Medifast (MED) Share Price Declined While Osterweis Capital Management Lifted by $579755 Its …

It also reduced its holding in Planet Fitness Inc by 5,630 shares in the quarter, leaving it with 208,760 shares, and cut its stake in Alteryx Inc.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) Logo

Osterweis Capital Management Inc increased its stake in Medifast Inc (MED) by 20.19% based on its latest 2019Q1 regulatory filing with the SEC. Osterweis Capital Management Inc bought 4,565 shares as the company’s stock declined 26.20% . The hedge fund held 27,175 shares of the packaged foods company at the end of 2019Q1, valued at $3.47M, up from 22,610 at the end of the previous reported quarter. Osterweis Capital Management Inc who had been investing in Medifast Inc for a number of months, seems to be bullish on the $1.17B market cap company. The stock decreased 1.27% or $1.28 during the last trading session, reaching $99.55. About 25,080 shares traded. Medifast, Inc. (NYSE:MED) has declined 34.42% since September 9, 2018 and is downtrending. It has underperformed by 34.42% the S&P500. Some Historical MED News: 03/05/2018 – Medifast Raises FY View To Rev $385M-$395M; 20/04/2018 – DJ Medifast Inc, Inst Holders, 1Q 2018 (MED); 03/05/2018 – Medifast 1Q Rev $98.6M; 06/03/2018 – Medifast: Charles Connolly Will Not Stand for Reelection to Board at June Meeting; 03/05/2018 – Medifast Sees 2Q EPS 94c-EPS 97c; 23/04/2018 – Gatheredtable software licensed by Medifast; 06/03/2018 – MEDIFAST INC MED.N SEES FY 2018 SHR $3.15 TO $3.25; 15/05/2018 – Engaged Capital Adds Finisar, Exits Medifast, Cuts NCR: 13F; 06/03/2018 – Medifast 4Q Rev $78M; 06/03/2018 – Medifast: Jeffrey Brown Will Succeed Connolly as Audit Committee Chair

Loomis Sayles & Company LP increased its stake in Booz Allen Hamilton Holding (BAH) by 28.03% based on its latest 2019Q1 regulatory filing with the SEC. Loomis Sayles & Company LP bought 108,241 shares as the company’s stock rose 17.22% . The institutional investor held 494,460 shares of the professional services company at the end of 2019Q1, valued at $28.75M, up from 386,219 at the end of the previous reported quarter. Loomis Sayles & Company LP who had been investing in Booz Allen Hamilton Holding for a number of months, seems to be bullish on the $10.41B market cap company. The stock decreased 1.70% or $1.3 during the last trading session, reaching $75.28. About 167,211 shares traded. Booz Allen Hamilton Holding Corporation (NYSE:BAH) has risen 53.46% since September 9, 2018 and is uptrending. It has outperformed by 53.46% the S&P500. Some Historical BAH News: 29/05/2018 – The Department of Defense Awards Booz Allen a Place on $495M IDIQ Contract to Conquer Tough Technical Challenges; 06/03/2018 – Department of Defense Awards Booz Allen Essential Role on $8.27B Contract to Research, Develop and Implement Chem and Biological Defenses; 26/04/2018 – U.S. AIR FORCE AWARDS BOOZ ALLEN SPOT ON $998M IDIQ CONTRACT; 06/03/2018 – BOOZ ALLEN HAMILTON – DEPARTMENT OF DEFENSE HAS AWARDED SPOT ON $8.27 BLN JOINT ENTERPRISE RESEARCH DEVELOPMENT, ACQUISITION,PROCUREMENT IDIQ CONTRACT; 17/04/2018 – With Investors Watching, Companies Remain Behind in Building their Cyber Workforce; 26/04/2018 – U.S. Air Force Awards Booz Allen Spot on $998M IDIQ Contract to Bolster the 96th Test Wing’s Test Capabilities; 10/04/2018 – Defense Information Systems Agency Selects Booz Allen for Spot on a $17.5B, 10-Year Contract to Provide Information and Communication System IT Solutions; 03/04/2018 – Booz Allen Awarded $179M Contract to Support U.S. Navy Shore Infrastructure; 10/04/2018 – Defense Information Systems Agency Selects Booz Allen for Spot on a $17.5B, 10-Year Contract to Provide Information and; 18/04/2018 – Survey: Fewer Than Half of National Respondents Have Basic Information to Prepare for a Disaster

Osterweis Capital Management Inc, which manages about $1.62 billion and $1.60 billion US Long portfolio, decreased its stake in Crown Castle Intl Corp New (NYSE:CCI) by 20,722 shares to 245,214 shares, valued at $31.39M in 2019Q1, according to the filing. It also reduced its holding in Planet Fitness Inc by 5,630 shares in the quarter, leaving it with 208,760 shares, and cut its stake in Alteryx Inc.

