Intuitive Surgical (ISRG) Holder Bender Robert & Associates Lowered Position by $701,224 as Stock Value Rose; Cooke & Bieler LP Decreased Its Laboratory Corp. Of America (LH) Holding as Stock Rose

June 19, 2018 - By Winifred Garcia

Laboratory Corporation of America Holdings (NYSE:LH) Logo

Cooke & Bieler Lp decreased its stake in Laboratory Corp. Of America (LH) by 10.49% based on its latest 2018Q1 regulatory filing with the SEC. Cooke & Bieler Lp sold 69,794 shares as the company’s stock rose 4.18% while stock markets declined. The institutional investor held 595,359 shares of the medical specialities company at the end of 2018Q1, valued at $96.30 million, down from 665,153 at the end of the previous reported quarter. Cooke & Bieler Lp who had been investing in Laboratory Corp. Of America for a number of months, seems to be less bullish one the $19.07 billion market cap company. The stock increased 0.25% or $0.46 during the last trading session, reaching $186.37. About 260,925 shares traded. Laboratory Corporation of America Holdings (NYSE:LH) has risen 28.45% since June 19, 2017 and is uptrending. It has outperformed by 15.88% the S&P500. Some Historical LH News: 30/04/2018 – LabCorp Didn’t Disclose Further Terms of Deal Witth Eurofin; 09/03/2018 – Covance Forms Immunology & Immunotoxicology Unit Focused on Biologic Drug Development; 21/03/2018 – Report: Developing Opportunities within Roper Technologies, Basic Energy Services, Laboratory Corporation of America, Brown For; 30/04/2018 – LabCorp: Deal With Eurofins Is All-Cash Transaction; 27/04/2018 – News On Airware Labs Corp. (AIRW) Now Under INLB; 24/04/2018 – LabCorp and Mount Sinai Health System Enhance Laboratory Operations to Improve Patient Care; 20/03/2018 – INTERPACE DIAGNOSTICS REPORTS EXPANSION OF LABCORP NATIONAL PAC; 25/05/2018 – LABCORP TO BECOME A PFD NATIONAL LABORATORY FOR AETNA; 24/05/2018 – UnitedHealthcare Establishes Long-term Strategic Partnership with LabCorp; 26/04/2018 – Airware Labs Announces Name Change to ltem 9 Labs Corp. and New Ticker Symbol “INLB”

Bender Robert & Associates decreased its stake in Intuitive Surgical Inc (ISRG) by 4.51% based on its latest 2018Q1 regulatory filing with the SEC. Bender Robert & Associates sold 1,702 shares as the company’s stock rose 5.69% while stock markets declined. The institutional investor held 35,995 shares of the health care company at the end of 2018Q1, valued at $14.86 million, down from 37,697 at the end of the previous reported quarter. Bender Robert & Associates who had been investing in Intuitive Surgical Inc for a number of months, seems to be less bullish one the $55.24 billion market cap company. The stock decreased 0.63% or $3.07 during the last trading session, reaching $487.6. About 391,606 shares traded. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 50.92% since June 19, 2017 and is uptrending. It has outperformed by 38.35% the S&P500. Some Historical ISRG News: 29/05/2018 – INTUITIVE SURGICAL INC ISRG.O – ANNOUNCED TODAY IT HAS BEGUN DIRECT OPERATIONS IN INDIA; 16/04/2018 – Intuitive Surgical Inc expected to post earnings of $2.07 a share – Earnings Preview; 17/04/2018 – After-hours buzz: IBM, ISRG, UAL & more; 17/04/2018 – INTUITIVE SURGICAL 1Q ADJ EPS $2.44; 17/04/2018 – INTUITIVE SURGICAL 1Q REV. $848M, EST. $778.5M; 03/05/2018 – Intuitive Surgical at Bank of America Conference May 15; 02/05/2018 – Intuitive Surgical Presenting at Conference May 15; 17/04/2018 – INTUITIVE CLIMBS 6% POST-MARKET AS 1Q RESULTS BEAT ESTIMATES; 17/04/2018 – Intuitive Surgical 1Q Net $288M; 03/05/2018 – New Study Shows Robotic-Assisted Surgery Benefits for Inguinal Hernia Repair

