As Wayfair (W) Shares Rose, Smith Thomas W Has Lifted Its Position by $585000; Duke Energy …

Meyer Handelman Co decreased its stake in Duke Energy Corp New (DUK) by 18.38% based on its latest 2018Q4 regulatory filing with the SEC.

Duke Energy Corporation (NYSE:DUK) Logo

Meyer Handelman Co decreased its stake in Duke Energy Corp New (DUK) by 18.38% based on its latest 2018Q4 regulatory filing with the SEC. Meyer Handelman Co sold 28,791 shares as the company’s stock rose 2.60% with the market. The institutional investor held 127,811 shares of the power generation company at the end of 2018Q4, valued at $11.03 million, down from 156,602 at the end of the previous reported quarter. Meyer Handelman Co who had been investing in Duke Energy Corp New for a number of months, seems to be less bullish one the $65.66 billion market cap company. The stock decreased 0.27% or $0.24 during the last trading session, reaching $90.32. About 1.79M shares traded. Duke Energy Corporation (NYSE:DUK) has risen 18.95% since March 14, 2018 and is uptrending. It has outperformed by 14.58% the S&P500. Some Historical DUK News: 05/04/2018 – DUKE SPOKESWOMAN KAREN WILLIAMS COMMENTS IN EMAIL; 16/05/2018 – DUKE ENERGY TO SELL 5 SMALL HYDROELECTRIC PLANTS TO NORTHBROOK; 15/05/2018 – Duke Energy Closes Below 50-Day Moving Average: Technicals; 10/05/2018 – DUKE ENERGY EARNINGS CALL BEGINS; 16/05/2018 – Duke Energy: Hydroelectric Plant Sale to Close in 1Q of 2019; 15/05/2018 – DUKE ENERGY: NEW EXEC APPOINTMENTS FOR CUSTOMER SERVICES; 16/05/2018 – DUKE ENERGY TO SELL FIVE SMALL HYDROELECTRIC PLANTS TO; 16/05/2018 – DUKE ENERGY CAROLINAS – FINANCIAL TERMS OF DEAL ARE NOT BEING DISCLOSED PRESENTLY; 05/03/2018 DUKE ENERGY CORP DUK.N : UBS RAISES TARGET PRICE TO $87 FROM $86; 22/03/2018 – Duke Energy: Evaluating Possibility of Extending Nuclear Operating Licenses

Smith Thomas W increased its stake in Wayfair Inc (W) by 2.89% based on its latest 2018Q4 regulatory filing with the SEC. Smith Thomas W bought 6,500 shares as the company’s stock rose 58.73% with the market. The institutional investor held 231,400 shares of the catalog and specialty distribution company at the end of 2018Q4, valued at $20.85 million, up from 224,900 at the end of the previous reported quarter. Smith Thomas W who had been investing in Wayfair Inc for a number of months, seems to be bullish on the $15.10 billion market cap company. The stock decreased 1.76% or $2.97 during the last trading session, reaching $165.75. About 1.46 million shares traded. Wayfair Inc. (NYSE:W) has risen 110.00% since March 14, 2018 and is uptrending. It has outperformed by 105.63% the S&P500. Some Historical W News: 08/05/2018 – Bloomberg Tax Survey Finds Diverse State Nexus Standards As Wayfair Decision Looms; 02/05/2018 – Wayfair 1Q Adj Loss/Shr 91c; 22/03/2018 – Report: Wayfair, Levi’s Lead in E-mail Marketing Methods; 02/04/2018 – Wayfair is Growing Enemies Faster than Customers; 18/04/2018 – NACS: South Dakota v. Wayfair Decision will have Major Implications for Main Street Retailers; 18/05/2018 – Wayfair Names Andrea Jung to its Board of Directors; 07/03/2018 – Wayfair Rises for 7 Days; Tied for Longest Rally; 18/04/2018 – Wayfair to Launch Way Day, a New Retail Holiday for Home; 16/05/2018 – Wayfair Partners with PayBright to Offer Flexible Financing Option for Canadian Customers; 22/03/2018 – Wayfair Adding 450 Jobs In New York — MarketWatch

Investors sentiment increased to 1.01 in Q4 2018. Its up 0.10, from 0.91 in 2018Q3. It is positive, as 53 investors sold DUK shares while 361 reduced holdings. 102 funds opened positions while 317 raised stakes. 437.22 million shares or 7.02% more from 408.54 million shares in 2018Q3 were reported. Shell Asset Mngmt Com reported 248,200 shares. Van Cleef Asset Managementinc reported 9,937 shares stake. Security Company reported 10,959 shares. Webster Fincl Bank N A has 0% invested in Duke Energy Corporation (NYSE:DUK). Price T Rowe Associate Md holds 0.26% or 18.00 million shares. South State Corporation has invested 1.03% in Duke Energy Corporation (NYSE:DUK). St Germain D J has invested 0.04% in Duke Energy Corporation (NYSE:DUK). Camarda Fincl Advisors Llc holds 0.24% or 2,337 shares. Brookstone Management has invested 0.14% in Duke Energy Corporation (NYSE:DUK). Dorsey And Whitney Tru Company Ltd Liability Company accumulated 4,551 shares or 0.07% of the stock. Huntington Savings Bank accumulated 0.24% or 155,065 shares. Covington Mngmt accumulated 11,765 shares or 0.07% of the stock. 19,226 are owned by Massmutual Trust Communications Fsb Adv. Quantitative Inv Mgmt Limited Liability Corp reported 0.1% of its portfolio in Duke Energy Corporation (NYSE:DUK). Moreover, Voya Management Limited Co has 0.07% invested in Duke Energy Corporation (NYSE:DUK) for 340,251 shares.

