As Genworth Financial Cl A Ord (GNW) Market Value Declined, Holder Litespeed Management Has Upped Stake; Mercadolibre (MELI) Stake Has Boosted by Majedie Asset Management Ltd

February 15, 2018 - By Henry Gaston

Majedie Asset Management Ltd increased its stake in Mercadolibre Inc (MELI) by 33.14% based on its latest 2017Q3 regulatory filing with the SEC. Majedie Asset Management Ltd bought 2,300 shares as the company’s stock rose 37.36% with the market. The institutional investor held 9,241 shares of the miscellaneous company at the end of 2017Q3, valued at $2.39M, up from 6,941 at the end of the previous reported quarter. Majedie Asset Management Ltd who had been investing in Mercadolibre Inc for a number of months, seems to be bullish on the $16.74B market cap company. The stock increased 0.88% or $3.29 during the last trading session, reaching $379. About 291,146 shares traded. Mercadolibre, Inc. (NASDAQ:MELI) has risen 106.82% since February 15, 2017 and is uptrending. It has outperformed by 90.12% the S&P500.

Jamie Zimmerman increased its stake in Genworth Financial Cl A Ord (GNW) by 18.04% based on its latest 2017Q3 regulatory filing with the SEC. Litespeed Management Llc bought 525,000 shares as the company’s stock declined 8.54% while stock markets rallied. The hedge fund run by Jamie Zimmerman held 3.44 million shares of the life insurance company at the end of 2017Q3, valued at $13.23 million, up from 2.91 million at the end of the previous reported quarter. Litespeed Management Llc who had been investing in Genworth Financial Cl A Ord for a number of months, seems to be bullish on the $1.44 billion market cap company. The stock increased 0.70% or $0.02 during the last trading session, reaching $2.89. About 2.32 million shares traded. Genworth Financial, Inc. (NYSE:GNW) has risen 3.41% since February 15, 2017 and is uptrending. It has underperformed by 13.29% the S&P500.

Among 8 analysts covering Genworth Financial (NYSE:GNW), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Genworth Financial had 22 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Wednesday, November 4 by UBS. The stock of Genworth Financial, Inc. (NYSE:GNW) has “Neutral” rating given on Tuesday, November 17 by Goldman Sachs. The stock has “Neutral” rating by BTIG Research on Wednesday, October 5. The stock of Genworth Financial, Inc. (NYSE:GNW) earned “Buy” rating by Compass Point on Monday, August 10. The company was maintained on Tuesday, September 8 by UBS. The firm earned “” rating on Wednesday, September 2 by Wood. The stock has “Neutral” rating by Macquarie Research on Thursday, September 17. The stock has “Hold” rating by Wells Fargo on Tuesday, August 1. The stock of Genworth Financial, Inc. (NYSE:GNW) earned “Buy” rating by Compass Point on Monday, February 8. The rating was upgraded by Compass Point on Friday, November 11 to “Buy”.

Investors sentiment increased to 1.28 in Q3 2017. Its up 0.13, from 1.15 in 2017Q2. It improved, as 17 investors sold GNW shares while 77 reduced holdings. 44 funds opened positions while 76 raised stakes. 315.12 million shares or 4.07% less from 328.49 million shares in 2017Q2 were reported. California State Teachers Retirement has 855,354 shares. Commercial Bank Of Montreal Can invested in 0% or 30,173 shares. Oakbrook Lc has invested 0% in Genworth Financial, Inc. (NYSE:GNW). Strs Ohio reported 0% of its portfolio in Genworth Financial, Inc. (NYSE:GNW). Taconic Cap Advsrs Ltd Partnership has invested 3.22% in Genworth Financial, Inc. (NYSE:GNW). Wetherby Asset Management Incorporated holds 10,138 shares or 0.01% of its portfolio. Invesco owns 0% invested in Genworth Financial, Inc. (NYSE:GNW) for 1.46 million shares. Fuller And Thaler Asset holds 150 shares or 0% of its portfolio. Legal And General Grp Plc invested in 2.41M shares. Advisory Ser Ntwk Lc reported 0% of its portfolio in Genworth Financial, Inc. (NYSE:GNW). Virtu Financial Ltd Liability Com invested 0% in Genworth Financial, Inc. (NYSE:GNW). Nordea Inv Ab holds 624,000 shares or 0.01% of its portfolio. Nj State Employees Deferred Compensation Plan holds 0.14% or 200,000 shares in its portfolio. State Of New Jersey Common Pension Fund D invested 0.07% in Genworth Financial, Inc. (NYSE:GNW). Morgan Stanley has invested 0% in Genworth Financial, Inc. (NYSE:GNW).

Investors sentiment decreased to 1.16 in 2017 Q3. Its down 0.21, from 1.37 in 2017Q2. It worsened, as 42 investors sold MELI shares while 92 reduced holdings. 46 funds opened positions while 109 raised stakes. 35.73 million shares or 0.12% less from 35.78 million shares in 2017Q2 were reported. Bender Robert And Assocs has 3.37% invested in Mercadolibre, Inc. (NASDAQ:MELI). Quantitative Invest Management Limited Liability holds 3,400 shares or 0.01% of its portfolio. Agf Invests owns 50 shares. Schroder Inv Management Grp invested in 0.01% or 13,556 shares. Neuberger Berman Grp Incorporated Llc has invested 0.03% of its portfolio in Mercadolibre, Inc. (NASDAQ:MELI). Asset One owns 84,263 shares or 0.05% of their US portfolio. Wellington Mngmt Grp Inc Llp holds 53,453 shares. 12,008 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). Pacad Invest Ltd, British Columbia – Canada-based fund reported 7,200 shares. Glob X Mngmt Lc has 0.91% invested in Mercadolibre, Inc. (NASDAQ:MELI) for 129,565 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 800 shares. Northern Corp stated it has 135,614 shares. State Street owns 367,578 shares. Sei Invs holds 55,171 shares or 0.05% of its portfolio. Qs Ltd holds 3 shares or 0% of its portfolio.

Among 15 analysts covering MercadoLibre (NASDAQ:MELI), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. MercadoLibre had 37 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with “Neutral” on Monday, May 16. The stock of Mercadolibre, Inc. (NASDAQ:MELI) earned “Buy” rating by Stifel Nicolaus on Friday, August 25. The stock of Mercadolibre, Inc. (NASDAQ:MELI) has “Market Perform” rating given on Monday, April 25 by Cowen & Co. Stifel Nicolaus maintained it with “Hold” rating and $27500 target in Friday, August 4 report. Barclays Capital maintained the shares of MELI in report on Monday, October 30 with “Overweight” rating. The firm has “Hold” rating given on Wednesday, March 2 by HSBC. The rating was maintained by Barclays Capital on Wednesday, July 19 with “Overweight”. The firm earned “Buy” rating on Monday, January 30 by Bank of America. The rating was maintained by Stifel Nicolaus on Thursday, October 6 with “Hold”. As per Monday, June 19, the company rating was upgraded by Citigroup.

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