Northeast Investment Management Raised Its Merck & Co (MRK) Holding by $374,400 as Stock Value Declined; Oberndorf William E Maintains Position in Herbalife LTD (HLF)

February 19, 2018 - By Marguerite Chambers

Northeast Investment Management increased its stake in Merck & Co Inc (MRK) by 20.12% based on its latest 2017Q3 regulatory filing with the SEC. Northeast Investment Management bought 5,850 shares as the company’s stock declined 2.46% while stock markets rallied. The institutional investor held 34,922 shares of the health care company at the end of 2017Q3, valued at $2.24M, up from 29,072 at the end of the previous reported quarter. Northeast Investment Management who had been investing in Merck & Co Inc for a number of months, seems to be bullish on the $153.36 billion market cap company. The stock increased 0.54% or $0.3 during the last trading session, reaching $56.29. About 11.73M shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 16.86% since February 19, 2017 and is uptrending. It has outperformed by 0.16% the S&P500.

Oberndorf William E increased its stake in Herbalife Ltd (HLF) by 34.94% based on its latest 2017Q3 regulatory filing with the SEC. Oberndorf William E bought 50,660 shares as the company’s stock rose 17.28% with the market. The institutional investor held 195,660 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $13.27 million, up from 145,000 at the end of the previous reported quarter. Oberndorf William E who had been investing in Herbalife Ltd for a number of months, seems to be bullish on the $6.92B market cap company. The stock decreased 0.19% or $0.16 during the last trading session, reaching $83.72. About 776,965 shares traded. Herbalife Ltd. (NYSE:HLF) has risen 20.65% since February 19, 2017 and is uptrending. It has outperformed by 3.95% the S&P500.

Oberndorf William E, which manages about $127.24 million US Long portfolio, decreased its stake in Charter Communications Inc. by 7,800 shares to 10,958 shares, valued at $3.98 million in 2017Q3, according to the filing.

Among 7 analysts covering Herbalife (NYSE:HLF), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Herbalife had 22 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Vetr on Monday, August 31 to “Buy”. The rating was maintained by Citigroup with “Neutral” on Tuesday, October 3. The stock of Herbalife Ltd. (NYSE:HLF) earned “Buy” rating by Pivotal Research on Friday, May 5. Zacks upgraded the shares of HLF in report on Friday, August 7 to “Hold” rating. Vetr downgraded the stock to “Buy” rating in Friday, August 7 report. Pivotal Research maintained Herbalife Ltd. (NYSE:HLF) rating on Wednesday, August 2. Pivotal Research has “Buy” rating and $12000 target. The rating was initiated by Sterne Agee CRT on Tuesday, July 21 with “Neutral”. Tigress Financial maintained the shares of HLF in report on Thursday, August 3 with “Buy” rating. Pivotal Research maintained Herbalife Ltd. (NYSE:HLF) on Wednesday, November 4 with “Buy” rating. The firm earned “Buy” rating on Thursday, August 27 by Pivotal Research.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.10, from 0.79 in 2017Q2. It is positive, as 37 investors sold HLF shares while 56 reduced holdings. 30 funds opened positions while 53 raised stakes. 95.88 million shares or 1.95% less from 97.79 million shares in 2017Q2 were reported. Huber Capital Management Limited Liability Company accumulated 307,935 shares or 1.15% of the stock. First Personal Fin reported 741 shares. Fny Managed Accounts Lc reported 26,768 shares. Global X Mgmt Limited Liability Corp holds 0.03% or 15,984 shares in its portfolio. Victory Capital Management reported 0% in Herbalife Ltd. (NYSE:HLF). State Street Corp has 0.01% invested in Herbalife Ltd. (NYSE:HLF) for 1.12M shares. Cibc Asset Mngmt, a Ontario – Canada-based fund reported 4,926 shares. D E Shaw & reported 0.29% of its portfolio in Herbalife Ltd. (NYSE:HLF). First Trust Advsrs LP has 220,671 shares. Aperio Gp Ltd Liability Corporation has invested 0.01% in Herbalife Ltd. (NYSE:HLF). Salem Invest Counselors Incorporated stated it has 0% in Herbalife Ltd. (NYSE:HLF). Shell Asset Mngmt, Netherlands-based fund reported 60,549 shares. Swiss National Bank & Trust accumulated 116,336 shares. Eagle Boston Invest stated it has 104,927 shares. Deutsche Fincl Bank Ag invested in 0.03% or 717,699 shares.

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. Merck & Co. Inc. had 79 analyst reports since August 13, 2015 according to SRatingsIntel. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, February 14 report. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, July 19. On Wednesday, January 27 the stock rating was downgraded by Bank of America to “Neutral”. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, October 30. On Friday, September 8 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Sell” rating on Friday, October 20 by Jefferies. Leerink Swann maintained Merck & Co., Inc. (NYSE:MRK) rating on Monday, October 30. Leerink Swann has “Market Perform” rating and $69 target. The rating was initiated by Societe Generale on Wednesday, April 6 with “Buy”. The firm has “Market Perform” rating given on Monday, October 23 by Leerink Swann. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, February 14.

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.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts