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Baillie Gifford & Company Has Lifted Foundation Medicine (FMI) Position; Laredo Petroleum (LPI) Sellers Increased By 32.29% Their Shorts

Foundation Medicine, Inc. (NASDAQ:FMI) Logo

Baillie Gifford & Company increased Foundation Medicine (FMI) stake by 20.08% reported in 2017Q4 SEC filing. Baillie Gifford & Company acquired 51,368 shares as Foundation Medicine (FMI)’s stock rose 20.73%. The Baillie Gifford & Company holds 307,158 shares with $20.95M value, up from 255,790 last quarter. Foundation Medicine now has $2.69 billion valuation. The stock increased 0.07% or $0.05 during the last trading session, reaching $72.8. About 158,872 shares traded. Foundation Medicine, Inc. (NASDAQ:FMI) has risen 134.36% since April 21, 2017 and is uptrending. It has outperformed by 122.81% the S&P500.

Laredo Petroleum Inc (NYSE:LPI) had an increase of 32.29% in short interest. LPI’s SI was 23.25 million shares in April as released by FINRA. Its up 32.29% from 17.58 million shares previously. With 3.25 million avg volume, 7 days are for Laredo Petroleum Inc (NYSE:LPI)’s short sellers to cover LPI’s short positions. The SI to Laredo Petroleum Inc’s float is 16.48%. The stock increased 0.49% or $0.05 during the last trading session, reaching $10.3. About 2.66M shares traded. Laredo Petroleum, Inc. (NYSE:LPI) has declined 35.20% since April 21, 2017 and is downtrending. It has underperformed by 46.75% the S&P500.

Investors sentiment increased to 1.39 in Q4 2017. Its up 0.11, from 1.28 in 2017Q3. It increased, as 13 investors sold FMI shares while 28 reduced holdings. 33 funds opened positions while 24 raised stakes. 10.07 million shares or 3.72% more from 9.71 million shares in 2017Q3 were reported. Hitchwood Capital Mgmt Ltd Partnership holds 0.92% of its portfolio in Foundation Medicine, Inc. (NASDAQ:FMI) for 360,000 shares. Principal Fincl owns 5,891 shares for 0% of their portfolio. Parametric Assocs Ltd Liability holds 0% or 5,148 shares in its portfolio. Dekabank Deutsche Girozentrale holds 19,400 shares or 0.01% of its portfolio. Legal And General Grp Public Ltd Co accumulated 3,714 shares or 0% of the stock. Thompson Davis And Incorporated invested 0.01% in Foundation Medicine, Inc. (NASDAQ:FMI). Sei holds 0% of its portfolio in Foundation Medicine, Inc. (NASDAQ:FMI) for 23 shares. Advisory Research stated it has 76,581 shares or 0.09% of all its holdings. D E Shaw & Communication holds 74,612 shares. Lord Abbett Ltd invested in 595,515 shares. Millennium owns 0% invested in Foundation Medicine, Inc. (NASDAQ:FMI) for 26,056 shares. Rockefeller Financial Inc has 10,000 shares for 0.01% of their portfolio. Tower Capital Limited Liability Com (Trc) reported 0.01% of its portfolio in Foundation Medicine, Inc. (NASDAQ:FMI). Karp Capital Management Corp has invested 0.36% in Foundation Medicine, Inc. (NASDAQ:FMI). Amundi Pioneer Asset Mgmt reported 274,589 shares.

Baillie Gifford & Company decreased Leucadia National (NYSE:LUK) stake by 104,738 shares to 13.93 million valued at $369.09 million in 2017Q4. It also reduced Ferrari Nv stake by 451,672 shares and now owns 14.82M shares. Tesla Inc (NASDAQ:TSLA) was reduced too.

