Parametrica Management LTD Has Trimmed Stake in Sina (SINA) as Market Valuation Rose; Cwm Increases Stake in Oracle (ORCL)

May 23, 2018 - By Dolores Ford

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Parametrica Management Ltd decreased its stake in Sina Corp (SINA) by 12.44% based on its latest 2017Q4 regulatory filing with the SEC. Parametrica Management Ltd sold 3,501 shares as the company’s stock rose 0.05% while stock markets declined. The institutional investor held 24,649 shares of the prepackaged software company at the end of 2017Q4, valued at $2.47 million, down from 28,150 at the end of the previous reported quarter. Parametrica Management Ltd who had been investing in Sina Corp for a number of months, seems to be less bullish one the $6.46B market cap company. The stock increased 0.20% or $0.18 during the last trading session, reaching $90.39. About 583,455 shares traded. SINA Corporation (NASDAQ:SINA) has risen 55.04% since May 23, 2017 and is uptrending. It has outperformed by 43.49% the S&P500.

Cwm Llc increased its stake in Oracle Corp (ORCL) by 15.48% based on its latest 2017Q4 regulatory filing with the SEC. Cwm Llc bought 19,727 shares as the company’s stock declined 4.18% with the market. The institutional investor held 147,126 shares of the prepackaged software company at the end of 2017Q4, valued at $6.96M, up from 127,399 at the end of the previous reported quarter. Cwm Llc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $189.30B market cap company. The stock decreased 1.78% or $0.84 during the last trading session, reaching $46.37. About 18.51M shares traded or 20.02% up from the average. Oracle Corporation (NYSE:ORCL) has risen 1.20% since May 23, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “Oracle To Acquire DataScience For Workflow Technologies” on May 22, 2018, also Seekingalpha.com with their article: “The Information: Oracle’s aggressive cloud sales tactics push away customers” published on May 22, 2018, Themiddlemarket.com published: “M&A daily wrap: Houlihan Lokey, BearTooth Advisors, NYSE, Stacey Cunningham, Adobe, Magento” on May 22, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: “Oracle buys DataScience.com” published on May 16, 2018 as well as Fool.com‘s news article titled: “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)” with publication date: May 09, 2018.

Cwm Llc, which manages about $1.90 billion and $2.25 billion US Long portfolio, decreased its stake in Cardinal Health Inc (NYSE:CAH) by 440,254 shares to 1,672 shares, valued at $102,000 in 2017Q4, according to the filing. It also reduced its holding in Ishares Inc by 140,327 shares in the quarter, leaving it with 55,139 shares, and cut its stake in Spdr Series Trust (CWB).

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.02, from 1.13 in 2017Q3. It is positive, as 80 investors sold ORCL shares while 488 reduced holdings. 126 funds opened positions while 526 raised stakes. 2.29 billion shares or 1.37% less from 2.32 billion shares in 2017Q3 were reported. Amarillo Bancorp stated it has 47,838 shares. 14,227 are owned by Lourd Capital Lc. Burney holds 463,498 shares. Sawgrass Asset Limited Co reported 999,317 shares. Burgundy Asset holds 2.7% of its portfolio in Oracle Corporation (NYSE:ORCL) for 6.28 million shares. Gideon Cap Advsr has invested 0.22% in Oracle Corporation (NYSE:ORCL). Longview (Guernsey) Ltd has 4.9% invested in Oracle Corporation (NYSE:ORCL). Cornerstone Capital Mgmt Limited Liability Corp holds 0.52% or 1.58M shares. Weatherly Asset Limited Partnership stated it has 21,022 shares or 0.24% of all its holdings. Nelson Van Denburg And Campbell Wealth Management Group Inc Limited Com reported 63,373 shares. The Virginia-based Mngmt Corp Va has invested 0.07% in Oracle Corporation (NYSE:ORCL). Schwab Charles Investment Inc has 10.86M shares. Moreover, Sumitomo Mitsui Asset Mgmt has 0.16% invested in Oracle Corporation (NYSE:ORCL) for 223,793 shares. Koshinski Asset Mngmt Inc holds 0.2% or 16,723 shares. Walter Keenan Consulting Company Mi Adv has invested 0.13% in Oracle Corporation (NYSE:ORCL).

