Illumina Inc (NASDAQ:ILMN).
Baird Financial Group, Inc. reports that it lowered its investment in Illumina Inc stock by 12,047 shares as reported in a filing on 11/15/2017. Its investment was worth $50,272,000 an increase of $4,390,000 as of the end of the quarter.
Several firms have updated their holdings. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS augmented its investment by buying 1,027 shares an increase of 9.5%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now holds 11,874 shares with a value of $2,365,000. The value of the position overall is up by 25.7%. As of quarter end Raymond James & Associates had bought 653 shares growing its holdings by 2.5%. The value of the investment in ILMN went from $4,619,000 to $5,433,000 a change of $814,000 quarter over quarter.
As of the end of the quarter Tredje Ap-fonden had acquired a total of 700 shares growing its position 1.1%. The value of the investment in Illumina Inc increased from $11,219,000 to $13,019,000 increasing 16.0% for the reporting period.
On October 25 Wells Fargo & Company made no change to the stock rating of “Market Perform” with a current price target of $205.00. Bank of America Corporation raised the price target of the stock on October 25 changing the price objective from $215.00 to $240.00 with a “Buy” recommendation.
Equity analyst Barclays PLC raised the price target on October 25 boosting the projection from $150.00 to $185.00 and stated a “Equal Weight” rating. Citigroup raised the price target on October 25 changing the forecast from $180.00 to $220.00 and issued a “Neutral” rating.
The company is trading down by 0.00% percent from yesterday’s close. The P/E ratio is currently 38.84 and the market value is 30.08B. As of the latest earnings report the EPS was $5.30 with 146.00M shares currently outstanding.
Investors are a little more bullish on Illumina Inc if you take note of the motion in short interest. The company recorded a fall in short interest of -12.56% as of October 13, 2017 from the last reporting period. Short interest fell 409,656 over that period. Days to cover increased 1.0 to 5.0 and the percentage of shorted shares was 0.02% on October 13.