Amicus Therapeutics (FOLD) Stock Rose While Sphera Funds Management LTD Lifted Its Holding; First Pacific Advisors Has Upped Te Connectivity LTD (TEL) Stake by $3.97 Million

May 16, 2018 - By Hazel Jackson

TE Connectivity Ltd. (NYSE:TEL) Logo

Robert Rodriguez increased its stake in Te Connectivity Ltd (TEL) by 0.74% based on its latest 2017Q4 regulatory filing with the SEC. First Pacific Advisors Llc bought 41,800 shares as the company’s stock rose 3.00% while stock markets declined. The hedge fund run by Robert Rodriguez held 5.72M shares of the electronic components company at the end of 2017Q4, valued at $544.04M, up from 5.68M at the end of the previous reported quarter. First Pacific Advisors Llc who had been investing in Te Connectivity Ltd for a number of months, seems to be bullish on the $33.50B market cap company. The stock increased 0.83% or $0.79 during the last trading session, reaching $95.67. About 292,276 shares traded. TE Connectivity Ltd. (NYSE:TEL) has risen 31.35% since May 16, 2017 and is uptrending. It has outperformed by 19.80% the S&P500.

Sphera Funds Management Ltd increased its stake in Amicus Therapeutics Inc (FOLD) by 161.9% based on its latest 2017Q4 regulatory filing with the SEC. Sphera Funds Management Ltd bought 680,000 shares as the company’s stock rose 0.85% while stock markets declined. The institutional investor held 1.10 million shares of the health care company at the end of 2017Q4, valued at $15.83M, up from 420,000 at the end of the previous reported quarter. Sphera Funds Management Ltd who had been investing in Amicus Therapeutics Inc for a number of months, seems to be bullish on the $2.94 billion market cap company. The stock increased 6.04% or $0.8882 during the last trading session, reaching $15.5982. About 1.52 million shares traded. Amicus Therapeutics, Inc. (NASDAQ:FOLD) has risen 90.40% since May 16, 2017 and is uptrending. It has outperformed by 78.85% the S&P500.

First Pacific Advisors Llc, which manages about $28.26B and $13.37B US Long portfolio, decreased its stake in Twenty First Centy Fox Inc Cl (NASDAQ:FOXA) by 188,000 shares to 15,000 shares, valued at $518,000 in 2017Q4, according to the filing. It also reduced its holding in Foot Locker Inc (NYSE:FL) by 242,453 shares in the quarter, leaving it with 94,195 shares, and cut its stake in Cvs Health Corporation (NYSE:CVS).

Among 13 analysts covering TE Connectivity (NYSE:TEL), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. TE Connectivity had 49 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, April 17 by Robert W. Baird. The firm earned “Overweight” rating on Thursday, November 2 by Morgan Stanley. The firm earned “Buy” rating on Thursday, October 12 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, January 18 by Stifel Nicolaus. The company was maintained on Thursday, January 25 by Wells Fargo. The firm earned “Neutral” rating on Wednesday, April 18 by Goldman Sachs. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, October 29. The rating was maintained by RBC Capital Markets on Friday, July 1 with “Outperform”. Goldman Sachs reinitiated it with “Buy” rating and $71 target in Friday, September 18 report. The company was downgraded on Wednesday, March 2 by Berenberg.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.02, from 1 in 2017Q3. It improved, as 34 investors sold TEL shares while 210 reduced holdings. 83 funds opened positions while 167 raised stakes. 303.06 million shares or 2.83% less from 311.89 million shares in 2017Q3 were reported. Moreover, Smithfield has 0.07% invested in TE Connectivity Ltd. (NYSE:TEL) for 5,635 shares. Brandywine Limited Liability Com accumulated 262 shares. Neuberger Berman Grp Ltd Liability Corp reported 0.11% in TE Connectivity Ltd. (NYSE:TEL). Price T Rowe Assoc Inc Md invested in 8.22M shares or 0.13% of the stock. Royal Commercial Bank Of Canada has 0.02% invested in TE Connectivity Ltd. (NYSE:TEL) for 463,291 shares. Meiji Yasuda Asset Ltd invested 0.11% in TE Connectivity Ltd. (NYSE:TEL). Advisor Prtn Ltd Llc invested in 0.14% or 7,770 shares. Advisory Networks Ltd Llc reported 0.02% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Comerica Retail Bank holds 0.18% or 257,516 shares. Schwartz Counsel Inc owns 27,000 shares for 0.15% of their portfolio. Saturna Cap owns 3,501 shares. Winslow Evans And Crocker invested 0.17% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). Canada Pension Plan Board accumulated 26 shares. Cove Street Capital Ltd has 50,616 shares. Sigma Investment Counselors stated it has 2,209 shares.

