Pacira Pharmaceuticals (NASDAQ:PCRX) Downgraded by BidaskClub

Lloyd Doyle
January 19, 2018

Wellington Shields Capital Management Llc acquired 25,000 shares as Main Street Capital Corp (MAIN)'s stock rose 2.44%.

Daruma Capital Management Llc, which manages about $2.31B and $1.60B US Long portfolio, decreased its stake in Wex Inc (NYSE:WEX) by 10,329 shares to 459,160 shares, valued at $51.53M in 2017Q3, according to the filing. About 5.10 million shares traded.

Shares of Pacira Pharmaceuticals (NASDAQ:PCRX) opened at 39.45 on Monday. It has outperformed by 488.43% the S&P500. Oppenheimer Asset Management Inc. purchased a new position in Pacira Pharmaceuticals in the 2nd quarter worth about $114,000. Westover Capital Advisors Llc sold 10,121 shares as the company's stock declined 1.46% while stock markets rallied. The company's stock had a trading volume of 1,031,870 shares, compared to its average volume of 995,789. Goldman Sachs Group initiated coverage on shares of Pacira Pharmaceuticals in a report on Thursday, September 28th. About 233,176 shares traded. It has underperformed by 4.30% the S&P500.

Since August 15, 2017, it had 0 buys, and 4 insider sales for $1.23 million activity. (NASDAQ:PCRX). 79 are owned by Glenmede Trust Comm Na. $344,870 worth of Citigroup Inc. (NASDAQ:PCRX) was sold by STACK DAVID M. 3,461 shares were sold by Williams Kristen Marie, worth $127,192. The insider Riker Lauren Bullaro sold 340 shares worth $14,858.

Investors sentiment decreased to 1.39 in Q3 2017. After $0.06 actual earnings per share reported by Southwestern Energy Company for the previous quarter, Wall Street now forecasts 133.33% EPS growth. (NASDAQ:PCRX). Hodges Mgmt Inc reported 7,000 shares. Boston Private Wealth Limited owns 6,650 shares for 0.01% of their portfolio.

Pacira Pharmaceuticals (PCRX) opened at $40.30 on Friday. The firm has "Buy" rating by Piper Jaffray given on Wednesday, November 8. The hedge fund held 19,958 shares of the major banks company at the end of 2017Q3, valued at $183,000, down from 55,662 at the end of the previous reported quarter. The Illinois-based Citadel Advsrs Limited Liability Corp has invested 0% in Pacira Pharmaceuticals, Inc. (NASDAQ:PCRX) for 58,230 shares. Granahan Investment Ma holds 0.53% or 168,464 shares in its portfolio. Elk Creek Prtnrs Limited owns 612,049 shares for 1.45% of their portfolio. Nationwide Fund Advisors has 0.01% invested in Pacira Pharmaceuticals, Inc. (NASDAQ:PCRX) or 203,400 shares. Td Mngmt holds 0% or 75 shares. Advisory Svcs Ntwk Ltd Liability Corporation invested in 0% or 170 shares. Guggenheim Capital Lc invested 0.01% of its portfolio in Pacira Pharmaceuticals, Inc. Therefore 62% are positive.

Ratings analysis reveals 71% of Pacira Pharma's analysts are positive. The firm has "Buy" rating by Wedbush given on Monday, August 7. (NASDAQ:PCRX) earned "Underperform" rating by BMO Capital Markets on Wednesday, June 29. The firm has "Equal-Weight" rating by Barclays Capital given on Wednesday, October 25.

COPYRIGHT VIOLATION NOTICE: "Pacira Pharmaceuticals' (NASDAQ:PCRX) "Buy" Rating Reaffirmed at Wedbush" was published by TrueBlueTribune and is the sole property of of TrueBlueTribune. Wedbush restated an outperform rating and set a $109.00 price objective on shares of Pacira Pharmaceuticals in a research note on Wednesday, September 21st.

Rice Hall James & Associates Llc increased its stake in Pacira Pharmaceuticals Inc. (NASDAQ:PCRX) has "Buy" rating given on Tuesday, July 25 by Mizuho. Liberum Capital has "Buy" rating and GBX 120 target. As per Wednesday, November 29, the company rating was maintained by Canaccord Genuity. On Monday, May 29 the stock rating was maintained by Canaccord Genuity with "Buy". S&Co Inc who had been investing in Schlumberger Ltd Nv Com for a number of months, seems to be less bullish one the $108.19 billion market cap company. Citigroup Inc. had 108 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, January 3 the stock rating was initiated by H.C. Wainwright with "Buy". Keefe Bruyette & Woods maintained the stock with "Hold" rating in Friday, May 26 report. Edwards Lifesciences Corporation (NYSE:EW) has risen 15.41% since January 16, 2017 and is uptrending. The company was maintained on Wednesday, November 29 by Canaccord Genuity. As per Tuesday, February 14, the company rating was upgraded by KeyBanc Capital Markets. The company was maintained on Wednesday, June 21 by Wedbush. The firm has "Buy" rating given on Thursday, October 19 by Needham. The rating was downgraded by National Securities on Tuesday, December 13 to "Sell". The firm earned "Hold" rating on Friday, December 2 by Tudor Pickering.

Investors sentiment is 0.88 in 2017 Q3. Its up 0.12, from 0.97 in 2017Q2. (NASDAQ:PCRX). Trexquant Invest LP invested in 5,584 shares. California Pub Employees Retirement Sys has 122,673 shares. Adirondack Tru accumulated 1,365 shares. Sei stated it has 140,933 shares or 0.05% of all its holdings. Peak6 Investments Ltd Partnership holds 0% in OFG Bancorp (NYSE:OFG) or 10,946 shares. Electron Capital Prns Ltd has 1.62 million shares. Cambridge Investment Research Advsr reported 88,465 shares. Intll Gru reported 26,346 shares or 0% of all its holdings. Ubs Asset Mngmt Americas Incorporated accumulated 24,464 shares. Bokf Na holds 26,665 shares. Iowa-based Pecaut Communications has invested 2.65% in Wyndham Worldwide Corporation (NYSE:WYN). Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own. Deutsche Fincl Bank Ag holds 714,264 shares or 0% of its portfolio. Peoples has invested 0.31% in Exelon Corporation (NYSE:EXC). Point72 Asia (Hong Kong) Ltd reported 110 shares. It also upped Zions Bancorporation (NASDAQ:ZIONW) stake by 27,100 shares and now owns 2.24M shares. It also increased its holding in Ishares Floating Rate Bond E (FLOT) by 20,449 shares in the quarter, for a total of 213,380 shares, and has risen its stake in Transcanada Corp (NYSE:TRP).

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