As Medtronic Plc (MDT) Market Valuation Rose, Evercore Wealth Management Lifted Holding; Dynamo Internacional Gestao De Recursos Ltda Position In Mercadolibre (MELI) Was Has Lifted

January 19, 2018 - By Kurt Siggers

Dynamo Internacional Gestao De Recursos Ltda increased its stake in Mercadolibre Inc (MELI) by 152.07% based on its latest 2017Q3 regulatory filing with the SEC. Dynamo Internacional Gestao De Recursos Ltda bought 210,452 shares as the company’s stock rose 37.36% with the market. The institutional investor held 348,848 shares of the miscellaneous company at the end of 2017Q3, valued at $88.36M, up from 138,396 at the end of the previous reported quarter. Dynamo Internacional Gestao De Recursos Ltda who had been investing in Mercadolibre Inc for a number of months, seems to be bullish on the $15.15 billion market cap company. The stock increased 0.34% or $1.15 during the last trading session, reaching $343.03. About 187,864 shares traded. Mercadolibre, Inc. (NASDAQ:MELI) has risen 106.82% since January 19, 2017 and is uptrending. It has outperformed by 90.12% the S&P500.

Evercore Wealth Management Llc increased its stake in Medtronic Plc (MDT) by 87.18% based on its latest 2017Q3 regulatory filing with the SEC. Evercore Wealth Management Llc bought 15,812 shares as the company’s stock rose 5.51% with the market. The institutional investor held 33,949 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q3, valued at $2.64 million, up from 18,137 at the end of the previous reported quarter. Evercore Wealth Management Llc who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $117.17B market cap company. The stock decreased 0.79% or $0.69 during the last trading session, reaching $86.57. About 4.31M shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since January 19, 2017 and is uptrending. It has underperformed by 12.66% the S&P500.

Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.22, from 0.9 in 2017Q2. It increased, as 73 investors sold MDT shares while 392 reduced holdings. 109 funds opened positions while 414 raised stakes. 1.07 billion shares or 1.07% more from 1.06 billion shares in 2017Q2 were reported. Hbk Sorce Advisory Ltd Llc invested in 3,389 shares. Golub Grp Inc Ltd Liability Company invested 2.64% in Medtronic plc (NYSE:MDT). Cwm Ltd Liability Corporation invested in 0.25% or 67,406 shares. Hotchkis And Wiley Llc holds 0.69% of its portfolio in Medtronic plc (NYSE:MDT) for 2.24M shares. Tcw Group Incorporated Incorporated holds 802,317 shares. Keybank Association Oh stated it has 241,210 shares or 0.11% of all its holdings. Whittier Trust Of Nevada reported 0.13% in Medtronic plc (NYSE:MDT). Bluecrest Capital Limited owns 128,623 shares or 0.41% of their US portfolio. Forbes J M And Co Ltd Liability Partnership holds 2.38% of its portfolio in Medtronic plc (NYSE:MDT) for 122,693 shares. Everence Mgmt has invested 0.5% in Medtronic plc (NYSE:MDT). Dowling Yahnke Limited Liability invested in 0.21% or 26,316 shares. Glg Ltd Company owns 90,406 shares. 110,063 were reported by Bokf Na. Centurylink Invest invested in 8,898 shares. Guyasuta stated it has 0.03% of its portfolio in Medtronic plc (NYSE:MDT).

Evercore Wealth Management Llc, which manages about $4.87B and $2.57 billion US Long portfolio, decreased its stake in Berkshire Hathaway Inc Del (BRKB) by 5,081 shares to 204,167 shares, valued at $37.43M in 2017Q3, according to the filing. It also reduced its holding in Autonation Inc (NYSE:AN) by 7,269 shares in the quarter, leaving it with 372,326 shares, and cut its stake in 3M Co (NYSE:MMM).

