$0.31 EPS Expected for Activision Blizzard, Inc. (ATVI)

July 11, 2018 - By Michael Collier

Activision Blizzard, Inc. (NASDAQ:ATVI) LogoInvestors sentiment decreased to 0.9 in Q1 2018. Its down 0.28, from 1.18 in 2017Q4. It worsened, as 61 investors sold Activision Blizzard, Inc. shares while 260 reduced holdings. 86 funds opened positions while 202 raised stakes. 638.65 million shares or 1.09% more from 631.75 million shares in 2017Q4 were reported.
Marathon Cap has invested 0.12% in Activision Blizzard, Inc. (NASDAQ:ATVI). Bamco New York owns 146,732 shares or 0.05% of their US portfolio. Captrust Fin owns 4,580 shares or 0.02% of their US portfolio. 13,756 were reported by Boothbay Fund Lc. 5.64M are owned by Egerton Capital (Uk) Limited Liability Partnership. Brown Advisory invested in 0% or 4,767 shares. Barclays Public Limited Liability Corp accumulated 2.75M shares or 0.14% of the stock. Thrivent Financial For Lutherans holds 31,554 shares or 0.01% of its portfolio. 452,900 were reported by Virginia Retirement Et Al. California-based San Francisco Sentry Invest (Ca) has invested 0.28% in Activision Blizzard, Inc. (NASDAQ:ATVI). Nbt State Bank N A Ny has invested 0.18% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). Moreover, Joel Isaacson & Co Limited Company has 0.04% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 3,045 shares. Gilder Gagnon Howe & Co Lc has invested 0.63% in Activision Blizzard, Inc. (NASDAQ:ATVI). Japan-based Daiwa Securities has invested 0.05% in Activision Blizzard, Inc. (NASDAQ:ATVI). Mirae Asset Global Investments Co Limited holds 0.65% or 735,207 shares in its portfolio.

Since February 16, 2018, it had 0 insider purchases, and 9 selling transactions for $160.61 million activity. Another trade for 71,488 shares valued at $5.41 million was sold by Durkin Dennis M. CORTI ROBERT J sold $6.15 million worth of Activision Blizzard, Inc. (NASDAQ:ATVI) on Friday, February 16. $8.72 million worth of Activision Blizzard, Inc. (NASDAQ:ATVI) was sold by Wereb Stephen G on Thursday, March 1. 1.70M shares were sold by KELLY BRIAN G, worth $120.10M. Morhaime Michael sold $14.62M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) on Tuesday, February 20. $1.42M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) was sold by MORGADO ROBERT J on Friday, February 23.

Analysts expect Activision Blizzard, Inc. (NASDAQ:ATVI) to report $0.31 EPS on August, 2.They anticipate $0.20 EPS change or 39.22 % from last quarter’s $0.51 EPS. ATVI’s profit would be $235.97M giving it 63.40 P/E if the $0.31 EPS is correct. After having $0.34 EPS previously, Activision Blizzard, Inc.’s analysts see -8.82 % EPS growth. The stock increased 3.18% or $2.42 during the last trading session, reaching $78.61. About 7.58M shares traded or 44.83% up from the average. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 20.67% since July 12, 2017 and is uptrending. It has outperformed by 8.10% the S&P500.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Coverage

Among 15 analysts covering Activision Blizzard (NASDAQ:ATVI), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Activision Blizzard had 20 analyst reports since January 18, 2018 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Thursday, February 1 with “Buy”. The rating was maintained by Credit Suisse on Friday, May 4 with “Outperform”. KeyBanc Capital Markets maintained Activision Blizzard, Inc. (NASDAQ:ATVI) on Friday, February 9 with “Overweight” rating. The company was maintained on Monday, January 22 by Piper Jaffray. Piper Jaffray maintained the stock with “Buy” rating in Friday, February 9 report. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Monday, June 18 report. Barclays Capital maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Friday, February 9. Barclays Capital has “Equal-Weight” rating and $70 target. J.P. Morgan initiated Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Tuesday, May 1. J.P. Morgan has “Hold” rating and $7000 target. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Buy” rating by Stifel Nicolaus on Friday, May 4. The firm has “Buy” rating given on Tuesday, February 6 by Bank of America.

Activision Blizzard, Inc. develops and publishes games for video game consoles, personal computers , mobile devices, and online social platforms. The company has market cap of $59.84 billion. The firm operates through three divisions: Activision Publishing, Inc., Blizzard Entertainment, Inc., and King Digital Entertainment. It has a 172.39 P/E ratio. The firm develops, publishes, and sells interactive software products and entertainment content through retail channels or digital downloads; and downloadable content.

More notable recent Activision Blizzard, Inc. (NASDAQ:ATVI) news were published by: Seekingalpha.com which released: “EA, Activision up as UBS lifts targets” on June 28, 2018, also Forbes.com with their article: “Activision Blizzard: Expect E-Sports And Call Of Duty To Drive Activision’s Near Term Growth” published on July 08, 2018, Seekingalpha.com published: “Goldman praises mobile prospects for Activision Blizzard” on July 11, 2018. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) were released by: Benzinga.com and their article: “3 Investor Takeaways From E3 2018” published on June 26, 2018 as well as Seekingalpha.com‘s news article titled: “Activision: Black Ops To The Rescue” with publication date: July 11, 2018.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Chart

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