Rbf Capital Has Trimmed First Internet Bancorp (INBK) Position by $642,200; Share Value Declined; As Illumina (ILMN) Market Value Rose, Eaton Vance Management Has Lifted Its Holding

May 17, 2018 - By Peter Mason

Illumina, Inc. (NASDAQ:ILMN) Logo

Eaton Vance Management increased its stake in Illumina Inc (ILMN) by 85.67% based on its latest 2017Q4 regulatory filing with the SEC. Eaton Vance Management bought 13,582 shares as the company’s stock rose 10.04% while stock markets declined. The institutional investor held 29,436 shares of the capital goods company at the end of 2017Q4, valued at $6.43M, up from 15,854 at the end of the previous reported quarter. Eaton Vance Management who had been investing in Illumina Inc for a number of months, seems to be bullish on the $39.52B market cap company. The stock increased 1.93% or $5.09 during the last trading session, reaching $268.84. About 480,804 shares traded. Illumina, Inc. (NASDAQ:ILMN) has risen 37.77% since May 17, 2017 and is uptrending. It has outperformed by 26.22% the S&P500.

Rbf Capital Llc decreased its stake in First Internet Bancorp (INBK) by 56.33% based on its latest 2017Q4 regulatory filing with the SEC. Rbf Capital Llc sold 16,900 shares as the company’s stock declined 8.24% with the market. The institutional investor held 13,100 shares of the major banks company at the end of 2017Q4, valued at $500,000, down from 30,000 at the end of the previous reported quarter. Rbf Capital Llc who had been investing in First Internet Bancorp for a number of months, seems to be less bullish one the $283.53M market cap company. The stock increased 1.36% or $0.45 during the last trading session, reaching $33.55. About 16,687 shares traded. First Internet Bancorp (NASDAQ:INBK) has risen 23.53% since May 17, 2017 and is uptrending. It has outperformed by 11.98% the S&P500.

Investors sentiment increased to 1.39 in Q4 2017. Its up 0.29, from 1.1 in 2017Q3. It increased, as 29 investors sold ILMN shares while 161 reduced holdings. 86 funds opened positions while 179 raised stakes. 130.72 million shares or 0.63% less from 131.54 million shares in 2017Q3 were reported. Moreover, Nomura Asset has 0.07% invested in Illumina, Inc. (NASDAQ:ILMN). Bender Robert And Associate accumulated 55,120 shares. Prudential Financial holds 433,300 shares or 0.13% of its portfolio. Great West Life Assurance Can holds 0.05% or 105,616 shares in its portfolio. Fiera Corp owns 1,307 shares or 0% of their US portfolio. Glob X Company Ltd Llc, New York-based fund reported 4,150 shares. Advisor Partners Ltd Liability Corporation has 2,715 shares for 0.12% of their portfolio. Benjamin F Edwards Inc has invested 0.01% in Illumina, Inc. (NASDAQ:ILMN). 1.71 million are held by Franklin Res. Riverpark Advisors Ltd Liability Corp holds 11,960 shares or 0.37% of its portfolio. Moreover, Whittier Tru Comm has 0.02% invested in Illumina, Inc. (NASDAQ:ILMN) for 2,353 shares. Private Wealth Limited Liability Company holds 0.28% or 7,000 shares in its portfolio. Aperio Gru holds 56,732 shares. Amp Capital Invsts Ltd invested in 49,515 shares or 0.06% of the stock. Hightower Limited Liability Corp reported 0.02% in Illumina, Inc. (NASDAQ:ILMN).

Among 28 analysts covering Illumina Inc (NASDAQ:ILMN), 20 have Buy rating, 1 Sell and 7 Hold. Therefore 71% are positive. Illumina Inc had 102 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Illumina, Inc. (NASDAQ:ILMN) has “Hold” rating given on Monday, October 23 by Robert W. Baird. Barclays Capital upgraded the stock to “Overweight” rating in Monday, May 7 report. CL King upgraded the stock to “Buy” rating in Friday, January 6 report. The rating was upgraded by Deutsche Bank on Monday, October 23 to “Buy”. The firm earned “Buy” rating on Wednesday, December 20 by Cowen & Co. The firm earned “Buy” rating on Wednesday, August 2 by J.P. Morgan. Mizuho downgraded Illumina, Inc. (NASDAQ:ILMN) on Tuesday, October 6 to “Neutral” rating. Cantor Fitzgerald initiated the shares of ILMN in report on Wednesday, August 26 with “Buy” rating. The firm has “Hold” rating given on Wednesday, August 2 by First Analysis. The stock of Illumina, Inc. (NASDAQ:ILMN) earned “Buy” rating by Canaccord Genuity on Wednesday, July 22.

