Investor Watch: Quant Signal Review on Medtronic plc (NYSE:MDT)

Henrietta Strickland
April 16, 2018

Woodstock Corp bought 19,968 shares as the company's stock rose 21.43% while stock markets declined. The Hudson Valley Investment Advisors Inc holds 156,118 shares with $12.61 million value, down from 162,636 last quarter. Foyston Gordon & Payne Inc who had been investing in Medtronic Plc for a number of months, seems to be less bullish one the $107.85 billion market cap company.

MDT traded down $0.27 on Friday, hitting $79.57. About 4.00M shares traded. MDT underperformed the S&P500 by 15.09%. Gator Capital Management Lc owns 12,000 shares. The hedge fund run by Kevin D. Eng held 1.14 million shares of the television services company at the end of 2017Q4, valued at $45.75M, up from 838,187 at the end of the previous reported quarter. The companyÂ's Cardiac and Vascular Group segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; diagnostics and monitoring devices; mechanical circulatory support, TYRX, and AF products; and remote monitoring and patient-centered software.38.93 is the P/E ratio.

Medtronic (NYSE:MDT) last posted its earnings results on Tuesday, February 20th. It has underperformed by 3.07% the S&P500.

Investors sentiment increased to 1.21 in 2017 Q4. The medical technology company reported $1.17 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.16 by $0.01. It worsened, as 20 investors sold FLO shares while 90 reduced holdings. 122 funds opened positions while 455 raised stakes. Arizona State Retirement Sys invested 0.3% in Medtronic plc (NYSE:MDT). Commonwealth Financial Bank Of Aus accumulated 960 shares. 128.25 million shares or 11.42% less from 144.78 million shares in 2017Q3 were reported. Lynch Assoc In has invested 4.82% in Microsoft Corporation (NASDAQ:MSFT). Barrow Hanley Mewhinney And Strauss, a Texas-based fund reported 15.70 million shares.

Bluemountain Capital Management Llc increased Flowers Foods Inc (FLO) stake by 298.53% reported in 2017Q4 SEC filing. (NASDAQ:FB) to report earnings on May, 2. The Michigan-based Comerica National Bank & Trust has invested 0.37% in Comcast Corporation (NASDAQ:CMCSA). Brinker accumulated 0.3% or 95,553 shares. 76,077 were reported by Copeland Mngmt Ltd Liability Corporation. Summit Secs Limited Liability Corporation reported 3,300 shares. It also upped Ulta Salon Cosmetics (NASDAQ:ULTA) stake by 115,192 shares and now owns 184,195 shares. For a total of 796,068 shares it reduced its holding in Philip Morris Intl Inc (NYSE:PM) by 61,858 shares in the quarter, and has cut its stake in Abbott Labs (NYSE:ABT). The insider Wehner David M. sold 14,901 shares worth $2.66M.

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 72% are positive. Flowers Foods had 35 analyst reports since September 21, 2015 according to SRatingsIntel. In Tuesday, December 12 report Argus Research upgraded the stock to "Buy" rating. The stock of Comcast Corporation (NASDAQ:CMCSA) has "Outperform" rating given on Monday, October 24 by Macquarie Research. As per Friday, March 23, the company rating was maintained by Stephens. On Friday, November 10 the company was maintained by BMO Capital Markets. On Thursday, August 31 the stock rating was maintained by Jefferies with "Hold". Northland Capital maintained the stock with "Hold" rating in Wednesday, August 23 report. The company rating was maintained by Stifel Nicolaus on Wednesday, November 22. The stock's average target of $67.50 is -18.74% below today's ($83.07) share price. On Tuesday, August 22 the stock rating was maintained by BTIG Research with "Hold".

Big Money Sentiment decreased to 1.02 in 2017 Q4. It's up 0.10, from 0.92 in 2017Q3. It fall, as 65 investors sold MDT shares while 427 reduced holdings. 111 funds amassed positions and 393 increased positions. Toronto Dominion Bank now owns 463,775 shares of the medical technology company's stock worth $41,152,000 after purchasing an additional 94,105 shares during the period. Whitnell And invested 0.01% in Medtronic plc (NYSE:MDT). Oxbow Limited Liability Company holds 0.41% or 27,408 shares. Donaldson Cap Management Ltd Limited Liability Company has invested 1.48% in Medtronic plc (NYSE:MDT).

After a recent scan, we can see that Medtronic plc (NYSE:MDT) has a Shareholder Yield of 0.037284 and a Shareholder Yield (Mebane Faber) of 0.06401. Financial Bank Of Montreal Can invested 0.25% in Medtronic plc (NYSE:MDT). Moreover, Accredited Incorporated has 0.12% invested in Medtronic plc (NYSE:MDT). Bluestein R H has 249,210 shs for 1.04% of their capital. 7,945 are owned by Hirtle Callaghan And Ltd Liability Corporation. MDT's profit will be $1.88B for 14.31 P/E if the $1.39 EPS becomes a reality.

Total analysts of 10 have positions in Medtronic (NYSE:MDT) as follows: 8 rated it a "Buy", 0 with "Sell" and 2 with "Hold". 80% are bullish. 13 are the (NYSE:MDT)'s analyst reports since November 10, 2017 according to StockzIntelligence Inc. Citigroup restated a "buy" rating and set a $93.00 price objective (down from $100.00) on shares of Medtronic in a research report on Thursday, February 22nd. Barclays Capital has "Overweight" rating and $85 target. Needham maintained Medtronic plc (NYSE:MDT) on Wednesday, February 21 with "Buy" rating. Stifel Nicolaus has "Hold" rating and $81 target. The firm has "Buy" rating given on Friday, August 26 by UBS. Proficio Capital Partners LLC now owns 1,505 shares of the medical technology company's stock valued at $130,000 after buying an additional 8 shares during the period. Bank of America upgraded Medtronic plc (NYSE:MDT) on Tuesday, January 2 to "Buy" rating. On Wednesday, February 22 the stock rating was maintained by Needham with "Buy". Medtronic PLC has a 1-year low of $69.35 and a 1-year high of $89.27.

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