More notable recent Medifast, Inc. (NYSE:MED) news were published by: Finance.Yahoo.com which released: “When Should You Buy Medifast, Inc. (NYSE:MED)? – Yahoo Finance” on June 21, 2019, also Finance.Yahoo.com with their article: “Why Medifast, Inc.’s (NYSE:MED) High P/E Ratio Isn’t Necessarily A Bad Thing – Yahoo Finance” published on June 15, 2019, Bizjournals.com published: “Minnesota Medifast locations rebrand as Livea Weight Control Centers – Minneapolis / St. Paul Business Journal” on August 15, 2019. More interesting news about Medifast, Inc. (NYSE:MED) were released by: Finance.Yahoo.com and their article: “Aurora Cannabis Announces Sale of Remaining Shares in The Green Organic Dutchman Sale of Non-Core Holdings Raises Gross Proceeds of $86.5 Million – Yahoo Finance” published on September 04, 2019 as well as Fool.com‘s news article titled: “3 Cannabis Stocks With the Fastest-Growing Sales – Motley Fool” with publication date: August 14, 2019.

Investors sentiment increased to 1.26 in 2019 Q1. Its up 0.07, from 1.19 in 2018Q4. It increased, as 33 investors sold MED shares while 61 reduced holdings. 47 funds opened positions while 71 raised stakes. 11.33 million shares or 0.23% more from 11.30 million shares in 2018Q4 were reported. Nuveen Asset Mgmt Limited Liability has invested 0% in Medifast, Inc. (NYSE:MED). Rice Hall James & Assocs Lc reported 136,531 shares or 0.56% of all its holdings. Tudor Et Al reported 0.03% stake. Landscape Limited Liability Co owns 12,165 shares or 0.15% of their US portfolio. First Citizens Comml Bank accumulated 1,784 shares. Bnp Paribas Arbitrage Sa holds 2,958 shares or 0% of its portfolio. Principal Gru accumulated 218,084 shares. Voya Inv Ltd Limited Liability Company holds 14,494 shares. Driehaus Capital Mngmt Ltd Co holds 49,606 shares or 0.24% of its portfolio. 57,013 were reported by Goldman Sachs Gru Inc. Highstreet Asset Mgmt reported 15 shares. First Quadrant LP Ca holds 0.07% or 7,421 shares in its portfolio. Metropolitan Life accumulated 0.03% or 16,443 shares. Smith Asset Mngmt Ltd Partnership has invested 0.02% in Medifast, Inc. (NYSE:MED). 14,900 are owned by State Common Retirement Fund.

Investors sentiment decreased to 1.03 in 2019 Q1. Its down 0.24, from 1.27 in 2018Q4. It fall, as 35 investors sold BAH shares while 113 reduced holdings. 67 funds opened positions while 85 raised stakes. 123.35 million shares or 1.29% more from 121.78 million shares in 2018Q4 were reported. Prelude Capital Mgmt Ltd has 0% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 245 shares. Commercial Bank Of Montreal Can reported 86,192 shares. Anchor Cap Advisors has invested 1.04% in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Acadian Asset Mngmt holds 0.16% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 651,350 shares. State Board Of Administration Of Florida Retirement owns 163,360 shares. Sei Investments invested in 187,864 shares or 0.04% of the stock. Virginia Retirement Et Al owns 33,100 shares for 0.02% of their portfolio. Brinker Capital Incorporated stated it has 0.12% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH). Retirement Sys Of Alabama has 0.13% invested in Booz Allen Hamilton Holding Corporation (NYSE:BAH) for 475,000 shares. Paloma Mgmt has 12,011 shares for 0.02% of their portfolio. Huntington Bancorp invested in 0% or 115 shares. Black Creek Invest Mngmt Inc reported 9.3% stake. Alliancebernstein Limited Partnership stated it has 3.37 million shares. 366,600 are held by Arrowstreet Partnership. S&Co Inc invested 0.06% of its portfolio in Booz Allen Hamilton Holding Corporation (NYSE:BAH).

Medifast, Inc. (NYSE:MED) Institutional Positions 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.

Related Posts:

  • No Related Posts

Osterweis Capital Management Maintains Position in Medifast (MED); As Six Flags Entertainment …

Osterweis Capital Management Inc, which manages about $1.62B and $1.60B US Long portfolio, decreased its stake in Alteryx Inc by 59,030 shares …

Medifast, Inc. (NYSE:MED) Logo

Osterweis Capital Management Inc increased its stake in Medifast Inc (MED) by 20.19% based on its latest 2019Q1 regulatory filing with the SEC. Osterweis Capital Management Inc bought 4,565 shares as the company’s stock declined 26.20% . The hedge fund held 27,175 shares of the packaged foods company at the end of 2019Q1, valued at $3.47M, up from 22,610 at the end of the previous reported quarter. Osterweis Capital Management Inc who had been investing in Medifast Inc for a number of months, seems to be bullish on the $1.29B market cap company. The stock decreased 2.85% or $3.17 during the last trading session, reaching $108. About 755,131 shares traded or 214.19% up from the average. Medifast, Inc. (NYSE:MED) has declined 34.42% since August 2, 2018 and is downtrending. It has underperformed by 34.42% the S&P500. Some Historical MED News: 03/05/2018 – Medifast Sees 2Q Rev $99M-$102M; 03/05/2018 – Medifast 1Q EPS $1.01; 15/03/2018 – Medifast, Inc. Announces Quarterly Dividend; 06/03/2018 – Medifast: Jeffrey Brown Will Succeed Connolly as Audit Committee Chair; 06/03/2018 – MEDIFAST INC MED.N SEES FY 2018 SHR $3.15 TO $3.25; 03/05/2018 – Medifast Sees 2Q EPS 94c-EPS 97c; 03/05/2018 – MEDIFAST INC MED.N SEES FY 2018 REVENUE $385 MLN TO $395 MLN; 06/03/2018 – Medifast Sees FY EPS $3.15-EPS $3.25; 03/05/2018 – Medifast 1Q Rev $98.6M; 03/05/2018 – Medifast Raises FY View To Rev $385M-$395M

Advent Capital Management decreased its stake in Six Flags Entertainment Corp (SIX) by 23.81% based on its latest 2019Q1 regulatory filing with the SEC. Advent Capital Management sold 25,000 shares as the company’s stock declined 1.93% . The institutional investor held 80,000 shares of the services-misc. amusement & recreation company at the end of 2019Q1, valued at $3.95M, down from 105,000 at the end of the previous reported quarter. Advent Capital Management who had been investing in Six Flags Entertainment Corp for a number of months, seems to be less bullish one the $4.41 billion market cap company. The stock decreased 1.53% or $0.81 during the last trading session, reaching $52.26. About 391,586 shares traded. Six Flags Entertainment Corporation (NYSE:SIX) has declined 18.03% since August 2, 2018 and is downtrending. It has underperformed by 18.03% the S&P500. Some Historical SIX News: 22/05/2018 – Six Flags: Taylor Brooks Will Become Accounting Chief; 25/05/2018 – ChicagoBreaking: 5 things to know about Six Flags’ new Hangover thrill ride; 04/04/2018 – SIX FLAGS ENTERTAINMENT – CO, SAUDI ARABIA’S SOVEREIGN WEALTH FUND THE PUBLIC INVESTMENT FUND, PLAN TO DEVELOP SIX FLAGS-BRANDED THEME PARK IN RIYADH; 24/04/2018 – Six Flags: 1Q Attendance Up 27%; 06/04/2018 – Six Flags to Open the First Six Flags-branded Theme Park in Qiddiya, Kingdom of Saudi Arabia; 25/04/2018 – Six Flags Closes Above 200-Day Moving Average: Technicals; 31/05/2018 – DC Super-Villain HARLEY QUINN Spinsanity Now Open at Six Flags New England; 04/04/2018 – International Expansion Continues with Six Flags-Branded Park in Saudi Arabia; 22/05/2018 – Six Flags to Operate Darien Lake in Upstate New York and Wet n’ Wild Parks in Houston and Glendale, Ariz; 28/05/2018 – Six Flags Over Georgia Debuts Twisted Cyclone Roller Coaster

Analysts await Six Flags Entertainment Corporation (NYSE:SIX) to report earnings on October, 22. They expect $2.31 EPS, up 6.94% or $0.15 from last year’s $2.16 per share. SIX’s profit will be $194.84 million for 5.66 P/E if the $2.31 EPS becomes a reality. After $1.00 actual EPS reported by Six Flags Entertainment Corporation for the previous quarter, Wall Street now forecasts 131.00% EPS growth.

