Bank Pictet & Cie Asia LTD Has Lifted Its Celgene (CELG) Holding, Last Week JMP Group Inc. (JMP) Coverage

May 30, 2017 - By Clifton Ray

Bank Pictet & Cie Asia Ltd increased Celgene Corp (CELG) stake by 69.58% reported in 2016Q4 SEC filing. Bank Pictet & Cie Asia Ltd acquired 5,010 shares as Celgene Corp (CELG)’s stock declined 3.49%. The Bank Pictet & Cie Asia Ltd holds 12,210 shares with $1.41 million value, up from 7,200 last quarter. Celgene Corp now has $91.22 billion valuation. It closed at $116.78 lastly. It is down 17.00% since May 30, 2016 and is uptrending. It has outperformed by 0.30% the S&P500.

Among 4 analysts covering JMP Group (NYSE:JMP), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. JMP Group had 5 analyst reports since September 2, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, October 7 by Wood. The stock of JMP Group Inc. (NYSE:JMP) has “Sell” rating given on Wednesday, September 2 by TheStreet. Barrington Research maintained it with “Outperform” rating and $8 target in Monday, October 26 report. The firm earned “Mkt Perform” rating on Friday, December 11 by Keefe Bruyette & Woods. See JMP Group Inc. (NYSE:JMP) latest ratings:

Investors sentiment decreased to 0.98 in Q4 2016. Its down 0.13, from 1.11 in 2016Q3. It dropped, as 57 investors sold CELG shares while 470 reduced holdings. 116 funds opened positions while 398 raised stakes. 587.86 million shares or 1.69% more from 578.10 million shares in 2016Q3 were reported. Gofen & Glossberg Limited Liability Corporation Il holds 436,651 shares or 2.06% of its portfolio. The New York-based Fincl Ptnrs Cap Mgmt Limited Liability Company has invested 0.78% in Celgene Corporation (NASDAQ:CELG). Centre Asset Management Ltd Company has 0.92% invested in Celgene Corporation (NASDAQ:CELG). Tower Bridge accumulated 0% or 2,460 shares. Green Valley Invsts Limited Liability Company holds 9.11% or 1.50M shares in its portfolio. Liberty Cap Mngmt has invested 1.92% in Celgene Corporation (NASDAQ:CELG). Retirement Systems Of Alabama invested in 0.37% or 543,871 shares. 780,046 are held by Fifth Third Comml Bank. Camarda Fincl Ltd Limited Liability Company reported 18 shares or 0% of all its holdings. Texas Permanent School Fund accumulated 0.36% or 232,222 shares. Stonebridge Capital Mgmt Inc holds 2,198 shares or 0.11% of its portfolio. 43,175 were accumulated by Patten & Patten Tn. Brown Advisory Secs Ltd Limited Liability Company reported 5,440 shares or 0.17% of all its holdings. New York-based Perceptive Advsrs Limited Liability Company has invested 0.21% in Celgene Corporation (NASDAQ:CELG). Birch Hill Investment Advsr reported 3.5% stake.

Since February 27, 2017, it had 0 buys, and 3 sales for $3.15 million activity. $497,672 worth of Celgene Corporation (NASDAQ:CELG) was sold by VESSEY RUPERT. On Thursday, March 30 the insider KAPLAN GILLA sold $1.74M. On Monday, February 27 CASEY MICHAEL D sold $911,625 worth of Celgene Corporation (NASDAQ:CELG) or 7,500 shares.

Among 23 analysts covering Celgene Corporation (NASDAQ:CELG), 18 have Buy rating, 0 Sell and 5 Hold. Therefore 78% are positive. Celgene Corporation had 40 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, July 24 by JMP Securities. The rating was upgraded by JP Morgan to “Overweight” on Thursday, October 1. The rating was initiated by Stifel Nicolaus on Friday, July 15 with “Buy”. Wells Fargo maintained Celgene Corporation (NASDAQ:CELG) on Friday, December 4 with “Outperform” rating. The firm has “Buy” rating by SunTrust given on Thursday, January 7. As per Wednesday, January 20, the company rating was initiated by Credit Suisse. As per Friday, July 24, the company rating was maintained by UBS. The firm has “Buy” rating given on Tuesday, November 8 by Mizuho. The stock of Celgene Corporation (NASDAQ:CELG) earned “Market Outperform” rating by JMP Securities on Wednesday, March 9. The rating was initiated by Jefferies on Wednesday, September 9 with “Buy”.

Investors sentiment decreased to 1.43 in 2016 Q4. Its down 0.14, from 1.57 in 2016Q3. It worsened, as 5 investors sold JMP Group Inc. shares while 2 reduced holdings. 5 funds opened positions while 5 raised stakes. 2.84 million shares or 0.70% less from 2.86 million shares in 2016Q3 were reported. 116,451 were reported by Bridgeway Cap Management. 1.04M were reported by Price T Rowe Associates Md. Jbf Capital reported 34,174 shares or 0.03% of all its holdings. Da Davidson And accumulated 0% or 2,400 shares. Acadian Asset Mngmt Ltd Liability Corporation invested in 0% or 4,136 shares. 41,762 are held by Royal Comml Bank Of Canada. Continental Advsr Limited Liability Corporation holds 0.44% or 263,326 shares in its portfolio. Renaissance Technology Limited Liability Corp invested in 0% or 56,375 shares. Zpr Inv has invested 0.12% in JMP Group Inc. (NYSE:JMP). Walleye Trading Llc holds 3,300 shares or 0% of its portfolio. Jpmorgan Chase And owns 19,214 shares. California Public Employees Retirement Systems holds 0% or 57,700 shares in its portfolio. Lmm Limited Liability Corp holds 300,000 shares or 0.08% of its portfolio. Morgan Stanley invested in 117,062 shares. Fmr Limited Liability Com invested in 496,200 shares or 0% of the stock.

The stock increased 0.93% or $0.05 on May 26, reaching $5.41. About shares traded. JMP Group Inc. (NYSE:JMP) has risen 2.86% since May 30, 2016 and is uptrending. It has underperformed by 13.84% the S&P500.

JMP Group, Inc. is a full-service investment banking and asset management firm. The company has market cap of $113.56 million. The Firm operates in five divisions: Broker-Dealer, Asset Management, Corporate Credit, Investment Income and Corporate Costs. It currently has negative earnings. The Broker-Dealer segment includes a range of services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions and financial advisory services in mergers and acquisitions, restructuring and other strategic transactions.