Were Analysts Bearish Incyte Corporation (NASDAQ:INCY) This Week?

Cornelia Mascio
Dicembre 18, 2017

(NYSE:BPI). Old Mutual Global Investors (Uk) Ltd owns 14,881 shares or 0% of their U.S. portfolio. Davide Leone & Partners Investment Company Llp who had been investing in Incyte Corp for a number of months, seems to be bullish on the $20.35 billion market cap company. The stock increased 0.46% or $0.44 during the last trading session, reaching $96.41. The shares were sold at an average price of $125.00, for a total transaction of $1,235,375.00. Incyte Corporation (NASDAQ:INCY) has risen 72.84% since December 17, 2016 and is uptrending. It has outperformed by 56.14% the S&P500.

Dan Loeb decreased its stake in General Dynamics Corp (GD) by 4% based on its latest 2017Q2 regulatory filing with the SEC. The institutional investor held 140,023 shares of the commercial physical & biological resarch company at the end of 2017Q2, valued at $17.63M, up from 119,311 at the end of the previous reported quarter. Arrowpoint Asset Management Llc who had been investing in 2U Inc for a number of months, seems to be less bullish one the $3.42 billion market cap company. It has outperformed by 39.22% the S&P500. Its up 0.02, from 1.02 in 2017Q1. It fall, as 57 investors sold INCY shares while 158 reduced holdings.

Hedge funds have recently made changes to their positions in the company. Royal Bank Of Canada reissued an outperform rating and issued a $138.00 target price (up from $123.00) on shares of Incyte Corporation in a report on Tuesday, February 14th. Eaton Vance Mngmt has 428,419 shares.

Incyte (NASDAQ:INCY) traded up $0.44 on Tuesday, reaching $96.41. Oak Ridge Invests Lc reported 92,978 shares or 0.37% of all its holdings. Teacher Retirement Sys Of Texas has 4,855 shares.

TRADEMARK VIOLATION NOTICE: "TheStreet Lowers Incyte (NASDAQ:INCY) to D+" was originally published by StockNewsTimes and is the property of of StockNewsTimes. IFP Advisors Inc now owns 1,146 shares of the biopharmaceutical company's stock valued at $144,000 after purchasing an additional 103 shares during the period. The stock of Incyte Corporation (NASDAQ:INCY) earned "Buy" rating by Goldman Sachs on Wednesday, November 18. JMP Securities maintained Incyte Corporation (NASDAQ:INCY) rating on Monday, October 10. State Street Corporation accumulated 7.51 million shares or 0.08% of the stock. Sumitomo Mitsui Asset Management Communication Limited invested in 0.03% or 13,623 shares. Gsa Capital Prtn Llp invested in 27,820 shares.

Analysts await Incyte Corporation (NASDAQ:INCY) to report earnings on February, 13. Hutchin Hill Capital Ltd Partnership has 17,500 shares for 0.01% of their portfolio. Ent Fincl Corp reported 29 shares or 0% of all its holdings. Oppenheimer reiterated a "hold" rating and issued a $135.00 target price on shares of Incyte in a research note on Sunday, September 10th. The firm earned "Outperform" rating on Wednesday, November 1 by BMO Capital Markets. Raymond James Financial raised shares of Incyte from a "market perform" rating to an "outperform" rating and set a $159.00 price target on the stock in a research note on Monday, September 11th. Jefferies maintained Ares Capital Corporation (NASDAQ:ARCC) on Tuesday, August 15 with "Buy" rating. The stock has "Buy" rating by BMO Capital Markets on Monday, September 11. Brean Capital maintained the shares of INCY in report on Wednesday, August 5 with "Buy" rating. J.P. Morgan has "Buy" rating and $14900 target. Argus Research maintained the stock with "Buy" rating in Tuesday, August 18 report. As per Friday, August 5, the company rating was initiated by Suntrust Robinson. Kingfisher Cap Ltd Liability Corporation holds 7,453 shares or 1% of its portfolio.

Since August 1, 2017, it had 1 buy, and 8 sales for $342,984 activity.

Incyte (NASDAQ:INCY) last issued its quarterly earnings results on Tuesday, October 31st. 1,820 shares were sold by Siegel Eric H., worth $241,914.

In other Incyte news, President Herve Hoppenot sold 70,502 shares of the stock in a transaction on Monday, September 18th.

Among 13 analysts covering 2U (NASDAQ:TWOU), 13 have Buy rating, 0 Sell and 0 Hold.

Among 5 analysts covering Renasant (NASDAQ:RNST), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 100% are positive. (NASDAQ:TWOU) on Friday, August 5 with "Outperform" rating. The company was maintained on Thursday, September 3 by JP Morgan. The firm has "Overweight" rating by KeyBanc Capital Markets given on Friday, April 8. (NASDAQ:TWOU) rating on Friday, February 26. As per Tuesday, October 31, the company rating was maintained by SunTrust. Jefferies has "Buy" rating and $111 target.

Investors sentiment decreased to 1.02 in Q2 2017. Its up 0.02, from 1.02 in 2017Q1. Blackrock Inc Com (NYSE:BLK) was reduced too. 49 funds opened positions while 114 raised stakes. Invesco Limited reported 3.16 million shares. Amer Group Inc Inc Inc owns 71,592 shares. Tci Wealth Advisors holds 525 shares. Capital One Natl Association holds 25,963 shares. First Trust Advsrs Limited Partnership has 572,165 shares for 0.19% of their portfolio.

Torray Llc, which manages about $624.45M and $949.69M US Long portfolio, decreased its stake in Amphenol (NYSE:APH) by 18,811 shares to 226,791 shares, valued at $16.74 million in 2017Q2, according to the filing. State Board Of Administration Of Florida Retirement System invested 0.09% in Incyte Corporation (NASDAQ:INCY). Credit Suisse Ag holds 0.02% or 336,405 shares. Lpl Fin Llc reported 4,492 shares stake. Old Mutual (Uk) Ltd accumulated 196,084 shares. SWAIN PAULA J sold 20,000 shares worth $2.80M.

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