Nanostring Technologies (NSTG) Shareholder Pura Vida Investments Has Decreased Position as Share Value Declined; Brighton Jones Has Cut Stake in Comerica (CMA) as Stock Price Declined

January 13, 2018 - By Dolores Ford

Brighton Jones Llc decreased its stake in Comerica Inc (CMA) by 61.89% based on its latest 2017Q3 regulatory filing with the SEC. Brighton Jones Llc sold 4,815 shares as the company’s stock declined 5.54% while stock markets rallied. The institutional investor held 2,965 shares of the major banks company at the end of 2017Q3, valued at $226,000, down from 7,780 at the end of the previous reported quarter. Brighton Jones Llc who had been investing in Comerica Inc for a number of months, seems to be less bullish one the $16.18B market cap company. The stock increased 0.56% or $0.52 during the last trading session, reaching $93.04. About 1.62 million shares traded or 1.40% up from the average. Comerica Incorporated (NYSE:CMA) has risen 54.07% since January 13, 2017 and is uptrending. It has outperformed by 37.37% the S&P500.

Pura Vida Investments Llc decreased its stake in Nanostring Technologies Inc (NSTG) by 30.94% based on its latest 2017Q3 regulatory filing with the SEC. Pura Vida Investments Llc sold 123,206 shares as the company’s stock declined 7.69% while stock markets rallied. The institutional investor held 275,000 shares of the health care company at the end of 2017Q3, valued at $4.44 billion, down from 398,206 at the end of the previous reported quarter. Pura Vida Investments Llc who had been investing in Nanostring Technologies Inc for a number of months, seems to be less bullish one the $211.19 million market cap company. The stock decreased 0.24% or $0.02 during the last trading session, reaching $8.32. About 234,638 shares traded or 5.16% up from the average. NanoString Technologies, Inc. (NASDAQ:NSTG) has risen 32.04% since January 13, 2017 and is uptrending. It has outperformed by 15.34% the S&P500.

Among 32 analysts covering Comerica Inc (NYSE:CMA), 15 have Buy rating, 2 Sell and 15 Hold. Therefore 47% are positive. Comerica Inc had 110 analyst reports since July 20, 2015 according to SRatingsIntel. The rating was upgraded by Bank of America on Thursday, April 21 to “Neutral”. The company was upgraded on Monday, March 14 by CLSA. The firm earned “Buy” rating on Wednesday, June 28 by RBC Capital Markets. Robert W. Baird upgraded the stock to “Outperform” rating in Thursday, January 7 report. Piper Jaffray maintained the shares of CMA in report on Thursday, July 27 with “Hold” rating. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, October 17. The rating was upgraded by Wells Fargo on Friday, July 8 to “Market Perform”. The firm has “Neutral” rating given on Thursday, September 28 by Nomura. The company was maintained on Wednesday, April 5 by Jefferies. The firm earned “Buy” rating on Friday, January 5 by Nomura.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.29, from 1.35 in 2017Q2. It turned negative, as 43 investors sold CMA shares while 147 reduced holdings. 50 funds opened positions while 152 raised stakes. 139.79 million shares or 2.40% less from 143.22 million shares in 2017Q2 were reported. Utah Retirement System owns 32,396 shares. The Ohio-based Strs Ohio has invested 0.16% in Comerica Incorporated (NYSE:CMA). Loeb Ptnrs reported 3,000 shares stake. New York-based Pinebridge Invs Lp has invested 0.6% in Comerica Incorporated (NYSE:CMA). 7,180 are owned by Usa Financial Portformulas Corp. 5,933 are owned by Pinnacle Advisory Group. Engineers Gate Manager Limited Partnership, a New York-based fund reported 16,094 shares. Thompson Davis And Communications has 173 shares for 0.02% of their portfolio. Portolan Capital Management Ltd Co owns 45,959 shares for 0.42% of their portfolio. Baystate Wealth Mngmt Ltd Liability owns 1,231 shares or 0.02% of their US portfolio. Aqr Cap Limited Co invested in 705,839 shares or 0.06% of the stock. 7,000 were reported by Hodges Cap Management. Profund Advsrs Limited has 6,510 shares for 0.02% of their portfolio. Zeke Cap Advisors Limited Liability Corporation holds 2,623 shares. Macquarie Group Incorporated Ltd holds 0.05% or 346,356 shares.

Since August 22, 2017, it had 0 insider buys, and 3 sales for $3.10 million activity. $203,508 worth of Comerica Incorporated (NYSE:CMA) shares were sold by Guilfoile Peter William. Another trade for 21,000 shares valued at $1.46 million was sold by Love Judith S.

Analysts await Comerica Incorporated (NYSE:CMA) to report earnings on January, 16 before the open. They expect $1.24 earnings per share, up 25.25% or $0.25 from last year’s $0.99 per share. CMA’s profit will be $215.65 million for 18.76 P/E if the $1.24 EPS becomes a reality. After $1.27 actual earnings per share reported by Comerica Incorporated for the previous quarter, Wall Street now forecasts -2.36% negative EPS growth.

Brighton Jones Llc, which manages about $2.52B and $777.55 million US Long portfolio, upped its stake in Apple Computer Inc (NASDAQ:AAPL) by 5,814 shares to 64,062 shares, valued at $9.87 million in 2017Q3, according to the filing. It also increased its holding in Ishares Nasdaq Biotechnology Etf (IBB) by 1,501 shares in the quarter, for a total of 2,315 shares, and has risen its stake in Ishares Core S&P Total Us Stock Mkt (ITOT).

Among 3 analysts covering NanoString Technologies (NASDAQ:NSTG), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. NanoString Technologies had 13 analyst reports since August 5, 2015 according to SRatingsIntel. On Wednesday, December 20 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Buy” rating by Leerink Swann given on Wednesday, August 5. Robert W. Baird maintained NanoString Technologies, Inc. (NASDAQ:NSTG) on Thursday, October 12 with “Outperform” rating. On Wednesday, September 30 the stock rating was initiated by Cowen & Co with “Outperform”. Zacks upgraded NanoString Technologies, Inc. (NASDAQ:NSTG) rating on Wednesday, August 12. Zacks has “Hold” rating and $16 target. The stock of NanoString Technologies, Inc. (NASDAQ:NSTG) has “Outperform” rating given on Friday, November 3 by Robert W. Baird. The company was downgraded on Thursday, October 12 by Janney Capital. Cowen & Co downgraded it to “Hold” rating and $13.0 target in Thursday, October 12 report. Cowen & Co maintained NanoString Technologies, Inc. (NASDAQ:NSTG) rating on Wednesday, September 27. Cowen & Co has “Buy” rating and $20.0 target. The stock of NanoString Technologies, Inc. (NASDAQ:NSTG) has “Buy” rating given on Monday, August 14 by Cowen & Co.

Analysts await NanoString Technologies, Inc. (NASDAQ:NSTG) to report earnings on March, 7. They expect $-0.48 earnings per share, up 12.73% or $0.07 from last year’s $-0.55 per share. After $-0.45 actual earnings per share reported by NanoString Technologies, Inc. for the previous quarter, Wall Street now forecasts 6.67% negative EPS growth.

Pura Vida Investments Llc, which manages about $223.00 million and $196.81B US Long portfolio, upped its stake in Icu Med Inc (NASDAQ:ICUI) by 12,500 shares to 57,500 shares, valued at $10.69B in 2017Q3, according to the filing. It also increased its holding in Bio Rad Labs Inc (NYSE:BIO) by 5,180 shares in the quarter, for a total of 28,000 shares, and has risen its stake in Regenxbio Inc.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: