UBS Asset Management Americas Inc. now owns 182,998 shares of the Internet radio service's stock valued at $2,279,000 after buying an additional 29,098 shares in the last quarter. The hedge fund run by Reid Walker held 5.61M shares of the consumer services company at the end of 2017Q4, valued at $27.03M, up from 500,000 at the end of the previous reported quarter. Telemark Asset Management Llc who had been investing in Pandora Media Inc for a number of months, seems to be bullish on the $1.22B market cap company.
Shares of Pandora Media (NYSE:P) traded down 0.22% during mid-day trading on Tuesday, reaching $13.81. Wells Fargo reissued a hold rating and issued a $6.00 price objective on shares of Pandora Media in a research note on Thursday, February 22nd.
Pandora Media (NYSE:P) last released its quarterly earnings results on Tuesday, October 25th. It has underperformed by 66.83% the S&P500.
Clifton S. Robbins increased its stake in Open Text Corp (OTEX) by 7.74% based on its latest 2017Q4 regulatory filing with the SEC. Sabby Management Llc sold 51,148 shares as the company's stock rose 2.38% while stock markets declined. The institutional investor held 27,637 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $1.58M, up from 16,667 at the end of the previous reported quarter. Sabby Management Llc who had been investing in Bristol Myers Squibb Co for a number of months, seems to be less bullish one the $99.54B market cap company. The stock decreased 0.58% or $0.2 during the last trading session, reaching $34.16. The shares were sold at an average price of $5.07, for a total value of $51,384.45. Bristol-Myers Squibb Company (NYSE:BMY) has risen 11.37% since April 8, 2017 and is uptrending. It has underperformed by 11.17% the S&P500.
Gamco Investors INC. ET AL now owns 1,256,191 shares of the Internet radio service's stock valued at $6,055,000 after purchasing an additional 571,500 shares during the period. Its up 0.12, from 0.92 in 2017Q3. It is negative, as 31 investors sold PVH shares while 165 reduced holdings. 65 increased holdings while 44 funds amassed holdings. The Internet radio service reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.01. Price Michael F now owns 335,000 shares of the Internet radio service's stock valued at $1,615,000 after purchasing an additional 135,000 shares during the period. Raymond James Associate holds 0% in Pandora Media, Inc. (NYSE:P). Gagnon Secs Lc has 149,882 shs. Cambridge Advsrs has 0.02% invested in Pandora Media, Inc. Stifel Financial Corp invested in 0% or 30,268 shares. (NYSE:P). Creative Planning reported 26,637 shares. Amalgamated Bankshares reported 0.01% stake. Analysts expect that Pandora Media will post ($0.64) earnings per share for the current fiscal year. Manufacturers Life Insur Co The reported 0% in Pandora Media, Inc. Also, COO David Gerbitz sold 10,135 shares of the business's stock in a transaction dated Friday, February 16th.
Among 12 analysts covering OpenText Corporation (NASDAQ:OTEX), 10 have Buy rating, 1 Sell and 1 Hold. Therefore 72% are positive. Pandora Media had 150 analyst reports since July 24, 2015 according to SRatingsIntel.
Pandora Media (NYSE:P) last issued its earnings results on Wednesday, February 21st. The company now has an average rating of Hold and an average price target of $9.10. The firm has "Equal-Weight" rating by Morgan Stanley given on Tuesday, February 9. The company was maintained on Monday, October 17 by Credit Suisse. (NYSE:P) has "Hold" rating given by BMO Capital Markets. The firm has "Buy" rating given on Monday, June 26 by FBR Capital. The firm has "Market Perform" rating given on Friday, January 29 by William Blair. On Friday, November 3 the stock rating was downgraded by Stifel Nicolaus to "Hold".
P had 5 sales and 0 insider purchases since February 16, 2018. Phillips Christopher W sold $68,794 worth of stock or 13,582 shs. Pandora Media Inc has $1.22 billion MC. 31 are the (NYSE:P)'s ratings reports on 8 April 2018 according to StockzIntelligence Inc. (NYSE:P). 11,118 were reported by Bessemer Gru Inc. LMT's profit will be $971.80 million for 24.61 P/E if the $3.40 EPS becomes a reality. After $0.68 actual EPS reported by Bristol-Myers Squibb Company for the previous quarter, Wall Street now forecasts 26.47% EPS growth.
In total 22 analysts cover Pandora Media (NYSE:P). Therefore 57% are positive.
Pandora Media, Inc provides music discovery platform services in the United States and internationally. The stock has "Underweight" rating by Atlantic Securities on Friday, December 18. The rating was maintained by KeyBanc Capital Markets with "Sell" on Monday, June 12. Cowen & Co has "Hold" rating and $6500 target. Finally, Bank of America cut their price target on shares of Pandora Media from $7.00 to $5.60 and set an underperform rating for the company in a report on Thursday, February 22nd. On Wednesday, November 1 the stock rating was maintained by BMO Capital Markets with "Buy". On Tuesday, January 30 Ford Robert B sold $2.69 million worth of Abbott Laboratories (NYSE:ABT) or 42,665 shares. The rating was maintained by Citigroup on Tuesday, September 20 with "Buy". Goldman Sachs maintained it with "Neutral" rating and $92 target in Monday, March 28 report. Mai Mgmt has invested 0.1% in PVH Corp. Its down 0.09, from 1.03 in 2017Q3. Price Michael F raised its stake in shares of Pandora Media by 67.5% during the 4th quarter. Cohen Klingenstein Limited Liability Company holds 0.05% in Abbott Laboratories (NYSE:ABT) or 5,886 shares. Jana Ptnrs Llc reported 8.56M shares stake. Lee Danner And Bass Inc holds 59,249 shares. (NYSE:P). 1.09 million were accumulated by Gabelli Funds Ltd Liability Corp. Mairs Power Inc holds 0.24% or 332,592 shares. (NYSE:PVH). Texas Permanent School Fund holds 21,137 shares or 0.04% of its portfolio. 48,104 were reported by Cubist Systematic Strategies Ltd Llc. 100,930 are owned by Kentucky Retirement Systems. Hamel Assoc holds 0.6% or 22,375 shares. British Columbia Investment reported 969,308 shares. Junto Cap Mgmt LP invested in 37,000 shares or 0.39% of the stock. (NYSE:P). Boothbay Fund Ltd Com holds 12,040 shares or 0.01% of its portfolio.
Since December 12, 2017, it had 1 buying transaction, and 1 insider sale for $85,985 activity.