Economy

The Manufacturers Life Insurance Company Sells 4500 Shares of Incyte Co. (INCY)

The biopharmaceutical company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.52) by $0.54. Motley Fool Asset Management Llc who had been investing in Mercadolibre Inc for a number of months, seems to be bullish on the $17.18B market cap company. (INCY) traded up $2.83 on Monday, reaching $89.44. About 171,394 shares traded. It has outperformed by 9.92% the S&P500. Jennison Associates LLC now owns 1,633,173 shares of the biopharmaceutical company's stock valued at $190,657,000 after buying an additional 319,191 shares during the period. The company has a market cap of $19,050.00, a P/E ratio of -55.52 and a beta of 0.64. The company's stock had a trading volume of 1,270,000 shares, compared to its average volume of 1,710,000. Incyte Corporation (NASDAQ:INCY) has risen 72.84% since March 4, 2017 and is uptrending.

Tortoise Capital Advisors Llc, which manages about $15.07B and $15.29 billion US Long portfolio, decreased its stake in Antero Midstream Gp Lp by 4.11 million shares to 18,048 shares, valued at $1.86 million in 2017Q3, according to the filing. It also reduced its holding in Manpowergroup Inc (NYSE:MAN) by 28,316 shares in the quarter, leaving it with 112,429 shares, and cut its stake in Realpage Inc (NASDAQ:RP).

Investors sentiment increased to 2.82 in Q3 2017. Pinnacle Ptnrs Inc stated it has 0.31% in McDonald's Corporation (NYSE:MCD). 10 funds opened positions while 42 raised stakes. 264.73 million shares or 40.11% more from 188.94 million shares in 2017Q2 were reported. Citigroup Inc accumulated 0% or 99 shares. Menta Lc reported 88,342 shares or 0.36% of all its holdings. Huntington Comml Bank has 0.64% invested in Visa Inc. Rhumbline Advisers reported 38,068 shares. Janney Montgomery Scott Ltd Limited Liability Company, Pennsylvania-based fund reported 11,876 shares. 81 were accumulated by Tarbox Family Office. Griffin Asset Management, New York-based fund reported 31,628 shares. Old Mutual Customised Solutions (Proprietary) holds 1,892 shares or 0.03% of its portfolio. (NASDAQ:CSII) for 29,477 shares. Daiwa Gru invested in 0.02% or 30,726 shares. Advisory Networks Lc owns 1,390 shares.

Among 29 analysts covering Synchrony Financial (NYSE:SYF), 22 have Buy rating, 0 Sell and 7 Hold. Therefore 47% are positive. Synchrony Financial had 69 analyst reports since July 20, 2015 according to SRatingsIntel. (NYSE:M) has "Mkt Perform" rating given on Wednesday, October 21 by Keefe Bruyette & Woods. Mizuho has "Buy" rating and $64 target. Brean Capital maintained the stock with "Buy" rating in Wednesday, September 2 report. The stock has an average rating of "Buy" and a consensus target price of $142.69. Nomura reissued a "buy" rating on shares of Incyte in a research note on Thursday, February 1st. The company has market cap of $19.04 billion. The stock of McDonald's Corporation (NYSE:MCD) has "Buy" rating given on Monday, June 5 by Robert W. Baird.

Among 9 analysts covering Cardiovascular Systems (NASDAQ:CSII), 4 have Buy rating, 2 Sell and 3 Hold. Therefore 81% are positive. Incyte had 78 analyst reports since August 6, 2015 according to SRatingsIntel.

Incyte (NASDAQ:INCY) last announced its quarterly earnings data on Thursday, February 15th. The stock has "Outperform" rating by BMO Capital Markets on Wednesday, November 1. The stock has "Underperform" rating by Bank of America on Thursday, October 8. HSBC upgraded the shares of MELI in report on Wednesday, March 2 to "Hold" rating. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Incyte by 13.3% in the fourth quarter. (NASDAQ:INCY) opened at $86.61 on Friday. The firm earned "Buy" rating on Thursday, February 15 by BMO Capital Markets. BMO Capital Markets increased their price objective on shares of Incyte from $162.00 to $166.00 and gave the company an outperform rating in a research note on Tuesday, October 31st. The firm has "Hold" rating given on Tuesday, May 30 by Oppenheimer. The rating was maintained by Barclays Capital with "Overweight" on Wednesday, August 2. The stock has "Overweight" rating by Morgan Stanley on Wednesday, March 23.

