Colony Group Lifted Stake in Intuit (INTU) as Shares Rose; Drw Securities Cut Position in Garrison Cap (GARS) by $1.06 Million

December 7, 2017 - By Marie Mckinney

Colony Group Llc increased its stake in Intuit Inc (INTU) by 23.56% based on its latest 2017Q2 regulatory filing with the SEC. Colony Group Llc bought 17,494 shares as the company’s stock rose 4.61% with the market. The hedge fund held 91,750 shares of the prepackaged software company at the end of 2017Q2, valued at $12.19 million, up from 74,256 at the end of the previous reported quarter. Colony Group Llc who had been investing in Intuit Inc for a number of months, seems to be bullish on the $39.93B market cap company. The stock increased 1.11% or $1.72 during the last trading session, reaching $156.19. About 946,579 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 23.62% since December 7, 2016 and is uptrending. It has outperformed by 6.92% the S&P500.

Drw Securities Llc decreased its stake in Garrison Cap Inc (GARS) by 23.32% based on its latest 2017Q2 regulatory filing with the SEC. Drw Securities Llc sold 132,055 shares as the company’s stock declined 12.33% while stock markets rallied. The institutional investor held 434,262 shares of the company at the end of 2017Q2, valued at $3.59 million, down from 566,317 at the end of the previous reported quarter. Drw Securities Llc who had been investing in Garrison Cap Inc for a number of months, seems to be less bullish one the $135.78 million market cap company. The stock decreased 0.59% or $0.05 during the last trading session, reaching $8.46. About 108,273 shares traded or 155.13% up from the average. Garrison Capital Inc. (NASDAQ:GARS) has declined 12.87% since December 7, 2016 and is downtrending. It has underperformed by 29.57% the S&P500.




Drw Securities Llc, which manages about $573.10 million US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 82,000 shares to 185,700 shares, valued at $44.90M in 2017Q2, according to the filing. It also increased its holding in Spdr Gold Trust Gold (Put) (GLD) by 348,000 shares in the quarter, for a total of 418,500 shares, and has risen its stake in Vanguard Bd Index Fd Inc (BND).

Analysts await Garrison Capital Inc. (NASDAQ:GARS) to report earnings on March, 6. They expect $0.29 earnings per share, down 6.45% or $0.02 from last year’s $0.31 per share. GARS’s profit will be $4.65 million for 7.29 P/E if the $0.29 EPS becomes a reality. After $0.26 actual earnings per share reported by Garrison Capital Inc. for the previous quarter, Wall Street now forecasts 11.54% EPS growth.

More notable recent Garrison Capital Inc. (NASDAQ:GARS) news were published by: Nasdaq.com which released: “Garrison Capital Inc. (GARS) Ex-Dividend Date Scheduled for December 07, 2017” on December 06, 2017, also Marketwired.com with their article: “Garrison Capital Inc. Declares Fourth Quarter 2017 Distribution of $0.28 Per …” published on November 07, 2017, Nasdaq.com published: “Garrison Capital Inc. (GARS) Ex-Dividend Date Scheduled for September 07, 2017” on September 06, 2017. More interesting news about Garrison Capital Inc. (NASDAQ:GARS) were released by: Seekingalpha.com and their article: “Garrison Capital May Have Another Cut Coming” published on May 30, 2017 as well as Nasdaq.com‘s news article titled: “Garrison Capital Inc. (GARS) Ex-Dividend Date Scheduled for June 07, 2017” with publication date: June 06, 2017.

Investors sentiment increased to 1.64 in Q2 2017. Its up 0.85, from 0.79 in 2017Q1. It improved, as 1 investors sold GARS shares while 10 reduced holdings. 11 funds opened positions while 7 raised stakes. 2.79 million shares or 10.03% less from 3.11 million shares in 2017Q1 were reported. Caxton has invested 0.88% in Garrison Capital Inc. (NASDAQ:GARS). Advsr Asset Mngmt has invested 0.04% of its portfolio in Garrison Capital Inc. (NASDAQ:GARS). Bancshares Of Montreal Can holds 0% of its portfolio in Garrison Capital Inc. (NASDAQ:GARS) for 10,000 shares. Baystate Wealth Mngmt Ltd Co owns 418 shares for 0% of their portfolio. The Pennsylvania-based Hudock Capital Gp Limited Liability Com has invested 0% in Garrison Capital Inc. (NASDAQ:GARS). Ares Ltd Liability holds 309,244 shares or 0.06% of its portfolio. Alpine Woods Limited Liability, a New York-based fund reported 20,000 shares. Moreover, Stephens Ar has 0.01% invested in Garrison Capital Inc. (NASDAQ:GARS). Morgan Stanley holds 0% or 21,178 shares in its portfolio. California Employees Retirement System invested 0% in Garrison Capital Inc. (NASDAQ:GARS). 434,262 were accumulated by Drw Secs Llc. 53,727 are owned by Oppenheimer & Com. Moreover, Manufacturers Life Company The has 0% invested in Garrison Capital Inc. (NASDAQ:GARS). Cambridge Investment Rech Advsrs Incorporated holds 0% or 10,900 shares in its portfolio. Us Bank De has 0% invested in Garrison Capital Inc. (NASDAQ:GARS).

Among 6 analysts covering Garrison Capital (NASDAQ:GARS), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Garrison Capital had 15 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Garrison Capital Inc. (NASDAQ:GARS) earned “Neutral” rating by Ladenburg Thalmann on Friday, November 6. National Securities maintained Garrison Capital Inc. (NASDAQ:GARS) rating on Wednesday, August 5. National Securities has “Buy” rating and $17 target. The rating was maintained by Oppenheimer with “Hold” on Thursday, August 10. The firm earned “Buy” rating on Wednesday, August 5 by Zacks. The company was maintained on Thursday, November 9 by Maxim Group. Wunderlich downgraded the shares of GARS in report on Thursday, March 16 to “Hold” rating. The stock of Garrison Capital Inc. (NASDAQ:GARS) earned “Buy” rating by Maxim Group on Monday, August 10. The firm has “Hold” rating by Zacks given on Tuesday, August 11. The firm has “Buy” rating by Maxim Group given on Thursday, August 10. Maxim Group maintained the shares of GARS in report on Monday, November 9 with “Buy” rating.

Among 22 analysts covering Intuit (NASDAQ:INTU), 9 have Buy rating, 2 Sell and 11 Hold. Therefore 41% are positive. Intuit had 76 analyst reports since August 10, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Equal-Weight” rating and $157 target in Wednesday, November 15 report. The company was maintained on Wednesday, August 23 by Oppenheimer. Citigroup maintained the stock with “Buy” rating in Wednesday, August 24 report. The company was maintained on Friday, February 26 by RBC Capital Markets. The stock of Intuit Inc. (NASDAQ:INTU) has “Sector Perform” rating given on Wednesday, August 24 by RBC Capital Markets. The stock has “Underweight” rating by Morgan Stanley on Tuesday, November 21. The rating was maintained by Goldman Sachs on Thursday, June 23 with “Buy”. The rating was maintained by Wells Fargo on Tuesday, November 21 with “Buy”. On Monday, May 23 the stock rating was initiated by Goldman Sachs with “Buy”. The stock of Intuit Inc. (NASDAQ:INTU) earned “Hold” rating by RBC Capital Markets on Sunday, September 24.

More important recent Intuit Inc. (NASDAQ:INTU) news were published by: Nasdaq.com which released: “Intuit Inc. Reveals 93% Gain In Q1 Bottom Line” on November 20, 2017, also Fool.com published article titled: “3 Things Intuit, Inc. Management Wants You to Know”, Seekingalpha.com published: “Intuit will offer loans to small businesses using QuickBooks” on November 07, 2017. More interesting news about Intuit Inc. (NASDAQ:INTU) was released by: Seekingalpha.com and their article: “Intuit: Still Not Too Late To Join The Party” with publication date: November 21, 2017.

Colony Group Llc, which manages about $3.39 billion and $1.40B US Long portfolio, decreased its stake in Symantec Corp (NASDAQ:SYMC) by 21,449 shares to 159,402 shares, valued at $4.50M in 2017Q2, according to the filing. It also reduced its holding in Verizon Communications (NYSE:VZ) by 40,657 shares in the quarter, leaving it with 8,515 shares, and cut its stake in American International Group Inc (NYSE:AIG).

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