SEC Reporting: Tencent Holdings Ltd Just Disclosed New Activision Blizzard, Inc Position

SEC Reporting: Tencent Holdings Ltd Just Disclosed New Activision Blizzard, Inc Position

The New Tencent Holdings Ltd Holding in Activision Blizzard, Inc

Tencent Holdings Ltd filed with the SEC SC 13G/A form for Activision Blizzard, Inc. The form can be accessed here: 000155278116002111. As reported in Tencent Holdings Ltd’s form, the filler as of late owns 4.99% or 37,084,743 shares of the Information Technology–company.

Activision Blizzard, Inc stake is a new one for the and it was filed because of activity on November 4, 2016. We feel this shows Tencent Holdings Ltd’s positive view for the stock.

Activision Blizzard, Inc Institutional Sentiment

Latest Security and Exchange filings show 484 investors own Activision Blizzard, Inc. The institutional ownership in Q3 2015 is very high, at 69.94% of the outstanding shares. This is increased by 35613126 the total institutional shares. 519775026 were the shares owned by these institutional investors. In total 112 funds opened new Activision Blizzard, Inc stakes, 172 increased stakes. There were 59 that closed positions and 143 reduced them.

10 managers had the stock in their top Ten. Notable investors are: Coatue Management Llc, Dsam Partners (London) Ltd, Jericho Capital Asset Management L.P., Conatus Capital Management Lp, Jag Capital Management Llc, Oz Management Lp, New Century Investment Management Inc, Jefferies Group Llc, Scopus Asset Management L.P., Shannon River Fund Management Llc..

Kornitzer Capital Management Inc is an institutional investor bullish on Activision Blizzard, Inc, owning 15650 shares as of Q3 2015 for 0.01% of its portfolio. James Investment Research Inc owns 2365 shares or less than 0.01% of its portfolio. TX American National Registered Investment Advisor Inc have 0.53% of their stock portfolio for 32639 shares. Further, Calvert Investment Management Inc reported stake worth 0.03% of its US stock portfolio. The TX American National Insurance Company owns 203293 shares. Activision Blizzard, Inc is 0.40% of the manager’s US portfolio.

Business Profile

Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. The Company operates through Activision Publishing, Inc. (Activision) and its subsidiaries, Blizzard Entertainment, Inc. (Blizzard) and its subsidiaries, and Other segments. The Company also develops products spanning other genres, including first-person action, action/adventure, role-playing, simulation and strategy. It distributes interactive entertainment hardware and software products in Europe through its European distribution subsidiaries: Centresoft in the United Kingdom and NBG in Germany. It offers games that operate on the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox 360 (Xbox 360), Nintendo Co. Ltd. (Nintendo) Wii U (Wii U) and Wii (Wii), and Sony Computer Entertainment Inc. (Sony) PlayStation 4 (PS4) and PlayStation 3 (PS3) console systems.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment increased to 1.39 in 2016 Q2. Its up 0.01, from 1.38 in 2016Q1. The ratio increased, as 39 funds sold all Activision Blizzard, Inc. shares owned while 173 reduced positions. 84 funds bought stakes while 208 increased positions. They now own 598.35 million shares or 17.54% more from 509.05 million shares in 2016Q1.

Natl Pension Ser owns 405,632 shares or 0.14% of their US portfolio. Barclays Public Ltd holds 814,926 shares or 0.04% of its portfolio. Northern Trust holds 0.13% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI) for 10.09 million shares. Pictet Asset Mgmt has 525,291 shares for 0.08% of their US portfolio. Regentatlantic Limited Com accumulated 0.03% or 8,767 shares. Neuberger Berman Group Ltd Limited Liability Company has 8.41 million shares for 0.46% of their US portfolio. The New York-based Tower Rech Ltd Liability Corp (Trc) has invested 0.03% in Activision Blizzard, Inc. (NASDAQ:ATVI). Robeco Institutional Asset Bv reported 472,526 shares or 0.14% of all its holdings. Walleye Trading Ltd Liability holds 3,048 shares or 0% of its portfolio. Arrow Cap Mgmt Lc holds 60,000 shares or 3.87% of its portfolio. Canada Pension Plan Board has invested 0.04% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). Goldman Sachs Grp Inc accumulated 2.85M shares or 0.04% of the stock. Amp Investors accumulated 489,496 shares or 0.12% of the stock. Wealth Enhancement Advisory Ser Limited Liability Corporation has invested 0.24% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). Moore Capital Management Limited Partnership holds 1.56% or 1.00M shares in its portfolio.

