Jackson Square Partners Decreased Its Shutterstock Com (SSTK) Stake as Share Value Rose; Green Street Investors Has Decreased Its Simon Ppty Group New (SPG) Holding as Market Value Declined

May 8, 2018 - By Stephen Andrade

Shutterstock, Inc. (NYSE:SSTK) Logo

Green Street Investors Llc decreased its stake in Simon Ppty Group Inc New (SPG) by 7.46% based on its latest 2017Q4 regulatory filing with the SEC. Green Street Investors Llc sold 8,200 shares as the company’s stock declined 9.94% with the market. The institutional investor held 101,700 shares of the consumer services company at the end of 2017Q4, valued at $17.47 million, down from 109,900 at the end of the previous reported quarter. Green Street Investors Llc who had been investing in Simon Ppty Group Inc New for a number of months, seems to be less bullish one the $56.51B market cap company. The stock decreased 0.79% or $1.27 during the last trading session, reaching $158.5. About 1.29M shares traded. Simon Property Group, Inc. (NYSE:SPG) has declined 9.44% since May 8, 2017 and is downtrending. It has underperformed by 20.99% the S&P500.

Jackson Square Partners Llc decreased its stake in Shutterstock Inc Com (SSTK) by 20.1% based on its latest 2017Q4 regulatory filing with the SEC. Jackson Square Partners Llc sold 445,145 shares as the company’s stock rose 9.63% while stock markets declined. The institutional investor held 1.77 million shares of the technology company at the end of 2017Q4, valued at $76.13M, down from 2.21M at the end of the previous reported quarter. Jackson Square Partners Llc who had been investing in Shutterstock Inc Com for a number of months, seems to be less bullish one the $1.58 billion market cap company. The stock increased 2.21% or $0.975 during the last trading session, reaching $45.185. About 88,499 shares traded. Shutterstock, Inc. (NYSE:SSTK) has risen 17.70% since May 8, 2017 and is uptrending. It has outperformed by 6.15% the S&P500.

More important recent Simon Property Group, Inc. (NYSE:SPG) news were published by: Nasdaq.com which released: “Can Tanger Factory Outlets Rebound From an 8-Year Low?” on May 06, 2018, also Bizjournals.com published article titled: “Kate Spade store to open at Grove City outlets”, Bizjournals.com published: “Houston-area outlet mall undergoes renovations, to welcome new retailers” on May 03, 2018. More interesting news about Simon Property Group, Inc. (NYSE:SPG) was released by: Seekingalpha.com and their article: “This Is Not The Time To Buy AT&T’s 6% Yield” with publication date: April 27, 2018.

Among 22 analysts covering Simon Property Group (NYSE:SPG), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Simon Property Group had 70 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Simon Property Group, Inc. (NYSE:SPG) rating on Monday, March 21. Stifel Nicolaus has “Buy” rating and $232 target. Evercore upgraded the shares of SPG in report on Monday, March 7 to “Buy” rating. The firm has “Sector Perform” rating given on Tuesday, November 1 by RBC Capital Markets. The rating was maintained by Boenning & Scattergood on Wednesday, August 2 with “Buy”. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Overweight” rating by Barclays Capital on Tuesday, July 19. Jefferies maintained the stock with “Buy” rating in Wednesday, August 23 report. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Buy” rating by Boenning & Scattergood on Thursday, July 20. The firm has “Neutral” rating given on Tuesday, March 27 by JP Morgan. The stock of Simon Property Group, Inc. (NYSE:SPG) earned “Buy” rating by Jefferies on Wednesday, January 31. As per Tuesday, February 2, the company rating was maintained by RBC Capital Markets.

Green Street Investors Llc, which manages about $122.71 million and $180.80M US Long portfolio, upped its stake in Apartment Invt & Mgmt Co (NYSE:AIV) by 8,100 shares to 146,200 shares, valued at $6.39M in 2017Q4, according to the filing. It also increased its holding in Equinix Inc (NASDAQ:EQIX) by 12,900 shares in the quarter, for a total of 28,600 shares, and has risen its stake in Corporate Office Pptys Tr (NYSE:OFC).

