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King Luther Capital Management Trimmed Its Fortinet (FTNT) Position by $538,145; Shares Rose; Walt Disney Co (DIS) Position Maintained by North Star Asset Management Inc

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King Luther Capital Management Corp decreased its stake in Fortinet Inc (FTNT) by 43.26% based on its latest 2017Q4 regulatory filing with the SEC. King Luther Capital Management Corp sold 12,515 shares as the company’s stock rose 21.43% while stock markets declined. The institutional investor held 16,412 shares of the technology company at the end of 2017Q4, valued at $717,000, down from 28,927 at the end of the previous reported quarter. King Luther Capital Management Corp who had been investing in Fortinet Inc for a number of months, seems to be less bullish one the $9.80B market cap company. The stock decreased 0.55% or $0.32 during the last trading session, reaching $58.29. About 1.26M shares traded. Fortinet, Inc. (NASDAQ:FTNT) has risen 46.75% since May 18, 2017 and is uptrending. It has outperformed by 35.20% the S&P500.

North Star Asset Management Inc increased its stake in Walt Disney Co (DIS) by 135.39% based on its latest 2017Q4 regulatory filing with the SEC. North Star Asset Management Inc bought 45,463 shares as the company’s stock declined 8.57% with the market. The institutional investor held 79,042 shares of the television services company at the end of 2017Q4, valued at $8.50 million, up from 33,579 at the end of the previous reported quarter. North Star Asset Management Inc who had been investing in Walt Disney Co for a number of months, seems to be bullish on the $155.52B market cap company. The stock decreased 0.67% or $0.7 during the last trading session, reaching $104.34. About 7.32 million shares traded. The Walt Disney Company (NYSE:DIS) has declined 11.59% since May 18, 2017 and is downtrending. It has underperformed by 23.14% the S&P500.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 24 have Buy rating, 1 Sell and 14 Hold. Therefore 62% are positive. The Walt Disney Company had 156 analyst reports since July 24, 2015 according to SRatingsIntel. As per Tuesday, January 26, the company rating was downgraded by Atlantic Securities. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, August 14 report. Jefferies downgraded the stock to “Hold” rating in Wednesday, August 5 report. The firm has “Buy” rating given on Monday, July 24 by Credit Suisse. On Thursday, July 13 the stock rating was maintained by BMO Capital Markets with “Sell”. Credit Suisse maintained the stock with “Outperform” rating in Thursday, May 12 report. The firm has “Outperform” rating given on Tuesday, September 5 by Wells Fargo. Topeka Capital Markets upgraded The Walt Disney Company (NYSE:DIS) on Friday, July 24 to “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $13000 target in Monday, August 14 report. The stock has “Buy” rating by RBC Capital Markets on Thursday, July 13.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.01, from 0.89 in 2017Q3. It improved, as 58 investors sold DIS shares while 690 reduced holdings. 162 funds opened positions while 508 raised stakes. 896.07 million shares or 0.31% less from 898.84 million shares in 2017Q3 were reported. Glenmede Tru Na accumulated 367,518 shares. 85 are held by America First Invest. Dynamic Mgmt reported 6,334 shares stake. Mckinley Carter Wealth stated it has 0.63% in The Walt Disney Company (NYSE:DIS). Segall Bryant Hamill Ltd Com has invested 0.41% in The Walt Disney Company (NYSE:DIS). Primecap Ca has 0.4% invested in The Walt Disney Company (NYSE:DIS) for 4.82 million shares. Kings Point Management owns 1.86% invested in The Walt Disney Company (NYSE:DIS) for 82,548 shares. Twin Management Inc stated it has 189,850 shares or 1% of all its holdings. Hl Fincl Svcs Lc has invested 3.47% in The Walt Disney Company (NYSE:DIS). Cls Invs Limited Liability holds 0% of its portfolio in The Walt Disney Company (NYSE:DIS) for 83 shares. Pictet Cie (Europe) Sa accumulated 150,663 shares. Founders Cap Mgmt Limited Liability, a Connecticut-based fund reported 73,188 shares. Capital Interest Sarl invested in 0.25% or 25,300 shares. Ww Asset holds 0.49% or 136,621 shares. Odey Asset Mngmt Gru Ltd has invested 0.05% in The Walt Disney Company (NYSE:DIS).

