Amica Mutual Insurance Company Has Raised Affiliated Managers Group (AMG) Position; NewStar Financial (NEWS) Had 0 Bullish Analysts

May 26, 2017 - By Hazel Jackson

Amica Mutual Insurance Company increased Affiliated Managers Group Inc (AMG) stake by 21.86% reported in 2016Q4 SEC filing. Amica Mutual Insurance Company acquired 6,724 shares as Affiliated Managers Group Inc (AMG)’s stock declined 9.34%. The Amica Mutual Insurance Company holds 37,487 shares with $5.45M value, up from 30,763 last quarter. Affiliated Managers Group Inc now has $8.71B valuation. The stock increased 0.98% or $1.5 during the last trading session, reaching $154. About shares traded. Affiliated Managers Group, Inc. (NYSE:AMG) has declined 5.60% since May 26, 2016 and is downtrending. It has underperformed by 22.30% the S&P500.

Among 2 analysts covering Newstar Financial Inc (NASDAQ:NEWS), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Newstar Financial Inc had 5 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Wood on Tuesday, October 6 with “Market Perform”. Wood maintained it with “Market Perform” rating and $11 target in Monday, April 4 report. See NewStar Financial Inc (NASDAQ:NEWS) latest ratings:

Since December 12, 2016, it had 0 buys, and 4 sales for $22.91 million activity. Churchill Dwight D. also sold $500,719 worth of Affiliated Managers Group, Inc. (NYSE:AMG) on Monday, December 12. $11.45M worth of Affiliated Managers Group, Inc. (NYSE:AMG) was sold by Horgen Jay C.. $1.36M worth of Affiliated Managers Group, Inc. (NYSE:AMG) shares were sold by Ryan Patrick T. HEALEY SEAN M also sold $9.60M worth of Affiliated Managers Group, Inc. (NYSE:AMG) on Wednesday, December 14.

Among 8 analysts covering Affiliated Managers Group (NYSE:AMG), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Affiliated Managers Group had 32 analyst reports since August 9, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, August 17 by Deutsche Bank. The rating was upgraded by ABN Amro on Monday, May 9 to “Buy”. The firm has “Outperform” rating given on Wednesday, February 3 by Keefe Bruyette & Woods. As per Friday, November 4, the company rating was downgraded by Deutsche Bank. Deutsche Bank maintained the shares of AMG in report on Friday, August 5 with “Buy” rating. Barrington Research maintained Affiliated Managers Group, Inc. (NYSE:AMG) rating on Wednesday, February 3. Barrington Research has “Outperform” rating and $165 target. The firm earned “Buy” rating on Monday, July 11 by Jefferies. The firm has “Buy” rating given on Tuesday, January 26 by Deutsche Bank. The stock has “Neutral” rating by Citigroup on Tuesday, December 15. The rating was maintained by Citigroup on Thursday, April 14 with “Neutral”.

Amica Mutual Insurance Company decreased Unitedhealth Group Inc (NYSE:UNH) stake by 10,967 shares to 39,313 valued at $6.29M in 2016Q4. It also reduced Apple Inc (NASDAQ:AAPL) stake by 11,581 shares and now owns 274,725 shares. Wesco Aircraft Holdings Inc (NYSE:WAIR) was reduced too.

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.19, from 0.94 in 2016Q3. It increased, as 34 investors sold AMG shares while 171 reduced holdings. 70 funds opened positions while 162 raised stakes. 50.72 million shares or 2.41% more from 49.53 million shares in 2016Q3 were reported. Stephens Ar invested in 0.01% or 2,211 shares. Price T Rowe Associates Md holds 0% or 132,295 shares in its portfolio. Employees Retirement Association Of Colorado has 0.01% invested in Affiliated Managers Group, Inc. (NYSE:AMG) for 11,041 shares. Cibc Asset holds 0.01% or 5,114 shares. Natixis owns 6,744 shares or 0.01% of their US portfolio. Edgepoint Invest Gp owns 505,086 shares or 1.23% of their US portfolio. Commonwealth Equity Serv owns 2,845 shares. Amica Mutual Insurance has 0.49% invested in Affiliated Managers Group, Inc. (NYSE:AMG). Pioneer reported 127,593 shares. 125,526 were reported by Ubs Asset Mngmt Americas Inc. Hartford Inv Management accumulated 0.04% or 13,102 shares. First Personal Financial Ser owns 181 shares. Nevada-based Whittier Trust Comm Of Nevada has invested 0% in Affiliated Managers Group, Inc. (NYSE:AMG). Pictet Asset Mgmt Limited holds 0.01% or 26,815 shares in its portfolio. 40,204 were accumulated by Stoneridge Inv Partners Ltd Liability.

The stock increased 0.55% or $0.05 on May 25, reaching $9.09. About shares traded. NewStar Financial Inc (NASDAQ:NEWS) has risen 28.00% since May 26, 2016 and is uptrending. It has outperformed by 11.30% the S&P500.

Since December 16, 2016, it had 0 insider purchases, and 1 sale for $121,754 activity. $121,754 worth of stock was sold by COOPER BRADLEY E on Friday, December 16.

NewStar Financial, Inc. is a commercial finance company. The company has market cap of $379.51 million. The Firm operates through two divisions: Commercial Lending and Asset Management. It has a 16.18 P/E ratio. The Commercial Lending segment represents its direct lending activities, which are focused on providing a range of flexible senior secured debt options to mid-sized companies.

Investors sentiment increased to 2.43 in Q4 2016. Its up 1.43, from 1 in 2016Q3. It increased, as 2 investors sold NewStar Financial Inc shares while 19 reduced holdings. 27 funds opened positions while 24 raised stakes. 29.76 million shares or 13.85% less from 34.54 million shares in 2016Q3 were reported. Citigroup has invested 0% in NewStar Financial Inc (NASDAQ:NEWS). Blackrock Fund holds 792,993 shares. Jpmorgan Chase holds 45,186 shares. Amer Int Group accumulated 101,718 shares. Bnp Paribas Arbitrage Sa holds 644 shares. National Bank & Trust Of America Corp De has invested 0% of its portfolio in NewStar Financial Inc (NASDAQ:NEWS). Morgan Stanley holds 102,548 shares or 0% of its portfolio. Blackrock has 0% invested in NewStar Financial Inc (NASDAQ:NEWS) for 3,154 shares. Moreover, Bridgeway Cap Inc has 0% invested in NewStar Financial Inc (NASDAQ:NEWS) for 30,000 shares. Mufg Americas holds 0% or 150 shares. Blackrock Advsr Ltd Liability Com reported 0% of its portfolio in NewStar Financial Inc (NASDAQ:NEWS). Blackrock Invest Management Ltd Liability holds 94,260 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement Sys stated it has 21,265 shares or 0% of all its holdings. 215,700 were reported by Renaissance Lc. Cap Impact Advsr Ltd Liability Corp invested 0.23% in NewStar Financial Inc (NASDAQ:NEWS).