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Andra Ap-Fonden Has Trimmed Its Cadence Design System (CDNS) Holding as Stock Price Declined; Zurcher Kantonalbank Zurich Cantonalbank Continues to Hold Position in Ingersoll (IR)

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Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Ingersoll (IR) by 9.88% based on its latest 2017Q4 regulatory filing with the SEC. Zurcher Kantonalbank Zurich Cantonalbank bought 6,983 shares as the company’s stock declined 5.31% with the market. The institutional investor held 77,645 shares of the o.e.m. company at the end of 2017Q4, valued at $6.93 million, up from 70,662 at the end of the previous reported quarter. Zurcher Kantonalbank Zurich Cantonalbank who had been investing in Ingersoll for a number of months, seems to be bullish on the $21.95 billion market cap company. The stock decreased 0.43% or $0.38 during the last trading session, reaching $88.5. About 1.51 million shares traded. Ingersoll-Rand Plc (NYSE:IR) has risen 8.20% since May 17, 2017 and is uptrending. It has underperformed by 3.35% the S&P500.

Andra Ap-Fonden decreased its stake in Cadence Design System Inc (CDNS) by 15.59% based on its latest 2017Q4 regulatory filing with the SEC. Andra Ap-Fonden sold 19,600 shares as the company’s stock declined 13.87% with the market. The institutional investor held 106,100 shares of the technology company at the end of 2017Q4, valued at $4.44 million, down from 125,700 at the end of the previous reported quarter. Andra Ap-Fonden who had been investing in Cadence Design System Inc for a number of months, seems to be less bullish one the $11.62 billion market cap company. The stock decreased 0.12% or $0.05 during the last trading session, reaching $41.03. About 1.98M shares traded. Cadence Design Systems, Inc. (NASDAQ:CDNS) has risen 14.90% since May 17, 2017 and is uptrending. It has outperformed by 3.35% the S&P500.

Investors sentiment increased to 1.59 in 2017 Q4. Its up 0.23, from 1.36 in 2017Q3. It improved, as 18 investors sold CDNS shares while 111 reduced holdings. 72 funds opened positions while 133 raised stakes. 235.53 million shares or 0.57% more from 234.20 million shares in 2017Q3 were reported. Axa reported 2.13M shares. Eaton Vance Mgmt holds 0.05% or 518,734 shares. Greenleaf owns 9,079 shares or 0.01% of their US portfolio. State Street Corporation holds 11.64M shares or 0.04% of its portfolio. Royal Comml Bank Of Canada owns 0.04% invested in Cadence Design Systems, Inc. (NASDAQ:CDNS) for 1.96M shares. Glenmede Trust Na has 91,460 shares. Connor Clark Lunn Invest Limited has 0% invested in Cadence Design Systems, Inc. (NASDAQ:CDNS) for 11,950 shares. California Public Employees Retirement Sys holds 0.04% of its portfolio in Cadence Design Systems, Inc. (NASDAQ:CDNS) for 648,730 shares. Magnetar accumulated 46,580 shares or 0.05% of the stock. Acadian Asset Mngmt Ltd Liability Corporation reported 0.36% stake. Ubs Asset Mgmt Americas Inc has invested 0.04% in Cadence Design Systems, Inc. (NASDAQ:CDNS). Geode Mgmt holds 3.89 million shares or 0.06% of its portfolio. Koch Industries stated it has 0.15% in Cadence Design Systems, Inc. (NASDAQ:CDNS). First Quadrant Lp Ca holds 0.6% or 761,673 shares. Hsbc Public Limited owns 240,409 shares for 0.01% of their portfolio.

Since December 11, 2017, it had 0 buys, and 12 selling transactions for $14.77 million activity. The insider TAN LIP BU sold $1.12M. Another trade for 750 shares valued at $32,768 was sold by WALL JOHN M. ZAMAN ANEEL sold 43,733 shares worth $1.75M. Shares for $2.25 million were sold by SHOVEN JOHN B on Monday, January 8.

Analysts await Cadence Design Systems, Inc. (NASDAQ:CDNS) to report earnings on July, 23. They expect $0.23 earnings per share, down 8.00% or $0.02 from last year’s $0.25 per share. CDNS’s profit will be $65.14 million for 44.60 P/E if the $0.23 EPS becomes a reality. After $0.26 actual earnings per share reported by Cadence Design Systems, Inc. for the previous quarter, Wall Street now forecasts -11.54% negative EPS growth.

Another recent and important Cadence Design Systems, Inc. (NASDAQ:CDNS) news was published by Investorplace.com which published an article titled: “6 Best-Ranked Liquid Stocks for Impressive Returns” on May 16, 2018.

Andra Ap-Fonden, which manages about $4.40B US Long portfolio, upped its stake in Cit Group Inc (NYSE:CIT) by 20,300 shares to 59,600 shares, valued at $2.93 million in 2017Q4, according to the filing. It also increased its holding in Regeneron Pharmaceuticals (NASDAQ:REGN) by 3,200 shares in the quarter, for a total of 5,400 shares, and has risen its stake in Via (NASDAQ:VIAB).

Among 10 analysts covering Cadence Design Systems Inc (NASDAQ:CDNS), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Cadence Design Systems Inc had 29 analyst reports since July 29, 2015 according to SRatingsIntel. DA Davidson downgraded the stock to “Neutral” rating in Wednesday, April 6 report. The rating was maintained by Credit Suisse with “Hold” on Thursday, February 1. JP Morgan maintained the shares of CDNS in report on Tuesday, April 24 with “Underweight” rating. The stock has “Hold” rating by Needham on Friday, October 27. The rating was maintained by RBC Capital Markets with “Buy” on Friday, May 26. The company was maintained on Thursday, August 31 by RBC Capital Markets. The company was maintained on Tuesday, October 27 by Northland Capital. The stock of Cadence Design Systems, Inc. (NASDAQ:CDNS) earned “Outperform” rating by RBC Capital Markets on Thursday, February 9. The firm has “Outperform” rating by Northland Capital given on Thursday, November 19. The stock has “Buy” rating by Needham on Tuesday, April 24.

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. The stock of Ingersoll-Rand Plc (NYSE:IR) earned “Hold” rating by J.P. Morgan on Wednesday, September 20. Stifel Nicolaus maintained Ingersoll-Rand Plc (NYSE:IR) rating on Tuesday, April 3. Stifel Nicolaus has “Buy” rating and $9400 target. The firm has “Equal-Weight” rating given on Friday, October 27 by Morgan Stanley. The rating was maintained by RBC Capital Markets on Monday, February 26 with “Hold”. The stock of Ingersoll-Rand Plc (NYSE:IR) earned “Hold” rating by RBC Capital Markets on Wednesday, January 31. Argus Research maintained the stock with “Buy” rating in Monday, August 3 report. The company was maintained on Monday, July 10 by RBC Capital Markets. As per Friday, December 8, the company rating was upgraded by Goldman Sachs. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with “Sector Perform”. Stifel Nicolaus maintained it with “Buy” rating and $103.0 target in Monday, September 11 report.

Zurcher Kantonalbank Zurich Cantonalbank, which manages about $11.25B US Long portfolio, decreased its stake in Universal Hlth Svcs Inc (NYSE:UHS) by 14,012 shares to 73,840 shares, valued at $8.37M in 2017Q4, according to the filing. It also reduced its holding in Ameriprise Finl Inc (NYSE:AMP) by 2,241 shares in the quarter, leaving it with 41,138 shares, and cut its stake in Equifax Inc (NYSE:EFX).

Investors sentiment decreased to 1.04 in 2017 Q4. Its down 0.12, from 1.16 in 2017Q3. It worsened, 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. Nuveen Asset Llc invested in 0.11% or 196,990 shares. Etrade Limited Liability Company accumulated 0.12% or 40,425 shares. Boyd Watterson Asset Mngmt Ltd Limited Liability Company Oh holds 0.21% in Ingersoll-Rand Plc (NYSE:IR) or 4,978 shares. British Columbia Inv Mgmt Corp accumulated 445,262 shares. Exxonmobil Investment Mgmt Tx holds 0.1% in Ingersoll-Rand Plc (NYSE:IR) or 39,730 shares. 200 were reported by Riggs Asset Managment Comm. Hennessy Advisors Inc holds 0.01% of its portfolio in Ingersoll-Rand Plc (NYSE:IR) for 4,750 shares. Gamco Invsts Inc Et Al holds 0% or 6,550 shares. Tower Bridge Advisors holds 0.03% of its portfolio in Ingersoll-Rand Plc (NYSE:IR) for 3,275 shares. Neuberger Berman Grp Ltd Liability Co holds 119,811 shares. America First Advisors Limited holds 0% or 10 shares in its portfolio. Moreover, Tiaa Cref Invest Management Limited Liability Company has 0.17% invested in Ingersoll-Rand Plc (NYSE:IR) for 2.81M shares. Northstar Group Incorporated owns 3,515 shares or 0.16% of their US portfolio. The North Dakota-based Viking Fund Mngmt Limited Liability Corp has invested 0.09% in Ingersoll-Rand Plc (NYSE:IR). Rhode Island-based Coastline Trust Com has invested 0.17% in Ingersoll-Rand Plc (NYSE:IR).

Another recent and important Ingersoll-Rand Plc (NYSE:IR) news was published by Seekingalpha.com which published an article titled: “Ingersoll-Rand Plc (IR) Q1 2018 Results – Earnings Call Transcript” on April 25, 2018.

Cadence Design Systems, Inc. (NASDAQ:CDNS) Institutional Positions Chart

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