Mylan N V (MYL) Holder Mangrove Partners Upped Its Holding by $3.60 Million; As Discover Finl Svcs (DFS) Stock Price Rose, Sirios Capital Management LP Has Trimmed Stake

September 14, 2018 - By Ricky Cave

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Mangrove Partners increased its stake in Mylan N V (MYL) by 11.03% based on its latest 2018Q2 regulatory filing with the SEC. Mangrove Partners bought 100,000 shares as the company’s stock declined 9.50% while stock markets rallied. The hedge fund held 1.01M shares of the major pharmaceuticals company at the end of 2018Q2, valued at $36.39M, up from 906,902 at the end of the previous reported quarter. Mangrove Partners who had been investing in Mylan N V for a number of months, seems to be bullish on the $19.43 billion market cap company. The stock decreased 0.91% or $0.3452 during the last trading session, reaching $37.6948. About 248,026 shares traded. Mylan N.V. (NASDAQ:MYL) has risen 12.23% since September 14, 2017 and is uptrending. It has underperformed by 3.39% the S&P500. Some Historical MYL News: 10/05/2018 – U.S. DoJ investigates Mylan on trade compliance for certain products; 08/05/2018 – EPIPEN MANUFACTURER PFIZER PFE.N SAYS APRIL EPIPEN SHIPMENTS EXCEEDED PROJECTIONS; 08/05/2018 – Mylan says EpiPen supply levels may vary at U.S. pharmacies; 06/04/2018 – Mylan: Closing of Offering Expected on April 9; 24/04/2018 – AT LEAST TWO COMPANIES ARE ON TRACK TO BE INDICTED IN THE COMING MONTHS, IN ADDITION TO SEVERAL EXECUTIVES – BLOOMBERG, CITING; 15/05/2018 – GLENMARK PHARMACEUTICALS LTD GLEN.NS – GRANT OF SUBSTITUTION AND SUCCESSFUL LAUNCH OF GENERIC SERETIDE ACCUHALER IN DENMARK; 09/05/2018 – ♫ Reuters Insider – FDA adds Mylan’s EpiPen to shortage list; 09/05/2018 – Mylan May Be Gem in Rough Generic Sector; 29/03/2018 – Advair ( fluticasone propionate + salmeterol ; GlaxoSmithKline) Drug Analysis 2018 – ResearchAndMarkets.com; 05/03/2018 Salmeterol Sales, Price Analysis, & Sales Forecast 2016-2021 – ResearchAndMarkets.com

Sirios Capital Management LP decreased its stake in Discover Finl Svcs (DFS) by 92.08% based on its latest 2018Q2 regulatory filing with the SEC. Sirios Capital Management LP sold 432,884 shares as the company’s stock rose 3.65% with the market. The hedge fund held 37,225 shares of the consumer services company at the end of 2018Q2, valued at $2.62 million, down from 470,109 at the end of the previous reported quarter. Sirios Capital Management LP who had been investing in Discover Finl Svcs for a number of months, seems to be less bullish one the $26.63 billion market cap company. The stock increased 0.80% or $0.62 during the last trading session, reaching $77.72. About 164,017 shares traded. Discover Financial Services (NYSE:DFS) has risen 33.76% since September 14, 2017 and is uptrending. It has outperformed by 18.14% the S&P500. Some Historical DFS News: 20/04/2018 – DISCOVER FINANCIAL SERVICES DFS.N SETS QUARTERLY CASH DIVIDEND OF $0.35/SHR; 04/04/2018 – NY DoFS: DFS APPROVES NEW ENTRANT TO NEW YORK INSURANCE MARKET; 15/03/2018 – DISCOVER FINANCIAL SERVICES SAYS CREDIT CARD DELINQUENCY RATE 1.84 PCT AT FEBRUARY END VS 1.81 PCT AT JANUARY END – SEC FILING; 06/03/2018 Sportito Becomes First DFS Provider to Launch Chatbot; 24/04/2018 – NY DFS ORDERS INSURERS TO UPDATE RESPONSE & RECOVERY PLANS; 17/05/2018 – Discover Financial Rises for 10 Days; Tied for Longest Rally; 08/05/2018 – Discover Introduces First Fee Forgiveness — a Program That Automatically Waives One Fee Per Year; 27/04/2018 – NY DoFS: DFS ISSUES UPDATED PROPOSED LIFE INSURANCE AND ANNUITY SUITABILITY REGULATION REQUIRING A BEST INTEREST STANDARD TO; 16/04/2018 – NY Insur Dept: DFS Superintendent Vullo Issues Consumer Alert Regarding Rent-To-Own and Land Installment Contracts; 17/04/2018 – Chamber of Digital Commerce Welcomes Discover Financial Services to Its Executive Committee

Investors sentiment increased to 2 in Q2 2018. Its up 1.00, from 1 in 2018Q1. It is positive, as 2 investors sold MYL shares while 0 reduced holdings. 3 funds opened positions while 1 raised stakes. 356,551 shares or 87.07% more from 190,596 shares in 2018Q1 were reported. Vantage Ltd Company holds 0% or 337 shares. Moreover, Whittier Trust Company has 0.37% invested in Mylan N.V. (NASDAQ:MYL). Moreover, Gemmer Asset Management Ltd Liability Corp has 0% invested in Mylan N.V. (NASDAQ:MYL). Gulf Comml Bank (Uk) Ltd holds 0.08% of its portfolio in Mylan N.V. (NASDAQ:MYL) for 166,890 shares. Whittier Communication Of Nevada Inc holds 0.19% or 33,450 shares.

