CAS Medical Systems, Inc. (CASM) Reaches $0.65 52-Week Low; Panagora Asset Management Lifted By $1.81 Million Its Hillenbrand (HI) Stake

December 6, 2017 - By Michael Collier

The stock of CAS Medical Systems, Inc. (NASDAQ:CASM) hit a new 52-week low and has $0.61 target or 6.00% below today’s $0.65 share price. The 9 months bearish chart indicates high risk for the $17.77 million company. The 1-year low was reported on Dec, 6 by Barchart.com. If the $0.61 price target is reached, the company will be worth $1.07M less. It closed at $0.65 lastly. It is up 47.56% since December 6, 2016 and is downtrending. It has underperformed by 64.26% the S&P500.

Panagora Asset Management Inc increased Hillenbrand Inc (HI) stake by 4114.09% reported in 2017Q2 SEC filing. Panagora Asset Management Inc acquired 50,233 shares as Hillenbrand Inc (HI)’s stock declined 0.14%. The Panagora Asset Management Inc holds 51,454 shares with $1.86M value, up from 1,221 last quarter. Hillenbrand Inc now has $2.88B valuation. The stock decreased 0.76% or $0.35 during the last trading session, reaching $45.7. About 57,281 shares traded. Hillenbrand, Inc. (NYSE:HI) has risen 21.13% since December 6, 2016 and is uptrending. It has outperformed by 4.43% the S&P500.

Analysts await CAS Medical Systems, Inc. (NASDAQ:CASM) to report earnings on March, 8. They expect $-0.09 earnings per share, down 28.57% or $0.02 from last year’s $-0.07 per share. After $-0.01 actual earnings per share reported by CAS Medical Systems, Inc. for the previous quarter, Wall Street now forecasts 800.00% negative EPS growth.

Investors sentiment decreased to 1.2 in Q2 2017. Its down 1.00, from 2.2 in 2017Q1. It dropped, as 3 investors sold CAS Medical Systems, Inc. shares while 2 reduced holdings. 3 funds opened positions while 3 raised stakes. 6.06 million shares or 19.53% less from 7.54 million shares in 2017Q1 were reported. California Public Employees Retirement Systems has 0% invested in CAS Medical Systems, Inc. (NASDAQ:CASM). Citadel Advsrs Limited Liability Co invested in 0% or 17,859 shares. 10,157 were reported by Blackrock. Panagora Asset Mngmt holds 0% in CAS Medical Systems, Inc. (NASDAQ:CASM) or 22,298 shares. Wells Fargo & Mn reported 227 shares. Renaissance Technology Limited Liability holds 0% of its portfolio in CAS Medical Systems, Inc. (NASDAQ:CASM) for 282,300 shares. Hightower Advisors Ltd Liability Corporation owns 245,489 shares. Td Capital Mgmt Ltd Liability Corp reported 38,175 shares. Rmb Capital Ltd owns 20,000 shares. 1492 Capital Limited Com, Wisconsin-based fund reported 49,332 shares. Northern Tru Corporation reported 25,101 shares. Morgan Stanley invested in 0% or 3,629 shares. Guggenheim Cap Ltd stated it has 0% in CAS Medical Systems, Inc. (NASDAQ:CASM). Vanguard Gru holds 0% in CAS Medical Systems, Inc. (NASDAQ:CASM) or 514,132 shares. Acuta Cap Prtn Limited Liability reported 4.76M shares or 1.55% of all its holdings.

CAS Medical Systems, Inc., a non-invasive cerebral oximetry technology company, develops, makes, and markets non-invasive patient monitoring products worldwide. The company has market cap of $17.77 million. The Company's FORE-SIGHT® Absolute Cerebral Oximeter provides non-invasive and continuous measurement of absolute cerebral tissue oxygenation in the brain for patients during critical care. It currently has negative earnings. The firm provides FORE-SIGHT tissue oximeter monitors, sensors, and accessories.

Investors sentiment increased to 1.87 in 2017 Q2. Its up 0.86, from 1.01 in 2017Q1. It improved, as 18 investors sold HI shares while 43 reduced holdings. 37 funds opened positions while 77 raised stakes. 47.92 million shares or 1.19% less from 48.50 million shares in 2017Q1 were reported. Virginia Retirement Et Al invested in 0.01% or 27,100 shares. Metropolitan Life reported 43,041 shares or 0.01% of all its holdings. The Massachusetts-based Eaton Vance Management has invested 0% in Hillenbrand, Inc. (NYSE:HI). 22,101 were accumulated by Bnp Paribas Arbitrage Sa. Alliancebernstein Ltd Partnership has 0% invested in Hillenbrand, Inc. (NYSE:HI) for 94,029 shares. Piermont Cap Mngmt Inc reported 23,740 shares. The California-based Jasper Ridge Partners LP has invested 0.42% in Hillenbrand, Inc. (NYSE:HI). Boston Partners has invested 0.02% of its portfolio in Hillenbrand, Inc. (NYSE:HI). Texas Permanent School Fund has 45,979 shares. Florida-based Raymond James Fincl Svcs Inc has invested 0% in Hillenbrand, Inc. (NYSE:HI). Jensen Investment Mgmt Inc holds 0.01% of its portfolio in Hillenbrand, Inc. (NYSE:HI) for 17,970 shares. Principal Financial Group Inc owns 505,903 shares. 78,834 were reported by Citadel Ltd Liability. Bancorporation Of Mellon invested in 1.16M shares. Qs Ltd accumulated 0% or 17 shares.

Panagora Asset Management Inc decreased Cl A stake by 3,796 shares to 295,161 valued at $274.41 million in 2017Q2. It also reduced Metlife Inc (NYSE:MET) stake by 16,513 shares and now owns 28,557 shares. Suncoke Energy Inc (NYSE:SXC) was reduced too.

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 daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: