Fil LTD Has Lifted Merck & Co (MRK) Stake by $4.03 Million; Share Price Declined; Shareholder Shell Asset Management Co Upped Ebay (EBAY) Holding

January 18, 2018 - By Adrian Erickson

Fil Ltd increased its stake in Merck & Co Inc (MRK) by 3.64% based on its latest 2017Q3 regulatory filing with the SEC. Fil Ltd bought 62,917 shares as the company’s stock declined 2.46% while stock markets rallied. The institutional investor held 1.79M shares of the health care company at the end of 2017Q3, valued at $114.81M, up from 1.73 million at the end of the previous reported quarter. Fil Ltd who had been investing in Merck & Co Inc for a number of months, seems to be bullish on the $165.84 billion market cap company. The stock decreased 1.87% or $1.16 during the last trading session, reaching $60.87. About 3.28M shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since January 18, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.

Shell Asset Management Co increased its stake in Ebay Inc (EBAY) by 207.49% based on its latest 2017Q3 regulatory filing with the SEC. Shell Asset Management Co bought 174,723 shares as the company’s stock rose 0.21% with the market. The institutional investor held 258,932 shares of the business services company at the end of 2017Q3, valued at $14.66M, up from 84,209 at the end of the previous reported quarter. Shell Asset Management Co who had been investing in Ebay Inc for a number of months, seems to be bullish on the $40.40 billion market cap company. The stock increased 1.82% or $0.69 during the last trading session, reaching $38.68. About 3.29 million shares traded. eBay Inc. (NASDAQ:EBAY) has risen 44.45% since January 18, 2017 and is uptrending. It has outperformed by 27.75% the S&P500.

Fil Ltd, which manages about $34.88B US Long portfolio, decreased its stake in Netease Inc (NASDAQ:NTES) by 344,260 shares to 292,763 shares, valued at $77.23M in 2017Q3, according to the filing. It also reduced its holding in Broadsoft Inc (NASDAQ:BSFT) by 129,791 shares in the quarter, leaving it with 433,033 shares, and cut its stake in Colfax Corp (NYSE:CFX).

Among 23 analysts covering Merck & Co. Inc. (NYSE:MRK), 16 have Buy rating, 0 Sell and 7 Hold. Therefore 70% are positive. Merck & Co. Inc. had 73 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was upgraded by BMO Capital Markets on Thursday, August 13 to “Outperform”. The firm has “Hold” rating given on Thursday, August 27 by Jefferies. The rating was upgraded by Bank of America on Thursday, October 13 to “Buy”. Morgan Stanley downgraded the shares of MRK in report on Monday, October 30 to “Equal-Weight” rating. The rating was maintained by BMO Capital Markets with “Buy” on Friday, August 4. The stock has “Buy” rating by BMO Capital Markets on Monday, June 12. The stock has “Hold” rating by Societe Generale on Wednesday, September 30. The rating was maintained by Leerink Swann on Monday, October 30 with “Market Perform”. The rating was maintained by Bernstein with “Buy” on Wednesday, November 15. BMO Capital Markets maintained Merck & Co., Inc. (NYSE:MRK) on Tuesday, June 6 with “Buy” rating.

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.01, from 1.07 in 2017Q2. It fall, as 46 investors sold MRK shares while 619 reduced holdings. 106 funds opened positions while 598 raised stakes. 1.96 billion shares or 0.47% more from 1.95 billion shares in 2017Q2 were reported. Cls Investments Limited Com holds 273 shares or 0% of its portfolio. First Heartland Consultants holds 0.37% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 23,819 shares. Carret Asset Mgmt Ltd Liability holds 0.82% or 79,258 shares in its portfolio. Rand Wealth Ltd Liability Corp reported 4,695 shares stake. 10.73 million were accumulated by Swiss Bank & Trust. Bain Cap Equity Management Limited Com reported 134,088 shares or 0.54% of all its holdings. Perkins Coie Tru reported 7,684 shares stake. Violich Cap Mgmt holds 0.92% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 52,706 shares. Douglass Winthrop Limited Company reported 300,328 shares. Country Club Trust Na reported 135,174 shares stake. Hendley invested 2.43% in Merck & Co., Inc. (NYSE:MRK). Btim Corporation, Massachusetts-based fund reported 657,355 shares. Sky Group Inc Limited Liability Corporation accumulated 66,840 shares or 1.75% of the stock. Sol Mgmt Company, Maryland-based fund reported 6,059 shares. Burns J W & invested 0.13% of its portfolio in Merck & Co., Inc. (NYSE:MRK).

Shell Asset Management Co, which manages about $5.95B US Long portfolio, decreased its stake in Rlj Lodging Tr (NYSE:RLJ) by 46,725 shares to 28,247 shares, valued at $804,000 in 2017Q3, according to the filing. It also reduced its holding in Intuitive Surgical Inc (NASDAQ:ISRG) by 2,751 shares in the quarter, leaving it with 6,245 shares, and cut its stake in Nabors Industries Ltd (NYSE:NBR).

Investors sentiment decreased to 0.73 in Q3 2017. Its down 0.16, from 0.89 in 2017Q2. It turned negative, as 47 investors sold EBAY shares while 306 reduced holdings. 72 funds opened positions while 186 raised stakes. 878.69 million shares or 1.02% less from 887.72 million shares in 2017Q2 were reported. Oakworth Cap reported 0.01% stake. 5,600 were accumulated by Fukoku Mutual Life Insur Company. Blackrock Inc has invested 0.12% in eBay Inc. (NASDAQ:EBAY). Principal Gp holds 2.04M shares. Cornerstone Advsr Inc holds 0.01% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 293 shares. Checchi Cap Advisers Ltd Company invested in 0.04% or 10,818 shares. Northern Tru Corp reported 0.13% of its portfolio in eBay Inc. (NASDAQ:EBAY). Fifth Third Bancshares holds 0% or 7,192 shares in its portfolio. Shell Asset Management holds 0.25% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 258,932 shares. Mrj Capital holds 2.54% of its portfolio in eBay Inc. (NASDAQ:EBAY) for 117,486 shares. Boothbay Fund Limited Liability Company has 6,199 shares. Amica Mutual Ins invested in 83,343 shares. Ashfield Prtn Llc holds 14,857 shares. Interest reported 0.06% in eBay Inc. (NASDAQ:EBAY). 109,933 are owned by Ontario Teachers Pension Plan Board.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.