Bluebird Bio (BLUE) Shareholder Daiwa Securities Group Has Boosted Its Holding; Avalon Advisors Stake in Genuine Parts Co (GPC) Increased by $1.26 Million as Market Value Declined

February 15, 2018 - By Louis Casey

Daiwa Securities Group Inc increased its stake in Bluebird Bio (BLUE) by 25.85% based on its latest 2017Q3 regulatory filing with the SEC. Daiwa Securities Group Inc bought 4,368 shares as the company’s stock rose 6.94% with the market. The institutional investor held 21,263 shares of the health care company at the end of 2017Q3, valued at $2.92 million, up from 16,895 at the end of the previous reported quarter. Daiwa Securities Group Inc who had been investing in Bluebird Bio for a number of months, seems to be bullish on the $10.25B market cap company. The stock increased 0.10% or $0.2 during the last trading session, reaching $207.45. About 289,800 shares traded. bluebird bio, Inc. (NASDAQ:BLUE) has risen 112.34% since February 15, 2017 and is uptrending. It has outperformed by 95.64% the S&P500.

Avalon Advisors Llc increased its stake in Genuine Parts Co (GPC) by 9.65% based on its latest 2017Q3 regulatory filing with the SEC. Avalon Advisors Llc bought 13,263 shares as the company’s stock declined 8.49% while stock markets rallied. The hedge fund held 150,712 shares of the automotive aftermarket company at the end of 2017Q3, valued at $14.42 million, up from 137,449 at the end of the previous reported quarter. Avalon Advisors Llc who had been investing in Genuine Parts Co for a number of months, seems to be bullish on the $14.73B market cap company. The stock increased 1.55% or $1.53 during the last trading session, reaching $100.48. About 468,933 shares traded. Genuine Parts Company (NYSE:GPC) has declined 1.45% since February 15, 2017 and is downtrending. It has underperformed by 18.15% the S&P500.




Investors sentiment increased to 1.79 in 2017 Q3. Its up 0.11, from 1.68 in 2017Q2. It increased, as 35 investors sold BLUE shares while 42 reduced holdings. 45 funds opened positions while 93 raised stakes. 49.05 million shares or 2.37% more from 47.91 million shares in 2017Q2 were reported. Clough Cap Prns LP reported 0.05% of its portfolio in bluebird bio, Inc. (NASDAQ:BLUE). Rhumbline Advisers stated it has 61,149 shares. Dafna Mngmt Ltd Llc stated it has 4,500 shares. Commercial Bank Of Montreal Can owns 0% invested in bluebird bio, Inc. (NASDAQ:BLUE) for 3,602 shares. Oppenheimer Asset Management holds 0% of its portfolio in bluebird bio, Inc. (NASDAQ:BLUE) for 9 shares. Moreover, Dimensional Fund Advisors LP has 0.01% invested in bluebird bio, Inc. (NASDAQ:BLUE) for 139,994 shares. 41,652 were accumulated by Citigroup Inc. Fairfield Bush And Co reported 2,000 shares. Panagora Asset Management holds 0% or 2,227 shares. American Gp has invested 0.01% in bluebird bio, Inc. (NASDAQ:BLUE). Emerald Mutual Fund Advisers Tru owns 0.85% invested in bluebird bio, Inc. (NASDAQ:BLUE) for 147,897 shares. Morgan Stanley reported 0% stake. Td Asset Mngmt stated it has 41,888 shares. Smith Asset Lp holds 0.02% or 3,420 shares. Ameriprise Financial owns 340,259 shares or 0.02% of their US portfolio.

Among 25 analysts covering bluebird bio (NASDAQ:BLUE), 14 have Buy rating, 2 Sell and 9 Hold. Therefore 56% are positive. bluebird bio had 81 analyst reports since August 11, 2015 according to SRatingsIntel. As per Thursday, September 22, the company rating was initiated by Roth Capital. Leerink Swann maintained it with “Buy” rating and $162.0 target in Wednesday, November 1 report. The firm earned “Buy” rating on Thursday, November 2 by BTIG Research. Cowen & Co maintained the stock with “Buy” rating in Tuesday, June 6 report. The firm has “Buy” rating given on Saturday, August 15 by Roth Capital. The firm earned “Hold” rating on Wednesday, October 11 by Jefferies. Roth Capital maintained the stock with “Buy” rating in Friday, August 28 report. The stock has “Overweight” rating by Barclays Capital on Thursday, November 2. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, September 8. The stock of bluebird bio, Inc. (NASDAQ:BLUE) earned “Buy” rating by Wedbush on Thursday, November 2.

