World Asset Management Has Raised Holding in Intuitive Surgical New (ISRG) by $2.35 Million; Sanofi (SNY) Market Value Declined While Royal Bank Of Canada Trimmed Its Stake

May 27, 2018 - By Vivian Park

Intuitive Surgical, Inc. (NASDAQ:ISRG) Logo

World Asset Management Inc increased its stake in Intuitive Surgical Inc New (ISRG) by 179.41% based on its latest 2017Q4 regulatory filing with the SEC. World Asset Management Inc bought 6,466 shares as the company’s stock rose 11.58% while stock markets declined. The institutional investor held 10,070 shares of the health care company at the end of 2017Q4, valued at $3.68M, up from 3,604 at the end of the previous reported quarter. World Asset Management Inc who had been investing in Intuitive Surgical Inc New for a number of months, seems to be bullish on the $51.73 billion market cap company. The stock decreased 0.27% or $1.23 during the last trading session, reaching $456.56. About 414,632 shares traded. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 58.43% since May 27, 2017 and is uptrending. It has outperformed by 46.88% the S&P500.

Royal Bank Of Canada decreased its stake in Sanofi (SNY) by 12.45% based on its latest 2017Q4 regulatory filing with the SEC. Royal Bank Of Canada sold 214,728 shares as the company’s stock declined 8.41% with the market. The institutional investor held 1.51 million shares of the major pharmaceuticals company at the end of 2017Q4, valued at $64.91 million, down from 1.72 million at the end of the previous reported quarter. Royal Bank Of Canada who had been investing in Sanofi for a number of months, seems to be less bullish one the $95.72 billion market cap company. The stock decreased 0.93% or $0.36 during the last trading session, reaching $38.28. About 561,588 shares traded. Sanofi (NYSE:SNY) has declined 13.31% since May 27, 2017 and is downtrending. It has underperformed by 24.86% the S&P500.

More notable recent Sanofi (NYSE:SNY) news were published by: Nasdaq.com which released: “Sanofi and Ablynx Announce the Successful Results of the Initial Tender Offer Period for Ablynx and Commencement …” on May 14, 2018, also Streetinsider.com with their article: “Sanofi (SNY) & Regeneron (REGN) Report Dupixent (dupilumab) Showed Positive Phase 3 Results in Adolescents …” published on May 16, 2018, Streetinsider.com published: “Sanofi (SNY) and Regeneron (REGN) to Lower Net Price of Praluent; Praluent will become Exclusive PCSK9 inhibitor …” on May 01, 2018. More interesting news about Sanofi (NYSE:SNY) were released by: Finance.Yahoo.com and their article: “3 Warren Buffett Stocks With Dividend Yields Over 4%” published on May 23, 2018 as well as Streetinsider.com‘s news article titled: “Lexicon Pharma (LXRX), Sanofi (SNY) Announce FDA to Review Zynquista as Potential Treatment for Type 1 Diabetes” with publication date: May 22, 2018.

Among 12 analysts covering Sanofi-aventis Sa (NYSE:SNY), 1 have Buy rating, 2 Sell and 9 Hold. Therefore 8% are positive. Sanofi-aventis Sa had 25 analyst reports since October 15, 2015 according to SRatingsIntel. Morgan Stanley upgraded the stock to “Overweight” rating in Thursday, October 15 report. As per Tuesday, September 13, the company rating was upgraded by BNP Paribas. The stock of Sanofi (NYSE:SNY) earned “Hold” rating by Cowen & Co on Friday, October 13. The firm earned “Neutral” rating on Friday, April 21 by JP Morgan. The company was downgraded on Friday, December 1 by Morgan Stanley. Bernstein downgraded the shares of SNY in report on Monday, November 9 to “Mkt Perform” rating. The stock has “Neutral” rating by Piper Jaffray on Friday, September 23. The company was maintained on Friday, March 31 by JP Morgan. The stock has “Hold” rating by HSBC on Wednesday, August 30. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, November 15.

Royal Bank Of Canada, which manages about $227.74 billion US Long portfolio, upped its stake in Shire Plc (NASDAQ:SHPG) by 23,076 shares to 78,599 shares, valued at $12.19 million in 2017Q4, according to the filing. It also increased its holding in Comcast Corp New (Call) (NASDAQ:CMCSA) by 3.01 million shares in the quarter, for a total of 5.76M shares, and has risen its stake in Blackrock Science & Tech Tr.

