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First Republic Investment Management Increased Its Holding in Biogen (BIIB) as Shares Declined; As Ubiquiti Networks Com Usd0.001 (UBNT) Stock Declined, Jackson Square Partners Increased Position

Jackson Square Partners Llc increased its stake in Ubiquiti Networks Inc Com Usd0.001 (UBNT) by 21.06% based on its latest 2017Q3 regulatory filing with the SEC. Jackson Square Partners Llc bought 228,986 shares as the company’s stock declined 0.41% while stock markets rallied. The institutional investor held 1.32M shares of the technology company at the end of 2017Q3, valued at $73.73M, up from 1.09 million at the end of the previous reported quarter. Jackson Square Partners Llc who had been investing in Ubiquiti Networks Inc Com Usd0.001 for a number of months, seems to be bullish on the $5.73B market cap company. The stock decreased 0.12% or $0.09 during the last trading session, reaching $73.66. About 493,714 shares traded or 49.78% up from the average. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has risen 29.84% since January 14, 2017 and is uptrending. It has outperformed by 13.14% the S&P500.

First Republic Investment Management Inc increased its stake in Biogen Inc (BIIB) by 4.96% based on its latest 2017Q3 regulatory filing with the SEC. First Republic Investment Management Inc bought 2,215 shares as the company’s stock declined 13.45% while stock markets rallied. The hedge fund held 46,859 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $14.67 million, up from 44,644 at the end of the previous reported quarter. First Republic Investment Management Inc who had been investing in Biogen Inc for a number of months, seems to be bullish on the $71.05 billion market cap company. The stock increased 0.86% or $2.88 during the last trading session, reaching $335.95. About 885,516 shares traded. Biogen Inc. (NASDAQ:BIIB) has risen 4.94% since January 14, 2017 and is uptrending. It has underperformed by 11.76% the S&P500.

Among 31 analysts covering Biogen Idec Inc. (NASDAQ:BIIB), 22 have Buy rating, 0 Sell and 9 Hold. Therefore 71% are positive. Biogen Idec Inc. had 95 analyst reports since July 23, 2015 according to SRatingsIntel. As per Tuesday, July 25, the company rating was maintained by Cowen & Co. RBC Capital Markets maintained it with “Hold” rating and $315.0 target in Wednesday, October 4 report. On Monday, July 17 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Hold” rating given on Tuesday, July 11 by Jefferies. The firm earned “Hold” rating on Wednesday, October 25 by RBC Capital Markets. Stifel Nicolaus maintained the shares of BIIB in report on Friday, December 9 with “Hold” rating. The firm has “Hold” rating given on Friday, August 25 by Robert W. Baird. The stock of Biogen Inc. (NASDAQ:BIIB) earned “Neutral” rating by Robert W. Baird on Friday, March 11. On Monday, November 7 the stock rating was upgraded by Leerink Swann to “Outperform”. H.C. Wainwright maintained the shares of BIIB in report on Wednesday, July 26 with “Buy” rating.

First Republic Investment Management Inc, which manages about $25.99 billion and $13.89 billion US Long portfolio, decreased its stake in Regeneron Pharmaceuticals (NASDAQ:REGN) by 1,116 shares to 7,229 shares, valued at $3.23 million in 2017Q3, according to the filing. It also reduced its holding in Continental Resources Inc (NYSE:CLR) by 16,922 shares in the quarter, leaving it with 56,712 shares, and cut its stake in Lyondellbasell Industries N (NYSE:LYB).

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.25, from 0.88 in 2017Q2. It is positive, as 59 investors sold BIIB shares while 283 reduced holdings. 96 funds opened positions while 292 raised stakes. 181.16 million shares or 0.28% more from 180.66 million shares in 2017Q2 were reported. Kcm Inv Advisors Ltd Liability Com has 0.09% invested in Biogen Inc. (NASDAQ:BIIB). Ghp Advisors has 1,080 shares. Hudson Bay Capital Lp owns 15,000 shares or 0.12% of their US portfolio. Transamerica Advsrs owns 4 shares. Toronto Dominion Bancshares owns 80,414 shares. Acg Wealth stated it has 0.42% in Biogen Inc. (NASDAQ:BIIB). Johnson Financial Gp holds 0.08% in Biogen Inc. (NASDAQ:BIIB) or 1,955 shares. Alps invested in 2,000 shares or 0% of the stock. Gargoyle Inv Advisor Limited Liability Company owns 2,247 shares for 0.26% of their portfolio. Amica Pension Fund Board Of Trustees invested in 0.31% or 8,280 shares. Wedge Mngmt L Ltd Partnership Nc reported 0.39% of its portfolio in Biogen Inc. (NASDAQ:BIIB). 890 are owned by Stearns Services. Marshall Wace Llp reported 8,410 shares. Genesee Valley Tru Company holds 0.08% of its portfolio in Biogen Inc. (NASDAQ:BIIB) for 650 shares. Stelac Advisory Services Lc reported 0.06% of its portfolio in Biogen Inc. (NASDAQ:BIIB).

Since January 9, 2018, it had 0 insider purchases, and 1 sale for $1.92 million activity.

Jackson Square Partners Llc, which manages about $24.97 billion and $20.61B US Long portfolio, decreased its stake in Nielsen Holdings Plc Comstk by 116,672 shares to 8.36M shares, valued at $346.69M in 2017Q3, according to the filing. It also reduced its holding in Ebay Inc Com Usd0.001 (NASDAQ:EBAY) by 2.37 million shares in the quarter, leaving it with 18.59 million shares, and cut its stake in Verifone Systems Inc Com (NYSE:PAY).

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