As Ebay (EBAY) Valuation Rose, Scout Investments Has Upped by $26.76 Million Its Position; As E Trade Financial (ETFC) Market Valuation Declined, Poplar Forest Capital Increased Its Position by $10.97 Million

E*TRADE Financial Corporation (NASDAQ:ETFC) Logo

Poplar Forest Capital Llc increased its stake in E Trade Financial Corp (ETFC) by 288.9% based on its latest 2019Q1 regulatory filing with the SEC. Poplar Forest Capital Llc bought 238,514 shares as the company’s stock declined 2.61% . The institutional investor held 321,072 shares of the savings institutions company at the end of 2019Q1, valued at $14.91 million, up from 82,558 at the end of the previous reported quarter. Poplar Forest Capital Llc who had been investing in E Trade Financial Corp for a number of months, seems to be bullish on the $10.05 billion market cap company. The stock increased 1.85% or $0.76 during the last trading session, reaching $41.9. About 1.75M shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has declined 18.62% since August 14, 2018 and is downtrending. It has underperformed by 18.62% the S&P500. Some Historical ETFC News: 19/04/2018 – E*Trade 1Q EPS 88c; 14/03/2018 – E*Trade Feb Net New Brokerage Assets $2.0B; 20/04/2018 – E*TRADE FINANCIAL CORP ETFC.O : NOMURA RAISES TARGET PRICE TO $65 FROM $63; 06/03/2018 – E*Trade: Derivatives Represented 31% of Feb. Daily Average Revenue Trades; 19/04/2018 – E*TRADE 1Q TOTAL NET REV $708M, EST. $688.2M; 06/04/2018 – E*TRADE to Host Education Day in Santa Clara; 07/03/2018 – E*TRADE FINANCIAL CORP ETFC.O : KBW RAISES TO OUTPERFORM FROM MARKET PERFORM; 19/04/2018 – E*TRADE 1Q EPS 88C, EST. 79C; 16/04/2018 – E*TRADE Financial Corp expected to post earnings of 79 cents a share – Earnings Preview; 09/04/2018 – E*TRADE Announces Close of Trust Company of America (TCA) Transaction

Scout Investments Inc increased its stake in Ebay Inc. (EBAY) by 431.89% based on its latest 2019Q1 regulatory filing with the SEC. Scout Investments Inc bought 723,253 shares as the company’s stock rose 8.97% . The institutional investor held 890,717 shares of the business services company at the end of 2019Q1, valued at $33.08 million, up from 167,464 at the end of the previous reported quarter. Scout Investments Inc who had been investing in Ebay Inc. for a number of months, seems to be bullish on the $35.45B market cap company. The stock increased 3.12% or $1.24 during the last trading session, reaching $40.98. About 5.65 million shares traded. eBay Inc. (NASDAQ:EBAY) has risen 22.33% since August 14, 2018 and is uptrending. It has outperformed by 22.33% the S&P500. Some Historical EBAY News: 09/05/2018 – EBAY – TO RELAUNCH EBAY INDIA FOCUSING INITIALLY ON CROSS-BORDER TRADE OPPORTUNITY; 14/05/2018 – Mathew Ingram: Exclusive to CJR: De Correspondent gets cash injection from eBay billionaire for global launch; 23/04/2018 – EBay and PayPal Finalize New Payments Agreement Through July 2023; 09/05/2018 – EBay to sell its stake in Flipkart, relaunch its own India business; 27/03/2018 – Pizza Hut® To Auction Off “Final Four” Pairs Of Pie Tops Il On eBay Charity; 25/04/2018 – EBAY INC – MARKETPLACE PLATFORMS DELIVERED $2.1 BLN OF REVENUE AND $22.5 BLN OF GMV IN QTR; 25/04/2018 – EBAY SEES 2Q ADJ EPS CONT OPS 50C TO 52C, EST. 52C; 14/05/2018 – GLIDE’s 19th Annual eBay Auction for Power Lunch With Warren Buffett, Runs May 27 – June 1; 05/04/2018 – Sukhinder Singh Cassidy Named President of StubHub; 25/04/2018 – eBay 1Q EPS 40c

Investors sentiment increased to 1.12 in 2019 Q1. Its up 0.47, from 0.65 in 2018Q4. It increased, as 44 investors sold EBAY shares while 230 reduced holdings. 119 funds opened positions while 189 raised stakes. 711.61 million shares or 3.89% less from 740.38 million shares in 2018Q4 were reported. Etrade Cap Mngmt Limited Liability Company has invested 0.03% in eBay Inc. (NASDAQ:EBAY). Marshall Wace Ltd Liability Partnership reported 0.75% stake. Chemical State Bank, Michigan-based fund reported 15,765 shares. Riverhead Cap Ltd holds 0.03% or 21,060 shares in its portfolio. Tortoise Investment Ltd has 50 shares. State Street Corp stated it has 38.55M shares or 0.11% of all its holdings. 4.99M were reported by Wells Fargo Mn. British Columbia Invest Management Corporation reported 276,786 shares. Pinebridge Investments LP reported 0.02% in eBay Inc. (NASDAQ:EBAY). Moreover, Richard Bernstein Advsrs Ltd Liability has 0.13% invested in eBay Inc. (NASDAQ:EBAY) for 111,446 shares. Citadel Advisors Lc, a Illinois-based fund reported 1.91M shares. Assetmark Incorporated stated it has 0% in eBay Inc. (NASDAQ:EBAY). Mark Sheptoff Planning Llc holds 3,600 shares. Bnp Paribas Arbitrage Sa reported 348,243 shares stake. 13,405 were reported by Hap Trading Ltd Co.

More notable recent eBay Inc. (NASDAQ:EBAY) news were published by: Seekingalpha.com which released: “eBay – Near-Term Catalysts To Unlock Value – Seeking Alpha” on August 07, 2019, also Nasdaq.com with their article: “Consumer Sector Update for 07/18/2019: NYT,MDP,EBAY,GPC,NFLX – Nasdaq” published on July 18, 2019, Nasdaq.com published: “EBAY vs. BKNG: Which Stock Is the Better Value Option? – Nasdaq” on July 26, 2019. More interesting news about eBay Inc. (NASDAQ:EBAY) were released by: Finance.Yahoo.com and their article: “What Does eBay Inc.’s (NASDAQ:EBAY) Share Price Indicate? – Yahoo Finance” published on July 04, 2019 as well as Nasdaq.com‘s news article titled: “After-Hours Earnings Report for July 17, 2019 : NFLX, IBM, CCI, KMI, EBAY, URI, CCK, SLG, AA, RLI, UMPQ, TCBI – Nasdaq” with publication date: July 17, 2019.

Scout Investments Inc, which manages about $31.17 billion and $4.88B US Long portfolio, decreased its stake in Credicorp (NYSE:BAP) by 10,020 shares to 67,478 shares, valued at $16.19 million in 2019Q1, according to the filing. It also reduced its holding in Ross Stores Inc (NASDAQ:ROST) by 256,674 shares in the quarter, leaving it with 93,771 shares, and cut its stake in Aflac Incorporated (NYSE:AFL).

Since August 5, 2019, it had 1 buy, and 0 selling transactions for $232,736 activity.

Poplar Forest Capital Llc, which manages about $919.26M and $1.48B US Long portfolio, decreased its stake in Ally Finl Inc (NYSE:ALLY) by 38,539 shares to 2.31M shares, valued at $63.55 million in 2019Q1, according to the filing. It also reduced its holding in Baker Hughes A Ge Co by 54,195 shares in the quarter, leaving it with 1.86M shares, and cut its stake in Citigroup Inc (NYSE:C).

E*TRADE Financial Corporation (NASDAQ:ETFC) Institutional Positions Chart

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