William Blair Cuts Research Holdings (INCR), Mackenzie Financial Has Cut Its Gartner (IT) Stake

June 20, 2017 - By Kurt Siggers

Mackenzie Financial Corp decreased Gartner Inc (IT) stake by 7.4% reported in 2016Q4 SEC filing. Mackenzie Financial Corp sold 64,198 shares as Gartner Inc (IT)’s stock rose 9.97%. The Mackenzie Financial Corp holds 802,983 shares with $81.16 million value, down from 867,181 last quarter. Gartner Inc now has $11.15B valuation. The stock increased 1.13% or $1.38 during the last trading session, reaching $123.69. About shares traded. Gartner Inc (NYSE:IT) has risen 15.57% since June 20, 2016 and is uptrending. It has underperformed by 1.13% the S&P500.

Among 10 analysts covering INC Research Holdings (NASDAQ:INCR), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. INC Research Holdings has $6800 highest and $47 lowest target. $56.30’s average target is -7.17% below currents $60.65 stock price. INC Research Holdings had 16 analyst reports since August 14, 2015 according to SRatingsIntel. SunTrust initiated it with “Buy” rating and $56 target in Thursday, November 19 report. The firm has “Outperform” rating given on Friday, August 14 by Credit Suisse. Goldman Sachs maintained the stock with “Buy” rating in Friday, August 12 report. The company was upgraded on Monday, June 5 by KeyBanc Capital Markets. The firm has “Outperform” rating given on Thursday, May 11 by Robert W. Baird. The firm has “Neutral” rating by Robert W. Baird given on Tuesday, May 3. The rating was upgraded by Jefferies on Tuesday, September 1 to “Buy”. The firm earned “Buy” rating on Thursday, November 19 by Suntrust Robinson. On Wednesday, August 17 the stock rating was maintained by Jefferies with “Buy”. As per Tuesday, December 20, the company rating was initiated by First Analysis.

The stock increased 1.51% or $0.9 during the last trading session, reaching $60.65. About shares traded. INC Research Holdings Inc (NASDAQ:INCR) has risen 27.42% since June 20, 2016 and is uptrending. It has outperformed by 10.72% the S&P500.

INC Research Holdings, Inc. is a global contract research organization . The company has market cap of $3.29 billion. The Firm focuses on Phase I to Phase IV clinical development services for the biopharmaceutical and medical device industries. It has a 28.87 P/E ratio. The Firm operates through two divisions: Clinical Development Services and Phase I Services.

Investors sentiment decreased to 1.2 in Q4 2016. Its down 0.84, from 2.04 in 2016Q3. It dived, as 21 investors sold INC Research Holdings Inc shares while 79 reduced holdings. 39 funds opened positions while 81 raised stakes. 51.39 million shares or 0.02% more from 51.38 million shares in 2016Q3 were reported. Hutchin Hill Lp has 0.3% invested in INC Research Holdings Inc (NASDAQ:INCR). Victory Mgmt holds 0.02% or 127,833 shares in its portfolio. Nationwide Fund Advisors holds 0.01% of its portfolio in INC Research Holdings Inc (NASDAQ:INCR) for 37,963 shares. 104,796 were reported by Parametric Portfolio Assocs Ltd Liability Corp. Verition Fund Ltd Com holds 4,374 shares or 0.02% of its portfolio. Strs Ohio, a Ohio-based fund reported 24,000 shares. Massachusetts Financial Service Ma reported 234,396 shares. Art Advisors Lc reported 13,700 shares. Herndon Cap Ltd holds 0% of its portfolio in INC Research Holdings Inc (NASDAQ:INCR) for 420 shares. Lpl Fincl Ltd Llc owns 7,776 shares or 0% of their US portfolio. 1,125 are held by Independent Portfolio Consultants. Alpine Woods Capital Limited Liability stated it has 0.02% of its portfolio in INC Research Holdings Inc (NASDAQ:INCR). 1.12 million were reported by Healthcor Limited Partnership. Rothschild Asset Mgmt Inc has invested 0.29% of its portfolio in INC Research Holdings Inc (NASDAQ:INCR). Renaissance Technologies Limited invested in 0.02% or 277,814 shares.

Mackenzie Financial Corp increased Chemed Corp New (NYSE:CHE) stake by 15,188 shares to 23,911 valued at $3.84 million in 2016Q4. It also upped Advantage Oil & Gas Ltd (NYSE:AAV) stake by 84,300 shares and now owns 9.39M shares. Trinity Inds Inc (NYSE:TRN) was raised too.

Investors sentiment decreased to 0.86 in 2016 Q4. Its down 0.16, from 1.02 in 2016Q3. It is negative, as 25 investors sold IT shares while 141 reduced holdings. 41 funds opened positions while 102 raised stakes. 73.15 million shares or 0.05% less from 73.18 million shares in 2016Q3 were reported. Northern stated it has 1.03 million shares or 0.03% of all its holdings. Quantitative Investment Management Limited owns 7,900 shares. Proshare Advisors Lc holds 9,705 shares or 0.01% of its portfolio. Assetmark holds 55 shares. Oregon Employees Retirement Fund accumulated 28,426 shares or 0.06% of the stock. Moreover, Capital Inv Counsel Incorporated has 0.12% invested in Gartner Inc (NYSE:IT). Apg Asset Mngmt Nv reported 60,096 shares. Nuveen Asset Mngmt Limited Liability Company invested in 157,039 shares. Saturna Capital accumulated 209,441 shares. Nippon Life Insurance invested 0.03% of its portfolio in Gartner Inc (NYSE:IT). Los Angeles Capital And Equity Incorporated holds 0% of its portfolio in Gartner Inc (NYSE:IT) for 5,067 shares. Parametric Port Lc invested in 0.02% or 112,909 shares. 25,904 were accumulated by First Quadrant LP Ca. Dekabank Deutsche Girozentrale accumulated 0% or 2,794 shares. Cibc Asset Management owns 4,986 shares.

Among 11 analysts covering Gartner Inc (NYSE:IT), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Gartner Inc had 19 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Friday, January 6. The firm earned “Buy” rating on Tuesday, November 10 by Cantor Fitzgerald. The company was initiated on Monday, January 25 by Atlantic Securities. The firm has “Top Pick” rating by RBC Capital Markets given on Friday, May 5. BMO Capital Markets upgraded Gartner Inc (NYSE:IT) on Friday, January 6 to “Outperform” rating. The firm has “Overweight” rating given on Thursday, April 6 by Barclays Capital. The rating was upgraded by RBC Capital Markets on Monday, March 13 to “Top Pick”. The stock has “Buy” rating by Sterne Agee CRT on Tuesday, March 22. FBR Capital maintained the stock with “Mkt Perform” rating in Friday, November 6 report. On Friday, January 6 the stock rating was downgraded by Macquarie Research to “Neutral”.

Since February 9, 2017, it had 0 insider buys, and 17 insider sales for $17.61 million activity. 61,181 shares were sold by HALL EUGENE A, worth $6.20 million on Wednesday, February 15. The insider GODFREY DAVID sold 1,425 shares worth $171,586. Dawkins Alwyn sold $506,753 worth of Gartner Inc (NYSE:IT) on Monday, February 13. The insider Kranich Robin B sold $379,565. 2,500 Gartner Inc (NYSE:IT) shares with value of $301,537 were sold by DYKSTRA KAREN E. On Tuesday, May 30 Peale Daniel S sold $287,213 worth of Gartner Inc (NYSE:IT) or 2,431 shares. 4,000 shares valued at $409,856 were sold by Safian Craig on Thursday, February 23.

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