JP Morgan Reiterates a Overweight Rating on IQVIA Holdings (IQV) and $120 Target; Ionic Capital Management Has Increased Its Wal (WMT) Stake

February 15, 2018 - By Migdalia James

Ionic Capital Management Llc increased Wal (WMT) stake by 35% reported in 2017Q3 SEC filing. Ionic Capital Management Llc acquired 17,500 shares as Wal (WMT)’s stock rose 13.55%. The Ionic Capital Management Llc holds 67,500 shares with $5.27 million value, up from 50,000 last quarter. Wal now has $303.73 billion valuation. The stock increased 0.82% or $0.83 during the last trading session, reaching $102.53. About 1.15 million shares traded. Walmart Inc. (NYSE:WMT) has risen 13.83% since February 15, 2017 and is uptrending. It has underperformed by 2.87% the S&P500.

Among 7 analysts covering IQVIA Holdings Inc (IQV), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. IQVIA Holdings Inc has $112 highest and $97.0 lowest target. $108.33’s average target is 6.39% above currents $101.825 stock price. IQVIA Holdings Inc had 7 analyst reports since November 13, 2017 according to SRatingsIntel. On Thursday, December 14 the stock rating was initiated by MUFG Securities Americas Inc with “Hold”. The stock of IQVIA Holdings Inc. (NYSE:IQV) earned “Hold” rating by Mizuho on Wednesday, January 24. The rating was downgraded by KeyBanc Capital Markets on Monday, November 13 to “Hold”. The rating was maintained by SunTrust with “Hold” on Monday, January 22. The firm earned “Hold” rating on Thursday, January 18 by Robert W. Baird.

The stock decreased 2.73% or $2.855 during the last trading session, reaching $101.825. About 504,181 shares traded. IQVIA Holdings Inc. (IQV) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Quintiles IMS Holdings, Inc. provides integrated information and technology-enabled healthcare services in the Americas, Europe, Africa, and the Asia-Pacific. The company has market cap of $21.18 billion. It operates through three divisions: Commercial Solutions, Research & Development Solutions, and Integrated Engagement Services. It has a 417.32 P/E ratio. The Commercial Solutions segment offers country level performance metrics related to sales of pharmaceutical products, prescribing trends, medical treatment, and promotional activity across various channels, including retail, hospital, and mail order to life science companies, and investment and financial sectors that deal with life science companies; and measurement of sales or prescribing activity at the regional, zip code, and individual prescriber level to pharmaceutical sales organizations.

Among 37 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 18 have Buy rating, 0 Sell and 19 Hold. Therefore 49% are positive. Wal-Mart Stores Inc had 142 analyst reports since August 14, 2015 according to SRatingsIntel. BMO Capital Markets maintained Walmart Inc. (NYSE:WMT) rating on Friday, November 17. BMO Capital Markets has “Market Perform” rating and $99 target. The rating was maintained by Cowen & Co on Wednesday, September 20 with “Buy”. The company was maintained on Monday, October 2 by Robert W. Baird. Robert W. Baird maintained Walmart Inc. (NYSE:WMT) rating on Thursday, August 24. Robert W. Baird has “Buy” rating and $85.0 target. As per Thursday, May 19, the company rating was maintained by Morgan Stanley. The rating was maintained by Robert W. Baird with “Buy” on Thursday, November 16. The rating was maintained by Jefferies with “Buy” on Thursday, November 16. Bank of America downgraded Walmart Inc. (NYSE:WMT) rating on Thursday, October 15. Bank of America has “Neutral” rating and $65 target. The firm earned “Equal-Weight” rating on Friday, November 17 by Morgan Stanley. Deutsche Bank maintained Walmart Inc. (NYSE:WMT) on Wednesday, October 7 with “Hold” rating.

Since August 21, 2017, it had 0 insider purchases, and 18 sales for $1.67 billion activity. 2.12M shares were sold by WALTON S ROBSON, worth $166.15 million. The insider WALTON JIM C sold 1.65 million shares worth $131.11M. 775,958 shares were sold by WALTON ALICE L, worth $62.26 million on Wednesday, August 23. The insider Canney Jacqueline P sold $200,291. 9,216 shares were sold by Gearhart Jeffrey J, worth $727,698.

Ionic Capital Management Llc decreased Ishares Tr (Call) (FXI) stake by 668,900 shares to 531,100 valued at $23.39 million in 2017Q3. It also reduced Merck & Co Inc (NYSE:MRK) stake by 294,923 shares and now owns 55,077 shares. Altaba Inc was reduced too.

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