World Asset Management Inc, which manages about $17.12B and $2.99B US Long portfolio, decreased its stake in Microsoft Corp Com (NASDAQ:MSFT) by 52,280 shares to 705,323 shares, valued at $60.33 million in 2017Q4, according to the filing. It also reduced its holding in Ill Tool Wks Inc Com (NYSE:ITW) by 2,934 shares in the quarter, leaving it with 30,166 shares, and cut its stake in Salesforce.Com Inc (NYSE:CRM).

More important recent Intuitive Surgical, Inc. (NASDAQ:ISRG) news were published by: Nasdaq.com which released: “New Study Shows Robotic-Assisted Surgery Benefits for Inguinal Hernia Repair” on May 03, 2018, also Seekingalpha.com published article titled: “Intuitive Surgical At The Cutting Edge”, Nasdaq.com published: “Carve Through Weakness in Mazor Robotics Ltd. Stock With Surgical Precision” on May 14, 2018. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) was released by: Investorplace.com and their article: “Does Intuitive Surgical, Inc. Have Any More Room to Run?” with publication date: May 11, 2018.

Among 20 analysts covering Intuitive Surgical Inc (NASDAQ:ISRG), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. Intuitive Surgical Inc had 77 analyst reports since July 22, 2015 according to SRatingsIntel. J.P. Morgan maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) on Friday, July 21 with “Buy” rating. On Thursday, January 18 the stock rating was maintained by Leerink Swann with “Buy”. The firm has “Hold” rating given on Tuesday, January 2 by Canaccord Genuity. As per Friday, October 20, the company rating was maintained by Morgan Stanley. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) has “Outperform” rating given on Friday, August 26 by Raymond James. Stifel Nicolaus maintained it with “Buy” rating and $515 target in Wednesday, April 18 report. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) earned “Under Perform” rating by Northland Capital on Thursday, July 21. Morgan Stanley upgraded the shares of ISRG in report on Monday, January 4 to “Overweight” rating. Piper Jaffray maintained it with “Hold” rating and $90000 target in Thursday, July 20 report. The rating was upgraded by Vetr to “Strong-Buy” on Wednesday, September 2.

Investors sentiment increased to 12.48 in Q4 2017. Its up 11.44, from 1.04 in 2017Q3. It is positive, as 23 investors sold ISRG shares while 21 reduced holdings. 91 funds opened positions while 458 raised stakes. 191.92 million shares or 430.23% more from 36.20 million shares in 2017Q3 were reported. Citadel Advsr Limited Company has 0.03% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG). Lord Abbett & Communications Limited Liability Corporation owns 138,872 shares or 0.14% of their US portfolio. Stevens Capital Ltd Partnership, Pennsylvania-based fund reported 36,748 shares. Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.26% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Of Vermont has 1,333 shares for 0.05% of their portfolio. 11,340 were reported by Hikari Tsushin. Bankshares Of Montreal Can reported 158,747 shares. Peak6 LP stated it has 24,873 shares or 0.04% of all its holdings. Moreover, Cornerstone Capital Mngmt Ltd Liability has 0.11% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 43,771 shares. Bridgecreek Investment Lc owns 32,125 shares. Washington Trust Retail Bank accumulated 0% or 39 shares. Daiwa Sb Investments Limited owns 0.31% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 3,240 shares. 1,777 were reported by Atria Ltd Com. Td Asset has invested 0.11% in Intuitive Surgical, Inc. (NASDAQ:ISRG). State Of Tennessee Treasury Department reported 0.06% in Intuitive Surgical, Inc. (NASDAQ:ISRG).

Since January 30, 2018, it had 0 insider buys, and 24 selling transactions for $117.80 million activity. On Tuesday, April 24 MOHR MARSHALL sold $3.37M worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) or 7,500 shares. Shares for $3.34 million were sold by Brogna Salvatore. Shares for $430,000 were sold by RUBASH MARK J on Tuesday, March 6. $999,198 worth of stock was sold by Friedman Michael A on Thursday, April 19. $21.31M worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by SMITH LONNIE M on Thursday, April 19. On Monday, February 5 GUTHART GARY S sold $11.82 million worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) or 28,525 shares.

Intuitive Surgical, Inc. (NASDAQ:ISRG) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>