Smith & Nephew (LON:SN) Investors: Deutsche Reaffirms Hold Rating; Ing Investments Distributor Has 1.1 Sentiment

April 17, 2018 - By Peter Erickson

Smith & Nephew plc (LON:SN) Logo

Ing Investments Distributor LLC (IRR) investors sentiment increased to 1.1 in Q4 2017. It’s up 0.27, from 0.83 in 2017Q3. The ratio is more positive, as 11 funds opened new or increased holdings, while 10 cut down and sold their holdings in Ing Investments Distributor LLC. The funds in our database reported: 4.01 million shares, up from 3.83 million shares in 2017Q3. Also, the number of funds holding Ing Investments Distributor LLC in top ten holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 7 Increased: 6 New Position: 5.

In a note released on Tuesday, 17 April, Smith & Nephew (LON:SN) stock had its Hold Rating reconfirmed by stock research analysts at Deutsche.

The stock increased 0.53% or GBX 7 during the last trading session, reaching GBX 1316.5. About 3.12 million shares traded. Smith & Nephew plc (LON:SN) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Smith & Nephew plc (LON:SN) to report earnings on May, 8. They expect $0.21 earnings per share, up 120.00% or $1.26 from last year’s $-1.05 per share. SN’s profit will be $1.83M for 1567.26 P/E if the $0.21 EPS becomes a reality. After $0.28 actual earnings per share reported by Smith & Nephew plc for the previous quarter, Wall Street now forecasts -25.00% negative EPS growth.

Since January 3, 2018, it had 0 insider purchases, and 10 selling transactions for $913,651 activity. Kopel Gregory B had sold 4,126 shares worth $12,300 on Thursday, March 1. On Tuesday, February 20 the insider SANCHEZ ANTONIO R JR sold $244,687. The insider Thill Howard J SR sold 8,251 shares worth $24,596. 19,903 Smith & Nephew plc (LON:SN) shares with value of $103,894 were sold by Heinson Christopher. 2,107 shares were sold by Hink Kirsten A, worth $6,281.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.16, from 1.14 in 2017Q3. It dropped, as 20 investors sold Smith & Nephew plc shares while 34 reduced holdings. 18 funds opened positions while 35 raised stakes. 45.63 million shares or 5.04% less from 48.05 million shares in 2017Q3 were reported. Invesco, a Georgia-based fund reported 22,126 shares. Ubs Asset Mngmt Americas owns 45,874 shares. Reliant Investment Mgmt Limited Liability accumulated 0.04% or 11,085 shares. Whitebox Advisors Lc has 20,000 shares for 0% of their portfolio. California Employees Retirement Systems reported 294,800 shares stake. Susquehanna International Grp Inc Ltd Liability Partnership, Pennsylvania-based fund reported 1.86 million shares. Schwab Charles Inv Inc accumulated 361,134 shares or 0% of the stock. Mark Sheptoff Finance Planning Limited reported 500 shares. State Board Of Administration Of Florida Retirement Sys holds 35,830 shares or 0% of its portfolio. Citadel Advisors Limited Co reported 62,424 shares stake. has invested 0% of its portfolio in Smith & Nephew plc (LON:SN). Phoenix Investment Adviser holds 0.6% of its portfolio in Smith & Nephew plc (LON:SN) for 118,000 shares. Millennium Mngmt Limited Liability holds 2.98M shares. Credit Suisse Ag holds 0% or 65,632 shares. Parkwood Limited accumulated 108,065 shares.

Among 20 analysts covering Smith Nephew PLC (LON:SN), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Smith Nephew PLC has GBX 1750 highest and GBX 1 lowest target. GBX 1317.14’s average target is 0.05% above currents GBX 1316.5 stock price. Smith Nephew PLC had 213 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Bernstein on Wednesday, September 16. The rating was maintained by AlphaValue with “Add” on Thursday, March 10. The firm has “Neutral” rating by JP Morgan given on Thursday, March 30. The rating was maintained by JP Morgan on Thursday, April 5 with “Overweight”. The stock of Smith & Nephew plc (LON:SN) has “Neutral” rating given on Wednesday, January 27 by JP Morgan. The firm earned “Hold” rating on Wednesday, February 15 by Berenberg. Bernstein maintained the shares of SN in report on Monday, November 9 with “Outperform” rating. The rating was maintained by Credit Suisse with “Neutral” on Thursday, February 4. Deutsche Bank maintained Smith & Nephew plc (LON:SN) on Monday, July 17 with “Hold” rating. The stock of Smith & Nephew plc (LON:SN) earned “Neutral” rating by JP Morgan on Friday, October 30.

Smith & Nephew plc designs, develops, and sells medical devices worldwide. The company has market cap of 11.50 billion GBP. The firm offers sports medicine joint repair products for surgeons, including an array of instruments, technologies, and implants necessary to perform minimally invasive surgery of the joints; and arthroscopic enabling technologies for healthcare providers, such as fluid management equipment for surgical access, high definition cameras, digital image capture, scopes, light sources, and monitors to assist with visualization inside the joints, radio frequency wands, electromechanical and mechanical blades, and hand instruments for removing damaged tissue. It has a 15.01 P/E ratio. It also provides trauma and extremities products consisting of internal and external devices used in the stabilization of severe fractures and deformity correction procedures; robotics-assisted surgery services and products; knee implant products for specialized knee replacement procedures; and hip implant products for reconstruction of the hip joint, as well as various products and technologies to assist in surgical treatment of the ear, nose, and throat.

The stock increased 0.16% or $0.01 during the last trading session, reaching $6.14. About 85,080 shares traded or 40.84% up from the average. Voya Natural Resources Equity Income Fund (IRR) has declined 3.23% since April 17, 2017 and is downtrending. It has underperformed by 14.78% the S&P500.

Advisors Asset Management Inc. holds 0.11% of its portfolio in Voya Natural Resources Equity Income Fund for 1.05 million shares. Guggenheim Capital Llc owns 368,176 shares or 0.01% of their US portfolio. Moreover, Weiss Asset Management Lp has 0.01% invested in the company for 11,447 shares. The Minnesota-based Ameriprise Financial Inc has invested 0% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 88,826 shares.

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