Columbus Circle Investors boosted its position in Activision Blizzard, Inc (NASDAQ:ATVI) by 766.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 482,301 shares of the company’s stock after purchasing an additional 426,630 shares during the period. Columbus Circle Investors owned about 0.06% of Activision Blizzard worth $31,113,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the stock. BlackRock Inc. lifted its stake in Activision Blizzard by 0.5% in the 2nd quarter. BlackRock Inc. now owns 49,147,427 shares of the company’s stock valued at $2,829,418,000 after purchasing an additional 235,362 shares during the last quarter. Vanguard Group Inc. lifted its stake in Activision Blizzard by 4.8% in the 2nd quarter. Vanguard Group Inc. now owns 48,396,938 shares of the company’s stock valued at $2,786,211,000 after purchasing an additional 2,200,995 shares during the last quarter. State Street Corp lifted its stake in Activision Blizzard by 4.7% in the 2nd quarter. State Street Corp now owns 26,680,585 shares of the company’s stock valued at $1,536,010,000 after purchasing an additional 1,197,980 shares during the last quarter. Capital World Investors lifted its stake in Activision Blizzard by 23.8% in the 2nd quarter. Capital World Investors now owns 22,538,000 shares of the company’s stock valued at $1,297,513,000 after purchasing an additional 4,327,000 shares during the last quarter. Finally, Jennison Associates LLC lifted its stake in Activision Blizzard by 82.6% in the 2nd quarter. Jennison Associates LLC now owns 22,287,591 shares of the company’s stock valued at $1,283,097,000 after purchasing an additional 10,083,717 shares during the last quarter. Institutional investors and hedge funds own 86.15% of the company’s stock.

ATVI has been the topic of several research analyst reports. Morgan Stanley increased their price target on shares of Activision Blizzard from $70.00 to $72.00 and gave the company an “overweight” rating in a report on Friday, November 3rd. Barclays PLC initiated coverage on shares of Activision Blizzard in a report on Wednesday, October 4th. They issued an “equal weight” rating and a $65.00 price target on the stock. Vetr raised shares of Activision Blizzard from a “hold” rating to a “buy” rating and set a $64.25 price target on the stock in a report on Wednesday, September 27th. Credit Suisse Group reissued an “outperform” rating and issued a $67.00 price target (up from $62.00) on shares of Activision Blizzard in a report on Monday, July 24th. Finally, Wedbush increased their price target on shares of Activision Blizzard to $3.00 and gave the company an “outperform” rating in a report on Friday, August 4th. Six equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company’s stock. Activision Blizzard presently has an average rating of “Buy” and a consensus price target of $68.75.

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Shares of Activision Blizzard, Inc (ATVI) traded down $0.03 during trading on Friday, reaching $64.10. 4,116,771 shares of the company’s stock were exchanged, compared to its average volume of 6,769,283. Activision Blizzard, Inc has a 1 year low of $35.12 and a 1 year high of $67.03. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.25 and a quick ratio of 2.22. The firm has a market capitalization of $48,466.01, a price-to-earnings ratio of 29.14, a P/E/G ratio of 2.24 and a beta of 1.07.

Activision Blizzard Profile

Activision Blizzard, Inc is a developer and publisher of interactive entertainment content and services. The Company develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC) and mobile devices. Its segments include Activision Publishing, Inc (Activision), Blizzard Entertainment, Inc (Blizzard), King Digital Entertainment (King) and Other.

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Institutional Ownership by Quarter for Activision Blizzard (NASDAQ:ATVI)

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