Among 43 analysts covering Oracle (NYSE:ORCL), 27 have Buy rating, 0 Sell and 16 Hold. Therefore 63% are positive. Oracle had 116 analyst reports since July 30, 2015 according to SRatingsIntel. BTIG Research maintained Oracle Corporation (NYSE:ORCL) on Thursday, July 14 with “Buy” rating. The company was upgraded on Friday, June 23 by Argus Research. The company was maintained on Wednesday, August 16 by BMO Capital Markets. On Tuesday, July 19 the stock rating was downgraded by Atlantic Securities to “Neutral”. The stock has “Buy” rating by Jefferies on Monday, July 24. The company was upgraded on Wednesday, January 3 by Morgan Stanley. JP Morgan upgraded Oracle Corporation (NYSE:ORCL) rating on Wednesday, June 29. JP Morgan has “Neutral” rating and $38 target. The firm has “Buy” rating by Credit Suisse given on Friday, September 15. Wedbush upgraded Oracle Corporation (NYSE:ORCL) on Thursday, June 22 to “Outperform” rating. Deutsche Bank maintained Oracle Corporation (NYSE:ORCL) on Friday, June 17 with “Hold” rating.

Investors sentiment increased to 1.38 in Q4 2017. Its up 0.14, from 1.24 in 2017Q3. It is positive, as 32 investors sold SINA shares while 53 reduced holdings. 39 funds opened positions while 78 raised stakes. 44.22 million shares or 3.72% less from 45.93 million shares in 2017Q3 were reported. Moreover, Ellington Group Ltd Liability Com has 0.08% invested in SINA Corporation (NASDAQ:SINA) for 4,600 shares. Telemus Cap Ltd Co stated it has 0.09% of its portfolio in SINA Corporation (NASDAQ:SINA). Creative Planning has invested 0% of its portfolio in SINA Corporation (NASDAQ:SINA). Voya Invest Management Ltd Co holds 7,702 shares or 0% of its portfolio. Fifth Third Bancorporation owns 3,475 shares for 0% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 14,531 shares or 0.01% of its portfolio. 218,298 are owned by Pdts Ltd Com. Westover Limited Liability Company stated it has 17,958 shares. Advsrs Asset Mgmt Inc owns 5,569 shares for 0.01% of their portfolio. Tiger Mngmt Llc has invested 0.11% in SINA Corporation (NASDAQ:SINA). Goldman Sachs Group Inc Inc accumulated 320,236 shares. Comerica Bank reported 3,845 shares. Peak6 Invests Limited Partnership, a Illinois-based fund reported 28,806 shares. Atria Invs Ltd Liability stated it has 2,892 shares or 0.01% of all its holdings. Shell Asset Company accumulated 29,949 shares.

More notable recent SINA Corporation (NASDAQ:SINA) news were published by: Nasdaq.com which released: “Why SINA Corp. Stock Fell 10% Today” on May 09, 2018, also Investorplace.com with their article: “SINA Corp Reports Earnings for First Quarter of 2018” published on May 09, 2018, Investorplace.com published: “Weibo Corp Stock Plunges Despite Earnings Beat” on May 09, 2018. More interesting news about SINA Corporation (NASDAQ:SINA) were released by: Nasdaq.com and their article: “SINA Corp. Starts 2018 Strong (and Falls Anyway)” published on May 10, 2018 as well as Fool.com‘s news article titled: “Why Did the Bears Pounce on Weibo and SINA?” with publication date: May 13, 2018.

Parametrica Management Ltd, which manages about $157.93 million US Long portfolio, upped its stake in Cnh Indl N V (NYSE:CNHI) by 37,545 shares to 48,045 shares, valued at $644,000 in 2017Q4, according to the filing. It also increased its holding in Copart Inc (NASDAQ:CPRT) by 10,122 shares in the quarter, for a total of 16,555 shares, and has risen its stake in Sirius Xm Hldgs Inc (NASDAQ:SIRI).

Among 11 analysts covering Sina Corporation (NASDAQ:SINA), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Sina Corporation had 22 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was upgraded by CLSA on Wednesday, February 14 to “Buy”. The stock of SINA Corporation (NASDAQ:SINA) earned “Buy” rating by Brean Capital on Wednesday, September 14. The stock of SINA Corporation (NASDAQ:SINA) earned “Buy” rating by Jefferies on Thursday, February 15. The rating was initiated by Citigroup on Friday, August 5 with “Buy”. On Tuesday, January 23 the stock rating was maintained by Jefferies with “Buy”. The stock of SINA Corporation (NASDAQ:SINA) has “Outperform” rating given on Monday, December 12 by CLSA. On Wednesday, August 31 the stock rating was reinitiated by JP Morgan with “Overweight”. The firm has “Neutral” rating by Citigroup given on Thursday, October 29. The stock has “Buy” rating by Jefferies on Tuesday, March 13. TH Capital upgraded it to “Buy” rating and $62 target in Monday, August 17 report.

Analysts await SINA Corporation (NASDAQ:SINA) to report earnings on August, 8. They expect $0.61 earnings per share, up 96.77% or $0.30 from last year’s $0.31 per share. SINA’s profit will be $43.60M for 37.05 P/E if the $0.61 EPS becomes a reality. After $0.38 actual earnings per share reported by SINA Corporation for the previous quarter, Wall Street now forecasts 60.53% EPS growth.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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