Among 28 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 9 Hold. Therefore 68% are positive. Medtronic had 78 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Tuesday, October 10 by BMO Capital Markets. Jefferies maintained Medtronic plc (NYSE:MDT) on Tuesday, September 26 with “Buy” rating. The stock of Medtronic plc (NYSE:MDT) earned “Buy” rating by Needham on Friday, August 26. The firm earned “Buy” rating on Monday, July 31 by Deutsche Bank. UBS maintained Medtronic plc (NYSE:MDT) rating on Friday, February 17. UBS has “Buy” rating and $94 target. The rating was maintained by Jefferies on Friday, September 4 with “Hold”. Stifel Nicolaus maintained the shares of MDT in report on Tuesday, August 22 with “Hold” rating. The stock of Medtronic plc (NYSE:MDT) earned “Buy” rating by Deutsche Bank on Thursday, June 2. Stifel Nicolaus maintained Medtronic plc (NYSE:MDT) rating on Wednesday, November 22. Stifel Nicolaus has “Hold” rating and $85.0 target. The firm has “Buy” rating by Citigroup given on Tuesday, August 23.

Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.21, from 1.37 in 2017Q2. It worsened, as 42 investors sold MELI shares while 92 reduced holdings. 46 funds opened positions while 109 raised stakes. 35.73 million shares or 0.12% less from 35.78 million shares in 2017Q2 were reported. Axa has 0.02% invested in Mercadolibre, Inc. (NASDAQ:MELI). Moreover, Product Prns Lc has 0.81% invested in Mercadolibre, Inc. (NASDAQ:MELI). Daiwa Secs Grp Incorporated Incorporated holds 0% in Mercadolibre, Inc. (NASDAQ:MELI) or 2,180 shares. Royal Comml Bank Of Canada holds 0.01% or 106,812 shares in its portfolio. Neuberger Berman Limited Liability Company holds 82,553 shares. Bancshares Of Nova Scotia has invested 0.03% of its portfolio in Mercadolibre, Inc. (NASDAQ:MELI). Calamos Advsrs Lc accumulated 0.02% or 8,710 shares. Ig Management Limited reported 0.01% in Mercadolibre, Inc. (NASDAQ:MELI). First LP holds 23,336 shares or 0.02% of its portfolio. D E Shaw And Co Inc has 0.01% invested in Mercadolibre, Inc. (NASDAQ:MELI). California State Teachers Retirement Sys reported 1,787 shares. Regal Investment Advsrs Limited Liability reported 828 shares or 0.05% of all its holdings. Moreover, Guggenheim Capital Limited Liability Corp has 0.02% invested in Mercadolibre, Inc. (NASDAQ:MELI). Sigma Invest Counselors Inc has 0.06% invested in Mercadolibre, Inc. (NASDAQ:MELI). Cubist Systematic Strategies Ltd Co holds 0.05% or 3,420 shares in its portfolio.

Among 15 analysts covering MercadoLibre (NASDAQ:MELI), 5 have Buy rating, 2 Sell and 8 Hold. Therefore 33% are positive. MercadoLibre had 35 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Susquehanna given on Monday, December 5. The stock of Mercadolibre, Inc. (NASDAQ:MELI) earned “Overweight” rating by Barclays Capital on Monday, October 30. The rating was maintained by Barclays Capital on Wednesday, July 19 with “Overweight”. Citigroup downgraded the shares of MELI in report on Wednesday, December 20 to “Sell” rating. As per Monday, June 19, the company rating was upgraded by Citigroup. The rating was maintained by Piper Jaffray on Thursday, July 13 with “Buy”. The rating was maintained by Credit Suisse with “Outperform” on Friday, November 3. The firm has “Sector Weight” rating given on Monday, October 23 by KeyBanc Capital Markets. The company was downgraded on Monday, September 28 by Citigroup. The stock of Mercadolibre, Inc. (NASDAQ:MELI) has “Overweight” rating given on Friday, September 2 by JP Morgan.

Dynamo Internacional Gestao De Recursos Ltda, which manages about $694.98M US Long portfolio, decreased its stake in Anheuser Busch Inbev Sa/Nv (NYSE:BUD) by 14,678 shares to 31,811 shares, valued at $3.80M in 2017Q3, according to the filing. It also reduced its holding in Spectrum Brands Hldgs Inc424456 (NYSE:SPB) by 154,208 shares in the quarter, leaving it with 475,744 shares, and cut its stake in Coty Inc (NYSE:COTY).

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.

Free Email Newsletter

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


Recent Posts