Yy (YY) Share Value Declined While All-Stars Investment LTD Increased Stake; Financial Counselors Trimmed Its Tortoise Energy Infrastructure (TYG) Stake by $561,643; Share Price Declined

April 25, 2018 - By Linda Rogers

Financial Counselors Inc decreased its stake in Tortoise Energy Infrastructure (TYG) by 37.82% based on its latest 2017Q4 regulatory filing with the SEC. Financial Counselors Inc sold 19,367 shares as the company’s stock declined 9.11% with the market. The institutional investor held 31,844 shares of the company at the end of 2017Q4, valued at $926,000, down from 51,211 at the end of the previous reported quarter. Financial Counselors Inc who had been investing in Tortoise Energy Infrastructure for a number of months, seems to be less bullish one the $1.40B market cap company. The stock decreased 0.80% or $0.22 during the last trading session, reaching $27.29. About 24,235 shares traded. Tortoise Energy Infrastructure Corporation (NYSE:TYG) has declined 24.20% since April 25, 2017 and is downtrending. It has underperformed by 35.75% the S&P500.

All-Stars Investment Ltd increased its stake in Yy Inc (YY) by 78.13% based on its latest 2017Q4 regulatory filing with the SEC. All-Stars Investment Ltd bought 250,000 shares as the company’s stock declined 9.91% with the market. The institutional investor held 570,000 shares of the edp services company at the end of 2017Q4, valued at $7.15 million, up from 320,000 at the end of the previous reported quarter. All-Stars Investment Ltd who had been investing in Yy Inc for a number of months, seems to be bullish on the $5.74B market cap company. The stock decreased 1.77% or $1.64 during the last trading session, reaching $90.91. About 579,576 shares traded. YY Inc. (NASDAQ:YY) has risen 125.46% since April 25, 2017 and is uptrending. It has outperformed by 113.91% the S&P500.

All-Stars Investment Ltd, which manages about $60.84 million US Long portfolio, decreased its stake in Baidu Inc (NASDAQ:BIDU) by 90,723 shares to 29,377 shares, valued at $6.88 million in 2017Q4, according to the filing.

Among 14 analysts covering YY Inc (NASDAQ:YY), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. YY Inc had 24 analyst reports since August 17, 2015 according to SRatingsIntel. Nomura upgraded YY Inc. (NASDAQ:YY) on Wednesday, January 17 to “Buy” rating. The company was downgraded on Tuesday, March 6 by CLSA. As per Monday, August 14, the company rating was maintained by Jefferies. The stock has “Hold” rating by Jefferies on Wednesday, February 8. The rating was maintained by Piper Jaffray with “Overweight” on Friday, August 14. The stock of YY Inc. (NASDAQ:YY) earned “Buy” rating by HSBC on Monday, October 31. The firm earned “Hold” rating on Thursday, August 20 by Zacks. JP Morgan initiated the shares of YY in report on Wednesday, August 31 with “Overweight” rating. The firm has “Buy” rating given on Thursday, January 18 by Instinet. The rating was upgraded by JP Morgan to “Overweight” on Thursday, November 16.

Financial Counselors Inc, which manages about $2.18B US Long portfolio, upped its stake in Wisdomtree Smallcap Dividend (DES) by 74,969 shares to 110,365 shares, valued at $3.21 million in 2017Q4, according to the filing. It also increased its holding in Priceline Group Inc (NASDAQ:PCLN) by 2,572 shares in the quarter, for a total of 3,463 shares, and has risen its stake in Invesco Ltd (NYSE:IVZ).

YY Inc. (NASDAQ:YY) Ratings Chart

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