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Astrazeneca Plc (Call) (AZN) Share Price Rose While Wolverine Asset Management Has Upped Holding by $5.37 Million; Fifth Third Bancorp Com (FITB) Shareholder North Star Investment Management Has Lowered Its Stake

North Star Investment Management Corp decreased its stake in Fifth Third Bancorp Com (FITB) by 72.73% based on its latest 2017Q2 regulatory filing with the SEC. North Star Investment Management Corp sold 17,892 shares as the company’s stock declined 12.20% while stock markets rallied. The institutional investor held 6,710 shares of the major banks company at the end of 2017Q2, valued at $174,000, down from 24,602 at the end of the previous reported quarter. North Star Investment Management Corp who had been investing in Fifth Third Bancorp Com for a number of months, seems to be less bullish one the $21.13 billion market cap company. The stock decreased 1.67% or $0.51 during the last trading session, reaching $29.94. About 6.76M shares traded or 27.71% up from the average. Fifth Third Bancorp (NASDAQ:FITB) has risen 33.30% since December 14, 2016 and is uptrending. It has outperformed by 16.60% the S&P500.

Wolverine Asset Management Llc increased its stake in Astrazeneca Plc (Call) (AZN) by 34.02% based on its latest 2017Q2 regulatory filing with the SEC. Wolverine Asset Management Llc bought 157,800 shares as the company’s stock rose 16.26% with the market. The hedge fund held 621,600 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $21.19M, up from 463,800 at the end of the previous reported quarter. Wolverine Asset Management Llc who had been investing in Astrazeneca Plc (Call) for a number of months, seems to be bullish on the $81.95B market cap company. The stock increased 0.45% or $0.15 during the last trading session, reaching $33.57. About 4.97 million shares traded or 39.72% up from the average. AstraZeneca PLC (NYSE:AZN) has risen 19.45% since December 14, 2016 and is uptrending. It has outperformed by 2.75% the S&P500.

Among 24 analysts covering AstraZeneca plc (ADR) (NYSE:AZN), 14 have Buy rating, 0 Sell and 10 Hold. Therefore 58% are positive. AstraZeneca plc (ADR) had 39 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by Credit Suisse to “Neutral” on Friday, May 12. As per Friday, November 25, the company rating was upgraded by Liberum Capital. The firm has “Hold” rating by Jefferies given on Tuesday, March 15. On Tuesday, October 20 the stock rating was downgraded by Credit Suisse to “Underperform”. As per Friday, February 26, the company rating was initiated by Cantor Fitzgerald. As per Monday, November 2, the company rating was downgraded by Nordea. The stock has “Buy” rating by Citigroup on Wednesday, October 18. On Wednesday, April 5 the stock rating was downgraded by UBS to “Neutral”. Morgan Stanley upgraded the shares of AZN in report on Tuesday, December 1 to “Overweight” rating. Barclays Capital upgraded the shares of AZN in report on Tuesday, January 19 to “Equal-Weight” rating.

Wolverine Asset Management Llc, which manages about $6.60B and $7.87 billion US Long portfolio, decreased its stake in India Fd Inc (IFN) by 40,645 shares to 53,580 shares, valued at $1.44 million in 2017Q2, according to the filing. It also reduced its holding in Halliburton Co (Put) (NYSE:HAL) by 53,600 shares in the quarter, leaving it with 30,400 shares, and cut its stake in Zions Bancorporation (Call) (NASDAQ:ZION).

Since August 18, 2017, it had 0 buys, and 2 sales for $616,440 activity. Spence Timothy sold 15,000 shares worth $432,900.

Analysts await Fifth Third Bancorp (NASDAQ:FITB) to report earnings on January, 23. They expect $0.49 earnings per share, up 2.08% or $0.01 from last year’s $0.48 per share. FITB’s profit will be $345.73 million for 15.28 P/E if the $0.49 EPS becomes a reality. After $0.48 actual earnings per share reported by Fifth Third Bancorp for the previous quarter, Wall Street now forecasts 2.08% EPS growth.

North Star Investment Management Corp, which manages about $747.94M US Long portfolio, upped its stake in Target Corp Com (NYSE:TGT) by 21,879 shares to 38,164 shares, valued at $2.00M in 2017Q2, according to the filing. It also increased its holding in Boeing Co Com (NYSE:BA) by 1,704 shares in the quarter, for a total of 9,105 shares, and has risen its stake in Ishares S&P 500 Growth Etf (IVW).

Among 32 analysts covering Fifth Third (NASDAQ:FITB), 5 have Buy rating, 3 Sell and 24 Hold. Therefore 16% are positive. Fifth Third had 87 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Friday, September 15. The firm has “Hold” rating by Jefferies given on Friday, August 11. The rating was maintained by Robert W. Baird with “Sell” on Thursday, December 7. The firm has “Neutral” rating given on Wednesday, January 25 by Hilliard Lyons. The rating was maintained by RBC Capital Markets on Thursday, June 22 with “Buy”. The stock of Fifth Third Bancorp (NASDAQ:FITB) earned “Buy” rating by Jefferies on Friday, May 27. The firm earned “Neutral” rating on Wednesday, October 25 by Bank of America. The rating was downgraded by Nomura on Monday, October 10 to “Reduce”. UBS maintained the shares of FITB in report on Friday, October 6 with “Sell” rating. The rating was maintained by Oppenheimer with “Outperform” on Wednesday, October 21.

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