Quotient LTD (QTNT) Stock Declined While Highbridge Capital Management LLC Has Cut Stake

Quotient Limited (NASDAQ:QTNT) LogoInvestors sentiment increased to 2.05 in 2019 Q1. Its up 0.12, from 1.93 in 2018Q4. It improved, as 8 investors sold QTNT shares while 12 reduced holdings. 26 funds opened positions while 15 raised stakes. 30.45 million shares or 25.66% less from 40.95 million shares in 2018Q4 were reported. Point72 Asset Management Lp holds 202,430 shares or 0.01% of its portfolio. Wells Fargo Mn invested in 5,450 shares or 0% of the stock. New York-based M&T Financial Bank Corporation has invested 0% in Quotient Limited (NASDAQ:QTNT). The Pennsylvania-based Pnc Fincl Svcs Grp Inc has invested 0% in Quotient Limited (NASDAQ:QTNT). Highbridge Capital Mgmt Ltd Co stated it has 0.65% in Quotient Limited (NASDAQ:QTNT). Clearbridge Investments Ltd Liability Corporation stated it has 2.46M shares. 75,480 are held by Castleark Management Ltd Llc. Lombard Odier Asset Management (Usa) Corporation accumulated 0.19% or 260,000 shares. Citadel Advsr Lc reported 235,760 shares. Renaissance Tech Llc holds 50,800 shares or 0% of its portfolio. Millennium Mgmt Limited Liability Co holds 0.01% or 745,349 shares in its portfolio. Bnp Paribas Arbitrage Sa owns 430 shares for 0% of their portfolio. Fosun stated it has 273,247 shares or 0.16% of all its holdings. Polar Capital Limited Liability Partnership accumulated 6.35 million shares. West Chester Cap Advsr Incorporated reported 0.38% in Quotient Limited (NASDAQ:QTNT).

Highbridge Capital Management Llc decreased its stake in Quotient Ltd (QTNT) by 22% based on its latest 2019Q1 regulatory filing with the SEC. Highbridge Capital Management Llc sold 660,767 shares as the company’s stock declined 1.49% while stock markets rallied. The hedge fund held 2.34 million shares of the in vitro & in vivo diagnostic substances company at the end of 2019Q1, valued at $21.11M, down from 3.00 million at the end of the previous reported quarter. Highbridge Capital Management Llc who had been investing in Quotient Ltd for a number of months, seems to be less bullish one the $576.42M market cap company. The stock increased 1.99% or $0.17 during the last trading session, reaching $8.71. About 120,932 shares traded. Quotient Limited (NASDAQ:QTNT) has risen 94.13% since June 12, 2018 and is uptrending. It has outperformed by 89.70% the S&P500.

Highbridge Capital Management Llc, which manages about $32.39 billion and $3.25 billion US Long portfolio, upped its stake in Aerojet Rocketdyne Hldgs Inc (Prn) by 9.50M shares to 21.00 million shares, valued at $31.15 million in 2019Q1, according to the filing. It also increased its holding in Spdr Series Trust (Put) (XBI) by 560,000 shares in the quarter, for a total of 650,000 shares, and has risen its stake in Pulte Group Inc (Put) (NYSE:PHM).

Analysts await Quotient Limited (NASDAQ:QTNT) to report earnings on August, 5. They expect $-0.39 earnings per share, up 29.09 % or $0.16 from last year’s $-0.55 per share. After $-0.41 actual earnings per share reported by Quotient Limited for the previous quarter, Wall Street now forecasts -4.88 % EPS growth.

More notable recent Quotient Limited (NASDAQ:QTNT) news were published by: Nasdaq.com which released: “Pre-Market Earnings Report for March 12, 2019 : MOMO, DKS, NOG, CLXT, INSW, IPI, KEYW, CRBP, DFRG, BGSF, SYBX, SHLO – Nasdaq” on March 11, 2019, also Fool.com with their article: “Why Quotient Ltd. Is Soaring Today – The Motley Fool” published on May 18, 2018, Seekingalpha.com published: “Quotient Limited (QTNT) CEO Franz Walt on Q4 2019 Results – Earnings Call Transcript – Seeking Alpha” on May 28, 2019. More interesting news about Quotient Limited (NASDAQ:QTNT) were released by: Nasdaq.com and their article: “Can DICK’S Sporting (DKS) Retain Earnings Beat Trend in Q4? – Nasdaq” published on March 05, 2019 as well as Globenewswire.com‘s news article titled: “Quotient Limited Announces Appointment of Christopher Lindop as Chief Financial Officer – GlobeNewswire” with publication date: February 09, 2017.

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