More notable recent Six Flags Entertainment Corporation (NYSE:SIX) news were published by: Globenewswire.com which released: “Hubbell Reports Second Quarter 2019 Results NYSE:HUBA – GlobeNewswire” on July 30, 2019, also Globenewswire.com with their article: “Teleflex Reports Second Quarter 2019 Results NYSE:TFX – GlobeNewswire” published on August 01, 2019, Globenewswire.com published: “AK Steel Announces Second Quarter 2019 Financial Results – GlobeNewswire” on July 29, 2019. More interesting news about Six Flags Entertainment Corporation (NYSE:SIX) were released by: Seekingalpha.com and their article: “Wells Fargo: Halftime Report – Wells Fargo & Company (NYSE:WFC) – Seeking Alpha” published on July 04, 2019 as well as Globenewswire.com‘s news article titled: “TC PipeLines, LP announces 2019 second quarter financial results – GlobeNewswire” with publication date: August 01, 2019.

Advent Capital Management, which manages about $4.53B US Long portfolio, upped its stake in Blackstone Mortgage Tr (Prn) by 1.91 million shares to 35.16 million shares, valued at $35.39M in 2019Q1, according to the filing. It also increased its holding in Pfizer Inc (NYSE:PFE) by 85,000 shares in the quarter, for a total of 100,000 shares, and has risen its stake in Assurant Inc.

More notable recent Medifast, Inc. (NYSE:MED) news were published by: Finance.Yahoo.com which released: “The Medifast (NYSE:MED) Share Price Has Soared 324%, Delighting Many Shareholders – Yahoo Finance” on May 31, 2019, also Seekingalpha.com with their article: “Pooled post-hoc data support efficacy of Lilly’s migraine med Emgality – Seeking Alpha” published on July 12, 2019, Prnewswire.com published: “Medifast, Inc. Announces Second Quarter 2019 Results – PRNewswire” on August 01, 2019. More interesting news about Medifast, Inc. (NYSE:MED) were released by: Seekingalpha.com and their article: “FDA accepts Novartis’ application for sickle cell med crizanlizumab – Seeking Alpha” published on July 16, 2019 as well as Prnewswire.com‘s news article titled: “OPTAVIA® Hosts First Global Convention with Record-Breaking Attendance – PRNewswire” with publication date: July 29, 2019.

Investors sentiment increased to 1.26 in Q1 2019. Its up 0.07, from 1.19 in 2018Q4. It increased, as 33 investors sold MED shares while 61 reduced holdings. 47 funds opened positions while 71 raised stakes. 11.33 million shares or 0.23% more from 11.30 million shares in 2018Q4 were reported. The Iowa-based Principal Group Inc has invested 0.03% in Medifast, Inc. (NYSE:MED). Pathstone Family Office Ltd Liability owns 339 shares for 0.01% of their portfolio. Hbk Invests Limited Partnership holds 0.06% of its portfolio in Medifast, Inc. (NYSE:MED) for 34,485 shares. Bnp Paribas Arbitrage has invested 0% of its portfolio in Medifast, Inc. (NYSE:MED). Proshare Advsr Limited Liability Com reported 1,614 shares or 0% of all its holdings. Dupont Cap Corporation stated it has 2,725 shares. Mutual Of America Capital Mngmt Ltd Liability Corporation accumulated 939 shares. Cubist Systematic Strategies Limited Liability Co stated it has 25,615 shares or 0.11% of all its holdings. Goldman Sachs Gru reported 57,013 shares stake. Zacks Investment Mngmt, Illinois-based fund reported 8,347 shares. Louisiana State Employees Retirement Systems invested in 0.03% or 4,400 shares. Employees Retirement Of Texas has 0.01% invested in Medifast, Inc. (NYSE:MED). Envestnet Asset Management accumulated 2,765 shares. Royal Bank Of Canada stated it has 13,248 shares. Bridgeway Capital invested in 3,500 shares or 0.01% of the stock.

Osterweis Capital Management Inc, which manages about $1.62B and $1.60B US Long portfolio, decreased its stake in Alteryx Inc by 59,030 shares to 83,070 shares, valued at $6.97 million in 2019Q1, according to the filing. It also reduced its holding in Danaher Corporation (NYSE:DHR) by 5,050 shares in the quarter, leaving it with 287,641 shares, and cut its stake in Etsy Inc.

Medifast, Inc. (NYSE:MED) Institutional Positions 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.

Related Posts:

  • No Related Posts

Medifast, Inc. (MED) EPS Estimated At $1.70

… also Marketwatch.com with their article: “Aurora Cannabis weighs on sector after BofA downgrade highlights its cash burn – MarketWatch” published …

Medifast, Inc. (NYSE:MED) Logo
Investors sentiment increased to 1.26 in Q1 2019. Its up 0.07, from 1.19 in 2018Q4. It is positive, as 33 investors sold Medifast, Inc. shares while 61 reduced holdings. 47 funds opened positions while 71 raised stakes. 11.33 million shares or 0.23% more from 11.30 million shares in 2018Q4 were reported.

