Economy

S&Co Increases Holding in Bristol (BMY); Shareholder Quantitative Investment Management Increased Intercontinental

S&Co Increases Holding in Bristol (BMY); Shareholder Quantitative Investment Management Increased Intercontinental”

Nikko Asset Management Americas Inc sold 8,900 shares as Ppl Corp (PPL)'s stock rose 8.95%. The institutional investor held 17,288 shares of the major pharmaceuticals company at the end of 2016Q4, valued at $1.01M, up from 5,268 at the end of the previous reported quarter. Quantitative Investment Management Llc who had been investing in Intercontinental Exchange Inc for a number of months, seems to be bullish on the $38.48B market cap company. The stock increased 0.37% or $0.22 on September 15, reaching $59.84. It has underperformed by 14.27% the S&P500. Carroll Financial Associates Inc.'s holdings in Bristol-Myers Squibb were worth $1,121,000 as of its most recent filing with the SEC. Triangle Securities Wealth Management bought 14,015 shares as the company's stock declined 1.04% while stock markets rallied. The Stonebridge Capital Advisors Llc holds 68,334 shares with $3.99M value, up from 25,234 last quarter. The company has a market cap of $102.46 billion, a price-to-earnings ratio of 22.82 and a beta of 1.18.

At the end of 06/30/2017 reporting period, 676 institutional holders increased their position in Bristol-Myers Squibb Company (NYSE:BMY) by some 65,848,358 shares, 747 decreased positions by 94,936,052 and 261 held positions by 991,044,945. It has underperformed by 39.89% the S&P500.

Investors sentiment increased to 1.08 in Q4 2016. Its up 0.31, from 0.87 in 2016Q3. It turned negative, as 44 investors sold AR shares while 82 reduced holdings. 99 funds opened positions while 273 raised stakes. Grantham Mayo Van Otterloo & Limited Liability accumulated 0.68% or 764,568 shares.

Several research analysts have commented on BMY shares. Liberty Mutual Grp Asset Mgmt holds 9,295 shares or 0.02% of its portfolio. Focused Wealth Management Incorporated owns 9,747 shares or 0.24% of their United States portfolio. Eaton Vance Mgmt invested in 1.63M shares or 0.11% of the stock. Blb&B Advsr Ltd Liability Corporation invested in 177,287 shares. The recent change has given its price a 8.78% lead over SMA 50 and -1.56% deficit over its 52-week high. Laffer holds 0% or 54,281 shares in its portfolio. Commonwealth Of Pennsylvania School Empls Retrmt reported 0.01% in SCANA Corporation (NYSE:SCG). Tompkins Fincl stated it has 0.01% of its portfolio in PPL Corp (NYSE:PPL). Blair William And Com Il has 0% invested in PPL Corp (NYSE:PPL) for 6,410 shares. 06, 2017. These shares are worth $560,400 and were traded at $60 each. The Foster & Motley Inc holds 36,529 shares with $6.05 million value, up from 33,711 last quarter. Laurion Capital Management LP stated it has 0.01% of its portfolio in PPL Corp (NYSE:PPL). They expect $0.75 EPS, down 2.60% or $0.02 from last year's $0.77 per share. BMY's profit will be $1.23B for 20.83 P/E if the $0.75 EPS becomes a reality. The biopharmaceutical company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.01.

Among 14 analysts covering Intercontinental Exchange (NYSE:ICE), 11 have Buy rating, 0 Sell and 3 Hold. PPL Corporation had 28 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Tuesday, September 29 by UBS. The company was downgraded on Friday, January 22 by Oppenheimer. The firm earned "Outperform" rating on Monday, May 15 by Wells Fargo. The company was maintained on Tuesday, August 11 by Barclays Capital. The firm earned "Buy" rating on Friday, March 24 by Wood.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. 263.24 million shares or 4.56% more from 251.75 million shares in 2016Q3 were reported.

Bristol-Myers Squibb Company (BMY) traded down 0.33% during midday trading on Friday, reaching $62.48. (BMY) to Neutral" with publication date: "September 12, 2017.

Since May 12, 2017, it had 0 buys, and 5 insider sales for $3.50 million activity. $1.81 million worth of Bristol-Myers Squibb Co (NYSE:BMY) was sold by ANDREOTTI LAMBERTO. Days to cover decreased from 2.0 to 2.0 and the short interest percentage is 0.01% as of August 31.

A number of other large investors have also recently added to or reduced their stakes in BMY. 77 funds opened positions while 488 raised stakes. Sei Invs Communications stated it has 0.21% in Bristol-Myers Squibb Co (NYSE:BMY). Summit Secs Gp Ltd Liability stated it has 0.05% in Bristol-Myers Squibb Co (NYSE:BMY). The company presently has an average rating of "Hold" and a consensus target price of $62.66. 3,950 are held by Dillon & Inc. Davidson Inv Advsr reported 1,850 shares. The company's shares were assimilated at $55.94 per share worth to an investment of some $335,640 on account of Samuels Theodore R. Ii. New South Capital Management Incorporated invested 0.01% in Bristol-Myers Squibb Co (NYSE:BMY). 53,583 are held by Cubist Systematic Strategies Limited Co. Checchi Cap Advisers Limited Liability, a California-based fund reported 17,365 shares. Spinnaker Trust owns 4,880 shares. Conning Inc, Connecticut-based fund reported 449,407 shares. Parametric Portfolio Associates Ltd Com holds 313,328 shares.

Among 28 analysts covering FMC Tech (NYSE:FMC), 17 have Buy rating, 1 Sell and 10 Hold. Finally, Cowen and Company set a $65.00 price objective on Bristol-Myers Squibb and gave the company a "hold" rating in a report on Monday, July 10th. Piper Jaffray upgraded the shares of BMY in report on Monday, August 24 to "Underweight" rating. Finally, Jefferies Group LLC reiterated a "buy" rating and set a $63.00 target price on shares of Bristol-Myers Squibb in a research note on Wednesday, July 12th. Glenview National Bank Trust Dept holds 0.49% of its portfolio in Bristol-Myers Squibb Co (NYSE:BMY) for 15,400 shares. Jefferies maintained the shares of BMY in report on Wednesday, August 23 with "Buy" rating. (The) reaffirmed a "buy" rating and set a $63.00 target price on shares of Bristol-Myers Squibb in a research report on Wednesday, August 9th. The stock of Becton Dickinson and Co (NYSE:BDX) earned "Outperform" rating by Raymond James on Thursday, January 5.



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