Eaton Vance Management, which manages about $88.88B and $41.30 billion US Long portfolio, decreased its stake in Jazz Pharmaceuticals Plc (NASDAQ:JAZZ) by 3,629 shares to 118,106 shares, valued at $15.90 million in 2017Q4, according to the filing. It also reduced its holding in Freeport (NYSE:FCX) by 156,087 shares in the quarter, leaving it with 43,858 shares, and cut its stake in Fireeye Inc (NASDAQ:FEYE).

Since January 2, 2018, it had 0 insider buys, and 21 insider sales for $14.53 million activity. Stapley Marc sold $467,288 worth of Illumina, Inc. (NASDAQ:ILMN) on Tuesday, March 6. The insider EASTHAM KARIN sold $458,735. BOWMAN A BLAINE also sold $681,028 worth of Illumina, Inc. (NASDAQ:ILMN) on Thursday, March 1. 1,250 shares were sold by EPSTEIN ROBERT S, worth $305,225 on Monday, January 29. Van Oene Mark had sold 1,400 shares worth $333,872. ARNOLD FRANCES also sold $63,065 worth of Illumina, Inc. (NASDAQ:ILMN) shares.

More notable recent Illumina, Inc. (NASDAQ:ILMN) news were published by: Benzinga.com which released: “Benzinga’s Daily Biotech Pulse: Aytu Rallies On Earnings, Evolus Awaits FDA Verdict, BofA Conference Underway” on May 15, 2018, also Seekingalpha.com with their article: “Illumina buys Edico Genome” published on May 15, 2018, Digitaljournal.com published: “Update: Lawsuit for Investors in Illumina, Inc. (NASDAQ: ILMN) Shares Announced by Shareholders Foundation” on April 23, 2018. More interesting news about Illumina, Inc. (NASDAQ:ILMN) were released by: Streetinsider.com and their article: “Illumina (ILMN) Acquires Edico Genome” published on May 15, 2018 as well as Fool.com‘s news article titled: “Illumina Inc. First-Quarter Results: NovaSeq Still the Gift That Keeps on Giving” with publication date: April 25, 2018.

Rbf Capital Llc, which manages about $906.30M US Long portfolio, upped its stake in Spdr S&P Midcap 400 Etf Tr (MDY) by 10,854 shares to 30,854 shares, valued at $10.66 million in 2017Q4, according to the filing. It also increased its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 20,000 shares in the quarter, for a total of 120,000 shares, and has risen its stake in Fanhua Inc.

More recent First Internet Bancorp (NASDAQ:INBK) news were published by: Businesswire.com which released: “First Internet Bank Receives Honors” on May 08, 2018. Also Streetinsider.com published the news titled: “India’s Infosys sets up blockchain-based trade finance network with seven banks” on May 16, 2018. Streetinsider.com‘s news article titled: “First Internet Bancorp (INBK) Tops Q1 EPS by 2c” with publication date: April 19, 2018 was also an interesting one.

Investors sentiment decreased to 2 in Q4 2017. Its down 2.27, from 4.27 in 2017Q3. It fall, as 12 investors sold INBK shares while 19 reduced holdings. 23 funds opened positions while 39 raised stakes. 5.74 million shares or 46.19% less from 10.66 million shares in 2017Q3 were reported. Argent Cap Management Ltd Co holds 0.18% or 138,700 shares. Legal And General Group Public Limited Company holds 0% or 2,085 shares in its portfolio. Nordea Mngmt Ab has 24,700 shares for 0% of their portfolio. 1492 Cap Management Ltd holds 0.47% or 15,948 shares. 368 are held by Tower Ltd Liability Corporation (Trc). Numeric Investors Ltd Liability Corporation holds 0% or 13,100 shares. Metropolitan Life owns 2,463 shares. Ajo LP invested in 42,054 shares or 0.01% of the stock. Vanguard Group has 348,061 shares for 0% of their portfolio. Rbf Capital Limited Com stated it has 13,100 shares. First Wilshire Securities Mngmt has invested 0.21% in First Internet Bancorp (NASDAQ:INBK). Bnp Paribas Arbitrage Sa owns 2,258 shares or 0% of their US portfolio. National Bank & Trust Of Montreal Can owns 4,742 shares or 0% of their US portfolio. Stifel Fincl reported 145,663 shares. Foundry Ltd Limited Liability Company holds 0.29% or 183,037 shares in its portfolio.

Illumina, Inc. (NASDAQ:ILMN) Institutional Positions Chart

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By1 Peter Mason

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