Melvin Capital Management LP Boosted By $35.98 Million Its Electronic Arts (EA) Stake; Cohen & Steers Infrastructure Fund (UTF)’s Sentiment Is 0.83

Electronic Arts Inc. (NASDAQ:EA) Logo

Melvin Capital Management Lp increased Electronic Arts Inc (EA) stake by 14.51% reported in 2018Q2 SEC filing. Melvin Capital Management Lp acquired 255,143 shares as Electronic Arts Inc (EA)’s stock declined 21.13%. The Melvin Capital Management Lp holds 2.01 million shares with $284.02 million value, up from 1.76 million last quarter. Electronic Arts Inc now has $24.93B valuation. The stock decreased 1.62% or $1.36 during the last trading session, reaching $82.52. About 4.58 million shares traded. Electronic Arts Inc. (NASDAQ:EA) has declined 6.15% since December 8, 2017 and is downtrending. It has underperformed by 21.77% the S&P500. Some Historical EA News: 08/05/2018 – Game publisher EA’s first-quarter forecast misses estimates; 12/04/2018 – ELECTRONIC ARTS INC SAYS PATRICK SÖDERLUND WILL STEP UP INTO THE ROLE OF CHIEF DESIGN OFFICER – SEC FILING; 07/03/2018 – EA and Maxis lnvite Players to Play with Life in The Sims Mobile, Available Worldwide Today; 08/05/2018 – ELECTRONIC ARTS INC EA.O – FY 2019 DILUTED EARNINGS PER SHARE IS EXPECTED TO BE APPROXIMATELY $3.55; 24/04/2018 – gr8 People Announces 2018 Global Customer Advisory Board; 16/03/2018 – EA vows to never offer paid ‘loot boxes’ in its controversial ‘Star Wars Battlefront II’ game; 22/05/2018 – ELECTRONIC ARTS BUYS CLOUD GAMING TECH & TALENT; 08/05/2018 – Electronic Arts 4Q Net $607M; 24/05/2018 – FIFA and Electronic Arts Unveil London as FIFA eWorld Cup Grand Final 2018 Location To Crown The World’s Champion Of The; 08/05/2018 – Electronic Arts Sees 1Q Rev $1.080B

Cohen & Steers Infrastructure Fund Inc (UTF) investors sentiment decreased to 0.83 in Q2 2018. It’s down -0.05, from 0.88 in 2018Q1. The ratio is negative, as 38 funds opened new and increased positions, while 43 sold and reduced equity positions in Cohen & Steers Infrastructure Fund Inc. The funds in our database now own: 11.68 million shares, down from 12.50 million shares in 2018Q1. Also, the number of funds holding Cohen & Steers Infrastructure Fund Inc in top ten positions decreased from 2 to 1 for a decrease of 1. Sold All: 14 Reduced: 29 Increased: 24 New Position: 14.

The stock decreased 0.89% or $0.19 during the last trading session, reaching $21.26. About 211,254 shares traded. Cohen & Steers Infrastructure Fund, Inc (UTF) has declined 2.33% since December 8, 2017 and is downtrending. It has underperformed by 17.95% the S&P500.

More notable recent Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) news were published by: Seekingalpha.com which released: “CEF UTF: An Attractive Buy – Seeking Alpha” on October 15, 2018, also Seekingalpha.com with their article: “Closed-End Fund UTF: A Fund To Weather Out Trade Wars – Seeking Alpha” published on April 09, 2018, Seekingalpha.com published: “Cohen & Steers Infrastructure Fund: A Quality CEF To Play A Return To The Yield Trade – Seeking Alpha” on April 30, 2018. More interesting news about Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) were released by: Seekingalpha.com and their article: “Cohen & Steers closed-end funds declares monthly distribution – Seeking Alpha” published on October 15, 2018 as well as Seekingalpha.com‘s news article titled: “Monthly Pay Infrastructure CEF Yields 8.4%, Big Discount To NAV, And Special Dividends – Seeking Alpha” with publication date: October 11, 2018.

Cohen & Steers Infrastructure Fund, Inc. is a closed-end equity fund launched by Cohen & Steers, Inc. The company has market cap of $1.81 billion. The fund is managed by Cohen & Steers Capital Management, Inc. It has a 21.92 P/E ratio. It invests in public equity markets of the United States.

