Ebay (EBAY) Stock Value Rose While Arizona State Retirement System Has Boosted Stake; Shoker Investment Counsel Lowered Kayne Anderson Mlp Invt Co (KYN) Holding by $322,962

April 16, 2018 - By Darrin Black

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Shoker Investment Counsel Inc decreased its stake in Kayne Anderson Mlp Invt Co (KYN) by 12.17% based on its latest 2017Q4 regulatory filing with the SEC. Shoker Investment Counsel Inc sold 16,998 shares as the company’s stock declined 10.33% with the market. The institutional investor held 122,654 shares of the company at the end of 2017Q4, valued at $2.34M, down from 139,652 at the end of the previous reported quarter. Shoker Investment Counsel Inc who had been investing in Kayne Anderson Mlp Invt Co for a number of months, seems to be less bullish one the $1.93B market cap company. The stock increased 2.12% or $0.35 during the last trading session, reaching $16.86. About 197,954 shares traded. Kayne Anderson MLP Investment Company (NYSE:KYN) has declined 18.11% since April 16, 2017 and is downtrending. It has underperformed by 29.66% the S&P500.

Arizona State Retirement System increased its stake in Ebay Inc (EBAY) by 3.42% based on its latest 2017Q4 regulatory filing with the SEC. Arizona State Retirement System bought 10,775 shares as the company’s stock rose 6.51% while stock markets declined. The institutional investor held 326,213 shares of the business services company at the end of 2017Q4, valued at $12.31M, up from 315,438 at the end of the previous reported quarter. Arizona State Retirement System who had been investing in Ebay Inc for a number of months, seems to be bullish on the $39.67B market cap company. The stock increased 0.05% or $0.02 during the last trading session, reaching $39.92. About 1.65M shares traded. eBay Inc. (NASDAQ:EBAY) has risen 20.31% since April 16, 2017 and is uptrending. It has outperformed by 8.76% the S&P500.

Since October 20, 2017, it had 0 buys, and 8 insider sales for $18.32 million activity. 14,565 eBay Inc. (NASDAQ:EBAY) shares with value of $633,885 were sold by Lee Jae Hyun. 69,406 shares were sold by FISHER STEPHEN, worth $2.61 million. PITTMAN RAYMOND J had sold 60,000 shares worth $2.62 million on Friday, February 23. Another trade for 131,332 shares valued at $5.68M was sold by Schenkel Scott F.. Yetto Kristin A sold $2.64M worth of stock or 70,398 shares. The insider Jones Wendy Elizabeth sold 9,800 shares worth $422,019.

Arizona State Retirement System, which manages about $10.26B US Long portfolio, decreased its stake in Prudential Financial Inc (NYSE:PRU) by 5,712 shares to 117,613 shares, valued at $13.52M in 2017Q4, according to the filing. It also reduced its holding in United Technologies Corp (NYSE:UTX) by 5,455 shares in the quarter, leaving it with 197,446 shares, and cut its stake in Hershey Co/The (NYSE:HSY).

Among 44 analysts covering eBay Inc (NASDAQ:EBAY), 27 have Buy rating, 3 Sell and 14 Hold. Therefore 61% are positive. eBay Inc had 164 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus on Tuesday, July 21 to “Hold”. The firm earned “Buy” rating on Wednesday, January 31 by SunTrust. Benchmark maintained it with “Buy” rating and $4000 target in Wednesday, July 19 report. The stock of eBay Inc. (NASDAQ:EBAY) earned “Buy” rating by Benchmark on Monday, October 17. The firm earned “Buy” rating on Thursday, February 1 by Bank of America. As per Thursday, September 28, the company rating was maintained by Jefferies. BMO Capital Markets maintained it with “Buy” rating and $55.0 target in Thursday, February 1 report. The rating was maintained by Argus Research with “Buy” on Wednesday, April 12. JP Morgan maintained eBay Inc. (NASDAQ:EBAY) on Thursday, September 24 with “Neutral” rating. The firm earned “Hold” rating on Thursday, August 24 by Stifel Nicolaus.

Investors sentiment increased to 0.92 in Q4 2017. Its up 0.19, from 0.73 in 2017Q3. It improved, as 56 investors sold EBAY shares while 266 reduced holdings. 81 funds opened positions while 215 raised stakes. 870.62 million shares or 0.92% less from 878.69 million shares in 2017Q3 were reported. Fmr Ltd Liability Corporation has 15.96M shares for 0.07% of their portfolio. Gabelli Funds Lc reported 0.09% stake. 1St Source Retail Bank reported 0.05% in eBay Inc. (NASDAQ:EBAY). Mrj invested in 117,386 shares or 2.38% of the stock. 232,270 were accumulated by Cornerstone Capital Mngmt Lc. New York-based Armistice Capital Ltd Liability has invested 0.99% in eBay Inc. (NASDAQ:EBAY). 84,000 were accumulated by Schwerin Boyle Capital Mgmt Inc. Price T Rowe Associate Md stated it has 0.01% of its portfolio in eBay Inc. (NASDAQ:EBAY). Alliancebernstein LP has 8.00M shares. Bp Public Limited Com has invested 0.16% in eBay Inc. (NASDAQ:EBAY). Hanson Mcclain reported 0% of its portfolio in eBay Inc. (NASDAQ:EBAY). 199,075 were reported by Thompson Siegel & Walmsley Ltd Liability. 2.18 million are owned by Mitsubishi Ufj Trust Corporation. Nordea Investment Mngmt Ab, a Sweden-based fund reported 15.52M shares. World Asset Mgmt has 0.1% invested in eBay Inc. (NASDAQ:EBAY) for 79,897 shares.

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