First Manhattan Company Has Trimmed Weibo (WB) Stake; AT&T Inc. (T) Covered By 10 Bullish Analysts Last Week

February 15, 2018 - By Stephen Andrade

First Manhattan Company decreased Weibo Corporation (WB) stake by 95.51% reported in 2017Q3 SEC filing. First Manhattan Company sold 10,648 shares as Weibo Corporation (WB)’s stock rose 41.58%. The First Manhattan Company holds 500 shares with $49,000 value, down from 11,148 last quarter. Weibo Corporation now has $30.08B valuation. The stock decreased 2.64% or $3.689 during the last trading session, reaching $135.951. About 1.54 million shares traded. Weibo Corporation (NASDAQ:WB) has risen 239.00% since February 15, 2017 and is uptrending. It has outperformed by 222.30% the S&P500.

Among 30 analysts covering AT&T Inc. (NYSE:T), 10 have Buy rating, 1 Sell and 19 Hold. Therefore 33% are positive. AT&T Inc. had 73 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of AT&T Inc. (NYSE:T) earned “Outperform” rating by Robert W. Baird on Wednesday, October 25. Scotia Capital maintained the stock with “Hold” rating in Tuesday, January 30 report. The firm has “Neutral” rating given on Friday, February 2 by Bank of America. The rating was maintained by SunTrust on Thursday, February 1 with “Hold”. Citigroup maintained AT&T Inc. (NYSE:T) rating on Monday, March 14. Citigroup has “Buy” rating and $42 target. The stock of AT&T Inc. (NYSE:T) has “Hold” rating given on Monday, October 2 by RBC Capital Markets. As per Monday, October 24, the company rating was downgraded by Drexel Hamilton. Jefferies maintained the shares of T in report on Thursday, April 7 with “Buy” rating. The rating was downgraded by Oppenheimer on Tuesday, November 8 to “Perform”. Oppenheimer maintained AT&T Inc. (NYSE:T) on Tuesday, July 25 with “Hold” rating. See AT&T Inc. (NYSE:T) latest ratings:

02/02/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $39 New Target: $40 Maintain
01/02/2018 Broker: SunTrust Rating: Hold New Target: $40.0 Maintain
01/02/2018 Broker: Cowen & Co Rating: Hold New Target: $41.0 Maintain
30/01/2018 Broker: Scotia Capital Rating: Hold New Target: $40.0 Maintain
17/01/2018 Broker: Barclays Capital Rating: Hold New Target: $41.0
02/01/2018 Broker: KeyBanc Capital Markets Rating: Sector Weight Old Target: $35.00 New Target: $38.00 Maintain
21/11/2017 Broker: Deutsche Bank Rating: Hold New Target: $37.0
21/11/2017 Broker: Nomura Rating: Buy New Target: $42.0 Maintain
21/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $42.0 Maintain
10/11/2017 Broker: Citigroup Rating: Buy Old Target: $52 New Target: $54 Maintain

First Manhattan Company increased Vanguard Index Fds (VOO) stake by 7,665 shares to 12,938 valued at $2.99M in 2017Q3. It also upped Spectrum Brands Hld (NYSE:SPB) stake by 28,305 shares and now owns 39,957 shares. Oneok Inc (NYSE:OKE) was raised too.

Investors sentiment decreased to 1.55 in Q3 2017. Its down 1.07, from 2.62 in 2017Q2. It dropped, as 40 investors sold WB shares while 48 reduced holdings. 48 funds opened positions while 88 raised stakes. 125.34 million shares or 324.34% more from 29.54 million shares in 2017Q2 were reported. Cap Fund Mngmt Sa holds 147,119 shares or 0.1% of its portfolio. Wellington Management Gru Limited Liability Partnership reported 2.37M shares. Guggenheim Ltd has 122,723 shares. Envestnet Asset Mngmt invested in 0.01% or 34,917 shares. Sg Americas Secs Ltd Limited Liability Company invested in 27,596 shares. Annex Advisory Service Ltd Liability Company invested 0.1% of its portfolio in Weibo Corporation (NASDAQ:WB). Great West Life Assurance Communication Can has invested 0% in Weibo Corporation (NASDAQ:WB). Next Financial Grp Inc stated it has 0.03% in Weibo Corporation (NASDAQ:WB). Carroll Financial Associate Inc holds 88 shares or 0% of its portfolio. Aqr Cap Limited Liability has invested 0% in Weibo Corporation (NASDAQ:WB). Bnp Paribas Arbitrage reported 0.04% stake. D E Shaw And holds 223,454 shares. Gratry Co Limited Co has 5,252 shares for 0.64% of their portfolio. Maplelane Cap Limited Company holds 10,000 shares or 0.02% of its portfolio. Virginia Retirement Et Al owns 2,500 shares.

Analysts await Weibo Corporation (NASDAQ:WB) to report earnings on February, 28. They expect $0.52 earnings per share, up 173.68% or $0.33 from last year’s $0.19 per share. WB’s profit will be $115.03M for 65.36 P/E if the $0.52 EPS becomes a reality. After $0.45 actual earnings per share reported by Weibo Corporation for the previous quarter, Wall Street now forecasts 15.56% EPS growth.

Among 12 analysts covering Weibo Corp (NASDAQ:WB), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Weibo Corp had 22 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Friday, August 5. The stock of Weibo Corporation (NASDAQ:WB) has “Overweight” rating given on Thursday, December 17 by Morgan Stanley. The company was downgraded on Thursday, October 29 by Citigroup. Jefferies maintained it with “Buy” rating and $8200 target in Thursday, June 22 report. The rating was maintained by Jefferies with “Buy” on Tuesday, October 3. Morgan Stanley maintained Weibo Corporation (NASDAQ:WB) rating on Tuesday, April 19. Morgan Stanley has “Overweight” rating and $24 target. As per Tuesday, November 17, the company rating was maintained by TH Capital. On Friday, August 11 the stock rating was maintained by Barclays Capital with “Overweight”. Jefferies maintained the stock with “Buy” rating in Tuesday, January 23 report. The firm has “Buy” rating given on Tuesday, January 2 by UBS.

Investors sentiment increased to 1.17 in Q3 2017. Its up 0.02, from 1.15 in 2017Q2. It improved, as 77 investors sold AT&T Inc. shares while 609 reduced holdings. 106 funds opened positions while 696 raised stakes. 3.34 billion shares or 1.04% more from 3.31 billion shares in 2017Q2 were reported. Affinity Invest Advsr Ltd Llc owns 331,073 shares. Hilltop Incorporated owns 1.49% invested in AT&T Inc. (NYSE:T) for 125,602 shares. Crestwood Advsr Group Limited stated it has 40,284 shares. Merriman Wealth Mngmt Ltd Limited Liability Company owns 27,172 shares or 0.25% of their US portfolio. Dowling & Yahnke Limited Liability stated it has 113,000 shares. Cobblestone Ltd Liability Corp New York reported 0.09% stake. Fukoku Mutual Life accumulated 329,078 shares. Edgar Lomax Va reported 3.52% of its portfolio in AT&T Inc. (NYSE:T). Argi Inv Limited Com holds 29,533 shares. Trillium Asset Limited reported 7,032 shares or 0.02% of all its holdings. Eads And Heald Counsel reported 43,666 shares stake. Ledyard Bancshares reported 121,688 shares. Epoch Prtnrs reported 9.78 million shares. Hightower Advsr Ltd Liability owns 3.83M shares. Eagleclaw Cap Managment Ltd Liability Com holds 7,627 shares.

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