Donaldson Capital Management Has Trimmed Abbvie (ABBV) Holding By $655,008; Glg Has Lifted By $2.95 Million Its Tesaro (TSRO) Holding

May 22, 2018 - By Nellie Frank

Tesaro, Inc. (NASDAQ:TSRO) Logo

Glg Llc increased Tesaro Inc (TSRO) stake by 159.55% reported in 2017Q4 SEC filing. Glg Llc acquired 36,000 shares as Tesaro Inc (TSRO)’s stock declined 29.72%. The Glg Llc holds 58,563 shares with $4.85M value, up from 22,563 last quarter. Tesaro Inc now has $2.59B valuation. The stock decreased 0.99% or $0.47 during the last trading session, reaching $47.24. About 741,747 shares traded. Tesaro, Inc. (NASDAQ:TSRO) has declined 63.82% since May 22, 2017 and is downtrending. It has underperformed by 75.37% the S&P500.




Donaldson Capital Management Llc decreased Abbvie Inc (ABBV) stake by 1.63% reported in 2017Q4 SEC filing. Donaldson Capital Management Llc sold 6,823 shares as Abbvie Inc (ABBV)’s stock declined 6.31%. The Donaldson Capital Management Llc holds 411,049 shares with $39.75 million value, down from 417,872 last quarter. Abbvie Inc now has $168.57 billion valuation. The stock increased 0.24% or $0.25 during the last trading session, reaching $106.23. About 5.80 million shares traded. AbbVie Inc. (NYSE:ABBV) has risen 39.20% since May 22, 2017 and is uptrending. It has outperformed by 27.65% the S&P500.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.20, from 1.21 in 2017Q3. It worsened, as 46 investors sold TSRO shares while 64 reduced holdings. 39 funds opened positions while 72 raised stakes. 57.95 million shares or 0.57% less from 58.28 million shares in 2017Q3 were reported. Lord Abbett And Ltd Liability Corporation invested 0.03% of its portfolio in Tesaro, Inc. (NASDAQ:TSRO). Tiaa Cref Invest Management Ltd Liability Co reported 278,789 shares or 0.02% of all its holdings. 50,209 are held by Creative Planning. Ivory Inv Ltd Llc invested in 142,240 shares. Wells Fargo And Mn accumulated 0.01% or 365,990 shares. 38,300 were accumulated by Prudential Financial Incorporated. Jasper Ridge Prtn Ltd Partnership has invested 0.02% in Tesaro, Inc. (NASDAQ:TSRO). Advisory Networks Lc has invested 0% in Tesaro, Inc. (NASDAQ:TSRO). Greenwood Associates Ltd has invested 0.05% in Tesaro, Inc. (NASDAQ:TSRO). Advsr Asset Management stated it has 2,177 shares. America First Advsr Limited Liability holds 1,000 shares or 0.03% of its portfolio. Weiss Multi reported 0.05% stake. Barclays Public Ltd Liability Corp invested in 63,412 shares. Pnc Fincl Svcs Group Incorporated Inc owns 34 shares. Switzerland-based Gam Hldg Ag has invested 0.04% in Tesaro, Inc. (NASDAQ:TSRO).

Since March 1, 2018, it had 9 insider buys, and 7 sales for $61.19 million activity. The insider BARRETT M JAMES bought 116,445 shares worth $6.68M. Another trade for 145,532 shares valued at $8.35M was bought by BARRIS PETER J. 2,575 shares valued at $141,265 were sold by PEARSON TIMOTHY R on Thursday, March 1. KERINS PATRICK J had bought 116,445 shares worth $6.68M on Friday, March 2. 116,445 shares were bought by NEW ENTERPRISE ASSOCIATES 13 LP, worth $6.68M. MOULDER LEON O JR bought $284,640 worth of stock or 5,000 shares. 337 Tesaro, Inc. (NASDAQ:TSRO) shares with value of $18,488 were sold by Oliveira Orlando.

