Cutter & Company Brokerage Raised Stake in Crh Plc Adr (CRH) by $937,800 as Market Value Declined; As Celgene (CELG) Share Value Declined, Johnston Asset Management Has Upped Position

May 16, 2018 - By Migdalia James

Celgene Corporation (NASDAQ:CELG) Logo

Cutter & Company Brokerage Inc increased its stake in Crh Plc Adr (CRH) by 216.63% based on its latest 2017Q4 regulatory filing with the SEC. Cutter & Company Brokerage Inc bought 26,050 shares as the company’s stock declined 6.73% with the market. The institutional investor held 38,075 shares of the building materials company at the end of 2017Q4, valued at $1.37M, up from 12,025 at the end of the previous reported quarter. Cutter & Company Brokerage Inc who had been investing in Crh Plc Adr for a number of months, seems to be bullish on the $30.76B market cap company. The stock increased 0.86% or $0.31 during the last trading session, reaching $36.42. About 197,374 shares traded. CRH plc (NYSE:CRH) has declined 4.37% since May 16, 2017 and is downtrending. It has underperformed by 15.92% the S&P500.

Johnston Asset Management Corp increased its stake in Celgene Corp (CELG) by 27.3% based on its latest 2017Q4 regulatory filing with the SEC. Johnston Asset Management Corp bought 93,910 shares as the company’s stock declined 19.30% with the market. The institutional investor held 437,870 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $45.70 million, up from 343,960 at the end of the previous reported quarter. Johnston Asset Management Corp who had been investing in Celgene Corp for a number of months, seems to be bullish on the $59.54B market cap company. The stock decreased 0.01% or $0.01 during the last trading session, reaching $81.97. About 2.67M shares traded. Celgene Corporation (NASDAQ:CELG) has declined 31.28% since May 16, 2017 and is downtrending. It has underperformed by 42.83% the S&P500.

More notable recent Celgene Corporation (NASDAQ:CELG) news were published by: Seekingalpha.com which released: “Celgene Earnings Preview” on April 30, 2018, also Seekingalpha.com with their article: “Celgene And Otezla Are Cracking” published on May 14, 2018, Fool.com published: “Celgene Starts the Year With a Bang” on May 14, 2018. More interesting news about Celgene Corporation (NASDAQ:CELG) were released by: Seekingalpha.com and their article: “Celgene: Bold Pursuits In Science With 24.66% Discount” published on April 23, 2018 as well as Seekingalpha.com‘s news article titled: “My 2 Cents On The Ozanimod Saga” with publication date: May 15, 2018.

Since February 8, 2018, it had 1 buying transaction, and 3 selling transactions for $3.58 million activity. Another trade for 9,250 shares valued at $851,093 was made by LOUGHLIN JAMES J on Monday, March 12. Shares for $1.26 million were sold by MARIO ERNEST. KAPLAN GILLA had sold 18,500 shares worth $1.77 million on Thursday, February 15.

Among 35 analysts covering Celgene Corporation (NASDAQ:CELG), 20 have Buy rating, 1 Sell and 14 Hold. Therefore 57% are positive. Celgene Corporation had 146 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, September 7 by Stifel Nicolaus. The rating was downgraded by SunTrust to “Hold” on Wednesday, February 28. JMP Securities maintained it with “Market Outperform” rating and $152 target in Wednesday, March 9 report. On Thursday, February 25 the stock rating was initiated by Citigroup with “Buy”. The firm has “Buy” rating given on Tuesday, August 22 by Cantor Fitzgerald. Robert W. Baird maintained the shares of CELG in report on Wednesday, February 28 with “Hold” rating. Oppenheimer maintained Celgene Corporation (NASDAQ:CELG) rating on Thursday, July 27. Oppenheimer has “Buy” rating and $17500 target. The stock of Celgene Corporation (NASDAQ:CELG) has “Equal-Weight” rating given on Friday, October 13 by Barclays Capital. The firm has “Buy” rating by Canaccord Genuity given on Thursday, July 27. Atlantic Securities upgraded the shares of CELG in report on Friday, December 8 to “Overweight” rating.

