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Essex Investment Management Co Lowered Its Intuit (INTU) Position by $363,378; Market Valuation Rose; Capital One National Association Increased Its Eplus (PLUS) Position

Essex Investment Management Co Llc decreased its stake in Intuit (INTU) by 4.48% based on its latest 2017Q3 regulatory filing with the SEC. Essex Investment Management Co Llc sold 2,559 shares as the company’s stock rose 4.61% with the market. The hedge fund held 54,511 shares of the prepackaged software company at the end of 2017Q3, valued at $7.75M, down from 57,070 at the end of the previous reported quarter. Essex Investment Management Co Llc who had been investing in Intuit for a number of months, seems to be less bullish one the $41.90B market cap company. The stock increased 2.85% or $4.54 during the last trading session, reaching $163.9. About 1.24M shares traded. Intuit Inc. (NASDAQ:INTU) has risen 23.62% since February 15, 2017 and is uptrending. It has outperformed by 6.92% the S&P500.

Capital One National Association increased its stake in Eplus Inc (PLUS) by 51.76% based on its latest 2017Q3 regulatory filing with the SEC. Capital One National Association bought 8,615 shares as the company’s stock rose 20.28% with the market. The institutional investor held 25,258 shares of the computer software & peripheral equipment company at the end of 2017Q3, valued at $2.34M, up from 16,643 at the end of the previous reported quarter. Capital One National Association who had been investing in Eplus Inc for a number of months, seems to be bullish on the $1.02 billion market cap company. The stock decreased 0.14% or $0.1 during the last trading session, reaching $73.35. About 100,934 shares traded or 15.21% up from the average. ePlus inc. (NASDAQ:PLUS) has risen 75.66% since February 15, 2017 and is uptrending. It has outperformed by 58.96% the S&P500.

Analysts await Intuit Inc. (NASDAQ:INTU) to report earnings on February, 22. They expect $0.09 earnings per share, up 28.57% or $0.02 from last year’s $0.07 per share. INTU’s profit will be $23.01M for 455.28 P/E if the $0.09 EPS becomes a reality. After $-0.14 actual earnings per share reported by Intuit Inc. for the previous quarter, Wall Street now forecasts -164.29% EPS growth.

Among 23 analysts covering Intuit (NASDAQ:INTU), 9 have Buy rating, 2 Sell and 12 Hold. Therefore 39% are positive. Intuit had 83 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Intuit Inc. (NASDAQ:INTU) has “Underweight” rating given on Tuesday, September 13 by Morgan Stanley. Raymond James downgraded the shares of INTU in report on Monday, August 10 to “Outperform” rating. Deutsche Bank maintained it with “Buy” rating and $120 target in Wednesday, November 4 report. The stock has “Underperform” rating by Raymond James on Wednesday, September 27. Oppenheimer maintained Intuit Inc. (NASDAQ:INTU) rating on Friday, September 18. Oppenheimer has “Outperform” rating and $96 target. Barclays Capital maintained Intuit Inc. (NASDAQ:INTU) on Tuesday, February 13 with “Equal-Weight” rating. The stock of Intuit Inc. (NASDAQ:INTU) has “Equal-Weight” rating given on Friday, July 15 by Barclays Capital. On Friday, February 24 the stock rating was upgraded by Credit Suisse to “Outperform”. The stock of Intuit Inc. (NASDAQ:INTU) has “Hold” rating given on Friday, July 21 by Stifel Nicolaus. The rating was maintained by Goldman Sachs with “Buy” on Thursday, June 23.

Essex Investment Management Co Llc, which manages about $740.27M and $735.81 million US Long portfolio, upped its stake in Seabridge Gold Inc (NYSE:SA) by 144,347 shares to 200,147 shares, valued at $2.44M in 2017Q3, according to the filing. It also increased its holding in Neos Therapeutics Inc by 46,423 shares in the quarter, for a total of 238,152 shares, and has risen its stake in Home Depot Inc (NYSE:HD).

Since August 24, 2017, it had 0 buys, and 15 sales for $155.18 million activity. 98,901 Intuit Inc. (NASDAQ:INTU) shares with value of $13.37 million were sold by Goodarzi Sasan K. Shares for $26.62M were sold by COOK SCOTT D on Tuesday, September 19. $26.05M worth of stock was sold by Williams R Neil on Tuesday, September 12. 8,329 shares valued at $1.13 million were sold by Wernikoff Daniel A on Thursday, August 24. Another trade for 1,868 shares valued at $265,839 was made by FLOURNOY MARK J on Monday, September 11.

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.04, from 0.96 in 2017Q2. It fall, as 33 investors sold INTU shares while 249 reduced holdings. 66 funds opened positions while 193 raised stakes. 215.12 million shares or 0.10% less from 215.33 million shares in 2017Q2 were reported. Comerica Fincl Bank stated it has 86,284 shares or 0.09% of all its holdings. Colony Grp Incorporated Ltd Co invested in 0.87% or 90,026 shares. California-based Osborne Prtnrs Capital Mgmt Limited Com has invested 0.29% in Intuit Inc. (NASDAQ:INTU). Bp Pcl accumulated 30,000 shares. Ironwood Financial Ltd Liability Co invested in 186 shares or 0.02% of the stock. Prudential Inc invested in 1.04 million shares or 0.24% of the stock. American Century Companies holds 465,503 shares. Royal Bancorp Of Scotland Public Limited Company invested in 1,760 shares. Brown Advisory owns 1.24% invested in Intuit Inc. (NASDAQ:INTU) for 2.64M shares. Paloma Partners Mgmt Company invested in 2,714 shares. Barr E S accumulated 0.03% or 1,979 shares. 5,400 are held by One Cap Lc. Moreover, Quantres Asset Mgmt Ltd has 0.66% invested in Intuit Inc. (NASDAQ:INTU). Texas Permanent School Fund reported 0.12% stake. Qci Asset Mngmt reported 0.01% of its portfolio in Intuit Inc. (NASDAQ:INTU).

Capital One National Association, which manages about $1.43B US Long portfolio, decreased its stake in Deere & Co (NYSE:DE) by 2,617 shares to 17,456 shares, valued at $2.19 million in 2017Q3, according to the filing. It also reduced its holding in Cadence Design System Inc (NASDAQ:CDNS) by 28,613 shares in the quarter, leaving it with 66,802 shares, and cut its stake in Disney Walt Co (NYSE:DIS).

Since September 6, 2017, it had 0 buys, and 5 sales for $2.29 million activity. $241,354 worth of ePlus inc. (NASDAQ:PLUS) shares were sold by Marion Elaine D. 10,000 shares valued at $934,016 were sold by MARRON MARK P on Monday, October 2.

Among 3 analysts covering ePlus (NASDAQ:PLUS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. ePlus had 15 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Friday, December 9 with “Hold”. The stock has “Buy” rating by Sidoti on Friday, February 9. Stifel Nicolaus downgraded the stock to “Hold” rating in Friday, October 30 report. The firm earned “Hold” rating on Thursday, August 3 by Stifel Nicolaus. The rating was maintained by Canaccord Genuity on Thursday, November 5 with “Buy”. As per Sunday, October 15, the company rating was maintained by Stifel Nicolaus. As per Friday, October 9, the company rating was downgraded by Sidoti. The stock of ePlus inc. (NASDAQ:PLUS) earned “Buy” rating by Canaccord Genuity on Tuesday, January 5. The firm has “Buy” rating by Sidoti given on Thursday, May 26. The rating was downgraded by Sidoti to “Neutral” on Monday, October 12.

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