Central Asset Investments & Management Holdings Hk LTD Lowered Its Activision Blizzard INC (ATVI) Stake by $3.22 Million as Shares Rose

October 2, 2018 - By Louis Casey

Activision Blizzard, Inc. (NASDAQ:ATVI) LogoInvestors sentiment increased to 1.2 in 2018 Q2. Its up 0.30, from 0.9 in 2018Q1. It is positive, as 51 investors sold ATVI shares while 222 reduced holdings. 95 funds opened positions while 232 raised stakes. 644.93 million shares or 0.98% more from 638.65 million shares in 2018Q1 were reported. Nuveen Asset Ltd Com has invested 0.01% in Activision Blizzard, Inc. (NASDAQ:ATVI). New Mexico Educational Retirement Board has 0.21% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 69,900 shares. Joel Isaacson & Communications holds 0.09% or 7,045 shares in its portfolio. Ledyard Natl Bank owns 492 shares for 0% of their portfolio. Amalgamated Bank holds 0.22% or 117,598 shares in its portfolio. Scge LP invested in 814,000 shares or 6.39% of the stock. Johnson Invest Counsel owns 9,571 shares. Bb&T has 0.24% invested in Activision Blizzard, Inc. (NASDAQ:ATVI). Salem Investment Counselors Inc reported 0% stake. Calamos Advsr Limited Co accumulated 83,884 shares or 0.04% of the stock. Moreover, Sands Cap Limited Co has 1.23% invested in Activision Blizzard, Inc. (NASDAQ:ATVI). L S reported 25,552 shares or 0.33% of all its holdings. Menora Mivtachim Holdings accumulated 283,850 shares or 0.61% of the stock. Mitchell Capital Mngmt Co holds 80,260 shares. State Of Wisconsin Investment Board invested in 845,861 shares or 0.19% of the stock.

Since May 16, 2018, it had 0 insider buys, and 3 selling transactions for $4.14 million activity.

Central Asset Investments & Management Holdings Hk Ltd decreased its stake in Activision Blizzard Inc (ATVI) by 3.08% based on its latest 2018Q2 regulatory filing with the SEC. Central Asset Investments & Management Holdings Hk Ltd sold 246 shares as the company’s stock rose 5.02% with the market. The institutional investor held 7,754 shares of the technology company at the end of 2018Q2, valued at $101.60 million, down from 8,000 at the end of the previous reported quarter. Central Asset Investments & Management Holdings Hk Ltd who had been investing in Activision Blizzard Inc for a number of months, seems to be less bullish one the $63.66B market cap company. The stock increased 0.26% or $0.22 during the last trading session, reaching $83.5. About 1.34 million shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 21.83% since October 2, 2017 and is uptrending. It has outperformed by 6.21% the S&P500.

Analysts await Activision Blizzard, Inc. (NASDAQ:ATVI) to report earnings on November, 1. They expect $0.47 earnings per share, up 9.30 % or $0.04 from last year’s $0.43 per share. ATVI’s profit will be $358.33 million for 44.41 P/E if the $0.47 EPS becomes a reality. After $0.56 actual earnings per share reported by Activision Blizzard, Inc. for the previous quarter, Wall Street now forecasts -16.07 % negative EPS growth.

More notable recent Activision Blizzard, Inc. (NASDAQ:ATVI) news were published by: Seekingalpha.com which released: “Morgan Stanley: Google’s gaming entry the future of delivery” on October 02, 2018, also 247Wallst.com with their article: “4 Top Stocks on Wedbush’s Best Idea List” published on October 01, 2018, Nasdaq.com published: “Why ATVI Is Still A Buy, Even After Yesterday’s Pop” on September 12, 2018. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) were released by: Nasdaq.com and their article: “7 Consumer Stocks to Buy as Confidence Is Up Ahead of Holidays” published on October 02, 2018 as well as Fool.com‘s news article titled: “Overwatch League Expansion Could Bring in $480 million for Activision Blizzard” with publication date: September 16, 2018.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Coverage

Among 10 analysts covering Activision Blizzard (NASDAQ:ATVI), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Activision Blizzard had 11 analyst reports since May 1, 2018 according to SRatingsIntel. On Friday, May 4 the stock rating was maintained by Credit Suisse with “Outperform”. On Friday, May 4 the stock rating was maintained by Bank of America with “Buy”. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Overweight” rating by Morgan Stanley on Wednesday, July 11. The rating was maintained by Wedbush on Monday, October 1 with “Outperform”. The company was maintained on Monday, June 18 by KeyBanc Capital Markets. Barclays Capital maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Monday, August 6. Barclays Capital has “Equal-Weight” rating and $79 target. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Neutral” rating by Bank of America on Friday, August 31. As per Tuesday, May 1, the company rating was initiated by J.P. Morgan. The stock has “Buy” rating by William Blair on Friday, May 4. The firm has “Buy” rating given on Friday, May 4 by Stifel Nicolaus.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Chart

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