2017 Q4 Sentiment Acceleron Pharma Inc (NASDAQ:XLRN)

April 17, 2018 - By Darrin Black

Acceleron Pharma Inc. (NASDAQ:XLRN) Logo

Sentiment for Acceleron Pharma Inc (NASDAQ:XLRN)

Acceleron Pharma Inc (NASDAQ:XLRN) institutional sentiment decreased to 1.09 in 2017 Q4. Its down -0.72, from 1.81 in 2017Q3. The ratio turned negative, as 61 investment professionals started new and increased stock positions, while 56 sold and reduced their stock positions in Acceleron Pharma Inc. The investment professionals in our partner’s database now own: 38.14 million shares, up from 37.73 million shares in 2017Q3. Also, the number of investment professionals holding Acceleron Pharma Inc in their top 10 stock positions was flat from 3 to 3 for the same number . Sold All: 24 Reduced: 32 Increased: 47 New Position: 14.

Acceleron Pharma Inc., a clinical stage biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics for serious and rare diseases. The company has market cap of $1.74 billion. The Company’s therapeutic candidates include luspatercept to treat anemia and associated complications in patients with myelodysplastic syndromes and beta-thalassemia; and sotatercept for chronic kidney diseases. It currently has negative earnings. The companyÂ’s therapeutic candidates also include dalantercept, a tyrosine kinase inhibitor, which is in phase II clinical trials for renal cell carcinoma; and ACE-083 that is in phase II clinical trials for facioscapulohumeral dystrophy.

The stock increased 1.23% or $0.46 during the last trading session, reaching $37.94. About 136,910 shares traded. Acceleron Pharma Inc. (NASDAQ:XLRN) has risen 45.87% since April 17, 2017 and is uptrending. It has outperformed by 34.32% the S&P500.

Analysts await Acceleron Pharma Inc. (NASDAQ:XLRN) to report earnings on May, 14. They expect $-0.64 EPS, up 3.03 % or $0.02 from last year’s $-0.66 per share. After $-0.62 actual EPS reported by Acceleron Pharma Inc. for the previous quarter, Wall Street now forecasts 3.23 % negative EPS growth.

Sectoral Asset Management Inc holds 3.78% of its portfolio in Acceleron Pharma Inc. for 712,356 shares. Foresite Capital Management Ii Llc owns 244,756 shares or 3.63% of their US portfolio. Moreover, Perceptive Advisors Llc has 2.27% invested in the company for 1.62 million shares. The New York-based Ghost Tree Capital Llc has invested 1.99% in the stock. Hamilton Lane Advisors Llc, a Pennsylvania-based fund reported 69,503 shares.#img1#

Since January 1, 0001, it had 0 buys, and 13 sales for $7.84 million activity.

Acceleron Pharma Inc. (NASDAQ:XLRN) Ratings Coverage

Ratings analysis reveals 83% of Acceleron Pharma’s analysts are positive. Out of 6 Wall Street analysts rating Acceleron Pharma, 5 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $44.0 while the high is $63. The stock’s average target of $51.17 is 34.87% above today’s ($37.94) share price. XLRN was included in 8 notes of analysts from November 2, 2017. The rating was upgraded by JP Morgan to “Overweight” on Monday, February 26. Citigroup maintained the stock with “Buy” rating in Thursday, March 1 report. RBC Capital Markets maintained it with “Hold” rating and $44.0 target in Thursday, November 2 report. The firm has “Buy” rating by H.C. Wainwright given on Monday, January 8. H.C. Wainwright maintained it with “Buy” rating and $62.0 target in Wednesday, February 28 report. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, November 14. The firm earned “Buy” rating on Wednesday, March 28 by H.C. Wainwright. The company was maintained on Wednesday, February 28 by Barclays Capital.

Acceleron Pharma Inc. (NASDAQ:XLRN) Ratings Chart

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