Findlay Park Partners Llp Lifted By $69.76 Million Its Intuit (INTU) Position, Shorts at PROPHOTONIX LTD (STKR) Raised By 75%

July 17, 2017 - By Michael Collier

Findlay Park Partners Llp increased Intuit (INTU) stake by 123.27% reported in 2016Q4 SEC filing. Findlay Park Partners Llp acquired 611,944 shares as Intuit (INTU)’s stock rose 4.61%. The Findlay Park Partners Llp holds 1.11M shares with $127.03M value, up from 496,416 last quarter. Intuit now has $34.30 billion valuation. The stock rose 0.20% or $0.27 reaching $133.15 per share. About 646,980 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 23.62% since July 17, 2016 and is uptrending. It has outperformed by 6.92% the S&P500.

PROPHOTONIX LTD (OTCMKTS:STKR) had an increase of 75% in short interest. STKR’s SI was 3,500 shares in July as released by FINRA. Its up 75% from 2,000 shares previously. About 950 shares traded. ProPhotonix Ltd (OTCMKTS:STKR) has 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 16 analysts covering Intuit (NASDAQ:INTU), 7 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Intuit had 52 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Friday, September 18 with “Buy”. As per Friday, February 24, the company rating was maintained by RBC Capital Markets. The firm earned “Underweight” rating on Friday, August 21 by First Analysis. The firm has “Neutral” rating by Credit Suisse given on Wednesday, August 24. The firm has “Buy” rating by Brean Capital given on Wednesday, August 24. The firm has “Buy” rating given on Thursday, April 14 by Brean Capital. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, August 24 report. As per Friday, November 20, the company rating was maintained by RBC Capital Markets. The stock has “Outperform” rating by Raymond James on Monday, August 10. Credit Suisse initiated Intuit Inc. (NASDAQ:INTU) rating on Thursday, April 21. Credit Suisse has “Neutral” rating and $100 target.

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.02, from 0.86 in 2016Q3. It improved, as 32 investors sold INTU shares while 250 reduced holdings. 62 funds opened positions while 185 raised stakes. 214.18 million shares or 0.08% less from 214.36 million shares in 2016Q3 were reported. Farmers & Merchants holds 60 shares or 0% of its portfolio. Todd Asset Limited Liability Company has 125,383 shares. Suntrust Banks owns 38,959 shares for 0.03% of their portfolio. Comerica State Bank reported 0.07% in Intuit Inc. (NASDAQ:INTU). Moreover, Nationwide Fund has 0.24% invested in Intuit Inc. (NASDAQ:INTU) for 505,838 shares. North Star Invest Mgmt Corp holds 0.02% or 1,260 shares in its portfolio. 4.82 million were reported by Tiaa Cref Mgmt Lc. Nomura Hldg Inc holds 0.01% or 19,817 shares. Asset Management Incorporated invested 0.1% in Intuit Inc. (NASDAQ:INTU). Huntington National Bank & Trust invested 0.07% in Intuit Inc. (NASDAQ:INTU). Bnp Paribas Arbitrage holds 0.04% or 74,860 shares. Mirador Capital Ptnrs LP has 0.22% invested in Intuit Inc. (NASDAQ:INTU) for 2,376 shares. Denver Investment Advisors Llc holds 2,150 shares or 0.01% of its portfolio. Fred Alger Mgmt holds 0% or 63 shares. New Mexico Educational Retirement Board, New Mexico-based fund reported 25,928 shares.

Findlay Park Partners Llp decreased Praxair Inc (NYSE:PX) stake by 634,690 shares to 955,310 valued at $111.95M in 2016Q4. It also reduced Procter And Gamble Co (NYSE:PG) stake by 500,324 shares and now owns 927,893 shares. American Tower Corp New (NYSE:AMT) was reduced too.

Since March 1, 2017, it had 0 insider purchases, and 7 selling transactions for $20.40 million activity. $10.33 million worth of stock was sold by FENNELL LAURA A on Tuesday, May 30. 3,742 shares were sold by STANSBURY HENRY TAYLOE, worth $468,625 on Wednesday, March 1. 8,651 Intuit Inc. (NASDAQ:INTU) shares with value of $1.08 million were sold by FLOURNOY MARK J. $2.28 million worth of Intuit Inc. (NASDAQ:INTU) was sold by POWELL DENNIS D on Thursday, May 25.

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