Family Management Has Lifted Amgen (AMGN) Holding By $4.09 Million; Colfax (CFX) Shorts Down By 10%

December 1, 2017 - By mmahotstuff

Family Management Corp increased Amgen Inc (AMGN) stake by 1188.75% reported in 2017Q2 SEC filing. Family Management Corp acquired 23,775 shares as Amgen Inc (AMGN)’s stock declined 9.68%. The Family Management Corp holds 25,775 shares with $4.44M value, up from 2,000 last quarter. Amgen Inc now has $128.78 billion valuation. The stock increased 0.99% or $1.74 during the last trading session, reaching $177.4. About 2.38 million shares traded. Amgen Inc. (NASDAQ:AMGN) has risen 5.27% since December 1, 2016 and is uptrending. It has underperformed by 11.43% the S&P500.

Colfax Corporation (NYSE:CFX) had a decrease of 10% in short interest. CFX’s SI was 725,400 shares in December as released by FINRA. Its down 10% from 806,000 shares previously. With 495,400 avg volume, 2 days are for Colfax Corporation (NYSE:CFX)’s short sellers to cover CFX’s short positions. The SI to Colfax Corporation’s float is 0.74%. The stock decreased 0.91% or $0.34 during the last trading session, reaching $36.92. About 411,493 shares traded. Colfax Corporation (NYSE:CFX) has risen 61.22% since December 1, 2016 and is uptrending. It has outperformed by 44.52% the S&P500.

Family Management Corp decreased General Electric Co (NYSE:GE) stake by 13,133 shares to 190,140 valued at $5.14 million in 2017Q2. It also reduced Cisco Sys Inc (NASDAQ:CSCO) stake by 55,162 shares and now owns 146,394 shares. Alphabet Inc was reduced too.

Among 22 analysts covering Amgen Inc. (NASDAQ:AMGN), 10 have Buy rating, 0 Sell and 12 Hold. Therefore 45% are positive. Amgen Inc. had 72 analyst reports since August 3, 2015 according to SRatingsIntel. Piper Jaffray maintained Amgen Inc. (NASDAQ:AMGN) on Saturday, August 29 with “Overweight” rating. The stock of Amgen Inc. (NASDAQ:AMGN) earned “Neutral” rating by Citigroup on Thursday, February 25. The rating was reinitiated by Jefferies with “Buy” on Tuesday, July 11. Mizuho maintained the shares of AMGN in report on Friday, July 14 with “Buy” rating. As per Friday, September 22, the company rating was maintained by BMO Capital Markets. The stock of Amgen Inc. (NASDAQ:AMGN) earned “Buy” rating by Oppenheimer on Monday, June 26. Barclays Capital maintained Amgen Inc. (NASDAQ:AMGN) rating on Friday, October 13. Barclays Capital has “Equal-Weight” rating and $190 target. The firm has “Buy” rating by Mizuho given on Tuesday, November 8. The stock of Amgen Inc. (NASDAQ:AMGN) has “Buy” rating given on Tuesday, June 13 by Oppenheimer. The rating was downgraded by Argus Research to “Hold” on Wednesday, November 1.

Investors sentiment decreased to 1.15 in 2017 Q2. Its down 0.10, from 1.25 in 2017Q1. It is negative, as 72 investors sold AMGN shares while 463 reduced holdings. 100 funds opened positions while 517 raised stakes. 557.32 million shares or 1.16% less from 563.88 million shares in 2017Q1 were reported. King Luther Capital Mgmt has invested 0.95% in Amgen Inc. (NASDAQ:AMGN). 4,415 are owned by Quantum Cap. Apriem Advsr accumulated 1,201 shares. St Johns Invest Limited reported 1.1% of its portfolio in Amgen Inc. (NASDAQ:AMGN). Dimensional Fund Limited Partnership reported 1.87M shares. First Lp holds 0.2% of its portfolio in Amgen Inc. (NASDAQ:AMGN) for 431,407 shares. First Republic Inv Mgmt reported 605,895 shares. Groesbeck Investment Corp Nj holds 3.28% or 25,742 shares in its portfolio. 1,639 are held by Riverpoint Management Ltd Com. Endurance Wealth Management invested in 1% or 34,247 shares. Td Asset Management invested 0.15% in Amgen Inc. (NASDAQ:AMGN). Foundry Limited Liability Corp holds 90,420 shares. Btr Capital Mgmt owns 1,520 shares or 0.05% of their US portfolio. Sterling Management Llc holds 0.11% of its portfolio in Amgen Inc. (NASDAQ:AMGN) for 67,328 shares. Northeast Fincl Consultants Incorporated has invested 0.32% in Amgen Inc. (NASDAQ:AMGN).

Investors sentiment increased to 1.35 in 2017 Q2. Its up 0.19, from 1.16 in 2017Q1. It improved, as 17 investors sold Colfax Corporation shares while 68 reduced holdings. 46 funds opened positions while 69 raised stakes. 91.50 million shares or 1.84% less from 93.21 million shares in 2017Q1 were reported. Golub Group Inc Limited Liability owns 590,676 shares for 2.21% of their portfolio. Amer Gp owns 0% invested in Colfax Corporation (NYSE:CFX) for 1,913 shares. Jane Street Group Incorporated Lc invested 0% of its portfolio in Colfax Corporation (NYSE:CFX). Mesirow Management reported 42,385 shares. Bnp Paribas Arbitrage Sa invested 0% of its portfolio in Colfax Corporation (NYSE:CFX). Citigroup Inc, a New York-based fund reported 1,053 shares. Federated Pa holds 0% in Colfax Corporation (NYSE:CFX) or 37,947 shares. Goldman Sachs Gru reported 0.01% in Colfax Corporation (NYSE:CFX). Engineers Gate Manager L P holds 70,936 shares or 0.25% of its portfolio. Voya Inv Management Ltd has 0% invested in Colfax Corporation (NYSE:CFX). Northwestern Mutual Wealth holds 0% of its portfolio in Colfax Corporation (NYSE:CFX) for 72 shares. Comerica State Bank has invested 0.03% in Colfax Corporation (NYSE:CFX). Markel holds 1.14 million shares or 0.95% of its portfolio. Nationwide Fund stated it has 0% of its portfolio in Colfax Corporation (NYSE:CFX). Ameriprise Fincl, a Minnesota-based fund reported 48,562 shares.

Colfax Corporation, an industrial manufacturing and engineering company, provides gas and fluid handling, and fabrication technology services and products worldwide. The company has market cap of $4.55 billion. The firm operates through two divisions, Gas and Fluid Handling, and Fabrication Technology. It has a 29.05 P/E ratio. The Gas and Fluid Handling segment designs, makes, supplies, installs, and maintains heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps, fluid handling systems, controls, and specialty valves.

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