As Celgene (CELG) Shares Declined, Shareholder Carmignac Gestion Has Cut by $182.27 Million Its Holding; Nuveen Asset Management Cut Stake in Take (TTWO) by $2.22 Million

May 26, 2018 - By Ash

Celgene Corporation (NASDAQ:CELG) Logo

Carmignac Gestion decreased its stake in Celgene Corp (CELG) by 23.07% based on its latest 2017Q4 regulatory filing with the SEC. Carmignac Gestion sold 1.75M shares as the company’s stock declined 19.30% with the market. The institutional investor held 5.84 million shares of the major pharmaceuticals company at the end of 2017Q4, valued at $609.80 million, down from 7.60 million at the end of the previous reported quarter. Carmignac Gestion who had been investing in Celgene Corp for a number of months, seems to be less bullish one the $57.11B market cap company. The stock decreased 1.14% or $0.91 during the last trading session, reaching $78.63. About 4.78 million shares traded. Celgene Corporation (NASDAQ:CELG) has declined 31.28% since May 26, 2017 and is downtrending. It has underperformed by 42.83% the S&P500.

Nuveen Asset Management Llc decreased its stake in Take (TTWO) by 13.62% based on its latest 2017Q4 regulatory filing with the SEC. Nuveen Asset Management Llc sold 20,362 shares as the company’s stock declined 10.17% with the market. The institutional investor held 129,121 shares of the technology company at the end of 2017Q4, valued at $14.18 million, down from 149,483 at the end of the previous reported quarter. Nuveen Asset Management Llc who had been investing in Take for a number of months, seems to be less bullish one the $12.81 billion market cap company. The stock decreased 0.04% or $0.05 during the last trading session, reaching $112.02. About 954,965 shares traded. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has risen 67.39% since May 26, 2017 and is uptrending. It has outperformed by 55.84% the S&P500.

Nuveen Asset Management Llc, which manages about $15.61B US Long portfolio, upped its stake in American Tower Corp New (NYSE:AMT) by 913,560 shares to 915,260 shares, valued at $130.58 million in 2017Q4, according to the filing. It also increased its holding in Verisign Inc (NASDAQ:VRSN) by 24,695 shares in the quarter, for a total of 119,584 shares, and has risen its stake in Universal Fst Prods Inc (NASDAQ:UFPI).

Investors sentiment increased to 1.27 in 2017 Q4. Its up 0.09, from 1.18 in 2017Q3. It increased, as 45 investors sold TTWO shares while 123 reduced holdings. 93 funds opened positions while 120 raised stakes. 98.01 million shares or 2.20% less from 100.22 million shares in 2017Q3 were reported. Old Mutual Global (Uk) reported 26,071 shares or 0.03% of all its holdings. Caxton Assoc Ltd Partnership stated it has 53,440 shares. Price T Rowe Associates Md holds 0.01% or 762,403 shares. Texas Yale Cap Corp holds 0.08% of its portfolio in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 8,300 shares. Stephens Grp Ltd Liability Co reported 590,994 shares stake. State Of Alaska Department Of Revenue invested in 0.03% or 10,810 shares. Wells Fargo And Com Mn invested in 1.81M shares or 0.06% of the stock. Employees Retirement Association Of Colorado owns 22,563 shares for 0.02% of their portfolio. Thompson Davis And Inc holds 625 shares. Sterling Cap Ltd reported 242,710 shares. Advisory Rech Inc stated it has 5,059 shares. Massachusetts Finance Ma has invested 0.12% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). 351,323 are held by Royal Bank Of Canada. Graham Capital Lp has 8,402 shares for 0.02% of their portfolio. 477,918 were reported by Columbus Circle Invsts.

Among 20 analysts covering Take-Two Interactive Software (NASDAQ:TTWO), 17 have Buy rating, 0 Sell and 3 Hold. Therefore 85% are positive. Take-Two Interactive Software had 83 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 31 by Stifel Nicolaus. Piper Jaffray maintained the stock with “Overweight” rating in Tuesday, August 11 report. The stock of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) earned “Neutral” rating by Wedbush on Thursday, February 4. The stock of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) earned “Buy” rating by Mizuho on Friday, November 6. The firm has “Buy” rating by Robert W. Baird given on Thursday, February 8. The stock has “Outperform” rating by Robert W. Baird on Wednesday, November 8. BMO Capital Markets maintained it with “Buy” rating and $135.0 target in Friday, November 10 report. BTIG Research initiated Take-Two Interactive Software, Inc. (NASDAQ:TTWO) rating on Monday, December 18. BTIG Research has “Buy” rating and $142.0 target. Piper Jaffray maintained the shares of TTWO in report on Wednesday, October 11 with “Buy” rating. Jefferies maintained Take-Two Interactive Software, Inc. (NASDAQ:TTWO) rating on Wednesday, November 8. Jefferies has “Buy” rating and $140.0 target.

More notable recent Take-Two Interactive Software, Inc. (NASDAQ:TTWO) news were published by: Benzinga.com which released: “Activision Blizzard’s Q1 Earnings Leaked Ahead Of Release” on May 03, 2018, also Streetinsider.com with their article: “After-Hours Movers 5/16: (ESND) (EXTR) Higher; (ACXM) (CSCO) (TTWO) Lower (more…)” published on May 16, 2018, Fool.com published: “Can Video Game Companies Convince Advertisers to Buy Into Esports?” on May 25, 2018. More interesting news about Take-Two Interactive Software, Inc. (NASDAQ:TTWO) were released by: Seekingalpha.com and their article: “Look For Broken Stocks On Tepid Market Days – Cramer’s Mad Money (5/22/18)” published on May 23, 2018 as well as Nasdaq.com‘s news article titled: “Take-Two Interactive’s Quarter Had 2 Conflicting Tales to Tell” with publication date: May 25, 2018.

Since February 15, 2018, it had 0 insider buys, and 4 sales for $52.81 million activity. The insider Slatoff Karl sold $24.12M. Another trade for 428 shares valued at $46,271 was sold by Sheresky Michael.

Carmignac Gestion, which manages about $15.05 billion US Long portfolio, upped its stake in Noble Energy Inc (NYSE:NBL) by 13.28M shares to 13.78 million shares, valued at $401.55M in 2017Q4, according to the filing. It also increased its holding in Sp Adr by 78,100 shares in the quarter, for a total of 2.59 million shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

Among 35 analysts covering Celgene Corporation (NASDAQ:CELG), 20 have Buy rating, 1 Sell and 14 Hold. Therefore 57% are positive. Celgene Corporation had 149 analyst reports since July 21, 2015 according to SRatingsIntel. Mizuho maintained it with “Buy” rating and $13400 target in Thursday, June 1 report. BMO Capital Markets maintained Celgene Corporation (NASDAQ:CELG) rating on Friday, October 27. BMO Capital Markets has “Outperform” rating and $148 target. The firm has “Overweight” rating given on Friday, December 8 by Atlantic Securities. The rating was maintained by Oppenheimer with “Outperform” on Monday, October 30. The firm has “Outperform” rating by Credit Suisse given on Wednesday, February 28. The firm has “Buy” rating given on Wednesday, May 23 by Bernstein. Mizuho maintained Celgene Corporation (NASDAQ:CELG) rating on Wednesday, July 26. Mizuho has “Buy” rating and $13400 target. On Tuesday, September 12 the stock rating was maintained by Cowen & Co with “Buy”. The firm has “Buy” rating by Mizuho given on Tuesday, November 8. The firm has “Buy” rating by William Blair given on Wednesday, February 28.

Analysts await Celgene Corporation (NASDAQ:CELG) to report earnings on July, 26. They expect $1.87 EPS, up 11.31% or $0.19 from last year’s $1.68 per share. CELG’s profit will be $1.36B for 10.51 P/E if the $1.87 EPS becomes a reality. After $1.61 actual EPS reported by Celgene Corporation for the previous quarter, Wall Street now forecasts 16.15% EPS growth.

More notable recent Celgene Corporation (NASDAQ:CELG) news were published by: Seekingalpha.com which released: “Goldman bearish on Celgene” on May 25, 2018, also Seekingalpha.com with their article: “Celgene: Still (Looks) Appealing” published on May 21, 2018, Seekingalpha.com published: “Will ‘Public Shaming’ Sink Celgene?” on May 21, 2018. More interesting news about Celgene Corporation (NASDAQ:CELG) were released by: Benzinga.com and their article: “Celgene Forges Oncology Partnership With Germany’s Evotec” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “My 2 Cents On The Ozanimod Saga” with publication date: May 15, 2018.

Celgene Corporation (NASDAQ:CELG) Institutional Positions Chart

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