Patten & Patten Raised Bank Of America Corp. (BAC) Position By $313,150; California Public Employees Retirement System Boosted Its Merit Medical Systems (MMSI) Holding

January 17, 2018 - By Winifred Garcia

California Public Employees Retirement System increased Merit Medical Systems Inc (MMSI) stake by 5.88% reported in 2017Q3 SEC filing. California Public Employees Retirement System acquired 7,892 shares as Merit Medical Systems Inc (MMSI)’s stock rose 18.76%. The California Public Employees Retirement System holds 142,092 shares with $6.02 million value, up from 134,200 last quarter. Merit Medical Systems Inc now has $2.28 billion valuation. The stock increased 0.44% or $0.2 during the last trading session, reaching $45.5. About 352,866 shares traded. Merit Medical Systems, Inc. (NASDAQ:MMSI) has risen 81.84% since January 17, 2017 and is uptrending. It has outperformed by 65.14% the S&P500.

Patten & Patten Inc increased Bank Of America Corp. (BAC) stake by 5.38% reported in 2017Q3 SEC filing. Patten & Patten Inc acquired 12,526 shares as Bank Of America Corp. (BAC)’s stock declined 6.00%. The Patten & Patten Inc holds 245,250 shares with $6.22 million value, up from 232,724 last quarter. Bank Of America Corp. now has $325.85B valuation. The stock increased 0.16% or $0.05 during the last trading session, reaching $31.24. About 104.47M shares traded or 54.26% up from the average. Bank of America Corporation (NYSE:BAC) has risen 58.64% since January 17, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

California Public Employees Retirement System decreased Everi Hldgs Inc stake by 43,816 shares to 396,184 valued at $3.01M in 2017Q3. It also reduced Phh Corp (NYSE:PHH) stake by 146,200 shares and now owns 259,732 shares. White Mountains Insurance Gp (NYSE:WTM) was reduced too.

Since August 3, 2017, it had 0 buys, and 6 selling transactions for $1.99 million activity. $81,101 worth of stock was sold by STANGER KENT W on Monday, September 11. On Thursday, August 3 Millner F. Ann sold $127,389 worth of Merit Medical Systems, Inc. (NASDAQ:MMSI) or 3,106 shares. On Monday, August 7 the insider ANDERSON A SCOTT sold $1.03M.

Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.21, from 1.49 in 2017Q2. It worsened, as 14 investors sold MMSI shares while 71 reduced holdings. 44 funds opened positions while 65 raised stakes. 44.33 million shares or 0.69% more from 44.02 million shares in 2017Q2 were reported. Invesco Ltd has invested 0% in Merit Medical Systems, Inc. (NASDAQ:MMSI). Moreover, Emerald Mutual Fund Advisers has 0.42% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI). Rhumbline Advisers owns 0.01% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI) for 95,080 shares. Thomson Horstmann Bryant Inc stated it has 0.89% in Merit Medical Systems, Inc. (NASDAQ:MMSI). Insight Research And Mngmt holds 0.71% or 29,713 shares in its portfolio. Contravisory Investment Management holds 30 shares or 0% of its portfolio. 13,000 are held by Employees Retirement Systems Of Texas. Frontier Cap Mgmt Co Lc stated it has 0.48% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI). Balyasny Asset Management Ltd Llc holds 13,270 shares. Savings Bank Of Montreal Can invested in 0% or 87,677 shares. Bogle Investment Management LP De owns 6,082 shares. Engineers Gate Manager Ltd Partnership holds 0.05% or 15,138 shares in its portfolio. 18,500 are held by Los Angeles Cap Mgmt & Equity Rech Inc. Perceptive Lc holds 0.16% or 100,000 shares in its portfolio. Riverhead Capital Mgmt Limited Liability Corporation holds 5,920 shares or 0.01% of its portfolio.

Among 8 analysts covering Merit Medical (NASDAQ:MMSI), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Merit Medical had 18 analyst reports since October 23, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, August 28 by Raymond James. On Monday, October 26 the stock rating was upgraded by Barrington Research to “Outperform”. The firm has “Buy” rating given on Thursday, July 27 by Canaccord Genuity. The firm earned “Mkt Perform” rating on Friday, October 23 by Barrington Research. The stock of Merit Medical Systems, Inc. (NASDAQ:MMSI) earned “Buy” rating by Canaccord Genuity on Tuesday, January 2. The stock of Merit Medical Systems, Inc. (NASDAQ:MMSI) earned “Buy” rating by Wells Fargo on Thursday, November 30. The stock of Merit Medical Systems, Inc. (NASDAQ:MMSI) has “Buy” rating given on Monday, July 10 by Canaccord Genuity. Canaccord Genuity maintained Merit Medical Systems, Inc. (NASDAQ:MMSI) on Thursday, October 26 with “Buy” rating. Canaccord Genuity maintained Merit Medical Systems, Inc. (NASDAQ:MMSI) on Thursday, November 16 with “Buy” rating. The firm has “Buy” rating given on Tuesday, July 19 by Canaccord Genuity.

Patten & Patten Inc decreased A.O. Smith Corp. (NYSE:AOS) stake by 27,832 shares to 393,849 valued at $23.41M in 2017Q3. It also reduced General Motors (NYSE:GM) stake by 15,012 shares and now owns 145,068 shares. Walgreens Boots Alliance Inc. was reduced too.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.08, from 1.12 in 2017Q2. It turned negative, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. 6.91 billion shares or 9.01% more from 6.34 billion shares in 2017Q2 were reported. 1.00 million are held by Masters Cap Management Limited Liability Com. M&T National Bank & Trust holds 0.16% or 1.19M shares. Sunbelt Secs reported 0.66% stake. Advisor Limited Company reported 1.01% of its portfolio in Bank of America Corporation (NYSE:BAC). Seizert Capital Prtnrs Ltd Co holds 2.23 million shares or 2.08% of its portfolio. Pennsylvania-based Nationwide Fund has invested 0.48% in Bank of America Corporation (NYSE:BAC). Graham Ltd Partnership has invested 0.32% in Bank of America Corporation (NYSE:BAC). Shufro Rose Ltd Liability Corporation holds 0.2% of its portfolio in Bank of America Corporation (NYSE:BAC) for 77,203 shares. Schroder Inv Management Gru stated it has 0.47% of its portfolio in Bank of America Corporation (NYSE:BAC). Heritage Investors Mgmt Corporation reported 639,801 shares. Mrj Capital has invested 1.21% in Bank of America Corporation (NYSE:BAC). Factory Mutual Insurance reported 4.05M shares. Three Corner Glob Lp holds 7.51% in Bank of America Corporation (NYSE:BAC) or 1.06M shares. Northeast Invest Mngmt reported 186,817 shares. Guardian Capital Advsrs Limited Partnership invested in 0.08% or 22,163 shares.

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