Enlink Midstream Partners LP (ENLK) Holder Tph Asset Management Trimmed Stake by $2.97 Million; Baker Bros Advisors LP Boosted Ignyta (RXDX) Holding by $4.84 Million as Stock Value Declined

February 21, 2018 - By Winifred Garcia

Tph Asset Management Llc decreased its stake in Enlink Midstream Partners Lp (ENLK) by 93.23% based on its latest 2017Q3 regulatory filing with the SEC. Tph Asset Management Llc sold 185,846 shares as the company’s stock declined 7.22% while stock markets rallied. The hedge fund held 13,503 shares of the public utilities company at the end of 2017Q3, valued at $226,000, down from 199,349 at the end of the previous reported quarter. Tph Asset Management Llc who had been investing in Enlink Midstream Partners Lp for a number of months, seems to be less bullish one the $5.62B market cap company. The stock decreased 2.02% or $0.33 during the last trading session, reaching $16.03. About 92,713 shares traded. EnLink Midstream Partners, LP (NYSE:ENLK) has risen 17.95% since February 21, 2017 and is uptrending. It has outperformed by 1.25% the S&P500.

Julian Baker increased its stake in Ignyta Inc. (RXDX) by 45% based on its latest 2017Q3 regulatory filing with the SEC. Baker Bros Advisors Lp bought 403,199 shares as the company’s stock declined 28.13% while stock markets rallied. The hedge fund run by Julian Baker held 1.30 million shares of the health care company at the end of 2017Q3, valued at $16.05M, up from 896,000 at the end of the previous reported quarter. Baker Bros Advisors Lp who had been investing in Ignyta Inc. for a number of months, seems to be bullish on the $1.82B market cap company. It closed at $26.95 lastly. It is down 14.24% since February 21, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Tph Asset Management Llc, which manages about $865.56M and $892.62 million US Long portfolio, upped its stake in Halliburton Co (NYSE:HAL) by 158,118 shares to 760,843 shares, valued at $35.02 million in 2017Q3, according to the filing. It also increased its holding in Diamondback Energy Inc (NASDAQ:FANG) by 64,944 shares in the quarter, for a total of 280,252 shares, and has risen its stake in Antero Midstream Gp Lp.

Among 19 analysts covering Enlink Midstream Partners (NYSE:ENLK), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. Enlink Midstream Partners had 55 analyst reports since August 6, 2015 according to SRatingsIntel. Goldman Sachs reinitiated the stock with “Neutral” rating in Friday, November 17 report. The stock has “Buy” rating by Robert W. Baird on Tuesday, September 26. The company was maintained on Monday, July 17 by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, August 2 by Stifel Nicolaus. RBC Capital Markets maintained EnLink Midstream Partners, LP (NYSE:ENLK) on Monday, October 9 with “Buy” rating. The stock of EnLink Midstream Partners, LP (NYSE:ENLK) earned “Buy” rating by Citigroup on Thursday, November 2. Wunderlich maintained EnLink Midstream Partners, LP (NYSE:ENLK) on Thursday, August 6 with “Buy” rating. The company was maintained on Thursday, August 6 by RBC Capital Markets. The company was upgraded on Thursday, January 12 by Raymond James. The stock of EnLink Midstream Partners, LP (NYSE:ENLK) has “Buy” rating given on Wednesday, September 23 by Jefferies.

Among 10 analysts covering Ignyta (NASDAQ:RXDX), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Ignyta had 20 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Tuesday, March 15 by Credit Suisse. Cantor Fitzgerald maintained it with “Buy” rating and $1500 target in Sunday, June 4 report. The stock of Ignyta, Inc. (NASDAQ:RXDX) earned “Overweight” rating by JP Morgan on Thursday, June 23. The firm has “Buy” rating given on Monday, October 26 by Canaccord Genuity. The rating was initiated by Cantor Fitzgerald on Monday, October 26 with “Buy”. Piper Jaffray maintained Ignyta, Inc. (NASDAQ:RXDX) rating on Wednesday, August 12. Piper Jaffray has “Overweight” rating and $34 target. The firm has “Neutral” rating given on Tuesday, December 26 by Ladenburg Thalmann. The firm has “Buy” rating by SunTrust given on Tuesday, November 21. As per Friday, October 23, the company rating was initiated by Jefferies. The rating was initiated by Credit Suisse with “Outperform” on Thursday, January 21.

Investors sentiment decreased to 2.28 in 2017 Q3. Its down 0.68, from 2.96 in 2017Q2. It fall, as 14 investors sold RXDX shares while 18 reduced holdings. 35 funds opened positions while 38 raised stakes. 44.98 million shares or 5.65% more from 42.58 million shares in 2017Q2 were reported. Rhumbline Advisers stated it has 0% in Ignyta, Inc. (NASDAQ:RXDX). Nationwide Fund Advsr holds 0.01% or 140,818 shares. Barclays Plc accumulated 26,109 shares. Meeder Asset Mgmt owns 186 shares or 0% of their US portfolio. Grp One Trading LP holds 0% or 500 shares. Bailard Inc accumulated 55,000 shares. Prelude Mgmt Ltd Liability Co has 0% invested in Ignyta, Inc. (NASDAQ:RXDX). Deutsche Bank & Trust Ag reported 152,070 shares stake. American Int Inc, a New York-based fund reported 33,504 shares. Pacad Invest Ltd stated it has 0% of its portfolio in Ignyta, Inc. (NASDAQ:RXDX). Altrinsic Glob Advsr Ltd Llc holds 160,000 shares. Artal Gp accumulated 0.19% or 900,000 shares. Knott David M has 67,700 shares. Parallax Volatility Advisers Lp has invested 0% in Ignyta, Inc. (NASDAQ:RXDX). Granite Point Mngmt Lp stated it has 50,000 shares or 0.13% of all its holdings.

Baker Bros Advisors Lp, which manages about $8.20B and $12.33B US Long portfolio, decreased its stake in Cerus Corporation (NASDAQ:CERS) by 496,734 shares to 9.75M shares, valued at $26.60 million in 2017Q3, according to the filing. It also reduced its holding in Achaogen Inc. (NASDAQ:AKAO) by 917,726 shares in the quarter, leaving it with 3.89 million shares, and cut its stake in Loxo Oncology Inc. (NASDAQ:LOXO).

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