Wolfe Research Initiates Coverage of Lyft (WBAG:LYFT) with Peer Perform Recommendation

Fintel reports that on July 16, 2024, Wolfe Research initiated coverage of Lyft (WBAG:LYFT) with a Peer Perform recommendation.

What is the Fund Sentiment?

There are 685 funds or institutions reporting positions in Lyft. This is an increase of 48 owner(s) or 7.54% in the last quarter. Average portfolio weight of all funds dedicated to LYFT is 0.22%, an increase of 2.44%. Total shares owned by institutions increased in the last three months by 6.02% to 337,782K shares.

What are Other Shareholders Doing?

AT:LYFT / Lyft, Inc. Shares Held by Institutions

FBGRX - Fidelity Blue Chip Growth Fund holds 21,735K shares representing 5.39% ownership of the company. No change in the last quarter.

Ubs Asset Management Americas holds 19,824K shares representing 4.91% ownership of the company. In its prior filing, the firm reported owning 18,817K shares , representing an increase of 5.08%. The firm decreased its portfolio allocation in LYFT by 82.30% over the last quarter.

D. E. Shaw holds 11,230K shares representing 2.78% ownership of the company. In its prior filing, the firm reported owning 9,528K shares , representing an increase of 15.15%. The firm increased its portfolio allocation in LYFT by 11.66% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 10,563K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 10,358K shares , representing an increase of 1.94%. The firm increased its portfolio allocation in LYFT by 20.01% over the last quarter.

NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 8,480K shares representing 2.10% ownership of the company. In its prior filing, the firm reported owning 8,319K shares , representing an increase of 1.91%. The firm increased its portfolio allocation in LYFT by 21.24% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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