Foundry Partners Cut Veeva Systems A (VEEV) Holding; M3 ORDINARY SHARES JAPAN (MTHRF) SI Decreased By 8.88%

May 21, 2018 - By reb123z


Foundry Partners Llc decreased Veeva Systems Inc A (VEEV) stake by 44.15% reported in 2017Q4 SEC filing. Foundry Partners Llc sold 22,533 shares as Veeva Systems Inc A (VEEV)’s stock rose 29.86%. The Foundry Partners Llc holds 28,503 shares with $1.58 million value, down from 51,036 last quarter. Veeva Systems Inc A now has $11.13 billion valuation. The stock increased 0.60% or $0.46 during the last trading session, reaching $77.75. About 47,919 shares traded. Veeva Systems Inc. (NYSE:VEEV) has risen 42.88% since May 21, 2017 and is uptrending. It has outperformed by 31.33% the S&P500.

M3 INC ORDINARY SHARES JAPAN (OTCMKTS:MTHRF) had a decrease of 8.88% in short interest. MTHRF’s SI was 1.03M shares in May as released by FINRA. Its down 8.88% from 1.13M shares previously. With 100 avg volume, 10328 days are for M3 INC ORDINARY SHARES JAPAN (OTCMKTS:MTHRF)’s short sellers to cover MTHRF’s short positions. The SI to M3 INC ORDINARY SHARES JAPAN’s float is 0.51%. It closed at $37.8 lastly. It is down 0.00% since May 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Veeva Systems Inc. (NYSE:VEEV) to report earnings on May, 24 after the close. They expect $0.23 earnings per share, up 64.29% or $0.09 from last year’s $0.14 per share. VEEV’s profit will be $32.93M for 84.51 P/E if the $0.23 EPS becomes a reality. After $0.17 actual earnings per share reported by Veeva Systems Inc. for the previous quarter, Wall Street now forecasts 35.29% EPS growth.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.57, from 1.63 in 2017Q3. It fall, as 51 investors sold VEEV shares while 91 reduced holdings. 54 funds opened positions while 96 raised stakes. 98.12 million shares or 2.33% more from 95.88 million shares in 2017Q3 were reported. Fjarde Ap stated it has 31,353 shares or 0.03% of all its holdings. The Ontario – Canada-based Cibc Asset has invested 0% in Veeva Systems Inc. (NYSE:VEEV). First Republic Investment Mngmt accumulated 21,780 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.02% in Veeva Systems Inc. (NYSE:VEEV). Wellington Mngmt Group Inc Llp, a Massachusetts-based fund reported 3.56M shares. The Arizona-based Dynamic Solutions Lc has invested 0.13% in Veeva Systems Inc. (NYSE:VEEV). Gulf Bancorp (Uk) holds 33,300 shares. Citigroup Inc reported 52,926 shares stake. Balyasny Asset Mngmt Ltd invested in 0% or 6,184 shares. Crestpoint Cap Ltd Liability Co holds 0.5% in Veeva Systems Inc. (NYSE:VEEV) or 16,200 shares. Bamco Inc Ny owns 424,253 shares for 0.11% of their portfolio. The California-based Glynn Cap Mgmt Limited Liability Corp has invested 3.45% in Veeva Systems Inc. (NYSE:VEEV). New York State Common Retirement Fund holds 0.11% of its portfolio in Veeva Systems Inc. (NYSE:VEEV) for 1.62 million shares. 36,024 were reported by Atlantic Tru Group Limited Liability Company. Cambridge Investment Rech Inc invested 0.03% in Veeva Systems Inc. (NYSE:VEEV).

Since December 15, 2017, it had 0 insider buys, and 23 sales for $20.51 million activity. $1.39 million worth of stock was sold by Wallach Matthew J on Tuesday, January 9. $2.79M worth of Veeva Systems Inc. (NYSE:VEEV) shares were sold by Cabral Timothy S. $114,140 worth of Veeva Systems Inc. (NYSE:VEEV) was sold by CODD RONALD E F. Shares for $83,610 were sold by SEKHRI PAUL J on Wednesday, March 21. MATEO ALAN sold $43,772 worth of stock or 603 shares. Another trade for 2,462 shares valued at $186,571 was sold by Faddis Jonathan. 2,875 shares valued at $206,202 were sold by Lequient Frederic on Thursday, March 1.

Foundry Partners Llc increased Johnson & Johnson (NYSE:JNJ) stake by 61,950 shares to 236,320 valued at $33.02 million in 2017Q4. It also upped Hci Group Inc (NYSE:HCI) stake by 46,664 shares and now owns 205,721 shares. Alliancebernstein Holding Lp (NYSE:AB) was raised too.

Among 16 analysts covering Veeva Systems (NYSE:VEEV), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Veeva Systems had 54 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with “Buy” on Friday, May 27. The stock has “Neutral” rating by Bank of America on Friday, June 17. The stock of Veeva Systems Inc. (NYSE:VEEV) has “Overweight” rating given on Wednesday, March 2 by Morgan Stanley. The stock of Veeva Systems Inc. (NYSE:VEEV) has “Buy” rating given on Friday, August 25 by Needham. The company was maintained on Thursday, March 1 by Morgan Stanley. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, August 31 report. As per Friday, May 26, the company rating was upgraded by Bank of America. The firm earned “Market Perform” rating on Wednesday, August 24 by Raymond James. The firm has “Buy” rating given on Friday, September 30 by Stifel Nicolaus. Canaccord Genuity maintained Veeva Systems Inc. (NYSE:VEEV) on Wednesday, February 28 with “Buy” rating.

M3, Inc. provides medical-related services primarily to physicians and other healthcare professionals through Internet. The company has market cap of $13.00 billion. The firm operates, a members-only Web site for providing information to the healthcare professionals; and MR-kun that delivers medical and drug information online through It has a 68.6 P/E ratio. It also provides MDLinx that offers the review of medical articles and theses in English for physicians in the United States; and MEDI:GATE, which provides various medical news and content, and features online discussion boards where doctors can exchange opinions and communicate with one another in South Korea.

Veeva Systems Inc. (NYSE:VEEV) Institutional Positions Chart

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