Activision Blizzard (ATVI) Investment Increased by Sumitomo Mitsui Trust Holdings, Inc

Mindy Sparks
November 13, 2017

Zacks Investment Research upgraded shares of Activision Blizzard from a hold rating to a strong-buy rating and set a $71.00 target price on the stock in a research report on Friday, October 27th. Activision Blizzard has a 1-year low of $35.12 and a 1-year high of $67.03.

Activision Blizzard (NASDAQ ATVI) traded down $0.31 during trading on Thursday, reaching $63.00.

Activision Blizzard, Inc is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. It has outperformed by 31.13% the S&P500. Short interest grew 785,360 over that period.

Several institutional investors and hedge funds have recently bought and sold shares of ATVI. The SI to Sunstone Hotel Investors Incorporated's float is 4.88%. The stock decreased 0.63% or $0.9 on November 10, reaching $142.19. About 2.53M shares traded or 24.02% up from the average. Moody's Corporation (NYSE:MCO) has risen 23.29% since November 11, 2016 and is uptrending. It has outperformed by 294.39% the S&P500.

Northern Cross Llc decreased Ambev Sa (ABEV) stake by 1.91% reported in 2017Q2 SEC filing. Nic Inc (NASDAQ:EGOV) was reduced too. Morgan Stanley lifted their target price on shares of Activision Blizzard from $70.00 to $72.00 and gave the company an overweight rating in a research report on Friday, November 3rd. Therefore 79% are positive. The Company operates through Activision Publishing, Inc (Activision) and its subsidiaries, Blizzard Entertainment, Inc (Blizzard) and its subsidiaries, and Other segments. Ls Advsrs Limited Co invested 0.05% of its portfolio in Activision Blizzard, Inc. The company was maintained on Friday, August 5 by Wedbush. On Friday, August 5 the stock rating was maintained by Mizuho with "Buy". The firm earned "Buy" rating on Wednesday, June 7 by Morgan Stanley. (NASDAQ:ATVI) earned "Buy" rating by Argus Research on Tuesday, August 18. They issued a "buy" rating and a $75.00 target price for the company.


Investors sentiment increased to 1.15 in Q2 2017. Its up 0.24, from 0.91 in 2017Q1. The total value of its holdings increased 15.3%. 98 funds opened positions while 210 raised stakes. As of the last earnings report the EPS was $1.46 with 756.10M shares presently outstanding. It also reduced Edwards Lifesciences (NYSE:EW) stake by 11,700 shares and now owns 5,465 shares. Fil has invested 0.47% in Activision Blizzard, Inc. Palladium Prtnrs Limited Company holds 0.02% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). Whitnell & Com holds 596 shares. Westpac Banking reported 156,849 shares. Finally, Phocas Financial Corp. acquired a new stake in shares of Activision Blizzard during the second quarter worth $173,000. Liberty Mutual Grp Asset Mngmt Inc accumulated 44,935 shares. (NASDAQ:ATVI) for 75,540 shares. Keybank National Association Oh has 21,983 shares. The company reported $0.49 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.07. Deutsche Bancorporation Ag holds 0.11% of its portfolio in Activision Blizzard, Inc. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) for 41,058 shares.

Since May 16, 2017, it had 0 buys, and 1 insider sale for $1.10 million activity. Its up 0.10, from 1.16 in 2017Q1. 28 funds opened positions while 43 raised stakes. Blackrock Inc reported 4.05 million shares. Independent Order Of Foresters reported 16,616 shares stake. Huntington Natl Bank accumulated 2,480 shares or 0% of the stock. Petrus Tru Lta accumulated 11,575 shares. Moreover, Pnc Svcs Group Inc has 0% invested in RSP Permian Inc (NYSE:RSPP). Dsc Advsrs Limited Partnership holds 0.08% or 4,137 shares in its portfolio. Los Angeles Capital And Equity holds 0% or 29,797 shares in its portfolio. Bw Gestao De Investimentos Ltda reported 200,000 shares stake. The company was upgraded on Tuesday, September 12 by Credit Suisse. Federated Investors Inc Pa has invested 0% in Sunstone Hotel Investors Inc (NYSE:SHO). Days to cover increased from 2.0 to 3.0 and the percentage of shorted shares is 0.02% as of October 13. Rhumbline Advisers holds 0% in Tronox Ltd (NYSE:TROX) or 78,438 shares. 17,138 are owned by Aviance Cap Partners Ltd Company. The Company's primary business is to acquire, own, asset manage and renovate primarily urban and resort upper upscale hotels in the United States.

Among 11 analysts covering Moody's (NYSE:MCO), 1 have Buy rating, 0 Sell and 10 Hold. Therefore 25% are positive. AmBev SA had 9 analyst reports since September 17, 2015 according to SRatingsIntel. Macquarie Research maintained Activision Blizzard, Inc. The company was initiated on Wednesday, October 14 by Atlantic Securities. On Friday, July 28 the stock rating was maintained by Barclays Capital with "Hold". Hilliard Lyons downgraded the stock to "Long-Term Buy" rating in Wednesday, March 30 report. On Wednesday, April 19 the stock rating was maintained by Boenning & Scattergood with "Neutral".

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