Verity Asset Management Has Decreased Its Amgen Common (AMGN) Stake; Open Text (OTEX) Covered By 10 Bullish Analysts Last Week

February 17, 2018 - By Clifton Ray

Among 12 analysts covering OpenText Corporation (NASDAQ:OTEX), 10 have Buy rating, 1 Sell and 1 Hold. Therefore 83% are positive. OpenText Corporation had 26 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Open Text Corporation (NASDAQ:OTEX) earned “Overweight” rating by Barclays Capital on Thursday, February 1. RBC Capital Markets upgraded the shares of OTEX in report on Thursday, July 30 to “Outperform” rating. The stock of Open Text Corporation (NASDAQ:OTEX) has “Buy” rating given on Wednesday, July 12 by RBC Capital Markets. The rating was reinitiated by Barclays Capital on Tuesday, January 24 with “Overweight”. The firm earned “Buy” rating on Thursday, February 1 by Scotia Capital. RBC Capital Markets maintained the shares of OTEX in report on Thursday, February 1 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, September 26. TD Securities initiated Open Text Corporation (NASDAQ:OTEX) on Monday, April 4 with “Buy” rating. The rating was maintained by Barclays Capital on Tuesday, July 28 with “Overweight”. The firm has “Neutral” rating given on Thursday, February 16 by Citigroup. See Open Text Corporation (NASDAQ:OTEX) latest ratings:

01/02/2018 Broker: Scotia Capital Rating: Buy New Target: $45.0 Maintain
01/02/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $44 New Target: $46 Maintain
01/02/2018 Broker: MUFG Securities Americas Inc Rating: Buy New Target: $50.0
01/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $46.0 Maintain
01/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $42.0 Maintain
22/11/2017 Broker: Raymond James Rating: Buy New Target: $40.0 Maintain
22/11/2017 Broker: Macquarie Research Rating: Sell New Target: $31.5 Downgrade
01/11/2017 Broker: BMO Capital Markets Rating: Buy New Target: $40.0 Maintain
30/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $40.0 Maintain
26/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $40.0 Maintain

Verity Asset Management Inc decreased Amgen Common (AMGN) stake by 77.68% reported in 2017Q3 SEC filing. Verity Asset Management Inc sold 6,983 shares as Amgen Common (AMGN)’s stock declined 9.68%. The Verity Asset Management Inc holds 2,006 shares with $357,000 value, down from 8,989 last quarter. Amgen Common now has $132.26 billion valuation. The stock decreased 0.03% or $0.05 during the last trading session, reaching $183.55. About 4.37 million shares traded or 29.78% up from the average. Amgen Inc. (NASDAQ:AMGN) has risen 5.27% since February 17, 2017 and is uptrending. It has underperformed by 11.43% the S&P500.

Open Text Corporation provides a suite of software services and products that assist organizations in finding, utilizing, and sharing business information from various devices. The company has market cap of $9.33 billion. The firm offers content solutions that provide content and records management, archiving, and email management and capture solutions, as well as Core, a software as a service based multi-tenant cloud solution; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management products, which offer Web content management, digital asset management, customer communications management, social software, and portal. It has a 48.97 P/E ratio. The Company’s products also include business network solutions comprising business-to-business integration, fax solutions, and secure messaging; analytics solutions, including embedded reporting and visualization, and big data analysis; and discovery solutions consisting of search, semantic navigation, and auto classification, as well as InfoFusion to deal with the issue of ‘information silosÂ’ resulting from disconnected information sources across the enterprise.

The stock decreased 0.68% or $0.24 during the last trading session, reaching $35.11. About 483,978 shares traded. Open Text Corporation (NASDAQ:OTEX) has risen 15.94% since February 17, 2017 and is uptrending. It has underperformed by 0.76% the S&P500.

Verity Asset Management Inc increased Pimco Etf Tr Enhanced Short Mat Active Etf (MINT) stake by 3,484 shares to 92,414 valued at $9.41 million in 2017Q3. It also upped Ps Db Usd Idx Bl Fd (UUP) stake by 19,811 shares and now owns 46,891 shares. Ishares Floating Rate Bond Etf (FLOT) was raised too.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.16, from 1.15 in 2017Q2. It dived, as 58 investors sold AMGN shares while 511 reduced holdings. 108 funds opened positions while 453 raised stakes. 555.05 million shares or 0.41% less from 557.32 million shares in 2017Q2 were reported. Palouse holds 2.05% in Amgen Inc. (NASDAQ:AMGN) or 32,916 shares. Boyer Corporon Wealth Lc has 0.16% invested in Amgen Inc. (NASDAQ:AMGN) for 2,070 shares. Steinberg Asset Mngmt owns 13,213 shares. North Carolina-based Boys Arnold And has invested 0.19% in Amgen Inc. (NASDAQ:AMGN). M Hldg reported 0.18% stake. First Republic Management invested in 0.79% or 591,008 shares. Brinker Cap accumulated 12,662 shares. Manning & Napier Advsr Lc accumulated 114,745 shares or 0.18% of the stock. Nomura Asset Mngmt has 537,372 shares. Rockland Trust holds 0.03% or 1,210 shares in its portfolio. Northside Management Ltd Liability Co has 2,871 shares for 0.22% of their portfolio. Burney accumulated 9,433 shares. Convergence Investment Prtnrs Ltd reported 44,382 shares stake. Westpac Banking stated it has 0.33% of its portfolio in Amgen Inc. (NASDAQ:AMGN). Nippon Life Glob Invsts Americas owns 66,330 shares.

Among 25 analysts covering Amgen Inc. (NASDAQ:AMGN), 11 have Buy rating, 0 Sell and 14 Hold. Therefore 44% are positive. Amgen Inc. had 86 analyst reports since August 3, 2015 according to SRatingsIntel. As per Friday, August 26, the company rating was initiated by Gabelli. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, October 26 report. As per Monday, February 12, the company rating was maintained by Mizuho. The rating was initiated by Credit Suisse on Wednesday, January 20 with “Outperform”. The firm earned “Buy” rating on Tuesday, November 8 by Mizuho. The firm has “Neutral” rating given on Thursday, February 25 by Citigroup. Oppenheimer maintained the shares of AMGN in report on Wednesday, July 12 with “Buy” rating. The firm has “Buy” rating by Piper Jaffray given on Thursday, February 1. The firm has “Neutral” rating given on Friday, July 29 by Citigroup. The firm earned “Hold” rating on Friday, October 20 by BMO Capital Markets.

Since October 9, 2017, it had 0 buys, and 3 insider sales for $836,311 activity. 1,525 shares were sold by Harper Sean E, worth $283,574 on Monday, October 9.

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