Prescott Group Capital Management Has Boosted By $3.06 Million Its Seadrill Partners (SDLP) Stake; Teacher Retirement System Of Texas Trimmed Its Baxter Intl (BAX) Position

November 15, 2017 - By Vivian Park

Prescott Group Capital Management Llc increased Seadrill Partners Llc (SDLP) stake by 115.43% reported in 2017Q2 SEC filing. Prescott Group Capital Management Llc acquired 1.02 million shares as Seadrill Partners Llc (SDLP)’s stock declined 33.33%. The Prescott Group Capital Management Llc holds 1.91M shares with $6.48 million value, up from 884,400 last quarter. Seadrill Partners Llc now has $341.58M valuation. The stock declined 1.59% or $0.06 reaching $3.72 on the news. About 2,587 shares traded. Seadrill Partners LLC (NYSE:SDLP) has declined 33.20% since November 15, 2016 and is downtrending. It has underperformed by 49.90% the S&P500.

Teacher Retirement System Of Texas decreased Baxter Intl Inc (BAX) stake by 11.53% reported in 2017Q2 SEC filing. Teacher Retirement System Of Texas sold 70,601 shares as Baxter Intl Inc (BAX)’s stock rose 15.04%. The Teacher Retirement System Of Texas holds 541,563 shares with $32.79 million value, down from 612,164 last quarter. Baxter Intl Inc now has $35.04B valuation. The stock declined 0.23% or $0.15 reaching $64.31 per share. About 12,234 shares traded. Baxter International Inc (NYSE:BAX) has risen 32.55% since November 15, 2016 and is uptrending. It has outperformed by 15.85% the S&P500.

Among 6 analysts covering Seadrill Partners (NYSE:SDLP), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Seadrill Partners had 7 analyst reports since August 26, 2015 according to SRatingsIntel. The rating was downgraded by Morgan Stanley on Tuesday, July 26 to “Equal-Weight”. On Monday, November 30 the stock rating was downgraded by Oppenheimer to “Perform”. Seaport Global downgraded the shares of SDLP in report on Friday, December 18 to “Neutral” rating. The rating was downgraded by Wells Fargo to “Underperform” on Friday, September 9. Morgan Stanley upgraded it to “Overweight” rating and $8 target in Thursday, February 2 report.

Teacher Retirement System Of Texas increased Celgene Corp (NASDAQ:CELG) stake by 45,448 shares to 453,335 valued at $58.88M in 2017Q2. It also upped Hewlett Packard Enterprise C stake by 2.25 million shares and now owns 3.17 million shares. Starwood Ppty Tr Inc (NYSE:STWD) was raised too.

Since May 23, 2017, it had 0 insider buys, and 1 sale for $151,635 activity. Shapazian Carole J sold $151,635 worth of stock.

Analysts await Baxter International Inc (NYSE:BAX) to report earnings on February, 7. They expect $0.59 EPS, up 3.51% or $0.02 from last year’s $0.57 per share. BAX’s profit will be $321.47 million for 27.25 P/E if the $0.59 EPS becomes a reality. After $0.64 actual EPS reported by Baxter International Inc for the previous quarter, Wall Street now forecasts -7.81% negative EPS growth.

Among 16 analysts covering Baxter International (NYSE:BAX), 8 have Buy rating, 0 Sell and 8 Hold. Therefore 50% are positive. Baxter International had 41 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was initiated by Evercore with “Buy” on Wednesday, May 4. The stock has “Hold” rating by S&P Research on Friday, July 31. The company was upgraded on Tuesday, April 4 by Leerink Swann. Morgan Stanley maintained Baxter International Inc (NYSE:BAX) on Tuesday, July 25 with “Equal-Weight” rating. RBC Capital Markets maintained the stock with “Hold” rating in Monday, October 2 report. The firm earned “Overweight” rating on Friday, June 30 by Cantor Fitzgerald. The firm has “Hold” rating given on Friday, September 1 by RBC Capital Markets. The rating was upgraded by Piper Jaffray to “Overweight” on Thursday, April 14. The stock has “Overweight” rating by Barclays Capital on Thursday, October 26. The firm has “Neutral” rating given on Monday, August 10 by Credit Suisse.

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By1 Vivian Park




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