Trending Stock News

As Lakeland Bancorp (LBAI) Valuation Declined, Shareholder Wbi Investments Has Decreased Its Stake; Insmed (INSM) Shareholder Moore Capital Management LP Has Lifted Holding

Wbi Investments Inc decreased its stake in Lakeland Bancorp Inc (LBAI) by 49.96% based on its latest 2017Q3 regulatory filing with the SEC. Wbi Investments Inc sold 43,318 shares as the company’s stock declined 5.74% while stock markets rallied. The institutional investor held 43,380 shares of the finance company at the end of 2017Q3, valued at $885,000, down from 86,698 at the end of the previous reported quarter. Wbi Investments Inc who had been investing in Lakeland Bancorp Inc for a number of months, seems to be less bullish one the $923.40 million market cap company. The stock decreased 1.02% or $0.2 during the last trading session, reaching $19.5. About 71,250 shares traded. Lakeland Bancorp, Inc. (NASDAQ:LBAI) has risen 69.96% since February 13, 2017 and is uptrending. It has outperformed by 53.26% the S&P500.

Louis Bacon increased its stake in Insmed Inc (INSM) by 100% based on its latest 2017Q3 regulatory filing with the SEC. Moore Capital Management Lp bought 25,000 shares as the company’s stock rose 11.02% with the market. The hedge fund run by Louis Bacon held 50,000 shares of the health care company at the end of 2017Q3, valued at $1.56M, up from 25,000 at the end of the previous reported quarter. Moore Capital Management Lp who had been investing in Insmed Inc for a number of months, seems to be bullish on the $1.83 billion market cap company. The stock decreased 0.17% or $0.04 during the last trading session, reaching $23.93. About 598,290 shares traded. Insmed Incorporated (NASDAQ:INSM) has risen 57.88% since February 13, 2017 and is uptrending. It has outperformed by 41.18% the S&P500.

Among 10 analysts covering Insmed (NASDAQ:INSM), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Insmed had 25 analyst reports since August 10, 2015 according to SRatingsIntel. Citigroup maintained Insmed Incorporated (NASDAQ:INSM) rating on Wednesday, March 16. Citigroup has “Neutral” rating and $13 target. The rating was upgraded by Zacks on Thursday, August 20 to “Hold”. Cowen & Co maintained the shares of INSM in report on Thursday, August 3 with “Buy” rating. The firm earned “Buy” rating on Thursday, January 4 by H.C. Wainwright. The firm has “Buy” rating by Robert W. Baird given on Monday, July 10. Zacks downgraded Insmed Incorporated (NASDAQ:INSM) on Monday, August 10 to “Hold” rating. On Monday, September 11 the stock rating was maintained by Cowen & Co with “Buy”. The firm earned “Buy” rating on Tuesday, September 5 by Leerink Swann. Stifel Nicolaus initiated the shares of INSM in report on Tuesday, March 15 with “Buy” rating. The firm has “Buy” rating given on Monday, October 30 by Robert W. Baird.

Since September 5, 2017, it had 0 buys, and 2 sales for $2.70 million activity. The insider SHAROKY MELVIN MD sold 50,000 shares worth $1.37 million.

Moore Capital Management Lp, which manages about $44.02 billion and $5.17 billion US Long portfolio, decreased its stake in Double Eagle Acquisition Cor by 750,000 shares to 1.25M shares, valued at $12.63M in 2017Q3, according to the filing. It also reduced its holding in Boulevard Acquisition by 100,000 shares in the quarter, leaving it with 1.40M shares, and cut its stake in Yandex N V (NASDAQ:YNDX).

