Freshford Capital Management Upped Its Akamai Technologies (AKAM) Stake; Oaktree Capital Group, (OAK) Had 2 Analysts Last Week

January 14, 2018 - By Kurt Siggers

Freshford Capital Management Llc increased Akamai Technologies Inc (AKAM) stake by 13.64% reported in 2017Q3 SEC filing. Freshford Capital Management Llc acquired 68,196 shares as Akamai Technologies Inc (AKAM)’s stock declined 24.00%. The Freshford Capital Management Llc holds 568,196 shares with $27.68 million value, up from 500,000 last quarter. Akamai Technologies Inc now has $11.08B valuation. The stock increased 0.48% or $0.31 during the last trading session, reaching $65.52. About 1.08 million shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has declined 6.51% since January 14, 2017 and is downtrending. It has underperformed by 23.21% the S&P500.

Among 9 analysts covering Oaktree Capital Group (NYSE:OAK), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Oaktree Capital Group had 26 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Oaktree Capital Group, LLC (NYSE:OAK) earned “Hold” rating by Oppenheimer on Thursday, July 27. The rating was downgraded by Bank of America to “Neutral” on Friday, December 16. The firm earned “Hold” rating on Tuesday, July 18 by Oppenheimer. The rating was downgraded by Goldman Sachs on Friday, July 28 to “Hold”. The firm has “Neutral” rating given on Monday, November 2 by JP Morgan. The stock of Oaktree Capital Group, LLC (NYSE:OAK) earned “Hold” rating by Oppenheimer on Thursday, June 29. The company was maintained on Friday, August 11 by Keefe Bruyette & Woods. The stock has “Buy” rating by Keefe Bruyette & Woods on Wednesday, September 20. The rating was initiated by Oppenheimer with “Perform” on Tuesday, December 6. The rating was downgraded by Deutsche Bank on Tuesday, December 20 to “Hold”. See Oaktree Capital Group, LLC (NYSE:OAK) latest ratings:

20/09/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $53.0 Maintain
11/08/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $53.0000 Maintain
08/08/2017 Broker: Morgan Stanley Rating: Outperform Old Target: $54 New Target: $55 Maintain
28/07/2017 Broker: Goldman Sachs Rating: Hold New Target: $49.0000 Downgrade
27/07/2017 Broker: Oppenheimer Rating: Hold Maintain
18/07/2017 Broker: Oppenheimer Rating: Hold Maintain

Since August 18, 2017, it had 0 insider buys, and 1 sale for $778,559 activity. Another trade for 16,666 shares valued at $778,559 was made by Frank John on Friday, August 18.

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.15, from 1.23 in 2017Q2. It worsened, as 17 investors sold Oaktree Capital Group, LLC shares while 49 reduced holdings. 20 funds opened positions while 51 raised stakes. 34.64 million shares or 3.10% more from 33.59 million shares in 2017Q2 were reported. Da Davidson Company owns 49,429 shares. Thrivent Fin For Lutherans holds 0% or 600 shares. Kornitzer Cap Mngmt Incorporated Ks reported 63,885 shares stake. Quinn Opportunity Ltd Liability Company stated it has 129,920 shares or 0.96% of all its holdings. Hollow Brook Wealth Mngmt Limited Liability Company reported 67,808 shares. Brown Advisory reported 41,117 shares or 0.01% of all its holdings. 26,406 were reported by Guyasuta Inv. Morgan Stanley reported 2.05M shares. Walleye Trading Llc holds 5,437 shares or 0% of its portfolio. Manufacturers Life Insurance Communication The holds 4,919 shares or 0% of its portfolio. Baltimore holds 1.26% or 117,822 shares in its portfolio. Boston Prns holds 98,054 shares or 0.01% of its portfolio. Barrett Asset Llc invested 0% in Oaktree Capital Group, LLC (NYSE:OAK). Hl Fincl Ser Limited Liability Corporation stated it has 0.01% in Oaktree Capital Group, LLC (NYSE:OAK). 83,500 are owned by Arrowmark Colorado.

Oaktree Capital Group, LLC operates as a global investment management firm that focuses on alternative markets. The company has market cap of $6.95 billion. It manage investments in a number of strategies within six asset classes, including distressed debt; corporate debt, including high yield debt and senior loans; control investing; convertible securities; real estate; and listed equities. It has a 10.2 P/E ratio. The firm pursues these strategies through closed-end, open-end, and evergreen funds.

The stock decreased 1.11% or $0.5 during the last trading session, reaching $44.45. About 247,490 shares traded or 6.01% up from the average. Oaktree Capital Group, LLC (NYSE:OAK) has risen 0.83% since January 14, 2017 and is uptrending. It has underperformed by 15.87% the S&P500.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.24, from 0.75 in 2017Q2. It increased, as 51 investors sold AKAM shares while 138 reduced holdings. 38 funds opened positions while 150 raised stakes. 138.17 million shares or 0.41% less from 138.74 million shares in 2017Q2 were reported. Cambridge invested in 0% or 5,819 shares. Ameriprise Fin holds 0.01% or 514,062 shares in its portfolio. 305,561 were reported by Millennium Mgmt Lc. Jp Marvel Inv Advsrs Ltd Liability Com owns 73,164 shares. Shell Asset Mgmt invested in 0.03% or 26,671 shares. Parametric Associates Ltd Llc holds 312,087 shares or 0.02% of its portfolio. Nuveen Asset Mngmt Llc reported 0% in Akamai Technologies, Inc. (NASDAQ:AKAM). Sei Invs holds 0.01% or 66,485 shares. 119,312 are owned by Highbridge Mngmt Lc. Calamos Advisors Ltd Co has invested 0.02% in Akamai Technologies, Inc. (NASDAQ:AKAM). Gargoyle Investment Advisor Limited invested 0.22% in Akamai Technologies, Inc. (NASDAQ:AKAM). Goldman Sachs Gp has 0.02% invested in Akamai Technologies, Inc. (NASDAQ:AKAM). Engineers Gate Manager LP holds 0.12% in Akamai Technologies, Inc. (NASDAQ:AKAM) or 30,024 shares. Asset Mgmt One Comm Limited, a Japan-based fund reported 263,454 shares. Acadian Asset Management Ltd Co reported 468 shares or 0% of all its holdings.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: