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As Novartis A G (NVS) Shares Declined, Managed Asset Portfolios Boosted Holding by $360,718; Css Lowered Its Position in Gabelli Globl Util & Income (GLU) as Shares Declined

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Css Llc decreased its stake in Gabelli Globl Util & Income (GLU) by 14.17% based on its latest 2017Q4 regulatory filing with the SEC. Css Llc sold 22,674 shares as the company’s stock declined 13.03% with the market. The institutional investor held 137,335 shares of the company at the end of 2017Q4, valued at $2.93 million, down from 160,009 at the end of the previous reported quarter. Css Llc who had been investing in Gabelli Globl Util & Income for a number of months, seems to be less bullish one the $ market cap company. The stock increased 0.11% or $0.02 during the last trading session, reaching $18.71. About 8,211 shares traded. Gabelli Global Utility of Bene (NYSEMKT:GLU) has risen 0.61% since April 23, 2017 and is uptrending. It has underperformed by 10.94% the S&P500.

Managed Asset Portfolios Llc increased its stake in Novartis A G (NVS) by 1.91% based on its latest 2017Q4 regulatory filing with the SEC. Managed Asset Portfolios Llc bought 4,346 shares as the company’s stock declined 4.22% with the market. The institutional investor held 231,772 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $19.46M, up from 227,426 at the end of the previous reported quarter. Managed Asset Portfolios Llc who had been investing in Novartis A G for a number of months, seems to be bullish on the $182.80 billion market cap company. The stock decreased 1.42% or $1.12 during the last trading session, reaching $77.88. About 2.93 million shares traded or 52.72% up from the average. Novartis AG (NYSE:NVS) has risen 5.79% since April 23, 2017 and is uptrending. It has underperformed by 5.76% the S&P500.

Among 16 analysts covering Novartis Ag (NYSE:NVS), 5 have Buy rating, 4 Sell and 7 Hold. Therefore 31% are positive. Novartis Ag had 36 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, August 9 by Cowen & Co. The firm earned “Hold” rating on Monday, September 11 by Cowen & Co. The company was initiated on Tuesday, April 5 by Argus Research. The stock of Novartis AG (NYSE:NVS) has “Buy” rating given on Tuesday, September 20 by Chardan Capital Markets. On Wednesday, April 19 the stock rating was maintained by JP Morgan with “Neutral”. The stock of Novartis AG (NYSE:NVS) has “Hold” rating given on Tuesday, July 18 by Cowen & Co. The firm earned “Neutral” rating on Friday, June 16 by J P Morgan Chase Co. The rating was maintained by Cowen & Co on Friday, October 13 with “Hold”. Cowen & Co maintained the shares of NVS in report on Monday, July 10 with “Hold” rating. As per Wednesday, March 23, the company rating was downgraded by Leerink Swann.

Css Llc, which manages about $2.03 billion US Long portfolio, upped its stake in Liberty Media Corp Delaware by 20,938 shares to 37,015 shares, valued at $1.21M in 2017Q4, according to the filing. It also increased its holding in Rite Aid Corp (NYSE:RAD) by 939,049 shares in the quarter, for a total of 1.20M shares, and has risen its stake in Ctrip Com Intl Ltd (Put) (NASDAQ:CTRP).

Novartis AG (NYSE:NVS) Ratings Chart

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