MKM Partners Cuts Expedia (EXPE) To “Neutral” from “Buy”; Shorts at CA (CA) Lowered By 19.97%

December 7, 2017 - By Michael Collier

CA Incorporated (NASDAQ:CA) had a decrease of 19.97% in short interest. CA’s SI was 6.93M shares in December as released by FINRA. Its down 19.97% from 8.66 million shares previously. With 2.33M avg volume, 3 days are for CA Incorporated (NASDAQ:CA)’s short sellers to cover CA’s short positions. The SI to CA Incorporated’s float is 2.21%. The stock increased 0.24% or $0.08 during the last trading session, reaching $33.3. About 1.71 million shares traded. CA, Inc. (NASDAQ:CA) has risen 0.22% since December 7, 2016 and is uptrending. It has underperformed by 16.48% the S&P500.

Among 36 analysts covering Expedia Inc. (NASDAQ:EXPE), 26 have Buy rating, 0 Sell and 10 Hold. Therefore 72% are positive. Expedia Inc. has $190 highest and $27 lowest target. $149.80’s average target is 25.70% above currents $119.17 stock price. Expedia Inc. had 102 analyst reports since July 24, 2015 according to SRatingsIntel. Moffett Nathanson maintained Expedia, Inc. (NASDAQ:EXPE) on Thursday, March 17 with “Buy” rating. Credit Suisse maintained it with “Neutral” rating and $130 target in Thursday, February 11 report. The company was maintained on Friday, October 30 by RBC Capital Markets. The rating was downgraded by Bank of America to “Hold” on Friday, October 27. The rating was maintained by Janney Capital with “Neutral” on Tuesday, August 4. The stock has “Buy” rating by Needham on Wednesday, June 21. The rating was maintained by Nomura with “Neutral” on Thursday, February 11. On Thursday, September 17 the stock rating was maintained by Canaccord Genuity with “Buy”. The rating was maintained by KeyBanc Capital Markets on Wednesday, September 6 with “Buy”. On Thursday, March 31 the stock rating was initiated by Pacific Crest with “Sector Weight”.

Among 16 analysts covering CA Technologies (NASDAQ:CA), 2 have Buy rating, 4 Sell and 10 Hold. Therefore 13% are positive. CA Technologies had 34 analyst reports since August 6, 2015 according to SRatingsIntel. Barclays Capital downgraded CA, Inc. (NASDAQ:CA) on Friday, July 15 to “Equal-Weight” rating. RBC Capital Markets maintained CA, Inc. (NASDAQ:CA) on Sunday, September 24 with “Hold” rating. The rating was maintained by Jefferies with “Buy” on Friday, July 7. Cowen & Co maintained the stock with “Sell” rating in Thursday, October 26 report. As per Friday, October 27, the company rating was maintained by Jefferies. On Wednesday, November 18 the stock rating was upgraded by Standpoint Research to “Buy”. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, August 20 report. The firm has “Equal-Weight” rating given on Thursday, October 26 by Barclays Capital. As per Tuesday, September 26, the company rating was maintained by Jefferies. The firm has “Neutral” rating by Credit Suisse given on Thursday, April 21.

CA, Inc. provides software and solutions that help organizations to plan, develop, manage, and secure applications and enterprise environments in the United States and internationally. The company has market cap of $13.94 billion. The firm operates through three divisions: Enterprise Solutions, Mainframe Solutions, and Services. It has a 19.25 P/E ratio. The Mainframe Solutions segment offers DevOps solutions and tools for development, testing, and deployment that support collaboration across the software development lifecycle and mobile to mainframe teams; activities intelligence and automation solutions; and security and compliance solutions.

Investors sentiment decreased to 0.96 in Q2 2017. Its down 0.14, from 1.1 in 2017Q1. It dived, as 37 investors sold CA, Inc. shares while 167 reduced holdings. 59 funds opened positions while 136 raised stakes. 278.58 million shares or 2.52% less from 285.78 million shares in 2017Q1 were reported. Centurylink Invest Management reported 48,703 shares. Exxonmobil Tx holds 0.05% or 60,165 shares in its portfolio. Huntington State Bank invested 0.01% of its portfolio in CA, Inc. (NASDAQ:CA). Moreover, Northwestern Mutual Wealth Management Com has 0% invested in CA, Inc. (NASDAQ:CA). Evercore Wealth Management Ltd reported 0% in CA, Inc. (NASDAQ:CA). 16,967 are owned by Arete Wealth Advsrs Limited Co. Commonwealth Equity Service reported 0.01% stake. Gareth Morgan Limited Partnership invested in 83,193 shares or 0.26% of the stock. Moreover, Nomura has 0% invested in CA, Inc. (NASDAQ:CA) for 23,660 shares. Alexandria Lc has invested 0% in CA, Inc. (NASDAQ:CA). 902,264 are owned by Principal Fin Grp Inc Inc. Ig Investment Mngmt holds 0.07% or 399,700 shares. California Pub Employees Retirement System holds 0.05% or 847,372 shares in its portfolio. Dynamic Capital Management Ltd invested in 131,164 shares. Todd Asset Mngmt Limited Liability holds 64,571 shares.

Analysts await Expedia, Inc. (NASDAQ:EXPE) to report earnings on February, 8. They expect $0.94 earnings per share, down 3.09% or $0.03 from last year’s $0.97 per share. EXPE’s profit will be $143.35M for 31.69 P/E if the $0.94 EPS becomes a reality. After $2.49 actual earnings per share reported by Expedia, Inc. for the previous quarter, Wall Street now forecasts -62.25% negative EPS growth.

Expedia, Inc., together with its subsidiaries, operates as an online travel firm in the United States and internationally. The company has market cap of $18.17 billion. The firm operates through four divisions: Core OTA, Trivago, Egencia, and HomeAway. It has a 46.35 P/E ratio. It facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transactions.

Investors sentiment decreased to 1.29 in Q2 2017. Its down 0.05, from 1.34 in 2017Q1. It dropped, as 44 investors sold Expedia, Inc. shares while 157 reduced holdings. 90 funds opened positions while 170 raised stakes. 124.48 million shares or 4.08% more from 119.60 million shares in 2017Q1 were reported. Hound Prtn Limited Com owns 8.45% invested in Expedia, Inc. (NASDAQ:EXPE) for 2.25 million shares. The Connecticut-based Verition Fund Mngmt Ltd Com has invested 0.14% in Expedia, Inc. (NASDAQ:EXPE). Regentatlantic Capital Limited Liability holds 0.26% of its portfolio in Expedia, Inc. (NASDAQ:EXPE) for 19,427 shares. Moreover, Manufacturers Life Ins Company The has 0.03% invested in Expedia, Inc. (NASDAQ:EXPE). Sandy Spring Savings Bank holds 0% or 100 shares in its portfolio. Eaton Vance Mgmt has 13,319 shares for 0.01% of their portfolio. Fir Tree has invested 3.51% in Expedia, Inc. (NASDAQ:EXPE). Bp Plc invested in 0.08% or 14,000 shares. Stephens Investment Grp Limited Liability Corporation invested in 0.71% or 197,952 shares. Columbus Circle Investors reported 0.62% stake. Golub Group Ltd Llc owns 1.99% invested in Expedia, Inc. (NASDAQ:EXPE) for 140,351 shares. Rainier Lc reported 6,530 shares. Rmb Ltd Liability Company reported 49,675 shares stake. 35,700 were reported by South Dakota Investment Council. Ww Asset Management has 0.06% invested in Expedia, Inc. (NASDAQ:EXPE).

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