Blair William & Company Position In Marcus & Millichap (MMI) Was Increased; Lindsell Train LTD Lowered Its World Wrestling Entmt (WWE) Stake by $3.00 Million

April 19, 2018 - By Winifred Garcia

Marcus & Millichap, Inc. (NYSE:MMI) Logo

Blair William & Company increased its stake in Marcus & Millichap Inc (MMI) by 23.04% based on its latest 2017Q4 regulatory filing with the SEC. Blair William & Company bought 10,185 shares as the company’s stock rose 12.20% while stock markets declined. The institutional investor held 54,390 shares of the finance company at the end of 2017Q4, valued at $1.77 million, up from 44,205 at the end of the previous reported quarter. Blair William & Company who had been investing in Marcus & Millichap Inc for a number of months, seems to be bullish on the $1.37B market cap company. The stock decreased 0.81% or $0.29 during the last trading session, reaching $35.49. About 21,036 shares traded. Marcus & Millichap, Inc. (NYSE:MMI) has risen 53.33% since April 19, 2017 and is uptrending. It has outperformed by 41.78% the S&P500.

Lindsell Train Ltd decreased its stake in World Wrestling Entmt Inc (WWE) by 1.38% based on its latest 2017Q4 regulatory filing with the SEC. Lindsell Train Ltd sold 100,000 shares as the company’s stock rose 22.44% while stock markets declined. The institutional investor held 7.13M shares of the consumer services company at the end of 2017Q4, valued at $218.12M, down from 7.23M at the end of the previous reported quarter. Lindsell Train Ltd who had been investing in World Wrestling Entmt Inc for a number of months, seems to be less bullish one the $3.02 billion market cap company. The stock increased 0.49% or $0.19 during the last trading session, reaching $39.09. About 247,544 shares traded. World Wrestling Entertainment, Inc. (NYSE:WWE) has risen 63.19% since April 19, 2017 and is uptrending. It has outperformed by 51.64% the S&P500.

Since February 11, 2018, it had 0 insider buys, and 2 sales for $123,817 activity. On Friday, February 16 Kowal Mark sold $73,400 worth of World Wrestling Entertainment, Inc. (NYSE:WWE) or 2,000 shares.

Analysts await World Wrestling Entertainment, Inc. (NYSE:WWE) to report earnings on May, 3 before the open. They expect $0.12 earnings per share, up 50.00% or $0.04 from last year’s $0.08 per share. WWE’s profit will be $9.26 million for 81.44 P/E if the $0.12 EPS becomes a reality. After $0.21 actual earnings per share reported by World Wrestling Entertainment, Inc. for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.

Lindsell Train Ltd, which manages about $6.07 billion and $3.48 billion US Long portfolio, upped its stake in Intuit Inc (NASDAQ:INTU) by 21,000 shares to 2.39M shares, valued at $377.22M in 2017Q4, according to the filing. It also increased its holding in Ebay Inc (NASDAQ:EBAY) by 680,000 shares in the quarter, for a total of 5.79 million shares, and has risen its stake in Dr Pepper Snapple Group Inc (NYSE:DPS).

Among 14 analysts covering World Wrestling (NYSE:WWE), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. World Wrestling had 34 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, February 22 by Guggenheim. As per Tuesday, April 10, the company rating was maintained by Guggenheim. As per Monday, October 30, the company rating was downgraded by FBN Securities. KeyBanc Capital Markets maintained the shares of WWE in report on Tuesday, April 5 with “Overweight” rating. M Partners maintained World Wrestling Entertainment, Inc. (NYSE:WWE) on Wednesday, December 13 with “Buy” rating. As per Wednesday, March 7, the company rating was maintained by Needham. The firm has “Buy” rating by Needham given on Thursday, October 26. Pacific Crest initiated the shares of WWE in report on Tuesday, March 29 with “Overweight” rating. The firm has “Neutral” rating given on Monday, August 3 by Hilliard Lyons. The stock has “Buy” rating by Wells Fargo on Tuesday, April 10.

Investors sentiment increased to 2.17 in Q4 2017. Its up 0.22, from 1.95 in 2017Q3. It increased, as 12 investors sold WWE shares while 34 reduced holdings. 36 funds opened positions while 64 raised stakes. 40.16 million shares or 17.42% more from 34.20 million shares in 2017Q3 were reported. Geode Capital has 0% invested in World Wrestling Entertainment, Inc. (NYSE:WWE) for 330,129 shares. Laurion Capital Lp holds 1.02M shares. Principal Fin reported 0.01% in World Wrestling Entertainment, Inc. (NYSE:WWE). Royal Natl Bank Of Canada holds 3,652 shares or 0% of its portfolio. Pennsylvania-based Sei Investments has invested 0.02% in World Wrestling Entertainment, Inc. (NYSE:WWE). 24 are owned by Parkside Bank Trust. Teacher Retirement System Of Texas owns 12,681 shares or 0% of their US portfolio. Point72 Asset Limited Partnership holds 461,700 shares or 0.06% of its portfolio. 32 were reported by Plante Moran Fincl Advsr Ltd. Fdx Advsrs Inc owns 11,688 shares. Balyasny Asset Mgmt Ltd Com holds 0.06% or 679,643 shares in its portfolio. Cim Invest Mangement Incorporated owns 0.1% invested in World Wrestling Entertainment, Inc. (NYSE:WWE) for 9,636 shares. Schwab Charles Investment Management reported 185,045 shares stake. Texas-based Hbk Invs LP has invested 0.04% in World Wrestling Entertainment, Inc. (NYSE:WWE). Prudential holds 0% or 64,068 shares in its portfolio.

Among 4 analysts covering Marcus & Millichap (NYSE:MMI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Marcus & Millichap had 12 analyst reports since August 7, 2015 according to SRatingsIntel. On Wednesday, March 21 the stock rating was maintained by Wells Fargo with “Hold”. As per Monday, October 26, the company rating was downgraded by JMP Securities. The firm has “Market Outperform” rating given on Wednesday, January 24 by JMP Securities. As per Wednesday, November 8, the company rating was maintained by Wells Fargo. The company was maintained on Friday, August 7 by Citigroup. The stock of Marcus & Millichap, Inc. (NYSE:MMI) has “Neutral” rating given on Tuesday, November 10 by Goldman Sachs. The firm has “Buy” rating by Citigroup given on Tuesday, November 14. The stock has “Market Perform” rating by Wells Fargo on Friday, October 23. On Wednesday, August 12 the stock rating was downgraded by Goldman Sachs to “Sell”. The rating was initiated by Citigroup on Tuesday, December 20 with “Neutral”.

World Wrestling Entertainment, Inc. (NYSE:WWE) Institutional Positions Chart

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