Los Angeles Capital Management & Equity Research Has Lowered By $15.93 Million Its First Energy (FE) Position; Biospecifics Tech (BSTC) SI Increased By 5.89%

December 7, 2017 - By Winifred Garcia

Biospecifics Tech Corporation (NASDAQ:BSTC) had an increase of 5.89% in short interest. BSTC’s SI was 131,300 shares in December as released by FINRA. Its up 5.89% from 124,000 shares previously. With

18,600 avg volume, 7 days are for Biospecifics Tech Corporation (NASDAQ:BSTC)’s short sellers to cover BSTC’s short positions. The SI to Biospecifics Tech Corporation’s float is 3.07%. The stock decreased 2.76% or $1.23 during the last trading session, reaching $43.32. About 20,967 shares traded. BioSpecifics Technologies Corp. (NASDAQ:BSTC) has risen 49.91% since December 7, 2016 and is uptrending. It has outperformed by 33.21% the S&P500.

Los Angeles Capital Management & Equity Research Inc decreased First Energy Corp (FE) stake by 21.58% reported in 2017Q2 SEC filing. Los Angeles Capital Management & Equity Research Inc sold 549,476 shares as First Energy Corp (FE)’s stock declined 8.93%. The Los Angeles Capital Management & Equity Research Inc holds 2.00M shares with $58.22 million value, down from 2.55 million last quarter. First Energy Corp now has $14.40B valuation. The stock increased 0.06% or $0.02 during the last trading session, reaching $32.37. About 3.34M shares traded. FirstEnergy Corp. (NYSE:FE) has declined 12.70% since December 7, 2016 and is downtrending. It has underperformed by 29.40% the S&P500.

Investors sentiment decreased to 1.23 in Q2 2017. Its down 0.09, from 1.32 in 2017Q1. It turned negative, as 7 investors sold BioSpecifics Technologies Corp. shares while 28 reduced holdings. 13 funds opened positions while 30 raised stakes. 3.84 million shares or 1.60% less from 3.90 million shares in 2017Q1 were reported. Fin Architects Incorporated invested 0% in BioSpecifics Technologies Corp. (NASDAQ:BSTC). State Common Retirement Fund accumulated 18,519 shares or 0% of the stock. Citigroup stated it has 1,067 shares. Dupont Cap Mgmt, a Delaware-based fund reported 15,316 shares. Minnesota-based Us State Bank De has invested 0% in BioSpecifics Technologies Corp. (NASDAQ:BSTC). New York-based Bnp Paribas Arbitrage Sa has invested 0% in BioSpecifics Technologies Corp. (NASDAQ:BSTC). 22,089 are owned by Morgan Stanley. Strs Ohio has invested 0% in BioSpecifics Technologies Corp. (NASDAQ:BSTC). Sei Invs invested in 0% or 13 shares. Fincl Bank Of Montreal Can has invested 0% in BioSpecifics Technologies Corp. (NASDAQ:BSTC). Rice Hall James And Associates Lc accumulated 161,671 shares or 0.35% of the stock. Moreover, Aqr Cap Mgmt Ltd Liability has 0.01% invested in BioSpecifics Technologies Corp. (NASDAQ:BSTC) for 92,305 shares. Legal & General Plc invested in 1,558 shares. 10,028 were accumulated by California State Teachers Retirement Systems. First Quadrant Lp Ca has 0.01% invested in BioSpecifics Technologies Corp. (NASDAQ:BSTC).

BioSpecifics Technologies Corp., a biopharmaceutical company, engages in the development of an injectable collagenase clostridium histolyticum for multiple indications in the United States. The company has market cap of $311.44 million. The firm offers injectable collagenase for the treatment of DupuytrenÂ’s contracture and PeyronieÂ’s disease under the XIAFLEX brand in Canada and Australia, as well as under XIAPEX brand name in Europe. It has a 27.25 P/E ratio. It also provides injectable collagenase to treat frozen shoulder, cellulite, canine lipoma, lateral hip fat, and plantar fibromatosis, as well as for the treatment of human lipoma and uterine fibroids.

