Teleflex Incorporated (NYSE:TFX) Trading Up – Short Interest Down by -10.23%

As of the end of the quarter Janus Capital Management LLC had disposed of a total of 2,616,984 shares trimming its stake by 98.4%. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,560 shares of the medical technology company’s stock valued at $1,271,000 after buying an additional 38 shares during the last quarter. The company has market cap of $10.48 billion.

The stock increased 2.10% or $0.5 on September 8, reaching $24.3. About 163,137 shares traded. It has underperformed by 16.48% the S&P500. The original version of this report can be accessed at https://weekherald.com/2017/09/09/teleflex-incorporated-tfx-stake-boosted-by-chartwell-investment-partners-llc.html.

As of the end of the quarter Point72 Asset Management, L.p. had bought 14,751 shares growing its holdings by 57.5%. Short interest fell from 1,453,540 to 1,304,891 over that timeframe.

About 900 shares traded. Teleflex Incorporated (NYSE:TFX) has risen 24.36% since September 8, 2016 and is uptrending. It has outperformed by 7.66% the S&P500. Analysts expect next quarter’s EPS will be $2.44 with next year’s EPS anticipated to be $9.58.

In other news, Director Stephen K. M.D. Klasko sold 200 shares of the company’s stock in a transaction that occurred on Friday, September 1st. 2,500 shares were sold by RANDLE STUART A, worth $514,173.

Investors sentiment decreased to 0.99 in 2016 Q4. Its down 0.17, from 1.2 in 2016Q3. It turned negative, as 60 investors sold Teleflex Incorporated shares while 106 reduced holdings. 50 funds opened positions while 121 raised stakes. Buffington Mohr Mcneal reported 0.9% stake.

Traders are feeling more bullish on Teleflex Incorporated of late if you take note of the fall in short interest. Synovus Fincl invested 0.01% in Teleflex Incorporated (NYSE:TFX). Fiduciary Tru reported 0.01% of its portfolio in Teleflex Incorporated (NYSE:TFX). Twin Tree Management Limited Partnership has invested 0.01% in Teleflex Incorporated (NYSE:TFX). Blackrock Gp Limited owns 158,511 shares. Stonebridge Cap Mgmt reported 1,325 shares. Metropolitan Life Insur holds 0.05% or 41,474 shares. Select Equity Grp Lp stated it has 0% of its portfolio in Teleflex Incorporated (NYSE:TFX).

Here is a rundown on some insider market activity for Teleflex Incorporated (NYSE:TFX). Toronto Dominion Bank now owns 552 shares of the medical technology company’s stock valued at $115,000 after buying an additional 70 shares during the last quarter. Capstone Investment Ltd Limited Liability Company has invested 0.02% in Oracle Corporation (NYSE:ORCL). Guyasuta Advisors Inc has 0.13% invested in Teleflex Incorporated (NYSE:TFX). Therefore 78% are positive. Teleflex had 19 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating by Needham given on Friday, August 4. Barclays Capital maintained the shares of TFX in report on Monday, June 26 with “Buy” rating. The stock of Teleflex Incorporated (NYSE:TFX) has “Overweight” rating given on Monday, November 30 by Piper Jaffray.

08/04/2017 – Teleflex Incorporated had its “buy” rating reiterated by analysts at Deutsche Bank.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Needham maintained it with “Buy” rating and $237.0 target in Tuesday, September 5 report. The company has market cap of $403.67 million. The stock has “Hold” rating by KeyBanc Capital Markets on Tuesday, September 5. Neuberger Berman Group LLC grew its stake in shares of Teleflex by 0.5% during the second quarter.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Benzinga.com’s article titled: “Wall Street’s M&A Chatter From September 5: RhythmOne-YuMe, Teleflex-NeoTract …” and published on September 06, 2017 is yet another important article. The ex-dividend date was Thursday, November 10th.

Since May 15, 2017, it had 0 insider purchases, and 1 sale for $21,366 activity.

Among 11 analysts covering Diana Shipping (NYSE:DSX), 2 have Buy rating, 2 Sell and 7 Hold. Therefore 18% are positive. Oracle had 79 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was downgraded by Jefferies on Friday, October 23 to “Hold”. The firm has “Hold” rating given on Monday, August 3 by Stifel Nicolaus. On Wednesday, September 6 the stock rating was upgraded by Morgan Stanley to “Buy”. On Sunday, August 20 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Buy” rating on Thursday, April 28 by Brean Capital. The firm has “Buy” rating given on Friday, January 22 by Mizuho.

Investors sentiment increased to 11.77 in 2016 Q4. Its up 10.76, from 1.01 in 2016Q3. Ca invested in 1.23% or 311,077 shares. 48 funds opened positions while 180 raised stakes. During the same period in the previous year, the business earned $1.89 earnings per share. Heartland Advsrs Incorporated invested in 0.76% or 430,609 shares. Symphony Asset Ltd Liability Com invested in 0.1% or 5,844 shares. Ubs Asset Mgmt Americas reported 2.09 million shares.

Diana Shipping Inc.is a holding company. Prudential Financial Inc. increased its position in shares of Teleflex by 45.5% in the second quarter. Delta Lloyd Nv owns 23,785 shares or 0.02% of their USA portfolio. Ltd. now owns 6,553 shares of the medical technology company’s stock valued at $1,270,000 after buying an additional 37 shares during the last quarter. Envestnet Asset Mgmt holds 162,789 shares. Teleflex Incorporated shares had a trading volume of 364K on Friday.

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