As Spark Therapeutics (ONCE) Stock Declined, Eventide Asset Management Increased Stake by $15.49 Million; Pzena Investment Management Lifted Position in Diamondrock Hospitality Co. (DRH) as Stock Declined

January 14, 2018 - By Steve Bissell

Richard S. Pzena increased its stake in Diamondrock Hospitality Co. (DRH) by 5.14% based on its latest 2017Q3 regulatory filing with the SEC. Pzena Investment Management Llc bought 53,768 shares as the company’s stock declined 1.07% while stock markets rallied. The hedge fund run by Richard S. Pzena held 1.10M shares of the real estate investment trusts company at the end of 2017Q3, valued at $12.04 million, up from 1.05M at the end of the previous reported quarter. Pzena Investment Management Llc who had been investing in Diamondrock Hospitality Co. for a number of months, seems to be bullish on the $2.33B market cap company. The stock decreased 0.09% or $0.01 during the last trading session, reaching $11.61. About 1.76 million shares traded. DiamondRock Hospitality Company (NYSE:DRH) has risen 33.29% since January 14, 2017 and is uptrending. It has outperformed by 16.59% the S&P500.

Eventide Asset Management Llc increased its stake in Spark Therapeutics Inc (ONCE) by 116% based on its latest 2017Q3 regulatory filing with the SEC. Eventide Asset Management Llc bought 174,000 shares as the company’s stock declined 16.96% while stock markets rallied. The institutional investor held 324,000 shares of the health care company at the end of 2017Q3, valued at $28.89 million, up from 150,000 at the end of the previous reported quarter. Eventide Asset Management Llc who had been investing in Spark Therapeutics Inc for a number of months, seems to be bullish on the $1.95B market cap company. The stock decreased 2.61% or $1.41 during the last trading session, reaching $52.66. About 712,166 shares traded. Spark Therapeutics, Inc. (NASDAQ:ONCE) has risen 13.53% since January 14, 2017 and is uptrending. It has underperformed by 3.17% the S&P500.

Pzena Investment Management Llc, which manages about $24.64 billion and $18.92 billion US Long portfolio, decreased its stake in Flex Ltd (NASDAQ:FLEX) by 124,263 shares to 4.43M shares, valued at $73.37 million in 2017Q3, according to the filing. It also reduced its holding in Dxc Technology Company by 26,877 shares in the quarter, leaving it with 142,637 shares, and cut its stake in On Semiconductor Corp (ONNN).

Since August 14, 2017, it had 0 insider purchases, and 1 sale for $67,200 activity.

Investors sentiment decreased to 1.33 in 2017 Q3. Its down 0.33, from 1.66 in 2017Q2. It dived, as 18 investors sold DRH shares while 62 reduced holdings. 28 funds opened positions while 78 raised stakes. 213.52 million shares or 1.23% less from 216.19 million shares in 2017Q2 were reported. Jacobs Levy Equity Mgmt owns 13,300 shares or 0% of their US portfolio. Macquarie Gru Limited accumulated 74,300 shares. Eqis Capital Management, a California-based fund reported 33,508 shares. Barclays Plc stated it has 0% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH). Proshare Ltd accumulated 64,559 shares. Teachers Annuity Association Of America stated it has 0.06% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH). Voya Invest Ltd Limited Liability Company reported 0.01% stake. Qcm Cayman Limited holds 10,319 shares. Pggm invested in 1.81 million shares. Millennium Mgmt Ltd Liability Com has invested 0.03% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH). South Dakota Council holds 0.01% or 52,300 shares. Germany-based Deutsche Comml Bank Ag has invested 0.04% in DiamondRock Hospitality Company (NYSE:DRH). State Of Alaska Department Of Revenue has 209,192 shares. Amundi Pioneer Asset holds 157,145 shares. Martingale Asset Mngmt Lp reported 0.03% of its portfolio in DiamondRock Hospitality Company (NYSE:DRH).

Among 17 analysts covering Diamondrock Hospitality Company (NYSE:DRH), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Diamondrock Hospitality Company had 42 analyst reports since August 12, 2015 according to SRatingsIntel. Boenning & Scattergood maintained DiamondRock Hospitality Company (NYSE:DRH) on Wednesday, April 19 with “Underperform” rating. As per Monday, September 26, the company rating was downgraded by Morgan Stanley. The firm has “Buy” rating given on Monday, May 15 by Stifel Nicolaus. The stock has “In-Line” rating by Evercore on Tuesday, November 7. Stifel Nicolaus maintained the shares of DRH in report on Tuesday, September 19 with “Buy” rating. The rating was maintained by Canaccord Genuity with “Buy” on Monday, August 7. The firm earned “Hold” rating on Tuesday, March 29 by Stifel Nicolaus. The rating was upgraded by Raymond James to “Outperform” on Friday, July 14. The stock of DiamondRock Hospitality Company (NYSE:DRH) earned “Outperform” rating by Evercore on Monday, December 4. Goldman Sachs maintained the shares of DRH in report on Tuesday, April 11 with “Neutral” rating.

Investors sentiment increased to 2.94 in Q3 2017. Its up 1.13, from 1.81 in 2017Q2. It improved, as 17 investors sold ONCE shares while 19 reduced holdings. 46 funds opened positions while 60 raised stakes. 33.64 million shares or 23.59% more from 27.22 million shares in 2017Q2 were reported. Royal Bancorp Of Canada accumulated 30,222 shares or 0% of the stock. Bnp Paribas Arbitrage Sa owns 3,134 shares. Manufacturers Life The has invested 0% in Spark Therapeutics, Inc. (NASDAQ:ONCE). Meeder Asset Mngmt accumulated 0% or 64 shares. Sectoral Asset Management Incorporated reported 1.34% in Spark Therapeutics, Inc. (NASDAQ:ONCE). Blackrock Incorporated reported 2.61 million shares. Pacad Inv Ltd accumulated 200 shares. Wells Fargo & Mn has 0.01% invested in Spark Therapeutics, Inc. (NASDAQ:ONCE) for 476,750 shares. Amundi Pioneer Asset Mgmt stated it has 0.02% in Spark Therapeutics, Inc. (NASDAQ:ONCE). Moreover, Sanctuary Wealth Advisors Limited Liability Com has 2.99% invested in Spark Therapeutics, Inc. (NASDAQ:ONCE) for 43,333 shares. Massachusetts Service Ma has invested 0% in Spark Therapeutics, Inc. (NASDAQ:ONCE). Morgan Stanley holds 0% or 63,299 shares. Quantitative Inv Mngmt Ltd Liability Corp holds 0.12% or 120,000 shares. Dekabank Deutsche Girozentrale owns 13,800 shares. 5,130 are owned by Smith Asset Mgmt Lp.

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By1 Steve Bissell







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