Market News

Casa Systems, Inc. (CASA) Reaches $21.39 After 9.00% Up Move; Campbell & Company Investment Adviser Decreased Ingersoll (IR) Stake

Ingersoll-Rand Plc (NYSE:IR) Logo

Campbell & Company Investment Adviser Llc decreased Ingersoll (IR) stake by 56.53% reported in 2017Q4 SEC filing. Campbell & Company Investment Adviser Llc sold 9,352 shares as Ingersoll (IR)’s stock declined 5.31%. The Campbell & Company Investment Adviser Llc holds 7,190 shares with $641,000 value, down from 16,542 last quarter. Ingersoll now has $22.05B valuation. The stock increased 0.05% or $0.04 during the last trading session, reaching $88.92. About 207,150 shares traded. Ingersoll-Rand Plc (NYSE:IR) has risen 8.20% since May 16, 2017 and is uptrending. It has underperformed by 3.35% the S&P500.

The stock of Casa Systems, Inc. (NASDAQ:CASA) is a huge mover today! The stock increased 4.29% or $0.88 during the last trading session, reaching $21.39. About 369,901 shares traded. Casa Systems, Inc. (NASDAQ:CASA) has 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.The move comes after 7 months positive chart setup for the $1.75 billion company. It was reported on May, 16 by Barchart.com. We have $23.32 PT which if reached, will make NASDAQ:CASA worth $157.50M more.

More notable recent Casa Systems, Inc. (NASDAQ:CASA) news were published by: Nasdaq.com which released: “Why Casa Systems Shares Plunged Today” on May 11, 2018, also Nasdaq.com with their article: “Casa Systems Introduces New Apexâ„¢ PicoStrand Radio Access Network (RAN) Solution” published on May 10, 2018, Nasdaq.com published: “Casa Systems to Present at the JP Morgan Global Technology, Media, and Communications Conference” on May 10, 2018. More interesting news about Casa Systems, Inc. (NASDAQ:CASA) were released by: Nasdaq.com and their article: “Casa Systems Announces First Quarter 2018 Financial Results” published on May 10, 2018 as well as Nasdaq.com‘s news article titled: “Casa Systems Announces Pricing of Public Offering by Selling Stockholders” with publication date: April 25, 2018.

Analysts await Casa Systems, Inc. (NASDAQ:CASA) to report earnings on August, 9. CASA’s profit will be $18.82 million for 23.25 P/E if the $0.23 EPS becomes a reality. After $0.19 actual EPS reported by Casa Systems, Inc. for the previous quarter, Wall Street now forecasts 21.05% EPS growth.

Casa Systems, Inc. provides software-centric broadband products in North America, Latin America, Europe, the Middle East, Africa, and Asia-Pacific. The company has market cap of $1.75 billion. The firm offers converged cable access platform solutions that allow cable service providers to deliver voice, video, and data services over a single platform at multi-gigabit speeds. It has a 82.27 P/E ratio. It also provides solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks.

Investors sentiment decreased to 1.04 in Q4 2017. Its down 0.12, from 1.16 in 2017Q3. It fall, as 35 investors sold IR shares while 215 reduced holdings. 83 funds opened positions while 176 raised stakes. 194.79 million shares or 3.72% less from 202.31 million shares in 2017Q3 were reported. Verition Fund Management Limited Liability Corporation stated it has 0.15% of its portfolio in Ingersoll-Rand Plc (NYSE:IR). World Asset stated it has 22,055 shares. 175,165 were accumulated by Aperio Gru. Fuller & Thaler Asset holds 0% or 1,500 shares. Guardian Life Insur Com Of America stated it has 821 shares. Great Lakes Advsrs Ltd Co holds 0.09% or 46,582 shares. The Minnesota-based Minneapolis Mngmt Group Incorporated Llc has invested 2.17% in Ingersoll-Rand Plc (NYSE:IR). Macquarie Group Limited has invested 0.02% in Ingersoll-Rand Plc (NYSE:IR). Johnson Financial Gp stated it has 0% of its portfolio in Ingersoll-Rand Plc (NYSE:IR). Mackenzie Corporation owns 130,600 shares. Dixon Hubard Feinour & Brown Va has invested 0.19% in Ingersoll-Rand Plc (NYSE:IR). Kanawha Capital Mngmt Lc invested in 0.06% or 4,600 shares. 2,500 are owned by Capstone Investment Advisors Ltd Liability Corporation. 2,400 were accumulated by Nikko Asset Management Americas Inc. Holderness holds 0.37% in Ingersoll-Rand Plc (NYSE:IR) or 8,525 shares.

Among 23 analysts covering Ingersoll-Rand Plc (NYSE:IR), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Ingersoll-Rand Plc had 77 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained Ingersoll-Rand Plc (NYSE:IR) on Wednesday, January 3 with “Hold” rating. The firm has “Buy” rating given on Thursday, February 1 by BMO Capital Markets. The rating was maintained by Stifel Nicolaus on Wednesday, October 28 with “Buy”. The stock of Ingersoll-Rand Plc (NYSE:IR) earned “Hold” rating by RBC Capital Markets on Wednesday, January 31. The rating was maintained by Morgan Stanley with “Overweight” on Monday, September 25. As per Wednesday, July 13, the company rating was initiated by BMO Capital Markets. Jefferies maintained Ingersoll-Rand Plc (NYSE:IR) rating on Monday, September 11. Jefferies has “Buy” rating and $105.0 target. Jefferies maintained the stock with “Buy” rating in Thursday, July 13 report. The firm has “Buy” rating given on Thursday, January 21 by Citigroup. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, July 18.

Ingersoll-Rand Plc (NYSE:IR) Ratings Chart

Leave a Reply

Your email address will not be published. Required fields are marked *