Zwj Investment Counsel Has Cut Its Gilead Sciences (GILD) Stake; Rare Infrastructure LTD Has Upped Enbridge (ENB) Holding By $112.24 Million

June 19, 2017 - By Marguerite Chambers

Rare Infrastructure Ltd increased Enbridge Inc (ENB) stake by 118.19% reported in 2016Q4 SEC filing. Rare Infrastructure Ltd acquired 2.67 million shares as Enbridge Inc (ENB)’s stock declined 5.78%. The Rare Infrastructure Ltd holds 4.93M shares with $207.80M value, up from 2.26M last quarter. Enbridge Inc now has $65.46B valuation. The stock rose 0.03% or $0.01 reaching $38.9 per share. About 338,589 shares traded. Enbridge Inc (USA) (NYSE:ENB) has declined 0.40% since June 19, 2016 and is downtrending. It has underperformed by 17.10% the S&P500.

Zwj Investment Counsel Inc decreased Gilead Sciences Inc (GILD) stake by 7.95% reported in 2016Q4 SEC filing. Zwj Investment Counsel Inc sold 18,731 shares as Gilead Sciences Inc (GILD)’s stock declined 8.05%. The Zwj Investment Counsel Inc holds 216,991 shares with $15.54 million value, down from 235,722 last quarter. Gilead Sciences Inc now has $83.64 billion valuation. The stock rose 0.90% or $0.57 reaching $64.69. About 984,850 shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since June 19, 2016 and is downtrending. It has underperformed by 38.50% the S&P500.

Among 27 analysts covering Gilead Sciences (NASDAQ:GILD), 18 have Buy rating, 0 Sell and 9 Hold. Therefore 67% are positive. Gilead Sciences had 65 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, September 9 by Jefferies. The firm earned “Outperform” rating on Wednesday, July 29 by Oppenheimer. Vetr upgraded the shares of GILD in report on Monday, August 17 to “Buy” rating. Atlantic Securities initiated Gilead Sciences, Inc. (NASDAQ:GILD) rating on Friday, December 18. Atlantic Securities has “Neutral” rating and $111 target. The firm earned “Neutral” rating on Friday, January 15 by Bank of America. The stock of Gilead Sciences, Inc. (NASDAQ:GILD) has “Buy” rating given on Friday, April 29 by Citigroup. The firm has “Buy” rating by Standpoint Research given on Wednesday, February 3. The company was initiated on Wednesday, January 20 by Credit Suisse. As per Wednesday, February 3, the company rating was maintained by RBC Capital Markets. The firm has “Outperform” rating given on Monday, October 3 by RBC Capital Markets.

Investors sentiment decreased to 0.7 in 2016 Q4. Its down 0.23, from 0.93 in 2016Q3. It turned negative, as 106 investors sold GILD shares while 656 reduced holdings. 111 funds opened positions while 421 raised stakes. 950.84 million shares or 0.69% more from 944.29 million shares in 2016Q3 were reported. Moreover, Highstreet Asset has 0.26% invested in Gilead Sciences, Inc. (NASDAQ:GILD). Zacks Investment Mgmt owns 71,004 shares. Quadrant Cap Mgmt Ltd Liability holds 1.42% in Gilead Sciences, Inc. (NASDAQ:GILD) or 23,085 shares. 1.61 million were reported by State Of Wisconsin Board. 17,887 are owned by Lingohr Partner Asset Gmbh. Meritage Port has 11,523 shares for 0.09% of their portfolio. Emerald Advisers Pa holds 0.01% or 4,715 shares. Bennicas & Assocs has 22,700 shares for 1.47% of their portfolio. Montecito Bancshares has 0.15% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 6,115 shares. New York Life Co accumulated 2,655 shares or 0.9% of the stock. New York-based Citigroup Inc has invested 0.13% in Gilead Sciences, Inc. (NASDAQ:GILD). Acadian Asset Management Lc has invested 0% in Gilead Sciences, Inc. (NASDAQ:GILD). Bowling Portfolio Mgmt Limited Liability Corporation has 24,370 shares for 0.26% of their portfolio. Redwood Ltd Liability holds 0% or 10 shares. Winfield Assocs has 0.05% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 1,080 shares.

Zwj Investment Counsel Inc increased Anthem Inc (NYSE:ANTM) stake by 21,850 shares to 98,698 valued at $14.19M in 2016Q4. It also upped Home Depot (NYSE:HD) stake by 4,548 shares and now owns 29,091 shares. Oracle Systems Corp (NYSE:ORCL) was raised too.

Since January 3, 2017, it had 0 insider purchases, and 11 insider sales for $33.68 million activity. Shares for $5.32M were sold by MARTIN JOHN C. On Monday, May 1 the insider Alton Gregg H sold $341,529. Another trade for 20,365 shares valued at $1.41M was made by WILSON GAYLE E on Thursday, February 23. Cogan John Francis had sold 9,943 shares worth $668,667.

Analysts await Gilead Sciences, Inc. (NASDAQ:GILD) to report earnings on July, 24. They expect $2.13 earnings per share, down 29.70% or $0.90 from last year’s $3.03 per share. GILD’s profit will be $2.75 billion for 7.59 P/E if the $2.13 EPS becomes a reality. After $2.20 actual earnings per share reported by Gilead Sciences, Inc. for the previous quarter, Wall Street now forecasts -3.18% negative EPS growth.

Rare Infrastructure Ltd decreased Ameren Corp (NYSE:AEE) stake by 1.22M shares to 880,606 valued at $46.20 million in 2016Q4. It also reduced Sempra Energy (NYSE:SRE) stake by 370,101 shares and now owns 2.56 million shares. Csx Corp (NYSE:CSX) was reduced too.

Among 14 analysts covering Enbridge Inc. (NYSE:ENB), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Enbridge Inc. had 18 analyst reports since August 4, 2015 according to SRatingsIntel. National Bank Canada downgraded Enbridge Inc (USA) (NYSE:ENB) on Monday, July 18 to “Sector Perform” rating. The firm has “Neutral” rating given on Thursday, September 1 by Bank of America. The stock of Enbridge Inc (USA) (NYSE:ENB) earned “Market Perform” rating by Wells Fargo on Monday, April 3. As per Tuesday, December 15, the company rating was initiated by JP Morgan. On Wednesday, March 2 the stock rating was reinitiated by BMO Capital Markets with “Outperform”. The rating was downgraded by Goldman Sachs to “Neutral” on Wednesday, July 20. The rating was downgraded by Credit Suisse on Thursday, February 4 to “Neutral”. The firm earned “Outperform” rating on Friday, October 23 by BMO Capital Markets. The stock of Enbridge Inc (USA) (NYSE:ENB) has “Outperform” rating given on Friday, October 9 by RBC Capital Markets. The stock of Enbridge Inc (USA) (NYSE:ENB) earned “Market Perform” rating by Wolfe Research on Monday, May 15.

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 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: