Newfocus Financial Group Decreased Holding in Quest Diagnostics (DGX) by $671,138; Nokia (NOK) Shares Rose While Wexford Capital LP Decreased Position

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Newfocus Financial Group Llc decreased its stake in Quest Diagnostics Inc (DGX) by 40.84% based on its latest 2018Q4 regulatory filing with the SEC. Newfocus Financial Group Llc sold 8,086 shares as the company’s stock declined 11.57% while stock markets rallied. The institutional investor held 11,713 shares of the medical specialities company at the end of 2018Q4, valued at $975,000, down from 19,799 at the end of the previous reported quarter. Newfocus Financial Group Llc who had been investing in Quest Diagnostics Inc for a number of months, seems to be less bullish one the $11.88B market cap company. The stock increased 0.63% or $0.55 during the last trading session, reaching $88.45. About 1.55M shares traded or 13.73% up from the average. Quest Diagnostics Incorporated (NYSE:DGX) has declined 14.63% since March 17, 2018 and is downtrending. It has underperformed by 19.00% the S&P500. Some Historical DGX News: 19/04/2018 – QUEST DIAGNOSTICS INC DGX.N FY2018 SHR VIEW $6.60, REV VIEW $7.72 BLN — THOMSON REUTERS l/B/E/S; 14/03/2018 – GENOMIC VISION SA GVI.PA – IF SUCCESSFULLY, GENOMIC VISION WILL RECEIVE ROYALTIES FOR ANY TEST SERVICE INDEPENDENTLY DEVELOPED BY QUEST AS A RESULT OF RESEARCH; 16/05/2018 – Quest Diagnostics Presenting at Conference Jun 13; 19/04/2018 – Quest Diagnostics Outlook for Full-Year 2018 Remains Unchanged; 14/05/2018 – Quest Diagnostics Declares Quarterly Cash Dividend; 02/04/2018 – Humana, MultiPlan, Optum, Quest, UnitedHealth Launch Blockchain Pilot Program; 04/05/2018 – Quest Diagnostics To Speak At The Deutsche Bank 43rd Annual Health Care Conference; 17/05/2018 – Quest Diagnostics adds Helen Torley to Board of Directors; 19/04/2018 – QUEST DIAGNOSTICS INC – QTRLY REVENUES OF $1.88 BLN, UP 3.7% FROM 2017; 19/04/2018 – DJ Quest Diagnostics Incorporated, Inst Holders, 1Q 2018 (DGX)

Wexford Capital Lp decreased its stake in Nokia Corp (NOK) by 22.31% based on its latest 2018Q4 regulatory filing with the SEC. Wexford Capital Lp sold 85,000 shares as the company’s stock rose 10.95% with the market. The hedge fund held 295,958 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q4, valued at $1.72 million, down from 380,958 at the end of the previous reported quarter. Wexford Capital Lp who had been investing in Nokia Corp for a number of months, seems to be less bullish one the $35.56B market cap company. The stock increased 2.73% or $0.17 during the last trading session, reaching $6.39. About 22.23M shares traded. Nokia Corporation (NYSE:NOK) has risen 5.56% since March 17, 2018 and is uptrending. It has outperformed by 1.19% the S&P500. Some Historical NOK News: 09/05/2018 – F-Prime Capital Partners Announces Parker Moss as New Entrepreneur-in-Residence; 11/04/2018 – Gowtham Prabakaran: Nokia 3 has started receiving its Android 8.0 Oreo update, HMD Global Chief Product Officer Juho Sarvikas; 20/04/2018 – Business Std.in: Nokia unit revival may breathe new life into TN electronics sector; 13/03/2018 – SOLIDIUM OY SLDUM.UL SAYS NOKIA FITS PERFECTLY INTO SOLIDIUM’S PORTFOLIO; 26/04/2018 – Nokia CEO: Networks Margins Weighed by Soft 1Q in North America; 24/04/2018 – Nokia Bell Labs and NTT DOCOMO collaborate on 5G innovations for massive capacity, low-latency support of future wireless appli; 20/04/2018 – Ericsson revival hopes lifted by cost cutting progress; 19/03/2018 – NOKIA OYJ – ALFA AND NOKIA PARTNER TO DEPLOY NOKIA AIRSCALE SOLUTION, SIGN MOU FOR NETWORK EVOLUTION TOWARD 5G; 25/04/2018 – Nokia launches industry-first Edge Cloud data center solution for the 5G era, supporting industry automation and consumer appli; 13/03/2018 – Finnish State Investor Spends $1 Billion Buying 3.3% of Nokia

Investors sentiment decreased to 0.98 in Q4 2018. Its down 0.08, from 1.06 in 2018Q3. It is negative, as 66 investors sold DGX shares while 168 reduced holdings. 56 funds opened positions while 173 raised stakes. 116.03 million shares or 5.89% more from 109.58 million shares in 2018Q3 were reported. Cape Cod Five Cents Bancshares invested in 3,500 shares. Loeb stated it has 0.14% in Quest Diagnostics Incorporated (NYSE:DGX). Brinker Capital invested 0.2% of its portfolio in Quest Diagnostics Incorporated (NYSE:DGX). Barclays Public Ltd Com has invested 0.01% in Quest Diagnostics Incorporated (NYSE:DGX). Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.05% or 4,533 shares in its portfolio. Creative Planning invested in 6,557 shares or 0% of the stock. Csat Investment Advisory LP has 250 shares. First Wilshire Securities Management Inc, California-based fund reported 2,450 shares. Oak Assocs Oh holds 0.14% of its portfolio in Quest Diagnostics Incorporated (NYSE:DGX) for 24,700 shares. Profund Advsrs Limited Com invested 0.02% in Quest Diagnostics Incorporated (NYSE:DGX). Poplar Forest Cap Limited Company accumulated 3,120 shares. Fiduciary Wi accumulated 4.21 million shares. Bradley Foster Sargent Inc Ct has invested 0.01% in Quest Diagnostics Incorporated (NYSE:DGX). Brandywine Inv Ltd Com holds 113,316 shares. Ariel Investments Ltd Company holds 354,042 shares or 0.41% of its portfolio.

Analysts await Quest Diagnostics Incorporated (NYSE:DGX) to report earnings on April, 18. They expect $1.36 EPS, down 10.53% or $0.16 from last year’s $1.52 per share. DGX’s profit will be $182.59 million for 16.26 P/E if the $1.36 EPS becomes a reality. After $1.36 actual EPS reported by Quest Diagnostics Incorporated for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

More notable recent Quest Diagnostics Incorporated (NYSE:DGX) news were published by: Seekingalpha.com which released: “Quest prices $500M debt offering – Seeking Alpha” on March 07, 2019, also Seekingalpha.com with their article: “Quest guidance cut a surprise – KeyBanc – Seeking Alpha” published on November 29, 2018, Globenewswire.com published: “Analysis: Positioning to Benefit within Quest Diagnostics, Autodesk, Agios Pharmaceuticals, AMN Healthcare Services, Vistra Energy, and Helen of Troy — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” on February 22, 2019. More interesting news about Quest Diagnostics Incorporated (NYSE:DGX) were released by: Globenewswire.com and their article: “Investor Expectations to Drive Momentum within Sea Limited Sponsored ADR, Physicians Realty Trust, Quest Diagnostics, Enbridge, Autohome, and ABB — Discovering Underlying Factors of Influence – GlobeNewswire” published on March 07, 2019 as well as Seekingalpha.com‘s news article titled: “Quest Diagnostics declares $0.53 dividend – Seeking Alpha” with publication date: March 01, 2019.

Analysts await Nokia Corporation (NYSE:NOK) to report earnings on April, 25. They expect $0.03 EPS, up 50.00% or $0.01 from last year’s $0.02 per share. NOK’s profit will be $166.93M for 53.25 P/E if the $0.03 EPS becomes a reality. After $0.15 actual EPS reported by Nokia Corporation for the previous quarter, Wall Street now forecasts -80.00% negative EPS growth.

Wexford Capital Lp, which manages about $6.34 billion and $1.17B US Long portfolio, upped its stake in Nextera Energy Partners Lp (NYSE:NEP) by 38,363 shares to 172,384 shares, valued at $7.42 million in 2018Q4, according to the filing. It also increased its holding in Energy Transfer Lp (NYSE:ETE) by 3.08M shares in the quarter, for a total of 3.79M shares, and has risen its stake in Hyatt Hotels Corp (NYSE:H).

Quest Diagnostics Incorporated (NYSE:DGX) Institutional Positions Chart