Eagle Global Advisors Has Lowered Genesis Energy LP (GEL) Stake by $628,680; Celgene (CELG) Stock Declined While Reynders Mcveigh Capital Management Has Lifted Its Holding

February 17, 2018 - By Nellie Frank

Reynders Mcveigh Capital Management Llc increased its stake in Celgene Corp (CELG) by 312.35% based on its latest 2017Q3 regulatory filing with the SEC. Reynders Mcveigh Capital Management Llc bought 16,592 shares as the company’s stock declined 3.49% while stock markets rallied. The institutional investor held 21,904 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $3.19M, up from 5,312 at the end of the previous reported quarter. Reynders Mcveigh Capital Management Llc who had been investing in Celgene Corp for a number of months, seems to be bullish on the $71.65B market cap company. The stock decreased 0.92% or $0.88 during the last trading session, reaching $95.26. About 5.78M shares traded. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since February 17, 2017 and is uptrending. It has outperformed by 0.30% the S&P500.

Eagle Global Advisors Llc decreased its stake in Genesis Energy LP (GEL) by 2.6% based on its latest 2017Q3 regulatory filing with the SEC. Eagle Global Advisors Llc sold 24,180 shares as the company’s stock declined 7.73% while stock markets rallied. The hedge fund held 906,298 shares of the energy company at the end of 2017Q3, valued at $23.88M, down from 930,478 at the end of the previous reported quarter. Eagle Global Advisors Llc who had been investing in Genesis Energy LP for a number of months, seems to be less bullish one the $2.57B market cap company. The stock decreased 0.94% or $0.2 during the last trading session, reaching $21. About 957,044 shares traded or 19.47% up from the average. Genesis Energy, L.P. (NYSE:GEL) has declined 14.17% since February 17, 2017 and is downtrending. It has underperformed by 30.87% the S&P500.




Since September 5, 2017, it had 1 buy, and 3 sales for $2.54 million activity. Another trade for 1,727 shares valued at $248,498 was made by Curran Terrie on Monday, September 25. CASEY MICHAEL D also sold $1.29 million worth of Celgene Corporation (NASDAQ:CELG) on Tuesday, September 5. $299,594 worth of Celgene Corporation (NASDAQ:CELG) was bought by Alles Mark J on Thursday, February 8.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.17, from 1.34 in 2017Q2. It dropped, as 44 investors sold CELG shares while 457 reduced holdings. 133 funds opened positions while 451 raised stakes. 603.99 million shares or 0.25% more from 602.51 million shares in 2017Q2 were reported. Pictet And Cie (Europe) Sa stated it has 3.96% of its portfolio in Celgene Corporation (NASDAQ:CELG). 36,559 are owned by Madison Invest Holdg Inc. 208,469 were reported by Fcg Advsrs Lc. General Investors reported 155,000 shares. Lourd Cap Limited Co invested in 1,380 shares or 0.02% of the stock. Weatherstone Cap Mngmt reported 3,352 shares. First Personal reported 3,423 shares stake. Legacy Private Com reported 38,943 shares or 0.69% of all its holdings. Shaker Limited Company Oh holds 1.54% or 15,131 shares in its portfolio. Jaffetilchin Invest Partners Ltd Llc, a Florida-based fund reported 6,567 shares. Groesbeck Investment Mgmt Nj accumulated 4,455 shares or 0.47% of the stock. Barometer Cap has invested 0.93% of its portfolio in Celgene Corporation (NASDAQ:CELG). 1,790 were accumulated by Cortland Associate Mo. Loring Wolcott & Coolidge Fiduciary Advsr Limited Liability Partnership Ma stated it has 1.05 million shares or 2.97% of all its holdings. Fayez Sarofim & has 0.47% invested in Celgene Corporation (NASDAQ:CELG).

