Medtronic (MDT) Stock Rating Reaffirmed by Oppenheimer

In other news, EVP Bryan C. Hanson sold 16,000 shares of the business's stock in a transaction that occurred on Monday, October 16th. The medical technology company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.08. Institutional investors own 81.72% of the company's stock.

The stock increased 2.08% or $1.71 during the last trading session, reaching $83.92. 6,341,300 shares of the company's stock were exchanged, compared to its average volume of 5,170,000. It has outperformed by 6.48% the S&P500.

Berkshire Asset Management LLC PA decreased its stake in shares of Medtronic plc. The company has market cap of $389.19 million. The institutional investor held 161,923 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q3, valued at $12.59M, up from 28,000 at the end of the previous reported quarter. The firm has a market cap of $113.67 billion, a price-to-earnings ratio of 29.31 and a beta of 0.97. About 2.38M shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since January 4, 2017 and is uptrending. It has underperformed by 12.66% the S&P500.

Investors sentiment increased to 0.83 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It dived, as 61 investors sold MET shares while 336 reduced holdings. 65 funds opened positions while 289 raised stakes. Diversified Trust Co holds 0.46% or 76,958 shares in its portfolio. Nationwide Fund invested in 644,569 shares or 0.2% of the stock. Envestnet Asset Incorporated reported 0% in CRH plc (NYSE:CRH). Manning & Napier Limited Com has invested 3.52% in Medtronic plc (NYSE:MDT). Cibc National Bank Usa has invested 0.03% in CRH plc (NYSE:CRH). Wellington Shields Ltd Liability Co accumulated 3,850 shares. Manufacturers Life Insur The owns 60 shares. Roberts Glore & Inc Il holds 0.37% or 7,373 shares in its portfolio. Cannell Peter B And Inc holds 0.11% of its portfolio in Medtronic plc (NYSE:MDT) for 41,709 shares. Moreover, Narwhal Cap Management has 0.47% invested in MetLife, Inc. Glenview Natl Bank Trust Dept invested in 0.18% or 4,696 shares. Alphaone Investment Service Llc holds 1,343 shares or 0.03% of its portfolio. Pekin Singer Strauss Asset Management Il stated it has 7,119 shares or 0.1% of all its holdings. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and fifteen have assigned a buy rating to the company. Therefore 70% are positive.

Several research analysts have weighed in on MDT shares. Medtronic has a consensus rating of "Hold" and an average price target of $88.64. The company presently has an average rating of "Buy" and an average target price of $89.65. On Tuesday, January 31 the stock rating was downgraded by Morgan Stanley to "Underweight".

Harvest Fund Advisors LLC Lifted Holding in Energy Transfer Equity LP (ETE)
Value of Energy Transfer Equity, L.P. (NYSE:ETE) is 42.00000. (NYSE:DLR) on Monday, November 2 to "Market Perform" rating. Sterling Capital Management Limited stated it has 12,780 shares. 120,388 are owned by State Teachers Retirement Sys.


The company also recently announced a quarterly dividend, which will be paid on Friday, January 19th. The firm has "Buy" rating by Societe Generale given on Thursday, October 20.

Homrich & Berg increased its stake in Medtronic by 19.0% in the 1st quarter. Its up 0.22, from 0.9 in 2017Q2. It is positive, as 73 investors sold Medtronic plc shares while 392 reduced holdings. Moreover, First City Capital Mngmt has 0.41% invested in Medtronic plc (NYSE:MDT). Maple Inc stated it has 3,262 shares or 0.07% of all its holdings. Griffin Asset Mngmt Inc reported 30,371 shares.

First Merchants Corp lifted its stake in Medtronic plc. Sector Pension Investment Board holds 0.09% or 266,326 shares in its portfolio.

Schafer Cullen Capital Management Inc, which manages about $10.62B and $8.31 billion US Long portfolio, upped its stake in Ubs Group Ag (Adr) (NYSE:UBS) by 114,954 shares to 4.31 million shares, valued at $73.99M in 2017Q3, according to the filing. Yhb Inv invested 0.14% in Medtronic plc (NYSE:MDT). Motco now owns 1,350 shares of the medical technology company's stock valued at $117,000 after buying an additional 560 shares during the period. Ontario Teachers Pension Plan Board reported 0.34% stake. Schwab Charles Invest Mgmt Incorporated has invested 0.33% of its portfolio in Medtronic plc (NYSE:MDT). After $1.07 actual EPS reported by Medtronic plc for the previous quarter, Wall Street now forecasts 9.35% EPS growth. Jefferies maintained Medtronic plc (NYSE:MDT) on Friday, September 4 with "Hold" rating. Therefore 68% are positive. Medtronic had 77 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by Wells Fargo to "Market Perform" on Monday, October 9. The rating was maintained by Oppenheimer with "Buy" on Tuesday, July 18. The firm has "Hold" rating by Northland Capital given on Friday, April 21. The firm has "Hold" rating by Stifel Nicolaus given on Tuesday, August 22. RBC Capital Markets maintained the stock with "Buy" rating in Friday, September 22 report. MDT's past Neutral rating is has been discontinued by the brokerage firm.

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