Sessa Capital Im LP Decreased Its Stake in Bristol Myers Squibb Co (BMY) as Stock Price Declined; Hornbeck Offshore Svcs N (HOS) Stock Price Declined While Caspian Capital LP Has Raised Its Position

June 17, 2018 - By Michael Collier

Hornbeck Offshore Services, Inc. (NYSE:HOS) Logo

Caspian Capital Lp increased its stake in Hornbeck Offshore Svcs Inc N (HOS) by 19.09% based on its latest 2018Q1 regulatory filing with the SEC. Caspian Capital Lp bought 191,737 shares as the company’s stock declined 10.88% with the market. The hedge fund held 1.20 million shares of the marine transportation company at the end of 2018Q1, valued at $3.48 million, up from 1.00M at the end of the previous reported quarter. Caspian Capital Lp who had been investing in Hornbeck Offshore Svcs Inc N for a number of months, seems to be bullish on the $119.61M market cap company. The stock decreased 3.63% or $0.12 during the last trading session, reaching $3.19. About 169,616 shares traded. Hornbeck Offshore Services, Inc. (NYSE:HOS) has risen 71.43% since June 17, 2017 and is uptrending. It has outperformed by 58.86% the S&P500. Some Historical HOS News: 02/05/2018 – HORNBECK OFFSHORE 1Q REV. $41.6M, EST. $50.3M; 22/04/2018 – DJ Hornbeck Offshore Services Inc, Inst Holders, 1Q 2018 (HOS); 19/04/2018 SOLUS ALTERNATIVE ASSET MANAGEMENT LP REPORTS 8.94 PCT PASSIVE STAKE IN HORNBECK OFFSHORE SERVICES INC AS OF DEC 31, 2017 – SEC FILING; 14/05/2018 – Royce & Associates Buys New 1.2% Position in Hornbeck Offshore; 20/04/2018 – Report: Developing Opportunities within CymaBay Therapeutics, IAC/InterActiveCorp, Axcelis Technologies, La Quinta, Hornbeck Of; 21/05/2018 – HORNBECK OFFSHORE CLOSED ON $36.6M PURCHASE FROM ARIES MARINE; 02/05/2018 – Hornbeck Offshore 1Q Loss/Shr $1.04; 02/05/2018 – HORNBECK OFFSHORE 1Q LOSS/SHR $1.04, EST. LOSS/SHR 69C

Sessa Capital Im Lp decreased its stake in Bristol Myers Squibb Co (BMY) by 96.14% based on its latest 2018Q1 regulatory filing with the SEC. Sessa Capital Im Lp sold 4.35 million shares as the company’s stock declined 23.11% with the market. The institutional investor held 175,000 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $11.07M, down from 4.53M at the end of the previous reported quarter. Sessa Capital Im Lp who had been investing in Bristol Myers Squibb Co for a number of months, seems to be less bullish one the $89.57 billion market cap company. The stock increased 2.18% or $1.17 during the last trading session, reaching $54.8. About 14.50 million shares traded or 62.77% up from the average. Bristol-Myers Squibb Company (NYSE:BMY) has declined 2.98% since June 17, 2017 and is downtrending. It has underperformed by 15.55% the S&P500. Some Historical BMY News: 11/04/2018 – Rhode Island DoA: Bristol Planning Board Thu, 4/12/2018, 1:00 AM; 12/04/2018 – PFIZER: CITI SEES PFE INCREASING SHARE REPURCHASE PROGRAM TO OFFSET EPS DILUTION FROM HIGHER ANTICIPATED R&D INVESTMENT TO MONETISE CURRENT PIPELINE; 29/05/2018 – Exelixis Announces U.S. FDA Accepts Supplemental New Drug Application for CABOMETYX® (cabozantinib) in Previously Treated; 10/04/2018 – Bristol-Myers at Deutsche Bank Health Care Conference May 9; 17/05/2018 – IPSEN SA IPN.PA – THIS APPROVAL ALLOWS FOR MARKETING OF CABOMETYX (CABOZANTINIB) IN THIS INDICATION IN ALL 28 MEMBER STATES OF EUROPEAN UNION, NORWAY AND ICELAND; 04/04/2018 – Evening Post: BT plan to replace Bristol’s telephone boxes with these modern wifi portals; 09/04/2018 – KEYTRUDA® (PEMBROLIZUMAB) MONOTHERAPY MET PRIMARY ENDPOINT IN; 25/05/2018 – IMFINZI® (Durvalumab) Significantly Improves Overall Survival in the Phase lll Pacific Trial for Unresectable Stage lll Non-Small Cell Lung Cancer; 24/04/2018 – Rhode Island DoA: Bristol Warren Regional School District Tue, 4/24/2018, 6:00 PM; 23/04/2018 – DJ Bristol-Myers Squibb Company, Inst Holders, 1Q 2018 (BMY)

Among 12 analysts covering Hornbeck Offshore (NYSE:HOS), 1 have Buy rating, 3 Sell and 8 Hold. Therefore 8% are positive. Hornbeck Offshore had 20 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Tuesday, February 23 by Barclays Capital. Credit Suisse downgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) on Friday, January 12 to “Underperform” rating. The firm has “Hold” rating given on Wednesday, August 2 by Piper Jaffray. Cowen & Co maintained Hornbeck Offshore Services, Inc. (NYSE:HOS) rating on Wednesday, August 5. Cowen & Co has “Outperform” rating and $25 target. Howard Weil maintained it with “Sector Outperform” rating and $12 target in Friday, February 19 report. The firm has “Equal-Weight” rating given on Wednesday, April 20 by Barclays Capital. The rating was downgraded by Clarkson Platou to “Sell” on Tuesday, March 8. As per Wednesday, May 11, the company rating was upgraded by Stephens. Iberia Capital Partners downgraded Hornbeck Offshore Services, Inc. (NYSE:HOS) on Friday, October 30 to “Sector Perform” rating. The stock of Hornbeck Offshore Services, Inc. (NYSE:HOS) has “Underweight” rating given on Wednesday, March 9 by Stephens.