More notable recent Duke Energy Corporation (NYSE:DUK) news were published by: Seekingalpha.com which released: “Duke Energy dips into the red as Q4 earnings come up short – Seeking Alpha” on February 14, 2019, also Streetinsider.com with their article: “Duke Energy (DUK) Names Marya Rose to Board – StreetInsider.com” published on February 28, 2019, 247Wallst.com published: “Top Analyst Upgrades and Downgrades: Apple, China Mobile, Duke Energy, Facebook, JetBlue, Oracle, Spirit Air, TCR2, Vivint Solar and More – 24/7 Wall St.” on March 11, 2019. More interesting news about Duke Energy Corporation (NYSE:DUK) were released by: Bizjournals.com and their article: “Troubled PG&E reportedly close to naming next CEO – San Francisco Business Times” published on March 13, 2019 as well as Seekingalpha.com‘s news article titled: “Duke Energy: Wait For A Pullback – Seeking Alpha” with publication date: February 05, 2019.

Meyer Handelman Co, which manages about $1.97 billion and $1.77B US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 2,890 shares to 4,792 shares, valued at $657,000 in 2018Q4, according to the filing. It also increased its holding in At & T Inc (NYSE:T) by 20,010 shares in the quarter, for a total of 366,861 shares, and has risen its stake in Conagra Brands Inc (NYSE:CAG).

Analysts await Duke Energy Corporation (NYSE:DUK) to report earnings on May, 9. They expect $1.25 earnings per share, down 2.34% or $0.03 from last year’s $1.28 per share. DUK’s profit will be $908.77 million for 18.06 P/E if the $1.25 EPS becomes a reality. After $0.84 actual earnings per share reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts 48.81% EPS growth.

Investors sentiment increased to 1.65 in 2018 Q4. Its up 0.31, from 1.34 in 2018Q3. It increased, as 47 investors sold W shares while 42 reduced holdings. 62 funds opened positions while 85 raised stakes. 71.47 million shares or 13.66% more from 62.88 million shares in 2018Q3 were reported. Metropolitan Life has invested 0.01% of its portfolio in Wayfair Inc. (NYSE:W). 4,440 were accumulated by Gideon Capital Inc. Kbc Gp Nv holds 0% of its portfolio in Wayfair Inc. (NYSE:W) for 2,863 shares. Raymond James & Assocs holds 0% of its portfolio in Wayfair Inc. (NYSE:W) for 3,135 shares. Ellington Mgmt Grp Ltd has 0.82% invested in Wayfair Inc. (NYSE:W) for 30,200 shares. Adage Prtnrs Gp Limited Liability Company invested in 0.73% or 2.92 million shares. Freestone Cap Hldgs Llc has invested 0.01% in Wayfair Inc. (NYSE:W). Spruce House Management owns 3.75M shares. 1832 Asset LP reported 28,700 shares. Sg Americas Securities Ltd Liability Corporation reported 0.01% of its portfolio in Wayfair Inc. (NYSE:W). Aqr Management Ltd holds 0% in Wayfair Inc. (NYSE:W) or 18,844 shares. Invesco Limited holds 0% or 27,315 shares in its portfolio. Peregrine Asset Advisers Incorporated holds 3.18% or 27,055 shares in its portfolio. Moreover, Baillie Gifford has 0.44% invested in Wayfair Inc. (NYSE:W) for 3.77 million shares. State Street reported 1.09 million shares.

Wayfair Inc. (NYSE:W) Institutional Positions Chart

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Why Goldman Sachs Is Interested in a Small Bike Shop in Mexico

… Goldman Sachs Group Inc., which is providing a credit line of up to $100 million to Credijusto, a four-year-old financial technology firm in Mexico City …

MEXICO CITY—Fintech investors are flocking to Mexico to try to fill a gap in the country’s credit market: loans to young businesses looking to expand.

The latest example is Goldman Sachs Group Inc., which is providing a credit line of up to $100 million to Credijusto, a four-year-old financial technology firm in Mexico City backed by former Morgan Stanley Chief Executive John Mack and Capital One Financial Corp. co-founder Nigel Morris.

