Holder Saratoga Research & Investment Management Upped Biogen (BIIB) Stake; Armistice Capital Has Cut Its Seaworld Entmt (Call) (SEAS) Position by $6.00 Million

February 21, 2018 - By Winifred Garcia

Armistice Capital Llc decreased its stake in Seaworld Entmt Inc (Call) (SEAS) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Armistice Capital Llc sold 500,000 shares as the company’s stock declined 5.93% while stock markets rallied. The institutional investor held 500,000 shares of the consumer services company at the end of 2017Q3, valued at $6.50M, down from 1.00M at the end of the previous reported quarter. Armistice Capital Llc who had been investing in Seaworld Entmt Inc (Call) for a number of months, seems to be less bullish one the $1.39B market cap company. The stock decreased 1.98% or $0.31 during the last trading session, reaching $15.38. About 2.35 million shares traded or 16.21% up from the average. SeaWorld Entertainment, Inc. (NYSE:SEAS) has risen 3.38% since February 21, 2017 and is uptrending. It has underperformed by 13.32% the S&P500.

Saratoga Research & Investment Management increased its stake in Biogen Inc (BIIB) by 2.87% based on its latest 2017Q3 regulatory filing with the SEC. Saratoga Research & Investment Management bought 3,947 shares as the company’s stock declined 13.45% while stock markets rallied. The institutional investor held 141,509 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $44.31M, up from 137,562 at the end of the previous reported quarter. Saratoga Research & Investment Management who had been investing in Biogen Inc for a number of months, seems to be bullish on the $60.81B market cap company. The stock decreased 1.51% or $4.42 during the last trading session, reaching $287.45. About 2.00 million shares traded or 48.47% up from the average. Biogen Inc. (NASDAQ:BIIB) has risen 4.94% since February 21, 2017 and is uptrending. It has underperformed by 11.76% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.25, from 0.88 in 2017Q2. It increased, as 59 investors sold BIIB shares while 283 reduced holdings. 96 funds opened positions while 292 raised stakes. 181.16 million shares or 0.28% more from 180.66 million shares in 2017Q2 were reported. Legal & General Gru Public Lc holds 0.26% in Biogen Inc. (NASDAQ:BIIB) or 1.09 million shares. Credit Agricole S A invested 0.19% of its portfolio in Biogen Inc. (NASDAQ:BIIB). Penobscot Investment Management has 0.08% invested in Biogen Inc. (NASDAQ:BIIB). Comml Bank invested 0% in Biogen Inc. (NASDAQ:BIIB). Stoneridge Partners Limited Co has 52,608 shares. Fernwood Invest Management Lc invested in 9,900 shares or 1.94% of the stock. Japan-based Nippon Life Ins has invested 0.04% in Biogen Inc. (NASDAQ:BIIB). Oakbrook Invs Ltd Llc stated it has 52,970 shares or 1.07% of all its holdings. 345,740 were accumulated by Hsbc Holdings Public Limited Com. Old Mutual Customised Solutions (Proprietary) Limited holds 0.33% or 7,795 shares in its portfolio. Moreover, Fuller & Thaler Asset Management has 0.08% invested in Biogen Inc. (NASDAQ:BIIB). Regentatlantic Ltd Com invested 0.14% of its portfolio in Biogen Inc. (NASDAQ:BIIB). Nine Masts Capital owns 1,820 shares. Ajo Limited Partnership reported 0.16% in Biogen Inc. (NASDAQ:BIIB). Qci Asset Mngmt Inc stated it has 261 shares or 0.01% of all its holdings.

Saratoga Research & Investment Management, which manages about $1.40 billion and $1.31 billion US Long portfolio, decreased its stake in Becton Dickinson & Co (NYSE:BDX) by 3,636 shares to 120,336 shares, valued at $23.58 million in 2017Q3, according to the filing. It also reduced its holding in Johnson & Johnson (NYSE:JNJ) by 7,568 shares in the quarter, leaving it with 258,642 shares, and cut its stake in Total System Services (NYSE:TSS).

Since January 9, 2018, it had 0 buys, and 1 sale for $1.92 million activity.

