Ejf Capital Lowered Meridian Bancorp Md (EBSB) Position as Share Value Declined; As Celgene (CELG) Valuation Declined, Lockheed Martin Investment Management Company Has Boosted Position

February 15, 2018 - By Marguerite Chambers

Emanuel J. Friedman decreased its stake in Meridian Bancorp Inc Md (EBSB) by 37.5% based on its latest 2017Q3 regulatory filing with the SEC. Ejf Capital Llc sold 300,000 shares as the company’s stock declined 15.17% while stock markets rallied. The hedge fund run by Emanuel J. Friedman held 500,000 shares of the finance company at the end of 2017Q3, valued at $9.33 million, down from 800,000 at the end of the previous reported quarter. Ejf Capital Llc who had been investing in Meridian Bancorp Inc Md for a number of months, seems to be less bullish one the $1.00 billion market cap company. It closed at $20.55 lastly. It is down 12.94% since February 15, 2017 and is uptrending. It has underperformed by 3.76% the S&P500.

Lockheed Martin Investment Management Company increased its stake in Celgene Corp (CELG) by 40% based on its latest 2017Q3 regulatory filing with the SEC. Lockheed Martin Investment Management Company bought 4,000 shares as the company’s stock declined 3.49% while stock markets rallied. The institutional investor held 14,000 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $2.04 million, up from 10,000 at the end of the previous reported quarter. Lockheed Martin Investment Management Company who had been investing in Celgene Corp for a number of months, seems to be bullish on the $72.48B market cap company. The stock increased 2.09% or $1.97 during the last trading session, reaching $96.36. About 4.92 million shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since February 15, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Since September 5, 2017, it had 1 buy, and 3 sales for $2.54 million activity. Shares for $1.29M were sold by CASEY MICHAEL D on Tuesday, September 5. $1.31 million worth of stock was sold by KAPLAN GILLA on Tuesday, September 12. 3,260 Celgene Corporation (NASDAQ:CELG) shares with value of $299,594 were bought by Alles Mark J.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.17, from 1.34 in 2017Q2. It dived, as 44 investors sold CELG shares while 457 reduced holdings. 133 funds opened positions while 451 raised stakes. 603.99 million shares or 0.25% more from 602.51 million shares in 2017Q2 were reported. Welch Capital Prns Limited Company has 1.82% invested in Celgene Corporation (NASDAQ:CELG) for 37,030 shares. Fairfield Bush stated it has 0.6% in Celgene Corporation (NASDAQ:CELG). Credit Suisse Ag holds 0.27% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 1.93M shares. Pub Employees Retirement Association Of Colorado has 140,964 shares for 0.15% of their portfolio. 178,000 were reported by Eulav Asset Mngmt. Public Employees Retirement Systems Of Ohio holds 601,520 shares. The Connecticut-based Scholtz And Limited Liability Company has invested 3% in Celgene Corporation (NASDAQ:CELG). 82,401 are owned by Oregon Public Employees Retirement Fund. Reliance Communications Of Delaware owns 11,728 shares. Pensionfund Dsm Netherlands owns 0.94% invested in Celgene Corporation (NASDAQ:CELG) for 43,100 shares. Moreover, Huntington Bancshares has 0.38% invested in Celgene Corporation (NASDAQ:CELG) for 153,559 shares. Hanson Mcclain reported 360 shares. Bahl Gaynor Inc has 2,360 shares for 0% of their portfolio. Zwj Inv Counsel invested in 219,396 shares or 2.5% of the stock. Global Thematic Prns Limited Liability accumulated 548,237 shares or 2.55% of the stock.

