As Abiomed (ABMD) Share Price Rose, Holder Clinton Group Has Decreased Stake by $661,080; First National Bank Of Hutchinson Cut Its Stake in Mettler Toledo International (MTD) as Market Valuation Rose

February 18, 2018 - By Jacob Smith

Greg Taxin decreased its stake in Abiomed Inc (ABMD) by 37.04% based on its latest 2017Q3 regulatory filing with the SEC. Clinton Group Inc sold 3,935 shares as the company’s stock rose 15.32% with the market. The hedge fund run by Greg Taxin held 6,688 shares of the health care company at the end of 2017Q3, valued at $1.13 million, down from 10,623 at the end of the previous reported quarter. Clinton Group Inc who had been investing in Abiomed Inc for a number of months, seems to be less bullish one the $11.86B market cap company. The stock increased 2.57% or $6.7 during the last trading session, reaching $267.74. About 512,496 shares traded or 42.79% up from the average. ABIOMED, Inc. (NASDAQ:ABMD) has risen 40.97% since February 18, 2017 and is uptrending. It has outperformed by 24.27% the S&P500.

First National Bank Of Hutchinson decreased its stake in Mettler Toledo International Inc (MTD) by 33.56% based on its latest 2017Q3 regulatory filing with the SEC. First National Bank Of Hutchinson sold 642 shares as the company’s stock rose 19.62% with the market. The institutional investor held 1,271 shares of the capital goods company at the end of 2017Q3, valued at $813,000, down from 1,913 at the end of the previous reported quarter. First National Bank Of Hutchinson who had been investing in Mettler Toledo International Inc for a number of months, seems to be less bullish one the $16.16 billion market cap company. The stock increased 0.38% or $2.4 during the last trading session, reaching $634.37. About 101,997 shares traded. Mettler-Toledo International Inc. (NYSE:MTD) has risen 55.25% since February 18, 2017 and is uptrending. It has outperformed by 38.55% the S&P500.

Among 11 analysts covering Mettler-toledo International Inc. (NYSE:MTD), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Mettler-toledo International Inc. had 27 analyst reports since August 3, 2015 according to SRatingsIntel. Morgan Stanley maintained Mettler-Toledo International Inc. (NYSE:MTD) rating on Friday, November 3. Morgan Stanley has “Equal-Weight” rating and $545 target. The stock of Mettler-Toledo International Inc. (NYSE:MTD) has “Neutral” rating given on Friday, November 3 by Robert W. Baird. The company was maintained on Friday, October 6 by Morgan Stanley. The firm has “Neutral” rating given on Thursday, September 10 by Bank of America. The firm has “Hold” rating by Jefferies given on Friday, October 20. On Thursday, January 4 the stock rating was initiated by Barclays Capital with “Hold”. As per Tuesday, June 20, the company rating was maintained by Jefferies. The rating was downgraded by UBS to “Neutral” on Friday, August 5. Citigroup upgraded the stock to “Buy” rating in Friday, February 9 report. The company was upgraded on Thursday, July 13 by Wells Fargo.

Since August 14, 2017, it had 0 buys, and 5 selling transactions for $5.84 million activity. 750 shares were sold by Magloth Christian, worth $442,500. Another trade for 838 shares valued at $507,535 was sold by Kirk Simon. On Thursday, September 7 the insider SALICE THOMAS P sold $543,790. 5,000 shares were sold by SPOERRY ROBERT F, worth $3.04M. Rauch Waldemar sold $1.31 million worth of stock or 2,203 shares. Caratsch Thomas also sold $882,000 worth of Mettler-Toledo International Inc. (NYSE:MTD) on Tuesday, August 22.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.07, from 0.91 in 2017Q2. It is negative, as 31 investors sold MTD shares while 172 reduced holdings. 47 funds opened positions while 124 raised stakes. 22.26 million shares or 5.12% less from 23.46 million shares in 2017Q2 were reported. 1.81 million were reported by Blackrock. State Of Alaska Department Of Revenue invested 0.08% in Mettler-Toledo International Inc. (NYSE:MTD). Harvey has invested 2.74% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). Price T Rowe Associates Inc Md reported 0.02% in Mettler-Toledo International Inc. (NYSE:MTD). Wetherby Asset Mngmt invested in 0.08% or 858 shares. Voya Mgmt Ltd stated it has 16,365 shares. Moreover, Goldman Sachs Gru Inc has 0.07% invested in Mettler-Toledo International Inc. (NYSE:MTD). Point72 Asset Lp has invested 0.06% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). Guggenheim Cap Ltd Company has 0.1% invested in Mettler-Toledo International Inc. (NYSE:MTD) for 67,228 shares. Utd Cap Fincl Advisers Ltd Liability Corporation accumulated 456 shares. Lombard Odier Asset Management (Switzerland) Sa accumulated 22,074 shares or 1.34% of the stock. Ibm Retirement Fund stated it has 0.04% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). Virginia Retirement Systems Et Al owns 36,700 shares. Janney Montgomery Scott Limited Com reported 0.01% in Mettler-Toledo International Inc. (NYSE:MTD). 629 were reported by Brown Brothers Harriman.

