Scout Investments Has Lifted Mohawk Inds (MHK) Stake; Tesaro (TSRO) Has 1.21 Sentiment

January 14, 2018 - By Michael Collier

Tesaro, Inc., an oncology-focused biopharmaceutical company, identifies, acquires, develops, and commercializes cancer therapeutics and oncology supportive care products in the United States. The company has market cap of $3.78 billion. It markets Rolapitant, a neurokinin-1, or NK-1, receptor antagonist for the prevention of chemotherapy induced nausea and vomiting under the VARUBI brand name. It currently has negative earnings. The firm is also developing Niraparib, an orally active and potent poly polymerase inhibitor, which is in various clinical trials to treat ovarian or breast cancers.

Scout Investments Inc increased Mohawk Inds Inc (MHK) stake by 5.26% reported in 2017Q3 SEC filing. Scout Investments Inc acquired 3,669 shares as Mohawk Inds Inc (MHK)’s stock rose 3.82%. The Scout Investments Inc holds 73,393 shares with $18.17 million value, up from 69,724 last quarter. Mohawk Inds Inc now has $20.37 billion valuation. The stock increased 0.86% or $2.35 during the last trading session, reaching $274.07. About 668,067 shares traded or 35.55% up from the average. Mohawk Industries, Inc. (NYSE:MHK) has risen 20.32% since January 14, 2017 and is uptrending. It has outperformed by 3.62% the S&P500.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.01, from 1.09 in 2017Q2. It increased, as 27 investors sold MHK shares while 171 reduced holdings. 59 funds opened positions while 158 raised stakes. 55.82 million shares or 0.01% less from 55.83 million shares in 2017Q2 were reported. Moody Fincl Bank Trust Division has invested 0.02% in Mohawk Industries, Inc. (NYSE:MHK). State Of Tennessee Treasury Department has invested 0.05% in Mohawk Industries, Inc. (NYSE:MHK). Williams Jones And Assoc Limited holds 1.16% or 190,157 shares in its portfolio. San Francisco Sentry Invest Gp (Ca) reported 6 shares stake. State Treasurer State Of Michigan holds 0.04% or 19,136 shares in its portfolio. Utd Svcs Automobile Association has invested 0.01% in Mohawk Industries, Inc. (NYSE:MHK). Srb Corporation accumulated 711 shares. Swiss Bankshares invested in 232,674 shares. Korea Invest holds 0.02% of its portfolio in Mohawk Industries, Inc. (NYSE:MHK) for 17,985 shares. Washington National Bank reported 260 shares. 4,758 were reported by M&T Bank & Trust. Commercial Bank Of New York Mellon Corporation has invested 0.03% in Mohawk Industries, Inc. (NYSE:MHK). Stone Run Llc holds 3.27% or 25,725 shares. Nationwide Fund Advsr reported 0.13% stake. Ibm Retirement Fund owns 1,593 shares.

Scout Investments Inc decreased Arch Capital Group Ltd (NASDAQ:ACGL) stake by 93,599 shares to 137,743 valued at $13.57M in 2017Q3. It also reduced American Water Works Co Inc (NYSE:AWK) stake by 58,576 shares and now owns 461,764 shares. Universal Health Services Inc (NYSE:UHS) was reduced too.

Among 18 analysts covering Mohawk (NYSE:MHK), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. Mohawk had 43 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Friday, July 28 with “Buy”. The rating was initiated by Topeka Capital Markets with “Hold” on Tuesday, May 24. The firm earned “Outperform” rating on Tuesday, November 3 by Robert W. Baird. As per Wednesday, April 19, the company rating was maintained by M Partners. RBC Capital Markets maintained Mohawk Industries, Inc. (NYSE:MHK) on Monday, August 10 with “Outperform” rating. The stock has “Buy” rating by RBC Capital Markets on Wednesday, September 6. The stock of Mohawk Industries, Inc. (NYSE:MHK) earned “Buy” rating by RBC Capital Markets on Monday, July 31. The rating was maintained by RBC Capital Markets with “Buy” on Monday, June 19. Stifel Nicolaus maintained Mohawk Industries, Inc. (NYSE:MHK) on Monday, February 13 with “Buy” rating. The rating was maintained by RBC Capital Markets on Monday, October 30 with “Buy”.

Since August 11, 2017, it had 0 insider purchases, and 2 insider sales for $5.06 million activity. $33,809 worth of Mohawk Industries, Inc. (NYSE:MHK) shares were sold by Patton Rodney David. On Tuesday, September 5 the insider LORBERBAUM JEFFREY S sold $5.02M.

Nea Management Company Llc holds 46.46% of its portfolio in Tesaro, Inc. for 10.28 million shares. Oracle Investment Management Inc owns 1.03 million shares or 21.83% of their US portfolio. Moreover, Senzar Asset Management Llc has 6.92% invested in the company for 219,500 shares. The Switzerland-based Bb Biotech Ag has invested 3.56% in the stock. Camber Capital Management Llc, a Massachusetts-based fund reported 400,000 shares.

Analysts await Tesaro, Inc. (NASDAQ:TSRO) to report earnings on February, 27. They expect $-2.38 earnings per share, up 8.46% or $0.22 from last year’s $-2.6 per share. After $-0.47 actual earnings per share reported by Tesaro, Inc. for the previous quarter, Wall Street now forecasts 406.38% negative EPS growth.

Ratings analysis reveals 55% of Tesaro’s analysts are positive. Out of 11 Wall Street analysts rating Tesaro, 6 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $97.0 while the high is $182.0. The stock’s average target of $141.50 is 103.33% above today’s ($69.59) share price. TSRO was included in 11 notes of analysts from August 30, 2016. FBR Capital maintained Tesaro, Inc. (NASDAQ:TSRO) on Monday, October 10 with “Outperform” rating. The company was maintained on Monday, October 10 by RBC Capital Markets. Bank of America initiated the stock with “Neutral” rating in Tuesday, August 30 report. Wedbush maintained the shares of TSRO in report on Monday, October 10 with “Outperform” rating. Robert W. Baird downgraded the stock to “Neutral” rating in Monday, February 27 report. The firm has “Neutral” rating by Janney Capital given on Monday, April 10. Leerink Swann downgraded the shares of TSRO in report on Friday, February 10 to “Mkt Perform” rating. The company was maintained on Monday, November 7 by Lake Street. The stock has “Mkt Perform” rating by Raymond James on Friday, November 4. The firm has “Overweight” rating by Morgan Stanley given on Friday, January 13.

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