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Altalis Capital Management Increases Position in Magellan Health (MGLN); Coca Cola Co. (KO) Holder Tower Bridge Advisors Has Trimmed Holding

Tower Bridge Advisors decreased its stake in Coca Cola Co. (KO) by 0.53% based on its latest 2017Q3 regulatory filing with the SEC. Tower Bridge Advisors sold 225 shares as the company’s stock rose 6.48% with the market. The institutional investor held 42,589 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $1.92B, down from 42,814 at the end of the previous reported quarter. Tower Bridge Advisors who had been investing in Coca Cola Co. for a number of months, seems to be less bullish one the $187.90B market cap company. The stock decreased 0.20% or $0.09 during the last trading session, reaching $44.1. About 13.46 million shares traded or 7.70% up from the average. The Coca-Cola Company (NYSE:KO) has declined 0.95% since February 15, 2017 and is downtrending. It has underperformed by 17.65% the S&P500.

Adam Fox increased its stake in Magellan Health Inc (MGLN) by 43.09% based on its latest 2017Q3 regulatory filing with the SEC. Altalis Capital Management Llc bought 39,299 shares as the company’s stock declined 13.20% while stock markets rallied. The hedge fund run by Adam Fox held 130,506 shares of the health care company at the end of 2017Q3, valued at $11.26M, up from 91,207 at the end of the previous reported quarter. Altalis Capital Management Llc who had been investing in Magellan Health Inc for a number of months, seems to be bullish on the $2.28B market cap company. The stock increased 0.69% or $0.65 during the last trading session, reaching $94.75. About 175,768 shares traded or 22.45% up from the average. Magellan Health, Inc. (NASDAQ:MGLN) has risen 5.31% since February 15, 2017 and is uptrending. It has underperformed by 11.39% the S&P500.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola had 69 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $4500 target in Tuesday, June 20 report. The rating was maintained by BMO Capital Markets with “Market Perform” on Monday, July 31. HSBC maintained the shares of KO in report on Wednesday, September 27 with “Buy” rating. On Thursday, January 19 the stock rating was downgraded by Wells Fargo to “Market Perform”. The firm has “Neutral” rating by Jefferies given on Wednesday, April 19. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by Cowen & Co on Friday, October 27. The rating was upgraded by Wells Fargo to “Outperform” on Tuesday, November 14. The rating was maintained by Stifel Nicolaus on Monday, October 23 with “Hold”. Jefferies maintained the stock with “Hold” rating in Friday, October 6 report. The firm earned “Hold” rating on Monday, July 24 by Jefferies.

Tower Bridge Advisors, which manages about $1.11B and $879.96 billion US Long portfolio, upped its stake in Nuveen Pa Invt Qual M (NQP) by 1,908 shares to 13,714 shares, valued at $185.83M in 2017Q3, according to the filing. It also increased its holding in Oneok Inc New (NYSE:OKE) by 1,970 shares in the quarter, for a total of 6,770 shares, and has risen its stake in Toll Brothers Inc (NYSE:TOL).

Since August 15, 2017, it had 0 buys, and 3 sales for $5.80 million activity. LONG ROBERT EDWARD also sold $719,250 worth of The Coca-Cola Company (NYSE:KO) shares. $4.61M worth of stock was sold by SMITH BRIAN JOHN on Tuesday, August 15. On Wednesday, August 16 the insider RIVERA ALFREDO sold $1.30 million. Waller Kathy N had sold 23,240 shares worth $1.07 million on Tuesday, January 16.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.14, from 0.94 in 2017Q2. It fall, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Manitoba – Canada-based Great West Life Assurance Can has invested 0.38% in The Coca-Cola Company (NYSE:KO). The Michigan-based Columbia Asset Mngmt has invested 1.31% in The Coca-Cola Company (NYSE:KO). Golub Grp Limited Liability Co holds 0.04% or 8,515 shares in its portfolio. Montecito National Bank And Tru has 1.97% invested in The Coca-Cola Company (NYSE:KO) for 126,696 shares. 58,869 were accumulated by Jacobs And Commerce Ca. The New Jersey-based Caxton Assoc LP has invested 0.03% in The Coca-Cola Company (NYSE:KO). Manchester Mgmt Ltd Limited Liability Company invested in 0.27% or 38,198 shares. Meyer Handelman owns 344,800 shares or 0.71% of their US portfolio. Eqis Capital Mngmt owns 17,860 shares or 0.04% of their US portfolio. Knott David M has 13,400 shares for 0.26% of their portfolio. M&R Capital reported 32,899 shares stake. Utd Bank holds 24,795 shares or 0.44% of its portfolio. Fort Washington Incorporated Oh holds 0.29% or 409,838 shares in its portfolio. Cullen Frost Bankers holds 0.5% in The Coca-Cola Company (NYSE:KO) or 339,122 shares. Reik And Com Ltd Liability Corporation holds 1.3% or 86,790 shares in its portfolio.