Since January 29, 2018, it had 0 insider buys, and 5 insider sales for $35.35 million activity. $1.10M worth of stock was sold by MERKT STEVEN T on Wednesday, February 21. 36,550 shares valued at $3.78M were sold by Jenkins John S on Thursday, February 1. 142,450 shares were sold by CURTIN TERRENCE R, worth $14.85M.

Investors sentiment decreased to 1.21 in 2017 Q4. Its down 1.12, from 2.33 in 2017Q3. It worsened, as 25 investors sold FOLD shares while 48 reduced holdings. 25 funds opened positions while 63 raised stakes. 197.59 million shares or 2.54% more from 192.70 million shares in 2017Q3 were reported. Amalgamated Fincl Bank reported 22,766 shares. Redmile Limited Liability Corporation reported 6.29% of its portfolio in Amicus Therapeutics, Inc. (NASDAQ:FOLD). Strs Ohio has invested 0% of its portfolio in Amicus Therapeutics, Inc. (NASDAQ:FOLD). American Century Cos owns 100,207 shares. Teachers Retirement Of The State Of Kentucky has invested 0.01% in Amicus Therapeutics, Inc. (NASDAQ:FOLD). Massmutual Fsb Adv has invested 0.03% in Amicus Therapeutics, Inc. (NASDAQ:FOLD). Legal & General Grp Inc Public Ltd Com invested in 0% or 69,951 shares. Jgp Global Gestao De Recursos Ltda reported 34,149 shares. The Switzerland-based Credit Suisse Ag has invested 0.01% in Amicus Therapeutics, Inc. (NASDAQ:FOLD). Numeric Invsts Ltd Liability Corporation accumulated 0.02% or 192,431 shares. Ubs Asset Americas stated it has 104,945 shares or 0% of all its holdings. Moreover, Art Limited Liability Corp has 0.03% invested in Amicus Therapeutics, Inc. (NASDAQ:FOLD) for 44,000 shares. Employees Retirement Association Of Colorado holds 27,732 shares or 0% of its portfolio. Principal Grp Inc Inc Inc holds 0% of its portfolio in Amicus Therapeutics, Inc. (NASDAQ:FOLD) for 125,621 shares. British Columbia – Canada-based Pacad Inv Ltd has invested 0.01% in Amicus Therapeutics, Inc. (NASDAQ:FOLD).

Sphera Funds Management Ltd, which manages about $852.23M US Long portfolio, decreased its stake in Orbotech Ltd (NASDAQ:ORBK) by 131,755 shares to 43,488 shares, valued at $2.19 million in 2017Q4, according to the filing. It also reduced its holding in Macrogenics Inc (NASDAQ:MGNX) by 70,000 shares in the quarter, leaving it with 138,700 shares, and cut its stake in Comcast Corp New (NASDAQ:CMCSA).

Among 9 analysts covering Amicus Therapeutics (NASDAQ:FOLD), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Amicus Therapeutics had 22 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was downgraded by Chardan Capital Markets to “Neutral” on Wednesday, September 16. The company was upgraded on Monday, October 5 by Chardan Capital Markets. The rating was maintained by Cowen & Co with “Buy” on Tuesday, July 11. The stock of Amicus Therapeutics, Inc. (NASDAQ:FOLD) earned “Buy” rating by Bank of America on Wednesday, May 18. The firm has “Buy” rating by Leerink Swann given on Monday, August 31. The company was maintained on Monday, August 7 by Cowen & Co. Leerink Swann maintained the stock with “Outperform” rating in Thursday, February 8 report. The rating was upgraded by Robert W. Baird to “Outperform” on Tuesday, January 24. On Tuesday, March 8 the stock rating was upgraded by Janney Capital to “Buy”. As per Thursday, April 14, the company rating was initiated by Robert W. Baird.

Since December 11, 2017, it had 3 insider purchases, and 17 sales for $3.94 million activity. Shares for $114,537 were sold by Quimi Daphne. Another trade for 100,000 shares valued at $1.39M was bought by PERCEPTIVE ADVISORS LLC. Another trade for 5,000 shares valued at $73,602 was sold by Barth Jay. The insider Andrews Kurt J. sold $147,191. Crowley John F sold $164,973 worth of Amicus Therapeutics, Inc. (NASDAQ:FOLD) on Monday, December 11. Another trade for 9,366 shares valued at $140,490 was made by RAAB MICHAEL on Tuesday, January 2.

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