As Bob Evans Farms (BOBE) Valuation Rose, Holder Bank Of Montreal Has Lowered by $1.65 Million Its Stake; Target Asset Management Pte LTD Trimmed Its Holding in Alibaba Group Hldg LTD (BABA) by $8.60 Million

February 20, 2018 - By Nellie Frank

Target Asset Management Pte Ltd decreased its stake in Alibaba Group Hldg Ltd (BABA) by 28.75% based on its latest 2017Q3 regulatory filing with the SEC. Target Asset Management Pte Ltd sold 50,000 shares as the company’s stock rose 22.58% with the market. The institutional investor held 123,900 shares of the business services company at the end of 2017Q3, valued at $21.40 million, down from 173,900 at the end of the previous reported quarter. Target Asset Management Pte Ltd who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $477.88 billion market cap company. The stock increased 1.40% or $2.5678 during the last trading session, reaching $186.2478. About 12.50M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since February 20, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.




Bank Of Montreal decreased its stake in Bob Evans Farms Inc (BOBE) by 94.16% based on its latest 2017Q3 regulatory filing with the SEC. Bank Of Montreal sold 21,469 shares as the company’s stock rose 25.65% with the market. The institutional investor held 1,331 shares of the consumer services company at the end of 2017Q3, valued at $103,000, down from 22,800 at the end of the previous reported quarter. Bank Of Montreal who had been investing in Bob Evans Farms Inc for a number of months, seems to be less bullish one the $1.54 billion market cap company. It closed at $77.01 lastly. It is up 55.35% since February 20, 2017 and is uptrending. It has outperformed by 38.65% the S&P500.

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.34, from 1.42 in 2017Q2. It is negative, as 34 investors sold BOBE shares while 49 reduced holdings. 45 funds opened positions while 45 raised stakes. 15.17 million shares or 0.03% more from 15.16 million shares in 2017Q2 were reported. Arizona State Retirement Sys stated it has 0.01% in Bob Evans Farms, Inc. (NASDAQ:BOBE). Cutler Invest Counsel Llc accumulated 4,100 shares. Piedmont Investment Advsr Llc has invested 0.01% in Bob Evans Farms, Inc. (NASDAQ:BOBE). Natixis reported 0% stake. California-based Perigon Wealth Mngmt Limited Liability Co has invested 0.03% in Bob Evans Farms, Inc. (NASDAQ:BOBE). Teachers Retirement Systems Of The State Of Kentucky invested in 5,800 shares or 0.01% of the stock. California State Teachers Retirement Sys holds 31,755 shares. Waddell Reed Financial stated it has 553,721 shares or 0.1% of all its holdings. Zurcher Kantonalbank (Zurich Cantonalbank) owns 657 shares. Koch Industries Inc holds 1.33% of its portfolio in Bob Evans Farms, Inc. (NASDAQ:BOBE) for 72,000 shares. Parkside Retail Bank & Tru has 0% invested in Bob Evans Farms, Inc. (NASDAQ:BOBE) for 12 shares. Macquarie Grp Inc reported 700 shares or 0% of all its holdings. Prelude Cap Management Ltd Liability Company has 44,139 shares. New York State Teachers Retirement System stated it has 0.01% of its portfolio in Bob Evans Farms, Inc. (NASDAQ:BOBE). Thrivent Fincl For Lutherans has 0% invested in Bob Evans Farms, Inc. (NASDAQ:BOBE) for 12,110 shares.

Among 8 analysts covering Bob Evans Farms (NASDAQ:BOBE), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Bob Evans Farms had 17 analyst reports since August 31, 2015 according to SRatingsIntel. The firm has “Hold” rating by Oppenheimer given on Monday, June 26. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, December 2. The stock has “Buy” rating by Maxim Group on Tuesday, June 13. Stephens upgraded the stock to “Equal-Weight” rating in Thursday, December 3 report. As per Friday, September 22, the company rating was downgraded by William Blair. The stock of Bob Evans Farms, Inc. (NASDAQ:BOBE) earned “Hold” rating by Oppenheimer on Thursday, June 15. On Wednesday, December 7 the stock rating was maintained by Maxim Group with “Buy”. The stock of Bob Evans Farms, Inc. (NASDAQ:BOBE) has “Buy” rating given on Tuesday, May 17 by Maxim Group. The firm has “Buy” rating by Maxim Group given on Wednesday, August 30. The stock has “Buy” rating by Sidoti on Wednesday, May 11.

Bank Of Montreal, which manages about $34.23B and $109.19 billion US Long portfolio, upped its stake in Suncor Energy Inc New (NYSE:SU) by 36.47 million shares to 36.57M shares, valued at $1.28 billion in 2017Q3, according to the filing. It also increased its holding in Ishares Inc (ECH) by 12,786 shares in the quarter, for a total of 58,303 shares, and has risen its stake in Penney J C Inc (Put) (NYSE:JCP).

Analysts await Bob Evans Farms, Inc. (NASDAQ:BOBE) to report earnings on March, 14. They expect $0.82 earnings per share, up 9.33% or $0.07 from last year’s $0.75 per share. BOBE’s profit will be $16.44 million for 23.48 P/E if the $0.82 EPS becomes a reality. After $0.35 actual earnings per share reported by Bob Evans Farms, Inc. for the previous quarter, Wall Street now forecasts 134.29% EPS growth.

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 168 analyst reports since August 12, 2015 according to SRatingsIntel. Robert W. Baird maintained it with “Buy” rating and $190.0 target in Thursday, September 21 report. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, August 12. UBS maintained it with “Buy” rating and $101.0 target in Friday, August 14 report. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Overweight” rating by Morgan Stanley on Thursday, December 8. Goldman Sachs maintained the stock with “Buy” rating in Tuesday, June 21 report. Morgan Stanley maintained Alibaba Group Holding Limited (NYSE:BABA) on Friday, August 12 with “Overweight” rating. The firm has “Buy” rating by Stifel Nicolaus given on Monday, July 10. The stock has “Outperform” rating by RBC Capital Markets on Friday, August 12. Oppenheimer maintained it with “Outperform” rating and $85 target in Thursday, September 17 report. The company was maintained on Tuesday, June 28 by Morgan Stanley.

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