Guardian Capital LP Trimmed Its Methanex (MEOH) Stake; South State Trimmed Amgen (AMGN) Position By $1.32 Million

November 15, 2017 - By Vivian Park

Guardian Capital Lp decreased Methanex Corp (MEOH) stake by 2.23% reported in 2017Q2 SEC filing. Guardian Capital Lp sold 77,069 shares as Methanex Corp (MEOH)’s stock declined 12.56%. The Guardian Capital Lp holds 3.38 million shares with $149.05 million value, down from 3.46M last quarter. Methanex Corp now has $4.19 billion valuation. The stock declined 2.14% or $1.07 reaching $49.28 per share. About 25,382 shares traded. Methanex Corporation (USA) (NASDAQ:MEOH) has risen 45.59% since November 15, 2016 and is uptrending. It has outperformed by 28.89% the S&P500.

South State Corp decreased Amgen Inc (AMGN) stake by 12.24% reported in 2017Q2 SEC filing. South State Corp sold 7,684 shares as Amgen Inc (AMGN)’s stock declined 9.68%. The South State Corp holds 55,090 shares with $9.49 million value, down from 62,774 last quarter. Amgen Inc now has $122.40 billion valuation. The stock declined 0.89% or $1.52 reaching $168.61 per share. About 122,796 shares traded. Amgen, Inc. (NASDAQ:AMGN) has risen 5.27% since November 15, 2016 and is uptrending. It has underperformed by 11.43% the S&P500.

Among 22 analysts covering Amgen Inc. (NASDAQ:AMGN), 10 have Buy rating, 0 Sell and 12 Hold. Therefore 45% are positive. Amgen Inc. had 72 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, July 12 by Oppenheimer. As per Friday, August 26, the company rating was initiated by Gabelli. The rating was maintained by Bernstein with “Hold” on Wednesday, June 7. The stock of Amgen, Inc. (NASDAQ:AMGN) earned “Buy” rating by Cowen & Co on Tuesday, October 3. Atlantic Securities initiated it with “Overweight” rating and $202 target in Friday, December 18 report. Oppenheimer maintained it with “Buy” rating and $203.0 target in Wednesday, August 23 report. The firm has “Market Perform” rating given on Wednesday, July 26 by BMO Capital Markets. Credit Suisse downgraded Amgen, Inc. (NASDAQ:AMGN) on Tuesday, December 20 to “Neutral” rating. The stock of Amgen, Inc. (NASDAQ:AMGN) earned “Buy” rating by Bank of America on Wednesday, February 1. The company was maintained on Thursday, October 29 by UBS.

Since May 24, 2017, it had 0 insider purchases, and 2 insider sales for $1.02 million activity. $569,541 worth of Amgen, Inc. (NASDAQ:AMGN) shares were sold by BALTIMORE DAVID. Another trade for 2,922 shares valued at $451,164 was made by Patton Cynthia M on Wednesday, May 24.

Analysts await Amgen, Inc. (NASDAQ:AMGN) to report earnings on February, 1. They expect $3.02 EPS, up 4.50% or $0.13 from last year’s $2.89 per share. AMGN’s profit will be $2.19B for 13.96 P/E if the $3.02 EPS becomes a reality. After $3.27 actual EPS reported by Amgen, Inc. for the previous quarter, Wall Street now forecasts -7.65% negative EPS growth.

Investors sentiment decreased to 1.15 in Q2 2017. Its down 0.10, from 1.25 in 2017Q1. It turned negative, as 72 investors sold AMGN shares while 463 reduced holdings. 100 funds opened positions while 517 raised stakes. 557.32 million shares or 1.16% less from 563.88 million shares in 2017Q1 were reported. Moreover, Advisory Svcs Net Ltd Liability Co has 0.36% invested in Amgen, Inc. (NASDAQ:AMGN) for 16,213 shares. National Pension Service reported 545,932 shares. Moreover, Hudson Valley Adv has 0.52% invested in Amgen, Inc. (NASDAQ:AMGN) for 10,956 shares. 27,385 were reported by Selway Asset Mgmt. Clear Harbor Asset Management Ltd Liability invested in 0.2% or 6,149 shares. Fil reported 624,952 shares stake. Shamrock Asset Mngmt Ltd Liability Corporation reported 3,334 shares stake. Foster Motley Inc, a Ohio-based fund reported 45,038 shares. Deutsche Fincl Bank Ag has 3.55 million shares. Qcm Cayman reported 1,190 shares or 0.47% of all its holdings. Ny State Teachers Retirement System owns 0.58% invested in Amgen, Inc. (NASDAQ:AMGN) for 1.31 million shares. Stearns Fincl Services Gp holds 0.2% in Amgen, Inc. (NASDAQ:AMGN) or 4,896 shares. Bkd Wealth Advsr Limited Liability Corporation has 3,580 shares for 0.07% of their portfolio. Legg Mason Asset (Japan) Limited reported 8,600 shares. Winfield Assoc has 385 shares for 0.04% of their portfolio.

South State Corp increased Anthem Inc (NYSE:ANTM) stake by 4,817 shares to 49,322 valued at $9.28M in 2017Q2. It also upped Fortive Corp stake by 11,801 shares and now owns 109,469 shares. Allergan Plc was raised too.

Analysts await Methanex Corporation (USA) (NASDAQ:MEOH) to report earnings on January, 24. They expect $0.89 earnings per share, up 217.86% or $0.61 from last year’s $0.28 per share. MEOH’s profit will be $75.67 million for 13.84 P/E if the $0.89 EPS becomes a reality. After $0.60 actual earnings per share reported by Methanex Corporation (USA) for the previous quarter, Wall Street now forecasts 48.33% EPS growth.

Among 12 analysts covering Methanex Corporation (NASDAQ:MEOH), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Methanex Corporation had 60 analyst reports since July 27, 2015 according to SRatingsIntel. On Tuesday, October 17 the stock rating was maintained by Jefferies with “Buy”. On Friday, July 31 the stock rating was upgraded by TD Securities to “Buy”. The firm has “Hold” rating given on Tuesday, July 18 by RBC Capital Markets. The rating was upgraded by TD Securities to “Buy” on Friday, July 29. The firm has “Strong Buy” rating given on Tuesday, May 17 by Raymond James. The firm earned “Outperform” rating on Wednesday, March 2 by Raymond James. Raymond James downgraded the stock to “Outperform” rating in Wednesday, August 19 report. The firm has “Buy” rating by BMO Capital Markets given on Thursday, June 29. As per Wednesday, March 29, the company rating was upgraded by IBC. Cowen & Co maintained the shares of MEOH in report on Wednesday, September 9 with “Outperform” rating.

Guardian Capital Lp increased Transcanada Corp (NYSE:TRP) stake by 31,352 shares to 4.06 million valued at $193.31M in 2017Q2. It also upped Unitedhealth Group Inc (NYSE:UNH) stake by 6,025 shares and now owns 85,920 shares. Yum China Hldgs Inc was raised too.

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By1 Vivian Park




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