Discussion stirs around SINA Corporation (NASDAQ:SINA) this week; here is what analysts are saying.

March 20, 2018 - By Stephen Andrade

 Discussion stirs around SINA Corporation (NASDAQ:SINA) this week; here is what analysts are saying.
Investors sentiment decreased to 1.24 in Q3 2017. Its down 0.41, from 1.65 in 2017Q2. It turned negative, as 21 investors sold SINA Corporation shares while 68 reduced holdings. 46 funds opened positions while 64 raised stakes. 45.93 million shares or 0.75% more from 45.59 million shares in 2017Q2 were reported.
Gratry & Communications Limited Liability holds 0.5% of its portfolio in SINA Corporation (NASDAQ:SINA) for 3,570 shares. Nippon Life Insur accumulated 752 shares or 0% of the stock. Highbridge Capital Ltd Liability Corp invested 0.09% of its portfolio in SINA Corporation (NASDAQ:SINA). Atria Invs Llc invested in 2,589 shares or 0.02% of the stock. Carroll Financial Assocs Incorporated holds 0% or 46 shares in its portfolio. Parametrica has 1.36% invested in SINA Corporation (NASDAQ:SINA). The New York-based Citigroup has invested 0% in SINA Corporation (NASDAQ:SINA). Voloridge Inv Mngmt Ltd Com holds 0.47% or 182,118 shares. L And S Advsrs Inc reported 4,700 shares. Tiaa Cref Investment Management Ltd holds 0.01% or 95,216 shares in its portfolio. Navellier Assoc, Nevada-based fund reported 2,142 shares. Alta Advisers reported 800 shares or 0.27% of all its holdings. Kbc Gp Nv holds 0.2% or 188,439 shares. Advsr Asset Mgmt invested in 0.01% or 3,901 shares. Oberweis Asset Mngmt Inc, a Illinois-based fund reported 15,550 shares.

SINA Corporation (NASDAQ:SINA) Ratings Coverage

Among 10 analysts covering Sina Corporation (NASDAQ:SINA), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Sina Corporation had 21 analyst reports since August 19, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 17 by Jefferies. The rating was maintained by Brean Capital with “Buy” on Thursday, November 19. The company was upgraded on Friday, July 22 by Jefferies. The firm has “Buy” rating by Citigroup given on Friday, August 5. The stock has “Buy” rating by Jefferies on Thursday, February 15. The rating was upgraded by CLSA on Wednesday, February 14 to “Buy”. JP Morgan maintained the stock with “Overweight” rating in Thursday, February 15 report. Goldman Sachs downgraded the shares of SINA in report on Monday, November 30 to “Neutral” rating. Jefferies maintained SINA Corporation (NASDAQ:SINA) rating on Thursday, August 10. Jefferies has “Buy” rating and $13700 target. Citigroup downgraded SINA Corporation (NASDAQ:SINA) on Thursday, October 29 to “Neutral” rating. Below is a list of SINA Corporation (NASDAQ:SINA) latest ratings and price target changes.

13/03/2018 Broker: Jefferies Rating: Buy New Target: $165.0 Maintain
15/02/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $175 New Target: $179 Maintain
15/02/2018 Broker: Jefferies Rating: Buy New Target: $168.0 Maintain
14/02/2018 Broker: Benchmark Rating: Buy New Target: $174.0
14/02/2018 Broker: CLSA Old Rating: Outperform New Rating: Buy Upgrade
23/01/2018 Broker: Jefferies Rating: Buy New Target: $175.0 Maintain
17/10/2017 Broker: Jefferies Rating: Buy New Target: $137.0 Maintain

The stock decreased 0.63% or $0.73 during the last trading session, reaching $116.07. About 547,487 shares traded. SINA Corporation (NASDAQ:SINA) has risen 139.34% since March 20, 2017 and is uptrending. It has outperformed by 122.64% the S&P500.

SINA Corporation, through its subsidiaries, operates as an online media firm in the PeopleÂ’s Republic of China. The company has market cap of $8.30 billion. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, entertainment, and education; and education, digital, fashion, eLadies, luxury, health, collectibles, travel, and other interest channels. It has a 55.54 P/E ratio. The firm also offers SINA mobile, a mobile portal, which provides news information and entertainment content from SINA.com for mobile users in mobile browser and application format.

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