10 September, 2017
Salem Investment Counselors Inc. bought a new position in Palo Alto Networks in the 1st quarter valued at $191,000. LLC now owns 939 shares of the network technology company's stock valued at $106,000 after buying an additional 227 shares during the last quarter. William Blair restated a "market perform" recommendation on stocks of Palo Alto Networks in a study note on early Tue. 2,198,022 shares of the stock were exchanged. About 121 shares traded. D E Shaw And invested 0% of its portfolio in Palo Alto Networks Inc (NYSE:PANW). It has underperformed by 33.01% the S&P500. Days to cover increased from 0.0 to 5.0 and the short interest percentage is 0.05% as of August 15. Its up 10.93% from 11.94 million shares previously. The SI to Forum Energy Tech Incorporated's float is 18.28%. About 196,317 shares traded. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 38.95% since September 8, 2016 and is uptrending. It has underperformed by 11.95% the S&P500.
The share price of Palo Alto Networks, Inc. It also upped Ibm Corp (NYSE:IBM) stake by 34,400 shares and now owns 46,149 shares. Zayo Group Hldgs Inc (NYSE:ZAYO) was raised too. On September 1, 2017 the stock rating was rated "Overweight" according to a JP Morgan report a boost from the previous "Overweight" rating. Therefore 75% are positive. The stock of Palo Alto Networks Inc (NYSE:PANW) earned "Buy" rating by Jefferies on Friday, July 7. The rating was upgraded by Argus Research to "Buy" on Wednesday, November 25. On September 5 the company was changed to "Outperform" in a report from Imperial Capital which is up from the previous "Outperform" rating. As per Friday, April 21, the company rating was maintained by BMO Capital Markets. September 1 investment analysts at Barclays held the stock rating at "Overweight" and moved down the price target from $175.00 to $161.00. Finally, Summit Redstone upgraded Palo Alto Networks from a hold rating to a buy rating and set a $120.00 price objective for the company in a research note on Tuesday. Shares saw a steep increase in trading volume of 68.48% over the normal average daily volume. Finally, Citigroup Inc. reiterated a "buy" rating and issued a $168.00 price objective (up from $160.00) on shares of Palo Alto Networks in a research report on Friday, September 1st. The stock has "Buy" rating by Nomura on Wednesday, August 31.
Investors sentiment increased to 1.2 in Q4 2016. Its up 0.34, from 0.86 in 2016Q3. It worsened, as 57 investors sold PANW shares while 159 reduced holdings. 71 funds opened positions while 160 raised stakes. Evercore Wealth Management Ltd Co accumulated 349 shares. Cambridge Advisors holds 0% or 5,372 shares in its portfolio. 178,696 are held by Mitsubishi Ufj Trust Bk Corporation. Mogy Joel R Investment Counsel Inc. now owns 28,168 shares of the network technology company's stock valued at $3,174,000 after purchasing an additional 4,420 shares during the period. Tower Rech Capital (Trc) holds 0% or 21 shares. Blackrock Japan Ltd reported 0% of its portfolio in Equity Lifestyle Properties, Inc. Golden Gate Private Equity Inc. owns 122,100 shares or 0.73% of their USA portfolio. Bailard reported 3,155 shares. Non-GAAP net income for fiscal year 2017 was USD 253.4 million, or USD 2.71 per diluted share, compared with non-GAAP net income of USD 172.9 million, or USD 1.89 per diluted share, in fiscal year 2016. BidaskClub upgraded Palo Alto Networks from a "strong sell" rating to a "sell" rating in a research report on Thursday, August 17th.
Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.35, from 1.26 in 2016Q3. Employees Retirement Association Of Colorado invested in 16,963 shares. 35 funds opened positions while 62 raised stakes. Next Financial Group, Inc claims 4,969 shares worth $665,000,000. Energy Opportunities Capital Llc reported 726,230 shares. It improved, as 31 investors sold West Pharmaceutical Services Inc. shares while 97 reduced holdings. Globeflex Capital L P, a California-based fund reported 55,700 shares. Strategic Investment Ltd Liability Corp invested 0.02% in Forum Energy Technologies Inc (NYSE:FET). Paloma Prtn Mngmt Company holds 0% or 20,314 shares in its portfolio. (NYSE:ELS). Wellington Gru Llp reported 1.42 million shares or 0.03% of all its holdings. Apg Asset Mgmt Nv owns 59,269 shares. Finemark National Bank & Trust And Tru has 954 shares for 0% of their portfolio. Aviance Prtnrs Limited Liability Company invested in 0.09% or 1,942 shares. Analysts expect next quarter's EPS will be $0.78 and the next full year EPS is projected to be $4.13. Therefore 63% are positive. Palo Alto Networks had 153 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with "Outperform" on Tuesday, November 24. The firm has "Strong Buy" rating by Raymond James given on Wednesday, January 13. Credit Suisse maintained Forum Energy Technologies Inc (NYSE:FET) rating on Friday, September 4. The firm has "Neutral" rating given on Friday, October 16 by DA Davidson. The stock has "Hold" rating by Scotia Capital on Thursday, March 23. The Company's divisions include Proprietary Products and Contract-Manufactured Products. The company's market cap is $13.19 billion.
