Alexion Pharmaceuticals (Call) (ALXN) Stake Held by Tourbillon Capital Partners Lp; As Devon Energy New (DVN) Market Valuation Declined, Murphy Pohlad Asset Management Has Increased Its Holding

February 15, 2018 - By Peter Erickson

Murphy Pohlad Asset Management Llc increased its stake in Devon Energy Corp New (DVN) by 89.01% based on its latest 2017Q3 regulatory filing with the SEC. Murphy Pohlad Asset Management Llc bought 8,500 shares as the company’s stock declined 13.09% while stock markets rallied. The institutional investor held 18,050 shares of the oil & gas production company at the end of 2017Q3, valued at $662,000, up from 9,550 at the end of the previous reported quarter. Murphy Pohlad Asset Management Llc who had been investing in Devon Energy Corp New for a number of months, seems to be bullish on the $18.21B market cap company. The stock decreased 2.53% or $0.9 during the last trading session, reaching $34.66. About 4.86 million shares traded. Devon Energy Corporation (NYSE:DVN) has risen 13.24% since February 15, 2017 and is uptrending. It has underperformed by 3.46% the S&P500.

Jason Karp increased its stake in Alexion Pharmaceuticals Inc (Call) (ALXN) by 162.5% based on its latest 2017Q3 regulatory filing with the SEC. Tourbillon Capital Partners Lp bought 650,000 shares as the company’s stock declined 11.63% while stock markets rallied. The hedge fund run by Jason Karp held 1.05M shares of the health care company at the end of 2017Q3, valued at $147.31 million, up from 400,000 at the end of the previous reported quarter. Tourbillon Capital Partners Lp who had been investing in Alexion Pharmaceuticals Inc (Call) for a number of months, seems to be bullish on the $27.42B market cap company. The stock increased 0.38% or $0.47 during the last trading session, reaching $123.67. About 1.68 million shares traded. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) has declined 18.12% since February 15, 2017 and is downtrending. It has underperformed by 34.82% the S&P500.

Among 29 analysts covering Alexion Pharmaceuticals Inc. (NASDAQ:ALXN), 24 have Buy rating, 0 Sell and 5 Hold. Therefore 83% are positive. Alexion Pharmaceuticals Inc. had 100 analyst reports since July 27, 2015 according to SRatingsIntel. PiperJaffray reinitiated the stock with “Overweight” rating in Monday, October 23 report. The firm has “Neutral” rating given on Thursday, January 7 by BTIG Research. On Friday, June 23 the stock rating was maintained by Robert W. Baird with “Hold”. On Tuesday, September 5 the stock rating was upgraded by J.P. Morgan to “Buy”. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, April 7. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, July 29 report. The stock of Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) earned “Buy” rating by BMO Capital Markets on Thursday, February 8. Jefferies maintained it with “Hold” rating and $120 target in Friday, September 23 report. Barclays Capital maintained the shares of ALXN in report on Thursday, February 4 with “Equal-Weight” rating. The firm has “Hold” rating given on Tuesday, October 24 by Robert W. Baird.

Tourbillon Capital Partners Lp, which manages about $1.12B and $4.13 billion US Long portfolio, decreased its stake in Green Plains Inc (NASDAQ:GPRE) by 2.50 million shares to 1.04M shares, valued at $21.02M in 2017Q3, according to the filing. It also reduced its holding in Mckesson Corp (NYSE:MCK) by 227,600 shares in the quarter, leaving it with 225,337 shares, and cut its stake in Amicus Therapeutics Inc (Call) (NASDAQ:FOLD).

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.20, from 1.37 in 2017Q2. It dived, as 36 investors sold ALXN shares while 174 reduced holdings. 78 funds opened positions while 167 raised stakes. 206.89 million shares or 0.54% less from 208.01 million shares in 2017Q2 were reported. Alpine Global Mngmt Limited Liability reported 1,625 shares stake. Jennison Ltd Liability Corp accumulated 5.33 million shares. Emory University has invested 1.36% in Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN). Van Eck Associates Corporation has 0.16% invested in Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) for 224,419 shares. Texas Permanent School Fund invested in 61,851 shares or 0.11% of the stock. Quantitative Systematic Strategies Limited Co stated it has 0.09% of its portfolio in Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN). 48,441 were reported by Nomura Asset Mngmt Ltd. Alkeon Management Ltd Liability invested in 500,000 shares or 0.52% of the stock. Mitsubishi Ufj Tru Banking Corporation invested in 0.12% or 447,478 shares. Intact Investment Inc has invested 0.03% of its portfolio in Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN). Los Angeles Capital Mngmt & Equity Inc has 0.06% invested in Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) for 77,226 shares. Natixis reported 0.1% stake. Nippon Life Insur Company reported 8,306 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 4,272 shares. Dynamic Management Limited holds 0.12% or 2,927 shares in its portfolio.

Since August 28, 2017, it had 0 insider buys, and 14 sales for $6.68 million activity. Shares for $1.54 million were sold by HANTSON LUDWIG. 11,160 shares were sold by O’Neill Julie, worth $1.56M on Monday, August 28. Shares for $147,865 were sold by Moriarty John B on Monday, February 5. On Tuesday, February 6 the insider Franchini Indrani Lall sold $169,696. Wagner Heidi L sold $76,805 worth of stock or 655 shares. The insider Clancy Paul J sold 6,079 shares worth $707,048.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.08, from 1.08 in 2017Q2. It worsened, as 55 investors sold DVN shares while 230 reduced holdings. 75 funds opened positions while 209 raised stakes. 396.57 million shares or 0.97% less from 400.45 million shares in 2017Q2 were reported. Commonwealth Retail Bank Of Aus stated it has 91,204 shares or 0.03% of all its holdings. Cubist Systematic Strategies Ltd Com holds 0.02% in Devon Energy Corporation (NYSE:DVN) or 9,346 shares. Nomura reported 0.01% stake. Arbiter Ptnrs Capital Management holds 0.27% of its portfolio in Devon Energy Corporation (NYSE:DVN) for 65,490 shares. Catawba Mngmt Va stated it has 0.18% of its portfolio in Devon Energy Corporation (NYSE:DVN). Tctc Holding Lc has 43,104 shares. Sentinel Lba holds 94,040 shares. Elm Ridge Ltd Com holds 290,806 shares or 4.49% of its portfolio. 10,312 were accumulated by Zeke Cap Advsr Limited Liability Company. First Reserve Group Inc Xii Ltd reported 1.34M shares. Argent Tru accumulated 9,780 shares or 0.1% of the stock. Jefferies Group Inc Limited Liability has invested 0.07% of its portfolio in Devon Energy Corporation (NYSE:DVN). Nippon Life Insur has invested 0.02% in Devon Energy Corporation (NYSE:DVN). Lombard Odier Asset Management (Europe) has 0.06% invested in Devon Energy Corporation (NYSE:DVN) for 28,004 shares. Moreover, Amer Bank has 0% invested in Devon Energy Corporation (NYSE:DVN).

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