Clinton Group Decreased Best Buy (BBY) Holding; Kandi Technologies Group (KNDI) Has 4.33 Sentiment

April 15, 2018 - By whatsonthorold

Kandi Technologies Group, Inc. (NASDAQ:KNDI) Logo

Kandi Technologies Group Inc (KNDI) investors sentiment increased to 4.33 in Q4 2017. It’s up 3.16, from 1.17 in 2017Q3. The ratio improved, as 26 hedge funds opened new and increased equity positions, while 6 trimmed and sold stock positions in Kandi Technologies Group Inc. The hedge funds in our database now hold: 4.42 million shares, up from 1.76 million shares in 2017Q3. Also, the number of hedge funds holding Kandi Technologies Group Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 5 Increased: 11 New Position: 15.

Clinton Group Inc decreased Best Buy Inc (BBY) stake by 36.97% reported in 2017Q4 SEC filing. Clinton Group Inc sold 65,271 shares as Best Buy Inc (BBY)’s stock rose 0.94%. The Clinton Group Inc holds 111,295 shares with $7.62 million value, down from 176,566 last quarter. Best Buy Inc now has $20.11B valuation. The stock decreased 0.24% or $0.17 during the last trading session, reaching $71.13. About 2.78M shares traded. Best Buy Co., Inc. (NYSE:BBY) has risen 46.62% since April 15, 2017 and is uptrending. It has outperformed by 35.07% the S&P500.

Kandi Technologies Group, Inc., through its subsidiaries, designs, develops, makes, and commercializes electric vehicles , EV parts, and off-road vehicles in the PeopleÂ’s Republic of China and internationally. The company has market cap of $261.75 million. It offers off-road vehicles, including go karts, all-terrain vehicles, utility vehicles, and other vehicles; and EV parts comprising battery packs, body parts, EV drive motors, EV controllers, air conditioning units, and other auto parts. It currently has negative earnings. The firm was formerly known as Kandi Technologies, Corp. and changed its name to Kandi Technologies Group, Inc. in December 2012.

Symmetry Peak Management Llc holds 0.07% of its portfolio in Kandi Technologies Group, Inc. for 12,500 shares. Shelton Capital Management owns 105,000 shares or 0.05% of their US portfolio. Moreover, Bsw Wealth Partners has 0.04% invested in the company for 12,796 shares. The Alabama-based Kistler has invested 0.01% in the stock. Thompson Davis & Co. Inc., a Virginia-based fund reported 500 shares.

The stock decreased 2.02% or $0.1 during the last trading session, reaching $4.85. About 128,489 shares traded. Kandi Technologies Group, Inc. (KNDI) has risen 32.00% since April 15, 2017 and is uptrending. It has outperformed by 20.45% the S&P500.

Investors sentiment increased to 0.86 in 2017 Q4. Its up 0.10, from 0.76 in 2017Q3. It increased, as 34 investors sold BBY shares while 198 reduced holdings. 75 funds opened positions while 124 raised stakes. 233.61 million shares or 5.15% less from 246.28 million shares in 2017Q3 were reported. 96,052 are owned by Raymond James Assoc. National Bank Of Ny Mellon reported 5.28 million shares or 0.1% of all its holdings. Wolverine Asset reported 0.09% of its portfolio in Best Buy Co., Inc. (NYSE:BBY). Nordea Investment Ab has invested 0% in Best Buy Co., Inc. (NYSE:BBY). Fny Managed Accounts Ltd Company holds 0.01% or 132 shares in its portfolio. Bowling Port Management holds 0.61% of its portfolio in Best Buy Co., Inc. (NYSE:BBY) for 66,811 shares. Comerica Bank & Trust invested in 62,610 shares or 0.03% of the stock. State Board Of Administration Of Florida Retirement stated it has 418,549 shares. Moreover, Bremer Natl Association has 0.08% invested in Best Buy Co., Inc. (NYSE:BBY) for 4,158 shares. Ameriprise Fincl holds 0.18% of its portfolio in Best Buy Co., Inc. (NYSE:BBY) for 5.64M shares. Cadence Mgmt Ltd Llc has invested 0.19% in Best Buy Co., Inc. (NYSE:BBY). Ajo Lp owns 362,265 shares or 0.11% of their US portfolio. Wealthfront Inc has 14,229 shares. Dekabank Deutsche Girozentrale invested in 97,849 shares. Greenlight holds 0.13% or 104,700 shares in its portfolio.

Since December 12, 2017, it had 0 insider buys, and 29 sales for $53.31 million activity. 1,326 shares were sold by Watson Mathew, worth $92,069 on Thursday, March 15. Nelsen Keith J also sold $902,850 worth of Best Buy Co., Inc. (NYSE:BBY) on Thursday, March 15. 2,451 shares were sold by Barry Corie S, worth $172,786. 706 shares were sold by Scarlett Kathleen, worth $49,770 on Wednesday, March 14. MOHAN RAJENDRA M also sold $125,768 worth of Best Buy Co., Inc. (NYSE:BBY) shares. 200,000 shares were sold by SCHULZE RICHARD M, worth $12.83M. Shares for $694,839 were sold by Joly Hubert.

Analysts await Best Buy Co., Inc. (NYSE:BBY) to report earnings on May, 24. They expect $0.74 earnings per share, up 23.33% or $0.14 from last year’s $0.6 per share. BBY’s profit will be $209.20 million for 24.03 P/E if the $0.74 EPS becomes a reality. After $2.42 actual earnings per share reported by Best Buy Co., Inc. for the previous quarter, Wall Street now forecasts -69.42% negative EPS growth.

Among 29 analysts covering Best Buy Co (NYSE:BBY), 10 have Buy rating, 4 Sell and 15 Hold. Therefore 34% are positive. Best Buy Co had 105 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Best Buy Co., Inc. (NYSE:BBY) has “Outperform” rating given on Friday, May 26 by Telsey Advisory Group. As per Thursday, June 16, the company rating was initiated by Longbow. The firm has “Outperform” rating given on Wednesday, August 26 by Telsey. The rating was maintained by UBS on Wednesday, August 26 with “Neutral”. The company was maintained on Tuesday, October 24 by Loop Capital Markets. RBC Capital Markets maintained Best Buy Co., Inc. (NYSE:BBY) on Wednesday, August 26 with “Buy” rating. On Tuesday, November 8 the stock rating was downgraded by Evercore to “Sell”. The firm has “Outperform” rating by Telsey Advisory Group given on Wednesday, May 25. The firm has “Sector Perform” rating given on Friday, November 18 by RBC Capital Markets. The rating was maintained by Wedbush on Tuesday, May 23 with “Underperform”.

Best Buy Co., Inc. (NYSE:BBY) Institutional Positions Chart

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