North Tide Capital LLC Boosted Its Mylan N V (MYL) Holding by $10.85 Million; Market Valuation Declined

January 22, 2018 - By Vivian Park

Investors sentiment decreased to 0.33 in 2017 Q3. Its down 1.00, from 1.33 in 2017Q2. It dropped, as 3 investors sold MYL shares while 0 reduced holdings. 1 funds opened positions while 0 raised stakes. 155,019 shares or 7.99% less from 168,486 shares in 2017Q2 were reported. 139,930 were accumulated by Gulf Natl Bank (Uk) Limited. Vantage Inv Advsr Limited Liability Company stated it has 0.01% in Mylan N.V. (NASDAQ:MYL).

Conan Laughlin increased its stake in Mylan N V (MYL) by 35% based on its latest 2017Q3 regulatory filing with the SEC. North Tide Capital Llc bought 350,000 shares as the company’s stock declined 9.77% while stock markets rallied. The hedge fund run by Conan Laughlin held 1.35 million shares of the major pharmaceuticals company at the end of 2017Q3, valued at $42.35 million, up from 1.00 million at the end of the previous reported quarter. North Tide Capital Llc who had been investing in Mylan N V for a number of months, seems to be bullish on the $25.42B market cap company. The stock increased 1.42% or $0.665 during the last trading session, reaching $47.395. About 2.61 million shares traded. Mylan N.V. (NASDAQ:MYL) has declined 7.73% since January 22, 2017 and is downtrending. It has underperformed by 24.43% the S&P500.

Another recent and important Mylan N.V. (NASDAQ:MYL) news was published by Streetinsider.com which published an article titled: “Momenta Phama (MNTA), Mylan NV (MYL) Announce Development Strategy for M710” on January 03, 2018.

Mylan N.V. (NASDAQ:MYL) Ratings Coverage

Among 21 analysts covering Mylan Inc. (NASDAQ:MYL), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. Mylan Inc. has $85 highest and $3000 lowest target. $49.62’s average target is 4.69% above currents $47.395 stock price. Mylan Inc. had 62 analyst reports since July 27, 2015 according to SRatingsIntel. Mizuho maintained it with “Buy” rating and $5300 target in Wednesday, May 31 report. The stock of Mylan N.V. (NASDAQ:MYL) earned “Buy” rating by Citigroup on Friday, November 13. The firm has “Buy” rating by BMO Capital Markets given on Monday, October 30. UBS maintained Mylan N.V. (NASDAQ:MYL) rating on Monday, October 10. UBS has “Buy” rating and $60 target. Cowen & Co maintained the shares of MYL in report on Wednesday, August 9 with “Hold” rating. RBC Capital Markets maintained it with “Hold” rating and $4100 target in Monday, June 12 report. Mizuho maintained the shares of MYL in report on Monday, October 23 with “Buy” rating. UBS maintained Mylan N.V. (NASDAQ:MYL) on Thursday, October 5 with “Buy” rating. The rating was upgraded by Raymond James on Monday, October 10 to “Strong Buy”. The stock of Mylan N.V. (NASDAQ:MYL) has “Buy” rating given on Wednesday, October 26 by Mizuho.

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 FREE daily email newsletter.