First National Trust Co Has Lifted Its Medtronic Plc (MDT) Position by $405,790; As Toll Brothers (TOL) Stock Rose, South Dakota Investment Council Lowered Its Holding

January 14, 2018 - By Richard Conner

South Dakota Investment Council decreased its stake in Toll Brothers Inc (TOL) by 5.43% based on its latest 2017Q3 regulatory filing with the SEC. South Dakota Investment Council sold 60,258 shares as the company’s stock rose 20.17% with the market. The institutional investor held 1.05M shares of the homebuilding company at the end of 2017Q3, valued at $43.55 million, down from 1.11 million at the end of the previous reported quarter. South Dakota Investment Council who had been investing in Toll Brothers Inc for a number of months, seems to be less bullish one the $7.90 billion market cap company. The stock decreased 0.44% or $0.23 during the last trading session, reaching $51.58. About 1.19 million shares traded. Toll Brothers, Inc. (NYSE:TOL) has risen 41.46% since January 14, 2017 and is uptrending. It has outperformed by 24.76% the S&P500.

First National Trust Co increased its stake in Medtronic Plc (MDT) by 17.86% based on its latest 2017Q3 regulatory filing with the SEC. First National Trust Co bought 5,270 shares as the company’s stock rose 5.51% with the market. The institutional investor held 34,774 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q3, valued at $2.71M, up from 29,504 at the end of the previous reported quarter. First National Trust Co who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $115.66 billion market cap company. The stock decreased 0.33% or $0.28 during the last trading session, reaching $85.45. About 5.09M shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since January 14, 2017 and is uptrending. It has underperformed by 12.66% the S&P500.




Investors sentiment increased to 1.42 in 2017 Q3. Its up 0.07, from 1.35 in 2017Q2. It increased, as 24 investors sold TOL shares while 100 reduced holdings. 48 funds opened positions while 128 raised stakes. 132.98 million shares or 1.50% more from 131.01 million shares in 2017Q2 were reported. Natixis Asset has 6,060 shares. Atalanta Sosnoff Lc holds 0.06% of its portfolio in Toll Brothers, Inc. (NYSE:TOL) for 42,615 shares. Employees Retirement Sys Of Texas reported 45,000 shares stake. Price T Rowe Md stated it has 0% of its portfolio in Toll Brothers, Inc. (NYSE:TOL). Caisse De Depot Et Placement Du Quebec reported 66,400 shares. Pinnacle Limited Liability Company holds 0% or 200 shares. Menta Cap Limited Co, a California-based fund reported 45,800 shares. Kemnay Advisory holds 0.35% of its portfolio in Toll Brothers, Inc. (NYSE:TOL) for 19,759 shares. Elk Creek Ptnrs Ltd Co reported 0.28% in Toll Brothers, Inc. (NYSE:TOL). Wedge Mngmt L LP Nc invested in 0.34% or 881,749 shares. Neuberger Berman Lc has 0.06% invested in Toll Brothers, Inc. (NYSE:TOL). Massachusetts Fincl Services Ma stated it has 1.40M shares or 0.03% of all its holdings. Hsbc Holdg Plc reported 0.04% of its portfolio in Toll Brothers, Inc. (NYSE:TOL). Taurus Asset Mngmt Limited Liability Company has invested 0.03% in Toll Brothers, Inc. (NYSE:TOL). Nationwide Fund Advisors owns 0.05% invested in Toll Brothers, Inc. (NYSE:TOL) for 281,670 shares.

Since August 29, 2017, it had 0 insider buys, and 10 selling transactions for $5.07 million activity. Another trade for 20,000 shares valued at $1.01M was sold by MARBACH CARL B. Shares for $392,742 were sold by Hartman Richard T.. $996,584 worth of Toll Brothers, Inc. (NYSE:TOL) was sold by Yearley Douglas C. Jr.. On Friday, January 5 GARVEY CHRISTINE sold $813,102 worth of Toll Brothers, Inc. (NYSE:TOL) or 16,000 shares. Connor Martin P. had sold 5,000 shares worth $217,250. BRAEMER RICHARD J sold $284,108 worth of Toll Brothers, Inc. (NYSE:TOL) on Tuesday, August 29.

Analysts await Toll Brothers, Inc. (NYSE:TOL) to report earnings on February, 28. They expect $0.51 earnings per share, up 21.43% or $0.09 from last year’s $0.42 per share. TOL’s profit will be $78.12M for 25.28 P/E if the $0.51 EPS becomes a reality. After $1.17 actual earnings per share reported by Toll Brothers, Inc. for the previous quarter, Wall Street now forecasts -56.41% negative EPS growth.

