Economy

Garmin Ltd. (NASDAQ:GRMN) Sees Significantly Lower Trading Volume

Contravisory Investment Management Inc bought 115,290 shares as the company's stock rose 0.81% with the market. The South Texas Money Management Ltd holds 644,209 shares with $31.24M value, down from 661,677 last quarter. Kate Spade & Co now has $2.38B valuation.

Garmin Ltd. (NASDAQ:GRMN) has received a consensus recommendation of "Hold" from the sixteen research firms that are now covering the company. More interesting news about Garmin Ltd. (NASDAQ:GRMN) were released by: Fool.com and their article: "Better Buy: Fitbit Inc. vs Garmin Ltd." published on August 16, 2017 as well as Streetinsider.com's news article titled: "Garmin Ltd. (GRMN) Disagrees with Verdict in Latest Navico Patent Lawsuit" with publication date: September 08, 2017. It has outperformed by 11.93% the S&P500.

Parke Bancorp, Inc.is a bank holding firm of Parke Bank. Dixon Hubard Feinour & Brown Inc sold 12,107 shares as the company's stock declined 13.27% while stock markets rallied.

Investors are feeling more bullish lately considering the change in short interest. It is 0.00% or $0 reaching $0 per share. It is down 39.77% since September 10, 2016 and is uptrending. It has outperformed by 23.07% the S&P500.

Investors sentiment increased to 1.35 in 2016 Q4. It worsened, as 36 investors sold GRMN shares while 98 reduced holdings.

These funds have shifted positions in (GRMN). Glob X Management Com Lc accumulated 9,096 shares or 0.02% of the stock. Guardian Life Insur Communications Of America holds 0% or 437 shares. State Street holds 6.02M shares. Financial Bank Of Montreal Can accumulated 497,631 shares. Live Your Vision stated it has 104 shares or 0% of all its holdings. Commerzbank Aktiengesellschaft Fi has invested 0% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). On average, analysts anticipate that Garmin Ltd. will post $2.80 EPS for the current year. Atwood Palmer Inc has invested 0.01% of its portfolio in Garmin Ltd. (NASDAQ:GRMN). Capstone Asset Mgmt has invested 0.02% of its portfolio in Garmin Ltd. (NASDAQ:GRMN).

As of quarter end Janus Capital Management LLC had sold 523,071 shares trimming its holdings by 45.1%. Piedmont Investment Advisors Ltd Liability Company holds 327 shares or 0% of its portfolio. Tower Capital Ltd Llc (Trc) reported 0.03% stake.

Since May 26, 2017, it had 0 buys, and 2 selling transactions for $15.67 million activity. The company also declared a dividend for shareholders which will be paid on Friday the 29th of September 2017. The days to cover decreased to 12.0 and the short interest percentage is 0.09% as of August 15. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. Therefore 20% are positive.

Several equities analysts have recently issued reports on the stock. Morgan Stanley set a $50.00 target price on Garmin and gave the company a "hold" rating in a research note on Monday, July 31st. DA Davidson maintained the shares of GRMN in report on Friday, September 11 with "Neutral" rating. The company was maintained on Thursday, July 30 by RBC Capital Markets. The firm has "Underweight" rating given on Thursday, February 18 by JP Morgan. Tigress Financial restated a "buy" rating on shares of Garmin in a research note on Monday, July 10th. The stock now has an average rating of "Hold" and a consensus target price of $53.50. Mesirow Financial Investment Management owns 1.99 million shares or 2.02% of their U.S. portfolio. It also reduced its holding in General Mills Inc. It also upped Waters Corp (NYSE:WAT) stake by 4,142 shares and now owns 8,893 shares. Its up 4.51, from 1.63 in 2016Q3. (NASDAQ:PKBK) shares with value of $64,410 were sold by KRIPITZ JEFFREY H. City, a West Virginia-based fund reported 695 shares. Schwab Charles Inv Mngmt invested in 171,778 shares. Moreover, Commerce National Bank & Trust has 0.01% invested in Garmin Ltd. (NASDAQ:GRMN) for 7,212 shares. The Minnesota-based Disciplined Growth Investors Inc Mn has invested 1.82% in the stock. Deutsche Bank Ag has 661,026 shares for 0.03% of their portfolio. 6,797 were reported by Ls Ltd Liability Corp. Elizabeth Park Capital Advsr Limited invested in 2.79% or 205,347 shares. Edwards Lifesciences Corp had 76 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has "Hold" rating by Oppenheimer given on Wednesday, August 2. BMO Capital Markets has "Outperform" rating and $114 target. The firm has "Buy" rating given on Tuesday, June 27 by Canaccord Genuity. Gabelli downgraded the shares of BNCN in report on Tuesday, August 9 to "Hold" rating.



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