Bristol-Myers Squibb (BMY) Earns "Sell" Rating from BMO Capital Markets

02 May, 2018, 01:23 | Author: Elaine Woods

The institutional investor held 205,570 shares of the industrial machinery and components company at the end of 2017Q4, valued at $10.51 million, up from 198,700 at the end of the previous reported quarter. BMO Capital Markets now has a $47.00 target price on the biopharmaceutical company's stock. About 279,284 shares traded. (NYSE:SPG) has declined 9.44% since April 29, 2017 and is downtrending. It has outperformed by 2.03% the S&P500.

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. The Stock now has a Weekly Volatility of 2.56% and Monthly Volatility of 2.96%. The biopharmaceutical company reported $0.68 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.67 by $0.01. The company has market cap of $85.23 billion. Rhumbline Advisers accumulated 7,117 shares. The stock increased 0.44% or $0.23 during the last trading session, reaching $52.27.Bristol-Myers Squibb Company has volume of 7.20 million shares. Therefore 32% are positive. The business had revenue of $5.19 billion during the quarter, compared to the consensus estimate of $5.25 billion. The rating was maintained by UBS on Friday, August 19 with "Buy". Wellington Shields Cap Ltd Liability Corporation reported 39,500 shares stake. Cowen & Co maintained the stock with "Hold" rating in Friday, April 20 report. Raymond James downgraded the stock to "Mkt Perform" rating in Monday, November 7 report. As per Wednesday, October 25, the company rating was maintained by Citigroup. Jefferies Group set a $72.00 price objective on shares of Bristol-Myers Squibb and gave the company a "hold" rating in a research report on Monday, February 26th. On Tuesday, April 17 the firm has "Buy" rating given by Guggenheim. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the stock. The stock of Apache Corporation (NYSE:APA) earned "Neutral" rating by Citigroup on Wednesday, February 28.

Since December 12, 2017, it had 1 buy, and 1 insider sale for $85,985 activity. Van ECK Associates Corp now owns 791,275 shares of the biopharmaceutical company's stock worth $50,436,000 after buying an additional 5,451 shares in the last quarter.

Investors sentiment increased to 1 in Q4 2017. The company has a current ratio of 1.52, a quick ratio of 1.39 and a debt-to-equity ratio of 0.45. 107 funds opened positions while 338 raised stakes. Walleye Trading Limited Liability invested 0.04% in Bristol-Myers Squibb Company (NYSE:BMY). Xact Kapitalforvaltning AB lifted its holdings in shares of Bristol-Myers Squibb by 6.7% during the fourth quarter.

The company had seen its current volume reaching at 1.08 million shares in the last trade.

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Ultra Clean Holdings, Inc. Town & Country Financial Bank & Tru Company Dba First Bankers Tru Company stated it has 86,686 shares or 2.63% of all its holdings. It improved, as 4 investors sold BSB Bancorp, Inc. shares while 15 reduced holdings. On Thursday, February 22 Weber Hubert sold $478,668 worth of Mondelez International, Inc. Moore Mgmt LP accumulated 0.21% or 192,140 shs. The company has Relative Strength Index (RSI 14) of 27.72 together with Average True Range (ATR 14) of 1.58. Wetherby Asset Mgmt reported 0.43% in Bristol-Myers Squibb Company (NYSE:BMY).

Investors sentiment decreased to 1.42 in 2017 Q4. Its up 0.21, from 1.16 in 2017Q3. 36 funds opened positions while 94 raised stakes. (NYSE:GIS) for 1,512 shares. Barclays Public Ltd holds 0.09% in Intuitive Surgical, Inc. The New York-based Joel Isaacson has invested 0.08% in Mondelez International, Inc. Geode Capital Management Ltd Limited Liability Company has 61,282 shares.

A statistical measure of the dispersion of returns (volatility) for XL producing salvation in Investors mouth, it has week volatility of 0.50% and for the month booked as 0.46%. (NYSE:SSTK). Cwm Limited Liability Co invested 0.08% of its portfolio in Shutterstock, Inc. Paradigm Asset Ltd Llc accumulated 45,690 shares. State Board Of Administration Of Florida Retirement owns 249,756 shares or 0.02% of their USA portfolio. Spinnaker owns 4,910 shares for 0.02% of their portfolio. Gofen & Glossberg Ltd Co Il invested in 38,232 shares or 0.12% of the stock. Investors measure stock performance on the basis of a company's earnings power. 119 are held by Canada Pension Plan Invest Board. (NYSE:RLGY). Wells Fargo And Communication Mn has 0% invested in Realogy Holdings Corp. Becker Cap Mgmt invested in 6,841 shares or 0.01% of the stock. 148.99 million shares or 8.30% more from 137.57 million shares in 2017Q3 were reported.

Among 7 analysts covering Corcept Therapeutics (NASDAQ:CORT), 7 have Buy rating, 0 Sell and 0 Hold. AptarGroup Inc had 33 analyst reports since September 10, 2015 according to SRatingsIntel. As per Monday, April 24, the company rating was maintained by RBC Capital Markets. Johnson & Johnson stock price is now projected at $126.49, while the sales volume stands at 8,219,410. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. The firm has "Hold" rating by Jefferies given on Thursday, July 14. The rating was maintained by Jefferies with "Sell" on Monday, March 19. Jefferies has "Hold" rating and $5000 target. The firm has "Hold" rating given on Thursday, August 11 by Berenberg. The firm earned "Hold" rating on Thursday, October 26 by Piper Jaffray.

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