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Auxier Asset Management Trimmed Its Holding in America Movil Adr (AMX) by $319,600 as Market Valuation Rose; Celgene (CELG) Shareholder Edgewood Management Boosted Its Holding

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Edgewood Management Llc increased its stake in Celgene Corp (CELG) by 9.25% based on its latest 2017Q4 regulatory filing with the SEC. Edgewood Management Llc bought 976,596 shares as the company’s stock declined 19.30% with the market. The institutional investor held 11.53M shares of the major pharmaceuticals company at the end of 2017Q4, valued at $1.20 billion, up from 10.56 million at the end of the previous reported quarter. Edgewood Management Llc who had been investing in Celgene Corp for a number of months, seems to be bullish on the $56.92 billion market cap company. The stock decreased 2.01% or $1.61 during the last trading session, reaching $78.37. About 6.79 million shares traded. Celgene Corporation (NASDAQ:CELG) has declined 31.28% since May 19, 2017 and is downtrending. It has underperformed by 42.83% the S&P500.

Auxier Asset Management decreased its stake in America Movil Adr (AMX) by 4.47% based on its latest 2017Q4 regulatory filing with the SEC. Auxier Asset Management sold 18,800 shares as the company’s stock rose 12.62% while stock markets declined. The institutional investor held 402,169 shares of the public utilities company at the end of 2017Q4, valued at $6.90M, down from 420,969 at the end of the previous reported quarter. Auxier Asset Management who had been investing in America Movil Adr for a number of months, seems to be less bullish one the $54.55B market cap company. The stock decreased 0.18% or $0.03 during the last trading session, reaching $16.35. About 1.80M shares traded. América Móvil, S.A.B. de C.V. (NYSE:AMX) has risen 33.47% since May 19, 2017 and is uptrending. It has outperformed by 21.92% the S&P500.

Analysts await América Móvil, S.A.B. de C.V. (NYSE:AMX) to report earnings on July, 17. They expect $0.18 earnings per share, down 21.74% or $0.05 from last year’s $0.23 per share. AMX’s profit will be $600.54 million for 22.71 P/E if the $0.18 EPS becomes a reality. After $0.29 actual earnings per share reported by América Móvil, S.A.B. de C.V. for the previous quarter, Wall Street now forecasts -37.93% negative EPS growth.

Among 12 analysts covering America Movil S.A.B. (NYSE:AMX), 7 have Buy rating, 2 Sell and 3 Hold. Therefore 58% are positive. America Movil S.A.B. had 32 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital upgraded the stock to “Overweight” rating in Monday, April 10 report. The firm has “Underperform” rating given on Wednesday, October 21 by RBC Capital Markets. The stock of América Móvil, S.A.B. de C.V. (NYSE:AMX) earned “Buy” rating by Bank of America on Tuesday, November 22. Bank of America downgraded the stock to “Neutral” rating in Thursday, April 28 report. Macquarie Research downgraded América Móvil, S.A.B. de C.V. (NYSE:AMX) on Tuesday, November 17 to “Neutral” rating. J.P. Morgan upgraded América Móvil, S.A.B. de C.V. (NYSE:AMX) on Thursday, February 15 to “Hold” rating. As per Monday, October 16, the company rating was upgraded by Deutsche Bank. The stock has “Sell” rating by RBC Capital Markets on Tuesday, October 3. The rating was maintained by Barclays Capital with “Equalweight” on Monday, July 18. The stock of América Móvil, S.A.B. de C.V. (NYSE:AMX) has “Overweight” rating given on Tuesday, January 26 by Morgan Stanley.

Edgewood Management Llc, which manages about $9.25 billion and $22.97 billion US Long portfolio, decreased its stake in Cme Group Inc (NASDAQ:CME) by 310,280 shares to 7.37 million shares, valued at $1.08B in 2017Q4, according to the filing. It also reduced its holding in Netflix Inc (NASDAQ:NFLX) by 468,200 shares in the quarter, leaving it with 3.08M shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Among 35 analysts covering Celgene Corporation (NASDAQ:CELG), 20 have Buy rating, 1 Sell and 14 Hold. Therefore 57% are positive. Celgene Corporation had 146 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, April 19 by Credit Suisse. Credit Suisse maintained the shares of CELG in report on Monday, January 8 with “Buy” rating. As per Tuesday, August 22, the company rating was maintained by Cantor Fitzgerald. Stifel Nicolaus maintained Celgene Corporation (NASDAQ:CELG) on Friday, July 28 with “Buy” rating. As per Wednesday, August 12, the company rating was maintained by Cowen & Co. BMO Capital Markets maintained the shares of CELG in report on Friday, November 17 with “Outperform” rating. Canaccord Genuity maintained Celgene Corporation (NASDAQ:CELG) rating on Friday, October 27. Canaccord Genuity has “Buy” rating and $140 target. The rating was maintained by Credit Suisse on Wednesday, February 28 with “Outperform”. SunTrust maintained Celgene Corporation (NASDAQ:CELG) on Thursday, January 25 with “Buy” rating. The company was maintained on Friday, July 24 by Cantor Fitzgerald.

Since February 8, 2018, it had 1 buy, and 3 sales for $3.58 million activity. 3,260 shares valued at $299,594 were bought by Alles Mark J on Thursday, February 8. 13,370 Celgene Corporation (NASDAQ:CELG) shares with value of $1.26M were sold by MARIO ERNEST. Shares for $851,093 were sold by LOUGHLIN JAMES J.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.34, from 1.17 in 2017Q3. It dropped, 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. Philadelphia Tru Company owns 183,887 shares for 1.51% of their portfolio. Clinton Grp Inc holds 0.69% or 75,509 shares. Twin Cap Incorporated owns 52,950 shares. Mathes Inc holds 2,040 shares or 0.1% of its portfolio. Boston Advsr Ltd Liability Corporation accumulated 0.53% or 234,819 shares. Premier Asset Mngmt Lc holds 2.37% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 101,598 shares. Diligent Investors Ltd Llc reported 3,440 shares. Brave Asset Inc reported 39,416 shares or 2.14% of all its holdings. Penn Davis Mcfarland holds 5.18% or 169,526 shares. Umb Natl Bank N A Mo owns 34,941 shares for 0.12% of their portfolio. 400 were accumulated by Tortoise Investment Mngmt Limited Liability Corp. Old National Fincl Bank In reported 0.34% in Celgene Corporation (NASDAQ:CELG). Credit Agricole S A holds 8,545 shares or 0.06% of its portfolio. Ftb has invested 0.05% in Celgene Corporation (NASDAQ:CELG). Tennessee-based Green Square Cap Lc has invested 0.15% in Celgene Corporation (NASDAQ:CELG).

Celgene Corporation (NASDAQ:CELG) Institutional Positions Chart

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