As Dermira (DERM) Stock Price Declined, Loomis Sayles & Company LP Has Raised Its Holding; Pepsico (PEP) Stake Has Upped by Edgestream Partners Lp

August 31, 2017 - By Louis Casey

Loomis Sayles & Company LP increased its stake in Dermira Inc (DERM) by 21.39% based on its latest 2016Q4 regulatory filing with the SEC. Loomis Sayles & Company LP bought 76,206 shares as the company’s stock declined 17.23% while stock markets rallied. The institutional investor held 432,524 shares of the health care company at the end of 2016Q4, valued at $13.12 million, up from 356,318 at the end of the previous reported quarter. Loomis Sayles & Company LP who had been investing in Dermira Inc for a number of months, seems to be bullish on the $981.14 million market cap company. The stock declined 0.06% or $0.01 reaching $23.58 on the news. About 512,204 shares traded or 24.55% up from the average. Dermira Inc (NASDAQ:DERM) has declined 7.44% since August 31, 2016 and is downtrending. It has underperformed by 24.14% the S&P500.

Edgestream Partners Lp increased its stake in Pepsico Inc (PEP) by 102.11% based on its latest 2016Q4 regulatory filing with the SEC. Edgestream Partners Lp bought 3,346 shares as the company’s stock rose 5.12% with the market. The hedge fund held 6,623 shares of the consumer non-durables company at the end of 2016Q4, valued at $693,000, up from 3,277 at the end of the previous reported quarter. Edgestream Partners Lp who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $164.97B market cap company. The stock declined 0.04% or $0.05 reaching $115.68 on the news. About 4.70M shares traded or 59.32% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since August 31, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

More recent Dermira Inc (NASDAQ:DERM) news were published by: Gurufocus.com which released: “Novo A Buys Dermira Inc, Verona Pharma PLC, Akebia Therapeutics Inc, Sells …” on August 16, 2017. Also Nasdaq.com published the news titled: “Novo A Buys Dermira Inc, Verona Pharma PLC, Akebia Therapeutics Inc, Sells …” on August 16, 2017. Benzinga.com‘s news article titled: “Is Dermira Inc (NASDAQ:DERM)’s Confidence In Lebrikizumab Warranted?” with publication date: August 10, 2017 was also an interesting one.

Loomis Sayles & Company L P, which manages about $40.72 billion US Long portfolio, decreased its stake in Valero Energy Corp (NYSE:VLO) by 650,694 shares to 9,819 shares, valued at $671,000 in 2016Q4, according to the filing. It also reduced its holding in Kadant Inc (NYSE:KAI) by 38,698 shares in the quarter, leaving it with 211,936 shares, and cut its stake in Bank Of America 7.250 Cvt Pfd.

Investors sentiment decreased to 0.98 in 2016 Q4. Its down 0.54, from 1.52 in 2016Q3. It is negative, as 20 investors sold DERM shares while 34 reduced holdings. 11 funds opened positions while 42 raised stakes. 29.19 million shares or 2.78% less from 30.02 million shares in 2016Q3 were reported. Moreover, Blackrock has 0% invested in Dermira Inc (NASDAQ:DERM) for 69,007 shares. Fmr Limited Liability Company stated it has 4.71M shares. 31 were reported by Magee Thomson Prns Lc. Barclays Public Limited owns 71,932 shares. Tekla Capital Management Ltd Liability Company stated it has 0.21% of its portfolio in Dermira Inc (NASDAQ:DERM). Rhumbline Advisers reported 0% in Dermira Inc (NASDAQ:DERM). Timessquare Cap Management Limited Com has invested 0.49% in Dermira Inc (NASDAQ:DERM). 104,770 are held by D E Shaw And. Blackrock Inv Management Lc holds 0% of its portfolio in Dermira Inc (NASDAQ:DERM) for 116,899 shares. Pacad Inv Limited reported 0.01% stake. Nationwide Fund Advsr reported 28,742 shares. Acuta Partners Limited Com stated it has 88,500 shares. Tiaa Cref Investment Mgmt Limited holds 0% or 95,424 shares in its portfolio. State Street Corp accumulated 513,661 shares or 0% of the stock. The California-based California State Teachers Retirement System has invested 0% in Dermira Inc (NASDAQ:DERM).

