Stonehill Capital Management Cut Its Holding in Luxfer Adr (LXFR) as Market Value Rose; Activision Blizzard (ATVI) Shareholder Soros Fund Management Has Lowered Its Stake by $10.29 Million

November 9, 2017 - By Marie Mckinney

Stonehill Capital Management Llc decreased its stake in Luxfer Adr (LXFR) by 44.83% based on its latest 2017Q2 regulatory filing with the SEC. Stonehill Capital Management Llc sold 691,688 shares as the company’s stock rose 11.70% with the market. The hedge fund held 851,095 shares of the major chemicals company at the end of 2017Q2, valued at $10.89M, down from 1.54M at the end of the previous reported quarter. Stonehill Capital Management Llc who had been investing in Luxfer Adr for a number of months, seems to be less bullish one the $357.40M market cap company. The stock declined 1.46% or $0.2 reaching $13.53 per share. About 5,434 shares traded. Luxfer Holdings PLC (ADR) (NYSE:LXFR) has risen 2.36% since November 9, 2016 and is uptrending. It has underperformed by 14.34% the S&P500.

George Soros decreased its stake in Activision Blizzard Inc (ATVI) by 77.34% based on its latest 2017Q2 regulatory filing with the SEC. Soros Fund Management Llc sold 180,600 shares as the company’s stock rose 23.27% with the market. The hedge fund run by George Soros held 52,900 shares of the technology company at the end of 2017Q2, valued at $3.05 million, down from 233,500 at the end of the previous reported quarter. Soros Fund Management Llc who had been investing in Activision Blizzard Inc for a number of months, seems to be less bullish one the $47.79B market cap company. The stock declined 2.09% or $1.35 reaching $63.2 per share. About 900,596 shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 47.83% since November 9, 2016 and is uptrending. It has outperformed by 31.13% the S&P500.

Stonehill Capital Management Llc, which manages about $3.24 billion and $264.66M US Long portfolio, upped its stake in Ally Financial Inc Common (NYSE:ALLY) by 1.06 million shares to 2.41 million shares, valued at $50.39M in 2017Q2, according to the filing.

More news for Luxfer Holdings PLC (ADR) (NYSE:LXFR) were recently published by: Marketwatch.com, which released: “13.75” on December 14, 2011. Digitaljournal.com‘s article titled: “Luxfer Holdings PLC Sponsored ADR to Host Earnings Call” and published on November 07, 2017 is yet another important article.

Investors sentiment increased to 1.15 in Q2 2017. Its up 0.24, from 0.91 in 2017Q1. It improved, as 53 investors sold ATVI shares while 215 reduced holdings. 98 funds opened positions while 210 raised stakes. 639.89 million shares or 1.59% less from 650.21 million shares in 2017Q1 were reported. Tokio Marine Asset Mgmt Limited accumulated 0.06% or 7,762 shares. Keybank Association Oh reported 21,983 shares stake. Tcw Incorporated, California-based fund reported 34,660 shares. Salem Invest Counselors invested 0% in Activision Blizzard, Inc. (NASDAQ:ATVI). First Allied Advisory Svcs Inc has 0.07% invested in Activision Blizzard, Inc. (NASDAQ:ATVI). Northern holds 9.12 million shares or 0.15% of its portfolio. Commonwealth Of Pennsylvania Pub School Empls Retrmt System owns 51,513 shares for 0.05% of their portfolio. 15,400 are held by South Dakota Inv Council. Morgens Waterfall Vintiadis & Company owns 35,000 shares or 1.96% of their US portfolio. Spark Management Lc invested 0.11% in Activision Blizzard, Inc. (NASDAQ:ATVI). State Treasurer State Of Michigan accumulated 227,844 shares or 0.1% of the stock. Aviva Public Ltd Com owns 0.15% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 466,177 shares. Nordea Investment Mgmt reported 0.01% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). Pinebridge Investments Lp holds 0.53% or 350,403 shares. Kornitzer Capital Mngmt Ks has invested 0.01% in Activision Blizzard, Inc. (NASDAQ:ATVI).

More notable recent Activision Blizzard, Inc. (NASDAQ:ATVI) news were published by: Seekingalpha.com which released: “Activision Blizzard: Long-Term Bullish” on November 06, 2017, also Cnbc.com with their article: “Activision Blizzard shares jump on ‘Call of Duty’ sales surging 100% versus …” published on November 08, 2017, Wsj.com published: “Activision Blizzard Earnings: What to Watch” on November 02, 2017. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) were released by: Thestreet.com and their article: “Activision Blizzard Stock Surges as ‘Call of Duty’ Sales Rocket to Records” published on November 08, 2017 as well as Seekingalpha.com‘s news article titled: “Activision Blizzard: Still Undervalued” with publication date: November 03, 2017.

Since May 16, 2017, it had 0 buys, and 1 insider sale for $1.10 million activity.

Soros Fund Management Llc, which manages about $5.62 billion US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 85,200 shares to 192,400 shares, valued at $27.11M in 2017Q2, according to the filing. It also increased its holding in Nomad Foods Ltd by 827,637 shares in the quarter, for a total of 2.16 million shares, and has risen its stake in Reynolds American Inc (NYSE:RAI).

Among 28 analysts covering Activision Blizzard (NASDAQ:ATVI), 22 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive. Activision Blizzard had 115 analyst reports since July 28, 2015 according to SRatingsIntel. On Friday, August 7 the stock rating was maintained by Pacific Crest with “Overweight”. The stock has “Buy” rating by Mizuho on Friday, January 13. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Outperform” rating by Macquarie Research on Wednesday, November 4. Mizuho maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Wednesday, November 4. Mizuho has “Buy” rating and $42 target. Jefferies maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Friday, October 6. Jefferies has “Buy” rating and $78.0 target. The stock has “Neutral” rating by M Partners on Thursday, July 28. The company was maintained on Wednesday, August 23 by Robert W. Baird. The rating was maintained by UBS with “Buy” on Friday, August 4. The firm has “Outperform” rating given on Friday, August 5 by Wedbush. The firm earned “Overweight” rating on Friday, August 5 by Barclays Capital.

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