Teekay Tankers LTD Cl Af (TNK) Stake Maintained by Berson & Corrado Investment Advisors Llc; Celgene (CELG) Shares Declined While Raymond James Trust Has Lifted Its Holding

February 11, 2018 - By Hazel Jackson

Raymond James Trust increased its stake in Celgene Corp (CELG) by 7.65% based on its latest 2017Q3 regulatory filing with the SEC. Raymond James Trust bought 2,306 shares as the company’s stock declined 3.49% while stock markets rallied. The institutional investor held 32,438 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $4.73M, up from 30,132 at the end of the previous reported quarter. Raymond James Trust who had been investing in Celgene Corp for a number of months, seems to be bullish on the $72.84 billion market cap company. The stock increased 1.64% or $1.49 during the last trading session, reaching $92.51. About 11.15M shares traded or 58.00% up from the average. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since February 11, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Berson & Corrado Investment Advisors Llc increased its stake in Teekay Tankers Ltd Cl Af (TNK) by 84.49% based on its latest 2017Q3 regulatory filing with the SEC. Berson & Corrado Investment Advisors Llc bought 360,875 shares as the company’s stock declined 21.54% while stock markets rallied. The institutional investor held 787,988 shares of the marine transportation company at the end of 2017Q3, valued at $1.28 million, up from 427,113 at the end of the previous reported quarter. Berson & Corrado Investment Advisors Llc who had been investing in Teekay Tankers Ltd Cl Af for a number of months, seems to be bullish on the $297.70M market cap company. The stock decreased 1.77% or $0.02 during the last trading session, reaching $1.11. About 1.73 million shares traded. Teekay Tankers Ltd. (NYSE:TNK) has declined 45.94% since February 11, 2017 and is downtrending. It has underperformed by 62.64% the S&P500.

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. Celgene Corporation had 131 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Atlantic Securities to “Overweight” on Friday, December 8. The firm has “Buy” rating by UBS given on Friday, November 6. Jefferies initiated Celgene Corporation (NASDAQ:CELG) on Wednesday, September 9 with “Buy” rating. The stock of Celgene Corporation (NASDAQ:CELG) has “Buy” rating given on Friday, July 28 by Stifel Nicolaus. RBC Capital Markets maintained the shares of CELG in report on Wednesday, October 4 with “Buy” rating. The firm has “Hold” rating given on Friday, January 5 by Bank of America. The stock of Celgene Corporation (NASDAQ:CELG) earned “Underweight” rating by Morgan Stanley on Monday, October 23. The firm earned “Buy” rating on Thursday, July 6 by Cantor Fitzgerald. The stock of Celgene Corporation (NASDAQ:CELG) earned “Neutral” rating by Citigroup on Friday, October 27. On Friday, October 27 the stock rating was maintained by SunTrust with “Buy”.

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.17, from 1.34 in 2017Q2. It turned negative, as 44 investors sold CELG shares while 457 reduced holdings. 133 funds opened positions while 451 raised stakes. 603.99 million shares or 0.25% more from 602.51 million shares in 2017Q2 were reported. Ardevora Asset Mgmt Limited Liability Partnership holds 194,900 shares or 0.85% of its portfolio. Fil Limited invested 0.29% in Celgene Corporation (NASDAQ:CELG). Sit Inv Assoc stated it has 64,995 shares or 0.24% of all its holdings. Livforsakringsbolaget Skandia Omsesidigt stated it has 0.76% of its portfolio in Celgene Corporation (NASDAQ:CELG). Horizon Kinetics Ltd Liability holds 7,939 shares or 0.03% of its portfolio. 18 are owned by Inr Advisory Services Limited. Duncker Streett And has invested 0.47% in Celgene Corporation (NASDAQ:CELG). Boyd Watterson Asset Mgmt Ltd Limited Liability Company Oh holds 0.24% or 3,393 shares. Forte Capital Limited Liability Com Adv has 0.15% invested in Celgene Corporation (NASDAQ:CELG) for 3,150 shares. Tanaka Capital Mngmt has 14,105 shares. Proshare Advisors Limited Liability reported 563,051 shares stake. Jump Trading Limited Liability Com invested in 798 shares. Cadence National Bank & Trust Na has 6,629 shares for 0.37% of their portfolio. Berson And Corrado Advsrs Lc invested in 0.8% or 9,792 shares. Hall Laurie J Trustee owns 14,745 shares or 1.34% of their US portfolio.

Since August 10, 2017, it had 0 buys, and 3 selling transactions for $2.84 million activity. Shares for $248,498 were sold by Curran Terrie. $1.29 million worth of Celgene Corporation (NASDAQ:CELG) was sold by CASEY MICHAEL D. MARIO ERNEST also sold $2.42 million worth of Celgene Corporation (NASDAQ:CELG) on Thursday, August 10.

Raymond James Trust, which manages about $1.40B US Long portfolio, decreased its stake in Ishares (IEF) by 2,988 shares to 4,205 shares, valued at $448,000 in 2017Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 3,078 shares in the quarter, leaving it with 214,344 shares, and cut its stake in International Business Machines (NYSE:IBM).

Berson & Corrado Investment Advisors Llc, which manages about $396.59M and $177.71M US Long portfolio, decreased its stake in Spdr S&P 500 (SPY) by 1,365 shares to 5,345 shares, valued at $1.34 million in 2017Q3, according to the filing. It also reduced its holding in Enzo Biochem Inc (NYSE:ENZ) by 87,375 shares in the quarter, leaving it with 238,726 shares, and cut its stake in Kraton Corporation (NYSE:KRA).

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.24, from 1.2 in 2017Q2. It fall, as 15 investors sold TNK shares while 30 reduced holdings. 19 funds opened positions while 24 raised stakes. 50.49 million shares or 8.40% less from 55.11 million shares in 2017Q2 were reported. 120,403 are held by Federated Investors Pa. 11,304 were accumulated by Bnp Paribas Arbitrage. Signaturefd Limited Liability Com invested 0.01% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK). Goldman Sachs Group invested 0% in Teekay Tankers Ltd. (NYSE:TNK). Financial Bank Of America Corp De holds 0% in Teekay Tankers Ltd. (NYSE:TNK) or 1.29M shares. Huntington Bancorp invested in 0% or 10,059 shares. State Street reported 2.02M shares. Nationwide Fund Advisors has 0% invested in Teekay Tankers Ltd. (NYSE:TNK). Blackrock holds 0% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK) for 5.69 million shares. Huber Capital Ltd Liability Corporation holds 1.28% or 14.38M shares. Winfield Associates has 0% invested in Teekay Tankers Ltd. (NYSE:TNK). Panagora Asset has 25,650 shares. Virtu Financial Limited Liability Com invested 0% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK). Moreover, Principal Financial has 0% invested in Teekay Tankers Ltd. (NYSE:TNK). Vanguard holds 302,277 shares.

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