As Hospitality Pptys Tr (HPT) Shares Declined, Tcw Group Lowered Position by $2.87 Million; Cutter & Company Brokerage Decreased Its Position in Novo Nordisk A S Adr (NVO) by $301,872

March 15, 2018 - By Adrian Mccoy

Cutter & Company Brokerage Inc decreased its stake in Novo Nordisk A S Adr (NVO) by 3.43% based on its latest 2017Q3 regulatory filing with the SEC. Cutter & Company Brokerage Inc sold 6,289 shares as the company’s stock rose 15.20% with the market. The institutional investor held 177,041 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $8.53 million, down from 183,330 at the end of the previous reported quarter. Cutter & Company Brokerage Inc who had been investing in Novo Nordisk A S Adr for a number of months, seems to be less bullish one the $122.05 billion market cap company. The stock decreased 0.08% or $0.04 during the last trading session, reaching $50.29. About 923,215 shares traded. Novo Nordisk A/S (NYSE:NVO) has declined 23.93% since March 15, 2017 and is downtrending. It has underperformed by 40.63% the S&P500.

Tcw Group Inc decreased its stake in Hospitality Pptys Tr (HPT) by 22.11% based on its latest 2017Q3 regulatory filing with the SEC. Tcw Group Inc sold 102,414 shares as the company’s stock declined 9.53% while stock markets rallied. The institutional investor held 360,846 shares of the real estate investment trusts company at the end of 2017Q3, valued at $10.28 million, down from 463,260 at the end of the previous reported quarter. Tcw Group Inc who had been investing in Hospitality Pptys Tr for a number of months, seems to be less bullish one the $4.15B market cap company. The stock increased 0.44% or $0.11 during the last trading session, reaching $25.23. About 700,201 shares traded. Hospitality Properties Trust (NYSE:HPT) has risen 14.95% since March 15, 2017 and is uptrending. It has underperformed by 1.75% the S&P500.

Analysts await Novo Nordisk A/S (NYSE:NVO) to report earnings on May, 2. They expect $0.66 earnings per share, up 13.79% or $0.08 from last year’s $0.58 per share. NVO’s profit will be $1.60B for 19.05 P/E if the $0.66 EPS becomes a reality. After $0.53 actual earnings per share reported by Novo Nordisk A/S for the previous quarter, Wall Street now forecasts 24.53% EPS growth.

Among 15 analysts covering Novo Nordisk (ADR) (NYSE:NVO), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. Novo Nordisk (ADR) had 21 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Neutral” rating by JP Morgan given on Friday, December 29. The stock has “Hold” rating by HSBC on Wednesday, August 31. As per Monday, October 31, the company rating was downgraded by Citigroup. As per Friday, December 1, the company rating was upgraded by Morgan Stanley. Bank of America downgraded Novo Nordisk A/S (NYSE:NVO) on Friday, October 28 to “Underperform” rating. The firm has “Strong Buy” rating by Jyske Bank given on Monday, October 19. J.P. Morgan upgraded Novo Nordisk A/S (NYSE:NVO) on Friday, December 29 to “Hold” rating. The company was downgraded on Friday, September 9 by JP Morgan. Piper Jaffray initiated Novo Nordisk A/S (NYSE:NVO) on Friday, September 23 with “Neutral” rating. The stock has “Sell” rating by UBS on Monday, February 8.

Tcw Group Inc, which manages about $12.58B US Long portfolio, upped its stake in Crown Castle Intl Corp New (NYSE:CCI) by 122,719 shares to 441,426 shares, valued at $44.13M in 2017Q3, according to the filing. It also increased its holding in Gilead Sciences Inc (NASDAQ:GILD) by 262,162 shares in the quarter, for a total of 2.36 million shares, and has risen its stake in Nvidia Corp (NASDAQ:NVDA).

Among 10 analysts covering Hospitality Properties Trust (NYSE:HPT), 4 have Buy rating, 2 Sell and 4 Hold. Therefore 40% are positive. Hospitality Properties Trust had 29 analyst reports since August 11, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Hold” rating and $30 target in Tuesday, August 11 report. FBR Capital maintained Hospitality Properties Trust (NASDAQ:HPT) rating on Thursday, November 9. FBR Capital has “Buy” rating and $35.0 target. The stock has “Outperform” rating by FBR Capital on Wednesday, May 11. The stock of Hospitality Properties Trust (NASDAQ:HPT) has “Underperform” rating given on Monday, January 11 by RBC Capital Markets. JMP Securities maintained the shares of HPT in report on Friday, April 7 with “Market Perform” rating. The stock of Hospitality Properties Trust (NASDAQ:HPT) has “Hold” rating given on Tuesday, March 6 by Robert W. Baird. As per Thursday, August 10, the company rating was maintained by Stifel Nicolaus. FBR Capital upgraded Hospitality Properties Trust (NASDAQ:HPT) rating on Friday, November 11. FBR Capital has “Outperform” rating and $33 target. On Tuesday, January 2 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, October 18 report.