News Formal

Hedge funds loaded up on financial and tech stocks in the first quarter—Here's what they picked

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 72%

DXC Technology Co Новости

TPG Inc,Avis Budget Group Inc,Spirit Aerosystems Holdings Inc

These stocks saw the most increases in hedge fund ownership over the past quarter.

Hedge funds added more exposure to financial and tech names in the last quarter, according to Morgan Stanley. In a recent report, the bank examined the latest form 13F filings with the Securities and Exchange Commission by large investors to find stocks with the greatest ownership increases. Strategist Todd Castagno noted that this was a beneficial exercise for investors who want to get ahead of the game.

Earlier this week, UBS upgraded shares of Universal Health Services to a buy rating from neutral. "We expect UHS to return to its longer term trend of 3-4% volume growth in the segment. Pricing should also remain strong, which will make up for any bumps in the road on the volume side," wrote analyst A.J. Rice. Hedge funds have recently increased their ownership shares in retailer Bath & Body Works by 2.5%.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

A chip stock hedge if the AI trend cools off a bit following Nvidia's earningsJeff Kilburg believes the AI theme could be due for a breather.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »