Wednesday, 31 January 2018

As Dexcom (DXCM) Stock Price Declined, Shareholder Cabot Wealth Management Has Boosted Its Holding; United Technologies (UTX) Shareholder Verition Fund Management Cut Its Position by $825,920

Verition Fund Management Llc decreased its stake in United Technologies Corp (UTX) by 23.14% based on its latest 2017Q3 regulatory filing with the SEC. Verition Fund Management Llc sold 7,120 shares as the company’s stock rose 8.03% with the market. The hedge fund held 23,653 shares of the aerospace company at the end of 2017Q3, valued at $2.75 million, down from 30,773 at the end of the previous reported quarter. Verition Fund Management Llc who had been investing in United Technologies Corp for a number of months, seems to be less bullish one the $109.01 billion market cap company. The stock decreased 0.12% or $0.17 during the last trading session, reaching $136.5. About 3.57 million shares traded or 7.59% up from the average. United Technologies Corporation (NYSE:UTX) has risen 22.99% since January 31, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Cabot Wealth Management Inc increased its stake in Dexcom Inc (DXCM) by 68.21% based on its latest 2017Q3 regulatory filing with the SEC. Cabot Wealth Management Inc bought 16,388 shares as the company’s stock declined 17.38% while stock markets rallied. The institutional investor held 40,414 shares of the health care company at the end of 2017Q3, valued at $1.98M, up from 24,026 at the end of the previous reported quarter. Cabot Wealth Management Inc who had been investing in Dexcom Inc for a number of months, seems to be bullish on the $5.15 billion market cap company. The stock increased 2.90% or $1.67 during the last trading session, reaching $59.31. About 1.05 million shares traded. DexCom, Inc. (NASDAQ:DXCM) has risen 9.41% since January 31, 2017 and is uptrending. It has underperformed by 7.29% the S&P500.

Since August 10, 2017, it had 0 buys, and 13 selling transactions for $3.22 million activity. Shares for $114,080 were sold by DOUBLEDAY RICHARD on Monday, September 25. Shares for $418,637 were sold by SAYER KEVIN R on Friday, August 11. Pacelli Steven Robert sold $300,045 worth of stock or 3,987 shares. GREGG TERRANCE H sold $568,588 worth of stock or 10,000 shares.

Cabot Wealth Management Inc, which manages about $552.75M and $445.63M US Long portfolio, decreased its stake in Spdr Gold Trust (GLD) by 9,771 shares to 37,613 shares, valued at $4.57 million in 2017Q3, according to the filing. It also reduced its holding in Schwab Strategic Tr (SCHZ) by 19,557 shares in the quarter, leaving it with 30,423 shares, and cut its stake in Raytheon Co (NYSE:RTN).

Among 23 analysts covering Dexcom (NASDAQ:DXCM), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Dexcom had 62 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Buy” on Thursday, July 13. As per Monday, September 25, the company rating was maintained by Canaccord Genuity. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, July 13. The firm has “Buy” rating by Stephens given on Wednesday, August 2. On Thursday, December 21 the stock rating was maintained by Jefferies with “Buy”. The stock of DexCom, Inc. (NASDAQ:DXCM) has “Buy” rating given on Wednesday, October 4 by Wedbush. JP Morgan maintained DexCom, Inc. (NASDAQ:DXCM) on Wednesday, February 24 with “Overweight” rating. The company was maintained on Tuesday, June 6 by Canaccord Genuity. The rating was maintained by Canaccord Genuity with “Buy” on Monday, June 26. On Friday, September 16 the stock rating was upgraded by Desjardins Securities to “Buy”.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.39, from 1.36 in 2017Q2. It dropped, as 59 investors sold DXCM shares while 69 reduced holdings. 31 funds opened positions while 93 raised stakes. 98.30 million shares or 1.76% more from 96.59 million shares in 2017Q2 were reported. Jpmorgan Chase & reported 0.02% stake. Lpl Financial Limited Liability Company holds 21,007 shares. Quantum Capital Management holds 74,989 shares. Morgan Stanley owns 2.57 million shares or 0.04% of their US portfolio. Financial Bank Of Montreal Can stated it has 0% of its portfolio in DexCom, Inc. (NASDAQ:DXCM). First Trust LP invested in 9,517 shares or 0% of the stock. Fiduciary Trust stated it has 7,020 shares. Stephens Inv Management Ltd Com holds 192,324 shares or 0.22% of its portfolio. C Worldwide Group A S has invested 0.04% in DexCom, Inc. (NASDAQ:DXCM). Old Mutual Customised Solutions (Proprietary) Limited accumulated 1,100 shares or 0.01% of the stock. Valley Natl Advisers owns 495 shares for 0.01% of their portfolio. Assetmark Incorporated reported 651 shares or 0% of all its holdings. Vanguard Group reported 6.94 million shares. Twin Tree Lp stated it has 0.01% of its portfolio in DexCom, Inc. (NASDAQ:DXCM). Asset Mgmt One stated it has 132,263 shares.

Since December 13, 2017, it had 0 insider buys, and 3 selling transactions for $734,561 activity. Another trade for 4,341 shares valued at $546,600 was sold by Amato Elizabeth B.

Verition Fund Management Llc, which manages about $1.22B and $1.24 billion US Long portfolio, upped its stake in Take (NASDAQ:TTWO) by 6,864 shares to 9,865 shares, valued at $1.01 million in 2017Q3, according to the filing. It also increased its holding in Ford Mtr Co Del (NYSE:F) by 78,433 shares in the quarter, for a total of 128,433 shares, and has risen its stake in Trinity Inds Inc (NYSE:TRN).

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.10, from 0.95 in 2017Q2. It improved, as 63 investors sold UTX shares while 503 reduced holdings. 111 funds opened positions while 484 raised stakes. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported. Guardian Capital Limited Partnership reported 8,043 shares stake. Front Barnett Assoc Ltd Llc holds 108,800 shares. Riverpoint Cap Management Ltd Liability Com holds 1.28% of its portfolio in United Technologies Corporation (NYSE:UTX) for 170,506 shares. Edgewood stated it has 0% in United Technologies Corporation (NYSE:UTX). Williams Jones And Assocs Ltd Liability accumulated 29,091 shares or 0.08% of the stock. 85,299 are held by Reilly Advsrs Lc. Arrowgrass Capital Partners (Us) Limited Partnership reported 0.07% stake. Moreover, Martin And Com Incorporated Tn has 0.65% invested in United Technologies Corporation (NYSE:UTX) for 17,219 shares. Great Lakes Limited Company owns 20,217 shares for 0.06% of their portfolio. Waldron Ltd Partnership reported 4,917 shares or 0.16% of all its holdings. Bradley Foster And Sargent Ct holds 502,715 shares or 2.22% of its portfolio. First Interstate Commercial Bank has invested 0.2% of its portfolio in United Technologies Corporation (NYSE:UTX). 162,520 were accumulated by Proshare Advisors Ltd Liability Com. Northside Management Ltd Limited Liability Company has invested 0.17% in United Technologies Corporation (NYSE:UTX). Eqis Cap Management Incorporated owns 20,755 shares for 0.13% of their portfolio.

The post As Dexcom (DXCM) Stock Price Declined, Shareholder Cabot Wealth Management Has Boosted Its Holding; United Technologies (UTX) Shareholder Verition Fund Management Cut Its Position by $825,920 appeared first on Stock Market News | HillCountryTimes | Get it Today.



from
https://www.hillcountrytimes.com/2018/01/31/as-dexcom-dxcm-stock-price-declined-shareholder-cabot-wealth-management-has-boosted-its-holding-united-technologies-utx-shareholder-verition-fund-management-cut-its-position-by-825920/

No comments:

Post a Comment