Financial Architects Raised Merck & Co (MRK) Holding; MYR Group Inc. (MYRG) Covered By 3 Bullish Analysts Last Week

February 20, 2018 - By Ellis Scott

Financial Architects Inc increased Merck & Co Inc (MRK) stake by 904.96% reported in 2017Q3 SEC filing. Financial Architects Inc acquired 22,624 shares as Merck & Co Inc (MRK)’s stock declined 2.46%. The Financial Architects Inc holds 25,124 shares with $1.61M value, up from 2,500 last quarter. Merck & Co Inc now has $153.36B valuation. The stock increased 0.54% or $0.3 during the last trading session, reaching $56.29. About 11.73 million shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since February 20, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.

Among 9 analysts covering MYR Group (NASDAQ:MYRG), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. MYR Group had 25 analyst reports since August 11, 2015 according to SRatingsIntel. Avondale downgraded MYR Group Inc. (NASDAQ:MYRG) on Friday, November 18 to “Market Perform” rating. The rating was maintained by Robert W. Baird on Friday, October 6 with “Buy”. On Tuesday, August 11 the stock rating was downgraded by Zacks to “Buy”. The company was maintained on Thursday, September 7 by KeyBanc Capital Markets. The stock of MYR Group Inc. (NASDAQ:MYRG) earned “Buy” rating by Robert W. Baird on Wednesday, December 6. As per Tuesday, March 8, the company rating was maintained by FBR Capital. The stock of MYR Group Inc. (NASDAQ:MYRG) earned “Hold” rating by Stifel Nicolaus on Wednesday, October 18. On Monday, August 28 the stock rating was maintained by Stifel Nicolaus with “Hold”. On Sunday, December 10 the stock rating was maintained by Stifel Nicolaus with “Hold”. As per Friday, August 5, the company rating was maintained by Maxim Group. See MYR Group Inc. (NASDAQ:MYRG) latest ratings:

03/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $41.0 Maintain
10/12/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $38.0 Maintain
06/12/2017 Broker: Robert W. Baird Rating: Buy New Target: $38.0 Maintain
16/11/2017 Broker: FBR Capital Rating: Hold New Target: $35.0
03/11/2017 Broker: Robert W. Baird Rating: Outperform Old Target: $34 New Target: $35 Maintain
02/11/2017 Broker: Canaccord Genuity Rating: Buy New Target: $35.0
18/10/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $29.0 Maintain
06/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $34.0 Maintain
07/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
05/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $34.0 Maintain

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company has market cap of $557.40 million. It operates through two divisions, Transmission and Distribution, and Commercial and Industrial. It has a 36.33 P/E ratio. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to clients in the electric utility and the renewable energy industries.

The stock decreased 0.09% or $0.03 during the last trading session, reaching $33.86. About 48,822 shares traded. MYR Group Inc. (NASDAQ:MYRG) has risen 24.13% since February 20, 2017 and is uptrending. It has outperformed by 7.43% the S&P500.

Investors sentiment increased to 1.23 in Q3 2017. Its up 0.11, from 1.12 in 2017Q2. It increased, as 16 investors sold MYR Group Inc. shares while 41 reduced holdings. 20 funds opened positions while 50 raised stakes. 13.62 million shares or 2.20% less from 13.93 million shares in 2017Q2 were reported. Victory Cap Management holds 120,136 shares. Comerica National Bank reported 17,393 shares. Rmb Cap Limited Com accumulated 98,250 shares or 0.07% of the stock. Pub Employees Retirement Of Ohio invested in 2,624 shares or 0% of the stock. First Tru Advsrs Lp holds 0.01% of its portfolio in MYR Group Inc. (NASDAQ:MYRG) for 95,144 shares. State Of Alaska Department Of Revenue invested in 3,262 shares. Pub Employees Retirement Association Of Colorado owns 0% invested in MYR Group Inc. (NASDAQ:MYRG) for 5,376 shares. Jpmorgan Chase & holds 0% or 625,578 shares. Schwab Charles Investment Inc holds 0% in MYR Group Inc. (NASDAQ:MYRG) or 143,512 shares. Third Avenue Mgmt Ltd Llc accumulated 130,400 shares or 0.17% of the stock. Waddell Reed Fin Incorporated holds 252,626 shares or 0.02% of its portfolio. Aqr Mgmt Lc holds 196,609 shares or 0.01% of its portfolio. 1.39M are held by Dimensional Fund Limited Partnership. Thrivent Fincl For Lutherans holds 152,620 shares or 0.02% of its portfolio. Sei Investments, Pennsylvania-based fund reported 8,229 shares.

Financial Architects Inc decreased Enstar Group Limited (NASDAQ:ESGR) stake by 3,000 shares to 8,000 valued at $1.78M in 2017Q3. It also reduced Rydex Etf Trust (RFG) stake by 3,600 shares and now owns 62,918 shares. Ishares Tr (Call) (DVY) was reduced too.

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. Merck & Co. Inc. had 79 analyst reports since August 13, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Monday, October 30 by Barclays Capital. The company was maintained on Tuesday, November 17 by Argus Research. The company was maintained on Monday, October 30 by Leerink Swann. The company was initiated on Friday, January 13 by Bryan Garnier & Cie. BMO Capital Markets maintained it with “Buy” rating and $7400 target in Monday, June 12 report. The stock has “Buy” rating by UBS on Friday, August 19. SunTrust maintained Merck & Co., Inc. (NYSE:MRK) rating on Friday, July 28. SunTrust has “Buy” rating and $7300 target. BMO Capital Markets maintained it with “Buy” rating and $7400 target in Tuesday, June 6 report. As per Tuesday, June 14, the company rating was maintained by Jefferies. The stock of Merck & Co., Inc. (NYSE:MRK) earned “Buy” rating by BMO Capital Markets on Friday, July 28.

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By1 Ellis Scott

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