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Dexcom (DXCM) Stake Held by Bridger Management Llc; Scheer Rowlett & Associates Investment Management LTD Has Lowered Stake in Magna International Class A (MGA) by $2.38 Million as Stock Rose

Magna International Inc. (NYSE:MGA) Logo

Scheer Rowlett & Associates Investment Management Ltd decreased its stake in Magna International Inc. Class A (MGA) by 3.25% based on its latest 2018Q1 regulatory filing with the SEC. Scheer Rowlett & Associates Investment Management Ltd sold 42,541 shares as the company’s stock rose 12.18% while stock markets declined. The institutional investor held 1.27M shares of the capital goods company at the end of 2018Q1, valued at $71.21M, down from 1.31M at the end of the previous reported quarter. Scheer Rowlett & Associates Investment Management Ltd who had been investing in Magna International Inc. Class A for a number of months, seems to be less bullish one the $23.20 billion market cap company. The stock decreased 0.35% or $0.23 during the last trading session, reaching $65.28. About 866,334 shares traded. Magna International Inc. (NYSE:MGA) has risen 43.85% since June 16, 2017 and is uptrending. It has outperformed by 31.28% the S&P500. Some Historical MGA News: 10/05/2018 – MAGNA CEO: 4-5% OF VEHICLES PRODUCED IN 2025 WILL BE ELECTRIC; 26/04/2018 – MAGNA SAYS MAGNA, INNOVIZ TECHNOLOGIES TO SUPPLY BMW GROUP WITH LIDAR FOR UPCOMING AUTONOMOUS VEHICLE PRODUCTION PLATFORMS; 16/03/2018 – Top VC deals: Apple buys Texture, Magna backs Lyft, Snoop Dogg raises a $45 million fund; 10/05/2018 – Magna International Had Seen 2018 Net $2.3B-$2.5B; 28/03/2018 – Magna Posts 2017 Annual Report; 10/05/2018 – Magna International Sees 2018 North America Production 17.3M Units; 19/04/2018 – Magna International opens a new plant in Mexico; 10/05/2018 – Magna International Raises 2018 View To Sales $40.9B-$43.1B; 11/05/2018 – MAGNA INTERNATIONAL INC MGA.N : CIBC RAISES TARGET PRICE TO $70 FROM $61; 29/03/2018 – Magna Provides Engineering Expertise to New Automaker VinFast

Roberto Mignone increased its stake in Dexcom Inc (DXCM) by 5.51% based on its latest 2018Q1 regulatory filing with the SEC. Bridger Management Llc bought 46,845 shares as the company’s stock rose 54.47% while stock markets declined. The hedge fund run by Roberto Mignone held 897,620 shares of the health care company at the end of 2018Q1, valued at $66.57 million, up from 850,775 at the end of the previous reported quarter. Bridger Management Llc who had been investing in Dexcom Inc for a number of months, seems to be bullish on the $8.78 billion market cap company. The stock increased 1.21% or $1.19 during the last trading session, reaching $99.72. About 800,807 shares traded. DexCom, Inc. (NASDAQ:DXCM) has risen 27.26% since June 16, 2017 and is uptrending. It has outperformed by 14.69% the S&P500. Some Historical DXCM News: 08/03/2018 – CORRECTED-WAVEFORM TECHNOLOGIES (NOT DEXCOM INC) – PTAB RULED 2 EARLY PATENTS HELD BY WAVEFORM ARE NOT INVALID, BASED ON CHALLENGES BROUGHT BY DEXCOM; 02/05/2018 – DEXCOM 1Q REV. $184.4M, EST. $172.7M; 27/03/2018 – DEXCOM INC – EXPECTS TO LAUNCH DEXCOM G6 CGM SYSTEMLATER THIS YEAR; 27/03/2018 – U.S. FDA SAYS PERMITTED MARKETING OF THE DEXCOM G6 INTEGRATED CONTINUOUS GLUCOSE MONITORING (ICGM) SYSTEM

Bridger Management Llc, which manages about $3.11B and $1.65B US Long portfolio, decreased its stake in Atara Biotherapeutics Inc (NASDAQ:ATRA) by 59,376 shares to 2.54 million shares, valued at $99.03 million in 2018Q1, according to the filing. It also reduced its holding in Tg Therapeutics Inc (NASDAQ:TGTX) by 2.02M shares in the quarter, leaving it with 2.37M shares, and cut its stake in Laboratory Corp Amer Hldgs (NYSE:LH).

Since January 16, 2018, it had 0 insider buys, and 16 selling transactions for $14.89 million activity. GREGG TERRANCE H sold $858,974 worth of stock or 10,000 shares. $1.12M worth of DexCom, Inc. (NASDAQ:DXCM) was sold by Leach Jacob Steven. TOPOL ERIC sold $2.00M worth of DexCom, Inc. (NASDAQ:DXCM) on Tuesday, June 12. 17,245 shares were sold by SAYER KEVIN R, worth $1.45 million. $2.68 million worth of stock was sold by SKYLER JAY S on Tuesday, May 8.

