Ebay (EBAY) Share Value Declined While Iridian Asset Management Lowered by $30.08 Million Its Stake; Capital Investment Advisors Raised Occidental Pete (OXY) Stake by $422,592; Share Value Rose

August 12, 2018 - By Jack Shaw

Occidental Petroleum Corporation (NYSE:OXY) Logo

Capital Investment Advisors Llc increased its stake in Occidental Pete Corp (OXY) by 35.95% based on its latest 2018Q1 regulatory filing with the SEC. Capital Investment Advisors Llc bought 6,603 shares as the company’s stock rose 22.49% while stock markets declined. The institutional investor held 24,971 shares of the oil & gas production company at the end of 2018Q1, valued at $1.62 million, up from 18,368 at the end of the previous reported quarter. Capital Investment Advisors Llc who had been investing in Occidental Pete Corp for a number of months, seems to be bullish on the $60.33B market cap company. The stock increased 1.27% or $0.99 during the last trading session, reaching $78.78. About 8.38M shares traded or 80.21% up from the average. Occidental Petroleum Corporation (NYSE:OXY) has risen 35.73% since August 12, 2017 and is uptrending. It has outperformed by 23.16% the S&P500. Some Historical OXY News: 20/03/2018 – TPG PACE ENERGY HOLDINGS – UPON CLOSING, CHRISTOPHER STAVROS WILL SERVE AS MAGNOLIA OIL & GAS CORPORATION’S CFO; 20/04/2018 – Occidental Rises for 10 Days; Tied for Longest Rally; 08/05/2018 – Occidental Petroleum 1Q Core Income $708 Millio; 09/05/2018 – OCCIDENTAL PETROLEUM CORP OXY.N CEO SAYS HAS NOT SEEN, AND DOES NOT EXPECT, ANY IMPACT ON QATAR OPERATIONS FROM GULF EMBARGO OF THAT COUNTRY; 08/05/2018 – OCCIDENTAL PETROLEUM SEES 2018 OIL & GAS SEGMENT PERMIAN RESOURCES PRODUCTION OF 198 — 210 MBOED; 13/04/2018 – OCCIDENTAL PETROLEUM CORP OXY.N : CREDIT SUISSE RAISES TARGET PRICE TO $76 FROM $65; 01/05/2018 – Occidental Presenting at AllianceBernstein Conference May 31; 08/05/2018 – OCCIDENTAL PETROLEUM CORP – SEES CHEMICAL SEGMENT ABOUT $300 MLN PRE-TAX INCOME IN 2Q18E; 20/03/2018 – TPG PACE ENERGY HOLDINGS CORP – MOST RECENTLY, STAVROS SERVED AS CFO OF OCCIDENTAL PETROLEUM CORPORATION; 06/03/2018 OCCIDENTAL SVP CYNTHIA WALKER SPEAKS AT CERAWEEK

Iridian Asset Management Llc decreased its stake in Ebay Inc (EBAY) by 14.96% based on its latest 2018Q1 regulatory filing with the SEC. Iridian Asset Management Llc sold 751,878 shares as the company’s stock declined 13.44% with the market. The hedge fund held 4.27 million shares of the business services company at the end of 2018Q1, valued at $171.95 million, down from 5.03M at the end of the previous reported quarter. Iridian Asset Management Llc who had been investing in Ebay Inc for a number of months, seems to be less bullish one the $33.73 billion market cap company. The stock decreased 0.18% or $0.06 during the last trading session, reaching $34.09. About 12.58M shares traded or 28.64% up from the average. eBay Inc. (NASDAQ:EBAY) has risen 7.72% since August 12, 2017 and is uptrending. It has underperformed by 4.85% the S&P500. Some Historical EBAY News: 09/05/2018 – EBay will relaunch its India business after selling its Flipkart stake to Walmart; 19/04/2018 – DJ eBay Inc, Inst Holders, 1Q 2018 (EBAY); 18/05/2018 – US companies from JPMorgan Chase to eBay have come under fire from shareholder groups for trying to neuter a campaign to strengthen investor oversight of management; 25/04/2018 – EBAY 1Q ADJ EPS CONT OPS 53C, EST. 53C; 27/03/2018 – Pizza Hut® To Auction Off “Final Four” Pairs Of Pie Tops II On eBay Charity; 13/04/2018 – Walmart is in advanced talks to acquire Amazon’s India rival Flipkart – but it may have to strike a deal with eBay first; 02/04/2018 – eBay Inc: eBay Releases its 2017 Diversity and Inclusion Report Mon, 02 Apr 2018 00:00:00 -0700; 15/05/2018 – SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN SOUTHWEST AIRLINES – SEC FILING; 18/04/2018 – Analyst Brian Nowak says eBay’s move away from PayPal could juice the company’s numbers in the long run; 20/03/2018 – EBay Says Marketplaces Face `Serious Threat’ From EU Tax Changes

