Verizon Communications (VZ) Shareholder Ftb Advisors Has Trimmed Position as Shares Declined; Intrexon (XON) Holder Lagoda Investment Management LP Trimmed Its Stake

February 23, 2018 - By Kurt Siggers

Ftb Advisors Inc decreased its stake in Verizon Communications (VZ) by 74.88% based on its latest 2017Q3 regulatory filing with the SEC. Ftb Advisors Inc sold 92,231 shares as the company’s stock declined 7.66% while stock markets rallied. The institutional investor held 30,946 shares of the telecommunications equipment company at the end of 2017Q3, valued at $1.53 million, down from 123,177 at the end of the previous reported quarter. Ftb Advisors Inc who had been investing in Verizon Communications for a number of months, seems to be less bullish one the $196.67B market cap company. The stock increased 0.72% or $0.345 during the last trading session, reaching $48.215. About 19.15M shares traded or 7.25% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since February 23, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Lagoda Investment Management Lp decreased its stake in Intrexon Corp (XON) by 14.74% based on its latest 2017Q3 regulatory filing with the SEC. Lagoda Investment Management Lp sold 31,125 shares as the company’s stock rose 0.26% with the market. The institutional investor held 180,007 shares of the commercial physical & biological resarch company at the end of 2017Q3, valued at $3.42M, down from 211,132 at the end of the previous reported quarter. Lagoda Investment Management Lp who had been investing in Intrexon Corp for a number of months, seems to be less bullish one the $1.70B market cap company. The stock increased 4.15% or $0.53 during the last trading session, reaching $13.3. About 783,084 shares traded. Intrexon Corporation (NYSE:XON) has declined 10.60% since February 23, 2017 and is downtrending. It has underperformed by 27.30% the S&P500.

Since January 19, 2018, it had 1 insider purchase, and 0 selling transactions for $12.50 million activity.

Investors sentiment increased to 1.2 in 2017 Q3. Its up 0.34, from 0.86 in 2017Q2. It improved, as 29 investors sold XON shares while 30 reduced holdings. 17 funds opened positions while 54 raised stakes. 92.42 million shares or 5.79% less from 98.10 million shares in 2017Q2 were reported. Advisors Asset Mngmt invested in 0% or 14,806 shares. Landscape Mngmt Limited Liability Com accumulated 27,182 shares or 0.05% of the stock. First Trust Lp has invested 0.08% in Intrexon Corporation (NYSE:XON). Deutsche Bancshares Ag reported 0% stake. Macquarie Group, a Australia-based fund reported 35,995 shares. Cwm Limited Liability Corp holds 0.03% of its portfolio in Intrexon Corporation (NYSE:XON) for 36,143 shares. California State Teachers Retirement Systems reported 97,813 shares stake. Thompson Siegel And Walmsley Ltd stated it has 150 shares. Group One Trading LP invested in 152,555 shares. 158,089 were accumulated by Commonwealth Equity Service. Carroll Assocs Inc reported 0% of its portfolio in Intrexon Corporation (NYSE:XON). Cap Inc Ok invested in 0.25% or 215,921 shares. Millennium Limited Liability Company stated it has 0.01% in Intrexon Corporation (NYSE:XON). Moreover, Bnp Paribas Arbitrage Sa has 0% invested in Intrexon Corporation (NYSE:XON) for 28,591 shares. Private Advisor Grp Limited Liability Com reported 38,596 shares.

Lagoda Investment Management Lp, which manages about $725.00M and $276.68 million US Long portfolio, upped its stake in T2 Biosystems Inc (NASDAQ:TTOO) by 1.21 million shares to 3.19M shares, valued at $13.39 million in 2017Q3, according to the filing. It also increased its holding in Ptc Inc (NASDAQ:PTC) by 8,510 shares in the quarter, for a total of 135,038 shares, and has risen its stake in Regeneron Pharmaceuticals (NASDAQ:REGN).

Analysts await Intrexon Corporation (NYSE:XON) to report earnings on March, 7. They expect $-0.31 EPS, down 19.23% or $0.05 from last year’s $-0.26 per share. After $-0.20 actual EPS reported by Intrexon Corporation for the previous quarter, Wall Street now forecasts 55.00% negative EPS growth.

Among 7 analysts covering Intrexon (NYSE:XON), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Intrexon had 17 analyst reports since July 27, 2015 according to SRatingsIntel. Wunderlich maintained the stock with “Buy” rating in Monday, July 27 report. The company was maintained on Wednesday, April 5 by Stifel Nicolaus. The firm earned “Buy” rating on Thursday, October 5 by Northland Capital. The stock of Intrexon Corporation (NYSE:XON) has “Buy” rating given on Monday, October 19 by Wunderlich. Stifel Nicolaus initiated Intrexon Corporation (NYSE:XON) on Monday, September 21 with “Buy” rating. As per Thursday, December 29, the company rating was initiated by Northland Capital. The firm has “Neutral” rating given on Wednesday, November 11 by Mizuho. The stock has “Neutral” rating by Mizuho on Monday, January 25. The firm has “Buy” rating by Northland Capital given on Monday, August 7. The stock has “Overweight” rating by JP Morgan on Tuesday, August 11.

Among 28 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 21 Hold. Therefore 25% are positive. Verizon Communications Inc. had 74 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by SunTrust on Tuesday, January 23. Wells Fargo upgraded Verizon Communications Inc. (NYSE:VZ) on Monday, November 20 to “Outperform” rating. RBC Capital Markets maintained it with “Hold” rating and $50.0 target in Sunday, September 17 report. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Sector Weight” rating by KeyBanc Capital Markets on Tuesday, January 2. On Wednesday, January 24 the stock rating was maintained by RBC Capital Markets with “Hold”. On Wednesday, October 11 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. HSBC downgraded the stock to “Hold” rating in Thursday, December 14 report. The stock of Verizon Communications Inc. (NYSE:VZ) has “Buy” rating given on Friday, October 20 by Bank of America. The rating was maintained by Jefferies on Friday, October 6 with “Hold”. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, January 25.

Ftb Advisors Inc, which manages about $3.88B and $970.40 million US Long portfolio, upped its stake in First Horizon National Corp (NYSE:FHN) by 66,582 shares to 415,173 shares, valued at $7.95M in 2017Q3, according to the filing. It also increased its holding in Raytheon Company (NYSE:RTN) by 8,099 shares in the quarter, for a total of 13,549 shares, and has risen its stake in Vanguard Mid (VOT).

Since August 28, 2017, it had 0 insider purchases, and 4 selling transactions for $436,322 activity. SILLIMAN CRAIG L. also sold $29,677 worth of Verizon Communications Inc. (NYSE:VZ) shares.

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