Boenning & Scattergood Keeps “Hold” Rating for Fulton Financial (FULT) Stock; Sands Capital Management Lowered Its Medidata Solutions (MDSO) Position

April 18, 2018 - By whatsonthorold

Medidata Solutions, Inc. (NASDAQ:MDSO) Logo

Sands Capital Management Llc decreased Medidata Solutions Inc (MDSO) stake by 1.76% reported in 2017Q4 SEC filing. Sands Capital Management Llc sold 63,630 shares as Medidata Solutions Inc (MDSO)’s stock declined 3.23%. The Sands Capital Management Llc holds 3.55 million shares with $225.23 million value, down from 3.62M last quarter. Medidata Solutions Inc now has $4.06B valuation. The stock increased 2.65% or $1.79 during the last trading session, reaching $69.25. About 666,505 shares traded or 10.46% up from the average. Medidata Solutions, Inc. (NASDAQ:MDSO) has risen 13.38% since April 18, 2017 and is uptrending. It has outperformed by 1.83% the S&P500.

In a research note shared with investors and clients on 18 April, Fulton Financial Corp (NASDAQ:FULT) stock had its “Hold” Rating reaffirmed by professional analysts at Boenning & Scattergood.

Investors sentiment increased to 1.28 in 2017 Q4. Its up 0.23, from 1.05 in 2017Q3. It is positive, as 14 investors sold Fulton Financial Corporation shares while 61 reduced holdings. 30 funds opened positions while 66 raised stakes. 107.43 million shares or 1.39% less from 108.94 million shares in 2017Q3 were reported. Alliancebernstein Limited Partnership stated it has 0.06% of its portfolio in Fulton Financial Corporation (NASDAQ:FULT). New Mexico Educational Retirement Board reported 0.03% stake. Gardner Russo And Gardner Ltd Limited Liability Company has 116,822 shares. Smithfield Comm stated it has 395 shares or 0% of all its holdings. Highlander Management Lc reported 1,966 shares or 0.03% of all its holdings. Tower Research Limited Liability Co (Trc) holds 0% of its portfolio in Fulton Financial Corporation (NASDAQ:FULT) for 531 shares. California Public Employees Retirement System invested in 614,297 shares. Schwab Charles Investment Mgmt owns 1.19M shares or 0.02% of their US portfolio. Riverhead Capital Ltd Liability Company has 0.01% invested in Fulton Financial Corporation (NASDAQ:FULT). Swiss Bancshares stated it has 298,000 shares or 0.01% of all its holdings. Brookstone Capital Mngmt stated it has 0.05% of its portfolio in Fulton Financial Corporation (NASDAQ:FULT). Ls Advsr Limited Liability Company owns 11,530 shares for 0.01% of their portfolio. California State Teachers Retirement Systems stated it has 0.01% of its portfolio in Fulton Financial Corporation (NASDAQ:FULT). Assetmark reported 12,050 shares. 220,500 were reported by Logan Capital Mgmt.

The stock decreased 0.85% or $0.15 during the last trading session, reaching $17.5. About 754,031 shares traded. Fulton Financial Corporation (NASDAQ:FULT) has risen 1.59% since April 18, 2017 and is uptrending. It has underperformed by 9.96% the S&P500.

Fulton Financial Corporation operates as a multi-bank financial holding firm that provides banking and financial services to businesses and consumers. The company has market cap of $3.07 billion. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. It has a 17.86 P/E ratio. The firm also offers consumer loans, including home equity loans and lines of credit, automobile loans, automobile and equipment leases, personal lines of credit, and checking account overdraft protection; fixed, variable, and adjustable-rate products, such as construction and jumbo loans; and residential mortgages, as well as commercial lending products comprising commercial, financial, agricultural, and real estate loans.

Among 13 analysts covering Fulton Financial Corp. (NASDAQ:FULT), 0 have Buy rating, 1 Sell and 12 Hold. Therefore 0 are positive. Fulton Financial Corp. has $2000 highest and $11 lowest target. $17.35’s average target is -0.86% below currents $17.5 stock price. Fulton Financial Corp. had 32 analyst reports since July 24, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Hold” rating and $18.0 target in Monday, September 25 report. On Friday, June 23 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Boenning & Scattergood maintained Fulton Financial Corporation (NASDAQ:FULT) on Wednesday, July 19 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods on Thursday, October 22 with “Market Perform”. FBR Capital maintained the stock with “Mkt Perform” rating in Thursday, October 20 report. The stock of Fulton Financial Corporation (NASDAQ:FULT) earned “Outperform” rating by Boenning & Scattergood on Wednesday, October 21. As per Wednesday, November 18, the company rating was initiated by JP Morgan. Keefe Bruyette & Woods maintained the shares of FULT in report on Wednesday, October 18 with “Hold” rating. On Monday, September 12 the stock rating was initiated by Hovde Group with “Outperform”. The stock has “Hold” rating by Jefferies on Friday, September 15.

Investors sentiment increased to 1.71 in 2017 Q4. Its up 0.48, from 1.23 in 2017Q3. It increased, as 22 investors sold MDSO shares while 61 reduced holdings. 49 funds opened positions while 93 raised stakes. 61.06 million shares or 2.97% more from 59.30 million shares in 2017Q3 were reported. Clearbridge has invested 0.13% in Medidata Solutions, Inc. (NASDAQ:MDSO). Texas Permanent School Fund has invested 0.03% in Medidata Solutions, Inc. (NASDAQ:MDSO). Arcadia Inv Management Corporation Mi holds 63,803 shares. Piermont Capital Inc reported 5,780 shares. Stevens Mgmt Lp has invested 0.07% in Medidata Solutions, Inc. (NASDAQ:MDSO). Financial Bank Of New York Mellon reported 1.39 million shares. Carnegie Capital Asset Lc holds 16,840 shares. Public Employees Retirement Of Ohio has invested 0.04% in Medidata Solutions, Inc. (NASDAQ:MDSO). 21 were accumulated by Contravisory Inv Mgmt Inc. Price T Rowe Associate Inc Md has 120,748 shares for 0% of their portfolio. Liberty Mutual Group Asset Mngmt has 0.03% invested in Medidata Solutions, Inc. (NASDAQ:MDSO). Neuberger Berman Gru Limited Com holds 10,762 shares or 0% of its portfolio. State Teachers Retirement Sys holds 0.01% or 42,900 shares. Sg Americas Securities Ltd Liability owns 18,622 shares or 0.01% of their US portfolio. Teacher Retirement Of Texas reported 20,020 shares or 0.01% of all its holdings.

Since December 19, 2017, it had 0 insider buys, and 8 selling transactions for $4.58 million activity. Bergmann Rouven had sold 2,000 shares worth $134,940. 26,836 shares valued at $1.89M were sold by Sherif Tarek on Monday, March 12. The insider de Vries Glen Michael sold $1.88 million.

Among 17 analysts covering Medidata Solutions Inc. (NASDAQ:MDSO), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Medidata Solutions Inc. had 43 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Medidata Solutions, Inc. (NASDAQ:MDSO) has “Buy” rating given on Monday, October 23 by Needham. Dougherty upgraded the shares of MDSO in report on Monday, November 13 to “Buy” rating. The stock of Medidata Solutions, Inc. (NASDAQ:MDSO) has “Hold” rating given on Friday, September 25 by Topeka Capital Markets. KeyBanc Capital Markets maintained Medidata Solutions, Inc. (NASDAQ:MDSO) rating on Sunday, October 22. KeyBanc Capital Markets has “Buy” rating and $86.0 target. Jefferies downgraded the shares of MDSO in report on Tuesday, April 26 to “Underperform” rating. The stock of Medidata Solutions, Inc. (NASDAQ:MDSO) earned “Hold” rating by Jefferies on Thursday, February 8. Piper Jaffray maintained Medidata Solutions, Inc. (NASDAQ:MDSO) on Thursday, October 26 with “Buy” rating. Deutsche Bank initiated the stock with “Buy” rating in Friday, December 8 report. The stock has “Market Perform” rating by Leerink Swann on Tuesday, April 26. The firm has “Buy” rating by Topeka Capital Markets given on Thursday, February 11.

Analysts await Medidata Solutions, Inc. (NASDAQ:MDSO) to report earnings on April, 19 before the open. They expect $0.18 EPS, down 10.00% or $0.02 from last year’s $0.2 per share. MDSO’s profit will be $10.55M for 96.18 P/E if the $0.18 EPS becomes a reality. After $0.27 actual EPS reported by Medidata Solutions, Inc. for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

Sands Capital Management Llc increased Ross Stores Inc (NASDAQ:ROST) stake by 65,683 shares to 77,121 valued at $6.19M in 2017Q4. It also upped Zoetis Inc (NYSE:ZTS) stake by 104,430 shares and now owns 128,389 shares. Intuit (NASDAQ:INTU) was raised too.

Fulton Financial Corporation (NASDAQ:FULT) Institutional Positions Chart

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