As Astrazeneca Plc (AZN) Share Price Rose, Nwq Investment Management Company Has Increased Holding; Western Digital (WDC) Share Price Rose While Sprott Has Increased Holding by $3.16 Million

May 15, 2018 - By Adrian Mccoy

AstraZeneca PLC (NYSE:AZN) Logo

Nwq Investment Management Company Llc increased its stake in Astrazeneca Plc (AZN) by 3.05% based on its latest 2017Q4 regulatory filing with the SEC. Nwq Investment Management Company Llc bought 17,624 shares as the company’s stock rose 3.15% while stock markets declined. The institutional investor held 595,499 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $20.66M, up from 577,875 at the end of the previous reported quarter. Nwq Investment Management Company Llc who had been investing in Astrazeneca Plc for a number of months, seems to be bullish on the $90.69B market cap company. The stock increased 0.05% or $0.02 during the last trading session, reaching $36.42. About 3.36 million shares traded. AstraZeneca PLC (NYSE:AZN) has risen 9.03% since May 15, 2017 and is uptrending. It has underperformed by 2.52% the S&P500.

Eric Sprott increased its stake in Western Digital Corp (WDC) by 36.87% based on its latest 2017Q4 regulatory filing with the SEC. Sprott Inc bought 40,000 shares as the company’s stock rose 14.25% while stock markets declined. The hedge fund run by Eric Sprott held 148,500 shares of the electronic components company at the end of 2017Q4, valued at $11.81 million, up from 108,500 at the end of the previous reported quarter. Sprott Inc who had been investing in Western Digital Corp for a number of months, seems to be bullish on the $24.28 billion market cap company. The stock increased 2.94% or $2.32 during the last trading session, reaching $81.12. About 5.32 million shares traded or 38.44% up from the average. Western Digital Corporation (NASDAQ:WDC) has risen 17.32% since May 15, 2017 and is uptrending. It has outperformed by 5.77% the S&P500.

Among 26 analysts covering AstraZeneca plc (ADR) (NYSE:AZN), 17 have Buy rating, 0 Sell and 9 Hold. Therefore 65% are positive. AstraZeneca plc (ADR) had 45 analyst reports since July 31, 2015 according to SRatingsIntel. On Friday, November 25 the stock rating was upgraded by Liberum Capital to “Buy”. J.P. Morgan upgraded AstraZeneca PLC (NYSE:AZN) on Friday, December 29 to “Buy” rating. As per Tuesday, October 20, the company rating was downgraded by Credit Suisse. The rating was maintained by Citigroup on Wednesday, October 18 with “Buy”. The firm has “Hold” rating by Cowen & Co given on Thursday, July 27. The stock has “Buy” rating by Deutsche Bank on Monday, September 14. Barclays Capital upgraded the stock to “Equal-Weight” rating in Tuesday, January 19 report. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Friday, July 28 report. The stock has “Hold” rating by Nordea on Monday, November 2. Leerink Swann maintained AstraZeneca PLC (NYSE:AZN) on Monday, May 2 with “Market Perform” rating.

Nwq Investment Management Company Llc, which manages about $13.77 billion and $7.70 billion US Long portfolio, decreased its stake in Landec Corp (NASDAQ:LNDC) by 78,635 shares to 3.70M shares, valued at $46.63M in 2017Q4, according to the filing. It also reduced its holding in Newfield Expl Co (NYSE:NFX) by 205,074 shares in the quarter, leaving it with 1.84 million shares, and cut its stake in Medequities Rlty Tr Inc.

More important recent AstraZeneca PLC (NYSE:AZN) news were published by: Benzinga.com which released: “The Week Ahead: Coindesk Conference, Walmart And Retailers Close Out Earnings Season” on May 14, 2018, also Seekingalpha.com published article titled: “Week In Review: $3.4 Billion Week For China Life Science Deals”, Benzinga.com published: “AstraZeneca Shares Are Looking Very Weak Right Now” on April 20, 2018. More interesting news about AstraZeneca PLC (NYSE:AZN) was released by: Streetinsider.com and their article: “BMO Capital Remains Bullish on AstraZeneca (AZN) Citing Growth Potential in Oncology” with publication date: May 11, 2018.

