Monarch Partners Asset Management Upped Beacon Roofing Supply (BECN) Stake by $5.08 Million; Fmr Has Upped Its Endo Intl Plc (ENDP) Stake by $1.50 Million as Share Price Declined

August 10, 2018 - By Joe Cepeda

Endo International plc (NASDAQ:ENDP) Logo

Monarch Partners Asset Management Llc increased its stake in Beacon Roofing Supply Inc (BECN) by 65.76% based on its latest 2018Q1 regulatory filing with the SEC. Monarch Partners Asset Management Llc bought 95,875 shares as the company’s stock declined 23.54% with the market. The institutional investor held 241,672 shares of the consumer services company at the end of 2018Q1, valued at $12.83M, up from 145,797 at the end of the previous reported quarter. Monarch Partners Asset Management Llc who had been investing in Beacon Roofing Supply Inc for a number of months, seems to be bullish on the $2.60 billion market cap company. The stock increased 4.65% or $1.7 during the last trading session, reaching $38.24. About 2.95M shares traded or 121.71% up from the average. Beacon Roofing Supply, Inc. (NASDAQ:BECN) has declined 14.29% since August 10, 2017 and is downtrending. It has underperformed by 26.86% the S&P500. Some Historical BECN News: 08/05/2018 – Beacon Roofing Supply 2Q Loss $66.7M; 08/05/2018 – BEACON ROOFING 2Q ADJ LOSS/SHR 35C, EST. LOSS/SHR 9.0C; 12/03/2018 Beacon Roofing at Company Marketing Hosted By Stephens Inc; 01/05/2018 – Beacon Roofing Supply Announces Acquisition Of Minnesota-Based Tri-State Builder’s Supply; 20/03/2018 – Beacon Roofing Non-Deal Roadshow Set By SunTrust for Mar. 27; 20/04/2018 – DJ Beacon Roofing Supply Inc, Inst Holders, 1Q 2018 (BECN); 08/05/2018 – Beacon Roofing Supply 2Q Loss/Shr $1.07; 03/05/2018 – Investor Expectations to Drive Momentum within Balchem, Beacon Roofing Supply, Rice Midstream Partners LP, LTC Properties, Ubiq; 06/04/2018 – Beacon Roofing Closes Below 200-Day Moving Average: Technicals; 01/05/2018 – BEACON ROOFING SUPPLY ACQUIRES TRI-STATE BUILDER’S SUPPLY

Fmr Llc increased its stake in Endo Intl Plc (ENDP) by 27.21% based on its latest 2018Q1 regulatory filing with the SEC. Fmr Llc bought 300,900 shares as the company’s stock declined 7.75% with the market. The institutional investor held 1.41 million shares of the major pharmaceuticals company at the end of 2018Q1, valued at $8.36 million, up from 1.11M at the end of the previous reported quarter. Fmr Llc who had been investing in Endo Intl Plc for a number of months, seems to be bullish on the $3.54 billion market cap company. The stock decreased 2.46% or $0.4 during the last trading session, reaching $15.83. About 8.79 million shares traded or 30.48% up from the average. Endo International plc (NASDAQ:ENDP) has declined 51.05% since August 10, 2017 and is downtrending. It has underperformed by 63.62% the S&P500. Some Historical ENDP News: 27/04/2018 – ENDO: SIGNIFICANT NUMBER IN STUDY SATISFIED OR VERY SATISFIED; 08/05/2018 – ENDO 1Q ADJ EPS CONT OPS 67C; 02/04/2018 – Endo International: FDA Guidance States That if Bulk Drug Substance Component of FDA-Approved Drug, Needs Threshold Review; 15/05/2018 – Florida Lawsuit Targets Painkiller Makers Purdue Pharma, Endo Pharmaceuticals, Johnson & Johnson, Teva Pharmaceutical and Allergan; 10/04/2018 – Endo Short-Interest Ratio Rises 29% to 7 Days; 14/05/2018 – Endo Rises for 7 Days; Longest Winning Streak in 6 Years; 17/04/2018 – ENDO GETS PARAGRAPH IV NOTIFICATION ON VASOSTRICT┬«; 24/04/2018 – TABLE-Endo Lighting 6932.T -2017/18 parent forecast; 17/04/2018 – ENDO RECEIVES PARAGRAPH IV NOTIFICATION ON VASOSTRICT┬«; 08/05/2018 – Endo International’s 1Q Loss More Than Doubles

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.52, from 1.38 in 2017Q4. It dropped, as 36 investors sold BECN shares while 89 reduced holdings. 36 funds opened positions while 71 raised stakes. 63.59 million shares or 1.89% less from 64.82 million shares in 2017Q4 were reported. Wellington Mgmt Grp Inc Limited Liability Partnership accumulated 1.22M shares. Moreover, Tiaa Cref Inv Management Ltd has 0.01% invested in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 204,530 shares. Keybank Association Oh has 0% invested in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Gotham Asset Management Llc accumulated 87,494 shares or 0.06% of the stock. Parametric Portfolio Limited Liability Company invested in 118,915 shares or 0.01% of the stock. Cortina Asset Ltd invested 0.82% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Pnc Financial Ser holds 0% or 50,800 shares in its portfolio. Rmb Limited Liability Corp stated it has 13,925 shares. Monarch Asset holds 241,672 shares. Citadel Advisors Lc invested in 11,636 shares. Northwestern Mutual Wealth accumulated 165 shares. Proshare Advsrs Limited accumulated 9,105 shares. Stevens Cap Mngmt Lp reported 0.11% stake. Goldman Sachs Gp reported 1.98M shares. Basswood Management Limited Liability Corporation reported 0.81% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN).

