Tcw Group Position in Medtronic Plc (MDT) Has Cut as Share Value Rose; Keysight Technologies (KEYS) Share Price Declined While Price Michael F Has Decreased by $3.05 Million Its Stake

February 15, 2018 - By Winifred Garcia

Michael Price decreased its stake in Keysight Technologies Inc. (KEYS) by 39.21% based on its latest 2017Q3 regulatory filing with the SEC. Price Michael F sold 74,500 shares as the company’s stock declined 1.13% while stock markets rallied. The hedge fund run by Michael Price held 115,500 shares of the industrial machinery and components company at the end of 2017Q3, valued at $4.81 million, down from 190,000 at the end of the previous reported quarter. Price Michael F who had been investing in Keysight Technologies Inc. for a number of months, seems to be less bullish one the $8.57B market cap company. The stock increased 0.82% or $0.37 during the last trading session, reaching $45.74. About 196,284 shares traded. Keysight Technologies, Inc. (NYSE:KEYS) has risen 44.25% since February 15, 2017 and is uptrending. It has outperformed by 27.55% the S&P500.

Tcw Group Inc decreased its stake in Medtronic Plc (MDT) by 2.4% based on its latest 2017Q3 regulatory filing with the SEC. Tcw Group Inc sold 19,736 shares as the company’s stock rose 5.51% with the market. The institutional investor held 802,317 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q3, valued at $62.40 million, down from 822,053 at the end of the previous reported quarter. Tcw Group Inc who had been investing in Medtronic Plc for a number of months, seems to be less bullish one the $111.96B market cap company. The stock increased 1.05% or $0.86 during the last trading session, reaching $82.72. About 2.21M shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since February 15, 2017 and is uptrending. It has underperformed by 12.66% the S&P500.

Among 28 analysts covering Medtronic (NYSE:MDT), 18 have Buy rating, 0 Sell and 10 Hold. Therefore 64% are positive. Medtronic had 79 analyst reports since August 10, 2015 according to SRatingsIntel. On Tuesday, July 18 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by Oppenheimer with “Buy” on Tuesday, August 22. Wells Fargo downgraded Medtronic plc (NYSE:MDT) on Monday, October 9 to “Market Perform” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, September 29 report. The firm has “Buy” rating by Oppenheimer given on Friday, May 26. The company was maintained on Friday, November 17 by SunTrust. Guggenheim initiated the shares of MDT in report on Thursday, June 9 with “Neutral” rating. BMO Capital Markets maintained the stock with “Buy” rating in Tuesday, August 22 report. The firm earned “Buy” rating on Thursday, March 23 by Oppenheimer. As per Tuesday, January 2, the company rating was upgraded by Bank of America.

Tcw Group Inc, which manages about $12.58 billion US Long portfolio, upped its stake in Alphabet Inc by 312 shares to 22,357 shares, valued at $21.77M in 2017Q3, according to the filing. It also increased its holding in On Semiconductor Corp (ONNN) by 938,018 shares in the quarter, for a total of 5.06M shares, and has risen its stake in Broadcom Ltd.

Analysts await Medtronic plc (NYSE:MDT) to report earnings on February, 20. They expect $1.17 EPS, up 4.46% or $0.05 from last year’s $1.12 per share. MDT’s profit will be $1.58B for 17.68 P/E if the $1.17 EPS becomes a reality. After $1.07 actual EPS reported by Medtronic plc for the previous quarter, Wall Street now forecasts 9.35% EPS growth.

