Sabine Royalty Trust (SBR) Holder Wildcat Capital Management Has Lifted Its Stake by $4.46 Million; Tb Alternative Assets LTD Has Lowered Its Jd.Com (JD) Stake by $31.44 Million

February 19, 2018 - By Ellis Scott

Tb Alternative Assets Ltd decreased its stake in Jd.Com Inc (JD) by 64.13% based on its latest 2017Q3 regulatory filing with the SEC. Tb Alternative Assets Ltd sold 827,300 shares as the company’s stock rose 37.55% with the market. The institutional investor held 462,800 shares of the consumer services company at the end of 2017Q3, valued at $17.68M, down from 1.29 million at the end of the previous reported quarter. Tb Alternative Assets Ltd who had been investing in Jd.Com Inc for a number of months, seems to be less bullish one the $66.10 billion market cap company. The stock decreased 1.46% or $0.69 during the last trading session, reaching $46.42. About 7.36 million shares traded. JD.com, Inc. (NASDAQ:JD) has risen 77.67% since February 19, 2017 and is uptrending. It has outperformed by 60.97% the S&P500.

Wildcat Capital Management Llc increased its stake in Sabine Royalty Trust (SBR) by 149.65% based on its latest 2017Q3 regulatory filing with the SEC. Wildcat Capital Management Llc bought 111,495 shares as the company’s stock declined 4.42% while stock markets rallied. The institutional investor held 186,000 shares of the oil & gas production company at the end of 2017Q3, valued at $7.53 million, up from 74,505 at the end of the previous reported quarter. Wildcat Capital Management Llc who had been investing in Sabine Royalty Trust for a number of months, seems to be bullish on the $637.12M market cap company. The stock increased 1.51% or $0.65 during the last trading session, reaching $43.7. About 13,163 shares traded. Sabine Royalty Trust (NYSE:SBR) has risen 9.71% since February 19, 2017 and is uptrending. It has underperformed by 6.99% the S&P500.

Wildcat Capital Management Llc, which manages about $1.03 billion and $557.63 million US Long portfolio, decreased its stake in Costar Group Inc (NASDAQ:CSGP) by 4,845 shares to 176,827 shares, valued at $47.43M in 2017Q3, according to the filing.

Among 21 analysts covering JD.com (NASDAQ:JD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. JD.com had 45 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo on Tuesday, November 14 with “Outperform”. As per Tuesday, November 14, the company rating was maintained by Nomura. As per Wednesday, August 16, the company rating was maintained by Cowen & Co. JP Morgan initiated the shares of JD in report on Wednesday, August 31 with “Neutral” rating. The rating was maintained by Jefferies with “Buy” on Tuesday, October 3. Credit Suisse downgraded it to “Neutral” rating and $21 target in Tuesday, May 10 report. Bank of America maintained JD.com, Inc. (NASDAQ:JD) on Thursday, August 11 with “Neutral” rating. Nomura upgraded it to “Buy” rating and $35 target in Friday, January 22 report. The company was initiated on Tuesday, November 10 by HSBC. M Partners upgraded JD.com, Inc. (NASDAQ:JD) rating on Wednesday, August 23. M Partners has “Buy” rating and $51.0 target.

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