Beacon Roofing Supply (BECN) Shareholder Fisher Asset Management Has Lowered Holding by $4.53 Million as Shares Rose; Alibaba Group Holding (BABA) Stock Price Rose While Tb Alternative Assets LTD Has Lifted Its Holding

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Logo

Fisher Asset Management Llc decreased its stake in Beacon Roofing Supply Inc (BECN) by 7.97% based on its latest 2018Q4 regulatory filing with the SEC. Fisher Asset Management Llc sold 146,125 shares as the company’s stock rose 7.73% with the market. The hedge fund held 1.69M shares of the consumer services company at the end of 2018Q4, valued at $53.50M, down from 1.83M at the end of the previous reported quarter. Fisher Asset Management Llc who had been investing in Beacon Roofing Supply Inc for a number of months, seems to be less bullish one the $2.30 billion market cap company. The stock decreased 0.30% or $0.1 during the last trading session, reaching $33.56. About 497,999 shares traded. Beacon Roofing Supply, Inc. (NASDAQ:BECN) has declined 28.66% since March 15, 2018 and is downtrending. It has underperformed by 33.03% the S&P500. Some Historical BECN News: 12/03/2018 Beacon Roofing at Company Marketing Hosted By Stephens Inc; 08/05/2018 – BEACON ROOFING 2Q LOSS/SHR $1.07; 20/03/2018 – Beacon Roofing Non-Deal Roadshow Set By SunTrust for Mar. 27; 06/04/2018 – Beacon Roofing Closes Below 200-Day Moving Average: Technicals; 01/05/2018 – Beacon Roofing Supply Announces Acquisition Of Minnesota-Based Tri-State Builder’s Supply; 08/05/2018 – Beacon Roofing Supply Raises Allied Synergy Target to $120M From $110M; 01/05/2018 – BEACON ROOFING SUPPLY ACQUIRES TRI-STATE BUILDER’S SUPPLY; 08/05/2018 – Beacon Roofing Supply 2Q Loss/Shr $1.07; 20/04/2018 – DJ Beacon Roofing Supply Inc, Inst Holders, 1Q 2018 (BECN); 08/05/2018 – BEACON ROOFING 2Q ADJ LOSS/SHR 35C, EST. LOSS/SHR 9.0C

Tb Alternative Assets Ltd increased its stake in Alibaba Group Holding (BABA) by 63.87% based on its latest 2018Q4 regulatory filing with the SEC. Tb Alternative Assets Ltd bought 98,600 shares as the company’s stock rose 17.52% with the market. The institutional investor held 252,964 shares of the business services company at the end of 2018Q4, valued at $34.67M, up from 154,364 at the end of the previous reported quarter. Tb Alternative Assets Ltd who had been investing in Alibaba Group Holding for a number of months, seems to be bullish on the $467.53B market cap company. The stock decreased 0.19% or $0.34 during the last trading session, reaching $180.36. About 9.27M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 2.89% since March 15, 2018 and is uptrending. It has underperformed by 1.48% the S&P500. Some Historical BABA News: 26/03/2018 – YUNFENG, ALIBABA SPV TO ACQUIRE IKANG FOR $41.20 CASH/A SHR; 02/04/2018 – Alibaba will buy Chinese food delivery app Ele.me; 18/03/2018 – ALIBABA GROUP HOLDING BABA.N TO INVEST $2 BLN IN SOUTHEAST ASIA’S LAZADA – STATEMENT; 13/05/2018 – E INK HOLDINGS TEAMS UP WITH BOE TECH TO SUPPLY TO ALIBABA: EDN; 10/04/2018 – Dubai’s Alibabacoin says Alibaba has no monopoly on ‘magic’ name; 18/03/2018 – ALIBABA BABA.N NAMES LUCY PENG AS LAZADA CEO, MAXIMILIAN BITTNER TO ASSUME ROLE OF SENIOR ADVISOR TO ALIBABA -STATEMENT; 18/03/2018 – Alibaba: Lazada Chairwoman Lucy Peng Will Assume Additional Role of CEO; 15/03/2018 – Alibaba May List Depositary Receipts if China Rules Permit; 03/04/2018 – ALIBABA TO BUY FULL OWNERSHIP OF CHINA DELIVERY PLATFORM ELE.ME; 09/05/2018 – SUNING.COM 002024.SZ SAYS SHAREHOLDERS APPROVE PROPOSAL IN SELLING PART OF CO’S FINANCIAL ASSETS

Tb Alternative Assets Ltd, which manages about $477.44M US Long portfolio, decreased its stake in Yelp Inc Yelp Us (NYSE:YELP) by 28,900 shares to 7,000 shares, valued at $245,000 in 2018Q4, according to the filing. It also reduced its holding in Netease Inc (NASDAQ:NTES) by 88,318 shares in the quarter, leaving it with 17,253 shares, and cut its stake in Amazon.Com Inc Amzn Us (NASDAQ:AMZN).

