White Mtns Ins Group LTD (WTM) Shareholder Prospector Partners Has Lifted Stake; Illumina (ILMN) Stock Rose While Opus Point Partners Management Has Lowered Holding

May 2, 2018 - By Marie Mckinney

Illumina, Inc. (NASDAQ:ILMN) Logo

Opus Point Partners Management Llc decreased its stake in Illumina Inc (ILMN) by 13.51% based on its latest 2017Q4 regulatory filing with the SEC. Opus Point Partners Management Llc sold 1,518 shares as the company’s stock rose 10.04% while stock markets declined. The institutional investor held 9,717 shares of the capital goods company at the end of 2017Q4, valued at $2.12 million, down from 11,235 at the end of the previous reported quarter. Opus Point Partners Management Llc who had been investing in Illumina Inc for a number of months, seems to be less bullish one the $35.98B market cap company. The stock increased 0.74% or $1.79 during the last trading session, reaching $244.78. About 54,970 shares traded. Illumina, Inc. (NASDAQ:ILMN) has risen 37.77% since May 2, 2017 and is uptrending. It has outperformed by 26.22% the S&P500.

Prospector Partners Llc increased its stake in White Mtns Ins Group Ltd (WTM) by 19.16% based on its latest 2017Q4 regulatory filing with the SEC. Prospector Partners Llc bought 1,705 shares as the company’s stock declined 3.66% with the market. The institutional investor held 10,605 shares of the finance company at the end of 2017Q4, valued at $9.03 million, up from 8,900 at the end of the previous reported quarter. Prospector Partners Llc who had been investing in White Mtns Ins Group Ltd for a number of months, seems to be bullish on the $3.25B market cap company. The stock decreased 0.10% or $0.86 during the last trading session, reaching $866.67. About 16,148 shares traded. White Mountains Insurance Group, Ltd. (NYSE:WTM) has declined 8.10% since May 2, 2017 and is downtrending. It has underperformed by 19.65% the S&P500.

Among 28 analysts covering Illumina Inc (NASDAQ:ILMN), 19 have Buy rating, 1 Sell and 8 Hold. Therefore 68% are positive. Illumina Inc had 101 analyst reports since July 22, 2015 according to SRatingsIntel. Argus Research maintained the stock with “Buy” rating in Wednesday, September 13 report. The rating was maintained by Morgan Stanley with “Underweight” on Wednesday, December 7. On Thursday, August 20 the stock rating was maintained by BTIG Research with “Buy”. The stock of Illumina, Inc. (NASDAQ:ILMN) earned “Buy” rating by Canaccord Genuity on Wednesday, April 25. The stock of Illumina, Inc. (NASDAQ:ILMN) has “Market Perform” rating given on Thursday, January 7 by Wells Fargo. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, October 12. The firm has “Buy” rating by J.P. Morgan given on Wednesday, August 2. The company was downgraded on Tuesday, October 11 by CItigroup. Citigroup maintained Illumina, Inc. (NASDAQ:ILMN) rating on Tuesday, February 6. Citigroup has “Buy” rating and $275 target. The company was maintained on Tuesday, January 30 by Robert W. Baird.

Investors sentiment increased to 1.39 in Q4 2017. Its up 0.29, from 1.1 in 2017Q3. It improved, as 29 investors sold ILMN shares while 161 reduced holdings. 86 funds opened positions while 179 raised stakes. 130.72 million shares or 0.63% less from 131.54 million shares in 2017Q3 were reported. 70,754 are owned by Retirement Of Alabama. Hemenway Trust Ltd holds 37,895 shares or 1.58% of its portfolio. Primecap Mgmt Ca accumulated 1.89 million shares or 0.32% of the stock. Panagora Asset Mngmt Incorporated invested in 0.01% or 7,159 shares. American Cap Mgmt reported 3.4% in Illumina, Inc. (NASDAQ:ILMN). Obermeyer Wood Investment Counsel Lllp holds 0.02% of its portfolio in Illumina, Inc. (NASDAQ:ILMN) for 1,200 shares. Kornitzer Ks accumulated 11,737 shares. Baker Avenue Asset Mgmt Lp reported 5,581 shares or 0.12% of all its holdings. Nuveen Asset Mngmt Limited Liability has 0.06% invested in Illumina, Inc. (NASDAQ:ILMN) for 43,349 shares. The New York-based Guardian Life Insur Of America has invested 0.02% in Illumina, Inc. (NASDAQ:ILMN). Tcw Group holds 293,199 shares. Millennium Mngmt Limited Liability has invested 0% in Illumina, Inc. (NASDAQ:ILMN). Broderick Brian C holds 1.04% in Illumina, Inc. (NASDAQ:ILMN) or 12,985 shares. Kentucky Retirement Insur Fund invested 0.14% in Illumina, Inc. (NASDAQ:ILMN). Barclays Public Limited invested in 216,533 shares.

Since January 2, 2018, it had 0 insider buys, and 19 selling transactions for $13.49 million activity. EPSTEIN ROBERT S had sold 250 shares worth $57,813. $458,735 worth of Illumina, Inc. (NASDAQ:ILMN) was sold by EASTHAM KARIN. The insider Dadswell Charles sold $32,553. 250 shares were sold by ARNOLD FRANCES, worth $60,375 on Thursday, March 8. $484,667 worth of stock was sold by Stapley Marc on Wednesday, January 17. Shares for $3.66M were sold by FLATLEY JAY T on Tuesday, January 16.

Illumina, Inc. (NASDAQ:ILMN) Institutional Positions Chart

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: