Franklin Resources Increased By $203.61 Million Its Advance Auto Parts (AAP) Position; Repligen (RGEN)’s Sentiment Is 1.39

June 18, 2018 - By Louis Casey

Repligen Corporation (NASDAQ:RGEN) Logo

Franklin Resources Inc increased Advance Auto Parts Inc (AAP) stake by 50.47% reported in 2018Q1 SEC filing. Franklin Resources Inc acquired 1.73 million shares as Advance Auto Parts Inc (AAP)’s stock rose 8.76%. The Franklin Resources Inc holds 5.14M shares with $609.87M value, up from 3.42 million last quarter. Advance Auto Parts Inc now has $10.18 billion valuation. The stock increased 0.28% or $0.38 during the last trading session, reaching $137.54. About 295,345 shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has declined 5.35% since June 18, 2017 and is downtrending. It has underperformed by 17.92% the S&P500. Some Historical AAP News: ; 22/05/2018 – ADVANCE AUTO PARTS SAYS EFFECTIVE MAY 16, BOARD ABOLISHED STANDING FINANCE COMMITTEE – SEC FILING; 02/04/2018 – Advance Auto Parts CFO Okray to Leave to Join Another Company; 02/04/2018 – Advance Auto Parts Names Jeff Shepherd Interim CFO; 29/03/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Advance Auto Parts, Inc. Shareholders and a Lead Plai; 29/03/2018 – AAP IMPLANTATE AG AAQG.DE – AIMS TO START HUMAN CLINICAL STUDY IN COURSE OF CURRENT FINANCIAL YEAR; 22/05/2018 – Advance Auto Parts 1Q Adj EPS $2.10; 02/04/2018 – ADVANCE AUTO PARTS REPORTS CFO TRANSITION; 02/04/2018 – ADVANCE AUTO PARTS SAYS CFO TOM OKRAY LEAVING CO; 02/04/2018 – Advance Auto Parts CFO Tom Okray to Leave; 02/04/2018 – Advance Auto Parts Announces CFO Transition

Repligen Corp (RGEN) investors sentiment increased to 1.39 in Q1 2018. It’s up 0.13, from 1.26 in 2017Q4. The ratio is better, as 82 active investment managers started new and increased equity positions, while 59 sold and decreased their stock positions in Repligen Corp. The active investment managers in our database now hold: 35.98 million shares, up from 35.19 million shares in 2017Q4. Also, the number of active investment managers holding Repligen Corp in top ten equity positions increased from 0 to 1 for an increase of 1. Sold All: 13 Reduced: 46 Increased: 63 New Position: 19.

Repligen Corporation, a bioprocessing company, focuses on the development, production, and commercialization of products used in the production of antibody therapeutics, recombinant proteins, and vaccines worldwide. The company has market cap of $1.96 billion. It makes various forms of Protein A, a critical component used to purify antibody drugs. It has a 62.42 P/E ratio. The firm also supplies alternating tangential flow system filtration devices and protein cell culture supplements that are used in clinical and commercial stage manufacturing to enhance biologic drug yields.

The stock decreased 0.62% or $0.28 during the last trading session, reaching $44.94. About 53,921 shares traded. Repligen Corporation (RGEN) has risen 11.84% since June 18, 2017 and is uptrending. It has underperformed by 0.73% the S&P500. Some Historical RGEN News: ; 17/05/2018 – Repligen Presenting at Conference May 30; 17/05/2018 – Repligen to Participate in 15th Annual Craig-Hallum Institutional Investor Conference; 17/05/2018 – Dir Ryan Jr Gifts 900 Of Repligen Corp; 28/03/2018 Repligen Closes Above 50-Day Moving Average: Technicals; 08/05/2018 – REPLIGEN CORP RGEN.O SEES FY 2018 REVENUE $182 MLN TO $188 MLN; 08/05/2018 – Repligen 1Q EPS 8c; 08/05/2018 – Repligen Raises FY18 View To Adj EPS 69c-Adj EPS 73c; 08/05/2018 – REPLIGEN FY REV. GUIDANCE RAISED TO $182-$188M, EST. $183.6M; 17/05/2018 – Repligen Forms Golden Cross: Technicals; 19/04/2018 – DJ Repligen Corporation, Inst Holders, 1Q 2018 (RGEN)

Analysts await Repligen Corporation (NASDAQ:RGEN) to report earnings on August, 2. They expect $0.19 EPS, down 5.00% or $0.01 from last year’s $0.2 per share. RGEN’s profit will be $8.30 million for 59.13 P/E if the $0.19 EPS becomes a reality. After $0.17 actual EPS reported by Repligen Corporation for the previous quarter, Wall Street now forecasts 11.76% EPS growth.

