Prudential Global Short Duration High Yield Fund, Inc. (GHY) Is At $13.71 Formed Wedge; Perceptive Advisors Trimmed Versartis (VSAR) Stake By $800,000

Prudential Global Short Duration High Yield Fund, Inc. (GHY) formed wedge down with $13.02 target or 5.00% below today’s $13.71 share price. Prudential Global Short Duration High Yield Fund, Inc. (GHY) has $ valuation. The stock decreased 0.29% or $0.04 during the last trading session, reaching $13.71. About 170,058 shares traded. Prudential Global Short Duration High Yield Fund, Inc. (NYSE:GHY) has declined 7.20% since May 16, 2017 and is downtrending. It has underperformed by 18.75% the S&P500.

Perceptive Advisors Llc decreased Versartis Inc (VSAR) stake by 21.18% reported in 2017Q4 SEC filing. Perceptive Advisors Llc sold 400,000 shares as Versartis Inc (VSAR)’s stock declined 21.95%. The Perceptive Advisors Llc holds 1.49M shares with $3.27M value, down from 1.89 million last quarter. Versartis Inc now has $55.93 million valuation. The stock increased 3.33% or $0.05 during the last trading session, reaching $1.55. About 648,542 shares traded or 51.24% up from the average. Versartis, Inc. (NASDAQ:VSAR) has declined 92.45% since May 16, 2017 and is downtrending. It has underperformed by 104.00% the S&P500.

Since March 23, 2018, it had 0 insider purchases, and 2 sales for $15,128 activity. $7,604 worth of stock was sold by Woody Tracy M on Friday, March 23. Another trade for 4,854 shares valued at $7,524 was made by Stout Jay S on Tuesday, April 24.

Among 12 analysts covering Versartis Inc (NASDAQ:VSAR), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Versartis Inc had 27 analyst reports since August 13, 2015 according to SRatingsIntel. The firm has “Hold” rating by SunTrust given on Friday, September 22. Citigroup downgraded Versartis, Inc. (NASDAQ:VSAR) rating on Friday, September 22. Citigroup has “Hold” rating and $3.0 target. The firm has “Buy” rating by Canaccord Genuity given on Friday, May 26. The stock has “Underweight” rating by Barclays Capital on Friday, September 22. The rating was downgraded by Canaccord Genuity to “Hold” on Friday, March 2. Piper Jaffray maintained it with “Buy” rating and $26.0 target in Friday, September 8 report. Credit Suisse initiated the stock with “Neutral” rating in Thursday, August 20 report. PiperJaffray downgraded the shares of VSAR in report on Friday, September 22 to “Neutral” rating. The firm has “Buy” rating by SunTrust given on Friday, December 2. The stock of Versartis, Inc. (NASDAQ:VSAR) earned “Equal-Weight” rating by Morgan Stanley on Friday, September 22.

Investors sentiment decreased to 0.51 in Q4 2017. Its down 0.78, from 1.29 in 2017Q3. It dived, as 30 investors sold VSAR shares while 33 reduced holdings. 16 funds opened positions while 16 raised stakes. 17.05 million shares or 1.12% more from 16.86 million shares in 2017Q3 were reported. Invesco Ltd accumulated 109,250 shares. Anson Funds Mngmt Limited Partnership invested in 190,521 shares or 0.28% of the stock. Retail Bank Of Mellon invested in 116,783 shares. Blackrock Inc owns 2.03 million shares or 0% of their US portfolio. Virtu Financial Ltd Liability accumulated 0.02% or 163,585 shares. Moreover, Citigroup has 0% invested in Versartis, Inc. (NASDAQ:VSAR). Ascend Capital Limited Liability Corp reported 623,614 shares. Parametric Portfolio Associate reported 0% in Versartis, Inc. (NASDAQ:VSAR). Vanguard Group Inc invested 0% in Versartis, Inc. (NASDAQ:VSAR). Northern invested in 0% or 358,074 shares. 904,381 were reported by Guggenheim Capital Ltd Liability. Balyasny Asset Ltd Co holds 115,443 shares. Bancorp Of Montreal Can has invested 0% in Versartis, Inc. (NASDAQ:VSAR). Alliancebernstein Limited Partnership accumulated 25,700 shares. 363,443 are held by Jpmorgan Chase And.

Perceptive Advisors Llc increased Zogenix Inc stake by 300,000 shares to 3.97M valued at $160.80 million in 2017Q4. It also upped Teleflex Inc (NYSE:TFX) stake by 70,700 shares and now owns 125,900 shares. Oncomed Pharmaceuticals Inc (NASDAQ:OMED) was raised too.

Another recent and important Versartis, Inc. (NASDAQ:VSAR) news was published by Globenewswire.com which published an article titled: “Versartis Reports First Quarter 2018 Financial Results” on May 08, 2018.

Versartis, Inc. (NASDAQ:VSAR) Institutional Positions Chart