As Yandex N V (YNDX) Shares Rose, Tiger Legatus Capital Management Has Raised Its Position by $3.20 Million; New York State Teachers Retirement System Trimmed Hormel Foods (HRL) Holding by $321,228

April 24, 2018 - By Peter Erickson

Yandex N.V. (NASDAQ:YNDX) Logo

Jesse Ro increased its stake in Yandex N V (YNDX) by 23.26% based on its latest 2017Q4 regulatory filing with the SEC. Tiger Legatus Capital Management Llc bought 100,000 shares as the company’s stock rose 25.49% while stock markets declined. The hedge fund run by Jesse Ro held 530,000 shares of the programming company at the end of 2017Q4, valued at $17.36 million, up from 430,000 at the end of the previous reported quarter. Tiger Legatus Capital Management Llc who had been investing in Yandex N V for a number of months, seems to be bullish on the $11.17 billion market cap company. The stock increased 1.04% or $0.35 during the last trading session, reaching $34.07. About 6.06M shares traded or 37.75% up from the average. Yandex N.V. (NASDAQ:YNDX) has risen 79.21% since April 24, 2017 and is uptrending. It has outperformed by 67.66% the S&P500.

New York State Teachers Retirement System decreased its stake in Hormel Foods Corp (HRL) by 2.01% based on its latest 2017Q4 regulatory filing with the SEC. New York State Teachers Retirement System sold 8,923 shares as the company’s stock declined 8.60% with the market. The institutional investor held 435,238 shares of the meat and poultry and fish company at the end of 2017Q4, valued at $15.84M, down from 444,161 at the end of the previous reported quarter. New York State Teachers Retirement System who had been investing in Hormel Foods Corp for a number of months, seems to be less bullish one the $18.94B market cap company. The stock increased 0.90% or $0.32 during the last trading session, reaching $35.77. About 2.14 million shares traded. Hormel Foods Corporation (NYSE:HRL) has declined 1.70% since April 24, 2017 and is downtrending. It has underperformed by 13.25% the S&P500.

Among 9 analysts covering Yandex N.V. (NASDAQ:YNDX), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Yandex N.V. had 23 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was downgraded by Standpoint Research to “Hold” on Friday, April 7. The firm has “Buy” rating given on Tuesday, January 16 by Deutsche Bank. Deutsche Bank maintained it with “Buy” rating and $20 target in Friday, July 31 report. Raiffeisen upgraded Yandex N.V. (NASDAQ:YNDX) on Monday, October 12 to “Buy” rating. The firm has “Buy” rating given on Monday, March 14 by Citigroup. The rating was upgraded by Morgan Stanley on Tuesday, November 17 to “Overweight”. The rating was initiated by Credit Suisse on Friday, December 30 with “Outperform”. HSBC initiated Yandex N.V. (NASDAQ:YNDX) on Monday, July 18 with “Buy” rating. Zacks downgraded the stock to “Hold” rating in Tuesday, August 4 report. The company was upgraded on Thursday, March 29 by Citigroup.

Since December 21, 2017, it had 0 insider purchases, and 10 insider sales for $10.12 million activity. 180,000 shares were sold by VORPAHL LARRY L, worth $6.16M. Another trade for 4,492 shares valued at $151,403 was made by Forbes Glenn S on Friday, March 9. 20,000 shares were sold by BINDER STEVEN G, worth $668,000 on Thursday, March 8. PIPPINS DAKOTA A had sold 4,000 shares worth $140,140 on Thursday, April 12. SPLINTER JAMES M also sold $1.70 million worth of Hormel Foods Corporation (NYSE:HRL) on Tuesday, April 10. Coffey Mark A sold $279,761 worth of stock.

Among 15 analysts covering Hormel Foods Corporation (NYSE:HRL), 6 have Buy rating, 3 Sell and 6 Hold. Therefore 40% are positive. Hormel Foods Corporation had 53 analyst reports since July 27, 2015 according to SRatingsIntel. Piper Jaffray initiated the stock with “Overweight” rating in Monday, January 9 report. The firm earned “Hold” rating on Monday, October 30 by Jefferies. Jefferies maintained Hormel Foods Corporation (NYSE:HRL) on Wednesday, July 27 with “Hold” rating. The stock of Hormel Foods Corporation (NYSE:HRL) has “Buy” rating given on Sunday, February 25 by Piper Jaffray. The stock has “Hold” rating by Jefferies on Monday, September 25. The company was maintained on Wednesday, September 27 by BMO Capital Markets. The firm has “Hold” rating by BB&T Capital given on Wednesday, September 9. Jefferies maintained Hormel Foods Corporation (NYSE:HRL) rating on Thursday, November 30. Jefferies has “Hold” rating and $34.0 target. Barclays Capital reinitiated it with “Overweight” rating and $40 target in Friday, December 1 report. Barclays Capital maintained Hormel Foods Corporation (NYSE:HRL) rating on Friday, August 25. Barclays Capital has “Overweight” rating and $35 target.

New York State Teachers Retirement System, which manages about $42.23 billion US Long portfolio, upped its stake in Edison International (NYSE:EIX) by 23,200 shares to 506,356 shares, valued at $32.02 million in 2017Q4, according to the filing. It also increased its holding in Celgene Corp (NASDAQ:CELG) by 5,705 shares in the quarter, for a total of 1.36 million shares, and has risen its stake in Edwards Life (NYSE:EW).

Hormel Foods Corporation (NYSE:HRL) Institutional Positions Chart

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