Johnson Financial Group Upped Stake in Baxter International (BAX) by $844,380; Mgic Invt Wis (MTG) Position Has Increased by Macquarie Group Ltd

December 7, 2017 - By Maria Brooks

Macquarie Group Ltd increased its stake in Mgic Invt Corp Wis (MTG) by 37.46% based on its latest 2017Q2 regulatory filing with the SEC. Macquarie Group Ltd bought 1.20 million shares as the company’s stock declined 1.12% while stock markets rallied. The institutional investor held 4.41 million shares of the property-casualty insurers company at the end of 2017Q2, valued at $49.39 million, up from 3.21M at the end of the previous reported quarter. Macquarie Group Ltd who had been investing in Mgic Invt Corp Wis for a number of months, seems to be bullish on the $5.73 billion market cap company. The stock increased 0.32% or $0.05 during the last trading session, reaching $15.45. About 2.54M shares traded. MGIC Investment Corporation (NYSE:MTG) has risen 60.12% since December 7, 2016 and is uptrending. It has outperformed by 43.42% the S&P500.

Johnson Financial Group Inc increased its stake in Baxter International Inc (BAX) by 339.93% based on its latest 2017Q2 regulatory filing with the SEC. Johnson Financial Group Inc bought 14,073 shares as the company’s stock rose 15.04% with the market. The institutional investor held 18,213 shares of the medical and dental instruments company at the end of 2017Q2, valued at $1.10M, up from 4,140 at the end of the previous reported quarter. Johnson Financial Group Inc who had been investing in Baxter International Inc for a number of months, seems to be bullish on the $34.72 billion market cap company. The stock decreased 0.47% or $0.3 during the last trading session, reaching $63.72. About 2.39M shares traded. Baxter International Inc. (NYSE:BAX) has risen 32.55% since December 7, 2016 and is uptrending. It has outperformed by 15.85% the S&P500.




Investors sentiment decreased to 0.92 in 2017 Q2. Its down 0.03, from 0.95 in 2017Q1. It is negative, as 52 investors sold BAX shares while 315 reduced holdings. 89 funds opened positions while 247 raised stakes. 444.08 million shares or 0.51% more from 441.85 million shares in 2017Q1 were reported. 7,430 are owned by Hillsdale Mgmt. Fiduciary reported 20,976 shares. Shelton Mngmt has 6,335 shares. Navellier And Associate holds 0.82% in Baxter International Inc. (NYSE:BAX) or 90,135 shares. Hills Retail Bank Com owns 12,071 shares. Ubs Asset Mgmt Americas holds 2.26 million shares or 0% of its portfolio. Commercial Bank Of America De stated it has 4.49M shares. Jacobus Wealth Management accumulated 1,799 shares. Fincl Bank Of Hawaii has invested 0.04% in Baxter International Inc. (NYSE:BAX). 50 are held by Baldwin Brothers Ma. Jennison Associate Lc has invested 0% in Baxter International Inc. (NYSE:BAX). Atria Invs holds 0.05% of its portfolio in Baxter International Inc. (NYSE:BAX) for 13,427 shares. Lowe Brockenbrough And Com Inc invested in 3,672 shares or 0.03% of the stock. California Public Employees Retirement Systems accumulated 1.40M shares. Gareth Morgan Ltd Partnership reported 0.88% of its portfolio in Baxter International Inc. (NYSE:BAX).

Among 17 analysts covering Baxter International (NYSE:BAX), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Baxter International had 44 analyst reports since July 30, 2015 according to SRatingsIntel. Credit Suisse maintained Baxter International Inc. (NYSE:BAX) rating on Monday, April 25. Credit Suisse has “Neutral” rating and $45 target. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Hold”. The firm earned “Hold” rating on Monday, October 2 by RBC Capital Markets. The stock of Baxter International Inc. (NYSE:BAX) earned “Equal-Weight” rating by Morgan Stanley on Thursday, October 26. The firm has “Market Perform” rating given on Wednesday, October 28 by Leerink Swann. The firm has “Overweight” rating given on Thursday, October 26 by Barclays Capital. On Friday, April 28 the stock rating was maintained by BMO Capital Markets with “Hold”. RBC Capital Markets maintained Baxter International Inc. (NYSE:BAX) on Wednesday, October 26 with “Sector Perform” rating. The firm earned “Hold” rating on Monday, July 10 by RBC Capital Markets. On Wednesday, February 3 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

More recent Baxter International Inc. (NYSE:BAX) news were published by: Businesswire.com which released: “Baxter to Present at the BMO Capital Markets Prescriptions for Success …” on December 04, 2017. Also Investorplace.com published the news titled: “Outstanding Analytics for Earnings Momentum Make Baxter International (BAX) a …” on December 05, 2017. Nasdaq.com‘s news article titled: “Baxter International Inc. (BAX) Ex-Dividend Date Scheduled for November 30, 2017” with publication date: November 29, 2017 was also an interesting one.

Johnson Financial Group Inc, which manages about $8.40 billion and $695.24M US Long portfolio, decreased its stake in Illinois Tool Works (NYSE:ITW) by 4,220 shares to 2,614 shares, valued at $374,000 in 2017Q2, according to the filing. It also reduced its holding in Prudential Finl Inc (NYSE:PRU) by 9,848 shares in the quarter, leaving it with 21,666 shares, and cut its stake in Skyworks Solutions Inc (NASDAQ:SWKS).

Macquarie Group Ltd, which manages about $54.70 billion US Long portfolio, decreased its stake in Fastenal Co (NASDAQ:FAST) by 87,735 shares to 15,900 shares, valued at $693,000 in 2017Q2, according to the filing. It also reduced its holding in Bard C R Inc (NYSE:BCR) by 4,000 shares in the quarter, leaving it with 1,500 shares, and cut its stake in Alexandria Real Estate Eq In (NYSE:ARE).

More recent MGIC Investment Corporation (NYSE:MTG) news were published by: Prnewswire.com which released: “MGIC Investment Corporation Releases Monthly Operating Statistics” on November 08, 2017. Also Zacks.com published the news titled: “MGIC Investment (MTG) Up 6.2% Since Earnings Report: Can It Continue?” on November 20, 2017. Seekingalpha.com‘s news article titled: “MGIC Investment: Compelling Upside Remains After 40% YTD” with publication date: November 20, 2017 was also an interesting one.

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