Bank of America Reinstates Magna International Inc. (MGA) With $80 Price Target
On March 4, Bank of America reinstated coverage of Magna International Inc. (NYSE:MGA) with a Buy rating and a price target of $80.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Pzena Investment Management Richard S. Pzena | 29,113,582 | $2,130,240,774 | +1% | 6.38% |
| 2. | Arrowstreet Capital Peter Rathjens, Bruce Clarke And John Campbell | 4,487,583 | $239,203,773 | -8% | 0.14% |
| 3. | AQR Capital Management Cliff Asness | 1,662,407 | $88,623,665 | +9534% | 0.05% |
| 4. | GLG Partners Noam Gottesman | 591,178 | $31,554,805 | +22% | 0.05% |
| 5. | 435,600 | $23,217,480 | -28% | 0.04% |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 12,322,391 | $656,906,664 | 0.01% | |
| 2. | 11,929,452 | $635,839,000 | 0.1% | |
| 3. | 9,854,052 | $525,220,972 | 1.57% | |
| 4. | 7,755,088 | $413,419,664 | 0.31% | |
| 5. | 6,061,910 | $323,221,041 | 0.52% |