Suffolk Capital Management Holding in Alibaba Group Holding (BABA) Upped by $6.50 Million; Crown Castle Intl New (CCI) Stock Value Rose While Ems Capital LP Has Trimmed Holding by $9.20 Million

January 18, 2018 - By Vivian Currie

Suffolk Capital Management Llc increased its stake in Alibaba Group Holding (BABA) by 83.11% based on its latest 2017Q3 regulatory filing with the SEC. Suffolk Capital Management Llc bought 37,812 shares as the company’s stock rose 22.58% with the market. The institutional investor held 83,306 shares of the business services company at the end of 2017Q3, valued at $14.39M, up from 45,494 at the end of the previous reported quarter. Suffolk Capital Management Llc who had been investing in Alibaba Group Holding for a number of months, seems to be bullish on the $472.71 billion market cap company. The stock increased 0.22% or $0.4 during the last trading session, reaching $184.23. About 12.21 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 18, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Edmond M. Safra decreased its stake in Crown Castle Intl Corp New (CCI) by 29.91% based on its latest 2017Q3 regulatory filing with the SEC. Ems Capital Lp sold 92,895 shares as the company’s stock rose 11.44% with the market. The hedge fund run by Edmond M. Safra held 217,685 shares of the real estate investment trusts company at the end of 2017Q3, valued at $21.76M, down from 310,580 at the end of the previous reported quarter. Ems Capital Lp who had been investing in Crown Castle Intl Corp New for a number of months, seems to be less bullish one the $43.06 billion market cap company. The stock decreased 0.05% or $0.0529 during the last trading session, reaching $105.9771. About 1.43M shares traded. Crown Castle International Corp. (NYSE:CCI) has risen 11.07% since January 18, 2017 and is uptrending. It has underperformed by 5.63% the S&P500.

Ems Capital Lp, which manages about $1.78 billion and $1.20B US Long portfolio, upped its stake in Logmein Inc (NASDAQ:LOGM) by 60,000 shares to 300,000 shares, valued at $33.02M in 2017Q3, according to the filing.

Investors sentiment increased to 1.58 in Q3 2017. Its up 0.27, from 1.31 in 2017Q2. It increased, as 46 investors sold CCI shares while 172 reduced holdings. 72 funds opened positions while 272 raised stakes. 377.71 million shares or 14.61% more from 329.57 million shares in 2017Q2 were reported. Kayne Anderson Rudnick Inv Mngmt Limited Liability Co stated it has 224,911 shares. Nelson Van Denburg Campbell Wealth Gp Lc has invested 0% in Crown Castle International Corp. (NYSE:REIT). Sterling Invest Management has 2.51% invested in Crown Castle International Corp. (NYSE:REIT) for 18,457 shares. The New York-based Bancshares Of New York Mellon has invested 0.09% in Crown Castle International Corp. (NYSE:REIT). Schmidt P J Invest Mgmt stated it has 12,563 shares or 0.38% of all its holdings. Citadel Advsrs Ltd Liability Co reported 264,935 shares. Dupont Capital Corporation, Delaware-based fund reported 1,974 shares. Geode Mngmt Limited Company invested in 0.14% or 3.76 million shares. Buffington Mohr Mcneal has invested 1.76% in Crown Castle International Corp. (NYSE:REIT). Cap Ca reported 47,800 shares. Horan Capital Ltd Limited Liability Company accumulated 21,003 shares. Thornburg Mngmt Incorporated invested 1.45% in Crown Castle International Corp. (NYSE:REIT). Dnb Asset Mgmt As stated it has 0.05% in Crown Castle International Corp. (NYSE:REIT). Bancshares Of America Corp De stated it has 11.94 million shares. Evercore Wealth Mngmt Ltd Liability Corporation has invested 0.02% of its portfolio in Crown Castle International Corp. (NYSE:REIT).

Among 20 analysts covering Crown Castle International Corp (NYSE:CCI), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Crown Castle International Corp had 57 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by BTIG Research on Tuesday, July 19. Oppenheimer maintained Crown Castle International Corp. (NYSE:REIT) rating on Wednesday, July 19. Oppenheimer has “Buy” rating and $10900 target. Stifel Nicolaus initiated the shares of CCI in report on Wednesday, August 26 with “Buy” rating. The firm has “Buy” rating by Cowen & Co given on Tuesday, July 18. The company was upgraded on Wednesday, July 22 by Citigroup. The stock of Crown Castle International Corp. (NYSE:REIT) has “Overweight” rating given on Thursday, August 24 by Morgan Stanley. The stock has “Buy” rating by Guggenheim on Tuesday, April 11. The stock of Crown Castle International Corp. (NYSE:REIT) has “Buy” rating given on Friday, October 20 by Jefferies. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, September 13 report. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, October 20 report.

Suffolk Capital Management Llc, which manages about $1.92 billion and $757.82 million US Long portfolio, decreased its stake in Evercore Partners Inc. (NYSE:EVR) by 8,320 shares to 16,089 shares, valued at $1.29M in 2017Q3, according to the filing. It also reduced its holding in Pvh Corp. (NYSE:PVH) by 15,372 shares in the quarter, leaving it with 105,779 shares, and cut its stake in Semtech Corp (NASDAQ:SMTC).

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 158 analyst reports since August 12, 2015 according to SRatingsIntel. On Thursday, August 13 the stock rating was downgraded by Atlantic Securities to “Overweight”. The firm has “Overweight” rating given on Wednesday, October 28 by Morgan Stanley. RBC Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) on Sunday, October 15 with “Buy” rating. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by Deutsche Bank on Thursday, March 24. As per Friday, August 12, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained it with “Buy” rating and $190 target in Friday, August 18 report. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by KeyBanc Capital Markets on Thursday, October 19. The rating was upgraded by TH Capital on Friday, October 23 to “Buy”. The company was upgraded on Friday, August 12 by Macquarie Research. Brean Capital maintained the shares of BABA in report on Wednesday, October 28 with “Buy” rating.

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:


Recent Posts