Opko Health Inc 2017 Q3 Institutional Investor Sentiment Better Than Expected

January 18, 2018 - By Vivian Currie

 Opko Health Inc  2017 Q3 Institutional Investor Sentiment  Better Than Expected

Sentiment for Opko Health Inc (NYSE:OPK)

Opko Health Inc (NYSE:OPK) institutional sentiment increased to 1.14 in Q3 2017. Its up 0.11, from 1.03 in 2017Q2. The ratio is better, as 88 institutional investors opened new and increased equity positions, while 77 sold and trimmed holdings in Opko Health Inc. The institutional investors in our partner’s database now own: 119.76 million shares, down from 119.98 million shares in 2017Q2. Also, the number of institutional investors holding Opko Health Inc in their top 10 equity positions was flat from 3 to 3 for the same number . Sold All: 19 Reduced: 58 Increased: 63 New Position: 25.

OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals business in the United States, Ireland, Chile, Spain, Israel, and Mexico. The company has market cap of $2.45 billion. The companyÂ’s Diagnostics segment operates Bio-Reference Laboratories, a clinical laboratory that offers laboratory testing services in the detection, diagnosis, evaluation, monitoring, and treatment of diseases. It currently has negative earnings. The Bio-Reference Laboratories also provides core genetic testing and leverage products, such as the 4Kscore prostate cancer test and the Claros 1 in-office immunoassay platform.

The stock decreased 1.90% or $0.085 during the last trading session, reaching $4.385. About 2.71M shares traded. Opko Health, Inc. (NYSE:OPK) has declined 32.62% since January 18, 2017 and is downtrending. It has underperformed by 49.32% the S&P500.

Analysts await Opko Health, Inc. (NASDAQ:OPK) to report earnings on March, 7. They expect $-0.08 EPS, down 100.00 % or $0.04 from last year’s $-0.04 per share. After $-0.08 actual EPS reported by Opko Health, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Rk Asset Management Llc holds 5.14% of its portfolio in Opko Health, Inc. for 860,543 shares. Oracle Investment Management Inc owns 3.64 million shares or 4.09% of their US portfolio. Moreover, Jaffetilchin Investment Partners Llc has 1.73% invested in the company for 1.07 million shares. The Israel-based Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) has invested 1.12% in the stock. Lehman Financial Resources Inc., a Pennsylvania-based fund reported 265,168 shares.#img1#

Since January 1, 0001, it had 11 insider purchases, and 0 sales for $3.36 million activity.

Opko Health, Inc. (NASDAQ:OPK) Ratings Coverage

Ratings analysis reveals 73% of Opko Health’s analysts are positive. Out of 11 Wall Street analysts rating Opko Health, 8 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $6.0 while the high is $25. The stock’s average target of $15.22 is 247.09% above today’s ($4.385) share price. OPK was included in 19 notes of analysts from August 11, 2015. The rating was maintained by Jefferies with “Hold” on Tuesday, September 12. The stock has “Hold” rating by Jefferies on Monday, June 12. On Wednesday, November 8 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The firm earned “Outperform” rating on Thursday, March 31 by Barrington Research. The firm has “Hold” rating given on Friday, October 20 by Jefferies. The firm has “Buy” rating by Zacks given on Tuesday, August 11. The firm has “Buy” rating given on Friday, June 16 by Ladenburg. The firm earned “Buy” rating on Friday, June 3 by Standpoint Research. The firm earned “Buy” rating on Tuesday, June 6 by Ladenburg. JP Morgan initiated Opko Health, Inc. (NASDAQ:OPK) on Friday, October 16 with “Overweight” rating.

More recent Opko Health, Inc. (NASDAQ:OPK) news were published by: 247Wallst.com which released: “Dish Network, Opko Health Sink into Wednesday’s 52-Week Low Club” on January 17, 2018. Also Nasdaq.com published the news titled: “March 2nd Options Now Available For OPKO Health (OPK)” on January 11, 2018. Streetinsider.com‘s news article titled: “OPKO Health (OPK) Reports Research Collaboration with Radboud University …” with publication date: January 12, 2018 was also an interesting one.

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