As Public Storage (PSA) Shares Declined, Transamerica Financial Advisors Decreased Its Position; Brookmont Capital Management Has Raised Gilead Sciences (GILD) Holding by $360,780

November 15, 2017 - By Adrian Mccoy

Transamerica Financial Advisors Inc decreased its stake in Public Storage (PSA) by 69.3% based on its latest 2017Q2 regulatory filing with the SEC. Transamerica Financial Advisors Inc sold 6,764 shares as the company’s stock declined 5.00% while stock markets rallied. The institutional investor held 2,997 shares of the real estate investment trusts company at the end of 2017Q2, valued at $625,000, down from 9,761 at the end of the previous reported quarter. Transamerica Financial Advisors Inc who had been investing in Public Storage for a number of months, seems to be less bullish one the $37.06B market cap company. The stock declined 2.77% or $5.89 reaching $207.03 per share. About 42 shares traded. Public Storage (NYSE:PSA) has declined 14.14% since November 15, 2016 and is downtrending. It has underperformed by 30.84% the S&P500.

Brookmont Capital Management increased its stake in Gilead Sciences Inc (GILD) by 13.53% based on its latest 2017Q2 regulatory filing with the SEC. Brookmont Capital Management bought 5,154 shares as the company’s stock declined 8.05% while stock markets rallied. The institutional investor held 43,235 shares of the health care company at the end of 2017Q2, valued at $3.06 million, up from 38,081 at the end of the previous reported quarter. Brookmont Capital Management who had been investing in Gilead Sciences Inc for a number of months, seems to be bullish on the $92.92 billion market cap company. The stock declined 0.50% or $0.35 reaching $70.8 on the news. About 39,454 shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since November 15, 2016 and is downtrending. It has underperformed by 38.50% the S&P500.




Investors sentiment increased to 0.93 in Q2 2017. Its up 0.02, from 0.91 in 2017Q1. It increased, as 78 investors sold GILD shares while 538 reduced holdings. 110 funds opened positions while 462 raised stakes. 938.32 million shares or 0.11% more from 937.32 million shares in 2017Q1 were reported. Barry Advsrs Ltd holds 0.19% or 7,199 shares. Montecito National Bank & Trust invested in 0.24% or 9,476 shares. Moreover, Burns J W & Company New York has 0.56% invested in Gilead Sciences, Inc. (NASDAQ:GILD). Texas Permanent School Fund holds 367,151 shares. General Invsts Com holds 3.47% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD) for 483,600 shares. Moreover, Bokf Na has 0.11% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 49,392 shares. 120,922 are owned by Lawson Kroeker Investment Mngmt Ne. Patten Group Inc holds 540 shares. Fincl Mgmt Pro has 389 shares for 0.01% of their portfolio. Sand Hill Advsrs Limited Co reported 0.62% stake. Moreover, Cypress Capital Grp has 0.65% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 41,745 shares. Cibc Ww Mkts Corporation invested 0.95% in Gilead Sciences, Inc. (NASDAQ:GILD). 319,935 were accumulated by Utd Fincl Advisers Limited Co. Millennium Management has 0.38% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 3.00M shares. Capital Intll Invsts owns 0.57% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 6.01 million shares.

Since June 1, 2017, it had 0 insider purchases, and 2 insider sales for $5.11 million activity. $4.78 million worth of Gilead Sciences, Inc. (NASDAQ:GILD) shares were sold by MARTIN JOHN C.

Brookmont Capital Management, which manages about $415.17 million and $265.16M US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 4,382 shares to 133,981 shares, valued at $12.25 million in 2017Q2, according to the filing. It also reduced its holding in Verizon Communications Inc (NYSE:VZ) by 10,672 shares in the quarter, leaving it with 48,644 shares, and cut its stake in Mcdonalds Corp (NYSE:MCD).

