Bristol Myers Squibb Co (BMY) Stake Maintained by First Commonwealth Financial Corp; As Intercontinentalexchange Group (ICE) Share Price Declined, Cohen Lawrence B Lifted by $563,400 Its Stake

August 12, 2018 - By Margaret Guttierez

Bristol-Myers Squibb Company (NYSE:BMY) Logo

First Commonwealth Financial Corp increased its stake in Bristol Myers Squibb Co (BMY) by 211.8% based on its latest 2018Q1 regulatory filing with the SEC. First Commonwealth Financial Corp bought 7,663 shares as the company’s stock declined 23.11% with the market. The institutional investor held 11,281 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $714,000, up from 3,618 at the end of the previous reported quarter. First Commonwealth Financial Corp who had been investing in Bristol Myers Squibb Co for a number of months, seems to be bullish on the $96.79B market cap company. The stock decreased 0.37% or $0.22 during the last trading session, reaching $59.31. About 3.54 million shares traded. Bristol-Myers Squibb Company (NYSE:BMY) has declined 2.98% since August 12, 2017 and is downtrending. It has underperformed by 15.55% the S&P500. Some Historical BMY News: 06/03/2018 – Bristol-Myers: FDA Approves Supplemental Biologics License Application Updating Opdivo Dosing Schedul; 26/03/2018 – BRISTOL-MYERS SQUIBB CO – CHMP RECOMMENDATION WILL NOW BE REVIEWED BY EUROPEAN COMMISSION; 12/04/2018 – BRISTOL-MYERS SQUIBB & HARVARD REPORT NEW FIBROSIS RESEARCH; 16/05/2018 – PHASE lll IMPOWER150 STUDY SHOWED GENENTECH’S TECENTRIQ AND AVASTIN PLUS CARBOPLATIN AND PACLITAXEL HELPED PEOPLE WITH A SPECIFIC TYPE OF METASTATIC LUNG CANCER LIVE SIGNIFICANTLY LONGER COMPARED TO; 06/04/2018 – STAT Plus: Should Bristol-Myers panic over Incyte’s skin cancer failure?; 27/04/2018 – Advantagene Announces Clinical Trial Collaboration; 22/05/2018 – CBRAIN A/S: UNIVERSITY OF BRISTOL IN PACT W/ CBRAIN; 26/04/2018 – Bristol-Myers 1Q Gross Margin 69.5%; 09/04/2018 – #2 Merck racks up another win in wide-ranging PhIII Keytruda lung cancer study, this time as solo therapy $MRK $BMY; 05/04/2018 – USGS: M 5.2 – 145km NNE of Bristol Island, South Sandwich Islands

Cohen Lawrence B increased its stake in Intercontinentalexchange Group Inc (ICE) by 72.22% based on its latest 2018Q1 regulatory filing with the SEC. Cohen Lawrence B bought 7,825 shares as the company’s stock declined 3.64% with the market. The institutional investor held 18,660 shares of the investment bankers and brokers and service company at the end of 2018Q1, valued at $1.35M, up from 10,835 at the end of the previous reported quarter. Cohen Lawrence B who had been investing in Intercontinentalexchange Group Inc for a number of months, seems to be bullish on the $42.02B market cap company. The stock increased 0.05% or $0.04 during the last trading session, reaching $73.27. About 1.94 million shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 17.24% since August 12, 2017 and is uptrending. It has outperformed by 4.67% the S&P500. Some Historical ICE News: 07/05/2018 – NYSE AMERICAN EQUITIES HAS DECLARED SELF-HELP AGAINST CHX; ROUTING SUSPENDED 9:41:39 ET; 22/05/2018 – Intercontinental Exchange Names Stacey Cunningham as New President of NYSE Group; 29/05/2018 – ICE AGREES TO BUY TMC BONDS; 19/03/2018 – CBOE EDGA U.S. EQUITIES EXCHANGE HAS REVOKED SELF-HELP AGAINST NYSE AMERICAN; 19/03/2018 – CBOE EDGX U.S. EQUITIES EXCHANGE HAS REVOKED SELF-HELP AGAINST NYSE AMERICAN; 19/03/2018 – Silicon Valley firm floats listings plan via ‘Flash Boys’ exchange; 07/05/2018 – NYSE Owner ICE Is Said to Be Working on Bitcoin Trading Platform; 21/05/2018 – NYSE appoints Stacey Cunningham as first female president; 04/04/2018 – Intercontinental Exchange 1Q Total Commodities ADV Rose 4%; 27/03/2018 – Intercontinental Exchange Announces Marketing and Communications Leadership as Kelly Loeffler Prepares to Depart at the End of

Cohen Lawrence B, which manages about $149.10 million US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 3,715 shares to 35,013 shares, valued at $3.85M in 2018Q1, according to the filing. It also reduced its holding in Intel Corp (NASDAQ:INTC) by 20,354 shares in the quarter, leaving it with 160,114 shares, and cut its stake in Edwards Lifesciences Corp (NYSE:EW).

More notable recent Intercontinental Exchange, Inc. (NYSE:ICE) news were published by: Businesswire.com which released: “ICE Data Services Selected as the New Benchmark for Four BlackRock iShares Fixed Income ETFs” on August 06, 2018, also Twst.com with their article: “ICE – IntercontinentalExchange Inc.: NYSE Completes Historic First Half of 2018” published on July 26, 2018, Pehub.com published: “ICE completes Chicago Stock Exchange acquisition” on July 18, 2018. More interesting news about Intercontinental Exchange, Inc. (NYSE:ICE) were released by: Seekingalpha.com and their article: “Intercontinental Exchange (ICE) Q2 2018 Results – Earnings Call Transcript” published on August 02, 2018 as well as Bizjournals.com‘s news article titled: “Chicago Stock Exchange employees laid off, CEO exits after acquisition by NYSE” with publication date: July 31, 2018.

Among 21 analysts covering Intercontinental Exchange (NYSE:ICE), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. Intercontinental Exchange had 72 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ICE in report on Monday, September 18 with “Buy” rating. The firm earned “Buy” rating on Thursday, February 8 by Bank of America. Keefe Bruyette & Woods maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Thursday, February 8 with “Buy” rating. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) earned “Buy” rating by Buckingham Research on Thursday, May 19. On Tuesday, February 20 the stock rating was upgraded by J.P. Morgan to “Buy”. Deutsche Bank maintained it with “Buy” rating and $298.0 target in Friday, January 8 report. The rating was maintained by Deutsche Bank on Friday, April 6 with “Buy”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, May 10. The rating was maintained by Citigroup on Thursday, October 19 with “Neutral”. Jefferies maintained Intercontinental Exchange, Inc. (NYSE:ICE) rating on Tuesday, January 16. Jefferies has “Buy” rating and $87.0 target.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.41, from 1.28 in 2017Q4. It turned negative, as 45 investors sold ICE shares while 258 reduced holdings. 73 funds opened positions while 191 raised stakes. 486.05 million shares or 2.19% less from 496.95 million shares in 2017Q4 were reported. Checchi Cap Advisers Ltd Liability Co has invested 0.06% in Intercontinental Exchange, Inc. (NYSE:ICE). Peapack Gladstone Fincl Corp reported 4,110 shares. Wesbanco State Bank reported 3,875 shares or 0.01% of all its holdings. Third Point Limited Liability Corporation has invested 2.72% in Intercontinental Exchange, Inc. (NYSE:ICE). Twin Focus Cap Prns Lc reported 18,638 shares stake. State Of Tennessee Treasury Department holds 0.09% or 242,427 shares. Kings Point Mgmt holds 94,400 shares. Amica Retiree Medical Tru accumulated 0.17% or 2,711 shares. Smith Asset Mngmt Grp Inc LP holds 150 shares. Moreover, Denver Investment Limited Com has 0.66% invested in Intercontinental Exchange, Inc. (NYSE:ICE). Nomura Asset Mgmt Ltd invested in 105,127 shares. Thompson Siegel & Walmsley Ltd Liability Co holds 0% or 95 shares. Ingalls And Snyder Ltd invested in 98,815 shares or 0.35% of the stock. California-based Hanson Mcclain has invested 0% in Intercontinental Exchange, Inc. (NYSE:ICE). Cortland Assoc Mo reported 7.55% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE).

Investors sentiment decreased to 0.83 in Q1 2018. Its down 0.11, from 0.94 in 2017Q4. It is negative, as 64 investors sold BMY shares while 573 reduced holdings. 111 funds opened positions while 418 raised stakes. 1.12 billion shares or 1.08% more from 1.11 billion shares in 2017Q4 were reported. Perritt Cap Inc holds 0.09% or 5,800 shares. First Allied Advisory Service has 0.19% invested in Bristol-Myers Squibb Company (NYSE:BMY). Reilly Advisors Limited Liability Corporation has 0.02% invested in Bristol-Myers Squibb Company (NYSE:BMY). Ancora Ltd owns 115,507 shares or 0.33% of their US portfolio. Raab And Moskowitz Asset Mgmt Lc accumulated 53,064 shares. 5,009 were reported by Bsw Wealth. Independent Incorporated has 1.14% invested in Bristol-Myers Squibb Company (NYSE:BMY). Hikari Limited, Japan-based fund reported 77,600 shares. Heritage Investors Management Corp accumulated 98,274 shares. Seizert Ptnrs Limited Liability has 0.01% invested in Bristol-Myers Squibb Company (NYSE:BMY). Retirement Of Alabama owns 779,913 shares. Accredited holds 0.29% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY) for 16,830 shares. Sol Cap holds 0.34% of its portfolio in Bristol-Myers Squibb Company (NYSE:BMY) for 18,922 shares. Moreover, American Grp Incorporated has 0.12% invested in Bristol-Myers Squibb Company (NYSE:BMY) for 544,544 shares. Neuberger Berman Limited Liability Corporation stated it has 3.09 million shares or 0.22% of all its holdings.

Since April 30, 2018, it had 1 insider buy, and 0 insider sales for $249,948 activity.

Intercontinental Exchange, Inc. (NYSE:ICE) Institutional Positions Chart

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