Rbf Capital Holding in Vmware (VMW) Trimmed by $870,000; Sothebys (BID) Stock Price Rose While Prudential Financial Has Boosted Its Stake

December 15, 2017 - By Michael Collier

Prudential Financial Inc increased its stake in Sothebys (BID) by 802.17% based on its latest 2017Q2 regulatory filing with the SEC. Prudential Financial Inc bought 331,849 shares as the company’s stock rose 22.01% with the market. The institutional investor held 373,218 shares of the business services company at the end of 2017Q2, valued at $20.03 million, up from 41,369 at the end of the previous reported quarter. Prudential Financial Inc who had been investing in Sothebys for a number of months, seems to be bullish on the $2.70 billion market cap company. The stock increased 2.04% or $1.03 during the last trading session, reaching $51.4. About 266,813 shares traded. Sotheby's (NYSE:BID) has risen 78.16% since December 15, 2016 and is uptrending. It has outperformed by 61.46% the S&P500.

Rbf Capital Llc decreased its stake in Vmware Inc (VMW) by 40% based on its latest 2017Q2 regulatory filing with the SEC. Rbf Capital Llc sold 10,000 shares as the company’s stock rose 1.43% with the market. The institutional investor held 15,000 shares of the technology company at the end of 2017Q2, valued at $1.31 million, down from 25,000 at the end of the previous reported quarter. Rbf Capital Llc who had been investing in Vmware Inc for a number of months, seems to be less bullish one the $49.95B market cap company. The stock increased 2.19% or $2.65 during the last trading session, reaching $123.9. About 1.26 million shares traded. VMware, Inc. (NYSE:VMW) has risen 57.35% since December 15, 2016 and is uptrending. It has outperformed by 40.65% the S&P500.

Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.61, from 1.44 in 2017Q1. It is negative, as 29 investors sold BID shares while 80 reduced holdings. 33 funds opened positions while 57 raised stakes. 46.43 million shares or 2.58% less from 47.66 million shares in 2017Q1 were reported. Retail Bank Of Mellon reported 594,804 shares stake. Weaver C Barksdale & Assoc reported 93 shares. Benjamin F Edwards Company Inc invested in 100 shares. Matarin Capital Mgmt Ltd Liability invested 0% of its portfolio in Sotheby's (NYSE:BID). Bluecrest Capital Mgmt Ltd accumulated 20,606 shares. Plante Moran Fincl Advsr Ltd Liability Corporation owns 28 shares for 0% of their portfolio. Moreover, Canada Pension Plan Invest Board has 0.01% invested in Sotheby's (NYSE:BID) for 115,140 shares. 110,456 are held by Barrow Hanley Mewhinney And Strauss Ltd Limited Liability Company. State Board Of Administration Of Florida Retirement System holds 30,050 shares. Neuberger Berman Lc accumulated 132,761 shares. 45,491 are owned by Barclays Public Lc. Vanguard Gp Incorporated has invested 0.01% of its portfolio in Sotheby's (NYSE:BID). Pnc Fincl Gru accumulated 0% or 789 shares. Amer Grp holds 0.02% or 116,348 shares. Fuller & Thaler Asset Mgmt Incorporated stated it has 766,271 shares.

Prudential Financial Inc, which manages about $67.22B US Long portfolio, decreased its stake in Affiliated Managers Group (NYSE:AMG) by 3,257 shares to 79,549 shares, valued at $13.19M in 2017Q2, according to the filing. It also reduced its holding in V F Corp (NYSE:VFC) by 12,227 shares in the quarter, leaving it with 476,651 shares, and cut its stake in Zimmer Biomet Hldgs Inc (ZMH).