Among 33 analysts covering Biogen Idec Inc. (NASDAQ:BIIB), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. Biogen Idec Inc. had 113 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Biogen Inc. (NASDAQ:BIIB) earned “Overweight” rating by Morgan Stanley on Thursday, October 5. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, October 25. The company was maintained on Tuesday, January 16 by Canaccord Genuity. The firm has “Neutral” rating given on Wednesday, July 26 by UBS. The firm has “Buy” rating given on Tuesday, August 25 by Cowen & Co. The stock of Biogen Inc. (NASDAQ:BIIB) has “Overweight” rating given on Monday, November 7 by Piper Jaffray. Wells Fargo maintained the stock with “Outperform” rating in Friday, December 4 report. The firm has “Buy” rating given on Wednesday, December 20 by Credit Suisse. As per Thursday, January 25, the company rating was maintained by Cowen & Co. On Thursday, November 5 the stock rating was upgraded by Piper Jaffray to “Overweight”.

Investors sentiment increased to 1.53 in 2017 Q3. Its up 0.57, from 0.96 in 2017Q2. It is positive, as 21 investors sold SEAS shares while 32 reduced holdings. 32 funds opened positions while 49 raised stakes. 68.16 million shares or 4.91% more from 64.97 million shares in 2017Q2 were reported. Whittier Tru Com Of Nevada Inc has 0% invested in SeaWorld Entertainment, Inc. (NYSE:SEAS). J Goldman & Ltd Partnership owns 2,500 shares. Sei Invests Co invested in 5,355 shares. Massachusetts-based Rhumbline Advisers has invested 0% in SeaWorld Entertainment, Inc. (NYSE:SEAS). Barrow Hanley Mewhinney Strauss Llc invested in 0.15% or 7.60M shares. Voloridge Investment Ltd Liability Company accumulated 275,698 shares or 0.08% of the stock. New York-based Tiaa Cref Investment Ltd Liability has invested 0% in SeaWorld Entertainment, Inc. (NYSE:SEAS). Royal Bancshares Of Canada owns 156,112 shares or 0% of their US portfolio. Ny State Common Retirement Fund reported 447,893 shares stake. Ngam Advsr LP has 79,035 shares. Quantitative Invest Mgmt Limited Liability Co reported 158,900 shares stake. Bnp Paribas Arbitrage Sa invested 0% in SeaWorld Entertainment, Inc. (NYSE:SEAS). Sg Americas Securities Lc stated it has 0.01% of its portfolio in SeaWorld Entertainment, Inc. (NYSE:SEAS). Illinois-based Citadel Advsrs Limited Liability Corporation has invested 0.01% in SeaWorld Entertainment, Inc. (NYSE:SEAS). Savings Bank Of New York Mellon owns 673,628 shares.

Among 16 analysts covering SeaWorld Entertainment Inc (NYSE:SEAS), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. SeaWorld Entertainment Inc had 50 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Thursday, November 12 by Bank of America. The rating was upgraded by Citigroup on Thursday, September 22 to “Buy”. The rating was downgraded by Macquarie Research on Thursday, July 27 to “Hold”. The rating was downgraded by B. Riley & Co on Thursday, August 3 to “Market Perform”. The company was reinitiated on Wednesday, December 9 by Macquarie Research. The stock of SeaWorld Entertainment, Inc. (NYSE:SEAS) has “Neutral” rating given on Monday, November 14 by Citigroup. Citigroup upgraded it to “Hold” rating and $1500 target in Friday, July 28 report. As per Friday, September 15, the company rating was maintained by Citigroup. The firm has “Neutral” rating given on Friday, April 15 by Citigroup. Credit Suisse downgraded it to “Underperform” rating and $15 target in Wednesday, May 11 report.

Analysts await SeaWorld Entertainment, Inc. (NYSE:SEAS) to report earnings on February, 27 before the open. They expect $-0.18 EPS, down 28.57% or $0.04 from last year’s $-0.14 per share. After $0.64 actual EPS reported by SeaWorld Entertainment, Inc. for the previous quarter, Wall Street now forecasts -128.13% negative EPS growth.

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