Jhl Capital Group Has Trimmed Stake in Makemytrip Limited Mauritius (MMYT) by $9.13 Million; Triplepoint Venture Growth B (TPVG) Shareholder Advisors Asset Management Cut Its Stake by $1.41 Million

March 10, 2018 - By Vivian Currie

Advisors Asset Management Inc decreased its stake in Triplepoint Venture Growth B (TPVG) by 15.1% based on its latest 2017Q3 regulatory filing with the SEC. Advisors Asset Management Inc sold 108,343 shares as the company’s stock rose 1.67% with the market. The institutional investor held 609,353 shares of the company at the end of 2017Q3, valued at $8.17 million, down from 717,696 at the end of the previous reported quarter. Advisors Asset Management Inc who had been investing in Triplepoint Venture Growth B for a number of months, seems to be less bullish one the $206.34M market cap company. The stock decreased 0.43% or $0.05 during the last trading session, reaching $11.65. About 133,687 shares traded or 53.94% up from the average. TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) has risen 28.59% since March 10, 2017 and is uptrending. It has outperformed by 11.89% the S&P500.

James H. Litinsky decreased its stake in Makemytrip Limited Mauritius (MMYT) by 19.69% based on its latest 2017Q3 regulatory filing with the SEC. Jhl Capital Group Llc sold 326,000 shares as the company’s stock rose 2.51% with the market. The hedge fund run by James H. Litinsky held 1.33 million shares of the transportation services company at the end of 2017Q3, valued at $38.24 million, down from 1.66 million at the end of the previous reported quarter. Jhl Capital Group Llc who had been investing in Makemytrip Limited Mauritius for a number of months, seems to be less bullish one the $3.40B market cap company. The stock decreased 1.89% or $0.65 during the last trading session, reaching $33.7. About 446,433 shares traded or 39.72% up from the average. MakeMyTrip Limited (NASDAQ:MMYT) has risen 111.67% since March 10, 2017 and is uptrending. It has outperformed by 94.97% the S&P500.

Among 5 analysts covering MakeMyTrip (NASDAQ:MMYT), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. MakeMyTrip had 13 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Friday, February 9 with “Hold”. The firm has “Hold” rating given on Friday, October 30 by Deutsche Bank. The rating was maintained by Jefferies on Thursday, November 2 with “Hold”. The rating was upgraded by J.P. Morgan to “Buy” on Tuesday, February 27. The firm has “Reduce” rating by Nomura given on Tuesday, February 23. The company was downgraded on Thursday, August 10 by Jefferies. Jefferies maintained the stock with “Hold” rating in Friday, October 13 report. Nomura upgraded the shares of MMYT in report on Friday, June 3 to “Neutral” rating.

Analysts await MakeMyTrip Limited (NASDAQ:MMYT) to report earnings on May, 18. They expect $-0.74 earnings per share, down 76.19% or $0.32 from last year’s $-0.42 per share. After $-0.41 actual earnings per share reported by MakeMyTrip Limited for the previous quarter, Wall Street now forecasts 80.49% negative EPS growth.

Jhl Capital Group Llc, which manages about $2.26B and $268.24M US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 800,000 shares to 1.10 million shares, valued at $42.33M in 2017Q3, according to the filing.

Among 2 analysts covering TriplePoint Venture Growth BDC Corp. (NYSE:TPVG), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. TriplePoint Venture Growth BDC Corp. had 6 analyst reports since June 29, 2016 according to SRatingsIntel. The firm has “Buy” rating by Ladenburg Thalmann given on Monday, May 2. The rating was downgraded by Compass Point on Tuesday, August 29 to “Hold”. Compass Point initiated TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) on Wednesday, June 29 with “Buy” rating. The firm has “Buy” rating given on Thursday, September 22 by Compass Point. The firm has “Neutral” rating by Compass Point given on Thursday, August 25. The rating was upgraded by Compass Point to “Buy” on Tuesday, November 28.

Advisors Asset Management Inc, which manages about $16.50B and $5.97B US Long portfolio, upped its stake in Ebay Inc (NASDAQ:EBAY) by 18,331 shares to 353,419 shares, valued at $13.59 million in 2017Q3, according to the filing. It also increased its holding in Biogen Inc (NASDAQ:BIIB) by 5,160 shares in the quarter, for a total of 13,337 shares, and has risen its stake in First Tr Mlp & Energy Income (FEI).

Analysts await TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) to report earnings on March, 12. They expect $0.32 earnings per share, up 6.67% or $0.02 from last year’s $0.3 per share. TPVG’s profit will be $5.67 million for 9.10 P/E if the $0.32 EPS becomes a reality. After $0.27 actual earnings per share reported by TriplePoint Venture Growth BDC Corp. for the previous quarter, Wall Street now forecasts 18.52% EPS growth.