Investors sentiment decreased to 1.07 in Q4 2017. Its down 0.05, from 1.12 in 2017Q3. It fall, as 68 investors sold WDC shares while 219 reduced holdings. 82 funds opened positions while 224 raised stakes. 243.21 million shares or 1.21% more from 240.32 million shares in 2017Q3 were reported. Neuberger Berman Grp Limited Liability accumulated 2.88 million shares. Oppenheimer Asset Management Inc has invested 0.05% in Western Digital Corporation (NASDAQ:WDC). Saturna Capital invested in 4,000 shares. Schroder Investment Mngmt Grp Incorporated, Maine-based fund reported 1.12 million shares. Nine Masts Ltd owns 1,200 shares. Envestnet Asset Inc owns 83,042 shares. Legg Mason Asset Mgmt (Japan) Limited holds 0.34% or 7,100 shares in its portfolio. Private Advisor Grp Incorporated Ltd Liability Corporation reported 5,988 shares or 0.02% of all its holdings. North Star Invest reported 1,000 shares. Ftb Inc has 188 shares for 0% of their portfolio. Clinton Grp Inc invested 0.75% in Western Digital Corporation (NASDAQ:WDC). Summit Securities Lc has invested 0.3% in Western Digital Corporation (NASDAQ:WDC). Cetera Advisor owns 4,759 shares for 0.02% of their portfolio. Amica Mutual Insurance Co owns 13,556 shares. Moreover, Clear Harbor Asset Mngmt has 2.65% invested in Western Digital Corporation (NASDAQ:WDC).

Sprott Inc, which manages about $3.27 billion and $342.60M US Long portfolio, decreased its stake in Gamestop Corp New (NYSE:GME) by 110,000 shares to 335,000 shares, valued at $6.01 million in 2017Q4, according to the filing. It also reduced its holding in Kirkland Lake Gold Ltd by 105,832 shares in the quarter, leaving it with 173,697 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Among 37 analysts covering Western Digital (NASDAQ:WDC), 26 have Buy rating, 1 Sell and 10 Hold. Therefore 70% are positive. Western Digital had 172 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Western Digital Corporation (NASDAQ:WDC) has “Buy” rating given on Thursday, July 30 by Benchmark. Maxim Group maintained Western Digital Corporation (NASDAQ:WDC) on Thursday, January 26 with “Buy” rating. The company was maintained on Thursday, September 8 by Mizuho. The rating was upgraded by CLSA to “Underperform” on Thursday, July 30. Guggenheim initiated Western Digital Corporation (NASDAQ:WDC) rating on Wednesday, January 4. Guggenheim has “Buy” rating and $100 target. As per Friday, October 27, the company rating was maintained by Citigroup. Morgan Stanley downgraded Western Digital Corporation (NASDAQ:WDC) on Thursday, July 23 to “Equal-Weight” rating. Mizuho maintained Western Digital Corporation (NASDAQ:WDC) on Thursday, October 27 with “Buy” rating. The stock of Western Digital Corporation (NASDAQ:WDC) earned “Buy” rating by Jefferies on Wednesday, August 17. Jefferies maintained Western Digital Corporation (NASDAQ:WDC) on Tuesday, July 4 with “Hold” rating.

Since January 29, 2018, it had 0 insider buys, and 12 insider sales for $24.43 million activity. The insider MILLIGAN STEPHEN D sold $1.39M. RAY MICHAEL CHARLES sold $336,143 worth of stock or 4,386 shares. Sivaram Srinivasan also sold $942,109 worth of Western Digital Corporation (NASDAQ:WDC) on Friday, February 16.

More important recent Western Digital Corporation (NASDAQ:WDC) news were published by: Investorplace.com which released: “3 Stocks to Buy Before They Break Out” on May 14, 2018, also Benzinga.com published article titled: “36 Stocks Moving In Monday’s Mid-Day Session”, Fool.com published: “Why Seagate Technology Plc. Stock Crashed Today” on May 01, 2018. More interesting news about Western Digital Corporation (NASDAQ:WDC) was released by: Fool.com and their article: “Why Shares of Western Digital Corporation Fell 14.6% in April” with publication date: May 11, 2018.

Western Digital Corporation (NASDAQ:WDC) Institutional Positions Chart

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