Medtronic PLC (MDT) Stake Lifted by KCM Investment Advisors LLC

Marco Green
November 14, 2017

California Employees Retirement holds 3.14M shares or 0.45% of its portfolio. Dupont Capital Management Corp now owns 74,052 shares of the medical technology company's stock worth $6,572,000 after acquiring an additional 16,562 shares in the last quarter.

The ROA of Medtronic plc is now valued at 4.20% indicating how profitable the company is in regards to its total assets.

Among 27 analysts covering Medtronic (NYSE:MDT), 17 have Buy rating, 0 Sell and 10 Hold. Finally, Mycio Wealth Partners LLC boosted its position in Medtronic PLC by 4.4% in the second quarter. Ordinary Shares (NYSE:MDT) has "Buy" rating given on Thursday, October 8 by Evercore. Forbes J M And Ltd Liability Partnership invested in 2.81% or 124,459 shares. The rating was downgraded by Wells Fargo on Monday, October 9 to "Market Perform". Raub Brock Cap Management Lp accumulated 178,783 shares or 4.42% of the stock. It has outperformed by 21.65% the S&P500. Five Below had 44 analyst reports since September 3, 2015 according to SRatingsIntel. The stock has a market capitalization of $107,459.70, a P/E ratio of 16.92, a price-to-earnings-growth ratio of 2.19 and a beta of 1.00. Ordinary Shares (NYSE:MDT) on Tuesday, August 22 with "Buy" rating. The company has a current ratio of 1.64, a quick ratio of 1.40 and a debt-to-equity ratio of 0.51. The company was initiated on Tuesday, September 22 by UBS. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. Humana Inc (NYSE:HUM) was raised too. It also upped Quality Systems Inc. The stock's average target of $131.50 is -12.65% below today's ($150.54) share price. Ordinary Shares (NYSE:MDT). Signature Fin Mgmt owns 2,988 shares for 0.08% of their portfolio. Its down 0.06, from 0.96 in 2017Q1. It increased, as 48 investors sold FB shares while 553 reduced holdings.

Several hedge funds have recently added to or reduced their stakes in MDT. Chemical Fincl Bank owns 11,623 shares for 0.11% of their portfolio. Ordinary Shares (NYSE:MDT). Gotham Asset Mngmt Limited Liability Co holds 441,394 shares or 0.55% of its portfolio. Dekabank Deutsche Girozentrale invested in 0.58% or 821,472 shares. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. About 6.42 million shares traded or 9.37% up from the average. Finally, North Star Investment Management Corp. lifted its holdings in Medtronic PLC by 1.1% during the second quarter. AVRA Inc (OTCMKTS:AVRN) has 0.00% since November 12, 2016 and is. 37,749 were reported by Baltimore. Valley National Advisers invested in 0.03% or 946 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $469,812 activity. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company's stock. Therefore 63% are positive. Needham & Company LLC reissued a "buy" rating and issued a $94.00 price target on shares of Medtronic PLC in a research note on Thursday, November 9th. Jefferies Group LLC reaffirmed a "buy" rating and set a $96.00 price objective on shares of Medtronic PLC in a report on Thursday, September 28th. RBC Capital Markets has "Buy" rating and $90.0 target. The stock has "Buy" rating by Oppenheimer on Friday, May 26. Shareholders of record on Friday, September 29th were paid a $0.46 dividend. The firm has "Buy" rating given on Tuesday, August 22 by BMO Capital Markets. On Tuesday, June 27 the stock rating was maintained by Jefferies with "Buy". That represents a quarterly year/year change in revenues of 0.03 in sequential terms, the MDT saw sales decline by -0.07.

Investors sentiment decreased to 0.9 in 2017 Q2. Letko Brosseau & Associates Inc sold 14,950 shares as Medtronic Plc (MDT)'s stock rose 5.51%. BDO Wealth Advisors LLC bought a new stake in shares of Medtronic PLC during the second quarter valued at approximately $103,000. Medtronic PLC now has an average rating of "Hold" and a consensus price target of $87.88.

KCM Investment Advisors LLC increased its stake in Medtronic PLC (NYSE:MDT) by 3.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. Medtronic PLC has a one year low of $69.35 and a one year high of $89.72. 8,145 are held by Maryland Capital Mgmt. Ordinary Shares (NYSE:MDT) to report earnings on November, 21 before the open. Trading volume for Medtronic plc was 6.38 Million in its previous trading session. Ordinary Shares (NYSE:MDT). State Of New Jersey Common Pension Fund D accumulated 723,780 shares.

Shares of Medtronic PLC (NYSE MDT) opened at $79.20 on Tuesday. Headinvest holds 50,378 shares. Chilton Investment Co. LLC now owns 26,842 shares of the medical technology company's stock worth $2,382,000 after purchasing an additional 1,538 shares during the last quarter. Grantham Mayo Van Otterloo Limited Liability Corp invested in 4.37 million shares.

Susquehanna International Group Llp, which manages about $227.60 billion US Long portfolio, decreased its stake in Vanguard Intl Equity Index F (Call) (VT) by 17,500 shares to 27,600 shares, valued at $1.86M in 2017Q2, according to the filing.

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