Kahn Brothers Group Decreased Its Holding in Hologic (HOLX) by $1.72 Billion as Stock Price …



May 26, 2018 – By Louis Casey

Goldcorp Inc. (NYSE:GG) Logo

Irving Kahn decreased its stake in Hologic (HOLX) by 5.49% based on its latest 2017Q4 regulatory filing with the SEC. Kahn Brothers Group Inc sold 40,149 shares as the company’s stock declined 13.23% with the market. The hedge fund run by Irving Kahn held 691,667 shares of the health care company at the end of 2017Q4, valued at $29.57B, down from 731,816 at the end of the previous reported quarter. Kahn Brothers Group Inc who had been investing in Hologic for a number of months, seems to be less bullish one the $10.63 billion market cap company. The stock increased 0.52% or $0.2 during the last trading session, reaching $38.92. About 922,433 shares traded. Hologic, Inc. (NASDAQ:HOLX) has declined 11.91% since May 26, 2017 and is downtrending. It has underperformed by 23.46% the S&P500.

Cheviot Value Management Llc increased its stake in Goldcorp Inc (GG) by 24.02% based on its latest 2017Q4 regulatory filing with the SEC. Cheviot Value Management Llc bought 31,560 shares as the company’s stock rose 9.46% while stock markets declined. The institutional investor held 162,975 shares of the precious metals company at the end of 2017Q4, valued at $2.08 million, up from 131,415 at the end of the previous reported quarter. Cheviot Value Management Llc who had been investing in Goldcorp Inc for a number of months, seems to be bullish on the $12.16 billion market cap company. The stock decreased 1.13% or $0.16 during the last trading session, reaching $14.05. About 4.27 million shares traded. Goldcorp Inc. (NYSE:GG) has declined 14.21% since May 26, 2017 and is downtrending. It has underperformed by 25.76% the S&P500.

Analysts await Hologic, Inc. (NASDAQ:HOLX) to report earnings on August, 1. They expect $0.56 EPS, up 12.00% or $0.06 from last year’s $0.5 per share. HOLX’s profit will be $152.89M for 17.38 P/E if the $0.56 EPS becomes a reality. After $0.53 actual EPS reported by Hologic, Inc. for the previous quarter, Wall Street now forecasts 5.66% EPS growth.

Another recent and important Hologic, Inc. (NASDAQ:HOLX) news was published by Benzinga.com which published an article titled: “Leerink Downgrades Hologic After ‘Lower Quality’ Q2 Revenue Beat” on May 03, 2018.

Among 18 analysts covering Hologic (NASDAQ:HOLX), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Hologic had 63 analyst reports since July 24, 2015 according to SRatingsIntel. As per Thursday, January 28, the company rating was upgraded by Needham. The stock of Hologic, Inc. (NASDAQ:HOLX) has “Hold” rating given on Friday, August 11 by RBC Capital Markets. The stock of Hologic, Inc. (NASDAQ:HOLX) has “Hold” rating given on Wednesday, January 4 by Evercore. The stock of Hologic, Inc. (NASDAQ:HOLX) earned “Buy” rating by Cowen & Co on Wednesday, December 20. Piper Jaffray maintained Hologic, Inc. (NASDAQ:HOLX) on Thursday, July 13 with “Buy” rating. The company was downgraded on Wednesday, October 21 by Craig Hallum. The rating was upgraded by PiperJaffray on Wednesday, January 4 to “Overweight”. The company was maintained on Thursday, August 3 by Canaccord Genuity. The stock of Hologic, Inc. (NASDAQ:HOLX) has “Buy” rating given on Tuesday, June 27 by Jefferies. The company was maintained on Monday, September 25 by Canaccord Genuity.

Since February 13, 2018, it had 3 buys, and 2 selling transactions for $195,159 activity. Shares for $504,400 were bought by Dockendorff Charles J on Wednesday, March 14. 6,600 shares were bought by Nawana Namal, worth $250,023. On Wednesday, May 2 the insider Oberton Karleen Marie sold $487,840. Wendell Amy McBride bought $199,826 worth of stock or 5,200 shares.

Investors sentiment decreased to 0.74 in 2017 Q4. Its down 0.14, from 0.88 in 2017Q3. It dropped, as 57 investors sold HOLX shares while 165 reduced holdings. 70 funds opened positions while 94 raised stakes. 264.36 million shares or 0.45% less from 265.54 million shares in 2017Q3 were reported. Advantus Cap Management Incorporated holds 0.03% or 28,320 shares in its portfolio. Kistler accumulated 815 shares. Rafferty Asset Ltd Company holds 0.02% of its portfolio in Hologic, Inc. (NASDAQ:HOLX) for 33,832 shares. Arizona State Retirement holds 185,703 shares or 0.08% of its portfolio. Us State Bank De reported 0% stake. 1.78 million were reported by Alliancebernstein Lp. 195,584 were reported by Great West Life Assurance Can. Highbridge Mngmt Limited Liability Corp accumulated 0% or 5,108 shares. 4,222 were reported by Livforsakringsbolaget Skandia Omsesidigt. Bessemer Gp Incorporated reported 1,552 shares or 0% of all its holdings. Caisse De Depot Et Placement Du Quebec invested in 57,400 shares or 0.01% of the stock. Point72 Asia (Hong Kong) Limited has invested 0.02% in Hologic, Inc. (NASDAQ:HOLX). Td Asset Inc stated it has 0.05% of its portfolio in Hologic, Inc. (NASDAQ:HOLX). Pacad Investment stated it has 0.09% of its portfolio in Hologic, Inc. (NASDAQ:HOLX). Tower Research Capital Limited Liability Corporation (Trc) owns 4,306 shares for 0.02% of their portfolio.

Kahn Brothers Group Inc, which manages about $636.58 billion US Long portfolio, upped its stake in Genie Energy by 333 shares to 406,052 shares, valued at $1.77B in 2017Q4, according to the filing. It also increased its holding in Glaxosmithkline (NYSE:GSK) by 118,028 shares in the quarter, for a total of 1.14 million shares, and has risen its stake in Assured Guaranty (NYSE:AGO).

Among 21 analysts covering Goldcorp Inc. (NYSE:GG), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Goldcorp Inc. had 64 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, August 2 by Citigroup. The firm earned “Buy” rating on Wednesday, December 21 by TD Securities. On Friday, July 24 the stock rating was initiated by IBC with “Outperform”. The company was maintained on Tuesday, July 18 by RBC Capital Markets. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, September 14. The rating was upgraded by Desjardins Securities to “Buy” on Thursday, October 20. The firm has “Market Perform” rating given on Thursday, June 15 by Raymond James. The rating was downgraded by TD Securities on Friday, October 30 to “Buy”. The stock of Goldcorp Inc. (NYSE:GG) earned “Market Perform” rating by BMO Capital Markets on Monday, December 19. Canaccord Genuity upgraded Goldcorp Inc. (NYSE:GG) on Friday, September 29 to “Buy” rating.

More news for Goldcorp Inc. (NYSE:GG) were recently published by: Investorplace.com, which released: “Trade of the Day: Goldcorp Inc. (USA) (GG)” on May 14, 2018. Streetinsider.com‘s article titled: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” and published on May 15, 2018 is yet another important article.

Hologic, Inc. (NASDAQ:HOLX) Institutional Positions Chart

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 FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *