HC Wainwright reiterated their buy rating on shares of Caladrius Biosciences, Inc. (NASDAQ:CLBS) in a report published on Friday. HC Wainwright currently has a $7.00 price objective on the biotechnology company’s stock.

Several other equities analysts have also recently weighed in on CLBS. Zacks Investment Research raised shares of Caladrius Biosciences from a hold rating to a buy rating and set a $4.25 price target on the stock in a research report on Tuesday, September 26th. ValuEngine raised shares of Caladrius Biosciences from a strong sell rating to a sell rating in a research report on Friday, September 1st.

Shares of Caladrius Biosciences (NASDAQ CLBS) traded down $0.12 during midday trading on Friday, reaching $3.01. 25,300 shares of the company traded hands, compared to its average volume of 59,040. Caladrius Biosciences has a twelve month low of $2.63 and a twelve month high of $7.79.

Caladrius Biosciences (NASDAQ:CLBS) last announced its quarterly earnings results on Thursday, November 9th. The biotechnology company reported ($0.38) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.79) by $0.41. Caladrius Biosciences had a negative net margin of 84.10% and a negative return on equity of 141.14%. equities analysts expect that Caladrius Biosciences will post -2.73 earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the business. KCG Holdings Inc. lifted its position in shares of Caladrius Biosciences by 74.6% during the 1st quarter. KCG Holdings Inc. now owns 36,291 shares of the biotechnology company’s stock worth $183,000 after buying an additional 15,501 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Caladrius Biosciences by 34.3% during the 1st quarter. Renaissance Technologies LLC now owns 97,552 shares of the biotechnology company’s stock worth $491,000 after buying an additional 24,900 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Caladrius Biosciences by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 155,380 shares of the biotechnology company’s stock worth $723,000 after buying an additional 4,163 shares in the last quarter. 6.47% of the stock is currently owned by hedge funds and other institutional investors.

About Caladrius Biosciences

Caladrius Biosciences, Inc is a cell therapy development company with product candidates in development based on multiple technology platforms and targeting autoimmune and cardiology indications. The Company’s lead product candidate, CLBS03, is a T regulatory cell (Treg) clinical Phase II therapy targeting adolescents with recent-onset type 1 diabetes mellitus (T1DM) using the patient’s own numerically and functionally enhanced Tregs.

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