Three Bays Capital LP Has Boosted Medicines Co (MDCO) Stake; Highland Capital Management LP Lowered Ternium Sa (TX) Position

February 18, 2018 - By Adrian Erickson

Three Bays Capital Lp increased Medicines Co (MDCO) stake by 7.72% reported in 2017Q3 SEC filing. Three Bays Capital Lp acquired 113,000 shares as Medicines Co (MDCO)’s stock declined 20.30%. The Three Bays Capital Lp holds 1.58 million shares with $58.39M value, up from 1.46 million last quarter. Medicines Co now has $2.39 billion valuation. The stock increased 2.54% or $0.82 during the last trading session, reaching $33.16. About 1.84M shares traded or 25.92% up from the average. The Medicines Company (NASDAQ:MDCO) has risen 16.70% since February 18, 2017 and is uptrending. It has by 0.00% the S&P500.

Highland Capital Management Lp decreased Ternium Sa (TX) stake by 58% reported in 2017Q3 SEC filing. Highland Capital Management Lp sold 66,700 shares as Ternium Sa (TX)’s stock rose 9.85%. The Highland Capital Management Lp holds 48,300 shares with $1.49M value, down from 115,000 last quarter. Ternium Sa now has $7.20B valuation. The stock increased 1.75% or $0.63 during the last trading session, reaching $36.67. About 430,351 shares traded or 16.19% up from the average. Ternium S.A. (NYSE:TX) has risen 39.67% since February 18, 2017 and is uptrending. It has outperformed by 22.97% the S&P500.

Since December 7, 2017, it had 1 buy, and 1 insider sale for $1.60 million activity. 136,250 shares valued at $3.71 million were sold by MEANWELL CLIVE on Friday, December 15. ESHELMAN FREDRIC N had bought 200,000 shares worth $5.31 million.

Investors sentiment decreased to 0.78 in Q3 2017. Its down 0.44, from 1.22 in 2017Q2. It worsened, as 32 investors sold MDCO shares while 64 reduced holdings. 19 funds opened positions while 56 raised stakes. 85.15 million shares or 1.36% less from 86.33 million shares in 2017Q2 were reported. Sg Americas Securities Lc stated it has 5,340 shares. Qs Investors Lc holds 0% or 1,511 shares in its portfolio. Stoneridge Inv Prtnrs Ltd Llc holds 0.15% in The Medicines Company (NASDAQ:MDCO) or 25,351 shares. Bancorporation Of Montreal Can holds 0% in The Medicines Company (NASDAQ:MDCO) or 3,186 shares. Profund Advsr Ltd Liability Co holds 0.02% or 13,204 shares in its portfolio. State Of Wisconsin Inv Board holds 0.01% or 52,000 shares. Comerica Bank reported 67,837 shares. Moreover, First Eagle Investment Ltd Liability has 0.04% invested in The Medicines Company (NASDAQ:MDCO) for 465,863 shares. Group One Trading LP has 0.03% invested in The Medicines Company (NASDAQ:MDCO) for 99,141 shares. Alphaone Inv Llc reported 0.01% stake. Alliancebernstein LP has invested 0.04% in The Medicines Company (NASDAQ:MDCO). Us Natl Bank De holds 3,233 shares or 0% of its portfolio. California State Teachers Retirement Sys owns 0.01% invested in The Medicines Company (NASDAQ:MDCO) for 110,468 shares. Susquehanna Gp Llp holds 231,248 shares or 0% of its portfolio. The Germany-based Deutsche Bancshares Ag has invested 0.01% in The Medicines Company (NASDAQ:MDCO).

Among 11 analysts covering The Medicines Co (NASDAQ:MDCO), 11 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. The Medicines Co had 35 analyst reports since August 28, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Buy” on Monday, January 15. On Wednesday, August 30 the stock rating was maintained by Chardan Capital Markets with “Buy”. The firm has “Buy” rating by Chardan Capital Markets given on Wednesday, November 4. On Monday, July 17 the stock rating was maintained by Citigroup with “Neutral”. Citigroup upgraded it to “Buy” rating and $40.0 target in Monday, January 22 report. The company was maintained on Wednesday, November 16 by RBC Capital Markets. RBC Capital Markets maintained it with “Outperform” rating and $45 target in Tuesday, November 8 report. The firm has “Buy” rating given on Monday, October 23 by Guggenheim. Jefferies maintained The Medicines Company (NASDAQ:MDCO) on Monday, June 26 with “Buy” rating. Jefferies upgraded the stock to “Hold” rating in Friday, August 28 report.

Highland Capital Management Lp increased Tractor Supply Co (NASDAQ:TSCO) stake by 9,395 shares to 27,845 valued at $1.76 million in 2017Q3. It also upped Lhc Group Inc (NASDAQ:LHCG) stake by 23,100 shares and now owns 72,025 shares. Parexel Intl Corp (NASDAQ:PRXL) was raised too.

Among 7 analysts covering Ternium (NYSE:TX), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Ternium had 13 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Monday, December 7 by Morgan Stanley. The company was initiated on Friday, May 13 by HSBC. On Thursday, February 8 the stock rating was maintained by Scotia Capital with “Buy”. As per Monday, May 9, the company rating was downgraded by Morgan Stanley. The firm has “Hold” rating given on Wednesday, November 9 by HSBC. The rating was initiated by Goldman Sachs on Monday, August 10 with “Buy”. The rating was upgraded by Morgan Stanley on Wednesday, December 6 to “Overweight”. Citigroup upgraded Ternium S.A. (NYSE:TX) on Wednesday, February 24 to “Buy” rating.

Analysts await Ternium S.A. (NYSE:TX) to report earnings on February, 20. They expect $0.57 EPS, down 5.00% or $0.03 from last year’s $0.6 per share. TX’s profit will be $111.90 million for 16.08 P/E if the $0.57 EPS becomes a reality. After $0.99 actual EPS reported by Ternium S.A. for the previous quarter, Wall Street now forecasts -42.42% negative EPS growth.

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