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Investorplace.com which released: “The Growth Story Behind Alibaba Stock Just Got Stronger – Investorplace.com” on March 04, 2019, also Seekingalpha.com with their article: “Alibaba’s Stock Isn’t Finished Climbing – Seeking Alpha” published on February 14, 2019, Seekingalpha.com published: “Alibaba: Still Cheap Even After Earnings Rally – Seeking Alpha” on February 12, 2019. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Seekingalpha.com and their article: “Alibaba: Recovering In 2019 And International Expansion – Seeking Alpha” published on March 06, 2019 as well as Benzinga.com‘s news article titled: “Alibaba (NYSE:BABA) Analysts Stay Bullish After Q3 Print – Benzinga” with publication date: February 04, 2019.

Since November 21, 2018, it had 6 insider purchases, and 0 sales for $1.48 million activity. 4,750 Beacon Roofing Supply, Inc. (NASDAQ:BECN) shares with value of $149,147 were bought by Harrison Christopher Anthony. NOVICH NEIL S had bought 16,900 shares worth $497,828. On Wednesday, November 21 the insider ISABELLA PAUL bought $101,635. 10,675 shares were bought by FROST RICHARD W, worth $337,429. BERQUIST CARL T had bought 5,000 shares worth $165,250.

Analysts await Beacon Roofing Supply, Inc. (NASDAQ:BECN) to report earnings on May, 14. They expect $-0.26 EPS, up 25.71% or $0.09 from last year’s $-0.35 per share. After $0.60 actual EPS reported by Beacon Roofing Supply, Inc. for the previous quarter, Wall Street now forecasts -143.33% negative EPS growth.

Investors sentiment decreased to 0.98 in Q4 2018. Its down 0.26, from 1.24 in 2018Q3. It turned negative, as 30 investors sold BECN shares while 67 reduced holdings. 34 funds opened positions while 61 raised stakes. 73.70 million shares or 3.66% more from 71.09 million shares in 2018Q3 were reported. Skyline Asset Mngmt L P, a Illinois-based fund reported 481,800 shares. Royal State Bank Of Canada stated it has 500,830 shares. Stephens Investment Mgmt Gp Lc owns 868,336 shares for 0.65% of their portfolio. Virginia Retirement Et Al holds 20,900 shares or 0.01% of its portfolio. Broadview Lc holds 1.32% or 144,500 shares. Huntington Bancorporation accumulated 3,419 shares. Employees Retirement Of Ohio reported 0.03% stake. Bnp Paribas Arbitrage holds 0% or 30,530 shares in its portfolio. Advsr Asset Mngmt reported 0% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Alliancebernstein LP stated it has 95,343 shares. Ny State Common Retirement Fund accumulated 287,771 shares. Carroll Finance Associate reported 120 shares. Nomura Asset Mngmt reported 19,950 shares or 0.01% of all its holdings. Spitfire Capital invested in 155,103 shares or 5.52% of the stock. Comerica Natl Bank accumulated 19,839 shares.

Fisher Asset Management Llc, which manages about $73.22 billion US Long portfolio, upped its stake in Paycom Software Inc (NYSE:PAYC) by 50,840 shares to 211,224 shares, valued at $25.86M in 2018Q4, according to the filing. It also increased its holding in Darling Ingredients Inc (NYSE:DAR) by 30,401 shares in the quarter, for a total of 2.48M shares, and has risen its stake in Blackrock Inc (NYSE:BLK).

More notable recent Beacon Roofing Supply, Inc. (NASDAQ:BECN) news were published by: Seekingalpha.com which released: “Beacon Roofing Supply (BECN) Investor Presentation – Slideshow – Seeking Alpha” on December 13, 2018, also Nasdaq.com with their article: “BECN Crosses Above Key Moving Average Level – Nasdaq” published on February 08, 2019, Nasdaq.com published: “Here is Why Growth Investors Should Buy Beacon Roofing (BECN) Now – Nasdaq” on February 04, 2019. More interesting news about Beacon Roofing Supply, Inc. (NASDAQ:BECN) were released by: Nasdaq.com and their article: “Beacon Roofing Supply (BECN) Expected to Beat Earnings Estimates: Should You Buy? – Nasdaq” published on January 31, 2019 as well as Nasdaq.com‘s news article titled: “First Week of March 15th Options Trading For Beacon Roofing Supply (BECN) – Nasdaq” with publication date: January 28, 2019.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Institutional Positions Chart