Activision Blizzard, Inc. (ATVI) Reaches $62.12 After 8.00% Up Move; Edison International (EIX) Sentiment Is 1.21

October 12, 2017 - By Louis Casey

The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) is a huge mover today! About 962,391 shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 47.83% since October 12, 2016 and is uptrending. It has outperformed by 31.13% the S&P500.The move comes after 5 months positive chart setup for the $46.90 billion company. It was reported on Oct, 12 by Barchart.com. We have $67.09 PT which if reached, will make NASDAQ:ATVI worth $3.75B more.

Edison International is the holding firm of Southern California Edison Company . The company has market cap of $25.72 billion. As of December 31, 2016, SCE, a public utility, was primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of southern California. It has a 18.84 P/E ratio. The Firm is also the parent firm of Edison Energy Group, Inc. (Edison Energy Group), a holding firm for subsidiaries engaged in pursuing competitive business opportunities across energy services and distributed solar to commercial and industrial customers.




Analysts await Edison International (NYSE:EIX) to report earnings on November, 7. They expect $1.30 EPS, up 2.36% or $0.03 from last year’s $1.27 per share. EIX’s profit will be $420.58 million for 15.29 P/E if the $1.30 EPS becomes a reality. After $0.85 actual EPS reported by Edison International for the previous quarter, Wall Street now forecasts 52.94% EPS growth.

About 537,924 shares traded. Edison International (EIX) has risen 12.39% since October 12, 2016 and is uptrending. It has underperformed by 4.31% the S&P500.

Crow Point Partners Llc holds 6.24% of its portfolio in Edison International for 485,000 shares. Rare Infrastructure Ltd owns 589,513 shares or 3.39% of their US portfolio. Moreover, Reaves W H & Co Inc has 2.26% invested in the company for 780,532 shares. The France-based Tobam has invested 1.76% in the stock. Macquarie Group Ltd, a Australia-based fund reported 10.24 million shares.

Since January 1, 0001, it had 0 insider purchases, and 3 sales for $2.46 million activity.

Activision Blizzard, Inc. is a developer and publisher of interactive entertainment content and services. The company has market cap of $46.90 billion. The Firm develops and distributes content and services across various gaming platforms, including video game consoles, personal computers and mobile devices. It has a 42.15 P/E ratio. The Company’s divisions include Activision Publishing, Inc. (Activision), Blizzard Entertainment, Inc. (Blizzard), King Digital Entertainment (King) and Other.

Investors sentiment increased to 1.15 in Q2 2017. Its up 0.24, from 0.91 in 2017Q1. It improved, as 53 investors sold Activision Blizzard, Inc. 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. Georgia-based Voya Investment Management Ltd has invested 0.27% in Activision Blizzard, Inc. (NASDAQ:ATVI). 44,448 are held by Kentucky Retirement Systems. First Interstate Bancorporation stated it has 0% in Activision Blizzard, Inc. (NASDAQ:ATVI). Egerton Cap (Uk) Llp has invested 5.72% in Activision Blizzard, Inc. (NASDAQ:ATVI). Johnson Fin Group holds 318 shares or 0% of its portfolio. Products Prns reported 0.33% in Activision Blizzard, Inc. (NASDAQ:ATVI). Adirondack holds 0.09% or 1,960 shares in its portfolio. Bancshares stated it has 11,883 shares. Marsico Cap Management Llc accumulated 1.01M shares. 182,485 were accumulated by Credit Agricole S A. Ig Inv Mngmt has 0.1% invested in Activision Blizzard, Inc. (NASDAQ:ATVI). Moreover, Ledyard Bankshares has 0% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 492 shares. Cwm Ltd Liability Com accumulated 600 shares or 0% of the stock. Ubs Asset Mngmt Americas accumulated 4.31 million shares. Balyasny Asset Mgmt Limited Liability Corp has 0.35% invested in Activision Blizzard, Inc. (NASDAQ:ATVI).

Analysts await Activision Blizzard, Inc. (NASDAQ:ATVI) to report earnings on November, 2. They expect $0.44 EPS, down 4.35% or $0.02 from last year’s $0.46 per share. ATVI’s profit will be $332.20 million for 35.30 P/E if the $0.44 EPS becomes a reality. After $0.51 actual EPS reported by Activision Blizzard, Inc. for the previous quarter, Wall Street now forecasts -13.73% negative EPS growth.

Since May 16, 2017, it had 0 insider buys, and 1 insider sale for $1.10 million activity. 19,761 shares valued at $1.10 million were sold by ZACCONI RICCARDO on Tuesday, May 16.

Among 27 analysts covering Activision Blizzard (NASDAQ:ATVI), 22 have Buy rating, 0 Sell and 5 Hold. Therefore 81% are positive. Activision Blizzard has $7800 highest and $29.51 lowest target. $58.26’s average target is -6.21% below currents $62.12 stock price. Activision Blizzard had 103 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Mizuho on Friday, January 13 with “Buy”. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Buy” rating given on Wednesday, September 6 by Cowen & Co. The stock has “Outperform” rating by Macquarie Research on Wednesday, November 4. Credit Suisse maintained Activision Blizzard, Inc. (NASDAQ:ATVI) on Monday, January 25 with “Outperform” rating. Stifel Nicolaus maintained it with “Buy” rating and $7100 target in Sunday, August 6 report. The firm earned “Buy” rating on Monday, November 7 by Benchmark. Morgan Stanley maintained the shares of ATVI in report on Wednesday, June 7 with “Buy” rating. The stock has “Buy” rating by Hilliard Lyons on Tuesday, February 16. Barclays Capital maintained Activision Blizzard, Inc. (NASDAQ:ATVI) on Thursday, June 16 with “Overweight” rating. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Buy” rating given on Friday, May 6 by Benchmark.

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