Mercadolibre (MELI) Position Boosted by Capital International Sarl; Teacher Retirement System Of Texas Has Decreased Pioneer Nat Res Co (PXD) Stake by $27.35 Million; Market Value Rose

May 21, 2018 - By Richard Conner

MercadoLibre, Inc. (NASDAQ:MELI) Logo

Capital International Sarl increased its stake in Mercadolibre Inc (MELI) by 10.5% based on its latest 2017Q4 regulatory filing with the SEC. Capital International Sarl bought 13,300 shares as the company’s stock rose 11.87% while stock markets declined. The institutional investor held 139,950 shares of the miscellaneous company at the end of 2017Q4, valued at $44.04M, up from 126,650 at the end of the previous reported quarter. Capital International Sarl who had been investing in Mercadolibre Inc for a number of months, seems to be bullish on the $13.04 billion market cap company. The stock decreased 1.16% or $3.48 during the last trading session, reaching $295.37. About 553,373 shares traded. MercadoLibre, Inc. (NASDAQ:MELI) has risen 66.47% since May 21, 2017 and is uptrending. It has outperformed by 54.92% the S&P500.

Teacher Retirement System Of Texas decreased its stake in Pioneer Nat Res Co (PXD) by 77.71% based on its latest 2017Q4 regulatory filing with the SEC. Teacher Retirement System Of Texas sold 159,006 shares as the company’s stock rose 0.37% while stock markets declined. The institutional investor held 45,610 shares of the oil & gas production company at the end of 2017Q4, valued at $7.88M, down from 204,616 at the end of the previous reported quarter. Teacher Retirement System Of Texas who had been investing in Pioneer Nat Res Co for a number of months, seems to be less bullish one the $35.73 billion market cap company. The stock decreased 1.26% or $2.67 during the last trading session, reaching $209.64. About 1.35 million shares traded. Pioneer Natural Resources Company (NYSE:PXD) has declined 4.79% since May 21, 2017 and is downtrending. It has underperformed by 16.34% the S&P500.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.23, from 1.16 in 2017Q3. It is negative, as 39 investors sold MELI shares while 114 reduced holdings. 56 funds opened positions while 87 raised stakes. 36.71 million shares or 2.73% more from 35.73 million shares in 2017Q3 were reported. 84,724 were accumulated by Neuberger Berman Gru Ltd Liability Corporation. Jane Street Gp Limited Liability Corp owns 39,193 shares or 0.04% of their US portfolio. Sumitomo Mitsui Asset Limited stated it has 2,659 shares. Acadian Asset Ltd Limited Liability Company holds 0.01% of its portfolio in MercadoLibre, Inc. (NASDAQ:MELI) for 10,536 shares. North Star Invest Management owns 30 shares for 0% of their portfolio. B & T Capital Dba Alpha Capital holds 0.59% or 3,956 shares in its portfolio. Tiverton Asset Management Ltd Liability Corporation invested in 1,546 shares or 0.03% of the stock. Cap Invsts has invested 0.16% of its portfolio in MercadoLibre, Inc. (NASDAQ:MELI). The Delaware-based Dupont Mngmt has invested 0.01% in MercadoLibre, Inc. (NASDAQ:MELI). Gsa Cap Ptnrs Limited Liability Partnership accumulated 2,100 shares. First Personal Finance Services has 24 shares. Hanseatic Management Services Inc has 35 shares for 0.01% of their portfolio. Bank Of Nova Scotia holds 0.06% or 42,738 shares. Btg Pactual Global Asset Mgmt Limited reported 1.04% stake. Generation Invest Mngmt Llp reported 167,861 shares.

Capital International Sarl, which manages about $1.07 billion US Long portfolio, decreased its stake in Alphabet Inc Cl C by 2,200 shares to 12,903 shares, valued at $13.50 million in 2017Q4, according to the filing. It also reduced its holding in Vale Sa On Adr (NYSE:VALE) by 977,331 shares in the quarter, leaving it with 2.48 million shares, and cut its stake in Wynn Resorts Ltd (NASDAQ:WYNN).

Among 15 analysts covering MercadoLibre (NASDAQ:MELI), 6 have Buy rating, 2 Sell and 7 Hold. Therefore 40% are positive. MercadoLibre had 47 analyst reports since August 6, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $380 target in Wednesday, April 25 report. The rating was maintained by JP Morgan on Monday, March 14 with “Neutral”. The company was maintained on Wednesday, April 11 by Bank of America. JP Morgan maintained it with “Neutral” rating and $133 target in Monday, May 16 report. As per Monday, January 8, the company rating was maintained by Credit Suisse. The firm has “Hold” rating by J.P. Morgan given on Wednesday, August 9. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, August 4. The firm has “Hold” rating given on Wednesday, March 2 by HSBC. The company was upgraded on Friday, April 20 by Credit Suisse. Barclays Capital maintained the stock with “Overweight” rating in Friday, August 4 report.

