As Fleetcor (FLT) Market Value Rose, Ubs Oconnor Has Raised Stake by $2.64 Billion; New Leaf Venture Partners Has Upped Stake in Marinus Pharmaceuticals (MRNS)

April 24, 2018 - By Winifred Garcia

FleetCor Technologies, Inc. (NYSE:FLT) Logo

Ubs Oconnor Llc increased its stake in Fleetcor (FLT) by 137.29% based on its latest 2017Q4 regulatory filing with the SEC. Ubs Oconnor Llc bought 13,729 shares as the company’s stock rose 4.28% while stock markets declined. The hedge fund held 23,729 shares of the miscellaneous company at the end of 2017Q4, valued at $4.57 billion, up from 10,000 at the end of the previous reported quarter. Ubs Oconnor Llc who had been investing in Fleetcor for a number of months, seems to be bullish on the $18.54 billion market cap company. The stock decreased 1.23% or $2.56 during the last trading session, reaching $206.39. About 460,362 shares traded. FleetCor Technologies, Inc. (NYSE:FLT) has risen 27.04% since April 24, 2017 and is uptrending. It has outperformed by 15.49% the S&P500.

Robert Boucai increased its stake in Marinus Pharmaceuticals Inc (MRNS) by 70% based on its latest 2017Q4 regulatory filing with the SEC. New Leaf Venture Partners Llc bought 175,000 shares as the company’s stock declined 54.45% with the market. The hedge fund run by Robert Boucai held 425,000 shares of the health care company at the end of 2017Q4, valued at $3.47M, up from 250,000 at the end of the previous reported quarter. New Leaf Venture Partners Llc who had been investing in Marinus Pharmaceuticals Inc for a number of months, seems to be bullish on the $190.45 million market cap company. The stock decreased 1.47% or $0.07 during the last trading session, reaching $4.7. About 565,846 shares traded. Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) has risen 130.72% since April 24, 2017 and is uptrending. It has outperformed by 119.17% the S&P500.

Among 17 analysts covering Fleetcor Technologies (NYSE:FLT), 15 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Fleetcor Technologies had 55 analyst reports since August 6, 2015 according to SRatingsIntel. As per Friday, March 18, the company rating was upgraded by Evercore. The company was upgraded on Tuesday, May 2 by Raymond James. As per Friday, August 5, the company rating was upgraded by Oppenheimer. The rating was maintained by Jefferies on Wednesday, October 11 with “Buy”. The firm has “Overweight” rating given on Wednesday, October 18 by Morgan Stanley. On Wednesday, November 1 the stock rating was maintained by Oppenheimer with “Buy”. On Friday, November 18 the stock rating was upgraded by Wells Fargo to “Outperform”. The stock of FleetCor Technologies, Inc. (NYSE:FLT) has “Overweight” rating given on Thursday, November 2 by Barclays Capital. Monness Crespi & Hardt maintained FleetCor Technologies, Inc. (NYSE:FLT) rating on Monday, September 19. Monness Crespi & Hardt has “Buy” rating and $186 target. Monness Crespi & Hardt maintained the stock with “Buy” rating in Wednesday, January 27 report.

Investors sentiment decreased to 1.2 in Q4 2017. Its down 0.07, from 1.27 in 2017Q3. It worsened, as 25 investors sold FLT shares while 118 reduced holdings. 73 funds opened positions while 99 raised stakes. 81.94 million shares or 2.11% less from 83.71 million shares in 2017Q3 were reported. Lone Pine Cap Ltd Limited Liability Company reported 0.81% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT). 35,891 were reported by Amundi Pioneer Asset Mngmt. 3,377 were reported by Alps Advisors Inc. Hightower Advisors owns 1,884 shares. Rhumbline Advisers reported 0.04% stake. Thomas White Int Ltd reported 0.2% stake. Meridian Com holds 0.68% or 7,626 shares. Tiger Mgmt Limited Liability Corporation invested 2.09% in FleetCor Technologies, Inc. (NYSE:FLT). Andra Ap has 7,900 shares. Teacher Retirement System Of Texas accumulated 24,883 shares. Fny Managed Accounts has invested 0% in FleetCor Technologies, Inc. (NYSE:FLT). The Missouri-based State Bank has invested 0% in FleetCor Technologies, Inc. (NYSE:FLT). Alyeska Grp Inc Lp stated it has 0.36% in FleetCor Technologies, Inc. (NYSE:FLT). Toronto Dominion State Bank invested 0% of its portfolio in FleetCor Technologies, Inc. (NYSE:FLT). Bright Rock Cap Mgmt Limited Liability Corp reported 3,300 shares.

Ubs Oconnor Llc, which manages about $12.67B and $3308.68B US Long portfolio, decreased its stake in Ishares (HYG) by 650,000 shares to 50,000 shares, valued at $4.36B in 2017Q4, according to the filing. It also reduced its holding in Carmax I (NYSE:KMX) by 233,637 shares in the quarter, leaving it with 500,000 shares, and cut its stake in Ishares (TLT).

Investors sentiment decreased to 2 in Q4 2017. Its down 0.80, from 2.8 in 2017Q3. It worsened, as 7 investors sold MRNS shares while 11 reduced holdings. 23 funds opened positions while 13 raised stakes. 20.53 million shares or 8.19% more from 18.97 million shares in 2017Q3 were reported. 10,000 were accumulated by Shanda Asset Mngmt Holding Ltd. Pacad Ltd owns 7,000 shares for 0.01% of their portfolio. Citadel Ltd owns 0.01% invested in Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) for 1.02M shares. Northern Tru invested 0% in Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS). Manufacturers Life Ins Communications The reported 1,468 shares. Perceptive Advsrs Lc stated it has 907,732 shares. 200,000 were reported by Artal Gp. Granite Point Management Limited Partnership holds 1.82% of its portfolio in Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) for 2.28 million shares. 18,643 are owned by Caxton. 164,060 are owned by Geode Management Ltd Liability. Savings Bank Of America Corp De reported 7,312 shares. Td Asset invested in 16,800 shares or 0% of the stock. J Goldman Ltd Partnership holds 6,528 shares or 0% of its portfolio. Trexquant Inv Ltd Partnership stated it has 0.03% in Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS). Art Advsrs Lc, New York-based fund reported 126,952 shares.

Since December 15, 2017, it had 0 insider buys, and 2 selling transactions for $10.05 million activity. Another trade for 3,000 shares valued at $23,730 was made by Smith Edward F on Monday, January 29.

FleetCor Technologies, Inc. (NYSE:FLT) Institutional Positions Chart

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