Economy

How Have Red Hat, Inc. (RHT) Earnings Forecasts Changed?

About 112,451 shares traded. Fil reported 0.17% in Red Hat Inc (NYSE:RHT). It has outperformed by 2.27% the S&P500.

Alyeska Investment Group Lp decreased Red Hat Inc (RHT) stake by 85.26% reported in 2017Q2 SEC filing. The Q4 2017 consensus earnings estimates for the company have stabilized at US$0.75 per share. The stock rose 1002543.50% or $64.47 reaching $64.48. Red Hat Inc (NYSE:RHT) has risen 18.97% since November 8, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Its up 0.01, from 0.9 in 2017Q1. It is negative, as 25 investors sold RHT shares while 161 reduced holdings. 97 funds opened positions while 444 raised stakes. Buys DowDuPont Inc, Red Hat Inc, AbbVie ..." published on November 02, 2017 as well as Businesswire.com's news article titled: "Orange and Red Hat Join Forces to Spearhead Network Virtualization Innovation" with publication date: "November 07, 2017. Pinnacle Assocs reported 0% stake. Ftb Advsrs Incorporated owns 261 shares for 0% of their portfolio. Penobscot Invest Mgmt Company holds 0.12% or 5,035 shares in its portfolio. Gam Ag reported 5,544 shares. Ing Groep Nv accumulated 150,840 shares. Nicholas LP owns 41,286 shares for 0.28% of their portfolio. Frontier Invest Management has invested 0.07% in Altria Group Inc (NYSE:MO). Independent Portfolio Consultants reported 0.01% stake. Oregon Public Employees Retirement Fund invested 0.71% in Altria Group Inc (NYSE:MO). 1,943 were reported by Acropolis Mngmt Limited Liability Corp.

Since May 23, 2017, it had 0 buys, and 1 insider sale for $361,725 activity. Its down 25% from 6,400 shares previously.

Cornerstone Capital Management Holdings Llc decreased John B. Sanfilippo & Son (NASDAQ:JBSS) stake by 8,600 shares to 35,678 valued at $2.25M in 2017Q2. It also upped Nabors Industries Ltd (NYSE:NBR) stake by 48,699 shares and now owns 499,099 shares.

Among 19 analysts covering Altria Group Inc. (NYSE:RHT)'s Buy count is 2 and Strong Buy is 15 while the number of analysts recommending Sell and Strong Sell are 1 and 7, respectively. Therefore 68% are positive. Robeco Institutional Asset Management B.V.'s holdings in Red Hat were worth $7,191,000 at the end of the most recent reporting period. The company was maintained on Friday, September 22 by Cowen & Co. The firm has "Neutral" rating given on Tuesday, February 28 by Robert W. Baird. As per Wednesday, September 13, the company rating was maintained by JMP Securities. The firm earned "Buy" rating on Monday, September 18 by Stifel Nicolaus. The stock has a market capitalization of $21,686.95, a PE ratio of 66.83, a price-to-earnings-growth ratio of 3.87 and a beta of 1.18. The rating was maintained by William Blair on Thursday, March 23 with "Outperform". The stock of Red Hat Inc (NYSE:RHT) has "Outperform" rating given on Wednesday, January 11 by Wells Fargo. BMO Capital Markets reissued a "market perform" rating and set a $128.00 price objective (up from $107.00) on shares of Red Hat in a report on Tuesday, September 26th. On Thursday, June 22 the stock rating was maintained by Deutsche Bank with "Buy".

Investors sentiment decreased to 1.25 in 2017 Q2. Its down 0.07, from 1.32 in 2017Q1.

The analysts offering 12 month price targets for Red Hat, Inc. have a median target of $121.5, with a high estimate of $136 and a low estimate of $100.

A number of hedge funds have recently made changes to their positions in the company. During the same period in the prior year, the company posted $0.47 earnings per share. Coda Octopus Group, Inc. Benjamin F Edwards holds 360 shares or 0% of its portfolio. 34,133 were accumulated by Exxonmobil Inv Mngmt Incorporated Tx. Commonwealth Equity Service Inc has invested 0% in Red Hat Inc (NYSE:RHT). (NYSE:RHT) by 70.9% in the third quarter, according to its most recent disclosure with the SEC. Advisers Lc stated it has 13,364 shares or 0.01% of all its holdings. Kornitzer Cap Mgmt Ks owns 257,849 shares. Gradient Invs Llc stated it has 43 shares or 0% of all its holdings. Jefferies maintained Red Hat Inc (NYSE:RHT) on Tuesday, June 20 with "Hold" rating. ACY's SI was 4,800 shares in November as released by FINRA. Value investors will surely go for the low or decreasing P/FCF totals and reasonably low stock share prices. West Oak Cap Ltd Liability stated it has 0% in Red Hat Inc (NYSE:RHT). Renaissance Limited Liability Co holds 287,265 shares.



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