Gluskin Sheff & Assoc Has Cut Its Stake in Manulife Finl (MFC) by $13.21 Million as Share Price Declined; Luminex Del (LMNX) Shareholder Grantham Mayo Van Otterloo & Co Decreased Position by $624,000 as Valuation Declined

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Gluskin Sheff & Assoc Inc decreased its stake in Manulife Finl Corp (MFC) by 15.96% based on its latest 2018Q3 regulatory filing with the SEC. Gluskin Sheff & Assoc Inc sold 777,107 shares as the company’s stock declined 15.74% with the market. The institutional investor held 4.09M shares of the life insurance company at the end of 2018Q3, valued at $73.14M, down from 4.87 million at the end of the previous reported quarter. Gluskin Sheff & Assoc Inc who had been investing in Manulife Finl Corp for a number of months, seems to be less bullish one the $30.99 billion market cap company. The stock decreased 1.07% or $0.17 during the last trading session, reaching $15.79. About 1.50 million shares traded. Manulife Financial Corporation (NYSE:MFC) has declined 28.60% since February 13, 2018 and is downtrending. It has underperformed by 28.60% the S&P500. Some Historical MFC News: 16/03/2018 – Manulife’s Management Information Circular and Annual Report available online; 10/05/2018 – BOE to Err on the Side of Growth Over Inflation, Says Manulife’s Greene (Video); 29/05/2018 – Manulife US REIT: Preferential Offering of 227 Million New Units Will Open at 9 A.M; 30/05/2018 – ECB’s ‘Hands Are Tied’ on Italy Intervention, Says Manulife’s Greene (Video); 02/05/2018 – MANULIFE FINANCIAL 1Q ROE +14.1%; 14/03/2018 – MANULIFE’S DABIET: WASTE CONNECTIONS STILL AMONG BIGGEST HOLDS; 13/04/2018 – OTELLO CORPORATION ASA OTELLO.OL SAYS FILED A CLAIM WITH HIGH COURT OF JUSTICE IN ENGLAND AND WALES AGAINST MFC; 26/04/2018 – MANULIFE INVESTMENTS – OIL SANDS SECTOR FUND WILL NOT PAY REGULAR QTRLY DISTRIBUTION NOR FINAL DISTRIBUTION RELATED TO TERMINATION; 14/03/2018 – MANULIFE’S DABIET LOOKING FOR UNDISCOVERED OPPORTUNITIES; 04/05/2018 – Mackenzie Ivy Canadian Exits Nike, Cuts Manulife Financial

Grantham Mayo Van Otterloo & Co Llc decreased its stake in Luminex Corp Del (LMNX) by 61.9% based on its latest 2018Q3 regulatory filing with the SEC. Grantham Mayo Van Otterloo & Co Llc sold 20,800 shares as the company’s stock declined 6.95% with the market. The institutional investor held 12,800 shares of the medical and dental instruments company at the end of 2018Q3, valued at $388,000, down from 33,600 at the end of the previous reported quarter. Grantham Mayo Van Otterloo & Co Llc who had been investing in Luminex Corp Del for a number of months, seems to be less bullish one the $1.14 billion market cap company. The stock decreased 0.66% or $0.17 during the last trading session, reaching $25.61. About 124,426 shares traded. Luminex Corporation (NASDAQ:LMNX) has risen 29.65% since February 13, 2018 and is uptrending. It has outperformed by 29.65% the S&P500. Some Historical LMNX News: 03/04/2018 Luminex Forms Golden Cross: Technicals; 07/05/2018 – Luminex 1Q Adj EPS 25c; 16/04/2018 – Luminex Corporation First Quarter Earnings Release Scheduled for May 7, 2018; 18/05/2018 – Luminex Corporation Declares Second Quarter Cash Dividend; 20/04/2018 – DJ Luminex Corp, Inst Holders, 1Q 2018 (LMNX); 07/05/2018 – Luminex Sees 2Q Rev $78.5M-$80M; 02/05/2018 – ST Denis J Villere & Company Exits Position in Luminex

Gluskin Sheff & Assoc Inc, which manages about $7.77B and $2.26 billion US Long portfolio, upped its stake in Sony Corp (NYSE:SNE) by 141,181 shares to 1.19 million shares, valued at $72.11M in 2018Q3, according to the filing. It also increased its holding in Cott Corp Que (NYSE:COT) by 28,451 shares in the quarter, for a total of 267,145 shares, and has risen its stake in Charter Communications Inc N.

More notable recent Manulife Financial Corporation (NYSE:MFC) news were published by: Zacks.com which released: “Why Manulife (MFC) Could Beat Earnings Estimates Again – Zacks.com” on February 11, 2019, also Seekingalpha.com with their article: “More on Manulife Q3 results – Seeking Alpha” published on November 07, 2018, Fool.com published: “Will Health Insurers Subsidize the Apple Watch? – The Motley Fool” on January 18, 2019. More interesting news about Manulife Financial Corporation (NYSE:MFC) were released by: Fool.ca and their article: “3 Stocks That Will Suffer if the Canada-China Spat Worsens – The Motley Fool Canada” published on January 17, 2019 as well as Seekingalpha.com‘s news article titled: “Manulife And United Parcel Service – Seeking Alpha” with publication date: October 01, 2018.

Among 7 analysts covering Manulife Financial Corp. (NYSE:MFC), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manulife Financial Corp. had 14 analyst reports since July 29, 2015 according to SRatingsIntel. IBC downgraded the shares of MFC in report on Thursday, August 4 to “Sector Perform” rating. As per Friday, November 13, the company rating was maintained by RBC Capital Markets. TD Securities maintained Manulife Financial Corporation (NYSE:MFC) rating on Friday, August 7. TD Securities has “Buy” rating and $27 target. Morgan Stanley maintained it with “Equal-Weight” rating and $26 target in Wednesday, July 11 report. The stock of Manulife Financial Corporation (NYSE:MFC) has “Equal-Weight” rating given on Monday, November 13 by Morgan Stanley. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, August 7 report. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, February 22. The rating was initiated by Dundee Securities with “Buy” on Wednesday, September 21. The rating was maintained by Morgan Stanley on Thursday, October 5 with “Equal-Weight”. The rating was maintained by Morgan Stanley on Thursday, April 5 with “Equal-Weight”.

Among 9 analysts covering Luminex Corp (NASDAQ:LMNX), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Luminex Corp had 18 analyst reports since August 4, 2015 according to SRatingsIntel. Avondale initiated Luminex Corporation (NASDAQ:LMNX) on Wednesday, October 12 with “Mkt Outperform” rating. The stock has “Hold” rating by Jefferies on Wednesday, September 13. The firm earned “Hold” rating on Friday, October 20 by Jefferies. The firm earned “Hold” rating on Wednesday, August 5 by Jefferies. Wedbush upgraded the stock to “Outperform” rating in Tuesday, August 4 report. The stock has “Hold” rating by Deutsche Bank on Monday, May 7. On Sunday, September 17 the stock rating was maintained by Piper Jaffray with “Hold”. The firm has “Neutral” rating by JP Morgan given on Thursday, August 18. On Monday, July 23 the stock rating was maintained by Citigroup with “Neutral”. Citigroup maintained the shares of LMNX in report on Tuesday, November 6 with “Neutral” rating.

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