Altaba (AABA) Cut to “Hold” at BidaskClub

Share on StockTwits

BidaskClub downgraded shares of Altaba (NASDAQ:AABA) from a buy rating to a hold rating in a report released on Tuesday morning.

Shares of AABA opened at $73.64 on Tuesday. Altaba has a 12-month low of $54.75 and a 12-month high of $82.45.

Several institutional investors and hedge funds have recently made changes to their positions in AABA. MSD Partners L.P. increased its position in shares of Altaba by 4.7% in the fourth quarter. MSD Partners L.P. now owns 1,963,741 shares of the company’s stock worth $113,779,000 after acquiring an additional 87,379 shares in the last quarter. Norges Bank purchased a new position in shares of Altaba in the fourth quarter worth approximately $255,165,000. Actinver Wealth Management Inc. purchased a new position in shares of Altaba in the fourth quarter worth approximately $484,000. Foster Victor Wealth Advisors LLC purchased a new position in shares of Altaba in the fourth quarter worth approximately $447,000. Finally, FMR LLC increased its position in shares of Altaba by 34.7% in the fourth quarter. FMR LLC now owns 2,531,212 shares of the company’s stock worth $146,658,000 after acquiring an additional 652,283 shares in the last quarter. 70.24% of the stock is currently owned by institutional investors.

About Altaba

Altaba Inc operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc and changed its name to Altaba Inc in June 2017. Altaba Inc was founded in 1994 and is based in New York, New York.

Featured Story: Trading Ex-Dividend

Receive News & Ratings for Altaba Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altaba and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

598,982 Shares in Diplomat Pharmacy Inc  Acquired by Advisory Services Network LLC
598,982 Shares in Diplomat Pharmacy Inc Acquired by Advisory Services Network LLC
Advisory Services Network LLC Purchases 3,521 Shares of Vanguard Value ETF
Advisory Services Network LLC Purchases 3,521 Shares of Vanguard Value ETF
Invesco Fundamental High Yield Corporate Bond ETF  Shares Bought by Advisor Group Inc.
Invesco Fundamental High Yield Corporate Bond ETF Shares Bought by Advisor Group Inc.
Advisory Services Network LLC Has $4.31 Million Position in VANGUARD SCOTTS/VANGUARD SHORT-TERM
Advisory Services Network LLC Has $4.31 Million Position in VANGUARD SCOTTS/VANGUARD SHORT-TERM
Bank Ozk  Stake Increased by Advisor Group Inc.
Bank Ozk Stake Increased by Advisor Group Inc.
Advisor Group Inc. Acquires 355 Shares of National Health Investors Inc
Advisor Group Inc. Acquires 355 Shares of National Health Investors Inc


© 2006-2019 Ticker Report