The Advisor Group Inc. Boosts Stake in Sina Corporation (SINA)

Doris Richards
February 18, 2018

JPMorgan Chase & Co. now owns 171,113 shares of the technology company's stock valued at $19,414,000 after acquiring an additional 136,537 shares during the last quarter. The stock decreased 0.08% or $0.03 during the last trading session, reaching $37.62. About 965,255 shares traded. Yum! Chemed Corporation (NYSE:CHE) has risen 54.48% since February 15, 2017 and is uptrending. It has outperformed by 2.33% the S&P500.

Several analysts have released their opinion on SINA Corporation (NASDAQ:SINA), with 4 analysts believing it is a strong buy. Therefore 78% are positive. Sina Corporation had 20 analyst reports since August 19, 2015 according to SRatingsIntel. The firm now has an overweight rating on the technology company's stock. The stock of SINA Corporation (NASDAQ:SINA) has "Buy" rating given on Tuesday, January 23 by Jefferies. BidaskClub downgraded shares of SINA from a "hold" rating to a "sell" rating in a research note on Thursday, February 8th. The stock of SINA Corporation (NASDAQ:SINA) has "Buy" rating given on Thursday, August 10 by Jefferies. On Thursday, November 2 the stock rating was maintained by Oppenheimer with "Buy". The rating was upgraded by CLSA on Wednesday, February 14 to "Buy". Credit Suisse upgraded the stock to "Outperform" rating in Thursday, April 28 report. RBC Capital Markets maintained Chemed Corporation (NYSE:CHE) rating on Wednesday, July 5.

Investors sentiment decreased to 1.04 in 2017 Q3. The stock witnessed -0.66% declines, 6.06% gains and 13.49% gains for the 1-month, 3-month and 6-month period, respectively. It is negative, as 21 investors sold SINA Corporation shares while 68 reduced holdings. 46 funds opened positions while 64 raised stakes. Fmr Ltd Llc reported 820,357 shares or 0.01% of all its holdings. Envestnet Asset Management has invested 0% in SINA Corporation (NASDAQ:SINA). Mitsubishi Ufj Tru And Banking Corp has 91,158 shares for 0.02% of their portfolio. Moreover, Aristeia Cap Limited has 13.24% invested in SINA Corporation (NASDAQ:SINA) for 2.95 million shares. 8,757 were accumulated by Commerzbank Aktiengesellschaft Fi. Ltd. increased its holdings in SINA by 10.0% during the third quarter. Van Berkom Assoc stated it has 395,070 shares or 2.87% of all its holdings. Lazard Asset Limited Liability holds 3,300 shares or 0% of its portfolio. Guggenheim Lc holds 0.03% or 116,192 shares in its portfolio. Huntington Natl Bank invested 0% of its portfolio in Chemed Corporation (NYSE:CHE). Winslow Evans And Crocker Incorporated owns 0.12% invested in SINA Corporation (NASDAQ:SINA) for 3,200 shares. State Of New Jersey Common Pension Fund D holds 0.01% or 14,731 shares in its portfolio.

SINA Corp (NASDAQ:SINA) has earned a consensus rating of "Buy" from the nine research firms that are now covering the company, MarketBeat reports. The company has a market capitalization of $8,406.55, a PE ratio of 56.87 and a beta of 1.03. The Company's digital media network of (portal), SINA mobile (mobile portal and mobile applications) and Weibo (social media) enables Internet users to access professional media and user generated content (UGCs) in multi-media formats from personal computers and mobile devices, and share their interests with friends and acquaintances. It has a 66.99 P/E ratio. The stock increased 1.74% or $4.35 during the last trading session, reaching $253.73. About 696,559 shares traded.

SINA (NASDAQ:SINA) last announced its earnings results on Tuesday, February 13th. It has outperformed by 122.64% the S&P500. Grantham Mayo Van Otterloo & Limited Liability invested 0.02% in Chemed Corporation (NYSE:CHE). Its up 0.22, from 0.77 in 2017Q2. It dropped, as 84 investors sold HAL shares while 297 reduced holdings. 67 funds opened positions while 219 raised stakes. 679.57 million shares or 0.21% less from 681.00 million shares in 2017Q2 were reported. State Of Wisconsin Invest Board owns 747,500 shares or 0.25% of their USA portfolio. 40,773 were accumulated by First Advisors L P. Wells Fargo And Co Mn holds 0.08% or 2.33M shares in its portfolio. Natixis holds 0.01% or 5,617 shares in its portfolio. Moreover, Mackenzie Financial Corp has 0.11% invested in Halliburton Company (NYSE:HAL). Brands, Inc. (NYSE:YUM) for 34,423 shares. 202,000 shares were sold by WEBB MICHAEL R, worth $7.01M. Sivik Glob Healthcare Limited Liability invested 0.86% of its portfolio in Chemed Corporation (NYSE:CHE). Guinness Atkinson Asset stated it has 0.77% of its portfolio in Halliburton Company (NYSE:HAL).

Dudley & Shanley Llc, which manages about $615.98 million and $453.11 million US Long portfolio, decreased its stake in Usg Corp (NYSE:USG) by 366,550 shares to 788,050 shares, valued at $25.73 million in 2017Q3, according to the filing. Financial Bank Of Montreal Can invested in 0% or 1,343 shares. Nomura Asset Management Co.

Since September 1, 2017, it had 0 insider buys, and 5 selling transactions for $2.82 million activity. Another trade for 750 shares valued at $166,568 was made by Dallob Naomi C on Monday, October 30. Net income attributable to Sina's ordinary shareholders for the fourth quarter was $45.4 million, or 60 cents per fully diluted share, compared with $19.9 million, or 27 cents, in the same period a year ago. It also upped Adobe Sys Inc (NASDAQ:ADBE) stake by 7,960 shares and now owns 31,786 shares.

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