Hhr Asset Management Decreased Its Alibaba Group Hldg LTD (BABA) Position; Huttig Building Products (HBP) Shorts Up By 20.12%

November 14, 2017 - By Vivian Currie

Huttig Building Products Incorporated (NASDAQ:HBP) had an increase of 20.12% in short interest. HBP’s SI was 2.12 million shares in November as released by FINRA. Its up 20.12% from 1.77M shares previously.

With 61,600 avg volume, 34 days are for Huttig Building Products Incorporated (NASDAQ:HBP)’s short sellers to cover HBP’s short positions. The SI to Huttig Building Products Incorporated’s float is 12.11%. About 8,538 shares traded. Huttig Building Products Inc (NASDAQ:HBP) has risen 56.40% since November 14, 2016 and is uptrending. It has outperformed by 39.70% the S&P500.

Hhr Asset Management Llc decreased Alibaba Group Hldg Ltd (BABA) stake by 21.44% reported in 2017Q2 SEC filing. Hhr Asset Management Llc sold 154,929 shares as Alibaba Group Hldg Ltd (BABA)’s stock rose 22.58%. The Hhr Asset Management Llc holds 567,669 shares with $79.99M value, down from 722,598 last quarter. Alibaba Group Hldg Ltd now has $465.28B valuation. The stock declined 1.56% or $2.87 reaching $181.67 per share. About 10.50 million shares traded. Alibaba Group Holding Ltd (NYSE:BABA) has risen 57.33% since November 14, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

Analysts await Alibaba Group Holding Ltd (NYSE:BABA) to report earnings on January, 23. They expect $1.45 earnings per share, up 33.03% or $0.36 from last year’s $1.09 per share. BABA’s profit will be $3.71 billion for 31.32 P/E if the $1.45 EPS becomes a reality. After $1.02 actual earnings per share reported by Alibaba Group Holding Ltd for the previous quarter, Wall Street now forecasts 42.16% EPS growth.

Among 35 analysts covering Alibaba (NYSE:BABA), 33 have Buy rating, 1 Sell and 1 Hold. Therefore 94% are positive. Alibaba had 152 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Thursday, August 13 by RBC Capital Markets. The rating was maintained by UBS with “Buy” on Friday, August 18. The stock has “Buy” rating by M Partners on Wednesday, August 26. Jefferies maintained the shares of BABA in report on Thursday, July 13 with “Buy” rating. The firm earned “Buy” rating on Friday, August 12 by Citigroup. The firm has “Buy” rating given on Thursday, October 19 by KeyBanc Capital Markets. The firm has “Buy” rating by Robert W. Baird given on Tuesday, October 17. The firm has “Strong Sell” rating by Zacks given on Tuesday, September 1. The company was upgraded on Monday, January 9 by Standpoint Research. The firm earned “Buy” rating on Wednesday, October 28 by Axiom Capital.

Hhr Asset Management Llc increased Nike Inc (NYSE:NKE) stake by 131,386 shares to 1.53 million valued at $90.14M in 2017Q2. It also upped Ptc Inc (NASDAQ:PTC) stake by 403,407 shares and now owns 1.21M shares. Baidu Inc (NASDAQ:BIDU) was raised too.


Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: