Web.com Group, Inc. (WEB) Forms $22.55 Double Top; Gotham Asset Management Trimmed Its Digital Rlty Tr (DLR) Holding

January 7, 2018 - By Annabelle Johnson

Web.com Group, Inc. (WEB) formed double top with $24.35 target or 8.00% above today’s $22.55 share price. Web.com Group, Inc. (WEB) has $1.10 billion valuation. The stock increased 0.45% or $0.1 during the last trading session, reaching $22.55. About 152,513 shares traded. Web.com Group, Inc. (NASDAQ:WEB) has risen 26.30% since January 7, 2017 and is uptrending. It has outperformed by 9.60% the S&P500.

Gotham Asset Management Llc decreased Digital Rlty Tr Inc (DLR) stake by 59.81% reported in 2017Q3 SEC filing. Gotham Asset Management Llc sold 6,047 shares as Digital Rlty Tr Inc (DLR)’s stock rose 10.26%. The Gotham Asset Management Llc holds 4,064 shares with $481,000 value, down from 10,111 last quarter. Digital Rlty Tr Inc now has $24.15B valuation. The stock increased 0.64% or $0.72 during the last trading session, reaching $113. About 1.07M shares traded. Digital Realty Trust, Inc. (NYSE:DLR) has risen 23.90% since January 7, 2017 and is uptrending. It has outperformed by 7.20% the S&P500.

Among 4 analysts covering Web.com Group (NASDAQ:WEB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Web.com Group has $24 highest and $20 lowest target. $22.33’s average target is -0.98% below currents $22.55 stock price. Web.com Group had 7 analyst reports since December 30, 2015 according to SRatingsIntel. As per Wednesday, October 19, the company rating was initiated by Cantor Fitzgerald. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, May 6. The stock of Web.com Group, Inc. (NASDAQ:WEB) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, February 16. The firm earned “Buy” rating on Friday, February 12 by Suntrust Robinson. The firm has “Neutral” rating by Suntrust Robinson given on Wednesday, December 30. The company was upgraded on Tuesday, January 19 by Craig Hallum. The stock has “Hold” rating by Suntrust Robinson on Friday, November 4.

Analysts await Web.com Group, Inc. (NASDAQ:WEB) to report earnings on February, 8. They expect $0.20 earnings per share, down 67.74% or $0.42 from last year’s $0.62 per share. WEB’s profit will be $9.75 million for 28.19 P/E if the $0.20 EPS becomes a reality. After $0.16 actual earnings per share reported by Web.com Group, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Analysts await Digital Realty Trust, Inc. (NYSE:DLR) to report earnings on February, 15. They expect $1.52 EPS, up 6.29% or $0.09 from last year’s $1.43 per share. DLR’s profit will be $324.80 million for 18.59 P/E if the $1.52 EPS becomes a reality. After $1.51 actual EPS reported by Digital Realty Trust, Inc. for the previous quarter, Wall Street now forecasts 0.66% EPS growth.

Investors sentiment increased to 2.06 in 2017 Q3. Its up 1.03, from 1.03 in 2017Q2. It improved, as 44 investors sold DLR shares while 119 reduced holdings. 95 funds opened positions while 241 raised stakes. 198.28 million shares or 22.83% more from 161.43 million shares in 2017Q2 were reported. Axa stated it has 0% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR). Rothschild Inv Corporation Il, a Illinois-based fund reported 2,687 shares. Bowling Port Mngmt Ltd Liability Com, Ohio-based fund reported 6,023 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh invested in 28,192 shares. Umb Comml Bank N A Mo holds 14,887 shares or 0.06% of its portfolio. Holderness Invests has invested 0.16% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR). Archford Strategies Limited Liability has 5,210 shares. Weaver C Barksdale And reported 1.63% stake. 1.56 million are held by Royal Bancorp Of Canada. Commerzbank Aktiengesellschaft Fi reported 0% stake. Heritage Mngmt, Maryland-based fund reported 2,730 shares. Thompson Davis & Incorporated holds 60 shares or 0.01% of its portfolio. Balyasny Asset Management Limited Liability holds 0.16% in Digital Realty Trust, Inc. (NYSE:DLR) or 335,225 shares. Cibc Comml Bank Usa holds 0.03% or 1,914 shares in its portfolio. Greenleaf Tru reported 51 shares.

Since August 16, 2017, it had 0 buys, and 1 sale for $3.00 million activity. Another trade for 25,733 shares valued at $3.00M was sold by Sharp Christopher.

Gotham Asset Management Llc increased Kennametal Inc (NYSE:KMT) stake by 262,431 shares to 307,373 valued at $12.40 million in 2017Q3. It also upped Cdk Global Inc (NASDAQ:CDK) stake by 103,902 shares and now owns 222,961 shares. General Mtrs Co (NYSE:GM) was raised too.