Diversified Trust Co Has Cut Its Alibaba Group Hldg LTD (BABA) Position by $1.90 Million; Share Price Rose; Ltc Properties (LTC) Position Boosted by Albert D Mason Inc

January 22, 2018 - By Linda Rogers

Albert D Mason Inc increased its stake in Ltc Properties Inc. (LTC) by 262.02% based on its latest 2017Q3 regulatory filing with the SEC. Albert D Mason Inc bought 12,315 shares as the company’s stock rose 3.02% with the market. The institutional investor held 17,015 shares of the consumer services company at the end of 2017Q3, valued at $799,000, up from 4,700 at the end of the previous reported quarter. Albert D Mason Inc who had been investing in Ltc Properties Inc. for a number of months, seems to be bullish on the $1.62B market cap company. The stock increased 0.42% or $0.17 during the last trading session, reaching $41.02. About 41,032 shares traded. LTC Properties, Inc. (NYSE:LTC) has risen 5.46% since January 22, 2017 and is uptrending. It has underperformed by 11.24% the S&P500.

Diversified Trust Co decreased its stake in Alibaba Group Hldg Ltd (BABA) by 20.98% based on its latest 2017Q3 regulatory filing with the SEC. Diversified Trust Co sold 11,049 shares as the company’s stock rose 22.58% with the market. The institutional investor held 41,618 shares of the business services company at the end of 2017Q3, valued at $7.19M, down from 52,667 at the end of the previous reported quarter. Diversified Trust Co who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $467.57B market cap company. The stock decreased 0.99% or $1.82 during the last trading session, reaching $182.23. About 5.58M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 22, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on January, 23. They expect $1.45 EPS, up 33.03% or $0.36 from last year’s $1.09 per share. BABA’s profit will be $3.72B for 31.42 P/E if the $1.45 EPS becomes a reality. After $1.02 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 42.16% EPS growth.

Diversified Trust Co, which manages about $1.31B US Long portfolio, upped its stake in Ebay Inc (NASDAQ:EBAY) by 11,460 shares to 72,376 shares, valued at $2.78M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (VLUE) by 41,981 shares in the quarter, for a total of 800,071 shares, and has risen its stake in Ishares Tr (EFA).

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 158 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Tuesday, June 28. The company was maintained on Friday, August 12 by Citigroup. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, August 18. RBC Capital Markets maintained the shares of BABA in report on Friday, August 18 with “Outperform” rating. As per Monday, November 6, the company rating was maintained by Oppenheimer. The firm has “Buy” rating given on Tuesday, May 9 by Needham. Axiom Capital maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Monday, September 14. Axiom Capital has “Buy” rating and $85 target. The company was maintained on Thursday, August 13 by RBC Capital Markets. On Friday, October 27 the stock rating was maintained by Robert W. Baird with “Buy”. The rating was maintained by Robert W. Baird with “Buy” on Thursday, September 21.

Since December 15, 2017, it had 1 buying transaction, and 2 selling transactions for $113,459 activity. $70,605 worth of LTC Properties, Inc. (NYSE:LTC) shares were sold by Hendrickson Boyd W.

Albert D Mason Inc, which manages about $397.92 million and $124.41 million US Long portfolio, decreased its stake in Mccormick & Company Inc. (NYSE:MKC) by 4,184 shares to 12,961 shares, valued at $1.33 million in 2017Q3, according to the filing. It also reduced its holding in Novartis Ag Adr (NYSE:NVS) by 6,500 shares in the quarter, leaving it with 8,209 shares, and cut its stake in Monmouth Real Estate Investmen (NYSE:MNR).

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