Line Corp (LN) Position Boosted by Aperio Group LLC

Aperio Group LLC lifted its holdings in Line Corp (NYSE:LN) by 46.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,250 shares of the technology company’s stock after purchasing an additional 23,789 shares during the period. Aperio Group LLC’s holdings in Line were worth $3,084,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Tremblant Capital Group boosted its holdings in Line by 18.7% in the 3rd quarter. Tremblant Capital Group now owns 2,594,156 shares of the technology company’s stock worth $93,908,000 after buying an additional 409,057 shares during the last quarter. Macquarie Group Ltd. boosted its holdings in Line by 1.5% in the 3rd quarter. Macquarie Group Ltd. now owns 797,176 shares of the technology company’s stock worth $28,858,000 after buying an additional 11,634 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in Line by 20.5% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 62,708 shares of the technology company’s stock worth $2,181,000 after buying an additional 10,662 shares during the last quarter. Eqis Capital Management Inc. boosted its holdings in Line by 67.5% in the 4th quarter. Eqis Capital Management Inc. now owns 35,819 shares of the technology company’s stock worth $1,468,000 after buying an additional 14,435 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. boosted its holdings in Line by 6.7% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 31,005 shares of the technology company’s stock worth $1,122,000 after buying an additional 1,946 shares during the last quarter. Hedge funds and other institutional investors own 3.61% of the company’s stock.

Several equities research analysts recently issued reports on the company. ValuEngine upgraded Line from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. UBS Group upgraded Line from a “sell” rating to a “neutral” rating in a report on Tuesday, October 31st. Zacks Investment Research cut Line from a “hold” rating to a “sell” rating in a report on Wednesday, January 31st. Deutsche Bank upgraded Line from a “hold” rating to a “buy” rating in a report on Wednesday, October 25th. Finally, CLSA upgraded Line from a “sell” rating to an “underperform” rating in a report on Thursday, January 11th. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $47.00.

Line Corp (LN) opened at $41.87 on Monday. Line Corp has a twelve month low of $30.90 and a twelve month high of $47.81.

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Line Profile

LINE Corporation is a Japan-based company mainly engaged in the operation of LINE business portal business. Its LINE business portal segment includes communication and content service and advertising service. Communication and content service provides communication, contents and other services, such as LINE Pay, LINE FRIENDS and LINE Mobile.

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Institutional Ownership by Quarter for Line (NYSE:LN)

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