Compass Capital Management Continues to Hold Position in Medtronic Plc (MDT); Minerva Advisors Has Raised Its Entercom Communications (ETM) Position by $1.12 Million as Stock Declined

May 24, 2018 - By Adrian Erickson

Entercom Communications Corp. (NYSE:ETM) Logo

Compass Capital Management Inc increased its stake in Medtronic Plc (MDT) by 4.44% based on its latest 2017Q4 regulatory filing with the SEC. Compass Capital Management Inc bought 12,871 shares as the company’s stock declined 4.15% with the market. The institutional investor held 302,793 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q4, valued at $24.45M, up from 289,922 at the end of the previous reported quarter. Compass Capital Management Inc who had been investing in Medtronic Plc for a number of months, seems to be bullish on the $115.56 billion market cap company. The stock increased 0.34% or $0.29 during the last trading session, reaching $85.26. About 5.24 million shares traded or 5.04% up from the average. Medtronic plc (NYSE:MDT) has declined 3.54% since May 24, 2017 and is downtrending. It has underperformed by 15.09% the S&P500.

Minerva Advisors Llc increased its stake in Entercom Communications (ETM) by 73.58% based on its latest 2017Q4 regulatory filing with the SEC. Minerva Advisors Llc bought 112,487 shares as the company’s stock declined 16.30% with the market. The hedge fund held 265,360 shares of the broadcasting company at the end of 2017Q4, valued at $2.87 million, up from 152,873 at the end of the previous reported quarter. Minerva Advisors Llc who had been investing in Entercom Communications for a number of months, seems to be bullish on the $1.05 billion market cap company. The stock decreased 2.61% or $0.2 during the last trading session, reaching $7.45. About 1.60M shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 31.27% since May 24, 2017 and is downtrending. It has underperformed by 42.82% the S&P500.

Since March 9, 2018, it had 12 buys, and 0 insider sales for $30.12 million activity. On Wednesday, May 16 Philips Robert E bought $50,009 worth of Entercom Communications Corp. (NYSE:ETM) or 6,289 shares.

Another recent and important Entercom Communications Corp. (NYSE:ETM) news was published by Seekingalpha.com which published an article titled: “Entercom Communications’ (ETM) CEO David Field on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018.

Investors sentiment increased to 7.95 in 2017 Q4. Its up 6.45, from 1.5 in 2017Q3. It increased, as 9 investors sold ETM shares while 11 reduced holdings. 92 funds opened positions while 67 raised stakes. 222.30 million shares or 760.66% more from 25.83 million shares in 2017Q3 were reported. 3,819 are owned by Huntington Financial Bank. Engineers Gate Manager LP accumulated 43,833 shares. Bluecrest Cap Mngmt reported 30,743 shares. Teton Inc has invested 0.08% in Entercom Communications Corp. (NYSE:ETM). The Ontario – Canada-based Venator Cap has invested 12.34% in Entercom Communications Corp. (NYSE:ETM). Ws Management Lllp owns 0.12% invested in Entercom Communications Corp. (NYSE:ETM) for 384,844 shares. Jacobs Levy Equity Management reported 0.01% in Entercom Communications Corp. (NYSE:ETM). Advisory Net Limited Com accumulated 220 shares. Gsa Capital Prtn Limited Liability Partnership reported 0.02% in Entercom Communications Corp. (NYSE:ETM). Kirr Marbach & Com In reported 34,215 shares. Columbia Prtnrs L L C Investment Mgmt accumulated 123,297 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 7,655 shares. Hap Trading Lc reported 206,857 shares stake. Assetmark Inc stated it has 176 shares. 323,567 were reported by Citadel Advsr Limited Liability Company.

