Achaogen, Inc. (AKAO) Reaches $12.39 After 9.00% Up Move; Western Asset Mortgage Capital Has 0.94 Sentiment

April 15, 2018 - By Adrian Erickson

Achaogen, Inc. (NASDAQ:AKAO) Logo

Western Asset Mortgage Capital Corp (WMC) investors sentiment decreased to 0.94 in Q4 2017. It’s down -0.77, from 1.71 in 2017Q3. The ratio has worsened, as 33 active investment managers increased or started new stock positions, while 35 decreased and sold stock positions in Western Asset Mortgage Capital Corp. The active investment managers in our database now hold: 16.29 million shares, up from 16.14 million shares in 2017Q3. Also, the number of active investment managers holding Western Asset Mortgage Capital Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 25 Increased: 21 New Position: 12.

The stock of Achaogen, Inc. (NASDAQ:AKAO) is a huge mover today! The stock increased 5.72% or $0.67 during the last trading session, reaching $12.39. About 1.46M shares traded or 26.32% up from the average. Achaogen, Inc. (NASDAQ:AKAO) has declined 41.74% since April 15, 2017 and is downtrending. It has underperformed by 53.29% the S&P500.The move comes after 5 months positive chart setup for the $554.15 million company. It was reported on Apr, 15 by Barchart.com. We have $13.51 PT which if reached, will make NASDAQ:AKAO worth $49.87M more.

Western Asset Mortgage Capital Corporation operates as a real estate investment trust in the United States. The company has market cap of $399.29 million. It primarily focuses on investing in, financing, and managing a portfolio of agency and non-agency residential mortgage-backed securities and commercial mortgage-backed securities, residential whole-loans, and other financial assets. It has a 4.72 P/E ratio. The firm qualifies as a real estate investment trust for federal income tax purposes.

Cordasco Financial Network holds 0.07% of its portfolio in Western Asset Mortgage Capital Corporation for 6,500 shares. Wolverine Asset Management Llc owns 463,822 shares or 0.05% of their US portfolio. Moreover, Hancock Holding Co has 0.04% invested in the company for 100,000 shares. The New York-based Bbr Partners Llc has invested 0.02% in the stock. Indexiq Advisors Llc, a New York-based fund reported 45,203 shares.

The stock decreased 1.03% or $0.1 during the last trading session, reaching $9.58. About 368,725 shares traded or 19.61% up from the average. Western Asset Mortgage Capital Corporation (WMC) has declined 0.91% since April 15, 2017 and is downtrending. It has underperformed by 12.46% the S&P500.

Achaogen, Inc., a late-stage biopharmaceutical company, discovers, develops, and commercializes antibacterials to treat multi-drug resistant gram-negative infections in the United States. The company has market cap of $554.15 million. The firm is principally developing plazomicin, which is in Phase III clinical trial for the treatment of serious bacterial infections, including urinary tract infections, blood stream infections, and other infections due to MDR Enterobacteriaceae comprising carbapenem-resistant Enterobacteriaceae. It currently has negative earnings. It is also involved in the research and development of antipseudomonal LpxC inhibitor compounds for the treatment of bacterial infections; and therapeutic antibody discovery program.

Since December 18, 2017, it had 9 insider purchases, and 5 selling transactions for $10.50 million activity. 95,012 shares valued at $1.06 million were bought by DUGGAN ROBERT W on Monday, December 18. 1,108 Achaogen, Inc. (NASDAQ:AKAO) shares with value of $11,822 were sold by Schilke Tobin. Another trade for 2,735 shares valued at $32,109 was sold by Hillan Kenneth J.. $13,679 worth of Achaogen, Inc. (NASDAQ:AKAO) was sold by Swem Lee. Shares for $17,499 were sold by Wise Blake.

Among 10 analysts covering Achaogen (NASDAQ:AKAO), 9 have Buy rating, 1 Sell and 0 Hold. Therefore 90% are positive. Achaogen had 25 analyst reports since March 16, 2016 according to SRatingsIntel. The rating was maintained by Wedbush with “Outperform” on Wednesday, February 1. The stock of Achaogen, Inc. (NASDAQ:AKAO) has “Hold” rating given on Wednesday, March 16 by Needham. The firm has “Outperform” rating given on Wednesday, January 4 by Leerink Swann. The firm earned “Buy” rating on Tuesday, February 7 by Stifel Nicolaus. The company was upgraded on Monday, November 28 by Cowen & Co. Stifel Nicolaus maintained Achaogen, Inc. (NASDAQ:AKAO) rating on Tuesday, July 25. Stifel Nicolaus has “Buy” rating and $3100 target. Wedbush upgraded the shares of AKAO in report on Tuesday, June 14 to “Outperform” rating. The company was maintained on Wednesday, February 14 by Wedbush. The stock has “Buy” rating by Needham on Friday, September 15. The stock of Achaogen, Inc. (NASDAQ:AKAO) has “Buy” rating given on Thursday, August 3 by Stifel Nicolaus.

Western Asset Mortgage Capital Corporation (NYSE:WMC) Institutional Positions Chart

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