Published: Sat, January 13, 2018
Business | By Max Garcia

Gabelli Funds LLC Has $6.55 Million Holdings in Celgene Co. (CELG)


Birchview Capital Lp sold 14,000 shares as the company's stock declined 3.49% while stock markets rallied. The institutional investor held 251,879 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $36.73M, down from 254,693 at the end of the previous reported quarter. The stock decreased 0.03% or $0.03 during the last trading session, reaching $105.46. Currently, Celgene Corporation (NASDAQ:CELG) has an average volume of 8.19 Million.

Celgene Corporation (NASDAQ:CELG), stock is trading $147.17 above the 52-week high and has displayed a high EPS growth of 11.80% in last 5 years. It has outperformed by 0.30% the S&P500.

Water Island Capital Llc decreased Fidelity & Gty Life (FGL) stake by 3.96% reported in 2017Q3 SEC filing. Flagship Harbor Advisors LLC now owns 2,054 shares of the biopharmaceutical company's stock worth $253,000 after purchasing an additional 18 shares during the last quarter. The stock increased 1.53% or $0.59 during the last trading session, reaching $39.24. It also reduced its holding in Ishares Core S&P Small (IJR) by 8,377 shares in the quarter, leaving it with 1,916 shares, and cut its stake in Dr Pepper Snapple Group Inc (NYSE:DPS). (NYSE:NLY) has risen 6.73% since January 13, 2017 and is uptrending. It has underperformed by 5.52% the S&P500. Moreover, Scholtz Ltd Liability has 3% invested in Celgene Corporation (NASDAQ:CELG). The firm's quarterly revenue was up 10.2% compared to the same quarter last year. research analysts expect that Celgene will post 6.68 EPS for the current year. CELG's profit will be $1.38B for 14.94 P/E if the $1.75 EPS becomes a reality. Great Lakes Llc reported 0.01% of its portfolio in Celgene Corporation (NASDAQ:CELG).

Investors sentiment decreased to 1.17 in Q3 2017. Celgene Co. The company has a market capitalization of $83,030.00, a price-to-earnings ratio of 24.87, a PEG ratio of 0.68 and a beta of 1.77.

Several other institutional investors have also sold shares of the company. CANNELL PETER B & CO INC owned 0.16% of Pareteum Corporation (TEUM) worth $130000 at the end of the most recent reporting period. Numeric Investors Ltd Limited Liability Company reported 0% in Flagstar Bancorp, Inc. Wafra Advisory Grp New York accumulated 88,951 shares or 0.63% of the stock.

Analysts await Celgene Corporation (NASDAQ:CELG) to report earnings on January, 25. New Jersey Better Educational Savings Tru holds 0.49% or 4,000 shares in its portfolio. 335,429 are held by Cheyne Cap Management (Uk) Ltd Liability Partnership. Hellman Jordan Ma stated it has 4,620 shares or 1.47% of all its holdings. Sumitomo Life Ins has 0.8% invested in Celgene Corporation (NASDAQ:CELG) for 43,215 shares. Inv Management Of Virginia Ltd Llc holds 45,628 shares or 1.56% of its portfolio. Private Asset Incorporated reported 253 shares. 18,506 Celgene Corporation (NASDAQ:CELG) shares with value of $2.42 million were sold by MARIO ERNEST. Nomura Inc accumulated 7,689 shares or 0% of the stock. Therefore 55% are positive. Celgene Corporation had 124 analyst reports since July 21, 2015 according to SRatingsIntel. With that said, researchers took a deep dive into the hotly debated question: is it too early to buy Celgene Corporation (NASDAQ:CELG). FBR Capital maintained the shares of FBC in report on Wednesday, April 26 with "Outperform" rating. The mean target price as estimated by the analysts for the company has been recorded at $123.39. Celgene now has an average rating of Buy and an average price target of $131.18. The company was initiated on Thursday, January 7 by Suntrust Robinson. The firm has "Buy" rating by BMO Capital Markets given on Thursday, October 5. Finally, Robert W. Baird downgraded Celgene from an outperform rating to a neutral rating and dropped their target price for the stock from $162.00 to $136.00 in a research report on Friday, October 20th. The rating was downgraded by Citigroup to "Hold" on Friday, October 20. The rating was maintained by Canaccord Genuity on Friday, November 6 with "Buy". The firm has "Neutral" rating by JP Morgan given on Monday, December 12. The rating was maintained by BMO Capital Markets on Tuesday, October 17 with "Outperform".

Suffolk Capital Management Llc, which manages about $1.92 billion and $757.82 million US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 11,012 shares to 143,943 shares, valued at $24.60M in 2017Q3, according to the filing.

Since August 2, 2017, it had 0 buys, and 5 selling transactions for $6.27 million activity. Another trade for 1,727 shares valued at $248,498 was made by Curran Terrie on Monday, September 25. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Therefore 10% are positive. Electronic Arts had 78 analyst reports since July 28, 2015 according to SRatingsIntel. The Mean Recommendation is the average rating on a stock by the analyst community. (NYSE:AMX), 6 have Buy rating, 2 Sell and 2 Hold. (NASDAQ:EA) rating on Monday, October 26. As per Friday, October 20, the company rating was maintained by Stifel Nicolaus. The firm now has a buy rating on the biopharmaceutical company's stock. The firm has "Buy" rating given on Thursday, July 13 by Stifel Nicolaus. (NYSE:CBU) has "Sector Perform" rating given on Friday, January 22 by RBC Capital Markets.

Investors sentiment increased to 1.53 in Q3 2017. Its up 0.60, from 0.93 in 2017Q2. 15 funds opened positions while 37 raised stakes. On Thursday, August 31 Hart Mark J sold $96,430 worth of Parker-Hannifin Corporation (NYSE:PH) or 600 shares. Capital Invest Serv Of America Inc holds 0.04% or 1,630 shares. Ameritas Investment Partners Inc reported 58,064 shares stake. 94,100 were reported by Commerzbank Aktiengesellschaft Fi. Old Second Bancshares Of Aurora holds 0.02% or 375 shares. Finally, Cantor Fitzgerald set a $112.00 price target on shares of Celgene and gave the company a "hold" rating in a report on Monday. Gluskin Sheff reported 13,150 shares. Halsey Associate Ct holds 3.34% or 178,362 shares. Tobam reported 0.05% of its portfolio in Diamondback Energy, Inc. 128,048 are owned by Anchor Bolt Lp. Schroder Management Gp, a Maine-based fund reported 80,368 shares. American Gru has invested 0% of its portfolio in Flagstar Bancorp, Inc. (NYSE:NLY) has "Hold" rating given on Tuesday, September 12 by Keefe Bruyette & Woods. New Mexico Educational Retirement Board has 0.5% invested in Celgene Corporation (NASDAQ:CELG) for 72,630 shares. Mastrapasqua Asset Management owns 67,035 shares. 9,250 shares were sold by KAPLAN GILLA, worth $1.31 million on Tuesday, September 12.

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