Alpine Associates Management Has Trimmed Its St Jude Med (STJ) Position, 4 Analysts Bullish Star Bulk Carriers Corp. (SBLK)

May 24, 2017 - By Marguerite Chambers

Among 7 analysts covering Star Bulk Carriers (NASDAQ:SBLK), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Star Bulk Carriers had 17 analyst reports since September 1, 2015 according to SRatingsIntel. The firm earned “Underweight” rating on Tuesday, December 15 by Morgan Stanley. The stock has “Sell” rating by UBS on Wednesday, October 28. The stock of Star Bulk Carriers Corp. (NASDAQ:SBLK) has “Neutral” rating given on Friday, November 20 by UBS. The firm has “Neutral” rating by Seaport Global given on Tuesday, August 2. ABN Amro upgraded Star Bulk Carriers Corp. (NASDAQ:SBLK) on Thursday, April 21 to “Buy” rating. The company was initiated on Thursday, October 15 by JP Morgan. The stock of Star Bulk Carriers Corp. (NASDAQ:SBLK) earned “Neutral” rating by JP Morgan on Tuesday, January 26. The rating was downgraded by Stifel Nicolaus on Thursday, January 7 to “Hold”. As per Tuesday, March 28, the company rating was upgraded by Morgan Stanley. On Wednesday, November 18 the stock rating was downgraded by Deutsche Bank to “Hold”. See Star Bulk Carriers Corp. (NASDAQ:SBLK) latest ratings:

28/03/2017 Broker: Morgan Stanley Old Rating: Underweight New Rating: Overweight Upgrade
21/02/2017 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Old Target: $3.50 New Target: $12 Upgrade

Alpine Associates Management Inc decreased St Jude Med Inc (STJ) stake by 18.36% reported in 2016Q4 SEC filing. Alpine Associates Management Inc sold 386,200 shares as St Jude Med Inc (STJ)’s stock 0.00%. The Alpine Associates Management Inc holds 1.72 million shares with $137.72M value, down from 2.10 million last quarter. St Jude Med Inc now has $ valuation. It is 0.00% or $0 reaching $0 per share. It is down 0.00% since May 24, 2016 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 0.76 in Q4 2016. Its up 0.07, from 0.69 in 2016Q3. It is positive, as 48 investors sold STJ shares while 205 reduced holdings. 44 funds opened positions while 149 raised stakes. 235.99 million shares or 2.87% more from 229.40 million shares in 2016Q3 were reported. 5,436 are held by Acropolis Mngmt Ltd Company. Ca has invested 0.76% in St Jude Medical Inc (NYSE:STJ). 411,354 were reported by State Board Of Administration Of Florida Retirement System. Jpmorgan Chase And Commerce holds 0.04% or 1.98M shares in its portfolio. Natixis invested in 17,620 shares. Hudson Valley Inv Adv owns 11,750 shares for 0.28% of their portfolio. The United Kingdom-based Barclays Public Limited Company has invested 0.25% in St Jude Medical Inc (NYSE:STJ). Bp Pcl has invested 0.11% of its portfolio in St Jude Medical Inc (NYSE:STJ). New York-based Glazer Lc has invested 11.93% in St Jude Medical Inc (NYSE:STJ). Aviva Pcl holds 185,309 shares. Laurion Cap Lp has invested 0% in St Jude Medical Inc (NYSE:STJ). Parsec Fin Mngmt has 77,627 shares for 0.54% of their portfolio. Oakworth Cap has 0% invested in St Jude Medical Inc (NYSE:STJ) for 66 shares. Wolverine Asset Ltd Liability Corp owns 60,786 shares or 0.06% of their US portfolio. Moreover, Pillar Pacific Mgmt Ltd Llc has 0.7% invested in St Jude Medical Inc (NYSE:STJ).

Alpine Associates Management Inc increased Everbank Finl Corp (NYSE:EVER) stake by 2.18 million shares to 5.92 million valued at $115.11M in 2016Q4. It also upped American Cap Ltd (NASDAQ:ACAS) stake by 552,900 shares and now owns 5.14M shares. Interoil Corp (NYSE:IOC) was raised too.

Among 20 analysts covering St. Jude Medical Inc. (NYSE:STJ), 4 have Buy rating, 0 Sell and 16 Hold. Therefore 20% are positive. St. Jude Medical Inc. had 45 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was reinitiated by Credit Suisse on Monday, August 10 with “Outperform”. BTIG Research downgraded the stock to “Neutral” rating in Monday, April 18 report. Zacks upgraded the shares of STJ in report on Monday, August 24 to “Hold” rating. The firm has “Buy” rating by BTIG Research given on Sunday, August 9. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, January 19. The rating was downgraded by BMO Capital Markets on Thursday, July 23 to “Market Perform”. As per Thursday, October 22, the company rating was downgraded by Stifel Nicolaus. The firm has “Hold” rating by Deutsche Bank given on Saturday, August 29. The firm has “Neutral” rating given on Tuesday, May 10 by Suntrust Robinson. The stock of St Jude Medical Inc (NYSE:STJ) has “Market Perform” rating given on Wednesday, September 2 by Oppenheimer.