Arrowstreet Capital Limited Partnership Lifted Electronic Arts (EA) Stake; Kraton (KRA) Had 1 Analysts Last Week

August 12, 2018 - By Matthew Richard

Electronic Arts Inc. (NASDAQ:EA) Logo

Among 2 analysts covering Kraton (NYSE:KRA), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Kraton had 4 analyst reports since February 21, 2018 according to SRatingsIntel. The stock of Kraton Corporation (NYSE:KRA) earned “Sell” rating by UBS on Wednesday, February 21. The firm has “Sell” rating by UBS given on Thursday, April 26. UBS maintained it with “Sell” rating and $39 target in Thursday, July 26 report. See Kraton Corporation (NYSE:KRA) latest ratings:

26/07/2018 Broker: UBS Old Rating: Sell New Rating: Sell Old Target: $38 New Target: $39 Maintain
26/04/2018 Broker: UBS Old Rating: Sell New Rating: Sell Old Target: $36 New Target: $38 Maintain
20/03/2018 Broker: Loop Capital Markets Rating: Buy New Target: $76.0
21/02/2018 Broker: UBS Old Rating: Sell New Rating: Sell Old Target: $30 New Target: $33 Maintain

Arrowstreet Capital Limited Partnership increased Electronic Arts Inc (EA) stake by 1.79% reported in 2018Q1 SEC filing. Arrowstreet Capital Limited Partnership acquired 14,897 shares as Electronic Arts Inc (EA)’s stock rose 2.55%. The Arrowstreet Capital Limited Partnership holds 848,966 shares with $102.93 million value, up from 834,069 last quarter. Electronic Arts Inc now has $40.20 billion valuation. The stock increased 2.74% or $3.5 during the last trading session, reaching $131.32. About 4.92M shares traded or 57.50% up from the average. Electronic Arts Inc. (NASDAQ:EA) has risen 15.83% since August 12, 2017 and is uptrending. It has outperformed by 3.26% the S&P500. Some Historical EA News: 03/05/2018 – $TTWO $EA ripping higher. $ATVI still halted; 24/04/2018 – gr8 People Announces 2018 Global Customer Advisory Board; 24/05/2018 – FIFA and Electronic Arts Unveil London as FIFA eWorld Cup Grand Final 2018 Location To Crown The World’s Champion Of The; 12/04/2018 – ELECTRONIC ARTS NAMES PATRICK SODERLUND CHIEF DESIGN OFFICER; 08/05/2018 – ELECTRONIC ARTS INC – REVISED ITS LONG-TERM TAX RATE FROM 21% TO 18% PRIMARILY DUE TO CHANGES RESULTING FROM RECENT TAX LEGISLATION IN U.S; 02/04/2018 – Fidelity Advisor Diversified Adds Electronic Arts; 23/05/2018 – EA Announces Battlefield V Launching Worldwide on October 19; 30/05/2018 – Electronic Arts: Vivek Paul and Denise F. Warren to Retire From Board; 23/05/2018 – GAMEFLY: MAIL SUBSCRIPTIONS REMAIN AFTER ELECTRONIC ARTS DEAL; 08/05/2018 – ELECTRONIC ARTS INC EA.O – FY 2019 NET BOOKINGS IS EXPECTED TO BE APPROXIMATELY $5.55 BILLION

Investors sentiment is 0.85 in Q1 2018. Its the same as in 2017Q4. It is flat, as 72 investors sold EA shares while 230 reduced holdings. only 84 funds opened positions while 173 raised stakes. 273.19 million shares or 2.68% less from 280.71 million shares in 2017Q4 were reported. Trust Of Vermont stated it has 400 shares. Victory Cap Management owns 4,736 shares. Oppenheimer & Communications holds 9,510 shares or 0.03% of its portfolio. Ftb Incorporated holds 0% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 102 shares. Dupont Capital Mgmt reported 2,922 shares stake. Neuberger Berman holds 0.06% or 413,794 shares. First Citizens Bancorp And reported 0.16% stake. 248 are held by Carroll Finance Incorporated. Hightower Limited Liability Corp holds 0.01% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 6,344 shares. Dnb Asset Mgmt As holds 0% or 36,684 shares. Massachusetts Fincl Serv Com Ma accumulated 7.74 million shares. Ibm Retirement Fund invested in 6,615 shares or 0.15% of the stock. Guggenheim Cap reported 645,831 shares stake. Convergence Prtnrs Limited Liability Corp stated it has 0.01% in Electronic Arts Inc. (NASDAQ:EA). Arizona State Retirement System holds 0.13% or 110,151 shares.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Nasdaq.com which released: “Electronic Arts (EA) Q1 Earnings: Is a Beat in the Cards?” on July 24, 2018, also Nasdaq.com with their article: “Electronic Arts (EA) Stock Slides on Q1 Earnings Beat, Weak Q2 Outlook” published on July 27, 2018, Nasdaq.com published: “Game the Sale in Activision Blizzard Stock” on August 08, 2018. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Forbes.com and their article: “What Will Drive Electronic Arts’ Near-Term Growth?” published on August 08, 2018 as well as Fool.com‘s news article titled: “Is This Electronic Arts’s Biggest Weakness?” with publication date: August 09, 2018.

