Edge Wealth Management LLC Holds Stake in Shire Plc (SHPG)

Jeannie Matthews
April 16, 2018

Murphy Capital Management Inc bought 2,553 shares as the company's stock declined 17.82% with the market. The hedge fund run by James Dinan held 464,709 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $72.09 million, down from 518,196 at the end of the previous reported quarter. The stock has performed 20.35% around last thirty days, and changed 5.79% over the last three months. SHPG has 1.54M volume or 12.88% up from normal.

The stock of Shire Plc - American Depositary Shares Each Repre (NASDAQ:SHPG) registered a decrease of 34.78% in short interest. Commerzbank Aktiengesellschaft FI now owns 2,073 shares of the biopharmaceutical company's stock worth $322,000 after acquiring an additional 375 shares during the last quarter. About 19.18M shares traded. (NYSE:JPM) has risen 23.99% since April 15, 2017 and is uptrending. It has outperformed by 80.37% the S&P500.

SHPG's total short interest was 2.42 million shares in April as published by FINRA. Also, the number of active investment managers holding Neurocrine Biosciences Inc in top ten stock positions was flat from 6 to 6 for the same number. Out of 2 Wall Street analysts rating Neurocrine Biosci, 1 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". Therefore 77% are positive. JPMorgan Chase & Co had 114 analyst reports since July 21, 2015 according to SRatingsIntel. Shore Capital reaffirmed a "buy" rating on shares of Shire in a research note on Monday, January 15th. The stock has "Overweight" rating by Morgan Stanley on Friday, June 3. Bank of America has "Buy" rating and $237 target. The stock of JPMorgan Chase & Co. (NASDAQ:FB) rating on Thursday, July 27. On Wednesday, March 28 Bank of America maintained Shire plc (NASDAQ:SHPG) with "Buy" rating. (NYSE:T) earned "Buy" rating by Citigroup on Friday, November 10. Piper Jaffray maintained the shares of SHPG in report on Friday, September 29 with "Hold" rating.

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Since February 16, 2018, it had 0 buys, and 3 selling transactions for $780,751 activity. The company's outstanding shares are 202.05 Million.

Investors sentiment increased to 1.21 in 2017 Q4. Its down 0.26, from 1.17 in 2017Q3. It improved, as 57 investors sold FB shares while 621 reduced holdings. (NYSE:JPM). South Dakota Investment Council has 603,734 shares for 1.43% of their portfolio. The stock has been moved at 4.24% over the last six months and -6.91% throughout last twelve months. Wedge Cap Mngmt L Limited Partnership Nc holds 0% or 6,313 shares. 15,146 are held by Freestone Holding Ltd Limited Liability Company. Advisory Svcs Net Llc reported 0% of its portfolio in Loews Corporation (NYSE:L). Quinn Opportunity Ptnrs Limited accumulated 2.41% or 82,810 shares. Rafferty Asset Mgmt Lc reported 11,714 shares. Since October 18, 2017 according to StockzIntelligence Inc Shire has 24 analyst reports. During the same quarter in the prior year, the firm earned $3.37 earnings per share. In case of $3.58 earnings per share SHPG's profit could reach $1.06 billion. Therefore 81% are positive. Shire plc (ADR) had 76 analyst reports since July 22, 2015 according to SRatingsIntel. Shire Plc now has $45.03B valuation. On Thursday, February 15 the stock of Shire plc (NASDAQ:SHPG) has "Buy" rating given by Jefferies. On Tuesday, January 2 Stifel Nicolaus maintained Shire plc (NASDAQ:SHPG) with "Buy" rating. The firm has "Outperform" rating given on Thursday, October 1 by Wedbush. The firm has "Buy" rating by RBC Capital Markets given on Monday, February 5. The company has a consensus rating of Buy and a consensus target price of GBX 4,650 ($65.72). BidaskClub upgraded shares of Shire from a strong sell rating to a sell rating in a report on Friday, March 2nd. On Tuesday, November 14 the stock rating was upgraded by Liberum Capital to "Buy".

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