Independent Bank Mich (IBCP) Stake Has Boosted by Pl Capital Advisors Llc; Teva Pharmaceutical Inds LTD (TEVA) Share Price Declined While Allstate Has Increased by $600,210 Its Position

Independent Bank Corporation (NASDAQ:IBCP) Logo

Pl Capital Advisors Llc increased its stake in Independent Bank Mich (IBCP) by 12.29% based on its latest 2019Q1 regulatory filing with the SEC. Pl Capital Advisors Llc bought 200,000 shares as the company’s stock rose 1.35% . The institutional investor held 1.83M shares of the major banks company at the end of 2019Q1, valued at $39.29 million, up from 1.63 million at the end of the previous reported quarter. Pl Capital Advisors Llc who had been investing in Independent Bank Mich for a number of months, seems to be bullish on the $438.29M market cap company. The stock decreased 0.05% or $0.01 during the last trading session, reaching $19.48. About 70,902 shares traded. Independent Bank Corporation (NASDAQ:IBCP) has declined 12.87% since August 16, 2018 and is downtrending. It has underperformed by 12.87% the S&P500. Some Historical IBCP News: 22/03/2018 – Independent Bank – Mich Closes Below 50-Day Average: Technicals; 11/04/2018 – Idaho Independent Bank 1Q EPS 18c; 15/03/2018 – INDEPENDENT BANK: HOLDER APPROVAL TO BUY TRAVERSE CITY STATE; 24/04/2018 – Independent Bank Corp: Terry Beia Appointed to Its Bd of Directors; 20/04/2018 – DJ Independent Bank Corporation, Inst Holders, 1Q 2018 (IBCP); 02/04/2018 – Independent Bank Corporation Announces Completion Of Merger With TCSB Bancorp, Inc; 24/04/2018 – Independent Bank Corporation Announces Appointment of Terry Beia to Its Board of Directors; 11/04/2018 – Idaho Independent Bank 1Q Net $1.43M; 15/03/2018 Independent Bank Corporation Announces Shareholder Approval To Acquire Traverse City State Bank; 23/05/2018 – OTC Markets Group Welcomes Citizens Independent Bancorp to OTCQX

Allstate Corp increased its stake in Teva Pharmaceutical Inds Ltd (TEVA) by 184.35% based on its latest 2019Q1 regulatory filing with the SEC. Allstate Corp bought 40,014 shares as the company’s stock declined 47.93% . The institutional investor held 61,719 shares of the major pharmaceuticals company at the end of 2019Q1, valued at $968,000, up from 21,705 at the end of the previous reported quarter. Allstate Corp who had been investing in Teva Pharmaceutical Inds Ltd for a number of months, seems to be bullish on the $7.15B market cap company. The stock decreased 2.22% or $0.14 during the last trading session, reaching $6.16. About 22.36M shares traded or 8.52% up from the average. Teva Pharmaceutical Industries Limited (NYSE:TEVA) has declined 66.58% since August 16, 2018 and is downtrending. It has underperformed by 66.58% the S&P500. Some Historical TEVA News: 29/03/2018 – Dulera ( mometasone + formoterol ; Merck & Co) Drug Analysis 2018 – ResearchAndMarkets.com; 15/05/2018 – BERKSHIRE HATHAWAY MORE THAN DOUBLES SHARE STAKE IN TEVA TO 40.5 MLN SPONSORED ADRS – SEC FILING; 05/04/2018 – INDIVIOR FILES PATENT SUITS VS ALVOGEN, TEVA; 29/05/2018 – Top research execs from Teva, Allergan recruited to help lead Axovant out of the R&D wasteland $AXON $AGN $TEVA; 03/05/2018 – Teva Pharmaceutical Inds 1Q EPS 94c; 28/03/2018 – Xenon Pharmaceuticals Confirms Closing of Transaction with Teva and Announces Preferred Share Exchange Agreement with BVF Partners L.P; 03/05/2018 – TEVA 1Q ADJ EPS 94C, EST. 67C; 25/04/2018 – Katherine Doherty: Generic-drug companies, including Teva Pharmaceuticals, to face first charges in U.S. probe, sources say…; 07/05/2018 – Biogen’s Tecfidera Falls After 1-Wk Rise, Copaxone Declines: MS; 14/05/2018 – Cinqair (reslizumab; Teva) Drug Overview 2018 – ResearchAndMarkets.com

More notable recent Teva Pharmaceutical Industries Limited (NYSE:TEVA) news were published by: Globenewswire.com which released: “The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TEVA, CTST, FRED and RBGLY – GlobeNewswire” on July 25, 2019, also Finance.Yahoo.com with their article: “Better Turnaround Play: Bausch Health Companies or Teva Pharmaceutical Industries – Yahoo Finance” published on May 22, 2019, Finance.Yahoo.com published: “Teva Announces CFO Leadership Transition – Yahoo Finance” on August 07, 2019. More interesting news about Teva Pharmaceutical Industries Limited (NYSE:TEVA) were released by: Seekingalpha.com and their article: “Bausch Health settles Apriso patent dispute with Teva – Seeking Alpha” published on July 31, 2019 as well as Schaeffersresearch.com‘s news article titled: “3 Sinking Stocks Seeing Heavy Options Trading – Schaeffers Research” with publication date: August 14, 2019.

Allstate Corp, which manages about $3.71B US Long portfolio, decreased its stake in Walgreens Boots Alliance Inc by 11,999 shares to 48,439 shares, valued at $3.07 million in 2019Q1, according to the filing. It also reduced its holding in Ishares Tr (IWB) by 494,378 shares in the quarter, leaving it with 897,288 shares, and cut its stake in Kellogg Co (NYSE:K).

Investors sentiment decreased to 0.97 in 2019 Q1. Its down 0.27, from 1.24 in 2018Q4. It turned negative, as 12 investors sold IBCP shares while 47 reduced holdings. 19 funds opened positions while 38 raised stakes. 17.82 million shares or 0.73% more from 17.69 million shares in 2018Q4 were reported. Geode Capital Mngmt Lc owns 296,687 shares. Blackrock reported 0% of its portfolio in Independent Bank Corporation (NASDAQ:IBCP). Credit Suisse Ag holds 0% or 19,428 shares. Principal Fincl reported 197,593 shares or 0% of all its holdings. Moody Commercial Bank Tru Division holds 322 shares or 0% of its portfolio. Vanguard holds 1.13 million shares or 0% of its portfolio. Bankshares Of Montreal Can reported 10,627 shares or 0% of all its holdings. Ameritas Invest Prtn has 0% invested in Independent Bank Corporation (NASDAQ:IBCP). Metropolitan Life Ins New York reported 5,795 shares stake. Maltese Management Limited Liability Corporation holds 1.65% or 1.00M shares. Indexiq Advsr Ltd Liability holds 59,684 shares. New Jersey-based Prudential Fincl Inc has invested 0% in Independent Bank Corporation (NASDAQ:IBCP). Victory Capital Mngmt Incorporated holds 85,289 shares or 0% of its portfolio. 50,048 were accumulated by Charles Schwab Investment. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 1,898 shares or 0% of the stock.

Independent Bank Corporation (NASDAQ:IBCP) 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.