Investors sentiment decreased to 1.13 in Q1 2018. Its down 11.35, from 12.48 in 2017Q4. It turned negative, as 44 investors sold ISRG shares while 208 reduced holdings. 89 funds opened positions while 195 raised stakes. 94.20 million shares or 50.91% less from 191.92 million shares in 2017Q4 were reported. Ls Invest Advsr, a Michigan-based fund reported 4,019 shares. Jacobson Schmitt Advsr Llc accumulated 39 shares. Williams Jones And Associates Ltd Com invested 0.02% in Intuitive Surgical, Inc. (NASDAQ:ISRG). Benjamin F Edwards & accumulated 543 shares. Advantus has 0.12% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 11,695 shares. Panagora Asset Mngmt reported 114,522 shares stake. Orbimed Advsr Ltd has 0.52% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 102,000 shares. 178,824 are held by Bancorporation Of Montreal Can. Jaffetilchin Inv Ptnrs Ltd Liability holds 0.13% in Intuitive Surgical, Inc. (NASDAQ:ISRG) or 1,419 shares. Carroll Fincl Assocs has 18 shares for 0% of their portfolio. Gamco Investors Et Al, New York-based fund reported 1,168 shares. Pathstone Family Office Lc invested in 0.01% or 21 shares. Lpl Financial Ltd Llc owns 16,986 shares for 0.02% of their portfolio. Bluecrest Management Limited holds 0.01% or 921 shares. Stratos Wealth Prtn Limited has 0.01% invested in Intuitive Surgical, Inc. (NASDAQ:ISRG) for 680 shares.

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 79 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ISRG in report on Wednesday, April 18 with “Hold” rating. As per Thursday, July 20, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Canaccord Genuity with “Hold” on Wednesday, April 18. The firm earned “Buy” rating on Monday, April 9 by Cantor Fitzgerald. Stifel Nicolaus maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) rating on Friday, January 22. Stifel Nicolaus has “Buy” rating and $640 target. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, April 18. Wedbush maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) on Tuesday, October 10 with “Buy” rating. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) earned “Buy” rating by Goldman Sachs on Thursday, November 16. The firm has “Hold” rating by Canaccord Genuity given on Monday, July 10. The stock has “Buy” rating by Bank of America on Wednesday, April 18.

More important recent Intuitive Surgical, Inc. (NASDAQ:ISRG) news were published by: Globenewswire.com which released: “Intuitive to Begin Direct Operations in India” on May 30, 2018, also Nasdaq.com published article titled: “Consolidated Research: 2018 Summary Expectations for Antero Midstream Partners LP, Lam Research, TransUnion …”, Benzinga.com published: “A New Automation ETF For Traders Who Haven’t Yet Been Replaced By Robots” on June 13, 2018. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) was released by: Nasdaq.com and their article: “Market Trends Toward New Normal in Neogen, Intuitive Surgical, IDT, Government Properties Income Trust, Everbridge …” with publication date: June 13, 2018.

Since January 30, 2018, it had 0 insider buys, and 30 selling transactions for $128.57 million activity. $24.68M worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by Rosa David J.. Myriam Curet sold 8,078 shares worth $3.81 million. 7,500 shares were sold by MOHR MARSHALL, worth $3.11M. SMITH LONNIE M also sold $21.31M worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) shares. Another trade for 6,000 shares valued at $2.90 million was made by MELTZER MARK J on Thursday, June 7. On Monday, March 5 the insider RUBASH MARK J sold $420,006.

Analysts await Intuitive Surgical, Inc. (NASDAQ:ISRG) to report earnings on July, 19. They expect $2.02 EPS, up 20.24% or $0.34 from last year’s $1.68 per share. ISRG’s profit will be $228.86M for 60.35 P/E if the $2.02 EPS becomes a reality. After $2.44 actual EPS reported by Intuitive Surgical, Inc. for the previous quarter, Wall Street now forecasts -17.21% negative EPS growth.

Cooke & Bieler Lp, which manages about $4.81 billion and $5.35B US Long portfolio, upped its stake in Donaldson (NYSE:DCI) by 204,450 shares to 648,535 shares, valued at $29.22 million in 2018Q1, according to the filing. It also increased its holding in Tenneco Inc (NYSE:TEN) by 14,260 shares in the quarter, for a total of 739,711 shares, and has risen its stake in Now Inc. (NYSE:DNOW).

