PIMCO California Municipal Income Fund II (PCK) At $8.23 Forms Bottom; Navellier & Associates Decreased By $2.60 Million Its Veeva Systems (VEEV) Stake

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PIMCO California Municipal Income Fund II (PCK) formed multiple bottom with $7.90 target or 4.00% below today’s $8.23 share price. PIMCO California Municipal Income Fund II (PCK) has $263.10 million valuation. It closed at $8.23 lastly. It is down 19.15% since June 20, 2017 and is downtrending. It has underperformed by 31.72% the S&P500.

Navellier & Associates Inc decreased Veeva Systems Inc. (VEEV) stake by 34.22% reported in 2018Q1 SEC filing. Navellier & Associates Inc sold 35,580 shares as Veeva Systems Inc. (VEEV)’s stock rose 24.06%. The Navellier & Associates Inc holds 68,381 shares with $4.99M value, down from 103,961 last quarter. Veeva Systems Inc. now has $11.93 billion valuation. The stock decreased 0.05% or $0.04 during the last trading session, reaching $83.17. About 1.09 million shares traded or 5.21% up from the average. Veeva Systems Inc. (NYSE:VEEV) has risen 24.78% since June 20, 2017 and is uptrending. It has outperformed by 12.21% the S&P500. Some Historical VEEV News: ; 07/05/2018 – Veeva Announces Merck’s Expanded Use of Veeva CRM for Latin America and Asia Pacific; 24/05/2018 – Veeva Systems 1Q Rev $195.5M; 24/05/2018 – VEEVA SYSTEMS INC VEEV.N SEES FY 2019 REVENUE $826 MLN TO $830 MLN; 04/05/2018 – Veeva Awards Billionaire CEO Gassner $88 Million for Last Year; 30/05/2018 – New Veeva Vault Training Provides Life Sciences a Modern Cloud Application for Effective Role-based Training; 27/03/2018 – Align Clinical CRO: Leading CROs Form New Industry Standards Group to Improve Collaboration with Sponsors; 24/05/2018 – VEEVA SYSTEMS INC VEEV.N SEES FY 2019 NON-GAAP SHR $1.36 TO $1.38; 24/05/2018 – VEEVA 1Q REV. $195.5M, EST. $189.1M; 24/04/2018 – Veeva Closes Below 50-Day Moving Average: Technicals; 24/05/2018 – VEEVA SEES 2Q ADJ EPS 33C TO 34C, EST. 32C

Among 16 analysts covering Veeva Systems (NYSE:VEEV), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Veeva Systems has $8500 highest and $24 lowest target. $61.79’s average target is -25.71% below currents $83.17 stock price. Veeva Systems had 57 analyst reports since August 28, 2015 according to SRatingsIntel. On Wednesday, August 31 the stock rating was maintained by Needham with “Buy”. The company was maintained on Thursday, August 24 by KeyBanc Capital Markets. Deutsche Bank maintained the stock with “Hold” rating in Friday, May 27 report. The firm earned “Overweight” rating on Friday, May 27 by JP Morgan. The stock has “Buy” rating by Canaccord Genuity on Friday, April 13. Stifel Nicolaus maintained it with “Buy” rating and $67 target in Friday, May 26 report. JMP Securities maintained Veeva Systems Inc. (NYSE:VEEV) on Friday, March 23 with “Market Outperform” rating. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, November 23. Needham maintained the shares of VEEV in report on Wednesday, March 1 with “Buy” rating. The stock of Veeva Systems Inc. (NYSE:VEEV) has “Buy” rating given on Friday, August 25 by Needham.

More news for Veeva Systems Inc. (NYSE:VEEV) were recently published by: Fool.com, which released: “Better Buy: Veeva Systems Inc. vs. Cerner” on May 26, 2018. Fool.com‘s article titled: “4 Reasons to Buy Veeva Systems Stock” and published on May 30, 2018 is yet another important article.

Since January 5, 2018, it had 0 insider purchases, and 29 selling transactions for $24.17 million activity. MATEO ALAN had sold 701 shares worth $41,254. $3.85M worth of Veeva Systems Inc. (NYSE:VEEV) shares were sold by Zuppas Eleni Nitsa. 2,875 shares were sold by Lequient Frederic, worth $232,704 on Friday, June 1. Wallach Matthew J sold $931,580 worth of stock or 12,000 shares. 1,993 Veeva Systems Inc. (NYSE:VEEV) shares with value of $155,773 were sold by BARABE TIMOTHY C. Cabral Timothy S had sold 25,000 shares worth $1.91M. 2,462 shares valued at $186,571 were sold by Faddis Jonathan on Wednesday, March 7.

