Motley Fool Wealth Management Has Boosted By $416,874 Its Varian Medical Systems (VAR) Position; Allianzgi Convertible & Income Fund (NCV)’s Sentiment Is 0.7

June 29, 2018 - By Adrian Erickson

Varian Medical Systems, Inc. (NYSE:VAR) Logo

Motley Fool Wealth Management Llc increased Varian Medical Systems Inc (VAR) stake by 7.77% reported in 2018Q1 SEC filing. Motley Fool Wealth Management Llc acquired 3,417 shares as Varian Medical Systems Inc (VAR)’s stock declined 3.15%. The Motley Fool Wealth Management Llc holds 47,370 shares with $5.81 million value, up from 43,953 last quarter. Varian Medical Systems Inc now has $10.50B valuation. The stock increased 0.27% or $0.31 during the last trading session, reaching $114.75. About 311,874 shares traded. Varian Medical Systems, Inc. (NYSE:VAR) has risen 21.31% since June 29, 2017 and is uptrending. It has outperformed by 8.74% the S&P500. Some Historical VAR News: 07/05/2018 – Varian Acquires Taiwan Distributor; 09/04/2018 – Varian Launches Velocity 4.0 Cancer Imaging Software with Selective Internal Radiation Therapy Dosimetry Analysis; 04/05/2018 – Varian CEO: Believes Varian Plan ‘Offers More Value and Carries Far Less Risk for Sirtex Stockholders’; 25/04/2018 – Varian Medical 2Q Net $73.2M; 04/05/2018 – VARIAN MEDICAL – NOTES THAT DIRECTORS OF SIRTEX CONTINUE TO UNANIMOUSLY SUPPORT AND RECOMMEND VARIAN SCHEME; 22/05/2018 – Australia’s Sirtex Medicals gets binding offer from China’s CDH; 19/04/2018 – Varian to Demonstrate Advanced Cancer Care Solutions at ESTRO 37; 30/05/2018 – Varian Halcyon Systems Expand Access to Cancer Care at Three Centers in Africa; 09/03/2018 – Varian Selected by the Instituto Mexicano del Seguro Social (IMSS) to Equip Seven Treatment Centers in Mexico with Advanced Rad; 22/05/2018 – SIRTEX MEDICAL LTD SRX.AX – BOARD CONSIDERING RELATIVE MERITS AND RISKS OF CDH PROPOSAL AND VARIAN MEDICAL SYSTEMS SCHEME

Allianzgi Convertible & Income Fund (NCV) investors sentiment decreased to 0.7 in 2018 Q1. It’s down -1.30, from 2 in 2017Q4. The ratio dropped, as 16 investment professionals increased and opened new stock positions, while 23 trimmed and sold positions in Allianzgi Convertible & Income Fund. The investment professionals in our database now have: 9.36 million shares, down from 9.79 million shares in 2017Q4. Also, the number of investment professionals holding Allianzgi Convertible & Income Fund in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 17 Increased: 9 New Position: 7.

The stock increased 0.29% or $0.02 during the last trading session, reaching $6.95. About 75,752 shares traded. AllianzGI Convertible & Income Fund (NCV) has declined 1.15% since June 29, 2017 and is downtrending. It has underperformed by 13.72% the S&P500.

E&G Advisors Lp holds 0.42% of its portfolio in AllianzGI Convertible & Income Fund for 144,693 shares. Capital Investment Advisors Llc owns 126,832 shares or 0.06% of their US portfolio. Moreover, Advisors Asset Management Inc. has 0.04% invested in the company for 328,412 shares. The Maryland-based Maryland Capital Management has invested 0.04% in the stock. Next Financial Group Inc, a Texas-based fund reported 26,190 shares.

More news for AllianzGI Convertible & Income Fund (NYSE:NCV) were recently published by: Businesswire.com, which released: “AllianzGI Convertible & Income Fund and AllianzGI Convertible & Income Fund II Commence Tender Offers for …” on June 27, 2018. Businesswire.com‘s article titled: “AllianzGI Convertible & Income Fund and AllianzGI Convertible & Income Fund II Announce Tender Offers for …” and published on June 20, 2018 is yet another important article.