More notable recent Gilead Sciences, Inc. (NASDAQ:GILD) news were published by: Seekingalpha.com which released: “Gilead: A Buy After Earnings” on October 27, 2017, also Seekingalpha.com with their article: “Gilead Sciences: More Of The Same, Long Thesis Holds” published on October 31, 2017, Fool.com published: “Which stock is the better buy?” on October 24, 2017. More interesting news about Gilead Sciences, Inc. (NASDAQ:GILD) were released by: Investorplace.com and their article: “Trade of the Day: Gilead Sciences, Inc. (GILD)” published on November 15, 2017 as well as Benzinga.com‘s news article titled: “As Gilead’s Outlook Dims, Argus Downgrades” with publication date: November 13, 2017.

Among 30 analysts covering Gilead Sciences (NASDAQ:GILD), 18 have Buy rating, 0 Sell and 12 Hold. Therefore 60% are positive. Gilead Sciences had 106 analyst reports since July 29, 2015 according to SRatingsIntel. Leerink Swann maintained it with “Market Perform” rating and $85 target in Thursday, October 19 report. As per Wednesday, October 28, the company rating was maintained by Maxim Group. On Thursday, July 27 the stock rating was maintained by BMO Capital Markets with “Hold”. Argus Research downgraded the shares of GILD in report on Friday, July 29 to “Hold” rating. The rating was initiated by Mizuho on Tuesday, November 8 with “Buy”. The firm earned “Buy” rating on Thursday, August 31 by William Blair. Jefferies reinitiated Gilead Sciences, Inc. (NASDAQ:GILD) on Tuesday, July 11 with “Hold” rating. BMO Capital Markets maintained the stock with “Hold” rating in Friday, July 21 report. On Wednesday, February 3 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Neutral” rating by Citigroup given on Wednesday, February 8.

More notable recent Public Storage (NYSE:PSA) news were published by: Nasdaq.com which released: “Public Storage Named Top Dividend Stock With Insider Buying and 3.79% Yield (PSA)” on November 08, 2017, also Forbes.com with their article: “Not Sexy, But Investors Should Consider The Simplicity Of Self-Storage” published on November 13, 2017, Businesswire.com published: “New Public Storage Units Open in Plano, Texas” on October 30, 2017. More interesting news about Public Storage (NYSE:PSA) were released by: Investorplace.com and their article: “Public Storage (PSA) Quant Score Penalize Rating” published on November 08, 2017 as well as Businesswire.com‘s news article titled: “Public Storage Reports Results for the Three and Nine Months Ended September …” with publication date: October 25, 2017.

Among 16 analysts covering Public Storage (NYSE:PSA), 2 have Buy rating, 3 Sell and 11 Hold. Therefore 13% are positive. Public Storage had 54 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, July 24 by Jefferies. Evercore maintained the stock with “Hold” rating in Tuesday, September 8 report. The stock has “Sell” rating by Goldman Sachs on Monday, April 25. The stock of Public Storage (NYSE:PSA) has “Neutral” rating given on Thursday, January 5 by Robert W. Baird. BMO Capital Markets initiated the stock with “Sell” rating in Monday, September 11 report. The stock of Public Storage (NYSE:PSA) earned “Mkt Perform” rating by Raymond James on Thursday, January 7. The rating was upgraded by Robert W. Baird to “Outperform” on Thursday, January 7. The rating was maintained by Jefferies on Friday, August 18 with “Hold”. On Monday, August 24 the stock rating was downgraded by Zacks to “Buy”. Jefferies maintained Public Storage (NYSE:PSA) on Monday, June 12 with “Hold” rating.

Transamerica Financial Advisors Inc, which manages about $4.09 billion and $737.03 million US Long portfolio, upped its stake in Republic Svcs Inc (NYSE:RSG) by 6,671 shares to 93,084 shares, valued at $5.93M in 2017Q2, according to the filing. It also increased its holding in Powershares Etf Tr Ii (SPLV) by 22,162 shares in the quarter, for a total of 241,946 shares, and has risen its stake in Procter And Gamble Co (NYSE:PG).

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