Amgen (NASDAQ:AMGN) Given a $192.00 Price Target by Mizuho Analysts

Pat Wise
January 14, 2018

Wellington Management Group Llp decreased its stake in Rio Tinto Plc (RIO) by 20.04% based on its latest 2017Q3 regulatory filing with the SEC. Ntv Asset Management Llc acquired 1,900 shares as Amgen Inc (AMGN)'s stock declined 9.68%. The institutional investor held 4,346 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $810,000, down from 44,132 at the end of the previous reported quarter. Verity Asset Management Inc who had been investing in Amgen Common for a number of months, seems to be less bullish one the $134.32 billion market cap company. In the last quarter, insiders sold 7,050 shares of company stock valued at $1,225,765.

Amgen Inc. (NASDAQ:AMGN) last session's volume of 2.1 million shares was lower than its average volume of 2.74 million shares. Amgen Inc. (NASDAQ:AMGN) has risen 5.27% since January 11, 2017 and is uptrending. It has underperformed by 34.90% the S&P500.

South Dakota Investment Council increased Mednax Inc (MD) stake by 56.3% reported in 2017Q3 SEC filing. Covenant Asset Management LLC now owns 2,224 shares of the medical research company's stock worth $387,000 after purchasing an additional 341 shares during the period. The company has market cap of $227.02 million. Renaissance Tech Limited Liability reported 1.44 million shares.

Shares of Amgen (NASDAQ AMGN) opened at $185.04 on Tuesday. It has outperformed by 39.22% the S&P500.

Madison Investment Holdings Inc, which manages about $5.59 billion US Long portfolio, upped its stake in Liberty Global Plc (NASDAQ:LBTYK) by 12,561 shares to 1.45M shares, valued at $47.44 million in 2017Q3, according to the filing. Wall Street is only getting more bullish on the stock, with 11 of analysts who cover AMGN having a buy-equivalent rating.

Several other equities research analysts also recently issued reports on AMGN. Therefore 14% are positive. As per Thursday, October 26, the company rating was maintained by Morgan Stanley. Goldman Sachs maintained Apple Inc. The firm has "Outperform" rating given on Friday, July 31 by RBC Capital Markets. UBS maintained the shares of AMGN in report on Wednesday, July 26 with "Neutral" rating. The stock has "Hold" rating by Bernstein on Wednesday, June 7.

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Investors sentiment decreased to 2.28 in Q3 2017. Its up 0.66, from 1.41 in 2017Q2.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $132.47B. 6 funds opened positions while 25 raised stakes. Smith Moore And holds 2,344 shares or 0.12% of its portfolio. Welch Gp Llc owns 20,560 shares. Partnervest Advisory Services Lc reported 0.32% stake. Nomura Hldg holds 0.24% or 728,671 shares in its portfolio. Architects holds 70 shares. The Quinn Opportunity Partners Llc holds 8,500 shares with $829,000 value, down from 13,000 last quarter. Bradley Foster & Sargent Incorporated Ct accumulated 7,582 shares or 0.05% of the stock. Merriman Wealth Management Llc owns 147,189 shares or 6.52% of their U.S. portfolio. Ameritas Prtnrs reported 4,386 shares or 0% of all its holdings. First Quadrant LP Ca reported 991,207 shares. New York-based Tiaa Cref Investment Mgmt Ltd has invested 0% in MutualFirst Financial, Inc. 484,996 were reported by Mufg Americas. Citadel Advsr Limited Liability Co, Illinois-based fund reported 23,267 shares. Investors of record on Wednesday, February 15th will be paid a $1.15 dividend. It also upped American Eagle Outfitters (NYSE:AEO) stake by 101,250 shares and now owns 126,250 shares.

Since October 9, 2017, it had 0 buys, and 2 selling transactions for $553,240 activity. On Tuesday, October 3 the insider SCHILLER PHILIP W sold $8.79 million. Tiaa Cref Mngmt Ltd Co invested in 3.33M shares or 0.42% of the stock. Deutsche Bank downgraded the shares of AIG in report on Monday, March 13 to "Sell" rating. Shares for $1.01M were sold by KONDO CHRIS on Tuesday, August 15. (NASDAQ:AMGN) on Friday, September 22 with "Hold" rating.

In other news, EVP Sean E. Harper sold 1,525 shares of the business's stock in a transaction on Tuesday, December 12th.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.16, from 1.15 in 2017Q2. Omnia Family Wealth LLC now owns 729 shares of the medical research company's stock valued at $125,000 after purchasing an additional 147 shares during the last quarter. (NASDAQ:AMGN) or 4,584 shares. Cardinal Cap Mngmt has invested 0.07% in Amgen Inc. The company was initiated on Tuesday, December 13 by Oppenheimer. (NASDAQ:AMGN). Leavell Invest Mgmt owns 12,646 shares. Williams Jones & Assocs Limited holds 68,277 shares or 0.31% of its portfolio. Andra Ap has 0.17% invested in Amgen Inc. (NYSE:BRO). Profund Advsrs Ltd Limited Liability Company holds 0.03% of its portfolio in Brown & Brown, Inc. (NASDAQ:AMGN). 27,558 were reported by Highland Capital Ltd Co. Moreover, Caisse De Depot Et Placement Du Quebec has 0.15% invested in Amgen Inc. Leuthold Group Inc Lc invested in 33,954 shares. (NASDAQ:AMGN). Valley Natl Advisers accumulated 13,198 shares. D E Shaw And Com has 1.64 million shares. American International Group, Inc. Waverton Investment Management Ltd now owns 12,504 shares of the medical research company's stock valued at $1,902,000 after buying an additional 510 shares during the period. Amgen's quarterly revenue was down.7% compared to the same quarter last year. equities research analysts expect that Amgen will post 12.71 EPS for the current year. (NASDAQ:AMGN), 11 have Buy rating, 0 Sell and 13 Hold. Therefore 100% are positive. AMGN was included in 74 notes of analysts from August 3, 2015. Oppenheimer maintained the stock with "Buy" rating in Friday, July 28 report. As per Thursday, February 25, the company rating was initiated by Citigroup.

The stock of 2U, Inc. Morgan Stanley has "Overweight" rating and $193 target. The rating was maintained by Cantor Fitzgerald on Sunday, June 4 with "Buy". Oppenheimer maintained the stock with "Buy" rating in Friday, July 28 report. The stock has "Buy" rating by Vetr on Friday, August 21. Oppenheimer has "Buy" rating and $203.0 target.

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