Health Care

Delve into today's share market: Red Hat, Inc. (RHT)

Teacher Retirement System of Texas boosted its stake in shares of Red Hat Inc (NYSE:RHT) by 51.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. Dimensional Fund Advisors LP now owns 423,556 shares of the open-source software company's stock worth $40,556,000 after buying an additional 22,314 shares in the last quarter.

KeyCorp reiterated their overweight rating on shares of Red Hat (NYSE:RHT) in a research report report published on Monday. Red Hat, Inc. (NYSE:RHT) has risen 18.97% since December 5, 2016 and is uptrending. (NYSE:RHT). Ameriprise Fincl reported 493,044 shares.

Red Hat, Inc. provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide. Citigroup has 0.01% invested in Red Hat, Inc. (NYSE:RHT) or 397,347 shares. Moreover, Voloridge Investment Mngmt Limited Liability has 0.38% invested in Red Hat, Inc. (NYSE:RHT) for 11.18 million shares. Natixis holds 0.06% or 50,688 shares in its portfolio. Acadian Asset Mngmt Limited Liability Company has 83,299 shares. Mitsubishi Ufj Corporation holds 362,629 shares. Hills National Bank Tru invested in 0.39% or 9,781 shares. New Mexico Educational Retirement Board has 0.08% invested in Red Hat, Inc.

In other Red Hat news, Director William S. Kaiser sold 14,000 shares of Red Hat stock in a transaction dated Thursday, October 5th. After having $0.58 EPS previously, Red Hat, Inc.'s analysts see -13.79 % EPS growth. The stock has "Outperform" rating by Cowen & Co on Thursday, February 4.

The performance for the week for Red Hat, -2.42% following the monthly performance of 3.30%. Insiders have sold a total of 34,172 shares of company stock valued at $3,926,377 over the last ninety days. About 1.00 million shares traded. We have $129.07 PT which if reached, will make NYSE:RHT worth $1.29 billion more. It has outperformed by 2.27% the S&P500. Following the transaction, the insider now directly owns 8,751 shares of the company's stock, valued at approximately $1,059,133.53. It also increased its holding in Sap Se (NYSE:SAP) by 210,664 shares in the quarter, for a total of 2.57 million shares, and has risen its stake in Amazon.Com Inc (NASDAQ:AMZN). Moffett Nathanson initiated coverage on Red Hat in a research report on Wednesday, September 6th. The open-source software company reported $0.77 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.67 by $0.10. Institutional investors and hedge funds own 93.85% of the company's stock. RHT's profit would be $88.47 million giving it 60.16 P/E if the $0.50 EPS is correct. After $0.58 actual earnings per share reported by Red Hat, Inc. for the previous quarter, Wall Street now forecasts -13.79 % negative EPS growth. (NYSE:RHT) news were published by: which released: "Red Hat Improves IT Flexibility and Reduces Complexity with Linux Containers ..." on November 05, 2017, also published article titled: "Red Hat Releases Red Hat OpenShift Application Runtimes to Empower Simple ...", published: "Orange and Red Hat Join Forces to Spearhead Network Virtualization Innovation" on November 07, 2017.

More important recent Red Hat, Inc. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and twenty-one have issued a buy rating to the stock. Therefore 73% are positive. ViaSat had 19 analyst reports since October 13, 2015 according to SRatingsIntel. Finally, Mizuho reissued a "buy" rating and set a $125.00 target price (up from $109.00) on shares of Red Hat in a research report on Tuesday, September 26th. Zacks Investment Research raised Red Hat from a "hold" rating to a "buy" rating and set a $120.00 price objective for the company in a research note on Thursday, September 21st. On Tuesday, September 26 the stock rating was maintained by Credit Suisse with "Neutral". The firm earned "Market Perform" rating on Tuesday, March 28 by BMO Capital Markets. Wells Fargo has "Outperform" rating and $120 target. The stock of ViaSat, Inc. On Friday, December 18 the stock rating was maintained by Stifel Nicolaus with "Buy". The rating was maintained by Topeka Capital Markets on Wednesday, November 25 with "Hold". As per Monday, December 4, the company rating was maintained by KeyBanc Capital Markets. Zacks Investment Research raised Red Hat from a "hold" rating to a "buy" rating and set a $140.00 target price for the company in a research note on Tuesday.

ILLEGAL ACTIVITY NOTICE: "Red Hat Inc (RHT) Stake Decreased by ING Groep NV" was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. RBC Capital Markets maintained it with "Sell" rating and $5000 target in Friday, May 26 report.

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