Piedmont Investment Advisors Lowered Its Simon Ppty Group New Com (SPG) Position; Ironwood Pharmaceuticals (IRWD) Sentiment Is 1.31

November 14, 2017 - By Linda Rogers

Piedmont Investment Advisors Llc decreased Simon Ppty Group Inc New Com (SPG) stake by 48.69% reported in 2017Q2 SEC filing. Piedmont Investment Advisors Llc sold 63,036 shares as Simon Ppty Group Inc

New Com (SPG)’s stock declined 12.82%. The Piedmont Investment Advisors Llc holds 66,439 shares with $10.75 million value, down from 129,475 last quarter. Simon Ppty Group Inc New Com now has $51.58 billion valuation. The stock rose 0.56% or $0.89 reaching $161.2. About 532,808 shares traded. Simon Property Group Inc (NYSE:SPG) has declined 18.56% since November 14, 2016 and is downtrending. It has underperformed by 35.26% the S&P500.

Ironwood Pharmaceuticals, Inc. is a biotechnology company. The company has market cap of $2.24 billion. The Firm is advancing product opportunities in areas of unmet need, including irritable bowel syndrome with constipation , and chronic idiopathic constipation (CIC), hyperuricemia associated with uncontrolled gout, uncontrolled gastroesophageal reflux disease (uncontrolled GERD), and vascular and fibrotic diseases. It currently has negative earnings. It operates in human therapeutics business segment.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $56,896 activity.

Ecor1 Capital Llc holds 12.58% of its portfolio in Ironwood Pharmaceuticals, Inc. for 3.75 million shares. Blue Jay Capital Management Llc owns 470,000 shares or 6.05% of their US portfolio. Moreover, Sector Gamma As has 5.03% invested in the company for 1.83 million shares. The Maryland-based Brown Capital Management Llc has invested 1.44% in the stock. Bridger Management Llc, a New York-based fund reported 1.14 million shares.

Ratings analysis reveals 25% of Ironwood Pharma’s analysts are positive. Out of 4 Wall Street analysts rating Ironwood Pharma, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $13.0 while the high is $19.0. The stock’s average target of $16.25 is 8.77% above today’s ($14.94) share price. IRWD was included in 4 notes of analysts from September 27, 2016. The firm earned “Equal Weight” rating on Wednesday, February 22 by Barclays Capital. The stock of Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) earned “Neutral” rating by Wedbush on Monday, October 24. The stock has “Buy” rating by Mizuho on Monday, October 10. WallachBeth Capital maintained it with “Hold” rating and $17.0 target in Tuesday, September 27 report.

Analysts await Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) to report earnings on February, 20. They expect $-0.22 earnings per share, down 83.33% or $0.10 from last year’s $-0.12 per share. After $-0.18 actual earnings per share reported by Ironwood Pharmaceuticals, Inc. for the previous quarter, Wall Street now forecasts 22.22% negative EPS growth.

About 144,275 shares traded. Ironwood Pharmaceuticals, Inc. (IRWD) has risen 57.40% since November 14, 2016 and is uptrending. It has outperformed by 40.70% the S&P500.

Piedmont Investment Advisors Llc increased Intuitive Surgical Inc Com New (NASDAQ:ISRG) stake by 7,702 shares to 8,406 valued at $7.86M in 2017Q2. It also upped Convergys Corp Com (NYSE:CVG) stake by 25,364 shares and now owns 83,777 shares. Pnm Res Inc Com (NYSE:PNM) was raised too.

Among 18 analysts covering Simon Property Group (NYSE:SPG), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Simon Property Group had 59 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 10 by RBC Capital Markets. The firm has “Outperform” rating given on Tuesday, July 28 by RBC Capital Markets. The rating was maintained by Citigroup on Friday, April 1 with “Buy”. On Friday, June 16 the stock rating was maintained by Jefferies with “Buy”. The company was maintained on Tuesday, November 1 by RBC Capital Markets. The stock of Simon Property Group Inc (NYSE:SPG) has “Buy” rating given on Friday, November 13 by Argus Research. The stock of Simon Property Group Inc (NYSE:SPG) earned “Overweight” rating by Barclays Capital on Tuesday, August 8. The stock of Simon Property Group Inc (NYSE:SPG) has “Hold” rating given on Friday, October 27 by SunTrust. The stock of Simon Property Group Inc (NYSE:SPG) earned “Hold” rating by Evercore on Monday, November 16. BMO Capital Markets initiated the shares of SPG in report on Monday, September 11 with “Buy” rating.

Investors sentiment is 0.76 in Q2 2017. Its the same as in 2017Q1. It is flat, as 65 investors sold SPG shares while 244 reduced holdings. only 62 funds opened positions while 173 raised stakes. 298.66 million shares or 0.53% less from 300.27 million shares in 2017Q1 were reported. Lazard Asset Mgmt Ltd Limited Liability Company reported 0.1% in Simon Property Group Inc (NYSE:SPG). The New York-based Eii Capital Management has invested 2.38% in Simon Property Group Inc (NYSE:SPG). Nikko Asset Mgmt Americas reported 3,800 shares. Goldman Sachs Inc owns 4.47M shares for 0.19% of their portfolio. Hamel Assoc has invested 0.55% in Simon Property Group Inc (NYSE:SPG). Resolution Cap holds 9.81% or 1.27M shares. Highland Ltd Liability Corp has 0.04% invested in Simon Property Group Inc (NYSE:SPG). Sei Invests stated it has 647,165 shares. Art Advisors Ltd Liability Corp holds 0.64% of its portfolio in Simon Property Group Inc (NYSE:SPG) for 74,200 shares. First Personal Financial Services holds 580 shares. Cambridge Investment Research Advsrs Inc reported 3,212 shares. Bradley Foster And Sargent Ct holds 0.02% or 2,646 shares in its portfolio. Marshall Wace Llp accumulated 4,348 shares. Washington Tru Commerce owns 1,455 shares. Profund, Maryland-based fund reported 19,657 shares.

Analysts await Simon Property Group Inc (NYSE:SPG) to report earnings on January, 30. They expect $3.13 EPS, up 7.56% or $0.22 from last year’s $2.91 per share. SPG’s profit will be $1.00 billion for 12.88 P/E if the $3.13 EPS becomes a reality. After $2.89 actual EPS reported by Simon Property Group Inc for the previous quarter, Wall Street now forecasts 8.30% EPS growth.

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