Motley Fool Wealth Management Llc decreased Cvs Health Corp (NYSE:CVS) stake by 7,499 shares to 18,410 valued at $1.15 million in 2018Q1. It also reduced Paypal Holdings Inc stake by 5,217 shares and now owns 576,113 shares. Facebook Inc (NASDAQ:FB) was reduced too.

Among 8 analysts covering Varian Medical Systems (NYSE:VAR), 3 have Buy rating, 3 Sell and 2 Hold. Therefore 38% are positive. Varian Medical Systems had 10 analyst reports since January 3, 2018 according to SRatingsIntel. JP Morgan maintained Varian Medical Systems, Inc. (NYSE:VAR) rating on Thursday, June 28. JP Morgan has “Underweight” rating and $105 target. The company was upgraded on Thursday, January 25 by Barrington. The company was downgraded on Thursday, January 25 by Goldman Sachs. The stock of Varian Medical Systems, Inc. (NYSE:VAR) earned “Hold” rating by RBC Capital Markets on Thursday, January 25. The firm has “Buy” rating given on Thursday, January 25 by Citigroup. On Thursday, April 26 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Hold” rating given on Thursday, January 25 by Robert W. Baird. JP Morgan maintained the stock with “Neutral” rating in Thursday, January 25 report. The stock of Varian Medical Systems, Inc. (NYSE:VAR) earned “Buy” rating by Jefferies on Thursday, April 26.

More recent Varian Medical Systems, Inc. (NYSE:VAR) news were published by: Streetinsider.com which released: “Varian Medical Systems (VAR) Informed Sirtex that it Will not be Providing Counter Proposal to CDH-CGP Offer” on June 14, 2018. Also Prnewswire.com published the news titled: “Varian Announces Third Quarter Fiscal Year 2018 Earnings Release Date” on June 11, 2018. Streetinsider.com‘s news article titled: “Trump tariffs force companies to rework supply chains” with publication date: June 25, 2018 was also an interesting one.

Investors sentiment decreased to 0.67 in Q1 2018. Its down 0.13, from 0.8 in 2017Q4. It worsened, as 34 investors sold VAR shares while 214 reduced holdings. 58 funds opened positions while 109 raised stakes. 82.38 million shares or 5.31% less from 87.00 million shares in 2017Q4 were reported. Teacher Retirement Systems Of Texas, a Texas-based fund reported 20,209 shares. Atlanta Cap Company L L C holds 0.73% of its portfolio in Varian Medical Systems, Inc. (NYSE:VAR) for 1.15M shares. Massachusetts Svcs Ma owns 3,072 shares. Robecosam Ag reported 1,600 shares. Fairpointe Capital Lc holds 1.01 million shares. Motley Fool Asset Management Ltd Liability Corp, a Virginia-based fund reported 67,000 shares. 2,023 are owned by Hexavest. Natixis holds 50,748 shares. Cognios Cap Limited Liability Com accumulated 2,664 shares. Susquehanna Group Inc Limited Liability Partnership stated it has 0% in Varian Medical Systems, Inc. (NYSE:VAR). Finemark State Bank & has 5,964 shares. British Columbia Invest Mngmt reported 112,006 shares or 0.1% of all its holdings. Field Main Savings Bank invested 0.54% of its portfolio in Varian Medical Systems, Inc. (NYSE:VAR). Schroder Management Grp invested in 224,220 shares. Point72 Asia (Hong Kong) holds 0.05% or 814 shares in its portfolio.

Since January 2, 2018, it had 0 buys, and 21 insider sales for $12.67 million activity. On Tuesday, May 15 the insider KUO JOHN W sold $155,460. KENNEDY KOLLEEN T also sold $82,624 worth of Varian Medical Systems, Inc. (NYSE:VAR) on Thursday, May 10. Shares for $196,792 were sold by MOMSEN MAGNUS. Another trade for 2,161 shares valued at $274,383 was sold by LARET MARK R. The insider WILSON DOW R sold 24,000 shares worth $2.83 million. GUERTIN TIMOTHY E sold $1.11M worth of stock or 10,000 shares. On Thursday, February 22 BOSTROM SUSAN L sold $235,413 worth of Varian Medical Systems, Inc. (NYSE:VAR) or 1,952 shares.

Varian Medical Systems, Inc. (NYSE:VAR) Institutional Positions Chart

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