Scott Burney increased its stake in Merck & Co Inc (MRK) by 261.7% based on its latest 2017Q3 regulatory filing with the SEC. Bluefin Trading Llc bought 13,870 shares as the company’s stock declined 2.46% while stock markets rallied. The hedge fund run by Scott Burney held 19,170 shares of the health care company at the end of 2017Q3, valued at $1.23M, up from 5,300 at the end of the previous reported quarter. Bluefin Trading Llc who had been investing in Merck & Co Inc for a number of months, seems to be bullish on the $149.08B market cap company. The stock decreased 2.39% or $1.34 during the last trading session, reaching $54.72. About 9.29 million shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since February 28, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.
Deroy & Devereaux Private Investment Counsel Inc decreased its stake in Six Flags Entertainment Corp (SIX) by 91.62% based on its latest 2017Q3 regulatory filing with the SEC. Deroy & Devereaux Private Investment Counsel Inc sold 201,808 shares as the company’s stock declined 0.34% while stock markets rallied. The institutional investor held 18,450 shares of the services-misc. amusement & recreation company at the end of 2017Q3, valued at $1.12M, down from 220,258 at the end of the previous reported quarter. Deroy & Devereaux Private Investment Counsel Inc who had been investing in Six Flags Entertainment Corp for a number of months, seems to be less bullish one the $5.49 billion market cap company. The stock decreased 2.64% or $1.76 during the last trading session, reaching $64.97. About 988,184 shares traded or 15.39% up from the average. Six Flags Entertainment Corporation (NYSE:SIX) has risen 5.91% since February 28, 2017 and is uptrending. It has underperformed by 10.79% the S&P500.
Bluefin Trading Llc, which manages about $850.13M US Long portfolio, decreased its stake in Intel Corp (NASDAQ:INTC) by 90,027 shares to 46,573 shares, valued at $1.77M in 2017Q3, according to the filing. It also reduced its holding in Praxair Inc (NYSE:PX) by 95,954 shares in the quarter, leaving it with 4,046 shares, and cut its stake in Pretium Res Inc (NYSE:PVG).
Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. Merck & Co. Inc. had 79 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of Merck & Co., Inc. (NYSE:MRK) has “Buy” rating given on Tuesday, June 6 by BMO Capital Markets. Jefferies maintained it with “Hold” rating and $51 target in Tuesday, March 15 report. On Tuesday, February 6 the stock rating was maintained by Leerink Swann with “Market Perform”. The rating was maintained by Deutsche Bank on Monday, July 17 with “Hold”. Argus Research maintained Merck & Co., Inc. (NYSE:MRK) rating on Tuesday, November 17. Argus Research has “Buy” rating and $65 target. The firm has “Overweight” rating by Piper Jaffray given on Thursday, January 12. Jefferies maintained Merck & Co., Inc. (NYSE:MRK) on Friday, August 18 with “Sell” rating. The stock of Merck & Co., Inc. (NYSE:MRK) earned “Hold” rating by Jefferies on Tuesday, October 31. The firm has “Buy” rating given on Monday, July 31 by UBS. Piper Jaffray maintained Merck & Co., Inc. (NYSE:MRK) on Friday, July 28 with “Buy” rating.
Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.01, from 1.07 in 2017Q2. It turned negative, as 46 investors sold MRK shares while 619 reduced holdings. 106 funds opened positions while 598 raised stakes. 1.96 billion shares or 0.47% more from 1.95 billion shares in 2017Q2 were reported. Moreover, Magnetar Financial Ltd has 0.03% invested in Merck & Co., Inc. (NYSE:MRK). Guggenheim Lc holds 0.21% or 1.40M shares in its portfolio. Rodgers Brothers holds 0.49% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 21,551 shares. Strategic Glob Advsrs Limited Liability Com accumulated 30,337 shares. Mraz Amerine Associates, California-based fund reported 4,414 shares. Davenport Ltd Liability Corp invested in 1.90 million shares. Moreover, Cutler Investment Counsel Limited Company has 1.84% invested in Merck & Co., Inc. (NYSE:MRK) for 123,143 shares. Prelude Cap Management Limited Liability Corporation reported 27,732 shares. 10,494 are owned by Economic Planning Group Inc Inc Adv. Crestpoint Cap Mgmt Llc accumulated 31,100 shares or 0.89% of the stock. Zevin Asset Ltd Limited Liability Company reported 0.09% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Canandaigua Bankshares accumulated 85,246 shares. Stifel Corp reported 3.28 million shares. Pioneer Tru Bankshares N A Or owns 7,929 shares. Brown Advisory Limited Liability Company has invested 1.27% in Merck & Co., Inc. (NYSE:MRK).
Deroy & Devereaux Private Investment Counsel Inc, which manages about $945.37M and $889.64M US Long portfolio, upped its stake in Cypress Semiconductor Corp (NASDAQ:CY) by 210,992 shares to 1.54 million shares, valued at $23.18 million in 2017Q3, according to the filing. It also increased its holding in Bank Of Ny Mellon (NYSE:BK) by 38,631 shares in the quarter, for a total of 313,117 shares, and has risen its stake in Chicago Bridge & Iron Co (NYSE:CBI).
Among 16 analysts covering Six Flags Entertainment (NYSE:SIX), 12 have Buy rating, 1 Sell and 3 Hold. Therefore 75% are positive. Six Flags Entertainment had 35 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Tuesday, April 19 by Stephens. The rating was maintained by Stifel Nicolaus on Wednesday, October 11 with “Buy”. As per Wednesday, October 21, the company rating was maintained by FBR Capital. The stock of Six Flags Entertainment Corporation (NYSE:SIX) earned “Neutral” rating by Sterne Agee CRT on Tuesday, March 29. On Tuesday, July 18 the stock rating was maintained by FBR Capital with “Buy”. The stock has “Buy” rating by Oppenheimer on Wednesday, June 21. Hilliard Lyons downgraded the shares of SIX in report on Friday, April 28 to “Neutral” rating. The firm earned “Sell” rating on Thursday, July 27 by Macquarie Research. The firm has “Outperform” rating given on Friday, August 28 by Credit Suisse. On Monday, October 23 the stock rating was maintained by KeyBanc Capital Markets with “Buy”.
The post Six Flags Entertainment (SIX) Share Value Declined While Deroy & Devereaux Private Investment Counsel Decreased Position; Bluefin Trading Boosted Its Merck & Co (MRK) Position by $887,680 appeared first on Stock Market News | HillCountryTimes | Get it Today.
from
https://www.hillcountrytimes.com/2018/02/28/six-flags-entertainment-six-share-value-declined-while-deroy-bluefin-trading-boosted-its-merck-co-mrk-position-by-887680/
No comments:
Post a Comment