Gratry & Company Position in Alibaba (BABA) Increased by $652,568 as Stock Price Rose; As Par Pacific Holdings (PARR) Shares Declined, Shareholder Paragon Associates & Paragon Associates Ii Joint Venture Has Lowered Position

April 24, 2018 - By Darrin Black

Par Pacific Holdings, Inc. (NYSE:PARR) Logo

Paragon Associates & Paragon Associates Ii Joint Venture decreased its stake in Par Pacific Holdings Inc (PARR) by 17.5% based on its latest 2017Q4 regulatory filing with the SEC. Paragon Associates & Paragon Associates Ii Joint Venture sold 86,960 shares as the company’s stock declined 12.07% with the market. The institutional investor held 410,000 shares of the oil & gas production company at the end of 2017Q4, valued at $7.91 million, down from 496,960 at the end of the previous reported quarter. Paragon Associates & Paragon Associates Ii Joint Venture who had been investing in Par Pacific Holdings Inc for a number of months, seems to be less bullish one the $834.94M market cap company. The stock increased 0.22% or $0.04 during the last trading session, reaching $18.28. About 113,209 shares traded. Par Pacific Holdings, Inc. (NYSEMKT:PARR) has risen 6.47% since April 24, 2017 and is uptrending. It has underperformed by 5.08% the S&P500.

Gratry & Company Llc increased its stake in Alibaba (BABA) by 44.18% based on its latest 2017Q4 regulatory filing with the SEC. Gratry & Company Llc bought 3,794 shares as the company’s stock rose 3.18% while stock markets declined. The institutional investor held 12,381 shares of the business services company at the end of 2017Q4, valued at $2.14 million, up from 8,587 at the end of the previous reported quarter. Gratry & Company Llc who had been investing in Alibaba for a number of months, seems to be bullish on the $451.12B market cap company. The stock decreased 1.98% or $3.54 during the last trading session, reaching $175.57. About 12.03 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 24, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating by SunTrust given on Friday, October 20. The firm has “Hold” rating by Standpoint Research given on Thursday, October 29. RBC Capital Markets maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Friday, January 29. RBC Capital Markets has “Outperform” rating and $89 target. The company was maintained on Tuesday, April 10 by KeyBanc Capital Markets. As per Friday, August 18, the company rating was maintained by KeyBanc Capital Markets. Macquarie Research upgraded it to “Outperform” rating and $110 target in Friday, August 12 report. Jefferies maintained the shares of BABA in report on Friday, February 2 with “Buy” rating. The rating was maintained by Morgan Stanley on Friday, August 12 with “Overweight”. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Overweight” rating given on Tuesday, August 22 by Atlantic Securities. The firm has “Hold” rating by TH Capital given on Friday, August 14.

Gratry & Company Llc, which manages about $345.58 million and $82.94 million US Long portfolio, decreased its stake in Logitech International (NASDAQ:LOGI) by 25,700 shares to 25,393 shares, valued at $854,000 in 2017Q4, according to the filing. It also reduced its holding in Nvidia Corp (NASDAQ:NVDA) by 1,556 shares in the quarter, leaving it with 1,224 shares, and cut its stake in Broadcom Ltd.

Among 6 analysts covering Par Pacific (NYSEMKT:PARR), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Par Pacific had 7 analyst reports since November 23, 2015 according to SRatingsIntel. On Wednesday, May 18 the stock rating was maintained by Imperial Capital with “Outperform”. Mizuho initiated it with “Buy” rating and $20 target in Thursday, October 6 report. The firm has “Hold” rating by Miller Tabak given on Monday, November 23. Cowen & Co initiated Par Pacific Holdings, Inc. (NYSE:PARR) on Friday, June 10 with “Market Perform” rating. The firm has “Outperform” rating given on Thursday, January 28 by Imperial Capital. Seaport Global Securities initiated Par Pacific Holdings, Inc. (NYSE:PARR) on Thursday, September 8 with “Buy” rating. On Friday, May 20 the stock rating was initiated by Sterne Agee CRT with “Buy”.

Analysts await Par Pacific Holdings, Inc. (NYSE:PARR) to report earnings on May, 8. They expect $0.10 EPS, down 76.74% or $0.33 from last year’s $0.43 per share. PARR’s profit will be $4.57M for 45.70 P/E if the $0.10 EPS becomes a reality. After $0.53 actual EPS reported by Par Pacific Holdings, Inc. for the previous quarter, Wall Street now forecasts -81.13% negative EPS growth.

Alibaba Group Holding Limited (NYSE:BABA) Ratings Chart

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