Wedgewood Partners Inc. Has $100.43 Million Holdings in Celgene (CELG)


It has outperformed by 65.23% the S&P500.

Biondo Investment Advisors Llc decreased Celgene Corp (CELG) stake by 3.84% reported in 2017Q4 SEC filing. Fagan Associates Incorporated invested in 30,480 shares. The biopharmaceutical company reported $1.87 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.78 by $0.09. Lederer & Associates Investment Counsel who had been investing in Celgene for a number of months, seems to be bullish on the $68.31B market cap company.

The Company ended its previous trading session at $89.4 with the loss of -0.38%. Linscomb & Williams Inc. now owns 3,813 shares of the biopharmaceutical company's stock valued at $495,000 after acquiring an additional 36 shares during the period.

Among 34 analysts covering Celgene Corporation (NASDAQ:CELG), 19 have Buy rating, 1 Sell and 14 Hold. It has underperformed by 42.83% the S&P500.

Investors are looking attentively on Celgene Corporation (CELG) as shares traded with fall change of -0.38% at $89.4 during last trading day on a USA exchange. The stock has a market capitalization of $67,244.50, a price-to-earnings ratio of 13.24, a PEG ratio of 0.60 and a beta of 1.48. It turned negative, as 156 investors sold CELG shares while 478 reduced holdings.

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Wedgewood Partners Inc. raised its stake in Celgene (NASDAQ:CELG) by 42.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The active investment managers in our database now have: 24.64 million shares, down from 25.16 million shares in 2017Q3. Howard Hughes Med Institute reported 2,500 shares. Duncker Streett reported 0.02% stake. The shares were sold at an average price of $94.49, for a total transaction of $1,263,331.30. Ameritas Investment Prtn holds 0.51% or 271,813 shares. 22,858 are owned by Buckingham Cap. Vanguard Gp stated it has 23.85 million shares. Highbridge Mngmt Limited Liability Corp has invested 0.23% of its portfolio in Celgene Corporation (NASDAQ:CELG). 38,931 were accumulated by Rathbone Brothers Public Ltd Company. New York-based Braun Stacey Assoc has invested 0.53% in Celgene Corporation (NASDAQ:CELG). 10,635 are owned by B And T Cap Mngmt Dba Alpha Cap Mngmt. Out of 2 Wall Street analysts rating Celgene, 1 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". About 3.43 million shares traded. 32,068 were accumulated by First Western Capital Management Commerce.

Since February 8, 2018, it had 1 buying transaction, and 3 insider sales for $3.58 million activity. MARIO ERNEST had sold 13,370 shares worth $1.26 million. Another trade for 3,260 shares valued at $299,594 was made by Alles Mark J on Thursday, February 8. The Celgene Corporation has 768.53M shares outstanding with 0.2% insider ownership. Therefore 83% are positive. Since October 17, 2017 according to StockzIntelligence Inc Celgene has 61 analyst reports. BMO Capital Markets maintained Celgene Corporation (NASDAQ:CELG) on Friday, October 27 with "Outperform" rating.

When a company is able to grow consistently in terms of earnings at a high compound rate have the highest likelihood of creating value for its shareholders over time. Zevenbergen Capital Investments Llc acquired 52,209 shares as Celgene Corporation (CELG)'s stock declined 19.30%. The rating was maintained by Credit Suisse on Thursday, July 6 with "Buy". Guggenheim initiated the stock with "Buy" rating in Monday, October 23 report. On Tuesday, February 13 the stock rating was upgraded by Barclays Capital to "Buy". SunTrust Banks set a $127.00 price target on Celgene and gave the company a "buy" rating in a research report on Monday, January 8th. During the same quarter a year ago, the company earned $1.61 EPS. CELG's profit will be $1.34 billion for 12.63 P/E if the $1.78 EPS becomes a reality. 2,216 shares valued at $3.24M were sold by Zapolsky David on Thursday, February 15. Zacks' sales calculations are a mean average based on a survey of analysts that cover Celgene. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 29% are positive.

Analysts await Mercury General Corporation (NYSE:MCY) to report earnings on May, 7. The firm earned "Buy" rating on Wednesday, February 28 by Stifel Nicolaus. The firm earned "Hold" rating on Wednesday, June 21 by BMO Capital Markets. As per Monday, November 23, the company rating was maintained by Credit Suisse. The firm earned "Sector Perform" rating on Monday, May 15 by Iberia Capital Partners. The company is expected to announce its next quarterly earnings report on Thursday, April 26th. The rating was maintained by Keefe Bruyette & Woods on Friday, October 6 with "Hold". On Wednesday, March 9 the stock rating was maintained by JMP Securities with "Market Outperform". On Tuesday, September 20 the stock rating was maintained by UBS with "Buy". (NASDAQ:AMZN) has "Buy" rating given on Tuesday, September 12 by Loop Capital Markets. The hedge fund run by John Lykouretzos held 2.06M shares of the capital goods company at the end of 2017Q4, valued at $137.99M, down from 2.49M at the end of the previous reported quarter. It also reduced its holding in Spdr Index Shs Fds (FEU) by 9,475 shares in the quarter, leaving it with 12,944 shares, and cut its stake in Allergan Plc. Whiting Petroleum Corporation (NYSE:WLL) has declined 0.96% since April 16, 2017 and is downtrending. Its down 0.34, from 1.17 in 2017Q3. It improved, as 50 investors sold SPG shares while 204 reduced holdings. 168 funds opened positions while 667 raised stakes. Bluemountain Capital Ltd invested in 140,323 shares or 0.3% of the stock. Renaissance Technology Ltd owns 1.86M shares for 0.11% of their portfolio. Mgmt Va reported 298 shares. Moreover, Nj State Employees Deferred Compensation Plan has 1.62% invested in, Inc. Keybank National Association Oh stated it has 0.01% of its portfolio in Brown & Brown, Inc. (NASDAQ:AAPL). 4,529 were accumulated by Botty Invsts Limited Liability Company. (NASDAQ:AMZN). Bourgeon Mgmt reported 540 shares or 0.35% of all its holdings. Kentucky Retirement Ins Trust Fund reported 8,255 shares. Stewart Patten Limited has 5,818 shares for 0.06% of their portfolio. Calamos Wealth Management Ltd Llc invested in 18,314 shares or 0.25% of the stock. Symmetry Peak Limited Liability Company holds 2.34% in Apple Inc.

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