Trending Stock News

P-R Herzig & Co Decreased Stake in Hanesbrands (HBI) by $526,000; As Celgene (CELG) Stock Declined, Holder Seatown Holdings Lifted Stake

Celgene Corporation (NASDAQ:CELG) Logo

Seatown Holdings increased its stake in Celgene Corp (CELG) by 658.59% based on its latest 2017Q4 regulatory filing with the SEC. Seatown Holdings bought 263,403 shares as the company’s stock declined 19.30% with the market. The institutional investor held 303,398 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $31.66M, up from 39,995 at the end of the previous reported quarter. Seatown Holdings who had been investing in Celgene Corp for a number of months, seems to be bullish on the $67.34B market cap company. The stock increased 0.64% or $0.57 during the last trading session, reaching $89.52. About 743,701 shares traded. Celgene Corporation (NASDAQ:CELG) has declined 31.28% since April 23, 2017 and is downtrending. It has underperformed by 42.83% the S&P500.

P-R Herzig & Co decreased its stake in Hanesbrands Inc (HBI) by 50.19% based on its latest 2017Q4 regulatory filing with the SEC. P-R Herzig & Co sold 26,300 shares as the company’s stock declined 7.94% with the market. The institutional investor held 26,100 shares of the clothing and shoe and accessory stores company at the end of 2017Q4, valued at $546,000, down from 52,400 at the end of the previous reported quarter. P-R Herzig & Co who had been investing in Hanesbrands Inc for a number of months, seems to be less bullish one the $6.56 billion market cap company. The stock increased 5.81% or $1 during the last trading session, reaching $18.21. About 3.51M shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 8.16% since April 23, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

P-R Herzig & Co, which manages about $134.68M and $52.11M US Long portfolio, upped its stake in Qualcomm Inc (NASDAQ:QCOM) by 8,150 shares to 39,650 shares, valued at $2.54M in 2017Q4, according to the filing.

Analysts await Hanesbrands Inc. (NYSE:HBI) to report earnings on May, 1 after the close. They expect $0.24 earnings per share, down 17.24% or $0.05 from last year’s $0.29 per share. HBI’s profit will be $86.48 million for 18.97 P/E if the $0.24 EPS becomes a reality. After $0.52 actual earnings per share reported by Hanesbrands Inc. for the previous quarter, Wall Street now forecasts -53.85% negative EPS growth.

Among 21 analysts covering Hanesbrands (NYSE:HBI), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Hanesbrands had 60 analyst reports since September 17, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $27 target in Thursday, January 25 report. Stifel Nicolaus maintained the shares of HBI in report on Thursday, November 2 with “Hold” rating. The firm earned “Buy” rating on Monday, December 12 by DA Davidson. The firm earned “Neutral” rating on Tuesday, December 19 by Citigroup. The rating was downgraded by Oppenheimer to “Perform” on Tuesday, October 24. The firm earned “Neutral” rating on Thursday, September 21 by Nomura. As per Thursday, November 2, the company rating was maintained by Morgan Stanley. The company was maintained on Friday, February 9 by B. Riley & Co. The rating was downgraded by Cowen & Co on Wednesday, October 12 to “Market Perform”. The rating was maintained by FBR Capital on Thursday, February 8 with “Buy”.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.04, from 1.15 in 2017Q3. It dived, as 75 investors sold HBI shares while 173 reduced holdings. 79 funds opened positions while 197 raised stakes. 337.77 million shares or 0.93% more from 334.65 million shares in 2017Q3 were reported. Bb&T Securities Limited Company stated it has 791,193 shares or 0.21% of all its holdings. Intrust Bancorp Na invested in 0.18% or 28,231 shares. Commerzbank Aktiengesellschaft Fi has invested 0.01% in Hanesbrands Inc. (NYSE:HBI). Sigma Planning Corporation, Michigan-based fund reported 20,242 shares. Pnc Grp owns 176,817 shares. Fulton Fincl Bank Na holds 52,427 shares. Jensen Mngmt owns 26,000 shares. Glg Limited Liability Corporation holds 18,833 shares. The New York-based Qs Limited Liability Corp has invested 0% in Hanesbrands Inc. (NYSE:HBI). Goldman Sachs Inc holds 3.07M shares or 0.02% of its portfolio. Etrade Capital Management Ltd Liability owns 23,661 shares. Teachers Retirement Sys Of The State Of Kentucky holds 0.01% or 40,600 shares in its portfolio. Canada Pension Plan Invest Board reported 0% in Hanesbrands Inc. (NYSE:HBI). Sei Invs invested in 0.04% or 557,858 shares. Teacher Retirement Systems Of Texas accumulated 97,121 shares.

Since February 15, 2018, it had 0 insider buys, and 1 sale for $1.07 million activity.

Seatown Holdings, which manages about $1.06 billion US Long portfolio, decreased its stake in Netflix Inc (NASDAQ:NFLX) by 78,600 shares to 1,651 shares, valued at $317,000 in 2017Q4, according to the filing. It also reduced its holding in Bank Amer Corp (NYSE:BAC) by 210,000 shares in the quarter, leaving it with 209,000 shares, and cut its stake in Hilton Worldwide Hldgs Inc.

Investors sentiment decreased to 0.83 in Q4 2017. Its down 0.34, from 1.17 in 2017Q3. It dived, as 156 investors sold CELG shares while 478 reduced holdings. 118 funds opened positions while 411 raised stakes. 561.38 million shares or 7.06% less from 603.99 million shares in 2017Q3 were reported. Natl Bank reported 168,333 shares. Beacon Inc reported 1,146 shares. Sib Ltd Liability Corporation holds 3.41% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 45,477 shares. State Board Of Administration Of Florida Retirement Systems holds 0.3% or 1.09 million shares in its portfolio. Muhlenkamp And Commerce holds 70,101 shares. Jacobs & Ca has invested 0.55% in Celgene Corporation (NASDAQ:CELG). Trust Investment Advsrs invested in 0.45% or 3,875 shares. Psagot House reported 100,108 shares. Axa invested in 1.16M shares or 0.48% of the stock. 64,292 are held by Mastrapasqua Asset Mngmt Inc. Teewinot Capital Advisers Ltd Liability stated it has 72,909 shares. Strategic Advisors Ltd holds 0.1% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 2,261 shares. Wealthfront Incorporated owns 20,965 shares or 0.02% of their US portfolio. Rock Point Ltd Company invested in 2,026 shares. Telemus Ltd Liability invested in 26,123 shares or 0.21% of the stock.

Among 34 analysts covering Celgene Corporation (NASDAQ:CELG), 19 have Buy rating, 1 Sell and 14 Hold. Therefore 56% are positive. Celgene Corporation had 142 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, October 20, the company rating was downgraded by Robert W. Baird. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, February 28. The firm earned “Buy” rating on Friday, June 23 by Jefferies. Barclays Capital upgraded Celgene Corporation (NASDAQ:CELG) on Tuesday, February 13 to “Buy” rating. The stock has “Outperform” rating by Credit Suisse on Wednesday, February 28. As per Monday, October 23, the company rating was maintained by Morgan Stanley. Cantor Fitzgerald maintained Celgene Corporation (NASDAQ:CELG) rating on Thursday, July 6. Cantor Fitzgerald has “Buy” rating and $16000 target. BTIG Research downgraded Celgene Corporation (NASDAQ:CELG) on Wednesday, June 1 to “Neutral” rating. The firm has “Neutral” rating given on Monday, October 23 by PiperJaffray. The stock of Celgene Corporation (NASDAQ:CELG) has “Buy” rating given on Monday, July 10 by Jefferies.

Since February 8, 2018, it had 1 insider purchase, and 3 selling transactions for $3.58 million activity. $299,594 worth of Celgene Corporation (NASDAQ:CELG) shares were bought by Alles Mark J. Shares for $1.26M were sold by MARIO ERNEST. 9,250 shares valued at $851,093 were sold by LOUGHLIN JAMES J on Monday, March 12.

Celgene Corporation (NASDAQ:CELG) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *