Twitter INC (TWTR) Market Value Rose While Coatue Management LLC Lifted Position

April 22, 2018 - By Adrian Mccoy

Twitter, Inc. (NYSE:TWTR) LogoInvestors sentiment increased to 1.37 in 2017 Q4. Its up 0.09, from 1.28 in 2017Q3. It increased, as 48 investors sold TWTR shares while 116 reduced holdings. 86 funds opened positions while 138 raised stakes. 391.71 million shares or 9.95% more from 356.28 million shares in 2017Q3 were reported. Rbf Limited Liability Co invested in 0.3% or 115,000 shares. Blair William Il holds 0.05% of its portfolio in Twitter, Inc. (NYSE:TWTR) for 277,598 shares. 24.35 million are owned by Coatue Mgmt Ltd Llc. J Goldman And Lp reported 0.61% of its portfolio in Twitter, Inc. (NYSE:TWTR). Hudson Bay Cap Lp has invested 0.04% in Twitter, Inc. (NYSE:TWTR). Raymond James And Associate has invested 0.12% in Twitter, Inc. (NYSE:TWTR). 756,760 were accumulated by Pension Ser. Vanguard reported 53.64 million shares. British Columbia Investment holds 222,954 shares or 0.04% of its portfolio. The United Kingdom-based Marshall Wace Ltd Liability Partnership has invested 0.03% in Twitter, Inc. (NYSE:TWTR). Hilltop reported 0.43% in Twitter, Inc. (NYSE:TWTR). Captrust Financial Advsr holds 0% or 1,379 shares. Trexquant Investment LP holds 18,570 shares. Credit Agricole S A reported 144,535 shares or 0.23% of all its holdings. Jericho Cap Asset Management LP owns 3.53 million shares for 4.43% of their portfolio.

Philippe Laffont increased its stake in Twitter Inc (TWTR) by 209.95% based on its latest 2017Q4 regulatory filing with the SEC. Coatue Management Llc bought 16.50M shares as the company’s stock rose 14.76% while stock markets declined. The hedge fund run by Philippe Laffont held 24.35 million shares of the technology company at the end of 2017Q4, valued at $584.75M, up from 7.86 million at the end of the previous reported quarter. Coatue Management Llc who had been investing in Twitter Inc for a number of months, seems to be bullish on the $23.93B market cap company. The stock increased 1.17% or $0.37 during the last trading session, reaching $31.91. About 34.82 million shares traded or 3.99% up from the average. Twitter, Inc. (NYSE:TWTR) has risen 87.26% since April 22, 2017 and is uptrending. It has outperformed by 75.71% the S&P500.

Coatue Management Llc, which manages about $14.38B and $12.78B US Long portfolio, decreased its stake in Alphabet Inc by 22,889 shares to 118,088 shares, valued at $124.39M in 2017Q4, according to the filing. It also reduced its holding in Stratasys Ltd (NASDAQ:SSYS) by 321,666 shares in the quarter, leaving it with 135,181 shares, and cut its stake in Fitbit Inc.

Twitter, Inc. (NYSE:TWTR) Ratings Coverage

Among 28 analysts covering Twitter (NYSE:TWTR), 7 have Buy rating, 6 Sell and 15 Hold. Therefore 25% are positive. Twitter had 49 analyst reports since October 24, 2017 according to SRatingsIntel. On Monday, December 18 the stock rating was upgraded by JP Morgan to “Overweight”. The rating was upgraded by Maxim Group on Friday, April 20 to “Buy”. GBH Insights maintained the stock with “Hold” rating in Tuesday, February 6 report. As per Monday, February 5, the company rating was maintained by RBC Capital Markets. Canaccord Genuity maintained the stock with “Hold” rating in Tuesday, January 2 report. The firm has “Buy” rating given on Wednesday, December 20 by Argus Research. Barclays Capital maintained Twitter, Inc. (NYSE:TWTR) rating on Friday, October 27. Barclays Capital has “Underweight” rating and $18 target. The firm earned “Hold” rating on Thursday, February 8 by Robert W. Baird. Citigroup maintained the shares of TWTR in report on Friday, February 9 with “Neutral” rating. As per Thursday, February 8, the company rating was maintained by Aegis Capital.

Twitter, Inc. (NYSE:TWTR) Institutional Positions Chart

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