Edgewood Management Maintains Stake in Intuitive Surgical (ISRG); As Yum Brands (YUM) Market Value Rose, Ascend Capital Lifted Stake

October 12, 2017 - By wolcottdaily

Edgewood Management Llc increased its stake in Intuitive Surgical Inc (ISRG) by 4.8% based on its latest 2017Q2 regulatory filing with the SEC. Edgewood Management Llc bought 44,114 shares as the company’s stock rose 20.10% with the market. The institutional investor held 963,731 shares of the health care company at the end of 2017Q2, valued at $901.45M, up from 919,617 at the end of the previous reported quarter. Edgewood Management Llc who had been investing in Intuitive Surgical Inc for a number of months, seems to be bullish on the $40.41 billion market cap company. The stock declined 0.62% or $2.24 reaching $360.29 on the news. About 842,834 shares traded or 12.68% up from the average. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 39.52% since October 12, 2016 and is uptrending. It has outperformed by 22.82% the S&P500.

Malcolm Fairbairn increased its stake in Yum Brands Inc (YUM) by 24.18% based on its latest 2017Q2 regulatory filing with the SEC. Ascend Capital Llc bought 6,291 shares as the company’s stock rose 2.44% with the market. The hedge fund run by Malcolm Fairbairn held 32,309 shares of the consumer services company at the end of 2017Q2, valued at $2.38M, up from 26,018 at the end of the previous reported quarter. Ascend Capital Llc who had been investing in Yum Brands Inc for a number of months, seems to be bullish on the $26.34 billion market cap company. The stock rose 0.20% or $0.15 reaching $76.56 per share. About 1.67M shares traded. Yum! Brands, Inc. (NYSE:YUM) has risen 21.70% since October 12, 2016 and is uptrending. It has outperformed by 5.00% the S&P500.




Investors sentiment increased to 1.07 in Q2 2017. Its up 0.35, from 0.72 in 2017Q1. It improved, as 35 investors sold ISRG shares while 185 reduced holdings. 62 funds opened positions while 174 raised stakes. 36.05 million shares or 1.68% more from 35.45 million shares in 2017Q1 were reported. Veritable Ltd Partnership owns 1,219 shares. Cullen Frost Bankers has invested 0.04% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Comm Commercial Bank accumulated 731 shares. Sandy Spring Financial Bank holds 0.01% or 102 shares in its portfolio. Boston Private Wealth Lc holds 0.08% or 2,140 shares. Dsm Ptnrs Limited Liability Com holds 0.18% in Intuitive Surgical, Inc. (NASDAQ:ISRG) or 12,914 shares. Point72 Asia (Hong Kong) Limited invested 0.06% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Pictet Asset Mngmt Limited has invested 0.64% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Capital Impact Advisors Ltd Co accumulated 0.72% or 1,686 shares. Daiwa Group holds 2,390 shares or 0.01% of its portfolio. Waters Parkerson & Limited Com accumulated 310 shares. Mcdaniel Terry & Communication has invested 0.06% of its portfolio in Intuitive Surgical, Inc. (NASDAQ:ISRG). Hirtle Callaghan Communication Limited Company stated it has 52 shares or 0.01% of all its holdings. Riverhead Mgmt Limited Liability Com invested in 10,127 shares. Df Dent And Company Inc holds 3.54% or 143,279 shares.

Edgewood Management Llc, which manages about $9.25B and $20.40 billion US Long portfolio, decreased its stake in Illumina Inc (NASDAQ:ILMN) by 737,566 shares to 5.29 million shares, valued at $917.67M in 2017Q2, according to the filing.

Since May 2, 2017, it had 0 insider purchases, and 9 selling transactions for $15.37 million activity. $40,800 worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by Samath Jamie. Shares for $2.66M were sold by MELTZER MARK J on Monday, June 12. Johnson Amal M sold $917,273 worth of stock or 1,000 shares. 3,385 shares were sold by Myriam Curet, worth $2.83 million on Tuesday, May 2. The insider Brogna Salvatore sold $1.20M.

Among 20 analysts covering Intuitive Surgical Inc (NASDAQ:ISRG), 12 have Buy rating, 1 Sell and 7 Hold. Therefore 60% are positive. Intuitive Surgical Inc had 49 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, October 13 by Wells Fargo. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) earned “Hold” rating by Evercore on Wednesday, January 4. Canaccord Genuity maintained it with “Buy” rating and $87000 target in Friday, May 26 report. The firm has “Under Perform” rating given on Thursday, July 21 by Northland Capital. Stifel Nicolaus maintained it with “Buy” rating and $640 target in Friday, January 22 report. Wedbush maintained the stock with “Buy” rating in Tuesday, October 10 report. RBC Capital Markets maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) on Thursday, January 7 with “Sector Perform” rating. On Friday, July 21 the stock rating was maintained by Canaccord Genuity with “Hold”. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) has “Strong-Buy” rating given on Wednesday, September 2 by Vetr. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, October 19.

More notable recent Intuitive Surgical, Inc. (NASDAQ:ISRG) news were published by: Seekingalpha.com which released: “Catch This Robotics Leader On The Upcoming Stock Split” on October 04, 2017, also Fool.com with their article: “3 Top Med-Tech Stocks You Can Buy Right Now” published on October 08, 2017, Fool.com published: “This trend is unstoppable, which makes Intuitive Surgical nearly unstoppable …” on October 01, 2017. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) were released by: Law360.com and their article: “Intuitive Surgical Can’t Toss Investors’ Robot Glitch Suit” published on October 02, 2017 as well as Investorplace.com‘s news article titled: “Strong Buy Ranking on Intuitive Surgical (ISRG) Shares Retained” with publication date: October 10, 2017.

Since May 4, 2017, it had 0 insider buys, and 3 selling transactions for $953,010 activity. Niccol Brian R sold $106,853 worth of Yum! Brands, Inc. (NYSE:YUM) on Thursday, June 1.

More news for Yum! Brands, Inc. (NYSE:YUM) were recently published by: Seekingalpha.com, which released: “Does Yum! Brands’ Valuation Make Sense?” on September 26, 2017. Reuters.com‘s article titled: “BRIEF-Telepizza in talks with Yum! Brands to operate Pizza Hut stores‍​” and published on October 03, 2017 is yet another important article.

Among 26 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 14 Hold. Therefore 42% are positive. YUM! Brands had 78 analyst reports since July 1, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $75 target in Friday, February 10 report. The stock of Yum! Brands, Inc. (NYSE:YUM) earned “Buy” rating by RBC Capital Markets on Thursday, August 3. Oppenheimer maintained Yum! Brands, Inc. (NYSE:YUM) on Wednesday, August 19 with “Outperform” rating. The stock has “Hold” rating by BMO Capital Markets on Friday, September 15. The stock has “Buy” rating by Oppenheimer on Tuesday, June 20. The stock has “Equal Weight” rating by Barclays Capital on Wednesday, October 7. The rating was upgraded by Cowen & Co to “Outperform” on Tuesday, December 1. UBS maintained it with “Buy” rating and $116 target in Wednesday, July 1 report. The firm earned “Equal-Weight” rating on Friday, August 4 by Barclays Capital. The firm has “Neutral” rating given on Friday, October 6 by Bank of America.

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