Hot Stock in the Spotlight - Mylan (NASDAQ:MYL)

Doris Richards
April 3, 2018

The institutional investor held 10,035 shares of the medical specialities company at the end of 2017Q4, valued at $2.87M, up from 8,238 at the end of the previous reported quarter. The stock increased 3.97% or $1.23 during the last trading session, reaching $32.25. It has underperformed by 3.07% the S&P500.

Menora Mivtachim Holdings Ltd decreased its stake in Mylan N V (MYL) by 39.81% based on its latest 2017Q4 regulatory filing with the SEC. Mirae Asset Global Investments sold 46,970 shares as the company's stock declined 7.44% with the market. The institutional investor held 119,521 shares of the consumer services company at the end of 2017Q4, valued at $3.12 million, down from 133,494 at the end of the previous reported quarter.

USA stocks rallied on Thursday, the last trading day of the month and the quarter, as the technology sector curbed steep declines seen in recent sessions. The stock becomes active when traders or investors changed hands with 4,118,142 shares contrast to the three-month volume average of 5.41M shares. It has underperformed by 16.78% the S&P500.

Investors sentiment increased to 3 in Q4 2017. Its down 0.25, from 1.36 in 2017Q3.

Mylan N.V., (NASDAQ: MYL) exhibits a change of 1.65% during the last trading, with the company's shares hitting the price near 41.17 on active trading volume of 4260085 contrast its three months average trading volume of 5.41M. The ratio between current volume and 3-month average value, also known as Relative volume was observed at 0.76, validating the stock's In Play state. FIL Ltd owned 1.08% of Mylan worth $238,283,000 at the end of the most recent quarter. Mirae Asset Global Invests Limited owns 17,231 shares or 0.01% of their U.S. portfolio.

After looking for stocks with higher betas, we can see that Mylan N.V. (NASDAQ:MYL) has a current beta of 1.33. Van Hulzen Asset Management Limited reported 1.55% of its portfolio in Mylan N.V. (NASDAQ:MYL). It also increased its holding in Kinder Morgan Inc Del (NYSE:KMI) by 38,119 shares in the quarter, for a total of 131,731 shares, and has risen its stake in Vanguard Index Fds (VOO).


MYL has been the subject of a number of recent analyst reports. They expect $1.04 earnings per share, up 11.83% or $0.11 from last year's $0.93 per share. SRI's profit would be $14.09M giving it 13.80 P/E if the $0.50 EPS is correct. After $1.43 actual earnings per share reported by Mylan N.V. for the previous quarter, Wall Street now forecasts -27.27% negative EPS growth.

Shares tracked by the 47-country MSCI index glided 0.86 percent higher, with Facebook Inc, Apple Inc and Google parent Alphabet Inc retaking the market's leadership mantle.

Among 6 analysts covering Stoneridge (NYSE:SRI), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 29% are positive. Stoneridge had 11 analyst reports since July 31, 2015 according to SRatingsIntel. As per Thursday, January 4, the company rating was maintained by Citigroup. Following the completion of the sale, the insider now directly owns 17,054 shares of the company's stock, valued at approximately $750,546.54. The firm earned "Buy" rating on Thursday, January 25 by Susquehanna. The rating was initiated by Goldman Sachs with "Buy" on Tuesday, September 26. The firm has "Hold" rating by Jefferies given on Monday, October 23. RBC Capital Markets maintained the shares of MYL in report on Friday, October 20 with "Hold" rating. The rating was maintained by Mizuho on Monday, October 23 with "Buy".

Since December 15, 2017, it had 0 insider buys, and 8 sales for $37.14 million activity. The shares were sold at an average price of $40.10, for a total value of $6,015,000.00. Herrema Gregory J. sold $7.32 million worth of stock or 33,327 shares. (NASDAQ:FB) shares. The insider Koum Jan sold $221.33 million. Cowen & Co maintained the stock with "Hold" rating in Wednesday, August 9 report. Therefore 68% are positive. They set a "market perform" rating and a $44.00 target price for the company. Bank of America Corp. reaffirmed a "buy" rating and set a $70.00 price target on shares of Mylan in a research note on Wednesday, August 24th. The company has a market capitalization of $21,193.57, a price-to-earnings ratio of 9.03, a P/E/G ratio of 1.31 and a beta of 1.35. (NYSE:HUM) on Friday, March 30 with "Hold" rating. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Eye Catching Stocks: QEP Resources, Inc. UBS maintained the shares of MYL in report on Monday, December 4 with "Buy" rating. Mizuho maintained Thermo Fisher Scientific Inc. (NYSE:MRK) earned "Buy" rating by Bank of America on Tuesday, November 28. BMO Capital Markets has "Buy" rating and $45.0 target. Barclays Capital maintained Thermo Fisher Scientific Inc.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.04, from 0.85 in 2017Q3. It is negative, as 94 investors sold MRK shares while 631 reduced holdings. 69 funds opened positions while 193 raised stakes. Conning reported 15,993 shares stake. Transamerica reported 0% in HCP, Inc. (NYSE:MRK). Glob X has invested 0.01% in Merck & Co., Inc. (NASDAQ:FB) for 5,500 shares. Gulf Intl Fincl Bank (Uk) owns 139,930 shares. Forward Mgmt Limited Liability holds 0.12% or 41,100 shares in its portfolio. Bp Pcl holds 0.25% or 28,000 shares in its portfolio. Moreover, Kcm Investment Advsrs Ltd has 0.02% invested in NVIDIA Corporation (NASDAQ:NVDA) for 1,832 shares. In other words, EPS reveals how profitable a company is on a share owner basis. Lombard Odier Asset Management Europe Ltd purchased a new position in shares of Mylan in the 4th quarter valued at about $209,000. Zooming out to the 50-day, we can see that shares are now trading -3.85% off of that mark. Whale Rock Capital Limited Com owns 266,117 shares or 2.39% of their United States portfolio.

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