Investors sentiment increased to 1.04 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2. It increased, as 39 investors sold INCY shares while 161 reduced holdings. APG Asset Management N.V. raised its stake in Incyte by 15.7% in the 3rd quarter. 520.27 million shares or 3.02% less from 536.45 million shares in 2017Q2 were reported. American holds 21,411 shares. ValuEngine raised shares of Incyte from a "sell" rating to a "hold" rating in a research note on Thursday. New Mexico Educational Retirement Board reported 0.09% in Incyte Corporation (NASDAQ:INCY). Shares for $8.42M were sold by Hoppenot Herve. Capstone Invest Advsrs Limited has 4,800 shares for 0.02% of their portfolio. It also increased its holding in Fortress Investment Group Cl A (NYSE:FIG) by 46,100 shares in the quarter, for a total of 176,800 shares, and has risen its stake in Clovis Oncology Inc Com (NASDAQ:CLVS). Fukoku Mutual Life Insur Company has 0.02% invested in Incyte Corporation (NASDAQ:INCY). Archon Ptnrs Llc reported 0.19% of its portfolio in Incyte Corporation (NASDAQ:INCY). State Of New Jersey Common Pension Fund D invested 0.05% in PG&E Corporation (NYSE:PCG). 101,008 were accumulated by Ashford Management Inc. Following the sale, the insider now directly owns 20,752 shares in the company, valued at $2,051,750.24. Ameriprise Financial accumulated 56,842 shares.

Since September 5, 2017, it had 1 insider buy, and 5 insider sales for $3.69 million activity. The insider BAKER BROS. On Friday, January 5 GRYSKA DAVID W sold $668,361 worth of Incyte Corporation (NASDAQ:INCY) or 6,760 shares. 3,000 shares valued at $415,230 were sold by Trower Paul on Tuesday, September 5. Flannelly Barry P had sold 714 shares worth $88,715. The stock of Incyte Corporation (NASDAQ:INCY) has "Buy" rating given on Wednesday, October 4 by Jefferies.



Like this

loading...
loading...

Latest


06 March 2018
XPO Logistics (XPO) Upgraded at ValuEngine
Alphamark Advsrs Lc holds 60,832 shares or 1.75% of its portfolio. (NASDAQ:CONE). 187,258 are held by Guggenheim Capital Ltd Co. Its up 0.13, from 1.06 in 2017Q2. 66 funds opened positions while 223 raised stakes. (NASDAQ:Conway, AR) or 2.67M shares.

06 March 2018
CDC official who handled Zika and Ebola outbreaks mysteriously missing
Department of Health and Human Services), was last seen on February 12, the day he spoke to his sister, Tiara Cunningham . She also added that her last conversation with him on December 12 left her anxious because he did not sound like himself.

06 March 2018
Trump Org use of president's seal for golf courses may be illegal
Both the entity that displays the seal and the manufacturer face potential punishments of a fine and up to six months in prison. Eagle Sign and Design did not comment about who placed the order, only that the design had been confirmed with the client.

06 March 2018
Bank Of Montreal Stake In Canadian Natl Ry Co (CNI) Was Lifted
On Thursday, November 12 the stock rating was downgraded by Citigroup to "Neutral". (NYSE:NOW) rating on Thursday, February 1. Canadian Pacific Railway (NYSE:CP) (TSE:CP) last announced its quarterly earnings results on Thursday, January 18th.

06 March 2018
I-94 Closed Near Moorhead After Officer-Involved Shooting
She was found with a gunshot wound and taken to Essentia Hospital in Fargo, North Dakota. Stick with Valley News Live for more information on this breaking story as it develops.

06 March 2018
Buhari To Visit Yobe, Benue, 3 Other Troubled States
The president had failed to visit Yobe State after the abduction of 110 girls, people complained. Buhari is the only foreign leader invited to the historic event as the Special Guest of Honour.

06 March 2018
Walt Disney to invest 2 billion Euros in Disneyland Paris
Argus Research has "Buy" rating and $129 target. (NYSE:ABBV) was sold by Michael Robert A. on Monday, February 19. The entertainment giant reported $1.89 EPS for the quarter, topping the consensus estimate of $1.61 by $0.28.

06 March 2018
Texas Instruments (NASDAQ:TXN) Earning Favorable Press Coverage, Analysis Shows
It turned negative, as 34 investors sold DDS shares while 64 reduced holdings. 37 funds opened positions while 33 raised stakes. Bnp Paribas Asset Management Hldgs Sa has invested 0.22% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN).

06 March 2018
Mark Sheptoff Financial Planning LLC Decreases Position in Verizon Communications Inc. (VZ)
Shine Investment Advisory Services Inc. boosted its position in shares of Verizon Communications by 190.9% during the 3rd quarter. Supplemental Annuity Collective Trust of NJ lifted its stake in shares of Verizon Communications by 4.5% during the 2nd quarter.

05 March 2018
Cabot Oil & Gas Corporation (COG), Goldcorp Inc. (GG)
The rating was upgraded by Citigroup to "Buy" on Wednesday, January 3. (NYSE:PHM) on Friday, December 29 with "Hold" rating. It dived, as 39 investors sold COG shares while 160 reduced holdings. 73 funds opened positions while 209 raised stakes.