Viking Global Investors LP Has Boosted Nuvasive (NUVA) Holding By $43.16 Million; MVC Capital (MVC) Sentiment Is 1.5

November 15, 2017 - By Stephen Andrade

MVC Capital, Inc. is a non-diversified closed-end management investment company. The company has market cap of $227.82 million. The Company’s investment objective is to seek to maximize total return from

capital appreciation and/or income. It has a 6.65 P/E ratio. The Company’s divisions are its investing activities as a business development company, which includes MVC Cayman and MVC Turf, LLC and MVC Financial Services, Inc. .

Viking Global Investors Lp increased Nuvasive Inc (NUVA) stake by 46.08% reported in 2017Q2 SEC filing. Viking Global Investors Lp acquired 567,931 shares as Nuvasive Inc (NUVA)’s stock declined 4.50%. The Viking Global Investors Lp holds 1.80 million shares with $138.49 million value, up from 1.23 million last quarter. Nuvasive Inc now has $2.87 billion valuation. It closed at $56.29 lastly. It is down 33.31% since November 15, 2016 and is uptrending. It has outperformed by 16.61% the S&P500.

Among 22 analysts covering Nuvasive Inc. (NASDAQ:NUVA), 18 have Buy rating, 1 Sell and 3 Hold. Therefore 82% are positive. Nuvasive Inc. had 60 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, October 25 by BMO Capital Markets. The stock of NuVasive, Inc. (NASDAQ:NUVA) earned “Outperform” rating by Wells Fargo on Wednesday, October 25. Cowen & Co maintained it with “Buy” rating and $83.0 target in Wednesday, September 6 report. The rating was maintained by J.P. Morgan on Wednesday, October 25 with “Buy”. UBS maintained NuVasive, Inc. (NASDAQ:NUVA) rating on Wednesday, August 16. UBS has “Buy” rating and $82.0 target. The firm has “Sell” rating given on Monday, August 28 by Needham. maintained the stock with “Overweight” rating in Monday, October 10 report. As per Friday, July 28, the company rating was maintained by Cowen & Co. The stock of NuVasive, Inc. (NASDAQ:NUVA) earned “Buy” rating by Canaccord Genuity on Monday, September 11. The stock of NuVasive, Inc. (NASDAQ:NUVA) has “Overweight” rating given on Friday, May 27 by Barclays Capital.

Investors sentiment decreased to 1.23 in 2017 Q2. Its down 0.15, from 1.38 in 2017Q1. It turned negative, as 37 investors sold NUVA shares while 82 reduced holdings. 34 funds opened positions while 112 raised stakes. 55.81 million shares or 9.35% more from 51.04 million shares in 2017Q1 were reported. Sg Americas Securities Ltd Liability Company holds 0.01% or 14,919 shares in its portfolio. Tudor Investment Corp Et Al reported 9,816 shares stake. Columbus Circle Investors stated it has 0.25% in NuVasive, Inc. (NASDAQ:NUVA). 1.37 million are held by Alyeska Gru Ltd Partnership. Hanseatic Serv accumulated 14,868 shares or 0.58% of the stock. The Japan-based Nomura Inc has invested 0% in NuVasive, Inc. (NASDAQ:NUVA). Castleark Management Ltd Liability holds 0.46% or 181,491 shares in its portfolio. Millennium Management Limited Liability owns 0.01% invested in NuVasive, Inc. (NASDAQ:NUVA) for 91,060 shares. Northern Corporation holds 0.02% of its portfolio in NuVasive, Inc. (NASDAQ:NUVA) for 837,154 shares. Azimuth Cap Mgmt Lc holds 0.07% of its portfolio in NuVasive, Inc. (NASDAQ:NUVA) for 10,955 shares. Delta Asset Management Limited Co Tn has 100 shares. Employees Retirement Of Ohio holds 0.05% or 115,372 shares in its portfolio. Winslow Evans & Crocker has 0% invested in NuVasive, Inc. (NASDAQ:NUVA). Ghost Tree Capital Ltd Limited Liability Company reported 100,000 shares or 1.6% of all its holdings. Nationwide Fund Advisors holds 0.13% in NuVasive, Inc. (NASDAQ:NUVA) or 406,482 shares.

Since June 7, 2017, it had 0 buys, and 1 sale for $1.18 million activity. 15,000 shares were sold by Miles Patrick, worth $1.18M.

Viking Global Investors Lp decreased Mastercard Incorporated (NYSE:MA) stake by 364,825 shares to 208,496 valued at $25.32 million in 2017Q2. It also reduced Facebook Inc (NASDAQ:FB) stake by 9.58 million shares and now owns 6.19 million shares. Encana Corp (NYSE:ECA) was reduced too.

Wynnefield Capital Inc holds 6.15% of its portfolio in MVC Capital, Inc. for 1.87 million shares. Bulldog Investors Llc owns 1.35 million shares or 3.38% of their US portfolio. Moreover, West Family Investments Inc. has 2.24% invested in the company for 1.08 million shares. The New York-based Arbiter Partners Capital Management Llc has invested 0.23% in the stock. Punch & Associates Investment Management Inc., a Minnesota-based fund reported 245,237 shares.


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