Alkermes Plc (ALKS) Share Value Rose While Bnp Paribas Investment Partners Sa Trimmed Stake; General Electric Company (GE) Holder Advisor Partners Cut Its Position

April 22, 2018 - By Darrin Black

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Advisor Partners Llc decreased its stake in General Electric Company (GE) by 41.65% based on its latest 2017Q4 regulatory filing with the SEC. Advisor Partners Llc sold 58,188 shares as the company’s stock declined 23.20% with the market. The institutional investor held 81,517 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.33 million, down from 139,705 at the end of the previous reported quarter. Advisor Partners Llc who had been investing in General Electric Company for a number of months, seems to be less bullish one the $126.26B market cap company. The stock increased 3.93% or $0.55 during the last trading session, reaching $14.54. About 188.69 million shares traded or 121.66% up from the average. General Electric Company (NYSE:GE) has declined 54.35% since April 22, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Bnp Paribas Investment Partners Sa decreased its stake in Alkermes Plc (ALKS) by 15.41% based on its latest 2017Q4 regulatory filing with the SEC. Bnp Paribas Investment Partners Sa sold 116,942 shares as the company’s stock rose 11.33% while stock markets declined. The institutional investor held 642,104 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $35.14 million, down from 759,046 at the end of the previous reported quarter. Bnp Paribas Investment Partners Sa who had been investing in Alkermes Plc for a number of months, seems to be less bullish one the $7.13B market cap company. The stock decreased 0.28% or $0.13 during the last trading session, reaching $46.02. About 844,146 shares traded. Alkermes plc (NASDAQ:ALKS) has declined 0.51% since April 22, 2017 and is downtrending. It has underperformed by 12.06% the S&P500.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 29% are positive. General Electric Company had 99 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, April 24. RBC Capital Markets has “Outperform” rating and $35 target. Langenberg upgraded it to “Buy” rating and $25 target in Monday, November 13 report. BMO Capital Markets maintained the shares of GE in report on Thursday, March 23 with “Hold” rating. Credit Suisse maintained General Electric Company (NYSE:GE) on Wednesday, April 12 with “Buy” rating. The firm has “Sell” rating by Deutsche Bank given on Friday, May 12. Cowen & Co maintained the stock with “Hold” rating in Monday, June 12 report. RBC Capital Markets maintained General Electric Company (NYSE:GE) rating on Monday, October 19. RBC Capital Markets has “Outperform” rating and $32 target. The rating was maintained by J.P. Morgan on Monday, October 9 with “Sell”. Deutsche Bank maintained the shares of GE in report on Tuesday, August 25 with “Hold” rating. On Monday, August 17 the stock rating was maintained by S&P Research with “Buy”.

Investors sentiment decreased to 0.5 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It dived, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Doheny Asset Mgmt Ca reported 57,725 shares stake. Texan Cap holds 0.68% in General Electric Company (NYSE:GE) or 60,326 shares. Sabal Trust Company stated it has 72,020 shares or 0.13% of all its holdings. Mcrae Cap Management Incorporated reported 30,948 shares. Moreno Evelyn V has invested 0.14% in General Electric Company (NYSE:GE). Ci reported 159 shares. The New York-based Renaissance Technologies Ltd Limited Liability Company has invested 0.47% in General Electric Company (NYSE:GE). Dynamic Advsrs Solutions Ltd Liability Corp owns 94,083 shares. Schafer Cullen Management Inc holds 1.16% or 5.73 million shares. Park National Oh owns 0.93% invested in General Electric Company (NYSE:GE) for 949,512 shares. Iowa-based Iowa National Bank & Trust has invested 1.1% in General Electric Company (NYSE:GE). Guardian Inv Mgmt has invested 2.68% of its portfolio in General Electric Company (NYSE:GE). Cohen Cap Management accumulated 316,765 shares or 1.29% of the stock. Destination Wealth Mngmt invested in 30,677 shares. Highbridge Capital Mngmt Ltd Co, New York-based fund reported 959,780 shares.

Since January 26, 2018, it had 1 buy, and 0 selling transactions for $43,446 activity.

Advisor Partners Llc, which manages about $240.00 million and $559.77 million US Long portfolio, upped its stake in Abbvie Inc. (NYSE:ABBV) by 3,947 shares to 38,825 shares, valued at $4.06M in 2017Q4, according to the filing. It also increased its holding in Tencent Holdings Ltd. Unsponso (TCEHY) by 5,340 shares in the quarter, for a total of 13,265 shares, and has risen its stake in Visa Inc. Class A (NYSE:V).

Investors sentiment decreased to 0.75 in 2017 Q4. Its down 0.29, from 1.04 in 2017Q3. It turned negative, as 42 investors sold ALKS shares while 75 reduced holdings. 38 funds opened positions while 50 raised stakes. 152.34 million shares or 5.29% more from 144.69 million shares in 2017Q3 were reported. Ubs Asset Americas, Illinois-based fund reported 1.21M shares. 649,773 were accumulated by Legal & General Group Public Limited. Reilly Fin Advsr Ltd Limited Liability Company owns 100 shares or 0% of their US portfolio. Hsbc Hldgs Pcl has invested 0% of its portfolio in Alkermes plc (NASDAQ:ALKS). Opus Point Partners Mgmt Limited Company has invested 2.07% in Alkermes plc (NASDAQ:ALKS). Mackenzie Fincl Corporation has invested 0% in Alkermes plc (NASDAQ:ALKS). Proshare Advsrs Limited Liability has 0.03% invested in Alkermes plc (NASDAQ:ALKS). Asset Mngmt One Ltd has 221,743 shares. Credit Suisse Ag holds 0.01% or 190,495 shares. Hudson Bay Capital Mgmt LP holds 0.06% or 50,000 shares in its portfolio. Tiaa Cref Lc reported 269,012 shares stake. 57,581 are owned by Morgan Stanley. Service Automobile Association accumulated 127,878 shares. Vident Invest Advisory Lc invested in 0.03% or 10,923 shares. Tocqueville Asset Lp reported 42,255 shares.

Bnp Paribas Investment Partners Sa, which manages about $11.73 billion US Long portfolio, upped its stake in Waters Corp (NYSE:WAT) by 3,878 shares to 14,098 shares, valued at $2.72 million in 2017Q4, according to the filing. It also increased its holding in Transcanada Corp (NYSE:TRP) by 116,277 shares in the quarter, for a total of 349,012 shares, and has risen its stake in Price T Rowe Group Inc (NASDAQ:TROW).

Among 14 analysts covering Alkermes (NASDAQ:ALKS), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Alkermes had 39 analyst reports since September 1, 2015 according to SRatingsIntel. The stock has “Hold” rating by Cantor Fitzgerald on Tuesday, February 20. Cowen & Co downgraded it to “Market Perform” rating and $50 target in Thursday, January 21 report. As per Monday, April 2, the company rating was maintained by Cantor Fitzgerald. Leerink Swann maintained Alkermes plc (NASDAQ:ALKS) rating on Friday, October 21. Leerink Swann has “Outperform” rating and $70 target. Cantor Fitzgerald maintained the shares of ALKS in report on Thursday, October 26 with “Hold” rating. The stock has “Buy” rating by Mizuho on Friday, October 20. The company was maintained on Thursday, July 27 by Leerink Swann. As per Friday, July 29, the company rating was maintained by Barclays Capital. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, July 26. Evercore initiated the shares of ALKS in report on Thursday, May 26 with “Buy” rating.

General Electric Company (NYSE:GE) Institutional Positions Chart

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