Bitauto Holdings Limited (BITA) Institutional Ownership Summary

Bitauto Holdings Limited (NYSE:BITA) is now up 86.23% compared to a 12-month low of $16.56. We have seen the price to move 8.17% higher and get settled at $30.84 on 12/05/2017. At recent session, it appeared stuck in a range of $28.0513 to $31.23. This company shares are 47.21% off its target price of $45.4 and the current market capitalization stands at $2.24B. The recent change has given its price a -31.07% deficit over SMA 50 and -43.33% deficit over its 52-week high. The stock witnessed -35.76% declines, -15.51% declines and 2.73% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BITA’s volatility during a week at 8.82% and during a month it has been found around 7.56%.

Bitauto Holdings Limited (BITA) Top Holders

Institutional investors currently hold around $572 million or 30.8% in BITA stock. Look at its top three institutional owners. Cantillon Capital Management Llc owns $128.92 million in Bitauto Holdings Limited, which represents roughly 5.76% of the company’s market cap and approximately 22.54% of the institutional ownership. Similar statistics are true for the second largest owner, Carmignac Gestion, which owns 2,154,660 shares of the stock are valued at $61.43 million. The third largest holder is Platinum Investment Management Ltd, which currently holds $55.76 million worth of this stock and that ownership represents nearly 2.49% of its market capitalization.

Bitauto Holdings Limited 13F Filings

At the end of 09/30/2017 reporting period, 63 institutional holders increased their position in Bitauto Holdings Limited (NYSE:BITA) by some 7,690,849 shares, 28 decreased positions by 1,538,146 and 9 held positions by 10,841,067. That puts total institutional holdings at 20,070,062 shares, according to SEC filings. The stock grabbed 34 new institutional investments totaling 3,101,700 shares while 6 institutional investors sold out their entire positions totaling 262,297 shares.

Bitauto Holdings Limited (BITA) Analyst Guide

Several analysts have released their opinion on Bitauto Holdings Limited (NYSE:BITA), with 3 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.

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