As Sina (SINA) Market Valuation Declined, Fosun International LTD Has Boosted Its Holding; Svb Financial Group (SIVB) Position Increased by Washington Trust Company

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Fosun International Ltd increased its stake in Sina Corp (SINA) by 10.53% based on its latest 2018Q3 regulatory filing with the SEC. Fosun International Ltd bought 176,516 shares as the company’s stock declined 3.56% with the market. The institutional investor held 1.85 million shares of the prepackaged software company at the end of 2018Q3, valued at $128.77M, up from 1.68 million at the end of the previous reported quarter. Fosun International Ltd who had been investing in Sina Corp for a number of months, seems to be bullish on the $4.29B market cap company. The stock decreased 1.28% or $0.78 during the last trading session, reaching $59.96. About 312,036 shares traded. SINA Corporation (NASDAQ:SINA) has declined 34.60% since February 5, 2018 and is downtrending. It has underperformed by 34.60% the S&P500. Some Historical SINA News: 13/05/2018 – Sina News: Express rail line completed in northeast China; 09/05/2018 – SINA CORP QTRLY ADVERTISING REVENUES INCREASED 61% YEAR-OVER-YEAR TO $367.1 MLN; 09/05/2018 – SINA 1Q ADJ EPS 47C, EST. 42C; 11/03/2018 – Sina News: Panasonic weighs selling China security camera factory: Nikkei; 23/03/2018 – CHINA FOREIGN MIN: COURTESY ON ONE SIDE ONLY LASTS SO LONG:SINA; 26/04/2018 – SINA Files Annual Report on Form 20-F for Fiscal Year 2017

Washington Trust Company increased its stake in Svb Financial Group (SIVB) by 54.78% based on its latest 2018Q3 regulatory filing with the SEC. Washington Trust Company bought 12,077 shares as the company’s stock declined 37.00% with the market. The institutional investor held 34,124 shares of the major banks company at the end of 2018Q3, valued at $10.61M, up from 22,047 at the end of the previous reported quarter. Washington Trust Company who had been investing in Svb Financial Group for a number of months, seems to be bullish on the $12.60 billion market cap company. The stock increased 0.54% or $1.28 during the last trading session, reaching $239.56. About 401,391 shares traded. SVB Financial Group (NASDAQ:SIVB) has declined 11.14% since February 5, 2018 and is downtrending. It has underperformed by 11.14% the S&P500. Some Historical SIVB News: 27/03/2018 – SVB Financial Group Lunch Scheduled By Wedbush for Apr. 3; 03/04/2018 – SVB Financial at Group Lunch Hosted By Wedbush Today; 12/04/2018 – SVB Financial Group Confirms Date And Time Of Quarterly Earnings Call; 08/03/2018 – Moody’s Affirms SVB Financial and Silicon Valley Bank Unit, Including A3 Long-Term Issuer Rating for Bank; 19/04/2018 – DJ SVB Financial Group, Inst Holders, 1Q 2018 (SIVB); 26/04/2018 – SVB FINANCIAL GROUP – QTRLY SHR $3.63; 08/05/2018 – MOVES-SVB Financial appoints Weebly CFO to board of directors; 26/04/2018 – SVB Financial 1Q EPS $3.63; 08/03/2018 – Moody’s: Affirmation Reflects SVB’s Strong Funding and Liquidity Profil; 10/04/2018 – Silicon Valley Bank Expands Energy and Resource Innovation Practice

Among 11 analysts covering Sina Corporation (NASDAQ:SINA), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Sina Corporation had 23 analyst reports since August 19, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Thursday, October 29. The rating was upgraded by Jefferies on Friday, July 22 to “Buy”. Jefferies maintained the shares of SINA in report on Thursday, July 13 with “Buy” rating. JP Morgan maintained the stock with “Overweight” rating in Thursday, February 15 report. The stock of SINA Corporation (NASDAQ:SINA) has “Buy” rating given on Monday, August 17 by TH Capital. Brean Capital maintained the stock with “Buy” rating in Thursday, November 19 report. The stock of SINA Corporation (NASDAQ:SINA) has “Buy” rating given on Thursday, August 10 by Jefferies. The company was maintained on Wednesday, September 14 by Brean Capital. The firm has “Outperform” rating given on Monday, December 12 by CLSA. JP Morgan reinitiated the shares of SINA in report on Wednesday, August 31 with “Overweight” rating.

More notable recent SINA Corporation (NASDAQ:SINA) news were published by: Fool.com which released: “Why JD.com, Weibo, and Sina Popped on Friday – Motley Fool” on January 06, 2019, also Investorplace.com with their article: “Earnings Won’t Answer the Key Questions Facing Alibaba Stock – Investorplace.com” published on January 24, 2019, Nasdaq.com published: “Why SINA Corp. Stock Fell 10% Today – Nasdaq” on May 09, 2018. More interesting news about SINA Corporation (NASDAQ:SINA) were released by: Nasdaq.com and their article: “3 Chinese Growth Stocks Trading at Ridiculously Cheap Prices – Nasdaq” published on August 22, 2018 as well as Nasdaq.com‘s news article titled: “SINA Shares Strong Growth on Weibo Ad Gains – Nasdaq” with publication date: November 28, 2018.

Fosun International Ltd, which manages about $2.09B US Long portfolio, decreased its stake in Alphabet Inc by 4,205 shares to 2,195 shares, valued at $2.65M in 2018Q3, according to the filing. It also reduced its holding in Amneal Pharmaceuticals Inc by 741,350 shares in the quarter, leaving it with 19.55M shares, and cut its stake in Home Depot Inc (NYSE:HD).

Investors sentiment decreased to 1.02 in Q3 2018. Its down 0.15, from 1.17 in 2018Q2. It is negative, as 37 investors sold SINA shares while 45 reduced holdings. 21 funds opened positions while 63 raised stakes. 41.47 million shares or 4.55% less from 43.45 million shares in 2018Q2 were reported. The New York-based Tiaa Cref Lc has invested 0% in SINA Corporation (NASDAQ:SINA). Hbk Invs Lp has 1.38 million shares for 0.98% of their portfolio. Texas-based Teacher Retirement Systems Of Texas has invested 0.01% in SINA Corporation (NASDAQ:SINA). Deutsche National Bank Ag has invested 0.03% in SINA Corporation (NASDAQ:SINA). Aqr Cap Limited Co reported 199,152 shares. Baillie Gifford stated it has 0.01% in SINA Corporation (NASDAQ:SINA). Susquehanna Gp Llp invested in 3.03M shares or 0.07% of the stock. Css Ltd Liability Il has 0.73% invested in SINA Corporation (NASDAQ:SINA). Jane Street Gp Lc invested 0% of its portfolio in SINA Corporation (NASDAQ:SINA). Two Sigma Secs Limited Liability holds 6,590 shares or 0% of its portfolio. 46 are held by Carroll Fincl Assocs. First Tru Advisors Ltd Partnership holds 0% or 27,862 shares. Invesco has invested 0.01% in SINA Corporation (NASDAQ:SINA). Moore Cap Limited Partnership accumulated 175,000 shares. Sector Pension Investment Board has invested 0.22% in SINA Corporation (NASDAQ:SINA).

More notable recent SVB Financial Group (NASDAQ:SIVB) news were published by: Seekingalpha.com which released: “SVB Financial To Acquire Leerink Partners For Life Science Financial Services – Seeking Alpha” on November 16, 2018, also Fool.com with their article: “Here’s Why SVB Financial Group Is Soaring Today – The Motley Fool” published on April 27, 2018, Seekingalpha.com published: “SVB Financial -2.8% even after Q4 beat – Seeking Alpha” on January 24, 2019. More interesting news about SVB Financial Group (NASDAQ:SIVB) were released by: Nasdaq.com and their article: “Why SVB Financial Group Dropped 12% on Friday – Nasdaq” published on October 26, 2018 as well as Nasdaq.com‘s news article titled: “Loans, Fee Income to Aid SVB Financial’s (SIVB) Q4 Earnings – Nasdaq” with publication date: January 22, 2019.

Since September 10, 2018, it had 0 insider purchases, and 3 sales for $729,711 activity. Cox Philip C had sold 620 shares worth $148,153. $419,523 worth of SVB Financial Group (NASDAQ:SIVB) was sold by Descheneaux Michael on Thursday, November 1.

Washington Trust Company, which manages about $1.87 billion US Long portfolio, decreased its stake in B&G Foods Inc (NYSE:BGS) by 14,335 shares to 151,216 shares, valued at $4.15 million in 2018Q3, according to the filing. It also reduced its holding in State Street Corp (NYSE:STT) by 10,562 shares in the quarter, leaving it with 250,864 shares, and cut its stake in Alphabet Inc.

SVB Financial Group (NASDAQ:SIVB) Institutional Positions Chart

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