Investors sentiment increased to 1.17 in 2018 Q1. Its up 0.04, from 1.13 in 2017Q4. It increased, as 5 investors sold HOS shares while 18 reduced holdings. 10 funds opened positions while 17 raised stakes. 22.80 million shares or 0.06% more from 22.79 million shares in 2017Q4 were reported. Tower Research Capital Limited Liability Co (Trc) owns 1,060 shares. Solus Alternative Asset Management Limited Partnership owns 3.28M shares or 1.44% of their US portfolio. Gsa Cap Partners Llp reported 26,241 shares stake. Goldman Sachs Grp Inc has 106,796 shares. Dimensional Fund Advsr LP has invested 0% of its portfolio in Hornbeck Offshore Services, Inc. (NYSE:HOS). Bnp Paribas Arbitrage has invested 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS). Barclays Pcl reported 18,411 shares stake. Sheets Smith Wealth invested in 32,163 shares or 0.02% of the stock. Blackrock Incorporated has 583,083 shares. Raymond James Finance Services Advsr Inc, Florida-based fund reported 26,575 shares. Acadian Asset Mngmt Limited Liability Company, a Massachusetts-based fund reported 198,038 shares. Bluecrest Ltd has 24,393 shares for 0% of their portfolio. Regions reported 2,000 shares or 0% of all its holdings. Dc Advsrs Ltd has invested 1.78% of its portfolio in Hornbeck Offshore Services, Inc. (NYSE:HOS). The New York-based Jane Street Group Incorporated Limited Liability Corporation has invested 0% in Hornbeck Offshore Services, Inc. (NYSE:HOS).

Since April 2, 2018, it had 5 insider purchases, and 0 selling transactions for $99,052 activity. $16,236 worth of Hornbeck Offshore Services, Inc. (NYSE:HOS) shares were bought by STEWART BERNIE W. Shares for $23,348 were bought by HUNT BRUCE W. Meyers Kevin Omar bought $23,270 worth of stock. MELCHER PATRICIA B bought $18,099 worth of stock or 6,013 shares.

Caspian Capital Lp, which manages about $4.79B and $44.77M US Long portfolio, decreased its stake in Tenet Healthcare Corp (NYSE:THC) by 530,900 shares to 394,100 shares, valued at $9.56 million in 2018Q1, according to the filing.

Investors sentiment decreased to 0.83 in Q1 2018. Its down 0.11, from 0.94 in 2017Q4. It dived, as 64 investors sold BMY shares while 573 reduced holdings. 111 funds opened positions while 418 raised stakes. 1.12 billion shares or 1.08% more from 1.11 billion shares in 2017Q4 were reported. Modera Wealth Mngmt Limited Com has 0.08% invested in Bristol-Myers Squibb Company (NYSE:BMY) for 6,420 shares. United American Secs Inc (D B A Uas Asset Management) holds 0.11% or 3,500 shares in its portfolio. Park Natl Oh owns 40,856 shares or 0.15% of their US portfolio. Sumitomo Mitsui Incorporated reported 0.39% in Bristol-Myers Squibb Company (NYSE:BMY). Brookstone Cap accumulated 11,824 shares or 0.07% of the stock. Hanson & Doremus Management reported 36,032 shares. Associated Banc holds 0.46% or 128,032 shares in its portfolio. 5,403 are held by Founders Management Ltd Liability Corporation. Marble Harbor Counsel Limited Liability Co has 7,217 shares. 27,112 are owned by Monarch Cap Mgmt. 225 were reported by Rocky Mountain Advisers Limited Liability Company. State Of Wisconsin Inv Board has invested 0.38% in Bristol-Myers Squibb Company (NYSE:BMY). Pennsylvania Co reported 164,925 shares stake. Cliftonlarsonallen Wealth Ltd reported 0.15% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY). Fiduciary Tru Co has 0.17% invested in Bristol-Myers Squibb Company (NYSE:BMY).

Since April 30, 2018, it had 1 buy, and 0 selling transactions for $249,948 activity.

Analysts await Bristol-Myers Squibb Company (NYSE:BMY) to report earnings on July, 26. They expect $0.87 EPS, up 17.57% or $0.13 from last year’s $0.74 per share. BMY’s profit will be $1.42 billion for 15.75 P/E if the $0.87 EPS becomes a reality. After $0.94 actual EPS reported by Bristol-Myers Squibb Company for the previous quarter, Wall Street now forecasts -7.45% negative EPS growth.

Bristol-Myers Squibb Company (NYSE:BMY) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>