As Hologic (HOLX) Stock Rose, Shareholder Highbridge Capital Management Increased Its Position; Quidel Corp. (QDEL) Share Price Rose While Investment Management Of Virginia Has Lowered Its Stake

February 15, 2018 - By Vivian Currie

Investment Management Of Virginia Llc decreased its stake in Quidel Corp. (QDEL) by 26.43% based on its latest 2017Q3 regulatory filing with the SEC. Investment Management Of Virginia Llc sold 65,897 shares as the company’s stock rose 16.85% with the market. The institutional investor held 183,446 shares of the in vitro & in vivo diagnostic substances company at the end of 2017Q3, valued at $8.05 million, down from 249,343 at the end of the previous reported quarter. Investment Management Of Virginia Llc who had been investing in Quidel Corp. for a number of months, seems to be less bullish one the $1.49 billion market cap company. The stock decreased 1.02% or $0.45 during the last trading session, reaching $43.86. About 290,514 shares traded. Quidel Corporation (NASDAQ:QDEL) has risen 56.78% since February 15, 2017 and is uptrending. It has outperformed by 40.08% the S&P500.

Glenn Russell Dubin increased its stake in Hologic Inc (HOLX) by 653.39% based on its latest 2017Q3 regulatory filing with the SEC. Highbridge Capital Management Llc bought 43,882 shares as the company’s stock rose 7.50% with the market. The hedge fund run by Glenn Russell Dubin held 50,598 shares of the health care company at the end of 2017Q3, valued at $1.86M, up from 6,716 at the end of the previous reported quarter. Highbridge Capital Management Llc who had been investing in Hologic Inc for a number of months, seems to be bullish on the $10.52B market cap company. The stock increased 0.61% or $0.23 during the last trading session, reaching $38.03. About 3.32M shares traded or 18.27% up from the average. Hologic, Inc. (NASDAQ:HOLX) has risen 29.21% since February 15, 2017 and is uptrending. It has outperformed by 12.51% the S&P500.

Highbridge Capital Management Llc, which manages about $32.39B and $6.68B US Long portfolio, decreased its stake in Magna Intl Inc (NYSE:MGA) by 132,500 shares to 17,500 shares, valued at $934,000 in 2017Q3, according to the filing. It also reduced its holding in Caterpillar Inc Del (Put) (NYSE:CAT) by 5,300 shares in the quarter, leaving it with 2,200 shares, and cut its stake in Biogen Inc (Put) (NASDAQ:BIIB).

Since September 7, 2017, it had 0 insider purchases, and 3 sales for $898,744 activity.

Among 18 analysts covering Hologic (NASDAQ:HOLX), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. Hologic had 57 analyst reports since July 24, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $51 target in Thursday, August 3 report. Needham maintained Hologic, Inc. (NASDAQ:HOLX) on Wednesday, August 23 with “Buy” rating. The rating was upgraded by Needham to “Buy” on Thursday, January 28. The firm earned “Buy” rating on Tuesday, August 1 by Needham. As per Friday, May 26, the company rating was maintained by Jefferies. The rating was maintained by Canaccord Genuity on Wednesday, January 3 with “Buy”. On Friday, February 9 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm earned “Underweight” rating on Thursday, July 30 by Barclays Capital. The stock of Hologic, Inc. (NASDAQ:HOLX) has “Buy” rating given on Wednesday, December 20 by Cowen & Co. The rating was maintained by Piper Jaffray on Monday, January 8 with “Buy”.

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.50, from 1.38 in 2017Q2. It is negative, as 75 investors sold HOLX shares while 145 reduced holdings. 64 funds opened positions while 129 raised stakes. 265.54 million shares or 0.74% less from 267.53 million shares in 2017Q2 were reported. Envestnet Asset Mngmt has 98,149 shares. Salem Counselors Incorporated has invested 0% in Hologic, Inc. (NASDAQ:HOLX). New Mexico Educational Retirement Board holds 0.05% or 26,000 shares in its portfolio. Baker Avenue Asset Mgmt Ltd Partnership reported 0.08% of its portfolio in Hologic, Inc. (NASDAQ:HOLX). Olstein Mngmt Ltd Partnership holds 119,700 shares or 0.57% of its portfolio. Waterstone Cap Management Limited Partnership stated it has 391,200 shares. Connor Clark And Lunn Inv Management Limited holds 7,325 shares. Voya Invest Mgmt Lc holds 0.01% or 167,357 shares in its portfolio. Dupont Cap invested 0.13% of its portfolio in Hologic, Inc. (NASDAQ:HOLX). Ontario Teachers Pension Plan Board holds 0.03% in Hologic, Inc. (NASDAQ:HOLX) or 62,179 shares. New York-based Silvercrest Asset Mgmt Grp Incorporated Ltd has invested 0.03% in Hologic, Inc. (NASDAQ:HOLX). Dekabank Deutsche Girozentrale, a Germany-based fund reported 492,576 shares. Strategic Advisors Limited Liability Corporation owns 81,803 shares or 1.15% of their US portfolio. Advisory Services Network Ltd owns 2,233 shares for 0.01% of their portfolio. 2,080 were reported by Evercore Wealth Management Limited Liability Company.

