Netflix INC (NFLX) Holder Tremblant Capital Group Has Lowered Its Holding

Adjust Comment Print

Sentinel Asset Management Inc sold 30,000 shares as the company's stock declined 16.92% while stock markets rallied. The institutional investor held 646,611 shares of the consumer services company at the end of 2017Q3, valued at $117.26 million, down from 665,181 at the end of the previous reported quarter. Sentinel Asset Management Inc who had been investing in Mobile Mini Inc. for a number of months, seems to be less bullish one the $1.54 billion market cap company.

Whereas its latest closing price kept its distance from the SMA20 at -0.35% and -2.78% from SMA 50 while it was knocked up 9.74% from the simple moving average price of 200 days.

Tremblant Capital Group, which manages about $3.75B and $2.26 billion US Long portfolio, upped its stake in Jd Com Inc (NASDAQ:JD) by 171,574 shares to 933,681 shares, valued at $35.67M in 2017Q3, according to the filing. It has outperformed by 58.64% the S&P500. The hedge fund run by John Lykouretzos held 1.53M shares of the prepackaged software company at the end of 2017Q3, valued at $113.94 million, down from 1.55 million at the end of the previous reported quarter. The stock increased 2.31% or $0.65 during the last trading session, reaching $28.75. The firm owned $46.91 million shares of the company's stock after selling 1.74 million shares during the period. AvalonBay Communities, Inc. (NYSE:AVB) has risen 6.66% since December 27, 2016 and is uptrending. It has outperformed by 8.25% the S&P500.

Since August 4, 2017, it had 0 buys, and 3 insider sales for $513.86 million activity. Another trade for 55,000 shares valued at $4.00M was sold by Hood Amy.

Investors sentiment decreased to 0.94 in Q3 2017. Its up 0.41, from 0.86 in 2017Q2. It turned negative, as 56 investors sold NFLX shares while 255 reduced holdings. Brighton Jones Ltd holds 13,280 shares. Retail Bank Of Nova Scotia reported 0.02% of its portfolio in SM Energy Company (NYSE:SM). (NASDAQ:NFLX) were released by: Seekingalpha.com and their article: "How "Bright" Fits Into Netflix's New Normal" published on December 22, 2017 as well as Investorplace.com's news article titled: "Netflix, Inc". Fmr Limited Liability Company has 0.01% invested in SM Energy Company (NYSE:SM) for 2.59 million shares. Cbre Clarion Secs Lc stated it has 1.79 million shares. Utah Retirement reported 29,135 shares. It is positive, as 27 investors sold AvalonBay Communities, Inc. shares while 128 reduced holdings. National Mutual Insurance Federation Of Agricultural Cooperatives has 14,100 shares for 0.05% of their portfolio. Northern Tru Corp owns 4.95 million shares for 0.23% of their portfolio. Azimuth Cap Management holds 1.27% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 228,484 shares.

Institutions own 84.25% of Netflix, Inc. They expect $2.25 EPS, up 6.13% or $0.13 from last year's $2.12 per share. Laurion Cap Mgmt Lp reported 0.02% in Netflix, Inc. (NYSE:AVB), 12 have Buy rating, 1 Sell and 12 Hold.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Monday, October 16th. The stock has "Buy" rating by Cowen & Co on Sunday, September 17. The rating was maintained by Credit Suisse on Tuesday, July 18 with "Hold". The stock has "Buy" rating by Sidoti on Thursday, January 21. Wedbush maintained Netflix, Inc. (NASDAQ:NFLX) by 3.58% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. On Friday, August 18 the stock rating was maintained by Deutsche Bank with "Hold". Guggenheim maintained the stock with "Buy" rating in Friday, June 16 report.

Modera Wealth Management LLC Position In Amgen INC (AMGN) Was Has Increased
Oppenheimer reissued a "buy" rating and issued a $203.00 target price on shares of Amgen in a report on Friday, October 6th. Brandywine Glob Invest Management Limited Liability Com has invested 0.19% in International Paper Company (NYSE:IP).


Carl Goldsmith decreased its stake in Aar Corp (AIR) by 50% based on its latest 2017Q3 regulatory filing with the SEC. It also reduced its holding in American Express Co (NYSE:AXP) by 32,548 shares in the quarter, leaving it with 2.29 million shares, and cut its stake in Ca Inc (NASDAQ:CA).

Investors sentiment decreased to 1.12 in Q3 2017. Its up 0.08, from 1.25 in 2017Q2. In the past 3-month period alone, shares of NFLX have appreciated +8.38 - or +4.67%.

BLACKROCK INC. raised its stake in F.N.B. FBR Capital maintained Netflix, Inc. The stock has "Underweight" rating by First Analysis on Thursday, October 29.

At present, Netflix, Inc. has a PE ratio of 190.04 with a forward P/E of 82.6 *. (NYSE:AVB) to report earnings on February, 7. Cim Inv Mangement invested 0.15% of its portfolio in Netflix, Inc. Moreover, Sterling Strategies Ltd Com has 1.1% invested in Netflix, Inc. (NASDAQ:NFLX). 14,483 are owned by Scotia. First Mercantile Tru holds 0.33% in Netflix, Inc. Ahl Partners Llp invested 0.03% in Mobile Mini, Inc. Scopus Asset Mngmt Lp has 475,000 shares. Bluefin Trading Ltd Limited Liability Company invested in 0.15% or 7,000 shares. Prelude Mngmt Ltd Llc accumulated 30,639 shares. (NASDAQ:NFLX). Eaton Vance Management reported 0.1% stake. Advisory Net Ltd Co stated it has 0.21% in Netflix, Inc. (NASDAQ:NFLX). Fil Ltd has 0.03% invested in Netflix, Inc. (NASDAQ:NFLX) or 41,074 shares. Arrowstreet Partnership reported 77,440 shares.

Among 54 analysts covering Netflix (NASDAQ:NFLX), 37 have Buy rating, 2 Sell and 15 Hold. Therefore 65% are positive. Macy's Inc. had 98 analyst reports since July 24, 2015 according to SRatingsIntel. On Tuesday, October 18 the stock rating was upgraded by CapitalOne to "Overweight".

Currently, 1.80% of Netflix, Inc. Goldman Sachs Group set a $250.00 price target on Netflix and gave the stock a "buy" rating in a research note on Tuesday, November 28th. Stifel Nicolaus has "Buy" rating and $143.0 target. The company was initiated on Friday, July 1 by Canaccord Genuity. The firm earned "Buy" rating on Tuesday, July 18 by Rosenblatt. The company was initiated on Tuesday, July 19 by Sidoti. (NYSE:CBZ) on Tuesday, October 13 to "Neutral" rating. FRIEDLAND JONATHAN sold $735,522 worth of stock or 3,617 shares. HYMAN DAVID A sold $12.61M worth of stock or 63,378 shares. The insider BARTON RICHARD N sold $331,430. The insider, HASTINGS REED, now holds 0 shares of NFLX. $12.61 million worth of Netflix, Inc.

Comments