Argentiere Capital Ag Raised Stake in Shire Plc (SHPG) as Stock Value Declined; As Knowles (KN) Valuation Declined, Anchor Capital Advisors Has Raised by $387,940 Its Position

May 18, 2018 - By Clifton Ray

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Kevin Michael Ulrich increased its stake in Knowles Corp (KN) by 31.3% based on its latest 2017Q4 regulatory filing with the SEC. Anchor Capital Advisors Llc bought 27,710 shares as the company’s stock declined 16.89% with the market. The hedge fund run by Kevin Michael Ulrich held 116,228 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.70M, up from 88,518 at the end of the previous reported quarter. Anchor Capital Advisors Llc who had been investing in Knowles Corp for a number of months, seems to be bullish on the $1.31B market cap company. The stock decreased 0.03% or $0.005 during the last trading session, reaching $14.525. About 225,162 shares traded. Knowles Corporation (NYSE:KN) has declined 33.21% since May 18, 2017 and is downtrending. It has underperformed by 44.76% the S&P500.




Argentiere Capital Ag increased its stake in Shire Plc (SHPG) by 15% based on its latest 2017Q4 regulatory filing with the SEC. Argentiere Capital Ag bought 3,000 shares as the company’s stock declined 17.82% with the market. The hedge fund held 23,000 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $3.57M, up from 20,000 at the end of the previous reported quarter. Argentiere Capital Ag who had been investing in Shire Plc for a number of months, seems to be bullish on the $50.85 billion market cap company. The stock decreased 1.24% or $2.12 during the last trading session, reaching $169.53. About 386,408 shares traded. Shire plc (NASDAQ:SHPG) has declined 27.67% since May 18, 2017 and is downtrending. It has underperformed by 39.22% the S&P500.

Among 28 analysts covering Shire plc (ADR) (NASDAQ:SHPG), 23 have Buy rating, 0 Sell and 5 Hold. Therefore 82% are positive. Shire plc (ADR) had 79 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, October 26. The rating was maintained by RBC Capital Markets on Friday, August 4 with “Buy”. The firm has “Buy” rating given on Wednesday, May 31 by Cowen & Co. The stock has “Outperform” rating by Bernstein on Wednesday, February 14. The rating was upgraded by Leerink Swann on Tuesday, November 17 to “Outperform”. The firm earned “Buy” rating on Friday, June 9 by Jefferies. The company was maintained on Monday, July 10 by RBC Capital Markets. The firm has “Outperform” rating given on Wednesday, October 14 by Northland Capital. The rating was maintained by JP Morgan on Friday, May 20 with “Overweight”. The stock of Shire plc (NASDAQ:SHPG) has “Buy” rating given on Tuesday, June 28 by Goldman Sachs.

Argentiere Capital Ag, which manages about $464.87 million and $162.27 million US Long portfolio, decreased its stake in Time Warner Inc (NYSE:TWX) by 260,000 shares to 330,000 shares, valued at $30.19 million in 2017Q4, according to the filing. It also reduced its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 110,000 shares in the quarter, leaving it with 340,000 shares, and cut its stake in Aon Plc (NYSE:AON).

More notable recent Shire plc (NASDAQ:SHPG) news were published by: Fool.com which released: “Takeda and Shire: A Pricey Marriage” on May 14, 2018, also Seekingalpha.com with their article: “Takeda Turns Up The Heat On Shire” published on April 24, 2018, Seekingalpha.com published: “Tracking John Paulson’s Paulson & Co. Portfolio – Q1 2018 Update” on May 18, 2018. More interesting news about Shire plc (NASDAQ:SHPG) were released by: Seekingalpha.com and their article: “The Takeda-Shire Deal: Potential Impact On Neuroscience” published on May 01, 2018 as well as Seekingalpha.com‘s news article titled: “Takeda closing in on Shire” with publication date: May 07, 2018.

Anchor Capital Advisors Llc, which manages about $8.51B and $2.83B US Long portfolio, decreased its stake in Orbital Atk Inc by 16,560 shares to 239,930 shares, valued at $31.55 million in 2017Q4, according to the filing. It also reduced its holding in Unilever N V (NYSE:UN) by 15,449 shares in the quarter, leaving it with 590,935 shares, and cut its stake in Cabot Oil & Gas Corp (NYSE:COG).

Among 13 analysts covering Knowles Corporation (NYSE:KN), 6 have Buy rating, 2 Sell and 5 Hold. Therefore 46% are positive. Knowles Corporation had 27 analyst reports since August 20, 2015 according to SRatingsIntel. Roth Capital maintained Knowles Corporation (NYSE:KN) on Thursday, February 8 with “Buy” rating. On Monday, April 2 the stock rating was maintained by Craig Hallum with “Buy”. The firm earned “Mkt Perform” rating on Monday, September 28 by FBR Capital. Topeka Capital Markets maintained Knowles Corporation (NYSE:KN) on Friday, February 12 with “Buy” rating. The firm has “Hold” rating by Piper Jaffray given on Wednesday, December 20. On Thursday, September 29 the stock rating was initiated by Roth Capital with “Buy”. The stock of Knowles Corporation (NYSE:KN) has “Hold” rating given on Thursday, September 3 by Zacks. The rating was initiated by Susquehanna with “Negative” on Tuesday, September 20. Craig Hallum maintained it with “Buy” rating and $17.0 target in Thursday, February 8 report. The stock of Knowles Corporation (NYSE:KN) has “Hold” rating given on Thursday, February 8 by Susquehanna.

Shire plc (NASDAQ:SHPG) Institutional Positions Chart

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