Trending Stock News

Biogen (BIIB) Holder Kazazian Asset Management Has Lowered Stake; Danaher (DHR) Shareholder Gofen & Glossberg Raised Stake by $2.53 Million

Biogen Inc. (NASDAQ:BIIB) Logo

Kazazian Asset Management Llc decreased its stake in Biogen Inc (BIIB) by 12.11% based on its latest 2017Q4 regulatory filing with the SEC. Kazazian Asset Management Llc sold 1,272 shares as the company’s stock declined 17.01% with the market. The institutional investor held 9,229 shares of the biological products (no diagnostic substances) company at the end of 2017Q4, valued at $2.94 million, down from 10,501 at the end of the previous reported quarter. Kazazian Asset Management Llc who had been investing in Biogen Inc for a number of months, seems to be less bullish one the $59.20B market cap company. The stock decreased 0.33% or $0.94 during the last trading session, reaching $280.57. About 1.16 million shares traded. Biogen Inc. (NASDAQ:BIIB) has declined 3.66% since May 18, 2017 and is downtrending. It has underperformed by 15.21% the S&P500.

Gofen & Glossberg Llc increased its stake in Danaher (DHR) by 13.57% based on its latest 2017Q4 regulatory filing with the SEC. Gofen & Glossberg Llc bought 27,554 shares as the company’s stock rose 4.06% while stock markets declined. The institutional investor held 230,625 shares of the industrial machinery and components company at the end of 2017Q4, valued at $21.41M, up from 203,071 at the end of the previous reported quarter. Gofen & Glossberg Llc who had been investing in Danaher for a number of months, seems to be bullish on the $70.40 billion market cap company. The stock increased 0.08% or $0.08 during the last trading session, reaching $100.78. About 1.44M shares traded. Danaher Corporation (NYSE:DHR) has risen 13.03% since May 18, 2017 and is uptrending. It has outperformed by 1.48% the S&P500.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.04, from 1.13 in 2017Q3. It improved, as 46 investors sold BIIB shares while 305 reduced holdings. 105 funds opened positions while 305 raised stakes. 180.65 million shares or 0.28% less from 181.16 million shares in 2017Q3 were reported. Eulav Asset Management accumulated 39,000 shares. Wetherby Asset Mgmt invested 0.16% of its portfolio in Biogen Inc. (NASDAQ:BIIB). Hl Ltd Liability Com has invested 0.03% in Biogen Inc. (NASDAQ:BIIB). Ameritas Investment Prtn Inc holds 16,716 shares. Northeast Fin Consultants holds 0.29% of its portfolio in Biogen Inc. (NASDAQ:BIIB) for 2,743 shares. Holderness Investments stated it has 970 shares or 0.15% of all its holdings. Magnetar Ltd Limited Liability Company reported 636 shares or 0% of all its holdings. Moreno Evelyn V invested 1.86% in Biogen Inc. (NASDAQ:BIIB). Qs Lc invested in 0.12% or 39,655 shares. Old National Bancorporation In has invested 0.03% in Biogen Inc. (NASDAQ:BIIB). Stratos Wealth Ptnrs holds 0.13% of its portfolio in Biogen Inc. (NASDAQ:BIIB) for 9,040 shares. Schwab Charles Management accumulated 832,638 shares. Keybank Natl Association Oh accumulated 14,814 shares. California-based Clarivest Asset Management Lc has invested 0.41% in Biogen Inc. (NASDAQ:BIIB). 1,411 were reported by Signaturefd Lc.

Analysts await Biogen Inc. (NASDAQ:BIIB) to report earnings on July, 24. They expect $5.32 earnings per share, up 5.56% or $0.28 from last year’s $5.04 per share. BIIB’s profit will be $1.12B for 13.18 P/E if the $5.32 EPS becomes a reality. After $6.05 actual earnings per share reported by Biogen Inc. for the previous quarter, Wall Street now forecasts -12.07% negative EPS growth.

More notable recent Biogen Inc. (NASDAQ:BIIB) news were published by: Nasdaq.com which released: “Ionis Pharmaceuticals Prepares for Launch” on May 09, 2018, also Seekingalpha.com with their article: “Biogen Q1 2018: Too Cheap To Ignore” published on April 25, 2018, Seekingalpha.com published: “Biogen: Down Too Far, Too Fast?” on April 25, 2018. More interesting news about Biogen Inc. (NASDAQ:BIIB) were released by: Seekingalpha.com and their article: “Biogen Inc. 2018 Q1 – Results – Earnings Call Slides” published on April 24, 2018 as well as Seekingalpha.com‘s news article titled: “Biogen’s Ionis Deal Is Brilliant” with publication date: April 25, 2018.

Since January 9, 2018, it had 1 insider buy, and 5 sales for $10.09 million activity. Sandrock Alfred had sold 908 shares worth $266,444 on Friday, February 23. $1.92 million worth of Biogen Inc. (NASDAQ:BIIB) was sold by PANGIA ROBERT W.

Among 33 analysts covering Biogen Idec Inc. (NASDAQ:BIIB), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. Biogen Idec Inc. had 132 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, April 24. The stock of Biogen Inc. (NASDAQ:BIIB) earned “Hold” rating by Mizuho on Sunday, October 15. Raymond James maintained Biogen Inc. (NASDAQ:BIIB) on Tuesday, August 2 with “Strong Buy” rating. The firm earned “Hold” rating on Tuesday, July 11 by Jefferies. As per Monday, July 17, the company rating was maintained by BMO Capital Markets. The firm has “Strong Buy” rating given on Thursday, December 29 by Raymond James. Oppenheimer initiated the shares of BIIB in report on Wednesday, November 8 with “Buy” rating. Canaccord Genuity maintained Biogen Inc. (NASDAQ:BIIB) rating on Wednesday, January 24. Canaccord Genuity has “Hold” rating and $350 target. As per Tuesday, August 25, the company rating was maintained by Cowen & Co. BMO Capital Markets downgraded it to “Market Perform” rating and $360 target in Friday, July 24 report.

Since February 1, 2018, it had 0 insider purchases, and 10 insider sales for $48.98 million activity. Another trade for 18,001 shares valued at $1.83M was made by HEFNER LINDA P on Thursday, April 26. $398,295 worth of Danaher Corporation (NYSE:DHR) shares were sold by Blair Rainer. Shares for $7.97 million were sold by COMAS DANIEL L. 120,354 shares valued at $12.18M were sold by Joyce Thomas Patrick JR on Friday, April 20. SCHWIETERS JOHN T sold $1.06 million worth of stock or 10,578 shares. $4.40M worth of stock was sold by Lalor Angela S on Friday, February 2.

Among 20 analysts covering Danaher Corporation (NYSE:DHR), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Danaher Corporation had 94 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, April 3. RBC Capital Markets maintained the shares of DHR in report on Wednesday, September 9 with “Sector Perform” rating. On Wednesday, January 27 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Argus Research maintained the shares of DHR in report on Monday, October 26 with “Buy” rating. The firm has “Buy” rating given on Thursday, August 10 by Stifel Nicolaus. RBC Capital Markets maintained Danaher Corporation (NYSE:DHR) rating on Monday, July 10. RBC Capital Markets has “Hold” rating and $8800 target. The stock of Danaher Corporation (NYSE:DHR) earned “Buy” rating by Jefferies on Wednesday, September 13. Credit Suisse maintained Danaher Corporation (NYSE:DHR) on Friday, October 20 with “Outperform” rating. The firm has “Buy” rating by Robert W. Baird given on Thursday, January 11. The company was maintained on Wednesday, June 21 by Deutsche Bank.

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.04, from 1.01 in 2017Q3. It worsened, as 50 investors sold DHR shares while 376 reduced holdings. 79 funds opened positions while 333 raised stakes. 516.43 million shares or 1.05% more from 511.08 million shares in 2017Q3 were reported. Jp Marvel Advsrs stated it has 0.69% of its portfolio in Danaher Corporation (NYSE:DHR). Massachusetts Svcs Ma invested in 0.84% or 21.66M shares. Comerica Retail Bank holds 199,247 shares. Tnb reported 0.07% in Danaher Corporation (NYSE:DHR). Sigma Investment Counselors holds 36,768 shares. Moreover, Pictet State Bank & Limited has 0.72% invested in Danaher Corporation (NYSE:DHR) for 26,575 shares. Motco stated it has 1,457 shares. Wealthfront accumulated 0.02% or 18,987 shares. Oakwood Cap Management Ltd Ca invested 1.14% of its portfolio in Danaher Corporation (NYSE:DHR). Arcadia Invest Corporation Mi has invested 0.66% in Danaher Corporation (NYSE:DHR). Hightower Advsrs Llc owns 98,616 shares. Us Commercial Bank De owns 0.07% invested in Danaher Corporation (NYSE:DHR) for 251,389 shares. Marble Harbor Inv Counsel Ltd reported 0.39% in Danaher Corporation (NYSE:DHR). Monetary Mngmt Grp Inc Incorporated reported 1,550 shares stake. Hartford Investment Mgmt Company has 0.22% invested in Danaher Corporation (NYSE:DHR) for 127,906 shares.

Danaher Corporation (NYSE:DHR) Institutional Positions Chart

Leave a Reply

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