1492 Capital Management Cut By $354,709 Its Cubic Corp. (CUB) Stake; Charlemagne Capital LTD Has Decreased Vimpelcom LTD (VIP) Holding

July 25, 2017 - By Dolores Ford

Charlemagne Capital Ltd decreased Vimpelcom Ltd (VIP) stake by 17.97% reported in 2016Q4 SEC filing. Charlemagne Capital Ltd sold 1.14M shares as Vimpelcom Ltd (VIP)’s stock 0.00%. The Charlemagne Capital Ltd holds 5.22M shares with $20.01 million value, down from 6.36 million last quarter. Vimpelcom Ltd now has $7.05 billion valuation. The stock increased 0.50% or $0.02 on July 25, reaching $4.03. About 985,677 shares traded. VEON Ltd (ADR) (NASDAQ:VIP) has 0.00% since July 25, 2016 and is . It has underperformed by 16.70% the S&P500.

1492 Capital Management Llc decreased Cubic Corp. (CUB) stake by 13.28% reported in 2016Q4 SEC filing. 1492 Capital Management Llc sold 7,547 shares as Cubic Corp. (CUB)’s stock declined 14.38%. The 1492 Capital Management Llc holds 49,304 shares with $2.36M value, down from 56,851 last quarter. Cubic Corp. now has $1.29 billion valuation. The stock increased 0.11% or $0.05 during the last trading session, reaching $47.55. About 70,168 shares traded. Cubic Corporation (NYSE:CUB) has risen 14.76% since July 25, 2016 and is uptrending. It has underperformed by 1.94% the S&P500.

Among 7 analysts covering VimpelCom (NASDAQ:VIP), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. VimpelCom had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Hold” rating by HSBC on Tuesday, August 11. The company was maintained on Monday, November 9 by RBC Capital Markets. The stock of VEON Ltd (ADR) (NASDAQ:VEON) has “Equal Weight” rating given on Wednesday, August 26 by Barclays Capital. Citigroup upgraded VEON Ltd (ADR) (NASDAQ:VEON) on Tuesday, November 10 to “Buy” rating. Citigroup downgraded VEON Ltd (ADR) (NASDAQ:VEON) rating on Friday, April 8. Citigroup has “Neutral” rating and $4.50 target. The company was maintained on Friday, August 7 by RBC Capital Markets. The stock of VEON Ltd (ADR) (NASDAQ:VEON) has “Buy” rating given on Tuesday, February 14 by Goldman Sachs. Renaissance Capital upgraded the shares of VIP in report on Wednesday, September 14 to “Buy” rating. The company was upgraded on Monday, August 10 by Deutsche Bank. On Friday, November 27 the stock rating was maintained by Barclays Capital with “Equal Weight”.

Charlemagne Capital Ltd increased Itau Unbanco Holdings Sa (NYSE:ITUB) stake by 211,172 shares to 2.74M valued at $28.16M in 2016Q4. It also upped Alibaba Group Hldg Ltd (NYSE:BABA) stake by 5,870 shares and now owns 177,062 shares. Vipshop Hldgs Ltd (NYSE:VIPS) was raised too.

Among 6 analysts covering Cubic Corporation (NYSE:CUB), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cubic Corporation had 9 analyst reports since September 17, 2015 according to SRatingsIntel. The rating was upgraded by Benchmark on Wednesday, November 25 to “Buy”. The stock has “Outperform” rating by Credit Suisse on Thursday, September 17. The firm earned “Buy” rating on Friday, March 24 by Needham. The stock of Cubic Corporation (NYSE:CUB) earned “Buy” rating by BB&T Capital on Tuesday, October 20. The firm earned “Buy” rating on Friday, October 14 by Needham. The rating was maintained by Needham on Friday, February 10 with “Buy”. As per Wednesday, June 8, the company rating was initiated by Canaccord Genuity.

Analysts await Cubic Corporation (NYSE:CUB) to report earnings on August, 2. They expect $0.07 EPS, down 58.82% or $0.10 from last year’s $0.17 per share. CUB’s profit will be $1.90 million for 169.82 P/E if the $0.07 EPS becomes a reality. After $0.02 actual EPS reported by Cubic Corporation for the previous quarter, Wall Street now forecasts 250.00% EPS growth.

Since February 27, 2017, it had 1 insider purchase, and 0 insider sales for $5,030 activity. 95 Cubic Corporation (NYSE:CUB) shares with value of $5,030 were bought by Hamby Janice M..