Gateway Investment Advisers Has Boosted Check Point Software Tech Lt (CHKP) Position; Abner Herrman & Brock Has Increased Its Stake in Merck & Co (MRK) as Shares Rose

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Abner Herrman & Brock Llc increased its stake in Merck & Co Inc (MRK) by 5.61% based on its latest 2018Q3 regulatory filing with the SEC. Abner Herrman & Brock Llc bought 14,247 shares as the company’s stock rose 11.30% while stock markets declined. The institutional investor held 268,383 shares of the health care company at the end of 2018Q3, valued at $19.04 million, up from 254,136 at the end of the previous reported quarter. Abner Herrman & Brock Llc who had been investing in Merck & Co Inc for a number of months, seems to be bullish on the $201.18 billion market cap company. The stock increased 0.28% or $0.21 during the last trading session, reaching $77.36. About 4.20 million shares traded. Merck & Co., Inc. (NYSE:MRK) has risen 41.35% since February 6, 2018 and is uptrending. It has outperformed by 41.35% the S&P500. Some Historical MRK News: 25/05/2018 – IMFINZI(R) (Durvalumab) Significantly Improves Overall Survival in the Phase III Pacific Trial for Unresectable Stage III Non-Small Cell Lung Cancer; 07/03/2018 – EISAI, & MERCK & CO. SIGN ONCOLOGY PACT FOR LENVIMA; 16/04/2018 – U.S. Food and Drug Administration Approves Opdivo® (nivolumab) + Yervoy® (ipilimumab) Combination as First-Line Treatment for; 02/05/2018 – $JNJ acquires BeneVir for $140M upfront + $900M milestone $MRK acquires Viralytics for $394M Oncolytic virus back to be the hot thing in I/O again? More $AMGN T-Vec + PD1 combo data to come at #ASCO18; 06/04/2018 – Incyte and Merck Provide Update on Phase 3 Study of Epacadostat in Combination with KEYTRUDA® (pembrolizumab) in Patients with Unresectable or Metastatic Melanoma; 16/04/2018 – Preclinical Data Presented at AACR 2018 Shows Esperance Pharmaceuticals’ EP-100 Is Synergistic with PARP Inhibitor Olaparib in Ovarian Cancer; 16/04/2018 – BRISTOL-MYERS SQUIBB CO – SAFETY PROFILE OF OPDIVO WITH A TWO-YEAR FOLLOW-UP WAS CONSISTENT WITH PREVIOUS ANALYSES; 18/05/2018 – AstraZeneca hit by falling Crestor sales, higher costs; 07/05/2018 – PROVECTUS BIOPHARMACEUTICALS COMPLETES ENROLLMENT OF PHASE 1B TRIAL OF PV-10 IN COMBINATION WITH KEYTRUDA® IN PATIENTS WITH ME; 30/03/2018 – FDA: New Drug Application (NDA): 018741 Company: MERCK SHARP DOHME

Gateway Investment Advisers Llc increased its stake in Check Point Software Tech Lt (CHKP) by 5.68% based on its latest 2018Q3 regulatory filing with the SEC. Gateway Investment Advisers Llc bought 3,246 shares as the company’s stock declined 7.05% with the market. The institutional investor held 60,387 shares of the prepackaged software company at the end of 2018Q3, valued at $7.11M, up from 57,141 at the end of the previous reported quarter. Gateway Investment Advisers Llc who had been investing in Check Point Software Tech Lt for a number of months, seems to be bullish on the $18.05B market cap company. The stock increased 0.13% or $0.15 during the last trading session, reaching $115.52. About 370,261 shares traded. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has risen 5.41% since February 6, 2018 and is uptrending. It has outperformed by 5.41% the S&P500. Some Historical CHKP News: 16/05/2018 – Credit Suisse commits $250 mln to Israeli healthcare fund; 04/05/2018 – CORRECTING and REPLACING — Finjan Files Patent Infringement Complaint Against Check Point USA and Check Point Israel; 23/05/2018 – Cyber firms warn on suspected Russian plan to attack Ukraine; 14/03/2018 – Consolidated Research: 2018 Summary Expectations for America First Multifamily Investors, Harmonic, Check Point Software Techno; 15/05/2018 – Check Point Software Presenting at JPMorgan Conference Tomorrow; 14/05/2018 – April’s Most Wanted Malware: Cryptomining Malware Targeting Unpatched Server Vulnerabilities, says Check Point; 25/04/2018 – Check Point Software 1Q EPS $1.16; 04/05/2018 – FINJAN FILES PATENT COMPLAINT VS CHECK POINT ISRAEL; 02/04/2018 – TrapX Security And Check Point Collaborate To Enhance Enterprise Security; 25/04/2018 – Check Point Software 1Q Rev $452M

More notable recent Check Point Software Technologies Ltd. (NASDAQ:CHKP) news were published by: Nasdaq.com which released: “Check Point Software (CHKP) Q3 Earnings and Revenues Top Estimates – Nasdaq” on October 24, 2018, also Nasdaq.com with their article: “Check Point Launches Maestro, the Industry’s First Hyperscale Network Security Solution, and New Ultra-scalable Gateways – Nasdaq” published on January 22, 2019, Seekingalpha.com published: “Check Point’s Market Share Is Slipping – Seeking Alpha” on October 11, 2018. More interesting news about Check Point Software Technologies Ltd. (NASDAQ:CHKP) were released by: Fool.com and their article: “Check Point Software Finally Goes on the Offensive – Motley Fool” published on November 14, 2018 as well as Marketwatch.com‘s news article titled: “Charting a garden-variety pullback, S&P 500 asserts near-term range – MarketWatch” with publication date: January 29, 2019.

Among 35 analysts covering Check Point Software Technologies Ltd. (NASDAQ:CHKP), 6 have Buy rating, 1 Sell and 28 Hold. Therefore 17% are positive. Check Point Software Technologies Ltd. had 92 analyst reports since September 10, 2015 according to SRatingsIntel. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) has “Market Perform” rating given on Thursday, January 5 by BMO Capital Markets. The company was downgraded on Wednesday, January 6 by Barclays Capital. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) earned “Market Perform” rating by Raymond James on Thursday, April 21. The firm earned “Hold” rating on Sunday, September 10 by Stifel Nicolaus. The firm has “Hold” rating by RBC Capital Markets given on Sunday, September 10. As per Wednesday, November 1, the company rating was downgraded by BTIG Research. The firm has “Mixed” rating by OTR GLobal given on Monday, July 11. The rating was initiated by Wells Fargo with “Outperform” on Wednesday, January 11. Deutsche Bank downgraded Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Thursday, June 16 to “Hold” rating. The rating was maintained by UBS on Thursday, April 21 with “Neutral”.

Gateway Investment Advisers Llc, which manages about $12.58B and $11.92B US Long portfolio, decreased its stake in Phillips 66 (NYSE:PSX) by 90,606 shares to 310,602 shares, valued at $35.01M in 2018Q3, according to the filing. It also reduced its holding in Travelers Companies Inc (NYSE:TRV) by 2,553 shares in the quarter, leaving it with 54,581 shares, and cut its stake in Pfizer Inc (NYSE:PFE).

Abner Herrman & Brock Llc, which manages about $1.13 billion and $699.73M US Long portfolio, decreased its stake in Kraft Heinz Co by 12,000 shares to 9,080 shares, valued at $500,000 in 2018Q3, according to the filing. It also reduced its holding in Emerson Electric Co (NYSE:EMR) by 120,000 shares in the quarter, leaving it with 148,138 shares, and cut its stake in General Dynamics Corp (NYSE:GD).

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 20 have Buy rating, 0 Sell and 4 Hold. Therefore 83% are positive. Merck & Co. Inc. had 100 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Buy” on Friday, July 28. Morgan Stanley maintained Merck & Co., Inc. (NYSE:MRK) rating on Thursday, August 23. Morgan Stanley has “Overweight” rating and $74 target. Bank of America downgraded the shares of MRK in report on Wednesday, January 27 to “Neutral” rating. On Friday, October 12 the stock rating was maintained by Barclays Capital with “Overweight”. DZ Bank upgraded the shares of MRK in report on Tuesday, February 13 to “Buy” rating. As per Thursday, October 26, the company rating was maintained by Piper Jaffray. Deutsche Bank maintained it with “Hold” rating and $66 target in Monday, July 17 report. The rating was maintained by BMO Capital Markets on Thursday, April 26 with “Outperform”. Jefferies maintained the shares of MRK in report on Tuesday, January 16 with “Hold” rating. The firm earned “Buy” rating on Tuesday, April 17 by Bank of America.

Merck & Co., Inc. (NYSE:MRK) Institutional Positions Chart

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