Activision Blizzard, Inc (ATVI) Earns "Buy" Rating from Stifel Nicolaus

Joanna Estrada
October 13, 2017

Edison International is the holding firm of Southern California Edison Company. The company has market cap of $47.14 billion. It also reduced Apple Inc. (Edison Energy Group), a holding firm for subsidiaries engaged in pursuing competitive business opportunities across energy services and distributed solar to commercial and industrial customers.

Other analysts have also recently issued reports about the stock. Brown Advisory owns 12,758 shares for 0% of their portfolio. EIX's profit will be $420.58 million for 15.29 P/E if the $1.30 EPS becomes a reality. For investors, it allows a very quick snapshot of the company's finances without getting bogged down in the details of an accounting report. About 381,794 shares traded. It has underperformed by 30.01% the S&P500.

Crow Point Partners Llc holds 6.24% of its portfolio in Edison International for 485,000 shares. Following the sale, the chief executive officer now directly owns 55,509 shares in the company, valued at approximately $3,077,974.05. Guardian Life Insurance Co. of America now owns 2,671 shares of the company's stock valued at $133,000 after acquiring an additional 51 shares in the last quarter. The Connecticut-based Lone Pine Capital Llc has invested 6.3% in the stock. Macquarie Group Ltd, a Australia-based fund reported 10.24 million shares. Insiders own 2.12% of the company's stock.

Activision Blizzard, Inc is a developer and publisher of interactive entertainment content and services. The company has market cap of $46.90 billion. The Firm develops and distributes content and services across various gaming platforms, including video game consoles, personal computers and mobile devices. It has a 41.63 P/E ratio. Benjamin F. Edwards & Company Inc. increased its position in Activision Blizzard by 504.6% in the first quarter. (Blizzard), King Digital Entertainment (King) and Other.

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.24, from 0.91 in 2017Q1.

Activision Blizzard, Inc (NASDAQ:ATVI)'s stock had its "buy" rating reaffirmed by stock analysts at Needham & Company LLC in a research note issued to investors on Thursday. 98 funds opened positions while 210 raised stakes. Coatue Management Llc, a New York-based fund reported 11.91 million shares. 5 of them rate its stock a hold. (NASDAQ:ATVI). Smithfield Trust has invested 0% in Activision Blizzard, Inc. Activision Blizzard had a net margin of 13.86% and a return on equity of 16.70%.

Among 5 analysts covering Merchants Bancshares Inc (NASDAQ:MBVT), 0 have Buy rating, 0 Sell and 5 Hold. Granite Prns Limited Liability Corp stated it has 153,674 shares. The most recent shifts in number of shares owned by institutions came on June 30, 2017 when Geode Capital Management, Llc sold 28 shares from its total ownership of 2661. Rosenblum Silverman Sutton S F Inc Ca holds 3.68% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI) for 492 shares. Ubs Asset Mngmt Americas accumulated 4.31 million shares. ZACCONI RICCARDO sold $1.10 million worth of Activision Blizzard, Inc. (NASDAQ:ATVI) to report earnings on November, 2. Whereas, in last 21 trading days (one month) was moved up -7.16% and isolated positively in last 63 trading days (quarter) of 1.42%. Next quarter's EPS is forecasted at $0.88 with next year's EPS anticipated to be $2.52.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $1.10 million activity. The shares were sold at an average price of $61.32, for a total value of $1,211,744.52. Activision Blizzard, Inc. has 12 buy ratings, 5 holds and 0 sells even after the stock tumbled -7.84% from its high of $66.58 to a $45.98 billion market value through last close. Therefore 50% are positive. Chemical Natl Bank has invested 0.53% in Activision Blizzard, Inc. They now have $59.65 target price on the stock.

Ratings analysis reveals 100% of Activision Blizzard's analysts are positive. Piper Jaffray has "Overweight" rating and $36 target. Barclays PLC began coverage on Activision Blizzard in a report on Wednesday, October 4th. Wedbush maintained the stock with "Outperform" rating in Friday, February 12 report. The firm earned "Buy" rating on Monday, November 7 by Benchmark. Barclays Capital maintained Activision Blizzard, Inc. (NASDAQ:ATVI) from a buy rating to a hold rating in a report published on Tuesday morning.

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