As Alibaba Group Hldg LTD (BABA) Market Valuation Rose, Valinor Management Increased by $1.17 Million Its Position; United Contl Hldgs (UAL) Shareholder Rudman Errol M Has Decreased Its Holding by $1.12 Million

April 17, 2018 - By Richard Conner

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David Gallo increased its stake in Alibaba Group Hldg Ltd (BABA) by 0.93% based on its latest 2017Q4 regulatory filing with the SEC. Valinor Management Llc bought 6,800 shares as the company’s stock rose 3.18% while stock markets declined. The hedge fund run by David Gallo held 735,900 shares of the business services company at the end of 2017Q4, valued at $126.89 million, up from 729,100 at the end of the previous reported quarter. Valinor Management Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $456.73B market cap company. The stock increased 1.75% or $3.05 during the last trading session, reaching $177.75. About 4.58 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 17, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

Rudman Errol M decreased its stake in United Contl Hldgs Inc (UAL) by 5.55% based on its latest 2017Q4 regulatory filing with the SEC. Rudman Errol M sold 16,717 shares as the company’s stock rose 1.38% while stock markets declined. The institutional investor held 284,483 shares of the transportation company at the end of 2017Q4, valued at $19.17M, down from 301,200 at the end of the previous reported quarter. Rudman Errol M who had been investing in United Contl Hldgs Inc for a number of months, seems to be less bullish one the $19.16 billion market cap company. It closed at $67.31 lastly. It is down 0.28% since April 17, 2017 and is downtrending. It has underperformed by 11.83% the S&P500.

Among 38 analysts covering Alibaba (NYSE:BABA), 36 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 171 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Thursday, November 3. The firm earned “Buy” rating on Thursday, January 25 by KeyBanc Capital Markets. The firm has “Hold” rating given on Friday, August 14 by TH Capital. The rating was maintained by Deutsche Bank with “Buy” on Monday, April 25. The rating was maintained by Jefferies on Tuesday, June 6 with “Buy”. The rating was maintained by Needham with “Buy” on Thursday, September 28. The stock has “Outperform” rating by Robert W. Baird on Thursday, January 7. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Buy” rating given on Thursday, September 10 by Stifel Nicolaus. The rating was maintained by Needham on Friday, February 2 with “Buy”. Jefferies maintained the stock with “Buy” rating in Friday, August 12 report.

Valinor Management Llc, which manages about $4.82B and $3.38 billion US Long portfolio, decreased its stake in Synchrony Finl (NYSE:SYF) by 511,769 shares to 3.08M shares, valued at $119.03 million in 2017Q4, according to the filing. It also reduced its holding in Carter Inc (NYSE:CRI) by 224,945 shares in the quarter, leaving it with 714,521 shares, and cut its stake in Mgm Resorts International (NYSE:MGM).

Among 23 analysts covering United Continental (NYSE:UAL), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. United Continental had 102 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, May 25 by Stifel Nicolaus. The firm has “Outperform” rating given on Tuesday, April 12 by Credit Suisse. The rating was downgraded by J.P. Morgan to “Hold” on Friday, September 15. The stock of United Continental Holdings, Inc. (NYSE:UAL) earned “Outperform” rating by Evercore on Wednesday, October 25. Morgan Stanley maintained United Continental Holdings, Inc. (NYSE:UAL) rating on Friday, October 20. Morgan Stanley has “Equal-Weight” rating and $68 target. The firm has “Overweight” rating given on Thursday, April 28 by Morgan Stanley. The firm has “Neutral” rating given on Tuesday, October 24 by Atlantic Securities. The firm has “Buy” rating given on Wednesday, January 24 by UBS. The stock has “Hold” rating by Cowen & Co on Tuesday, October 10. The stock of United Continental Holdings, Inc. (NYSE:UAL) earned “Market Perform” rating by Raymond James on Wednesday, September 20.

Rudman Errol M, which manages about $206.21M US Long portfolio, upped its stake in Cognex Corp (NASDAQ:CGNX) by 15,000 shares to 30,000 shares, valued at $1.84M in 2017Q4, according to the filing. It also increased its holding in Centene Corp Del (NYSE:CNC) by 15,500 shares in the quarter, for a total of 130,700 shares, and has risen its stake in Topbuild Corp.

United Continental Holdings, Inc. (NYSE:UAL) Institutional Positions Chart

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By1 Richard Conner

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