As Wsfs Finl (WSFS) Market Valuation Rose, Shareholder Wellington Management Group Llp Has Lowered Its Holding; Medicines Co (MDCO) Holder Corvex Management LP Lowered Holding

June 5, 2018 - By mmahotstuff

The Medicines Company (NASDAQ:MDCO) Logo

Keith Meister decreased its stake in Medicines Co (MDCO) by 17.51% based on its latest 2018Q1 regulatory filing with the SEC. Corvex Management Lp sold 422,054 shares as the company’s stock rose 4.51% while stock markets declined. The hedge fund run by Keith Meister held 1.99 million shares of the major pharmaceuticals company at the end of 2018Q1, valued at $65.51M, down from 2.41 million at the end of the previous reported quarter. Corvex Management Lp who had been investing in Medicines Co for a number of months, seems to be less bullish one the $2.56 billion market cap company. The stock increased 0.66% or $0.23 during the last trading session, reaching $34.82. About 301,166 shares traded. The Medicines Company (NASDAQ:MDCO) has declined 16.45% since June 5, 2017 and is downtrending. It has underperformed by 29.02% the S&P500.

Wellington Management Group Llp decreased its stake in Wsfs Finl Corp (WSFS) by 13.66% based on its latest 2018Q1 regulatory filing with the SEC. Wellington Management Group Llp sold 81,193 shares as the company’s stock rose 6.57% while stock markets declined. The institutional investor held 513,078 shares of the major banks company at the end of 2018Q1, valued at $24.58M, down from 594,271 at the end of the previous reported quarter. Wellington Management Group Llp who had been investing in Wsfs Finl Corp for a number of months, seems to be less bullish one the $1.68B market cap company. The stock decreased 0.56% or $0.3 during the last trading session, reaching $53.15. About 33,322 shares traded. WSFS Financial Corporation (NASDAQ:WSFS) has risen 19.48% since June 5, 2017 and is uptrending. It has outperformed by 6.91% the S&P500.

More recent WSFS Financial Corporation (NASDAQ:WSFS) news were published by: Globenewswire.com which released: “Photo Release — WSFS Financial Corporation Announces Executive Leadership Promotions” on May 07, 2018. Also Globenewswire.com published the news titled: “WSFS’ Above Average Earnings and Revenue from Stable and Diversified Noninterest Sources Noted in A- Senior …” on June 04, 2018. Nasdaq.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for WSFS Financial, Universal Electronics, Quanex Building …” with publication date: May 29, 2018 was also an interesting one.

Investors sentiment increased to 1.07 in Q1 2018. Its up 0.07, from 1 in 2017Q4. It is positive, as 15 investors sold WSFS shares while 41 reduced holdings. 16 funds opened positions while 44 raised stakes. 23.05 million shares or 1.61% more from 22.69 million shares in 2017Q4 were reported. Northwestern Mutual Wealth Mngmt has invested 0% in WSFS Financial Corporation (NASDAQ:WSFS). Barclays Public Lc reported 0% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS). Eagle Asset Management owns 270,120 shares for 0.07% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS) for 1,753 shares. Citigroup holds 0% or 7,042 shares. Nuveen Asset Mngmt Lc owns 605,987 shares for 0.19% of their portfolio. Architects Inc owns 1,200 shares or 0.01% of their US portfolio. Pnc Grp Inc Inc holds 0.01% or 106,197 shares. State Board Of Administration Of Florida Retirement Sys accumulated 25,238 shares. Monarch Partners Asset Lc holds 0.29% or 64,195 shares. Bb&T Secs Limited Liability reported 0% stake. Ameritas Inc reported 0.01% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS). Wedge Capital Mgmt L LP Nc holds 397,576 shares. Georgia-based Voya Management Limited Company has invested 0.04% in WSFS Financial Corporation (NASDAQ:WSFS). Pzena Inv Mgmt Limited Liability Corp reported 0.03% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS).

Wellington Management Group Llp, which manages about $441.92 billion US Long portfolio, upped its stake in Echostar Corp (NASDAQ:SATS) by 11,062 shares to 22,983 shares, valued at $1.21 million in 2018Q1, according to the filing. It also increased its holding in Brookline Bancorp Inc Del (NASDAQ:BRKL) by 56,370 shares in the quarter, for a total of 579,853 shares, and has risen its stake in Alnylam Pharmaceuticals Inc (NASDAQ:ALNY).

Among 6 analysts covering WSFS Financial (NASDAQ:WSFS), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. WSFS Financial had 15 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Sandler O’Neill on Tuesday, January 23 with “Buy”. The company was maintained on Wednesday, October 25 by Boenning & Scattergood. Stephens maintained WSFS Financial Corporation (NASDAQ:WSFS) on Wednesday, April 25 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, February 26. Stephens maintained the shares of WSFS in report on Wednesday, January 24 with “Buy” rating. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Monday, October 31. The rating was maintained by Boenning & Scattergood on Friday, July 28 with “Buy”. The firm has “Hold” rating given on Tuesday, October 24 by Keefe Bruyette & Woods. The stock of WSFS Financial Corporation (NASDAQ:WSFS) earned “Neutral” rating by Merion Capital on Friday, January 26. Keefe Bruyette & Woods maintained the shares of WSFS in report on Tuesday, January 23 with “Hold” rating.

