Stock Worth Mentioning: Today Marine Harvest ASA Stock Rises

Stock Worth Mentioning: Today Marine Harvest ASA Stock Rises

The stock of Marine Harvest ASA (NYSE:MHG) is a huge mover today! About 93,353 shares traded hands or 4.98% up from the average. Marine Harvest ASA (NYSE:MHG) has risen 19.50% since February 26, 2016 and is uptrending. It has outperformed by 9.07% the S&P500.
The move comes after 8 months positive chart setup for the $7.72 billion company. It was reported on Oct, 1 by Barchart.com. We have $26.82 PT which if reached, will make NYSE:MHG worth $3.78B more.

According to Zacks Investment Research, “Marine Harvest ASA is involved in the production and marketing of seafood. The Company’s product portfolio comprises salmon, halibut, coated seafood, smoked seafood and elaborated seafood, among others. It operates within three segments namely Farming, Sales and MH VAP Europe. Marine Harvest ASA is based in Oslo, Norway.”

Insitutional Activity: The institutional sentiment increased to 1.13 in 2016 Q2. Its up 0.47, from 0.66 in 2016Q1. The ratio is positive, as 5 funds sold all Marine Harvest ASA shares owned while 18 reduced positions. 11 funds bought stakes while 15 increased positions. They now own 50.19 million shares or 5.30% more from 47.67 million shares in 2016Q1.
The California-based Checchi Capital Advisers Ltd has invested 0.01% in Marine Harvest ASA (NYSE:MHG). Folketrygdfondet holds 21.55% of its portfolio in Marine Harvest ASA (NYSE:MHG) for 45.46 million shares. Royal Comml Bank Of Canada has 14,548 shares for 0% of their US portfolio. Signaturefd holds 232 shares or 0% of its portfolio. Raymond James & Associate reported 27,903 shares or 0% of all its holdings. Ameriprise Fin Incorporated holds 11,559 shares or 0% of its portfolio. Yorktown Mngmt & holds 0.05% of its portfolio in Marine Harvest ASA (NYSE:MHG) for 12,500 shares. Westfield Mgmt Lp last reported 0.05% of its portfolio in the stock. Naples Global Llc accumulated 49,330 shares or 0.34% of the stock. Euclid Limited Co holds 0.17% or 238,183 shares in its portfolio. Service has invested 0% of its portfolio in Marine Harvest ASA (NYSE:MHG). Glenmede Tru Company Na has 0% invested in the company for 647 shares. Forward Mngmt Lc has 0.4% invested in the company for 281,388 shares. Us National Bank De owns 1,381 shares or 0% of their US portfolio. Amp Capital accumulated 20,414 shares or 0% of the stock.

More notable recent Marine Harvest ASA (NYSE:MHG) news were published by: Bloomberg.com which released: “Marine Harvest Seeks Rare Buy Opportunities After Grieg Exit” on May 27, 2016, also Marketwatch.com with their article: “Marine Harvest ASA” published on April 18, 2011, Seekingalpha.com published: “Marine Harvest’s (MHG) Q2 2016 Results – Earnings Call Transcript” on August 18, 2016. More interesting news about Marine Harvest ASA (NYSE:MHG) were released by: Globenewswire.com and their article: “Marine Harvest ASA (OSE: MHG, NYSE: MHG): 2015 Annual Report / 20-F” published on April 01, 2016 as well as Seekingalpha.com‘s news article titled: “Marine Harvest: Sell Fredriksen’s Soon To Expire Salmon” with publication date: May 16, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Leave a Comment