First United Bank Trust Has Lowered General Elec Co Com (GE) Holding as Stock Price Declined; Repligen Corp. (RGEN) Stock Rose While Falcon Point Capital Lowered Stake

February 22, 2018 - By Richard Conner

Falcon Point Capital Llc decreased its stake in Repligen Corp. (RGEN) by 40.41% based on its latest 2017Q3 regulatory filing with the SEC. Falcon Point Capital Llc sold 16,232 shares as the company’s stock rose 23.50% with the market. The institutional investor held 23,932 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $890,000, down from 40,164 at the end of the previous reported quarter. Falcon Point Capital Llc who had been investing in Repligen Corp. for a number of months, seems to be less bullish one the $1.54B market cap company. The stock increased 8.83% or $2.86 during the last trading session, reaching $35.26. About 474,197 shares traded or 76.58% up from the average. Repligen Corporation (NASDAQ:RGEN) has risen 59.96% since February 22, 2017 and is uptrending. It has outperformed by 43.26% the S&P500.

First United Bank Trust decreased its stake in General Elec Co Com (GE) by 85.11% based on its latest 2017Q3 regulatory filing with the SEC. First United Bank Trust sold 50,524 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 8,836 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $214,000, down from 59,360 at the end of the previous reported quarter. First United Bank Trust who had been investing in General Elec Co Com for a number of months, seems to be less bullish one the $127.00B market cap company. The stock increased 1.07% or $0.16 during the last trading session, reaching $14.65. About 66.11 million shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 22, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Falcon Point Capital Llc, which manages about $364.50 million and $688.67M US Long portfolio, upped its stake in Deluxe Corp (NYSE:DLX) by 35,062 shares to 260,678 shares, valued at $18.16 million in 2017Q3, according to the filing. It also increased its holding in Travelcenters Of America Llc (NYSE:TA) by 123,196 shares in the quarter, for a total of 340,832 shares, and has risen its stake in Wageworks Inc. (NYSE:WAGE).

Since December 14, 2017, it had 0 insider purchases, and 2 sales for $772,280 activity. On Monday, January 22 the insider Hunt Anthony sold $322,445.

Investors sentiment decreased to 1.31 in Q3 2017. Its down 0.75, from 2.06 in 2017Q2. It worsened, as 26 investors sold RGEN shares while 48 reduced holdings. 29 funds opened positions while 68 raised stakes. 34.48 million shares or 3.95% more from 33.17 million shares in 2017Q2 were reported. Blair William & Il owns 94,241 shares. Us Fincl Bank De has invested 0% in Repligen Corporation (NASDAQ:RGEN). Boston Limited Liability invested in 139,483 shares. The Nebraska-based Ameritas Invest Ptnrs has invested 0.01% in Repligen Corporation (NASDAQ:RGEN). Blackrock invested in 5.28 million shares. Rice Hall James & Assoc Lc reported 0.11% of its portfolio in Repligen Corporation (NASDAQ:RGEN). 18,053 were accumulated by Nuveen Asset Mgmt Lc. Riverhead Limited Com holds 0% or 2,117 shares in its portfolio. Nicholas Invest Prns LP holds 0.21% of its portfolio in Repligen Corporation (NASDAQ:RGEN) for 79,773 shares. Macquarie Ltd invested in 0.05% or 752,433 shares. Aqr Cap Lc holds 0.01% of its portfolio in Repligen Corporation (NASDAQ:RGEN) for 157,845 shares. State Street has 0% invested in Repligen Corporation (NASDAQ:RGEN) for 1.35 million shares. Glenmede Tru Na holds 1,564 shares. Swiss State Bank accumulated 60,500 shares. Ranger Invest Mgmt LP stated it has 734,232 shares.

Among 8 analysts covering Repligen (NASDAQ:RGEN), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Repligen had 13 analyst reports since November 6, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Thursday, August 3. The firm has “Hold” rating by Jefferies given on Wednesday, October 18. The company was initiated on Friday, July 21 by William Blair. Jefferies maintained the shares of RGEN in report on Thursday, June 8 with “Hold” rating. The rating was initiated by J.P. Morgan on Tuesday, December 5 with “Buy”. The company was initiated on Monday, February 22 by Craig Hallum. On Friday, December 8 the stock rating was initiated by Citigroup with “Buy”. The stock of Repligen Corporation (NASDAQ:RGEN) earned “Hold” rating by Jefferies on Tuesday, June 27. The firm has “Overweight” rating given on Monday, February 13 by Piper Jaffray. The firm has “Hold” rating given on Friday, November 6 by Jefferies.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It turned negative, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Hillsdale Inv stated it has 0% of its portfolio in General Electric Company (NYSE:GE). 213,609 were reported by Colonial Trust Advsrs. State Of New Jersey Common Pension Fund D stated it has 9.18 million shares or 0.89% of all its holdings. Wellington Mngmt Gp Llp reported 50.90M shares stake. Bailard Incorporated holds 33,255 shares or 0.06% of its portfolio. Kopp Inv Limited Liability Company stated it has 8,860 shares or 0.2% of all its holdings. St Johns Investment Mgmt Limited reported 0.8% in General Electric Company (NYSE:GE). Andra Ap has invested 0.22% in General Electric Company (NYSE:GE). Fincl Architects holds 0.61% of its portfolio in General Electric Company (NYSE:GE) for 13,724 shares. Roberts Glore And Co Il reported 52,848 shares stake. Prudential Public Ltd Liability Corp holds 0.35% or 4.55M shares. Hollencrest Secs Ltd Limited Liability Company accumulated 214,302 shares. Regents Of The University Of California holds 2.02% or 40,075 shares. Stonebridge Capital Advisors Ltd Llc holds 1.39% of its portfolio in General Electric Company (NYSE:GE) for 233,584 shares. State Of Alaska Department Of Revenue has 41,308 shares.

Since January 26, 2018, it had 1 insider purchase, and 0 insider sales for $43,446 activity.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 20. They expect $0.12 earnings per share, down 42.86% or $0.09 from last year’s $0.21 per share. GE’s profit will be $1.04 billion for 30.52 P/E if the $0.12 EPS becomes a reality. After $0.27 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth.

First United Bank Trust, which manages about $149.38 million US Long portfolio, upped its stake in Vanguard Intl Equity Index Fftse Europe Etf (VGK) by 42,865 shares to 89,355 shares, valued at $5.21 million in 2017Q3, according to the filing.

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