Willingdon Wealth Management Has Boosted Its Bank N S Halifax (BNS) Holding by $2.51 Million; National Mutual Insurance Federation Of Agricultural Cooperatives Lowered Its Netflix (NFLX) Holding by $524,900

February 23, 2018 - By Dolores Ford

National Mutual Insurance Federation Of Agricultural Cooperatives decreased its stake in Netflix Inc (NFLX) by 17.06% based on its latest 2017Q3 regulatory filing with the SEC. National Mutual Insurance Federation Of Agricultural Cooperatives sold 2,900 shares as the company’s stock rose 10.41% with the market. The institutional investor held 14,100 shares of the consumer services company at the end of 2017Q3, valued at $2.56 million, down from 17,000 at the end of the previous reported quarter. National Mutual Insurance Federation Of Agricultural Cooperatives who had been investing in Netflix Inc for a number of months, seems to be less bullish one the $121.30B market cap company. The stock increased 0.50% or $1.38 during the last trading session, reaching $279.52. About 2.89M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since February 23, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

Willingdon Wealth Management increased its stake in Bank N S Halifax (BNS) by 111.56% based on its latest 2017Q3 regulatory filing with the SEC. Willingdon Wealth Management bought 39,276 shares as the company’s stock declined 10.69% while stock markets rallied. The institutional investor held 74,482 shares of the major banks company at the end of 2017Q3, valued at $4.79M, up from 35,206 at the end of the previous reported quarter. Willingdon Wealth Management who had been investing in Bank N S Halifax for a number of months, seems to be bullish on the $73.76 billion market cap company. The stock increased 0.62% or $0.38 during the last trading session, reaching $61.61. About 196,184 shares traded. The Bank of Nova Scotia (NYSE:BNS) has risen 16.52% since February 23, 2017 and is uptrending. It has underperformed by 0.18% the S&P500.

Among 9 analysts covering The Bank Of Nova Scotia (NYSE:BNS), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. The Bank Of Nova Scotia had 17 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $72 target in Wednesday, December 2 report. The rating was upgraded by Barclays Capital to “Overweight” on Tuesday, May 23. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, May 31 report. The rating was maintained by RBC Capital Markets on Wednesday, August 31 with “Outperform”. The firm earned “Buy” rating on Friday, August 28 by Canaccord Genuity. The firm earned “Buy” rating on Wednesday, September 21 by Dundee Securities. The stock of The Bank of Nova Scotia (NYSE:BNS) has “Buy” rating given on Tuesday, August 29 by Canaccord Genuity. The stock of The Bank of Nova Scotia (NYSE:BNS) has “Outperform” rating given on Monday, August 31 by RBC Capital Markets. Macquarie Research downgraded the shares of BNS in report on Thursday, June 9 to “Neutral” rating.

Willingdon Wealth Management, which manages about $239.04M and $274.72 million US Long portfolio, decreased its stake in Verizon Communications Inc (NYSE:VZ) by 28,587 shares to 10,653 shares, valued at $527,000 in 2017Q3, according to the filing. It also reduced its holding in Epr Pptys (NYSE:EPR) by 14,132 shares in the quarter, leaving it with 43,310 shares, and cut its stake in Cedar Fair LP (Prn) (NYSE:FUN).

Analysts await Netflix, Inc. (NASDAQ:NFLX) to report earnings on April, 16. They expect $0.63 EPS, up 57.50% or $0.23 from last year’s $0.4 per share. NFLX’s profit will be $273.39M for 110.92 P/E if the $0.63 EPS becomes a reality. After $0.41 actual EPS reported by Netflix, Inc. for the previous quarter, Wall Street now forecasts 53.66% EPS growth.

Among 56 analysts covering Netflix (NASDAQ:NFLX), 40 have Buy rating, 2 Sell and 14 Hold. Therefore 71% are positive. Netflix had 226 analyst reports since August 4, 2015 according to SRatingsIntel. As per Tuesday, September 26, the company rating was initiated by Wells Fargo. Wedbush maintained the stock with “Underperform” rating in Thursday, January 19 report. The rating was maintained by Canaccord Genuity on Friday, July 14 with “Buy”. Nomura maintained the stock with “Buy” rating in Tuesday, July 19 report. The rating was maintained by Mizuho with “Neutral” on Tuesday, April 19. The firm has “Buy” rating by Canaccord Genuity given on Monday, October 9. The rating was downgraded by FBR Capital on Friday, February 12 to “Mkt Perform”. The firm has “Buy” rating given on Tuesday, September 5 by Canaccord Genuity. On Wednesday, December 21 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Outperform” rating by Cowen & Co given on Tuesday, July 19.

Investors sentiment decreased to 1.12 in 2017 Q3. Its down 0.10, from 1.22 in 2017Q2. It turned negative, as 56 investors sold NFLX shares while 255 reduced holdings. 115 funds opened positions while 233 raised stakes. 356.10 million shares or 3.23% more from 344.96 million shares in 2017Q2 were reported. Johnson Financial Grp Inc Inc owns 835 shares or 0.02% of their US portfolio. Seatown Pte Ltd stated it has 80,251 shares. 39,321 are held by New Mexico Educational Retirement Board. Ibm Retirement Fund invested in 10,193 shares. Sumitomo Mitsui Incorporated owns 0.34% invested in Netflix, Inc. (NASDAQ:NFLX) for 1.35 million shares. Lombard Odier Asset Mngmt (Switzerland) Sa holds 1,381 shares or 0.02% of its portfolio. 3,238 are held by Verition Fund Ltd. Arete Wealth Advsr Ltd Company has 3,336 shares. Parametric Port Assoc Lc owns 1.01M shares. Meritage Port Mgmt stated it has 0.05% in Netflix, Inc. (NASDAQ:NFLX). Jasper Ridge Prtn Lp has invested 0.08% in Netflix, Inc. (NASDAQ:NFLX). Axa has 0.11% invested in Netflix, Inc. (NASDAQ:NFLX) for 146,556 shares. Gofen Glossberg Ltd Il reported 10,644 shares. Lmr Prtn Llp stated it has 4,864 shares. Carroll reported 391 shares stake.

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