Investors sentiment decreased to 0.83 in 2017 Q4. Its down 0.34, from 1.17 in 2017Q3. It dropped, as 156 investors sold CELG shares while 478 reduced holdings. 118 funds opened positions while 411 raised stakes. 561.38 million shares or 7.06% less from 603.99 million shares in 2017Q3 were reported. Plante Moran Financial Advisors Ltd Llc has 1,362 shares for 0.08% of their portfolio. Meyer Handelman invested in 0.01% or 2,100 shares. 135,619 are held by Kelly Lawrence W & Associates Ca. Sun Life Financial owns 1,722 shares. Calamos Wealth Mgmt Limited Com has invested 0.25% of its portfolio in Celgene Corporation (NASDAQ:CELG). State Street has 0.27% invested in Celgene Corporation (NASDAQ:CELG). 4,127 are owned by Parametrica Ltd. Princeton Portfolio Strategies Grp Ltd Liability accumulated 16,702 shares. Blackhill Capital invested 0.47% in Celgene Corporation (NASDAQ:CELG). Patten Group Inc stated it has 8,450 shares or 0.35% of all its holdings. Colony Grp Limited Company has invested 0.03% in Celgene Corporation (NASDAQ:CELG). Todd Asset Limited Liability Company holds 0.67% or 236,517 shares. South Texas Money Mngmt Ltd holds 0.01% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 1,965 shares. Douglass Winthrop Limited Com accumulated 21,448 shares. Rosenblum Silverman Sutton S F Inc Ca has 68,911 shares.

Johnston Asset Management Corp, which manages about $4.21B and $2.36B US Long portfolio, decreased its stake in Baidu Inc (NASDAQ:BIDU) by 1,590 shares to 5,460 shares, valued at $1.28 million in 2017Q4, according to the filing. It also reduced its holding in James Hardie Inds Plc (NYSE:JHX) by 1.29 million shares in the quarter, leaving it with 10,470 shares, and cut its stake in Jazz Pharmaceuticals Plc (NASDAQ:JAZZ).

Cutter & Company Brokerage Inc, which manages about $412.24M and $243.36M US Long portfolio, decreased its stake in Mosaic Company (NYSE:MOS) by 17,652 shares to 75,447 shares, valued at $1.94M in 2017Q4, according to the filing. It also reduced its holding in Facebook Inc Class A (NASDAQ:FB) by 6,896 shares in the quarter, leaving it with 23,301 shares, and cut its stake in Connecticut Water Svc (NASDAQ:CTWS).

Among 10 analysts covering CRH Plc. (NYSE:CRH), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. CRH Plc. had 16 analyst reports since November 5, 2015 according to SRatingsIntel. As per Thursday, October 20, the company rating was upgraded by Societe Generale. The rating was upgraded by Bernstein to “Market Perform” on Friday, March 18. The firm has “Buy” rating given on Wednesday, September 27 by Jefferies. As per Friday, August 26, the company rating was downgraded by Numis Securities. The rating was upgraded by HSBC to “Buy” on Wednesday, January 27. The firm has “Underperform” rating by Bank of America given on Thursday, November 5. Bank of America upgraded CRH plc (NYSE:CRH) on Monday, April 25 to “Neutral” rating. On Wednesday, April 6 the stock rating was upgraded by JP Morgan to “Overweight”. The stock of CRH plc (NYSE:CRH) has “Underweight” rating given on Tuesday, January 31 by Morgan Stanley. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Wednesday, September 13.

Investors sentiment increased to 0.97 in 2017 Q4. Its up 0.14, from 0.83 in 2017Q3. It is positive, as 26 investors sold CRH shares while 33 reduced holdings. 19 funds opened positions while 38 raised stakes. 28.53 million shares or 2.73% more from 27.77 million shares in 2017Q3 were reported. Jefferies Grp Incorporated Limited holds 23,527 shares. First Personal Financial invested 0% of its portfolio in CRH plc (NYSE:CRH). Raymond James Assocs has invested 0.01% of its portfolio in CRH plc (NYSE:CRH). Northwestern Mutual Wealth Mngmt Company has invested 0% in CRH plc (NYSE:CRH). Renaissance Ltd Liability Com has invested 0% in CRH plc (NYSE:CRH). Lpl Ltd Company has invested 0% in CRH plc (NYSE:CRH). Citigroup Inc stated it has 0.01% of its portfolio in CRH plc (NYSE:CRH). First Trust Advsrs Ltd Partnership reported 9,909 shares stake. Carroll Fincl Associates holds 0% of its portfolio in CRH plc (NYSE:CRH) for 153 shares. Teachers Retirement Sys Of The State Of Kentucky has invested 0.13% in CRH plc (NYSE:CRH). Rmb Cap Mgmt reported 13,240 shares. Ftb Advisors Inc owns 217 shares. Stratos Wealth owns 1,249 shares or 0% of their US portfolio. Bessemer Inc reported 94 shares or 0% of all its holdings. Texas Yale reported 15,000 shares stake.

Celgene Corporation (NASDAQ:CELG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: