Pnc Financial Services Group Inc Decreased Neogen Corp (NASDAQ:NEOG) Stake By $19.47 Million

August 12, 2018 - By Richard Doty

Neogen Corporation (NASDAQ:NEOG) LogoInvestors sentiment increased to 6.71 in 2018 Q1. Its up 5.22, from 1.49 in 2017Q4. It improved, as 13 investors sold NEOG shares while 15 reduced holdings. 27 funds opened positions while 161 raised stakes. 90.94 million shares or 167.86% more from 33.95 million shares in 2017Q4 were reported. North Star Asset Mgmt holds 3,268 shares or 0.02% of its portfolio. Amer Int Gp reported 0.01% of its portfolio in Neogen Corporation (NASDAQ:NEOG). Zebra Capital Mgmt Ltd Liability accumulated 20,083 shares. Family Firm accumulated 5,407 shares. Savings Bank Of Montreal Can reported 9,973 shares. Etrade Mngmt Ltd Liability holds 0.02% or 6,979 shares. Teacher Retirement Systems Of Texas invested 0.01% in Neogen Corporation (NASDAQ:NEOG). Carnegie Capital Asset Llc stated it has 123,650 shares. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Neogen Corporation (NASDAQ:NEOG). Teachers Retirement Systems Of The State Of Kentucky holds 0.01% or 16,132 shares. Raymond James Trust Na holds 0.02% or 3,800 shares. 76,407 were reported by California State Teachers Retirement Sys. Stone Ridge Asset Limited Company invested in 3,913 shares. Price T Rowe Assocs Inc Md has 16,029 shares. Stephens Inv Gru Ltd Limited Liability Company holds 1.36% of its portfolio in Neogen Corporation (NASDAQ:NEOG) for 938,011 shares.

Since February 15, 2018, it had 0 buys, and 22 sales for $21.89 million activity. The insider MORRICAL TERRI A sold $1.27M. $435,000 worth of stock was sold by PAPESH G BRUCE on Wednesday, May 16. The insider REED THOMAS H sold 5,333 shares worth $440,286. Quinlan Steven J. sold 2,000 shares worth $120,294. BOEHM WILLIAM T sold $34,920 worth of stock or 500 shares. Another trade for 7,000 shares valued at $417,223 was sold by BRADLEY EDWARD.

Pnc Financial Services Group Inc decreased its stake in Neogen Corp (NASDAQ:NEOG) by 25.66% based on its latest 2018Q2 regulatory filing with the SEC. Pnc Financial Services Group Inc sold 243,423 shares as the company’s stock rose 22.25% while stock markets declined. The institutional investor held 705,168 shares of the in vitro & in vivo diagnostic substances company at the end of 2018Q2, valued at $56.55 million, down from 948,591 at the end of the previous reported quarter. Pnc Financial Services Group Inc who had been investing in Neogen Corp for a number of months, seems to be less bullish one the $4.33B market cap company. The stock decreased 0.21% or $0.18 during the last trading session, reaching $83.6. About 183,011 shares traded. Neogen Corporation (NASDAQ:NEOG) has risen 56.69% since August 13, 2017 and is uptrending. It has outperformed by 44.12% the S&P500.

Pnc Financial Services Group Inc, which manages about $101.32B US Long portfolio, upped its stake in Simon Ppty Group Inc New (NYSE:SPG) by 126,028 shares to 195,962 shares, valued at $33.35 million in 2018Q2, according to the filing. It also increased its holding in Danaher Corp Del (NYSE:DHR) by 478,087 shares in the quarter, for a total of 776,159 shares, and has risen its stake in Ishares Tr (IJR).

Neogen Corporation, together with its subsidiaries, develops, makes, and markets various products for food and animal safety worldwide. The company has market cap of $4.33 billion. It operates through two divisions, Food Safety and Animal Safety. It has a 69.09 P/E ratio. The Food Safety segment primarily offers diagnostic test kits and complementary to detect dangerous and/or unintended substances in human food and animal feed, such as foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test for adenosine triphosphate, a chemical found in living cells.

More important recent Neogen Corporation (NASDAQ:NEOG) news were published by: Benzinga.com which released: “Earnings Preview For Neogen” on July 16, 2018, also Seekingalpha.com published article titled: “Neogen Corporation (NEOG) CEO John Adent on Q4 2018 Results – Earnings Call Transcript”, Seekingalpha.com published: “Neogen’s Story Continues To Work” on July 24, 2018. More interesting news about Neogen Corporation (NASDAQ:NEOG) was released by: Twst.com and their article: “Derek Johnston, Portfolio Manager for Conestoga Capital, Owns Neogen (NASDAQ:NEOG), CoStar Group (NASDAQ …” with publication date: August 09, 2018.

Neogen Corporation (NASDAQ:NEOG) 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.