Daiwa Securities Group Inc, which manages about $14.60B US Long portfolio, decreased its stake in Cisco Sys (NASDAQ:CSCO) by 31,026 shares to 335,505 shares, valued at $11.28 million in 2017Q3, according to the filing. It also reduced its holding in Simon Ppty Group Inc (NYSE:SPG) by 501,759 shares in the quarter, leaving it with 4.81 million shares, and cut its stake in Ultrapar Participacoes S A Sp Adr (NYSE:UGP).

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.06, from 0.9 in 2017Q2. It is positive, as 46 investors sold GPC shares while 195 reduced holdings. 55 funds opened positions while 176 raised stakes. 108.15 million shares or 1.25% more from 106.82 million shares in 2017Q2 were reported. Orleans Cap Corp La has 0.97% invested in Genuine Parts Company (NYSE:GPC). Cincinnati Ins owns 429,860 shares. Usca Ria Ltd owns 62,059 shares for 0.74% of their portfolio. Employees Retirement Of Texas reported 0.01% of its portfolio in Genuine Parts Company (NYSE:GPC). Bangor Financial Bank owns 4,832 shares or 0.09% of their US portfolio. Numeric Invsts Ltd invested 0.02% of its portfolio in Genuine Parts Company (NYSE:GPC). Gulf Intll Financial Bank (Uk) Limited invested in 45,451 shares or 0.06% of the stock. S R Schill And Associates owns 0.32% invested in Genuine Parts Company (NYSE:GPC) for 5,628 shares. Commonwealth Savings Bank Of Aus owns 0.01% invested in Genuine Parts Company (NYSE:GPC) for 15,029 shares. Pinnacle Assocs Limited invested in 0% or 2,160 shares. Spectrum Mngmt Grp accumulated 150 shares. First American Financial Bank holds 0.05% or 6,197 shares in its portfolio. Estabrook Cap Management has invested 0.01% in Genuine Parts Company (NYSE:GPC). Teachers Retirement System Of The State Of Kentucky invested in 15,575 shares or 0.02% of the stock. Alliancebernstein Limited Partnership has invested 0.02% in Genuine Parts Company (NYSE:GPC).

Avalon Advisors Llc, which manages about $4.06B and $3.14B US Long portfolio, decreased its stake in Western Digital Corp (NASDAQ:WDC) by 3,760 shares to 153,089 shares, valued at $13.23M in 2017Q3, according to the filing. It also reduced its holding in Oneok Inc (NYSE:OKE) by 30,326 shares in the quarter, leaving it with 8,325 shares, and cut its stake in Union Pacific Corp (NYSE:UNP).

Among 12 analysts covering Genuine Parts Company (NYSE:GPC), 2 have Buy rating, 3 Sell and 7 Hold. Therefore 17% are positive. Genuine Parts Company had 29 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Wednesday, September 30 by Goldman Sachs. Wedbush maintained it with “Neutral” rating and $95 target in Thursday, October 20 report. The firm has “Neutral” rating by Atlantic Securities given on Wednesday, December 14. The stock of Genuine Parts Company (NYSE:GPC) earned “Buy” rating by Jefferies on Tuesday, September 15. Jefferies maintained Genuine Parts Company (NYSE:GPC) on Monday, June 26 with “Hold” rating. The stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by Jefferies on Wednesday, April 19. The firm has “Hold” rating by RBC Capital Markets given on Friday, September 8. Gabelli upgraded Genuine Parts Company (NYSE:GPC) on Tuesday, October 20 to “Buy” rating. RBC Capital Markets maintained the stock with “Hold” rating in Monday, February 12 report. RBC Capital Markets maintained the shares of GPC in report on Friday, October 20 with “Hold” rating.

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