More recent Mylan N.V. (NASDAQ:MYL) news were published by: Seekingalpha.com which released: “Mylan Grinding Towards Greatness” on September 04, 2018. Also Streetinsider.com published the news titled: “Mylan NV (MYL) Announces Launch of First Generic of Brevibloc Injection in Single-Dose Bags” on September 13, 2018. Streetinsider.com‘s news article titled: “Theravance (TBPH), Mylan (MYL) to Report New Data from Phase 3 Studies of YUPELRI in Oral Presentation at ERS” with publication date: September 11, 2018 was also an interesting one.

Among 23 analysts covering Mylan Inc. (NASDAQ:MYL), 17 have Buy rating, 0 Sell and 6 Hold. Therefore 74% are positive. Mylan Inc. had 80 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Mylan N.V. (NASDAQ:MYL) has “Hold” rating given on Wednesday, August 9 by Cowen & Co. The firm has “Outperform” rating by Leerink Swann given on Monday, August 15. The firm earned “Hold” rating on Thursday, September 14 by RBC Capital Markets. BTIG Research maintained Mylan N.V. (NASDAQ:MYL) rating on Wednesday, August 19. BTIG Research has “Buy” rating and $85 target. On Friday, August 7 the stock rating was maintained by Argus Research with “Buy”. The firm earned “Buy” rating on Thursday, January 4 by Citigroup. The stock has “Buy” rating by Standpoint Research on Wednesday, August 26. RBC Capital Markets maintained Mylan N.V. (NASDAQ:MYL) rating on Friday, October 20. RBC Capital Markets has “Hold” rating and $32.0 target. The firm earned “Buy” rating on Thursday, March 1 by UBS. The company was maintained on Tuesday, July 28 by Deutsche Bank.

Sirios Capital Management L P, which manages about $2.06 billion and $1.92B US Long portfolio, upped its stake in Bank Of The Ozarks (NASDAQ:OZRK) by 17,659 shares to 152,438 shares, valued at $6.87 million in 2018Q2, according to the filing. It also increased its holding in Berkshire Hathaway Inc Del (BRKB) by 70,534 shares in the quarter, for a total of 202,659 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

Investors sentiment increased to 1 in Q2 2018. Its up 0.20, from 0.8 in 2018Q1. It is positive, as 35 investors sold DFS shares while 254 reduced holdings. 77 funds opened positions while 212 raised stakes. 286.78 million shares or 2.92% less from 295.39 million shares in 2018Q1 were reported. Royal National Bank Of Canada holds 0.02% of its portfolio in Discover Financial Services (NYSE:DFS) for 681,554 shares. Bp Plc has invested 0.09% of its portfolio in Discover Financial Services (NYSE:DFS). Davenport And Ltd holds 0% in Discover Financial Services (NYSE:DFS) or 3,167 shares. Park Natl Oh holds 0.03% of its portfolio in Discover Financial Services (NYSE:DFS) for 6,984 shares. Aspiriant Ltd Liability Company, a California-based fund reported 6,222 shares. 846,659 are owned by Bridgeway Cap Incorporated. Atria Invs Ltd owns 10,482 shares. Caisse De Depot Et Placement Du Quebec reported 49,989 shares stake. Lombard Odier Asset Mgmt (Europe) owns 0.02% invested in Discover Financial Services (NYSE:DFS) for 3,918 shares. Court Place Advsrs Ltd has invested 0.14% in Discover Financial Services (NYSE:DFS). First Republic Mgmt reported 73,597 shares or 0.03% of all its holdings. Foster And Motley Inc has 0.57% invested in Discover Financial Services (NYSE:DFS) for 50,537 shares. Commercial Bank Of The West invested 0.03% of its portfolio in Discover Financial Services (NYSE:DFS). Cwm Ltd holds 0% or 155 shares in its portfolio. Daiwa Sb Investments Ltd has 0.02% invested in Discover Financial Services (NYSE:DFS).

Among 33 analysts covering Discover Financial Services (NYSE:DFS), 21 have Buy rating, 0 Sell and 12 Hold. Therefore 64% are positive. Discover Financial Services had 103 analyst reports since July 24, 2015 according to SRatingsIntel. Wood maintained the shares of DFS in report on Tuesday, April 11 with “Buy” rating. The stock of Discover Financial Services (NYSE:DFS) has “Neutral” rating given on Friday, July 27 by JP Morgan. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, July 20. Oppenheimer maintained Discover Financial Services (NYSE:DFS) on Thursday, January 25 with “Outperform” rating. The rating was maintained by Nomura on Wednesday, October 25 with “Buy”. The firm has “Top Pick” rating given on Thursday, January 28 by RBC Capital Markets. DA Davidson initiated Discover Financial Services (NYSE:DFS) on Wednesday, January 13 with “Buy” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $91.0 target in Thursday, December 21 report. Bernstein upgraded the shares of DFS in report on Monday, October 5 to “Outperform” rating. UBS initiated the stock with “Sell” rating in Tuesday, March 27 report.

Discover Financial Services (NYSE:DFS) Institutional Positions Chart

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