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As Ryder Sys (R) Stock Declined, Principal Financial Group Decreased Its Stake by $658,560; Avalon Global Asset Management Raised Its Position in Palo Alto Networks (PANW) by $5.08 Million

Principal Financial Group Inc decreased its stake in Ryder Sys Inc (R) by 3.46% based on its latest 2017Q3 regulatory filing with the SEC. Principal Financial Group Inc sold 7,840 shares as the company’s stock declined 17.70% while stock markets rallied. The institutional investor held 218,448 shares of the consumer services company at the end of 2017Q3, valued at $18.47 million, down from 226,288 at the end of the previous reported quarter. Principal Financial Group Inc who had been investing in Ryder Sys Inc for a number of months, seems to be less bullish one the $4.28B market cap company. The stock decreased 3.97% or $3.34 during the last trading session, reaching $80.77. About 507,824 shares traded or 1.94% up from the average. Ryder System, Inc. (NYSE:R) has declined 4.77% since February 6, 2017 and is downtrending. It has underperformed by 21.47% the S&P500.

Avalon Global Asset Management Llc increased its stake in Palo Alto Networks Inc (PANW) by 141.24% based on its latest 2017Q3 regulatory filing with the SEC. Avalon Global Asset Management Llc bought 35,310 shares as the company’s stock declined 24.72% while stock markets rallied. The hedge fund held 60,310 shares of the technology company at the end of 2017Q3, valued at $8.69M, up from 25,000 at the end of the previous reported quarter. Avalon Global Asset Management Llc who had been investing in Palo Alto Networks Inc for a number of months, seems to be bullish on the $14.11B market cap company. The stock decreased 1.06% or $1.64 during the last trading session, reaching $153.54. About 1.41 million shares traded or 0.37% up from the average. Palo Alto Networks, Inc. (NYSE:PANW) has declined 16.31% since February 6, 2017 and is downtrending. It has underperformed by 33.01% the S&P500.

Investors sentiment increased to 1.16 in Q3 2017. Its up 0.22, from 0.94 in 2017Q2. It increased, as 43 investors sold PANW shares while 148 reduced holdings. 63 funds opened positions while 159 raised stakes. 70.19 million shares or 3.76% more from 67.64 million shares in 2017Q2 were reported. Dubuque Bancshares & has 3,514 shares. Tradewinds Capital Ltd Limited Liability Company holds 0.15% or 2,080 shares. 40,647 are held by Gateway Advisers Lc. Broadview Lc holds 0.04% of its portfolio in Palo Alto Networks, Inc. (NYSE:PANW) for 1,950 shares. Principal Group Incorporated holds 0% in Palo Alto Networks, Inc. (NYSE:PANW) or 4,525 shares. State Street invested 0.02% in Palo Alto Networks, Inc. (NYSE:PANW). Johnson Fincl Gp has invested 0% in Palo Alto Networks, Inc. (NYSE:PANW). Crosslink Capital invested in 6.08% or 248,368 shares. Korea owns 43,186 shares. Thornburg Investment Mngmt accumulated 238,917 shares or 0.25% of the stock. Trillium Asset Mngmt Ltd Limited Liability Company holds 138,935 shares. Connable Office invested in 0.29% or 9,996 shares. First Allied Advisory Services Inc invested in 0.01% or 1,869 shares. Bb&T Secs Lc invested in 1,603 shares. Guggenheim Limited Liability Corporation owns 22,486 shares.

Since September 8, 2017, it had 0 buys, and 15 selling transactions for $63.89 million activity. 2,000 shares were sold by MERESMAN STANLEY J, worth $318,000. ZUK NIR sold $290,015 worth of Palo Alto Networks, Inc. (NYSE:PANW) on Monday, September 11. Another trade for 27,248 shares valued at $4.09M was sold by BONVANIE RENE. Eschenbach Carl M. sold $227,920 worth of stock or 1,572 shares. Anderson Mark also sold $6.36M worth of Palo Alto Networks, Inc. (NYSE:PANW) shares.

Avalon Global Asset Management Llc, which manages about $132.23 million and $262.22 million US Long portfolio, decreased its stake in Lululemon Athletica Inc (NASDAQ:LULU) by 25,000 shares to 59,770 shares, valued at $3.72M in 2017Q3, according to the filing. It also reduced its holding in Amazon Com Inc (Put) (NASDAQ:AMZN) by 630 shares in the quarter, leaving it with 6,000 shares, and cut its stake in Broadcom Ltd.

Among 52 analysts covering Palo Alto Networks (NYSE:PANW), 42 have Buy rating, 2 Sell and 8 Hold. Therefore 81% are positive. Palo Alto Networks has $235 highest and $119 lowest target. $171.68’s average target is 11.81% above currents $153.54 stock price. Palo Alto Networks had 184 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by Robert W. Baird given on Friday, October 13. Oppenheimer maintained it with “Outperform” rating and $196 target in Tuesday, November 24 report. Piper Jaffray maintained the stock with “Buy” rating in Friday, November 10 report. The stock of Palo Alto Networks, Inc. (NYSE:PANW) earned “Buy” rating by Maxim Group on Friday, October 27. BTIG Research maintained the stock with “Buy” rating in Friday, May 27 report. The rating was upgraded by Bank of America to “Buy” on Friday, February 26. Evercore initiated the shares of PANW in report on Tuesday, December 15 with “Buy” rating. The stock of Palo Alto Networks, Inc. (NYSE:PANW) has “Buy” rating given on Thursday, August 31 by Piper Jaffray. On Tuesday, November 22 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock has “Buy” rating by Cowen & Co on Wednesday, September 27.

Among 11 analysts covering Ryder System Inc. (NYSE:R), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Ryder System Inc. has $115 highest and $54 lowest target. $90’s average target is 11.43% above currents $80.77 stock price. Ryder System Inc. had 26 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, November 15 by Stifel Nicolaus. The firm earned “Strong Buy” rating on Friday, August 28 by Raymond James. As per Thursday, October 12, the company rating was maintained by JP Morgan. Stifel Nicolaus maintained Ryder System, Inc. (NYSE:R) on Thursday, January 18 with “Hold” rating. The firm earned “Sector Perform” rating on Thursday, January 7 by RBC Capital Markets. CLSA initiated the shares of R in report on Friday, September 30 with “Buy” rating. The rating was maintained by Seaport Global on Monday, April 24 with “Neutral”. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, October 13 report. Robert W. Baird maintained Ryder System, Inc. (NYSE:R) rating on Friday, November 3. Robert W. Baird has “Buy” rating and $98.0 target. The stock of Ryder System, Inc. (NYSE:R) has “Outperform” rating given on Tuesday, October 13 by FBR Capital.

Investors sentiment increased to 1.02 in 2017 Q3. Its up 0.23, from 0.79 in 2017Q2. It increased, as 36 investors sold R shares while 88 reduced holdings. 48 funds opened positions while 78 raised stakes. 46.48 million shares or 0.89% more from 46.07 million shares in 2017Q2 were reported. Moreover, Ing Groep Nv has 0.01% invested in Ryder System, Inc. (NYSE:R) for 6,489 shares. Ubs Asset Management Americas reported 60,498 shares. Ellington Mgmt Grp Inc Ltd Limited Liability Company, a Connecticut-based fund reported 7,800 shares. 7,615 are held by Boston Advsr Limited Company. Wesbanco Financial Bank Inc stated it has 0.09% of its portfolio in Ryder System, Inc. (NYSE:R). Qs Investors Ltd has invested 0% of its portfolio in Ryder System, Inc. (NYSE:R). Swiss State Bank has invested 0.01% in Ryder System, Inc. (NYSE:R). Oregon Employees Retirement Fund owns 19,645 shares. Janney Mngmt Llc, a Pennsylvania-based fund reported 3,176 shares. Earnest Ptnrs Ltd holds 0.23% of its portfolio in Ryder System, Inc. (NYSE:R) for 277,591 shares. Cantab Prns Llp reported 11,857 shares. Paloma Ptnrs Management reported 25,201 shares. Balyasny Asset Limited Company has 0% invested in Ryder System, Inc. (NYSE:R) for 14,543 shares. Eads Heald Investment Counsel owns 18,578 shares or 0.98% of their US portfolio. Stevens Capital Mgmt Ltd Partnership reported 5,281 shares.

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