Investors sentiment increased to 1.15 in 2018 Q1. Its up 0.42, from 0.73 in 2017Q4. It is positive, as 32 investors sold DXCM shares while 71 reduced holdings. 45 funds opened positions while 73 raised stakes. 98.26 million shares or 0.86% less from 99.11 million shares in 2017Q4 were reported. Utah Retirement Sys invested 0.03% in DexCom, Inc. (NASDAQ:DXCM). Cubist Systematic Strategies Limited owns 1,000 shares. Daiwa Securities Gp holds 0.03% or 47,871 shares. Parkside Finance Bank has 0% invested in DexCom, Inc. (NASDAQ:DXCM) for 66 shares. Swiss Bank reported 0.01% in DexCom, Inc. (NASDAQ:DXCM). Hightower Advisors Limited Liability reported 128,881 shares or 0.08% of all its holdings. 429,172 are held by Product Prtn Lc. Partner Fund Management LP invested in 0.77% or 514,164 shares. Massachusetts Serv Ma has invested 0.01% in DexCom, Inc. (NASDAQ:DXCM). Fiduciary Tru Co has 4,045 shares. Creative Planning stated it has 0% in DexCom, Inc. (NASDAQ:DXCM). Weiss Multi has invested 0.12% in DexCom, Inc. (NASDAQ:DXCM). Stephens Inv Mngmt Gp Lc has invested 0.51% in DexCom, Inc. (NASDAQ:DXCM). Citigroup stated it has 0% in DexCom, Inc. (NASDAQ:DXCM). Pillar Pacific Capital Ltd Llc invested in 4,775 shares or 0.04% of the stock.

More notable recent DexCom, Inc. (NASDAQ:DXCM) news were published by: Nasdaq.com which released: “Consolidated Research: 2018 Summary Expectations for Humana, DexCom, Royal Dutch Shell, First Connecticut …” on June 14, 2018, also Seekingalpha.com with their article: “Dexcom G6 CGM System receives CE mark” published on June 12, 2018, Investorplace.com published: “Fitbit Inc May Still Have 30% Upside – Despite Massive Rally” on June 14, 2018. More interesting news about DexCom, Inc. (NASDAQ:DXCM) were released by: Fool.com and their article: “DexCom Stock History” published on June 13, 2018 as well as Investingnews.com‘s news article titled: “Dexcom’s G6 CGM System Receives CE Mark” with publication date: June 12, 2018.

Among 26 analysts covering Dexcom (NASDAQ:DXCM), 19 have Buy rating, 2 Sell and 5 Hold. Therefore 73% are positive. Dexcom had 79 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of DexCom, Inc. (NASDAQ:DXCM) earned “Equal-Weight” rating by Barclays Capital on Thursday, September 28. The rating was maintained by JP Morgan with “Overweight” on Wednesday, February 24. As per Thursday, May 3, the company rating was maintained by Canaccord Genuity. BMO Capital Markets maintained the shares of DXCM in report on Wednesday, July 12 with “Buy” rating. The firm has “Buy” rating given on Tuesday, June 6 by Canaccord Genuity. The stock has “Buy” rating by BMO Capital Markets on Friday, September 8. The firm earned “Buy” rating on Wednesday, February 28 by Canaccord Genuity. The firm earned “Equal-Weight” rating on Tuesday, January 3 by Morgan Stanley. The stock has “Buy” rating by Wedbush on Thursday, September 28. The firm earned “Buy” rating on Monday, February 12 by Oppenheimer.

Among 16 analysts covering Magna International (NYSE:MGA), 11 have Buy rating, 2 Sell and 3 Hold. Therefore 69% are positive. Magna International had 61 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, September 14. Susquehanna maintained the shares of MGA in report on Wednesday, March 14 with “Hold” rating. On Thursday, February 22 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Underperform” rating given on Wednesday, November 9 by Bank of America. The stock has “Outperform” rating by RBC Capital Markets on Friday, November 6. The firm has “Buy” rating given on Friday, July 21 by RBC Capital Markets. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, August 1. The firm earned “Outperform” rating on Thursday, January 14 by RBC Capital Markets. BMO Capital Markets upgraded Magna International Inc. (NYSE:MGA) on Monday, May 14 to “Buy” rating. On Friday, November 6 the stock rating was upgraded by JP Morgan to “Overweight”.

Analysts await Magna International Inc. (NYSE:MGA) to report earnings on August, 10. They expect $1.74 EPS, up 17.57% or $0.26 from last year’s $1.48 per share. MGA’s profit will be $618.30 million for 9.38 P/E if the $1.74 EPS becomes a reality. After $1.84 actual EPS reported by Magna International Inc. for the previous quarter, Wall Street now forecasts -5.43% negative EPS growth.

DexCom, Inc. (NASDAQ:DXCM) Institutional Positions Chart

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