Celgene Corporation (CELG) : National Pension Service scooped up 39,333 additional shares in Celgene Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 486,989 shares of Celgene Corporation which is valued at $47,968,417.Celgene Corporation makes up approximately 0.39% of National Pension Service’s portfolio.
Other Hedge Funds, Including , Eagle Asset Management Inc added CELG to its portfolio by purchasing 18,970 company shares during the most recent quarter which is valued at $1,928,111. Celgene Corporation makes up approx 0.01% of Eagle Asset Management Inc’s portfolio.Capstone Asset Management Co boosted its stake in CELG in the latest quarter, The investment management firm added 2,347 additional shares and now holds a total of 106,363 shares of Celgene Corporation which is valued at $10,810,735. Celgene Corporation makes up approx 0.32% of Capstone Asset Management Co’s portfolio.Trust Co Of Oklahoma reduced its stake in CELG by selling 771 shares or 3.22% in the most recent quarter. The Hedge Fund company now holds 23,171 shares of CELG which is valued at $2,411,406. Celgene Corporation makes up approx 1.34% of Trust Co Of Oklahoma’s portfolio. Lvm Capital Management Ltdmi added CELG to its portfolio by purchasing 2,650 company shares during the most recent quarter which is valued at $279,019. Celgene Corporation makes up approx 0.09% of Lvm Capital Management Ltdmi’s portfolio.
Celgene Corporation closed down -2.13 points or -2.12% at $98.5 with 43,17,515 shares getting traded on Friday. Post opening the session at $101.25, the shares hit an intraday low of $98.48 and an intraday high of $101.389 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Celgene Corporation reported $1.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.39. The company had revenue of $2754.00 million for the quarter, compared to analysts expectations of $2709.02 million. The company’s revenue was up 20.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 EPS.
Celgene Corporation (Celgene) together with its subsidiaries is an integrated biopharmaceutical company engaged primarily in the discovery development and commercialization of therapies for the treatment of cancer and inflammatory diseases through gene and protein regulation. The Companys primary commercial stage products include REVLIMID (lenalidomide) ABRAXANE POMALYST/IMNOVID VIDAZA azacitidine for injection (generic version of VIDAZA) THALOMID (sold as THALOMID or Thalidomide Celgene outside the United States) OTEZLA (apremilast) and ISTODAX (romidepsin). Celgene is involved in research in a range of scientific areas designed to deliver therapies targeting areas including intracellular signaling pathways protein homeostasis and epigenetics in cancer and immune cells immunomodulation in cancer and autoimmune diseases and therapeutic application of cell therapies.