Medtronic Plc (MDT) Stake Maintained by Marco Investment Management Llc

January 22, 2018 - By Clifton Ray

Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.22, from 0.9 in 2017Q2. It is positive, 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. Front Barnett Assoc Ltd Liability Co reported 1.43% of its portfolio in Medtronic plc (NYSE:MDT). Warren Averett Asset Mgmt Limited Liability Com reported 0.19% stake. Caxton Assocs LP has invested 0.02% of its portfolio in Medtronic plc (NYSE:MDT). Cibc World invested in 208,232 shares. Perritt Capital Mngmt holds 0.09% in Medtronic plc (NYSE:MDT) or 4,300 shares. Live Your Vision Ltd reported 4,035 shares. Archford Strategies Ltd Co reported 0.36% of its portfolio in Medtronic plc (NYSE:MDT). Janney Montgomery Scott Ltd Llc holds 0.16% in Medtronic plc (NYSE:MDT) or 185,738 shares. Tsp Cap Mgmt Grp Inc Limited Liability holds 0.56% of its portfolio in Medtronic plc (NYSE:MDT) for 15,000 shares. Gp One Trading LP has invested 0% in Medtronic plc (NYSE:MDT). Pinebridge Investments Limited Partnership owns 126,554 shares for 0.24% of their portfolio. Court Place Advsrs Ltd Liability holds 0.12% or 3,354 shares in its portfolio. Cibc Asset Management Inc holds 0.05% or 93,942 shares. Fulton Bankshares Na reported 19,154 shares. Qs Limited Liability Co has 74,665 shares for 0.05% of their portfolio.

Marco Investment Management Llc increased its stake in Medtronic Plc (MDT) by 42.23% based on its latest 2017Q3 regulatory filing with the SEC. Marco Investment Management Llc bought 53,611 shares as the company’s stock rose 5.51% with the market. The institutional investor held 180,556 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q3, valued at $14.04 million, up from 126,945 at the end of the previous reported quarter. Marco Investment Management Llc who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $117.32B market cap company. The stock decreased 0.66% or $0.58 during the last trading session, reaching $86.68. About 7.31 million shares traded or 34.93% up from the average. Medtronic plc (NYSE:MDT) has risen 4.04% since January 22, 2017 and is uptrending. It has underperformed by 12.66% the S&P500.

More notable recent Medtronic plc (NYSE:MDT) news were published by: Investorplace.com which released: “3 Big Stock Charts for Tuesday: Hershey Co (HSY), Juniper Networks, Inc. (JNPR …” on September 05, 2017, also Investorplace.com with their article: “Watch Bonds to See if the Bullishness Can Continue” published on November 21, 2017, Investorplace.com published: “3 Big Stock Charts for Monday: Activision Blizzard, Inc. (ATVI), Netflix, Inc …” on October 09, 2017. More interesting news about Medtronic plc (NYSE:MDT) were released by: Investorplace.com and their article: “3 Dividend Stocks to Buy for 12 Months of Income” published on April 11, 2017 as well as Nasdaq.com‘s news article titled: “Medtronic Completes Covidien Acquisition for $50B – Analyst Blog” with publication date: January 27, 2015.

Medtronic plc (NYSE:MDT) Ratings Coverage

Among 28 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 9 Hold. Therefore 68% are positive. Medtronic has $102 highest and $80.0 lowest target. $89.88’s average target is 3.69% above currents $86.68 stock price. Medtronic had 78 analyst reports since August 10, 2015 according to SRatingsIntel. As per Monday, October 9, the company rating was downgraded by Wells Fargo. The stock of Medtronic plc (NYSE:MDT) has “Buy” rating given on Friday, September 22 by RBC Capital Markets. The rating was maintained by Cowen & Co with “Buy” on Wednesday, September 27. Stifel Nicolaus maintained the shares of MDT in report on Wednesday, November 23 with “Hold” rating. As per Monday, October 9, the company rating was maintained by Leerink Swann. On Friday, May 26 the stock rating was maintained by Oppenheimer with “Buy”. As per Tuesday, November 21, the company rating was maintained by Needham. On Tuesday, August 22 the stock rating was maintained by Cowen & Co with “Buy”. Deutsche Bank maintained the shares of MDT in report on Thursday, June 2 with “Buy” rating. Needham maintained the shares of MDT in report on Friday, August 26 with “Buy” rating.

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