As Garmin LTD (GRMN) Stock Value Rose, Brookstone Capital Management Decreased Its Position by $391,723; Bnp Paribas Investment Partners Sa Has Boosted Its Holding in Dexcom (DXCM) by $7.93 Million as Stock Price Declined

February 15, 2018 - By Kurt Siggers

Brookstone Capital Management decreased its stake in Garmin Ltd (GRMN) by 6.59% based on its latest 2017Q3 regulatory filing with the SEC. Brookstone Capital Management sold 7,391 shares as the company’s stock rose 0.81% with the market. The institutional investor held 104,837 shares of the industrial machinery and components company at the end of 2017Q3, valued at $5.66M, down from 112,228 at the end of the previous reported quarter. Brookstone Capital Management who had been investing in Garmin Ltd for a number of months, seems to be less bullish one the $12.00B market cap company. The stock increased 2.51% or $1.57 during the last trading session, reaching $64. About 1.09 million shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 28.63% since February 15, 2017 and is uptrending. It has outperformed by 11.93% the S&P500.

Bnp Paribas Investment Partners Sa increased its stake in Dexcom Inc (DXCM) by 98.43% based on its latest 2017Q3 regulatory filing with the SEC. Bnp Paribas Investment Partners Sa bought 165,246 shares as the company’s stock declined 17.38% while stock markets rallied. The institutional investor held 333,131 shares of the health care company at the end of 2017Q3, valued at $16.30 million, up from 167,885 at the end of the previous reported quarter. Bnp Paribas Investment Partners Sa who had been investing in Dexcom Inc for a number of months, seems to be bullish on the $4.84B market cap company. The stock increased 1.96% or $1.07 during the last trading session, reaching $55.74. About 922,287 shares traded. DexCom, Inc. (NASDAQ:DXCM) has risen 9.41% since February 15, 2017 and is uptrending. It has underperformed by 7.29% the S&P500.

Brookstone Capital Management, which manages about $975.50M and $1.10 billion US Long portfolio, upped its stake in Ishares Tr (KXI) by 3,298 shares to 12,072 shares, valued at $1.23 million in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IVW) by 27,379 shares in the quarter, for a total of 42,930 shares, and has risen its stake in Pepsico Inc (NYSE:PEP).

Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.25, from 1.12 in 2017Q2. It is positive, as 16 investors sold GRMN shares while 107 reduced holdings. 51 funds opened positions while 118 raised stakes. 74.22 million shares or 4.08% more from 71.31 million shares in 2017Q2 were reported. Voloridge Investment Ltd Llc stated it has 42,414 shares. Walleye Trading Limited Liability Corporation holds 29,401 shares or 0.01% of its portfolio. 4,500 are owned by Summit Secs Gp Ltd Company. Savings Bank Of Montreal Can has 0.02% invested in Garmin Ltd. (NASDAQ:GRMN). Inv Advsrs Ltd Liability Co, Georgia-based fund reported 3,757 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.07% invested in Garmin Ltd. (NASDAQ:GRMN). Legal & General Grp Inc Pcl invested 0.03% in Garmin Ltd. (NASDAQ:GRMN). Comerica State Bank reported 0.02% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Moreover, Atwood & Palmer has 0.01% invested in Garmin Ltd. (NASDAQ:GRMN). Renaissance Tech has invested 0.05% in Garmin Ltd. (NASDAQ:GRMN). Waddell Reed holds 176,443 shares. Prudential Fincl holds 152,662 shares or 0.01% of its portfolio. 17,547 are owned by Nomura Asset Mgmt Ltd. Wellington Mgmt Gp Llp reported 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). State Of Alaska Department Of Revenue invested in 0.06% or 21,450 shares.

Among 16 analysts covering Garmin Ltd. (NASDAQ:GRMN), 3 have Buy rating, 4 Sell and 9 Hold. Therefore 19% are positive. Garmin Ltd. had 30 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Buy” rating by Tigress Financial on Friday, December 15. RBC Capital Markets maintained Garmin Ltd. (NASDAQ:GRMN) rating on Thursday, October 15. RBC Capital Markets has “Outperform” rating and $40 target. The rating was maintained by DA Davidson with “Neutral” on Friday, September 11. Raymond James downgraded the shares of GRMN in report on Monday, August 22 to “Mkt Perform” rating. The firm has “Hold” rating given on Monday, July 31 by Morgan Stanley. As per Tuesday, December 12, the company rating was maintained by Credit Suisse. The rating was upgraded by JP Morgan to “Neutral” on Monday, October 19. The stock has “Hold” rating by Oppenheimer on Wednesday, August 2. Morgan Stanley maintained it with “Equal-Weight” rating and $57 target in Thursday, November 2 report. The company was downgraded on Thursday, August 4 by Bank of America.

