Ferrari N.V. (RACE) Reaches $126.58 After 7.00% Up Move; Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) Sentiment Is 1.04

May 2, 2018 - By Migdalia James

Ferrari N.V. (NYSE:RACE) Logo

Morgan Stanley Emerging Markets Domestic Debt Fund Inc (EDD) investors sentiment increased to 1.04 in 2017 Q4. It’s up 0.04, from 1 in 2017Q3. The ratio has improved, as 25 investment managers opened new or increased equity positions, while 24 reduced and sold their positions in Morgan Stanley Emerging Markets Domestic Debt Fund Inc. The investment managers in our database now have: 12.78 million shares, up from 11.95 million shares in 2017Q3. Also, the number of investment managers holding Morgan Stanley Emerging Markets Domestic Debt Fund Inc in top ten equity positions was flat from 1 to 1 for the same number . Sold All: 5 Reduced: 19 Increased: 12 New Position: 13.




The stock of Ferrari N.V. (NYSE:RACE) is a huge mover today! The stock increased 3.35% or $4.1 during the last trading session, reaching $126.58. About 321,718 shares traded. Ferrari N.V. (NYSE:RACE) has risen 61.91% since May 2, 2017 and is uptrending. It has outperformed by 50.36% the S&P500.The move comes after 5 months positive chart setup for the $23.88B company. It was reported on May, 2 by Barchart.com. We have $135.44 PT which if reached, will make NYSE:RACE worth $1.67B more.

Penn Mutual Life Insurance Co holds 12.07% of its portfolio in Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. for 1.55 million shares. Rivernorth Capital Management Llc owns 1.64 million shares or 0.88% of their US portfolio. Moreover, Accuvest Global Advisors has 0.43% invested in the company for 76,189 shares. The Georgia-based Vident Investment Advisory Llc has invested 0.43% in the stock. E&G Advisors Lp, a Texas-based fund reported 71,000 shares.

The stock decreased 0.54% or $0.0401 during the last trading session, reaching $7.4299. About 101,829 shares traded. Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) has risen 2.58% since May 2, 2017 and is uptrending. It has underperformed by 8.97% the S&P500.

Among 11 analysts covering Ferrari (NYSE:RACE), 6 have Buy rating, 2 Sell and 3 Hold. Therefore 55% are positive. Ferrari had 19 analyst reports since November 16, 2015 according to SRatingsIntel. As per Wednesday, April 19, the company rating was maintained by Jefferies. On Monday, December 7 the stock rating was initiated by Morgan Stanley with “Overweight”. The firm earned “Buy” rating on Thursday, March 23 by Citigroup. The rating was maintained by UBS on Wednesday, October 12 with “Buy”. The stock of Ferrari N.V. (NYSE:RACE) earned “Overweight” rating by Morgan Stanley on Friday, March 24. The rating was maintained by Evercore with “In-Line” on Friday, September 1. Societe Generale initiated the shares of RACE in report on Thursday, October 13 with “Sell” rating. The firm has “Buy” rating given on Tuesday, February 7 by UBS. On Monday, November 16 the stock rating was initiated by Evercore with “Sell”. UBS maintained the shares of RACE in report on Friday, January 29 with “Buy” rating.

Ferrari N.V., through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars. The company has market cap of $23.88 billion. The firm offers seven models, including four sports cars that include 488 GTB, 488 Spider, F12berlinetta, and special series F12tfd; and three GT cars, which comprise California T, GTC4Lusso, and GTC4Lusso T. It has a 36.5 P/E ratio. It also provides LaFerrari Aperta, a limited edition supercar; Fuoriserie, a very limited editions series; one-off cars; F60 America, a V12 open air roadster; and Ferrari J50, a two-seater mid-rear-engined roadster.

Ferrari N.V. (NYSE:RACE) Ratings Chart

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