WINTON GROUP Ltd lifted its position in Arcus Biosciences, Inc. (NYSE:RCUS – Free Report) by 3.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,137 shares of the company’s stock after purchasing an additional 1,872 shares during the quarter. WINTON GROUP Ltd owned about 0.07% of Arcus Biosciences worth $901,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of RCUS. American Century Companies Inc. raised its position in Arcus Biosciences by 22.5% during the 2nd quarter. American Century Companies Inc. now owns 70,917 shares of the company’s stock worth $1,080,000 after buying an additional 13,019 shares during the last quarter. ClariVest Asset Management LLC purchased a new position in shares of Arcus Biosciences during the second quarter worth $260,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in Arcus Biosciences by 8.7% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 744,298 shares of the company’s stock valued at $11,336,000 after purchasing an additional 59,273 shares during the period. Innealta Capital LLC purchased a new stake in Arcus Biosciences in the second quarter valued at $66,000. Finally, Louisiana State Employees Retirement System grew its position in Arcus Biosciences by 2.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 27,500 shares of the company’s stock worth $419,000 after purchasing an additional 700 shares during the period. Institutional investors and hedge funds own 92.89% of the company’s stock.
Arcus Biosciences Stock Performance
NYSE:RCUS opened at $16.90 on Tuesday. The company has a fifty day moving average of $15.90 and a two-hundred day moving average of $16.28. Arcus Biosciences, Inc. has a fifty-two week low of $12.95 and a fifty-two week high of $20.60. The stock has a market capitalization of $1.55 billion, a PE ratio of -5.43 and a beta of 0.90.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Truist Financial decreased their price objective on Arcus Biosciences from $50.00 to $44.00 and set a “buy” rating for the company in a report on Monday, June 24th. Cantor Fitzgerald restated an “overweight” rating on shares of Arcus Biosciences in a research report on Friday, August 9th. Wedbush reaffirmed an “outperform” rating and set a $30.00 target price on shares of Arcus Biosciences in a report on Friday, August 9th. Evercore ISI raised shares of Arcus Biosciences to a “strong-buy” rating in a report on Friday, August 9th. Finally, Barclays cut their price objective on shares of Arcus Biosciences from $35.00 to $25.00 and set an “overweight” rating for the company in a report on Monday, July 8th. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Arcus Biosciences presently has a consensus rating of “Buy” and an average price target of $35.71.
Check Out Our Latest Analysis on Arcus Biosciences
Arcus Biosciences Company Profile
Arcus Biosciences, Inc, a clinical-stage biopharmaceutical company, develops and commercializes cancer therapies in the United States. The company's pipeline products include Domvanalimab, an anti-TIGIT antibody, which is in Phase 2 and Phase 3 clinical trial; and AB308, an investigational anti-TIGIT monoclonal antibody, which is in Phase 1b clinical trial to study people with advanced solid and hematologic malignancies.
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