As Boston Scientific (BSX) Stock Value Rose, Shareholder Pura Vida Investments Has Cut Its Position; Brookfield Asset Management Has Cut Its Verizon Communications (VZ) Holding by $448,350; Stock Declined

February 18, 2018 - By Michael Collier

Brookfield Asset Management Inc decreased its stake in Verizon Communications Inc (VZ) by 35.88% based on its latest 2017Q3 regulatory filing with the SEC. Brookfield Asset Management Inc sold 9,150 shares as the company’s stock declined 7.66% while stock markets rallied. The hedge fund held 16,350 shares of the telecommunications equipment company at the end of 2017Q3, valued at $809,000, down from 25,500 at the end of the previous reported quarter. Brookfield Asset Management Inc who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $204.56 billion market cap company. The stock increased 0.82% or $0.41 during the last trading session, reaching $50.15. About 12.26 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since February 18, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Pura Vida Investments Llc decreased its stake in Boston Scientific Corp (BSX) by 7.26% based on its latest 2017Q3 regulatory filing with the SEC. Pura Vida Investments Llc sold 30,546 shares as the company’s stock rose 4.02% with the market. The institutional investor held 390,000 shares of the medical and dental instruments company at the end of 2017Q3, valued at $11.38 billion, down from 420,546 at the end of the previous reported quarter. Pura Vida Investments Llc who had been investing in Boston Scientific Corp for a number of months, seems to be less bullish one the $37.35B market cap company. The stock increased 0.41% or $0.11 during the last trading session, reaching $27.2. About 6.71 million shares traded. Boston Scientific Corporation (NYSE:BSX) has risen 19.12% since February 18, 2017 and is uptrending. It has outperformed by 2.42% the S&P500.




Among 29 analysts covering Boston Scientific Corporation (NYSE:BSX), 23 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive. Boston Scientific Corporation had 89 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, February 1. The rating was maintained by Stifel Nicolaus on Wednesday, November 29 with “Buy”. The firm earned “Buy” rating on Friday, February 3 by Needham. The firm earned “Buy” rating on Thursday, October 6 by Citigroup. The stock of Boston Scientific Corporation (NYSE:BSX) earned “Neutral” rating by Wedbush on Thursday, April 28. The stock of Boston Scientific Corporation (NYSE:BSX) earned “Outperform” rating by BMO Capital Markets on Friday, October 27. The stock of Boston Scientific Corporation (NYSE:BSX) has “Buy” rating given on Thursday, August 31 by BMO Capital Markets. The stock of Boston Scientific Corporation (NYSE:BSX) has “Buy” rating given on Thursday, July 23 by Benchmark. As per Friday, September 1, the company rating was maintained by RBC Capital Markets. The stock has “Neutral” rating by Wedbush on Friday, July 29.

Since August 29, 2017, it had 0 insider purchases, and 12 selling transactions for $16.75 million activity. 85,227 shares were sold by Fitzgerald Joseph Michael, worth $2.26 million. Pratt Timothy A. sold $277,475 worth of stock. Nanavaty Maulik sold $1.56M worth of stock. Bose Supratim sold 347,137 shares worth $10.11M. 8,763 shares were sold by Pierce David A, worth $243,074.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.01, from 1.03 in 2017Q2. It increased, as 33 investors sold BSX shares while 166 reduced holdings. 43 funds opened positions while 164 raised stakes. 1.21 billion shares or 1.08% less from 1.22 billion shares in 2017Q2 were reported. Dynamic Management has 46,345 shares. Ameritas Investment Ptnrs has invested 0.04% of its portfolio in Boston Scientific Corporation (NYSE:BSX). Continental Advsr Lc reported 67,100 shares or 0.45% of all its holdings. Wells Fargo & Commerce Mn accumulated 9.24 million shares or 0.08% of the stock. Tarbox Family Office owns 377 shares for 0% of their portfolio. Pension stated it has 0.19% of its portfolio in Boston Scientific Corporation (NYSE:BSX). Ls Inv Advisors Ltd Co holds 0.07% or 40,621 shares in its portfolio. Boston Family Office Ltd Limited Liability Company has invested 0.14% of its portfolio in Boston Scientific Corporation (NYSE:BSX). Highland Mgmt Ltd Liability Corp holds 21,333 shares. 188,260 were reported by S&Co. Proshare Advisors Ltd reported 0.04% of its portfolio in Boston Scientific Corporation (NYSE:BSX). 16,906 are held by Banced. 133,177 were accumulated by Cibc Asset Management Incorporated. Everence Cap Incorporated reported 28,192 shares. Carroll Fin Associates Incorporated has invested 0.01% of its portfolio in Boston Scientific Corporation (NYSE:BSX).

Pura Vida Investments Llc, which manages about $223.00M and $199.58 billion US Long portfolio, upped its stake in Baxter Intl Inc (NYSE:BAX) by 10,000 shares to 135,000 shares, valued at $8.47 billion in 2017Q3, according to the filing. It also increased its holding in Merck & Co Inc (NYSE:MRK) by 54,570 shares in the quarter, for a total of 154,570 shares, and has risen its stake in Icu Med Inc (NASDAQ:ICUI).

Since August 28, 2017, it had 0 buys, and 3 selling transactions for $89,365 activity.

Investors sentiment is 0.88 in Q3 2017. Its the same as in 2017Q2. It is without change, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported. 10,050 were reported by Hgk Asset Mngmt Inc. Bkd Wealth Advisors Lc invested in 0.13% or 23,382 shares. The Illinois-based Banced Corporation has invested 0.4% in Verizon Communications Inc. (NYSE:VZ). First Interstate State Bank has 20,582 shares for 0.22% of their portfolio. Allsquare Wealth Limited Liability Co holds 14,098 shares or 0.57% of its portfolio. The California-based Checchi Advisers has invested 0.18% in Verizon Communications Inc. (NYSE:VZ). Leisure Capital Management has invested 0.22% in Verizon Communications Inc. (NYSE:VZ). 47,000 are held by Supplemental Annuity Collective Tru Of Nj. Rockland Tru reported 2.76% stake. Nbt Natl Bank N A holds 130,115 shares or 1.03% of its portfolio. Lincoln Corp reported 43,878 shares stake. Cambridge Advsr, a Nebraska-based fund reported 9,231 shares. Mechanics Bank Department, California-based fund reported 60,410 shares. Btim stated it has 0.05% in Verizon Communications Inc. (NYSE:VZ). Bellecapital reported 0.26% stake.

Brookfield Asset Management Inc, which manages about $13.20B and $21.37B US Long portfolio, upped its stake in Norbord Inc. (NBRXF) by 24.53 million shares to 41.86M shares, valued at $1.59 billion in 2017Q3, according to the filing. It also increased its holding in Firstenergy Corp (NYSE:FE) by 123,200 shares in the quarter, for a total of 1.95M shares, and has risen its stake in Qts Rlty Tr Inc (NYSE:QTS).

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