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Cubist Systematic Strategies Has Upped Stake in Exelixis (EXEL); Southeast Asset Advisors Holding in Mettler Toledo International (MTD) Has Lowered as Valuation Rose

Cubist Systematic Strategies Llc increased its stake in Exelixis Inc (EXEL) by 53.83% based on its latest 2017Q3 regulatory filing with the SEC. Cubist Systematic Strategies Llc bought 20,266 shares as the company’s stock declined 14.88% while stock markets rallied. The institutional investor held 57,914 shares of the health care company at the end of 2017Q3, valued at $1.40 million, up from 37,648 at the end of the previous reported quarter. Cubist Systematic Strategies Llc who had been investing in Exelixis Inc for a number of months, seems to be bullish on the $8.24 billion market cap company. The stock increased 1.35% or $0.37 during the last trading session, reaching $27.86. About 3.14 million shares traded or 12.05% up from the average. Exelixis, Inc. (NASDAQ:EXEL) has risen 266.48% since January 19, 2017 and is uptrending. It has outperformed by 249.78% the S&P500.

Southeast Asset Advisors Inc decreased its stake in Mettler Toledo International (MTD) by 25.18% based on its latest 2017Q3 regulatory filing with the SEC. Southeast Asset Advisors Inc sold 546 shares as the company’s stock rose 19.62% with the market. The institutional investor held 1,622 shares of the capital goods company at the end of 2017Q3, valued at $1.02 million, down from 2,168 at the end of the previous reported quarter. Southeast Asset Advisors Inc who had been investing in Mettler Toledo International for a number of months, seems to be less bullish one the $16.72B market cap company. The stock decreased 0.42% or $2.76 during the last trading session, reaching $653.75. About 101,619 shares traded. Mettler-Toledo International Inc. (NYSE:MTD) has risen 55.25% since January 19, 2017 and is uptrending. It has outperformed by 38.55% the S&P500.

Among 11 analysts covering Mettler-toledo International Inc. (NYSE:MTD), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. Mettler-toledo International Inc. had 23 analyst reports since August 3, 2015 according to SRatingsIntel. On Tuesday, September 26 the stock rating was initiated by Goldman Sachs with “Buy”. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, October 6 report. The stock of Mettler-Toledo International Inc. (NYSE:MTD) has “Neutral” rating given on Thursday, June 23 by Citigroup. The stock has “Neutral” rating by UBS on Friday, August 5. The firm has “Outperform” rating by Wells Fargo given on Thursday, July 13. The stock has “Neutral” rating by Bank of America on Thursday, September 10. The company was upgraded on Wednesday, August 31 by Bank of America. Jefferies maintained it with “Hold” rating and $550.0 target in Thursday, August 31 report. The company was maintained on Friday, November 3 by Morgan Stanley. The company was maintained on Friday, October 20 by Jefferies.

Analysts await Mettler-Toledo International Inc. (NYSE:MTD) to report earnings on February, 1. They expect $5.93 EPS, up 12.31% or $0.65 from last year’s $5.28 per share. MTD’s profit will be $151.68 million for 27.56 P/E if the $5.93 EPS becomes a reality. After $4.36 actual EPS reported by Mettler-Toledo International Inc. for the previous quarter, Wall Street now forecasts 36.01% EPS growth.