Investors sentiment increased to 1.4 in Q1 2018. Its up 0.34, from 1.06 in 2017Q4. It is positive, as 25 investors sold VEEV shares while 104 reduced holdings. 79 funds opened positions while 102 raised stakes. 99.65 million shares or 1.56% more from 98.12 million shares in 2017Q4 were reported. Glynn Lc has 4.41% invested in Veeva Systems Inc. (NYSE:VEEV). Fincl Bank Of Hawaii stated it has 10,310 shares. 1.39 million are owned by New York State Common Retirement Fund. Avalon Global Asset Limited Liability Corporation reported 2.39% in Veeva Systems Inc. (NYSE:VEEV). Usa Portformulas has invested 0.1% of its portfolio in Veeva Systems Inc. (NYSE:VEEV). Old Mutual Global Investors (Uk) Limited reported 0% stake. Franklin Resources invested in 0.02% or 613,722 shares. 4,083 are owned by Zacks Inv Mngmt. Numerixs Invest Technology Inc stated it has 7,417 shares or 0.13% of all its holdings. Sterling Management Ltd Liability Corp holds 0.06% in Veeva Systems Inc. (NYSE:VEEV) or 88,859 shares. Dimensional Fund Advisors LP has 0.01% invested in Veeva Systems Inc. (NYSE:VEEV). The Kansas-based Creative Planning has invested 0% in Veeva Systems Inc. (NYSE:VEEV). Moreover, Fny Managed Accounts Ltd has 0% invested in Veeva Systems Inc. (NYSE:VEEV). Macquarie Group Ltd reported 3,400 shares or 0% of all its holdings. Schwab Charles Inv Mgmt Incorporated holds 0.02% or 396,532 shares.

Analysts await Veeva Systems Inc. (NYSE:VEEV) to report earnings on August, 23. They expect $0.25 EPS, up 66.67% or $0.10 from last year’s $0.15 per share. VEEV’s profit will be $35.86M for 83.17 P/E if the $0.25 EPS becomes a reality. After $0.23 actual EPS reported by Veeva Systems Inc. for the previous quarter, Wall Street now forecasts 8.70% EPS growth.

Navellier & Associates Inc increased Caterpillar Inc. (NYSE:CAT) stake by 26,259 shares to 31,556 valued at $4.65M in 2018Q1. It also upped First Trust Indust./Prod.Dura (FXR) stake by 333,894 shares and now owns 546,040 shares. Appfolio Inc was raised too.

Investors sentiment increased to 1.38 in 2018 Q1. Its up 0.09, from 1.29 in 2017Q4. It is positive, as 1 investors sold PIMCO California Municipal Income Fund II shares while 7 reduced holdings. 7 funds opened positions while 4 raised stakes. 1.98 million shares or 128.26% more from 868,231 shares in 2017Q4 were reported. Cambridge Inv Research Advisors Inc reported 61,878 shares. Pure Fin Advisors owns 19,387 shares. Hightower Advsrs reported 13,281 shares. Rmb Capital Mgmt Limited Liability Corp owns 17,461 shares. Morgan Stanley invested in 106,532 shares or 0% of the stock. Sg Americas Secs Limited Liability Company has invested 0.01% in PIMCO California Municipal Income Fund II (NYSE:PCK). Lpl Ltd Llc holds 0% of its portfolio in PIMCO California Municipal Income Fund II (NYSE:PCK) for 12,290 shares. Citigroup Inc, New York-based fund reported 97,037 shares. Suntrust Banks has 150,018 shares. Stratos Wealth Ltd owns 2,500 shares for 0% of their portfolio. Guggenheim Cap Ltd Liability Corp owns 195,288 shares. Oppenheimer & reported 0% stake. Moreover, Susquehanna Group Limited Liability Partnership has 0% invested in PIMCO California Municipal Income Fund II (NYSE:PCK). Covington Capital Mngmt stated it has 2,000 shares or 0% of all its holdings. Wells Fargo And Mn holds 0% in PIMCO California Municipal Income Fund II (NYSE:PCK) or 18,191 shares.

Veeva Systems Inc. (NYSE:VEEV) Institutional Positions Chart