Bronfman EL Rothschild LP Raises Position in Netflix, Inc. (NFLX)

Netflix Stock

Netflix Stock

Netflix shares topped $200 for the first time today, as the video-streaming giant prepares to announce its Q3 earnings results next week.

The share price of the company (NASDAQ:NFLX) was up +1.85%, with a high of 200.82 during the day and the volume of Netflix, Inc. shares traded was 12081252. RBC Capital Markets has "Buy" rating and $210.0 target.

A number of other brokerages have also recently weighed in on NFLX. (The) set a $175.00 target price on Netflix and gave the company a "buy" rating in a research note on Wednesday, June 28th. During the same period last year, the company earned $0.12 per share, and the stock has appreciated 55.4% on the year. Robert W. Baird maintained the stock with "Hold" rating in Wednesday, October 4 report. D E Shaw And Inc owns 2.24 million shares. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and thirty-one have assigned a buy rating to the company's stock. The company has an average rating of Buy and an average target price of $191.24. Benchmark Capital Advisors now owns 3,100 shares of the Internet television network's stock valued at $458,000 after buying an additional 1,000 shares in the last quarter. About 8.90M shares traded or 32.84% up from the average. The company has market cap of $86.13 billion. Netflix has a 1-year low of $98.38 and a 1-year high of $200.82.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Monday, July 17th.

Goldman expects the company to report that it added a net 1.1 million US and 4.3 million worldwide subscribers in the third quarter, partly driven by new shows such as "Ozark".

6 taken to hospital from incident at Pasquotank prison
The College of the Albemarle Elizabeth City campus has also been closed due to safety concerns. Pasquotank Correctional Institution is a high-security prison for adult male inmates.

IBD'S TAKE: Netflix stock has an IBD Composite Rating of 93, meaning it has outperformed 93% of stocks in key metrics over the past 12 months. According to their predictions high & low revenue estimates are 7.54 Billion and 7.13 Billion respectively. They expect $0.15 EPS, up 193.75% or $0.31 from last year's $-0.16 per share. The firm's revenue for the quarter was up 32.3% compared to the same quarter a year ago.

Netflix, Inc. now has a P/E ratio of 241.46 and the market cap of the company is 85.69B.

COPYRIGHT VIOLATION NOTICE: This story was originally posted by Week Herald and is owned by of Week Herald. If you are reading this report on another domain, it was copied illegally and republished in violation of US and global copyright legislation. The original version of this story can be read at https://baseballnewssource.com/markets/netflixs-nflx-hold-rating-reaffirmed-at-argus/1705883.html. (NASDAQ:NFLX) were released by: Latimes.com and their article: "Netflix is raising the price of its most popular USA plan by 10%" published on October 05, 2017 as well as Benzinga.com's news article titled: "Analyst: International Netflix Subscriptions Expected To Impress In Q3, Beyond" with publication date: October 13, 2017. The shares were sold at an average price of $165.72, for a total transaction of $331,440.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The disclosure for this sale can be found here. Over the last five trading sessions, the stock has moved 0.74%. Insiders own 4.90% of the company's stock. Flinton Capital Management LLC increased its position in Netflix by 12.6% in the second quarter. Janus Henderson Group PLC lifted its stake in Netflix by 3,478.1% in the 2nd quarter. The hedge fund run by Edmond M. Safra held 720,000 shares of the consumer services company at the end of 2017Q2, valued at $107.58M, down from 780,000 at the end of the previous reported quarter. Jennison Associates LLC lifted its stake in Netflix by 14.0% in the 2nd quarter. Vanguard Group Inc. lifted its stake in Netflix by 3.5% in the 1st quarter.

Bronfman E.L. Rothschild L.P. boosted its stake in shares of Netflix, Inc. Calamos Advisors LLC now owns 208,945 shares of the Internet television network's stock valued at $31,218,000 after acquiring an additional 138,945 shares during the last quarter.

Other institutional investors have also recently made changes to their positions in the company. Sii Investments Inc. WI increased its position in Netflix by 2.1% in the second quarter. The Company operates through three segments: Domestic streaming, worldwide streaming and Domestic DVD.

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