Toronto Dominion Bank Grows Holdings in Activision Blizzard, Inc (ATVI)

Toronto Dominion Bank boosted its holdings in shares of Activision Blizzard, Inc (NASDAQ:ATVI) by 26.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 235,042 shares of the company’s stock after buying an additional 49,445 shares during the period. Toronto Dominion Bank’s holdings in Activision Blizzard were worth $13,528,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ATVI. Guardian Life Insurance Co. of America raised its holdings in Activision Blizzard by 1.9% during the first quarter. Guardian Life Insurance Co. of America now owns 2,671 shares of the company’s stock worth $133,000 after buying an additional 51 shares during the last quarter. Shine Investment Advisory Services Inc. acquired a new position in Activision Blizzard during the second quarter worth $142,000. Huntington National Bank raised its holdings in Activision Blizzard by 122.6% during the second quarter. Huntington National Bank now owns 2,480 shares of the company’s stock worth $143,000 after buying an additional 1,366 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its holdings in Activision Blizzard by 16.2% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,606 shares of the company’s stock worth $150,000 after buying an additional 363 shares during the last quarter. Finally, BB&T Investment Services Inc. acquired a new position in Activision Blizzard during the second quarter worth $189,000. Hedge funds and other institutional investors own 86.33% of the company’s stock.

Several research analysts have weighed in on the stock. Piper Jaffray Companies restated an “overweight” rating and set a $65.00 price objective on shares of Activision Blizzard in a report on Tuesday, July 18th. Argus restated a “buy” rating and set a $70.00 price objective (up previously from $65.00) on shares of Activision Blizzard in a report on Wednesday, August 16th. Vetr downgraded shares of Activision Blizzard from a “strong-buy” rating to a “buy” rating and set a $67.48 price objective on the stock. in a report on Wednesday, July 12th. Oppenheimer Holdings, Inc. upped their price objective on shares of Activision Blizzard from $60.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, June 22nd. Finally, BidaskClub downgraded shares of Activision Blizzard from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $65.33.

ILLEGAL ACTIVITY WARNING: This report was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/16/toronto-dominion-bank-grows-holdings-in-activision-blizzard-inc-atvi.html.

In other news, CEO Riccardo Zacconi sold 19,761 shares of the company’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $61.32, for a total transaction of $1,211,744.52. Following the completion of the sale, the chief executive officer now owns 48,472 shares of the company’s stock, valued at approximately $2,972,303.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brian G. Kelly sold 3,685,000 shares of the company’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $61.93, for a total transaction of $228,212,050.00. Following the sale, the director now directly owns 189,791 shares of the company’s stock, valued at approximately $11,753,756.63. The disclosure for this sale can be found here. Insiders have sold a total of 4,074,879 shares of company stock valued at $252,196,001 in the last ninety days. Insiders own 2.12% of the company’s stock.

Shares of Activision Blizzard, Inc (NASDAQ:ATVI) traded up 1.28% during trading on Monday, reaching $61.86. 1,598,633 shares of the company’s stock were exchanged. The firm has a market cap of $46.70 billion,

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ATVI. Guardian Life Insurance Co. of America raised its holdings in Activision Blizzard by 1.9% during the first quarter. Guardian Life Insurance Co. of America now owns 2,671 shares of the company’s stock worth $133,000 after buying an additional 51 shares during the last quarter. Shine Investment Advisory Services Inc. acquired a new position in Activision Blizzard during the second quarter worth $142,000. Huntington National Bank raised its holdings in Activision Blizzard by 122.6% during the second quarter. Huntington National Bank now owns 2,480 shares of the company’s stock worth $143,000 after buying an additional 1,366 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its holdings in Activision Blizzard by 16.2% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,606 shares of the company’s stock worth $150,000 after buying an additional 363 shares during the last quarter. Finally, BB&T Investment Services Inc. acquired a new position in Activision Blizzard during the second quarter worth $189,000. Hedge funds and other institutional investors own 86.33% of the company’s stock.

Several research analysts have weighed in on the stock. Piper Jaffray Companies restated an “overweight” rating and set a $65.00 price objective on shares of Activision Blizzard in a report on Tuesday, July 18th. Argus restated a “buy” rating and set a $70.00 price objective (up previously from $65.00) on shares of Activision Blizzard in a report on Wednesday, August 16th. Vetr downgraded shares of Activision Blizzard from a “strong-buy” rating to a “buy” rating and set a $67.48 price objective on the stock. in a report on Wednesday, July 12th. Oppenheimer Holdings, Inc. upped their price objective on shares of Activision Blizzard from $60.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, June 22nd. Finally, BidaskClub downgraded shares of Activision Blizzard from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $65.33.

ILLEGAL ACTIVITY WARNING: This report was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at https://ledgergazette.com/2017/10/16/toronto-dominion-bank-grows-holdings-in-activision-blizzard-inc-atvi.html.

In other news, CEO Riccardo Zacconi sold 19,761 shares of the company’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $61.32, for a total transaction of $1,211,744.52. Following the completion of the sale, the chief executive officer now owns 48,472 shares of the company’s stock, valued at approximately $2,972,303.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brian G. Kelly sold 3,685,000 shares of the company’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $61.93, for a total transaction of $228,212,050.00. Following the sale, the director now directly owns 189,791 shares of the company’s stock, valued at approximately $11,753,756.63. The disclosure for this sale can be found here. Insiders have sold a total of 4,074,879 shares of company stock valued at $252,196,001 in the last ninety days. Insiders own 2.12% of the company’s stock.

Shares of Activision Blizzard, Inc (NASDAQ:ATVI) traded up 1.28% during trading on Monday, reaching $61.86. 1,598,633 shares of the company’s stock were exchanged. The firm has a market cap of $46.70 billion, a price-to-earnings ratio of 41.77 and a beta of 1.10. Activision Blizzard, Inc has a 12 month low of $35.12 and a 12 month high of $66.58. The stock has a 50-day moving average price of $63.81 and a 200 day moving average price of $58.93.

About Activision Blizzard

Activision Blizzard, Inc is a developer and publisher of interactive entertainment content and services. The Company develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC) and mobile devices. Its segments include Activision Publishing, Inc (Activision), Blizzard Entertainment, Inc (Blizzard), King Digital Entertainment (King) and Other.

Institutional Ownership by Quarter for Activision Blizzard (NASDAQ:ATVI)

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