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Nasdaq.com which released: “Can eBay Survive in the Age of Amazon?” on July 20, 2018, also Nasdaq.com with their article: “Friday’s Vital Data: Microsoft, General Electric and eBay” published on July 20, 2018, Fool.com published: “eBay Talks Growth Plans, Profitability, and Its New 2018 Outlook” on July 23, 2018. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Seekingalpha.com and their article: “Groupon Is Chasing A Falling Star” published on August 08, 2018 as well as Seekingalpha.com‘s news article titled: “EBay lower after guidance disappoints” with publication date: July 18, 2018.

Iridian Asset Management Llc, which manages about $11.52B and $11.15 billion US Long portfolio, upped its stake in Adient Plc by 55,653 shares to 3.27 million shares, valued at $195.35 million in 2018Q1, according to the filing. It also increased its holding in Post Holdings Inc (NYSE:POST) by 141,631 shares in the quarter, for a total of 2.51 million shares, and has risen its stake in Huntsman Corp (NYSE:HUN).

Investors sentiment decreased to 0.79 in Q1 2018. Its down 0.13, from 0.92 in 2017Q4. It dropped, as 44 investors sold EBAY shares while 314 reduced holdings. 103 funds opened positions while 180 raised stakes. 835.10 million shares or 4.08% less from 870.62 million shares in 2017Q4 were reported. Alphamark Limited Liability Company holds 0.02% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 1,275 shares. Dnb Asset Management As has invested 0% of its portfolio in eBay Inc. (NASDAQ:EBAY). 19,945 were accumulated by Davis R M. Endurance Wealth Mgmt Inc holds 0% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 465 shares. Montecito Savings Bank reported 8,338 shares. Gamco Investors Incorporated Et Al has invested 0.2% in eBay Inc. (NASDAQ:EBAY). 29.15M are owned by Wellington Management Limited Liability Partnership. Korea Invest holds 402,631 shares. 490,596 were reported by Bradley Foster Sargent Ct. Washington Tru Bank & Trust reported 3,513 shares or 0.02% of all its holdings. 1.39 million were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Wisconsin-based Madison Inv Inc has invested 0.01% in eBay Inc. (NASDAQ:EBAY). Hanson Mcclain Inc invested 0% in eBay Inc. (NASDAQ:EBAY). Greenleaf Tru reported 0.01% of its portfolio in eBay Inc. (NASDAQ:EBAY). Utah Retirement System has invested 0.15% in eBay Inc. (NASDAQ:EBAY).

Analysts await eBay Inc. (NASDAQ:EBAY) to report earnings on October, 17. They expect $0.44 earnings per share, up 12.82% or $0.05 from last year’s $0.39 per share. EBAY’s profit will be $435.41M for 19.37 P/E if the $0.44 EPS becomes a reality. After $0.39 actual earnings per share reported by eBay Inc. for the previous quarter, Wall Street now forecasts 12.82% EPS growth.

Among 46 analysts covering eBay Inc (NASDAQ:EBAY), 28 have Buy rating, 2 Sell and 16 Hold. Therefore 61% are positive. eBay Inc had 184 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $4600 target in Thursday, April 26 report. The firm earned “Buy” rating on Thursday, April 19 by Aegis Capital. RBC Capital Markets maintained it with “Hold” rating and $3600 target in Tuesday, July 18 report. On Friday, July 14 the stock rating was maintained by Cowen & Co with “Hold”. As per Thursday, April 26, the company rating was maintained by UBS. The firm earned “Hold” rating on Tuesday, September 5 by KeyBanc Capital Markets. Maxim Group initiated the stock with “Buy” rating in Thursday, June 23 report. Wedbush maintained it with “Neutral” rating and $34 target in Thursday, October 13 report. The stock has “Overweight” rating by KeyBanc Capital Markets on Wednesday, April 11. UBS maintained the shares of EBAY in report on Thursday, July 23 with “Buy” rating.

