Empowered Funds LLC Reduces Holdings in Spotify Technology S.A. (NYSE:SPOT) – Journal Today Online

Empowered Funds LLC down its function in shares of Spotify Technology S.A. (NYSE:SPOT – Free Report) by 1.4% during the prototypal quarter, according to its most past revealing with the Securities & Exchange Commission. The concern owned 19,094 shares of the company’s hit after commerce 271 shares during the period. Empowered Funds LLC’s holdings in Spotify Technology were worth $5,039,000 as of its most past SEC filing.

A sort of another inclose assets also fresh prefabricated changes to their positions in SPOT. Larson Financial Group LLC accumulated its wager in shares of Spotify Technology by 86.0% in the prototypal quarter. Larson Financial Group LLC today owns 93 shares of the company’s hit worth $25,000 after purchase an added 43 shares during the terminal quarter. Lindbrook Capital LLC accumulated its wager in shares of Spotify Technology by 32.3% in the ordinal quarter. Lindbrook Capital LLC today owns 205 shares of the company’s hit worth $39,000 after purchase an added 50 shares during the terminal quarter. Signaturefd LLC accumulated its wager in shares of Spotify Technology by 4.4% in the ordinal quarter. Signaturefd LLC today owns 1,222 shares of the company’s hit worth $230,000 after purchase an added 51 shares during the terminal quarter. Summit Trail Advisors LLC accumulated its wager in shares of Spotify Technology by 3.5% in the ordinal quarter. Summit Trail Advisors LLC today owns 1,664 shares of the company’s hit worth $313,000 after purchase an added 56 shares during the terminal quarter. Finally, Private Trust Co. NA accumulated its wager in shares of Spotify Technology by 18.4% in the ordinal quarter. Private Trust Co. NA today owns 367 shares of the company’s hit worth $69,000 after purchase an added 57 shares during the terminal quarter. Hedge assets and another institutionalised investors possess 84.09% of the company’s stock.

Analyst Upgrades and Downgrades

SPOT has been the person of a sort of investigate reports. Loop Capital raised their toll neutral on shares of Spotify Technology from $165.00 to $250.00 and gave the hit a “hold” judgement in a inform on Monday, Apr 22nd. Jefferies Financial Group reaffirmed a “buy” judgement and issued a $385.00 toll neutral (up previously from $242.00) on shares of Spotify Technology in a inform on Thursday. Redburn ocean restated a “sell” judgement and ordered a $230.00 toll neutral on shares of Spotify Technology in a investigate state on Wednesday. Rosenblatt Securities restated a “buy” judgement and ordered a $396.00 toll neutral on shares of Spotify Technology in a investigate state on Tuesday, June 4th. Finally, Deutsche Bank Aktiengesellschaft raised their toll neutral on shares of Spotify Technology from $260.00 to $340.00 and gave the consort a “buy” judgement in a investigate state on Wednesday, Apr 17th. One assets shrink has rated the hit with a delude rating, heptad hit issued a stop judgement and note hit appointed a acquire judgement to the company. According to MarketBeat, the hit currently has an cipher judgement of “Moderate Buy” and a consensus toll direct of $323.22.

Check Out Our Latest Report on Spotify Technology

Spotify Technology Stock Up 0.4 %

NYSE:SPOT unsealed at $302.27 on Friday. Spotify Technology S.A. has a fifty-two hebdomad baritone of $129.23 and a fifty-two hebdomad broad of $331.08. The stock’s 50-day agitated cipher is $308.47 and its two-hundred period agitated cipher is $269.18.

Spotify Technology (NYSE:SPOT – Get Free Report) terminal free its earnings results on Tuesday, Apr 23rd. The consort reportable $1.05 earnings per deal for the quarter, fighting the consensus judge of $0.63 by $0.42. Spotify Technology had a perverse convey on justness of 4.39% and a perverse gain edge of 0.80%. The consort had income of $3.95 1000000000 for the quarter, compared to analysts’ expectations of $3.87 billion. During the aforementioned lodge in the preceding year, the playing posted ($1.24) EPS. As a group, investigate analysts wait that Spotify Technology S.A. module place 5.02 EPS for the underway year.

Spotify Technology Profile

(Free Report)

Spotify Technology SA, unitedly with its subsidiaries, provides frequence moving subscription services worldwide. It operates finished digit segments, Premium and Ad-Supported. The Premium portion offers oceanic online and offline moving admittance to its class of penalization and podcasts without advertizement breaks to its subscribers.

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