More notable recent Repligen Corporation (NASDAQ:RGEN) news were published by: Globenewswire.com which released: “Repligen to Present at Jefferies 2018 Global Healthcare Conference” on May 23, 2018, also Nasdaq.com with their article: “Report: Exploring Fundamental Drivers Behind Matthews International, Raytheon, JetBlue Airways, Repligen, Becton …” published on June 11, 2018, Nasdaq.com published: “Repligen to Present at the William Blair 2018 Growth Stock Conference” on May 30, 2018. More interesting news about Repligen Corporation (NASDAQ:RGEN) were released by: Seekingalpha.com and their article: “Rounds Report: Ocular Rallied While Stellar FDA Due Diligence To Help Antibiotic Innovators” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Focus On E3, IHOP/b And The World Cup” with publication date: June 09, 2018.

Since January 1, 0001, it had 0 insider buys, and 8 selling transactions for $13.05 million activity.

Conestoga Capital Advisors Llc holds 2.22% of its portfolio in Repligen Corporation for 1.60 million shares. Ranger Investment Management L.P. owns 691,422 shares or 1.85% of their US portfolio. Moreover, Pier Capital Llc has 1.32% invested in the company for 213,134 shares. The Minnesota-based Summit Creek Advisors Llc has invested 1.1% in the stock. Palisade Capital Management Llc Nj, a New Jersey-based fund reported 762,044 shares.

Among 29 analysts covering Advance Auto Parts Inc. (NYSE:AAP), 15 have Buy rating, 3 Sell and 11 Hold. Therefore 52% are positive. Advance Auto Parts Inc. had 106 analyst reports since August 5, 2015 according to SRatingsIntel. As per Wednesday, August 9, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Sunday, August 16 by RBC Capital Markets. The stock has “Buy” rating by Zacks on Monday, September 7. RBC Capital Markets maintained Advance Auto Parts, Inc. (NYSE:AAP) on Friday, August 14 with “Outperform” rating. On Wednesday, May 16 the stock rating was downgraded by Credit Suisse to “Hold”. UBS maintained Advance Auto Parts, Inc. (NYSE:AAP) rating on Thursday, August 24. UBS has “Buy” rating and $118.0 target. As per Monday, July 17, the company rating was maintained by Credit Suisse. The rating was initiated by Susquehanna on Friday, August 26 with “Neutral”. Credit Suisse upgraded it to “Buy” rating and $13000 target in Tuesday, May 22 report. Credit Suisse downgraded the shares of AAP in report on Thursday, March 1 to “Hold” rating.

Franklin Resources Inc decreased Bluebird Bio Inc (NASDAQ:BLUE) stake by 305,400 shares to 381,500 valued at $65.14M in 2018Q1. It also reduced Knowles Corp (NYSE:KN) stake by 221,208 shares and now owns 11.47 million shares. Regions Finl Corp New (NYSE:RF) was reduced too.

More notable recent Advance Auto Parts, Inc. (NYSE:AAP) news were published by: Seekingalpha.com which released: “Credit Suisse defends Advance Auto Parts” on May 23, 2018, also Livetradingnews.com with their article: “Advance Auto Parts, Inc. (NYSE:AAP) Stock Worth Watching” published on June 01, 2018, Seekingalpha.com published: “Advance Auto Parts’ (AAP) CEO Tom Greco on Q1 2018 Results – Earnings Call Transcript” on May 22, 2018. More interesting news about Advance Auto Parts, Inc. (NYSE:AAP) were released by: Streetinsider.com and their article: “Pre-Open Movers 05/22: (PLAB) (ACIA) (AAP) Higher; (LBY) (DY) (JCP) Lower (more…)” published on May 22, 2018 as well as Benzinga.com‘s news article titled: “10 Biggest Price Target Changes For Friday” with publication date: June 15, 2018.

Investors sentiment decreased to 1.1 in 2018 Q1. Its down 0.03, from 1.13 in 2017Q4. It dropped, as 39 investors sold AAP shares while 119 reduced holdings. 59 funds opened positions while 115 raised stakes. 76.12 million shares or 4.10% more from 73.12 million shares in 2017Q4 were reported. Champlain Inv Ptnrs Limited Com invested in 0.93% or 724,400 shares. Aviva Public Limited Company has invested 0.03% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Mitsubishi Ufj Tru holds 0.03% or 148,195 shares in its portfolio. Moreover, Eulav Asset has 0.07% invested in Advance Auto Parts, Inc. (NYSE:AAP) for 12,200 shares. Allen Invest Mgmt Ltd Liability reported 519,867 shares or 2.57% of all its holdings. Coatue Ltd Liability Corp, a New York-based fund reported 7,688 shares. Yorktown Mgmt & owns 5,400 shares for 0.19% of their portfolio. Moreover, Whittier Tru Of Nevada has 0% invested in Advance Auto Parts, Inc. (NYSE:AAP). Tensile Cap Management Ltd Liability Company holds 11.05% or 621,657 shares. First Republic Investment Mgmt, California-based fund reported 2,641 shares. Van Hulzen Asset Ltd Liability stated it has 42,227 shares or 1.53% of all its holdings. 397,080 are held by Millennium Limited Com. 6,620 are owned by Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems. 2,197 were accumulated by Boothbay Fund Management Ltd Co. Tt Int reported 0.69% stake.

Repligen Corporation (NASDAQ:RGEN) Institutional Positions Chart

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