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 19 have Buy rating, 2 Sell and 12 Hold. Therefore 58% are positive. Celgene Corporation had 132 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird downgraded Celgene Corporation (NASDAQ:CELG) on Friday, October 20 to “Neutral” rating. BMO Capital Markets maintained the shares of CELG in report on Monday, January 8 with “Buy” rating. On Wednesday, August 12 the stock rating was maintained by Cowen & Co with “Outperform”. Oppenheimer maintained it with “Outperform” rating and $166 target in Monday, October 30 report. The firm earned “Buy” rating on Thursday, June 1 by Mizuho. The company was maintained on Thursday, December 21 by Piper Jaffray. As per Wednesday, March 9, the company rating was maintained by JMP Securities. The firm has “Hold” rating given on Thursday, January 25 by Piper Jaffray. On Thursday, February 25 the stock rating was initiated by Citigroup with “Buy”. The firm has “Buy” rating given on Tuesday, February 13 by Barclays Capital.

Reynders Mcveigh Capital Management Llc, which manages about $978.23M and $766.91M US Long portfolio, decreased its stake in Novo (NYSE:NVO) by 12,365 shares to 85,049 shares, valued at $4.10M in 2017Q3, according to the filing. It also reduced its holding in Chipotle Mexican Grill Inc Cl (NYSE:CMG) by 8,489 shares in the quarter, leaving it with 687 shares, and cut its stake in Rockwell Automation Inc (NYSE:ROK).

Among 14 analysts covering Genesis Energy LP (NYSE:GEL), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. Genesis Energy LP had 39 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird upgraded the stock to “Outperform” rating in Monday, August 7 report. The stock has “Buy” rating by Robert W. Baird on Thursday, September 14. The stock of Genesis Energy, L.P. (NYSE:GEL) has “Market Perform” rating given on Friday, January 15 by Wells Fargo. The firm has “Underweight” rating by Barclays Capital given on Tuesday, July 18. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, August 10. The firm has “Hold” rating by RBC Capital Markets given on Friday, February 16. RBC Capital Markets maintained Genesis Energy, L.P. (NYSE:GEL) on Monday, September 25 with “Hold” rating. Cowen & Co initiated Genesis Energy, L.P. (NYSE:GEL) on Friday, September 25 with “Buy” rating. The firm has “Equal Weight” rating given on Friday, February 17 by CapitalOne. The rating was maintained by UBS with “Buy” on Thursday, August 4.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.37, from 1.18 in 2017Q2. It dropped, as 25 investors sold GEL shares while 44 reduced holdings. 20 funds opened positions while 36 raised stakes. 87.79 million shares or 1.92% less from 89.51 million shares in 2017Q2 were reported. Envestnet Asset Mngmt reported 197 shares. Bb&T Securities Limited has 39,005 shares. Yorkville Management Limited Liability owns 0.35% invested in Genesis Energy, L.P. (NYSE:GEL) for 11,423 shares. Mai Mngmt accumulated 0.03% or 16,912 shares. Novare Ltd Liability owns 55,860 shares or 0.26% of their US portfolio. Parkside Savings Bank And Trust owns 25,880 shares or 0.27% of their US portfolio. 9.76M were reported by Clearbridge Invs Ltd. Royal National Bank Of Canada stated it has 183,416 shares. Raymond James & reported 264,106 shares or 0.01% of all its holdings. Benjamin F Edwards And Inc accumulated 2,255 shares. Guggenheim Cap Ltd Liability has invested 0% in Genesis Energy, L.P. (NYSE:GEL). Cutter Company Brokerage Incorporated reported 9,813 shares stake. Tortoise Capital Limited Com accumulated 9.33M shares. Advisory Service Networks Ltd Liability Corporation owns 0.01% invested in Genesis Energy, L.P. (NYSE:GEL) for 2,074 shares. Atlantic Trust Group Ltd reported 0.1% in Genesis Energy, L.P. (NYSE:GEL).

Since December 19, 2017, it had 1 buy, and 0 sales for $334,800 activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: