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Clarivest Asset Management Decreased Logmein (LOGM) Position by $3.18 Million as Share Price Rose; Medtronic Plc (MDT) Share Value Rose While Mai Wealth Advisors Has Cut Holding

Mai Wealth Advisors decreased its stake in Medtronic Plc (MDT) by 24.04% based on its latest 2017Q2 regulatory filing with the SEC. Mai Wealth Advisors sold 10,913 shares as the company’s stock rose 5.51% with the market. The hedge fund held 34,473 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q2, valued at $3.06 million, down from 45,386 at the end of the previous reported quarter. Mai Wealth Advisors who had been investing in Medtronic Plc for a number of months, seems to be less bullish one the $112.25 billion market cap company. The stock increased 1.34% or $1.1 during the last trading session, reaching $82.93. About 2.06M shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since December 15, 2016 and is uptrending. It has underperformed by 12.66% the S&P500.

Clarivest Asset Management Llc decreased its stake in Logmein Inc (LOGM) by 52.32% based on its latest 2017Q2 regulatory filing with the SEC. Clarivest Asset Management Llc sold 30,572 shares as the company’s stock rose 17.94% with the market. The institutional investor held 27,856 shares of the technology company at the end of 2017Q2, valued at $2.91M, down from 58,428 at the end of the previous reported quarter. Clarivest Asset Management Llc who had been investing in Logmein Inc for a number of months, seems to be less bullish one the $6.25 billion market cap company. The stock decreased 0.29% or $0.35 during the last trading session, reaching $118.8. About 113,079 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 101.86% since December 15, 2016 and is uptrending. It has outperformed by 85.16% the S&P500.

Mai Wealth Advisors, which manages about $3.54 billion and $1.55B US Long portfolio, upped its stake in Ishares S&P Mid Cap Barra Valu (IJJ) by 9,662 shares to 109,911 shares, valued at $16.33 million in 2017Q2, according to the filing. It also increased its holding in Netflix Inc. (NASDAQ:NFLX) by 8,358 shares in the quarter, for a total of 10,084 shares, and has risen its stake in Visa Inc Cl A (NYSE:V).

Investors sentiment decreased to 0.9 in 2017 Q2. Its down 0.06, from 0.96 in 2017Q1. It turned 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. The Massachusetts-based Seaward Lp has invested 0.01% in Medtronic plc (NYSE:MDT). M&R Capital Mgmt has 14,414 shares. Riverbridge Prns Ltd Llc owns 244,259 shares or 0.41% of their US portfolio. Central Securities owns 250,000 shares or 3.97% of their US portfolio. Patten Patten Tn owns 2,502 shares. Spirit Of America Management Ny holds 0.09% of its portfolio in Medtronic plc (NYSE:MDT) for 9,029 shares. Bartlett Ltd Limited Liability Company reported 0.01% of its portfolio in Medtronic plc (NYSE:MDT). Qs Invsts reported 0.08% in Medtronic plc (NYSE:MDT). Welch & Forbes Limited Liability Com invested in 0.25% or 100,770 shares. Pineno Levin And Ford Asset has invested 0.22% in Medtronic plc (NYSE:MDT). Eqis Capital owns 22,903 shares or 0.12% of their US portfolio. 60,161 are held by Silvercrest Asset Mngmt Limited. Catawba Capital Va reported 0.3% in Medtronic plc (NYSE:MDT). Bluestein R H And Com reported 318,231 shares. Dynamic Advsr Solutions Ltd Com stated it has 3,127 shares.

Among 28 analysts covering Medtronic (NYSE:MDT), 18 have Buy rating, 0 Sell and 10 Hold. Therefore 64% are positive. Medtronic had 76 analyst reports since August 10, 2015 according to SRatingsIntel. As per Wednesday, September 27, the company rating was maintained by Cowen & Co. As per Friday, September 29, the company rating was maintained by BMO Capital Markets. As per Wednesday, November 22, the company rating was maintained by Stifel Nicolaus. The firm has “Conviction Buy List” rating given on Friday, November 13 by Goldman Sachs. The stock of Medtronic plc (NYSE:MDT) earned “Buy” rating by Needham on Tuesday, June 7. Argus Research upgraded Medtronic plc (NYSE:MDT) rating on Tuesday, December 12. Argus Research has “Buy” rating and $95.0 target. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, November 23 report. As per Thursday, March 23, the company rating was maintained by Oppenheimer. The stock has “Buy” rating by BMO Capital Markets on Tuesday, December 12. Stifel Nicolaus maintained Medtronic plc (NYSE:MDT) on Tuesday, July 18 with “Hold” rating.

