Shaker Investments Has Increased Its Globant S A (GLOB) Position; Morgan Stanley India Investment Fund Has 1.19 Sentiment

Globant S.A. (NYSE:GLOB) Logo

Morgan Stanley India Investment Fund Inc (IIF) investors sentiment increased to 1.19 in 2018 Q3. It’s up 0.60, from 0.59 in 2018Q2. The ratio increased, as 19 investment managers opened new and increased positions, while 16 sold and reduced positions in Morgan Stanley India Investment Fund Inc. The investment managers in our database reported: 4.63 million shares, down from 4.78 million shares in 2018Q2. Also, the number of investment managers holding Morgan Stanley India Investment Fund Inc in top ten positions was flat from 1 to 1 for the same number . Sold All: 7 Reduced: 9 Increased: 8 New Position: 11.

Shaker Investments Llc increased Globant S A (GLOB) stake by 142.55% reported in 2018Q3 SEC filing. Shaker Investments Llc acquired 31,575 shares as Globant S A (GLOB)’s stock declined 9.65%. The Shaker Investments Llc holds 53,725 shares with $3.17 million value, up from 22,150 last quarter. Globant S A now has $2.19 billion valuation. The stock increased 5.99% or $3.44 during the last trading session, reaching $60.83. About 339,259 shares traded or 60.13% up from the average. Globant S.A. (NYSE:GLOB) has risen 37.25% since January 10, 2018 and is uptrending. It has outperformed by 37.25% the S&P500. Some Historical GLOB News: 04/04/2018 – GLOBANT EXTENDS DECLINE TO 4.1%, MOST SINCE JAN. 25; 10/05/2018 – GLOBANT SA GLOB.LU SEES FY 2018 REVENUE UP 22.4 PCT; 10/05/2018 – Globant Sees FY Adj EPS $1.56-Adj EPS $1.64; 16/04/2018 – $GLOB board of advisor Martin Sorrell resigned from $WPP over the weekend. We reviewed $GLOB 20-F and found a worrisome restatement; 10/05/2018 – GLOBANT SA GLOB.LU SEES FY 2018 REVENUE $502 MLN TO $510 MLN; 29/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Assembly Biosciences, MGP Ingredients, Globant S.A, 8point3; 10/05/2018 – GLOBANT SA – QTRLY NON-IFRS ADJUSTED DILUTED EPS WAS $0.38 PER SHARE; 04/04/2018 – Globant SA sprucepointcap sprucepointcap sprucepointcap; 04/04/2018 – $GLOB is reluctant to discuss, and appears to overstate, its decelerating organic growth; 16/04/2018 – We criticized $GLOB for lack of transparency of its organic growth, and guess what, they become less transparent. Impossible now to determine revenue contribution from recent acquisitions

Investors sentiment decreased to 1.8 in Q3 2018. Its down 0.83, from 2.63 in 2018Q2. It dived, as 14 investors sold GLOB shares while 32 reduced holdings. 36 funds opened positions while 47 raised stakes. 25.02 million shares or 0.57% more from 24.87 million shares in 2018Q2 were reported. Fifth Third National Bank owns 1,447 shares. Automobile Association holds 35,500 shares or 0.01% of its portfolio. Fred Alger Mgmt Inc invested in 607,432 shares or 0.13% of the stock. 7,808 were reported by Campbell And Inv Adviser Ltd. Ubs Asset Mgmt Americas has invested 0% in Globant S.A. (NYSE:GLOB). Stephens Inv Llc has invested 0.28% of its portfolio in Globant S.A. (NYSE:GLOB). American Cap Management holds 5,221 shares or 0.01% of its portfolio. Gilder Gagnon Howe & Lc has 0.47% invested in Globant S.A. (NYSE:GLOB). Employees Retirement Sys Of Texas reported 49,000 shares. Northern Tru holds 0% or 118,891 shares. Hood River Mngmt Ltd Liability holds 1.65% or 632,448 shares in its portfolio. Lmr Prtn Limited Liability Partnership owns 64,280 shares for 0.24% of their portfolio. Fmr Ltd Liability Company invested 0% of its portfolio in Globant S.A. (NYSE:GLOB). Mackenzie Financial has invested 0.04% in Globant S.A. (NYSE:GLOB). Ftb Advsr accumulated 262 shares.

Among 2 analysts covering Globant (NYSE:GLOB), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Globant had 3 analyst reports since August 24, 2018 according to SRatingsIntel. The rating was maintained by JP Morgan on Wednesday, October 24 with “Overweight”. Citigroup maintained Globant S.A. (NYSE:GLOB) on Friday, August 24 with “Buy” rating. On Friday, August 24 the stock rating was maintained by JP Morgan with “Overweight”.

The stock decreased 0.54% or $0.11 during the last trading session, reaching $20.2. About 21,450 shares traded. Morgan Stanley India Investment Fund, Inc. (IIF) has declined 25.50% since January 10, 2018 and is downtrending. It has underperformed by 25.50% the S&P500.

More notable recent Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) news were published by: Fool.com which released: “Why General Electric Stock Is in Rally Mode Today – Motley Fool” on December 19, 2018, also Seekingalpha.com with their article: “Global Debt Increase 2018 Vs. Gold Investment: Must See Charts – Seeking Alpha” published on November 28, 2018, Seekingalpha.com published: “4% Alpha Remains In Morgan Stanley Asia-Pacific Fund Reorganization – Seeking Alpha” on December 26, 2018. More interesting news about Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) were released by: Nasdaq.com and their article: “Capital Southwest Announces Amendment to Revolving Credit Facility: Increased Facility Size, Extended Maturity, Improved Pricing, and Asset Coverage Update – Nasdaq” published on December 21, 2018 as well as Cnbc.com‘s news article titled: “Trade issues are a nagging problem, says IIF CEO – CNBC” with publication date: September 27, 2018.

City Of London Investment Management Co Ltd holds 5.51% of its portfolio in Morgan Stanley India Investment Fund, Inc. for 3.04 million shares. Thomas J. Herzfeld Advisors Inc. owns 53,674 shares or 0.45% of their US portfolio. Moreover, Blue Bell Private Wealth Management Llc has 0.38% invested in the company for 37,629 shares. The Connecticut-based Yakira Capital Management Inc. has invested 0.38% in the stock. Cornerstone Advisors Inc, a Alabama-based fund reported 165,652 shares.

Globant S.A. (NYSE:GLOB) Ratings Chart

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