Among 2 analysts covering BioSpecifics Technologies Corp (NASDAQ:BSTC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. BioSpecifics Technologies Corp had 3 analyst reports since March 8, 2016 according to SRatingsIntel. The firm has “Buy” rating by H.C. Wainwright given on Thursday, August 10. The rating was maintained by H.C. Wainwright with “Buy” on Monday, November 13. The firm has “Buy” rating given on Tuesday, March 8 by Rodman & Renshaw.

Among 19 analysts covering FirstEnergy (NYSE:FE), 5 have Buy rating, 1 Sell and 13 Hold. Therefore 26% are positive. FirstEnergy had 66 analyst reports since July 21, 2015 according to SRatingsIntel. Tudor Pickering downgraded FirstEnergy Corp. (NYSE:FE) on Wednesday, October 19 to “Sell” rating. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, November 6 report. The stock of FirstEnergy Corp. (NYSE:FE) earned “Overweight” rating by JP Morgan on Friday, September 11. The stock of FirstEnergy Corp. (NYSE:FE) has “Overweight” rating given on Monday, November 13 by Morgan Stanley. Wells Fargo downgraded the stock to “Market Perform” rating in Tuesday, January 10 report. Goldman Sachs upgraded FirstEnergy Corp. (NYSE:FE) on Friday, March 24 to “Buy” rating. On Friday, July 28 the stock rating was maintained by BMO Capital Markets with “Hold”. RBC Capital Markets downgraded FirstEnergy Corp. (NYSE:FE) on Thursday, December 17 to “Underperform” rating. The rating was downgraded by RBC Capital Markets on Thursday, April 28 to “Sector Perform”. The firm has “Buy” rating by Guggenheim given on Thursday, December 3.

Investors sentiment decreased to 1.21 in Q2 2017. Its down 0.09, from 1.3 in 2017Q1. It worsened, as 45 investors sold FE shares while 146 reduced holdings. 60 funds opened positions while 172 raised stakes. 349.76 million shares or 2.48% more from 341.28 million shares in 2017Q1 were reported. Quantbot Lp holds 0.12% of its portfolio in FirstEnergy Corp. (NYSE:FE) for 42,242 shares. Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 242,034 shares. Cognios Capital Limited Liability Company accumulated 0.89% or 87,308 shares. Bancorporation Of The West, a California-based fund reported 55,664 shares. The Alabama-based Regions Corp has invested 0% in FirstEnergy Corp. (NYSE:FE). Hancock Holdings holds 0.04% of its portfolio in FirstEnergy Corp. (NYSE:FE) for 35,598 shares. Bnp Paribas Asset Mngmt Holdings Sa holds 0.03% or 115,810 shares. Moreover, Parkside Fin Bankshares has 0% invested in FirstEnergy Corp. (NYSE:FE). Arizona State Retirement accumulated 0.04% or 110,001 shares. Cornerstone has invested 0.16% of its portfolio in FirstEnergy Corp. (NYSE:FE). Ontario Teachers Pension Plan Board has invested 0.07% in FirstEnergy Corp. (NYSE:FE). Commonwealth Of Pennsylvania School Empls Retrmt Systems, Pennsylvania-based fund reported 32,967 shares. Point72 Asset LP holds 0.01% or 66,600 shares in its portfolio. Johnson Investment Counsel invested 0.01% of its portfolio in FirstEnergy Corp. (NYSE:FE). Laurion Cap Management LP has 0.02% invested in FirstEnergy Corp. (NYSE:FE) for 142,400 shares.

Analysts await FirstEnergy Corp. (NYSE:FE) to report earnings on February, 20. They expect $0.66 earnings per share, up 73.68% or $0.28 from last year’s $0.38 per share. FE’s profit will be $293.61M for 12.26 P/E if the $0.66 EPS becomes a reality. After $0.97 actual earnings per share reported by FirstEnergy Corp. for the previous quarter, Wall Street now forecasts -31.96% negative EPS growth.

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