United Therapeutics (UTHR) Share Value Declined While Krensavage Asset Management Has Raised Stake; As Advance Auto Parts (AAP) Stock Value Declined, Scharf Investments Has Lifted Position by $14.82 Million

January 13, 2018 - By Marie Mckinney

Krensavage Asset Management Llc increased its stake in United Therapeutics Corp (UTHR) by 26.93% based on its latest 2017Q3 regulatory filing with the SEC. Krensavage Asset Management Llc bought 73,515 shares as the company’s stock declined 27.66% while stock markets rallied. The institutional investor held 346,511 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $40.61M, up from 272,996 at the end of the previous reported quarter. Krensavage Asset Management Llc who had been investing in United Therapeutics Corp for a number of months, seems to be bullish on the $6.10B market cap company. The stock decreased 1.16% or $1.66 during the last trading session, reaching $141.27. About 417,842 shares traded or 5.21% up from the average. United Therapeutics Corporation (NASDAQ:UTHR) has risen 9.78% since January 13, 2017 and is uptrending. It has underperformed by 6.92% the S&P500.

Scharf Investments Llc increased its stake in Advance Auto Parts Inc (AAP) by 9.71% based on its latest 2017Q3 regulatory filing with the SEC. Scharf Investments Llc bought 149,741 shares as the company’s stock declined 6.26% while stock markets rallied. The institutional investor held 1.69 million shares of the other specialty stores company at the end of 2017Q3, valued at $167.90M, up from 1.54M at the end of the previous reported quarter. Scharf Investments Llc who had been investing in Advance Auto Parts Inc for a number of months, seems to be bullish on the $8.56B market cap company. The stock increased 2.65% or $2.99 during the last trading session, reaching $115.94. About 1.58 million shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 5.52% since January 13, 2017 and is uptrending. It has underperformed by 11.18% the S&P500.

Since August 3, 2017, it had 0 insider buys, and 15 sales for $2.30 million activity. CAUSEY CHRISTOPHER sold $70,760 worth of stock or 580 shares.

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.04, from 1.03 in 2017Q2. It dived, as 31 investors sold UTHR shares while 114 reduced holdings. 44 funds opened positions while 100 raised stakes. 41.49 million shares or 6.19% less from 44.22 million shares in 2017Q2 were reported. New York State Common Retirement Fund holds 0.02% or 108,098 shares. 33,504 were reported by Shell Asset Mngmt. Parallax Volatility Advisers Limited Partnership owns 48 shares. Moreover, Pictet Asset Limited has 0.03% invested in United Therapeutics Corporation (NASDAQ:UTHR) for 99,611 shares. Citigroup Inc invested in 98,157 shares. Swiss Bankshares owns 165,600 shares for 0.02% of their portfolio. Clearbridge Invs Lc owns 0% invested in United Therapeutics Corporation (NASDAQ:UTHR) for 261 shares. Creative Planning invested 0% of its portfolio in United Therapeutics Corporation (NASDAQ:UTHR). Opus Point Mngmt Ltd Llc accumulated 4,108 shares. Nuveen Asset Limited Liability Co has 4,246 shares for 0% of their portfolio. Robeco Institutional Asset Bv stated it has 158,368 shares or 0.11% of all its holdings. Advisory Svcs Net Llc reported 0.01% stake. Grp One Trading Limited Partnership accumulated 100 shares. Midas Mngmt Corporation owns 4,025 shares for 0.25% of their portfolio. Comerica Retail Bank accumulated 0.03% or 34,043 shares.

