Deutsche Bank AG boosted its holdings in shares of Sientra Inc (NASDAQ:SIEN) by 76.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 82,036 shares of the medical instruments supplier’s stock after buying an additional 35,584 shares during the period. Deutsche Bank AG’s holdings in Sientra were worth $1,042,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in SIEN. Millennium Management LLC lifted its holdings in Sientra by 117.6% during the 4th quarter. Millennium Management LLC now owns 966,106 shares of the medical instruments supplier’s stock worth $12,279,000 after buying an additional 522,153 shares in the last quarter. Two Sigma Investments LP acquired a new stake in Sientra during the 4th quarter worth approximately $1,530,000. BlackRock Inc. lifted its holdings in Sientra by 5.5% during the 3rd quarter. BlackRock Inc. now owns 1,572,899 shares of the medical instruments supplier’s stock worth $37,561,000 after buying an additional 82,312 shares in the last quarter. Cannell Capital LLC acquired a new stake in Sientra during the 4th quarter worth approximately $518,000. Finally, Squarepoint Ops LLC lifted its holdings in Sientra by 166.4% during the 4th quarter. Squarepoint Ops LLC now owns 55,160 shares of the medical instruments supplier’s stock worth $701,000 after buying an additional 34,456 shares in the last quarter. Institutional investors own 85.74% of the company’s stock.
A number of equities research analysts have issued reports on the stock. Maxim Group reiterated a “buy” rating and set a $20.00 target price on shares of Sientra in a report on Monday, February 11th. Craig Hallum set a $23.00 price objective on shares of Sientra and gave the company a “buy” rating in a report on Tuesday, March 26th. ValuEngine lowered shares of Sientra from a “buy” rating to a “hold” rating in a report on Thursday, March 14th. BidaskClub upgraded shares of Sientra from a “strong sell” rating to a “sell” rating in a report on Thursday, April 25th. Finally, William Blair lowered shares of Sientra from an “outperform” rating to a “market perform” rating in a report on Wednesday, March 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $21.00.
Sientra (NASDAQ:SIEN) last announced its quarterly earnings data on Wednesday, May 8th. The medical instruments supplier reported ($0.91) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.76) by ($0.15). Sientra had a negative net margin of 126.32% and a negative return on equity of 119.59%. The firm had revenue of $17.55 million during the quarter, compared to analyst estimates of $17.00 million. Equities analysts expect that Sientra Inc will post -2.84 EPS for the current year.
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Sientra, Inc, a medical aesthetics company, develops and sells medical aesthetics products to plastic surgeons in the United States. It operates through two segments, Breast Products and miraDry. The company offers silicone gel breast implants for use in breast augmentation and breast reconstruction procedures; breast tissue expanders; and scar management products under the Sientra, AlloX2, Dermaspan, Softspan, and BIOCORNEUM brand names.
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