VIVUS, Inc. (VVUS) Is At $0.47 Formed Wedge; Horizon Kinetics Has Raised Its Franco Nevada (FNV) Stake

VIVUS, Inc. (VVUS) formed wedge down with $0.46 target or 3.00% below today’s $0.47 share price. VIVUS, Inc. (VVUS) has $50.01 million valuation. The stock decreased 0.63% or $0.003 during the last trading session, reaching $0.472. About 598,655 shares traded. VIVUS, Inc. (NASDAQ:VVUS) has declined 7.14% since January 19, 2017 and is downtrending. It has underperformed by 23.84% the S&P500.

Horizon Kinetics Llc increased Franco Nevada Corp (FNV) stake by 2.05% reported in 2017Q3 SEC filing. Horizon Kinetics Llc acquired 13,928 shares as Franco Nevada Corp (FNV)’s stock rose 8.53%. The Horizon Kinetics Llc holds 692,619 shares with $53.67 million value, up from 678,691 last quarter. Franco Nevada Corp now has $14.30 billion valuation. The stock decreased 0.49% or $0.39 during the last trading session, reaching $78.63. About 481,970 shares traded. Franco-Nevada Corporation (NYSE:FNV) has risen 12.51% since January 19, 2017 and is uptrending. It has underperformed by 4.19% the S&P500.

Investors sentiment decreased to 0.53 in 2017 Q3. Its down 0.74, from 1.27 in 2017Q2. It dropped, as 12 investors sold VIVUS, Inc. shares while 22 reduced holdings. 5 funds opened positions while 13 raised stakes. 32.65 million shares or 13.20% less from 37.61 million shares in 2017Q2 were reported. Jpmorgan Chase And Com owns 0% invested in VIVUS, Inc. (NASDAQ:VVUS) for 2,500 shares. 36,964 are owned by Wells Fargo Mn. Menta Cap Ltd Llc reported 0.02% of its portfolio in VIVUS, Inc. (NASDAQ:VVUS). Blackrock Incorporated owns 2.30 million shares. Millennium Ltd Liability invested 0% in VIVUS, Inc. (NASDAQ:VVUS). Elkhorn Prtn Limited Partnership owns 0.01% invested in VIVUS, Inc. (NASDAQ:VVUS) for 11,300 shares. Bancorp Of America De invested in 0% or 9,732 shares. D E Shaw And Co owns 432,866 shares. 123,811 were accumulated by Goldman Sachs Gp Inc Inc. Plante Moran Finance Advisors Ltd Liability reported 190 shares. Morgan Stanley invested in 275,890 shares or 0% of the stock. Price T Rowe Assocs Inc Md owns 51,000 shares for 0% of their portfolio. Renaissance Tech stated it has 8.67M shares. Prelude Capital Mngmt Ltd Limited Liability Company invested 0.01% of its portfolio in VIVUS, Inc. (NASDAQ:VVUS). Whittier invested in 2,500 shares.

Analysts await VIVUS, Inc. (NASDAQ:VVUS) to report earnings on March, 14. They expect $-0.13 earnings per share, down 124.07% or $0.67 from last year’s $0.54 per share. After $-0.06 actual earnings per share reported by VIVUS, Inc. for the previous quarter, Wall Street now forecasts 116.67% negative EPS growth.

Among 2 analysts covering Vivus (NASDAQ:VVUS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vivus had 3 analyst reports since July 31, 2015 according to SRatingsIntel. WallachBeth Capital upgraded VIVUS, Inc. (NASDAQ:VVUS) rating on Thursday, November 5. WallachBeth Capital has “Buy” rating and $2.80 target. RBC Capital Markets maintained the shares of VVUS in report on Friday, July 31 with “Outperform” rating. Zacks upgraded the stock to “Hold” rating in Wednesday, August 5 report.

Horizon Kinetics Llc decreased Western Asset Clym Infl Opp (WIW) stake by 33,272 shares to 80,176 valued at $905,000 in 2017Q3. It also reduced Autonation Inc (NYSE:AN) stake by 34,567 shares and now owns 20,961 shares. Danaher Corp (NYSE:DHR) was reduced too.