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 19 have Buy rating, 2 Sell and 12 Hold. Therefore 58% are positive. Celgene Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Celgene Corporation (NASDAQ:CELG) has “Outperform” rating given on Wednesday, January 20 by Credit Suisse. On Thursday, September 29 the stock rating was maintained by Citigroup with “Buy”. The company was maintained on Friday, August 4 by Cowen & Co. The firm has “Buy” rating by Stifel Nicolaus given on Friday, July 15. Cowen & Co maintained Celgene Corporation (NASDAQ:CELG) rating on Thursday, July 27. Cowen & Co has “Buy” rating and $15000 target. Mizuho initiated Celgene Corporation (NASDAQ:CELG) rating on Tuesday, November 8. Mizuho has “Buy” rating and $130 target. The rating was downgraded by BTIG Research to “Neutral” on Friday, June 30. The firm has “Outperform” rating given on Friday, July 28 by Leerink Swann. On Friday, July 24 the stock rating was maintained by Cantor Fitzgerald with “Buy”. BMO Capital Markets maintained Celgene Corporation (NASDAQ:CELG) on Tuesday, October 17 with “Outperform” rating.

Lockheed Martin Investment Management Company, which manages about $1.89 billion US Long portfolio, decreased its stake in Select Sector Spdr (XLK) by 157,376 shares to 2.91M shares, valued at $171.78 million in 2017Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 13,500 shares in the quarter, leaving it with 177,740 shares, and cut its stake in S&P 500 Pure Growth (RPG).

Ejf Capital Llc, which manages about $7.64B and $959.75M US Long portfolio, upped its stake in Flagstar Bancorp Inc (NYSE:FBC) by 433,841 shares to 1.18M shares, valued at $42.00 million in 2017Q3, according to the filing. It also increased its holding in Ares Mgmt LP (NYSE:ARES) by 159,544 shares in the quarter, for a total of 1.09M shares, and has risen its stake in Banc Of California Inc (NYSE:BANC).

Among 4 analysts covering Meridian Interstate Bancorp (NASDAQ:EBSB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Meridian Interstate Bancorp had 11 analyst reports since September 30, 2015 according to SRatingsIntel. Compass Point upgraded the stock to “Buy” rating in Monday, June 26 report. Keefe Bruyette & Woods maintained the shares of EBSB in report on Thursday, December 21 with “Hold” rating. The stock has “Hold” rating by Piper Jaffray on Tuesday, October 31. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, January 24. The firm has “Market Perform” rating given on Wednesday, September 30 by Hovde Group. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, October 3. Piper Jaffray maintained the stock with “Hold” rating in Tuesday, July 25 report. The stock of Meridian Bancorp, Inc. (NASDAQ:EBSB) has “Hold” rating given on Wednesday, January 24 by Hovde Group. Keefe Bruyette & Woods maintained it with “Hold” rating and $19.0 target in Thursday, August 31 report. The rating was downgraded by Compass Point on Friday, November 18 to “Neutral”.

Investors sentiment increased to 1.66 in 2017 Q3. Its up 0.39, from 1.27 in 2017Q2. It increased, as 7 investors sold EBSB shares while 34 reduced holdings. 25 funds opened positions while 43 raised stakes. 35.02 million shares or 2.60% more from 34.14 million shares in 2017Q2 were reported. Ameritas Invest Prtn reported 3,759 shares stake. Hightower Advisors Lc stated it has 77,722 shares or 0.01% of all its holdings. Aqr Capital Management Ltd Co, a Connecticut-based fund reported 60,274 shares. Nationwide Fund Advsr holds 0% of its portfolio in Meridian Bancorp, Inc. (NASDAQ:EBSB) for 52,142 shares. 127,445 were reported by Brandywine Global Investment Management. Vanguard Grp invested 0% of its portfolio in Meridian Bancorp, Inc. (NASDAQ:EBSB). Thrivent Fincl For Lutherans invested 0.01% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Ejf Ltd Limited Liability Company owns 500,000 shares or 0.97% of their US portfolio. Art Ltd Liability Co stated it has 14,500 shares or 0.01% of all its holdings. Sg Americas Ltd Com, a New York-based fund reported 12,713 shares. Td Asset Mngmt Inc has invested 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). 11,900 were reported by Bridgeway Cap Mgmt. 23,900 were reported by Hbk Invests Ltd Partnership. Legal General Group Public Ltd Co has invested 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Federated Pa reported 0% stake.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts