Hbk Investments LP Boosted Its Mitel Networks (MITL) Stake; Varian Medical Systems (VAR) SI Decreased By 19.45%

April 19, 2018 - By reb123z

Varian Medical Systems, Inc. (NYSE:VAR) Logo

Hbk Investments LP increased Mitel Networks Corp (MITL) stake by 274.33% reported in 2017Q4 SEC filing. Hbk Investments LP acquired 153,899 shares as Mitel Networks Corp (MITL)’s stock rose 18.38%. The Hbk Investments LP holds 209,999 shares with $1.73M value, up from 56,100 last quarter. Mitel Networks Corp now has $1.21B valuation. The stock decreased 0.59% or $0.06 during the last trading session, reaching $10.05. About 404,215 shares traded. Mitel Networks Corporation (NASDAQ:MITL) has risen 34.90% since April 19, 2017 and is uptrending. It has outperformed by 23.35% the S&P500.

Varian Medical Systems Inc (NYSE:VAR) had a decrease of 19.45% in short interest. VAR’s SI was 3.33M shares in April as released by FINRA. Its down 19.45% from 4.13M shares previously. With 570,700 avg volume, 6 days are for Varian Medical Systems Inc (NYSE:VAR)’s short sellers to cover VAR’s short positions. The SI to Varian Medical Systems Inc’s float is 3.64%. The stock increased 0.60% or $0.76 during the last trading session, reaching $126.89. About 380,338 shares traded. Varian Medical Systems, Inc. (NYSE:VAR) has risen 32.94% since April 19, 2017 and is uptrending. It has outperformed by 21.39% the S&P500.

Among 12 analysts covering Varian Medical Systems Inc. (NYSE:VAR), 5 have Buy rating, 2 Sell and 5 Hold. Therefore 42% are positive. Varian Medical Systems Inc. had 37 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Thursday, January 25 with “Hold”. The rating was initiated by Citigroup with “Neutral” on Thursday, November 12. On Monday, October 2 the stock rating was maintained by RBC Capital Markets with “Hold”. RBC Capital Markets maintained Varian Medical Systems, Inc. (NYSE:VAR) rating on Friday, September 1. RBC Capital Markets has “Hold” rating and $100.0 target. On Friday, January 27 the stock rating was maintained by Barrington Research with “Outperform”. The rating was maintained by JP Morgan on Thursday, January 25 with “Neutral”. RBC Capital Markets maintained Varian Medical Systems, Inc. (NYSE:VAR) rating on Thursday, January 25. RBC Capital Markets has “Hold” rating and $115.0 target. Jefferies maintained Varian Medical Systems, Inc. (NYSE:VAR) rating on Wednesday, October 25. Jefferies has “Buy” rating and $114.0 target. The stock of Varian Medical Systems, Inc. (NYSE:VAR) earned “Neutral” rating by BTIG Research on Thursday, September 7. The rating was maintained by RBC Capital Markets on Monday, January 23 with “Sector Perform”.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.22, from 1.02 in 2017Q3. It turned negative, as 37 investors sold Varian Medical Systems, Inc. shares while 194 reduced holdings. 63 funds opened positions while 122 raised stakes. 87.00 million shares or 3.31% less from 89.98 million shares in 2017Q3 were reported. Pub Employees Retirement Association Of Colorado accumulated 17,742 shares or 0.01% of the stock. Amundi Pioneer Asset Mgmt holds 0.03% of its portfolio in Varian Medical Systems, Inc. (NYSE:VAR) for 175,539 shares. The North Carolina-based Fincl Bank Of America De has invested 0.03% in Varian Medical Systems, Inc. (NYSE:VAR). Cadence Mngmt Llc holds 0.03% in Varian Medical Systems, Inc. (NYSE:VAR) or 3,727 shares. Welch Forbes Limited reported 0.06% in Varian Medical Systems, Inc. (NYSE:VAR). Nomura Holdg has 6,354 shares. 29,925 were reported by Sandy Spring Retail Bank. Endurance Wealth Mgmt has 66 shares. United Fire Group Inc holds 0.04% or 1,000 shares in its portfolio. Stock Yards Retail Bank And Tru has invested 0.03% in Varian Medical Systems, Inc. (NYSE:VAR). Bp Public Limited Liability Co holds 11,000 shares or 0.04% of its portfolio. Prelude Mngmt Lc has invested 0.04% in Varian Medical Systems, Inc. (NYSE:VAR). Amica Pension Fund Board Of Trustees reported 4,387 shares. The Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0.05% in Varian Medical Systems, Inc. (NYSE:VAR). 8,653 were reported by Bluecrest Mngmt Ltd.

Since October 18, 2017, it had 0 insider buys, and 19 selling transactions for $22.18 million activity. KENNEDY KOLLEEN T sold $425,622 worth of stock or 3,513 shares. 88,766 shares valued at $9.85 million were sold by WILSON DOW R on Monday, December 18. Another trade for 1,952 shares valued at $235,413 was made by BOSTROM SUSAN L on Thursday, February 22. 863 shares were sold by KUO JOHN W, worth $93,575 on Tuesday, January 16. On Tuesday, January 2 GUERTIN TIMOTHY E sold $1.11M worth of Varian Medical Systems, Inc. (NYSE:VAR) or 10,000 shares. On Tuesday, March 6 the insider ILLINGWORTH DAVID J sold $692,560. LARET MARK R had sold 2,161 shares worth $274,383.

Varian Medical Systems, Inc. designs, makes, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide. The company has market cap of $11.59 billion. It operates through two divisions, Oncology Systems and Imaging Components. It has a 95.33 P/E ratio. The Oncology Systems segment provides hardware and software products for treating cancer with radiotherapy, fixed field intensity-modulated radiation therapy, image-guided radiation therapy, volumetric modulated arc therapy, stereotactic radiosurgery, stereotactic body radiotherapy, and brachytherapy.

Varian Medical Systems, Inc. (NYSE:VAR) Institutional Positions Chart

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