Among 20 analysts covering Beacon Roofing Supply (NASDAQ:BECN), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. Beacon Roofing Supply had 59 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, June 10 by BB&T Capital. The stock of Beacon Roofing Supply, Inc. (NASDAQ:BECN) earned “Neutral” rating by JP Morgan on Thursday, May 10. The rating was upgraded by RBC Capital Markets on Monday, April 11 to “Outperform”. The rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, October 12. RBC Capital Markets maintained the shares of BECN in report on Friday, August 4 with “Buy” rating. The rating was upgraded by Raymond James to “Strong Buy” on Monday, February 8. RBC Capital Markets maintained Beacon Roofing Supply, Inc. (NASDAQ:BECN) on Monday, August 10 with “Sector Perform” rating. The rating was maintained by Robert W. Baird on Tuesday, November 21 with “Buy”. Citigroup downgraded Beacon Roofing Supply, Inc. (NASDAQ:BECN) on Wednesday, August 8 to “Neutral” rating. The rating was maintained by Northcoast on Monday, January 8 with “Buy”.

Since May 18, 2018, it had 2 insider buys, and 0 selling transactions for $601,743 activity. 2,470 shares valued at $99,912 were bought by NOWICKI JOSEPH M on Friday, May 18.

More notable recent Beacon Roofing Supply, Inc. (NASDAQ:BECN) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For August 8, 2018” on August 08, 2018, also Benzinga.com with their article: “85 Biggest Movers From Yesterday” published on August 09, 2018, Benzinga.com published: “40 Stocks Moving In Wednesday’s Pre-Market Session” on August 08, 2018. More interesting news about Beacon Roofing Supply, Inc. (NASDAQ:BECN) were released by: Benzinga.com and their article: “68 Stocks Moving In Wednesday’s Mid-Day Session” published on August 08, 2018 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: AECOM, CyberArk, Dillard’s, Hasbro, Mattel, Newell, Papa John’s, Shopify …” with publication date: August 08, 2018.

Monarch Partners Asset Management Llc, which manages about $275.92 million and $1.08B US Long portfolio, decreased its stake in Bank Of The Ozarks (NASDAQ:OZRK) by 54,735 shares to 205,369 shares, valued at $9.91M in 2018Q1, according to the filing. It also reduced its holding in Olin Corp (NYSE:OLN) by 83,030 shares in the quarter, leaving it with 248,060 shares, and cut its stake in Allete Inc (NYSE:ALE).

Investors sentiment decreased to 1.07 in 2018 Q1. Its down 0.06, from 1.13 in 2017Q4. It worsened, as 25 investors sold ENDP shares while 70 reduced holdings. 33 funds opened positions while 69 raised stakes. 213.17 million shares or 4.61% more from 203.77 million shares in 2017Q4 were reported. Bridgewater LP stated it has 762,715 shares or 0.04% of all its holdings. Parametric Portfolio Assocs Limited Liability Com accumulated 0% or 551,771 shares. Engineers Gate Manager Ltd Partnership holds 257,741 shares. Wells Fargo & Mn invested in 161,927 shares or 0% of the stock. Swiss Commercial Bank accumulated 349,900 shares or 0% of the stock. Systematic Mngmt Lp accumulated 222,015 shares or 0.03% of the stock. Hsbc Public Ltd Company reported 52,220 shares. Blair William Il holds 10,800 shares or 0% of its portfolio. Nomura Hldgs accumulated 1.34M shares or 0.01% of the stock. Susquehanna Gru Llp stated it has 580,857 shares. Pnc Financial Service Grp owns 844 shares or 0% of their US portfolio. Envestnet Asset Mngmt Inc reported 0% stake. Cambridge Investment Research Advsrs Inc invested in 10,287 shares or 0% of the stock. Bluecrest Cap Management accumulated 10,969 shares. Shelton Cap Mngmt has invested 0.01% in Endo International plc (NASDAQ:ENDP).

Fmr Llc, which manages about $842.35B US Long portfolio, decreased its stake in Principal Finl Group Inc (NYSE:PFG) by 402,758 shares to 2.60 million shares, valued at $158.13M in 2018Q1, according to the filing. It also reduced its holding in Central Valley Cmnty Bancorp (NASDAQ:CVCY) by 108,734 shares in the quarter, leaving it with 34,730 shares, and cut its stake in Ipg Photonics Corp (NASDAQ:IPGP).

Among 25 analysts covering Endo International plc (NASDAQ:ENDP), 8 have Buy rating, 1 Sell and 16 Hold. Therefore 32% are positive. Endo International plc had 97 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, February 28 by William Blair. Citigroup upgraded the stock to “Buy” rating in Wednesday, June 27 report. The stock has “Neutral” rating by Mizuho on Monday, June 13. The rating was maintained by Mizuho with “Buy” on Friday, January 19. The firm has “Hold” rating given on Friday, June 23 by BMO Capital Markets. On Thursday, January 21 the stock rating was initiated by Barclays Capital with “Equal-Weight”. On Thursday, August 10 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, January 31 the stock rating was maintained by Mizuho with “Buy”. Mizuho maintained the shares of ENDP in report on Friday, October 13 with “Buy” rating. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, September 14 report.

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Institutional Positions Chart

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