Iridian Asset Management Raised Medicines Co/The (MDCO) Position By $24.89 Million; Encore Capita; Group (ECPG) Shorts Decreased By 5.46%

December 8, 2017 - By Marguerite Chambers

Iridian Asset Management Llc increased Medicines Co/The (MDCO) stake by 21.67% reported in 2017Q2 SEC filing. Iridian Asset Management Llc acquired 655,065 shares as Medicines Co/The (MDCO)’s stock declined 20.30%. The Iridian Asset Management Llc holds 3.68M shares with $139.79 million value, up from 3.02 million last quarter. Medicines Co/The now has $1.90 billion valuation. The stock decreased 0.68% or $0.18 during the last trading session, reaching $26.35. About 1.47 million shares traded or 17.40% up from the average. The Medicines Company (NASDAQ:MDCO) has risen 16.70% since December 8, 2016 and is uptrending. It has by 0.00% the S&P500.

Encore Capita; Group Incorporated (NASDAQ:ECPG) had a decrease of 5.46% in short interest. ECPG’s SI was 3.61 million shares in December as released by FINRA. Its down 5.46% from 3.82M shares previously. With 297,400 avg volume, 12 days are for Encore Capita; Group Incorporated (NASDAQ:ECPG)’s short sellers to cover ECPG’s short positions. The SI to Encore Capita; Group Incorporated’s float is 15.41%. The stock increased 1.01% or $0.45 during the last trading session, reaching $45.05. About 187,045 shares traded. Encore Capital Group, Inc. (NASDAQ:ECPG) has risen 51.28% since December 8, 2016 and is uptrending. It has outperformed by 34.58% the S&P500.

Among 9 analysts covering Encore Capital Group Inc (NASDAQ:ECPG), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Encore Capital Group Inc has $57.0 highest and $35 lowest target. $48.29’s average target is 7.19% above currents $45.05 stock price. Encore Capital Group Inc had 13 analyst reports since August 11, 2015 according to SRatingsIntel. Macquarie Research maintained the shares of ECPG in report on Tuesday, August 11 with “Outperform” rating. The stock of Encore Capital Group, Inc. (NASDAQ:ECPG) has “Neutral” rating given on Tuesday, September 20 by Citigroup. The firm has “Hold” rating given on Friday, August 4 by Northland Capital. The firm has “Buy” rating given on Thursday, November 12 by Suntrust Robinson. On Thursday, October 8 the stock rating was upgraded by Citigroup to “Buy”. Northland Capital maintained Encore Capital Group, Inc. (NASDAQ:ECPG) rating on Friday, November 3. Northland Capital has “Hold” rating and $49.0 target. The stock has “Outperform” rating by Northland Capital on Tuesday, March 22. Keefe Bruyette & Woods maintained Encore Capital Group, Inc. (NASDAQ:ECPG) on Thursday, July 20 with “Buy” rating. The firm has “Mkt Perform” rating given on Tuesday, December 13 by Raymond James. SunTrust maintained the shares of ECPG in report on Thursday, November 2 with “Buy” rating.

Investors sentiment increased to 1.17 in Q2 2017. Its up 0.11, from 1.06 in 2017Q1. It increased, as 14 investors sold Encore Capital Group, Inc. shares while 34 reduced holdings. 15 funds opened positions while 41 raised stakes. 25.82 million shares or 2.06% more from 25.30 million shares in 2017Q1 were reported. Pub Employees Retirement Association Of Colorado holds 0% of its portfolio in Encore Capital Group, Inc. (NASDAQ:ECPG) for 8,716 shares. Principal Finance Group holds 185,181 shares or 0.01% of its portfolio. Mackenzie Financial Corporation reported 6,794 shares or 0% of all its holdings. 25,500 were accumulated by State Common Retirement Fund. Red Mountain Prns Limited Liability Corp has 1.39M shares. State Of Tennessee Treasury Department invested in 0% or 22,435 shares. Public Sector Pension Board stated it has 0% in Encore Capital Group, Inc. (NASDAQ:ECPG). 209,936 are owned by Citigroup. Bank & Trust Of Montreal Can holds 949 shares. Massmutual Tru Fsb Adv owns 0% invested in Encore Capital Group, Inc. (NASDAQ:ECPG) for 7 shares. Arizona State Retirement Sys holds 12,357 shares. Federated Invsts Inc Pa reported 18,306 shares stake. First Trust Lp accumulated 83,445 shares or 0.01% of the stock. Geode Capital Management Limited Liability Corporation reported 203,575 shares. Riverhead Mgmt Limited Liability Co owns 2,231 shares for 0% of their portfolio.

