Netflix, Inc. (NASDAQ:NFLX) Stock Rating Reaffirmed by JP Morgan Chase & Co

Netflix, Inc. (NASDAQ:NFLX) Stock Rating Reaffirmed by JP Morgan Chase & Co

Netflix (NFLX) opened at 169.14 on Friday. Highland Capital Management LLC's holdings in Netflix were worth $1,068,000 as of its most recent filing with the SEC. The disclosure for this sale can be found here.

Teachers Advisors, LLC grew its ownership by buying 5,570 shares an increase of 0.4% from 03/31/2017 to 06/30/2017.

The original deal, which was signed in 2012 between Netflix US and Disney, kicked in only a year ago and is not expected to affect Netflix in Asia per se. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. M Holdings Securities Inc. increased its position in shares of Netflix by 0.5% in the first quarter. During the same quarter in the prior year, the company earned $0.09 earnings per share. Capital Research Global Investors owns $8.88 billion in Netflix, Inc., which represents roughly 12.24% of the company's market cap and approximately 14.05% of the institutional ownership. Jennison Associates LLC raised its position in Netflix by 21.4% in the first quarter.

ILLEGAL ACTIVITY NOTICE: "Netflix, Inc". Vanguard Group Inc. now owns 27,161,082 shares of the Internet television network's stock valued at $4,014,680,000 after buying an additional 921,283 shares during the last quarter. Banco Santander S.A. purchased a new stake in Netflix during the first quarter valued at about $43,264,000. Nomura maintained the shares of NFLX in report on Tuesday, July 19 with "Buy" rating. Over the last three months, insiders sold 389,801 shares of company stock valued at $64,889,201. Northwest Wealth Management LLC now owns 1,890 shares of the Internet television network's stock worth $282,000 after buying an additional 15 shares in the last quarter.

Other research analysts have also recently issued research reports about the company. MKM Partners reissued a "buy" rating and set a $175.00 price target on shares of Netflix in a research report on Monday, March 27th. Wedbush lifted their target price on Netflix from $68.00 to $73.00 and gave the stock an "underperform" rating in a report on Tuesday, April 18th. The stock presently has an average rating of "Buy" and a consensus price target of $174.79.

In an interview, Sarandos also said that Disney's plan to launch its own service is the "natural evolution" for media companies. Netflix has a 12 month low of $93.26 and a 12 month high of $191.50.

Keeping both Lucasfilm and Marvel titles on Netflix past 2019 would be a huge boon to the service: The Lucasfilm stable alone include the juggernaut, as-yet-untitled Star Wars: Episode IX, while the Marvel Cinematic Universe has a slew of eagerly anticipated films coming down the pike, including Captain Marvel, a sequel to Spider-Man: Homecoming, Guardians of the Galaxy 3, and a fourth Avengers film, which just booted up production. Loop Capital restated a "buy" rating and issued a $167.00 target price (up previously from $159.00) on shares of Netflix in a research report on Monday, March 20th. Finally, Morgan Stanley raised its position in Netflix by 22.9% in the first quarter.

Among 4 analysts covering Aimmune Therapeutics (NASDAQ:AIMT), 4 have Buy rating, 0 Sell and 0 Hold. Equities research analysts predict that Netflix, Inc. will post $1.19 EPS for the current fiscal year. "(NASDAQ:NFLX) Raised to Buy at BidaskClub" was originally published by BBNS and is the property of of BBNS. Ltd. now owns 770 shares of the Internet television network's stock worth $114,000 after buying an additional 150 shares in the last quarter. If you are viewing this piece on another publication, it was illegally copied and republished in violation of US and global copyright laws.

On July 18 Credit Suisse made no change to the company rating of "Neutral" and moved up the price target to $190.00 from $115.00. The correct version of this story can be read at The Company operates through three segments: Domestic streaming, worldwide streaming and Domestic DVD.

Disney's break from Netflix applies only to its film deal in the United States, where the streaming service runs new Disney movies shortly after they leave theaters. The International streaming segment includes services that streams content to its members outside the United States.