Yy INC (YY) Shares Declined While All-Stars Investment LTD Decreased Its Stake by $24.00 Million

June 29, 2018 - By Norman Soto

The holdings In Yy Inc (YY) was decreased owned by All-Stars Investment Ltd. According to 2018Q1 SEC filling the decrease is 43.86%. The company’s stock declined 22.12% with the market as All-Stars Investment Ltd sold 250,000 shares. The edp services company at the end of 2018Q1 was valued at $30.85 million. It’s down from 570,000 at the end of the previous reported quarter. Now it had 320,000 shares held by the institutional investor . All-Stars Investment Ltd has risen its stake in and also increased its holding in Baidu Inc (NASDAQ:BIDU) by 41,400 shares in the quarter, for a total of 70,777 shares.

For more YY Inc. (NASDAQ:YY) news announced briefly go to: Nasdaq.com, Seekingalpha.com, Seekingalpha.com, Fool.com or Seekingalpha.com. The titles are as follows: “Why Shares of YY Inc. Dropped Today” announced on June 06, 2018, “YY: Why Is It So Cheap?” on June 20, 2018, “YY: The Growth Story Continues – Price Target Set At $200 A Share” with a publish date: June 14, 2018, “Why Ambarella, YY, and Brown-Forman Slumped Today” and the last “YY Inc. (YY) CEO David Xueling Li on Q1 2018 Results – Earnings Call Transcript” with publication date: June 06, 2018.

YY Inc. (NASDAQ:YY) Ratings Coverage

In total 9 analysts cover YY Inc (NASDAQ:YY). “Buy” rating has 8, “Sell” are 0, while 1 are “Hold”. 89% are bullish. 11 are the (NASDAQ:YY)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Tuesday, February 20 the rating was initiated by Citigroup with “Buy”. On Thursday, June 7 the stock of YY Inc. (NASDAQ:YY) earned “Overweight” rating by JP Morgan. On Tuesday, March 6 CLSA downgraded the shares of YY in report to “Outperform” rating. On Wednesday, January 17 the firm earned “Buy” rating by Nomura. In Thursday, June 7 report Nomura maintained the stock with “Buy” rating. On Tuesday, January 2 the firm has “Buy” rating by UBS given. On Thursday, January 18 the firm has “Buy” rating by Instinet given. On Friday, June 8 the rating was maintained by UBS with “Buy”. On Wednesday, March 28 the firm has “Hold” rating given by Morgan Stanley. On Tuesday, January 23 the rating was maintained by Jefferies with “Buy”.

YY Inc. (NASDAQ:YY) Analyst Ratings Chart

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