Murphy Pohlad Asset Management Has Increased Bristol Myers Squibb Co (BMY) Position; Regal Entertainment Group Has 1.84 Sentiment

June 19, 2017 - By Hazel Jackson

Murphy Pohlad Asset Management Llc increased Bristol Myers Squibb Co (BMY) stake by 228.17% reported in 2016Q4 SEC filing. Murphy Pohlad Asset Management Llc acquired 12,020 shares as Bristol Myers Squibb Co (BMY)’s stock declined 1.04%. The Murphy Pohlad Asset Management Llc holds 17,288 shares with $1.01M value, up from 5,268 last quarter. Bristol Myers Squibb Co now has $90.50 billion valuation. The stock rose 0.53% or $0.29 reaching $54.75 per share. About 318,071 shares traded. Bristol-Myers Squibb Co (NYSE:BMY) has declined 23.19% since June 19, 2016 and is downtrending. It has underperformed by 39.89% the S&P500.

Regal Entertainment Group is an operator of theatre circuits in the United States. The company has market cap of $3.44 billion. As of March 31, 2017, the Company operated 7,262 screens in 559 theatres in 43 states along with Guam, Saipan, American Samoa and the District of Columbia. It has a 19.68 P/E ratio. The Firm manages its business under theatre exhibition activities segment.

Among 17 analysts covering Bristol-Myers Squibb Company (NYSE:BMY), 7 have Buy rating, 3 Sell and 7 Hold. Therefore 41% are positive. Bristol-Myers Squibb Company had 37 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, May 23, the company rating was initiated by Hilliard Lyons. The firm has “Buy” rating given on Tuesday, September 20 by Citigroup. On Friday, April 29 the stock rating was maintained by Barclays Capital with “Equal Weight”. The firm has “Hold” rating given on Thursday, August 11 by Berenberg. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, September 9 report. The rating was maintained by Credit Suisse with “Outperform” on Monday, May 9. The rating was maintained by Deutsche Bank with “Hold” on Friday, October 28. Jefferies maintained it with “Hold” rating and $78 target in Tuesday, June 14 report. Berenberg upgraded the stock to “Buy” rating in Friday, January 22 report. The firm earned “Buy” rating on Friday, April 29 by UBS.

Since February 27, 2017, it had 1 insider purchase, and 6 sales for $9.91 million activity. Another trade for 5,000 shares valued at $282,470 was sold by Schmukler Louis S. On Wednesday, March 15 Caldarella Joseph C sold $463,779 worth of Bristol-Myers Squibb Co (NYSE:BMY) or 8,096 shares. Shares for $681,240 were bought by Samuels Theodore R. II. On Monday, March 27 the insider ANDREOTTI LAMBERTO sold $1.91 million. 92,405 shares were sold by LEUNG SANDRA, worth $5.27M.

Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.16, from 1.13 in 2016Q3. It is negative, as 86 investors sold BMY shares while 529 reduced holdings. 126 funds opened positions while 468 raised stakes. 1.14 billion shares or 1.92% more from 1.12 billion shares in 2016Q3 were reported. Fin Advisory Ser holds 9,649 shares. World Invsts stated it has 51.54 million shares. Bonness Enterp invested 2.84% in Bristol-Myers Squibb Co (NYSE:BMY). Interocean Limited Liability Corp, a Illinois-based fund reported 11,028 shares. John G Ullman And Associates owns 137,684 shares. Nippon Life Glob Invsts Americas Inc invested 1.65% of its portfolio in Bristol-Myers Squibb Co (NYSE:BMY). Investment Mgmt Of Virginia Ltd Liability has 28,629 shares. Private Wealth Inc accumulated 3,857 shares. Bessemer Grp reported 3.27 million shares. Bollard Group Inc stated it has 0.66% of its portfolio in Bristol-Myers Squibb Co (NYSE:BMY). Grassi Mngmt invested in 0.87% or 81,806 shares. Moreover, Benchmark Advsr has 4.37% invested in Bristol-Myers Squibb Co (NYSE:BMY). Tcw Group Inc Incorporated holds 0.07% or 148,666 shares in its portfolio. Vantage Advisors Limited Liability Co has 6,411 shares for 0.15% of their portfolio. Rainier Inv Mgmt Limited Liability Corporation reported 48,350 shares.

About 25,638 shares traded. Regal Entertainment Group (RGC) has declined 1.35% since June 19, 2016 and is downtrending. It has underperformed by 18.05% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 2 selling transactions for $1.03 million activity.

Ranger International Management Lp holds 2.92% of its portfolio in Regal Entertainment Group for 43,966 shares. Hamlin Capital Management Llc owns 2.99 million shares or 2.76% of their US portfolio. Moreover, Coe Capital Management Llc has 2.47% invested in the company for 93,030 shares. The New York-based New Mountain Vantage Advisers L.L.C. has invested 2.35% in the stock. Polaris Capital Management Llc, a Massachusetts-based fund reported 1.40 million shares.

Analysts await Regal Entertainment Group (NYSE:RGC) to report earnings on July, 25. They expect $0.33 earnings per share, up 43.48% or $0.10 from last year’s $0.23 per share. RGC’s profit will be $52.92M for 16.25 P/E if the $0.33 EPS becomes a reality. After $0.32 actual earnings per share reported by Regal Entertainment Group for the previous quarter, Wall Street now forecasts 3.13% EPS growth.

Ratings analysis reveals 33% of Regal Entertainment’s analysts are positive. Out of 3 Wall Street analysts rating Regal Entertainment, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $22.0 while the high is $26.0. The stock’s average target of $24 is 11.89% above today’s ($21.45) share price. RGC was included in 3 notes of analysts from August 24, 2016. The rating was maintained by Wedbush with “Outperform” on Friday, April 7. The firm earned “Hold” rating on Wednesday, August 24 by Loop Capital. Credit Suisse downgraded Regal Entertainment Group (NYSE:RGC) on Wednesday, February 1 to “Underperform” rating.

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