Voloridge Investment Management Increased By $35.86 Million Its Best Buy (BBY) Position; Last Week Beazer Homes USA, Inc. (BZH) Analysts

October 11, 2017 - By Peter Erickson

Voloridge Investment Management Llc increased Best Buy Inc (BBY) stake by 802.11% reported in 2017Q2 SEC filing. Voloridge Investment Management Llc acquired 629,184 shares as Best Buy Inc (BBY)’s stock rose 13.46%. The Voloridge Investment Management Llc holds 707,625 shares with $40.57 million value, up from 78,441 last quarter. Best Buy Inc now has $16.60B valuation. The stock decreased 2.97% or $1.7 during the last trading session, reaching $55.47. About 5.76 million shares traded. Best Buy Co Inc (NYSE:BBY) has risen 62.80% since October 11, 2016 and is uptrending. It has outperformed by 46.10% the S&P500.

Among 8 analysts covering Beazer Homes USA (NYSE:BZH), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Beazer Homes USA had 18 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of Beazer Homes USA, Inc. (NYSE:BZH) has “Neutral” rating given on Tuesday, August 8 by Wedbush. The firm has “Market Underperform” rating by JMP Securities given on Friday, May 26. The stock of Beazer Homes USA, Inc. (NYSE:BZH) has “Buy” rating given on Monday, October 19 by Compass Point. The firm earned “Neutral” rating on Friday, July 29 by UBS. The stock of Beazer Homes USA, Inc. (NYSE:BZH) earned “Buy” rating by J.P. Morgan on Thursday, September 14. The stock of Beazer Homes USA, Inc. (NYSE:BZH) has “Buy” rating given on Friday, February 5 by UBS. On Monday, October 10 the stock rating was downgraded by FBN Securities to “Sector Perform”. The stock has “Buy” rating by UBS on Thursday, September 24. The stock of Beazer Homes USA, Inc. (NYSE:BZH) earned “Buy” rating by UBS on Wednesday, December 2. The firm earned “Outperform” rating on Tuesday, January 5 by FBN Securities. See Beazer Homes USA, Inc. (NYSE:BZH) latest ratings:

14/09/2017 Broker: J.P. Morgan Rating: Buy New Target: $21.0 Upgrade
14/09/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Old Target: $14.5 New Target: $21 Upgrade
08/08/2017 Broker: Wedbush Old Rating: Outperform New Rating: Neutral Old Target: $15 Downgrade
22/06/2017 Broker: Credit Suisse Rating: Hold New Target: $13.0000 Initiate
15/06/2017 Broker: Wedbush Rating: Buy New Target: $15.0000 Upgrade
26/05/2017 Broker: JMP Securities Old Rating: Market Perform New Rating: Market Underperform Downgrade

Among 26 analysts covering Best Buy Co (NYSE:BBY), 11 have Buy rating, 3 Sell and 12 Hold. Therefore 42% are positive. Best Buy Co had 84 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Best Buy Co Inc (NYSE:BBY) earned “Overweight” rating by Piper Jaffray on Monday, August 24. The firm has “Neutral” rating by Citigroup given on Wednesday, May 25. Citigroup maintained the stock with “Neutral” rating in Wednesday, August 24 report. On Thursday, September 14 the stock rating was maintained by Barclays Capital with “Overweight”. Oppenheimer downgraded Best Buy Co Inc (NYSE:BBY) on Friday, February 12 to “Perform” rating. The firm has “Hold” rating by Jefferies given on Tuesday, July 4. Loop Capital Markets maintained Best Buy Co Inc (NYSE:BBY) rating on Wednesday, August 16. Loop Capital Markets has “Buy” rating and $72.0 target. On Wednesday, May 25 the stock rating was downgraded by Deutsche Bank to “Hold”. On Thursday, June 16 the stock rating was initiated by Longbow with “Neutral”. On Wednesday, April 5 the stock rating was maintained by Loop Capital with “Buy”.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.22, from 1.01 in 2017Q1. It dived, as 43 investors sold BBY shares while 213 reduced holdings. 88 funds opened positions while 113 raised stakes. 253.45 million shares or 5.82% less from 269.11 million shares in 2017Q1 were reported. Andra Ap invested in 91,200 shares or 0.13% of the stock. State Teachers Retirement Systems stated it has 0.08% in Best Buy Co Inc (NYSE:BBY). Janney Montgomery Scott Limited Company has 18,275 shares for 0.01% of their portfolio. Ent Svcs Corporation holds 106 shares. Ckw Finance Grp Inc invested 0% in Best Buy Co Inc (NYSE:BBY). Century Cos Inc reported 1.52 million shares or 0.09% of all its holdings. South State has invested 0.04% in Best Buy Co Inc (NYSE:BBY). Gulf Intl Natl Bank (Uk) invested 0.07% of its portfolio in Best Buy Co Inc (NYSE:BBY). Da Davidson And holds 0% or 57 shares in its portfolio. Citigroup Inc reported 131,360 shares stake. Moreover, Qcm Cayman Limited has 0.81% invested in Best Buy Co Inc (NYSE:BBY) for 6,155 shares. Legal & General Group Public Limited Co stated it has 1.52 million shares or 0.07% of all its holdings. Hussman Strategic holds 0.03% or 2,200 shares in its portfolio. Gsa Llp holds 5,133 shares or 0.02% of its portfolio. Barrow Hanley Mewhinney & Strauss Llc holds 1,150 shares.

Since May 23, 2017, it had 0 insider buys, and 9 selling transactions for $11.82 million activity. $892,262 worth of Best Buy Co Inc (NYSE:BBY) was sold by Ballard Shari L on Tuesday, May 30. 503 shares were sold by Watson Mathew, worth $29,679 on Friday, June 9. Shares for $3.82 million were sold by MOHAN RAJENDRA M on Thursday, May 25. On Friday, June 16 the insider Saksena Asheesh sold $1.24 million. Walker Patricia H had sold 9,974 shares worth $597,091 on Friday, May 26. Nelsen Keith J sold $3.25 million worth of Best Buy Co Inc (NYSE:BBY) on Wednesday, May 31.

Voloridge Investment Management Llc decreased Momo Inc stake by 248,248 shares to 50,480 valued at $1.87M in 2017Q2. It also reduced Stmicroelectronics N V (NYSE:STM) stake by 209,104 shares and now owns 250,159 shares. Range Res Corp (NYSE:RRC) was reduced too.

The stock increased 0.52% or $0.1 during the last trading session, reaching $19.35. About 365,264 shares traded. Beazer Homes USA, Inc. (NYSE:BZH) has risen 112.02% since October 11, 2016 and is uptrending. It has outperformed by 95.32% the S&P500.

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.

By1 Peter Erickson




Automatic Stock Updates

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