Since February 16, 2018, it had 0 buys, and 46 selling transactions for $37.48 million activity. 10,500 shares were sold by Jorgensen Blake J, worth $1.43M. 5,000 shares were sold by Soderlund Patrick, worth $595,137. $1.21M worth of Electronic Arts Inc. (NASDAQ:EA) was sold by Wilson Andrew. $793,015 worth of Electronic Arts Inc. (NASDAQ:EA) was sold by HOAG JAY C on Thursday, February 22. Singh Vijayanthimala had sold 200 shares worth $24,096. Bilbey Matthew sold $2.12 million worth of Electronic Arts Inc. (NASDAQ:EA) on Thursday, May 17. Another trade for 1,500 shares valued at $200,761 was made by Bruzzo Chris on Friday, June 1.

Among 9 analysts covering Electronic Arts (NASDAQ:EA), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Electronic Arts had 12 analyst reports since March 26, 2018 according to SRatingsIntel. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, July 11. KeyBanc Capital Markets maintained it with “Overweight” rating and $168 target in Monday, June 18 report. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Buy” rating by Stifel Nicolaus on Friday, June 15. J.P. Morgan initiated it with “Buy” rating and $15000 target in Tuesday, May 1 report. Robert W. Baird maintained Electronic Arts Inc. (NASDAQ:EA) rating on Friday, April 13. Robert W. Baird has “Buy” rating and $14800 target. As per Wednesday, May 9, the company rating was maintained by Oppenheimer. Stifel Nicolaus maintained Electronic Arts Inc. (NASDAQ:EA) rating on Monday, March 26. Stifel Nicolaus has “Buy” rating and $14100 target. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Buy” rating by Argus Research on Wednesday, August 1. Stifel Nicolaus maintained the shares of EA in report on Monday, July 23 with “Buy” rating. The rating was maintained by Piper Jaffray with “Buy” on Monday, June 11.

Arrowstreet Capital Limited Partnership decreased Autodesk Inc (NASDAQ:ADSK) stake by 588,081 shares to 87,900 valued at $11.04M in 2018Q1. It also reduced Praxair Inc (NYSE:PX) stake by 483,675 shares and now owns 62,631 shares. Fidus Invt Corp (NASDAQ:FDUS) was reduced too.

Investors sentiment increased to 1.48 in 2018 Q1. Its up 0.21, from 1.27 in 2017Q4. It increased, as 19 investors sold Kraton Corporation shares while 56 reduced holdings. 32 funds opened positions while 79 raised stakes. 28.71 million shares or 0.80% more from 28.49 million shares in 2017Q4 were reported. Bluemountain Capital Management Limited Company reported 22,550 shares stake. Cap Fund Mngmt Sa reported 0% stake. Panagora Asset Mgmt owns 10,105 shares for 0% of their portfolio. Utd Svcs Automobile Association reported 5,955 shares. 2,703 are held by Riverhead Capital Mngmt Limited Liability. 496,013 were reported by Aristotle Cap Boston Limited Com. Teacher Retirement Of Texas, a Texas-based fund reported 6,927 shares. Parametric Port Associate Lc holds 55,944 shares. Thrivent Financial For Lutherans, Minnesota-based fund reported 21,314 shares. 82,754 were reported by Deutsche State Bank Ag. Moreover, Comerica Commercial Bank has 0.01% invested in Kraton Corporation (NYSE:KRA) for 33,233 shares. Macquarie Grp Inc Ltd holds 0% or 3,900 shares in its portfolio. Arizona State Retirement Sys accumulated 50,001 shares or 0.02% of the stock. Amalgamated National Bank & Trust stated it has 0.01% of its portfolio in Kraton Corporation (NYSE:KRA). Scopus Asset Ltd Partnership has invested 0.02% in Kraton Corporation (NYSE:KRA).

More news for Kraton Corporation (NYSE:KRA) were recently published by: Seekingalpha.com, which released: “Kraton Corporation 2018 Q2 – Results – Earnings Call Slides” on July 26, 2018. Nasdaq.com‘s article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within TopBuild, Hub Group, Kraton, Textron, Skechers …” and published on July 27, 2018 is yet another important article.

The stock decreased 1.39% or $0.68 during the last trading session, reaching $48.17. About 132,242 shares traded. Kraton Corporation (NYSE:KRA) has risen 44.34% since August 12, 2017 and is uptrending. It has outperformed by 31.77% the S&P500. Some Historical KRA News: 14/05/2018 – Kraton Polymers Llc/cap Offers to Repurchase 10.5% Company Guarn; 25/04/2018 – Kraton 1Q EPS 68c; 20/03/2018 – Kraton Closes Above 50-Day Moving Average: Technicals; 08/03/2018 – KRATON COMMITTED TO NET DEBT LEVERAGE BELOW 4 TURNS BY END FY18; 08/03/2018 – Kraton Corporation Announces Successful Closing of Term Loan Refinancing; 25/04/2018 – KRATON CORP – CONTINUE TO EXPECT FULL-YEAR 2018 ADJUSTED EBITDA TO BE APPROXIMATELY $400 MILLION; 25/04/2018 – KRATON 1Q REV. $502.4M, EST. $481.0M; 25/04/2018 – KRATON CORP – QTRLY REVENUE $502.4 MLN VS $458.1 MLN; 14/05/2018 – Kraton Says Subsidiary to Borrow Additional $90.0 Million in Incremental U.S. Dollar-Denominated Term Loans Under Existing Term-Loan Facility; 25/04/2018 – KRATON CORP – QTRLY ADJ SHR $0.58

Kraton Corporation (NYSE:KRA) Institutional Positions Chart

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