Stemline Therapeutics, Inc. (STML) Holdings Lifted by Nationwide Fund Advisors
Nationwide Fund Advisors raised its holdings in Stemline Therapeutics, Inc. (NASDAQ:STML) by 7.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,755 shares of the biopharmaceutical company’s stock after acquiring an additional 855 shares during the period. Nationwide Fund Advisors owned about 0.05% of Stemline Therapeutics worth $117,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in Stemline Therapeutics by 3.8% in the first quarter. Wells Fargo & Company MN now owns 13,647 shares of the biopharmaceutical company’s stock valued at $117,000 after acquiring an additional 500 shares during the last quarter. State of Wisconsin Investment Board bought a new position in Stemline Therapeutics in the second quarter valued at about $147,000. Alliancebernstein L.P. bought a new position in Stemline Therapeutics in the second quarter valued at about $178,000. UBS Group AG grew its position in Stemline Therapeutics by 130.0% in the first quarter. UBS Group AG now owns 26,945 shares of the biopharmaceutical company’s stock valued at $230,000 after acquiring an additional 15,232 shares during the last quarter. Finally, Rhumbline Advisers grew its position in Stemline Therapeutics by 18.5% in the second quarter. Rhumbline Advisers now owns 27,358 shares of the biopharmaceutical company’s stock valued at $252,000 after acquiring an additional 4,280 shares during the last quarter. Hedge funds and other institutional investors own 46.54% of the company’s stock.
Shares of Stemline Therapeutics, Inc. (STML) opened at $14.25 on Tuesday. Stemline Therapeutics, Inc. has a 12 month low of $5.50 and a 12 month high of $14.85.
A number of research analysts have issued reports on the company. HC Wainwright reiterated a “buy” rating and issued a $38.00 target price on shares of Stemline Therapeutics in a research report on Friday, November 10th. Cowen and Company reissued a “buy” rating on shares of Stemline Therapeutics in a research note on Tuesday, October 31st. Finally, ValuEngine lowered Stemline Therapeutics from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Two equities research analysts have rated the stock with a sell rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $33.40.
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Stemline Therapeutics Profile
Stemline Therapeutics, Inc is a clinical-stage biopharmaceutical company focused on discovering, acquiring, developing and commercializing oncology therapeutics. The Company is developing approximately three clinical stage product candidates, including SL-401, SL-701 and SL-801. SL-401 is a targeted therapy directed to the interleukin-3 receptor (IL-3R) (CD123), present on a range of hematologic cancers.
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