WINTON GROUP Ltd Trims Position in Intuitive Surgical, Inc. (ISRG)

WINTON GROUP Ltd lowered its holdings in Intuitive Surgical, Inc. (NASDAQ:ISRG) by 44.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,421 shares of the medical equipment provider’s stock after selling 1,153 shares during the period. WINTON GROUP Ltd’s holdings in Intuitive Surgical were worth $1,329,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BlackRock Inc. raised its holdings in shares of Intuitive Surgical by 2,770.9% during the first quarter. BlackRock Inc. now owns 2,846,621 shares of the medical equipment provider’s stock valued at $2,181,851,000 after buying an additional 2,747,465 shares during the last quarter. Koch Industries Inc. raised its holdings in shares of Intuitive Surgical by 202,917.0% during the second quarter. Koch Industries Inc. now owns 1,388,636 shares of the medical equipment provider’s stock valued at $1,387,000 after buying an additional 1,387,952 shares during the last quarter. FMR LLC raised its holdings in shares of Intuitive Surgical by 19.6% during the second quarter. FMR LLC now owns 2,724,964 shares of the medical equipment provider’s stock valued at $2,548,849,000 after buying an additional 447,397 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of Intuitive Surgical by 7,931.4% during the second quarter. Janus Henderson Group PLC now owns 412,170 shares of the medical equipment provider’s stock valued at $385,532,000 after buying an additional 407,038 shares during the last quarter. Finally, Edgewood Management LLC raised its holdings in shares of Intuitive Surgical by 38.8% during the first quarter. Edgewood Management LLC now owns 919,617 shares of the medical equipment provider’s stock valued at $704,859,000 after buying an additional 257,165 shares during the last quarter. 31.40% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2017/10/28/winton-group-ltd-sells-1153-shares-of-intuitive-surgical-inc-isrg.html.

Several equities research analysts recently commented on the company. Royal Bank Of Canada reissued a “hold” rating and set a $111.11 target price on shares of Intuitive Surgical in a report on Friday, July 21st. Vetr cut Intuitive Surgical from a “buy” rating to a “hold” rating and set a $111.83 target price on the stock. in a report on Wednesday, August 16th. Citigroup Inc. reissued a “buy” rating and set a $119.78 target price (up previously from $101.89) on shares of Intuitive Surgical in a report on Monday, July 24th. Wells Fargo & Company reissued a “buy” rating on shares of Intuitive Surgical in a report on Monday, October 16th. Finally, Canaccord Genuity reissued a “hold” rating and set a $96.67 target price on shares of Intuitive Surgical in a report on Tuesday, July 11th. Five investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $154.72.

In related news, insider Craig H. Barratt sold 15,000 shares of Intuitive Surgical stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $371.18, for a total transaction of $5,567,700.00. Following the sale, the insider now directly owns 7,500 shares of the company’s stock, valued at approximately $2,783,850. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark J. Meltzer sold 500 shares of Intuitive Surgical stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $1,025.00, for a total transaction of $512,500.00. Following the sale, the senior vice president now directly owns 2,796 shares in the company, valued at $2,865,900. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,076 shares of company stock worth $12,975,061. Insiders own 2.20% of the company’s stock.

Intuitive Surgical, Inc. (NASDAQ:ISRG) traded up 0.38% on Friday, hitting $373.78. 762,473 shares of the stock traded hands. The firm’s 50 day moving average is $353.17 and its 200 day moving average is $316.43. Intuitive Surgical, Inc. has a 52 week low of $203.57 and a 52 week high of $378.32. The stock has a market cap of $41.66 billion, a price-to-earnings ratio of 53.71 and a beta of 0.39.

Intuitive Surgical (NASDAQ:ISRG) last posted its earnings results on Thursday, October 19th. The medical equipment provider reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.78. Intuitive Surgical had a net margin of 30.16% and a return on equity of 18.20%. The company had revenue of $806.10 million during the quarter, compared to analysts’ expectations of $753.25 million. During the same quarter last year, the company posted $2.06 EPS. Intuitive Surgical’s quarterly revenue was up 18.0% compared to the same quarter last year. Equities analysts anticipate that Intuitive Surgical, Inc. will post $8.73 earnings per share for the current year.

Intuitive Surgical Profile

Intuitive Surgical, Inc (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon’s hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports.

Institutional Ownership by Quarter for Intuitive Surgical (NASDAQ:ISRG)

Receive News & Ratings for Intuitive Surgical Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Surgical Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply