Glaxosmithkline Plc (GSK) Shareholder Hbk Sorce Advisory Has Trimmed Its Stake as Market Valuation Rose; As Nasdaq (NDAQ) Shares Rose, Shareholder Magnetar Financial Has Raised Its Holding

May 26, 2018 - By Stephen Andrade

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Alec Litowitz increased its stake in Nasdaq Inc (NDAQ) by 71.09% based on its latest 2017Q4 regulatory filing with the SEC. Magnetar Financial Llc bought 9,104 shares as the company’s stock rose 7.66% while stock markets declined. The hedge fund run by Alec Litowitz held 21,911 shares of the finance company at the end of 2017Q4, valued at $1.68 million, up from 12,807 at the end of the previous reported quarter. Magnetar Financial Llc who had been investing in Nasdaq Inc for a number of months, seems to be bullish on the $15.49B market cap company. The stock increased 0.18% or $0.17 during the last trading session, reaching $92.78. About 797,018 shares traded. Nasdaq, Inc. (NASDAQ:NDAQ) has risen 18.71% since May 26, 2017 and is uptrending. It has outperformed by 7.16% the S&P500.




Hbk Sorce Advisory Llc decreased its stake in Glaxosmithkline Plc (GSK) by 41.2% based on its latest 2017Q4 regulatory filing with the SEC. Hbk Sorce Advisory Llc sold 8,628 shares as the company’s stock rose 9.28% while stock markets declined. The institutional investor held 12,316 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $437,000, down from 20,944 at the end of the previous reported quarter. Hbk Sorce Advisory Llc who had been investing in Glaxosmithkline Plc for a number of months, seems to be less bullish one the $98.83 billion market cap company. The stock decreased 0.45% or $0.18 during the last trading session, reaching $39.85. About 1.88 million shares traded. GlaxoSmithKline plc (NYSE:GSK) has declined 10.07% since May 26, 2017 and is downtrending. It has underperformed by 21.62% the S&P500.

Investors sentiment increased to 1.22 in 2017 Q4. Its up 0.07, from 1.15 in 2017Q3. It is positive, as 25 investors sold NDAQ shares while 137 reduced holdings. 56 funds opened positions while 141 raised stakes. 119.93 million shares or 0.85% less from 120.96 million shares in 2017Q3 were reported. State Treasurer State Of Michigan has invested 0.02% in Nasdaq, Inc. (NASDAQ:NDAQ). Advisors Capital Mngmt Ltd Llc accumulated 141,463 shares or 0.86% of the stock. Liberty Mutual Grp Asset Mgmt reported 0.01% stake. Tealwood Asset Mgmt has 1.19% invested in Nasdaq, Inc. (NASDAQ:NDAQ) for 41,832 shares. Highstreet Asset Mgmt accumulated 4,652 shares or 0.02% of the stock. Stanley invested in 10,147 shares or 0.17% of the stock. Janney Montgomery Scott Ltd Llc has 0% invested in Nasdaq, Inc. (NASDAQ:NDAQ) for 3,694 shares. Ledyard National Bank owns 2,775 shares for 0.03% of their portfolio. Pensionfund Dsm Netherlands has invested 0.43% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ). Brinker accumulated 12,633 shares. Sumitomo Mitsui Asset Management accumulated 8,463 shares. Northcoast Asset Ltd Liability owns 83,608 shares or 0.58% of their US portfolio. Massmutual Tru Fsb Adv owns 617 shares or 0.01% of their US portfolio. Florida-based Raymond James Service has invested 0.02% in Nasdaq, Inc. (NASDAQ:NDAQ). Laurion Cap Mngmt Limited Partnership reported 87,684 shares.

Magnetar Financial Llc, which manages about $13.74B and $4.06B US Long portfolio, decreased its stake in Hollyfrontier Corp (NYSE:HFC) by 15,727 shares to 6,436 shares, valued at $330,000 in 2017Q4, according to the filing. It also reduced its holding in Principal Finl Group Inc (NYSE:PFG) by 20,023 shares in the quarter, leaving it with 3,965 shares, and cut its stake in Lincoln Natl Corp Ind (NYSE:LNC).

