Essex Investment Management Co Has Boosted Its Gilead Sciences (GILD) Stake; Crane Company (CR) Sellers Decreased By 52.84% Their Shorts

February 20, 2018 - By Maria Brooks

Crane Company (NYSE:CR) had a decrease of 52.84% in short interest. CR’s SI was 248,300 shares in February as released by FINRA. Its down 52.84% from 526,500 shares previously. With 201,500 avg volume, 1 days are for Crane Company (NYSE:CR)’s short sellers to cover CR’s short positions. The SI to Crane Company’s float is 0.49%. The stock increased 0.33% or $0.31 during the last trading session, reaching $94.59. About 184,808 shares traded. Crane Co. (NYSE:CR) has risen 42.66% since February 20, 2017 and is uptrending. It has outperformed by 25.96% the S&P500.

Essex Investment Management Co Llc increased Gilead Sciences Inc (GILD) stake by 415.12% reported in 2017Q3 SEC filing. Essex Investment Management Co Llc acquired 62,750 shares as Gilead Sciences Inc (GILD)’s stock declined 8.05%. The Essex Investment Management Co Llc holds 77,866 shares with $6.31M value, up from 15,116 last quarter. Gilead Sciences Inc now has $105.42B valuation. The stock decreased 1.04% or $0.85 during the last trading session, reaching $80.7. About 7.55 million shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since February 20, 2017 and is downtrending. It has underperformed by 38.50% the S&P500.

Among 15 analysts covering Crane (NYSE:CR), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Crane had 51 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, January 30 by Seaport Global. The company was upgraded on Wednesday, February 1 by Oppenheimer. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, May 16. As per Wednesday, January 31, the company rating was maintained by Susquehanna. On Monday, July 24 the stock rating was maintained by Canaccord Genuity with “Buy”. Canaccord Genuity maintained Crane Co. (NYSE:CR) rating on Wednesday, October 11. Canaccord Genuity has “Buy” rating and $90.0 target. On Thursday, January 21 the stock rating was upgraded by Seaport Global to “Buy”. The stock has “Hold” rating by Stifel Nicolaus on Friday, July 14. Susquehanna maintained Crane Co. (NYSE:CR) on Friday, January 12 with “Hold” rating. Canaccord Genuity maintained the shares of CR in report on Wednesday, June 21 with “Buy” rating.

Investors sentiment decreased to 1.08 in 2017 Q3. Its down 0.46, from 1.54 in 2017Q2. It dropped, as 35 investors sold Crane Co. shares while 89 reduced holdings. 39 funds opened positions while 95 raised stakes. 35.90 million shares or 1.25% less from 36.35 million shares in 2017Q2 were reported. Pennsylvania-based Cookson Peirce & Com has invested 0.1% in Crane Co. (NYSE:CR). Parallax Volatility Advisers Limited Partnership accumulated 16 shares. 136,279 were reported by Tiaa Cref Inv Mngmt Limited Liability Company. Silvercrest Asset Gru Limited Liability Corporation reported 3,000 shares. Credit Suisse Ag holds 61,784 shares or 0% of its portfolio. Aperio Grp Inc Limited Liability Company stated it has 0.01% of its portfolio in Crane Co. (NYSE:CR). Keybank Natl Association Oh holds 14,790 shares. Victory Capital reported 662,997 shares stake. South State accumulated 0.03% or 2,880 shares. First Manhattan holds 225 shares or 0% of its portfolio. Arizona State Retirement System invested 0.03% in Crane Co. (NYSE:CR). 3,618 are held by Regentatlantic Cap Ltd Limited Liability Company. Geode Cap Mngmt Limited Co reported 430,672 shares or 0.01% of all its holdings. Jacobs Levy Equity Inc holds 0.05% or 30,040 shares in its portfolio. Westfield Mngmt Limited Partnership holds 464,495 shares or 0.29% of its portfolio.

Since August 28, 2017, it had 0 insider buys, and 6 selling transactions for $4.00 million activity. Another trade for 6,000 shares valued at $442,384 was sold by BIGELOW E THAYER. Shares for $960,339 were sold by DUPONT AUGUSTUS I on Thursday, October 26. 4,650 shares valued at $386,474 were sold by PANTALEONI A D on Monday, October 30. On Thursday, August 31 Switter Edward S sold $518,210 worth of Crane Co. (NYSE:CR) or 7,000 shares.

Crane Co. manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company has market cap of $5.61 billion. The companyÂ’s Fluid Handling segment provides process valves and related products, such as on/off valves and related products for critical and demanding applications in the chemical, gas and oil, power, non-residential construction, and general industrial end markets; and pumps and related products for water and wastewater applications in the industrial, municipal, commercial, and military markets. It has a 33.31 P/E ratio. This segment offers its products under the Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, WTA, Deming, Weinman, Burks, and Barnes trade names.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.10, from 0.93 in 2017Q2. It is positive, as 96 investors sold GILD shares while 488 reduced holdings. 127 funds opened positions while 474 raised stakes. 957.62 million shares or 2.06% more from 938.32 million shares in 2017Q2 were reported. Clarivest Asset Management Limited Liability Company holds 3,567 shares. Pinnacle Wealth Mgmt Advisory Gru Lc accumulated 5,213 shares. Albion Fincl Group Ut stated it has 0.08% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). Indiana Tru & Inv Mgmt invested in 12,922 shares. Los Angeles Capital Management And Equity Research reported 0.15% stake. Bancorporation Of Nova Scotia has 232,002 shares. 25,000 were reported by Morgens Waterfall Vintiadis And Co. American Beacon Advsr reported 1.25% stake. Hsbc Holding Plc stated it has 2.75 million shares or 0.36% of all its holdings. Heritage Wealth Advsrs holds 1.06% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD) for 25,881 shares. Alps Advsr Inc stated it has 0.01% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). Jlb And Inc holds 2.22% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD) for 112,013 shares. Dynamic Cap Mgmt has invested 1.55% in Gilead Sciences, Inc. (NASDAQ:GILD). Mawer Invest Management reported 578,170 shares. Kornitzer Cap Mngmt Inc Ks accumulated 231,624 shares or 0.33% of the stock.

Among 30 analysts covering Gilead Sciences (NASDAQ:GILD), 21 have Buy rating, 0 Sell and 9 Hold. Therefore 70% are positive. Gilead Sciences had 124 analyst reports since July 29, 2015 according to SRatingsIntel. Maxim Group maintained it with “Buy” rating and $137 target in Wednesday, October 28 report. The rating was maintained by RBC Capital Markets on Wednesday, February 7 with “Buy”. The firm has “Equal-Weight” rating given on Friday, October 6 by Morgan Stanley. Mizuho maintained the shares of GILD in report on Wednesday, November 8 with “Buy” rating. The stock has “Outperform” rating by BMO Capital Markets on Wednesday, November 2. The stock of Gilead Sciences, Inc. (NASDAQ:GILD) has “Neutral” rating given on Friday, January 15 by Bank of America. The rating was maintained by Cowen & Co with “Buy” on Wednesday, February 7. Maxim Group maintained the stock with “Hold” rating in Thursday, July 27 report. On Wednesday, February 7 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Credit Suisse downgraded Gilead Sciences, Inc. (NASDAQ:GILD) on Tuesday, September 5 to “Hold” rating.

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