D-E Shaw & Company Increases Stake in Masimo (MASI); Davita Com (DVA) Holder Pggm Investments Has Trimmed Position by $5.70 Million as Valuation Declined

August 12, 2018 - By Mark Babin

DaVita Inc. (NYSE:DVA) Logo

Pggm Investments decreased its stake in Davita Inc Com (DVA) by 50% based on its latest 2018Q1 regulatory filing with the SEC. Pggm Investments sold 87,646 shares as the company’s stock declined 7.63% with the market. The institutional investor held 87,654 shares of the hospital and nursing management company at the end of 2018Q1, valued at $5.78 million, down from 175,300 at the end of the previous reported quarter. Pggm Investments who had been investing in Davita Inc Com for a number of months, seems to be less bullish one the $11.98 billion market cap company. The stock decreased 1.18% or $0.86 during the last trading session, reaching $71.79. About 773,102 shares traded. DaVita Inc. (NYSE:DVA) has risen 2.44% since August 12, 2017 and is uptrending. It has underperformed by 10.13% the S&P500. Some Historical DVA News: 13/03/2018 – DAVITA – CO CONTINUES TO EXPECT THAT PENDING DEAL WITH OPTUM WILL CLOSE IN 2018; 10/04/2018 – Frazier Healthcare Partners Closes Oversubscribed $780 Million Growth Buyout Fund; 13/03/2018 – DaVita Inc.: Will Continue to Work ‘Diligently and Cooperatively’ with FTC on Revie; 11/05/2018 – BERKSHIRE HATHAWAY INC PREVIOUSLY REPORTED 20.2 PCT STAKE IN DAVITA INC AS OF AUGUST 1, 2017; 20/04/2018 – DaVita Medical Insights Podcast Celebrates a Year of Physician-Led Discussions about Kidney Health; 06/03/2018 DaVita Celebrates National Nutrition Month with Online Kidney Diet Re; 03/05/2018 – DaVita 1Q EPS 98c; 03/05/2018 – DAVITA 1Q NET REV. $2.85B, EST. $2.78B; 17/04/2018 – MOODY’S: HEALTHCARE QUARTERLY LOOKS AT CREDIT IMPACT OF PLANNED MERGERS IN US HEALTHCARE; 20/03/2018 – Social Workers Play Vital Role in Patients’ Overall Health

D-E Shaw & Company Inc increased its stake in Masimo Corp (MASI) by 36.11% based on its latest 2018Q1 regulatory filing with the SEC. D-E Shaw & Company Inc bought 32,953 shares as the company’s stock rose 15.74% while stock markets declined. The hedge fund held 124,217 shares of the electromedical & electrotherapeutic apparatus company at the end of 2018Q1, valued at $10.92M, up from 91,264 at the end of the previous reported quarter. D-E Shaw & Company Inc who had been investing in Masimo Corp for a number of months, seems to be bullish on the $5.72 billion market cap company. The stock increased 0.52% or $0.57 during the last trading session, reaching $109.63. About 317,598 shares traded. Masimo Corporation (NASDAQ:MASI) has risen 13.15% since August 12, 2017 and is uptrending. It has outperformed by 0.58% the S&P500. Some Historical MASI News: 07/05/2018 – Masimo SET® Pulse Oximetry Helps Form Basis of Utah Senate Resolution on Postoperative Oxygen Saturation Home Monitoring for; 01/05/2018 – Masimo O3® Regional Oximetry and SedLine® Brain Function Monitoring Power Two Investigations into Postoperative Delirium; 02/05/2018 – MASIMO SEES FY EPS $2.88, EST. $2.81; 23/04/2018 – Investor Expectations to Drive Momentum within CVB Financial, New Senior Investment Group, EXTRACTION O&G, Masimo, Timken Steel; 02/05/2018 – MASIMO 1Q ADJ EPS 75C, EST. 69C; 02/04/2018 – Masimo Announces UniView™; 02/05/2018 – Masimo 1Q Net $45.6M; 07/05/2018 – Masimo SET® Pulse Oximetry Helps Form Basis of Utah Senate Resolution on Postoperative Oxygen Saturation Home Monitoring for Patients Prescribed Opioids; 07/05/2018 – Robeco Institutional Asset Mgmt Exits Position in Masimo; 10/04/2018 – Masimo Announces CE Marking of Rad-97™ Pulse CO-Oximeter® with Integrated NomoLine™ Capnography

Analysts await DaVita Inc. (NYSE:DVA) to report earnings on November, 6. They expect $0.94 EPS, up 16.05% or $0.13 from last year’s $0.81 per share. DVA’s profit will be $156.89M for 19.09 P/E if the $0.94 EPS becomes a reality. After $1.05 actual EPS reported by DaVita Inc. for the previous quarter, Wall Street now forecasts -10.48% negative EPS growth.

More recent DaVita Inc. (NYSE:DVA) news were published by: Bizjournals.com which released: “DaVita Inc. divests pharmacy assets to Walgreens” on July 30, 2018. Also Fool.com published the news titled: “NxStage Just Got This Vital Lifeline” on August 10, 2018. Seekingalpha.com‘s news article titled: “DaVita (DVA) Q2 2018 Results – Earnings Call Transcript” with publication date: August 02, 2018 was also an interesting one.

Among 13 analysts covering DaVita (NYSE:DVA), 5 have Buy rating, 3 Sell and 5 Hold. Therefore 38% are positive. DaVita had 41 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained DaVita Inc. (NYSE:DVA) rating on Thursday, August 6. RBC Capital Markets has “Sector Perform” rating and $83 target. The stock has “Neutral” rating by Bank of America on Tuesday, September 6. The stock has “Hold” rating by SunTrust on Friday, October 13. The firm earned “Buy” rating on Tuesday, December 12 by Robert W. Baird. RBC Capital Markets maintained it with “Sector Perform” rating and $80 target in Wednesday, November 4 report. The stock has “Outperform” rating by Raymond James on Tuesday, September 20. Robert W. Baird downgraded the shares of DVA in report on Tuesday, December 13 to “Neutral” rating. On Tuesday, February 16 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The firm earned “Buy” rating on Monday, December 11 by Citigroup. The firm has “Underweight” rating by JP Morgan given on Monday, October 9.

Since May 14, 2018, it had 0 insider buys, and 3 sales for $211,988 activity. ROPER WILLIAM L sold $102,677 worth of stock or 1,505 shares. The insider Arway Pamela M sold $86,918.

Pggm Investments, which manages about $17.69 billion US Long portfolio, upped its stake in Snap On Inc Com (NYSE:SNA) by 129,471 shares to 245,571 shares, valued at $36.23M in 2018Q1, according to the filing. It also increased its holding in Pfizer Inc Com (NYSE:PFE) by 99,803 shares in the quarter, for a total of 5.30 million shares, and has risen its stake in American Intl Group Inc Com New (NYSE:AIG).

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.16, from 0.74 in 2017Q4. It is positive, as 35 investors sold DVA shares while 159 reduced holdings. 70 funds opened positions while 105 raised stakes. 145.68 million shares or 0.35% more from 145.16 million shares in 2017Q4 were reported. Orbimed Lc, New York-based fund reported 1.56 million shares. Netherlands-based Ing Groep Nv has invested 0.02% in DaVita Inc. (NYSE:DVA). 11,168 are held by Ontario Teachers Pension Plan Board. Eaton Vance accumulated 217,418 shares or 0.04% of the stock. Continental Advsr Limited Liability reported 120,900 shares. Mackay Shields Ltd Llc reported 0.08% stake. Moody Bank & Trust Division invested in 0.02% or 5,280 shares. Geode Capital Management Lc stated it has 0.04% in DaVita Inc. (NYSE:DVA). Morgan Stanley invested in 0.01% or 644,181 shares. Summit Prtnrs Limited Partnership owns 0.22% invested in DaVita Inc. (NYSE:DVA) for 41,624 shares. Moreover, Fmr Lc has 0.02% invested in DaVita Inc. (NYSE:DVA). Boston Partners holds 0.16% in DaVita Inc. (NYSE:DVA) or 2.04 million shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest invested in 307,500 shares or 0.19% of the stock. Proshare Lc has invested 0.01% in DaVita Inc. (NYSE:DVA). Thrivent Financial For Lutherans has 6,317 shares for 0% of their portfolio.

Since March 13, 2018, it had 0 insider buys, and 14 sales for $12.99 million activity. Van Ramshorst David J also sold $435,000 worth of Masimo Corporation (NASDAQ:MASI) on Thursday, May 3. On Thursday, March 29 the insider Coleman Jon sold $2.56M. Lee Yongsam had sold 5,800 shares worth $525,352. The insider Barker Steven sold 10,000 shares worth $1.00 million.

Among 9 analysts covering Masimo (NASDAQ:MASI), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Masimo had 16 analyst reports since August 5, 2015 according to SRatingsIntel. On Wednesday, August 2 the stock rating was maintained by Piper Jaffray with “Hold”. The company was maintained on Thursday, August 3 by Stifel Nicolaus. The stock of Masimo Corporation (NASDAQ:MASI) earned “Outperform” rating by Wedbush on Monday, February 27. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, August 2. PiperJaffray downgraded the stock to “Neutral” rating in Thursday, March 16 report. Piper Jaffray maintained the stock with “Hold” rating in Thursday, September 21 report. The firm has “Buy” rating by Roth Capital given on Thursday, August 3. On Monday, August 14 the stock rating was upgraded by BTIG Research to “Buy”. Stifel Nicolaus initiated the stock with “Buy” rating in Monday, July 10 report. Piper Jaffray maintained Masimo Corporation (NASDAQ:MASI) rating on Tuesday, October 31. Piper Jaffray has “Hold” rating and $83.0 target.

More news for Masimo Corporation (NASDAQ:MASI) were recently published by: Ocbj.com, which released: “Midday Stock Roundup” on August 02, 2018. Seekingalpha.com‘s article titled: “Masimo (MASI) Q2 2018 Results – Earnings Call Transcript” and published on August 02, 2018 is yet another important article.

D-E Shaw & Company Inc, which manages about $81.36B and $73.46 billion US Long portfolio, decreased its stake in American Airls Group Inc (NASDAQ:AAL) by 370,129 shares to 81,371 shares, valued at $4.23M in 2018Q1, according to the filing. It also reduced its holding in Abaxis Inc (NASDAQ:ABAX) by 25,669 shares in the quarter, leaving it with 3,282 shares, and cut its stake in Nordson Corp (NASDAQ:NDSN).

DaVita Inc. (NYSE:DVA) Institutional Positions Chart

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