As Bristol Myers Squibb Co (BMY) Share Price Rose, Opus Point Partners Management Upped Stake by $2.75 Million; Retirement Systems Of Alabama Boosted Primerica (PRI) Stake

April 23, 2018 - By Pete Kolinski

Bristol-Myers Squibb Company (NYSE:BMY) Logo

Opus Point Partners Management Llc increased its stake in Bristol Myers Squibb Co (BMY) by 100% based on its latest 2017Q4 regulatory filing with the SEC. Opus Point Partners Management Llc bought 45,000 shares as the company’s stock rose 2.38% while stock markets declined. The institutional investor held 90,000 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $5.52 million, up from 45,000 at the end of the previous reported quarter. Opus Point Partners Management Llc who had been investing in Bristol Myers Squibb Co for a number of months, seems to be bullish on the $83.66B market cap company. The stock decreased 0.85% or $0.44 during the last trading session, reaching $51.17. About 11.67M shares traded or 30.81% up from the average. Bristol-Myers Squibb Company (NYSE:BMY) has risen 11.37% since April 23, 2017 and is uptrending. It has underperformed by 0.18% the S&P500.

Retirement Systems Of Alabama increased its stake in Primerica Inc (PRI) by 88.75% based on its latest 2017Q4 regulatory filing with the SEC. Retirement Systems Of Alabama bought 51,400 shares as the company’s stock declined 5.08% with the market. The institutional investor held 109,315 shares of the finance company at the end of 2017Q4, valued at $11.10 million, up from 57,915 at the end of the previous reported quarter. Retirement Systems Of Alabama who had been investing in Primerica Inc for a number of months, seems to be bullish on the $4.30B market cap company. The stock decreased 0.10% or $0.1 during the last trading session, reaching $97.5. About 212,734 shares traded. Primerica, Inc. (NYSE:PRI) has risen 22.61% since April 23, 2017 and is uptrending. It has outperformed by 11.06% the S&P500.

Among 8 analysts covering Primerica Inc. (NYSE:PRI), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Primerica Inc. had 21 analyst reports since August 17, 2015 according to SRatingsIntel. Wells Fargo initiated the shares of PRI in report on Friday, September 23 with “Market Perform” rating. The stock of Primerica, Inc. (NYSE:PRI) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, April 11. As per Tuesday, October 20, the company rating was downgraded by Raymond James. The stock of Primerica, Inc. (NYSE:PRI) earned “Hold” rating by Keefe Bruyette & Woods on Monday, September 11. As per Monday, August 17, the company rating was upgraded by Jefferies. William Blair downgraded Primerica, Inc. (NYSE:PRI) on Monday, April 24 to “Market Perform” rating. The rating was maintained by Wells Fargo with “Hold” on Tuesday, August 8. The rating was reinitiated by Keefe Bruyette & Woods on Wednesday, September 9 with “Outperform”. The stock has “Hold” rating by Wood on Monday, May 15. The stock of Primerica, Inc. (NYSE:PRI) earned “Hold” rating by Wells Fargo on Tuesday, January 9.

Retirement Systems Of Alabama, which manages about $20.68B US Long portfolio, decreased its stake in Disney Walt Co (NYSE:DIS) by 4,109 shares to 947,417 shares, valued at $101.86 million in 2017Q4, according to the filing. It also reduced its holding in Copart Inc (NASDAQ:CPRT) by 46,088 shares in the quarter, leaving it with 439,929 shares, and cut its stake in Allscripts Healthcare Solutn (NASDAQ:MDRX).

Investors sentiment decreased to 0.97 in 2017 Q4. Its down 0.04, from 1.01 in 2017Q3. It worsened, as 20 investors sold PRI shares while 92 reduced holdings. 43 funds opened positions while 66 raised stakes. 41.09 million shares or 5.30% less from 43.39 million shares in 2017Q3 were reported. Guggenheim Cap Lc invested in 86,495 shares. Financial Inc stated it has 0% in Primerica, Inc. (NYSE:PRI). Wesbanco Savings Bank invested 0.03% in Primerica, Inc. (NYSE:PRI). Vanguard Gp stated it has 4.84M shares. Aqr Mgmt Ltd Liability invested in 273,146 shares. Nj State Employees Deferred Compensation Plan has 0.16% invested in Primerica, Inc. (NYSE:PRI). State Street holds 0.01% or 1.66 million shares in its portfolio. Intrust Bank & Trust Na holds 0.12% or 3,840 shares in its portfolio. Etrade Capital Mngmt Ltd Liability Com holds 18,228 shares or 0.06% of its portfolio. 33,427 are owned by Prudential Financial Incorporated. The Alabama-based Retirement Of Alabama has invested 0.05% in Primerica, Inc. (NYSE:PRI). Brave Warrior Advisors Limited Co reported 6.05% in Primerica, Inc. (NYSE:PRI). Burgundy Asset Management Ltd accumulated 1.56 million shares. Teacher Retirement Sys Of Texas reported 15,470 shares or 0.01% of all its holdings. Ameriprise Financial accumulated 123,041 shares.

Since February 15, 2018, it had 0 insider purchases, and 7 selling transactions for $1.92 million activity. 3,000 Primerica, Inc. (NYSE:PRI) shares with value of $295,997 were sold by Williams Glenn J.. Rand Alison S. sold $201,895 worth of stock. 991 Primerica, Inc. (NYSE:PRI) shares with value of $100,064 were sold by Schneider Peter W..

Investors sentiment decreased to 0.94 in Q4 2017. Its down 0.09, from 1.03 in 2017Q3. It fall, as 72 investors sold BMY shares while 526 reduced holdings. 106 funds opened positions while 457 raised stakes. 1.11 billion shares or 0.48% more from 1.11 billion shares in 2017Q3 were reported. Chesley Taft & Associate Limited Company owns 118,075 shares. Koshinski Asset Management Inc accumulated 12,896 shares. Moreover, Tower Bridge has 1.27% invested in Bristol-Myers Squibb Company (NYSE:BMY). Usca Ria Ltd Liability Com accumulated 0.4% or 59,426 shares. Bank & Trust Of Hawaii invested in 30,823 shares or 0.15% of the stock. Clearbridge Invests Ltd invested in 2.65 million shares. Rfg Advisory Gru Ltd Llc holds 5,240 shares. Moreover, Shell Asset Management Com has 0.25% invested in Bristol-Myers Squibb Company (NYSE:BMY) for 203,250 shares. Argent stated it has 52,404 shares or 0.86% of all its holdings. Crossvault Management Limited Com holds 128,321 shares or 4.15% of its portfolio. Burney Co accumulated 14,602 shares. Piedmont Inv Advsrs Lc has 0.59% invested in Bristol-Myers Squibb Company (NYSE:BMY). Credit Suisse Ag accumulated 3.96 million shares or 0.22% of the stock. Baystate Wealth Mgmt Limited, Massachusetts-based fund reported 1,468 shares. Sun Life Inc has invested 0.02% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY).

Since December 12, 2017, it had 1 insider purchase, and 1 insider sale for $85,985 activity. 5,300 shares valued at $335,172 were sold by Lynch Thomas J. Jr. on Tuesday, December 12.

Bristol-Myers Squibb Company (NYSE:BMY) Institutional Positions Chart

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