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Valley National Advisers Upped Stake in Flowserve (FLS); Merck & Co (MRK) Shareholder Bluemountain Capital Management Boosted Position by $2.01 Million

Andrew Feldstein increased its stake in Merck & Co Inc (MRK) by 66.2% based on its latest 2017Q3 regulatory filing with the SEC. Bluemountain Capital Management Llc bought 31,484 shares as the company’s stock declined 2.46% while stock markets rallied. The hedge fund run by Andrew Feldstein held 79,040 shares of the health care company at the end of 2017Q3, valued at $5.06M, up from 47,556 at the end of the previous reported quarter. Bluemountain Capital Management Llc who had been investing in Merck & Co Inc for a number of months, seems to be bullish on the $149.57B market cap company. The stock decreased 0.96% or $0.53 during the last trading session, reaching $54.9. About 17.04 million shares traded or 28.56% up from the average. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since February 14, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.

Valley National Advisers Inc increased its stake in Flowserve Corp (FLS) by 891.03% based on its latest 2017Q3 regulatory filing with the SEC. Valley National Advisers Inc bought 9,730 shares as the company’s stock rose 1.53% with the market. The institutional investor held 10,822 shares of the fluid controls company at the end of 2017Q3, valued at $461,000, up from 1,092 at the end of the previous reported quarter. Valley National Advisers Inc who had been investing in Flowserve Corp for a number of months, seems to be bullish on the $5.37B market cap company. The stock decreased 0.80% or $0.33 during the last trading session, reaching $41.09. About 1.20 million shares traded. Flowserve Corporation (NYSE:FLS) has risen 9.35% since February 14, 2017 and is uptrending. It has underperformed by 7.35% the S&P500.

Among 24 analysts covering Flowserve Corporation (NYSE:FLS), 6 have Buy rating, 3 Sell and 15 Hold. Therefore 25% are positive. Flowserve Corporation had 80 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Cowen & Co on Wednesday, April 19 to “Outperform”. RBC Capital Markets maintained Flowserve Corporation (NYSE:FLS) rating on Friday, September 15. RBC Capital Markets has “Sell” rating and $38.0 target. The stock of Flowserve Corporation (NYSE:FLS) has “Sell” rating given on Friday, December 8 by Goldman Sachs. Jefferies maintained it with “Buy” rating and $50.0 target in Monday, August 14 report. BMO Capital Markets maintained Flowserve Corporation (NYSE:FLS) rating on Tuesday, June 27. BMO Capital Markets has “Buy” rating and $5600 target. The rating was maintained by RBC Capital Markets with “Sell” on Monday, July 10. Susquehanna upgraded Flowserve Corporation (NYSE:FLS) rating on Tuesday, August 15. Susquehanna has “Buy” rating and $4600 target. The rating was upgraded by Seaport Global Securities on Monday, January 23 to “Buy”. The rating was maintained by Stifel Nicolaus on Friday, September 1 with “Buy”. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, March 15.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.36, from 1.2 in 2017Q2. It is negative, as 45 investors sold FLS shares while 121 reduced holdings. 33 funds opened positions while 107 raised stakes. 132.21 million shares or 0.78% more from 131.19 million shares in 2017Q2 were reported. Oregon Pub Employees Retirement Fund holds 0.01% or 13,946 shares. 10,286 were reported by Sumitomo Mitsui Asset Management. Tompkins Fin reported 400 shares. The New York-based Manning Napier Limited has invested 0.02% in Flowserve Corporation (NYSE:FLS). Kornitzer Mngmt Incorporated Ks accumulated 11,380 shares. Oppenheimer Asset Management Inc holds 93,815 shares. Scotia Capital invested 0.01% in Flowserve Corporation (NYSE:FLS). Arizona State Retirement Systems has invested 0.02% in Flowserve Corporation (NYSE:FLS). Assetmark invested 0% of its portfolio in Flowserve Corporation (NYSE:FLS). Colonial Tru Advisors, a South Carolina-based fund reported 55,540 shares. Alphamark Advsrs Limited accumulated 426 shares. Amalgamated Bank & Trust stated it has 25,646 shares. Gamco Invsts Et Al holds 2.82M shares or 0.74% of its portfolio. 192 were accumulated by Johnson Fincl Grp Inc Incorporated. Moreover, California Employees Retirement System has 0.02% invested in Flowserve Corporation (NYSE:FLS) for 275,637 shares.

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. Merck & Co. Inc. had 77 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Monday, July 31. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 26. The firm earned “Hold” rating on Thursday, November 16 by Jefferies. Bank of America upgraded the shares of MRK in report on Thursday, October 13 to “Buy” rating. On Monday, October 30 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. BMO Capital Markets maintained Merck & Co., Inc. (NYSE:MRK) on Friday, August 4 with “Buy” rating. The stock has “Hold” rating by Berenberg on Thursday, August 27. The stock of Merck & Co., Inc. (NYSE:MRK) has “Equal-Weight” rating given on Wednesday, February 7 by Morgan Stanley. Jefferies maintained the shares of MRK in report on Friday, October 20 with “Sell” rating. The firm earned “Buy” rating on Friday, January 13 by Bryan Garnier & Cie.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.01, from 1.07 in 2017Q2. It dropped, as 46 investors sold MRK shares while 619 reduced holdings. 106 funds opened positions while 598 raised stakes. 1.96 billion shares or 0.47% more from 1.95 billion shares in 2017Q2 were reported. Cls Investments Lc accumulated 273 shares. Wolverine Asset Mgmt Limited Liability stated it has 104,157 shares. Strategic Advsr Lc, New York-based fund reported 40,832 shares. Livforsakringsbolaget Skandia Omsesidigt reported 79,743 shares or 0.46% of all its holdings. Blue Cap owns 28,203 shares for 1.11% of their portfolio. Davenport & Limited Liability Corp invested in 1.90M shares. 85,246 are owned by Canandaigua National Bank & Trust Trust. Trustmark Bancorp Trust Department stated it has 0.36% in Merck & Co., Inc. (NYSE:MRK). Mraz Amerine And Assoc Inc holds 0.09% or 4,414 shares. Ccm Invest Advisers Ltd Llc owns 15,685 shares. Heritage Invsts Mngmt Corp holds 0.92% or 223,728 shares. Hodges Cap Mngmt Incorporated accumulated 27,124 shares. Tennessee-based Hays Advisory Ltd Liability has invested 0.09% in Merck & Co., Inc. (NYSE:MRK). Mcdaniel Terry stated it has 0.04% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Investors holds 1.29% or 88.63 million shares in its portfolio.

Bluemountain Capital Management Llc, which manages about $27.77 billion and $4.88 billion US Long portfolio, decreased its stake in Square Inc by 60,109 shares to 17,230 shares, valued at $496,000 in 2017Q3, according to the filing. It also reduced its holding in Curtiss Wright Corp (NYSE:CW) by 16,073 shares in the quarter, leaving it with 3,339 shares, and cut its stake in Steris Plc.

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