Tiaa Cref Investment Management Decreased Its Stake in Kapstone Paper And Packaging (KS) by $816,942 as Stock Declined; Flow Traders Us Has Increased Its Novo Nordisk A/S (NVO) Stake

February 18, 2018 - By Michael Collier

Tiaa Cref Investment Management Llc decreased its stake in Kapstone Paper And Packaging Corp (KS) by 14.52% based on its latest 2017Q3 regulatory filing with the SEC. Tiaa Cref Investment Management Llc sold 38,902 shares as the company’s stock declined 13.33% while stock markets rallied. The institutional investor held 229,093 shares of the paper company at the end of 2017Q3, valued at $4.92 million, down from 267,995 at the end of the previous reported quarter. Tiaa Cref Investment Management Llc who had been investing in Kapstone Paper And Packaging Corp for a number of months, seems to be less bullish one the $3.35 billion market cap company. The stock increased 0.15% or $0.05 during the last trading session, reaching $34.53. About 1.15 million shares traded. KapStone Paper and Packaging Corporation (NYSE:KS) has risen 45.78% since February 18, 2017 and is uptrending. It has outperformed by 29.08% the S&P500.

Flow Traders Us Llc increased its stake in Novo Nordisk A/S (NVO) by 183.54% based on its latest 2017Q3 regulatory filing with the SEC. Flow Traders Us Llc bought 9,979 shares as the company’s stock rose 15.20% with the market. The institutional investor held 15,416 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $742,000, up from 5,437 at the end of the previous reported quarter. Flow Traders Us Llc who had been investing in Novo Nordisk A/S for a number of months, seems to be bullish on the $119.66 billion market cap company. The stock increased 0.58% or $0.3 during the last trading session, reaching $51.86. About 2.42M shares traded or 80.77% up from the average. Novo Nordisk A/S (NYSE:NVO) has declined 23.93% since February 18, 2017 and is downtrending. It has underperformed by 40.63% the S&P500.

Among 17 analysts covering Kapstone Paper And Packaging Corp. (NYSE:KS), 2 have Buy rating, 2 Sell and 13 Hold. Therefore 12% are positive. Kapstone Paper And Packaging Corp. had 57 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Hold” rating by Standpoint Research given on Friday, September 16. On Friday, September 22 the stock rating was maintained by BMO Capital Markets with “Buy”. The firm earned “Buy” rating on Sunday, August 30 by Deutsche Bank. The rating was upgraded by Bernstein to “Outperform” on Thursday, January 7. The stock of KapStone Paper and Packaging Corporation (NYSE:KS) has “Hold” rating given on Thursday, October 12 by KeyBanc Capital Markets. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, July 19 report. Macquarie Research initiated KapStone Paper and Packaging Corporation (NYSE:KS) on Tuesday, November 10 with “Neutral” rating. The rating was downgraded by Vertical Research to “Hold” on Friday, April 28. The rating was maintained by RBC Capital Markets on Sunday, August 20 with “Buy”. The stock of KapStone Paper and Packaging Corporation (NYSE:KS) earned “Underperform” rating by Macquarie Research on Monday, January 25.

Tiaa Cref Investment Management Llc, which manages about $146.61 billion US Long portfolio, upped its stake in Ipg Photonics Corp (NASDAQ:IPGP) by 6,231 shares to 118,713 shares, valued at $21.97M in 2017Q3, according to the filing. It also increased its holding in Rockwell Collins Inc (NYSE:COL) by 65,041 shares in the quarter, for a total of 795,468 shares, and has risen its stake in Newlink Genetics Corp (NASDAQ:NLNK).

Flow Traders Us Llc, which manages about $928.44M US Long portfolio, decreased its stake in Ishares Jp Morgan Usd Emerging (EMB) by 1.51M shares to 216,250 shares, valued at $25.18M in 2017Q3, according to the filing. It also reduced its holding in Vaneck Vectors Junior Gold Min by 107,192 shares in the quarter, leaving it with 222,828 shares, and cut its stake in Vanguard Total Stock Market Et (VTI).

Among 15 analysts covering Novo Nordisk (ADR) (NYSE:NVO), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. Novo Nordisk (ADR) had 21 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs on Monday, February 15 to “Conviction Buy”. The firm has “Buy” rating by Goldman Sachs given on Friday, January 19. The rating was downgraded by UBS on Monday, February 8 to “Sell”. The stock of Novo Nordisk A/S (NYSE:NVO) has “Neutral” rating given on Friday, September 23 by Piper Jaffray. The firm has “Equal-Weight” rating given on Thursday, September 1 by Morgan Stanley. The rating was upgraded by HSBC to “Hold” on Wednesday, August 31. The firm has “Neutral” rating given on Wednesday, September 6 by Bank of America. Jyske Bank upgraded the shares of NVO in report on Monday, October 19 to “Strong Buy” rating. The company was upgraded on Friday, December 1 by Morgan Stanley. As per Friday, August 28, the company rating was initiated by Leerink Swann.

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