Mobileye N.V. (MBLY) Holdings Lifted by Lazard Asset Management LLC
Lazard Asset Management LLC raised its holdings in shares of Mobileye N.V. (NYSE:MBLY) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,842 shares of the software maker’s stock after buying an additional 76 shares during the period. Lazard Asset Management LLC’s holdings in Mobileye N.V. were worth $555,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp raised its stake in shares of Mobileye N.V. by 10.4% during the first quarter. Bank of New York Mellon Corp now owns 450,859 shares of the software maker’s stock valued at $27,683,000 after acquiring an additional 42,488 shares in the last quarter. Comerica Bank raised its stake in shares of Mobileye N.V. by 0.6% during the first quarter. Comerica Bank now owns 18,481 shares of the software maker’s stock valued at $1,145,000 after acquiring an additional 118 shares in the last quarter. UBS Asset Management Americas Inc. raised its stake in shares of Mobileye N.V. by 13.0% during the first quarter. UBS Asset Management Americas Inc. now owns 360,353 shares of the software maker’s stock valued at $22,126,000 after acquiring an additional 41,365 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Mobileye N.V. by 26.3% during the first quarter. Parametric Portfolio Associates LLC now owns 135,356 shares of the software maker’s stock valued at $8,311,000 after acquiring an additional 28,149 shares in the last quarter. Finally, M&T Bank Corp bought a new stake in shares of Mobileye N.V. during the first quarter valued at approximately $292,000. Institutional investors and hedge funds own 60.95% of the company’s stock.
MBLY has been the subject of several research analyst reports. Jefferies Group LLC reaffirmed a “hold” rating and set a $63.54 price target on shares of Mobileye N.V. in a research note on Wednesday, May 31st. BidaskClub raised shares of Mobileye N.V. from a “sell” rating to a “hold” rating in a research note on Friday, June 9th. Two equities research analysts have rated the stock with a sell rating, twenty-one have given a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $55.30.
Mobileye N.V. (MBLY) opened at 62.67 on Thursday. The stock’s 50 day moving average price is $63.15 and its 200-day moving average price is $61.19. Mobileye N.V. has a 12 month low of $33.69 and a 12 month high of $63.56. The firm has a market capitalization of $13.91 billion, a P/E ratio of 122.88 and a beta of 0.90.
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Mobileye N.V. Profile
Mobileye N.V. is engaged in the development of computer vision and machine learning-based sensing, mapping and driving policy technology for advanced driver assistance systems and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing, which supplies the software algorithms and EyeQ chip, and After Market, which sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.
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