Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Here is What Hedge Funds Think About E-House (China) Holdings Limited (ADR) (EJ)

E-House (China) Holdings Limited (ADR) (NYSE:EJ)E-House (China) Holdings Limited (ADR) (NYSE:EJ) was in 8 hedge funds’ portfolio at the end of December. EJ has seen a decrease in hedge fund sentiment in recent months. There were 8 hedge funds in our database with EJ positions at the end of the previous quarter.

At the moment, there are dozens of methods shareholders can use to track Mr. Market. A duo of the best are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the best fund managers can beat their index-focused peers by a superb margin (see just how much).

Just as important, bullish insider trading activity is a second way to break down the investments you’re interested in. Obviously, there are plenty of incentives for a bullish insider to get rid of shares of his or her company, but only one, very clear reason why they would initiate a purchase. Various empirical studies have demonstrated the market-beating potential of this tactic if investors understand where to look (learn more here).

Now, it’s important to take a gander at the recent action surrounding E-House (China) Holdings Limited (ADR) (NYSE:EJ).

Hedge fund activity in E-House (China) Holdings Limited (ADR) (NYSE:EJ)

In preparation for this year, a total of 8 of the hedge funds we track held long positions in this stock, a change of 0% from the third quarter. With hedge funds’ capital changing hands, there exists an “upper tier” of noteworthy hedge fund managers who were upping their holdings significantly.

Of the funds we track, Orbis Investment Management, managed by William B. Gray, holds the largest position in E-House (China) Holdings Limited (ADR) (NYSE:EJ). Orbis Investment Management has a $70.7 million position in the stock, comprising 0.7% of its 13F portfolio. Coming in second is Platinum Asset Management, managed by Kerr Neilson, which held a $25.3 million position; 0.6% of its 13F portfolio is allocated to the stock. Some other hedge funds that are bullish include Chuck Royce’s Royce & Associates, Jim Simons’s Renaissance Technologies and Israel Englander’s Millennium Management.

Since E-House (China) Holdings Limited (ADR) (NYSE:EJ) has experienced bearish interest from the smart money, logic holds that there is a sect of money managers that slashed their positions entirely at the end of the year. Intriguingly, Ken Griffin’s Citadel Investment Group said goodbye to the largest stake of the 450+ funds we monitor, valued at about $0.2 million in stock. These transactions are intriguing to say the least, as total hedge fund interest stayed the same (this is a bearish signal in our experience).

How are insiders trading E-House (China) Holdings Limited (ADR) (NYSE:EJ)?

Insider trading activity, especially when it’s bullish, is at its handiest when the primary stock in question has seen transactions within the past 180 days. Over the latest 180-day time period, E-House (China) Holdings Limited (ADR) (NYSE:EJ) has seen zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).

Let’s also take a look at hedge fund and insider activity in other stocks similar to E-House (China) Holdings Limited (ADR) (NYSE:EJ). These stocks are Agree Realty Corporation (NYSE:ADC), Homex Development Corp. (ADR) (NYSE:HXM), Tejon Ranch Company (NYSE:TRC), and Campus Crest Communities Inc (NYSE:CCG). This group of stocks are in the property management industry and their market caps are similar to EJ’s market cap.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...