As Raymond James Financial (RJF) Share Value Declined, Holder Neuberger Berman Group Decreased Position by $3.71 Million; C M Bidwell & Associates LTD Has Trimmed Its Celgene (CELG) Holding by $5.11 Million

January 18, 2018 - By Kurt Siggers

C M Bidwell & Associates Ltd decreased its stake in Celgene Corp (CELG) by 93.29% based on its latest 2017Q3 regulatory filing with the SEC. C M Bidwell & Associates Ltd sold 35,225 shares as the company’s stock declined 3.49% while stock markets rallied. The institutional investor held 2,535 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $370,000, down from 37,760 at the end of the previous reported quarter. C M Bidwell & Associates Ltd who had been investing in Celgene Corp for a number of months, seems to be less bullish one the $80.32B market cap company. The stock decreased 2.67% or $2.8 during the last trading session, reaching $102.02. About 11.87M shares traded or 40.17% up from the average. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since January 18, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Neuberger Berman Group Llc decreased its stake in Raymond James Financial Inc (RJF) by 12.56% based on its latest 2017Q3 regulatory filing with the SEC. Neuberger Berman Group Llc sold 44,182 shares as the company’s stock declined 7.42% while stock markets rallied. The institutional investor held 307,643 shares of the finance company at the end of 2017Q3, valued at $25.94M, down from 351,825 at the end of the previous reported quarter. Neuberger Berman Group Llc who had been investing in Raymond James Financial Inc for a number of months, seems to be less bullish one the $13.44 billion market cap company. The stock increased 0.68% or $0.65 during the last trading session, reaching $96.25. About 715,828 shares traded. Raymond James Financial, Inc. (NYSE:RJF) has risen 41.57% since January 18, 2017 and is uptrending. It has outperformed by 24.87% the S&P500.

Among 12 analysts covering Raymond James Financial Inc. (NYSE:RJF), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Raymond James Financial Inc. had 35 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Raymond James Financial, Inc. (NYSE:RJF) earned “Buy” rating by Citigroup on Monday, October 26. Keefe Bruyette & Woods maintained it with “Hold” rating and $85.0 target in Sunday, August 27 report. As per Thursday, May 25, the company rating was maintained by Wood. As per Tuesday, January 12, the company rating was downgraded by Citigroup. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, October 5. The stock of Raymond James Financial, Inc. (NYSE:RJF) earned “Neutral” rating by Nomura on Monday, January 25. The stock of Raymond James Financial, Inc. (NYSE:RJF) earned “Buy” rating by Buckingham Research on Friday, October 27. The firm earned “Neutral” rating on Monday, November 13 by Citigroup. On Friday, October 28 the stock rating was downgraded by JMP Securities to “Mkt Perform”. The firm has “Neutral” rating given on Monday, July 11 by Nomura.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.21, from 1.24 in 2017Q2. It dived, as 32 investors sold RJF shares while 143 reduced holdings. 56 funds opened positions while 125 raised stakes. 97.11 million shares or 0.18% less from 97.29 million shares in 2017Q2 were reported. Brinker Capital Incorporated reported 6,753 shares. Blackrock stated it has 0.03% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Aqr Capital Management Ltd, Connecticut-based fund reported 1.25 million shares. Highbridge Management Ltd Co holds 9,994 shares. 300,000 were accumulated by Iat Reinsurance Limited. Robeco Institutional Asset Bv invested in 118,065 shares. 37,910 were accumulated by Sentinel Asset Inc. Arrowstreet LP holds 0.02% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF) for 83,800 shares. Guinness Asset Mngmt Ltd invested in 3,730 shares or 0.07% of the stock. Nationwide Fund Advisors has 0.17% invested in Raymond James Financial, Inc. (NYSE:RJF) for 527,619 shares. Glg Lc owns 5,676 shares. New York-based Guardian Life Insurance Com Of America has invested 0% in Raymond James Financial, Inc. (NYSE:RJF). Macquarie Gru Inc invested 0.04% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Peoples Service Corp holds 0% or 80 shares. Credit Suisse Ag has 0.01% invested in Raymond James Financial, Inc. (NYSE:RJF).

Since August 8, 2017, it had 0 insider buys, and 4 selling transactions for $5.34 million activity. 33,000 Raymond James Financial, Inc. (NYSE:RJF) shares with value of $2.74 million were sold by REILLY PAUL C. 506 shares were sold by Catanese George, worth $44,675 on Friday, December 15.

Analysts await Raymond James Financial, Inc. (NYSE:RJF) to report earnings on January, 24. They expect $1.43 earnings per share, up 33.64% or $0.36 from last year’s $1.07 per share. RJF’s profit will be $199.71M for 16.83 P/E if the $1.43 EPS becomes a reality. After $1.47 actual earnings per share reported by Raymond James Financial, Inc. for the previous quarter, Wall Street now forecasts -2.72% negative EPS growth.

Neuberger Berman Group Llc, which manages about $79.94B US Long portfolio, upped its stake in Ryman Hospitality Pptys Inc (NYSE:RHP) by 5,951 shares to 164,065 shares, valued at $10.25 million in 2017Q3, according to the filing. It also increased its holding in Sap Aktiengesellschaft (NYSE:SAP) by 33,768 shares in the quarter, for a total of 1.35 million shares, and has risen its stake in Ishares Trust Iboxx $ Investop (LQD).

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. Celgene Corporation had 124 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Celgene Corporation (NASDAQ:CELG) has “Outperform” rating given on Friday, October 27 by BMO Capital Markets. The company was maintained on Monday, August 28 by Cantor Fitzgerald. The firm has “Buy” rating by Canaccord Genuity given on Thursday, July 27. Stifel Nicolaus maintained it with “Buy” rating and $155.0 target in Thursday, September 7 report. The stock has “Buy” rating by Cantor Fitzgerald on Friday, July 24. On Thursday, January 7 the stock rating was initiated by SunTrust with “Buy”. The firm earned “Buy” rating on Thursday, January 7 by Suntrust Robinson. The stock has “Buy” rating by Cowen & Co on Thursday, October 26. The stock of Celgene Corporation (NASDAQ:CELG) has “Neutral” rating given on Monday, October 23 by PiperJaffray. Morgan Stanley maintained Celgene Corporation (NASDAQ:CELG) rating on Monday, October 23. Morgan Stanley has “Underweight” rating and $115 target.

Analysts await Celgene Corporation (NASDAQ:CELG) to report earnings on January, 25. They expect $1.75 EPS, up 24.11% or $0.34 from last year’s $1.41 per share. CELG’s profit will be $1.38B for 14.57 P/E if the $1.75 EPS becomes a reality. After $1.78 actual EPS reported by Celgene Corporation for the previous quarter, Wall Street now forecasts -1.69% negative EPS growth.

Since August 2, 2017, it had 0 buys, and 5 selling transactions for $6.27 million activity. The insider KAPLAN GILLA sold $1.31 million. CASEY MICHAEL D sold 9,250 shares worth $1.29M. The insider MARIO ERNEST sold $2.42 million.

C M Bidwell & Associates Ltd, which manages about $447.15M and $65.08 million US Long portfolio, upped its stake in Adobe Systems (NASDAQ:ADBE) by 2,230 shares to 3,460 shares, valued at $516,000 in 2017Q3, according to the filing. It also increased its holding in Lincoln National C (NYSE:LNC) by 5,095 shares in the quarter, for a total of 5,152 shares, and has risen its stake in Textron Inc (NYSE:TXT).

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