MainStay DefinedTerm Municipal Opportunities Fund (MMD) Forms $20.01 Double Top; Tobam Cut Electronic Arts (EA) Position

Tobam decreased Electronic Arts Inc (EA) stake by 19.38% reported in 2017Q3 SEC filing. Tobam sold 126,205 shares as Electronic Arts Inc (EA)’s stock rose 23.30%. The Tobam holds 525,158 shares with $62.00M value, down from 651,363 last quarter. Electronic Arts Inc now has $34.86B valuation. The stock increased 0.74% or $0.83 during the last trading session, reaching $113.22. About 4.58M shares traded or 26.72% up from the average. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since January 9, 2017 and is uptrending. It has outperformed by 29.75% the S&P500.

MainStay DefinedTerm Municipal Opportunities Fund (MMD) formed double top with $21.81 target or 9.00% above today’s $20.01 share price. MainStay DefinedTerm Municipal Opportunities Fund (MMD) has $ valuation. The stock increased 0.55% or $0.11 during the last trading session, reaching $20.01. About 37,844 shares traded. MainStay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) has declined 0.25% since January 9, 2017 and is downtrending. It has underperformed by 16.95% the S&P500.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.73, from 1.9 in 2017Q2. It is negative, as 3 investors sold MainStay DefinedTerm Municipal Opportunities Fund shares while 9 reduced holdings. 3 funds opened positions while 11 raised stakes. 3.61 million shares or 1.77% more from 3.55 million shares in 2017Q2 were reported. Stratos Wealth Prtnrs Ltd, a Ohio-based fund reported 34,850 shares. Next Fincl stated it has 434 shares or 0% of all its holdings. Summit Financial Wealth Llc reported 26,550 shares. 14,539 are held by Lpl Financial Ltd Com. Wells Fargo And Mn holds 0% or 158,442 shares. Bank Of America De owns 918,542 shares. Moreover, Regal Investment Advsrs Llc has 0.11% invested in MainStay DefinedTerm Municipal Opportunities Fund (NYSE:MMD). 537,027 were reported by Morgan Stanley. Janney Montgomery Scott Ltd Limited Liability Company owns 26,871 shares or 0.01% of their US portfolio. Moreover, Invesco Ltd has 0% invested in MainStay DefinedTerm Municipal Opportunities Fund (NYSE:MMD) for 198,847 shares. Advisory Networks Lc has invested 0.06% in MainStay DefinedTerm Municipal Opportunities Fund (NYSE:MMD). Usca Ria Lc invested in 73,206 shares. Spectrum Group Incorporated holds 7,600 shares. Van Eck Assoc holds 0.01% or 56,969 shares in its portfolio. The Colorado-based Advsrs Asset has invested 0.09% in MainStay DefinedTerm Municipal Opportunities Fund (NYSE:MMD).

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.12, from 1.03 in 2017Q2. It is positive, as 35 investors sold EA shares while 217 reduced holdings. 72 funds opened positions while 218 raised stakes. 281.04 million shares or 1.59% less from 285.59 million shares in 2017Q2 were reported. Gateway Invest Advisers Limited Liability holds 0.02% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 20,084 shares. Twin Tree Mngmt LP holds 6,340 shares or 0.01% of its portfolio. Prudential Public Limited Liability reported 3,749 shares. Moreover, Fin Mngmt Professionals has 0.02% invested in Electronic Arts Inc. (NASDAQ:EA) for 400 shares. Verition Fund Ltd reported 0.09% stake. Cetera Advisor Networks Limited Liability Company invested in 0.03% or 5,686 shares. Maverick Ltd reported 42,280 shares. State Board Of Administration Of Florida Retirement System has invested 0.15% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Barclays Public reported 371,961 shares. Checchi Capital Advisers Llc reported 0.03% stake. Nationwide Fund holds 472,655 shares or 0.22% of its portfolio. Old Mutual Glob (Uk) Limited holds 0.73% or 589,759 shares in its portfolio. Bancorp Of Stockton holds 14,100 shares. Fox Point Capital Management Lc holds 6.21% or 12,500 shares in its portfolio. 16,890 were reported by Rafferty Asset Mngmt Ltd.

Tobam increased Annaly Capital Management Inc (NYSE:NLY) stake by 281,860 shares to 645,179 valued at $7.87 million in 2017Q3. It also upped Cvs Caremark Corp (NYSE:CVS) stake by 72,034 shares and now owns 375,082 shares. Autohome Inc (NYSE:ATHM) was raised too.

Analysts await Electronic Arts Inc. (NASDAQ:EA) to report earnings on January, 30. They expect $2.06 earnings per share, down 15.92% or $0.39 from last year’s $2.45 per share. EA’s profit will be $634.32 million for 13.74 P/E if the $2.06 EPS becomes a reality. After $0.50 actual earnings per share reported by Electronic Arts Inc. for the previous quarter, Wall Street now forecasts 312.00% EPS growth.