Proshare Advsrs accumulated 1,614 shares. Rhumbline Advisers owns 34,458 shares for 0.01% of their portfolio. Pictet Asset Mgmt Limited invested in 186,845 shares. Qs Invsts Ltd Liability owns 36,452 shares or 0.05% of their US portfolio. Chicago Equity Prtnrs Limited Liability Company has 25,156 shares for 0.12% of their portfolio. Moreover, Us Bancorporation De has 0% invested in Medifast, Inc. (NYSE:MED). Bankshares Of Montreal Can reported 0% of its portfolio in Medifast, Inc. (NYSE:MED). Cubist Systematic Strategies Lc, a Connecticut-based fund reported 25,615 shares. Fuller Thaler Asset Management owns 140 shares. 12 West Management Limited Partnership reported 1.2% of its portfolio in Medifast, Inc. (NYSE:MED). Advisory Services Network Limited Liability Company owns 465 shares. Jpmorgan Chase Com holds 38,343 shares or 0% of its portfolio. Bridgeway Management reported 3,500 shares or 0.01% of all its holdings. Barclays Public Limited Company holds 0% or 8,760 shares in its portfolio. Whittier Tru invested in 0% or 5 shares.

Analysts expect Medifast, Inc. (NYSE:MED) to report $1.70 EPS on August, 1.They anticipate $0.54 EPS change or 46.55 % from last quarter’s $1.16 EPS. MED’s profit would be $20.22 million giving it 16.73 P/E if the $1.70 EPS is correct. After having $1.70 EPS previously, Medifast, Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.18% or $0.21 during the last trading session, reaching $113.74. About 312,262 shares traded or 27.57% up from the average. Medifast, Inc. (NYSE:MED) has risen 13.21% since July 21, 2018 and is uptrending. It has outperformed by 8.78% the S&P500.

Medifast, Inc. (NYSE:MED) Ratings Coverage

Among 2 analysts covering Medifast Inc (NYSE:MED), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Medifast Inc had 4 analyst reports since February 25, 2019 according to SRatingsIntel. On Monday, March 11 the stock rating was maintained by DA Davidson with “Buy”. Sidoti maintained it with “Buy” rating and $216 target in Wednesday, February 27 report. DA Davidson maintained Medifast, Inc. (NYSE:MED) rating on Monday, February 25. DA Davidson has “Buy” rating and $249 target.

Medifast, Inc., through its subsidiaries, produces, distributes, and sells weight loss, weight management, healthy living products, and other consumable health and diet products. The company has market cap of $1.35 billion. The firm offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, eggs, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape For Life, Flavors of Home, and Essential 1 brands, as well as Dual Fuel, a sports nutrition pilot program. It has a 21.39 P/E ratio. It also provides meal replacements comprising vitamins and minerals; and hydration products, as well as other nutrients for health purposes.

More notable recent Medifast, Inc. (NYSE:MED) news were published by: Seekingalpha.com which released: “FDA OKs Pfizer’s Avastin biosimilar; shares up 1% premarket – Seeking Alpha” on June 28, 2019, also Marketwatch.com with their article: “Aurora Cannabis weighs on sector after BofA downgrade highlights its cash burn – MarketWatch” published on July 19, 2019, Seekingalpha.com published: “FDA OKs Novartis’ generic Farxiga – Seeking Alpha” on July 18, 2019. More interesting news about Medifast, Inc. (NYSE:MED) were released by: Seekingalpha.com and their article: “Glaxo launches late-stage development of RA med otilimab – Seeking Alpha” published on July 03, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is NOW Inc (DNOW) A Good Stock To Buy? – Yahoo Finance” with publication date: June 25, 2019.

Medifast, Inc. (NYSE:MED) Institutional Positions 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.

Related Posts:

  • No Related Posts

Acadian Asset Management LLC Sells 1262 Shares of Medifast Inc (NYSE:MED)

Acadian Asset Management LLC lessened its stake in Medifast Inc (NYSE:MED) by 0.3% in the 1st quarter, according to the company in its most …

