Angelo Gordon & Company LP Increases Holding in Illumina (ILMN); As First Rep Bk San Francisco C Com (FRC) Valuation Declined, Shareholder Sloane Robinson Llp Decreased by $9.93 Million Its Holding

February 15, 2018 - By Vivian Park

John M. Angelo increased its stake in Illumina Inc (ILMN) by 71.94% based on its latest 2017Q3 regulatory filing with the SEC. Angelo Gordon & Company Lp bought 25,900 shares as the company’s stock rose 8.35% with the market. The hedge fund run by John M. Angelo held 61,900 shares of the capital goods company at the end of 2017Q3, valued at $12.33M, up from 36,000 at the end of the previous reported quarter. Angelo Gordon & Company Lp who had been investing in Illumina Inc for a number of months, seems to be bullish on the $33.43 billion market cap company. The stock increased 1.93% or $4.3 during the last trading session, reaching $227.41. About 255,171 shares traded. Illumina, Inc. (NASDAQ:ILMN) has risen 28.24% since February 15, 2017 and is uptrending. It has outperformed by 11.54% the S&P500.

Hugh Sloane decreased its stake in First Rep Bk San Francisco C Com (FRC) by 37.12% based on its latest 2017Q3 regulatory filing with the SEC. Sloane Robinson Llp sold 95,500 shares as the company’s stock declined 5.64% while stock markets rallied. The hedge fund run by Hugh Sloane held 161,800 shares of the company at the end of 2017Q3, valued at $16.90M, down from 257,300 at the end of the previous reported quarter. Sloane Robinson Llp who had been investing in First Rep Bk San Francisco C Com for a number of months, seems to be less bullish one the $15.22 billion market cap company. The stock decreased 1.07% or $1.015 during the last trading session, reaching $94.135. About 945,929 shares traded. First Republic Bank (NYSE:FRC) has risen 29.07% since February 15, 2017 and is uptrending. It has outperformed by 12.37% the S&P500.

Among 18 analysts covering First Republic Bank (NYSE:FRC), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. First Republic Bank had 77 analyst reports since October 6, 2015 according to SRatingsIntel. The company was maintained on Friday, October 13 by Piper Jaffray. The stock has “Hold” rating by RBC Capital Markets on Friday, July 14. Piper Jaffray maintained First Republic Bank (NYSE:FRC) on Tuesday, January 16 with “Hold” rating. As per Wednesday, September 27, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, January 16. Keefe Bruyette & Woods maintained the shares of FRC in report on Friday, October 13 with “Hold” rating. The firm has “Hold” rating by BMO Capital Markets given on Monday, December 18. The rating was maintained by FBR Capital on Friday, July 15 with “Mkt Perform”. Maxim Group maintained the stock with “Buy” rating in Tuesday, January 16 report. The firm earned “Outperform” rating on Wednesday, November 11 by Raymond James.

Sloane Robinson Llp, which manages about $223.96 million US Long portfolio, upped its stake in Silicon Motion Technology Co Sponsored Adr (NASDAQ:SIMO) by 84,600 shares to 588,100 shares, valued at $28.25M in 2017Q3, according to the filing. It also increased its holding in Pampa Energia S A Spons Adr Lvl I (NYSE:PAM) by 39,100 shares in the quarter, for a total of 74,600 shares, and has risen its stake in Taiwan Semiconductor Mfg Ltd Sponsored Adr (NYSE:TSM).

Since August 15, 2017, it had 0 insider purchases, and 20 sales for $39.38 million activity. The insider Stapley Marc sold 2,000 shares worth $411,857. Ronaghi Mostafa also sold $4.20M worth of Illumina, Inc. (NASDAQ:ILMN) shares. The insider Dadswell Charles sold 145 shares worth $32,553. $259,013 worth of Illumina, Inc. (NASDAQ:ILMN) was sold by Van Oene Mark. Bouchard Michel sold $1.09 million worth of stock. EPSTEIN ROBERT S sold $305,225 worth of stock.

Angelo Gordon & Company Lp, which manages about $30.60B and $2.15 billion US Long portfolio, decreased its stake in American Tower Corp New (NYSE:AMT) by 91,000 shares to 88,800 shares, valued at $12.14M in 2017Q3, according to the filing. It also reduced its holding in Tribune Media Co by 1.27M shares in the quarter, leaving it with 760,775 shares, and cut its stake in Dell Technologies Inc.

Investors sentiment decreased to 1.1 in 2017 Q3. Its down 0.24, from 1.34 in 2017Q2. It dived, as 33 investors sold ILMN shares while 167 reduced holdings. 55 funds opened positions while 165 raised stakes. 131.54 million shares or 1.36% less from 133.36 million shares in 2017Q2 were reported. Liberty Mutual Asset Mngmt reported 5,912 shares. Credit Agricole S A has invested 0.02% of its portfolio in Illumina, Inc. (NASDAQ:ILMN). Great West Life Assurance Can owns 103,707 shares or 0.05% of their US portfolio. Davide Leone Prns Investment Limited Liability Partnership accumulated 157,741 shares or 2.8% of the stock. Axa invested in 0.06% or 70,862 shares. State Farm Mutual Automobile Ins has 61,570 shares for 0.02% of their portfolio. Azimuth Capital Mgmt Ltd Liability Co has 38,190 shares. Northwestern Mutual Wealth Mgmt has 715 shares. Fincl Bank holds 0% of its portfolio in Illumina, Inc. (NASDAQ:ILMN) for 1,527 shares. San Francisco Sentry Invest Group (Ca) reported 230 shares or 0.02% of all its holdings. Susquehanna International Gp Limited Liability Partnership has invested 0.01% in Illumina, Inc. (NASDAQ:ILMN). Lucas Capital Mngmt invested in 0.21% or 1,176 shares. Exane Derivatives has invested 0% of its portfolio in Illumina, Inc. (NASDAQ:ILMN). Everence Management Incorporated owns 1,783 shares. Boston Family Office Limited Company reported 4,429 shares.

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