Symphony Asset Management Has Lifted Its Holding in Pepsico (PEP) by $559,884; As Molina Healthcare Com Stk (MOH) Share Price Rose, Sivik Global Healthcare Has Increased by $850,000 Its Position

February 19, 2018 - By wolcottdaily

Symphony Asset Management Llc increased its stake in Pepsico Inc (PEP) by 46.51% based on its latest 2017Q3 regulatory filing with the SEC. Symphony Asset Management Llc bought 5,044 shares as the company’s stock rose 5.12% with the market. The institutional investor held 15,889 shares of the consumer non-durables company at the end of 2017Q3, valued at $1.77M, up from 10,845 at the end of the previous reported quarter. Symphony Asset Management Llc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $157.70B market cap company. The stock increased 0.08% or $0.09 during the last trading session, reaching $111.06. About 5.58 million shares traded or 37.11% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since February 19, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Krishen Sud increased its stake in Molina Healthcare Inc Com Stk (MOH) by 15.15% based on its latest 2017Q3 regulatory filing with the SEC. Sivik Global Healthcare Llc bought 12,500 shares as the company’s stock rose 39.71% with the market. The hedge fund run by Krishen Sud held 95,000 shares of the medical specialities company at the end of 2017Q3, valued at $6.53M, up from 82,500 at the end of the previous reported quarter. Sivik Global Healthcare Llc who had been investing in Molina Healthcare Inc Com Stk for a number of months, seems to be bullish on the $4.31 billion market cap company. The stock decreased 0.66% or $0.48 during the last trading session, reaching $72.12. About 1.31 million shares traded or 0.45% up from the average. Molina Healthcare, Inc. (NYSE:MOH) has risen 48.61% since February 19, 2017 and is uptrending. It has outperformed by 31.91% the S&P500.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.04, from 1.04 in 2017Q2. It increased, as 43 investors sold MOH shares while 61 reduced holdings. 23 funds opened positions while 89 raised stakes. 58.60 million shares or 8.44% more from 54.04 million shares in 2017Q2 were reported. Rhumbline Advisers invested 0.01% in Molina Healthcare, Inc. (NYSE:MOH). Oregon Employees Retirement Fund holds 0.02% in Molina Healthcare, Inc. (NYSE:MOH) or 15,761 shares. Principal Fincl Group holds 192,315 shares. Jane Street Group Lc invested 0% in Molina Healthcare, Inc. (NYSE:MOH). Ameriprise Fin holds 0.02% or 485,047 shares. Hbk Investments Lp has invested 0.04% in Molina Healthcare, Inc. (NYSE:MOH). Manufacturers Life Insur The has 96,701 shares for 0.01% of their portfolio. Thompson Davis & Com owns 355 shares. California Public Employees Retirement Systems reported 79,204 shares stake. Citigroup stated it has 0% in Molina Healthcare, Inc. (NYSE:MOH). Earnest Prns Lc owns 0.42% invested in Molina Healthcare, Inc. (NYSE:MOH) for 620,278 shares. Sabal Tru Company reported 3,000 shares. Nomura reported 252,373 shares. Deerfield Mgmt Commerce invested in 258,000 shares or 0.8% of the stock. Proshare Advisors Ltd Co stated it has 0% in Molina Healthcare, Inc. (NYSE:MOH).

Sivik Global Healthcare Llc, which manages about $250.21M and $293.92M US Long portfolio, decreased its stake in Mckesson Corp Com Stk (NYSE:MCK) by 5,000 shares to 25,000 shares, valued at $3.84 million in 2017Q3, according to the filing. It also reduced its holding in Biomarin Pharmaceutical Inc Com Stk (NASDAQ:BMRN) by 10,000 shares in the quarter, leaving it with 75,000 shares, and cut its stake in Valeant Pharmaceuticals Intern Com (NYSE:VRX).

Among 21 analysts covering Molina Healthcare (NYSE:MOH), 7 have Buy rating, 3 Sell and 11 Hold. Therefore 33% are positive. Molina Healthcare had 54 analyst reports since July 31, 2015 according to SRatingsIntel. JP Morgan initiated the stock with “Neutral” rating in Wednesday, September 16 report. The stock of Molina Healthcare, Inc. (NYSE:MOH) earned “Underperform” rating by Bank of America on Friday, April 29. The stock of Molina Healthcare, Inc. (NYSE:MOH) earned “Buy” rating by Piper Jaffray on Friday, November 3. Stifel Nicolaus maintained it with “Buy” rating and $64 target in Friday, April 29 report. The stock of Molina Healthcare, Inc. (NYSE:MOH) earned “Hold” rating by Jefferies on Thursday, December 15. Piper Jaffray initiated the shares of MOH in report on Wednesday, January 4 with “Overweight” rating. BMO Capital Markets maintained the stock with “Market Perform” rating in Wednesday, February 14 report. Jefferies maintained the stock with “Hold” rating in Wednesday, June 7 report. Susquehanna maintained the shares of MOH in report on Friday, September 18 with “Positive” rating. The rating was upgraded by Morgan Stanley on Thursday, August 17 to “Overweight”.

Since August 21, 2017, it had 0 insider buys, and 26 sales for $47.75 million activity. Another trade for 15,208 shares valued at $1.00M was sold by MOLINA JOHN C. DENTINO WILLIAM sold 66,000 shares worth $4.28 million. ROMNEY RONNA also sold $16,260 worth of Molina Healthcare, Inc. (NYSE:MOH) on Monday, September 25. $256,931 worth of Molina Healthcare, Inc. (NYSE:MOH) was sold by BAYER TERRY on Friday, January 19. The insider Barlow Jeff D. sold 5,224 shares worth $352,098. On Monday, August 21 Rubino Lisa A sold $324,293 worth of Molina Healthcare, Inc. (NYSE:MOH) or 5,378 shares.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 14 Hold. Therefore 36% are positive. PepsiCo had 67 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Thursday, October 5 with “Sector Perform”. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Hold” rating by BMO Capital Markets on Wednesday, September 6. BMO Capital Markets maintained it with “Buy” rating and $115 target in Thursday, March 23 report. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Buy” rating given on Monday, December 12 by Societe Generale. The firm has “Neutral” rating given on Tuesday, April 19 by Citigroup. The firm has “In-Line” rating by Evercore given on Wednesday, February 14. The company was initiated on Friday, September 16 by Credit Suisse. Jefferies maintained the shares of PEP in report on Monday, September 18 with “Buy” rating. On Thursday, April 14 the stock rating was downgraded by Stifel Nicolaus to “Hold”. RBC Capital Markets maintained it with “Hold” rating and $11500 target in Friday, June 30 report.

Since October 10, 2017, it had 0 insider buys, and 1 sale for $2.37 million activity.

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