Medifast (MED) Market Value Rose While Kennedy Capital Management Cut by $14.19 Million Its Holding; Cutter & Company Brokerage Has Cut Its Position in American Water Works Co (AWK) by $442,988 as Shares Declined

May 19, 2018 - By Kurt Siggers

Medifast, Inc. (NYSE:MED) Logo

Kennedy Capital Management Inc decreased its stake in Medifast Inc (MED) by 74.67% based on its latest 2017Q4 regulatory filing with the SEC. Kennedy Capital Management Inc sold 205,649 shares as the company’s stock rose 23.31% while stock markets declined. The institutional investor held 69,755 shares of the packaged foods company at the end of 2017Q4, valued at $4.87 million, down from 275,404 at the end of the previous reported quarter. Kennedy Capital Management Inc who had been investing in Medifast Inc for a number of months, seems to be less bullish one the $1.60 billion market cap company. The stock increased 0.08% or $0.1 during the last trading session, reaching $133.01. About 142,909 shares traded. Medifast, Inc. (NYSE:MED) has risen 107.05% since May 19, 2017 and is uptrending. It has outperformed by 95.50% the S&P500.

Cutter & Company Brokerage Inc decreased its stake in American Water Works Co (AWK) by 6.66% based on its latest 2017Q4 regulatory filing with the SEC. Cutter & Company Brokerage Inc sold 4,868 shares as the company’s stock declined 10.85% with the market. The institutional investor held 68,232 shares of the water supply company at the end of 2017Q4, valued at $6.24M, down from 73,100 at the end of the previous reported quarter. Cutter & Company Brokerage Inc who had been investing in American Water Works Co for a number of months, seems to be less bullish one the $14.32B market cap company. The stock increased 0.14% or $0.11 during the last trading session, reaching $80.45. About 765,669 shares traded. American Water Works Company, Inc. (NYSE:AWK) has risen 5.01% since May 19, 2017 and is uptrending. It has underperformed by 6.54% the S&P500.

Investors sentiment increased to 1.33 in Q4 2017. Its up 0.33, from 1 in 2017Q3. It improved, as 14 investors sold MED shares while 56 reduced holdings. 36 funds opened positions while 57 raised stakes. 10.23 million shares or 0.32% more from 10.20 million shares in 2017Q3 were reported. Financial Bank Of Montreal Can holds 0% of its portfolio in Medifast, Inc. (NYSE:MED) for 471 shares. 12,300 were reported by Alliancebernstein Lp. Parametric Portfolio Assocs Ltd stated it has 0% of its portfolio in Medifast, Inc. (NYSE:MED). Engaged Limited Co holds 2.4% or 264,549 shares. Kbc Nv holds 0.01% or 20,198 shares in its portfolio. State Of Tennessee Treasury Department holds 8,350 shares or 0% of its portfolio. Ls Invest Lc holds 1,691 shares or 0.01% of its portfolio. Capital Fund Mgmt Sa invested in 13,400 shares or 0.01% of the stock. Wells Fargo And Mn holds 0% or 71,486 shares in its portfolio. 28,500 were accumulated by U S Glob Invsts. 55 are held by Mufg Americas Corporation. James Inv Research holds 0.06% or 26,290 shares. 1,104 are held by Envestnet Asset Management Incorporated. Laurion Mgmt Ltd Partnership has 77,177 shares. First Tru Advsr Limited Partnership owns 9,401 shares or 0% of their US portfolio.

Another recent and important Medifast, Inc. (NYSE:MED) news was published by Seekingalpha.com which published an article titled: “Medifast’s (MED) CEO Dan Chard on Q1 2018 Results – Earnings Call Transcript” on May 04, 2018.

Since March 8, 2018, it had 0 insider purchases, and 3 sales for $4.87 million activity. $3.47M worth of stock was sold by MACDONALD MICHAEL C on Thursday, March 8.

Among 3 analysts covering Medifast (NYSE:MED), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Medifast had 8 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by Sidoti on Monday, November 30 to “Neutral”. Sidoti upgraded the stock to “Buy” rating in Monday, October 5 report. The rating was downgraded by Zacks on Monday, August 10 to “Hold”. The firm has “Buy” rating given on Monday, January 11 by Sidoti. The stock of Medifast, Inc. (NYSE:MED) earned “Buy” rating by DA Davidson on Friday, September 15. As per Friday, January 29, the company rating was initiated by Wunderlich. The firm has “Neutral” rating by Sidoti given on Thursday, April 19. The rating was initiated by DA Davidson with “Buy” on Wednesday, August 16.

Analysts await Medifast, Inc. (NYSE:MED) to report earnings on August, 14. They expect $1.00 EPS, up 58.73% or $0.37 from last year’s $0.63 per share. MED’s profit will be $12.06 million for 33.25 P/E if the $1.00 EPS becomes a reality. After $1.01 actual EPS reported by Medifast, Inc. for the previous quarter, Wall Street now forecasts -0.99% negative EPS growth.

Kennedy Capital Management Inc, which manages about $5.67 billion and $5.58B US Long portfolio, upped its stake in Dsw Inc Class A (NYSE:DSW) by 142,305 shares to 499,984 shares, valued at $10.71M in 2017Q4, according to the filing. It also increased its holding in Carpenter Technology Corp (NYSE:CRS) by 404,070 shares in the quarter, for a total of 490,698 shares, and has risen its stake in Civista Bancshares Inc.

Investors sentiment increased to 1.09 in Q4 2017. Its up 0.04, from 1.05 in 2017Q3. It increased, as 23 investors sold AWK shares while 203 reduced holdings. 78 funds opened positions while 169 raised stakes. 144.77 million shares or 3.51% more from 139.87 million shares in 2017Q3 were reported. Quantbot Techs Limited Partnership stated it has 0.09% of its portfolio in American Water Works Company, Inc. (NYSE:AWK). Pub Employees Retirement Association Of Colorado invested in 370,365 shares or 0.22% of the stock. Mitsubishi Ufj Trust And invested in 491,251 shares. Mountain Pacific Invest Advisers Incorporated Id, a Idaho-based fund reported 8,965 shares. Pettee Investors reported 4,384 shares. 13.26 million are owned by Blackrock Inc. Raymond James has 0.03% invested in American Water Works Company, Inc. (NYSE:AWK) for 179,727 shares. Fifth Third Bancorp, a Ohio-based fund reported 2,370 shares. Ameritas Inv Ptnrs holds 0.02% of its portfolio in American Water Works Company, Inc. (NYSE:AWK) for 4,019 shares. Deroy & Devereaux Private Inv Counsel has invested 0.02% in American Water Works Company, Inc. (NYSE:AWK). First Wilshire Management stated it has 1.78% in American Water Works Company, Inc. (NYSE:AWK). Moreover, 1St Source Bancorp has 0.32% invested in American Water Works Company, Inc. (NYSE:AWK). 2,924 were reported by Trexquant Limited Partnership. Farmers Merchants Invs invested in 0% or 73 shares. Massachusetts-based Putnam Fl has invested 1.33% in American Water Works Company, Inc. (NYSE:AWK).

More notable recent American Water Works Company, Inc. (NYSE:AWK) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: AGCO, American Water Works, Carbonite, Cheniere, Comcast, Northrup …” on May 08, 2018, also Businesswire.com with their article: “American Water Increases Quarterly Dividend by 9.6%” published on April 20, 2018, Businesswire.com published: “Illinois American Water Acquires Sundale Utilities, Inc.” on May 18, 2018. More interesting news about American Water Works Company, Inc. (NYSE:AWK) were released by: Businesswire.com and their article: “Pennsylvania American Water Unveils Interactive Map to Spotlight Pipeline Projects” published on May 14, 2018 as well as Businesswire.com‘s news article titled: “American Water Named Best for Vets Employer 2018” with publication date: May 17, 2018.

Among 13 analysts covering American Water Works (NYSE:AWK), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. American Water Works had 34 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Friday, September 29 with “Hold”. The company was downgraded on Thursday, October 15 by Ladenburg Thalmann. The firm earned “Hold” rating on Thursday, October 19 by Wells Fargo. The firm has “Neutral” rating by Janney Capital given on Friday, November 3. The company was downgraded on Wednesday, March 15 by HSBC. The rating was maintained by Robert W. Baird on Friday, November 3 with “Neutral”. Robert W. Baird maintained American Water Works Company, Inc. (NYSE:AWK) on Thursday, February 22 with “Neutral” rating. The rating was downgraded by Guggenheim on Tuesday, January 2 to “Neutral”. Boenning & Scattergood maintained the shares of AWK in report on Thursday, August 3 with “Hold” rating. The rating was upgraded by Janney Capital to “Buy” on Monday, April 16.

Analysts await American Water Works Company, Inc. (NYSE:AWK) to report earnings on August, 1. They expect $0.81 earnings per share, up 10.96% or $0.08 from last year’s $0.73 per share. AWK’s profit will be $144.22 million for 24.83 P/E if the $0.81 EPS becomes a reality. After $0.59 actual earnings per share reported by American Water Works Company, Inc. for the previous quarter, Wall Street now forecasts 37.29% EPS growth.

Medifast, Inc. (NYSE:MED) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Kurt Siggers

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: