February 25, 2018

Main » Activision Blizzard, Inc. (ATVI) Posts Weaker-Than-Expected Q4 Revenue

Activision Blizzard, Inc. (ATVI) Posts Weaker-Than-Expected Q4 Revenue

09 February 2018

Year over year, the company went from $6.6 billion in 2016 to $7.0 billion in 2017. It has underperformed by 2.55% the S&P500. Activision Blizzard makes up 0.8% of Traynor Capital Management Inc.'s portfolio, making the stock its 28th biggest position. HCP share have plunged by -10.35% in percentage terms since the start of the year - and retreated -6.59% in the last month. Finally, Suntrust Banks Inc. lifted its holdings in shares of Activision Blizzard by 28.1% in the second quarter. News about a company's financial status, products, or plans, whether positive or negative, will usually result in a temporary increase in the trade volume of its stock. The stock traded on impressive volume of 1.06 Million comparing to the average volume of 3093.60 shares, completing picture of exact trends with uncompleted dots in volume over the norm.

Activision Blizzard, Inc (NASDAQ:ATVI) has been given a consensus recommendation of "Buy" by the twenty-seven research firms that are covering the stock, MarketBeat Ratings reports. It has outperformed by 5.25% the S&P500. Therefore 80% are positive. The Washington-based Parametric Port Assoc Ltd Co has invested 0.12% in Activision Blizzard, Inc. Recently, analysts have updated the overall rating to 1.79. UBS maintained the shares of ATVI in report on Friday, February 12 with "Buy" rating. The rating was maintained by Oppenheimer with "Buy" on Thursday, June 22. Aviva Public Limited Liability Corporation owns 0.02% invested in Nuance Communications, Inc. The rating was maintained by Benchmark with "Buy" on Friday, August 7. The firm has "Sell" rating given on Monday, September 18 by Axiom Capital. The stock of Activision Blizzard, Inc. Activision Blizzard now has an average rating of "Buy" and an average price target of $71.05. The firm has "Overweight" rating given on Wednesday, August 9 by Barclays Capital. The company was maintained on Friday, February 12 by Mizuho.

If the ratio is greater than 1, then that means there has been an increase in price over the month. Its up 0.02, from 0.68 in 2017Q2. It increased, as 49 investors sold NUAN shares while 98 reduced holdings. CRI's SI was 2.90 million shares in February as released by FINRA. Assetmark invested 0% of its portfolio in W.W. Grainger, Inc. 2 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. Boston owns 6.78M shares. Menora Mivtachim Limited reported 283,850 shares or 0.74% of all its holdings. Spc Fin Inc holds 0.29% or 7,975 shares.

First up, Activision Blizzard's King Digital segment is always important to track. (NASDAQ:ATVI). Eqis Cap Inc stated it has 34,782 shares or 0.12% of all its holdings. Its up 15.34% from 2.31 million shares previously. Sun Life Fincl Inc invested in 0.04% or 5,527 shares. Cambridge Investment Research Advsrs Inc reported 0.05% stake. Amalgamated Commercial Bank, a New York-based fund reported 89,454 shares.

Among 53 analysts covering Apple Inc. How much money? Well for example, according to Activision Blizzard's quarterly earnings report they made roughly $4 billion dollars from online purchases alone in 2017. PNC Financial Services Group Inc. now owns 83,248 shares of the company's stock valued at $4,792,000 after purchasing an additional 9,329 shares in the last quarter. (NASDAQ:NUAN) for 181,363 shares.

-Earnings (Q4): $375 Mln. vs. $496 Mln. a year ago. STOR's profit will be $77.90 million for 14.14 P/E if the $0.41 EPS becomes a reality. -Earnings Decline (Y-o-Y): -24.4% -EPS (Q4): $0.49 vs. $0.65 previous year. Zacks Investment Research raised shares of Activision Blizzard from a "hold" rating to a "strong-buy" rating and set a $71.00 price target for the company in a research note on Friday, October 27th. Martin Marietta had 27 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has "Buy" rating by Jefferies on Wednesday, August 5. Arizona State Retirement System holds 0.01% or 11,097 shares in its portfolio. Oppenheimer maintained the shares of CELG in report on Thursday, July 6 with "Buy" rating. The company was downgraded on Friday, December 11 by Credit Suisse. (NYSE:MLM) earned "Neutral" rating by Goldman Sachs on Tuesday, October 11. The company was upgraded on Friday, August 4 by Bank of America.

Investors sentiment increased to 1.25 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. The shares were sold at an average price of $61.93, for a total transaction of $228,212,050.00. 133 funds opened positions while 451 raised stakes. Point72 Asia (Hong Kong) Limited reported 1,782 shares or 0.08% of all its holdings. Bluemountain Cap Lc invested in 64,985 shares or 0.09% of the stock.

Caxton Corp holds 7.29% of its portfolio in Garrison Capital Inc. for 850,000 shares. Qs has 118,427 shares. (NYSE:NPO). Castleark Management Ltd Liability Com holds 0.3% of its portfolio in EnPro Industries, Inc. Twin Mgmt Incorporated holds 0.39% or 51,560 shares in its portfolio.

Select Equity Group Lp, which manages about $13.68B and $13181.55B US Long portfolio, decreased its stake in Ametek Inc New (NYSE:AME) by 1.64M shares to 3.53 million shares, valued at $233.33B in 2017Q3, according to the filing.

Activision Blizzard, Inc. (ATVI) Posts Weaker-Than-Expected Q4 Revenue