Cam Group Holding A Continues to Hold Holding in First Rep Bk San Francisco C (FRC); As Versartis (VSAR) Stock Price Declined, Baker Bros Advisors LP Has Trimmed Its Holding by $446,758

February 22, 2018 - By Darrin Black

Julian Baker decreased its stake in Versartis Inc. (VSAR) by 13.45% based on its latest 2017Q3 regulatory filing with the SEC. Baker Bros Advisors Lp sold 223,379 shares as the company’s stock declined 2.45% while stock markets rallied. The hedge fund run by Julian Baker held 1.44M shares of the health care company at the end of 2017Q3, valued at $3.52M, down from 1.66M at the end of the previous reported quarter. Baker Bros Advisors Lp who had been investing in Versartis Inc. for a number of months, seems to be less bullish one the $61.77M market cap company. The stock increased 1.47% or $0.025 during the last trading session, reaching $1.725. About 373,081 shares traded. Versartis, Inc. (NASDAQ:VSAR) has risen 103.18% since February 22, 2017 and is uptrending. It has outperformed by 86.48% the S&P500.

Cam Group Holding A increased its stake in First Rep Bk San Francisco C (FRC) by 2.05% based on its latest 2017Q3 regulatory filing with the SEC. Cam Group Holding A bought 64,663 shares as the company’s stock declined 5.64% while stock markets rallied. The institutional investor held 3.22M shares of the company at the end of 2017Q3, valued at $336.46 million, up from 3.16 million at the end of the previous reported quarter. Cam Group Holding A who had been investing in First Rep Bk San Francisco C for a number of months, seems to be bullish on the $15.46B market cap company. The stock increased 0.34% or $0.32 during the last trading session, reaching $95.61. About 1.17 million shares traded. First Republic Bank (NYSE:FRC) has risen 29.07% since February 22, 2017 and is uptrending. It has outperformed by 12.37% the S&P500.

Since September 21, 2017, it had 0 insider purchases, and 5 selling transactions for $7.02 million activity. Brumm Joshua T sold $3,381 worth of stock. Ward Shane had sold 776 shares worth $1,979. Another trade for 667 shares valued at $1,701 was sold by Hislop Colin. The insider PERCEPTIVE ADVISORS LLC sold 2.13 million shares worth $7.01M.

Baker Bros Advisors Lp, which manages about $8.20 billion and $12.33 billion US Long portfolio, upped its stake in Cymabay Therapeutics Inc. (NASDAQ:CBAY) by 1.70 million shares to 2.99 million shares, valued at $24.11 million in 2017Q3, according to the filing. It also increased its holding in Beigene Ltd. by 225,256 shares in the quarter, for a total of 3.90 million shares, and has risen its stake in Ignyta Inc. (NASDAQ:RXDX).

Among 12 analysts covering Versartis Inc (NASDAQ:VSAR), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Versartis Inc had 26 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of Versartis, Inc. (NASDAQ:VSAR) earned “Buy” rating by Canaccord Genuity on Friday, July 28. The stock has “Market Perform” rating by Cowen & Co on Friday, September 22. Credit Suisse downgraded the stock to “Underperform” rating in Thursday, December 17 report. The firm earned “Overweight” rating on Tuesday, October 4 by Piper Jaffray. The stock of Versartis, Inc. (NASDAQ:VSAR) earned “Overweight” rating by Cantor Fitzgerald on Friday, September 22. The stock has “Hold” rating by SunTrust on Friday, September 22. Cantor Fitzgerald maintained Versartis, Inc. (NASDAQ:VSAR) rating on Thursday, July 27. Cantor Fitzgerald has “Buy” rating and $3400 target. The stock of Versartis, Inc. (NASDAQ:VSAR) earned “Hold” rating by Citigroup on Friday, September 22. Canaccord Genuity maintained the shares of VSAR in report on Friday, May 26 with “Buy” rating. The stock of Versartis, Inc. (NASDAQ:VSAR) earned “Underweight” rating by Barclays Capital on Friday, September 22.

Investors sentiment decreased to 1.29 in 2017 Q3. Its down 0.10, from 1.39 in 2017Q2. It dived, as 25 investors sold VSAR shares while 24 reduced holdings. 35 funds opened positions while 28 raised stakes. 16.86 million shares or 34.93% less from 25.90 million shares in 2017Q2 were reported. California State Teachers Retirement System holds 52,148 shares or 0% of its portfolio. Grp holds 21,860 shares or 0% of its portfolio. Schwab Charles Management Inc invested in 99,818 shares or 0% of the stock. New York-based Bnp Paribas Arbitrage has invested 0% in Versartis, Inc. (NASDAQ:VSAR). Goldman Sachs Grp Inc stated it has 0% in Versartis, Inc. (NASDAQ:VSAR). Numeric Investors Ltd has 10,100 shares. Price T Rowe Assoc Md owns 33,164 shares or 0% of their US portfolio. Bb&T Ltd Com reported 29,000 shares or 0% of all its holdings. Art Lc has 0% invested in Versartis, Inc. (NASDAQ:VSAR) for 28,520 shares. Barclays Public Limited Co reported 50,754 shares. Ameritas Prns stated it has 2,862 shares or 0% of all its holdings. 108,931 were reported by Jefferies Group Incorporated Limited Liability Co. Hightower Advsr Ltd Liability Corporation owns 0% invested in Versartis, Inc. (NASDAQ:VSAR) for 32,550 shares. 20,107 were accumulated by Virtu. First Quadrant Ltd Partnership Ca accumulated 120,500 shares.

Among 18 analysts covering First Republic Bank (NYSE:FRC), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. First Republic Bank had 77 analyst reports since October 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, October 24 report. Barclays Capital maintained the stock with “Hold” rating in Tuesday, January 2 report. Jefferies maintained First Republic Bank (NYSE:FRC) rating on Tuesday, January 16. Jefferies has “Hold” rating and $91.0 target. The firm earned “Hold” rating on Friday, August 18 by RBC Capital Markets. RBC Capital Markets maintained First Republic Bank (NYSE:FRC) rating on Monday, October 19. RBC Capital Markets has “Sector Perform” rating and $67 target. Keefe Bruyette & Woods maintained it with “Hold” rating and $87.0 target in Friday, October 13 report. The company was upgraded on Monday, February 22 by HSBC. Keefe Bruyette & Woods maintained the shares of FRC in report on Tuesday, January 16 with “Hold” rating. The firm has “Equal-Weight” rating given on Tuesday, October 10 by Barclays Capital. The firm earned “Hold” rating on Tuesday, January 16 by RBC Capital Markets.

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