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PNGAY

Ping An Insurance

$0.00

(0.00%)

, BLK

BlackRock

$410.99

1.44 (0.35%)

06:37
11/06/18
11/06
06:37
11/06/18
06:37

Chinese insurer overtakes BlackRock as HSBC's biggest shareholder, WSJ says

Chinese insurer Ping An Insurance (PNGAY) has overtaken BlackRock (BLK) as the biggest shareholder of HSBC Holdings (HSBC) with its roughly $12B stake signaling China's growing appetite for offshore equity investments, the Wall Street Journal reports, citing a company filing. Ping An's stake, held by its asset-management arm, rose to over 7% after a small purchase last week, overtaking BlackRock's 6.6% stake of HSBC based on an October filing, and the stake is valued at 93.72B Hong Kong dollars, or $11.97B. Reference Link

PNGAY

Ping An Insurance

$0.00

(0.00%)

BLK

BlackRock

$410.99

1.44 (0.35%)

HSBC

HSBC

$41.68

-0.27 (-0.64%)

  • 29

    Jan

PNGAY Ping An Insurance
$0.00

(0.00%)

03/26/18
BERN
03/26/18
UPGRADE
BERN
Outperform
Ping An Insurance upgraded to Outperform from Market Perform at Bernstein
Bernstein analyst Linda Sun-Mattison upgraded Ping An Insurance to Outperform from Market Perform saying the company has made particularly marked progress in restructuring, by improving the quality of legacy book and front book.
BLK BlackRock
$410.99

1.44 (0.35%)

10/22/18
RBCM
10/22/18
NO CHANGE
Target $95
RBCM
Sector Perform
State Street price target lowered to $95 from $105 at RBC Capital
RBC Capital analyst Gerard Cassidy lowered his price target on State Street (STT) to $95 and kept his Sector Perform rating after its "weak" Q3 results and limited visibility into 2019, also lowering his FY19 EPS view to $1.88 from $2.01. The analyst cites lower than expected profitability metrics that included a 10bp decline in the core ROAA as well as the company's 4.6% shortfall in non-interest income. Cassidy added that State Street is facing continued headwinds of a strengthening USD and the loss of BlackRock (BLK) business weigh on its servicing revenues.
10/17/18
WELS
10/17/18
NO CHANGE
Target $440
WELS
Market Perform
BlackRock price target lowered to $440 from $510 at Wells Fargo
Wells Fargo analyst Christopher Harris lowered his price target for BlackRock to $440 from $510 after the stock sold off materially likely based on the quarter's revenue, operating income and flow shortfalls and the extent of fee rate degradation. The analyst reiterates a Market Perform rating on the shares.
10/17/18
ARGS
10/17/18
NO CHANGE
Target $535
ARGS
Buy
BlackRock price target lowered to $535 from $620 at Argus
Argus analyst Stephen Biggar lowered his price target on BlackRock to $535 even though the company beat on Q3 earnings, saying that its revenue grew by "only 2%" and its long-term net inflows of $10.6B were the lightest in 10 quarters. The analyst notes that the industry is undergoing a period of weak inflows, with the institutional segment posting equity index outflows due to "trade tensions, emerging market weakness and a steepening yield curve". Biggar keeps his Buy rating on BlackRock longer term, noting that de-risking will eventually subside as the company continues to deliver above-average operating margins.
10/17/18
SBSH
10/17/18
NO CHANGE
Target $500
SBSH
Buy
BlackRock price target lowered to $500 from $550 at Citi
Citi analyst William Katz lowered his price target for BlackRock to $500 saying near-term base fee pressure and elevated macro risk temper his bullish on the shares. However, the analyst left the company's Q3 results confident in its "resilient business model." He believes the core story is intact and keeps a Buy rating on BlackRock.
HSBC HSBC
$41.68

-0.27 (-0.64%)

