Activision Blizzard INC (ATVI) Share Price Rose While Hhr Asset Management LLC Has Boosted by $44.75 Million Its Holding

April 23, 2018 - By Marie Mckinney

Activision Blizzard, Inc. (NASDAQ:ATVI) LogoInvestors sentiment decreased to 1.18 in Q4 2017. Its down 0.20, from 1.38 in 2017Q3. It dropped, as 51 investors sold ATVI shares while 225 reduced holdings. 92 funds opened positions while 233 raised stakes. 631.75 million shares or 1.26% less from 639.82 million shares in 2017Q3 were reported. Winslow Cap Mgmt Limited Company stated it has 29 shares or 0% of all its holdings. Quantitative Systematic Strategies Lc invested in 4,024 shares or 0.06% of the stock. Boothbay Fund Ltd Liability Corporation owns 43,337 shares. Pacific Management invested in 8,926 shares. Mitsubishi Ufj Trust And Banking Corporation owns 1.72M shares or 0.19% of their US portfolio. Umb Comml Bank N A Mo accumulated 20,155 shares. Aureus Asset Mngmt Limited Liability Corp owns 18,490 shares for 0.18% of their portfolio. Quinn Opportunity Prtn owns 0.2% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 19,000 shares. Texas-based Next Fincl Group has invested 0.21% in Activision Blizzard, Inc. (NASDAQ:ATVI). Sumitomo Mitsui Trust Incorporated has invested 0.19% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). Kayne Anderson Rudnick Investment Management holds 0.18% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI) for 340,837 shares. Ledyard Bankshares reported 0% stake. Buckingham Asset Mngmt Ltd Liability Corp holds 0.04% or 3,336 shares in its portfolio. Peak6 Invs Limited Partnership holds 0.06% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI) for 200,152 shares. Schroder Management Grp stated it has 2.66M shares or 0.28% of all its holdings.

Since February 16, 2018, it had 0 insider purchases, and 7 selling transactions for $157.83 million activity. On Tuesday, February 20 the insider Morhaime Michael sold $14.62M. $5.41M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) was sold by Durkin Dennis M on Monday, March 12. KELLY BRIAN G also sold $120.10M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) on Wednesday, February 21. Shares for $1.42 million were sold by MORGADO ROBERT J on Friday, February 23. Another trade for 120,521 shares valued at $8.72 million was sold by Wereb Stephen G. Another trade for 88,000 shares valued at $6.15 million was sold by CORTI ROBERT J.

Hhr Asset Management Llc increased its stake in Activision Blizzard Inc (ATVI) by 153.2% based on its latest 2017Q4 regulatory filing with the SEC. Hhr Asset Management Llc bought 710,332 shares as the company’s stock rose 2.76% while stock markets declined. The hedge fund held 1.17M shares of the technology company at the end of 2017Q4, valued at $74.34 million, up from 463,660 at the end of the previous reported quarter. Hhr Asset Management Llc who had been investing in Activision Blizzard Inc for a number of months, seems to be bullish on the $50.26B market cap company. The stock decreased 0.08% or $0.05 during the last trading session, reaching $66.25. About 3.42M shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 34.46% since April 23, 2017 and is uptrending. It has outperformed by 22.91% the S&P500.

Hhr Asset Management Llc, which manages about $2.77B and $1.79 billion US Long portfolio, decreased its stake in Alphabet Inc by 13,867 shares to 70,696 shares, valued at $73.98 million in 2017Q4, according to the filing. It also reduced its holding in Nike Inc (NYSE:NKE) by 283,590 shares in the quarter, leaving it with 1.18M shares, and cut its stake in Alliance Data Systems Corp (NYSE:ADS).

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Coverage

Among 20 analysts covering Activision Blizzard (NASDAQ:ATVI), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Activision Blizzard had 26 analyst reports since October 27, 2017 according to SRatingsIntel. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Buy” rating by Oppenheimer on Thursday, February 8. Jefferies maintained the stock with “Buy” rating in Friday, February 9 report. The rating was maintained by Bank of America on Tuesday, February 6 with “Buy”. As per Thursday, February 1, the company rating was maintained by Stifel Nicolaus. Jefferies maintained the stock with “Buy” rating in Friday, November 3 report. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Hold” rating given on Wednesday, November 1 by BMO Capital Markets. Piper Jaffray maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Monday, January 22. Piper Jaffray has “Buy” rating and $72.0 target. The company was maintained on Friday, February 9 by KeyBanc Capital Markets. The stock has “Equal-Weight” rating by Barclays Capital on Friday, February 9. The firm has “Buy” rating given on Friday, October 27 by SunTrust.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Chart

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