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Medtronic Plc (MDT) Holder Artisan Partners Limited Partnership Lifted Holding

December 8, 2017 - By Winifred Garcia

Investors sentiment decreased to 0.9 in Q2 2017. Its down 0.06, from 0.96 in 2017Q1. It is negative, as 72 investors sold MDT shares while 449 reduced holdings. 99 funds opened positions while 370 raised stakes. 1.06 billion shares or 2.23% less from 1.08 billion shares in 2017Q1 were reported. 4,558 were accumulated by Accredited Investors. Jolley Asset Limited Liability reported 345 shares stake. Wellington Shields Capital Mngmt Ltd owns 4,150 shares. Tru Of Toledo Na Oh accumulated 0.25% or 11,030 shares. New York State Teachers Retirement Sys accumulated 2.41 million shares. State Board Of Administration Of Florida Retirement System holds 0.51% in Medtronic plc (NYSE:MDT) or 2.03M shares. Clearbridge Invests Limited Company holds 0.68% or 7.75 million shares in its portfolio. Vigilant Cap Mgmt Ltd Company invested in 0.05% or 3,404 shares. Jarislowsky Fraser Ltd stated it has 0.22% in Medtronic plc (NYSE:MDT). Tiedemann Wealth Mngmt Limited Liability Corp reported 0.23% of its portfolio in Medtronic plc (NYSE:MDT). Dekabank Deutsche Girozentrale stated it has 821,472 shares or 0.58% of all its holdings. Jensen Investment accumulated 8,358 shares. The Tennessee-based State Of Tennessee Treasury Department has invested 0.43% in Medtronic plc (NYSE:MDT). Pggm Investments holds 0.61% of its portfolio in Medtronic plc (NYSE:MDT) for 1.34 million shares. Oppenheimer & holds 117,401 shares or 0.29% of its portfolio.

Artisan Partners Limited Partnership increased its stake in Medtronic Plc (MDT) by 0.21% based on its latest 2017Q2 regulatory filing with the SEC. Artisan Partners Limited Partnership bought 50,352 shares as the company’s stock rose 5.51% with the market. The institutional investor held 23.58 million shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q2, valued at $2.09 billion, up from 23.53 million at the end of the previous reported quarter. Artisan Partners Limited Partnership who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $109.05 billion market cap company. The stock decreased 1.14% or $0.93 during the last trading session, reaching $80.57. About 5.50M shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since December 8, 2016 and is uptrending. It has underperformed by 12.66% the S&P500.

Artisan Partners Limited Partnership, which manages about $53.26 billion US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 37,380 shares to 469,673 shares, valued at $67.64M in 2017Q2, according to the filing. It also reduced its holding in Guidewire Software Inc (NYSE:GWRE) by 98,583 shares in the quarter, leaving it with 4.73 million shares, and cut its stake in Rpm Intl Inc (NYSE:RPM).

Another recent and important Medtronic plc (NYSE:MDT) news was published by Investorplace.com which published an article titled: “Watch Bonds to See if the Bullishness Can Continue” on November 21, 2017.

Medtronic plc (NYSE:MDT) Ratings Coverage

Among 27 analysts covering Medtronic (NYSE:MDT), 17 have Buy rating, 0 Sell and 10 Hold. Therefore 63% are positive. Medtronic had 74 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Medtronic plc (NYSE:MDT) earned “Buy” rating by Needham on Tuesday, September 5. The rating was maintained by RBC Capital Markets on Tuesday, September 29 with “Outperform”. The firm has “Outperform” rating given on Wednesday, November 23 by BMO Capital Markets. The company was maintained on Wednesday, August 23 by Northland Capital. The company was maintained on Monday, October 9 by Needham. The firm has “Buy” rating by Oppenheimer given on Tuesday, July 18. The rating was maintained by Oppenheimer with “Buy” on Thursday, March 23. As per Thursday, October 8, the company rating was upgraded by Evercore. The company was maintained on Friday, February 17 by UBS. The rating was maintained by BMO Capital Markets on Friday, September 29 with “Buy”.

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