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As Intuit (INTU) Stock Price Rose, Winslow Capital Management Has Cut Its Holding by $20.71 Million; Ifc Holdings Has Cut Its Holding in Arista Networks (ANET) by $1.27 Million as Shares Rose

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Winslow Capital Management Llc decreased its stake in Intuit (INTU) by 8.26% based on its latest 2017Q4 regulatory filing with the SEC. Winslow Capital Management Llc sold 131,935 shares as the company’s stock rose 9.31% while stock markets declined. The institutional investor held 1.47M shares of the prepackaged software company at the end of 2017Q4, valued at $231.34 million, down from 1.60 million at the end of the previous reported quarter. Winslow Capital Management Llc who had been investing in Intuit for a number of months, seems to be less bullish one the $48.80 billion market cap company. The stock decreased 0.60% or $1.15 during the last trading session, reaching $190.54. About 1.84 million shares traded or 24.72% up from the average. Intuit Inc. (NASDAQ:INTU) has risen 46.26% since May 22, 2017 and is uptrending. It has outperformed by 34.71% the S&P500.

Ifc Holdings Incorporated decreased its stake in Arista Networks Inc (ANET) by 50.25% based on its latest 2017Q4 regulatory filing with the SEC. Ifc Holdings Incorporated sold 5,422 shares as the company’s stock rose 7.25% while stock markets declined. The institutional investor held 5,367 shares of the technology company at the end of 2017Q4, valued at $1.26M, down from 10,789 at the end of the previous reported quarter. Ifc Holdings Incorporated who had been investing in Arista Networks Inc for a number of months, seems to be less bullish one the $18.57B market cap company. The stock decreased 1.82% or $4.63 during the last trading session, reaching $249.62. About 797,347 shares traded. Arista Networks, Inc. (NYSE:ANET) has risen 91.94% since May 22, 2017 and is uptrending. It has outperformed by 80.39% the S&P500.

More notable recent Arista Networks, Inc. (NYSE:ANET) news were published by: Seekingalpha.com which released: “Arista: Is It A Rising Or Setting Sun?” on May 14, 2018, also Streetinsider.com with their article: “After-Hours Stock Movers 05/03: (CVGI) (VIAV) (SHAK) Higher; (FLR) (ANET) (TSRO) Lower (more…)” published on May 03, 2018, Seekingalpha.com published: “Arista Networks: The Time Has Come” on April 25, 2018. More interesting news about Arista Networks, Inc. (NYSE:ANET) were released by: Seekingalpha.com and their article: “Arista Networks -8.6% alongside dimming margins” published on May 03, 2018 as well as Seekingalpha.com‘s news article titled: “Arista Networks: Ignore The Noise” with publication date: May 07, 2018.

Ifc Holdings Incorporated, which manages about $3.29B and $1.45B US Long portfolio, upped its stake in Fedex Corp (NYSE:FDX) by 1,314 shares to 23,411 shares, valued at $5.82 million in 2017Q4, according to the filing. It also increased its holding in Home Depot Inc (NYSE:HD) by 3,760 shares in the quarter, for a total of 47,344 shares, and has risen its stake in Ishares Tr (IVV).

Analysts await Arista Networks, Inc. (NYSE:ANET) to report earnings on August, 2. They expect $1.48 earnings per share, up 34.55% or $0.38 from last year’s $1.1 per share. ANET’s profit will be $110.10M for 42.17 P/E if the $1.48 EPS becomes a reality. After $1.52 actual earnings per share reported by Arista Networks, Inc. for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.

Among 36 analysts covering Arista Networks (NYSE:ANET), 18 have Buy rating, 1 Sell and 17 Hold. Therefore 50% are positive. Arista Networks had 136 analyst reports since July 29, 2015 according to SRatingsIntel. JP Morgan initiated Arista Networks, Inc. (NYSE:ANET) on Wednesday, January 6 with “Neutral” rating. The firm earned “Buy” rating on Friday, March 9 by Citigroup. The firm earned “Hold” rating on Tuesday, November 14 by Wells Fargo. The stock has “Buy” rating by Argus Research on Tuesday, October 25. The stock of Arista Networks, Inc. (NYSE:ANET) earned “Neutral” rating by Credit Suisse on Friday, April 28. On Friday, February 16 the stock rating was downgraded by Gabelli to “Hold”. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Friday, May 4 report. Jefferies maintained the stock with “Hold” rating in Tuesday, October 3 report. Needham maintained Arista Networks, Inc. (NYSE:ANET) rating on Friday, February 17. Needham has “Buy” rating and $130 target. UBS maintained the stock with “Neutral” rating in Friday, August 5 report.

Among 24 analysts covering Intuit (NASDAQ:INTU), 10 have Buy rating, 2 Sell and 12 Hold. Therefore 42% are positive. Intuit had 98 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, March 12 by Credit Suisse. The stock of Intuit Inc. (NASDAQ:INTU) earned “Hold” rating by RBC Capital Markets on Wednesday, August 26. UBS maintained Intuit Inc. (NASDAQ:INTU) on Friday, February 23 with “Neutral” rating. JP Morgan maintained the stock with “Neutral” rating in Thursday, April 26 report. The firm has “Buy” rating given on Wednesday, November 4 by Deutsche Bank. The rating was maintained by Jefferies on Friday, September 18 with “Buy”. The stock of Intuit Inc. (NASDAQ:INTU) earned “Buy” rating by UBS on Wednesday, September 9. The company was maintained on Friday, February 23 by Oppenheimer. The stock has “Buy” rating by Bank of America on Wednesday, February 21. Deutsche Bank maintained the shares of INTU in report on Tuesday, January 9 with “Buy” rating.

Since December 18, 2017, it had 0 insider buys, and 7 insider sales for $190.37 million activity. Another trade for 9,666 shares valued at $1.66 million was sold by STANSBURY HENRY TAYLOE.

Investors sentiment decreased to 0.9 in Q4 2017. Its down 0.02, from 0.92 in 2017Q3. It dropped, as 48 investors sold INTU shares while 247 reduced holdings. 65 funds opened positions while 200 raised stakes. 216.67 million shares or 0.72% more from 215.12 million shares in 2017Q3 were reported. 113,100 were accumulated by Alta Mgmt Ltd Llc. Gulf Financial Bank (Uk) Limited reported 0.15% in Intuit Inc. (NASDAQ:INTU). Boston Private Wealth Limited Co invested in 5,765 shares. Timber Hill Lc owns 26,723 shares. Brown Brothers Harriman & reported 6,150 shares. Illinois-based First Midwest Retail Bank Tru Division has invested 0.12% in Intuit Inc. (NASDAQ:INTU). Counselors has invested 0.11% of its portfolio in Intuit Inc. (NASDAQ:INTU). Ontario Teachers Pension Plan Board accumulated 48,755 shares. Us Bank & Trust De reported 0.08% of its portfolio in Intuit Inc. (NASDAQ:INTU). Cape Cod Five Cents Bancshares owns 1,895 shares. Account Limited Company holds 26,064 shares. Ftb Advsr stated it has 450 shares or 0.01% of all its holdings. Moreover, Aviva Public Limited Company has 0.12% invested in Intuit Inc. (NASDAQ:INTU) for 135,489 shares. The New York-based Amalgamated National Bank & Trust has invested 0.14% in Intuit Inc. (NASDAQ:INTU). Hl Financial Ltd Limited Liability Company, a Kentucky-based fund reported 6,293 shares.

Winslow Capital Management Llc, which manages about $33.78 billion and $18.10B US Long portfolio, upped its stake in Northrop Grumman Corp (NYSE:NOC) by 123,528 shares to 775,351 shares, valued at $237.96M in 2017Q4, according to the filing. It also increased its holding in Expedia Inc (NASDAQ:EXPE) by 535,874 shares in the quarter, for a total of 3.09M shares, and has risen its stake in Biogen Inc (NASDAQ:BIIB).

More notable recent Intuit Inc. (NASDAQ:INTU) news were published by: Benzinga.com which released: “Earnings Scheduled For May 22, 2018” on May 22, 2018, also Benzinga.com with their article: “10 Stocks To Watch For May 22, 2018” published on May 22, 2018, Businesswire.com published: “Intuit Third Quarter Revenue Growth Tops 15 Percent; Company Raises Full-Year Guidance” on May 22, 2018. More interesting news about Intuit Inc. (NASDAQ:INTU) were released by: Benzinga.com and their article: “The Week Ahead: Target, Best Buy Help Close Out Earnings Season” published on May 21, 2018 as well as Nasdaq.com‘s news article titled: “Glint Welcomes Sherry Whiteley to Board of Directors” with publication date: May 17, 2018.

Intuit Inc. (NASDAQ:INTU) Institutional Positions Chart

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