World Wrestling Entertainment (NYSE:WWE).
Eagle Boston Investment Management Inc bought 15,335 shares in the previous quarter increasing its holdings in World Wrestling Entertainment by 3.4%. Its position was valued at $11,193,000 an increase of $1,049,000 as of the end of the quarter.
Several firms have updated their holdings. As of the end of the quarter Ubs Asset Management Americas Inc had disposed of a total of 9,821 shares trimming its position 95.3%. The value in dollars decreased from $209,811,000 to $11,280,000 decreasing 94.6% quarter to quarter. As of quarter end Sirios Capital Management L P had bought 306,719 shares growing its holdings by 104.7%. The value of the investment in (WWE) went from $5,968,000 to $14,124,000 a change of 136.7% quarter over quarter.
Pinnacle Associates Ltd downsized its ownership by selling 39,200 shares a decrease of 2.8% as of 09/30/2017. Pinnacle Associates Ltd controls 1,363,755 shares with a value of $32,116,000. The total value of its holdings increased 12.4%.
Benchmark raised the price target of the stock on October 31 changing the price objective from $25.00 to $28.00 with a rating of “Buy”.
On October 17, 2017 KeyCorp reiterated a “Hold” rating on the stock. On September 26 Needham & Company LLC made no change to the stock rating of “Buy” targeting a price of $25.00.
July 30 investment analysts at Benchmark left the stock rating at “Buy” with a current price target of $25.00.
The company is now down from yesterday’s close of 27.46. The company’s P/E ratio is 59.89 and market capitalization is 2.11B. In the last earnings report the EPS was $0.46 with 39.15M shares outstanding.
Investors are a little more bullish lately as implied by the motion in short interest. The firm recorded a fall in short interest between September 29, 2017 and October 13, 2017 of -5.26%. Short shares fell from 5,379,910 to 5,096,699 over that timeframe. Days to cover decreased -5.0 to 10.0 and the percentage of shorted shares was 0.13% on October 13.