Tiedemann Wealth Management Decreased Mimedx Group (MDXG) Position By $622.73 Million, Genesco Has 1.1 Sentiment

June 19, 2017 - By Hazel Jackson

Tiedemann Wealth Management Llc decreased Mimedx Group Inc (MDXG) stake by 97.49% reported in 2016Q4 SEC filing. Tiedemann Wealth Management Llc sold 1.73 million shares as Mimedx Group Inc (MDXG)’s stock rose 72.01%. The Tiedemann Wealth Management Llc holds 44,429 shares with $16.08M value, down from 1.77 million last quarter. Mimedx Group Inc now has $1.70B valuation. The stock rose 0.66% or $0.1 reaching $15.16. About 950,969 shares traded. MiMedx Group Inc (NASDAQ:MDXG) has risen 107.87% since June 19, 2016 and is uptrending. It has outperformed by 91.17% the S&P500.

Genesco Inc. is a retailer and wholesaler of footwear, apparel and accessories. The company has market cap of $684.40 million. The Firm operates in five divisions: Journeys Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group and Licensed Brands. It has a 7.87 P/E ratio. It relies on independent third-party manufacturers for production of its footwear products sold at wholesale.

Investors sentiment increased to 1.22 in 2016 Q4. Its up 0.07, from 1.15 in 2016Q3. It increased, as 16 investors sold MDXG shares while 47 reduced holdings. 23 funds opened positions while 54 raised stakes. 54.88 million shares or 0.33% more from 54.70 million shares in 2016Q3 were reported. 20,996 were accumulated by Bnp Paribas Arbitrage Sa. Nordea Mngmt holds 0% or 4,953 shares. Metropolitan Life Ny has invested 0% in MiMedx Group Inc (NASDAQ:MDXG). Lpl Fincl Lc, California-based fund reported 24,799 shares. Globeflex Cap Lp has invested 0% in MiMedx Group Inc (NASDAQ:MDXG). Wildcat Management Limited Liability Company invested in 4.4% or 1.08 million shares. Putnam Investments Limited Liability Com, a Massachusetts-based fund reported 188,194 shares. State Teachers Retirement System reported 138,645 shares. Silvercrest Asset Gp Ltd has invested 0.01% in MiMedx Group Inc (NASDAQ:MDXG). Williams Jones & Assocs Lc holds 0.01% or 20,500 shares. 1492 Cap Management has 52,546 shares. Vanguard Gp owns 5.02M shares. Aperio Ltd Limited Liability Company invested 0% of its portfolio in MiMedx Group Inc (NASDAQ:MDXG). Brown Advisory holds 341,542 shares. Investment Centers Of America invested 0.02% in MiMedx Group Inc (NASDAQ:MDXG).

Analysts await MiMedx Group Inc (NASDAQ:MDXG) to report earnings on July, 25.

Since March 6, 2017, it had 0 insider purchases, and 4 insider sales for $2.17 million activity. Shares for $364,963 were sold by Taylor William Charles. 50,486 shares were sold by KOOB CHARLES E, worth $429,136.

Among 7 analysts covering MiMedx Group (NASDAQ:MDXG), 5 have Buy rating, 2 Sell and 0 Hold. Therefore 71% are positive. MiMedx Group had 10 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, July 29 by Needham. Needham maintained the stock with “Buy” rating in Wednesday, October 14 report. As per Wednesday, January 20, the company rating was maintained by First Analysis. As per Friday, October 30, the company rating was upgraded by Northland Capital. The rating was maintained by Canaccord Genuity on Friday, December 18 with “Buy”. The rating was downgraded by First Analysis on Tuesday, May 23 to “Underweight”. The rating was initiated by UBS with “Sell” on Monday, December 12. The rating was upgraded by Needham on Monday, November 16 to “Strong Buy”. The stock has “Buy” rating by Aegis Capital on Tuesday, November 8. As per Tuesday, April 19, the company rating was maintained by Lake Street.

Tiedemann Wealth Management Llc increased Jp Morgan Alerian Mlp Etn (AMJ) stake by 240,672 shares to 301,752 valued at $9.54M in 2016Q4. It also upped Wells Fargo & Co (NYSE:WFC) stake by 48,728 shares and now owns 65,661 shares. Scana Corp (NYSE:SCG) was raised too.

About 203,160 shares traded. Genesco Inc. (GCO) has declined 26.87% since June 19, 2016 and is downtrending. It has underperformed by 43.57% the S&P500.

Since January 1, 0001, it had 1 buy, and 1 sale for $46,492 activity.

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