Investors sentiment increased to 0.99 in Q4 2017. Its up 0.01, from 0.98 in 2017Q3. It increased, as 50 investors sold SPG shares while 204 reduced holdings. 74 funds opened positions while 178 raised stakes. 293.74 million shares or 1.11% less from 297.03 million shares in 2017Q3 were reported. Scotia Cap invested in 0.02% or 7,851 shares. Arizona State Retirement Sys reported 78,754 shares. Ejf Ltd Liability Company holds 0.08% or 6,000 shares. Andra Ap reported 36,500 shares. Assetmark Inc owns 363 shares. British Columbia Invest Corporation has invested 0.15% of its portfolio in Simon Property Group, Inc. (NYSE:SPG). 1,236 are owned by Advisory Svcs Ltd Liability Corporation. Macquarie Grp Limited holds 0.14% or 561,620 shares in its portfolio. 384 were reported by Webster Comml Bank N A. First Allied Advisory holds 5,981 shares or 0.04% of its portfolio. Wellington Shields Mgmt Llc has invested 0.06% in Simon Property Group, Inc. (NYSE:SPG). Pensionfund Dsm Netherlands has invested 1.65% in Simon Property Group, Inc. (NYSE:SPG). Bbva Compass Financial Bank has invested 0.02% in Simon Property Group, Inc. (NYSE:SPG). Eagle Asset Mngmt has 243,722 shares. Ami Inv Mngmt, Indiana-based fund reported 7,790 shares.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.10, from 0.92 in 2017Q3. It increased, as 17 investors sold SSTK shares while 46 reduced holdings. 27 funds opened positions while 37 raised stakes. 19.96 million shares or 2.76% less from 20.53 million shares in 2017Q3 were reported. C M Bidwell And Assocs Limited accumulated 0.01% or 144 shares. 76,892 are owned by Prudential. Cornerstone Capital Mngmt Lc holds 0.02% in Shutterstock, Inc. (NYSE:SSTK) or 68,600 shares. Northwestern Mutual Wealth Mgmt reported 80 shares. 23,122 were reported by Great West Life Assurance Can. New York-based State Common Retirement Fund has invested 0% in Shutterstock, Inc. (NYSE:SSTK). Jackson Square Prns Lc reported 0.39% of its portfolio in Shutterstock, Inc. (NYSE:SSTK). Vanguard Grp Inc Inc owns 1.60 million shares or 0% of their US portfolio. Tiaa Cref Investment Management Ltd Liability Corp has 44,183 shares. Teachers Retirement System Of The State Of Kentucky holds 8,000 shares or 0% of its portfolio. Jennison Assoc Ltd holds 0% in Shutterstock, Inc. (NYSE:SSTK) or 8,633 shares. Walleye Trading Limited Liability Co reported 0% of its portfolio in Shutterstock, Inc. (NYSE:SSTK). Texas Permanent School Fund stated it has 12,423 shares. Ls Investment Advsr Limited owns 1,778 shares for 0% of their portfolio. Natl Bank Of America Corporation De holds 60,843 shares.

Jackson Square Partners Llc, which manages about $24.97B and $19.69B US Long portfolio, upped its stake in Paycom Software Inc Com (NYSE:PAYC) by 70,709 shares to 1.09 million shares, valued at $87.57 million in 2017Q4, according to the filing. It also increased its holding in Athenahealth Inc Com Mon Stock (NASDAQ:ATHN) by 5,811 shares in the quarter, for a total of 531,549 shares, and has risen its stake in Zebra Technologies Corp Cl A (NASDAQ:ZBRA).

More news for Shutterstock, Inc. (NYSE:SSTK) were recently published by: Seekingalpha.com, which released: “Shutterstock’s (SSTK) CEO Jon Oringer on Q1 2018 Results – Earnings Call Transcript” on April 29, 2018. Prnewswire.com‘s article titled: “Shutterstock Launches Suite of Deep Learning-Powered Search Tools Including Reveal, a New Plugin for Google …” and published on May 08, 2018 is yet another important article.

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