Bank of New York Mellon Corp decreased its holdings in shares of Eros International plc (NYSE:EROS) by 6.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 103,065 shares of the company’s stock after selling 7,677 shares during the period. Bank of New York Mellon Corp owned approximately 0.21% of Eros International worth $1,473,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Boston Common Asset Management LLC raised its position in shares of Eros International by 4.5% during the 2nd quarter. Boston Common Asset Management LLC now owns 21,675 shares of the company’s stock valued at $248,000 after acquiring an additional 930 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of Eros International by 36.4% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 30,135 shares of the company’s stock valued at $345,000 after buying an additional 8,041 shares during the period. Van ECK Associates Corp grew its holdings in shares of Eros International by 31.4% in the 2nd quarter. Van ECK Associates Corp now owns 273,294 shares of the company’s stock valued at $912,000 after buying an additional 65,253 shares during the period. State Street Corp grew its holdings in shares of Eros International by 7.1% in the 2nd quarter. State Street Corp now owns 524,135 shares of the company’s stock valued at $6,002,000 after buying an additional 34,838 shares during the period. Finally, Gilder Gagnon Howe & Co. LLC grew its holdings in shares of Eros International by 64.7% in the 3rd quarter. Gilder Gagnon Howe & Co. LLC now owns 4,128,989 shares of the company’s stock valued at $59,045,000 after buying an additional 1,621,460 shares during the period. Institutional investors own 60.49% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Jefferies Group reissued a “buy” rating and issued a $17.00 price target (up previously from $15.00) on shares of Eros International in a report on Monday, October 9th. BidaskClub lowered shares of Eros International from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th. Wells Fargo & Co reissued an “outperform” rating and issued a $17.00 price target (up previously from $16.00) on shares of Eros International in a report on Monday, October 9th. Zacks Investment Research lowered shares of Eros International from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 10th. Finally, ValuEngine lowered shares of Eros International from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. Eros International has a consensus rating of “Hold” and an average target price of $17.00.

Eros International plc (EROS) opened at $10.20 on Thursday. Eros International plc has a fifty-two week low of $6.65 and a fifty-two week high of $16.90. The stock has a market cap of $618.51, a price-to-earnings ratio of 247.56, a PEG ratio of 3.38 and a beta of 0.56. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.44 and a quick ratio of 1.44.

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Eros International Profile

Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.

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Institutional Ownership by Quarter for Eros International (NYSE:EROS)

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