Among 11 analysts covering Foundation Medicine (NASDAQ:FMI), 2 have Buy rating, 0 Sell and 9 Hold. Therefore 18% are positive. Foundation Medicine had 16 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, November 4 by BTIG Research. On Wednesday, September 21 the stock rating was maintained by UBS with “Neutral”. The stock of Foundation Medicine, Inc. (NASDAQ:FMI) has “Buy” rating given on Wednesday, March 28 by Cowen & Co. The firm has “Buy” rating by Cowen & Co given on Thursday, February 15. The rating was downgraded by Benchmark to “Hold” on Thursday, November 3. On Monday, May 15 the stock rating was upgraded by BTIG Research to “Buy”. JMP Securities downgraded the stock to “Market Perform” rating in Thursday, July 30 report. The rating was upgraded by Janney Capital to “Neutral” on Tuesday, March 7. The firm earned “Buy” rating on Monday, September 14 by BTIG Research. Wells Fargo maintained Foundation Medicine, Inc. (NASDAQ:FMI) on Thursday, March 8 with “Market Perform” rating.

Among 34 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 14 have Buy rating, 3 Sell and 17 Hold. Therefore 41% are positive. Laredo Petroleum Holdings Inc had 102 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, December 3 the stock rating was initiated by Nomura with “Neutral”. Topeka Capital Markets maintained the stock with “Buy” rating in Tuesday, January 26 report. The stock has “Buy” rating by Piper Jaffray on Wednesday, September 6. Seaport Global upgraded the shares of LPI in report on Friday, March 31 to “Buy” rating. The stock of Laredo Petroleum, Inc. (NYSE:LPI) earned “Neutral” rating by JP Morgan on Friday, May 13. The firm earned “Hold” rating on Wednesday, December 2 by Deutsche Bank. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, October 10. The stock has “Hold” rating by BMO Capital Markets on Monday, June 26. The stock of Laredo Petroleum, Inc. (NYSE:LPI) has “Market Perform” rating given on Thursday, November 2 by BMO Capital Markets. The stock has “Hold” rating by Williams Capital Group on Thursday, January 25.

Investors sentiment increased to 1.39 in Q4 2017. Its up 0.19, from 1.2 in 2017Q3. It is positive, as 17 investors sold Laredo Petroleum, Inc. shares while 40 reduced holdings. 29 funds opened positions while 50 raised stakes. 251.28 million shares or 1.13% less from 254.15 million shares in 2017Q3 were reported. 32,410 are held by Amalgamated Bancorporation. Principal Financial Gru accumulated 26,922 shares. Parallax Volatility Advisers Limited Partnership has 0% invested in Laredo Petroleum, Inc. (NYSE:LPI). Los Angeles Cap Mgmt & Equity Inc has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Renaissance Tech Limited Com reported 0% of its portfolio in Laredo Petroleum, Inc. (NYSE:LPI). 257,209 are held by California State Teachers Retirement Sys. Millennium Limited Liability Corp invested in 0.13% or 8.63 million shares. Art Advsrs Ltd Company has 0.07% invested in Laredo Petroleum, Inc. (NYSE:LPI) for 153,406 shares. Sg Americas Securities Ltd Liability Corporation has invested 0.01% in Laredo Petroleum, Inc. (NYSE:LPI). State Of Alaska Department Of Revenue owns 11,600 shares or 0% of their US portfolio. Aqr Ltd reported 1.48M shares. Ameriprise Finance Inc holds 0% or 48,437 shares. The Florida-based Raymond James Fincl Serv Advsrs Inc has invested 0% in Laredo Petroleum, Inc. (NYSE:LPI). Northwestern Mutual Wealth Management reported 498 shares. State Board Of Administration Of Florida Retirement System owns 277,900 shares.

Laredo Petroleum, Inc. operates as an independent energy firm in the United States. The company has market cap of $2.45 billion. It operates through two divisions, Exploration and Production of Oil and Natural Gas Properties; and Midstream and Marketing. It has a 4.5 P/E ratio. It focuses on the acquisition, exploration, and development of oil and natural gas properties; and the transportation of oil and natural gas primarily in the Permian Basin in West Texas, as well as rig fuel, natural gas lift, and water delivery and takeaway services.

Laredo Petroleum, Inc. (NYSE:LPI) Institutional Positions Chart

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