Bridges Investment Counsel Has Cut Biogen Com (BIIB) Stake; TE Connectivity Limited (TEL) Shorts Increased By 35.65%

Bridges Investment Counsel Inc decreased Biogen Inc Com (BIIB) stake by 69.44% reported in 2017Q3 SEC filing. Bridges Investment Counsel Inc sold 5,397 shares as Biogen Inc Com (BIIB)’s stock declined 13.45%. The Bridges Investment Counsel Inc holds 2,375 shares with $744,000 value, down from 7,772 last quarter. Biogen Inc Com now has $61.75B valuation. The stock decreased 2.51% or $7.51 during the last trading session, reaching $291.87. About 2.94 million shares traded or 121.59% up from the average. Biogen Inc. (NASDAQ:BIIB) has risen 4.94% since February 19, 2017 and is uptrending. It has underperformed by 11.76% the S&P500.

TE Connectivity Limited (NYSE:TEL) had an increase of 35.65% in short interest. TEL’s SI was 4.72M shares in February as released by FINRA. Its up 35.65% from 3.48 million shares previously. With 1.76 million avg volume, 3 days are for TE Connectivity Limited (NYSE:TEL)’s short sellers to cover TEL’s short positions. The stock increased 0.69% or $0.7 during the last trading session, reaching $102.1. About 1.71 million shares traded. TE Connectivity Ltd. (NYSE:TEL) has risen 29.30% since February 19, 2017 and is uptrending. It has outperformed by 12.60% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.25, from 0.88 in 2017Q2. It increased, as 59 investors sold BIIB shares while 283 reduced holdings. 96 funds opened positions while 292 raised stakes. 181.16 million shares or 0.28% more from 180.66 million shares in 2017Q2 were reported. Finemark State Bank & invested in 0.08% or 3,924 shares. Levin Strategies LP holds 3,728 shares or 0.02% of its portfolio. Dekabank Deutsche Girozentrale holds 0.5% of its portfolio in Biogen Inc. (NASDAQ:BIIB) for 217,152 shares. Hugh Johnson Advisors Ltd Liability Corporation invested 0.56% of its portfolio in Biogen Inc. (NASDAQ:BIIB). Moreover, Jane Street Gru Ltd Liability Corp has 0.02% invested in Biogen Inc. (NASDAQ:BIIB) for 24,322 shares. Brandywine Inv Mngmt Ltd Llc owns 184,793 shares for 0.37% of their portfolio. Moreover, Appleton Prtnrs Ma has 0.18% invested in Biogen Inc. (NASDAQ:BIIB). Royal Financial Bank Of Scotland Gp Pcl reported 1,027 shares or 0.08% of all its holdings. Beech Hill Advsr Inc holds 0.24% or 1,470 shares in its portfolio. 4,000 are held by American Assets Ltd Liability Co. Natixis has invested 0.21% of its portfolio in Biogen Inc. (NASDAQ:BIIB). Terril Brothers holds 57,915 shares or 5.81% of its portfolio. Stratos Wealth Prns has invested 0.13% in Biogen Inc. (NASDAQ:BIIB). Johnson Group reported 0.08% stake. Advantus Capital Management owns 21,580 shares.

Since January 9, 2018, it had 0 insider purchases, and 1 insider sale for $1.92 million activity. 5,832 shares valued at $1.92 million were sold by PANGIA ROBERT W on Tuesday, January 9.

Among 33 analysts covering Biogen Idec Inc. (NASDAQ:BIIB), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. Biogen Idec Inc. has $450 highest and $268 lowest target. $372.67’s average target is 27.68% above currents $291.87 stock price. Biogen Idec Inc. had 113 analyst reports since July 23, 2015 according to SRatingsIntel. Standpoint Research initiated Biogen Inc. (NASDAQ:BIIB) rating on Thursday, January 7. Standpoint Research has “Buy” rating and $360.0 target. The firm has “Hold” rating given on Wednesday, June 14 by Morgan Stanley. BMO Capital Markets downgraded the stock to “Market Perform” rating in Friday, July 24 report. The stock of Biogen Inc. (NASDAQ:BIIB) has “Neutral” rating given on Wednesday, October 25 by UBS. The stock of Biogen Inc. (NASDAQ:BIIB) has “Hold” rating given on Monday, October 30 by Robert W. Baird. Jefferies initiated the shares of BIIB in report on Wednesday, September 9 with “Buy” rating. Deutsche Bank maintained it with “Buy” rating and $373.0 target in Friday, January 26 report. The stock of Biogen Inc. (NASDAQ:BIIB) has “Hold” rating given on Friday, December 9 by Stifel Nicolaus. The firm has “Conviction Buy” rating by Goldman Sachs given on Wednesday, August 16. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, October 25.

Among 12 analysts covering TE Connectivity (NYSE:TEL), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. TE Connectivity had 44 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of TEL in report on Wednesday, January 3 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, January 15. Stifel Nicolaus maintained TE Connectivity Ltd. (NYSE:TEL) rating on Monday, September 4. Stifel Nicolaus has “Buy” rating and $87.0 target. Stifel Nicolaus maintained TE Connectivity Ltd. (NYSE:TEL) on Thursday, January 18 with “Buy” rating. The firm earned “Buy” rating on Wednesday, January 24 by RBC Capital Markets. The firm earned “Neutral” rating on Thursday, January 14 by Longbow. The stock has “Outperform” rating by RBC Capital Markets on Friday, September 25. The firm earned “Buy” rating on Wednesday, January 24 by Robert W. Baird. Cowen & Co maintained the shares of TEL in report on Monday, October 16 with “Buy” rating. The company was maintained on Tuesday, June 27 by RBC Capital Markets.

Since September 1, 2017, it had 0 buys, and 5 selling transactions for $52.16 million activity. On Monday, January 29 CURTIN TERRENCE R sold $14.85 million worth of TE Connectivity Ltd. (NYSE:TEL) or 142,450 shares. 186,033 shares were sold by LYNCH THOMAS J, worth $14.75 million on Friday, September 1. The insider Jenkins John S sold 36,550 shares worth $3.78M.

TE Connectivity Ltd., together with its subsidiaries, engages in the design, manufacture, and sale of connectivity and sensors solutions in the Americas, Europe, the Middle East, Africa, and the Asia–Pacific. The company has market cap of $35.86 billion. The firm operates through three divisions: Transportation Solutions, Industrial Solutions, and Communications Solutions. It has a 29.49 P/E ratio. The Transportation Solutions segment primarily provides terminals and connector systems and components, sensors, and relays, as well as application tooling and wires, and heat shrink tubing for use in the automotive, commercial transportation, and sensor markets.

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