Insider Transactions: Since June 13, 2016, the stock had 1 buying transaction, and 11 selling transactions for $929.08 million net activity. ZACCONI RICCARDO sold $803,380 worth of Activision Blizzard, Inc. (NASDAQ:ATVI) on Monday, August 8. $3.28M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) shares were sold by Tippl Thomas. 1.15M shares with value of $43.88 million were sold by Morhaime Michael on Monday, June 13. 45,574 shares with value of $1.95 million were sold by Walther Christopher B on Friday, September 2. NOLAN PETER J bought $795,842 worth of stock or 20,000 shares. $4.96 million worth of Activision Blizzard, Inc. (NASDAQ:ATVI) was sold by Durkin Dennis M. $347.24M worth of Activision Blizzard, Inc. (NASDAQ:ATVI) shares were sold by KOTICK ROBERT A.

Analysts await Activision Blizzard, Inc. (NASDAQ:ATVI) to report earnings on February, 9. They expect $0.75 EPS, down 7.41% or $0.06 from last year’s $0.81 per share. ATVI’s profit will be $539.63M for 12.41 P/E if the $0.75 EPS becomes a reality. After $0.46 actual EPS reported by Activision Blizzard, Inc. for the previous quarter, Wall Street now forecasts 63.04% EPS growth.

About 11.78 million shares traded hands or 16.06% up from the average. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 5.63% since April 21, 2016 and is uptrending. It has outperformed by 0.30% the S&P500.

Activision Blizzard, Inc. is a developer and publisher of online, personal computer , video game console, handheld, mobile and tablet games. The company has a market cap of $26.78 billion. The Firm operates through Activision Publishing, Inc. (Activision) and its subsidiaries, Blizzard Entertainment, Inc. (Blizzard) and its subsidiaries, and Other divisions. It has a 32.37 P/E ratio. The Firm also develops products spanning other genres, including first-person action, action/adventure, role-playing, simulation and strategy.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Coverage

Out of 22 analysts covering Activision Blizzard (NASDAQ:ATVI), 19 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 86% are positive. $56 is the highest target while $29.51 is the lowest. The $42.21 average target is 13.41% above today’s ($37.22) stock price. Activision Blizzard has been the topic of 63 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Friday, August 5 by Jefferies. UBS maintained Activision Blizzard, Inc. (NASDAQ:ATVI) rating on Wednesday, November 4. UBS has “Buy” rating and $40 price target. The stock has “Buy” rating given by UBS on Friday, August 5. The company was maintained on Monday, July 27 by M Partners. On Friday, August 5 the stock rating was maintained by Mizuho with “Buy”. The rating was downgraded by M Partners to “Neutral” on Thursday, July 28. The rating was maintained by Benchmark with “Buy” on Friday, May 6. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Overweight” rating by Piper Jaffray on Monday, September 28. The rating was maintained by Mizuho with “Buy” on Friday, February 12. The company was maintained on Friday, February 12 by Barclays Capital.

More notable recent Activision Blizzard, Inc. (NASDAQ:ATVI) news were published by: Schaeffersresearch.com which released: “Analyst Update: Activision Blizzard, Inc., NVIDIA Corporation, and SINA Corp” on November 22, 2016, also Wsj.com with their article: “Activision Blizzard Earnings Preview: What to Watch” published on November 01, 2016, Fool.com published: “Activision Blizzard, Inc. Setting Up for Another Strong Quarter” on October 28, 2016. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) were released by: Wsj.com and their article: “Activision Blizzard Plans E-Sports League That Looks More Like NFL” published on November 04, 2016 as well as Profitconfidential.com‘s news article titled: “Activision Blizzard, Inc.: Ominous Implications for ATVI Stock?” with publication date: November 09, 2016.

According to Zacks Investment Research, “ACTIVISION BLIZZARD, INC. is a worldwide pure-play online and console game publisher with leading market positions across all categories of the rapidly growing interactive entertainment software industry. Activision Blizzard’s portfolio includes best-selling video games such as Guitar Hero, Call of Duty, and Tony Hawk, as well as Spider-Man, X-Men, Shrek, James Bond and TRANSFORMERS, leading franchises such as Crash Bandicoot and Spyro and Blizzard Entertainment’s StarCraft, Diablo, and Warcraft franchises including the global number one subscription-based massively multi-player online role-playing game, World of Warcraft. Activision Blizzard maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Romania, Australia, Chile, India, Japan, China, the region of Taiwan and South Korea.”

ATVI Company Profile

Activision Blizzard, Inc., incorporated on February 17, 2000, is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. The Firm operates through Activision Publishing, Inc. (Activision) and its subsidiaries, Blizzard Entertainment, Inc. (Blizzard) and its subsidiaries, and Other divisions. The Firm also develops products spanning other genres, including first-person action, action/adventure, role-playing, simulation and strategy. It provides various forms of product support to both its internally and externally developed content. It distributes interactive entertainment hardware and software products in Europe through its European distribution subsidiaries: Centresoft in the United Kingdom and NBG in Germany.

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