Palo Alto Investors Has Cut By $2.69 Million Its Abiomed (ABMD) Holding; Fiesta Restaurant Group Has 1.39 Sentiment

January 13, 2018 - By Michael Collier

Palo Alto Investors Llc decreased Abiomed Inc (ABMD) stake by 0.82% reported in 2017Q3 SEC filing. Palo Alto Investors Llc sold 15,984 shares as Abiomed Inc (ABMD)’s stock rose 15.32%. The Palo Alto Investors Llc holds 1.94 million shares with $326.29 million value, down from 1.95 million last quarter. Abiomed Inc now has $9.51B valuation. The stock increased 2.36% or $4.96 during the last trading session, reaching $215.11. About 283,376 shares traded. ABIOMED, Inc. (NASDAQ:ABMD) has risen 40.97% since January 13, 2017 and is uptrending. It has outperformed by 24.27% the S&P500.

Fiesta Restaurant Group, Inc., through its subsidiaries, owns, operates, and franchises fast-casual restaurants. The company has market cap of $520.83 million. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brand names. It currently has negative earnings. The companyÂ’s Pollo Tropical restaurants offer various Caribbean inspired food, and Taco Cabana restaurants offer a selection of Mexican food.

Bandera Partners Llc holds 4.68% of its portfolio in Fiesta Restaurant Group, Inc. for 281,932 shares. Birch Run Capital Advisors Lp owns 648,000 shares or 4.33% of their US portfolio. Moreover, Leucadia National Corp has 3.93% invested in the company for 2.48 million shares. The Florida-based Private Capital Management Llc has invested 3.48% in the stock. Newtyn Management Llc, a New York-based fund reported 1.00 million shares.

The stock decreased 0.77% or $0.15 during the last trading session, reaching $19.4. About 156,438 shares traded. Fiesta Restaurant Group, Inc. (FRGI) has declined 2.73% since January 13, 2017 and is downtrending. It has underperformed by 19.43% the S&P500.

Ratings analysis reveals 25% of Fiesta Restaurant’s analysts are positive. Out of 4 Wall Street analysts rating Fiesta Restaurant, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. FRGI was included in 4 notes of analysts from August 29, 2016. The firm earned “Neutral” rating on Monday, August 29 by Piper Jaffray. Raymond James downgraded the stock to “Mkt Perform” rating in Tuesday, February 28 report. The rating was downgraded by Standpoint Research on Tuesday, November 15 to “Hold”. Wedbush maintained the shares of FRGI in report on Tuesday, February 28 with “Outperform” rating.

Analysts await Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) to report earnings on February, 26. They expect $0.13 earnings per share, down 51.85% or $0.14 from last year’s $0.27 per share. FRGI’s profit will be $3.49M for 37.31 P/E if the $0.13 EPS becomes a reality. After $0.06 actual earnings per share reported by Fiesta Restaurant Group, Inc. for the previous quarter, Wall Street now forecasts 116.67% EPS growth.

Since January 1, 0001, it had 9 buys, and 0 sales for $19.54 million activity.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.13, from 1.43 in 2017Q2. It dropped, as 27 investors sold ABMD shares while 89 reduced holdings. 55 funds opened positions while 96 raised stakes. 38.51 million shares or 1.21% less from 38.99 million shares in 2017Q2 were reported. State Board Of Administration Of Florida Retirement Sys, a Florida-based fund reported 60,037 shares. Beaumont Financial Ptnrs Lc has invested 0.05% in ABIOMED, Inc. (NASDAQ:ABMD). Fin Service Corp owns 0% invested in ABIOMED, Inc. (NASDAQ:ABMD) for 10 shares. Manufacturers Life Comm The stated it has 0.01% in ABIOMED, Inc. (NASDAQ:ABMD). Huntington Bancshares stated it has 0% of its portfolio in ABIOMED, Inc. (NASDAQ:ABMD). Geode Cap Mngmt Limited Liability Corp reported 349,645 shares. Deutsche Bank & Trust Ag has invested 0.01% of its portfolio in ABIOMED, Inc. (NASDAQ:ABMD). Jacobs Levy Equity Inc reported 0.07% in ABIOMED, Inc. (NASDAQ:ABMD). Shaker Ltd Co Oh invested in 21,595 shares or 2.54% of the stock. Artemis Management Ltd Liability Partnership reported 0.13% of its portfolio in ABIOMED, Inc. (NASDAQ:ABMD). Amalgamated Bank has 0.04% invested in ABIOMED, Inc. (NASDAQ:ABMD) for 8,188 shares. Advsrs Asset Mgmt has invested 0.05% of its portfolio in ABIOMED, Inc. (NASDAQ:ABMD). Northern Trust Corporation reported 351,403 shares. Amp Capital Invsts Limited stated it has 0% in ABIOMED, Inc. (NASDAQ:ABMD). Cibc Asset Inc owns 1,468 shares or 0% of their US portfolio.

Since July 31, 2017, it had 0 insider buys, and 5 selling transactions for $9.51 million activity. 10,000 ABIOMED, Inc. (NASDAQ:ABMD) shares with value of $1.55 million were sold by THOMAS PAUL. On Saturday, September 30 the insider Greenfield Andrew J sold $1.91M. $3.48M worth of stock was sold by ROSE ERIC A MD on Thursday, August 24. 16,500 shares were sold by Weber David M, worth $2.44M on Monday, July 31.

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