As Ralph Lauren Corp. (RL) Market Value Rose, Holder Zuckerman Investment Group Cut Holding; Newport Asia Trimmed Its Alibaba Group Holding (BABA) Stake by $5.74 Million

April 17, 2018 - By Vivian Currie

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Newport Asia Llc decreased its stake in Alibaba Group Holding (BABA) by 2.92% based on its latest 2017Q4 regulatory filing with the SEC. Newport Asia Llc sold 33,400 shares as the company’s stock rose 3.18% while stock markets declined. The institutional investor held 1.11 million shares of the business services company at the end of 2017Q4, valued at $191.47M, down from 1.14 million at the end of the previous reported quarter. Newport Asia Llc who had been investing in Alibaba Group Holding for a number of months, seems to be less bullish one the $460.19B market cap company. The stock increased 2.52% or $4.4 during the last trading session, reaching $179.1. About 6.28M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 17, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Zuckerman Investment Group Llc decreased its stake in Ralph Lauren Corp. (RL) by 22.73% based on its latest 2017Q4 regulatory filing with the SEC. Zuckerman Investment Group Llc sold 55,555 shares as the company’s stock rose 7.65% while stock markets declined. The institutional investor held 188,871 shares of the apparel company at the end of 2017Q4, valued at $19.58 million, down from 244,426 at the end of the previous reported quarter. Zuckerman Investment Group Llc who had been investing in Ralph Lauren Corp. for a number of months, seems to be less bullish one the $9.17 billion market cap company. The stock increased 0.70% or $0.78 during the last trading session, reaching $112.77. About 331,840 shares traded. Ralph Lauren Corporation (NYSE:RL) has risen 36.27% since April 17, 2017 and is uptrending. It has outperformed by 24.72% the S&P500.

Analysts await Ralph Lauren Corporation (NYSE:RL) to report earnings on May, 17. They expect $0.85 EPS, down 4.49% or $0.04 from last year’s $0.89 per share. RL’s profit will be $69.10 million for 33.17 P/E if the $0.85 EPS becomes a reality. After $2.03 actual EPS reported by Ralph Lauren Corporation for the previous quarter, Wall Street now forecasts -58.13% negative EPS growth.

Zuckerman Investment Group Llc, which manages about $757.08 million and $398.85M US Long portfolio, upped its stake in Scholastic Corp. (NASDAQ:SCHL) by 17,396 shares to 649,309 shares, valued at $26.04 million in 2017Q4, according to the filing. It also increased its holding in Advance Auto Parts Inc. (NYSE:AAP) by 6,801 shares in the quarter, for a total of 237,615 shares, and has risen its stake in Capital Southwest Corp. (NASDAQ:CSWC).

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.15, from 1.05 in 2017Q3. It increased, as 40 investors sold RL shares while 106 reduced holdings. 64 funds opened positions while 111 raised stakes. 57.61 million shares or 8.98% more from 52.86 million shares in 2017Q3 were reported. Pacad Invest Limited has 2,600 shares for 0.06% of their portfolio. Moon Capital LP invested in 34,455 shares or 1.1% of the stock. Jefferies Grp Inc Ltd Company reported 3,025 shares stake. Mitsubishi Ufj Tru & Banking has 114,303 shares. Adage Capital Prtn Group Limited reported 78,444 shares stake. Fmr Lc owns 474,167 shares or 0.01% of their US portfolio. Amica Mutual invested 0.16% in Ralph Lauren Corporation (NYSE:RL). Schwab Charles Mgmt invested in 0.04% or 508,133 shares. Spark Mngmt Lc has 0.1% invested in Ralph Lauren Corporation (NYSE:RL) for 17,500 shares. 145,393 are owned by Morgan Stanley. Shell Asset Mgmt Com stated it has 0.01% in Ralph Lauren Corporation (NYSE:RL). Proshare Advsrs Ltd Liability Corporation owns 0.02% invested in Ralph Lauren Corporation (NYSE:RL) for 23,222 shares. Clearbridge Invests Ltd holds 0% of its portfolio in Ralph Lauren Corporation (NYSE:RL) for 246 shares. Comerica Comml Bank reported 13,926 shares or 0.01% of all its holdings. Wellington Management Grp Limited Liability Partnership holds 153,706 shares.

Among 29 analysts covering Polo Ralph Lauren Corporation (NYSE:RL), 10 have Buy rating, 5 Sell and 14 Hold. Therefore 34% are positive. Polo Ralph Lauren Corporation had 85 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Thursday, February 2 by Telsey Advisory Group. The stock of Ralph Lauren Corporation (NYSE:RL) earned “Hold” rating by Deutsche Bank on Thursday, August 11. The stock of Ralph Lauren Corporation (NYSE:RL) has “Neutral” rating given on Thursday, September 24 by Citigroup. The stock of Ralph Lauren Corporation (NYSE:RL) has “Buy” rating given on Friday, February 5 by UBS. The company was upgraded on Wednesday, August 9 by Atlantic Securities. Telsey Advisory Group initiated it with “Outperform” rating and $142 target in Monday, October 12 report. The firm has “Positive” rating by Susquehanna given on Tuesday, November 3. The stock has “Hold” rating by Cowen & Co on Monday, October 23. Barclays Capital maintained the shares of RL in report on Monday, November 6 with “Underweight” rating. The stock of Ralph Lauren Corporation (NYSE:RL) has “Sell” rating given on Wednesday, December 13 by Bank of America.

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. As per Monday, August 14, the company rating was maintained by Jefferies. As per Monday, August 21, the company rating was maintained by Barclays Capital. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Buy” rating given on Friday, February 2 by Jefferies. As per Monday, January 29, the company rating was maintained by Morgan Stanley. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, August 13. The company was maintained on Friday, August 18 by RBC Capital Markets. The stock has “Buy” rating by M Partners on Wednesday, April 19. The rating was maintained by Deutsche Bank with “Buy” on Thursday, September 29. On Friday, August 12 the stock rating was maintained by Goldman Sachs with “Buy”. The firm earned “Buy” rating on Thursday, February 1 by Bank of America.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on May, 4 before the open. They expect $0.71 EPS, up 82.05% or $0.32 from last year’s $0.39 per share. BABA’s profit will be $1.82B for 63.06 P/E if the $0.71 EPS becomes a reality. After $1.34 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts -47.01% negative EPS growth.

Ralph Lauren Corporation (NYSE:RL) Institutional Positions Chart

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