Ashfield Capital Partners Has Trimmed Its Lowes Cos (LOW) Position; SINA (SINA) Had 7 Bulls

August 16, 2017 - By Adrian Erickson

Ashfield Capital Partners Llc decreased Lowes Cos Inc (LOW) stake by 26.58% reported in 2016Q4 SEC filing. Ashfield Capital Partners Llc sold 37,795 shares as Lowes Cos Inc (LOW)’s stock rose 10.23%. The Ashfield Capital Partners Llc holds 104,376 shares with $7.42 million value, down from 142,171 last quarter. Lowes Cos Inc now has $63.61 billion valuation. The stock increased 1.41% or $1.05 during the last trading session, reaching $75.35. About 4.89 million shares traded. Lowe’s Companies, Inc. (NYSE:LOW) has risen 5.92% since August 16, 2016 and is uptrending. It has underperformed by 10.78% the S&P500.

Among 9 analysts covering Sina Corporation (NASDAQ:SINA), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Sina Corporation had 14 analyst reports since August 19, 2015 according to SRatingsIntel. Goldman Sachs downgraded SINA Corp (NASDAQ:SINA) on Monday, November 30 to “Neutral” rating. The stock of SINA Corp (NASDAQ:SINA) has “Overweight” rating given on Wednesday, August 31 by JP Morgan. The rating was upgraded by Jefferies on Friday, July 22 to “Buy”. The stock of SINA Corp (NASDAQ:SINA) earned “Buy” rating by Citigroup on Friday, August 5. Brean Capital maintained SINA Corp (NASDAQ:SINA) rating on Thursday, November 19. Brean Capital has “Buy” rating and $55 target. The stock has “Buy” rating by Jefferies on Thursday, August 10. As per Wednesday, September 14, the company rating was maintained by Brean Capital. The stock has “Buy” rating by TH Capital on Monday, August 17. The rating was initiated by CLSA on Monday, December 12 with “Outperform”. The rating was maintained by Jefferies on Thursday, July 13 with “Buy”. See SINA Corp (NASDAQ:SINA) latest ratings:

10/08/2017 Broker: Jefferies Rating: Buy New Target: $137.0000 Maintain
13/07/2017 Broker: Jefferies Rating: Buy New Target: $122.0000 Maintain

Investors sentiment decreased to 1.24 in Q4 2016. Its down 0.39, from 1.63 in 2016Q3. It worsened, as 38 investors sold SINA Corp shares while 48 reduced holdings. 52 funds opened positions while 55 raised stakes. 38.55 million shares or 4.66% more from 36.83 million shares in 2016Q3 were reported. Canada Pension Plan Invest Board reported 0% of its portfolio in SINA Corp (NASDAQ:SINA). Lenox Wealth Mgmt, Ohio-based fund reported 70 shares. Bnp Paribas Arbitrage Sa accumulated 0% or 17,297 shares. 4.00M are held by Macquarie Group. 133,100 were reported by Ci Invests. Airain has 36,433 shares for 0.18% of their portfolio. Maine-based Schroder Invest Management Grp has invested 0.46% in SINA Corp (NASDAQ:SINA). Aviva Public Ltd Co invested in 8,400 shares. Nomura Hldg stated it has 0% in SINA Corp (NASDAQ:SINA). Zacks Invest Management holds 0.01% or 3,563 shares. Owl Creek Asset Limited Partnership accumulated 25,300 shares or 0.1% of the stock. Citigroup holds 0.01% in SINA Corp (NASDAQ:SINA) or 133,487 shares. Texas-based Hilltop has invested 0.08% in SINA Corp (NASDAQ:SINA). Credit Agricole S A has 16,500 shares for 0% of their portfolio. Alliancebernstein Limited Partnership invested 0% in SINA Corp (NASDAQ:SINA).

Sina Corporation is an online media firm serving China and the global Chinese communities. The company has market cap of $7.05 billion. The Company’s digital media network of SINA.com , SINA mobile (mobile portal and mobile applications) and Weibo (social media) enables Internet users to access professional media and user generated content (UGCs) in multi-media formats from personal computers and mobile devices, and share their interests with friends and acquaintances. It has a 30.73 P/E ratio. The Company’s divisions include Portal advertising, Weibo Corporation (Weibo) and Others.

The stock increased 2.07% or $2 during the last trading session, reaching $98.75. About 598,172 shares traded. SINA Corp (NASDAQ:SINA) has risen 139.34% since August 16, 2016 and is uptrending. It has outperformed by 122.64% the S&P500.

Analysts await Lowe’s Companies, Inc. (NYSE:LOW) to report earnings on August, 23 before the open. They expect $1.62 EPS, up 18.25% or $0.25 from last year’s $1.37 per share. LOW’s profit will be $1.37 billion for 11.63 P/E if the $1.62 EPS becomes a reality. After $1.03 actual EPS reported by Lowe’s Companies, Inc. for the previous quarter, Wall Street now forecasts 57.28% EPS growth.

Among 20 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Lowe’s Companies Inc. had 39 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was initiated by Bernstein on Monday, February 6 with “Underperform”. The firm has “Buy” rating given on Wednesday, July 5 by RBC Capital Markets. The firm earned “Outperform” rating on Thursday, December 8 by RBC Capital Markets. The firm earned “Buy” rating on Thursday, August 20 by Argus Research. On Monday, December 19 the stock rating was downgraded by Citigroup to “Neutral”. Stifel Nicolaus reinitiated the shares of LOW in report on Tuesday, August 2 with “Buy” rating. The rating was maintained by Jefferies on Thursday, July 20 with “Hold”. Longbow maintained Lowe’s Companies, Inc. (NYSE:LOW) on Friday, August 14 with “Buy” rating. The firm has “Neutral” rating given on Thursday, October 6 by Cleveland. As per Tuesday, November 24, the company rating was upgraded by Atlantic Securities.

Since March 3, 2017, it had 0 insider purchases, and 8 sales for $44.98 million activity. Shares for $753,162 were sold by Hollifield Matthew V on Friday, March 3. CROOM MARSHALL A had sold 12,700 shares worth $1.04M on Thursday, March 30. $36.24 million worth of Lowe’s Companies, Inc. (NYSE:LOW) was sold by NIBLOCK ROBERT A. Another trade for 23,023 shares valued at $1.83M was sold by Ramsay Paul D. $290,089 worth of Lowe’s Companies, Inc. (NYSE:LOW) was sold by Peace Nelson B on Monday, March 6. DAMRON RICKY D also sold $1.41 million worth of Lowe’s Companies, Inc. (NYSE:LOW) on Saturday, April 1. The insider Maltsbarger Richard D sold 11,672 shares worth $936,115.