As Hdfc Bank LTD (HDB) Stock Rose, Shareholder Tahithromos Decreased Stake by $16.80 Million; Merck & Co (MRK) Holder Excalibur Management Has Trimmed Position by $418,880 as Shares Declined

February 22, 2018 - By Linda Rogers

Tahithromos Llc decreased its stake in Hdfc Bank Ltd (HDB) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Tahithromos Llc sold 175,000 shares as the company’s stock rose 20.33% with the market. The institutional investor held 175,000 shares of the commercial banks company at the end of 2017Q3, valued at $16.87M, down from 350,000 at the end of the previous reported quarter. Tahithromos Llc who had been investing in Hdfc Bank Ltd for a number of months, seems to be less bullish one the $73.78B market cap company. The stock decreased 1.95% or $1.94 during the last trading session, reaching $97.57. About 653,136 shares traded or 6.86% up from the average. HDFC Bank Limited (NYSE:HDB) has risen 36.23% since February 22, 2017 and is uptrending. It has outperformed by 19.53% the S&P500.

Excalibur Management Corp decreased its stake in Merck & Co (MRK) by 7.48% based on its latest 2017Q3 regulatory filing with the SEC. Excalibur Management Corp sold 6,545 shares as the company’s stock declined 2.46% while stock markets rallied. The institutional investor held 80,899 shares of the health care company at the end of 2017Q3, valued at $5.18M, down from 87,444 at the end of the previous reported quarter. Excalibur Management Corp who had been investing in Merck & Co for a number of months, seems to be less bullish one the $148.62 billion market cap company. The stock decreased 0.78% or $0.43 during the last trading session, reaching $54.55. About 10.73 million shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since February 22, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.




Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. Merck & Co. Inc. had 79 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, November 3 by Cowen & Co. Credit Suisse maintained Merck & Co., Inc. (NYSE:MRK) rating on Monday, May 9. Credit Suisse has “Neutral” rating and $57 target. As per Tuesday, June 6, the company rating was maintained by BMO Capital Markets. The firm has “Market Perform” rating given on Monday, July 18 by BMO Capital Markets. The rating was upgraded by Jefferies to “Hold” on Tuesday, October 31. On Monday, February 5 the stock rating was maintained by Credit Suisse with “Outperform”. On Wednesday, January 27 the stock rating was downgraded by Bank of America to “Neutral”. Jefferies maintained Merck & Co., Inc. (NYSE:MRK) on Monday, July 17 with “Sell” rating. The firm earned “Hold” rating on Thursday, July 14 by Jefferies. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, July 19.

Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.01, from 1.07 in 2017Q2. It dropped, as 46 investors sold MRK shares while 619 reduced holdings. 106 funds opened positions while 598 raised stakes. 1.96 billion shares or 0.47% more from 1.95 billion shares in 2017Q2 were reported. Telemus Ltd Liability Corporation, a Michigan-based fund reported 30,444 shares. Moreover, Halbert Hargrove Russell Lc has 0.09% invested in Merck & Co., Inc. (NYSE:MRK) for 4,936 shares. Qci Asset Mgmt New York reported 2,339 shares or 0.02% of all its holdings. Carret Asset Mgmt Ltd Liability Corporation has 0.82% invested in Merck & Co., Inc. (NYSE:MRK) for 79,258 shares. Paradigm Cap Mgmt holds 0.1% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 18,000 shares. Parkside Fin Comml Bank And Tru has 17,150 shares. Alethea Capital reported 10,258 shares or 0.77% of all its holdings. Natl Pension Service has 0.73% invested in Merck & Co., Inc. (NYSE:MRK). Moreover, Cornerstone Advsr has 0.6% invested in Merck & Co., Inc. (NYSE:MRK) for 13,595 shares. Moreover, Gemmer Asset Ltd has 0.42% invested in Merck & Co., Inc. (NYSE:MRK). Morgan Dempsey Mgmt Limited Liability, Wisconsin-based fund reported 73,702 shares. X Mngmt Communications Ltd Liability owns 9,696 shares for 0.02% of their portfolio. Capital World holds 88.63M shares or 1.29% of its portfolio. Verity And Verity Ltd Llc invested in 3,201 shares. Moreover, Kbc Gp Nv has 1.15% invested in Merck & Co., Inc. (NYSE:MRK).

Analysts await Merck & Co., Inc. (NYSE:MRK) to report earnings on May, 1. They expect $0.98 EPS, up 11.36% or $0.10 from last year’s $0.88 per share. MRK’s profit will be $2.67 billion for 13.92 P/E if the $0.98 EPS becomes a reality. After $0.98 actual EPS reported by Merck & Co., Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 3 analysts covering HDFC Bank Limited (NYSE:HDB), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. HDFC Bank Limited had 5 analyst reports since August 27, 2015 according to SRatingsIntel. The stock of HDFC Bank Limited (NYSE:HDB) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, March 21. The stock of HDFC Bank Limited (NYSE:HDB) earned “Sell” rating by Zacks on Wednesday, September 2. Zacks upgraded HDFC Bank Limited (NYSE:HDB) on Monday, September 21 to “Hold” rating. Goldman Sachs maintained the shares of HDB in report on Wednesday, September 14 with “Buy” rating. The stock of HDFC Bank Limited (NYSE:HDB) has “Hold” rating given on Thursday, August 27 by Zacks.

Tahithromos Llc, which manages about $82.70M US Long portfolio, upped its stake in Resource Cap Corp by 33,187 shares to 455,088 shares, valued at $4.91M in 2017Q3, according to the filing.

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