Wednesday, 31 January 2018

Pointstate Capital LP Has Cut Its Autodesk (ADSK) Holding by $141.84 Million as Valuation Rose; Private Asset Management Holding in Bristol Myers Squibb (BMY) Decreased as Share Price Declined

Pointstate Capital Lp decreased its stake in Autodesk Inc (ADSK) by 36.26% based on its latest 2017Q3 regulatory filing with the SEC. Pointstate Capital Lp sold 1.27M shares as the company’s stock rose 27.21% with the market. The hedge fund held 2.23 million shares of the technology company at the end of 2017Q3, valued at $249.95M, down from 3.49 million at the end of the previous reported quarter. Pointstate Capital Lp who had been investing in Autodesk Inc for a number of months, seems to be less bullish one the $25.34 billion market cap company. The stock decreased 1.17% or $1.36 during the last trading session, reaching $115.02. About 1.56 million shares traded. Autodesk, Inc. (NASDAQ:ADSK) has risen 91.08% since January 31, 2017 and is uptrending. It has outperformed by 74.38% the S&P500.

Private Asset Management Inc decreased its stake in Bristol Myers Squibb (BMY) by 93.54% based on its latest 2017Q3 regulatory filing with the SEC. Private Asset Management Inc sold 179,336 shares as the company’s stock declined 1.04% while stock markets rallied. The institutional investor held 12,392 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $12.39 million, down from 191,728 at the end of the previous reported quarter. Private Asset Management Inc who had been investing in Bristol Myers Squibb for a number of months, seems to be less bullish one the $104.68B market cap company. The stock decreased 0.73% or $0.47 during the last trading session, reaching $63.96. About 5.85 million shares traded or 6.36% up from the average. Bristol-Myers Squibb Company (NYSE:BMY) has declined 23.19% since January 31, 2017 and is downtrending. It has underperformed by 39.89% the S&P500.

Among 19 analysts covering Bristol-Myers Squibb Company (NYSE:BMY), 6 have Buy rating, 3 Sell and 10 Hold. Therefore 32% are positive. Bristol-Myers Squibb Company had 69 analyst reports since July 28, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Market Perform” rating and $45 target in Wednesday, April 5 report. The rating was maintained by Deutsche Bank with “Hold” on Friday, October 28. The stock has “Equal-Weight” rating by Barclays Capital on Friday, October 13. Cowen & Co maintained the shares of BMY in report on Monday, September 18 with “Hold” rating. The company was initiated on Friday, December 18 by Atlantic Securities. The firm earned “Buy” rating on Monday, October 30 by SunTrust. The firm has “Hold” rating by Jefferies given on Tuesday, June 14. As per Monday, December 19, the company rating was upgraded by Jefferies. BMO Capital Markets maintained Bristol-Myers Squibb Company (NYSE:BMY) on Friday, July 28 with “Underperform” rating. The rating was maintained by Leerink Swann on Thursday, July 27 with “Buy”.

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.08, from 0.95 in 2017Q2. It is positive, as 62 investors sold BMY shares while 519 reduced holdings. 137 funds opened positions while 460 raised stakes. 1.11 billion shares or 0.68% more from 1.10 billion shares in 2017Q2 were reported. Moreover, Planning has 0.36% invested in Bristol-Myers Squibb Company (NYSE:BMY) for 27,064 shares. Associated Banc holds 0.51% or 144,408 shares. Virginia Retirement Et Al reported 0.1% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY). Hyman Charles D invested in 1.54% or 194,327 shares. Sei Invs accumulated 581,758 shares. Milestone Group invested 0.06% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY). M&T Bankshares Corporation invested 0.58% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY). Concorde Asset Lc holds 0.18% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY) for 3,332 shares. Bangor Bank reported 0.13% in Bristol-Myers Squibb Company (NYSE:BMY). Obermeyer Wood Invest Counsel Lllp has 19,819 shares. Aimz Inv Advsrs Limited Company owns 5,087 shares for 0.24% of their portfolio. Cacti Asset Mgmt Limited Liability owns 32,680 shares or 0.17% of their US portfolio. Korea Invest stated it has 1.18 million shares. Perkins Cap invested in 17,525 shares or 1.17% of the stock. Texas-based Cypress Asset Mngmt Tx has invested 0.72% in Bristol-Myers Squibb Company (NYSE:BMY).

