Aperio Group LLC boosted its stake in shares of LINE Corporation (NYSE:LN) by 24.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,461 shares of the technology company’s stock after buying an additional 10,245 shares during the quarter. Aperio Group LLC’s holdings in LINE Corporation were worth $1,863,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Advisor Group Inc. lifted its holdings in LINE Corporation by 103.9% during the 2nd quarter. Advisor Group Inc. now owns 3,293 shares of the technology company’s stock worth $115,000 after buying an additional 1,678 shares during the period. Citigroup Inc. lifted its stake in shares of LINE Corporation by 0.9% in the 2nd quarter. Citigroup Inc. now owns 304,708 shares of the technology company’s stock valued at $10,598,000 after purchasing an additional 2,692 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in shares of LINE Corporation by 11.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 29,059 shares of the technology company’s stock valued at $1,011,000 after purchasing an additional 3,000 shares during the period. Eqis Capital Management Inc. lifted its stake in shares of LINE Corporation by 19.7% in the 3rd quarter. Eqis Capital Management Inc. now owns 21,384 shares of the technology company’s stock valued at $774,000 after purchasing an additional 3,518 shares during the period. Finally, Pacad Investment Ltd. acquired a new position in shares of LINE Corporation in the 2nd quarter valued at about $160,000. 3.66% of the stock is currently owned by hedge funds and other institutional investors.

LINE Corporation (NYSE LN) opened at $43.36 on Wednesday. LINE Corporation has a 52 week low of $30.90 and a 52 week high of $44.16.

A number of brokerages have recently issued reports on LN. ValuEngine raised LINE Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Zacks Investment Research raised LINE Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th. UBS AG raised LINE Corporation from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 31st. Deutsche Bank AG raised LINE Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, October 25th. Finally, BNP Paribas downgraded LINE Corporation from a “hold” rating to a “reduce” rating in a research note on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. LINE Corporation has an average rating of “Hold” and a consensus target price of $39.00.

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About LINE Corporation

LINE Corporation is a Japan-based company mainly engaged in the operation of LINE business portal business. Its LINE business portal segment includes communication and content service and advertising service. Communication and content service provides communication, contents and other services, such as LINE Pay, LINE FRIENDS and LINE Mobile.

Institutional Ownership by Quarter for LINE Corporation (NYSE:LN)

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