Wesbanco Bank Has Lowered National Retail Properties (NNN) Position; Cormorant Asset Management Has Raised Its Omeros (OMER) Holding

January 16, 2018 - By wolcottdaily

Wesbanco Bank Inc decreased National Retail Properties Inc (NNN) stake by 13.25% reported in 2017Q3 SEC filing. Wesbanco Bank Inc sold 12,175 shares as National Retail Properties Inc (NNN)’s stock declined 15.61%. The Wesbanco Bank Inc holds 79,719 shares with $3.32 million value, down from 91,894 last quarter. National Retail Properties Inc now has $6.12B valuation. The stock increased 0.69% or $0.2752 during the last trading session, reaching $40.2252. About 30,946 shares traded. National Retail Properties, Inc. (NYSE:NNN) has declined 14.81% since January 16, 2017 and is downtrending. It has underperformed by 31.51% the S&P500.

Cormorant Asset Management Llc increased Omeros Corp (OMER) stake by 30.77% reported in 2017Q3 SEC filing. Cormorant Asset Management Llc acquired 400,000 shares as Omeros Corp (OMER)’s stock rose 45.83%. The Cormorant Asset Management Llc holds 1.70 million shares with $36.75M value, up from 1.30M last quarter. Omeros Corp now has $951.44M valuation. The stock increased 1.12% or $0.22 during the last trading session, reaching $19.82. About 35,725 shares traded. Omeros Corporation (NASDAQ:OMER) has risen 42.59% since January 16, 2017 and is uptrending. It has outperformed by 25.89% the S&P500.

Analysts await National Retail Properties, Inc. (NYSE:NNN) to report earnings on February, 12. They expect $0.64 earnings per share, up 3.23% or $0.02 from last year’s $0.62 per share. NNN’s profit will be $97.31 million for 15.71 P/E if the $0.64 EPS becomes a reality. After $0.65 actual earnings per share reported by National Retail Properties, Inc. for the previous quarter, Wall Street now forecasts -1.54% negative EPS growth.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.41, from 1.47 in 2017Q2. It turned negative, as 33 investors sold NNN shares while 91 reduced holdings. 38 funds opened positions while 93 raised stakes. 135.26 million shares or 2.45% more from 132.03 million shares in 2017Q2 were reported. Johnson Inv Counsel Inc holds 0.03% of its portfolio in National Retail Properties, Inc. (NYSE:NNN) for 24,151 shares. Savings Bank Of Ny Mellon Corp reported 1.88M shares stake. Citadel Advisors Limited Liability Company holds 0% of its portfolio in National Retail Properties, Inc. (NYSE:NNN) for 89,043 shares. M&T Savings Bank has 9,321 shares. State Street Corporation holds 0.05% of its portfolio in National Retail Properties, Inc. (NYSE:NNN) for 14.34 million shares. Lasalle Investment Mgmt Secs Limited Liability Company, a Maryland-based fund reported 3.03 million shares. Wells Fargo And Mn holds 0.03% or 2.14 million shares in its portfolio. Cubist Systematic Strategies Lc accumulated 45,323 shares. Systematic Financial Mgmt Ltd Partnership holds 0.13% or 157,786 shares in its portfolio. Ellington Mngmt Group Inc Ltd Liability Corporation stated it has 11,700 shares. Cibc Asset Management Incorporated reported 5,662 shares. Ameriprise Financial invested 0.01% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Citigroup owns 293,040 shares for 0.01% of their portfolio. Bahl Gaynor Incorporated invested 0% in National Retail Properties, Inc. (NYSE:NNN). State Of Alaska Department Of Revenue reported 79,700 shares stake.

Wesbanco Bank Inc increased Cypress Semiconductor Corp (NASDAQ:CY) stake by 26,600 shares to 254,592 valued at $3.82 million in 2017Q3. It also upped Lockheed Martin (NYSE:LMT) stake by 9,206 shares and now owns 18,306 shares. Borgwarner Inc. (NYSE:BWA) was raised too.

Since August 4, 2017, it had 0 insider purchases, and 5 selling transactions for $2.13 million activity. 17,413 shares were sold by WHITEHURST JULIAN E, worth $721,966 on Thursday, August 24. Another trade for 10,000 shares valued at $411,100 was made by Horn Stephen A JR on Thursday, August 17. $80,560 worth of stock was sold by Miller Michelle Lynn on Friday, August 4. HABICHT KEVIN B had sold 20,664 shares worth $880,286.

Among 13 analysts covering National Retail Properties (NYSE:NNN), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. National Retail Properties had 25 analyst reports since July 23, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $54 target in Monday, July 11 report. The firm has “Neutral” rating given on Thursday, November 9 by UBS. On Monday, December 5 the stock rating was downgraded by Bank of America to “Neutral”. Stifel Nicolaus maintained National Retail Properties, Inc. (NYSE:NNN) on Friday, January 29 with “Buy” rating. The stock of National Retail Properties, Inc. (NYSE:NNN) earned “Equal-Weight” rating by Morgan Stanley on Monday, May 16. FBR Capital initiated National Retail Properties, Inc. (NYSE:NNN) on Wednesday, October 12 with “Outperform” rating. As per Wednesday, December 30, the company rating was maintained by Stifel Nicolaus. The stock has “Hold” rating by BB&T Capital on Friday, November 13. The firm has “Buy” rating given on Thursday, November 2 by Ladenburg. As per Friday, February 12, the company rating was maintained by FBR Capital.

Since January 3, 2018, it had 0 buys, and 2 insider sales for $1.36 million activity. JACOBSEN MICHAEL A had sold 1,020 shares worth $22,899 on Wednesday, January 3. $1.34 million worth of Omeros Corporation (NASDAQ:OMER) was sold by Kelbon Marcia S. on Wednesday, January 3.

Investors sentiment increased to 2.86 in 2017 Q3. Its up 1.59, from 1.27 in 2017Q2. It increased, as 10 investors sold OMER shares while 11 reduced holdings. 22 funds opened positions while 38 raised stakes. 22.04 million shares or 15.32% more from 19.11 million shares in 2017Q2 were reported. Metropolitan Life Insur Ny invested in 0% or 27,948 shares. Citigroup Inc holds 40,576 shares or 0% of its portfolio. Alliancebernstein LP reported 61,500 shares or 0% of all its holdings. First Interstate Fincl Bank invested in 5,000 shares. Rhumbline Advisers holds 0% or 47,412 shares. Moreover, California State Teachers Retirement System has 0% invested in Omeros Corporation (NASDAQ:OMER) for 71,201 shares. Quantitative Inv Mngmt Lc reported 0.02% of its portfolio in Omeros Corporation (NASDAQ:OMER). Tocqueville Asset Management Limited Partnership reported 0.12% in Omeros Corporation (NASDAQ:OMER). Washington Trust Bank owns 0.02% invested in Omeros Corporation (NASDAQ:OMER) for 5,143 shares. Adage Ptnrs Gp Ltd Limited Liability Company invested in 150,000 shares. Tower Cap Llc (Trc) accumulated 4,645 shares or 0.01% of the stock. Financial Bank Of Montreal Can holds 45,563 shares. Morgan Stanley stated it has 93,762 shares or 0% of all its holdings. Stifel Fincl Corp stated it has 0.03% in Omeros Corporation (NASDAQ:OMER). The Iowa-based Cambridge Inv Advsr Inc has invested 0% in Omeros Corporation (NASDAQ:OMER).

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