Investec Asset Management North America Has Lifted Celgene (CELG) Holding By $449,790; Universal Forest Products (UFPI) Sentiment Is 1.09

February 21, 2018 - By Nellie Frank

Investec Asset Management North America Inc increased Celgene Corp (CELG) stake by 3.64% reported in 2017Q3 SEC filing. Investec Asset Management North America Inc acquired 3,102 shares as Celgene Corp (CELG)’s stock declined 3.49%. The Investec Asset Management North America Inc holds 88,362 shares with $12.89 million value, up from 85,260 last quarter. Celgene Corp now has $71.49B valuation. The stock increased 1.27% or $1.19 during the last trading session, reaching $95.04. About 1.85 million shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since February 21, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Universal Forest Products, Inc., through its subsidiaries, designs, makes, and markets wood and wood-alternative products for home centers and other retailers. The company has market cap of $2.24 billion. The firm offers preserved and unpreserved dimensional lumber; outdoor living products, including wood composite decking, and decorative lawn and garden products; and engineered wood components, which include roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. It has a 20.64 P/E ratio. It also provides roof trusses, lumber cut and shaped, plywood, oriented strand board, and dimensional lumber products for use in the construction of manufactured housings; and designs, makes, and installs in-store environments.

Since September 5, 2017, it had 1 buying transaction, and 3 insider sales for $2.54 million activity. 3,260 shares valued at $299,594 were bought by Alles Mark J on Thursday, February 8. KAPLAN GILLA had sold 9,250 shares worth $1.31 million. 9,250 shares valued at $1.29 million were sold by CASEY MICHAEL D on Tuesday, September 5. 1,727 shares were sold by Curran Terrie, worth $248,498 on Monday, September 25.

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 19 have Buy rating, 2 Sell and 12 Hold. Therefore 58% are positive. Celgene Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, January 25 by Piper Jaffray. As per Thursday, January 14, the company rating was initiated by Standpoint Research. The company was maintained on Thursday, July 6 by Stifel Nicolaus. The firm has “Buy” rating by RBC Capital Markets given on Thursday, October 19. On Friday, December 22 the stock rating was maintained by SunTrust with “Buy”. Cowen & Co maintained Celgene Corporation (NASDAQ:CELG) rating on Friday, October 20. Cowen & Co has “Buy” rating and $150.0 target. Guggenheim maintained Celgene Corporation (NASDAQ:CELG) on Thursday, January 25 with “Buy” rating. On Friday, June 23 the stock rating was maintained by Jefferies with “Buy”. Mizuho initiated the shares of CELG in report on Tuesday, November 8 with “Buy” rating. The stock of Celgene Corporation (NASDAQ:CELG) has “Hold” rating given on Wednesday, November 9 by Standpoint Research.

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.17, from 1.34 in 2017Q2. It turned negative, as 44 investors sold CELG shares while 457 reduced holdings. 133 funds opened positions while 451 raised stakes. 603.99 million shares or 0.25% more from 602.51 million shares in 2017Q2 were reported. Beach Mngmt Lc holds 2.47% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 9,740 shares. 582 were reported by Baystate Wealth Management Limited Liability Company. Truenorth has invested 1.63% in Celgene Corporation (NASDAQ:CELG). Confluence Wealth Mngmt Ltd holds 0.45% or 6,354 shares in its portfolio. Hilltop Hldg has 4,798 shares. Finance Capital Mngmt Limited Liability Company reported 27,100 shares. Montecito Bank, a California-based fund reported 2,771 shares. Greenwood Cap Ltd holds 0.68% or 18,771 shares. Rhumbline Advisers holds 1.32M shares or 0.42% of its portfolio. Whittier Trust holds 115,315 shares. Asset One Ltd, a Japan-based fund reported 1.24M shares. Private Ocean Ltd accumulated 300 shares. Alkeon Cap Mgmt Ltd Liability Com accumulated 1.78 million shares. Highstreet Asset Mgmt reported 10,859 shares. Sit Assoc Inc reported 64,995 shares.

Investec Asset Management North America Inc decreased Quest Diagnostics Inc (NYSE:DGX) stake by 7,569 shares to 7,158 valued at $670,000 in 2017Q3. It also reduced Suntrust Banks Inc (NYSE:STI) stake by 174,898 shares and now owns 33,888 shares. Unitedhealth Group Inc (NYSE:UNH) was reduced too.

Since January 1, 0001, it had 0 insider buys, and 8 insider sales for $2.26 million activity.

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