Paratek Pharmaceuticals (PRTK) Rating Lowered to Hold at Zacks Investment Research


Legal & General Group Plc now owns 5,865 shares of the specialty pharmaceutical company's stock valued at $144,000 after purchasing an additional 687 shares during the last quarter.

Paratek Pharmaceuticals Inc (NASDAQ:PRTK)'s share price fell 7.6% on Thursday following insider selling activity. It has outperformed by 45.33% the S&P500.

Abingworth Llp decreased its stake in Paratek (PRTK) by 19.94% based on its latest 2017Q3 regulatory filing with the SEC. Neville Rodie & Shaw Inc bought 13,500 shares as the company's stock declined 9.05% while stock markets rallied. Wms Partners Llc who had been investing in Pfizer Inc for a number of months, seems to be bullish on the $205.11 billion market cap company.

Paratek Pharmaceuticals Inc (PRTK) traded down $0.25 during trading hours on Wednesday, reaching $13.75. About 327,308 shares traded. It has underperformed by 18.86% the S&P500.

Paratek Pharmaceuticals (NASDAQ:PRTK) was downgraded by Zacks Investment Research from a "buy" rating to a "hold" rating in a note issued to investors on Tuesday. Therefore 90% are positive. The specialty pharmaceutical company reported ($0.77) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.93) by $0.16. Stifel Nicolaus maintained Realty Income Corporation (NYSE:O) on Wednesday, September 27 with "Buy" rating. Cantor Fitzgerald maintained the shares of PRTK in report on Wednesday, November 8 with "Buy" rating. Stifel Nicolaus upgraded it to "Buy" rating and $49 target in Tuesday, September 8 report. (NASDAQ:PRTK) on Friday, August 14 to "Sell" rating. (NASDAQ:PRTK) is a huge mover today!

TRADEMARK VIOLATION WARNING: "Paratek Pharmaceuticals Inc (PRTK) Expected to Announce Quarterly Sales of $5.00 Million" was first published by StockNewsTimes and is owned by of StockNewsTimes. Finally, Robert W. Baird restated a "buy" rating and set a $40.00 target price on shares of Paratek Pharmaceuticals in a research report on Tuesday, October 24th.

In other news, Director Robert S. Radie sold 3,000 shares of Paratek Pharmaceuticals stock in a transaction on Monday, February 5th. (NASDAQ:PRTK) on Wednesday, June 21 with "Buy" rating. Cantor Fitzgerald has "Buy" rating and $5000 target. Needham maintained the stock with "Buy" rating in Thursday, July 30 report.

Investors sentiment decreased to 1.54 in 2017 Q3. Its down 0.35, from 1.89 in 2017Q2. It dropped, as 17 investors sold PRTK shares while 29 reduced holdings. 33 funds opened positions while 38 raised stakes. The firm had revenue of $0.01 million for the quarter. equities research analysts anticipate that Paratek Pharmaceuticals Inc will post -3.32 earnings per share for the current year. (NASDAQ:PRTK). State Street Corporation reported 589,051 shares. Paratek Pharmaceuticals Inc has a 12 month low of $12.63 and a 12 month high of $29.00. Rainier Invest Management Limited Liability Company invested in 0.47% or 78,920 shares. Bnp Paribas Arbitrage has 0% invested in Paratek Pharmaceuticals, Inc. (NASDAQ:PRTK) for 677 shares. After $-0.77 actual EPS reported by Paratek Pharmaceuticals, Inc. for the previous quarter, Wall Street now forecasts -6.49 % EPS growth. (NASDAQ:PRTK) for 18,431 shares. Great West Life Assurance Co. Perceptive Advisors Lc holds 0.02% or 21,186 shares in its portfolio. Next Gru has 73 shares for 0% of their portfolio. 210,550 were accumulated by Highbridge Lc. Victory Cap Mgmt, a Ohio-based fund reported 31,610 shares. Laurion Ltd Partnership owns 10,100 shares.

Essex Investment Management Co Llc, which manages about $740.27M and $735.81 million US Long portfolio, decreased its stake in Gigamon Inc (NYSE:GIMO) by 7,407 shares to 48,068 shares, valued at $2.03 million in 2017Q3, according to the filing. 8,000 shares were sold by JOHNSON RADY A, worth $296,560. It also reduced its holding in Cavium Networks Inc. SUSMAN SALLY had sold 38,230 shares worth $1.34M on Tuesday, September 12. 15,271 shares were sold by Lynch Karen S, worth $2.47 million.

Arrowmark Colorado Holdg invested in 0.01% or 5,600 shares. Its up 0.01, from 1.26 in 2017Q2. It is positive, as 53 investors sold PFE shares while 700 reduced holdings. 52 funds opened positions while 186 raised stakes. The Connecticut-based Sound Shore Mngmt Ct has invested 3.11% in Pfizer Inc. Benjamin F Edwards has 0.01% invested in Lannett Company, Inc. Following the completion of the sale, the chief financial officer now owns 39,570 shares in the company, valued at approximately $562,685.40. It offers its services to approximately 482,400 clients in 100 California communities; approximately 4,400 water and wastewater clients on the islands of Maui and Hawaii; approximately 16,700 clients in the Tacoma and Olympia areas in Washington; and approximately 8,000 water and wastewater clients in the Belen, Los Lunas, and Elephant Butte areas in New Mexico. Federated Invsts Pa has invested 0% of its portfolio in Paratek Pharmaceuticals, Inc. BidaskClub lowered shares of Paratek Pharmaceuticals from a "sell" rating to a "strong sell" rating in a research report on Saturday, December 2nd. Moreover, Bush Odonnell Investment Advisors Inc has 0.51% invested in the company for 30,495 shares. Community Tru And Communications owns 365,080 shares or 1.4% of their United States portfolio. Hedge funds and other institutional investors own 75.05% of the company's stock. (NYSE:PFE) for 681,551 shares. Strategy Asset Managers Ltd Liability has 311,012 shares. M Holdings Securities has 0.3% invested in Pfizer Inc. (NYSE:LCI) for 358,657 shares. Natl Bank Of America De has 13,427 shares. Ironsides Asset Advsrs Limited holds 36,035 shares or 0.53% of its portfolio. Granite Point Capital Mngmt Ltd Partnership holds 26,400 shares or 0.14% of its portfolio.

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