Vivo Capital LLC decreased its position in shares of Advanced Accelerator Applications S.A. (NASDAQ:AAAP) by 25.8% during the second quarter, Holdings Channel reports. The institutional investor owned 358,786 shares of the company’s stock after selling 125,000 shares during the period. Advanced Accelerator Applications comprises approximately 3.5% of Vivo Capital LLC’s portfolio, making the stock its 10th largest position. Vivo Capital LLC’s holdings in Advanced Accelerator Applications were worth $14,007,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in shares of Advanced Accelerator Applications during the first quarter worth approximately $160,000. Birchview Capital LP bought a new position in shares of Advanced Accelerator Applications during the first quarter worth approximately $279,000. KCG Holdings Inc. bought a new position in shares of Advanced Accelerator Applications during the first quarter worth approximately $338,000. Geode Capital Management LLC raised its position in shares of Advanced Accelerator Applications by 32.6% in the first quarter. Geode Capital Management LLC now owns 22,095 shares of the company’s stock worth $880,000 after buying an additional 5,438 shares in the last quarter. Finally, Morgan Stanley raised its position in shares of Advanced Accelerator Applications by 2,208.1% in the first quarter. Morgan Stanley now owns 72,358 shares of the company’s stock worth $2,884,000 after buying an additional 69,223 shares in the last quarter. 40.90% of the stock is currently owned by institutional investors and hedge funds.

Advanced Accelerator Applications S.A. (AAAP) opened at 48.91 on Friday. Advanced Accelerator Applications S.A. has a one year low of $23.50 and a one year high of $51.02.

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A number of brokerages have recently commented on AAAP. Zacks Investment Research raised Advanced Accelerator Applications from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a report on Tuesday, July 11th. BidaskClub raised Advanced Accelerator Applications from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. J P Morgan Chase & Co began coverage on Advanced Accelerator Applications in a report on Thursday, June 15th. They set an “overweight” rating and a $50.00 price objective on the stock. Canaccord Genuity set a $47.00 price objective on Advanced Accelerator Applications and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, TheStreet lowered Advanced Accelerator Applications from a “c-” rating to a “d” rating in a report on Wednesday, June 14th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Advanced Accelerator Applications presently has an average rating of “Buy” and an average target price of $52.00.

Advanced Accelerator Applications Company Profile

Advanced Accelerator Applications SA is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer.

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Institutional Ownership by Quarter for Advanced Accelerator Applications (NASDAQ:AAAP)

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