Shell Asset Management Co Increased By $503,645 Its Netease (NTES) Position; Weingarten Realty Investors Has 1.16 Sentiment

February 21, 2018 - By Vivian Currie

Shell Asset Management Co increased Netease Inc (NTES) stake by 5.32% reported in 2017Q3 SEC filing. Shell Asset Management Co acquired 1,915 shares as Netease Inc (NTES)’s stock declined 3.53%. The Shell Asset Management Co holds 37,902 shares with $10.00M value, up from 35,987 last quarter. Netease Inc now has $40.79 billion valuation. The stock increased 1.09% or $3.35 during the last trading session, reaching $310.79. About 1.10M shares traded. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since February 21, 2017 and is uptrending. It has outperformed by 61.15% the S&P500.

Weingarten Realty Investors is a publically owned equity real estate investment trust. The company has market cap of $3.60 billion. The firm invests in the real estate markets of United States. It has a 16.87 P/E ratio. The firm engages in ownership, management, acquisition, development and redevelopment.

Among 19 analysts covering NetEase (NASDAQ:NTES), 12 have Buy rating, 4 Sell and 3 Hold. Therefore 63% are positive. NetEase had 42 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of NetEase, Inc. (NASDAQ:NTES) earned “Buy” rating by Jefferies on Tuesday, August 22. The rating was downgraded by CLSA to “Sell” on Thursday, November 16. On Tuesday, October 3 the stock rating was downgraded by Jefferies to “Hold”. The firm has “Outperform” rating by Credit Suisse given on Monday, September 21. The firm has “Neutral” rating given on Friday, January 22 by Nomura. On Wednesday, June 7 the stock rating was downgraded by Standpoint Research to “Sell”. The company was upgraded on Monday, October 3 by CLSA. CLSA upgraded NetEase, Inc. (NASDAQ:NTES) on Wednesday, January 4 to “Buy” rating. Jefferies upgraded the stock to “Buy” rating in Monday, November 28 report. Jefferies maintained the stock with “Buy” rating in Friday, June 16 report.

Shell Asset Management Co decreased Netflix Inc (NASDAQ:NFLX) stake by 5,826 shares to 20,394 valued at $3.70 million in 2017Q3. It also reduced Intuit (NASDAQ:INTU) stake by 5,207 shares and now owns 39,980 shares. Ebay Inc (NASDAQ:EBAY) was reduced too.

The stock decreased 1.49% or $0.42 during the last trading session, reaching $27.7. About 1.42 million shares traded or 93.71% up from the average. Weingarten Realty Investors (WRI) has declined 15.79% since February 21, 2017 and is downtrending. It has underperformed by 32.49% the S&P500.

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By1 Vivian Currie

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