Massmutual Trust Company Fsb Has Cut Bristol (BMY) Stake By $137.24 Million; 2 Analysts Covering Alleghany (Y)

November 15, 2017 - By Migdalia James

Massmutual Trust Company Fsb decreased Bristol (BMY) stake by 21.37% reported in 2017Q2 SEC filing. Massmutual Trust Company Fsb sold 2,463 shares as Bristol (BMY)’s stock declined 1.04%. The Massmutual Trust Company Fsb holds 9,065 shares with $505.10 million value, down from 11,528 last quarter. Bristol now has $100.25 billion valuation. The stock declined 0.88% or $0.54 reaching $60.71 per share. About 40,695 shares traded. Bristol-Myers Squibb Co (NYSE:BMY) has declined 23.19% since November 15, 2016 and is downtrending. It has underperformed by 39.89% the S&P500.

Among 2 analysts covering Alleghany (NYSE:Y), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Alleghany had 2 analyst reports since June 16, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Monday, September 11 by JMP Securities. The stock of Alleghany Corporation (NYSE:Y) earned “Buy” rating by Citigroup on Thursday, June 16. See Alleghany Corporation (NYSE:Y) latest ratings:

11/09/2017 Broker: JMP Securities Rating: Buy New Target: $625.0 Upgrade

Massmutual Trust Company Fsb increased T Rowe Price Growth Stock Fund Inc (PRGFX) stake by 140 shares to 4,691 valued at $298.55 million in 2017Q2. It also upped Vanguard Total Stock Market Index Fund (VTSMX) stake by 1,151 shares and now owns 1,878 shares. Kraft Heinz Co/The was raised too.

Among 19 analysts covering Bristol-Myers Squibb Company (NYSE:BMY), 6 have Buy rating, 3 Sell and 10 Hold. Therefore 32% are positive. Bristol-Myers Squibb Company had 67 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, May 9 by Credit Suisse. On Wednesday, December 2 the stock rating was upgraded by Guggenheim to “Buy”. The firm has “Buy” rating by SunTrust given on Monday, October 30. As per Thursday, July 27, the company rating was maintained by Leerink Swann. The rating was maintained by Cowen & Co on Thursday, October 19 with “Hold”. As per Monday, August 24, the company rating was upgraded by Piper Jaffray. As per Thursday, August 11, the company rating was downgraded by Berenberg. Leerink Swann maintained it with “Outperform” rating and $72 target in Monday, October 23 report. The firm earned “Equal-Weight” rating on Friday, September 9 by Barclays Capital. On Thursday, October 26 the stock rating was maintained by Piper Jaffray with “Hold”.

Analysts await Bristol-Myers Squibb Co (NYSE:BMY) to report earnings on January, 25. They expect $0.67 EPS, up 6.35% or $0.04 from last year’s $0.63 per share. BMY’s profit will be $1.11 billion for 22.65 P/E if the $0.67 EPS becomes a reality. After $0.75 actual EPS reported by Bristol-Myers Squibb Co for the previous quarter, Wall Street now forecasts -10.67% negative EPS growth.

Investors sentiment decreased to 0.95 in 2017 Q2. Its down 0.03, from 0.98 in 2017Q1. It turned negative, as 78 investors sold BMY shares while 520 reduced holdings. 120 funds opened positions while 451 raised stakes. 1.10 billion shares or 2.26% less from 1.12 billion shares in 2017Q1 were reported. Iberiabank holds 5,347 shares. Crawford Investment Counsel Inc has invested 0.03% in Bristol-Myers Squibb Co (NYSE:BMY). Royal Bancorporation Of Canada reported 0.13% in Bristol-Myers Squibb Co (NYSE:BMY). Lazard Asset Mgmt invested in 729,447 shares or 0.08% of the stock. Coastline Trust holds 26,830 shares or 0.27% of its portfolio. State Of New Jersey Common Pension Fund D holds 0.38% or 1.67 million shares. Savings Bank Of Montreal Can has 3.24M shares. Old Mutual Customised Solutions (Proprietary) Limited, a South Africa-based fund reported 60,668 shares. Foundry Prtn Lc reported 237,371 shares. Goelzer Investment Management Inc owns 0.52% invested in Bristol-Myers Squibb Co (NYSE:BMY) for 76,002 shares. Moreover, State Teachers Retirement Sys has 0.4% invested in Bristol-Myers Squibb Co (NYSE:BMY). Norinchukin Savings Bank The reported 199,082 shares or 0.23% of all its holdings. 439,715 were accumulated by Aberdeen Asset Management Public Llc Uk. Windward Capital Ca has 0.13% invested in Bristol-Myers Squibb Co (NYSE:BMY) for 13,726 shares. Natixis Asset Mgmt invested in 16,196 shares or 0.08% of the stock.

It closed at $577.03 lastly. It is down 7.94% since November 15, 2016 and is uptrending. It has underperformed by 8.76% the S&P500.

Investors sentiment decreased to 0.92 in 2017 Q2. Its down 0.21, from 1.13 in 2017Q1. It worsened, as 33 investors sold Alleghany Corporation shares while 112 reduced holdings. 34 funds opened positions while 99 raised stakes. 12.56 million shares or 0.17% less from 12.58 million shares in 2017Q1 were reported. Blackrock reported 1.37 million shares. Ameritas Inv has 4,620 shares. Gemmer Asset Management Limited Liability Com invested in 0% or 6 shares. Markel stated it has 4,328 shares. 3,439 were reported by Aberdeen Asset Mngmt Public Ltd Uk. Richard Bernstein Advsrs Ltd Liability Company, New York-based fund reported 7,339 shares. Dupont Mgmt Corporation holds 0.02% or 1,223 shares in its portfolio. Credit Agricole S A reported 4,505 shares. 4,728 are held by Fdx Advsr Inc. Profund Advisors Limited Liability Corporation has 0.04% invested in Alleghany Corporation (NYSE:Y) for 1,470 shares. 1,144 were reported by Capital One National Association. New York State Teachers Retirement stated it has 0.03% of its portfolio in Alleghany Corporation (NYSE:Y). Proshare Ltd Llc reported 3,290 shares or 0.02% of all its holdings. Geode Capital Mgmt Ltd Llc reported 0.03% of its portfolio in Alleghany Corporation (NYSE:Y). Cadence Capital Management Lc holds 0.02% or 491 shares in its portfolio.

Alleghany Corporation is an insurance holding company. The company has market cap of $8.88 billion. The Company, through its subsidiary Alleghany Insurance Holdings LLC and its subsidiaries, is engaged in the property and casualty insurance business. It has a 1422.52 P/E ratio. AIHL’s insurance activities are conducted by its subsidiaries RSUI Group, Inc. (RSUI), CapSpecialty, Inc. (CapSpecialty) and Pacific Compensation Corporation (PacificComp).

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