BlackBerry Ltd (BB) Shares purchased via Two Sigma Advisers LP

Two Sigma Advisers LP boosted its place in shares of BlackBerry Ltd (NYSE:BB) by means of 106.1% all the way through the fourth quarter, in response to the enterprise in its most contemporary kind 13F filing with the SEC. The institutional investor owned 646,601 shares of the company's inventory after deciding to buy an extra 332,912 shares right through the quarter. Two Sigma Advisers LP owned about 0.12% of BlackBerry value $four,600,000 on the conclusion of the most fresh reporting duration.

a few other institutional buyers and hedge funds have additionally recently purchased and offered shares of BB. Two Sigma Investments LP lifted its holdings in shares of BlackBerry through 1,564.7% in the 4th quarter. Two Sigma Investments LP now owns 883,866 shares of the enterprise's inventory worth $6,289,000 after buying an further 830,770 shares throughout the ultimate quarter. Wealthcare Advisory partners LLC lifted its holdings in shares of BlackBerry by way of 10.2% within the 4th quarter. Wealthcare Advisory companions LLC now owns 46,891 shares of the enterprise's inventory price $333,000 after deciding to buy an further four,335 shares all through the remaining quarter. Geode Capital management LLC lifted its holdings in shares of BlackBerry by means of 44.3% in the 4th quarter. Geode Capital management LLC now owns 627,226 shares of the enterprise's inventory price $four,435,000 after purchasing an extra 192,538 shares all the way through the ultimate quarter. Di mensional Fund Advisors LP lifted its holdings in shares of BlackBerry through 12.three% within the 4th quarter. Dimensional Fund Advisors LP now owns 310,870 shares of the enterprise's stock price $2,210,000 after procuring an additional 34,072 shares all the way through the closing quarter. eventually, Hsbc Holdings PLC lifted its holdings in shares of BlackBerry by 35.1% in the 4th quarter. Hsbc Holdings PLC now owns 192,993 shares of the enterprise's stock worth $1,372,000 after deciding to buy an additional 50,095 shares all the way through the ultimate quarter. Institutional traders own 52.seventy one% of the enterprise's stock.

a number of analysts these days issued studies on the enterprise. CIBC reissued a "buy" score and issued a $13.00 rate goal on shares of BlackBerry in a document on Friday. TD Securities raised their price target on BlackBerry from $14.00 to $14.50 and gave the inventory a "buy" score in a document on Monday. Raymond James set a $eleven.00 goal price on BlackBerry and gave the enterprise a "market perform" ranking in a analysis report on Monday. Morgan Stanley restated an "equal weight" score and issued a $10.00 goal rate on shares of BlackBerry in a analysis file on Friday, March twenty second. eventually, TheStreet upgraded BlackBerry from a "d+" score to a "c-" ranking in a research record on Wednesday, March 13th. One investment analyst has rated the stock with a promote rating, six have issued a hang ranking, two have issued a buy ranking and one has issued a strong purchase score to the enterprise. BlackBerry presently has a consensus score of "gras p" and a consensus target expense of $10.60.

Shares of NYSE BB opened at $9.62 on Tuesday. The business has a debt-to-fairness ratio of 0.26, a short ratio of 6.77 and a latest ratio of 6.77. The company has a market capitalization of $5.52 billion, a P/E ratio of 74.00 and a beta of two.07. BlackBerry Ltd has a fifty two-week low of $6.57 and a fifty two-week high of $12.55.

BlackBerry (NYSE:BB) remaining issued its revenue effects on Friday, March twenty ninth. The enterprise said $0.eleven income per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.06 by means of $0.05. The enterprise had earnings of $257.00 million for the quarter, compared to analysts' expectations of $242.81 million. BlackBerry had a return on fairness of two.37% and a web margin of 10.29%. The business's quarterly salary become up 10.3% on a 12 months-over-yr basis. throughout the identical duration in the old yr, the enterprise posted $0.05 EPS.

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BlackBerry Profile

BlackBerry confined operates as an enterprise software and functions business focused on securing and managing endpoints in the cyber web of things. It presents BlackBerry business Mobility Suite, which combines and integrates cellular protection, administration, productiveness, and collaboration options, reminiscent of BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a comfy and networked crisis communications solution; SecuSUITE for govt, a voice encryption utility answer; BlackBerry business Consulting and BlackBerry Cybersecurity Consulting; and BBM commercial enterprise, an enterprise-grade at ease rapid messaging answer, in addition to Communications Platform as a provider.

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