Diversified Trust Co Has Raised Medtronic Plc (MDT) Holding by $448,960; Shares Declined; Newell Brands (NWL) Holder Spitfire Capital Increased Holding by $735,000

May 22, 2018 - By Maria Brooks

Medtronic plc (NYSE:MDT) Logo

Diversified Trust Co increased its stake in Medtronic Plc (MDT) by 7.29% based on its latest 2017Q4 regulatory filing with the SEC. Diversified Trust Co bought 5,612 shares as the company’s stock declined 4.15% with the market. The institutional investor held 82,570 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q4, valued at $6.67 million, up from 76,958 at the end of the previous reported quarter. Diversified Trust Co who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $115.64 billion market cap company. The stock increased 0.80% or $0.68 during the last trading session, reaching $85.32. About 3.75 million shares traded. Medtronic plc (NYSE:MDT) has declined 3.54% since May 22, 2017 and is downtrending. It has underperformed by 15.09% the S&P500.

Julian Allen increased its stake in Newell Brands Inc (NWL) by 20.17% based on its latest 2017Q4 regulatory filing with the SEC. Spitfire Capital Llc bought 24,500 shares as the company’s stock declined 17.87% with the market. The hedge fund run by Julian Allen held 145,958 shares of the plastic products company at the end of 2017Q4, valued at $4.51M, up from 121,458 at the end of the previous reported quarter. Spitfire Capital Llc who had been investing in Newell Brands Inc for a number of months, seems to be bullish on the $12.82 billion market cap company. The stock increased 0.27% or $0.07 during the last trading session, reaching $26.39. About 3.47M shares traded. Newell Brands Inc. (NYSE:NWL) has declined 47.20% since May 22, 2017 and is downtrending. It has underperformed by 58.75% the S&P500.

Investors sentiment decreased to 0.72 in 2017 Q4. Its down 0.39, from 1.11 in 2017Q3. It turned negative, as 122 investors sold NWL shares while 201 reduced holdings. 75 funds opened positions while 158 raised stakes. 431.52 million shares or 2.56% less from 442.84 million shares in 2017Q3 were reported. Macquarie Limited has 0% invested in Newell Brands Inc. (NYSE:NWL). Louisiana State Employees Retirement System reported 0.04% stake. Vanguard Gru Inc holds 49.48 million shares. Gam Ag holds 0.01% or 15,274 shares. Cap Invsts has 0.32% invested in Newell Brands Inc. (NYSE:NWL) for 47.75 million shares. Canada Pension Plan Board holds 38 shares. Guggenheim Ltd Liability Corporation owns 1.52 million shares. Fny Managed Accounts Ltd Liability invested in 0.06% or 2,000 shares. Bnp Paribas Asset Mgmt Sa stated it has 181,782 shares or 0.05% of all its holdings. New York-based Kings Point Mgmt has invested 1.73% in Newell Brands Inc. (NYSE:NWL). State Board Of Administration Of Florida Retirement Sys owns 663,575 shares or 0.05% of their US portfolio. Adirondack Trust has 0% invested in Newell Brands Inc. (NYSE:NWL) for 16 shares. Jacobs And Ca has invested 0.65% in Newell Brands Inc. (NYSE:NWL). Clearbridge Invs Limited Liability Com reported 2,707 shares or 0% of all its holdings. 329,931 are held by Amp Cap.

More notable recent Newell Brands Inc. (NYSE:NWL) news were published by: Globenewswire.com which released: “Jostens and Philadelphia Eagles to partner on historic championship ring” on April 30, 2018, also Seekingalpha.com with their article: “Newell Brands +4.35% post Q1 results” published on May 04, 2018, Seekingalpha.com published: “Tracking Carl Icahn’s Portfolio – Q1 2018 Update” on May 21, 2018. More interesting news about Newell Brands Inc. (NYSE:NWL) were released by: Streetinsider.com and their article: “Starboard’s 13F Shows New Stake in Newell Rubbermaid (NWL), Increase in Forest City (FCE-A), Macerich (MAC …” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “Newell Brands (NWL) Announces Pact with Starboard to End Proxy Contest” with publication date: April 23, 2018.

Spitfire Capital Llc, which manages about $260.00 million and $225.99 million US Long portfolio, decreased its stake in Steelcase Inc (NYSE:SCS) by 77,067 shares to 387,741 shares, valued at $5.89M in 2017Q4, according to the filing. It also reduced its holding in Columbus Mckinnon Corp N Y (NASDAQ:CMCO) by 23,095 shares in the quarter, leaving it with 355,461 shares, and cut its stake in Builders Firstsource Inc (NASDAQ:BLDR).

Among 20 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Newell Rubbermaid Inc. had 66 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, November 3 with “Buy”. The rating was maintained by JP Morgan with “Neutral” on Tuesday, February 20. The stock of Newell Brands Inc. (NYSE:NWL) has “Neutral” rating given on Thursday, November 2 by JP Morgan. The rating was maintained by Jefferies with “Hold” on Tuesday, October 17. The stock of Newell Brands Inc. (NYSE:NWL) has “Buy” rating given on Monday, August 7 by Jefferies. The stock of Newell Brands Inc. (NYSE:NWL) earned “Buy” rating by Gabelli on Monday, February 8. Wells Fargo reinitiated the shares of NWL in report on Tuesday, November 15 with “Outperform” rating. As per Friday, August 4, the company rating was maintained by Jefferies. As per Tuesday, March 27, the company rating was downgraded by SunTrust. The stock of Newell Brands Inc. (NYSE:NWL) has “Overweight” rating given on Tuesday, December 15 by Piper Jaffray.

Among 29 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Medtronic had 83 analyst reports since August 10, 2015 according to SRatingsIntel. On Wednesday, August 23 the stock rating was maintained by Northland Capital with “Hold”. The rating was maintained by SunTrust with “Buy” on Monday, June 13. The firm earned “Buy” rating on Monday, July 10 by Wells Fargo. Needham maintained Medtronic plc (NYSE:MDT) rating on Tuesday, September 5. Needham has “Buy” rating and $95.0 target. The stock has “Buy” rating by Needham on Wednesday, February 21. Nomura initiated Medtronic plc (NYSE:MDT) rating on Thursday, March 17. Nomura has “Buy” rating and $86 target. The stock has “Buy” rating by Piper Jaffray on Friday, April 27. UBS maintained Medtronic plc (NYSE:MDT) on Friday, February 17 with “Buy” rating. The firm has “Buy” rating given on Tuesday, August 23 by Citigroup. On Tuesday, September 22 the stock rating was initiated by UBS with “Buy”.

More important recent Medtronic plc (NYSE:MDT) news were published by: Globenewswire.com which released: “Medtronic Announces 2018 Institutional Investor and Analyst Meeting and Webcast” on May 18, 2018, also Seekingalpha.com published article titled: “Medtronic Should Focus On Aggressive Deleveraging”, Globenewswire.com published: “Mike Weinstein to Join Medtronic as Senior Vice President of Strategy” on May 07, 2018. More interesting news about Medtronic plc (NYSE:MDT) was released by: Bizjournals.com and their article: “Polaris, Securian join ranks of Fortune 500 companies; UnitedHealth moves into Top 5 (slideshow)” with publication date: May 21, 2018.

Newell Brands Inc. (NYSE:NWL) Institutional Positions Chart

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