More notable recent MercadoLibre, Inc. (NASDAQ:MELI) news were published by: Seekingalpha.com which released: “MercadoLibre, Inc. 2018 Q1 – Results – Earnings Call Slides” on May 10, 2018, also Fool.com with their article: “The 3 Stocks on the MFM Team’s Radar” published on May 17, 2018, Nasdaq.com published: “MercadoLibre Executives Talk Accounting Regs, Merchant Loans, and Profits” on May 16, 2018. More interesting news about MercadoLibre, Inc. (NASDAQ:MELI) were released by: Globenewswire.com and their article: “MercadoLibre, Inc. Reports First Quarter Financial Results” published on May 09, 2018 as well as Streetinsider.com‘s news article titled: “Tiger Global’s 13F Shows New Stake in Twitter (TWTR), Mercado (MELI), Increases Stake in Amazon (AMZN) (more…)” with publication date: May 15, 2018.

Analysts await Pioneer Natural Resources Company (NYSE:PXD) to report earnings on August, 7. They expect $1.58 EPS, up 652.38% or $1.37 from last year’s $0.21 per share. PXD’s profit will be $269.27 million for 33.17 P/E if the $1.58 EPS becomes a reality. After $1.66 actual EPS reported by Pioneer Natural Resources Company for the previous quarter, Wall Street now forecasts -4.82% negative EPS growth.

Since December 11, 2017, it had 0 buys, and 20 insider sales for $18.18 million activity. $501,550 worth of Pioneer Natural Resources Company (NYSE:PXD) was sold by CATES ANDREW F.. CHEATWOOD CHRIS J sold $1.67 million worth of stock or 9,513 shares. The insider HANNES WILLIAM F sold 10,000 shares worth $2.03M. The insider KLEINMAN MARK H sold 1,150 shares worth $207,196. Stewart Stephanie D also sold $183,168 worth of Pioneer Natural Resources Company (NYSE:PXD) on Wednesday, May 9. 1,410 shares were sold by Montemayor Margaret, worth $252,855.

Teacher Retirement System Of Texas, which manages about $14.97 billion US Long portfolio, upped its stake in Texas Roadhouse Inc (NASDAQ:TXRH) by 17,666 shares to 23,220 shares, valued at $1.22M in 2017Q4, according to the filing. It also increased its holding in Healthcare Rlty Tr (NYSE:HR) by 32,429 shares in the quarter, for a total of 42,633 shares, and has risen its stake in Pra Health Sciences Inc.

Investors sentiment decreased to 0.87 in 2017 Q4. Its down 0.16, from 1.03 in 2017Q3. It dropped, as 66 investors sold PXD shares while 230 reduced holdings. 89 funds opened positions while 168 raised stakes. 148.22 million shares or 2.39% less from 151.85 million shares in 2017Q3 were reported. Texas Permanent School Fund has invested 0.1% in Pioneer Natural Resources Company (NYSE:PXD). Oregon Public Employees Retirement Fund, Oregon-based fund reported 18,126 shares. Hartline Inv stated it has 0.31% in Pioneer Natural Resources Company (NYSE:PXD). Missouri-based Anderson Hoagland has invested 0.68% in Pioneer Natural Resources Company (NYSE:PXD). Dnb Asset Mgmt As accumulated 503,751 shares. First Personal Financial Svcs reported 0.01% stake. Apg Asset Management Nv has invested 0.02% in Pioneer Natural Resources Company (NYSE:PXD). Bancorporation Of Montreal Can holds 0.05% or 363,814 shares in its portfolio. Moreover, Goldman Sachs Gru Inc has 0.07% invested in Pioneer Natural Resources Company (NYSE:PXD) for 1.62M shares. Korea Corporation reported 0.17% stake. Kentucky Retirement Insurance Fund invested in 0.13% or 4,519 shares. Jpmorgan Chase And holds 8.85M shares or 0.32% of its portfolio. Manchester Mngmt Lc invested in 1,080 shares. Bp Public Ltd Com reported 21,000 shares or 0.13% of all its holdings. Nelson Van Denburg And Campbell Wealth Mngmt Ltd Liability Corporation holds 0% or 3 shares in its portfolio.

Among 42 analysts covering Pioneer Natural Resources (NYSE:PXD), 37 have Buy rating, 1 Sell and 4 Hold. Therefore 88% are positive. Pioneer Natural Resources had 169 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, May 3 by Credit Suisse. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Buy” rating given on Monday, February 26 by BMO Capital Markets. On Friday, February 9 the stock rating was maintained by Piper Jaffray with “Buy”. The firm has “Buy” rating given on Sunday, January 21 by KeyBanc Capital Markets. The firm has “Buy” rating by Wunderlich given on Tuesday, January 12. Credit Suisse maintained Pioneer Natural Resources Company (NYSE:PXD) rating on Wednesday, August 24. Credit Suisse has “Outperform” rating and $212 target. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Buy” rating given on Wednesday, July 22 by Topeka Capital Markets. The firm has “Overweight” rating by Mitsubishi UFJ given on Tuesday, February 14. The firm has “Buy” rating given on Tuesday, January 16 by Mizuho. As per Tuesday, February 6, the company rating was downgraded by SunTrust.

MercadoLibre, Inc. (NASDAQ:MELI) Institutional Positions Chart

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