Among 19 analysts covering NASDAQ OMX Group (NASDAQ:NDAQ), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. NASDAQ OMX Group had 73 analyst reports since August 9, 2015 according to SRatingsIntel. The rating was maintained by Sandler O’Neill with “Buy” on Wednesday, January 31. The firm has “Outperform” rating by Raymond James given on Tuesday, April 10. Wells Fargo downgraded Nasdaq, Inc. (NASDAQ:NDAQ) on Friday, October 23 to “Market Perform” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, April 6. As per Monday, February 12, the company rating was upgraded by Wells Fargo. On Wednesday, January 10 the stock rating was maintained by Wells Fargo with “Hold”. Jefferies maintained the shares of NDAQ in report on Tuesday, April 10 with “Hold” rating. The company was maintained on Tuesday, April 12 by Barclays Capital. Keefe Bruyette & Woods maintained Nasdaq, Inc. (NASDAQ:NDAQ) rating on Thursday, September 21. Keefe Bruyette & Woods has “Hold” rating and $76.0 target. JP Morgan maintained Nasdaq, Inc. (NASDAQ:NDAQ) rating on Monday, March 14. JP Morgan has “Neutral” rating and $57 target.

More notable recent Nasdaq, Inc. (NASDAQ:NDAQ) news were published by: Globenewswire.com which released: “New OMX Copenhagen Benchmark Portfolio Selected” on May 08, 2018, also Nasdaq.com with their article: “Nasdaq (NDAQ) Up 4.7% Since Earnings Report: Can It Continue?” published on May 25, 2018, Globenewswire.com published: “Nasdaq Scheduled Resumption in Rockwell Medical, Inc.” on May 24, 2018. More interesting news about Nasdaq, Inc. (NASDAQ:NDAQ) were released by: Globenewswire.com and their article: “Nasdaq Welcomes Kiniksa Pharmaceuticals, Ltd. (Nasdaq:KNSA) to The Nasdaq Stock Market” published on May 24, 2018 as well as Globenewswire.com‘s news article titled: “Nasdaq Stockholm Welcomes Ovzon to First North Premier” with publication date: May 18, 2018.

Since January 12, 2018, it had 0 buys, and 8 sales for $6.54 million activity. BEGLEY CHARLENE T sold 4,017 shares worth $326,863. 19,169 Nasdaq, Inc. (NASDAQ:NDAQ) shares with value of $1.55 million were sold by Peterson Bradley J. On Thursday, February 1 the insider Ottersgard Lars sold $520,918. Griggs PC Nelson sold $90,850 worth of Nasdaq, Inc. (NASDAQ:NDAQ) on Thursday, May 10. $508,926 worth of Nasdaq, Inc. (NASDAQ:NDAQ) shares were sold by SIBBERN BJORN.

More notable recent GlaxoSmithKline plc (NYSE:GSK) news were published by: Seekingalpha.com which released: “GlaxoSmithKline Q1 2018: Still Too Many Uncertainties” on April 29, 2018, also Seekingalpha.com with their article: “Eidos Therapeutics files for initial public offering” published on May 25, 2018, Streetinsider.com published: “GlaxoSmithKline (GSK) with Pfizer (PFE) Reports ViiV Healthcare Granted EU Marketing Authorisation for Juluca …” on May 21, 2018. More interesting news about GlaxoSmithKline plc (NYSE:GSK) were released by: Streetinsider.com and their article: “GlaxoSmithKline (GSK) Indian Consumer Unit Receives Frenzy of Interest – Economic Times” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Xenon Pharma up 21% premarket on positive XEN1101 data” with publication date: May 15, 2018.

Hbk Sorce Advisory Llc, which manages about $1.80 billion and $847.68 million US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 434 shares to 2,966 shares, valued at $3.47M in 2017Q4, according to the filing. It also increased its holding in Johnson & Johnson (NYSE:JNJ) by 8,675 shares in the quarter, for a total of 42,083 shares, and has risen its stake in Aflac Inc (NYSE:AFL).

Nasdaq, Inc. (NASDAQ:NDAQ) Institutional Positions Chart

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