Among 3 analysts covering Entercom Communications (NYSE:ETM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Entercom Communications had 5 analyst reports since August 18, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Stephens on Friday, December 11. On Monday, July 31 the stock rating was maintained by Noble Financial with “Buy”. The company was maintained on Monday, November 27 by Noble Financial. Noble Financial maintained the stock with “Buy” rating in Monday, July 24 report. On Tuesday, August 18 the stock rating was upgraded by Wells Fargo to “Outperform”.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.10, from 1.12 in 2017Q3. It dropped, as 65 investors sold MDT shares while 427 reduced holdings. 111 funds opened positions while 393 raised stakes. 1.04 billion shares or 2.98% less from 1.07 billion shares in 2017Q3 were reported. Moreover, State Street has 0.38% invested in Medtronic plc (NYSE:MDT). Hudock Grp Limited owns 0.08% invested in Medtronic plc (NYSE:MDT) for 2,277 shares. 63,764 are held by Agf Invs America. Us Bancorp De reported 0.25% stake. British Columbia Investment, British Columbia – Canada-based fund reported 614,791 shares. Bailard owns 62,976 shares or 0.32% of their US portfolio. Profund Advisors Lc stated it has 47,146 shares. Horrell Capital Mgmt invested 0.03% of its portfolio in Medtronic plc (NYSE:MDT). Old National Fincl Bank In reported 154,658 shares. Livingston Asset Management Company (Operating As Southport Capital Management) holds 0.39% or 12,603 shares in its portfolio. First Allied Advisory holds 0.05% or 16,511 shares. Woodley Farra Manion Port Mngmt reported 49,791 shares. First Personal holds 1.27% or 80,799 shares. Zeke Capital Advisors Lc accumulated 0.56% or 66,566 shares. Gemmer Asset Mngmt Ltd Limited Liability Company owns 426 shares for 0.01% of their portfolio.

Compass Capital Management Inc, which manages about $661.25M US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 11,789 shares to 354,245 shares, valued at $30.30 million in 2017Q4, according to the filing. It also reduced its holding in Qualcomm Inc (NASDAQ:QCOM) by 26,995 shares in the quarter, leaving it with 395,915 shares, and cut its stake in Illinois Tool Wks Inc (NYSE:ITW).

More notable recent Medtronic plc (NYSE:MDT) news were published by: Benzinga.com which released: “12 Stocks To Watch For May 24, 2018” on May 24, 2018, also Seekingalpha.com with their article: “Medtronic Should Focus On Aggressive Deleveraging” published on May 15, 2018, Streetinsider.com published: “Medtronic (MDT) Tops Q4 EPS by 3c, Offers FY19 Guidance” on May 24, 2018. More interesting news about Medtronic plc (NYSE:MDT) were released by: Benzinga.com and their article: “Earnings Roundup for Medtronic” published on May 23, 2018 as well as Globenewswire.com‘s news article titled: “Medtronic Announces 2018 Institutional Investor and Analyst Meeting and Webcast” with publication date: May 18, 2018.

Among 29 analysts covering Medtronic (NYSE:MDT), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 66% are positive. Medtronic had 83 analyst reports since August 10, 2015 according to SRatingsIntel. Needham maintained Medtronic plc (NYSE:MDT) rating on Wednesday, February 21. Needham has “Buy” rating and $95.0 target. The stock of Medtronic plc (NYSE:MDT) has “Buy” rating given on Friday, April 27 by Piper Jaffray. The firm earned “Buy” rating on Friday, November 10 by BMO Capital Markets. The stock of Medtronic plc (NYSE:MDT) earned “Hold” rating by Northland Capital on Wednesday, August 23. The firm has “Market Perform” rating by Leerink Swann given on Monday, October 9. The firm earned “Hold” rating on Thursday, May 25 by BTIG Research. The firm has “Neutral” rating by Guggenheim given on Thursday, June 9. As per Wednesday, August 23, the company rating was maintained by Barclays Capital. The company was maintained on Tuesday, October 10 by BMO Capital Markets. The stock of Medtronic plc (NYSE:MDT) earned “Buy” rating by Needham on Tuesday, July 18.

Entercom Communications Corp. (NYSE:ETM) Institutional Positions Chart

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 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: