Boston, MA, based Investment company Fmr Llc buys Bank of Americaoration, Goldman Sachs Group, Coty, LyondellBasell Industries NV, Centennial Resource Development, Flowserve, Morgan Stanley, Northrop Grumman, CBOE Holdings, Capital One Financial, sells Medtronic PLC, Roper Technologies, CVS Health, NXP Semiconductors NV, Alibaba Group Holding during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, Fmr Llc. As of 2016-12-31, Fmr Llc owns 2533 stocks with a total value of $742.1 billion. These are the details of the buys and sells.
New Purchases: CDEV, FTS, LGF.B, XOG, YUMC, EFV, MPEL, SYT, TWNK, AGNC, Added Positions: BAC, JPM, MSFT, WFC, GS, COTY, AMGN, LYB, FLS, MS, Reduced Positions: MDT, FB, ROP, CVS, NXPI, V, GOOGL, GOOG, BABA, NKE, Sold Out: IM, LNKD, N, STRZA, PNY, SCTY, LXK, OPHT, PPS, WY7,
For the details of FMR LLC’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=FMR+LLC
These are the top 5 holdings of FMR LLCApple Inc (AAPL) – 157,982,573 shares, 2.45% of the total portfolio. Shares reduced by 2.43%Facebook Inc (FB) – 133,011,379 shares, 2.05% of the total portfolio. Shares reduced by 6.55%Amazon.com Inc (AMZN) – 19,330,079 shares, 1.94% of the total portfolio. Shares reduced by 2.74%Alphabet Inc (GOOGL) – 17,339,370 shares, 1.84% of the total portfolio. Shares reduced by 5.39%Microsoft Corp (MSFT) – 177,344,854 shares, 1.47% of the total portfolio. Shares added by 11.02%New Purchase: Centennial Resource Development Inc (CDEV)
Fmr Llc initiated holdings in Centennial Resource Development Inc. The purchase prices were between $13.49 and $20.06, with an estimated average price of $16.53. The stock is now traded at around $18.20. The impact to the portfolio due to this purchase was 0.07%. The holdings were 25,140,224 shares as of 2016-12-31.
best stocks to purchase: Alimera Sciences, Inc.(ALIM)
- [By Lisa Levin]
Alimera Sciences Inc (NASDAQ: ALIM) shares shot up 59 percent to $1.69 after the company reported preliminary Q2 revenue. Alimera Sciences announced preliminary revenue of $9.3 million to $9.5 million.
- [By Lisa Levin]
On Thursday, the healthcare sector proved to be a source of strength for the market. Leading the sector was strength from Alimera Sciences Inc (NASDAQ: ALIM) and Anthera Pharmaceuticals Inc (NASDAQ: ANTH).
best stocks to purchase: Humana Inc.(HUM)
- [By Ben Levisohn]
Humana (HUM) soared to the top of the S&P 500 today after the Republican Congress put forward a plan to repeal and replace the Affordable Care Act.
S. MARTIN/AFP/Getty Images
Humana gained 2.4% to $217.76 today, while the S&P 500 dropped 0.3% to 2,368.38.
Why was Humana the best performing stock in the S&P 500? Beats the heck out of me, since what a final plan will look like is still up in the air. Strategas Research Partners’ Daniel Clifton and team explain:
Handwringing about what this bill achieves or not is at a fevered pitch this morning. Our guess is that the final legislation will look quite different than the original draft as was the case eight years ago when the Democrats released their ACA draft and spent the next 12 months fighting over the details. There is a wide chasm of views between conservative House Republicans and moderate Republican Senators. Support is going to be needed from each group to win passage. The most logical complaint is that this is one entitlement program being replaced with another. But how ironic would it be if the Tea Party, which came to fruition in response to the ACA, actually becomes the barrier to reforming the law. Supporters of the ACA and investors in healthcare service companies will be focused on the number of covered lives. There is no doubt that a reformed Medicaid system (to get costs down) and less generous tax credits will lead to fewer covered lives. How much of a difference will be open to interpretation as policymakers await the CBO score.
Humana’s market capitalization rose to $32.5 billion today from $31.8 billion yesterday. It reported net income of $614 million on sales of $54.4 billion in 2016.
- [By Ben Levisohn]
Clinton 15 stock basket (DBUSCLNT): UnitedHealth Group (UNH), Humana (HUM), McKesson (MCK), Aecom (ACM), Quanta Services (PWR), ExxonMobil (XOM), Alcoa (AA), NextEra Energy (NEE), Cree (CREE), First Solar (FSLR), Facebook (FB), Netflix (NFLX), Prudential Financial (PRU), Citigroup (C), Union Pacific (UNP).
- [By Lisa Levin]
Humana Inc (NYSE: HUM) delivered better than expected results for the third quarter. However, the company’s adjusted EPS forecast came in below the estimates.
- [By Lee Jackson]
Health care giant Humana Inc. (NYSE: HUM) had a director and the chief operating officer of the company selling stock last week. The director sold 27,000 shares at prices between $204.51 and $206.43. The total for the sale was $7 million. COO Jim Murray sold 122,571 shares at prices that ranged from $204.231 to $206. The total for his trade was posted at $25 million. Shares closed on Friday at $207.28. The 52-week range is $150 to $217.80, and the consensus price target is $223.21.
best stocks to purchase: Level 3 Communications, Inc.(LVLT)
- [By Ben Levisohn]
A rumored merger with CenturyLink (CTL) sent Level 3 Communications (LVLT) soaring to the top of the S&P 500 today.
Shares of Level 3 Communications climbed 11% to $51.87 today, even as the S&P 500 declined 0.3% to 2,133.04. CenturyLink didn’t perform too badly, either: It gained 9.7% to $31.
- [By Ben Levisohn]
After opening up 0.6% this morning, Level Three Communications (LVLT) jumped as much as 5.9% on reports that it was considering ways to increase shareholder value (nudge nudge, wink wink, know what I mean?). Citigroup’s Michael Rollins and Neth Wiedemann offer their take:
Online news source Benzinga recently tweeted that an industry source has told them Level 3 is “reviewing strategic alternatives to maximize holder value, including outright sale or large buyback”. Level 3 shares are up ~4% today after a ~3% move yesterday and shares are up ~10% over the past week. The company has not responded to the news, nor can we substantiate the speculation.
Level 3 remains our top-pick within our coverage group given its growth, financial flexibility, valuation, and strategic optionality.Level 3 currently trades around ~10x our 2016 OIBDA estimate and ~11x our 2016 discretionary FCF estimate, which we believe is too cheap given its growth profile and deep strategic asset-mix of metro and long-haul fiber.
We believe that Level 3′s extensive enterprise presence could be attractive for a cable player looking to move up-market and accelerate its investment from thesmall- to medium-sized businesses segment into the enterprise market. We also believe that Zayo Group Holdings (ZAYO) may be an attractive acquisition target for a cable company looking to accelerate an enterprise strategy. We also would not dismiss the possibility that Level 3 and Zayo could consider a merger scenario to become a larger competitor for the enterprise market against the incumbents AT&T (T) and Verizon Communications (VZ).
Shares of Level 3 have gained 3.7% to $56.39 at 1:20 p.m. today, while Zayo Group Holdings has risen 1% to $28.78, AT&T has advanced 0.5% to $42.61, and Verizon Communications is up 0.7% to $55.87.
- [By Benzinga News Desk]
On Thursday afternoon, Wall Street Journal reported that CenturyLink (NYSE: CTL) was in advanced talks to merge with Level 3 Communications (NYSE: LVLT). Back on July 13, Benzinga Pro reported Level 3 was reviewing strategic alternatives.
best stocks to purchase: Mastercard Incorporated(MA)
- [By Matthew Cochrane]
Keeping these statistics in mind, one can see how marrying these two concepts would be equivalent to finding the Holy Grail of payments. This is how Mastercard Inc (NYSE:MA), clearly one of the giants in the payments space, plans to capture market share and win more card issuer deals by making payments as safe and frictionless as possible.
- [By Mitchell Clark]
This is a stock to own for the long term. It has an excellent long-term track record. Management just announced another dividend increase and more share repurchases.
Earnings growth in 2016 is expected to accelerate over the performance in 2015. The big credit card brands are institutional favorites.
MasterCard Incorporated’s (NYSE:MA) sales and earnings growth have been quite consistent over the years.
- [By John Ballard]
Partnerships play a crucial role in extending PayPal’s reach to new customers and driving higher engagement. The deal with Visa(NYSE:V) opened the door for partnerships with Mastercard(NYSE:MA), Citigroup(NYSE:C), and Fidelity National Information Services (NYSE:FIS). As a result, more deals will come that will increase PayPal’s relevancy and ubiquity in the mobile payment landscape.
best stocks to purchase: Brown(n)
- [By Arie Goren]
On November 5, Oracle (NYSE:ORCL)confirmed that it has finally completed the acquisition of Netsuite (NYSE:N) for $9.3 billion in cash, or $109 per share that the company had initially offered. In my previous article about Oracle, I had suggested that the acquisition of NetSuite, the cloud business application software company, is a smart move by Oracle. What’s more, it is not paying an excessive price for the deal. In fact, Oracle insisted that it will not pay more than what it had first offered despite the resistance from T Rowe Price (NSDQ:TROW)which demanded $133 per share.