As Merit Med Sys (MMSI) Stock Rose, Columbus Circle Investors Has Decreased Its Position by $1.61 Million; As At&T (T) Valuation Declined, Holder Bridgecreek Investment Management Decreased Position by $324,363

January 6, 2018 - By Marguerite Chambers

Bridgecreek Investment Management Llc decreased its stake in At&T Inc (T) by 7.53% based on its latest 2017Q3 regulatory filing with the SEC. Bridgecreek Investment Management Llc sold 8,317 shares as the company’s stock declined 7.81% while stock markets rallied. The institutional investor held 102,097 shares of the telecommunications equipment company at the end of 2017Q3, valued at $4.00M, down from 110,414 at the end of the previous reported quarter. Bridgecreek Investment Management Llc who had been investing in At&T Inc for a number of months, seems to be less bullish one the $234.14 billion market cap company. The stock increased 0.37% or $0.14 during the last trading session, reaching $38.14. About 22.19M shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since January 6, 2017 and is downtrending. It has underperformed by 17.22% the S&P500.

Donald Chiboucis decreased its stake in Merit Med Sys Inc (MMSI) by 17.67% based on its latest 2017Q3 regulatory filing with the SEC. Columbus Circle Investors sold 38,318 shares as the company’s stock rose 18.76% with the market. The hedge fund run by Donald Chiboucis held 178,532 shares of the health care company at the end of 2017Q3, valued at $7.56M, down from 216,850 at the end of the previous reported quarter. Columbus Circle Investors who had been investing in Merit Med Sys Inc for a number of months, seems to be less bullish one the $2.24B market cap company. The stock decreased 1.00% or $0.45 during the last trading session, reaching $44.7. About 207,218 shares traded. Merit Medical Systems, Inc. (NASDAQ:MMSI) has risen 81.84% since January 6, 2017 and is uptrending. It has outperformed by 65.14% the S&P500.

Since August 3, 2017, it had 0 insider buys, and 6 sales for $1.99 million activity. STANGER KENT W had sold 1,930 shares worth $81,101 on Monday, September 11. ANDERSON A SCOTT sold $1.03M worth of stock.

Analysts await Merit Medical Systems, Inc. (NASDAQ:MMSI) to report earnings on February, 20. They expect $0.32 EPS, up 3.23% or $0.01 from last year’s $0.31 per share. MMSI’s profit will be $16.06M for 34.92 P/E if the $0.32 EPS becomes a reality. After $0.32 actual EPS reported by Merit Medical Systems, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.21, from 1.49 in 2017Q2. It turned negative, as 14 investors sold MMSI shares while 71 reduced holdings. 44 funds opened positions while 65 raised stakes. 44.33 million shares or 0.69% more from 44.02 million shares in 2017Q2 were reported. Acadian Asset Mngmt Ltd invested in 0% or 23 shares. Partner Fund Mngmt Lp, California-based fund reported 707,440 shares. State Bank Of Montreal Can invested 0% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI). 396,374 are held by Arrowstreet Limited Partnership. Dalton Greiner Hartman Maher Com holds 493,019 shares. Tiaa Cref Invest Limited Company owns 0.01% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI) for 233,650 shares. Macquarie Grp Inc Ltd has 0.08% invested in Merit Medical Systems, Inc. (NASDAQ:MMSI). Btc Cap reported 5,369 shares. Aqr Capital Mngmt Limited Liability Corporation reported 0% of its portfolio in Merit Medical Systems, Inc. (NASDAQ:MMSI). Neuberger Berman Grp Inc Ltd Liability Company, New York-based fund reported 304,049 shares. Meeder Asset Management Incorporated holds 0% or 467 shares in its portfolio. Qs Ltd Liability Corporation reported 144,096 shares. Blair William & Il holds 0% or 15,399 shares in its portfolio. Emerald Mutual Fund Advisers Tru reported 239,019 shares or 0.42% of all its holdings. Pnc Services Inc holds 0% in Merit Medical Systems, Inc. (NASDAQ:MMSI) or 51,336 shares.