Medifast logoAcadian Asset Management LLC lessened its stake in Medifast Inc (NYSE:MED) by 0.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 431,685 shares of the specialty retailer’s stock after selling 1,262 shares during the quarter. Acadian Asset Management LLC owned approximately 3.63% of Medifast worth $55,063,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. increased its holdings in Medifast by 0.6% in the 4th quarter. BlackRock Inc. now owns 1,703,080 shares of the specialty retailer’s stock worth $212,920,000 after acquiring an additional 10,586 shares in the last quarter. MERIAN GLOBAL INVESTORS UK Ltd increased its holdings in Medifast by 3.7% in the 1st quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 315,012 shares of the specialty retailer’s stock worth $40,179,000 after acquiring an additional 11,347 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Medifast by 22.3% in the 4th quarter. Principal Financial Group Inc. now owns 215,436 shares of the specialty retailer’s stock worth $26,933,000 after acquiring an additional 39,238 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Medifast by 2.4% in the 4th quarter. Bank of New York Mellon Corp now owns 195,497 shares of the specialty retailer’s stock worth $24,440,000 after acquiring an additional 4,546 shares in the last quarter. Finally, Millennium Management LLC increased its holdings in Medifast by 129.0% in the 4th quarter. Millennium Management LLC now owns 169,091 shares of the specialty retailer’s stock worth $21,140,000 after acquiring an additional 95,242 shares in the last quarter. 99.43% of the stock is owned by institutional investors.

Shares of Medifast stock traded down $1.87 during trading hours on Friday, reaching $137.29. 119,961 shares of the company’s stock were exchanged, compared to its average volume of 173,986. Medifast Inc has a 1 year low of $106.31 and a 1 year high of $260.98. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 29.72 and a beta of 0.81.

Medifast (NYSE:MED) last released its earnings results on Wednesday, May 1st. The specialty retailer reported $1.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.18. Medifast had a net margin of 11.32% and a return on equity of 57.73%. The business had revenue of $165.88 million during the quarter, compared to analyst estimates of $153.48 million. During the same quarter in the prior year, the firm earned $1.01 earnings per share. The company’s revenue for the quarter was up 68.2% compared to the same quarter last year. As a group, equities analysts expect that Medifast Inc will post 6.8 EPS for the current fiscal year.

A number of research firms have recently issued reports on MED. Zacks Investment Research lowered shares of Medifast from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 1st. Sidoti upped their target price on shares of Medifast from $211.00 to $216.00 and gave the stock a “buy” rating in a report on Wednesday, February 27th.

In other news, Director Carl E. Sassano sold 850 shares of the company’s stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $143.94, for a total transaction of $122,349.00. Following the completion of the sale, the director now owns 17,792 shares of the company’s stock, valued at $2,560,980.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.00% of the stock is owned by corporate insiders.

TRADEMARK VIOLATION WARNING: This report was originally posted by Tech Know Bits and is the property of of Tech Know Bits. If you are accessing this report on another publication, it was stolen and republished in violation of US & international copyright laws. The legal version of this report can be read at https://techknowbits.com/2019/06/16/acadian-asset-management-llc-sells-1262-shares-of-medifast-inc-med.html.

Medifast Company Profile

Medifast, Inc, through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by OPTAVIA, Flavors of Home, and Essential 1 brands.

Featured Story: Fundamental Analysis and Choosing Stocks

Institutional Ownership by Quarter for Medifast (NYSE:MED)

Receive News & Ratings for Medifast Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Medifast and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Facebook (FB) Holder Raging Capital Management Has Trimmed Stake; Medifast (MED) Market …

… Secure Enterprise Collaboration; 23/03/2018 – FOLLOWING ELON MUSK’S TWEET, TESLA AND SPACEX FACEBOOK PAGES NOW DELETED; …

Medifast, Inc. (NYSE:MED) Logo

Raging Capital Management Llc decreased its stake in Facebook Inc (FB) by 18.53% based on its latest 2019Q1 regulatory filing with the SEC. Raging Capital Management Llc sold 31,950 shares as the company’s stock rose 13.53% with the market. The hedge fund held 140,500 shares of the technology company at the end of 2019Q1, valued at $23.42 million, down from 172,450 at the end of the previous reported quarter. Raging Capital Management Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $517.61 billion market cap company. The stock increased 2.18% or $3.86 during the last trading session, reaching $181.33. About 16.25 million shares traded. Facebook, Inc. (NASDAQ:FB) has declined 0.20% since June 16, 2018 and is downtrending. It has underperformed by 4.63% the S&P500. Some Historical FB News: 25/04/2018 – Facebook Stays in the Friend Zone; 20/03/2018 – Facebook’s Lax Data Policies Led to Cambridge Analytica Crisis; 08/05/2018 – FACEBOOK – FOLLOWING ZIENTS’S APPOINTMENT BOARD WILL CONSIST OF SEVEN INDEPENDENT, NON-EMPLOYEE DIRECTORS OUT OF NINE TOTAL DIRECTORS; 16/05/2018 – U.S. SENATE VOTES 52-47 TO RETAIN THE 2015 NET NEUTRALITY RULES, SENDING MEASURE TO THE U.S. HOUSE; 23/05/2018 – Okta and Workplace by Facebook Partner to Power and Secure Enterprise Collaboration; 23/03/2018 – FOLLOWING ELON MUSK’S TWEET, TESLA AND SPACEX FACEBOOK PAGES NOW DELETED; 01/05/2018 – There are a lot of reasons Facebook wants to get virtual reality right. But one big one? Facebook paid more than $3 billion for Oculus, and has no doubt invested hundreds of millions more since it was acquired; 15/05/2018 – Facebook’s data scandal isn’t scaring away advertisers, says Publicis CEO; 11/05/2018 – BRIEF-Facebook Plans To Create Its Own Cryptocurrency – Cheddar, Citing; 27/04/2018 – Facebook Introduces New Tools to Make Fundraisers Even More Impactful

