Westend Advisors Cut Gilead Sciences (GILD) Position By $4.26 Billion; Lancaster Colony (LANC) Had 2 Bulls

December 10, 2017 - By Louis Casey

Westend Advisors Llc decreased Gilead Sciences Inc. (GILD) stake by 7.39% reported in 2017Q2 SEC filing. Westend Advisors Llc sold 60,253 shares as Gilead Sciences Inc. (GILD)’s stock declined 8.05%. The Westend Advisors Llc holds 755,465 shares with $53.47 billion value, down from 815,718 last quarter. Gilead Sciences Inc. now has $96.95B valuation. The stock increased 2.06% or $1.5 during the last trading session, reaching $74.22. About 7.91 million shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since December 10, 2016 and is downtrending. It has underperformed by 38.50% the S&P500.

Among 4 analysts covering Lancaster Colony Corporation (NASDAQ:LANC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Lancaster Colony Corporation had 10 analyst reports since August 21, 2015 according to SRatingsIntel. Longbow initiated the stock with “Neutral” rating in Friday, November 4 report. As per Friday, January 29, the company rating was maintained by Wedbush. The rating was maintained by Wedbush on Friday, August 18 with “Buy”. On Friday, April 29 the stock rating was maintained by Wedbush with “Neutral”. The rating was initiated by BB&T Capital with “Buy” on Tuesday, September 1. As per Monday, August 24, the company rating was upgraded by Zacks. BB&T Capital downgraded the shares of LANC in report on Monday, May 9 to “Hold” rating. See Lancaster Colony Corporation (NASDAQ:LANC) latest ratings:

18/08/2017 Broker: Wedbush Rating: Buy Maintain

The stock decreased 0.88% or $1.15 during the last trading session, reaching $130.21. About 87,636 shares traded. Lancaster Colony Corporation (NASDAQ:LANC) has risen 2.30% since December 10, 2016 and is uptrending. It has underperformed by 14.40% the S&P500.

Lancaster Colony Corporation manufactures and markets specialty food products for the retail and foodservice markets in the United States. The company has market cap of $3.57 billion. It offers salad dressings and sauces under the Marzetti, Marzetti Simply Dressed, CardiniÂ’s, and GirardÂ’s brands; vegetable dips and fruit dips under the Marzetti brand; frozen garlic breads under the New York BRAND Bakery, Mamma Bella, and Mamma BellaÂ’s brands; and frozen Parkerhouse style yeast and dinner rolls under the Sister SchubertÂ’s and Mary BÂ’s brands. It has a 32.15 P/E ratio. The firm also provides dry egg noodles under the Inn Maid and Amish Kitchen brands; frozen specialty noodles under the Reames and Aunt ViÂ’s brands; croutons and salad toppings under the New York BRAND Bakery, New York BRAND Bakery Texas Toast, Chatham Village, CardiniÂ’s, Marzetti Simply Dressed, and Marzetti brands; sprouted grain bakery products under the Angelic Bakehouse and Flatzza brands; flatbread wraps and pizza crusts under the Flatout brand; and caviar under the Romanoff brand name.

Investors sentiment increased to 1.43 in 2017 Q2. Its up 0.32, from 1.11 in 2017Q1. It improved, as 21 investors sold Lancaster Colony Corporation shares while 46 reduced holdings. 25 funds opened positions while 71 raised stakes. 13.59 million shares or 1.20% less from 13.75 million shares in 2017Q1 were reported. Proshare Llc has 131,600 shares. Amalgamated Fincl Bank holds 2,720 shares. Comerica Natl Bank accumulated 15,079 shares. State Board Of Administration Of Florida Retirement System holds 4,837 shares. Fdx Advisors owns 2,188 shares. Point72 Asia (Hong Kong) Ltd holds 0% or 14 shares. Weaver C Barksdale & Associate Inc holds 49 shares or 0.01% of its portfolio. 2,370 are held by Ing Groep Nv. Ahl Ptnrs Llp has 0.09% invested in Lancaster Colony Corporation (NASDAQ:LANC) for 34,310 shares. Liberty Mutual Gp Asset Management has 6,991 shares for 0.03% of their portfolio. Ameritas Investment accumulated 12,113 shares. 9,841 are held by Bnp Paribas Arbitrage. 730,573 were reported by Neuberger Berman Group Ltd Liability Corporation. Capstone Asset Mngmt Communication owns 1,832 shares or 0.01% of their US portfolio. Invesco Ltd holds 0.02% or 441,370 shares in its portfolio.

Investors sentiment increased to 0.93 in Q2 2017. Its up 0.02, from 0.91 in 2017Q1. It is positive, as 78 investors sold GILD shares while 538 reduced holdings. 110 funds opened positions while 462 raised stakes. 938.32 million shares or 0.11% more from 937.32 million shares in 2017Q1 were reported. Strs Ohio reported 0.45% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). Dnb Asset Management As reported 0% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). 107,000 were reported by Pacific Heights Asset Management Lc. Pillar Pacific Mngmt Limited Liability Corp holds 1.01% or 104,809 shares. Bremer Trust Natl Association accumulated 0.12% or 6,156 shares. Boston Family Office Ltd Liability has invested 0.99% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). Comml Bank Of Nova Scotia holds 0.11% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD) for 296,803 shares. Parkside Financial Bank And holds 0.01% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD) for 472 shares. 34,949 were accumulated by Oarsman Capital. Chatham Cap has 0.08% invested in Gilead Sciences, Inc. (NASDAQ:GILD). Beech Hill Advisors stated it has 0.27% in Gilead Sciences, Inc. (NASDAQ:GILD). Parametric Port Assocs Limited Liability Corp accumulated 3.14M shares or 0.27% of the stock. Canandaigua Bancorp Communications reported 35,386 shares stake. North Point Portfolio Managers Corporation Oh reported 204,885 shares stake. Lmr Ptnrs Llp reported 0.03% stake.

Westend Advisors Llc increased Ishares Iboxx $ Invest. Grade Corp Bd Etf (LQD) stake by 10,286 shares to 43,359 valued at $5.23B in 2017Q2. It also upped Consumer Staples Select Sector Spdr Fund (XLP) stake by 27,844 shares and now owns 102,453 shares. Ishares U.S. Financial Srvcs (IYG) was raised too.

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