Ledyard National Bank Lowered By $439,250 Its Gilead Sciences (GILD) Stake; Otter Tail (OTTR) Sentiment Is 0.94

December 12, 2017 - By Hazel Jackson

Ledyard National Bank decreased Gilead Sciences Inc (GILD) stake by 33.75% reported in 2017Q2 SEC filing. Ledyard National Bank sold 6,275 shares as Gilead Sciences Inc (GILD)’s stock declined 8.05%. The Ledyard National Bank holds 12,320 shares with $872,000 value, down from 18,595 last quarter. Gilead Sciences Inc now has $98.70B valuation. The stock decreased 0.42% or $0.32 during the last trading session, reaching $75.56. About 584,898 shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since December 12, 2016 and is downtrending. It has underperformed by 38.50% the S&P500.

Otter Tail Corporation, together with its subsidiaries, engages in electric, manufacturing, and plastics business primarily in the United States. The company has market cap of $1.83 billion. The companyÂ’s Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota, as well as operates as a participant in the Midcontinent Independent System Operator, Inc. markets. It has a 25.71 P/E ratio. This segment serves approximately 131,546 residential, commercial, industrial, and other customers.

Americafirst Capital Management Llc holds 1.66% of its portfolio in Otter Tail Corporation for 33,344 shares. Zebra Capital Management Llc owns 58,500 shares or 0.72% of their US portfolio. Moreover, Stanley has 0.53% invested in the company for 49,052 shares. The Maryland-based Campbell & Co Investment Adviser Llc has invested 0.41% in the stock. Gabelli Funds Llc, a New York-based fund reported 1.13 million shares.

Analysts await Otter Tail Corporation (NASDAQ:OTTR) to report earnings on February, 5. They expect $0.46 earnings per share, up 4.55% or $0.02 from last year’s $0.44 per share. OTTR’s profit will be $18.19 million for 25.20 P/E if the $0.46 EPS becomes a reality. After $0.45 actual earnings per share reported by Otter Tail Corporation for the previous quarter, Wall Street now forecasts 2.22% EPS growth.

The stock decreased 0.05% or $0.025 during the last trading session, reaching $46.375. About 2,536 shares traded. Otter Tail Corporation (OTTR) has risen 29.89% since December 12, 2016 and is uptrending. It has outperformed by 13.19% the S&P500.

Analysts await Gilead Sciences, Inc. (NASDAQ:GILD) to report earnings on February, 6. They expect $1.67 earnings per share, down 36.74% or $0.97 from last year’s $2.64 per share. GILD’s profit will be $2.18B for 11.31 P/E if the $1.67 EPS becomes a reality. After $2.23 actual earnings per share reported by Gilead Sciences, Inc. for the previous quarter, Wall Street now forecasts -25.11% negative EPS growth.

Among 30 analysts covering Gilead Sciences (NASDAQ:GILD), 19 have Buy rating, 0 Sell and 11 Hold. Therefore 63% are positive. Gilead Sciences had 107 analyst reports since July 29, 2015 according to SRatingsIntel. William Blair maintained the stock with “Buy” rating in Wednesday, June 14 report. The stock of Gilead Sciences, Inc. (NASDAQ:GILD) earned “Outperform” rating by Credit Suisse on Wednesday, March 23. As per Sunday, October 29, the company rating was maintained by Mizuho. The rating was reinitiated by Jefferies on Tuesday, July 11 with “Hold”. Piper Jaffray maintained the stock with “Overweight” rating in Friday, July 24 report. Piper Jaffray maintained Gilead Sciences, Inc. (NASDAQ:GILD) rating on Tuesday, July 25. Piper Jaffray has “Buy” rating and $8900 target. The firm earned “Overweight” rating on Thursday, November 5 by Piper Jaffray. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, February 3. On Wednesday, June 1 the stock rating was initiated by Gabelli with “Buy”. The rating was maintained by Oppenheimer on Tuesday, October 20 with “Outperform”.

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