South Dakota Investment Council, which manages about $4.94B US Long portfolio, upped its stake in Gentex Corp (NASDAQ:GNTX) by 45,300 shares to 161,500 shares, valued at $3.20M in 2017Q3, according to the filing. It also increased its holding in Calatlantic Group Inc by 78,836 shares in the quarter, for a total of 180,930 shares, and has risen its stake in Iridium Communications Inc (NASDAQ:IRDM).

Among 28 analysts covering Toll Brothers (NYSE:TOL), 13 have Buy rating, 1 Sell and 14 Hold. Therefore 46% are positive. Toll Brothers had 75 analyst reports since August 12, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of TOL in report on Tuesday, August 22 with “Hold” rating. UBS maintained the shares of TOL in report on Wednesday, December 6 with “Buy” rating. The rating was upgraded by Raymond James on Monday, January 25 to “Strong Buy”. JP Morgan upgraded it to “Overweight” rating and $45 target in Friday, November 13 report. RBC Capital Markets maintained the shares of TOL in report on Thursday, February 25 with “Sector Perform” rating. The rating was maintained by Wood on Wednesday, August 26 with “Market Perform”. As per Thursday, September 14, the company rating was downgraded by J.P. Morgan. On Monday, September 25 the stock rating was maintained by RBC Capital Markets with “Buy”. On Wednesday, February 24 the stock rating was maintained by M Partners with “Buy”. Keefe Bruyette & Woods maintained Toll Brothers, Inc. (NYSE:TOL) rating on Thursday, October 19. Keefe Bruyette & Woods has “Hold” rating and $47.0 target.

First National Trust Co, which manages about $862.54M US Long portfolio, decreased its stake in Aflac Inc (NYSE:AFL) by 5,045 shares to 70,712 shares, valued at $5.76 million in 2017Q3, according to the filing. It also reduced its holding in Qualcomm Inc (NASDAQ:QCOM) by 21,587 shares in the quarter, leaving it with 79,212 shares, and cut its stake in Energy Transfer Partners Lp.

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.22, from 0.9 in 2017Q2. It improved, as 73 investors sold MDT shares while 392 reduced holdings. 109 funds opened positions while 414 raised stakes. 1.07 billion shares or 1.07% more from 1.06 billion shares in 2017Q2 were reported. 2,386 are held by Liberty Cap Inc. Aviance Capital Prns Lc has 0.56% invested in Medtronic plc (NYSE:MDT) for 21,242 shares. Central Retail Bank Trust has 5,171 shares for 0.1% of their portfolio. Glenview Comml Bank Trust Dept stated it has 4,696 shares. Rampart Investment Management Co Limited Liability holds 18,676 shares. Two Sigma Lc has 15,167 shares for 0.11% of their portfolio. The New York-based Spark Invest Mngmt Limited Liability Com has invested 0.09% in Medtronic plc (NYSE:MDT). Winslow Evans Crocker has invested 0.04% in Medtronic plc (NYSE:MDT). Arkansas-based Garrison Financial has invested 1.67% in Medtronic plc (NYSE:MDT). 9.26 million were reported by Primecap Management Ca. Calamos Advsr Ltd Liability Corp stated it has 381,618 shares or 0.23% of all its holdings. First Interstate Bank & Trust holds 4,780 shares. Jp Marvel Advsrs Ltd Limited Liability Company, a Massachusetts-based fund reported 62,542 shares. Northern Tru holds 0.34% or 16.62M shares. The Oklahoma-based Trust Of Oklahoma has invested 1.04% in Medtronic plc (NYSE:MDT).

Among 28 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 9 Hold. Therefore 68% are positive. Medtronic had 78 analyst reports since August 10, 2015 according to SRatingsIntel. IBC maintained Medtronic plc (NYSE:MDT) on Monday, May 29 with “Buy” rating. UBS maintained Medtronic plc (NYSE:MDT) on Friday, February 17 with “Buy” rating. Needham maintained it with “Buy” rating and $95.0 target in Tuesday, November 21 report. The firm has “Buy” rating by Citigroup given on Tuesday, August 23. As per Tuesday, July 18, the company rating was maintained by Oppenheimer. On Thursday, June 2 the stock rating was maintained by Deutsche Bank with “Buy”. The company was maintained on Wednesday, August 23 by Barclays Capital. As per Monday, October 9, the company rating was maintained by Needham. Barclays Capital maintained the shares of MDT in report on Wednesday, November 23 with “Overweight” rating. Wells Fargo maintained the stock with “Buy” rating in Monday, July 10 report.

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