Osterweis Capital Management Inc increased its stake in Medifast Inc (MED) by 20.19% based on its latest 2019Q1 regulatory filing with the SEC. Osterweis Capital Management Inc bought 4,565 shares as the company’s stock rose 7.71% with the market. The hedge fund held 27,175 shares of the packaged foods company at the end of 2019Q1, valued at $3.47 million, up from 22,610 at the end of the previous reported quarter. Osterweis Capital Management Inc who had been investing in Medifast Inc for a number of months, seems to be bullish on the $1.63B market cap company. The stock decreased 1.34% or $1.87 during the last trading session, reaching $137.29. About 117,873 shares traded. Medifast, Inc. (NYSE:MED) has risen 13.21% since June 16, 2018 and is uptrending. It has outperformed by 8.78% the S&P500. Some Historical MED News: 06/03/2018 – Medifast Sees 1Q Rev $88.5M-$91.5M; 03/05/2018 – Medifast Sees 2Q Rev $99M-$102M; 03/05/2018 – Medifast 1Q EPS $1.01; 03/05/2018 – Medifast 1Q Rev $98.6M; 06/03/2018 – Medifast: Charles Connolly Will Not Stand for Reelection to Board at June Meeting; 03/05/2018 – Medifast Raises FY View To EPS $3.55-EPS $3.65; 06/03/2018 – MEDIFAST INC MED.N SEES FY 2018 REVENUE $350 MLN TO $360 MLN; 06/03/2018 – Medifast: Glenn Welling Resigned From the Board; 06/03/2018 – Medifast: Jeffrey Brown Will Succeed Connolly as Audit Committee Chair; 03/05/2018 – MEDIFAST INC MED.N SEES FY 2018 REVENUE $385 MLN TO $395 MLN

Osterweis Capital Management Inc, which manages about $1.62B and $1.60 billion US Long portfolio, decreased its stake in Magellan Midstream Prtnrs Lp (NYSE:MMP) by 5,739 shares to 284,814 shares, valued at $17.27M in 2019Q1, according to the filing. It also reduced its holding in Novartis A G (NYSE:NVS) by 67,100 shares in the quarter, leaving it with 304,973 shares, and cut its stake in Floor & Decor Hldgs Inc.

More notable recent Medifast, Inc. (NYSE:MED) news were published by: Seekingalpha.com which released: “Medifast, Inc. (MED) CEO Dan Chard on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 26, 2019, also Investorplace.com with their article: “Medifast Stock Is Still Worth Pouring Into – Investorplace.com” published on August 20, 2018, Finance.Yahoo.com published: “The Week In Cannabis: Earnings Madness, Illinois Legalization, FDA Hearing, And More – Yahoo Finance” on June 02, 2019. More interesting news about Medifast, Inc. (NYSE:MED) were released by: Juniorminingnetwork.com and their article: “Medgold Announces Start of 2019 Exploration Drilling Program at its Tlamino Project, Serbia – Junior Mining Network” published on May 29, 2019 as well as Finance.Yahoo.com‘s news article titled: “Aurora Cannabis and UFC® Join Forces to Advance CBD Research, Education, and Product Development – Yahoo Finance” with publication date: May 21, 2019.

Investors sentiment increased to 1.26 in 2019 Q1. Its up 0.07, from 1.19 in 2018Q4. It improved, as 33 investors sold MED shares while 61 reduced holdings. 47 funds opened positions while 71 raised stakes. 11.33 million shares or 0.23% more from 11.30 million shares in 2018Q4 were reported. South Dakota Inv Council, a South Dakota-based fund reported 1,460 shares. Pictet Asset Mngmt Ltd has invested 0.05% in Medifast, Inc. (NYSE:MED). Globeflex Capital LP owns 0.19% invested in Medifast, Inc. (NYSE:MED) for 7,023 shares. Qs Invsts Ltd holds 36,452 shares or 0.05% of its portfolio. Smith Asset Mgmt Group Inc LP has 4,924 shares. Amer Intll has 0% invested in Medifast, Inc. (NYSE:MED) for 8,854 shares. State Street reported 0% stake. Moreover, Ingalls Snyder Ltd Liability Co has 0.35% invested in Medifast, Inc. (NYSE:MED) for 56,805 shares. Eulav Asset stated it has 0.06% of its portfolio in Medifast, Inc. (NYSE:MED). 31,602 are held by Aperio Ltd Liability Corp. Merian Glob (Uk) Limited reported 315,012 shares or 0.37% of all its holdings. Invesco has 0% invested in Medifast, Inc. (NYSE:MED) for 58,189 shares. Hillsdale Investment Mngmt stated it has 0.16% of its portfolio in Medifast, Inc. (NYSE:MED). First Quadrant LP Ca holds 7,421 shares or 0.07% of its portfolio. Sei Invests Company reported 0.01% in Medifast, Inc. (NYSE:MED).

Since December 27, 2018, it had 0 buys, and 9 sales for $28.60 million activity. Sandberg Sheryl sold $7.27 million worth of Facebook, Inc. (NASDAQ:FB) on Thursday, December 27. 4,761 shares valued at $788,374 were sold by Wehner David M. on Thursday, January 31. Stretch Colin had sold 9,000 shares worth $1.35 million on Wednesday, January 30.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Nasdaq.com which released: “Trade of the Day: Facebook Stock Is Ready for a Bounce – Nasdaq” on June 05, 2019, also Nasdaq.com with their article: “Facebook (FB) Gains As Market Dips: What You Should Know – Nasdaq” published on June 11, 2019, Nasdaq.com published: “Facebook Really Wants You to Know How Sorry It Is – Nasdaq” on June 14, 2019. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Benzinga.com and their article: “Facebook, Inc. (NASDAQ:FB) – Conditions For Fleets Are Deteriorating And It Will Get Bloody – Benzinga” published on May 22, 2019 as well as Nasdaq.com‘s news article titled: “Google Welcomes Single Sign-On Competition From Apple – Nasdaq” with publication date: June 12, 2019.

Raging Capital Management Llc, which manages about $631.31M and $689.25M US Long portfolio, upped its stake in Cvr Partners Lp (NYSE:UAN) by 3.52 million shares to 8.87M shares, valued at $35.13 million in 2019Q1, according to the filing. It also increased its holding in Allergan Plc by 28,600 shares in the quarter, for a total of 74,100 shares, and has risen its stake in Upland Software Inc.

Investors sentiment increased to 1.15 in 2019 Q1. Its up 0.44, from 0.71 in 2018Q4. It increased, as 70 investors sold FB shares while 592 reduced holdings. 174 funds opened positions while 590 raised stakes. 1.69 billion shares or 2.26% less from 1.73 billion shares in 2018Q4 were reported. Renaissance Limited Liability holds 171,276 shares or 1.14% of its portfolio. Green Square Ltd holds 5,011 shares or 0.54% of its portfolio. Markston Limited Com has invested 1.54% of its portfolio in Facebook, Inc. (NASDAQ:FB). First National Co holds 0.51% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 30,316 shares. Rothschild Invest Corporation Il stated it has 0.44% in Facebook, Inc. (NASDAQ:FB). Clifford Swan Investment Counsel Ltd invested 0.08% in Facebook, Inc. (NASDAQ:FB). Northeast Financial Consultants Inc stated it has 6,550 shares. Taconic Capital Advsrs Ltd Partnership owns 200,000 shares. Japan-based Mutual Ins Federation Of Agricultural Cooperatives has invested 0.04% in Facebook, Inc. (NASDAQ:FB). Winslow Capital Mngmt has 3.50M shares for 3.16% of their portfolio. Nokota Limited Partnership has 0.43% invested in Facebook, Inc. (NASDAQ:FB). Jfs Wealth Advsr Limited Liability Corporation accumulated 2,290 shares. Thomas White Limited holds 0.23% or 7,780 shares in its portfolio. Lpl Finance Limited Liability Co has invested 0.28% in Facebook, Inc. (NASDAQ:FB). Axon Capital Ltd Partnership holds 50,500 shares.

Medifast, Inc. (NYSE:MED) Institutional Positions 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.

Related Posts:

  • No Related Posts