Virtu Financial LLC Invests $106000 in Pandora Media Inc. (NYSE:P)

Marco Green
April 20, 2018

It has change of 0.12, from 2017Q3's 0.92. 59 investors sold all, 46 reduced holdings as P ratio is positive. Finally, Gabelli Funds LLC increased its stake in Pandora Media by 185.5% in the fourth quarter. Panagora Asset Mgmt holds 0% or 13,857 shs. California State Teachers Retirement System now owns 383,063 shares of the Internet radio service's stock valued at $1,846,000 after acquiring an additional 19,270 shares during the period.

Shares of P opened at $5.30 on Tuesday. Creative Planning holds 0% or 26,637 shs in its capital. (NYSE:P). Morgan Stanley reported 1.50M shares or 0% of all its holdings. (NYSE:P). Highbridge Mngmt Lc holds 35,100 shs. Pandora Media Inc (NYSE:P)'s price to earnings ratio stood at 0. (NYSE:P). Alliancebernstein Limited Partnership stated it has 376,008 shs or 0% of all its holdings. National Bank Of New York Mellon Corp has 839,291 shs for 0% of their capital. The company's revenue was up.6% on a year-over-year basis. analysts anticipate that Pandora Media will post -0.99 EPS for the current year. Pandora Media's revenue was up.6% compared to the same quarter last year. sell-side analysts predict that Pandora Media Inc. will post -0.99 earnings per share for the current fiscal year. (NYSE:P) shs were sold by GERBITZ DAVID. Two Sigma Securities owns 23,323 shares for 0% of their portfolio. The institutional investor purchased 21,981 shares of the Internet radio service's stock, valued at approximately $106,000. 629,677 were reported by Schwab Charles Investment.

TRADEMARK VIOLATION WARNING: "Virtu Financial LLC Invests $106,000 in Pandora Media Inc". Finally, Franklin Resources Inc. raised its stake in Pandora Media by 9.8% in the fourth quarter. Also, insider Kristen Robinson sold 11,403 shares of the firm's stock in a transaction dated Friday, February 16th.

Pandora Media (NYSE:P) last posted its quarterly earnings results on Thursday, February 9th. At the end of 2017Q4, the institutional investor held 16.00M shares of the consumer services company, valued at $77.12M, up from 7.05 million at the end of the previous reported quarter.

Pandora Media, Inc (Pandora) is a music discovery platform, offering a personalized experience for each of its listeners wherever and whenever they want to listen to music, whether through earbuds, auto speakers or live on stage.

Investors and Traders continue to monitor technical levels of shares of Pandora Media, Inc. (P). Since April 18, 2017 P has declined 55.28% and is downtrending. P underperformed by 66.83% the S&P500.

Ontario Teachers Pension Plan Board operates about $8.12 billion US Long portfolio. Its stake in Micron Technology Inc (NASDAQ:MU) was decreased by 597,830 shares to 530,954 shares valued at $21.83 million in 2017Q4, according to the filing.

Share of Pandora Media, Inc. SunTrust downgraded the stock to "Hold" rating in Friday, November 3 report. The firm has "Neutral" rating by JP Morgan given on Monday, November 6. Pacific Crest reiterated an "underweight" rating on shares of Pandora Media in a research note on Saturday, March 11th. (NYSE:P) on Friday, November 3 to "Hold" rating.

Pandora Media Inc (NYSE:P)'s revenue estimates for the current quarter are $303.93 Million according to 26 number of analysts, for the current quarter the company has high revenue estimates of $318.91 Million in contradiction of low revenue estimates of $299.5 Million. Canaccord Genuity maintained it with "Buy" rating and $11 target in Friday, November 3 report. In Thursday, February 22 report Credit Suisse maintained the stock with "Neutral" rating. The firm has "Outperform" rating given on Thursday, November 16 by BMO Capital Markets. In Friday, November 3 report J.P. Morgan downgraded the stock to "Hold" rating. Russell Investments Group Ltd. now owns 1,481,600 shares of the Internet radio service's stock worth $11,409,000 after purchasing an additional 25,132 shares during the period.

However out of 23 analysts 4 suggest Pandora Media Inc (NYSE:P) a Strong Buy, 5 suggested Buy, 17 Hold and 1 Sell, while 0 analysts recommend the stock a Strong Sell.

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