Gateway Investment Advisers Has Decreased Verisign (VRSN) Holding; Air Canada (TSE:AC) Covered By 6 Bulls

April 17, 2018 - By Marguerite Chambers

Air Canada (TSE:AC) Logo

Gateway Investment Advisers Llc decreased Verisign Inc (VRSN) stake by 26.82% reported in 2017Q4 SEC filing. Gateway Investment Advisers Llc sold 36,243 shares as Verisign Inc (VRSN)’s stock rose 3.06%. The Gateway Investment Advisers Llc holds 98,884 shares with $11.32 million value, down from 135,127 last quarter. Verisign Inc now has $12.01B valuation. The stock increased 1.47% or $1.79 during the last trading session, reaching $123.79. About 804,305 shares traded. VeriSign, Inc. (NASDAQ:VRSN) has risen 35.08% since April 17, 2017 and is uptrending. It has outperformed by 23.53% the S&P500.

Among 8 analysts covering Air Canada (TSE:AC), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Air Canada had 50 analyst reports since August 13, 2015 according to SRatingsIntel. As per Thursday, August 13, the company rating was maintained by TD Securities. RBC Capital Markets maintained Air Canada (TSE:AC) rating on Tuesday, November 8. RBC Capital Markets has “Top Pick” rating and $18 target. RBC Capital Markets maintained it with “Top Pick” rating and $18 target in Tuesday, February 21 report. The stock of Air Canada (TSE:AC) has “Underperform” rating given on Thursday, January 14 by Raymond James. National Bank Canada maintained it with “Outperform” rating and $15.50 target in Friday, October 14 report. TD Securities maintained the stock with “Action List Buy” rating in Friday, March 10 report. The firm earned “Outperform” rating on Thursday, August 13 by Scotia Capital. IBC maintained it with “Outperform” rating and $18.25 target in Thursday, August 13 report. The stock has “Outperform” rating by National Bank Canada on Friday, November 6. The stock of Air Canada (TSE:AC) has “Buy” rating given on Tuesday, June 28 by Canaccord Genuity. See Air Canada (TSE:AC) latest ratings:

The stock increased 1.78% or $0.44 during the last trading session, reaching $25.19. About 1.15M shares traded. Air Canada (TSE:AC) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Air Canada provides the U.S. transbonder and international airline services. The company has market cap of $6.88 billion. The firm offers scheduled passenger services under the Air Canada Express brand name in the Canadian market, the Canada-U.S. transbonder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. It has a 3.43 P/E ratio. It also provides air cargo services on domestic and the U.S. transborder routes, as well as on international routes between Canada and other markets in Europe, Asia, South America, and Australia.

Analysts await VeriSign, Inc. (NASDAQ:VRSN) to report earnings on April, 26 after the close. They expect $0.95 earnings per share, up 10.47% or $0.09 from last year’s $0.86 per share. VRSN’s profit will be $92.15M for 32.58 P/E if the $0.95 EPS becomes a reality. After $0.89 actual earnings per share reported by VeriSign, Inc. for the previous quarter, Wall Street now forecasts 6.74% EPS growth.

Investors sentiment increased to 0.13 in 2017 Q4. Its up 0.13, from 0 in 2017Q3. It improved, as 28 investors sold VRSN shares while 2 reduced holdings. 3 funds opened positions while 1 raised stakes. 78.09 million shares or 97.38% more from 39.56 million shares in 2017Q3 were reported. Platinum Investment Management Limited owns 5,600 shares or 0.02% of their US portfolio. Bancorp Of Ny Mellon accumulated 656,000 shares or 0% of the stock. Penn Cap Mgmt invested in 0.05% or 202,000 shares. Hudson Bay Capital Management Limited Partnership reported 22.16M shares. State Street Corp accumulated 32.78M shares. Moreover, National Bank & Trust Of Nova Scotia has 0.04% invested in VeriSign, Inc. (NASDAQ:VRSN). Hbk Investments Limited Partnership has invested 0.62% in VeriSign, Inc. (NASDAQ:VRSN).

Gateway Investment Advisers Llc increased Centurylink Inc (NYSE:CTL) stake by 20,480 shares to 95,458 valued at $1.59 million in 2017Q4. It also upped Palo Alto Networks Inc (NYSE:PANW) stake by 3,541 shares and now owns 44,188 shares. Old Dominion Fght Lines Inc (NASDAQ:ODFL) was raised too.

Among 6 analysts covering VeriSign (NASDAQ:VRSN), 1 have Buy rating, 2 Sell and 3 Hold. Therefore 17% are positive. VeriSign has $125.0 highest and $66 lowest target. $106’s average target is -14.37% below currents $123.79 stock price. VeriSign had 18 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird with “Hold” on Friday, October 6. On Friday, October 27 the stock rating was maintained by Cowen & Co with “Hold”. The stock has “Sell” rating by Citigroup on Tuesday, January 5. Robert W. Baird maintained it with “Hold” rating and $125.0 target in Friday, March 16 report. The firm earned “Hold” rating on Friday, October 2 by Cowen & Co. The stock has “Buy” rating by Topeka Capital Markets on Monday, July 27. The rating was maintained by Citigroup on Friday, October 27 with “Neutral”. The firm has “Neutral” rating by Citigroup given on Wednesday, April 12. As per Thursday, April 5, the company rating was maintained by Cowen & Co. Robert W. Baird maintained VeriSign, Inc. (NASDAQ:VRSN) rating on Thursday, October 26. Robert W. Baird has “Hold” rating and $112.0 target.

VeriSign, Inc. (NASDAQ:VRSN) Ratings Chart

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