Sangamo Therapeutics, Inc. (SGMO) Reaches $18.30 After 6.00% Up Move; Summit Equities Lowered Energy Transfer Prtnrs LP Unit LTD Partn (ETP) Position By $12.13 Million

January 14, 2018 - By Vivian Currie

The stock of Sangamo Therapeutics, Inc. (NASDAQ:SGMO) is a huge mover today! The stock increased 6.71% or $1.15 during the last trading session, reaching $18.3. About 2.27 million shares traded or 61.87% up from the average. Sangamo Therapeutics, Inc. (NASDAQ:SGMO) has risen 29.78% since January 14, 2017 and is uptrending. It has outperformed by 13.08% the S&P500.The move comes after 6 months positive chart setup for the $1.55B company. It was reported on Jan, 14 by Barchart.com. We have $19.40 PT which if reached, will make NASDAQ:SGMO worth $92.82M more.

Summit Equities Inc decreased Energy Transfer Prtnrs LP Unit Ltd Partn (ETP) stake by 1.47% reported in 2017Q3 SEC filing. Summit Equities Inc sold 663 shares as Energy Transfer Prtnrs LP Unit Ltd Partn (ETP)’s stock declined 10.54%. The Summit Equities Inc holds 44,524 shares with $814.34M value, down from 45,187 last quarter. Energy Transfer Prtnrs LP Unit Ltd Partn now has $23.12 billion valuation. The stock increased 1.16% or $0.23 during the last trading session, reaching $20.01. About 8.70 million shares traded or 2.18% up from the average. Energy Transfer Partners, L.P. (NYSE:ETP) has declined 20.28% since January 14, 2017 and is downtrending. It has underperformed by 36.98% the S&P500.

Analysts await Sangamo Therapeutics, Inc. (NASDAQ:SGMO) to report earnings on February, 27. They expect $-0.18 earnings per share, down 28.57% or $0.04 from last year’s $-0.14 per share. After $-0.15 actual earnings per share reported by Sangamo Therapeutics, Inc. for the previous quarter, Wall Street now forecasts 20.00% negative EPS growth.

Investors sentiment decreased to 1.57 in 2017 Q3. Its down 0.02, from 1.59 in 2017Q2. It worsened, as 17 investors sold Sangamo Therapeutics, Inc. shares while 32 reduced holdings. 27 funds opened positions while 50 raised stakes. 51.93 million shares or 2.16% more from 50.83 million shares in 2017Q2 were reported. Eam Investors Limited Liability Corp owns 213,027 shares. Qs Invsts stated it has 0.02% in Sangamo Therapeutics, Inc. (NASDAQ:SGMO). Us Commercial Bank De has invested 0% in Sangamo Therapeutics, Inc. (NASDAQ:SGMO). Ameritas Invest Partners, a Nebraska-based fund reported 5,756 shares. Cookson Peirce & Company reported 46,200 shares. State Board Of Administration Of Florida Retirement reported 61,070 shares. Great West Life Assurance Can accumulated 12,767 shares or 0% of the stock. Michigan-based Comerica Fincl Bank has invested 0% in Sangamo Therapeutics, Inc. (NASDAQ:SGMO). Ubs Asset Mngmt Americas Inc invested 0% in Sangamo Therapeutics, Inc. (NASDAQ:SGMO). Invesco reported 0.01% of its portfolio in Sangamo Therapeutics, Inc. (NASDAQ:SGMO). 34,655 were accumulated by Barclays Pcl. Strs Ohio stated it has 0% in Sangamo Therapeutics, Inc. (NASDAQ:SGMO). Prelude Limited Liability Com reported 0% stake. Macquarie Gp Ltd, a Australia-based fund reported 1,800 shares. Royal Retail Bank Of Canada, Ontario – Canada-based fund reported 11,472 shares.

Among 10 analysts covering Sangamo Biosciences (NASDAQ:SGMO), 7 have Buy rating, 1 Sell and 2 Hold. Therefore 70% are positive. Sangamo Biosciences had 22 analyst reports since August 8, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Piper Jaffray on Wednesday, October 19. Janney Capital downgraded Sangamo Therapeutics, Inc. (NASDAQ:SGMO) on Thursday, August 4 to “Neutral” rating. The stock of Sangamo Therapeutics, Inc. (NASDAQ:SGMO) has “Outperform” rating given on Friday, December 4 by Wells Fargo. Piper Jaffray maintained Sangamo Therapeutics, Inc. (NASDAQ:SGMO) rating on Thursday, August 10. Piper Jaffray has “Hold” rating and $800 target. The stock of Sangamo Therapeutics, Inc. (NASDAQ:SGMO) earned “Neutral” rating by PiperJaffray on Wednesday, October 19. PiperJaffray upgraded Sangamo Therapeutics, Inc. (NASDAQ:SGMO) on Wednesday, November 15 to “Overweight” rating. As per Friday, September 4, the company rating was maintained by Cowen & Co. As per Wednesday, September 2, the company rating was maintained by Wedbush. The rating was reinitiated by Jefferies with “Buy” on Friday, October 23. Jefferies maintained Sangamo Therapeutics, Inc. (NASDAQ:SGMO) on Friday, October 13 with “Buy” rating.

