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Union Bankshares Has Raised Its Medtronic Plc (MDT) Holding; Paccar Has 1.14 Sentiment

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Paccar Inc (PCAR) investors sentiment decreased to 1.14 in 2018 Q1. It’s down -0.26, from 1.4 in 2017Q4. The ratio dropped, as 231 active investment managers started new and increased equity positions, while 203 cut down and sold their stakes in Paccar Inc. The active investment managers in our database now have: 214.22 million shares, down from 214.70 million shares in 2017Q4. Also, the number of active investment managers holding Paccar Inc in top ten equity positions decreased from 6 to 5 for a decrease of 1. Sold All: 48 Reduced: 155 Increased: 162 New Position: 69.

Union Bankshares Corp increased Medtronic Plc (MDT) stake by 22.62% reported in 2018Q1 SEC filing. Union Bankshares Corp acquired 6,433 shares as Medtronic Plc (MDT)’s stock rose 4.71%. The Union Bankshares Corp holds 34,873 shares with $2.80M value, up from 28,440 last quarter. Medtronic Plc now has $116.64 billion valuation. The stock decreased 0.55% or $0.48 during the last trading session, reaching $86.13. About 4.33 million shares traded. Medtronic plc (NYSE:MDT) has risen 0.84% since June 21, 2017 and is uptrending. It has underperformed by 11.73% the S&P500. Some Historical MDT News: ; 07/05/2018 – Medtronic: Weinstein Led J.P. Morgan’s Healthcare Team in Equity Research; 11/05/2018 – MEDTRONIC STUDY CONFIRMS FEASIBILITY OF NEW EXTRAVASCULAR; 24/05/2018 – Medtronic: Current Forex Rates Would Cut FY19 Rev by $50M-$150M; 30/04/2018 – MEDTRONIC REPORTS FDA APPROVAL OF INFUSE(TM) BONE GRAFT IN NEW; 12/03/2018 – Medtronic Receives FDA Approval for Guardian Connect Continuous Glucose Monitoring (CGM) System for People Living with Diabetes; 12/03/2018 – MEDTRONIC GETS FDA APPROVAL FOR CGM SYSTEM; 24/05/2018 – MEDTRONIC PLC MDT.N SEES FY 2019 NON-GAAP SHR $5.10 TO $5.15; 16/05/2018 – MEDTRONIC RECEIVED IDE APPROVAL FROM FDA TO RESOLUTE ONYX DES; 22/03/2018 – Global Transcatheter Aortic Valve lmplantation (TAVI) Market Analysis & Outlook 2018-2022 with Profiles of Abbott Laboratories, Boston Scientific, Edwards Lifesciences & Medtronic – ResearchAndMarkets; 17/04/2018 – MEDTRONIC EXPANDS FOCUS ON INTERVENTIONAL ONCOLOGY W/ U.S

Since January 1, 0001, it had 2 insider buys, and 3 insider sales for $2.09 million activity.

PACCAR Inc, together with its subsidiaries, designs, makes, and distributes light, medium, and heavy-duty commercial trucks worldwide. The company has market cap of $21.99 billion. It operates in three divisions: Truck, Parts, and Financial Services. It has a 11.75 P/E ratio. The Truck segment offers trucks that are used for the over-the-road and off-highway hauling of commercial and consumer goods.

Analysts await PACCAR Inc (NASDAQ:PCAR) to report earnings on July, 24. They expect $1.43 earnings per share, up 34.91% or $0.37 from last year’s $1.06 per share. PCAR’s profit will be $503.10M for 10.93 P/E if the $1.43 EPS becomes a reality. After $1.45 actual earnings per share reported by PACCAR Inc for the previous quarter, Wall Street now forecasts -1.38% negative EPS growth.

Ratings analysis reveals 43% of PACCAR’s analysts are positive. Out of 7 Wall Street analysts rating PACCAR, 3 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $62.0 while the high is $85.0. The stock’s average target of $71.25 is 13.98% above today’s ($62.51) share price. PCAR was included in 7 notes of analysts from September 7, 2016. The firm has “Neutral” rating given on Thursday, January 19 by Longbow. RBC Capital Markets upgraded the shares of PCAR in report on Friday, January 13 to “Outperform” rating. The firm earned “Outperform” rating on Friday, September 30 by CLSA. BMO Capital Markets upgraded it to “Outperform” rating and $85.0 target in Friday, January 13 report. Deutsche Bank initiated PACCAR Inc (NASDAQ:PCAR) rating on Wednesday, September 7. Deutsche Bank has “Hold” rating and $63.0 target. The stock of PACCAR Inc (NASDAQ:PCAR) has “Neutral” rating given on Friday, December 9 by JP Morgan. The firm has “Neutral” rating given on Tuesday, January 3 by Robert W. Baird.

Another recent and important PACCAR Inc (NASDAQ:PCAR) news was published by Benzinga.com which published an article titled: “Macquarie Finds Plenty Of Reasons To Like Paccar” on June 05, 2018.

Washington Trust Bank holds 17.11% of its portfolio in PACCAR Inc for 1.80 million shares. Thompson Rubinstein Investment Management Inc Or owns 282,971 shares or 6.37% of their US portfolio. Moreover, First Washington Corp has 5.49% invested in the company for 159,928 shares. The California-based Wilsey Asset Management Inc has invested 5.34% in the stock. Goldentree Asset Management Lp, a New York-based fund reported 322,035 shares.

The stock decreased 0.38% or $0.24 during the last trading session, reaching $62.51. About 1.56M shares traded. PACCAR Inc (PCAR) has risen 6.67% since June 21, 2017 and is uptrending. It has underperformed by 5.90% the S&P500. Some Historical PCAR News: ; 24/04/2018 – Paccar 1Q Cash Generated From Operations $528.5M; 24/04/2018 – Paccar 1Q EPS $1.45; 24/04/2018 – PACCAR – IN 2018, CAPEX OF $425-$475 MLN AND RESEARCH AND DEVELOPMENT EXPENSES OF $300-$320 MLN TARGETED FOR NEW TRUCK MODELS, OTHERS; 24/04/2018 – Paccar 1Q Rev $5.65B; 01/05/2018 – Paccar Raises Dividend to 28c Vs. 25c; 19/04/2018 – Moody’s Affirms A1 Long-term Rating Of Paccar’s Supported Subsidiaries; Outlook Is Stable; 24/04/2018 – PACCAR INCREASED EST OF YR CLASS 8 TRUCK INDUSTRY RETAIL SALES; 19/04/2018 Paccar Closes Below 200-Day Moving Average: Technicals; 07/05/2018 – NEW DEAL: PACCAR Financial $550m 3Y +60-65, 3Y L equiv; 24/04/2018 – PACCAR INC – “TRUCK MARKET REFLECTS STRONG ECONOMY AND EXCELLENT FREIGHT DEMAND”

Investors sentiment increased to 1.08 in Q1 2018. Its up 0.06, from 1.02 in 2017Q4. It increased, as 80 investors sold MDT shares while 383 reduced holdings. 88 funds opened positions while 414 raised stakes. 1.04 billion shares or 0.00% more from 1.04 billion shares in 2017Q4 were reported. Pennsylvania-based Tower Bridge has invested 0% in Medtronic plc (NYSE:MDT). 9,647 were accumulated by Yhb Invest Advsr. Lombard Odier Asset Mngmt (Switzerland) Sa has invested 0.08% of its portfolio in Medtronic plc (NYSE:MDT). Heritage Investors Corp reported 63,081 shares. Quadrant reported 33,450 shares stake. Eqis Capital Mngmt Inc reported 0.11% in Medtronic plc (NYSE:MDT). Grantham Mayo Van Otterloo Ltd Liability Co invested in 2.18% or 4.45M shares. Ckw Fincl Gru stated it has 0.02% in Medtronic plc (NYSE:MDT). Epoch Investment accumulated 220,371 shares. Motley Fool Wealth Lc invested in 182,944 shares. Moreover, Cambridge Advsrs has 0.29% invested in Medtronic plc (NYSE:MDT) for 9,974 shares. 2.48 million were accumulated by Utd Automobile Association. Peoples Financial Services reported 0.25% in Medtronic plc (NYSE:MDT). Telos Mgmt Inc reported 65,304 shares or 1.86% of all its holdings. Park Avenue Securities Ltd Company stated it has 7,834 shares.

Among 30 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 11 Hold. Therefore 63% are positive. Medtronic had 89 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, August 22 by BMO Capital Markets. The stock of Medtronic plc (NYSE:MDT) has “Hold” rating given on Tuesday, August 22 by BTIG Research. The company was maintained on Tuesday, November 21 by Needham. BMO Capital Markets maintained Medtronic plc (NYSE:MDT) on Wednesday, November 23 with “Outperform” rating. The stock of Medtronic plc (NYSE:MDT) has “Outperform” rating given on Thursday, July 6 by William Blair. The firm has “Buy” rating by Jefferies given on Friday, August 26. Stifel Nicolaus maintained Medtronic plc (NYSE:MDT) on Tuesday, August 22 with “Hold” rating. Wells Fargo downgraded the stock to “Market Perform” rating in Monday, October 9 report. The rating was maintained by Jefferies with “Hold” on Friday, September 4. On Tuesday, September 22 the stock rating was initiated by UBS with “Buy”.

PACCAR Inc (NASDAQ:PCAR) Institutional Positions Chart

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