World Wrestling Entmt INC (WWE) Stock Value Rose While Lindsell Train LTD Decreased Holding

World Wrestling Entertainment, Inc. (NYSE:WWE) LogoInvestors sentiment decreased to 1.49 in 2018 Q2. Its down 0.44, from 1.93 in 2018Q1. It worsened, as 16 investors sold WWE shares while 59 reduced holdings. 47 funds opened positions while 65 raised stakes. 46.30 million shares or 2.98% more from 44.96 million shares in 2018Q1 were reported. Teton Advsrs owns 0.22% invested in World Wrestling Entertainment, Inc. (NYSE:WWE) for 34,000 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 2,246 shares in its portfolio. American Group holds 0.01% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE) for 32,265 shares. Guggenheim Limited Com reported 21,618 shares. Ny State Common Retirement Fund has invested 0% in World Wrestling Entertainment, Inc. (NYSE:WWE). Columbus Circle Investors reported 74,569 shares. Asset Mngmt holds 0.01% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE) for 20,152 shares. Pnc Financial Serv Grp Inc Inc reported 1,662 shares. Lord Abbett And Limited reported 1.53 million shares stake. Steinberg Asset Mngmt reported 58,622 shares or 0.63% of all its holdings. Waddell & Reed Fincl invested in 258,770 shares. Bluestein R H & has 0.02% invested in World Wrestling Entertainment, Inc. (NYSE:WWE) for 5,000 shares. Jacobs Levy Equity Management reported 0.07% in World Wrestling Entertainment, Inc. (NYSE:WWE). Pinnacle Assocs stated it has 1.1% of its portfolio in World Wrestling Entertainment, Inc. (NYSE:WWE). Pinebridge Invests LP reported 6,401 shares.

Since August 16, 2018, it had 0 insider purchases, and 10 sales for $20.68 million activity. $352,385 worth of stock was sold by SPEED JEFFREY R on Friday, August 24. Another trade for 90,685 shares valued at $7.32 million was sold by Barrios George A.. Another trade for 19,108 shares valued at $1.85 million was sold by DUNN KEVIN. $984,544 worth of World Wrestling Entertainment, Inc. (NYSE:WWE) was sold by Luisi Michael J. on Thursday, August 16.

Lindsell Train Ltd decreased its stake in World Wrestling Entmt Inc (WWE) by 14.52% based on its latest 2018Q2 regulatory filing with the SEC. Lindsell Train Ltd sold 1.04M shares as the company’s stock rose 39.53% with the market. The institutional investor held 6.10 million shares of the consumer services company at the end of 2018Q2, valued at $443.97 million, down from 7.13M at the end of the previous reported quarter. Lindsell Train Ltd who had been investing in World Wrestling Entmt Inc for a number of months, seems to be less bullish one the $5.86B market cap company. The stock increased 4.88% or $3.49 during the last trading session, reaching $75.05. About 976,331 shares traded. World Wrestling Entertainment, Inc. (NYSE:WWE) has risen 293.46% since December 6, 2017 and is uptrending. It has outperformed by 277.84% the S&P500.

Lindsell Train Ltd, which manages about $6.07B and $4.03 billion US Long portfolio, upped its stake in Pepsico Inc (NYSE:PEP) by 298,000 shares to 3.47 million shares, valued at $378.11M in 2018Q2, according to the filing. It also increased its holding in Manchester United Plc (NYSE:MANU) by 182,130 shares in the quarter, for a total of 8.10 million shares, and has risen its stake in Disney Walt Co (NYSE:DIS).

Analysts await World Wrestling Entertainment, Inc. (NYSE:WWE) to report earnings on February, 14. They expect $0.29 EPS, up 38.10 % or $0.08 from last year’s $0.21 per share. WWE’s profit will be $22.63 million for 64.70 P/E if the $0.29 EPS becomes a reality. After $0.35 actual EPS reported by World Wrestling Entertainment, Inc. for the previous quarter, Wall Street now forecasts -17.14 % negative EPS growth.

More notable recent World Wrestling Entertainment, Inc. (NYSE:WWE) news were published by: Businesswire.com which released: “WWE®’s George Barrios to Participate in the 46th Annual UBS Global Media and Communications Conference – Business Wire” on November 20, 2018, also Finance.Yahoo.com with their article: “Why WWE Stock Is Falling Today – Yahoo Finance” published on October 02, 2018, Businesswire.com published: “Chicago to Host WWE® Survivor Series® in 2019 – Business Wire” on November 19, 2018. More interesting news about World Wrestling Entertainment, Inc. (NYSE:WWE) were released by: Seekingalpha.com and their article: “World Wrestling Entertainment Is A Short With 35% Downside – Seeking Alpha” published on October 09, 2018 as well as Benzinga.com‘s news article titled: “40 Biggest Movers From Yesterday – Benzinga” with publication date: November 29, 2018.

World Wrestling Entertainment, Inc. (NYSE:WWE) Ratings Coverage

Among 6 analysts covering World Wrestling Enter (NYSE:WWE), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. World Wrestling Enter had 10 analyst reports since June 15, 2018 according to SRatingsIntel. The stock of World Wrestling Entertainment, Inc. (NYSE:WWE) earned “Neutral” rating by Citigroup on Monday, October 29. On Monday, August 27 the stock rating was maintained by Citigroup with “Neutral”. Morgan Stanley maintained the shares of WWE in report on Tuesday, October 30 with “Overweight” rating. Morgan Stanley maintained the shares of WWE in report on Friday, July 13 with “Overweight” rating. Citigroup maintained it with “Neutral” rating and $69 target in Thursday, June 28 report. BTIG Research maintained it with “Buy” rating and $92 target in Friday, July 6 report. On Friday, November 30 the stock rating was upgraded by JP Morgan to “Overweight”. The company was maintained on Friday, July 27 by JP Morgan. Guggenheim maintained World Wrestling Entertainment, Inc. (NYSE:WWE) rating on Wednesday, November 28. Guggenheim has “Buy” rating and $10500 target. As per Friday, June 15, the company rating was maintained by Wells Fargo.

World Wrestling Entertainment, Inc. (NYSE:WWE) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.