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Seekingalpha.com which released: “Big opening for ‘Infinity War’ in China” on May 14, 2018, also Seekingalpha.com with their article: “Twitter: Oh, There Is Growth Potential Alright!” published on May 17, 2018, 247Wallst.com published: “Disney Earnings: What to Watch For” on May 08, 2018. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: 247Wallst.com and their article: “Disney, Groupon, Nvidia and More Major Earnings Coming This Week” published on May 06, 2018 as well as Bizjournals.com‘s news article titled: “We’re No. 1: Orlando hits record 72 million visitors in 2017” with publication date: May 10, 2018.

North Star Asset Management Inc, which manages about $1.15B and $1.11B US Long portfolio, decreased its stake in Pfizer Incorporated (NYSE:PFE) by 28,183 shares to 218,788 shares, valued at $7.92 million in 2017Q4, according to the filing. It also reduced its holding in United Healthcare (NYSE:UNH) by 9,362 shares in the quarter, leaving it with 1,795 shares, and cut its stake in Vanguard Ftse Wld Ex Us Etf (VEU).

Since February 26, 2018, it had 0 insider purchases, and 1 sale for $194,780 activity.

King Luther Capital Management Corp, which manages about $16.93B and $12.23 billion US Long portfolio, upped its stake in Mesa Labs Inc (NASDAQ:MLAB) by 17,880 shares to 48,371 shares, valued at $6.01M in 2017Q4, according to the filing. It also increased its holding in Charter Communications Inc N by 6,137 shares in the quarter, for a total of 7,136 shares, and has risen its stake in Sysco Corp (NYSE:SYY).

Among 36 analysts covering Fortinet Inc. (NASDAQ:FTNT), 21 have Buy rating, 1 Sell and 14 Hold. Therefore 58% are positive. Fortinet Inc. had 129 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Buy” on Thursday, October 26. The firm earned “Hold” rating on Friday, January 26 by Raymond James. The firm has “Buy” rating by Northland Capital given on Thursday, June 29. The company was maintained on Tuesday, February 6 by Morgan Stanley. UBS maintained Fortinet, Inc. (NASDAQ:FTNT) rating on Friday, October 23. UBS has “Buy” rating and $50 target. Robert W. Baird maintained Fortinet, Inc. (NASDAQ:FTNT) rating on Thursday, July 27. Robert W. Baird has “Buy” rating and $5000 target. The stock has “Buy” rating by Nomura on Wednesday, October 12. The company was maintained on Friday, October 27 by UBS. Topeka Capital Markets maintained it with “Hold” rating and $35 target in Friday, January 29 report. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Wednesday, October 12 report.

Analysts await Fortinet, Inc. (NASDAQ:FTNT) to report earnings on July, 25. They expect $0.18 earnings per share, up 28.57% or $0.04 from last year’s $0.14 per share. FTNT’s profit will be $30.26M for 80.96 P/E if the $0.18 EPS becomes a reality. After $0.17 actual earnings per share reported by Fortinet, Inc. for the previous quarter, Wall Street now forecasts 5.88% EPS growth.

More notable recent Fortinet, Inc. (NASDAQ:FTNT) news were published by: Investorplace.com which released: “3 Cybersecurity Stocks That Could Roar Higher” on May 10, 2018, also Streetinsider.com with their article: “Starboard’s 13F Shows New Stake in Newell Rubbermaid (NWL), Increase in Forest City (FCE-A), Macerich (MAC …” published on May 15, 2018, Globenewswire.com published: “Fortinet Reports First Quarter 2018 Financial Results” on May 03, 2018. More interesting news about Fortinet, Inc. (NASDAQ:FTNT) were released by: Seekingalpha.com and their article: “Fortinet, Inc. 2018 Q1 – Results – Earnings Call Slides” published on May 04, 2018 as well as Investorplace.com‘s news article titled: “25 Unstoppable Stocks to Buy No Matter What” with publication date: May 16, 2018.

The Walt Disney Company (NYSE:DIS) Institutional Positions Chart

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