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As Sanofi Sa (SNY) Valuation Rose, Sio Capital Management LLC Has Cut Position

December 8, 2017 - By Clifton Ray

Sio Capital Management Llc decreased its stake in Sanofi Sa (SNY) by 32.84% based on its latest 2017Q2 regulatory filing with the SEC. Sio Capital Management Llc sold 88,800 shares as the company’s stock rose 14.25% with the market. The institutional investor held 181,622 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $8.70 million, down from 270,422 at the end of the previous reported quarter. Sio Capital Management Llc who had been investing in Sanofi Sa for a number of months, seems to be less bullish one the $108.51B market cap company. The stock increased 0.28% or $0.12 during the last trading session, reaching $43.29. About 1.18M shares traded. Sanofi (NYSE:SNY) has risen 26.96% since December 8, 2016 and is uptrending. It has outperformed by 10.26% the S&P500.

Analysts await Sanofi (NYSE:SNY) to report earnings on February, 14. They expect $0.69 EPS, up 2.99 % or $0.02 from last year’s $0.67 per share. SNY’s profit will be $1.73 billion for 15.68 P/E if the $0.69 EPS becomes a reality. After $1.00 actual EPS reported by Sanofi for the previous quarter, Wall Street now forecasts -31.00 % negative EPS growth.

More recent Sanofi (NYSE:SNY) news were published by: Investorplace.com which released: “Think Sanofi SA (ADR) (SNY) Stock When You Think Big Pharma” on December 09, 2016. Also Benzinga.com published the news titled: “The Pullback In Sanofi Is A Buying Opportunity, Says Argus” on September 01, 2017. Investorplace.com‘s news article titled: “5 Reasons Why Sanofi SA (ADR) (SNY) is a Good Stock to Buy Now” with publication date: April 12, 2017 was also an interesting one.

Sanofi (NYSE:SNY) Ratings Coverage

Among 12 analysts covering Sanofi-aventis Sa (NYSE:SNY), 1 have Buy rating, 1 Sell and 10 Hold. Therefore 8% are positive. Sanofi-aventis Sa had 22 analyst reports since October 15, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, October 13 by Cowen & Co. The firm has “Hold” rating by Berenberg given on Thursday, May 11. The firm has “Overweight” rating by Barclays Capital given on Thursday, May 12. The firm has “Equal-Weight” rating given on Wednesday, November 15 by Barclays Capital. The company was upgraded on Wednesday, April 12 by JP Morgan. Cowen & Co maintained the stock with “Hold” rating in Tuesday, September 5 report. Morgan Stanley upgraded the shares of SNY in report on Thursday, October 15 to “Overweight” rating. JP Morgan maintained the shares of SNY in report on Friday, April 21 with “Neutral” rating. JP Morgan maintained Sanofi (NYSE:SNY) on Friday, March 31 with “Sell” rating. The stock of Sanofi (NYSE:SNY) earned “Mkt Perform” rating by Bernstein on Monday, November 9.

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