West Family Investments Has Upped Its Stake in Conocophillips (COP) by $375,300; Baupost Group Cut Express Scripts Hldg Co (ESRX) Stake as Valuation Declined

May 22, 2018 - By Michael Collier

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West Family Investments Inc increased its stake in Conocophillips (COP) by 2780% based on its latest 2017Q4 regulatory filing with the SEC. West Family Investments Inc bought 6,950 shares as the company’s stock rose 6.56% while stock markets declined. The institutional investor held 7,200 shares of the integrated oil company at the end of 2017Q4, valued at $395,000, up from 250 at the end of the previous reported quarter. West Family Investments Inc who had been investing in Conocophillips for a number of months, seems to be bullish on the $83.59 billion market cap company. The stock increased 1.10% or $0.78 during the last trading session, reaching $71.44. About 3.18 million shares traded. ConocoPhillips (NYSE:COP) has risen 33.53% since May 22, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Seth Klarman decreased its stake in Express Scripts Hldg Co (ESRX) by 9.79% based on its latest 2017Q4 regulatory filing with the SEC. Baupost Group Llc sold 250,435 shares as the company’s stock declined 5.58% with the market. The hedge fund run by Seth Klarman held 2.31 million shares of the medical and nursing services company at the end of 2017Q4, valued at $172.15 million, down from 2.56 million at the end of the previous reported quarter. Baupost Group Llc who had been investing in Express Scripts Hldg Co for a number of months, seems to be less bullish one the $43.87 billion market cap company. The stock increased 2.06% or $1.58 during the last trading session, reaching $78.1. About 2.38M shares traded. Express Scripts Holding Company (NASDAQ:ESRX) has risen 8.93% since May 22, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.

More news for Express Scripts Holding Company (NASDAQ:ESRX) were recently published by: Streetinsider.com, which released: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” on May 15, 2018. Seekingalpha.com‘s article titled: “Tracking Glenn Greenberg’s Brave Warrior Advisors Portfolio – Q1 2018 Update” and published on May 18, 2018 is yet another important article.

Baupost Group Llc, which manages about $29.88B and $10.11B US Long portfolio, upped its stake in Twenty First Centy Fox Inc (NASDAQ:FOX) by 3.15 million shares to 10.53 million shares, valued at $359.33M in 2017Q4, according to the filing. It also increased its holding in Pioneer Nat Res Co (NYSE:PXD) by 1.97M shares in the quarter, for a total of 2.00 million shares, and has risen its stake in Qorvo Inc.

Investors sentiment increased to 0.69 in 2017 Q4. Its up 0.07, from 0.62 in 2017Q3. It is positive, as 68 investors sold ESRX shares while 407 reduced holdings. 111 funds opened positions while 216 raised stakes. 479.40 million shares or 1.52% less from 486.80 million shares in 2017Q3 were reported. Sns Group Ltd Limited Liability Company holds 0.07% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX) for 4,080 shares. 190,635 were accumulated by Korea Invest. New York-based Jefferies Grp Incorporated Ltd Liability has invested 0% in Express Scripts Holding Company (NASDAQ:ESRX). Private Trust Communication Na stated it has 7,742 shares. Kbc Gp Nv holds 0.28% in Express Scripts Holding Company (NASDAQ:ESRX) or 443,242 shares. Balyasny Asset Management Limited Com owns 582,873 shares. Hills Bancorp & owns 30,791 shares. Alpha Windward Limited Liability holds 2,981 shares or 0.13% of its portfolio. First Republic Management Inc has 0.02% invested in Express Scripts Holding Company (NASDAQ:ESRX) for 39,667 shares. 48,336 were reported by Whitnell & Company. Sumitomo Mitsui accumulated 1.92 million shares. Reilly Financial Advsrs holds 0% in Express Scripts Holding Company (NASDAQ:ESRX) or 106 shares. Moreover, Sky Inv Gp Ltd Liability Corporation has 0.72% invested in Express Scripts Holding Company (NASDAQ:ESRX) for 24,563 shares. Amer Beacon Inc has invested 2.2% in Express Scripts Holding Company (NASDAQ:ESRX). 370 are held by Arcadia Management Corp Mi.

Among 25 analysts covering Express Scripts (NASDAQ:ESRX), 8 have Buy rating, 3 Sell and 14 Hold. Therefore 32% are positive. Express Scripts had 69 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Hold” on Wednesday, July 26. Jefferies maintained the shares of ESRX in report on Friday, May 26 with “Buy” rating. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Market Perform” rating given on Monday, March 12 by Bernstein. On Thursday, February 18 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of Express Scripts Holding Company (NASDAQ:ESRX) earned “Underperform” rating by Bernstein on Thursday, June 16. The firm has “Neutral” rating by UBS given on Thursday, October 6. As per Tuesday, June 7, the company rating was maintained by Bank of America. On Tuesday, January 30 the stock rating was downgraded by Bernstein to “Sell”. The firm has “Sell” rating given on Friday, December 15 by Raymond James. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, October 25.

Analysts await Express Scripts Holding Company (NASDAQ:ESRX) to report earnings on July, 24. They expect $2.24 earnings per share, up 29.48% or $0.51 from last year’s $1.73 per share. ESRX’s profit will be $1.26B for 8.72 P/E if the $2.24 EPS becomes a reality. After $1.77 actual earnings per share reported by Express Scripts Holding Company for the previous quarter, Wall Street now forecasts 26.55% EPS growth.

Among 26 analysts covering ConocoPhillips (NYSE:COP), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. ConocoPhillips had 101 analyst reports since August 4, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, September 7 by Jefferies. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, September 28. The company was maintained on Wednesday, December 20 by Jefferies. As per Thursday, May 11, the company rating was downgraded by Bank of America. The firm has “Strong-Buy” rating given on Monday, August 31 by Vetr. The firm has “Market Perform” rating by Bernstein given on Thursday, July 6. Cowen & Co upgraded the stock to “Outperform” rating in Monday, December 12 report. The company was maintained on Tuesday, August 29 by Jefferies. The stock of ConocoPhillips (NYSE:COP) earned “Buy” rating by Citigroup on Friday, April 29. The stock of ConocoPhillips (NYSE:COP) has “Outperform” rating given on Monday, October 31 by RBC Capital Markets.

More notable recent ConocoPhillips (NYSE:COP) news were published by: Seekingalpha.com which released: “Conoco seizes PDVSA refinery products” on May 14, 2018, also Seekingalpha.com with their article: “Conoco’s attachment orders partly lifted in Curacao, Bonaire” published on May 21, 2018, Seekingalpha.com published: “ConocoPhillips Seems Overbought Now” on May 07, 2018. More interesting news about ConocoPhillips (NYSE:COP) were released by: 247Wallst.com and their article: “Exxon, Chevron Earnings on Deck Friday Morning” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “ConocoPhillips: Avoiding Traffic Jams” with publication date: May 18, 2018.

Since March 29, 2018, it had 0 buys, and 5 sales for $16.98 million activity. Freeman Jody also sold $243,586 worth of ConocoPhillips (NYSE:COP) on Monday, April 30. The insider LUNDQUIST ANDREW D sold $1.47M.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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