Yy Inc (NASDAQ:YY) Shareholder Zurcher Kantonalbank Zurich Cantonalbank Lowered Position by $11.58 Million

May 3, 2018 - By Carey Conley

In Yy Inc (NASDAQ:YY) was decreased the stake owned by Zurcher Kantonalbank Zurich Cantonalbank. The decrease is 40.71% according to 2018Q1 Securities and Exchange form. The company’s stock declined 9.91% with the market as Zurcher Kantonalbank Zurich Cantonalbank sold 110,282 shares. The edp services company at the end of 2018Q1 was valued at $16.90 million. It’s down from 270,924 at the end of the previous reported quarter. Now it had 160,642 shares held by the institutional investor . $5.96B is Yy Inc’s MC. YY is reaching $94.241 during the last trading session, after decreased 3.29%.Currently YY Inc. is uptrending after 125.46% change in last May 3, 2017. YY has also 871,441 shares volume. YY outperformed by 113.91% the S&P500.

According to a filing Zurcher Kantonalbank Zurich Cantonalbank upped its stake in Aflac Inc (NYSE:AFL) by 310,660 shares to 559,374 shares, valued at $24.48 million in 2018Q1. The fund manages about $11.01B US Long portfolio. Zurcher Kantonalbank Zurich Cantonalbank has risen its stake in Praxair Inc (NYSE:PX) and also increased its holding in Tjx Cos Inc New (NYSE:TJX) by 253,972 shares in the quarter, for a total of 385,533 shares.

YY Inc. (NASDAQ:YY) Ratings Coverage

In total 10 analysts cover YY Inc (NASDAQ:YY). “Buy” rating has 9, “Sell” are 0, while 1 are “Hold”. 90% are bullish. With $180.0 highest and $13500 lowest PT YY Inc has $149.67 average PT or 58.82% above the current ($94.241) price. 11 are the (NASDAQ:YY)’s analyst reports since November 15, 2017 according to StockzIntelligence Inc. On Tuesday, January 23 the stock of YY Inc. (NASDAQ:YY) earned “Buy” rating by Jefferies. On Thursday, November 16 JP Morgan upgraded YY Inc. (NASDAQ:YY) to “Overweight” rating. On Tuesday, March 6 CLSA downgraded the shares of YY in report to “Outperform” rating. On Wednesday, March 28 the stock of YY Inc. (NASDAQ:YY) has “Hold” rating given by Morgan Stanley. On Wednesday, November 15 the rating was upgraded by Jefferies to “Buy”. In Tuesday, January 2 report UBS initiated the stock with “Buy” rating. On Thursday, January 18 the company was upgraded by Instinet. On Thursday, November 16 J.P. Morgan upgraded the shares of YY in report to “Buy” rating. In Tuesday, February 20 report Citigroup initiated it with “Buy” rating and $150.0 target. On Wednesday, January 17 the stock of YY Inc. (NASDAQ:YY) earned “Buy” rating by Nomura.

YY Inc., through its subsidiaries, operates a live streaming platform in the PeopleÂ’s Republic of China.The firm is valued at $5.96 billion. It engages users to interact in live online group activities through voice, text, and video, as well as to create and organize groups of various sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting, and e-learning.14.43 is the P/E ratio. The companyÂ’s primary product is YY Client, which enables users to engage in live interactions online; and provides access to user-created online social activities groups.

YY Inc. (NASDAQ:YY) Analyst Ratings Chart

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