Among 12 analysts covering United Therapeutics (NASDAQ:UTHR), 2 have Buy rating, 4 Sell and 6 Hold. Therefore 17% are positive. United Therapeutics had 27 analyst reports since July 29, 2015 according to SRatingsIntel. On Tuesday, May 24 the stock rating was downgraded by Argus Research to “Hold”. The rating was downgraded by Barclays Capital to “Underweight” on Tuesday, November 29. The firm earned “Buy” rating on Monday, November 13 by Wedbush. Oppenheimer maintained United Therapeutics Corporation (NASDAQ:UTHR) rating on Sunday, July 30. Oppenheimer has “Buy” rating and $17500 target. The firm earned “Hold” rating on Thursday, October 26 by H.C. Wainwright. The firm has “Outperform” rating given on Thursday, December 15 by Oppenheimer. As per Friday, July 31, the company rating was maintained by Argus Research. The stock of United Therapeutics Corporation (NASDAQ:UTHR) earned “Hold” rating by Standpoint Research on Thursday, January 19. The stock has “Equal-Weight” rating by Barclays Capital on Friday, February 26. The rating was downgraded by H.C. Wainwright on Wednesday, June 15 to “Neutral”.

Krensavage Asset Management Llc, which manages about $60.40M and $320.80M US Long portfolio, decreased its stake in Enanta Pharmaceuticals Inc (NASDAQ:ENTA) by 91,145 shares to 1.01 million shares, valued at $47.45 million in 2017Q3, according to the filing. It also reduced its holding in Orthofix International Nv (NASDAQ:OFIX) by 96,706 shares in the quarter, leaving it with 487,101 shares, and cut its stake in Bioverativ Inc.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.07, from 1.07 in 2017Q2. It turned negative, as 72 investors sold AAP shares while 112 reduced holdings. 59 funds opened positions while 125 raised stakes. 74.92 million shares or 1.99% less from 76.44 million shares in 2017Q2 were reported. Axon LP holds 60,200 shares. Kentucky Retirement Systems reported 0.03% in Advance Auto Parts, Inc. (NYSE:AAP). Pinnacle Associates Ltd accumulated 0.1% or 53,605 shares. Brant Point Inv Mngmt Limited Liability Company stated it has 0.17% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Haverford Trust Communications holds 0% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP) for 2,182 shares. Walleye Trading Ltd Llc reported 0.01% stake. Whittier Trust Of Nevada has invested 0% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Clearbridge Ltd Liability Co reported 414,018 shares or 0.04% of all its holdings. Yorktown Mgmt & Rech reported 5,800 shares or 0.15% of all its holdings. Altrinsic Global Advisors Limited Liability Corporation has 180,190 shares for 0.68% of their portfolio. Gotham Asset Mngmt Limited holds 255,120 shares or 0.37% of its portfolio. Eulav Asset Mngmt holds 0.06% or 12,200 shares in its portfolio. Cwm Limited holds 0.01% or 1,193 shares. M&T Fincl Bank reported 0% in Advance Auto Parts, Inc. (NYSE:AAP). First Allied Advisory Ser Inc holds 0.07% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP) for 16,100 shares.

Among 27 analysts covering Advance Auto Parts Inc. (NYSE:AAP), 13 have Buy rating, 3 Sell and 11 Hold. Therefore 48% are positive. Advance Auto Parts Inc. had 89 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Guggenheim on Wednesday, January 18. The rating was maintained by Wedbush with “Outperform” on Thursday, July 6. On Thursday, August 24 the stock rating was maintained by UBS with “Buy”. The firm earned “Buy” rating on Friday, February 5 by UBS. The firm earned “Positive” rating on Tuesday, November 15 by Susquehanna. Raymond James upgraded the shares of AAP in report on Tuesday, November 15 to “Strong Buy” rating. The firm earned “Overweight” rating on Friday, May 20 by Morgan Stanley. Susquehanna initiated the shares of AAP in report on Friday, August 26 with “Neutral” rating. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, September 20 report. On Sunday, August 16 the stock rating was maintained by RBC Capital Markets with “Buy”.

Scharf Investments Llc, which manages about $2.69 billion and $4.12B US Long portfolio, decreased its stake in Cerner Corp (NASDAQ:CERN) by 55,056 shares to 1.57M shares, valued at $111.85 million in 2017Q3, according to the filing. It also reduced its holding in Walgreens Boots Alliance Inc by 26,202 shares in the quarter, leaving it with 1.83 million shares, and cut its stake in Aon Plc (NYSE:AON).

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