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Mercer International Inc. (MERC) Reaches $15.40 52-Week High; J-P Marvel Investment Advisors Has Upped By $467,500 Its Raytheon Co. New (RTN) Position

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J-P Marvel Investment Advisors Llc increased Raytheon Co. New (RTN) stake by 103.73% reported in 2017Q4 SEC filing. J-P Marvel Investment Advisors Llc acquired 2,500 shares as Raytheon Co. New (RTN)’s stock rose 14.84%. The J-P Marvel Investment Advisors Llc holds 4,910 shares with $922,000 value, up from 2,410 last quarter. Raytheon Co. New now has $60.45 billion valuation. The stock increased 0.49% or $1.03 during the last trading session, reaching $210.43. About 108,189 shares traded. Raytheon Company (NYSE:RTN) has risen 42.32% since May 16, 2017 and is uptrending. It has outperformed by 30.77% the S&P500.

The stock of Mercer International Inc. (NASDAQ:MERC) hit a new 52-week high and has $16.32 target or 6.00% above today’s $15.40 share price. The 9 months bullish chart indicates low risk for the $1.00B company. The 1-year high was reported on May, 16 by Barchart.com. If the $16.32 price target is reached, the company will be worth $60.18M more. The stock increased 1.99% or $0.3 during the last trading session, reaching $15.4. About 99,840 shares traded. Mercer International Inc. (NASDAQ:MERC) has risen 4.64% since May 16, 2017 and is uptrending. It has underperformed by 6.91% the S&P500.

Since December 12, 2017, it had 2 buys, and 18 selling transactions for $2.74 million activity. GANDOSSI DAVID M also sold $173,980 worth of Mercer International Inc. (NASDAQ:MERC) on Wednesday, January 24. $355,092 worth of Mercer International Inc. (NASDAQ:MERC) shares were sold by LEE JIMMY S H. The insider Lauritzen Eric sold 1,400 shares worth $18,251. KELLOGG PETER R bought $142,549 worth of stock or 10,000 shares. Another trade for 2,200 shares valued at $28,355 was made by ORR NANCY on Wednesday, March 14.

Among 7 analysts covering Mercer Intl (NASDAQ:MERC), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Mercer Intl had 19 analyst reports since August 26, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, January 13 by Sidoti. Standpoint Research initiated the stock with “Buy” rating in Tuesday, April 26 report. The company was maintained on Sunday, October 29 by RBC Capital Markets. On Friday, April 29 the stock rating was downgraded by TD Securities to “Hold”. On Friday, September 11 the stock rating was upgraded by TD Securities to “Buy”. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. On Friday, May 11 the stock rating was upgraded by Credit Suisse to “Outperform”. The firm earned “Buy” rating on Thursday, January 11 by RBC Capital Markets. As per Friday, January 6, the company rating was downgraded by RBC Capital Markets. The firm has “Outperform” rating by Credit Suisse given on Monday, November 2.

More notable recent Mercer International Inc. (NASDAQ:MERC) news were published by: Nasdaq.com which released: “Mercer International Inc. to Present at Upcoming Barclays 2018 High Yield Bond and Syndicated Loan Conference” on May 08, 2018, also Seekingalpha.com with their article: “Mercer International’s (MERC) CEO David Gandossi on Q1 2018 Results – Earnings Call Transcript” published on May 04, 2018, Nasdaq.com published: “Mercer International Inc. Reports Record First Quarter Results and Announces Quarterly Cash Dividend of $0.125” on May 03, 2018. More interesting news about Mercer International Inc. (NASDAQ:MERC) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For May 11, 2018” published on May 11, 2018 as well as Streetinsider.com‘s news article titled: “Mercer Int’l (MERC) Could be Possible M&A Candidate for International Paper (IP) – CIBC” with publication date: May 07, 2018.

Mercer International Inc., together with its subsidiaries, makes and sells northern bleached softwood Kraft pulp worldwide. The company has market cap of $1.00 billion. It produces NBSK pulp principally from wood chips and pulp logs; and tall oil for use as a chemical additive and green energy source, as well as carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste. It has a 14.26 P/E ratio. The firm sells its pulp to tissue, specialty papers, and printing and writing paper manufacturers; and green energy to third party utilities.

Investors sentiment increased to 1.93 in 2017 Q4. Its up 0.53, from 1.4 in 2017Q3. It increased, as 5 investors sold Mercer International Inc. shares while 24 reduced holdings. 22 funds opened positions while 34 raised stakes. 48.35 million shares or 4.62% less from 50.69 million shares in 2017Q3 were reported. The Pennsylvania-based Ajo Limited Partnership has invested 0.03% in Mercer International Inc. (NASDAQ:MERC). The Massachusetts-based Wellington Mngmt Llp has invested 0% in Mercer International Inc. (NASDAQ:MERC). 72,596 were accumulated by Goldman Sachs Group. Royal Bancorporation Of Canada holds 0% or 119,700 shares in its portfolio. Geode Capital Mngmt Limited Liability Corp reported 0% stake. James Inv accumulated 139,270 shares. Foundry Ltd Limited Liability Company reported 0.19% stake. Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Mercer International Inc. (NASDAQ:MERC). Panagora Asset Mngmt Inc accumulated 2,015 shares. Art Advisors Ltd Llc owns 35,394 shares or 0.02% of their US portfolio. Bogle Invest L P De holds 86,886 shares. Northern Trust holds 1.28M shares. Jpmorgan Chase & stated it has 0% in Mercer International Inc. (NASDAQ:MERC). Gates Cap Mngmt accumulated 4.80M shares. Plante Moran Financial Advisors Lc has 361 shares.

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company had 80 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Raytheon Company (NYSE:RTN) earned “Buy” rating by Jefferies on Thursday, January 25. Credit Suisse maintained the shares of RTN in report on Monday, April 3 with “Buy” rating. The firm has “Equal Weight” rating by Barclays Capital given on Monday, May 2. The rating was initiated by Robert W. Baird with “Outperform” on Thursday, October 6. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, July 27. Jefferies maintained the shares of RTN in report on Monday, August 28 with “Buy” rating. The stock of Raytheon Company (NYSE:RTN) has “Buy” rating given on Thursday, August 10 by Robert W. Baird. The stock of Raytheon Company (NYSE:RTN) earned “Overweight” rating by Morgan Stanley on Friday, February 23. Wells Fargo maintained the shares of RTN in report on Friday, October 27 with “Outperform” rating. The company was maintained on Friday, January 26 by Stifel Nicolaus.

Since January 2, 2018, it had 1 buying transaction, and 19 sales for $31.41 million activity. $9.67M worth of Raytheon Company (NYSE:RTN) shares were sold by Kennedy Thomas A. On Friday, March 23 the insider Lawrence Taylor W sold $233,942. Wood Michael J sold 523 shares worth $112,078. $320,152 worth of Raytheon Company (NYSE:RTN) shares were sold by Jimenez Frank R. $2.03 million worth of stock was sold by Kremer Wesley D on Wednesday, March 28. Shares for $120,790 were sold by Long Letitia A on Tuesday, January 2. 1,219 shares valued at $249,895 were bought by Paliwal Dinesh C on Monday, April 30.

Investors sentiment decreased to 1.09 in 2017 Q4. Its down 0.12, from 1.21 in 2017Q3. It dropped, as 36 investors sold RTN shares while 374 reduced holdings. 106 funds opened positions while 340 raised stakes. 202.53 million shares or 1.45% less from 205.51 million shares in 2017Q3 were reported. Moreover, Court Place Advisors Ltd has 1.1% invested in Raytheon Company (NYSE:RTN) for 14,219 shares. Victory Cap Mngmt Inc owns 0.01% invested in Raytheon Company (NYSE:RTN) for 23,175 shares. 18,403 are held by Greenwood Cap Ltd Liability Co. Marble Harbor Invest Counsel Limited Liability has 0.04% invested in Raytheon Company (NYSE:RTN). Alpha Cubed Investments Ltd Limited Liability Company accumulated 2,122 shares or 0.05% of the stock. Uss Invest Mngmt Limited invested in 2.94% or 1.35 million shares. Narwhal Capital Mngmt owns 43,315 shares or 1.87% of their US portfolio. Cwm Ltd Company has invested 0.01% of its portfolio in Raytheon Company (NYSE:RTN). Advisors Limited Liability Company reported 0.03% of its portfolio in Raytheon Company (NYSE:RTN). Moreover, Dumont And Blake Advsrs Llc has 0.36% invested in Raytheon Company (NYSE:RTN) for 4,720 shares. Nomura has 0.04% invested in Raytheon Company (NYSE:RTN). The Pennsylvania-based Pitcairn Communication has invested 0.08% in Raytheon Company (NYSE:RTN). Schafer Cullen Capital Mngmt owns 625,586 shares. First Heartland Consultants invested 0.11% in Raytheon Company (NYSE:RTN). Sequoia Finance Ltd Liability Company invested in 1,768 shares.

Mercer International Inc. (NASDAQ:MERC) Institutional Positions Chart

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