As Bristol Myers Squibb Co (BMY) Market Value Rose, Sabby Management Has Decreased by $3.12 Million Its Stake; Three Corner Global Investors LP Has Upped Raymond James Financial (RJF) Stake by $11.45 Million; Shares Declined

April 24, 2018 - By Clifton Ray

Bristol-Myers Squibb Company (NYSE:BMY) Logo

Hal Mintz decreased its stake in Bristol Myers Squibb Co (BMY) by 5.2% based on its latest 2017Q4 regulatory filing with the SEC. Sabby Management Llc sold 51,148 shares as the company’s stock rose 2.38% while stock markets declined. The hedge fund run by Hal Mintz held 931,807 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $57.10 million, down from 982,955 at the end of the previous reported quarter. Sabby Management Llc who had been investing in Bristol Myers Squibb Co for a number of months, seems to be less bullish one the $83.73 billion market cap company. The stock increased 0.61% or $0.31 during the last trading session, reaching $51.21. About 8.06M shares traded. Bristol-Myers Squibb Company (NYSE:BMY) has risen 11.37% since April 24, 2017 and is uptrending. It has underperformed by 0.18% the S&P500.

Three Corner Global Investors Lp increased its stake in Raymond James Financial Inc (RJF) by 88.75% based on its latest 2017Q4 regulatory filing with the SEC. Three Corner Global Investors Lp bought 128,600 shares as the company’s stock declined 3.30% with the market. The hedge fund held 273,500 shares of the finance company at the end of 2017Q4, valued at $24.42 million, up from 144,900 at the end of the previous reported quarter. Three Corner Global Investors Lp who had been investing in Raymond James Financial Inc for a number of months, seems to be bullish on the $12.16B market cap company. The stock decreased 1.52% or $1.33 during the last trading session, reaching $86.29. About 284,683 shares traded. Raymond James Financial, Inc. (NYSE:RJF) has risen 18.83% since April 24, 2017 and is uptrending. It has outperformed by 7.28% the S&P500.

Since December 11, 2017, it had 0 insider buys, and 8 sales for $6.66 million activity. 506 shares were sold by Catanese George, worth $44,675 on Friday, December 15. ZANK DENNIS W sold $1.97M worth of Raymond James Financial, Inc. (NYSE:RJF) on Friday, March 9. 3,000 shares were sold by Bunn James E, worth $288,930. REILLY PAUL C also sold $1.11 million worth of Raymond James Financial, Inc. (NYSE:RJF) shares. 16,184 shares valued at $1.44 million were sold by TROCIN JEFFREY E on Monday, December 11. 7,275 shares valued at $708,327 were sold by Elwyn Tashtego S on Monday, January 29.

Three Corner Global Investors Lp, which manages about $256.69 million and $350.35 million US Long portfolio, decreased its stake in Luxoft Hldg Inc (NYSE:LXFT) by 354,300 shares to 155,800 shares, valued at $8.68M in 2017Q4, according to the filing. It also reduced its holding in Lamb Weston Hldgs Inc by 39,700 shares in the quarter, leaving it with 394,200 shares, and cut its stake in Daseke Inc.

