Private Asset Management Cut Its Chevron (CVX) Holding by $172.20 Million; Shares Declined; Cubist Systematic Strategies Holds Holding in Euronet Worldwide (EEFT)

February 20, 2018 - By Stephen Andrade

Cubist Systematic Strategies Llc increased its stake in Euronet Worldwide Inc (EEFT) by 145.55% based on its latest 2017Q3 regulatory filing with the SEC. Cubist Systematic Strategies Llc bought 10,398 shares as the company’s stock rose 1.88% with the market. The institutional investor held 17,542 shares of the finance company at the end of 2017Q3, valued at $1.66 million, up from 7,144 at the end of the previous reported quarter. Cubist Systematic Strategies Llc who had been investing in Euronet Worldwide Inc for a number of months, seems to be bullish on the $4.44 billion market cap company. The stock increased 0.68% or $0.57 during the last trading session, reaching $84.25. About 486,888 shares traded. Euronet Worldwide, Inc. (NASDAQ:EEFT) has risen 8.96% since February 20, 2017 and is uptrending. It has underperformed by 7.74% the S&P500.

Private Asset Management Inc decreased its stake in Chevron Corp (CVX) by 88.99% based on its latest 2017Q3 regulatory filing with the SEC. Private Asset Management Inc sold 172,369 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 21,335 shares of the integrated oil company at the end of 2017Q3, valued at $21.33 million, down from 193,704 at the end of the previous reported quarter. Private Asset Management Inc who had been investing in Chevron Corp for a number of months, seems to be less bullish one the $210.49 billion market cap company. The stock decreased 1.18% or $1.32 during the last trading session, reaching $110.82. About 4.03 million shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since February 20, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Since August 30, 2017, it had 0 buys, and 9 insider sales for $26.90 million activity. 49,238 shares valued at $4.81 million were sold by Caponecchi Kevin J on Monday, September 11. Fountas Nikos sold $27,232 worth of stock or 296 shares. $1.82M worth of stock was sold by Brown Michael J on Thursday, February 1. Shares for $999,867 were sold by OLECHOWSKI ANDREJ.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.30, from 1 in 2017Q2. It is positive, as 12 investors sold EEFT shares while 87 reduced holdings. 44 funds opened positions while 85 raised stakes. 47.88 million shares or 0.66% more from 47.57 million shares in 2017Q2 were reported. Moreover, Hutchin Hill LP has 0.04% invested in Euronet Worldwide, Inc. (NASDAQ:EEFT). Ny State Common Retirement Fund holds 0.02% in Euronet Worldwide, Inc. (NASDAQ:EEFT) or 155,289 shares. Arrowstreet Capital Lp, a Massachusetts-based fund reported 168,922 shares. Great West Life Assurance Can holds 0% in Euronet Worldwide, Inc. (NASDAQ:EEFT) or 5,771 shares. Counselors holds 0.01% in Euronet Worldwide, Inc. (NASDAQ:EEFT) or 2,381 shares. Campbell Newman Asset Mgmt reported 3,277 shares. First Interstate Bank & Trust stated it has 770 shares or 0.02% of all its holdings. 24,615 are held by Comerica State Bank. Glenmede Com Na stated it has 0.18% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT). Macquarie Ltd owns 0% invested in Euronet Worldwide, Inc. (NASDAQ:EEFT) for 4,250 shares. Sheets Smith Wealth Mngmt owns 0.17% invested in Euronet Worldwide, Inc. (NASDAQ:EEFT) for 7,222 shares. Spectrum Management Grp Inc holds 3 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Guinness Asset Management reported 69 shares. Pictet And Cie (Europe) reported 0.04% in Euronet Worldwide, Inc. (NASDAQ:EEFT).

Cubist Systematic Strategies Llc, which manages about $1.79B US Long portfolio, decreased its stake in Makemytrip Limited Mauritius (NASDAQ:MMYT) by 13,043 shares to 9,967 shares, valued at $287,000 in 2017Q3, according to the filing. It also reduced its holding in Norwegian Cruise Line Hldgs (NASDAQ:NCLH) by 9,359 shares in the quarter, leaving it with 36,893 shares, and cut its stake in Tractor Supply Co (NASDAQ:TSCO).

Among 10 analysts covering Euronet Worldwide (NASDAQ:EEFT), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Euronet Worldwide had 21 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Northland Capital given on Thursday, October 19. The firm has “Buy” rating by Piper Jaffray given on Friday, September 8. The stock has “Outperform” rating by Northland Capital on Wednesday, January 20. The firm earned “Buy” rating on Wednesday, February 7 by Piper Jaffray. Piper Jaffray maintained the stock with “Buy” rating in Friday, October 20 report. The firm has “Buy” rating given on Tuesday, July 21 by Evercore. The stock of Euronet Worldwide, Inc. (NASDAQ:EEFT) earned “Overweight” rating by Piper Jaffray on Wednesday, November 25. The rating was downgraded by Monness Crespi to “Neutral” on Friday, June 10. As per Thursday, February 11, the company rating was upgraded by Avondale. On Wednesday, July 19 the stock rating was initiated by DA Davidson with “Buy”.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.08, from 1.03 in 2017Q2. It is negative, as 43 investors sold CVX shares while 696 reduced holdings. 121 funds opened positions while 584 raised stakes. 1.18 billion shares or 1.43% more from 1.16 billion shares in 2017Q2 were reported. Winfield Assoc holds 0.08% or 1,262 shares in its portfolio. 910 are held by Solaris Asset Mgmt Limited. Brookfield Asset Mngmt owns 50,050 shares. Arizona State Retirement System stated it has 487,079 shares or 0.68% of all its holdings. Texan Mngmt invested 0.29% in Chevron Corporation (NYSE:CVX). Hendershot Invests invested in 2,397 shares or 0.12% of the stock. Wealth Planning Ltd Company holds 21,823 shares. Loring Wolcott & Coolidge Fiduciary Ltd Liability Partnership Ma has 0.15% invested in Chevron Corporation (NYSE:CVX) for 66,190 shares. The Nebraska-based First Commercial Bank Of Omaha has invested 1.33% in Chevron Corporation (NYSE:CVX). Archford Strategies Llc holds 0.6% or 13,648 shares in its portfolio. M Secs reported 0.88% stake. St Johns Invest Mngmt Lc reported 0.82% of its portfolio in Chevron Corporation (NYSE:CVX). The New Jersey-based Hallmark Capital has invested 2.28% in Chevron Corporation (NYSE:CVX). The Minnesota-based Murphy Pohlad Asset Mgmt Limited Liability has invested 0.57% in Chevron Corporation (NYSE:CVX). Stewart West Indies Trading stated it has 186,100 shares or 1.91% of all its holdings.

Since October 16, 2017, it had 0 insider buys, and 1 sale for $3.06 million activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts