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Kempner Capital Management Has Increased Its Axis Capital Hldgs LTD (AXS) Position by $1.23 Million; As Novartis Ag (NVS) Market Valuation Declined, Greenwood Gearhart Has Increased Position by $393,920

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Greenwood Gearhart Inc increased its stake in Novartis Ag (NVS) by 9.3% based on its latest 2018Q1 regulatory filing with the SEC. Greenwood Gearhart Inc bought 4,924 shares as the company’s stock declined 11.54% with the market. The institutional investor held 57,885 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $4.68 million, up from 52,961 at the end of the previous reported quarter. Greenwood Gearhart Inc who had been investing in Novartis Ag for a number of months, seems to be bullish on the $193.56 billion market cap company. The stock increased 0.25% or $0.19 during the last trading session, reaching $75.98. About 654,342 shares traded. Novartis AG (NYSE:NVS) has declined 6.45% since June 14, 2017 and is downtrending. It has underperformed by 19.02% the S&P500. Some Historical NVS News: 19/04/2018 – STAT Plus: Pharmalittle: Shire rejects latest Takeda offer; Greek parliament ends Novartis bribery probe; 19/04/2018 – New Novartis CEO feels heat on U.S. generics business; 08/03/2018 – STADA SAYS AIMS TO EXPAND BY INTERNATIONALISATION OF BUSINESS, SAYS HAS EXITED ADALIMUMAB BIOSIMILARS BUSINESS; 03/05/2018 – FDA: FDA OKS TISAGENLECLEUCEL FOR ADULTS; 04/05/2018 – FDA approves Novartis combo therapy for aggressive type of thyroid cancer; 25/04/2018 – Asklepios BioPharma: Another AskBio Platform Product to Be Acquired by Novartis; 09/04/2018 – Novartis To Acquire AxeXis For $8.7 Billion In Cash — MarketWatch; 17/05/2018 – Novartis outlines more steps to contain fallout from payments to Trump’s lawyer; 16/05/2018 – NOVARTIS AG NOVN.S CEO SAYS “LOOKING HARD” AT U.S. SOLID GENERICS BUSINESS AT SANDOZ; 05/04/2018 – ABBVIE REPORTS GLOBAL RESOLUTION OF HUMIRA® (ADALIMUMAB) PATENT

Kempner Capital Management Inc increased its stake in Axis Capital Hldgs Ltd (AXS) by 31.68% based on its latest 2018Q1 regulatory filing with the SEC. Kempner Capital Management Inc bought 21,495 shares as the company’s stock rose 15.14% while stock markets declined. The institutional investor held 89,343 shares of the property-casualty insurers company at the end of 2018Q1, valued at $5.14M, up from 67,848 at the end of the previous reported quarter. Kempner Capital Management Inc who had been investing in Axis Capital Hldgs Ltd for a number of months, seems to be bullish on the $4.69 billion market cap company. The stock decreased 1.06% or $0.6 during the last trading session, reaching $56.2. About 91,430 shares traded. AXIS Capital Holdings Limited (NYSE:AXS) has declined 11.71% since June 14, 2017 and is downtrending. It has underperformed by 24.28% the S&P500. Some Historical AXS News: 30/04/2018 – Fidelity Select Financial Services Adds Axis Capital; 14/05/2018 – Barrow Hanley Mewhinney & Strauss Buys 1.2% of Axis Capital; 25/04/2018 – AXIS Capital 1Q Rev $1.26B; 08/05/2018 – AXIS CAPITAL HOLDINGS LTD AXS.N : UBS RAISES TARGET PRICE TO $57 FROM $52; 11/04/2018 – AXIS Cap Provides Supplemental Fincl Info Related to the Realignment of Its Accident & Health Business; 25/04/2018 – AXIS Capital Reports First Quarter Net Income of $63 Million, or $0.75 Per Diluted Common Share; Operating Income of $123 Million, or $1.46 Per Diluted Common Share; 15/03/2018 – HDFC ASSET MANAGEMENT-BOOK-RUNNING MANAGERS FOR IPO ARE KOTAK INVESTMENT BANKING,AXIS CAPITAL,BOFA MERRILL LYNCH,CITIGROUP GLOBAL MARKETS, CLSA INDIA; 31/05/2018 – AXIS Re Strengthens Commitment to Future Market Leadership; 31/05/2018 – AXIS RE – WILL NOW ORGANIZE AROUND 4 MAJOR DIVISIONS – NORTH AMERICA, EMEA, ASIA, GLOBAL MARKETS; 25/04/2018 – AXIS CAPITAL 1Q OPER EPS $1.46, EST. $1.15

Among 14 analysts covering Axis Capital Holdings Limited (NYSE:AXS), 3 have Buy rating, 2 Sell and 9 Hold. Therefore 21% are positive. Axis Capital Holdings Limited had 40 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, September 18 by Keefe Bruyette & Woods. The rating was maintained by Bank of America on Friday, October 13 with “Buy”. On Tuesday, October 31 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Goldman Sachs downgraded the shares of AXS in report on Tuesday, November 15 to “Sell” rating. The firm earned “Hold” rating on Friday, June 2 by Keefe Bruyette & Woods. The stock of AXIS Capital Holdings Limited (NYSE:AXS) has “Hold” rating given on Monday, September 11 by Buckingham Research. Citigroup maintained the stock with “Neutral” rating in Monday, October 2 report. The company was maintained on Thursday, October 12 by Keefe Bruyette & Woods. UBS maintained the shares of AXS in report on Monday, October 2 with “Sell” rating. On Thursday, January 11 the stock rating was upgraded by UBS to “Hold”.

Kempner Capital Management Inc, which manages about $421.42 million and $146.71M US Long portfolio, decreased its stake in Western Union Co/The (NYSE:WU) by 135,813 shares to 136,992 shares, valued at $2.63M in 2018Q1, according to the filing. It also reduced its holding in Citigroup Inc (NYSE:C) by 22,255 shares in the quarter, leaving it with 90,638 shares, and cut its stake in Westrock Company.

Investors sentiment increased to 1.02 in Q1 2018. Its up 0.24, from 0.78 in 2017Q4. It is positive, as 31 investors sold AXS shares while 84 reduced holdings. 42 funds opened positions while 75 raised stakes. 73.87 million shares or 5.11% more from 70.27 million shares in 2017Q4 were reported. Susquehanna Grp Llp has 0% invested in AXIS Capital Holdings Limited (NYSE:AXS) for 31,669 shares. Schroder Management Group accumulated 758,181 shares. Kempner Mgmt stated it has 89,343 shares or 3.51% of all its holdings. Prospector Prns Lc invested in 0.99% or 117,500 shares. Bankshares Of Montreal Can reported 187,319 shares. Jane Street Grp Limited Liability Company stated it has 12,610 shares. St Johns Inv Management Limited owns 360 shares. Zweig stated it has 0.33% in AXIS Capital Holdings Limited (NYSE:AXS). Rhumbline Advisers, a Massachusetts-based fund reported 79,200 shares. Ls Advisors Llc holds 5,713 shares. Qs Invsts Lc accumulated 0.07% or 125,601 shares. Benedict Fincl Advisors owns 16,705 shares for 0.48% of their portfolio. Quantitative Systematic Strategies Limited Liability Com invested in 0.41% or 33,784 shares. Legal General Gp Public Ltd Co reported 485,705 shares. Deutsche National Bank & Trust Ag has invested 0% in AXIS Capital Holdings Limited (NYSE:AXS).

Since June 4, 2018, it had 0 insider purchases, and 1 insider sale for $148,721 activity.

More notable recent Novartis AG (NYSE:NVS) news were published by: Seekingalpha.com which released: “Novartis: Exit Sandoz US Now” on June 06, 2018, also Seekingalpha.com with their article: “Novartis lawyer out amid Cohen payments” published on May 16, 2018, Seekingalpha.com published: “Veeva Systems: Expanding Its Growth Runway Ahead” on June 08, 2018. More interesting news about Novartis AG (NYSE:NVS) were released by: Fool.com and their article: “Should CRISPR Stock Investors Worry About Cancer?” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Novartis: Buy Under $80” with publication date: May 17, 2018.

Among 17 analysts covering Novartis Ag (NYSE:NVS), 5 have Buy rating, 3 Sell and 9 Hold. Therefore 29% are positive. Novartis Ag had 38 analyst reports since July 28, 2015 according to SRatingsIntel. Credit Suisse downgraded the stock to “Neutral” rating in Wednesday, January 11 report. J P Morgan Chase Co maintained the shares of NVS in report on Friday, June 16 with “Neutral” rating. Cowen & Co maintained the stock with “Hold” rating in Friday, October 13 report. The stock of Novartis AG (NYSE:NVS) earned “Neutral” rating by JP Morgan on Tuesday, January 3. Morgan Stanley upgraded the shares of NVS in report on Wednesday, July 26 to “Overweight” rating. The firm has “Sell” rating given on Wednesday, December 6 by Bank of America. Barclays Capital upgraded Novartis AG (NYSE:NVS) on Friday, June 23 to “Hold” rating. The stock has “Underperform” rating by Credit Suisse on Wednesday, July 5. The firm has “Neutral” rating by Credit Suisse given on Friday, May 25. Cowen & Co maintained Novartis AG (NYSE:NVS) on Wednesday, August 9 with “Hold” rating.

AXIS Capital Holdings Limited (NYSE:AXS) Ratings Chart

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