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.22, from 0.9 in 2017Q2. It increased, as 73 investors sold MDT shares while 392 reduced holdings. 109 funds opened positions while 414 raised stakes. 1.07 billion shares or 1.07% more from 1.06 billion shares in 2017Q2 were reported. Meeder Asset Mngmt invested in 34,553 shares. Moreover, Next Financial Gru Incorporated Inc has 0.12% invested in Medtronic plc (NYSE:MDT) for 5,717 shares. Parkside Finance Bancorporation &, a Missouri-based fund reported 1,160 shares. Roundview Cap Limited Company accumulated 6,901 shares. Boston Private Wealth Llc has invested 1.1% in Medtronic plc (NYSE:MDT). Wesbanco National Bank owns 10,042 shares. Virginia-based Union Bank & Trust Corporation has invested 0.17% in Medtronic plc (NYSE:MDT). Lakeview Cap Ptnrs Limited Com, Georgia-based fund reported 2,895 shares. Shelter Insurance Retirement Plan accumulated 82,022 shares. Gotham Asset Llc invested in 0.36% or 316,892 shares. Scotia stated it has 0.1% in Medtronic plc (NYSE:MDT). Eastern Bancorporation invested in 17,697 shares or 0.1% of the stock. Edgemoor Incorporated has 0.04% invested in Medtronic plc (NYSE:MDT) for 4,240 shares. Raub Brock LP has 3.84% invested in Medtronic plc (NYSE:MDT). Private Ocean Limited Liability Company accumulated 65 shares or 0% of the stock.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.27, from 1.2 in 2017Q2. It is negative, as 28 investors sold KEYS shares while 93 reduced holdings. 33 funds opened positions while 80 raised stakes. 160.84 million shares or 1.84% more from 157.93 million shares in 2017Q2 were reported. New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.09% in Keysight Technologies, Inc. (NYSE:KEYS). Scout Investments Inc holds 0.81% or 710,236 shares. Moreover, Sg Americas Securities Ltd Com has 0% invested in Keysight Technologies, Inc. (NYSE:KEYS) for 13,297 shares. New England Rech And Mngmt Incorporated owns 5,530 shares or 0.17% of their US portfolio. Price Michael F holds 0.67% in Keysight Technologies, Inc. (NYSE:KEYS) or 115,500 shares. M&T Bank & Trust Corporation reported 9,716 shares stake. State Street Corporation holds 0.02% or 5.04M shares in its portfolio. Keybank National Association Oh has 0.01% invested in Keysight Technologies, Inc. (NYSE:KEYS). Cantab Capital Ptnrs Llp invested in 28,840 shares. Lpl Ltd Company holds 6,530 shares or 0% of its portfolio. Clifford Swan Investment Counsel Ltd reported 0.26% stake. 16,848 are held by Utd Automobile Association. Bank & Trust Of America De invested 0.01% of its portfolio in Keysight Technologies, Inc. (NYSE:KEYS). 100 are owned by Peoples Financial Services Corp. Winslow Evans And Crocker Incorporated invested 0.04% in Keysight Technologies, Inc. (NYSE:KEYS).

Among 10 analysts covering Keysight Technologies Inc (NYSE:KEYS), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Keysight Technologies Inc had 32 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was initiated by Goldman Sachs on Wednesday, February 3 with “Neutral”. Robert W. Baird maintained the stock with “Buy” rating in Friday, October 6 report. Wells Fargo initiated Keysight Technologies, Inc. (NYSE:KEYS) on Thursday, April 6 with “Outperform” rating. The stock of Keysight Technologies, Inc. (NYSE:KEYS) earned “Buy” rating by Jefferies on Friday, October 20. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, August 30 report. The stock of Keysight Technologies, Inc. (NYSE:KEYS) has “Outperform” rating given on Thursday, August 31 by Credit Suisse. Robert W. Baird upgraded Keysight Technologies, Inc. (NYSE:KEYS) on Thursday, August 20 to “Outperform” rating. Credit Suisse initiated the stock with “Outperform” rating in Monday, May 8 report. The stock of Keysight Technologies, Inc. (NYSE:KEYS) has “Buy” rating given on Tuesday, August 22 by Jefferies. Robert W. Baird upgraded Keysight Technologies, Inc. (NYSE:KEYS) on Friday, June 16 to “Outperform” rating.

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