Since September 5, 2017, it had 0 buys, and 20 sales for $25.03 million activity. $50,132 worth of stock was sold by Kamal Mostafa on Tuesday, September 12. On Monday, September 11 GREGOIRE DANIEL N sold $199,200 worth of Magellan Health, Inc. (NASDAQ:MGLN) or 2,400 shares. SMITH BARRY M sold $1.33M worth of stock. On Wednesday, January 3 the insider Rubin Jonathan N sold $2.89 million.

Among 5 analysts covering Magellan Health (NASDAQ:MGLN), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Magellan Health had 21 analyst reports since July 29, 2015 according to SRatingsIntel. On Friday, December 1 the stock rating was maintained by Jefferies with “Buy”. The firm has “Buy” rating given on Friday, October 13 by Jefferies. Raymond James maintained Magellan Health, Inc. (NASDAQ:MGLN) on Friday, December 1 with “Hold” rating. KeyBanc Capital Markets upgraded Magellan Health, Inc. (NASDAQ:MGLN) on Friday, July 14 to “Overweight” rating. The firm has “Buy” rating given on Friday, May 20 by Jefferies. Scotia Capital maintained it with “Sector Perform” rating and $10 target in Tuesday, August 11 report. As per Wednesday, January 6, the company rating was downgraded by Barclays Capital. The firm has “Buy” rating given on Tuesday, September 5 by Jefferies. Jefferies maintained Magellan Health, Inc. (NASDAQ:MGLN) rating on Wednesday, June 7. Jefferies has “Buy” rating and $8800 target. The rating was maintained by Barclays Capital on Wednesday, November 23 with “Underweight”.

Altalis Capital Management Llc, which manages about $283.10M and $152.43M US Long portfolio, decreased its stake in Calpine Corp (NYSE:CPN) by 337,053 shares to 214,526 shares, valued at $3.17 million in 2017Q3, according to the filing.

Investors sentiment increased to 0.98 in 2017 Q3. Its up 0.10, from 0.88 in 2017Q2. It is positive, as 12 investors sold MGLN shares while 76 reduced holdings. 32 funds opened positions while 54 raised stakes. 22.27 million shares or 3.44% more from 21.53 million shares in 2017Q2 were reported. Arrowstreet Capital Partnership owns 33,627 shares or 0.01% of their US portfolio. Eqis Management invested 0.03% in Magellan Health, Inc. (NASDAQ:MGLN). Switzerland-based Swiss Fincl Bank has invested 0% in Magellan Health, Inc. (NASDAQ:MGLN). Comerica Comml Bank reported 44,368 shares. 1,845 are held by Howe & Rusling Inc. Mason Street Advisors Ltd Liability Com holds 0.01% of its portfolio in Magellan Health, Inc. (NASDAQ:MGLN) for 5,998 shares. Federated Investors Pa holds 0% in Magellan Health, Inc. (NASDAQ:MGLN) or 711 shares. Jefferies Lc reported 0% in Magellan Health, Inc. (NASDAQ:MGLN). Aqr Capital Llc invested 0% of its portfolio in Magellan Health, Inc. (NASDAQ:MGLN). Citadel Advisors Ltd Liability invested 0.01% of its portfolio in Magellan Health, Inc. (NASDAQ:MGLN). New York State Teachers Retirement Sys owns 64,007 shares. Barrow Hanley Mewhinney Strauss Ltd Llc has 0% invested in Magellan Health, Inc. (NASDAQ:MGLN) for 4,011 shares. Savings Bank Of New York Mellon owns 294,459 shares or 0.01% of their US portfolio. Northern has 0.02% invested in Magellan Health, Inc. (NASDAQ:MGLN) for 747,783 shares. Nationwide Fund stated it has 0.03% in Magellan Health, Inc. (NASDAQ:MGLN).

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