Among 9 analysts covering Quidel (NASDAQ:QDEL), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Quidel has $60.0 highest and $16 lowest target. $42’s average target is -4.24% below currents $43.86 stock price. Quidel had 30 analyst reports since September 2, 2015 according to SRatingsIntel. The stock of Quidel Corporation (NASDAQ:QDEL) earned “Neutral” rating by Piper Jaffray on Friday, December 16. The stock of Quidel Corporation (NASDAQ:QDEL) earned “Buy” rating by Canaccord Genuity on Tuesday, September 19. The stock of Quidel Corporation (NASDAQ:QDEL) earned “Outperform” rating by William Blair on Tuesday, July 18. The stock of Quidel Corporation (NASDAQ:QDEL) has “Buy” rating given on Thursday, January 4 by CL King. The firm has “Buy” rating by C.L. King given on Thursday, January 4. The firm earned “Buy” rating on Tuesday, January 2 by Canaccord Genuity. The stock of Quidel Corporation (NASDAQ:QDEL) earned “Overweight” rating by Barclays Capital on Wednesday, September 2. The rating was upgraded by Canaccord Genuity on Tuesday, July 18 to “Buy”. The stock of Quidel Corporation (NASDAQ:QDEL) has “Outperform” rating given on Monday, June 13 by Raymond James. Raymond James maintained Quidel Corporation (NASDAQ:QDEL) rating on Thursday, July 27. Raymond James has “Outperform” rating and $41 target.

Since August 29, 2017, it had 0 insider buys, and 10 selling transactions for $14.61 million activity. BORKAR RATAN S sold 29,880 shares worth $1.35M. Another trade for 36,383 shares valued at $1.46M was made by STEWARD RANDALL J on Tuesday, December 12. $661,529 worth of Quidel Corporation (NASDAQ:QDEL) was sold by Kroll Werner. $4.40M worth of Quidel Corporation (NASDAQ:QDEL) was sold by Bujarski Robert Joseph on Friday, December 15. On Friday, January 5 the insider SCHULER JACK W sold $188,080.

Investment Management Of Virginia Llc, which manages about $425.49 million US Long portfolio, upped its stake in Schlumberger Limited (NYSE:SLB) by 11,732 shares to 120,153 shares, valued at $8.38 million in 2017Q3, according to the filing. It also increased its holding in Echo Global Logistics Inc. (NASDAQ:ECHO) by 114,259 shares in the quarter, for a total of 160,798 shares, and has risen its stake in Luminex Corp. (NASDAQ:LMNX).

Investors sentiment decreased to 1.2 in Q3 2017. Its down 1.21, from 2.41 in 2017Q2. It dived, as 24 investors sold QDEL shares while 32 reduced holdings. 33 funds opened positions while 34 raised stakes. 30.68 million shares or 6.86% more from 28.71 million shares in 2017Q2 were reported. New York State Common Retirement Fund reported 899,390 shares stake. Tower Rech Capital Lc (Trc) holds 1,291 shares or 0% of its portfolio. Davidson Kempner Cap Management LP owns 159,045 shares. Wellington Management Grp Limited Liability Partnership has 0% invested in Quidel Corporation (NASDAQ:QDEL). 526 were reported by Pnc Financial Svcs Group Incorporated. Columbus Circle Investors accumulated 125,491 shares or 0.09% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Quidel Corporation (NASDAQ:QDEL) for 1,843 shares. Acadian Asset Mgmt Lc has invested 0.01% in Quidel Corporation (NASDAQ:QDEL). Castleark Mgmt Ltd Llc owns 84,518 shares. Jpmorgan Chase And, a New York-based fund reported 221,033 shares. Td Asset holds 0% or 36,984 shares. Parametric Port Associate Lc reported 45,020 shares. Retail Bank Of America Corporation De has invested 0% of its portfolio in Quidel Corporation (NASDAQ:QDEL). Savings Bank Of Mellon has 0% invested in Quidel Corporation (NASDAQ:QDEL). Jane Street Ltd Liability Co owns 0% invested in Quidel Corporation (NASDAQ:QDEL) for 4,673 shares.

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