10/23/18
RBCM
10/23/18
DOWNGRADE
RBCM
Underperform
HSBC downgraded to Underperform from Sector Perform at RBC Capital
10/22/18
SBSH
10/22/18
DOWNGRADE
SBSH
Neutral
HSBC downgraded to Neutral from Buy at Citi
09/11/18
KBWI
09/11/18
UPGRADE
KBWI
Outperform
HSBC upgraded to Outperform with 725p price target at Keefe Bruyette
Keefe Bruyette analyst Edward Firth upgraded HSBC to Outperform from Market Perform with an unchanged price target of 725p. HSBC looks expensive, but it is the highest yielding U.K. bank, Firth tells investors in a research note. Further, the analyst believes the company has "defensive characteristics" with only a third of the business in the U.K.
09/11/18
KBWI
09/11/18
UPGRADE
KBWI
Outperform
HSBC upgraded to Outperform from Market Perform at Keefe Bruyette

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MORN

Morningstar

$126.83

-0.37 (-0.29%)

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DLPH

Delphi Technologies

$23.30

1.6 (7.37%)

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Intuit

$238.70

3.85 (1.64%)

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$23.30

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EQT

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$19.51

0.48 (2.52%)

CXO

Concho Resources

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2.38 (2.30%)

PXD

Pioneer Natural

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ISRG

Intuitive Surgical

$555.58

5.59 (1.02%)

09:53
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Technical Take: Intuitive Surgical has a large active bullish pattern »

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IQ

iQIYI

$24.76

2 (8.79%)

09:51
02/22/19
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09:51
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09:51
Upgrade
iQIYI rating change  »

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MORN

Morningstar

$127.20

(0.00%)

09:50
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TRIL

Trillium Therapeutics

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(0.00%)

09:50
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Breaking Hot Stocks news story on Trillium Therapeutics »

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W

Wayfair

$143.50

26.36 (22.50%)

09:49
02/22/19
02/22
09:49
02/22/19
09:49
Recommendations
Wayfair analyst commentary  »

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ASTE

Astec

$39.41

(0.00%)

, TEX

Terex

$35.65

0.06 (0.17%)

09:48
02/22/19
02/22
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02/22/19
09:48
Recommendations
Astec ticks higher after Baird discusses possible takeover by Terex »

Terex (TEX) delaying its…

ASTE

Astec

$39.41

(0.00%)

TEX

Terex

$35.65

0.06 (0.17%)

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NVRO

Nevro

$43.05

-4.22 (-8.93%)

09:47
02/22/19
02/22
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09:47
Hot Stocks
Nevro falls -9.2% »

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ASPN

Aspen Aerogels

$3.60

(0.00%)

09:47
02/22/19
02/22
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09:47
Hot Stocks
Aspen Aerogels falls -12.8% »

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DPLO

Diplomat Pharmacy

$8.86

-4.6 (-34.18%)

09:47
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02/22
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Hot Stocks
Diplomat Pharmacy falls -34.1% »

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PAGS

PagSeguro Digital

$25.10

2.24 (9.80%)

09:47
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02/22
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09:47
Hot Stocks
PagSeguro Digital rises 11.1% »

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W

Wayfair

$145.68

28.54 (24.36%)

09:47
02/22/19
02/22
09:47
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09:47
Hot Stocks
Wayfair rises 24.5% »

Wayfair is up 24.5%, or…

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BYD

Boyd Gaming

$31.30

3.02 (10.68%)

09:47
02/22/19
02/22
09:47
02/22/19
09:47
Hot Stocks
Boyd Gaming rises 11.4% »

Boyd Gaming is up 11.4%,…

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MORN

Morningstar

$127.20

(0.00%)

09:45
02/22/19
02/22
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09:45
Hot Stocks
Breaking Hot Stocks news story on Morningstar »

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BTC

Bitcoin

$0.00

(0.00%)

, BITCOIN

Bitcoin

$0.00

(0.00%)

09:44
02/22/19
02/22
09:44
02/22/19
09:44
On The Fly
The Intersection: Crypto and Wall Street This Week »

As bitcoin, ethereum and…

BTC

Bitcoin

$0.00

(0.00%)

BITCOIN

Bitcoin

$0.00

(0.00%)

TSLA

Tesla

$291.18

(0.00%)

GS

Goldman Sachs

$196.40

(0.00%)

IDEX

Ideanomics

$1.76

(0.00%)

AMD

AMD

$23.92

(0.00%)

NVDA

Nvidia

$155.76

(0.00%)

OSTK

Overstock.com

$20.00

(0.00%)

DPW

DPW Holdings

$0.09

(0.00%)

KODK

Kodak

$2.98

(0.00%)

RIOT

Riot Blockchain

$3.53

(0.00%)

TEUM

Pareteum

$3.76

(0.00%)

SRAX

Social Reality

$3.73

(0.00%)

03/08/13
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    Mar

LYB

LyondellBasell

$88.51

(0.00%)

09:41
02/22/19
02/22
09:41
02/22/19
09:41
Downgrade
LyondellBasell rating change  »

LyondellBasell downgraded…

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BRK.A

Berkshire Hathaway

$307,925.00

(0.00%)

, BRK.B

Berkshire Hathaway

$205.31

(0.00%)

09:40
02/22/19
02/22
09:40
02/22/19
09:40
Periodicals
Buffett's Berkshire set to lose about $3B from Kraft Heinz dive, CNBC says »

Warren Buffett's…

BRK.A

Berkshire Hathaway

$307,925.00

(0.00%)

BRK.B

Berkshire Hathaway

$205.31

(0.00%)

KHC

Kraft Heinz

$48.19

(0.00%)

03/08/13
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PBI

Pitney Bowes

$7.02

(0.00%)

, Z

Zillow

$35.03

(0.00%)

09:40
02/22/19
02/22
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09:40
Options
Unusually active option classes on open February 22nd »

Unusual total active…

PBI

Pitney Bowes

$7.02

(0.00%)

Z

Zillow

$35.03

(0.00%)

DBX

Dropbox

$25.58

(0.00%)

W

Wayfair

$117.14

(0.00%)

ROKU

Roku

$51.47

(0.00%)

BIDU

Baidu

$171.72

(0.00%)

IQ

iQIYI

$22.76

(0.00%)

MDLZ

Mondelez

$48.39

(0.00%)

NEM

Newmont Mining

$35.39

(0.00%)

NIO

NIO Inc.

$7.62

(0.00%)

03/08/13
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SID

CSN

09:38
02/22/19
02/22
09:38
02/22/19
09:38
Upgrade
CSN rating change  »

CSN upgraded to Buy from…

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KHC

Kraft Heinz

$48.19

-0.05 (-0.10%)

09:38
02/22/19
02/22
09:38
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09:38
Downgrade
Kraft Heinz rating change  »

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FEYE

FireEye

$16.56

-0.105 (-0.63%)

09:37
02/22/19
02/22
09:37
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09:37
Conference/Events
House Committee on Homeland Security to hold a hearing »

The Cybersecurity,…

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MGLN

Magellan Health

$70.81

-1.6 (-2.21%)

09:36
02/22/19
02/22
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02/22/19
09:36
Hot Stocks
Magellan Health says will consider Starboard Value director nominees »

Magellan Health…

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  • 28

    Feb

EHTH

eHealth

$65.58

-0.28 (-0.43%)

09:36
02/22/19
02/22
09:36
02/22/19
09:36
Recommendations
eHealth analyst commentary  »

eHealth price target…

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  • 27

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NXTM

NxStage Medical

$30.00

0.005 (0.02%)

, FMS

Fresenius Medical

$39.83

-0.06 (-0.15%)

09:33
02/22/19
02/22
09:33
02/22/19
09:33
Hot Stocks
NxStage Medical takeover by Fresenius Medical effective Feb. 21 »

NxStage Medical (NXTM)…

NXTM

NxStage Medical

$30.00

0.005 (0.02%)

FMS

Fresenius Medical

$39.83

-0.06 (-0.15%)

03/08/13
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