Stock News

Pittenger & Anderson Has Lifted Idexx Labs (IDXX) Stake by $2.20 Million; Share Value Rose; Highland Capital Management LP Position in Intuit (INTU) Trimmed by $5.92 Million as Valuation Rose

Intuit Inc. (NASDAQ:INTU) Logo

Pittenger & Anderson Inc increased its stake in Idexx Labs Inc (IDXX) by 12810% based on its latest 2018Q1 regulatory filing with the SEC. Pittenger & Anderson Inc bought 11,529 shares as the company’s stock rose 9.46% while stock markets declined. The institutional investor held 11,619 shares of the health care company at the end of 2018Q1, valued at $2.22M, up from 90 at the end of the previous reported quarter. Pittenger & Anderson Inc who had been investing in Idexx Labs Inc for a number of months, seems to be bullish on the $19.61 billion market cap company. The stock increased 1.43% or $3.18 during the last trading session, reaching $225.76. About 101,581 shares traded. IDEXX Laboratories, Inc. (NASDAQ:IDXX) has risen 21.68% since June 14, 2017 and is uptrending. It has outperformed by 9.11% the S&P500.

James Dondero decreased its stake in Intuit (INTU) by 95% based on its latest 2018Q1 regulatory filing with the SEC. Highland Capital Management Lp sold 34,200 shares as the company’s stock rose 14.14% while stock markets declined. The hedge fund run by James Dondero held 1,800 shares of the prepackaged software company at the end of 2018Q1, valued at $312,000, down from 36,000 at the end of the previous reported quarter. Highland Capital Management Lp who had been investing in Intuit for a number of months, seems to be less bullish one the $53.62B market cap company. The stock increased 0.56% or $1.17 during the last trading session, reaching $208.96. About 314,966 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 42.45% since June 14, 2017 and is uptrending. It has outperformed by 29.88% the S&P500. Some Historical INTU News: 25/04/2018 – INTUIT REPORTS 6 PERCENT INCREASE IN TURBOTAX ONLINE UNITS: RAISES FULL-YEAR CONSUMER GROUP GUIDANCE RANGE; 31/05/2018 – QuickBooks Delivers Enhanced Payroll Services for Small Businesses; 22/05/2018 – INTUIT 3Q ADJ EPS $4.82, EST. $4.67; 17/05/2018 – SF Business Times: Exclusive: #HRtech company @glintinc adds @Intuit / $INTU exec as its first independent board member; 24/05/2018 – Cramer also hears from the CEOs of Indigo Agriculture and Intuit; 27/03/2018 – INTUIT SR UNSECURED RTG RAISED TO A3 FROM Baa1 BY MOODY’S; 30/04/2018 – QuickBooks Study Finds Small Businesses Confident on Automation and AI Opportunities; 25/04/2018 – Intuit Reports 6% Increase in TurboTax Online Units: Raises Full-Year Consumer Group Guidance Range; 12/04/2018 – LGT Capital Adds Intuit, Exits Public Storage, Cuts Akamai: 13F; 22/05/2018 – INTUIT INC QTRLY GAAP SHR $4.59

Among 11 analysts covering IDEXX Laboratories (NASDAQ:IDXX), 7 have Buy rating, 2 Sell and 2 Hold. Therefore 64% are positive. IDEXX Laboratories had 30 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Friday, February 2. The firm has “Buy” rating given on Tuesday, June 13 by Canaccord Genuity. The company was maintained on Monday, January 29 by Canaccord Genuity. The stock has “Buy” rating by Canaccord Genuity on Thursday, October 5. The rating was maintained by Canaccord Genuity on Thursday, July 23 with “Buy”. On Monday, May 7 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Stifel Nicolaus on Thursday, October 29 with “Buy”. The firm has “Buy” rating by Stifel Nicolaus given on Monday, October 23. The stock of IDEXX Laboratories, Inc. (NASDAQ:IDXX) earned “Outperform” rating by Credit Suisse on Thursday, February 4. The firm has “Outperform” rating by Credit Suisse given on Friday, June 1.

Pittenger & Anderson Inc, which manages about $1.04B and $1.14 billion US Long portfolio, decreased its stake in Csx Corp (NYSE:CSX) by 8,394 shares to 50,349 shares, valued at $2.81M in 2018Q1, according to the filing. It also reduced its holding in Wells Fargo Co New (NYSE:WFC) by 11,827 shares in the quarter, leaving it with 14,300 shares, and cut its stake in Procter And Gamble Co (NYSE:PG).

Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.05, from 0.81 in 2017Q4. It fall, as 37 investors sold IDXX shares while 232 reduced holdings. 83 funds opened positions while 122 raised stakes. 72.24 million shares or 0.16% more from 72.13 million shares in 2017Q4 were reported. Hartford Invest Mngmt holds 0.06% of its portfolio in IDEXX Laboratories, Inc. (NASDAQ:IDXX) for 16,569 shares. Obermeyer Wood Counsel Lllp accumulated 8,037 shares. 116 are owned by Fifth Third Bank. Alliancebernstein Lp holds 0.02% or 166,398 shares. Patten Group reported 0.39% in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Hemenway Trust Co Limited Com invested 0.34% of its portfolio in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Cibc World Markets accumulated 16,152 shares. United Kingdom-based Legal & General Grp Public Limited has invested 0.06% in IDEXX Laboratories, Inc. (NASDAQ:IDXX). King Luther Management Corporation reported 4,348 shares or 0.01% of all its holdings. Mitchell Mngmt reported 19,376 shares stake. Citadel Ltd Llc owns 79,495 shares. Caisse De Depot Et Placement Du Quebec has 0% invested in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Kornitzer Cap Mgmt Ks invested 0.06% of its portfolio in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Jennison Assocs owns 82,349 shares. Arizona State Retirement Sys, a Arizona-based fund reported 43,258 shares.

More news for IDEXX Laboratories, Inc. (NASDAQ:IDXX) were recently published by: Investorplace.com, which released: “The Top 20 Stocks of 2018” on June 12, 2018. Seekingalpha.com‘s article titled: “IDEXX: This Medical Equipment Stock Is Overvalued And Could Go Down As Much As 20%” and published on May 19, 2018 is yet another important article.

Since January 9, 2018, it had 2 buys, and 9 insider sales for $23.87 million activity. $8.96 million worth of IDEXX Laboratories, Inc. (NASDAQ:IDXX) shares were sold by AYERS JONATHAN W. Kingsley Lawrence D bought 1,000 shares worth $178,045. END WILLIAM T sold $737,939 worth of stock or 4,000 shares. TWIGGE GIOVANI had sold 1,626 shares worth $332,306. JUNIUS DANIEL M had sold 2,974 shares worth $565,232 on Wednesday, February 28. MCKEON BRIAN P also sold $1.20M worth of IDEXX Laboratories, Inc. (NASDAQ:IDXX) shares.

More notable recent Intuit Inc. (NASDAQ:INTU) news were published by: Fool.com which released: “4 Soaring SaaS Stocks — Are They Still Buys?” on June 12, 2018, also Nasdaq.com with their article: “2 Underrated Dividend Stocks” published on June 05, 2018, Benzinga.com published: “The Bull And Bear Cases For Intuit After A Q3 Beat” on May 23, 2018. More interesting news about Intuit Inc. (NASDAQ:INTU) were released by: Nasdaq.com and their article: “Intuit Inc. Stock Falls Despite Q3 Earnings Beat” published on May 23, 2018 as well as Fool.com‘s news article titled: “Intuit Inc. Management Talks TurboTax Live and Turbo” with publication date: June 08, 2018.

Highland Capital Management Lp, which manages about $15.04 billion and $1.94B US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 532,900 shares to 540,400 shares, valued at $28.14 million in 2018Q1, according to the filing. It also increased its holding in Parker Hannifin Corp (NYSE:PH) by 22,500 shares in the quarter, for a total of 65,510 shares, and has risen its stake in Pinnacle Foods Inc Del (NYSE:PF).

Investors sentiment decreased to 0.78 in 2018 Q1. Its down 0.12, from 0.9 in 2017Q4. It fall, as 31 investors sold INTU shares while 277 reduced holdings. 59 funds opened positions while 180 raised stakes. 219.45 million shares or 1.28% more from 216.67 million shares in 2017Q4 were reported. Hbk Investments LP invested in 3,600 shares. Alphaone Invest Serv Ltd Liability Corp holds 0.03% or 668 shares. Savant Limited invested in 0.04% or 1,208 shares. Carderock Capital Management, a Maryland-based fund reported 33,299 shares. Dimensional Fund Advisors Limited Partnership holds 0.04% or 620,691 shares in its portfolio. Motley Fool Asset Mgmt Llc invested in 2,400 shares or 0.06% of the stock. Raymond James Tru Na has 0.17% invested in Intuit Inc. (NASDAQ:INTU). M&T National Bank & Trust Corp reported 40,322 shares or 0.04% of all its holdings. Chilton Investment Llc holds 0.57% or 85,537 shares in its portfolio. Dnb Asset Mngmt As invested 0% in Intuit Inc. (NASDAQ:INTU). United Financial Advisers Ltd Liability Com accumulated 0.03% or 19,754 shares. Segall Bryant And Hamill Limited Liability Co owns 1,450 shares. Advantus Mgmt invested 0.11% of its portfolio in Intuit Inc. (NASDAQ:INTU). Mig Capital Ltd holds 1,346 shares or 0.04% of its portfolio. Ameritas Invest Prtn reported 9,722 shares.

Among 24 analysts covering Intuit (NASDAQ:INTU), 10 have Buy rating, 3 Sell and 11 Hold. Therefore 42% are positive. Intuit had 104 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, April 26 by JP Morgan. As per Wednesday, August 19, the company rating was upgraded by Deutsche Bank. The firm earned “Outperform” rating on Monday, March 12 by Credit Suisse. The stock of Intuit Inc. (NASDAQ:INTU) earned “Hold” rating by RBC Capital Markets on Thursday, February 22. The firm has “Buy” rating given on Monday, June 11 by Bank of America. The rating was downgraded by Morgan Stanley to “Underweight” on Tuesday, September 13. Jefferies maintained Intuit Inc. (NASDAQ:INTU) rating on Sunday, April 22. Jefferies has “Buy” rating and $22000 target. RBC Capital Markets downgraded Intuit Inc. (NASDAQ:INTU) rating on Tuesday, August 11. RBC Capital Markets has “Outperform” rating and $115 target. As per Tuesday, January 9, the company rating was maintained by Credit Suisse. As per Tuesday, May 22, the company rating was downgraded by First Analysis.

Since December 18, 2017, it had 0 insider buys, and 13 sales for $278.60 million activity. STANSBURY HENRY TAYLOE sold $770,466 worth of stock or 3,941 shares. On Tuesday, May 29 the insider Wernikoff Daniel A sold $44.32 million. Shares for $1.09M were sold by FLOURNOY MARK J.

Analysts await Intuit Inc. (NASDAQ:INTU) to report earnings on August, 28. They expect $-0.04 earnings per share, down 140.00% or $0.14 from last year’s $0.1 per share. After $4.56 actual earnings per share reported by Intuit Inc. for the previous quarter, Wall Street now forecasts -100.88% negative EPS growth.

IDEXX Laboratories, Inc. (NASDAQ:IDXX) Institutional Positions Chart

Leave a Reply

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