Clinton Group Inc, which manages about $2.04B and $911.14 million US Long portfolio, upped its stake in Toll Brothers Inc (NYSE:TOL) by 48,445 shares to 84,937 shares, valued at $3.52 million in 2017Q3, according to the filing. It also increased its holding in Amerco (NASDAQ:UHAL) by 3,739 shares in the quarter, for a total of 4,578 shares, and has risen its stake in Kla (NASDAQ:KLAC).

Among 14 analysts covering Abiomed (NASDAQ:ABMD), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Abiomed had 33 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, September 21 the stock rating was maintained by Jefferies with “Buy”. Benchmark maintained ABIOMED, Inc. (NASDAQ:ABMD) rating on Tuesday, August 4. Benchmark has “Buy” rating and $96 target. The stock of ABIOMED, Inc. (NASDAQ:ABMD) earned “Buy” rating by Jefferies on Thursday, June 29. On Friday, February 2 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by Leerink Swann on Wednesday, May 4 with “Outperform”. The firm has “Buy” rating given on Friday, February 2 by Guggenheim. The firm has “Buy” rating by Leerink Swann given on Thursday, October 12. The stock of ABIOMED, Inc. (NASDAQ:ABMD) earned “Buy” rating by Jefferies on Thursday, December 21. The stock has “Buy” rating by Jefferies on Tuesday, June 6. The stock of ABIOMED, Inc. (NASDAQ:ABMD) has “Hold” rating given on Tuesday, August 4 by BTIG Research.

Since August 15, 2017, it had 0 insider buys, and 3 insider sales for $5.53 million activity. Another trade for 982 shares valued at $142,554 was made by ROSE ERIC A MD on Wednesday, August 30. On Saturday, September 30 Greenfield Andrew J sold $1.91M worth of ABIOMED, Inc. (NASDAQ:ABMD) or 11,282 shares.

Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.13, from 1.43 in 2017Q2. It is negative, as 27 investors sold ABMD shares while 89 reduced holdings. 55 funds opened positions while 96 raised stakes. 38.51 million shares or 1.21% less from 38.99 million shares in 2017Q2 were reported. Commonwealth Of Pennsylvania Pub School Empls Retrmt accumulated 6,112 shares. State Treasurer State Of Michigan owns 190,800 shares. Allen Inv Management Ltd Com, a New York-based fund reported 21,894 shares. Us State Bank De holds 2,876 shares or 0% of its portfolio. Arizona State Retirement Sys invested in 0.05% or 23,797 shares. Cibc Bank & Trust Usa holds 0.03% or 1,575 shares. Oregon Employees Retirement Fund reported 15,023 shares. 81,155 were reported by Tirschwell Loewy. Jacobs Levy Equity Mngmt Inc owns 20,698 shares or 0.07% of their US portfolio. Maryland-based Brown Advisory has invested 0.01% in ABIOMED, Inc. (NASDAQ:ABMD). Lord Abbett & Co Limited Liability Corp invested in 59,199 shares. Loring Wolcott Coolidge Fiduciary Advisors Limited Liability Partnership Ma has invested 0% in ABIOMED, Inc. (NASDAQ:ABMD). Juncture Wealth Strategies Limited Com invested in 9,774 shares or 0.93% of the stock. Champlain Investment Prtnrs Limited Liability Company accumulated 239,575 shares. Marshall Wace Ltd Liability Partnership holds 8,704 shares.

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 FREE 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:


>