Among 13 analysts covering Raymond James Financial Inc. (NYSE:RJF), 8 have Buy rating, 1 Sell and 4 Hold. Therefore 62% are positive. Raymond James Financial Inc. had 41 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Monday, November 13 by Citigroup. Keefe Bruyette & Woods upgraded the shares of RJF in report on Monday, February 26 to “Buy” rating. Wood upgraded Raymond James Financial, Inc. (NYSE:RJF) on Tuesday, February 27 to “Outperform” rating. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. Citigroup downgraded the shares of RJF in report on Tuesday, January 12 to “Neutral” rating. Nomura upgraded the stock to “Buy” rating in Thursday, January 5 report. Wood maintained Raymond James Financial, Inc. (NYSE:RJF) rating on Thursday, May 25. Wood has “Hold” rating and $85 target. Nomura maintained Raymond James Financial, Inc. (NYSE:RJF) on Thursday, July 13 with “Buy” rating. The firm has “Buy” rating by Buckingham Research given on Friday, January 26. Citigroup upgraded the stock to “Buy” rating in Monday, October 26 report.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.18, from 1.03 in 2017Q3. It increased, as 29 investors sold RJF shares while 139 reduced holdings. 60 funds opened positions while 143 raised stakes. 97.95 million shares or 0.86% more from 97.11 million shares in 2017Q3 were reported. Natixis has invested 0.01% in Raymond James Financial, Inc. (NYSE:RJF). Kentucky Retirement stated it has 7,925 shares or 0.05% of all its holdings. Moreover, Neuberger Berman Lc has 0.03% invested in Raymond James Financial, Inc. (NYSE:RJF) for 307,075 shares. Arrowstreet Cap Ltd Partnership reported 0.06% stake. Morgan Stanley has 0.01% invested in Raymond James Financial, Inc. (NYSE:RJF) for 276,285 shares. Novare Capital Mngmt Ltd Company has invested 0.1% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Great Lakes Ltd Liability owns 6,379 shares or 0.01% of their US portfolio. 5,676 are owned by Glg Ltd. 28,800 were reported by Hbk Invs Ltd Partnership. First Advsrs Limited Partnership holds 0.06% or 262,214 shares in its portfolio. Korea Inv Corp reported 60,113 shares. Alliancebernstein LP has invested 0.01% in Raymond James Financial, Inc. (NYSE:RJF). Teacher Retirement System Of Texas owns 84,541 shares for 0.05% of their portfolio. Peoples Financial Ser Corporation accumulated 80 shares or 0% of the stock. D E Shaw Co, New York-based fund reported 94,083 shares.

Since December 12, 2017, it had 1 insider purchase, and 1 sale for $85,985 activity. $335,172 worth of Bristol-Myers Squibb Company (NYSE:BMY) shares were sold by Lynch Thomas J. Jr..

Sabby Management Llc, which manages about $835.79 million and $1.08B US Long portfolio, upped its stake in Sangamo Therapeutics Inc (Put) by 2,155 shares to 2,730 shares, valued at $4.48 million in 2017Q4, according to the filing. It also increased its holding in Sangamo Therapeutics Inc (Call) by 2,056 shares in the quarter, for a total of 6,040 shares, and has risen its stake in Tesaro Inc (NASDAQ:TSRO).

Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.09, from 1.03 in 2017Q3. It dropped, as 72 investors sold BMY shares while 526 reduced holdings. 106 funds opened positions while 457 raised stakes. 1.11 billion shares or 0.48% more from 1.11 billion shares in 2017Q3 were reported. Bowen Hanes And Incorporated stated it has 0.03% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY). Moreover, Perritt Capital has 0.1% invested in Bristol-Myers Squibb Company (NYSE:BMY). Fiera Cap reported 0% stake. Amalgamated Bancorporation has invested 0.35% in Bristol-Myers Squibb Company (NYSE:BMY). Bank & Trust Of Hawaii stated it has 0.15% in Bristol-Myers Squibb Company (NYSE:BMY). Arrowstreet Cap Lp stated it has 6.49M shares or 0.96% of all its holdings. 367,362 were accumulated by Dnb Asset Mgmt As. Nippon Life Glob Investors Americas Inc stated it has 1.58% in Bristol-Myers Squibb Company (NYSE:BMY). Rhumbline Advisers invested in 0.33% or 2.69M shares. Spectrum Mgmt Gp has 170 shares. Invesco Limited reported 0.33% in Bristol-Myers Squibb Company (NYSE:BMY). 24,195 are owned by Philadelphia. Linscomb And Williams Inc stated it has 4,756 shares. State Of New Jersey Common Pension Fund D holds 0.42% in Bristol-Myers Squibb Company (NYSE:BMY) or 1.80M shares. Next has invested 0.5% in Bristol-Myers Squibb Company (NYSE:BMY).

Raymond James Financial, Inc. (NYSE:RJF) Institutional Positions Chart

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