The most recent report Barclays PLC provided to the Securities and Exchange Commission indicates that the company’s holdings in Activision Blizzard, Inc. (NASDAQ: ATVI) increased by 34.1% during the third quarter. The institutional investor now has a total of 3,426,173 shares of ownership in the company after purchasing an additional 871,950 shares during the quarter for a total of 3,426,173. At the end of the most recent reporting period, Barclays PLC had a holding in Activision Blizzard that was estimated to be worth approximately 254,704,000 dollars. This represents an ownership percentage of 0.44%.
Several other institutional investors and hedge funds have adjusted the amount of ATVI stock they own throughout the past few months. During the second quarter, ACG Wealth acquired a new interest in Activision Blizzard that was estimated to be worth approximately $25,000 at the time of the acquisition. Joseph P. Lucia & Associates LLC paid a total of $25,000 to acquire shares of Activision Blizzard during the second quarter of this year. In the second quarter, Orion Capital Management LLC made a 75.7% increase in the amount of Activision Blizzard stock that it owned, making it the company’s largest single-stock holding. Orion Capital Management LLC now has a total of 355 shares, which are currently valued at $28,000, after purchasing an additional 153 shares during the most recent quarter. During the third quarter, Householder Group Estate & Retirement Specialist LLC incurred approximately $33,000 to purchase Activision Blizzard’s newly acquired stake.
Last but not least, during the third quarter of 2018, the amount of money that Activist Wealth Management had invested in Activision Blizzard increased by 203.9%. After purchasing an additional 316 shares during the most recent quarter of the fiscal year, Activist Wealth Management now owns a total of 471 shares of the company’s stock, which has a value of $35,000. This brings the firm’s total number of shares to 471; the value of these shares is various hedge funds, and other types of institutional investors own $35,000A total of 79.34% of the stock.
Research and analyst studies on various topics have been compiled about ATVI. The price target that Deutsche Bank Aktiengesellschaft has set for Activision Blizzard has decreased from $80.00 to $80.00, as stated in a research report published on November 16. The price target had been set at $80.00 previously. StockNews.com lowered its recommendation for Activision Blizzard from “buy” to “hold” on Wednesday of this week. Previously, it was given a “buy” rating. Benchmark maintained its “buy” rating on shares of Activision Blizzard and established a price objective of $100.00 for the company in a research report that was made public on Friday, December 9. Activision Blizzard received a grade of “c+” from TheStreet on September 21, after the publication downgraded the company’s rating from “b” on the previous day. Raymond James upgraded Activision Blizzard from a “market perform” rating to an “outperform” rating and set a target price of $95.00 on the stock in a research report published on Thursday, November 10. The report was about the company’s stock. In addition, the company determined that a price target of $95.00 was appropriate for the stock. Five of the equity research professionals surveyed gave the stock a rating of “Hold,” while thirteen gave a rating of “buy.” The average investment recommendation for this company is a “Moderate Buy,” and the current consensus price target for the stock is $92.72. The statistics offered by Bloomberg were used to gather this information, which was then analyzed.
The share price of ATVI dropped by $0.26 throughout trading on Wednesday, bringing it to a new all-time low of $74.30. There were a total of 268,793 transactions involving the company’s stock