Carolina Finl New (CARO) Holder Stieven Capital Advisors LP Has Cut Its Stake; As Incyte (INCY) Valuation Rose, Dynamic Capital Management LTD Has Raised Its Stake by $3.04 Million

February 15, 2018 - By Louis Casey

Stieven Capital Advisors Lp decreased its stake in Carolina Finl Corp New (CARO) by 4.41% based on its latest 2017Q3 regulatory filing with the SEC. Stieven Capital Advisors Lp sold 9,421 shares as the company’s stock declined 1.55% while stock markets rallied. The hedge fund held 204,009 shares of the major banks company at the end of 2017Q3, valued at $7.32 million, down from 213,430 at the end of the previous reported quarter. Stieven Capital Advisors Lp who had been investing in Carolina Finl Corp New for a number of months, seems to be less bullish one the $837.11 million market cap company. The stock increased 0.71% or $0.28 during the last trading session, reaching $39.94. About 4,606 shares traded. Carolina Financial Corporation (NASDAQ:CARO) has risen 61.84% since February 15, 2017 and is uptrending. It has outperformed by 45.14% the S&P500.

Dynamic Capital Management Ltd increased its stake in Incyte Corp (INCY) by 563.81% based on its latest 2017Q3 regulatory filing with the SEC. Dynamic Capital Management Ltd bought 26,217 shares as the company’s stock rose 9.08% with the market. The hedge fund held 30,867 shares of the commercial physical & biological resarch company at the end of 2017Q3, valued at $3.60M, up from 4,650 at the end of the previous reported quarter. Dynamic Capital Management Ltd who had been investing in Incyte Corp for a number of months, seems to be bullish on the $17.91B market cap company. The stock decreased 3.74% or $3.3 during the last trading session, reaching $84.87. About 375,621 shares traded. Incyte Corporation (NASDAQ:INCY) has risen 72.84% since February 15, 2017 and is uptrending. It has outperformed by 56.14% the S&P500.

Among 7 analysts covering Carolina Financial Corporation (NASDAQ:CARO), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Carolina Financial Corporation had 27 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, February 2, the company rating was maintained by Brean Capital. The firm has “Buy” rating given on Friday, November 10 by Brean Capital. On Tuesday, June 13 the stock rating was upgraded by Brean Capital to “Buy”. As per Friday, October 20, the company rating was maintained by Brean Capital. The firm earned “Buy” rating on Friday, July 7 by Keefe Bruyette & Woods. The company was maintained on Monday, October 30 by Brean Capital. The company was maintained on Monday, June 12 by Stephens. The company was downgraded on Thursday, April 7 by Raymond James. Keefe Bruyette & Woods maintained the shares of CARO in report on Thursday, December 21 with “Buy” rating. The stock has “Buy” rating by Brean Capital on Wednesday, August 2.

Dynamic Capital Management Ltd, which manages about $932.59M and $348.77 million US Long portfolio, decreased its stake in Amdocs Ltd (NASDAQ:DOX) by 35,555 shares to 11,387 shares, valued at $733,000 in 2017Q3, according to the filing. It also reduced its holding in Anglogold Ashanti Ltd (NYSE:AU) by 103,471 shares in the quarter, leaving it with 43,212 shares, and cut its stake in Csx Corp (NYSE:CSX).

Among 24 analysts covering Incyte (NASDAQ:INCY), 20 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive. Incyte had 75 analyst reports since August 6, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Buy” rating and $16600 target in Monday, June 5 report. Argus Research maintained the shares of INCY in report on Tuesday, August 18 with “Buy” rating. Barclays Capital maintained Incyte Corporation (NASDAQ:INCY) on Wednesday, August 10 with “Overweight” rating. BMO Capital Markets maintained the shares of INCY in report on Tuesday, January 2 with “Buy” rating. The stock of Incyte Corporation (NASDAQ:INCY) has “Overweight” rating given on Thursday, September 3 by JP Morgan. The firm has “Buy” rating given on Friday, August 5 by Suntrust Robinson. On Wednesday, August 2 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by J.P. Morgan on Tuesday, August 1 with “Buy”. BMO Capital Markets initiated the shares of INCY in report on Thursday, April 7 with “Outperform” rating. As per Sunday, June 4, the company rating was maintained by Cowen & Co.

Since August 29, 2017, it had 1 insider buy, and 7 insider sales for $292,287 activity. 20,000 shares valued at $2.80 million were sold by SWAIN PAULA J on Thursday, August 31. 714 shares valued at $88,715 were sold by Flannelly Barry P on Wednesday, September 13. Hoppenot Herve had sold 70,502 shares worth $8.42M on Monday, September 18. The insider Stein Steven H sold 2,111 shares worth $263,875. 3,000 shares were sold by Trower Paul, worth $415,230 on Tuesday, September 5. $250,068 worth of Incyte Corporation (NASDAQ:INCY) was sold by Siegel Eric H. on Friday, September 1.

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 daily email newsletter.





Free Email Newsletter

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