Since September 6, 2017, it had 1 buying transaction, and 2 insider sales for $646,385 activity. $560,400 worth of stock was sold by Caldarella Joseph C on Wednesday, September 6. The insider Lynch Thomas J. Jr. sold 5,300 shares worth $335,172.

Investors sentiment increased to 1.42 in 2017 Q3. Its up 0.23, from 1.19 in 2017Q2. It is positive, as 36 investors sold ADSK shares while 132 reduced holdings. 61 funds opened positions while 177 raised stakes. 206.38 million shares or 1.05% more from 204.24 million shares in 2017Q2 were reported. Hl Fin Serv, a Kentucky-based fund reported 4,701 shares. Point72 Asia (Hong Kong) invested in 452 shares. Wealthtrust, Alabama-based fund reported 391 shares. Northern Tru holds 0.08% or 2.60M shares. Tiedemann Wealth Management Limited Com accumulated 17,660 shares or 0.09% of the stock. 178 were reported by Shine Investment Advisory Inc. Hourglass Cap Ltd Liability invested in 4,300 shares or 0.11% of the stock. Loomis Sayles And Lp reported 2.58% of its portfolio in Autodesk, Inc. (NASDAQ:ADSK). 47,634 were accumulated by Oregon Employees Retirement Fund. Envestnet Asset Mngmt Incorporated reported 94,645 shares. Moreover, Assetmark has 0% invested in Autodesk, Inc. (NASDAQ:ADSK) for 63 shares. Moreover, Amp Capital Investors Ltd has 0.07% invested in Autodesk, Inc. (NASDAQ:ADSK) for 115,336 shares. Invsts stated it has 0.02% in Autodesk, Inc. (NASDAQ:ADSK). Andra Ap holds 28,600 shares or 0.08% of its portfolio. Landscape Cap Management invested in 0.05% or 4,418 shares.

Pointstate Capital Lp, which manages about $10.76B and $11.77B US Long portfolio, upped its stake in Alphabet Inc by 652,731 shares to 662,731 shares, valued at $645.31 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IBB) by 1,700 shares in the quarter, for a total of 4,900 shares, and has risen its stake in T Mobile Us Inc (NYSE:TMUS).

Analysts await Autodesk, Inc. (NASDAQ:ADSK) to report earnings on March, 1. They expect $-0.34 EPS, up 39.29% or $0.22 from last year’s $-0.56 per share. After $-0.42 actual EPS reported by Autodesk, Inc. for the previous quarter, Wall Street now forecasts -19.05% EPS growth.

Among 27 analysts covering Autodesk Inc. (NASDAQ:ADSK), 18 have Buy rating, 3 Sell and 6 Hold. Therefore 67% are positive. Autodesk Inc. had 109 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Outperform” rating by Cowen & Co on Friday, August 26. The firm has “Outperform” rating given on Monday, August 31 by Credit Suisse. The company was maintained on Friday, August 19 by RBC Capital Markets. The company was downgraded on Tuesday, August 30 by Rosenblatt. The firm has “Buy” rating by Guggenheim given on Monday, November 13. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 28. The firm has “Hold” rating given on Friday, August 26 by Canaccord Genuity. As per Friday, December 4, the company rating was maintained by RBC Capital Markets. The stock of Autodesk, Inc. (NASDAQ:ADSK) earned “Neutral” rating by Citigroup on Monday, August 28. The firm earned “Buy” rating on Thursday, August 20 by Cowen & Co.

The post Pointstate Capital LP Has Cut Its Autodesk (ADSK) Holding by $141.84 Million as Valuation Rose; Private Asset Management Holding in Bristol Myers Squibb (BMY) Decreased as Share Price Declined appeared first on Stock Market News | HillCountryTimes | Get it Today.



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