Gilder Gagnon Howe & Co. LLC increased its position in shares of Eros International PLC (NYSE:EROS) by 64.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,128,989 shares of the company’s stock after purchasing an additional 1,621,460 shares during the quarter. Gilder Gagnon Howe & Co. LLC owned approximately 8.55% of Eros International PLC worth $59,045,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of EROS. Van ECK Associates Corp lifted its stake in shares of Eros International PLC 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 purchasing an additional 65,253 shares during the last quarter. State Street Corp lifted its stake in Eros International PLC by 7.1% during the 2nd quarter. State Street Corp now owns 524,135 shares of the company’s stock worth $6,002,000 after acquiring an additional 34,838 shares in the last quarter. Tudor Investment Corp ET AL acquired a new position in Eros International PLC during the 1st quarter worth about $256,000. Parametric Portfolio Associates LLC lifted its stake in Eros International PLC by 36.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 30,135 shares of the company’s stock worth $345,000 after acquiring an additional 8,041 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Eros International PLC by 3.4% during the 1st quarter. Bank of New York Mellon Corp now owns 119,483 shares of the company’s stock worth $1,230,000 after acquiring an additional 3,897 shares in the last quarter. Institutional investors own 59.03% of the company’s stock.
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Several equities research analysts have weighed in on the company. BidaskClub upgraded Eros International PLC from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. ValuEngine downgraded Eros International PLC from a “hold” rating to a “sell” rating in a report on Friday, October 27th. Zacks Investment Research cut Eros International PLC from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 10th. Wells Fargo & Company reissued an “outperform” rating and issued a $17.00 price target (up from $16.00) on shares of Eros International PLC in a report on Monday, October 9th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $17.00 price objective (up from $15.00) on shares of Eros International PLC in a report on Monday, October 9th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $17.00.
Eros International PLC (NYSE EROS) remained flat at $$13.35 during mid-day trading on Wednesday. 279,400 shares of the stock were exchanged, compared to its average volume of 512,593. The stock has a market cap of $644.53, a PE ratio of 1,335.00, a P/E/G ratio of 4.24 and a beta of 0.57. Eros International PLC has a 12-month low of $6.65 and a 12-month high of $17.30. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.30 and a quick ratio of 1.30.
Eros International PLC (NYSE:EROS) last issued its quarterly earnings data on Friday, October 6th. The company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). The company had revenue of $60.83 million for the quarter. Eros International PLC had a return on equity of 0.03% and a net margin of 0.20%. equities research analysts anticipate that Eros International PLC will post 0.21 EPS for the current year.
About Eros International PLC
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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