Among 8 analysts covering Merit Medical (NASDAQ:MMSI), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Merit Medical had 18 analyst reports since October 23, 2015 according to SRatingsIntel. The company was upgraded on Monday, October 26 by Barrington Research. The firm has “Buy” rating given on Tuesday, January 2 by Canaccord Genuity. Wells Fargo maintained the shares of MMSI in report on Thursday, November 30 with “Buy” rating. As per Monday, September 4, the company rating was maintained by Canaccord Genuity. On Sunday, October 8 the stock rating was maintained by Canaccord Genuity with “Buy”. The firm earned “Buy” rating on Monday, July 10 by Canaccord Genuity. The firm has “Buy” rating given on Thursday, October 26 by Canaccord Genuity. Bank of America initiated it with “Buy” rating and $4400 target in Thursday, July 20 report. The firm has “Mkt Perform” rating given on Friday, October 23 by Barrington Research. The company was downgraded on Monday, August 28 by Raymond James.

Columbus Circle Investors, which manages about $17.54B and $5.87B US Long portfolio, upped its stake in Brooks Automation Inc (NASDAQ:BRKS) by 39,799 shares to 193,904 shares, valued at $5.89 million in 2017Q3, according to the filing. It also increased its holding in Teligent Inc New by 97,642 shares in the quarter, for a total of 276,472 shares, and has risen its stake in Trimble Inc (NASDAQ:TRMB).

Analysts await AT&T Inc. (NYSE:T) to report earnings on January, 24. They expect $0.65 EPS, down 1.52% or $0.01 from last year’s $0.66 per share. T’s profit will be $3.99B for 14.67 P/E if the $0.65 EPS becomes a reality. After $0.74 actual EPS reported by AT&T Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth.

Investors sentiment increased to 1.17 in Q3 2017. Its up 0.02, from 1.15 in 2017Q2. It is positive, as 77 investors sold T shares while 609 reduced holdings. 106 funds opened positions while 696 raised stakes. 3.34 billion shares or 1.04% more from 3.31 billion shares in 2017Q2 were reported. Paw Cap holds 2.46% of its portfolio in AT&T Inc. (NYSE:T) for 60,000 shares. Sabal Tru stated it has 3.26% of its portfolio in AT&T Inc. (NYSE:T). First Hawaiian Retail Bank stated it has 0.23% of its portfolio in AT&T Inc. (NYSE:T). Fort Washington Inv Advsrs Oh holds 1.29% of its portfolio in AT&T Inc. (NYSE:T) for 2.13 million shares. 55,508 were reported by Tci Wealth. 329,078 were reported by Fukoku Mutual Life Ins Co. Destination Wealth has 338,465 shares for 0.85% of their portfolio. Swarthmore Grp Inc Inc stated it has 0.13% of its portfolio in AT&T Inc. (NYSE:T). Beddow Mngmt has invested 0.11% in AT&T Inc. (NYSE:T). Davenport And Company Limited Liability holds 241,424 shares or 0.12% of its portfolio. Arcadia Invest Mi holds 1,989 shares. Moreover, Trust Com Of Virginia Va has 1.76% invested in AT&T Inc. (NYSE:T). Strategic Global reported 23,888 shares. Whittier Trust Of Nevada stated it has 0.74% in AT&T Inc. (NYSE:T). Pittenger Anderson Inc invested in 127,085 shares or 0.45% of the stock.

Bridgecreek Investment Management Llc, which manages about $625.00 million and $368.14M US Long portfolio, upped its stake in Amazon.Com Inc (NASDAQ:AMZN) by 715 shares to 12,080 shares, valued at $11.61M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr Msci Eafe Index (EFA) by 29,600 shares in the quarter, for a total of 52,737 shares, and has risen its stake in Oneok Inc (NYSE:OKE).

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