YY Inc (YY) Shares Sold by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec decreased its holdings in YY Inc (NASDAQ:YY) by 9.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,819 shares of the information services provider’s stock after selling 6,300 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in YY were worth $7,215,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in YY. BlackRock Inc. increased its position in shares of YY by 0.5% in the fourth quarter. BlackRock Inc. now owns 1,849,060 shares of the information services provider’s stock valued at $209,053,000 after buying an additional 9,390 shares in the last quarter. Boston Partners increased its position in shares of YY by 10.7% in the third quarter. Boston Partners now owns 1,743,607 shares of the information services provider’s stock valued at $151,310,000 after buying an additional 167,854 shares in the last quarter. Ward Ferry Management BVI Ltd increased its position in shares of YY by 6.3% in the third quarter. Ward Ferry Management BVI Ltd now owns 1,120,800 shares of the information services provider’s stock valued at $97,263,000 after buying an additional 66,800 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its position in shares of YY by 3.1% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 1,064,000 shares of the information services provider’s stock valued at $92,333,000 after buying an additional 32,000 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of YY by 296.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,044,710 shares of the information services provider’s stock valued at $118,115,000 after buying an additional 780,948 shares in the last quarter. Hedge funds and other institutional investors own 59.38% of the company’s stock.

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Shares of YY Inc (NASDAQ:YY) opened at $119.99 on Friday. The company has a market capitalization of $7,560.00, a price-to-earnings ratio of 18.21, a P/E/G ratio of 0.74 and a beta of 1.38. YY Inc has a 52 week low of $42.90 and a 52 week high of $142.97.

A number of research analysts have recently weighed in on YY shares. Jefferies Group raised their price target on YY from $158.00 to $164.00 and gave the company a “buy” rating in a research report on Tuesday. Vetr upgraded YY from a “hold” rating to a “buy” rating and set a $118.46 price target for the company in a research report on Monday, January 1st. Nomura upgraded YY from a “neutral” rating to a “buy” rating and raised their price target for the company from $80.00 to $161.00 in a research report on Wednesday, January 17th. ValuEngine upgraded YY from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, JPMorgan Chase & Co. upgraded YY from a “neutral” rating to an “overweight” rating and raised their price target for the company from $70.00 to $140.00 in a research report on Thursday, November 16th. Two investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $118.19.

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About YY

YY Inc (YY) is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The Company’s segments include YY IVAS and others, Huya broadcasting, and 100 Education. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning.

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Institutional Ownership by Quarter for YY (NASDAQ:YY)

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