Since February 21, 2018, it had 0 insider buys, and 10 sales for $14.00 million activity. Lee Jae Hyun also sold $633,885 worth of eBay Inc. (NASDAQ:EBAY) on Wednesday, February 21. SWAN ROBERT HOLMES also sold $1.76M worth of eBay Inc. (NASDAQ:EBAY) on Friday, April 20. $464,939 worth of eBay Inc. (NASDAQ:EBAY) was sold by FISHER STEPHEN. 131,332 shares valued at $5.68 million were sold by Schenkel Scott F. on Wednesday, February 28. PITTMAN RAYMOND J sold $2.62M worth of eBay Inc. (NASDAQ:EBAY) on Friday, February 23. 35,631 shares valued at $1.35M were sold by Huber Marie Oh on Wednesday, May 16.

Capital Investment Advisors Llc, which manages about $1.53 billion US Long portfolio, decreased its stake in Ishares Dow Jones Us Technolog (IYW) by 2,899 shares to 48,623 shares, valued at $8.18 million in 2018Q1, according to the filing. It also reduced its holding in Allstate Corporation (NYSE:ALL) by 3,616 shares in the quarter, leaving it with 4,123 shares, and cut its stake in Ishares High Yield Index (HYG).

More notable recent Occidental Petroleum Corporation (NYSE:OXY) news were published by: Bizjournals.com which released: “Oxy selling midstream assets, terminal to Houston cos.” on August 09, 2018, also Fool.com with their article: “These Oil Stocks Just Cashed in on the Permian Basin Pipeline Craze” published on August 09, 2018, 247Wallst.com published: “Short Sellers of Major Oil Stocks Run for Cover” on August 10, 2018. More interesting news about Occidental Petroleum Corporation (NYSE:OXY) were released by: Investorplace.com and their article: “5 Energy Stocks to Sell Now” published on August 09, 2018 as well as Seekingalpha.com‘s news article titled: “Oxy Petroleum slips after Q2 earnings miss, 28% capex raise to $5B” with publication date: August 08, 2018.

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.06, from 0.93 in 2017Q4. It improved, as 65 investors sold OXY shares while 335 reduced holdings. 114 funds opened positions while 280 raised stakes. 604.35 million shares or 1.45% less from 613.25 million shares in 2017Q4 were reported. Cullen Frost Bankers stated it has 0.62% in Occidental Petroleum Corporation (NYSE:OXY). 2,864 are owned by Cohen & Steers Incorporated. 12.07 million were reported by Wellington Management Gru Limited Liability Partnership. Teachers Retirement Sys Of The State Of Kentucky has invested 0.07% in Occidental Petroleum Corporation (NYSE:OXY). Td Asset has invested 0.33% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY). Guardian Life Ins Of America has invested 0.02% in Occidental Petroleum Corporation (NYSE:OXY). Carret Asset Mngmt Limited Liability Com invested in 14,544 shares or 0.16% of the stock. Hanson Doremus Invest stated it has 175 shares or 0% of all its holdings. Supplemental Annuity Collective Tru Of Nj holds 6,000 shares or 0.17% of its portfolio. Massachusetts-based Colony Limited has invested 0.02% in Occidental Petroleum Corporation (NYSE:OXY). Perigon Wealth Limited Company stated it has 204,361 shares. Toronto Dominion Bancshares owns 1.31M shares for 0.19% of their portfolio. Piedmont Invest Advsrs Ltd Liability has invested 0.2% in Occidental Petroleum Corporation (NYSE:OXY). Verity Verity Ltd Limited Liability Company reported 60,860 shares or 1.06% of all its holdings. S&Co has 0.1% invested in Occidental Petroleum Corporation (NYSE:OXY) for 12,490 shares.

Among 23 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 12 have Buy rating, 1 Sell and 10 Hold. Therefore 52% are positive. Occidental Petroleum Corporation had 99 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, December 11 by Credit Suisse. The rating was upgraded by Goldman Sachs on Friday, November 17 to “Buy”. As per Friday, January 19, the company rating was maintained by Jefferies. The stock of Occidental Petroleum Corporation (NYSE:OXY) earned “Hold” rating by BMO Capital Markets on Friday, September 1. The company was maintained on Friday, August 10 by JP Morgan. As per Monday, September 12, the company rating was downgraded by JP Morgan. Morgan Stanley maintained Occidental Petroleum Corporation (NYSE:OXY) rating on Wednesday, January 24. Morgan Stanley has “Equal-Weight” rating and $84 target. The firm earned “Hold” rating on Friday, July 28 by Jefferies. The firm has “Buy” rating given on Friday, March 23 by Deutsche Bank. As per Monday, April 3, the company rating was maintained by Jefferies.

eBay Inc. (NASDAQ:EBAY) Institutional Positions Chart

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