Hutchinson Capital Management increased its stake in Now Inc Com (DNOW) by 19.29% based on its latest 2017Q3 regulatory filing with the SEC. Hutchinson Capital Management bought 105,703 shares as the company’s stock declined 12.97% while stock markets rallied. The institutional investor held 653,570 shares of the metal fabrications company at the end of 2017Q3, valued at $9.03M, up from 547,867 at the end of the previous reported quarter. Hutchinson Capital Management who had been investing in Now Inc Com for a number of months, seems to be bullish on the $1.39 billion market cap company. The stock increased 4.21% or $0.52 during the last trading session, reaching $12.88. About 1.48M shares traded or 5.22% up from the average. NOW Inc. (NYSE:DNOW) has risen 9.86% since January 13, 2017 and is uptrending. It has underperformed by 6.84% the S&P500.
Newport Asia Llc increased its stake in Alibaba Group Holding (BABA) by 1.37% based on its latest 2017Q3 regulatory filing with the SEC. Newport Asia Llc bought 15,500 shares as the company’s stock rose 22.58% with the market. The institutional investor held 1.14 million shares of the business services company at the end of 2017Q3, valued at $197.55 million, up from 1.13M at the end of the previous reported quarter. Newport Asia Llc who had been investing in Alibaba Group Holding for a number of months, seems to be bullish on the $481.84 billion market cap company. The stock decreased 0.51% or $0.96 during the last trading session, reaching $187.79. About 11.79 million shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 13, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.
Investors sentiment increased to 1.22 in 2017 Q3. Its up 0.09, from 1.13 in 2017Q2. It is positive, as 35 investors sold DNOW shares while 62 reduced holdings. 31 funds opened positions while 87 raised stakes. 109.72 million shares or 3.22% more from 106.30 million shares in 2017Q2 were reported. Marathon Asset Mngmt Limited Liability Partnership has invested 0.15% in NOW Inc. (NYSE:DNOW). Baillie Gifford & reported 13.06M shares. 20 were reported by Rocky Mountain Advisers Ltd. First Manhattan Com invested in 0% or 8,782 shares. Louisiana State Employees Retirement Systems holds 0.02% or 28,700 shares in its portfolio. Glenmede Trust Na invested 0% of its portfolio in NOW Inc. (NYSE:DNOW). Art Advsrs Ltd reported 137,900 shares stake. Ameritas Invest Partners Inc invested in 40,925 shares. Etrade Cap Lc owns 11,918 shares for 0.01% of their portfolio. Cushing Asset Mgmt Lp reported 10,000 shares stake. Aperio Gp Limited Liability holds 38,555 shares. Fil Ltd reported 2.59M shares. Kentucky-based Teachers Retirement Sys Of The State Of Kentucky has invested 0% in NOW Inc. (NYSE:DNOW). Price T Rowe Associates Inc Md reported 58,879 shares or 0% of all its holdings. Massachusetts Service Ma stated it has 3.70 million shares.
Among 11 analysts covering Now Inc (NYSE:DNOW), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Now Inc had 33 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Cowen & Co given on Friday, September 16. On Sunday, December 10 the stock rating was maintained by Stifel Nicolaus with “Buy”. As per Monday, May 29, the company rating was maintained by KeyCorp. The company was maintained on Monday, October 9 by Robert W. Baird. Susquehanna upgraded NOW Inc. (NYSE:DNOW) on Tuesday, January 10 to “Positive” rating. On Wednesday, February 24 the stock rating was maintained by JP Morgan with “Neutral”. On Sunday, October 15 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was downgraded by Stephens to “Equal Weight” on Thursday, August 6. Credit Suisse initiated it with “Neutral” rating and $20 target in Tuesday, September 15 report. The stock of NOW Inc. (NYSE:DNOW) has “Buy” rating given on Thursday, May 4 by Seaport Global.
Newport Asia Llc, which manages about $2.47B and $674.45 million US Long portfolio, decreased its stake in Netease Inc (NASDAQ:NTES) by 9,200 shares to 194,500 shares, valued at $51.31 million in 2017Q3, according to the filing.