Tygh Capital Management Trimmed Icon Plc (ICLR) Position; Wells Fargo Advantage Multi-sector Income Fund (ERC)’s Sentiment Is 1.22

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Wells Fargo Advantage Multi-sector Income Fund (ERC) investors sentiment decreased to 1.22 in Q4 2018. It’s down -0.57, from 1.79 in 2018Q3. The ratio dived, as 22 active investment managers opened new or increased holdings, while 18 cut down and sold their stakes in Wells Fargo Advantage Multi-sector Income Fund. The active investment managers in our database now own: 6.14 million shares, up from 5.81 million shares in 2018Q3. Also, the number of active investment managers holding Wells Fargo Advantage Multi-sector Income Fund in top ten holdings was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 13 Increased: 13 New Position: 9.

Tygh Capital Management Inc decreased Icon Plc (ICLR) stake by 36.14% reported in 2018Q4 SEC filing. Tygh Capital Management Inc sold 16,694 shares as Icon Plc (ICLR)’s stock declined 2.36%. The Tygh Capital Management Inc holds 29,497 shares with $3.81 million value, down from 46,191 last quarter. Icon Plc now has $7.27 billion valuation. The stock increased 1.82% or $2.41 during the last trading session, reaching $134.64. About 1.16M shares traded or 262.45% up from the average. ICON Public Limited Company (NASDAQ:ICLR) has risen 22.37% since March 17, 2018 and is uptrending. It has outperformed by 18.00% the S&P500. Some Historical ICLR News: 19/04/2018 – Icon Presenting at Bank of America Conference May 15; 30/05/2018 – Icon at Goldman Sachs Global Health Care Conference Jun 14; 07/03/2018 Icon Non-Deal Roadshow Scheduled By SunTrust for Mar. 14; 02/05/2018 – Icon 1Q EPS $1.42; 17/04/2018 – ICON PLC – AGREED ON PRELIMINARY DEAL TERMS WITH INTEL TO ENABLE ICON TO OFFER INTEL PHARMA ANALYTICS PLATFORM FOR USE IN CLINICAL TRIALS; 17/04/2018 – ICON Announces Agreement with Intel Allowing Integration of the lntel® Pharma Analytics Platform for Clinical Trials; 02/04/2018 – Icon Closes Below 50-Day Moving Average: Technicals; 15/05/2018 – Saama Technologies and ICON Commercialization and Outcomes Partner to Unlock the Value of Real World Evidence (RWE); 14/05/2018 – Icon Presenting at Bank of America Conference Tomorrow; 01/04/2018 – Tigermed-backed Frontage Laboratories hires Goldman Sachs, BoAML for 3Q Hong Kong IPO

Tygh Capital Management Inc increased Wright Medical Group Nv stake by 102,820 shares to 448,806 valued at $12.22M in 2018Q4. It also upped Modine Manufacturing Co (NYSE:MOD) stake by 141,980 shares and now owns 559,279 shares. Realpage Inc (NASDAQ:RP) was raised too.

Analysts await ICON Public Limited Company (NASDAQ:ICLR) to report earnings on May, 1. They expect $1.61 EPS, up 13.38% or $0.19 from last year’s $1.42 per share. ICLR’s profit will be $86.90 million for 20.91 P/E if the $1.61 EPS becomes a reality. After $1.62 actual EPS reported by ICON Public Limited Company for the previous quarter, Wall Street now forecasts -0.62% negative EPS growth.

Among 4 analysts covering Icon (NASDAQ:ICLR), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Icon had 7 analyst reports since October 26, 2018 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Monday, February 25. Barclays Capital maintained it with “Equal-Weight” rating and $140 target in Thursday, February 21 report. Evercore upgraded the stock to “Outperform” rating in Friday, October 26 report. The firm earned “Buy” rating on Thursday, February 21 by Mizuho. On Friday, January 25 the stock rating was upgraded by Mizuho to “Buy”.

More notable recent ICON Public Limited Company (NASDAQ:ICLR) news were published by: Nasdaq.com which released: “Icon PLC (ICLR) Beats Q4 Earnings and Revenue Estimates – Nasdaq” on February 20, 2019, also Nasdaq.com with their article: “MolecularMD is acquired by ICON – Nasdaq” published on February 21, 2019, Seekingalpha.com published: “ICON acquires MolecularMD – Seeking Alpha” on February 21, 2019. More interesting news about ICON Public Limited Company (NASDAQ:ICLR) were released by: Benzinga.com and their article: “Earnings Scheduled For February 20, 2019 – Benzinga” published on February 20, 2019 as well as Globenewswire.com‘s news article titled: “Report: Developing Opportunities within Amazon, Prospect Capital, Alliance Data, Duke Realty, Stellus Capital Investment, and ICON — Future Expectations, Projections Moving into 2019 – GlobeNewswire” with publication date: February 27, 2019.

Selway Asset Management holds 0.65% of its portfolio in Wells Fargo Advantage Multi-Sector Income Fund for 79,081 shares. Shaker Financial Services Llc owns 74,150 shares or 0.46% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 0.31% invested in the company for 336,464 shares. The California-based First Foundation Advisors has invested 0.16% in the stock. Clough Capital Partners L P, a Massachusetts-based fund reported 70,807 shares.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $5,895 activity.

Wells Fargo Advantage Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The company has market cap of $378.99 million. The fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated. It currently has negative earnings. It invests in fixed income markets across the globe.

The stock decreased 0.41% or $0.05 during the last trading session, reaching $12.05. About 100,395 shares traded. Wells Fargo Advantage Multi-Sector Income Fund (ERC) has declined 5.71% since March 17, 2018 and is downtrending. It has underperformed by 10.08% the S&P500.

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