Decatur Capital Management Has Trimmed Its Dow Chemical Company (DOW) Position; Indaba Capital Management LP Has Lowered By $12.92 Million Its Yahoo (YHOO) Stake

June 19, 2017 - By Kurt Siggers

Indaba Capital Management Lp decreased Yahoo Inc (YHOO) stake by 29.97% reported in 2016Q4 SEC filing. Indaba Capital Management Lp sold 340,000 shares as Yahoo Inc (YHOO)’s stock rose 11.26%. The Indaba Capital Management Lp holds 794,554 shares with $30.73 million value, down from 1.13M last quarter. Yahoo Inc now has $50.40B valuation. The stock rose 4.11% or $2.16 reaching $54.74. About 7.95 million shares traded. Altaba Inc (NASDAQ:YHOO) has risen 35.55% since June 19, 2016 and is uptrending. It has outperformed by 18.85% the S&P500.

Decatur Capital Management Inc decreased Dow Chemical Company (DOW) stake by 14.13% reported in 2016Q4 SEC filing. Decatur Capital Management Inc sold 41,475 shares as Dow Chemical Company (DOW)’s stock rose 0.05%. The Decatur Capital Management Inc holds 251,950 shares with $14.42M value, down from 293,425 last quarter. Dow Chemical Company now has $80.17B valuation. The stock rose 1.45% or $0.93 reaching $65.32. About 702,901 shares traded. Dow Chemical Co (NYSE:DOW) has risen 20.72% since June 19, 2016 and is uptrending. It has outperformed by 4.02% the S&P500.

Analysts await Dow Chemical Co (NYSE:DOW) to report earnings on July, 27. They expect $1.04 EPS, up 9.47% or $0.09 from last year’s $0.95 per share. DOW’s profit will be $1.28 billion for 15.70 P/E if the $1.04 EPS becomes a reality. After $1.04 actual EPS reported by Dow Chemical Co for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 15 analysts covering The Dow Chemical Company (NYSE:DOW), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. The Dow Chemical Company had 39 analyst reports since August 20, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Equal-Weight” rating and $58 target in Friday, July 29 report. RBC Capital Markets maintained it with “Top Pick” rating and $68 target in Friday, October 28 report. The firm earned “Hold” rating on Friday, September 4 by Piper Jaffray. Bernstein initiated Dow Chemical Co (NYSE:DOW) rating on Friday, September 11. Bernstein has “Outperform” rating and $57 target. The stock of Dow Chemical Co (NYSE:DOW) earned “Hold” rating by Zacks on Monday, August 24. The firm has “Buy” rating by Deutsche Bank given on Friday, October 23. The firm earned “Positive” rating on Monday, February 8 by Susquehanna. S&P Research downgraded the shares of DOW in report on Friday, October 23 to “Hold” rating. The stock has “Overweight” rating by JP Morgan on Friday, July 29. The firm earned “Equal-Weight” rating on Wednesday, November 4 by Barclays Capital.

Investors sentiment increased to 1.52 in Q4 2016. Its up 0.18, from 1.34 in 2016Q3. It is positive, as 53 investors sold DOW shares while 333 reduced holdings. 128 funds opened positions while 459 raised stakes. 790.77 million shares or 7.17% more from 737.86 million shares in 2016Q3 were reported. Farmers Financial Bank stated it has 17,420 shares or 0.57% of all its holdings. Ahl Prns Llp has 117,985 shares. 290 are owned by Advsr Lc. Tokio Marine Asset Ltd accumulated 53,334 shares or 0.35% of the stock. Provise Management Gru Limited Company stated it has 0.13% in Dow Chemical Co (NYSE:DOW). Kanawha Capital Mngmt Limited Liability Company holds 0.05% or 4,750 shares. Pettyjohn Wood & White invested in 5,219 shares. Alexandria Ltd Liability reported 0.32% in Dow Chemical Co (NYSE:DOW). Summit Wealth Advsr Limited Liability Corp reported 61,965 shares. Moreover, Klingenstein Fields & Co Limited Liability has 0.12% invested in Dow Chemical Co (NYSE:DOW). Brown Brothers Harriman reported 0% stake. 397,082 were reported by Mackenzie. The California-based Aspiriant Limited Liability Company has invested 0.03% in Dow Chemical Co (NYSE:DOW). Ray Gerald L Assocs Ltd, a Texas-based fund reported 13,550 shares. Missouri-based Bkd Wealth Ltd Liability has invested 0.06% in Dow Chemical Co (NYSE:DOW).

Decatur Capital Management Inc increased Activision Blizzard Inc (NASDAQ:ATVI) stake by 18,645 shares to 92,427 valued at $3.34 million in 2016Q4. It also upped Edgewell Personal Care Co. stake by 16,134 shares and now owns 51,686 shares. Mallinckrodt Plc (NYSE:MNK) was raised too.

Investors sentiment decreased to 0.72 in Q4 2016. Its down 0.16, from 0.88 in 2016Q3. It is negative, as 68 investors sold YHOO shares while 207 reduced holdings. 59 funds opened positions while 139 raised stakes. 663.52 million shares or 5.16% more from 630.97 million shares in 2016Q3 were reported. The Minnesota-based Ameriprise Fincl Inc has invested 0.01% in Altaba Inc (NASDAQ:AABA). Exxonmobil Management Tx holds 203,180 shares. Eastern National Bank stated it has 0.02% in Altaba Inc (NASDAQ:AABA). Hanson Doremus Inv Mngmt holds 0% or 375 shares. Ckw Fincl Gru holds 4 shares. 41,559 are held by Panagora Asset Mgmt. Sandell Asset, a New York-based fund reported 1.08 million shares. New Jersey Better Educational Savings Tru holds 0.35% or 14,000 shares in its portfolio. Amer accumulated 406,637 shares. British Columbia – Canada-based British Columbia Invest Management Corp has invested 0.18% in Altaba Inc (NASDAQ:AABA). Tudor Investment Corporation Et Al reported 322,450 shares. Capstone Asset Co reported 0.07% of its portfolio in Altaba Inc (NASDAQ:AABA). Louisiana State Employees Retirement, a Louisiana-based fund reported 55,200 shares. Greenlight Cap holds 2.85% or 4.28M shares. Ingalls Snyder reported 0.01% stake.

Since December 21, 2016, it had 0 buys, and 10 selling transactions for $1.49 million activity. $41,705 worth of Altaba Inc (NASDAQ:AABA) was sold by Utzschneider Lisa on Friday, March 3.