Investors sentiment increased to 3.74 in 2017 Q3. Its up 1.98, from 1.76 in 2017Q2. It is positive, as 11 investors sold INSM shares while 16 reduced holdings. 44 funds opened positions while 57 raised stakes. 144.25 million shares or 160.06% more from 55.47 million shares in 2017Q2 were reported. C Worldwide Grp Holdg A S owns 447,429 shares or 0.2% of their US portfolio. Endurant Cap Mngmt LP has invested 0.9% of its portfolio in Insmed Incorporated (NASDAQ:INSM). Manufacturers Life Insurance Co The invested 0% of its portfolio in Insmed Incorporated (NASDAQ:INSM). Iguana Health Limited Co has 0.87% invested in Insmed Incorporated (NASDAQ:INSM) for 50,000 shares. Credit Suisse Ag invested in 0% or 82,880 shares. Sg Americas Llc holds 14,289 shares or 0% of its portfolio. Great West Life Assurance Can reported 0% of its portfolio in Insmed Incorporated (NASDAQ:INSM). Prelude Capital Mngmt Limited owns 108,800 shares for 0.31% of their portfolio. Strs Ohio reported 0% stake. Voya Investment Management Lc reported 34,716 shares. Price T Rowe Md holds 0.07% or 12.86 million shares in its portfolio. Ameriprise Incorporated has invested 0% in Insmed Incorporated (NASDAQ:INSM). Orbimed Limited Liability Company invested in 0.56% or 1.88 million shares. Thompson Davis Co has 0.03% invested in Insmed Incorporated (NASDAQ:INSM) for 500 shares. 256 are held by Meeder Asset Mgmt.

Investors sentiment increased to 1.45 in Q3 2017. Its up 0.43, from 1.02 in 2017Q2. It increased, as 6 investors sold LBAI shares while 27 reduced holdings. 13 funds opened positions while 35 raised stakes. 24.73 million shares or 1.09% more from 24.47 million shares in 2017Q2 were reported. Ubs Asset Management Americas holds 0% of its portfolio in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 22,010 shares. Citadel Advsrs Limited Liability Co has 28,379 shares for 0% of their portfolio. Sei Invs owns 0% invested in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 1,866 shares. State Board Of Administration Of Florida Retirement Sys reported 56,140 shares. National Bank Of Montreal Can holds 0% or 10,253 shares. Moreover, Bridgeway Mngmt has 0.05% invested in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 206,990 shares. State Street has 982,481 shares. Pinnacle Assoc Limited holds 60,953 shares or 0.02% of its portfolio. Emerald Mutual Fund Advisers Tru accumulated 65,781 shares. Blackrock owns 0% invested in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 2.93M shares. Kistler holds 0.04% in Lakeland Bancorp, Inc. (NASDAQ:LBAI) or 4,208 shares. Invesco has 0% invested in Lakeland Bancorp, Inc. (NASDAQ:LBAI) for 45,356 shares. Goldman Sachs reported 0% stake. Pnc Svcs Grp Inc Inc has 0% invested in Lakeland Bancorp, Inc. (NASDAQ:LBAI). Verus Fincl Ptnrs owns 11,798 shares.

Wbi Investments Inc, which manages about $2.52 billion and $2.27 billion US Long portfolio, upped its stake in Cvr Energy Inc (NYSE:CVI) by 14,078 shares to 24,358 shares, valued at $631,000 in 2017Q3, according to the filing. It also increased its holding in Ingersoll (NYSE:IR) by 4,621 shares in the quarter, for a total of 110,324 shares, and has risen its stake in Wisdomtree Tr (ALD).

Among 4 analysts covering Lakeland Bancorp (NASDAQ:LBAI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Lakeland Bancorp had 8 analyst reports since August 13, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods. FIG Partners initiated it with “Market Perform” rating and $21 target in Thursday, January 5 report. The firm earned “Mkt Perform” rating on Thursday, October 27 by Raymond James. The stock of Lakeland Bancorp, Inc. (NASDAQ:LBAI) has “Buy” rating given on Monday, February 5 by Keefe Bruyette & Woods. The stock of Lakeland Bancorp, Inc. (NASDAQ:LBAI) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm has “Buy” rating given on Thursday, July 20 by Keefe Bruyette & Woods.

Since September 20, 2017, it had 0 insider purchases, and 3 selling transactions for $943,729 activity. FREDERICKS MARK J had sold 5,200 shares worth $102,700 on Friday, February 9. On Wednesday, September 20 the insider DEUTSCH EDWARD B sold $95,000.

Leave a Reply

Your email address will not be published. Required fields are marked *