Since February 28, 2018, it had 0 insider buys, and 13 insider sales for $5.48 million activity. On Wednesday, February 28 KEARNEY THOMAS W sold $76,049 worth of WSFS Financial Corporation (NASDAQ:WSFS) or 1,569 shares. TURNER MARK A sold $2.09M worth of stock or 40,520 shares. 1,534 shares were sold by MAZARAKIS S JAMES, worth $79,216. Shares for $519,572 were sold by Geraghty Paul D. The insider Ward Patrick Joseph sold $102,750.

Analysts await WSFS Financial Corporation (NASDAQ:WSFS) to report earnings on July, 26. They expect $0.81 EPS, up 28.57% or $0.18 from last year’s $0.63 per share. WSFS’s profit will be $25.54M for 16.40 P/E if the $0.81 EPS becomes a reality. After $0.76 actual EPS reported by WSFS Financial Corporation for the previous quarter, Wall Street now forecasts 6.58% EPS growth.

Among 11 analysts covering The Medicines Co (NASDAQ:MDCO), 11 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. The Medicines Co had 37 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was initiated by H.C. Wainwright on Monday, December 5 with “Buy”. The rating was upgraded by Jefferies to “Hold” on Friday, August 28. As per Wednesday, August 30, the company rating was maintained by Chardan Capital Markets. Citigroup maintained the shares of MDCO in report on Monday, August 14 with “Neutral” rating. The rating was upgraded by Oppenheimer to “Buy” on Wednesday, November 29. The stock of The Medicines Company (NASDAQ:MDCO) earned “Neutral” rating by Citigroup on Wednesday, July 26. The firm has “Buy” rating by Cowen & Co given on Tuesday, October 10. The firm has “Buy” rating by Jefferies given on Monday, June 26. On Wednesday, November 4 the stock rating was initiated by Chardan Capital Markets with “Buy”. On Saturday, August 29 the stock rating was maintained by JP Morgan with “Buy”.

Analysts await The Medicines Company (NASDAQ:MDCO) to report earnings on August, 8. They expect $-1.00 EPS, up 81.88% or $4.52 from last year’s $-5.52 per share. After $-0.80 actual EPS reported by The Medicines Company for the previous quarter, Wall Street now forecasts 25.00% negative EPS growth.

Since December 7, 2017, it had 0 buys, and 4 insider sales for $4.77 million activity. CROUSE WILLIAM had sold 7,500 shares worth $241,950. Shares for $3.71M were sold by MEANWELL CLIVE on Friday, December 15. ESHELMAN FREDRIC N had bought 200,000 shares worth $5.31M. KESSLER ARMIN M also sold $574,200 worth of The Medicines Company (NASDAQ:MDCO) on Tuesday, January 16.

Investors sentiment decreased to 1.02 in 2018 Q1. Its down 0.23, from 1.25 in 2017Q4. It turned negative, as 30 investors sold MDCO shares while 51 reduced holdings. 25 funds opened positions while 58 raised stakes. 91.05 million shares or 1.80% more from 89.44 million shares in 2017Q4 were reported. Moreover, Prudential Incorporated has 0.01% invested in The Medicines Company (NASDAQ:MDCO). Principal Fincl Gp invested 0.02% of its portfolio in The Medicines Company (NASDAQ:MDCO). Putnam Investments Lc has invested 0.19% in The Medicines Company (NASDAQ:MDCO). Moreover, Credit Suisse Ag has 0% invested in The Medicines Company (NASDAQ:MDCO). Teachers Retirement System Of The State Of Kentucky has 0.02% invested in The Medicines Company (NASDAQ:MDCO). Nomura Inc accumulated 0% or 100 shares. Global X Management Communication Ltd Liability invested in 0% or 682 shares. Vanguard Grp owns 6.28M shares for 0.01% of their portfolio. Slate Path LP reported 1.73 million shares stake. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in The Medicines Company (NASDAQ:MDCO). Dekabank Deutsche Girozentrale invested 0.01% of its portfolio in The Medicines Company (NASDAQ:MDCO). 683 Mgmt Limited Liability has 117,252 shares. Tennessee-based State Of Tennessee Treasury Department has invested 0.01% in The Medicines Company (NASDAQ:MDCO). Qs Ltd Llc, a New York-based fund reported 1,500 shares. Tci Wealth Advisors owns 0% invested in The Medicines Company (NASDAQ:MDCO) for 21 shares.

WSFS Financial Corporation (NASDAQ:WSFS) Institutional Positions Chart

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