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IIM Indore’s highest package for Post Graduate Programme touches Rs 89.25 lakh

… Barclays, Bank of America Continuum, Credit Suisse, CRISIL, Deutsche Bank, DHFL Pramerica, Edelweiss, Fidelity Investments, Goldman Sachs, …

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Anaplan (NYSE:PLAN) Rating Reiterated by Barclays

Anaplan (NYSE:PLAN)’s stock had its “hold” rating reissued by stock analysts at Barclays in a report released on Tuesday, February 26th. Several …

Anaplan logoAnaplan (NYSE:PLAN)‘s stock had its “hold” rating reissued by stock analysts at Barclays in a report released on Tuesday, February 26th.

Several other research analysts also recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $38.00 price target on shares of Anaplan in a research report on Friday, February 22nd. Goldman Sachs Group assumed coverage on Anaplan in a research report on Tuesday, November 6th. They set a “neutral” rating and a $25.00 price objective on the stock. Morgan Stanley assumed coverage on Anaplan in a research report on Tuesday, November 6th. They set an “equal weight” rating and a $23.00 price objective on the stock. SunTrust Banks assumed coverage on Anaplan in a research report on Tuesday, November 6th. They set a “buy” rating and a $28.00 price objective on the stock. Finally, Piper Jaffray Companies assumed coverage on Anaplan in a research report on Tuesday, November 6th. They set an “overweight” rating and a $28.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $31.44.

Shares of PLAN stock opened at $38.88 on Tuesday. Anaplan has a twelve month low of $20.37 and a twelve month high of $40.75. The company has a market capitalization of $4.94 billion and a P/E ratio of -22.60.

Anaplan (NYSE:PLAN) last issued its quarterly earnings data on Monday, February 25th. The company reported ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.18) by $0.05. The company had revenue of $69.30 million during the quarter, compared to the consensus estimate of $63.71 million. Anaplan’s revenue for the quarter was up 49.7% on a year-over-year basis. On average, research analysts predict that Anaplan will post -1.29 earnings per share for the current fiscal year.

A number of hedge funds have recently made changes to their positions in PLAN. Frontier Capital Management Co. LLC acquired a new position in Anaplan in the fourth quarter worth $8,313,000. Emerald Advisers LLC acquired a new position in Anaplan in the fourth quarter worth $422,000. Rhumbline Advisers acquired a new position in Anaplan in the fourth quarter worth $643,000. TD Asset Management Inc. acquired a new position in Anaplan in the fourth quarter worth $391,000. Finally, Breakline Capital LLC acquired a new position in Anaplan in the fourth quarter worth $738,000. 5.44% of the stock is currently owned by institutional investors and hedge funds.

About Anaplan

Anaplan, Inc provides a cloud-based connected planning platform Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations.

See Also: Dow Jones Industrial Average (DJIA)

Analyst Recommendations for Anaplan (NYSE:PLAN)

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Jumia moves to sell shares in New York

CB Insights rates Jumia as one of Africa’s three unicorns, a private company valued at more than $1bn. The e-commerce group retailer offers in 14 …

Ife Ogunfuwa with agency report

African e-commerce company, Jumia Technologies, filed for its initial public offering at the New York Stock Exchange.

The firm seeks to take advantage of rising Internet access and increasing smartphone use on the continent, Bloomberg reported.

According to the report, the company is seeking a public listing to raise funds and boost awareness, according to a filing on Tuesday and will trade under JMIA on the NYSE.

It was gathered that the IPO would value Jumia at about $1.5bn, while largest shareholder MTN Group is looking to raise about $600m to pay down debt.

Banks leading the IPO include Morgan Stanley, Citigroup Inc., Berenberg and RBC Capital Markets.

CB Insights rates Jumia as one of Africa’s three unicorns, a private company valued at more than $1bn.

The e-commerce group retailer offers in 14 African countries, including Nigeria, Kenya, Morocco and Egypt, has about four million active customers as of 2018 from 2.7 million the previous year.

“We intend to benefit from the expected growth of e-commerce in Africa through the investments that we have made and the extensive local expertise that we have developed since our founding in 2012,” Jumia said in the filing.

The company reported a loss of €170.4m ($192.4m) in 2018, compared with €165.4m in 2017. The e-commerce firm is also burning cash with negative operating cash flows of $159.2m.

Jumia was founded by French entrepreneurs, Sacha Poignonnec and Jeremy Hodara, who spied an opportunity in the lack of availability of items such as designer watches and sunglasses in Lagos stores.

MTN said at its full-year earnings presentation last week that Africa’s largest wireless carrier had identified Jumia as one of a number of e-commerce assets that could be sold as part of a 15 billion rand ($1bn) asset-disposal plan.

The Johannesburg-based company is also looking for buyers for flight-booking site, Travelstart-co.za.

Other Jumia shareholders include Goldman Sachs Group Inc., Millicom International Cellular SA, Orange SA and Africa Internet Group, a venture backed by Goldman, MTN and Rocket Internet SE.

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