Global Endowment Management LP Has Raised Its Biogen (BIIB) Holding; Owens-Illinois, Inc. (OI) Covered By 3 Bulls

December 1, 2017 - By Darrin Black

Among 14 analysts covering Owens-Illinois Inc (NYSE:OI), 3 have Buy rating, 1 Sell and 10 Hold. Therefore 21% are positive. Owens-Illinois Inc had 43 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Monday, April 24 by BMO Capital Markets. The firm has “Hold” rating by BMO Capital Markets given on Friday, August 25. Macquarie Research initiated Owens-Illinois, Inc. (NYSE:OI) on Tuesday, November 10 with “Neutral” rating. Bank of America upgraded the shares of OI in report on Tuesday, September 15 to “Buy” rating. KeyBanc Capital Markets maintained Owens-Illinois, Inc. (NYSE:OI) on Wednesday, August 23 with “Hold” rating. The company was downgraded on Tuesday, November 22 by Deutsche Bank. The company was maintained on Tuesday, October 17 by RBC Capital Markets. RBC Capital Markets maintained the shares of OI in report on Monday, July 3 with “Hold” rating. As per Tuesday, September 5, the company rating was maintained by RBC Capital Markets. The company was maintained on Friday, May 26 by BMO Capital Markets. See Owens-Illinois, Inc. (NYSE:OI) latest ratings:

30/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
25/10/2017 Broker: Bank of America Rating: Buy Old Target: $29 New Target: $30 Maintain
25/10/2017 Broker: Robert W. Baird Rating: Neutral Old Target: $25 New Target: $27 Maintain
24/10/2017 Broker: UBS Rating: Hold New Target: $27.0 Maintain
17/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $27.0 Maintain
10/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $25.0 Maintain
09/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $25.0 Maintain
03/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
29/09/2017 Broker: BMO Capital Markets Rating: Hold New Target: $25.0 Maintain
05/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $25.0 Maintain

Global Endowment Management Lp increased Biogen Inc (BIIB) stake by 11.59% reported in 2017Q2 SEC filing. Global Endowment Management Lp acquired 1,400 shares as Biogen Inc (BIIB)’s stock declined 13.45%. The Global Endowment Management Lp holds 13,480 shares with $3.66M value, up from 12,080 last quarter. Biogen Inc now has $67.44 billion valuation. The stock decreased 1.01% or $3.26 during the last trading session, reaching $318.91. About 829,581 shares traded. Biogen Inc. (NASDAQ:BIIB) has risen 4.94% since December 1, 2016 and is uptrending. It has underperformed by 11.76% the S&P500.

The stock decreased 0.62% or $0.15 during the last trading session, reaching $24.07. About 690,812 shares traded. Owens-Illinois, Inc. (NYSE:OI) has risen 20.39% since December 1, 2016 and is uptrending. It has outperformed by 3.69% the S&P500.

Owens-Illinois, Inc., through its subsidiaries, makes and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and the Asia Pacific. The company has market cap of $3.92 billion. It produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It has a 17.44 P/E ratio. The firm is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals.

Investors sentiment increased to 1.18 in Q2 2017. Its up 0.25, from 0.93 in 2017Q1. It increased, as 31 investors sold Owens-Illinois, Inc. shares while 91 reduced holdings. 49 funds opened positions while 95 raised stakes. 151.63 million shares or 0.58% more from 150.76 million shares in 2017Q1 were reported. Employees Retirement Association Of Colorado owns 34,057 shares or 0.01% of their US portfolio. Lord Abbett Limited Company reported 327,937 shares stake. First Allied Advisory Inc invested in 11,600 shares or 0.01% of the stock. South Dakota Investment Council invested in 492,470 shares. Oppenheimer Asset Mngmt Inc accumulated 2,785 shares. Point72 Asset Lp stated it has 776,444 shares. Banque Pictet And Cie Sa reported 20,000 shares. Deutsche Bancorp Ag accumulated 607,734 shares. State Treasurer State Of Michigan has invested 0.01% in Owens-Illinois, Inc. (NYSE:OI). 291,397 are owned by California State Teachers Retirement Systems. First Limited Partnership owns 601,018 shares. Jensen Invest has 0.01% invested in Owens-Illinois, Inc. (NYSE:OI) for 31,170 shares. Moreover, Hightower Advsr has 0.04% invested in Owens-Illinois, Inc. (NYSE:OI). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 6,187 shares in its portfolio. Eqis Mgmt owns 36,465 shares.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.16, from 1.04 in 2017Q1. It dived, as 81 investors sold BIIB shares while 321 reduced holdings. 78 funds opened positions while 277 raised stakes. 180.66 million shares or 1.01% less from 182.50 million shares in 2017Q1 were reported. Guinness Asset Ltd owns 20 shares. Sun Life Fin has invested 0.09% in Biogen Inc. (NASDAQ:BIIB). Plante Moran Financial owns 0.05% invested in Biogen Inc. (NASDAQ:BIIB) for 315 shares. Moreover, Lsv Asset Management has 0.22% invested in Biogen Inc. (NASDAQ:BIIB). Mason Street Advsrs Limited Company accumulated 0.2% or 29,648 shares. Commonwealth Natl Bank Of holds 19,576 shares or 0.05% of its portfolio. Security Trust Communication reported 217 shares. Marshall Wace Llp has invested 0.06% in Biogen Inc. (NASDAQ:BIIB). Sumitomo Mitsui Asset Mgmt Limited reported 17,040 shares stake. Pinnacle Assoc has invested 0.05% in Biogen Inc. (NASDAQ:BIIB). 1,200 were accumulated by Intact Invest Mngmt. 1.08M are owned by Morgan Stanley. C Group Holdings A S holds 0.27% or 65,375 shares. Meritage Portfolio has invested 0.8% in Biogen Inc. (NASDAQ:BIIB). Ally holds 0.81% in Biogen Inc. (NASDAQ:BIIB) or 15,000 shares.

Among 31 analysts covering Biogen Idec Inc. (NASDAQ:BIIB), 21 have Buy rating, 0 Sell and 10 Hold. Therefore 68% are positive. Biogen Idec Inc. had 92 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained Biogen Inc. (NASDAQ:BIIB) on Wednesday, October 4 with “Hold” rating. The firm has “Equal-Weight” rating given on Thursday, March 16 by Morgan Stanley. The stock of Biogen Inc. (NASDAQ:BIIB) has “Buy” rating given on Wednesday, July 26 by H.C. Wainwright. The stock of Biogen Inc. (NASDAQ:BIIB) has “Buy” rating given on Tuesday, February 7 by Citigroup. The company was maintained on Monday, October 23 by Stifel Nicolaus. The firm earned “Market Perform” rating on Thursday, March 16 by Leerink Swann. Leerink Swann upgraded the shares of BIIB in report on Monday, November 7 to “Outperform” rating. The rating was upgraded by Bernstein to “Outperform” on Monday, July 27. The stock has “Hold” rating by BMO Capital Markets on Friday, October 20. The rating was maintained by Cowen & Co with “Buy” on Tuesday, August 25.

Global Endowment Management Lp decreased Charter Communications Inc N stake by 900 shares to 4,040 valued at $1.36M in 2017Q2. It also reduced Select Sector Spdr Tr (XLK) stake by 20,000 shares and now owns 30,000 shares. L Brands Inc (LTD) was reduced too.

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