Analysts See $-0.04 EPS for Primo Water (PRMW); First Republic Investment Management Has Cut Biogen (BIIB) Stake By $1.18 Million

April 17, 2018 - By Ellis Scott

Primo Water Corporation (NASDAQ:PRMW) Logo

First Republic Investment Management Inc decreased Biogen Inc (BIIB) stake by 7.93% reported in 2017Q4 SEC filing. First Republic Investment Management Inc sold 3,717 shares as Biogen Inc (BIIB)’s stock declined 17.01%. The First Republic Investment Management Inc holds 43,142 shares with $13.74 million value, down from 46,859 last quarter. Biogen Inc now has $56.70B valuation. The stock increased 1.86% or $4.91 during the last trading session, reaching $268.02. About 688,349 shares traded. Biogen Inc. (NASDAQ:BIIB) has declined 3.66% since April 17, 2017 and is downtrending. It has underperformed by 15.21% the S&P500.

Analysts expect Primo Water Corporation (NASDAQ:PRMW) to report $-0.04 EPS on May, 8.They anticipate $0.33 EPS change or 89.19% from last quarter’s $-0.37 EPS. After having $-0.02 EPS previously, Primo Water Corporation’s analysts see 100.00% EPS growth. The stock increased 1.47% or $0.18 during the last trading session, reaching $12.46. About 213,718 shares traded or 29.84% up from the average. Primo Water Corporation (NASDAQ:PRMW) has declined 14.42% since April 17, 2017 and is downtrending. It has underperformed by 25.97% the S&P500.

Primo Water Corporation, together with its subsidiaries, provides multi-gallon purified bottled water, self-service refill water, and water dispensers in the United States and Canada. The company has market cap of $385.81 million. The firm operates in two divisions, Primo Water and Primo Dispensers. It currently has negative earnings. The Primo Water segment offers exchange and refill products through point of purchase display racks, or self-serve filtered water displays and recycling centers.

Investors sentiment increased to 1.65 in 2017 Q4. Its up 0.25, from 1.4 in 2017Q3. It increased, as 11 investors sold Primo Water Corporation shares while 23 reduced holdings. 26 funds opened positions while 30 raised stakes. 19.33 million shares or 2.56% more from 18.85 million shares in 2017Q3 were reported. Thompson Davis & Inc holds 0.52% or 17,475 shares in its portfolio. Ny State Common Retirement Fund reported 0% in Primo Water Corporation (NASDAQ:PRMW). Gp One Trading Ltd Partnership owns 45,886 shares. Moreover, Int Grp Inc Inc Inc has 0% invested in Primo Water Corporation (NASDAQ:PRMW). Portolan Limited Liability invested in 1.52% or 1.10M shares. Sei Com accumulated 0% or 9,136 shares. Los Angeles Cap Mgmt & Equity accumulated 52,940 shares. Vanguard Grp Inc holds 0% in Primo Water Corporation (NASDAQ:PRMW) or 1.21 million shares. 31,145 are held by Da Davidson & Co. Parallax Volatility Advisers L P owns 3,822 shares. Walleye Trading Limited Com has 0.01% invested in Primo Water Corporation (NASDAQ:PRMW) for 94,314 shares. Wells Fargo And Comm Mn, California-based fund reported 136,037 shares. Blackrock invested 0% of its portfolio in Primo Water Corporation (NASDAQ:PRMW). Us Bancorporation De invested 0% of its portfolio in Primo Water Corporation (NASDAQ:PRMW). Alliancebernstein L P accumulated 15,300 shares.

Among 6 analysts covering Primo Water (NASDAQ:PRMW), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Primo Water had 11 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 11 by Barrington Research. The firm earned “Buy” rating on Monday, November 6 by FBR Capital. As per Tuesday, December 29, the company rating was upgraded by Barrington Research. The firm has “Market Perform” rating by Barrington Research given on Friday, October 30. The company was upgraded on Wednesday, August 5 by Zacks. FBR Capital maintained the shares of PRMW in report on Monday, March 5 with “Buy” rating. Northland Capital maintained the shares of PRMW in report on Tuesday, October 3 with “Buy” rating. Northland Capital maintained the stock with “Buy” rating in Monday, August 7 report.

Since March 9, 2018, it had 3 insider buys, and 0 insider sales for $26,425 activity. Another trade for 85 shares valued at $1,020 was made by Sheehan Matthew on Friday, March 9. $11,965 worth of Primo Water Corporation (NASDAQ:PRMW) shares were bought by Hass David W.. Another trade for 1,120 shares valued at $13,440 was made by Kilgore Jack C. on Friday, March 9.

Since January 9, 2018, it had 0 insider buys, and 5 sales for $2.87 million activity. The insider Sandrock Alfred sold 743 shares worth $216,956. The insider PANGIA ROBERT W sold 5,832 shares worth $1.92M.

Investors sentiment increased to 1.17 in Q4 2017. Its up 0.04, from 1.13 in 2017Q3. It increased, as 46 investors sold BIIB shares while 305 reduced holdings. 105 funds opened positions while 305 raised stakes. 180.65 million shares or 0.28% less from 181.16 million shares in 2017Q3 were reported. Asset Mgmt One Comm Ltd holds 0.25% or 356,893 shares in its portfolio. Truenorth holds 0.66% or 4,630 shares. Security Trust owns 217 shares or 0.02% of their US portfolio. Tiemann Invest Limited Liability Corp stated it has 637 shares. Moreover, Northeast Consultants has 0.29% invested in Biogen Inc. (NASDAQ:BIIB) for 2,743 shares. Wealthtrust Fairport Limited Co reported 6,333 shares. 6,320 were accumulated by Tci Wealth Advisors Incorporated. Northwestern Mutual Wealth Mgmt reported 0.06% stake. Confluence Wealth Mngmt Ltd Llc has 2,333 shares for 0.35% of their portfolio. Tudor Investment Et Al reported 3,354 shares. Hl Financial Svcs Lc holds 4,817 shares. Samlyn Limited Liability holds 2.44% of its portfolio in Biogen Inc. (NASDAQ:BIIB) for 334,114 shares. Ct Mason owns 2,600 shares. Acg Wealth invested 0.35% of its portfolio in Biogen Inc. (NASDAQ:BIIB). Deroy And Devereaux Private Investment Counsel has invested 0.03% in Biogen Inc. (NASDAQ:BIIB).

Analysts await Biogen Inc. (NASDAQ:BIIB) to report earnings on April, 24 before the open. They expect $5.95 earnings per share, up 14.42% or $0.75 from last year’s $5.2 per share. BIIB’s profit will be $1.26B for 11.26 P/E if the $5.95 EPS becomes a reality. After $5.26 actual earnings per share reported by Biogen Inc. for the previous quarter, Wall Street now forecasts 13.12% EPS growth.

Primo Water Corporation (NASDAQ:PRMW) Institutional Positions Chart

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