Interxion Holding N.V (INXN) Shareholder Rivulet Capital Lowered Holding by $21.47 Million as Shares Rose; Nokia Corp. Adr (NOK) Valuation Rose While Ariel Investments Has Cut Its Stake by $34.42 Million

April 13, 2018 - By Pete Kolinski

Nokia Corporation (NYSE:NOK) Logo

Barry Lebovits decreased its stake in Interxion Holding N.V (INXN) by 17.58% based on its latest 2017Q4 regulatory filing with the SEC. Rivulet Capital Llc sold 370,148 shares as the company’s stock rose 6.05% while stock markets declined. The hedge fund run by Barry Lebovits held 1.74 million shares of the programming company at the end of 2017Q4, valued at $102.25 million, down from 2.11M at the end of the previous reported quarter. Rivulet Capital Llc who had been investing in Interxion Holding N.V for a number of months, seems to be less bullish one the $4.50 billion market cap company. The stock increased 1.35% or $0.84 during the last trading session, reaching $63.01. About 660,414 shares traded or 20.19% up from the average. InterXion Holding N.V. (NYSE:INXN) has risen 59.68% since April 13, 2017 and is uptrending. It has outperformed by 48.13% the S&P500.

John W. Rogers decreased its stake in Nokia Corp. Adr (NOK) by 26.23% based on its latest 2017Q4 regulatory filing with the SEC. Ariel Investments Llc sold 8.61M shares as the company’s stock rose 13.81% while stock markets declined. The hedge fund run by John W. Rogers held 24.21 million shares of the radio and television broadcasting and communications equipment company at the end of 2017Q4, valued at $112.80M, down from 32.81 million at the end of the previous reported quarter. Ariel Investments Llc who had been investing in Nokia Corp. Adr for a number of months, seems to be less bullish one the $30.97B market cap company. The stock decreased 0.18% or $0.01 during the last trading session, reaching $5.56. About 11.09M shares traded. Nokia Corporation (NYSE:NOK) has declined 0.37% since April 13, 2017 and is downtrending. It has underperformed by 11.92% the S&P500.

Analysts await Nokia Corporation (NYSE:NOK) to report earnings on April, 26. They expect $0.03 EPS, 0.00% or $0.00 from last year’s $0.03 per share. NOK’s profit will be $167.09M for 46.33 P/E if the $0.03 EPS becomes a reality. After $0.15 actual EPS reported by Nokia Corporation for the previous quarter, Wall Street now forecasts -80.00% negative EPS growth.

Ariel Investments Llc, which manages about $8.99 billion and $8.86B US Long portfolio, upped its stake in Msg Networks Inc. by 1.34 million shares to 8.98M shares, valued at $181.88M in 2017Q4, according to the filing. It also increased its holding in Cowen Inc. by 526,822 shares in the quarter, for a total of 2.13M shares, and has risen its stake in Nielsen Holdings Plc.

Among 24 analysts covering Nokia (NYSE:NOK), 11 have Buy rating, 3 Sell and 10 Hold. Therefore 46% are positive. Nokia has $12.0 highest and $4.0 lowest target. $6.94’s average target is 24.82% above currents $5.56 stock price. Nokia had 52 analyst reports since August 26, 2015 according to SRatingsIntel. Morgan Stanley upgraded the shares of NOK in report on Tuesday, February 7 to “Overweight” rating. Argus Research upgraded Nokia Corporation (NYSE:NOK) rating on Friday, January 15. Argus Research has “Buy” rating and $12.0 target. The stock of Nokia Corporation (NYSE:NOK) has “Buy” rating given on Monday, February 5 by Bank of America. Canaccord Genuity downgraded the stock to “Hold” rating in Friday, January 13 report. The stock of Nokia Corporation (NYSE:NOK) has “Buy” rating given on Friday, October 16 by TheStreet. Bernstein maintained the shares of NOK in report on Thursday, September 3 with “Outperform” rating. The rating was downgraded by CLSA to “Underperform” on Friday, October 28. The firm has “Underperform” rating by BNP Paribas given on Friday, September 22. The stock has “Outperform” rating by Credit Suisse on Tuesday, December 1. The company was initiated on Thursday, June 8 by Citigroup.

Analysts await InterXion Holding N.V. (NYSE:INXN) to report earnings on May, 2. They expect $0.21 earnings per share, up 31.25% or $0.05 from last year’s $0.16 per share. INXN’s profit will be $15.00 million for 75.01 P/E if the $0.21 EPS becomes a reality. After $0.20 actual earnings per share reported by InterXion Holding N.V. for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

Nokia Corporation (NYSE:NOK) Ratings Chart

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

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>