8. They expect $0.99 EPS, up 70.69% or $0.41 from last year’s $0.58 per share. EA’s profit will be $303.66M for 31.47 P/E if the $0.99 EPS becomes a reality. After $2.06 actual EPS reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts -51.94% negative EPS growth.

Investors sentiment increased to 1.15 in 2017 Q3. Its up 0.12, from 1.03 in 2017Q2. It increased, as 35 investors sold EA shares while 217 reduced holdings. 72 funds opened positions while 218 raised stakes. 281.04 million shares or 1.59% less from 285.59 million shares in 2017Q2 were reported. Chevy Chase Trust Inc invested in 270,607 shares or 0.14% of the stock. Sigma Planning Corp accumulated 0.03% or 2,620 shares. Korea Investment has 137,200 shares. The North Carolina-based Sterling Capital Management Ltd Liability Co has invested 0.03% in Electronic Arts Inc. (NASDAQ:EA). California-based Kcm Invest Advsr Limited Liability has invested 0.02% in Electronic Arts Inc. (NASDAQ:EA). Clifford Swan Counsel Limited Liability Com reported 3,065 shares. Clarivest Asset Ltd Liability Corporation holds 354,732 shares or 0.93% of its portfolio. Walleye Trading has invested 0.02% in Electronic Arts Inc. (NASDAQ:EA). Tobam reported 2.34% stake. Polar Cap Llp owns 267,468 shares or 0.36% of their US portfolio. Private Na owns 2,500 shares. Ellington Mgmt Group Incorporated Lc holds 0.09% or 4,600 shares. Cibc Mkts, Ontario – Canada-based fund reported 2,271 shares. Prudential Inc owns 1.44 million shares for 0.28% of their portfolio. Alkeon Mngmt Ltd Com holds 1.96% in Electronic Arts Inc. (NASDAQ:EA) or 2.25 million shares.

Since August 30, 2017, it had 0 insider buys, and 31 sales for $22.28 million activity. Another trade for 10,500 shares valued at $1.25 million was sold by Jorgensen Blake J. On Friday, October 20 Schatz Jacob J. sold $113,600 worth of Electronic Arts Inc. (NASDAQ:EA) or 1,000 shares. On Friday, February 16 Warren Denise sold $125,584 worth of Electronic Arts Inc. (NASDAQ:EA) or 1,000 shares. Soderlund Patrick also sold $641,514 worth of Electronic Arts Inc. (NASDAQ:EA) on Thursday, February 1. Bruzzo Chris sold $192,462 worth of stock. Another trade for 750 shares valued at $81,113 was sold by Miele Laura.

Dsm Capital Partners Llc, which manages about $5.78 billion and $7.05 billion US Long portfolio, upped its stake in Microsoft (NASDAQ:MSFT) by 203,090 shares to 2.95 million shares, valued at $219.49 million in 2017Q3, according to the filing. It also increased its holding in Blackrock (NYSE:BLK) by 37,911 shares in the quarter, for a total of 45,444 shares, and has risen its stake in Allergan Plc.

Among 27 analysts covering Electronic Arts (NASDAQ:EA), 24 have Buy rating, 0 Sell and 3 Hold. Therefore 89% are positive. Electronic Arts had 92 analyst reports since July 28, 2015 according to SRatingsIntel. Jefferies maintained the shares of EA in report on Wednesday, November 1 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 6. Oppenheimer maintained the stock with “Outperform” rating in Friday, October 14 report. The company was maintained on Wednesday, November 2 by Benchmark. As per Monday, June 12, the company rating was maintained by Jefferies. On Wednesday, October 18 the stock rating was maintained by Bank of America with “Buy”. The firm has “Long-Term Buy” rating given on Wednesday, March 30 by Hilliard Lyons. The rating was maintained by Stifel Nicolaus on Monday, October 17 with “Buy”. Bank of America upgraded the stock to “Buy” rating in Friday, January 15 report. On Wednesday, November 1 the stock rating was maintained by Robert W. Baird with “Buy”.

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