Analysts await Garmin Ltd. (NASDAQ:GRMN) to report earnings on February, 28. They expect $0.75 earnings per share, up 2.74% or $0.02 from last year’s $0.73 per share. GRMN’s profit will be $140.63 million for 21.33 P/E if the $0.75 EPS becomes a reality. After $0.75 actual earnings per share reported by Garmin Ltd. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since August 21, 2017, it had 0 buys, and 9 insider sales for $32.36 million activity. Shares for $13.19M were sold by BURRELL JONATHAN. The insider Biddlecombe Sean sold $45,904. 2,073 shares were sold by ETKIND ANDREW R, worth $109,869. $103,455 worth of Garmin Ltd. (NASDAQ:GRMN) was sold by Desbois Patrick on Friday, October 13.

Since August 23, 2017, it had 0 insider purchases, and 11 insider sales for $2.57 million activity. Balo Andrew K also sold $234,441 worth of DexCom, Inc. (NASDAQ:DXCM) shares. Pacelli Steven Robert sold $101,219 worth of stock. Another trade for 6,000 shares valued at $353,092 was made by SAYER KEVIN R on Tuesday, December 12. GREGG TERRANCE H had sold 10,000 shares worth $568,588.

Among 23 analysts covering Dexcom (NASDAQ:DXCM), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Dexcom had 63 analyst reports since August 6, 2015 according to SRatingsIntel. On Thursday, September 28 the stock rating was downgraded by Raymond James to “Market Perform”. Robert W. Baird maintained DexCom, Inc. (NASDAQ:DXCM) rating on Thursday, September 28. Robert W. Baird has “Neutral” rating and $58 target. The firm earned “Underperform” rating on Thursday, January 4 by Northland Capital. The rating was maintained by Wedbush on Thursday, September 28 with “Buy”. Canaccord Genuity maintained DexCom, Inc. (NASDAQ:DXCM) on Thursday, November 2 with “Buy” rating. The firm earned “Equal-Weight” rating on Thursday, September 28 by Barclays Capital. On Thursday, July 13 the stock rating was maintained by Canaccord Genuity with “Buy”. As per Friday, August 7, the company rating was maintained by Piper Jaffray. BMO Capital Markets maintained the shares of DXCM in report on Wednesday, November 1 with “Buy” rating. Jefferies maintained the shares of DXCM in report on Tuesday, August 22 with “Buy” rating.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.39, from 1.36 in 2017Q2. It turned negative, as 59 investors sold DXCM shares while 69 reduced holdings. 31 funds opened positions while 93 raised stakes. 98.30 million shares or 1.76% more from 96.59 million shares in 2017Q2 were reported. Connecticut-based Cubist Systematic Strategies Limited Company has invested 0.01% in DexCom, Inc. (NASDAQ:DXCM). Morgan Stanley owns 2.57M shares. Natixis Asset Mngmt owns 2,960 shares or 0.01% of their US portfolio. Svcs Automobile Association stated it has 0.01% of its portfolio in DexCom, Inc. (NASDAQ:DXCM). Cwm Limited Liability Company invested in 24,946 shares or 0.06% of the stock. Baillie Gifford Company invested 0.36% in DexCom, Inc. (NASDAQ:DXCM). Ftb Advsrs Incorporated reported 0% of its portfolio in DexCom, Inc. (NASDAQ:DXCM). Westfield Cap Mngmt Limited Partnership has 498,450 shares. Moreover, British Columbia Mgmt has 0.01% invested in DexCom, Inc. (NASDAQ:DXCM) for 28,493 shares. Nomura Asset Management invested in 10,900 shares. Sessa Cap Im LP holds 300,000 shares. Sumitomo Mitsui Asset reported 0% in DexCom, Inc. (NASDAQ:DXCM). Tocqueville Asset Mngmt L P, a New York-based fund reported 8,429 shares. Frontier Limited Liability invested 0.3% of its portfolio in DexCom, Inc. (NASDAQ:DXCM). Northern Trust stated it has 0.01% in DexCom, Inc. (NASDAQ:DXCM).

Bnp Paribas Investment Partners Sa, which manages about $11.82 billion US Long portfolio, decreased its stake in Starwood Ppty Tr Inc (NYSE:STWD) by 35,911 shares to 39,594 shares, valued at $860,000 in 2017Q3, according to the filing. It also reduced its holding in Vmware Inc (NYSE:VMW) by 36,815 shares in the quarter, leaving it with 32,552 shares, and cut its stake in Cardinal Health Inc (NYSE:CAH).

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