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.12, from 1.2 in 2017Q4. It dropped, as 26 investors sold LH shares while 233 reduced holdings. 74 funds opened positions while 206 raised stakes. 91.81 million shares or 0.38% more from 91.47 million shares in 2017Q4 were reported. Df Dent Communication invested 0.07% of its portfolio in Laboratory Corporation of America Holdings (NYSE:LH). Jane Street Gp Limited Liability Company holds 0.01% or 15,034 shares. Moreover, Chatham Cap Grp has 0.07% invested in Laboratory Corporation of America Holdings (NYSE:LH). Penobscot Management Incorporated invested in 0.08% or 2,060 shares. Hourglass Cap Llc reported 1,300 shares. Schroder Invest Grp, Maine-based fund reported 202,983 shares. Jefferies Group reported 36,183 shares. Nuwave Investment Ltd Liability Co reported 2,790 shares. Winslow Evans & Crocker holds 7,156 shares or 0% of its portfolio. Voya Invest Mgmt Ltd Limited Liability Company invested in 52,121 shares. Moreover, Alpine Woods Invsts Ltd Liability Corporation has 0.11% invested in Laboratory Corporation of America Holdings (NYSE:LH). Alliancebernstein Limited Partnership has 0.02% invested in Laboratory Corporation of America Holdings (NYSE:LH). Mutual Of America Capital Limited Liability stated it has 0.03% in Laboratory Corporation of America Holdings (NYSE:LH). Daiwa Secs has invested 0% in Laboratory Corporation of America Holdings (NYSE:LH). Weik reported 0.1% stake.

Analysts await Laboratory Corporation of America Holdings (NYSE:LH) to report earnings on July, 25. They expect $2.91 EPS, up 17.81% or $0.44 from last year’s $2.47 per share. LH’s profit will be $297.70 million for 16.01 P/E if the $2.91 EPS becomes a reality. After $2.78 actual EPS reported by Laboratory Corporation of America Holdings for the previous quarter, Wall Street now forecasts 4.68% EPS growth.

Among 20 analysts covering Laboratory Corp (NYSE:LH), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Laboratory Corp had 67 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Thursday, October 26. The rating was maintained by Credit Suisse with “Outperform” on Thursday, March 8. The rating was maintained by Mizuho with “Neutral” on Friday, February 17. The stock has “Buy” rating by Craig Hallum on Thursday, July 27. Canaccord Genuity maintained Laboratory Corporation of America Holdings (NYSE:LH) rating on Wednesday, February 28. Canaccord Genuity has “Buy” rating and $195 target. Craig Hallum maintained Laboratory Corporation of America Holdings (NYSE:LH) rating on Wednesday, February 7. Craig Hallum has “Buy” rating and $204.0 target. Mizuho maintained Laboratory Corporation of America Holdings (NYSE:LH) on Wednesday, July 29 with “Neutral” rating. SunTrust maintained the shares of LH in report on Thursday, January 11 with “Buy” rating. The firm has “Hold” rating given on Wednesday, July 12 by Credit Suisse. KeyBanc Capital Markets downgraded Laboratory Corporation of America Holdings (NYSE:LH) on Tuesday, June 27 to “Sector Weight” rating.

Since February 7, 2018, it had 0 insider purchases, and 12 sales for $34.00 million activity. 13,000 Laboratory Corporation of America Holdings (NYSE:LH) shares with value of $2.38 million were sold by Dodson Edward T. 5,500 shares were sold by BERBERIAN LANCE, worth $1.00M. ANDERSON KERRII B had sold 3,300 shares worth $548,124. $213,813 worth of stock was sold by Schechter Adam H on Wednesday, February 7. $228,967 worth of Laboratory Corporation of America Holdings (NYSE:LH) shares were sold by Gilliland Dwight Gary. Uthgenannt Lisa J also sold $819,451 worth of Laboratory Corporation of America Holdings (NYSE:LH) on Monday, June 4.

More news for Laboratory Corporation of America Holdings (NYSE:LH) were recently published by: Businesswire.com, which released: “LabCorp Expands Drug Development Solutions with Acquisition of Sciformix” on June 11, 2018. Bizjournals.com‘s article titled: “LabCorp CEO brings in $4.5 million from exercising, selling stock” and published on May 29, 2018 is yet another important article.

Laboratory Corporation of America Holdings (NYSE:LH) Institutional Positions Chart

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