Encore Capital Group, Inc., a specialty finance company, together with its subsidiaries, provides debt recovery solutions for clients across a range of financial assets worldwide. The company has market cap of $1.16 billion. The firm purchases portfolios of defaulted consumer receivables at deep discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It has a 12.68 P/E ratio. It is also involved in the debt management of portfolios consisting of higher balance and semi-performing accounts; and the management of non-performing loans.

Among 10 analysts covering The Medicines Co (NASDAQ:MDCO), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. The Medicines Co had 32 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Buy” on Tuesday, August 29. The company was initiated on Monday, December 5 by H.C. Wainwright. The stock of The Medicines Company (NASDAQ:MDCO) earned “Hold” rating by Jefferies on Friday, August 28. As per Monday, August 31, the company rating was maintained by Oppenheimer. The firm has “Outperform” rating by RBC Capital Markets given on Monday, August 31. The firm has “Buy” rating given on Tuesday, September 12 by Jefferies. Oppenheimer maintained The Medicines Company (NASDAQ:MDCO) on Wednesday, July 12 with “Hold” rating. Leerink Swann maintained the shares of MDCO in report on Monday, August 31 with “Buy” rating. The stock of The Medicines Company (NASDAQ:MDCO) earned “Outperform” rating by RBC Capital Markets on Tuesday, November 8. The firm earned “Buy” rating on Wednesday, November 4 by Chardan Capital Markets.

Iridian Asset Management Llc decreased Tyson Foods Inc (NYSE:TSN) stake by 459,865 shares to 2.94M valued at $184.11M in 2017Q2. It also reduced Pinnacle Foods Inc (NYSE:PF) stake by 1.51M shares and now owns 1.90M shares. S&P Global Inc was reduced too.

Investors sentiment decreased to 1.22 in Q2 2017. Its down 0.19, from 1.41 in 2017Q1. It dropped, as 34 investors sold MDCO shares while 51 reduced holdings. 29 funds opened positions while 75 raised stakes. 86.33 million shares or 0.70% less from 86.94 million shares in 2017Q1 were reported. 6,058 were reported by Ameritas Inv Inc. 838,147 were reported by National Bank Of Ny Mellon Corporation. Northern Trust accumulated 912,150 shares. Northwestern Mutual Wealth has 48 shares for 0% of their portfolio. Comerica Bank holds 0.02% or 75,926 shares. Utd Service Automobile Association has 0.01% invested in The Medicines Company (NASDAQ:MDCO) for 68,595 shares. Bb&T Secs Lc holds 0.02% or 29,176 shares in its portfolio. Arizona State Retirement Sys reported 0.02% of its portfolio in The Medicines Company (NASDAQ:MDCO). Frontier Capital Management Limited Liability Corporation holds 0.2% or 709,229 shares. Antipodean Advsrs Limited Com accumulated 574,434 shares. Shelton Cap Mgmt accumulated 7,091 shares. Pnc Financial Services Group has invested 0% in The Medicines Company (NASDAQ:MDCO). Hall Laurie J Trustee invested in 0% or 790 shares. Goldman Sachs Group Incorporated reported 2.15 million shares. Nationwide Fund Advisors reported 0.01% in The Medicines Company (NASDAQ:MDCO).

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