Steadfast Capital Management LP Has Lifted Its Activision Blizzard (ATVI) Position; Campbell Soup Company (CPB) Had 1 Bullish Analysts

December 6, 2017 - By Adrian Mccoy

Steadfast Capital Management Lp increased Activision Blizzard Inc (ATVI) stake by 5.45% reported in 2017Q2 SEC filing. Steadfast Capital Management Lp acquired 198,217 shares as Activision Blizzard Inc (ATVI)’s stock rose 23.27%. The Steadfast Capital Management Lp holds 3.83 million shares with $220.61M value, up from 3.63M last quarter. Activision Blizzard Inc now has $45.44 billion valuation. The stock increased 0.92% or $0.55 during the last trading session, reaching $60.1. About 4.90 million shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 47.83% since December 6, 2016 and is uptrending. It has outperformed by 31.13% the S&P500.

Among 15 analysts covering Campbell Soup (NYSE:CPB), 1 have Buy rating, 6 Sell and 8 Hold. Therefore 7% are positive. Campbell Soup had 50 analyst reports since July 23, 2015 according to SRatingsIntel. Argus Research upgraded Campbell Soup Company (NYSE:CPB) rating on Tuesday, December 1. Argus Research has “Buy” rating and $65 target. UBS maintained the stock with “Sell” rating in Thursday, November 9 report. As per Wednesday, February 24, the company rating was initiated by UBS. Piper Jaffray maintained the stock with “Hold” rating in Tuesday, July 18 report. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, July 18. The stock of Campbell Soup Company (NYSE:CPB) earned “Hold” rating by Piper Jaffray on Thursday, August 31. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, July 23. Citigroup maintained it with “Neutral” rating and $63 target in Friday, September 2 report. The firm has “Underperform” rating by Credit Suisse given on Wednesday, November 23. The company was maintained on Wednesday, October 25 by RBC Capital Markets. See Campbell Soup Company (NYSE:CPB) latest ratings:

27/11/2017 Broker: Piper Jaffray Rating: Hold New Target: $49.0 Maintain
23/11/2017 Broker: UBS Rating: Sell Old Target: $42.00 New Target: $41.00 Maintain
22/11/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $55.00 New Target: $53.00 Maintain
20/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $55.0 Maintain
09/11/2017 Broker: UBS Rating: Sell Old Target: $46 New Target: $42 Maintain
25/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $56.0 Maintain
13/10/2017 Broker: Morgan Stanley Rating: Underweight Old Target: $47 New Target: $46 Maintain
11/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $50.0 Maintain
01/09/2017 Broker: Goldman Sachs Rating: Hold New Target: $45.0
01/09/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $60.00 New Target: $56.00 Maintain

Among 28 analysts covering Activision Blizzard (NASDAQ:ATVI), 22 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive. Activision Blizzard had 115 analyst reports since July 28, 2015 according to SRatingsIntel. UBS maintained the shares of ATVI in report on Friday, August 5 with “Buy” rating. The firm earned “Overweight” rating on Friday, September 23 by Morgan Stanley. The firm has “Buy” rating given on Wednesday, August 16 by Argus Research. Cowen & Co maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Monday, July 10. Cowen & Co has “Buy” rating and $5900 target. Mizuho maintained the shares of ATVI in report on Wednesday, August 5 with “Buy” rating. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Buy” rating given on Friday, May 6 by UBS. The rating was maintained by Jefferies with “Buy” on Wednesday, August 5. The rating was maintained by Mizuho with “Buy” on Friday, February 12. On Monday, October 9 the stock rating was downgraded by Cowen & Co to “Hold”. Piper Jaffray maintained it with “Buy” rating and $6900 target in Friday, August 4 report.

Steadfast Capital Management Lp decreased Amazon Com Inc (NASDAQ:AMZN) stake by 13,533 shares to 12,822 valued at $12.41M in 2017Q2. It also reduced Rice Energy Inc (NYSE:RICE) stake by 2.41 million shares and now owns 2.46M shares. Wix Com Ltd (NASDAQ:WIX) was reduced too.

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.24, from 0.91 in 2017Q1. It increased, as 53 investors sold ATVI shares while 215 reduced holdings. 98 funds opened positions while 210 raised stakes. 639.89 million shares or 1.59% less from 650.21 million shares in 2017Q1 were reported. Kayne Anderson Rudnick Ltd holds 353,681 shares or 0.2% of its portfolio. Fred Alger Management invested 0.02% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). Bbva Compass Bancshares reported 48,903 shares. Pathstone Family Office Ltd has invested 0% in Activision Blizzard, Inc. (NASDAQ:ATVI). Everence Capital Management Inc invested in 0.2% or 14,012 shares. Walleye Trading Lc stated it has 38,769 shares or 0.01% of all its holdings. Systematic Financial LP owns 0.02% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 22,470 shares. Airain accumulated 17,630 shares. Jacobson And Schmitt Advsrs Ltd Liability invested in 11,690 shares. Cibc Ww Markets Inc owns 73,342 shares. Standard Life Limited holds 4.11M shares. Jennison Associates Ltd Com accumulated 22.29 million shares. Meiji Yasuda Asset Mgmt Ltd has invested 0.08% in Activision Blizzard, Inc. (NASDAQ:ATVI). Dupont Management has 0% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 3,746 shares. North Carolina-based Invest Counsel has invested 0.48% in Activision Blizzard, Inc. (NASDAQ:ATVI).

The stock increased 0.52% or $0.26 during the last trading session, reaching $50.09. About 805,927 shares traded. Campbell Soup Company (NYSE:CPB) has declined 12.82% since December 6, 2016 and is downtrending. It has underperformed by 29.52% the S&P500.

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