Economy

LP Buys 534440 Shares of Acceleron Pharma Inc. (XLRN)

Mycio Wealth Partners Llc who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $360.86 billion market cap company. Loring Wolcott And Coolidge Fiduciary Advisors Ltd Liability Partnership Ma holds 337 shares or 0% of its portfolio. About 15.52 million shares traded or 221.99% up from the average. Acceleron Pharma Inc (NDAQ:XLRN) has declined 22.43% since September 16, 2016 and is downtrending. It has underperformed by 24.05% the S&P500.

Lei Zhang increased its stake in Acceleron Pharma Inc (XLRN) by 66.67% based on its latest 2016Q4 regulatory filing with the SEC. Following the sale, the senior vice president now owns 28,232 shares of the company's stock, valued at $1,084,391.12. The biopharmaceutical company reported ($0.77) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.65) by ($0.12). Alpinvest Partners Bv who had been investing in Acceleron Pharma Inc for a number of months, seems to be bullish on the $1.54B market cap company. The stock, after opening at $38.34, touched a high of $39.97 before paring much of its gains. The stock's 50 day moving average is $35.71 and its 200 day moving average is $30.87.

Acceleron Pharma Inc. has a 52-week low of $23.07 and a 52-week high of $41.69. It has underperformed by 39.13% the S&P500.

Alpinvest Partners Bv, which manages about $47.76 billion and $28.26M US Long portfolio, decreased its stake in Etsy Inc by 29,992 shares to 70,010 shares, valued at $825,000 in 2016Q4, according to the filing. Is Tumbling Today", Seekingalpha.com published: "Acceleron Pharma: "On Sale After 25% Drop?" on May 22, 2017. Acceleron Pharma had a negative return on equity of 44.67% and a negative net margin of 724.22%.

Among 15 analysts covering Acceleron Pharma (NASDAQ:XLRN), 10 have Buy rating, 1 Sell and 4 Hold. Therefore 71% are positive. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Ghost Tree Capital reported 0.25% in Acceleron Pharma Inc (NASDAQ:XLRN). The stock has "Buy" rating by Citigroup on Thursday, March 2. Piper Jaffray Companies lifted their price target on shares of Acceleron Pharma from $32.00 to $40.00 and gave the company an "overweight" rating in a report on Monday, June 26th. The stock of Servicemaster Global Holdings Inc (NYSE:SERV) earned "Outperform" rating by RBC Capital Markets on Wednesday, January 27. Finally, SG Americas Securities LLC acquired a new stake in Acceleron Pharma during the third quarter valued at about $320,000. Acceleron Pharma now has an average rating of "Buy" and a consensus price target of $42.33. The rating was initiated by Oppenheimer on Tuesday, December 13 with "Outperform". Analysts predict that Acceleron Pharma Inc. will post ($2.72) earnings per share for the current fiscal year. On Friday, June 23 the stock rating was maintained by Oppenheimer with "Hold".

Investors sentiment increased to 1.44 in Q4 2016. Its up 0.51, from 0.93 in 2016Q3. It improved, as 21 investors sold XLRN shares while 34 reduced holdings. 25 funds opened positions while 49 raised stakes. Swiss Bancshares owns 46,400 shares. The United Kingdom-based Aberdeen Asset Mgmt Public Ltd Liability Corp Uk has invested 0% in Acceleron Pharma Inc (NASDAQ:XLRN). Hikari Pwr Ltd reported 2.81% stake. Wells Fargo Mn holds 38,552 shares. Eagle Asset Mgmt Incorporated holds 1.17M shares or 0.2% of its portfolio. State Of New Jersey Common Pension Fund D holds 18,000 shares or 0% of its portfolio. Green Street Investors Llc owns 506,300 shares or 12.7% of their USA portfolio. Eagle Asset Management Inc. boosted its stake in shares of Acceleron Pharma by 6.6% in the second quarter. Blackrock Institutional Tru Na reported 771,977 shares.

COPYRIGHT VIOLATION NOTICE: This piece was first published by StockNewsTimes and is owned by of StockNewsTimes. Moreover, Presima Inc. has 12.34% invested in the company for 3.33 million shares. Proshare Advsrs Ltd Llc reported 0.01% of its portfolio in Acceleron Pharma Inc (NASDAQ:XLRN). Great West Life Assurance Company Can has invested 0% in Acceleron Pharma Inc (NASDAQ:XLRN). They expect $0.62 earnings per share, up 5.08% or $0.03 from last year's $0.59 per share. The firm earned "Buy" rating on Friday, April 7 by Credit Suisse.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: "Johnson & Johnson's New Focus" on September 08, 2017, also Realmoney.Thestreet.com with their article: "Johnson & Johnson Is Getting Ready for Another Upside Breakout" published on September 15, 2017, Seekingalpha.com published: "Achillion Is Crushed As Johnson & Johnson Heads For The Exit" on September 14, 2017.

Among 7 analysts covering Gold Fields Limited (NYSE:GFI), 0 have Buy rating, 2 Sell and 5 Hold. Therefore 67% are positive. ServiceMaster had 15 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has "Neutral" rating by Robert W. Baird on Friday, March 11. RBC Capital Markets maintained Servicemaster Global Holdings Inc (NYSE:SERV) on Tuesday, August 1 with "Buy" rating. They issued an "outperform" rating and a $44.00 target price on the stock. Macquarie Research downgraded the stock to "Neutral" rating in Tuesday, March 15 report. The company was upgraded on Monday, August 31 by Howard Weil. On Tuesday, September 1 the stock rating was upgraded by Scotia Capital to "Sector Perform". The company was initiated on Thursday, August 13 by Morgan Stanley. As per Wednesday, April 26, the company rating was downgraded by HSBC.



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