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Marathon Asset Management Llp Trimmed Holding in 3M Co (MMM) as Stock Price Declined; As Neurocrine Biosciences (NBIX) Stock Price Rose, Holder Davidson Kempner Capital Management LP Trimmed Holding

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Thomas Lenox Kempner decreased its stake in Neurocrine Biosciences Inc (NBIX) by 32.77% based on its latest 2017Q4 regulatory filing with the SEC. Davidson Kempner Capital Management Lp sold 39,100 shares as the company’s stock rose 13.16% while stock markets declined. The hedge fund run by Thomas Lenox Kempner held 80,200 shares of the health care company at the end of 2017Q4, valued at $6.22M, down from 119,300 at the end of the previous reported quarter. Davidson Kempner Capital Management Lp who had been investing in Neurocrine Biosciences Inc for a number of months, seems to be less bullish one the $6.77 billion market cap company. The stock decreased 0.04% or $0.03 during the last trading session, reaching $75.3. About 448,416 shares traded. Neurocrine Biosciences, Inc. (NASDAQ:NBIX) has risen 91.92% since April 17, 2017 and is uptrending. It has outperformed by 80.37% the S&P500.

Bruce J. Richards decreased its stake in 3M Co (MMM) by 24.55% based on its latest 2017Q4 regulatory filing with the SEC. Marathon Asset Management Llp sold 83,969 shares as the company’s stock declined 8.03% with the market. The hedge fund run by Bruce J. Richards held 258,130 shares of the medical and dental instruments company at the end of 2017Q4, valued at $60.76M, down from 342,099 at the end of the previous reported quarter. Marathon Asset Management Llp who had been investing in 3M Co for a number of months, seems to be less bullish one the $129.47B market cap company. The stock increased 1.01% or $2.18 during the last trading session, reaching $217.7. About 2.06M shares traded. 3M Company (NYSE:MMM) has risen 13.36% since April 17, 2017 and is uptrending. It has outperformed by 1.81% the S&P500.

Among 13 analysts covering Neurocrine Biosci (NASDAQ:NBIX), 13 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Neurocrine Biosci had 54 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was initiated by BMO Capital Markets with “Outperform” on Thursday, April 7. The firm earned “Buy” rating on Tuesday, March 13 by Oppenheimer. BMO Capital Markets maintained the shares of NBIX in report on Thursday, August 3 with “Buy” rating. Oppenheimer maintained it with “Buy” rating and $7000 target in Wednesday, July 5 report. The rating was maintained by Piper Jaffray on Monday, January 8 with “Buy”. The company was maintained on Wednesday, November 1 by BMO Capital Markets. The stock of Neurocrine Biosciences, Inc. (NASDAQ:NBIX) earned “Buy” rating by Cowen & Co on Monday, September 25. The firm earned “Buy” rating on Friday, July 21 by BMO Capital Markets. The rating was initiated by Needham on Tuesday, October 18 with “Buy”. The rating was maintained by Oppenheimer with “Buy” on Thursday, February 22.

Davidson Kempner Capital Management Lp, which manages about $26.13B and $3.12B US Long portfolio, upped its stake in World Wrestling Entmt Inc (NYSE:WWE) by 214,980 shares to 939,980 shares, valued at $28.75M in 2017Q4, according to the filing. It also increased its holding in Pvh Corp (NYSE:PVH) by 54,335 shares in the quarter, for a total of 204,335 shares, and has risen its stake in La Quinta Hldgs Inc (NYSE:LQ).

Investors sentiment decreased to 1.31 in Q4 2017. Its down 0.35, from 1.66 in 2017Q3. It dropped, as 18 investors sold NBIX shares while 76 reduced holdings. 58 funds opened positions while 65 raised stakes. 91.25 million shares or 1.56% less from 92.69 million shares in 2017Q3 were reported. Wellington Mgmt Group Ltd Liability Partnership reported 3.15M shares. Fisher Asset Limited Liability Corporation accumulated 0% or 5,025 shares. Jefferies Ltd Llc accumulated 6,868 shares. 29,620 were accumulated by Castleark Mgmt Llc. Barclays Plc stated it has 33,139 shares or 0% of all its holdings. Massachusetts Communication Ma invested in 108,635 shares or 0% of the stock. Massachusetts-based Eventide Asset Management Ltd Liability Corporation has invested 0.63% in Neurocrine Biosciences, Inc. (NASDAQ:NBIX). Credit Suisse Ag invested 0.02% in Neurocrine Biosciences, Inc. (NASDAQ:NBIX). Ameriprise Financial invested in 105,885 shares or 0% of the stock. Mutual Of America Capital Mgmt Ltd Liability Com invested in 0.13% or 107,653 shares. Boston Limited Liability reported 0.02% of its portfolio in Neurocrine Biosciences, Inc. (NASDAQ:NBIX). Nomura Asset Mgmt Company Limited reported 14,611 shares stake. Timessquare Capital Mgmt Limited Liability Company holds 1.21% of its portfolio in Neurocrine Biosciences, Inc. (NASDAQ:NBIX) for 2.37 million shares. Paloma Partners Commerce holds 34,145 shares. M&T Savings Bank holds 0% or 2,607 shares.

