Weibo Corporation $WB Shares Acquired by Grantham Mayo Van Otterloo & Co. LLC

Key Points

• Grantham Mayo Van Otterloo & Co. LLC increased its stake in Weibo by 99.8% in Q3 to 1,045,801 shares (about 0.43% of the company) valued at roughly $12.97 million.
• Institutional ownership is high at 68.77%, with several firms (including Daiwa, AQR and Canada Life) starting or adding small positions in recent quarters.
• Analysts show mixed views—one Buy and one Hold leading to a consensus rating of “Moderate Buy” with a $14 target, while Weiss Ratings reissued a “hold (c)” on the stock.

Grantham Mayo Van Otterloo & Co. LLC raised its stake in Weibo Corporation (NASDAQ:WB - Free Report) by 99.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,045,801 shares of the information services provider's stock after purchasing an additional 522,400 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned about 0.43% of Weibo worth $12,968,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Daiwa Securities Group Inc. acquired a new position in shares of Weibo during the second quarter worth $61,000. AQR Capital Management LLC acquired a new stake in Weibo during the 1st quarter valued at $117,000. Fox Run Management L.L.C. purchased a new stake in Weibo during the 2nd quarter worth $136,000. Savant Capital LLC purchased a new stake in Weibo during the 3rd quarter worth $153,000. Finally, CANADA LIFE ASSURANCE Co acquired a new position in Weibo in the 2nd quarter worth $155,000. Institutional investors and hedge funds own 68.77% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "hold (c)" rating on shares of Weibo in a research report on Wednesday, January 21st. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $14.00.

Weibo Stock Performance

Shares of WB opened at $9.54 on Monday. The business's fifty day moving average price is $10.37 and its 200 day moving average price is $10.86. Weibo Corporation has a 12-month low of $7.10 and a 12-month high of $12.96. The stock has a market capitalization of $2.33 billion, a PE ratio of 5.42, a price-to-earnings-growth ratio of 5.11 and a beta of 0.13. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.35 and a quick ratio of 3.35.

About Weibo

Weibo Corporation operates one of China’s leading social media and microblogging platforms under the brand name Weibo. Launched in August 2009 by Sina Corporation, Weibo enables users to create, share and engage with short-form posts in real time. The platform supports text, images, videos and live streams, and offers features such as trending topics, hashtag campaigns and public discussion forums to facilitate user interaction and content discovery.

Weibo’s product suite extends beyond basic social networking to include digital content services such as live streaming, online games, value-added messaging and e-commerce integrations.

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