The Manufacturers Life Insurance Coverage Business Has $169.84 Million Stock Position in Netflix, Inc. (NASDAQ: NFLX)

The Manufacturers Life Insurance coverage Business reduced its position in shares of Netflix, Inc. ( NASDAQ: NFLX The Manufacturers Life Insurance coverage Business reduced its position in shares of Netflix, Inc. ( NASDAQ: NFLX Free Report) by 8.2% in the 2nd quarter, according to the business in its newest 13F filing with the Securities & & Exchange Commission. The fund owned 385,591 shares of the Web tv network’s stock after offering 34,332 shares throughout the quarter. The Manufacturers Life Insurance Coverage Business owned 0.09% of Netflix worth $169,838,000 at the end of the most current reporting duration.

A variety of other big financiers have actually likewise just recently purchased and offered shares of the business. BlackRock Inc. increased its position in Netflix by 3.4% throughout the first quarter. BlackRock Inc. now owns 28,671,174 shares of the Web tv network’s stock worth $9,905,317,000 after getting an extra 938,849 shares throughout the last quarter. FMR LLC increased its holdings in shares of Netflix by 0.4% in the first quarter. FMR LLC now owns 23,564,250 shares of the Web tv network’s stock valued at $8,140,977,000 after purchasing an extra 92,075 shares throughout the last quarter. State Street Corp increased its holdings in shares of Netflix by 0.4% in the first quarter. State Street Corp now owns 16,195,490 shares of the Web tv network’s stock valued at $5,595,196,000 after purchasing an extra 62,507 shares throughout the last quarter. Bank Julius Baer & & Co. Ltd Zurich increased its holdings in shares of Netflix by 305,647.4% in the second quarter. Bank Julius Baer & & Co. Ltd Zurich now owns 15,168,128 shares of the Web tv network’s stock valued at $6,681,409,000 after purchasing an extra 15,163,167 shares throughout the last quarter. Lastly, Capital World Investors increased its holdings in shares of Netflix by 2.5% in the second quarter. Capital World Investors now owns 11,431,257 shares of the Web tv network’s stock valued at $5,035,234,000 after purchasing an extra 274,584 shares throughout the last quarter. Institutional financiers and hedge funds own 79.95% of the business’s stock.

Expert Trading at Netflix

In other Netflix news, Chairman Reed Hastings offered 17,969 shares of the business’s stock in a deal on Friday, September 1st. The stock was cost a typical cost of $440.60, for an overall worth of $7,917,141.40. The sale was revealed in a filing with the Securities & & Exchange Commission, which is offered at the SEC site In other news, Director Richard N. Barton offered 500 shares of the business’s stock in a deal on Wednesday, November 8th. The stock was cost a typical cost of $435.00, for an overall deal of $217,500.00. Following the deal, the director now owns 152 shares of the business’s stock, valued at roughly $66,120. The sale was revealed in a legal filing with the Securities & & Exchange Commission, which can be accessed through this link Likewise, Chairman Reed Hastings offered 17,969 shares of the business’s stock in a deal on Friday, September 1st. The shares were cost a typical cost of $440.60, for an overall worth of $7,917,141.40. The disclosure for this sale can be discovered here Experts offered 134,563 shares of business stock worth $57,388,283 in the last quarter. 2.45% of the stock is presently owned by business experts.

Netflix Trading Up 0.3 %

Desired More Fantastic Investing Concepts?

Shares of Netflix stock opened at $479.56 on Friday. The stock has a fifty day easy moving average of $408.52 and a 200 day easy moving average of $413.52. Netflix, Inc. has a 12-month low of $273.41 and a 12-month high of $485.00. The business has a market capitalization of $209.89 billion, a P/E ratio of 47.86, a price-to-earnings-growth ratio of 1.86 and a beta of 1.24. The business has an existing ratio of 1.29, a fast ratio of 1.29 and a debt-to-equity ratio of 0.63.

Netflix ( NASDAQ: NFLX Secure Free Report) last revealed its quarterly revenues outcomes on Wednesday, October 18th. The Web tv network reported $3.73 revenues per share (EPS) for the quarter, topping the agreement quote of $3.49 by $0.24. Netflix had a return on equity of 20.68% and a net margin of 13.82%. Business had income of $8.54 billion throughout the quarter, compared to the agreement quote of $8.54 billion. Throughout the very same quarter in the previous year, the business published $3.10 revenues per share. Netflix’s income was up 7.8% compared to the very same quarter in 2015. Typically, sell-side experts expect that Netflix, Inc. will publish 12.09 revenues per share for the existing .

Expert Rankings Modifications

A number of equities research study experts have actually just recently discussed the business. Morgan Stanley raised Netflix from an “equivalent weight” ranking to an “obese” ranking and increased their cost goal for the business from $430.00 to $475.00 in a report on Thursday, October 19th. Needham & & Business LLC declared a “hold” ranking on shares of Netflix in a report on Monday, October 9th. Seaport Res Ptn declared a “purchase” ranking on shares of Netflix in a report on Friday, October sixth. KeyCorp raised Netflix from a “sector weight” ranking to an “obese” ranking and set a $510.00 cost target for the business in a report on Thursday, October 19th. Lastly, StockNews.com raised Netflix from a “hold” ranking to a “purchase” ranking in a report on Thursday, October 19th. 2 equities research study experts have actually ranked the stock with a sell ranking, 10 have actually released a hold ranking and twenty-five have actually designated a buy ranking to the business. According to information from MarketBeat.com, Netflix currently has a typical ranking of “Moderate Buy” and an agreement cost target of $441.20.

View Our Most Current Stock Report on Netflix

Netflix Profile

( Free Report)

Netflix, Inc offers home entertainment services. It provides television series, documentaries, function movies, and mobile video games throughout different categories and languages. The business offers members the capability to get streaming material through a host of internet-connected gadgets, consisting of Televisions, digital video gamers, tv set-top boxes, and mobile phones.

Included Stories

Wish to see what other hedge funds are holding NFLX? Check Out HoldingsChannel.com to get the most recent 13F filings and expert trades for Netflix, Inc. ( NASDAQ: NFLX Free Report).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & & Rankings for Netflix Daily – Enter your e-mail address listed below to get a succinct day-to-day summary of the most recent news and experts’ scores for Netflix and associated business with MarketBeat.com’s FREE day-to-day e-mail newsletter

Like this post? Please share to your friends:
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: