Glg Lowered Its Stake in Intuitive Surgical (ISRG) by $384,560; Ccm Investment Advisers Position in Priceline Group (PCLN) Cut by $519,720

January 13, 2018 - By Adrian Mccoy

Glg Llc decreased its stake in Intuitive Surgical Inc (ISRG) by 8.5% based on its latest 2017Q3 regulatory filing with the SEC. Glg Llc sold 368 shares as the company’s stock rose 20.10% with the market. The hedge fund held 3,961 shares of the health care company at the end of 2017Q3, valued at $4.14M, down from 4,329 at the end of the previous reported quarter. Glg Llc who had been investing in Intuitive Surgical Inc for a number of months, seems to be less bullish one the $46.95B market cap company. The stock decreased 0.55% or $2.33 during the last trading session, reaching $419.04. About 932,782 shares traded or 1.87% up from the average. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 39.52% since January 13, 2017 and is uptrending. It has outperformed by 22.82% the S&P500.

Ccm Investment Advisers Llc decreased its stake in Priceline Group Inc. (PCLN) by 5.66% based on its latest 2017Q3 regulatory filing with the SEC. Ccm Investment Advisers Llc sold 284 shares as the company’s stock rose 10.44% with the market. The institutional investor held 4,731 shares of the business services company at the end of 2017Q3, valued at $8.66M, down from 5,015 at the end of the previous reported quarter. Ccm Investment Advisers Llc who had been investing in Priceline Group Inc. for a number of months, seems to be less bullish one the $93.61B market cap company. The stock increased 1.39% or $26.3 during the last trading session, reaching $1919.4. About 555,315 shares traded or 11.76% up from the average. The Priceline Group Inc. (NASDAQ:PCLN) has risen 44.63% since January 13, 2017 and is uptrending. It has outperformed by 27.93% the S&P500.

Among 34 analysts covering Priceline.com (NASDAQ:PCLN), 26 have Buy rating, 0 Sell and 8 Hold. Therefore 76% are positive. Priceline.com had 98 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of The Priceline Group Inc. (NASDAQ:PCLN) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 9. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, November 7 report. The stock of The Priceline Group Inc. (NASDAQ:PCLN) has “Buy” rating given on Thursday, November 10 by Stifel Nicolaus. On Tuesday, February 28 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating given on Friday, September 4 by Redburn. The stock has “Market Perform” rating by Wells Fargo on Tuesday, November 8. The stock has “Hold” rating by M Partners on Thursday, December 7. The firm has “Buy” rating given on Tuesday, August 25 by Piper Jaffray. On Wednesday, January 4 the stock rating was initiated by Needham with “Buy”. The rating was maintained by Jefferies on Friday, September 15 with “Buy”.

Since August 10, 2017, it had 0 insider buys, and 5 insider sales for $5.60 million activity. On Thursday, August 10 Docter Jan L sold $4.69 million worth of The Priceline Group Inc. (NASDAQ:PCLN) or 2,500 shares.

Analysts await The Priceline Group Inc. (NASDAQ:PCLN) to report earnings on February, 26. They expect $14.10 earnings per share, down 0.77% or $0.11 from last year’s $14.21 per share. PCLN’s profit will be $687.65 million for 34.03 P/E if the $14.10 EPS becomes a reality. After $35.22 actual earnings per share reported by The Priceline Group Inc. for the previous quarter, Wall Street now forecasts -59.97% negative EPS growth.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.03, from 1.06 in 2017Q2. It dived, as 66 investors sold PCLN shares while 320 reduced holdings. 93 funds opened positions while 306 raised stakes. 50.07 million shares or 10.39% more from 45.36 million shares in 2017Q2 were reported. Hillhouse Management has invested 3.4% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN). Moreover, Global has 0.92% invested in The Priceline Group Inc. (NASDAQ:PCLN) for 1.66M shares. Banque Pictet Cie reported 0.16% stake. Rafferty Asset Management Ltd Liability Co invested in 1,089 shares. Assetmark invested in 0% or 69 shares. 196,956 are held by Vontobel Asset Management Inc. Mufg Americas holds 103 shares or 0.01% of its portfolio. Tru Of Toledo Na Oh accumulated 545 shares or 0.25% of the stock. Moreover, Axa has 0.69% invested in The Priceline Group Inc. (NASDAQ:PCLN) for 88,088 shares. Halsey Associates Inc Ct has invested 2.47% of its portfolio in The Priceline Group Inc. (NASDAQ:PCLN). Zevenbergen Capital Invs Limited Liability Co has invested 0.69% in The Priceline Group Inc. (NASDAQ:PCLN). Moreover, Commerzbank Aktiengesellschaft Fi has 0.92% invested in The Priceline Group Inc. (NASDAQ:PCLN) for 38,004 shares. Oakbrook Invests Ltd Liability Co holds 0.04% in The Priceline Group Inc. (NASDAQ:PCLN) or 300 shares. Ftb Advsr Inc, a Tennessee-based fund reported 40 shares. Sumitomo Mitsui Tru Hldg reported 0.36% stake.

Analysts await Intuitive Surgical, Inc. (NASDAQ:ISRG) to report earnings on January, 23. They expect $1.91 earnings per share, up 7.91% or $0.14 from last year’s $1.77 per share. ISRG’s profit will be $214.01M for 54.85 P/E if the $1.91 EPS becomes a reality. After $2.55 actual earnings per share reported by Intuitive Surgical, Inc. for the previous quarter, Wall Street now forecasts -25.10% negative EPS growth.

Since August 22, 2017, it had 0 insider buys, and 13 insider sales for $25.42 million activity. 500 Intuitive Surgical, Inc. (NASDAQ:ISRG) shares with value of $491,450 were sold by MELTZER MARK J. On Tuesday, October 24 Samath Jamie sold $580,535 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) or 1,564 shares. The insider LEVY ALAN J sold 2,997 shares worth $1.11M. $2.86 million worth of stock was sold by BARRATT CRAIG H on Thursday, October 26. $996,010 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by Johnson Amal M. On Friday, September 1 Brogna Salvatore sold $900,708 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) or 899 shares.

Among 20 analysts covering Intuitive Surgical Inc (NASDAQ:ISRG), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. Intuitive Surgical Inc had 60 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Thursday, October 19 with “Hold”. The stock has “Buy” rating by Canaccord Genuity on Friday, May 26. The firm has “Buy” rating given on Wednesday, October 19 by Canaccord Genuity. The company was maintained on Friday, October 20 by Morgan Stanley. Vetr upgraded the shares of ISRG in report on Wednesday, September 2 to “Strong-Buy” rating. Barclays Capital maintained the stock with “Overweight” rating in Friday, October 20 report. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) earned “Hold” rating by Canaccord Genuity on Monday, July 10. The rating was maintained by BTIG Research on Tuesday, June 13 with “Hold”. Citigroup maintained the stock with “Buy” rating in Monday, October 23 report. The firm has “Outperform” rating by Wells Fargo given on Thursday, October 13.

Glg Llc, which manages about $4.34 billion and $1.54 billion US Long portfolio, upped its stake in M & T Bk Corp (NYSE:MTB) by 6,841 shares to 14,606 shares, valued at $2.35 million in 2017Q3, according to the filing. It also increased its holding in Cit Group Inc (NYSE:CIT) by 24,164 shares in the quarter, for a total of 33,996 shares, and has risen its stake in Netflix Inc (NASDAQ:NFLX).

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