Diageo Plc Sponsored Adr (DEO) Stock Rose While Tocqueville Asset Management LP Has Lifted Its Position; Capstone Investment Advisors Stake in Celgene (Put) (CELG) Decreased by $928,000

February 20, 2018 - By Peter Erickson

Capstone Investment Advisors Llc decreased its stake in Celgene Corp (Put) (CELG) by 83.12% based on its latest 2017Q3 regulatory filing with the SEC. Capstone Investment Advisors Llc sold 6,400 shares as the company’s stock declined 3.49% while stock markets rallied. The hedge fund held 1,300 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $189,000, down from 7,700 at the end of the previous reported quarter. Capstone Investment Advisors Llc who had been investing in Celgene Corp (Put) for a number of months, seems to be less bullish one the $70.45B market cap company. The stock decreased 1.68% or $1.6 during the last trading session, reaching $93.66. About 3.27M shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since February 20, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Tocqueville Asset Management Lp increased its stake in Diageo Plc Sponsored Adr (DEO) by 5.47% based on its latest 2017Q3 regulatory filing with the SEC. Tocqueville Asset Management Lp bought 20,495 shares as the company’s stock rose 5.26% with the market. The institutional investor held 395,463 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $52.25 million, up from 374,968 at the end of the previous reported quarter. Tocqueville Asset Management Lp who had been investing in Diageo Plc Sponsored Adr for a number of months, seems to be bullish on the $79.19B market cap company. The stock decreased 1.00% or $1.4 during the last trading session, reaching $139.1. About 284,271 shares traded. Diageo plc (NYSE:DEO) has risen 12.82% since February 20, 2017 and is uptrending. It has underperformed by 3.88% the S&P500.

Among 26 analysts covering Diageo (NYSE:DEO), 16 have Buy rating, 3 Sell and 7 Hold. Therefore 62% are positive. Diageo had 42 analyst reports since July 31, 2015 according to SRatingsIntel. BNP Paribas upgraded the stock to “Outperform” rating in Friday, September 11 report. RBC Capital Markets downgraded the shares of DEO in report on Monday, January 29 to “Sector Perform” rating. The rating was upgraded by Credit Suisse on Thursday, October 29 to “Outperform”. The rating was upgraded by Goldman Sachs on Tuesday, June 28 to “Neutral”. The stock has “Buy” rating by Societe Generale on Monday, June 26. The rating was maintained by Jefferies on Monday, June 19 with “Buy”. As per Thursday, August 6, the company rating was upgraded by Investec. The stock has “Buy” rating by Jefferies on Tuesday, October 31. Kepler Cheuvreux maintained the shares of DEO in report on Friday, July 31 with “Hold” rating. The firm has “Buy” rating by HSBC given on Wednesday, October 26.

Tocqueville Asset Management Lp, which manages about $12.62B and $8.69B US Long portfolio, decreased its stake in Priceline Grp Inc (NASDAQ:PCLN) by 220 shares to 15,410 shares, valued at $28.21 million in 2017Q3, according to the filing. It also reduced its holding in Republic Svcs Inc (NYSE:RSG) by 21,370 shares in the quarter, leaving it with 232,315 shares, and cut its stake in Axa Sa Sponsored Adr (AXAHY).

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.17, from 1.34 in 2017Q2. It dived, as 44 investors sold CELG shares while 457 reduced holdings. 133 funds opened positions while 451 raised stakes. 603.99 million shares or 0.25% more from 602.51 million shares in 2017Q2 were reported. Endurance Wealth Management invested in 6,470 shares. Marathon Cap Management holds 17,100 shares. The New York-based Nbt Bank N A New York has invested 0.47% in Celgene Corporation (NASDAQ:CELG). Beech Hill reported 0.26% in Celgene Corporation (NASDAQ:CELG). 4,113 were accumulated by Altfest L J &. Pacific Heights Asset Mngmt Llc invested 1.49% of its portfolio in Celgene Corporation (NASDAQ:CELG). Mcrae Management Inc reported 111,072 shares. Atlantic Tru Group Incorporated Limited Liability Corporation holds 0.59% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 900,053 shares. Nomura Asset Co Limited reported 1.35% of its portfolio in Celgene Corporation (NASDAQ:CELG). Arvest State Bank Tru Division owns 1.19% invested in Celgene Corporation (NASDAQ:CELG) for 114,558 shares. The Texas-based Dimensional Fund Advisors Limited Partnership has invested 0.12% in Celgene Corporation (NASDAQ:CELG). Brave Asset reported 40,298 shares. Carderock Cap Mgmt holds 1.59% of its portfolio in Celgene Corporation (NASDAQ:CELG) for 24,184 shares. 13,478 were reported by Main Street Rech Ltd Liability Co. The Massachusetts-based Ipswich Inv Management has invested 1.73% in Celgene Corporation (NASDAQ:CELG).

Capstone Investment Advisors Llc, which manages about $16.83B and $2.85B US Long portfolio, upped its stake in Ishares Inc (EWZ) by 133,080 shares to 154,605 shares, valued at $6.45M in 2017Q3, according to the filing. It also increased its holding in Src Energy Inc (Call) by 61,291 shares in the quarter, for a total of 90,000 shares, and has risen its stake in Alon Usa Energy Inc (Prn).

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 19 have Buy rating, 2 Sell and 12 Hold. Therefore 58% are positive. Celgene Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird maintained it with “Buy” rating and $162.0 target in Tuesday, September 19 report. The stock of Celgene Corporation (NASDAQ:CELG) has “Buy” rating given on Friday, November 6 by UBS. The stock has “Buy” rating by Cowen & Co on Friday, October 20. The stock of Celgene Corporation (NASDAQ:CELG) has “Hold” rating given on Friday, May 5 by Argus Research. SunTrust maintained the shares of CELG in report on Friday, October 20 with “Buy” rating. Oppenheimer maintained Celgene Corporation (NASDAQ:CELG) on Thursday, July 27 with “Buy” rating. The firm has “Neutral” rating given on Friday, June 30 by BTIG Research. The stock has “Hold” rating by Standpoint Research on Wednesday, November 9. Cantor Fitzgerald maintained Celgene Corporation (NASDAQ:CELG) on Friday, July 24 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 7.

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By1 Peter Erickson

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