Among 25 analysts covering Tesaro Inc (NASDAQ:TSRO), 15 have Buy rating, 1 Sell and 9 Hold. Therefore 60% are positive. Tesaro Inc had 80 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Tesaro, Inc. (NASDAQ:TSRO) earned “Hold” rating by Cowen & Co on Wednesday, February 28. As per Friday, February 17, the company rating was maintained by RBC Capital Markets. Wedbush maintained it with “Buy” rating and $7600 target in Tuesday, March 27 report. FBR Capital maintained the stock with “Outperform” rating in Monday, October 10 report. FBR Capital maintained the stock with “Outperform” rating in Friday, November 4 report. The stock of Tesaro, Inc. (NASDAQ:TSRO) earned “Buy” rating by Bank of America on Monday, October 10. Morgan Stanley maintained Tesaro, Inc. (NASDAQ:TSRO) on Wednesday, November 8 with “Overweight” rating. Oppenheimer maintained the shares of TSRO in report on Thursday, July 27 with “Buy” rating. The rating was maintained by FBR Capital with “Outperform” on Tuesday, December 27. On Monday, October 10 the stock rating was maintained by Wedbush with “Outperform”.

Glg Llc decreased Delta Air Lines Inc Del (NYSE:DAL) stake by 35,500 shares to 8,989 valued at $503,000 in 2017Q4. It also reduced Pg&E Corp (NYSE:PCG) stake by 10,232 shares and now owns 22,680 shares. Wpx Energy Inc (NYSE:WPX) was reduced too.

More notable recent Tesaro, Inc. (NASDAQ:TSRO) news were published by: Globenewswire.com which released: “TESARO Announces First-Quarter 2018 Operating Results” on May 03, 2018, also Globenewswire.com with their article: “TESARO Announces Participation in Two Investor Conferences” published on May 01, 2018, Nasdaq.com published: “TESARO Announces Presentations of Abstracts at the 2018 American Society of Clinical Oncology (ASCO) Annual …” on May 16, 2018. More interesting news about Tesaro, Inc. (NASDAQ:TSRO) were released by: Streetinsider.com and their article: “TESARO (TSRO) Announces Presentations of Abstracts at ASCO” published on May 16, 2018 as well as Streetinsider.com‘s news article titled: “After-Hours Stock Movers 05/03: (CVGI) (VIAV) (SHAK) Higher; (FLR) (ANET) (TSRO) Lower (more…)” with publication date: May 03, 2018.

Donaldson Capital Management Llc increased Pfizer Inc (NYSE:PFE) stake by 28,691 shares to 704,897 valued at $25.53 million in 2017Q4. It also upped Vanguard Specialized Portfol D (VIG) stake by 5,518 shares and now owns 80,264 shares. Marsh & Mclennan Companies Inc (NYSE:MMC) was raised too.

Among 23 analysts covering Abbvie Inc (NYSE:ABBV), 10 have Buy rating, 2 Sell and 11 Hold. Therefore 43% are positive. Abbvie Inc had 91 analyst reports since July 21, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of ABBV in report on Friday, September 15 with “Buy” rating. On Tuesday, January 30 the stock rating was downgraded by BMO Capital Markets to “Underperform”. Jefferies maintained the stock with “Buy” rating in Friday, September 15 report. As per Friday, October 23, the company rating was maintained by UBS. As per Monday, January 29, the company rating was maintained by Credit Suisse. The firm has “Hold” rating given on Friday, July 28 by Cowen & Co. As per Tuesday, December 1, the company rating was downgraded by Barclays Capital. The stock of AbbVie Inc. (NYSE:ABBV) has “Market Perform” rating given on Monday, June 6 by Cowen & Co. Jefferies maintained AbbVie Inc. (NYSE:ABBV) on Monday, July 17 with “Buy” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Monday, April 30 report.

Since December 14, 2017, it had 0 buys, and 11 insider sales for $47.70 million activity. The insider GONZALEZ RICHARD A sold $976,084. 25,000 shares valued at $2.95M were sold by Schumacher Laura J on Wednesday, February 28. 70,928 shares were sold by CHASE WILLIAM J, worth $8.31 million. 4,294 shares were sold by Michael Robert A., worth $512,853. Shares for $9.57 million were sold by ALBAN CARLOS. SEVERINO MICHAEL also sold $311,684 worth of AbbVie Inc. (NYSE:ABBV) on Wednesday, February 28. $8.57M worth of AbbVie Inc. (NYSE:ABBV) was sold by RICHMOND TIMOTHY J..

Analysts await AbbVie Inc. (NYSE:ABBV) to report earnings on July, 27. They expect $1.97 earnings per share, up 38.73% or $0.55 from last year’s $1.42 per share. ABBV’s profit will be $3.13B for 13.48 P/E if the $1.97 EPS becomes a reality. After $1.87 actual earnings per share reported by AbbVie Inc. for the previous quarter, Wall Street now forecasts 5.35% EPS growth.

Tesaro, Inc. (NASDAQ:TSRO) Institutional Positions Chart

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