Among 8 analysts covering Dermira Inc (NASDAQ:DERM), 7 have Buy rating, 1 Sell and 0 Hold. Therefore 88% are positive. Dermira Inc had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, May 11 by Needham. The company was maintained on Friday, January 8 by Needham. The rating was maintained by Citigroup with “Buy” on Wednesday, March 16. The rating was maintained by Cantor Fitzgerald with “Buy” on Tuesday, July 25. The firm earned “Outperform” rating on Wednesday, August 19 by Cowen & Co. The firm has “Buy” rating given on Friday, December 18 by Citigroup.

Since March 1, 2017, it had 0 insider buys, and 9 sales for $958,987 activity. WIGGANS THOMAS G also sold $368,945 worth of Dermira Inc (NASDAQ:DERM) on Wednesday, March 1. Griffith Christopher M. also sold $46,630 worth of Dermira Inc (NASDAQ:DERM) shares. The insider RINGO WILLIAM R sold $17,030.

Since March 1, 2017, it had 0 insider purchases, and 3 selling transactions for $1.79 million activity. Narasimhan Laxman also sold $466,265 worth of PepsiCo, Inc. (NYSE:PEP) on Monday, March 6. Another trade for 5,500 shares valued at $605,735 was sold by Tanner Kirk. 2,000 shares valued at $220,444 were sold by Sankaran Vivek on Wednesday, March 1.

More notable recent PepsiCo, Inc. (NYSE:PEP) news were published by: Fool.com which released: “Better Buy: Procter & Gamble Co vs. PepsiCo, Inc.” on August 26, 2017, also Fortune.com with their article: “Why Doritos, Ruffles and Funyuns Might Be Different at Whole Foods” published on August 30, 2017, Nasdaq.com published: “Pepsico, Inc. (PEP) Ex-Dividend Date Scheduled for August 30, 2017” on August 29, 2017. More interesting news about PepsiCo, Inc. (NYSE:PEP) were released by: Thestreet.com and their article: “PepsiCo’s Frito-Lay Wants In at Amazon-Whole Foods” published on August 31, 2017 as well as Bloomberg.com‘s news article titled: “Coca-Cola Wins Arby’s Away From PepsiCo in Latest Showdown” with publication date: August 17, 2017.

Investors sentiment increased to 0.97 in 2016 Q4. Its up 0.18, from 0.79 in 2016Q3. It improved, as 68 investors sold PEP shares while 674 reduced holdings. 102 funds opened positions while 618 raised stakes. 967.70 million shares or 0.34% more from 964.42 million shares in 2016Q3 were reported. Arvest Financial Bank Tru Division stated it has 9,369 shares or 0.08% of all its holdings. Atlanta Capital Co L L C accumulated 464,541 shares or 0.31% of the stock. Catawba Mngmt Va holds 1.34% or 54,763 shares. Ifc Holdings Incorporated Fl holds 12,807 shares. Indiana-based 1St Source Comml Bank has invested 0.94% in PepsiCo, Inc. (NYSE:PEP). Invesco Ltd holds 3.68M shares. Chatham Gru reported 28,608 shares. 3,265 were accumulated by Holt Ltd Liability Dba Holt Ptnrs Limited Partnership. Connable Office holds 0.68% in PepsiCo, Inc. (NYSE:PEP) or 28,137 shares. Two Sigma Securities Ltd Llc reported 9,978 shares stake. Bowen Hanes & reported 302,068 shares. Moreover, Vnbtrust National Association has 1.07% invested in PepsiCo, Inc. (NYSE:PEP) for 18,534 shares. Kayne Anderson Rudnick Mngmt Ltd Llc holds 11,328 shares or 0.01% of its portfolio. Lipe Dalton invested 0.21% in PepsiCo, Inc. (NYSE:PEP). Cipher Cap Ltd Partnership owns 37,921 shares.

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