Since August 11, 2017, it had 0 buys, and 6 sales for $1.36 million activity. $85,545 worth of Sangamo Therapeutics, Inc. (NASDAQ:SGMO) was sold by Conner Edward R. on Monday, January 8. 15,000 Sangamo Therapeutics, Inc. (NASDAQ:SGMO) shares with value of $258,894 were sold by Herberts Curt A. III. RINGO WILLIAM R sold $445,597 worth of Sangamo Therapeutics, Inc. (NASDAQ:SGMO) on Wednesday, September 20.

Sangamo Therapeutics, Inc., a clinical stage biopharmaceutical company, focuses on translating ground-breaking science into genomic therapies that transform patients' lives using platform technologies in genome editing, gene therapy, gene regulation, and cell therapy. The company has market cap of $1.55 billion. The companyÂ’s proprietary zinc finger DNA-binding protein technology enables specific genome editing and gene regulation. It currently has negative earnings. The ZFPs could be engineered to make ZFP nucleases (ZFNs), proteins that could be used to specifically modify DNA sequences by adding or knocking out specific genes; and ZFP transcription factors (ZFP TFs), proteins that can be used to turn genes on or off.

Among 21 analysts covering Energy Transfer Partners (NYSE:ETP), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Energy Transfer Partners had 64 analyst reports since August 10, 2015 according to SRatingsIntel. As per Tuesday, May 9, the company rating was upgraded by Credit Suisse. The firm has “Buy” rating given on Monday, August 28 by Jefferies. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 13. BMO Capital Markets maintained it with “Hold” rating and $26.0 target in Thursday, October 12 report. The stock of Energy Transfer Partners, L.P. (NYSE:ETP) earned “Buy” rating by Mizuho on Friday, September 30. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, November 22. The rating was upgraded by Stifel Nicolaus to “Buy” on Tuesday, May 9. On Wednesday, May 11 the stock rating was initiated by Bernstein with “Market Perform”. The firm has “Buy” rating by RBC Capital Markets given on Monday, April 24. On Thursday, February 25 the stock rating was downgraded by Bank of America to “Neutral”.

Analysts await Energy Transfer Partners, L.P. (NYSE:ETP) to report earnings on February, 28. They expect $0.31 earnings per share, up 6.90% or $0.02 from last year’s $0.29 per share. ETP’s profit will be $358.20M for 16.14 P/E if the $0.31 EPS becomes a reality. After $0.33 actual earnings per share reported by Energy Transfer Partners, L.P. for the previous quarter, Wall Street now forecasts -6.06% negative EPS growth.

Summit Equities Inc increased Ishares Core Total Usd Bond Mkt (IUSB) stake by 9,029 shares to 50,577 valued at $2.58B in 2017Q3. It also upped Vanguard Index Fds Sm Cp Val Etf (VBR) stake by 9,924 shares and now owns 171,800 shares. Vanguard Tax Mngd Intl Fd Ftse Dev Mkt Etf (VEA) was raised too.

Investors sentiment increased to 0.5 in 2017 Q3. Its up 0.43, from 0.07 in 2017Q2. It increased, as 12 investors sold ETP shares while 8 reduced holdings. 5 funds opened positions while 5 raised stakes. 41.68 million shares or 23.06% less from 54.16 million shares in 2017Q2 were reported. Management invested in 0.13% or 21,752 shares. Moreover, Adams Asset Advsr Limited Liability has 0.8% invested in Energy Transfer Partners, L.P. (NYSE:ETP). Monroe Fincl Bank Trust Mi owns 250 shares. Old West Inv Mngmt Limited Liability has 89,855 shares for 0.86% of their portfolio. America First Advsrs Ltd Llc holds 0% of its portfolio in Energy Transfer Partners, L.P. (NYSE:ETP) for 675 shares. Essex Services holds 0.2% in Energy Transfer Partners, L.P. (NYSE:ETP) or 45,123 shares. Monetary Mgmt Group accumulated 2,000 shares. Camelot Portfolios Ltd Liability Co reported 0.2% stake. Van Hulzen Asset Mgmt Limited Liability Corp reported 0.08% of its portfolio in Energy Transfer Partners, L.P. (NYSE:ETP). Grassi holds 0.37% of its portfolio in Energy Transfer Partners, L.P. (NYSE:ETP) for 121,488 shares. Tortoise Advsr Lc holds 4.81% in Energy Transfer Partners, L.P. (NYSE:ETP) or 40.24M shares. Focused Wealth Mngmt reported 1,852 shares. Novare Capital Limited Liability holds 0.89% or 276,099 shares. Pinnacle Hldg Limited Liability Corp has invested 0.05% in Energy Transfer Partners, L.P. (NYSE:ETP). The Arizona-based Ironwood Inv Counsel Lc has invested 0.31% in Energy Transfer Partners, L.P. (NYSE:ETP).

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