Hitchwood Capital Management LP Has Cut Amerisourcebergen (ABC) Holding By $94.00 Million; Profile of 4 Analysts Covering Paramount Group, Inc. (PGRE)

December 7, 2017 - By Adrian Erickson

Among 10 analysts covering Paramount Group (NYSE:PGRE), 4 have Buy rating, 3 Sell and 3 Hold. Therefore 40% are positive. Paramount Group had 18 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, February 25 by Mizuho. On Thursday, August 25 the stock rating was initiated by BTIG Research with “Neutral”. The rating was maintained by Deutsche Bank with “Buy” on Monday, July 18. On Monday, November 7 the stock rating was maintained by Mizuho with “Neutral”. The stock of Paramount Group, Inc. (NYSE:PGRE) has “Sell” rating given on Thursday, June 22 by Goldman Sachs. The firm has “Underperform” rating given on Monday, July 10 by Mizuho. Capital One upgraded the shares of PGRE in report on Wednesday, March 2 to “Overweight” rating. Cowen & Co initiated Paramount Group, Inc. (NYSE:PGRE) rating on Monday, March 28. Cowen & Co has “Market Perform” rating and $17 target. The rating was upgraded by Wells Fargo on Tuesday, December 13 to “Outperform”. The stock has “Hold” rating by Evercore on Monday, August 10. See Paramount Group, Inc. (NYSE:PGRE) latest ratings:

10/07/2017 Broker: Mizuho Old Rating: Neutral New Rating: Underperform Downgrade
22/06/2017 Broker: Goldman Sachs Rating: Sell New Target: $15 Maintain
13/06/2017 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Underweight Downgrade

Hitchwood Capital Management Lp decreased Amerisourcebergen Corp (ABC) stake by 33.33% reported in 2017Q2 SEC filing. Hitchwood Capital Management Lp sold 1.00M shares as Amerisourcebergen Corp (ABC)’s stock declined 1.76%. The Hitchwood Capital Management Lp holds 2.00 million shares with $189.06M value, down from 3.00M last quarter. Amerisourcebergen Corp now has $18.74B valuation. The stock decreased 0.09% or $0.08 during the last trading session, reaching $85.91. About 1.30M shares traded. AmerisourceBergen Corporation (NYSE:ABC) has risen 18.80% since December 7, 2016 and is uptrending. It has outperformed by 2.10% the S&P500.

The stock decreased 0.54% or $0.09 during the last trading session, reaching $15.73. About 1.50M shares traded or 26.62% up from the average. Paramount Group, Inc. (NYSE:PGRE) has declined 1.39% since December 7, 2016 and is downtrending. It has underperformed by 18.09% the S&P500.

Paramount Group, Inc. is a real estate firm that invests in Class A office properties located in select central business district submarkets of New York City, Washington, D.C. and San Francisco. The company has market cap of $4.17 billion.

Analysts await AmerisourceBergen Corporation (NYSE:ABC) to report earnings on January, 30. They expect $1.32 EPS, down 2.94% or $0.04 from last year’s $1.36 per share. ABC’s profit will be $287.86M for 16.27 P/E if the $1.32 EPS becomes a reality. After $1.33 actual EPS reported by AmerisourceBergen Corporation for the previous quarter, Wall Street now forecasts -0.75% negative EPS growth.

Among 18 analysts covering AmerisourceBergen (NYSE:ABC), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. AmerisourceBergen had 58 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Friday, February 5 by UBS. The stock of AmerisourceBergen Corporation (NYSE:ABC) earned “Neutral” rating by Bank of America on Tuesday, June 7. The stock has “Buy” rating by Leerink Swann on Monday, August 7. On Wednesday, October 7 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of AmerisourceBergen Corporation (NYSE:ABC) earned “Neutral” rating by UBS on Thursday, October 6. The stock of AmerisourceBergen Corporation (NYSE:ABC) has “Hold” rating given on Tuesday, August 29 by Jefferies. The stock of AmerisourceBergen Corporation (NYSE:ABC) earned “Buy” rating by Bank of America on Thursday, January 12. Needham maintained the shares of ABC in report on Friday, November 3 with “Buy” rating. The stock of AmerisourceBergen Corporation (NYSE:ABC) has “Buy” rating given on Thursday, August 27 by Zacks. The rating was maintained by Robert W. Baird with “Buy” on Monday, November 6.

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.

Twitter Auto Publish Powered By : XYZScripts.com