08/08/2016 – Activision Blizzard, Inc had its “buy” rating reiterated by analysts at Stifel Nicolaus.
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Activision Blizzard (NASDAQ:ATVI) last released its earnings results on Thursday, August 4th.
ATVI has been the subject of a number of other reports.
Bbr Partners Llc holds 4.16% of its portfolio in ATVI for 719,187 shares. Analyst’s consensus target price is measured at $46.31 for twelve month. They now have a Dollars 46 price target on the stock. Commonwealth Equity Services Inc raised its stake in Activision Blizzard by 0.6% in the first quarter. Four research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The company has an Average Rating of 1.95 based on analysts tracked by Thomson Reuters. The stock’s Dividend stands at 0.26 and Dividend Yield stands at 0.65 Percent. It also increased its holding in Synchrony Finl (NYSE:SYF) by 687,185 shares in the quarter, for a total of 5.62M shares, and has risen its stake in Signature Bk New York N Y (NASDAQ:SBNY). The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The stock is performing 4.49% year to date. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. The number of shares now owned by investors are 97.55 mln. The disclosure for this sale can be found here. In this Insider Trading activity, shares were sold with per share cost of $41.83. (NASDAQ:ATVI) downgraded by MKM Partners from Buy to Neutral. HL Financial Services LLC raised its stake in Activision Blizzard by 0.5% in the second quarter. Current year EPS projections for Activision Blizzard, Inc. NEXT Financial Group Inc now owns 6,071 shares of the company’s stock valued at $240,000 after buying an additional 850 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its stake in Activision Blizzard by 7.3% in the second quarter.
Ci Global Investments Inc decreased its stake in Activision Blizzard Inc (NASDAQ:ATVI) by 11.04% based on its latest 2016Q1 regulatory filing with the SEC. The stock has a 52-week highest price of $43.05 and its 52-week lowest price was called at $26.03.
Activision Blizzard Inc has moved 0.03% above its 50-day simple moving average of $40.98 and went up 10.54% from its 200-day simple moving average of $36.35. The company’s Market capitalization is $29.72 Billion with the total Outstanding Shares of 741.47 Million. The firm’s earnings before interest, tax, depreciation and amortization (EBITDA) calculated at 38.11M for the last 12 months. The company reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.03. (NASDAQ:ATVI)’s revenue estimates for the current quarter are $1.57 billion meanwhile the company has high revenue estimates of $1.67 billion in contradiction of low revenue estimates of $1.53 billion. The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.44 billion. On average, equities research analysts expect that Activision Blizzard will post $1.97 earnings per share for the current year.
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Activision Blizzard, Inc.is a developer and publisher of online, personal computer, video game console, handheld, mobile and tablet games. The Company operates through Activision Publishing, Inc (Activision) and its subsidiaries, Blizzard Entertainment, Inc (Blizzard) and its subsidiaries, and Other segments.
