Sectoral Asset Management Raised Its Prothena Plc (PRTA) Position; Shorts at Express Scripts Holding Company (ESRX) Lowered By 1.35%

February 16, 2018 - By Louis Casey

Sectoral Asset Management Inc increased Prothena Corp Plc (PRTA) stake by 29.7% reported in 2017Q3 SEC filing. Sectoral Asset Management Inc acquired 44,863 shares as Prothena Corp Plc (PRTA)’s stock rose 4.04%. The Sectoral Asset Management Inc holds 195,909 shares with $12.69M value, up from 151,046 last quarter. Prothena Corp Plc now has $1.28 billion valuation. The stock increased 3.61% or $1.16 during the last trading session, reaching $33.27. About 381,227 shares traded. Prothena Corporation plc (NASDAQ:PRTA) has risen 41.05% since February 16, 2017 and is uptrending. It has outperformed by 24.35% the S&P500.

Express Scripts Holding Company (NASDAQ:ESRX) had a decrease of 1.35% in short interest. ESRX’s SI was 30.74M shares in February as released by FINRA. Its down 1.35% from 31.16 million shares previously. With 3.98 million avg volume, 8 days are for Express Scripts Holding Company (NASDAQ:ESRX)’s short sellers to cover ESRX’s short positions. The stock increased 1.54% or $1.14 during the last trading session, reaching $75.21. About 2.30M shares traded. Express Scripts Holding Company (NASDAQ:ESRX) has declined 16.92% since February 16, 2017 and is downtrending. It has underperformed by 33.62% the S&P500.

Express Scripts Holding Company operates as a pharmacy benefit management firm in the United States, Canada, and Europe. The company has market cap of $42.60 billion. It operates in two divisions, PBM and Other Business Operations. It has a 12.35 P/E ratio. The PBM segment offers clinical solutions, specialized pharmacy care, home delivery and specialty pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management, administration of a group purchasing organization, and consumer health and drug information services.

Investors sentiment increased to 0.62 in 2017 Q3. Its up 0.06, from 0.56 in 2017Q2. It is positive, as 66 investors sold Express Scripts Holding Company shares while 414 reduced holdings. 72 funds opened positions while 224 raised stakes. 486.80 million shares or 2.59% less from 499.72 million shares in 2017Q2 were reported. Westpac Banking accumulated 0.06% or 43,452 shares. Burt Wealth Advsr holds 0.06% or 1,522 shares in its portfolio. Goldman Sachs Group Inc stated it has 4.78M shares. Gemmer Asset Ltd Liability Corporation holds 0.02% or 737 shares. Hanson Mcclain reported 464 shares stake. First Tru Advsrs Limited Partnership has invested 0.12% in Express Scripts Holding Company (NASDAQ:ESRX). Loring Wolcott Coolidge Fiduciary Ltd Liability Partnership Ma reported 0% stake. S&T Commercial Bank Pa reported 97,774 shares stake. Check Ca invested in 2.71% or 1.43 million shares. Cs Mckee L P, a Pennsylvania-based fund reported 392,013 shares. Raymond James Fincl invested 0.1% in Express Scripts Holding Company (NASDAQ:ESRX). Blue Fincl reported 4,767 shares. Fort Lp reported 3.27% in Express Scripts Holding Company (NASDAQ:ESRX). Natl Bank Of The West has 0.08% invested in Express Scripts Holding Company (NASDAQ:ESRX) for 10,630 shares. 4,741 are owned by Grace & White Inc New York.

Among 24 analysts covering Express Scripts (NASDAQ:ESRX), 11 have Buy rating, 4 Sell and 9 Hold. Therefore 46% are positive. Express Scripts had 56 analyst reports since July 30, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, January 31 by RBC Capital Markets. The rating was maintained by Leerink Swann on Monday, October 5 with “Outperform”. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Buy” rating given on Wednesday, December 20 by SunTrust. Jefferies maintained Express Scripts Holding Company (NASDAQ:ESRX) rating on Friday, May 26. Jefferies has “Buy” rating and $6700 target. Mizuho maintained the shares of ESRX in report on Tuesday, October 24 with “Hold” rating. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Sell” rating given on Friday, December 15 by Raymond James. On Thursday, June 8 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Buy” rating given on Thursday, December 14 by SunTrust. Credit Suisse maintained the shares of ESRX in report on Tuesday, April 26 with “Outperform” rating. The stock of Express Scripts Holding Company (NASDAQ:ESRX) earned “Buy” rating by SunTrust on Thursday, January 11.

Sectoral Asset Management Inc decreased Dbv Technologies stake by 126,353 shares to 52,799 valued at $2.24 million in 2017Q3. It also reduced Nuvasive Inc (NASDAQ:NUVA) stake by 260,999 shares and now owns 132,290 shares. Collegium Pharmaceutical was reduced too.

Among 14 analysts covering Prothena Corp (NASDAQ:PRTA), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Prothena Corp had 30 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Thursday, January 21. Cantor Fitzgerald maintained Prothena Corporation plc (NASDAQ:PRTA) on Thursday, February 15 with “Buy” rating. The company was downgraded on Monday, November 20 by Wedbush. The firm has “Buy” rating given on Wednesday, December 20 by Cantor Fitzgerald. On Wednesday, November 8 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The firm has “Outperform” rating given on Tuesday, August 4 by Wedbush. The stock has “Buy” rating by Oppenheimer on Monday, December 4. Barclays Capital maintained the shares of PRTA in report on Thursday, August 4 with “Overweight” rating. Oppenheimer initiated the stock with “Buy” rating in Thursday, July 6 report. Wedbush maintained the stock with “Outperform” rating in Friday, February 19 report.

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