Pzena Investment Management LLC Decreased Mylan Nv (MYL) Stake by $28.07 Million

June 27, 2018 - By Ronnie Lemelle

Mylan N.V. (NASDAQ:MYL) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 1. That’s change of 2.00, from 2017Q4’s 3. 1 investors sold all, 2 reduced holdings as MYL ratio worsened. 0 increased holdings while 3 funds bought holdings. Funds hold 190,596 shares thus 34.92% less from 2017Q4’s 292,846 shares. The California-based Gemmer Asset Limited has invested 0% in Mylan N.V. (NASDAQ:MYL). Gulf Commercial Bank (Uk) reported 139,000 shs or 0.07% of all its holdings. Eqis Capital Incorporated holds 6,506 shs or 0.01% of its capital. Van Hulzen Asset Management Limited Liability Corporation invested 0.39% in Mylan N.V. (NASDAQ:MYL). Vantage Invest Advsr Ltd Llc has invested 0% in Mylan N.V. (NASDAQ:MYL).

The stake In Mylan Nv (MYL) was reduced held by Richard S. Pzena. According to 2018Q1 SEC form the decrease is 3.12%. 684,667 shares were sold by Pzena Investment Management Llc as the company’s stock declined 5.74% with the market. At the end of 2018Q1, the 21.29M shares of the major pharmaceuticals company held by the hedge fund run by Richard S. Pzena were priced at $876.65M, down from 21.98 million at the end of the previous reported quarter. Mylan Nv has $19.74 billion MC. Ticker’s shares touched $38.29 during the last trading session after 0.47% change.Currently Mylan N.V. is downtrending after 1.13% change in last June 27, 2017. MYL has 2.68M shares volume. MYL underperformed by 13.70% the S&P 500.

A portfolio of $24.64 billion and $19.67B is managed by Pzena Investment Management Llc. As it’s reported in SEC form the stake in Diebold Nixdorf Inc (NYSE:DBD) is rose by 384,312 shares to 2.82 million shares. They are valued at $43.50M in 2018Q1. Pzena Investment Management Llc has risen its stake in Franklin Resources Inc. (NYSE:BEN) and also increased its holding in Avis Budget Group Inc (NASDAQ:CAR) by 150,187 shares in the quarter, for a total of 1.81M shares.

Mylan N.V. (NASDAQ:MYL)’s earnings report is expected by WallStreet on August, 8, Zacks reports. Analysts have anticipation on stock’s earnings per share of $1.23. That’s up 11.82 % from last year’s $1.1 earnings per share. If MYL’s EPS is $1.23 the profit will hit $634.02 million for 7.78 P/E. Wall Street predicts 28.13 % EPS growth as of August, 8.

A couple more Mylan N.V. (NASDAQ:MYL) news were released by: Fool.com which released on June 05, 2018 “Watch Out Amgen, Here Comes Mylan”, also Streetinsider.com on June 18, 2018 released “Mylan (MYL) Announces Launch of Generic Angiomax Injection”, the next Streetinsider.com is “After-Hours Stock Movers 06/04: (TWTR) (MYL) (NX) Higher; (ANW) (ASNA) (COOL) Lower (more…)” on June 04, 2018. Seekingalpha.com has article titled “Mylan: A Margin Of Safety Case Study”.

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

A total of 15 analysts rate Mylan (NASDAQ:MYL) as follows: 11 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 73% are bullish. The firm has $5900 highest and $41 lowest target. The avg target $49.67 is 29.72% above the last ($38.29) price. (NASDAQ:MYL) has 20 ratings reports on Jun 27, 2018 according to StockzIntelligence. The stock rating was maintained by RBC Capital Markets with “Hold” on Tuesday, April 3. On Tuesday, March 6 the stock of Mylan N.V. (NASDAQ:MYL) has “Overweight” rating given by Morgan Stanley. The stock rating was maintained by Mizuho with “Buy” on Thursday, April 12. On Thursday, March 15 the stock of Mylan N.V. (NASDAQ:MYL) has “Buy” rating given by Mizuho. On Monday, April 9 Morgan Stanley maintained the shares of MYL in report with “Buy” rating. The company rating was maintained by UBS on Thursday, March 1. In Thursday, January 11 report Goldman Sachs upgraded it to “Buy” rating and $52.0 target. On Tuesday, February 6 the firm has “Buy” rating by BMO Capital Markets given. On Thursday, May 31 the firm has “Market Perform” rating by Wells Fargo given. On Thursday, January 25 the firm earned “Buy” rating by Susquehanna.

Mylan N.V. (NASDAQ:MYL) Analyst Ratings Chart

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.