Among 12 analysts covering LogMeIn (NASDAQ:LOGM), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. LogMeIn had 42 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Thursday, December 8 by Robert W. Baird. On Thursday, September 21 the stock rating was maintained by Needham with “Buy”. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Buy” rating by Northland Capital on Thursday, July 27. Oppenheimer maintained the shares of LOGM in report on Wednesday, August 9 with “Hold” rating. The stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Buy” rating given on Friday, October 27 by Robert W. Baird. The stock has “Buy” rating by Cowen & Co on Friday, July 28. The firm earned “Hold” rating on Tuesday, August 25 by TheStreet. Barclays Capital upgraded the stock to “Overweight” rating in Monday, October 3 report. Dougherty & Company maintained the stock with “Buy” rating in Friday, April 29 report. The stock has “Outperform” rating by Cowen & Co on Friday, April 7.

Investors sentiment decreased to 1.02 in Q2 2017. Its down 3.31, from 4.33 in 2017Q1. It fall, as 59 investors sold LOGM shares while 116 reduced holdings. 66 funds opened positions while 113 raised stakes. 48.76 million shares or 49.78% less from 97.10 million shares in 2017Q1 were reported. Ftb Advisors Inc accumulated 0.01% or 425 shares. Rk Capital Ltd Liability Company invested in 112,516 shares. Hightower Advisors Ltd Company stated it has 0% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM). Alliancebernstein LP holds 1.06M shares. Clarivest Asset Management Ltd Limited Liability Company owns 27,856 shares. Shannon River Fund Management Lc holds 1.71% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM) for 55,717 shares. Advisory Network Ltd holds 0% or 51 shares. Bartlett & Co Ltd Co has 0% invested in LogMeIn, Inc. (NASDAQ:LOGM). Qci Asset reported 48 shares. 9,278 were accumulated by King Luther Capital Corp. Whittier Tru, California-based fund reported 858 shares. Origin Asset Mngmt Llp stated it has 66,958 shares or 0.43% of all its holdings. Schwab Charles Inv Mgmt holds 138,085 shares. Utah Retirement stated it has 9,483 shares. The Colorado-based Elk Creek Prtn Limited Liability has invested 1.38% in LogMeIn, Inc. (NASDAQ:LOGM).

Since August 1, 2017, it had 0 buys, and 7 selling transactions for $7.92 million activity. Battles Christopher also sold $84,922 worth of LogMeIn, Inc. (NASDAQ:LOGM) shares. Benson Steven J. sold $336,591 worth of LogMeIn, Inc. (NASDAQ:LOGM) on Wednesday, September 13. 14,640 shares were sold by Ford W. Sean, worth $1.65 million. Simon Michael K sold $2.24M worth of LogMeIn, Inc. (NASDAQ:LOGM) on Monday, September 11. 4,588 LogMeIn, Inc. (NASDAQ:LOGM) shares with value of $533,581 were sold by Wagner William Raymond.

Analysts await LogMeIn, Inc. (NASDAQ:LOGM) to report earnings on February, 27. They expect $0.91 EPS, up 175.76% or $0.58 from last year’s $0.33 per share. LOGM’s profit will be $47.90M for 32.64 P/E if the $0.91 EPS becomes a reality. After $0.93 actual EPS reported by LogMeIn, Inc. for the previous quarter, Wall Street now forecasts -2.15% negative EPS growth.

Clarivest Asset Management Llc, which manages about $3.41B and $4.27 billion US Long portfolio, upped its stake in Ellis Perry Intl Inc (NASDAQ:PERY) by 43,000 shares to 264,941 shares, valued at $5.16M in 2017Q2, according to the filing. It also increased its holding in Credicorp Ltd (NYSE:BAP) by 2,500 shares in the quarter, for a total of 33,998 shares, and has risen its stake in Sanmina Corporation (NASDAQ:SANM).

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