Mcgowan Group Asset Management Inc. holds 3.97% of its portfolio in Cohen & Steers Infrastructure Fund, Inc for 1.04 million shares. Apriem Advisors owns 190,802 shares or 0.97% of their US portfolio. Moreover, Camelot Portfolios Llc has 0.7% invested in the company for 72,837 shares. The Virginia-based Dixon Hubard Feinour & Brown Inc Va has invested 0.47% in the stock. Meridian Investment Counsel Inc., a California-based fund reported 33,556 shares.

More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Nasdaq.com which released: “Electronic Arts (EA) Down 5.6% Since Last Earnings Report: Can It Rebound? – Nasdaq” on November 29, 2018, also Seekingalpha.com with their article: “Electronic Arts: Wait Before You Buy – Seeking Alpha” published on November 15, 2018, Nasdaq.com published: “EA’s Sims 4 Get Famous Expands Holiday Season Portfolio – Nasdaq” on November 21, 2018. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Seekingalpha.com and their article: “Not All Doom And Gloom At Electronic Arts – Seeking Alpha” published on November 09, 2018 as well as Fool.com‘s news article titled: “Time to Buy Activision Blizzard Stock? 1 Analyst Thinks So – Motley Fool” with publication date: December 04, 2018.

Among 12 analysts covering Electronic Arts (NASDAQ:EA), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Electronic Arts had 21 analyst reports since June 11, 2018 according to SRatingsIntel. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Overweight” rating by Barclays Capital on Wednesday, October 31. The rating was maintained by Credit Suisse with “Outperform” on Friday, August 31. On Friday, August 31 the stock rating was maintained by UBS with “Buy”. The company was maintained on Friday, November 2 by BMO Capital Markets. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, July 11. On Friday, August 31 the stock rating was downgraded by Bank of America to “Neutral”. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, September 11. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Buy” rating by Argus Research on Friday, November 2. The firm earned “Outperform” rating on Friday, August 31 by BMO Capital Markets. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Buy” rating by Stifel Nicolaus on Monday, July 23.

Investors sentiment increased to 1.25 in 2018 Q2. Its up 0.15, from 1.1 in 2018Q1. It improved, as 31 investors sold EA shares while 228 reduced holdings. 91 funds opened positions while 195 raised stakes. 270.23 million shares or 1.08% less from 273.19 million shares in 2018Q1 were reported. Boston Advisors holds 210,435 shares or 0.74% of its portfolio. Hudson Bay Management Lp has invested 0.07% in Electronic Arts Inc. (NASDAQ:EA). Fincl Inc owns 400 shares or 0.02% of their US portfolio. Laurion Capital Mgmt LP has invested 0.01% in Electronic Arts Inc. (NASDAQ:EA). Frontier Com Ltd Liability Com invested in 788,272 shares. Pitcairn Co accumulated 24,789 shares. Stone Ridge Asset Mngmt Ltd stated it has 0.17% in Electronic Arts Inc. (NASDAQ:EA). Moore Cap Mgmt LP reported 150,000 shares. Savings Bank Of New York Mellon has invested 0.15% in Electronic Arts Inc. (NASDAQ:EA). Bridgeway Capital owns 41,300 shares. Gotham Asset Limited Liability Corp has invested 0.02% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Advsrs Ltd has 192 shares. Moreover, Two Sigma Ltd has 0.01% invested in Electronic Arts Inc. (NASDAQ:EA) for 10,806 shares. Rampart Mgmt Co Limited Co, Massachusetts-based fund reported 28,643 shares. First Midwest Natl Bank Tru Division owns 10,653 shares.

Melvin Capital Management Lp decreased Microsoft Corp (NASDAQ:MSFT) stake by 465,800 shares to 1.00 million valued at $98.61M in 2018Q2. It also reduced Wendys Co (Call) (NASDAQ:WEN) stake by 898,600 shares and now owns 1.30 million shares. Constellation Brands Inc (Call) (NYSE:STZ) was reduced too.

Since June 5, 2018, it had 0 insider purchases, and 28 selling transactions for $20.47 million activity. Singh Vijayanthimala had sold 200 shares worth $28,098. $169,650 worth of Electronic Arts Inc. (NASDAQ:EA) shares were sold by Bruzzo Chris. Schatz Jacob J. sold $148,190 worth of Electronic Arts Inc. (NASDAQ:EA) on Friday, July 20. Shares for $1.43 million were sold by Jorgensen Blake J. Wilson Andrew had sold 29,000 shares worth $3.28M on Tuesday, September 4. Soderlund Patrick sold $711,123 worth of stock. Miele Laura had sold 1,250 shares worth $141,342 on Tuesday, September 4.

Electronic Arts Inc. (NASDAQ:EA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.