Zevenbergen Capital Investments Position in Exact Sciences (EXAS) Cut by $7.31 Million; As Schwab Charles New (SCHW) Market Valuation Declined, Holder Theleme Partners Llp Lowered Stake

February 20, 2018 - By Ellis Scott

Zevenbergen Capital Investments Llc decreased its stake in Exact Sciences Corporation (EXAS) by 6.85% based on its latest 2017Q3 regulatory filing with the SEC. Zevenbergen Capital Investments Llc sold 155,570 shares as the company’s stock rose 53.09% with the market. The institutional investor held 2.12M shares of the commercial physical & biological resarch company at the end of 2017Q3, valued at $99.70M, down from 2.27M at the end of the previous reported quarter. Zevenbergen Capital Investments Llc who had been investing in Exact Sciences Corporation for a number of months, seems to be less bullish one the $5.85 billion market cap company. The stock decreased 0.57% or $0.28 during the last trading session, reaching $48.86. About 1.23M shares traded. Exact Sciences Corporation (NASDAQ:EXAS) has risen 458.24% since February 20, 2017 and is uptrending. It has outperformed by 441.54% the S&P500.

Patrick Degorce decreased its stake in Schwab Charles Corp New (SCHW) by 10.7% based on its latest 2017Q3 regulatory filing with the SEC. Theleme Partners Llp sold 1.35 million shares as the company’s stock declined 7.92% while stock markets rallied. The hedge fund run by Patrick Degorce held 11.26M shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $492.60 million, down from 12.61M at the end of the previous reported quarter. Theleme Partners Llp who had been investing in Schwab Charles Corp New for a number of months, seems to be less bullish one the $69.94B market cap company. The stock decreased 0.31% or $0.16 during the last trading session, reaching $52.17. About 5.89 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since February 20, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.26, from 1.27 in 2017Q2. It fall, as 39 investors sold EXAS shares while 81 reduced holdings. 44 funds opened positions while 77 raised stakes. 93.65 million shares or 1.18% less from 94.77 million shares in 2017Q2 were reported. Jpmorgan Chase & Commerce holds 2.87 million shares. Parkside Comml Bank & owns 91 shares. Amalgamated Retail Bank, New York-based fund reported 14,964 shares. Tiaa Cref Invest Mgmt Limited Liability Company owns 330,288 shares. Hsbc Holdings Public Ltd Co stated it has 7,334 shares. Southport Mngmt Limited Liability has invested 1.88% in Exact Sciences Corporation (NASDAQ:EXAS). 4,340 were reported by Ww Asset Mgmt. Envestnet Asset Management reported 2,552 shares. Fiera Cap has 0.02% invested in Exact Sciences Corporation (NASDAQ:EXAS) for 93,416 shares. 661,937 are owned by Fincl Bank Of New York Mellon Corporation. Palo Alto Invsts stated it has 433,076 shares. 17,593 are held by Cambridge Investment Research. M&T Bancorporation reported 13,683 shares. Huntington Bankshares owns 1,023 shares. Skylands Capital Lc invested in 1.48% or 236,300 shares.

Since September 1, 2017, it had 0 buys, and 8 insider sales for $27.11 million activity. Conroy Kevin T had sold 110,439 shares worth $5.58M on Tuesday, January 23. The insider LIDGARD GRAHAM PETER sold 75,683 shares worth $3.09M.

Zevenbergen Capital Investments Llc, which manages about $2.92B and $2.30 billion US Long portfolio, upped its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 3,127 shares to 129,555 shares, valued at $29.29 million in 2017Q3, according to the filing. It also increased its holding in Proofpoint Inc. (NASDAQ:PFPT) by 59,785 shares in the quarter, for a total of 597,545 shares, and has risen its stake in 2U Inc. (NASDAQ:TWOU).

Among 18 analysts covering EXACT Sciences (NASDAQ:EXAS), 10 have Buy rating, 1 Sell and 7 Hold. Therefore 56% are positive. EXACT Sciences had 65 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Exact Sciences Corporation (NASDAQ:EXAS) has “Buy” rating given on Thursday, September 7 by Canaccord Genuity. The rating was maintained by Benchmark on Tuesday, July 21 with “Buy”. Canaccord Genuity maintained Exact Sciences Corporation (NASDAQ:EXAS) on Thursday, July 20 with “Buy” rating. The stock of Exact Sciences Corporation (NASDAQ:EXAS) has “Buy” rating given on Thursday, August 24 by Leerink Swann. The rating was maintained by Leerink Swann on Thursday, September 21 with “Outperform”. Mizuho downgraded the stock to “Neutral” rating in Wednesday, May 4 report. The firm earned “Buy” rating on Wednesday, December 20 by Cowen & Co. The rating was maintained by Jefferies on Tuesday, July 4 with “Buy”. As per Wednesday, June 7, the company rating was maintained by Canaccord Genuity. As per Tuesday, October 31, the company rating was maintained by Robert W. Baird.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.27, from 1.3 in 2017Q2. It dropped, as 41 investors sold SCHW shares while 299 reduced holdings. 75 funds opened positions while 275 raised stakes. 1.04 billion shares or 0.62% less from 1.05 billion shares in 2017Q2 were reported. Griffin Asset Mgmt Incorporated invested 0.32% in The Charles Schwab Corporation (NYSE:SCHW). Fort Washington Inv Oh owns 159,620 shares for 0.11% of their portfolio. Glob X Mgmt Lc reported 0.02% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Thompson Davis And Incorporated reported 0.03% in The Charles Schwab Corporation (NYSE:SCHW). Bamco New York reported 1.39% stake. Allen Management Limited Liability Company holds 3.06% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 1.53 million shares. Stifel Fincl Corp holds 0.05% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 352,153 shares. Illinois-based Rmb Cap Mngmt Ltd has invested 0.01% in The Charles Schwab Corporation (NYSE:SCHW). Moreover, Gardner Lewis Asset Management LP has 0.27% invested in The Charles Schwab Corporation (NYSE:SCHW). Nordea Investment Management has 0.03% invested in The Charles Schwab Corporation (NYSE:SCHW). Davis R M has invested 0.01% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Sun Life Fincl holds 8,740 shares. Torray Llc reported 539,218 shares. Pinnacle Advisory Grp Inc has 7,753 shares. Ptnrs Limited Com holds 0.89% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 617,100 shares.

Among 23 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Charles Schwab had 91 analyst reports since August 11, 2015 according to SRatingsIntel. CLSA maintained The Charles Schwab Corporation (NYSE:SCHW) on Thursday, September 22 with “Outperform” rating. Barclays Capital initiated The Charles Schwab Corporation (NYSE:SCHW) rating on Friday, September 8. Barclays Capital has “Overweight” rating and $48 target. UBS reinitiated the stock with “Buy” rating in Monday, March 13 report. The firm has “Buy” rating given on Wednesday, March 23 by Argus Research. On Wednesday, January 13 the stock rating was downgraded by Bank of America to “Neutral”. On Friday, December 18 the stock rating was downgraded by Piper Jaffray to “Neutral”. Morgan Stanley maintained the shares of SCHW in report on Thursday, October 5 with “Overweight” rating. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Hold” rating given on Monday, July 24 by Nomura. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Buy” rating given on Wednesday, December 27 by Suntrust Robinson. Nomura maintained the stock with “Buy” rating in Monday, April 4 report.

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