Among 10 analysts covering Sotheby’s (NYSE:BID), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Sotheby’s had 16 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was downgraded by Sitfel to “Hold” on Thursday, February 11. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, December 18. The stock of Sotheby's (NYSE:BID) has “Hold” rating given on Thursday, April 14 by Standpoint Research. The stock has “Mkt Perform” rating by Barrington Research on Friday, February 26. Cowen & Co maintained Sotheby's (NYSE:BID) on Friday, November 3 with “Buy” rating. The company was downgraded on Thursday, February 11 by Stifel Nicolaus. The rating was maintained by Cowen & Co with “Buy” on Thursday, September 28. The stock of Sotheby's (NYSE:BID) earned “Hold” rating by TheStreet on Tuesday, July 28. The firm earned “Outperform” rating on Friday, December 16 by Cowen & Co. On Tuesday, November 10 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Rbf Capital Llc, which manages about $762.46 million US Long portfolio, upped its stake in Lumber Liquidators Hldgs Inc (NYSE:LL) by 15,000 shares to 105,100 shares, valued at $2.63 million in 2017Q2, according to the filing. It also increased its holding in Coca Cola Co (NYSE:KO) by 9,900 shares in the quarter, for a total of 130,000 shares, and has risen its stake in Allergan Plc.

Among 46 analysts covering VMware Inc (NYSE:VMW), 20 have Buy rating, 0 Sell and 26 Hold. Therefore 43% are positive. VMware Inc had 157 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, August 25 by Bank of America. Jefferies maintained VMware, Inc. (NYSE:VMW) rating on Thursday, November 30. Jefferies has “Buy” rating and $140.0 target. Mizuho downgraded VMware, Inc. (NYSE:VMW) on Monday, October 12 to “Neutral” rating. The firm has “Market Perform” rating given on Tuesday, May 24 by Cowen & Co. The stock has “Mkt Perform” rating by FBR Capital on Wednesday, January 27. Barclays Capital upgraded the stock to “Overweight” rating in Thursday, September 14 report. The stock of VMware, Inc. (NYSE:VMW) earned “Hold” rating by Maxim Group on Wednesday, January 27. The firm earned “Hold” rating on Wednesday, January 27 by Summit Research. As per Thursday, August 24, the company rating was maintained by Oppenheimer. Mizuho maintained the shares of VMW in report on Thursday, September 1 with “Neutral” rating.

Since September 1, 2017, it had 0 buys, and 4 selling transactions for $2.58 million activity. POONEN SANJAY also sold $120,782 worth of VMware, Inc. (NYSE:VMW) on Friday, September 8. The insider Rowe Zane sold $646,920.

Investors sentiment decreased to 1.21 in 2017 Q2. Its down 0.33, from 1.54 in 2017Q1. It dived, as 45 investors sold VMW shares while 123 reduced holdings. 60 funds opened positions while 143 raised stakes. 86.40 million shares or 2.10% more from 84.63 million shares in 2017Q1 were reported. Nomura Holding Inc accumulated 296,533 shares or 0.06% of the stock. Credit Agricole S A holds 40,082 shares or 0.01% of its portfolio. Alyeska Investment Grp Limited Partnership stated it has 845,335 shares or 0.66% of all its holdings. Clinton Group Inc has invested 0.63% in VMware, Inc. (NYSE:VMW). Moreover, San Francisco Sentry Inv Gru (Ca) has 0% invested in VMware, Inc. (NYSE:VMW) for 80 shares. 11,150 were reported by Nomura Asset Management Co Limited. Bb&T holds 0.01% in VMware, Inc. (NYSE:VMW) or 3,587 shares. Moreover, Joel Isaacson Communications Lc has 0.07% invested in VMware, Inc. (NYSE:VMW) for 4,000 shares. Mirae Asset Glob Investments reported 6,201 shares. 96,423 were reported by Ameriprise. Hsbc Holdings Public Ltd holds 130,270 shares. Prudential Financial has invested 0.01% in VMware, Inc. (NYSE:VMW). Millennium Mgmt Ltd Co reported 0.07% stake. Lazard Asset Ltd Liability owns 138,669 shares for 0.03% of their portfolio. Forte Ltd Liability Adv holds 20,770 shares.

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