Alecta Pensionsforsakring Omsesidigt Has Decreased By $23.54 Million Its Lauder (Estee) Co. (EL) Stake; Wachovia New (WB) Has 1.55 Sentiment

February 20, 2018 - By Linda Rogers

Alecta Pensionsforsakring Omsesidigt decreased Lauder (Estee) Co. (EL) stake by 7.24% reported in 2017Q3 SEC filing. Alecta Pensionsforsakring Omsesidigt sold 220,000 shares as Lauder (Estee) Co. (EL)’s stock rose 8.67%. The Alecta Pensionsforsakring Omsesidigt holds 2.82 million shares with $304.14M value, down from 3.04 million last quarter. Lauder (Estee) Co. now has $51.87B valuation. The stock increased 1.01% or $1.41 during the last trading session, reaching $141.04. About 2.09M shares traded or 18.67% up from the average. The Estée Lauder Companies Inc. (NYSE:EL) has risen 1.49% since February 20, 2017 and is uptrending. It has underperformed by 15.21% the S&P500.

Weibo Corporation operates as a social media platform for people to create, distribute, and discover Chinese-language content. The company has market cap of $29.81 billion. It operates through two divisions, Advertising and Marketing Services, and Other Services. It has a 86.37 P/E ratio. The firm offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products to help users discover content on its platform; and notifications to notify users on Weibo account activities through SMS or push notification on their device.

Since August 21, 2017, it had 0 insider purchases, and 19 sales for $42.61 million activity. 38,274 shares valued at $4.13 million were sold by Haney Carl P. on Friday, September 1. $4.43M worth of stock was sold by O’HARE MICHAEL on Monday, August 21. 14,190 shares valued at $1.50M were sold by LAUDER RONALD S FOUNDATION on Tuesday, August 29. $1.60 million worth of The Estée Lauder Companies Inc. (NYSE:EL) shares were sold by Freda Fabrizio. $4.99M worth of stock was sold by PROUVE CEDRIC on Thursday, August 24. The insider Polcer Gregory sold 46,644 shares worth $6.53M. 8,048 shares were sold by Demsey John, worth $868,138.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.18, from 1.21 in 2017Q2. It dropped, as 49 investors sold EL shares while 211 reduced holdings. 86 funds opened positions while 183 raised stakes. 190.23 million shares or 2.24% less from 194.59 million shares in 2017Q2 were reported. First Midwest Bankshares Trust Division invested in 2,326 shares. Peak6 LP holds 0% or 3,221 shares in its portfolio. Ycg Ltd Llc has 43,589 shares for 1.24% of their portfolio. Kentucky Retirement accumulated 13,746 shares or 0.11% of the stock. 78,639 are owned by Stock Yards Bank & Trust And. Dowling Yahnke Limited Company has 0.1% invested in The Estée Lauder Companies Inc. (NYSE:EL) for 8,984 shares. Rathbone Brothers Plc has invested 0.35% in The Estée Lauder Companies Inc. (NYSE:EL). Fundsmith Limited Liability Partnership accumulated 3.84 million shares or 3.96% of the stock. Menta Capital Lc holds 17,722 shares or 0.28% of its portfolio. Nationwide Fund Advsrs has invested 0.05% in The Estée Lauder Companies Inc. (NYSE:EL). Cleararc Capital holds 5,201 shares or 0.08% of its portfolio. State Treasurer State Of Michigan owns 67,918 shares or 0.06% of their US portfolio. Next Finance Gru reported 0.03% of its portfolio in The Estée Lauder Companies Inc. (NYSE:EL). Chilton Inv Ltd holds 0.02% or 4,068 shares in its portfolio. Vanguard Grp Inc Incorporated invested 0.08% of its portfolio in The Estée Lauder Companies Inc. (NYSE:EL).

Among 30 analysts covering Estee Lauder (NYSE:EL), 22 have Buy rating, 1 Sell and 7 Hold. Therefore 73% are positive. Estee Lauder had 98 analyst reports since July 21, 2015 according to SRatingsIntel. PiperJaffray upgraded the stock to “Overweight” rating in Thursday, March 2 report. Telsey Advisory Group upgraded the stock to “Outperform” rating in Tuesday, August 18 report. The rating was maintained by Citigroup on Monday, August 22 with “Neutral”. The firm has “Buy” rating by Oppenheimer given on Tuesday, January 23. The firm earned “Buy” rating on Friday, February 2 by KeyBanc Capital Markets. On Monday, August 21 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Buy” rating by Jefferies on Monday, February 5. The stock of The Estée Lauder Companies Inc. (NYSE:EL) has “Overweight” rating given on Wednesday, March 23 by Morgan Stanley. The stock has “Buy” rating by Wells Fargo on Thursday, January 4. The firm has “Buy” rating by RBC Capital Markets given on Monday, February 5.

Kylin Management Llc holds 9.47% of its portfolio in Weibo Corporation for 873,300 shares. Parametrica Management Ltd owns 109,616 shares or 4.57% of their US portfolio. Moreover, Harding Loevner Lp has 3.29% invested in the company for 95.40 million shares. The United Kingdom-based Horseman Capital Management Ltd has invested 1.17% in the stock. Gam Holding Ag, a Switzerland-based fund reported 277,469 shares.

Ratings analysis reveals 100% of Weibo’s analysts are positive. Out of 3 Wall Street analysts rating Weibo, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $60.0 while the high is $63.0. The stock’s average target of $61.67 is -54.23% below today’s ($134.74) share price. WB was included in 3 notes of analysts from October 7, 2016. The firm earned “Buy” rating on Friday, October 7 by TH Capital. The stock of Weibo Corporation (NASDAQ:WB) has “Buy” rating given on Monday, December 12 by CLSA. The firm has “Buy” rating by Instinet given on Monday, February 13.

Analysts await Weibo Corporation (NASDAQ:WB) to report earnings on February, 28. They expect $0.52 earnings per share, up 173.68% or $0.33 from last year’s $0.19 per share. WB’s profit will be $115.03 million for 64.78 P/E if the $0.52 EPS becomes a reality. After $0.45 actual earnings per share reported by Weibo Corporation for the previous quarter, Wall Street now forecasts 15.56% EPS growth.

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