$-0.44 EPS Expected for Seattle Genetics, Inc. (SGEN), Peconic Partners Has Lifted By $19.31 Million Its United Rentals (URI) Stake

June 29, 2017 - By Dolores Ford

Analysts expect Seattle Genetics, Inc. (NASDAQ:SGEN) to report $-0.44 EPS on July, 25.They anticipate $0.21 EPS change or 91.30% from last quarter’s $-0.23 EPS. After having $-0.42 EPS previously, Seattle Genetics, Inc.’s analysts see 4.76% EPS growth. The stock increased 6.48% or $3.33 during the last trading session, reaching $54.72. About shares traded. Seattle Genetics, Inc. (NASDAQ:SGEN) has risen 75.68% since June 29, 2016 and is uptrending. It has outperformed by 58.98% the S&P500.

Peconic Partners Llc increased United Rentals Inc (URI) stake by 493.6% reported in 2016Q4 SEC filing. Peconic Partners Llc acquired 183,907 shares as United Rentals Inc (URI)’s stock declined 12.64%. The Peconic Partners Llc holds 221,165 shares with $23.35M value, up from 37,258 last quarter. United Rentals Inc now has $9.14 billion valuation. The stock increased 2.55% or $2.7 during the last trading session, reaching $108.49. About shares traded. United Rentals, Inc. (NYSE:URI) has risen 71.76% since June 29, 2016 and is uptrending. It has outperformed by 55.06% the S&P500.

Investors sentiment decreased to 0.93 in Q4 2016. Its down 0.15, from 1.08 in 2016Q3. It worsened, as 58 investors sold URI shares while 188 reduced holdings. 89 funds opened positions while 139 raised stakes. 77.14 million shares or 1.76% more from 75.80 million shares in 2016Q3 were reported. Globeflex Ltd Partnership has 0.58% invested in United Rentals, Inc. (NYSE:URI) for 21,963 shares. State Of Tennessee Treasury Department holds 0.01% or 26,190 shares. Sterling Cap Mngmt Limited Liability Co holds 0.25% or 264,928 shares. Moreover, Janney Montgomery Scott Limited Liability Com has 0% invested in United Rentals, Inc. (NYSE:URI) for 3,082 shares. Penn Cap Mgmt Company Incorporated reported 415,100 shares or 0.34% of all its holdings. Great West Life Assurance Can holds 0.06% in United Rentals, Inc. (NYSE:URI) or 189,309 shares. Cantab Capital Partners Llp reported 10,881 shares or 0% of all its holdings. Pointstate Cap Limited Partnership invested in 1.29% or 846,200 shares. Dreman Value Management L L C holds 0.27% or 4,613 shares. Hodges Capital Mngmt holds 7,319 shares. Fiera has 0.31% invested in United Rentals, Inc. (NYSE:URI). Castleark Ltd Com has 0.14% invested in United Rentals, Inc. (NYSE:URI) for 40,460 shares. Ontario Teachers Pension Plan Board invested 0.01% of its portfolio in United Rentals, Inc. (NYSE:URI). Morgan Stanley holds 0.02% of its portfolio in United Rentals, Inc. (NYSE:URI) for 609,321 shares. Dorsey Wright Associates owns 8,719 shares.

Among 21 analysts covering United Rentals Inc. (NYSE:URI), 4 have Buy rating, 3 Sell and 14 Hold. Therefore 19% are positive. United Rentals Inc. had 42 analyst reports since July 21, 2015 according to SRatingsIntel. Evercore upgraded United Rentals, Inc. (NYSE:URI) on Tuesday, August 4 to “Hold” rating. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, April 13 report. The firm earned “Overweight” rating on Friday, September 25 by Barclays Capital. UBS downgraded the stock to “Sell” rating in Friday, October 14 report. On Friday, July 24 the stock rating was downgraded by RBC Capital Markets to “Outperform”. On Friday, January 29 the stock rating was downgraded by Longbow to “Neutral”. The firm has “Neutral” rating given on Friday, January 29 by Susquehanna. On Wednesday, October 12 the stock rating was maintained by Barclays Capital with “Overweight”. RBC Capital Markets maintained the shares of URI in report on Friday, July 22 with “Sector Perform” rating. The stock of United Rentals, Inc. (NYSE:URI) earned “Buy” rating by Citigroup on Monday, June 13.

Since January 6, 2017, it had 0 insider buys, and 8 sales for $6.45 million activity. On Wednesday, May 31 HIMES VAUGHN B sold $625,922 worth of Seattle Genetics, Inc. (NASDAQ:SGEN) or 10,000 shares. 14,465 shares were sold by SIEGALL CLAY B, worth $837,425.

Among 10 analysts covering Seattle Genetics (NASDAQ:SGEN), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Seattle Genetics had 20 analyst reports since July 31, 2015 according to SRatingsIntel. As per Tuesday, December 6, the company rating was maintained by RBC Capital Markets. Credit Suisse downgraded the stock to “Neutral” rating in Monday, December 12 report. Barclays Capital initiated it with “Overweight” rating and $51 target in Thursday, February 4 report. The firm has “Underperform” rating given on Friday, February 10 by Bank of America. Goldman Sachs initiated the stock with “Sell” rating in Wednesday, November 18 report. On Thursday, September 15 the stock rating was upgraded by Goldman Sachs to “Neutral”. As per Tuesday, August 25, the company rating was maintained by William Blair. The rating was upgraded by Piper Jaffray to “Neutral” on Friday, October 30. The stock of Seattle Genetics, Inc. (NASDAQ:SGEN) has “Outperform” rating given on Friday, July 31 by RBC Capital Markets. The rating was downgraded by Barclays Capital on Tuesday, November 29 to “Equal-Weight”.

Seattle Genetics, Inc. is a biotechnology firm focused on the development and commercialization of therapies for the treatment of cancer. The company has market cap of $7.10 billion. The Firm is engaged in the development and sale of pharmaceutical products on its own behalf or in collaboration with others. It currently has negative earnings. The Company’s marketed product ADCETRIS, or brentuximab vedotin, is an antibody-drug conjugate .