Julian Baker decreased its stake in Cerus Corporation (CERS) by 4.85% based on its latest 2017Q3 regulatory filing with the SEC. Baker Bros Advisors Lp sold 496,734 shares as the company’s stock declined 29.99% while stock markets rallied. The hedge fund run by Julian Baker held 9.75 million shares of the medical and dental instruments company at the end of 2017Q3, valued at $26.60M, down from 10.24 million at the end of the previous reported quarter. Baker Bros Advisors Lp who had been investing in Cerus Corporation for a number of months, seems to be less bullish one the $673.26 million market cap company. The stock increased 1.27% or $0.065 during the last trading session, reaching $5.195. About 308,089 shares traded. Cerus Corporation (NASDAQ:CERS) has declined 40.83% since March 14, 2017 and is downtrending. It has underperformed by 57.53% the S&P500.
Tobam decreased its stake in New Oriental Educatio (EDU) by 21.85% based on its latest 2017Q3 regulatory filing with the SEC. Tobam sold 131,269 shares as the company’s stock rose 45.08% with the market. The institutional investor held 469,432 shares of the consumer services company at the end of 2017Q3, valued at $41.43M, down from 600,701 at the end of the previous reported quarter. Tobam who had been investing in New Oriental Educatio for a number of months, seems to be less bullish one the $14.32B market cap company. The stock decreased 0.86% or $0.79 during the last trading session, reaching $90.56. About 340,132 shares traded. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 76.69% since March 14, 2017 and is uptrending. It has outperformed by 59.99% the S&P500.
Analysts await Cerus Corporation (NASDAQ:CERS) to report earnings on May, 2. They expect $-0.12 earnings per share, up 33.33% or $0.06 from last year’s $-0.18 per share. After $-0.10 actual earnings per share reported by Cerus Corporation for the previous quarter, Wall Street now forecasts 20.00% negative EPS growth.
Investors sentiment increased to 1.32 in Q3 2017. Its up 0.02, from 1.3 in 2017Q2. It improved, as 9 investors sold CERS shares while 22 reduced holdings. 11 funds opened positions while 30 raised stakes. 57.26 million shares or 0.28% less from 57.42 million shares in 2017Q2 were reported. Stoneridge Invest Partners Ltd accumulated 50,734 shares. 560,214 are held by Renaissance Technologies Ltd. Berson & Corrado Limited Liability reported 0.11% of its portfolio in Cerus Corporation (NASDAQ:CERS). Bancorporation Of America De has invested 0% in Cerus Corporation (NASDAQ:CERS). Barclays Plc holds 0% or 155,389 shares in its portfolio. Tower Research Capital Limited Liability Company (Trc) owns 6,796 shares or 0% of their US portfolio. Shufro Rose Communication Ltd Company has invested 0% in Cerus Corporation (NASDAQ:CERS). Northern, a Illinois-based fund reported 1.28M shares. Athena Capital Advisors Limited Liability Company reported 22,000 shares. Lakeview Capital Prtn Ltd Liability owns 26,051 shares. Elm Advsr Ltd Liability Corporation, California-based fund reported 35,000 shares. Goldman Sachs Group Inc invested in 103,716 shares or 0% of the stock. Balyasny Asset Management Ltd Liability stated it has 22,800 shares or 0% of all its holdings. Moreover, Macquarie Group Inc Ltd has 0% invested in Cerus Corporation (NASDAQ:CERS) for 230,695 shares. New York State Common Retirement Fund accumulated 125,149 shares.
Among 5 analysts covering Cerus (NASDAQ:CERS), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Cerus had 11 analyst reports since August 11, 2015 according to SRatingsIntel. On Wednesday, January 24 the stock rating was maintained by Robert W. Baird with “Buy”. The stock of Cerus Corporation (NASDAQ:CERS) earned “Buy” rating by Robert W. Baird on Thursday, November 30. The firm earned “Buy” rating on Tuesday, August 11 by Zacks. The firm earned “Buy” rating on Thursday, October 5 by Cowen & Co. As per Monday, October 30, the company rating was maintained by Robert W. Baird. BTIG Research maintained Cerus Corporation (NASDAQ:CERS) rating on Wednesday, August 19. BTIG Research has “Buy” rating and $8 target. BTIG Research maintained the shares of CERS in report on Friday, May 26 with “Buy” rating. The rating was maintained by Cantor Fitzgerald with “Buy” on Wednesday, June 7. Cantor Fitzgerald maintained it with “Buy” rating and $6.0 target in Thursday, March 8 report. The stock of Cerus Corporation (NASDAQ:CERS) earned “Buy” rating by Cantor Fitzgerald on Monday, January 8.
Baker Bros Advisors Lp, which manages about $8.20 billion and $12.33B US Long portfolio, upped its stake in Ignyta Inc. (NASDAQ:RXDX) by 403,199 shares to 1.30M shares, valued at $16.05 million in 2017Q3, according to the filing. It also increased its holding in Avexis Inc. by 150,000 shares in the quarter, for a total of 775,000 shares, and has risen its stake in Insmed Incorporated (NASDAQ:INSM).