Wedge Capital Management L LP Has Raised Nabors Industries LTD (NBR) Holding By $3.57 Million; KRAIG BIOCRAFT LABS (KBLB) Sellers Increased By 1160.47% Their Shorts

November 15, 2017 - By Linda Rogers

KRAIG BIOCRAFT LABS (OTCMKTS:KBLB) had an increase of 1160.47% in short interest. KBLB’s SI was 54,200 shares in November as released by FINRA. Its up 1160.47% from 4,300 shares previously. The stock decreased 0.98% or $0.0005 on November 14, reaching $0.0505. About 284,060 shares traded. Kraig Biocraft Laboratories Inc (OTCMKTS:KBLB) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Wedge Capital Management L LP increased Nabors Industries Ltd. (NBR) stake by 41.17% reported in 2017Q2 SEC filing. Wedge Capital Management L LP acquired 446,543 shares as Nabors Industries Ltd. (NBR)’s stock declined 31.29%. The Wedge Capital Management L LP holds 1.53 million shares with $12.46 million value, up from 1.08M last quarter. Nabors Industries Ltd. now has $1.63B valuation. The stock decreased 6.78% or $0.41 during the last trading session, reaching $5.71. About shares traded. Nabors Industries Ltd. (NYSE:NBR) has risen 32.66% since November 15, 2016 and is uptrending. It has outperformed by 15.96% the S&P500.

Kraig Biocraft Laboratories, Inc. is a biotechnology firm focused on the development and commercialization of spider silks. The company has market cap of $40.51 million. The Company’s lead product is a genetically engineered spider silk known as Monster Silk. It currently has negative earnings. Monster Silk is a composite fiber, which is spun by its line of transgenic silkworms.

Since May 30, 2017, it had 1 insider buy, and 0 selling transactions for $181,522 activity. Restrepo William J bought $181,522 worth of Nabors Industries Ltd. (NYSE:NBR) on Tuesday, May 30.

Wedge Capital Management L LP decreased Great Plains Energy Incorporated (NYSE:GXP) stake by 56,167 shares to 5.03 million valued at $147.34 million in 2017Q2. It also reduced Big 5 Sporting Goods Corporation (NASDAQ:BGFV) stake by 60,449 shares and now owns 15,749 shares. Zimmer Biomet Holdings Inc. (ZMH) was reduced too.

Investors sentiment decreased to 1.09 in 2017 Q2. Its down 0.13, from 1.22 in 2017Q1. It is negative, as 50 investors sold NBR shares while 92 reduced holdings. 48 funds opened positions while 107 raised stakes. 269.17 million shares or 6.35% less from 287.43 million shares in 2017Q1 were reported. Airain Limited holds 0.11% in Nabors Industries Ltd. (NYSE:NBR) or 316,827 shares. Brown Capital Mgmt Limited Com invested in 0.07% or 702,270 shares. Millennium Mngmt Limited Liability, New York-based fund reported 102,417 shares. Ubs Asset Management Americas Incorporated has invested 0% of its portfolio in Nabors Industries Ltd. (NYSE:NBR). Massachusetts-based Panagora Asset Management has invested 0.01% in Nabors Industries Ltd. (NYSE:NBR). Aristeia Cap Limited Liability Company reported 499,099 shares or 0.2% of all its holdings. Gsa Prns Llp accumulated 13,719 shares. Strs Ohio invested in 2.32 million shares. Ls Inv Advsr Ltd holds 22,907 shares or 0.01% of its portfolio. Capstone Limited Liability Com holds 20,300 shares or 0% of its portfolio. Arizona State Retirement System invested 0.01% of its portfolio in Nabors Industries Ltd. (NYSE:NBR). Cipher Cap Limited Partnership accumulated 45,030 shares. Da Davidson & has invested 0% in Nabors Industries Ltd. (NYSE:NBR). Oceanic Investment Management Ltd owns 1.01M shares. Northstar Asset Mngmt Limited Company invested in 10,000 shares.

Among 32 analysts covering Nabors Industries Ltd. (NYSE:NBR), 26 have Buy rating, 0 Sell and 6 Hold. Therefore 81% are positive. Nabors Industries Ltd. has $22 highest and $7 lowest target. $10.80’s average target is 89.14% above currents $5.71 stock price. Nabors Industries Ltd. had 103 analyst reports since August 6, 2015 according to SRatingsIntel. Howard Weil maintained the stock with “Sector Perform” rating in Monday, November 2 report. The firm has “Buy” rating given on Wednesday, October 18 by Cowen & Co. The rating was upgraded by Citigroup to “Buy” on Friday, December 11. The firm has “Buy” rating given on Wednesday, April 5 by Nomura. Bernstein initiated the stock with “Outperform” rating in Friday, December 2 report. Howard Weil maintained the stock with “Sector Outperform” rating in Tuesday, November 15 report. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, October 11 report. The firm has “Hold” rating by Jefferies given on Wednesday, September 6. Instinet upgraded the stock to “Buy” rating in Wednesday, April 5 report. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, July 13 report.

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By1 Linda Rogers




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