Ashfield Capital Partners LLC Increases Holdings in Netflix, Inc. (NFLX)

Postado Novembro 17, 2017

The NSE listed company saw a recent bid of 16.90 and 22194469 shares have traded hands in the session.

Hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC now owns 23,633,237 shares of the Internet television network's stock worth $3,531,042,000 after buying an additional 2,605,731 shares during the period. Janus Henderson Group PLC increased its position in Netflix by 3,478.1% during the 2nd quarter. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network's stock worth $2,208,891,000 after purchasing an additional 1,814,056 shares during the period. Capstone Asset Management Co. raised its position in Netflix by 1.4% in the second quarter. Gateway Investment Advisers LLC now owns 304,971 shares of the Internet television network's stock worth $27,899,000 after buying an additional 226,072 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its position in Netflix by 22,622.2% during the 2nd quarter.

Netflix, Inc is a provider an Internet television network. Appropriate Balance Financial Services Inc. now owns 5,121 shares of the Internet television network's stock worth $468,000 after buying an additional 244 shares during the last quarter.

Shares of Netflix, Inc. (NASDAQ NFLX) traded down $3.59 during midday trading on Thursday, hitting $192.12. The stock had a trading volume of 5,672,509 shares, compared to its average volume of 6,701,689. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47. The price/earnings ratio (P/E) is 194.45 and the forward P/E ratio stands at 85.12.

Netflix Inc. has a 12 month low of $79.95 and a 12 month high of $129.29.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Monday, October 16th. During the same quarter in the prior year, the firm earned $0.07 earnings per share.

Analysts' consensus recommendation is observed at 2.20. Netflix had a net margin of 1.99% and a return on equity of 6.31%. The company's revenue for the quarter was up 31.7% compared to the same quarter a year ago. NFLX's value Change from Open was at -1.24% with a Gap of -0.60%.

COPYRIGHT VIOLATION WARNING: This story was reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this story on another site, it was copied illegally and republished in violation of United States & worldwide copyright laws. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2017/11/16/american-century-companies-inc-purchases-302857-shares-of-netflix-inc-nflx.html. This analysis is based on historical data about the stock's monthly performance given the overall trends of the market and particular indicators within the market. Following the completion of the transaction, the director now owns 1,015 shares of the company's stock, valued at $203,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Theodore A. Sarandos sold 91,966 shares of the business's stock in a transaction that occurred on Tuesday, October 18th. The stock was sold at an average price of $165.72, for a total transaction of $331,440.00. Following the sale, the director now owns 1,015 shares of the company's stock, valued at approximately $203,000. The disclosure for this sale can be found here. Now we take an assessment of last twelve months period, where stock moved higher with performance of 69.13%.

NFLX has been the topic of several research reports. Finally, Vetr upgraded shares of Netflix from a "hold" rating to a "buy" rating and set a $210.19 price target on the stock in a research note on Thursday, October 19th.

Analysts are speculating a 37.58% move, based on the high target price ($53.78) for the shares that is set to reach in the next 12 months. Zacks Investment Research lowered shares of Netflix from a "buy" rating to a "hold" rating in a research note on Wednesday. KeyCorp restated a "buy" rating and set a $190.00 price objective on shares of Netflix in a research report on Friday, August 25th. (NASDAQ:NFLX), we note that the average target price is presently $205.81. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and thirty-two have assigned a buy rating to the stock.