Nexus Investment Management Lifted Its Magna Intl (MGA) Holding; Cardiovascular Systems (CSII) Shorts Down By 3.56%

Magna International Inc. (NYSE:MGA) Logo

Nexus Investment Management Inc increased Magna Intl Inc (MGA) stake by 944.04% reported in 2018Q1 SEC filing. Nexus Investment Management Inc acquired 272,875 shares as Magna Intl Inc (MGA)’s stock rose 12.18%. The Nexus Investment Management Inc holds 301,780 shares with $16.97M value, up from 28,905 last quarter. Magna Intl Inc now has $23.13B valuation. The stock increased 0.11% or $0.07 during the last trading session, reaching $65.08. About 794,069 shares traded. Magna International Inc. (NYSE:MGA) has risen 43.85% since June 14, 2017 and is uptrending. It has outperformed by 31.28% the S&P500. Some Historical MGA News: ; 07/03/2018 Magna Launches New Composites Center of Excellence in Germany; 14/03/2018 – Magna to Invest $200 Million in Lyft in Addition to Funding the Partnership; 23/05/2018 – Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness; 10/05/2018 – MAGNA CEO: 4-5% OF VEHICLES PRODUCED IN 2025 WILL BE ELECTRIC; 10/05/2018 – Magna International Had Seen 2018 Net $2.3B-$2.5B; 29/03/2018 – Magna Provides Engineering Expertise to New Automaker VinFast; 14/03/2018 – Magna invests $200m in Lyft in latest autonomous driving alliance; 10/05/2018 – MAGNA INTERNATIONAL INC MGA.N : RBC RAISES TARGET PRICE TO $76 FROM $71; 04/05/2018 – Magna Posts Updated Financial Review for 2017; 28/03/2018 – Magna Posts 2017 Annual Report

Cardiovascular Systems Inc (NASDAQ:CSII) had a decrease of 3.56% in short interest. CSII’s SI was 1.14M shares in June as released by FINRA. Its down 3.56% from 1.18 million shares previously. With 212,400 avg volume, 5 days are for Cardiovascular Systems Inc (NASDAQ:CSII)’s short sellers to cover CSII’s short positions. The SI to Cardiovascular Systems Inc’s float is 3.45%. The stock increased 2.07% or $0.63 during the last trading session, reaching $31.13. About 219,470 shares traded or 3.09% up from the average. Cardiovascular Systems, Inc. (NASDAQ:CSII) has risen 0.43% since June 14, 2017 and is uptrending. It has underperformed by 12.14% the S&P500. Some Historical CSII News: ; 27/04/2018 – OPTALYSE PE Results Presented at Society for Cardiovascular Angiography and lnterventions; 09/05/2018 – Global Cardiovascular Drug Delivery Research Report 2018 – Technologies, Markets and Companies 2017-2027 – ResearchAndMarkets.com; 05/03/2018 Philips introduces next generation of IntelliSpace Cardiovascular informatics platform at HIMSS 2018; 16/04/2018 – Bristol-Myers Squibb Announces Worldwide Collaboration with Janssen to Develop and Commercialize Next-Generation Cardiovascular; 06/04/2018 – FDA: Terumo Cardiovascular Systems Corp- Terumo Cardiovascular Procedure Kits containing Pall LG6NS LeukoGuard® Leukocyte; 02/04/2018 – Outcome Health Announces Initiative With WomenHeart To Bring Cardiovascular Information To Minority Groups; 16/05/2018 – Amgen Receives European Commission Approval for Repatha(R) (Evolocumab) to Prevent Heart Attack and Stroke in Adults With Established Cardiovascular Disease; 23/04/2018 – cardiovascular systems inc. | viperwire advance guide wire, stealth 36 | K180416 | 04/17/2018 |; 07/03/2018 – ClinicalTrial US: Lower Protein Intake and Long-term Risk of Obesity and Cardiovascular Disease (BabyGrowth); 08/03/2018 – Saranas’ Novel Bleed Monitoring System Receives Recognition in Cardiovascular Research Technologies 2018 Competition

Among 16 analysts covering Magna International (NYSE:MGA), 11 have Buy rating, 2 Sell and 3 Hold. Therefore 69% are positive. Magna International had 61 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, October 16 by TD Securities. Morgan Stanley downgraded Magna International Inc. (NYSE:MGA) on Monday, August 28 to “Equal-Weight” rating. Susquehanna maintained the stock with “Hold” rating in Wednesday, March 14 report. The rating was maintained by BMO Capital Markets on Thursday, June 22 with “Hold”. The firm has “Buy” rating by RBC Capital Markets given on Friday, June 16. The stock of Magna International Inc. (NYSE:MGA) earned “Buy” rating by RBC Capital Markets on Wednesday, January 17. On Thursday, March 22 the stock rating was downgraded by Morgan Stanley to “Sell”. The company was maintained on Friday, July 21 by RBC Capital Markets. KeyBanc Capital Markets maintained it with “Buy” rating and $55.0 target in Thursday, September 14 report. Bank of America downgraded the shares of MGA in report on Wednesday, November 9 to “Underperform” rating.

More news for Magna International Inc. (NYSE:MGA) were recently published by: Globenewswire.com, which released: “Magna to Produce the new Z4 for the BMW Group” on June 05, 2018. Nasdaq.com‘s article titled: “New Research Coverage Highlights Esperion Therapeutics, Magna International, Spectra Energy Partners, LP, Toronto …” and published on June 01, 2018 is yet another important article.

Among 9 analysts covering Cardiovascular Systems (NASDAQ:CSII), 4 have Buy rating, 2 Sell and 3 Hold. Therefore 44% are positive. Cardiovascular Systems has $40 highest and $15 lowest target. $29’s average target is -6.84% below currents $31.13 stock price. Cardiovascular Systems had 25 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Cardiovascular Systems, Inc. (NASDAQ:CSII) earned “Buy” rating by Lake Street on Monday, January 30. The firm has “Strong Buy” rating given on Thursday, August 6 by Needham. Dougherty & Company maintained it with “Buy” rating and $32 target in Thursday, October 8 report. As per Thursday, December 21, the company rating was initiated by William Blair. The firm earned “Buy” rating on Wednesday, August 30 by Needham. The firm earned “Underperform” rating on Thursday, October 8 by Bank of America. The company was maintained on Thursday, February 8 by Leerink Swann. The rating was initiated by Raymond James with “Hold” on Thursday, September 21. Needham upgraded the shares of CSII in report on Friday, April 1 to “Buy” rating. The rating was downgraded by Zacks to “Hold” on Monday, August 10.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.16, from 1.02 in 2017Q4. It is negative, as 17 investors sold Cardiovascular Systems, Inc. shares while 42 reduced holdings. 17 funds opened positions while 34 raised stakes. 26.24 million shares or 0.31% more from 26.16 million shares in 2017Q4 were reported. Brown Capital Ltd Liability has 0.68% invested in Cardiovascular Systems, Inc. (NASDAQ:CSII). Perkins Inc invested 1.2% in Cardiovascular Systems, Inc. (NASDAQ:CSII). Swiss Fincl Bank invested in 0% or 57,800 shares. Moreover, Champlain Ptnrs Ltd Limited Liability Company has 0.61% invested in Cardiovascular Systems, Inc. (NASDAQ:CSII). Ironwood Investment Mngmt Limited Liability Corporation has invested 0.92% in Cardiovascular Systems, Inc. (NASDAQ:CSII). Moreover, Wells Fargo Mn has 0% invested in Cardiovascular Systems, Inc. (NASDAQ:CSII). Great West Life Assurance Can holds 0% or 3,200 shares in its portfolio. The Minnesota-based Ameriprise Inc has invested 0% in Cardiovascular Systems, Inc. (NASDAQ:CSII). Panagora Asset Management invested in 40,714 shares. Legal And General Group Plc holds 6,015 shares or 0% of its portfolio. Partner Limited Partnership accumulated 8,634 shares. Bank & Trust Of Montreal Can accumulated 51,956 shares. Principal Grp Incorporated reported 18,038 shares. Financial Bank Of New York Mellon Corporation, a New York-based fund reported 156,490 shares. 13,141 were accumulated by Us Comml Bank De.

Cardiovascular Systems, Inc. (NASDAQ:CSII) Institutional Positions Chart