Glovista Investments Has Decreased Netease (NTES) Position; James River Group (JRVR)’s Sentiment Is 1.54

February 17, 2018 - By Michael Collier

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. The company has market cap of $1.18 billion. It operates in four divisions: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. It has a 17.52 P/E ratio. The Excess and Surplus Lines segment underwrites property and liability insurance on an excess and surplus commercial lines basis in all states and the District of Columbia.

Glovista Investments Llc decreased Netease Inc (NTES) stake by 38.22% reported in 2017Q3 SEC filing. Glovista Investments Llc sold 6,595 shares as Netease Inc (NTES)’s stock declined 3.53%. The Glovista Investments Llc holds 10,661 shares with $2.81M value, down from 17,256 last quarter. Netease Inc now has $40.35 billion valuation. The stock decreased 0.69% or $2.13 during the last trading session, reaching $307.44. About 663,500 shares traded. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since February 17, 2017 and is uptrending. It has outperformed by 61.15% the S&P500.




Philadelphia Financial Management Of San Francisco Llc holds 4.71% of its portfolio in James River Group Holdings, Ltd. for 645,175 shares. Rk Capital Management Llc owns 250,841 shares or 2.42% of their US portfolio. Moreover, Redwood Investments Llc has 1.09% invested in the company for 230,374 shares. The Massachusetts-based Monarch Partners Asset Management Llc has invested 0.72% in the stock. Opus Capital Group Llc, a Ohio-based fund reported 74,507 shares.

The stock increased 2.57% or $1 during the last trading session, reaching $39.88. About 322,240 shares traded. James River Group Holdings, Ltd. (JRVR) has risen 33.65% since February 17, 2017 and is uptrending. It has outperformed by 16.95% the S&P500.

Analysts await James River Group Holdings, Ltd. (NASDAQ:JRVR) to report earnings on February, 21. They expect $0.75 earnings per share, down 2.60% or $0.02 from last year’s $0.77 per share. JRVR’s profit will be $22.21M for 13.29 P/E if the $0.75 EPS becomes a reality. After $0.36 actual earnings per share reported by James River Group Holdings, Ltd. for the previous quarter, Wall Street now forecasts 108.33% EPS growth.

Analysts await NetEase, Inc. (NASDAQ:NTES) to report earnings on February, 21. They expect $2.41 earnings per share, down 39.90% or $1.60 from last year’s $4.01 per share. NTES’s profit will be $316.33 million for 31.89 P/E if the $2.41 EPS becomes a reality. After $2.86 actual earnings per share reported by NetEase, Inc. for the previous quarter, Wall Street now forecasts -15.73% negative EPS growth.

Glovista Investments Llc increased Turkcell Iletisim Hizmetleri (NYSE:TKC) stake by 297,127 shares to 447,523 valued at $3.95 million in 2017Q3. It also upped Spdr Series Trust (XBI) stake by 119,420 shares and now owns 123,796 shares. Vanguard Scottsdale Fds (VCIT) was raised too.

Among 19 analysts covering NetEase (NASDAQ:NTES), 12 have Buy rating, 4 Sell and 3 Hold. Therefore 63% are positive. NetEase had 42 analyst reports since August 12, 2015 according to SRatingsIntel. As per Tuesday, January 23, the company rating was maintained by Jefferies. On Thursday, May 12 the stock rating was upgraded by Nomura to “Buy”. The firm has “Hold” rating by Jefferies given on Thursday, September 29. Standpoint Research downgraded the stock to “Hold” rating in Friday, October 16 report. The stock of NetEase, Inc. (NASDAQ:NTES) earned “Buy” rating by Nomura on Friday, November 17. Credit Suisse maintained the stock with “Outperform” rating in Monday, September 21 report. CLSA upgraded NetEase, Inc. (NASDAQ:NTES) on Monday, October 3 to “Outperform” rating. The stock of NetEase, Inc. (NASDAQ:NTES) has “Neutral” rating given on Friday, January 22 by Nomura. On Wednesday, August 12 the stock rating was upgraded by Vetr to “Hold”. The firm has “Underperform” rating by Credit Agricole given on Thursday, February 25.

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