Since January 2, 2018, it had 0 buys, and 22 insider sales for $29.59 million activity. LYONS GARY A sold 5,000 shares worth $423,341. 23,650 shares were sold by Gano Kyle, worth $2.13 million on Monday, March 5. $295,820 worth of Neurocrine Biosciences, Inc. (NASDAQ:NBIX) was sold by GORMAN KEVIN CHARLES on Tuesday, January 16. $217,341 worth of Neurocrine Biosciences, Inc. (NASDAQ:NBIX) was sold by OBrien Christopher Flint. Lippoldt Darin sold $157,053 worth of Neurocrine Biosciences, Inc. (NASDAQ:NBIX) on Wednesday, January 3. $128,575 worth of Neurocrine Biosciences, Inc. (NASDAQ:NBIX) was sold by Bozigian Haig P. on Tuesday, January 16.

Analysts await Neurocrine Biosciences, Inc. (NASDAQ:NBIX) to report earnings on May, 8. They expect $-0.32 EPS, up 64.44% or $0.58 from last year’s $-0.9 per share. After $0.07 actual EPS reported by Neurocrine Biosciences, Inc. for the previous quarter, Wall Street now forecasts -557.14% negative EPS growth.

Among 16 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 4 Sell and 5 Hold. Therefore 44% are positive. 3M had 83 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, January 26 by Stifel Nicolaus. The company was maintained on Friday, July 24 by RBC Capital Markets. The company was maintained on Tuesday, August 4 by RBC Capital Markets. RBC Capital Markets maintained the shares of MMM in report on Tuesday, July 25 with “Hold” rating. J.P. Morgan maintained 3M Company (NYSE:MMM) on Thursday, January 18 with “Sell” rating. Bank of America maintained 3M Company (NYSE:MMM) on Wednesday, October 25 with “Buy” rating. On Wednesday, July 19 the stock rating was maintained by Stifel Nicolaus with “Hold”. UBS maintained the shares of MMM in report on Wednesday, March 30 with “Buy” rating. RBC Capital Markets maintained the shares of MMM in report on Thursday, January 25 with “Hold” rating. Stifel Nicolaus maintained 3M Company (NYSE:MMM) on Wednesday, January 25 with “Hold” rating.

Analysts await 3M Company (NYSE:MMM) to report earnings on April, 24 before the open. They expect $2.50 earnings per share, up 15.74% or $0.34 from last year’s $2.16 per share. MMM’s profit will be $1.49B for 21.77 P/E if the $2.50 EPS becomes a reality. After $2.10 actual earnings per share reported by 3M Company for the previous quarter, Wall Street now forecasts 19.05% EPS growth.

Marathon Asset Management Llp, which manages about $50.94B and $6.49B US Long portfolio, upped its stake in United Technologies Corp (NYSE:UTX) by 7,731 shares to 469,822 shares, valued at $59.94 million in 2017Q4, according to the filing. It also increased its holding in Time Warner Inc (NYSE:TWX) by 142,384 shares in the quarter, for a total of 417,811 shares, and has risen its stake in Travelers Cos Inc (NYSE:TRV).

Investors sentiment increased to 0.83 in 2017 Q4. Its up 0.06, from 0.77 in 2017Q3. It is positive, as 47 investors sold MMM shares while 635 reduced holdings. 147 funds opened positions while 416 raised stakes. 383.04 million shares or 1.04% less from 387.06 million shares in 2017Q3 were reported. Centre Asset Mngmt Limited Liability reported 1.19% stake. Moreover, Koshinski Asset Mngmt has 0.74% invested in 3M Company (NYSE:MMM). 1,400 are held by Hodges Inc. Seizert Limited Liability Com has invested 0.01% in 3M Company (NYSE:MMM). Strs Ohio invested in 313,959 shares or 0.32% of the stock. Chemung Canal Tru Company has 0.77% invested in 3M Company (NYSE:MMM) for 15,006 shares. Highland Capital Management Ltd Llc owns 16,367 shares for 0.29% of their portfolio. Wellington Shields & Limited holds 5,459 shares or 0.69% of its portfolio. Perigon Wealth Mngmt Lc has invested 1.28% of its portfolio in 3M Company (NYSE:MMM). Ngam Advsrs LP holds 0.15% of its portfolio in 3M Company (NYSE:MMM) for 63,818 shares. Ghp Advisors Inc holds 0.12% of its portfolio in 3M Company (NYSE:MMM) for 3,621 shares. State Of Alaska Department Of Revenue holds 0.64% or 114,300 shares in its portfolio. 36,801 were reported by Kentucky Retirement Sys. Moreover, Kentucky Retirement Tru Fund has 0.62% invested in 3M Company (NYSE:MMM). First Quadrant Limited Partnership Ca holds 0.03% of its portfolio in 3M Company (NYSE:MMM) for 6,700 shares.

3M Company (NYSE:MMM) Institutional Positions Chart

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