Since August 2, 2017, it had 0 insider buys, and 17 insider sales for $20.78 million activity. On Wednesday, August 2 the insider DONNELLY WILLIAM P sold $1.64M. 2,203 shares were sold by Rauch Waldemar, worth $1.31M. $3.04M worth of Mettler-Toledo International Inc. (NYSE:MTD) was sold by SPOERRY ROBERT F. Shares for $507,535 were sold by Kirk Simon. 500 shares valued at $294,580 were sold by Chu Wah-Hui on Tuesday, August 22. The insider Magloth Christian sold 750 shares worth $442,500.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.07, from 0.91 in 2017Q2. It fall, as 31 investors sold MTD shares while 172 reduced holdings. 47 funds opened positions while 124 raised stakes. 22.26 million shares or 5.12% less from 23.46 million shares in 2017Q2 were reported. Wetherby Asset Mgmt holds 858 shares. Intrust Bancorporation Na holds 0.11% or 528 shares in its portfolio. Vanguard Group holds 2.66 million shares. State Of Wisconsin Inv Board holds 0.05% or 24,947 shares. Stock Yards Retail Bank & Company invested in 565 shares. Bluecrest Capital Management stated it has 1,114 shares. Cibc Asset Incorporated accumulated 7,208 shares or 0.03% of the stock. Pub Sector Pension Invest Board holds 0% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD) for 1,296 shares. Nomura Asset Commerce Limited reported 3,440 shares or 0.03% of all its holdings. Canada Pension Plan Invest Board, a Ontario – Canada-based fund reported 45,500 shares. Invesco holds 0.02% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD) for 97,795 shares. First Republic Invest Mngmt invested in 0% or 751 shares. Tower Rech Cap Limited Liability Co (Trc) reported 486 shares. Dorsey Wright Assoc reported 1.41% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). Kentucky Retirement Systems Insurance Fund holds 0.08% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD) for 683 shares.

Among 11 analysts covering Exelixis (NASDAQ:EXEL), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Exelixis had 37 analyst reports since January 19, 2016 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Tuesday, January 16. Oppenheimer maintained the shares of EXEL in report on Monday, June 19 with “Hold” rating. The rating was downgraded by Leerink Swann on Friday, September 22 to “Market Perform”. The firm has “Hold” rating by Oppenheimer given on Monday, June 12. Leerink Swann upgraded the stock to “Outperform” rating in Tuesday, January 19 report. On Monday, October 16 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by J.P. Morgan with “Buy” on Friday, July 21. The stock has “Buy” rating by William Blair on Wednesday, June 14. Stifel Nicolaus upgraded the shares of EXEL in report on Monday, April 4 to “Buy” rating. The company was maintained on Thursday, September 15 by Stifel Nicolaus.

Investors sentiment decreased to 1.23 in 2017 Q3. Its down 0.10, from 1.33 in 2017Q2. It turned negative, as 39 investors sold EXEL shares while 64 reduced holdings. 51 funds opened positions while 76 raised stakes. 237.25 million shares or 3.37% more from 229.51 million shares in 2017Q2 were reported. Citigroup, a New York-based fund reported 101,272 shares. First Quadrant LP Ca owns 402,528 shares for 0.19% of their portfolio. Bnp Paribas Arbitrage holds 0% of its portfolio in Exelixis, Inc. (NASDAQ:EXEL) for 12,640 shares. Ameriprise owns 73,446 shares. Brown Advisory Securities Lc holds 20,000 shares. Arrowstreet Cap LP reported 1.37M shares. Stevens Cap Ltd Partnership invested in 127,049 shares or 0.11% of the stock. Cutler Cap Management Ltd Liability Company has 30,000 shares for 0.32% of their portfolio. Dekabank Deutsche Girozentrale has 0.03% invested in Exelixis, Inc. (NASDAQ:EXEL). Bancorp Of America Corp De has 227,676 shares for 0% of their portfolio. Rhumbline Advisers, a Massachusetts-based fund reported 335,781 shares. Assetmark invested in 0% or 10 shares. Ajo LP reported 1.65 million shares. Bancshares Of Mellon Corp has 1.18M shares for 0.01% of their portfolio. Clinton Gp Inc reported 191,649 shares or 0.51% of all its holdings.

Cubist Systematic Strategies Llc, which manages about $1.79B US Long portfolio, decreased its stake in Beazer Homes Usa Inc (NYSE:BZH) by 43,508 shares to 10,051 shares, valued at $188,000 in 2017Q3, according to the filing. It also reduced its holding in Sherwin Williams Co (NYSE:SHW) by 3,263 shares in the quarter, leaving it with 1,625 shares, and cut its stake in Equity Residential (NYSE:EQR).

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