Callaway Golf Co (ELY) Holder Ibis Capital Partners Llp Decreased Its Position by $5.85 Million

February 20, 2018 - By Linda Rogers

Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.25, from 1.44 in 2017Q2. It is negative, as 20 investors sold ELY shares while 64 reduced holdings. 28 funds opened positions while 72 raised stakes. 82.05 million shares or 4.77% more from 78.32 million shares in 2017Q2 were reported. Credit Suisse Ag holds 133,273 shares. U S Global Investors Incorporated reported 83,000 shares. Ls Investment Advsr Limited Company has 3,223 shares for 0% of their portfolio. Blackrock invested 0.01% of its portfolio in Callaway Golf Company (NYSE:ELY). Ibis Capital Partners Llp reported 4.16% of its portfolio in Callaway Golf Company (NYSE:ELY). Vanguard Group Inc owns 4.99 million shares. Sei Invs reported 0% stake. Dupont Capital Mgmt Corp reported 0.02% in Callaway Golf Company (NYSE:ELY). Driehaus Capital Mgmt Ltd Liability Corp accumulated 677,201 shares. Thornburg Investment Mngmt invested 0.14% of its portfolio in Callaway Golf Company (NYSE:ELY). Cubist Systematic Strategies stated it has 0.01% in Callaway Golf Company (NYSE:ELY). Advisory Research has invested 0.05% of its portfolio in Callaway Golf Company (NYSE:ELY). Morgan Stanley reported 0% stake. State Of Alaska Department Of Revenue reported 18,632 shares stake. Bankshares Of Montreal Can invested 0% of its portfolio in Callaway Golf Company (NYSE:ELY).

Since August 29, 2017, it had 0 insider buys, and 8 selling transactions for $3.10 million activity. Shares for $125,535 were sold by Hocknell Alan on Thursday, October 26. $127,120 worth of stock was sold by Thomas Jennifer L. on Thursday, October 26. 25,911 Callaway Golf Company (NYSE:ELY) shares with value of $384,519 were sold by Lynch Brian P.. 68,824 Callaway Golf Company (NYSE:ELY) shares with value of $1.08M were sold by Howie Neil.

David Forster decreased its stake in Callaway Golf Co (ELY) by 58.21% based on its latest 2017Q3 regulatory filing with the SEC. Ibis Capital Partners Llp sold 417,797 shares as the company’s stock rose 22.71% with the market. The hedge fund run by David Forster held 300,000 shares of the recreational products and toys company at the end of 2017Q3, valued at $4.33 million, down from 717,797 at the end of the previous reported quarter. Ibis Capital Partners Llp who had been investing in Callaway Golf Co for a number of months, seems to be less bullish one the $1.46 billion market cap company. The stock decreased 1.84% or $0.29 during the last trading session, reaching $15.47. About 1.01 million shares traded or 6.36% up from the average. Callaway Golf Company (NYSE:ELY) has risen 39.56% since February 20, 2017 and is uptrending. It has outperformed by 22.86% the S&P500.

Ibis Capital Partners Llp, which manages about $104.10 million US Long portfolio, upped its stake in Dhx Media Ltd by 857,800 shares to 878,100 shares, valued at $3.69M in 2017Q3, according to the filing.

More notable recent Callaway Golf Company (NYSE:ELY) news were published by: Seekingalpha.com which released: “Callaway Golf’s (ELY) CEO Oliver Brewer on Q4 2017 Results – Earnings Call …” on February 08, 2018, also Nasdaq.com with their article: “Callaway Golf Company (ELY) Ex-Dividend Date Scheduled for February 13, 2018” published on February 12, 2018, Businesswire.com published: “XG Sciences’ Graphene Technology Offers Callaway Golfers Distance Off the Tee …” on February 13, 2018. More interesting news about Callaway Golf Company (NYSE:ELY) were released by: Prnewswire.com and their article: “Callaway Golf Company to Broadcast Fourth Quarter and Full Year 2017 Financial …” published on February 01, 2018 as well as Prnewswire.com‘s news article titled: “Callaway Golf Company Announces Full Year 2017 Financial Results, Reflecting …” with publication date: February 07, 2018.

Callaway Golf Company (NYSE:ELY) Ratings Coverage

Among 16 analysts covering Callaway Golf (NYSE:ELY), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Callaway Golf had 43 analyst reports since August 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Friday, August 4. The firm earned “Outperform” rating on Wednesday, June 21 by FBR Capital. The firm has “Buy” rating by J.P. Morgan given on Thursday, December 14. The firm has “Outperform” rating given on Tuesday, May 23 by Imperial Capital. Forward View Consulting downgraded Callaway Golf Company (NYSE:ELY) on Saturday, August 5 to “Hold” rating. Cowen & Co maintained the stock with “Hold” rating in Tuesday, February 6 report. The company was maintained on Thursday, February 8 by Jefferies. Suntrust Robinson upgraded the stock to “Buy” rating in Friday, May 13 report. The stock has “Outperform” rating by Imperial Capital on Tuesday, March 15. KeyBanc Capital Markets maintained Callaway Golf Company (NYSE:ELY) rating on Friday, October 20. KeyBanc Capital Markets has “Buy” rating and $16.0 target.

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