Arcadia Investment Management Has Cut Chicago Bridge & Iron Co (CBI) Holding, Firefly Value Partners LP Boosted Alibaba Group Hldg LTD (Put) (BABA) Stake

July 3, 2017 - By Vivian Currie

Firefly Value Partners Lp increased Alibaba Group Hldg Ltd (Put) (BABA) stake by 11.95% reported in 2016Q4 SEC filing. Firefly Value Partners Lp acquired 30,000 shares as Alibaba Group Hldg Ltd (Put) (BABA)’s stock rose 22.58%. The Firefly Value Partners Lp holds 281,000 shares with $24.68M value, up from 251,000 last quarter. Alibaba Group Hldg Ltd (Put) now has $361.10 billion valuation. The stock rose 1.12% or $1.58 reaching $142.48 per share. About 99,720 shares traded. Alibaba Group Holding Ltd (NYSE:BABA) has risen 57.33% since July 3, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

Arcadia Investment Management Corp decreased Chicago Bridge & Iron Co (CBI) stake by 64.92% reported in 2016Q4 SEC filing. Arcadia Investment Management Corp sold 41,382 shares as Chicago Bridge & Iron Co (CBI)’s stock declined 38.73%. The Arcadia Investment Management Corp holds 22,365 shares with $710,000 value, down from 63,747 last quarter. Chicago Bridge & Iron Co now has $1.82B valuation. The stock rose 2.38% or $0.47 reaching $20.2. About 4,015 shares traded. Chicago Bridge & Iron Company N.V. (NYSE:CBI) has declined 42.76% since July 3, 2016 and is downtrending. It has underperformed by 59.46% the S&P500.

Among 31 analysts covering Alibaba (NYSE:BABA), 29 have Buy rating, 1 Sell and 1 Hold. Therefore 94% are positive. Alibaba had 101 analyst reports since August 12, 2015 according to SRatingsIntel. Credit Suisse maintained Alibaba Group Holding Ltd (NYSE:BABA) on Friday, August 12 with “Outperform” rating. The firm earned “Overweight” rating on Saturday, August 29 by Morgan Stanley. SunTrust maintained Alibaba Group Holding Ltd (NYSE:BABA) on Friday, August 12 with “Buy” rating. Stifel Nicolaus maintained Alibaba Group Holding Ltd (NYSE:BABA) rating on Thursday, September 22. Stifel Nicolaus has “Buy” rating and $125 target. Standpoint Research downgraded Alibaba Group Holding Ltd (NYSE:BABA) on Thursday, October 29 to “Hold” rating. The firm has “Overweight” rating given on Wednesday, March 29 by Barclays Capital. On Friday, August 12 the stock rating was maintained by Citigroup with “Buy”. Axiom Capital maintained it with “Buy” rating and $92 target in Wednesday, October 28 report. Needham maintained Alibaba Group Holding Ltd (NYSE:BABA) rating on Thursday, June 8. Needham has “Buy” rating and $155 target. The rating was maintained by M Partners with “Buy” on Wednesday, April 19.

Investors sentiment increased to 1.28 in 2016 Q4. Its up 0.51, from 0.77 in 2016Q3. It increased, as 35 investors sold CBI shares while 115 reduced holdings. 79 funds opened positions while 113 raised stakes. 62.05 million shares or 4.25% less from 64.81 million shares in 2016Q3 were reported. 56,500 are held by Twin Cap Incorporated. Ameritas Investment Prtn Incorporated stated it has 506 shares. Raymond James Trust Na invested in 7,015 shares or 0.02% of the stock. Fifth Third Commercial Bank has invested 0% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Blackrock Institutional Co Na reported 0.01% stake. Timber Creek Capital Management Limited Co invested in 0.04% or 1,700 shares. United Kingdom-based Gsa Cap Prtnrs Llp has invested 0.02% in Chicago Bridge & Iron Company N.V. (NYSE:CBI). Menora Mivtachim Hldg holds 0.01% in Chicago Bridge & Iron Company N.V. (NYSE:CBI) or 3,300 shares. Fagan Assoc accumulated 0.33% or 18,140 shares. 27,139 are owned by Credit Agricole S A. California Public Employees Retirement holds 278,200 shares. Teacher Retirement Of Texas reported 7,902 shares. Nomura Holdings invested in 24,163 shares. Hightower Advsrs Lc stated it has 221,187 shares or 0.08% of all its holdings. Franklin Inc has 7,195 shares.

Among 11 analysts covering Chicago Bridge & Iron Company (NYSE:CBI), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Chicago Bridge & Iron Company had 23 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was downgraded by Zacks on Friday, August 14 to “Buy”. Robert W. Baird downgraded it to “Neutral” rating and $40 target in Friday, July 22 report. Credit Suisse upgraded the stock to “Outperform” rating in Wednesday, October 28 report. As per Wednesday, September 2, the company rating was upgraded by Zacks. The firm has “Hold” rating by Argus Research given on Friday, March 17. Tudor Pickering upgraded the stock to “Buy” rating in Wednesday, October 28 report. The firm has “Hold” rating by Johnson Rice given on Wednesday, September 21. Credit Suisse maintained it with “Outperform” rating and $37 target in Monday, September 26 report. Argus Research initiated it with “Buy” rating and $43 target in Wednesday, December 7 report. The firm earned “Hold” rating on Wednesday, August 26 by Zacks.

Arcadia Investment Management Corp increased Danaher Corp Del (NYSE:DHR) stake by 11,790 shares to 61,810 valued at $4.81 million in 2016Q4. It also upped Intercontinental Exchange (NYSE:ICE) stake by 109,775 shares and now owns 137,175 shares. Amtrust Finl Svcs Inc (NASDAQ:AFSI) was raised too.