Teleflex Incorporated (NYSE:TFX) Trading Up - Short Interest decreased by -10.23%

Teleflex On Accelerating Top Line Growth Trajectory Upgrading To Outperform
Teleflex Incorporated (NYSE:TFX) Trading Up – Short Interest Down by -10.23%
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10 September, 2017

12/18/2013 - UBS began new coverage on Teleflex Incorporated giving the company a "hold" rating.

In the market the company is trading up by 0.77%% since yesterday's close of 225.41. The stock decreased 0.27% or $0.09 on September 8, reaching $33.16. About 893,293 shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since September 7, 2016 and is uptrending. It has underperformed by 2.90% the S&P500.

Additionally, here are a few investment firms who have increased or decreased their stake in (TFX). The Wisconsin-based Netols Asset Management Inc. has invested 1.35% in the stock. Short interest fell from 1,453,540 to 1,304,891 over that timeframe. It has a 43.46 P/E ratio. About 539,406 shares traded or 85.51% up from the average. Leerink Swann analyst R. Newitter now anticipates that the medical technology company will earn $2.02 per share for the quarter, up from their previous estimate of $2.01. It has outperformed by 7.66% the S&P500.

Since May 9, 2017, it had 0 insider buys, and 4 sales for $2.00 million activity. Also, Director Stephen K. M.D. Klasko sold 200 shares of the stock in a transaction dated Monday, July 3rd. 2,500 shares were sold by RANDLE STUART A, worth $514,173.

Investors sentiment decreased to 0.99 in Q4 2016. Its down 0.17, from 1.2 in 2016Q3. It is negative, as 60 investors sold TFX shares while 106 reduced holdings.

These funds have shifted positions in (TFX). Stifel Financial Corp grew its stake in shares of Teleflex by 0.6% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Teleflex were worth $2,783,000 as of its most recent filing with the Securities & Exchange Commission. Synovus Financial has invested 0.01% in Teleflex Incorporated (NYSE:TFX). The Alabama-based Leavell Investment Management Inc has invested 0.1% in Teleflex Incorporated (NYSE:TFX). Twin Tree Management Limited Partnership has invested 0.01% in Teleflex Incorporated (NYSE:TFX). First Manhattan invested 0% in Teleflex Incorporated (NYSE:TFX). Stonebridge Cap Mgmt reported 1,325 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.01% or 5,646 shares. Jefferies Group LLC restated a buy rating and issued a $253.00 price target (up from $230.00) on shares of Teleflex in a research note on Wednesday, August 9th. Wells Fargo & Mn holds 0.04% of its portfolio in Teleflex Incorporated (NYSE:TFX) for 786,988 shares. 344 were reported by Huntington Comml Bank. Pnc Svcs Gru holds 0% in Teleflex Incorporated (NYSE:TFX) or 24,197 shares. Manchester Management Ltd Limited Liability Company reported 0.02% stake. State Of Tennessee Treasury Department has invested 0.02% in Teleflex Incorporated (NYSE:TFX).

The consensus target price is $167.36 with 4 firms rating the stock a strong buy, 5 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell. Therefore 78% are positive. Teleflex had 18 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Brean Capital with "Buy" on Friday, March 11.

09/06/2017 - Teleflex Incorporated had its "buy" rating reiterated by analysts at Needham & Company. The stock of Teleflex Incorporated (NYSE:TFX) earned "Buy" rating by Brean Capital on Friday, February 26. The rating was initiated by Needham on Tuesday, March 7 with "Buy".

Teleflex (NYSE:TFX) last announced its quarterly earnings data on Thursday, October 27th. The rating was maintained by Barclays Capital with "Overweight" on Tuesday, June 14. The company was maintained on Tuesday, September 5 by KeyBanc Capital Markets. On Thursday, April 28 the stock rating was maintained by Brean Capital with "Buy". Robeco Institutional Asset Management B.V. increased its position in shares of Teleflex by 120.6% in the second quarter.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Diana Shipping had 23 analyst reports since July 27, 2015 according to SRatingsIntel. As per Friday, September 4, the company rating was maintained by Jefferies. Morgan Stanley upgraded Teleflex from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $220.00 to $274.00 in a research note on Wednesday. The stock has "Market Perform" rating by BMO Capital Markets on Friday, January 8. The rating was maintained by RBC Capital Markets on Thursday, June 22 with "Outperform". The firm has "Hold" rating by Stifel Nicolaus given on Monday, May 29. Its down 0.22, from 1.33 in 2016Q3. Liberty Mutual Grp Asset Mngmt holds 0.11% or 19,582 shares. Legacy Private Trust holds 0.29% of its portfolio in Teleflex Incorporated (NYSE:TFX) for 13,122 shares. Symphony Asset Ltd Liability Com invested in 0.1% or 5,844 shares. Td Asset holds 0.02% in CA, Inc. Ameriprise Inc stated it has 469,073 shares. Profund Advsr Limited holds 7,176 shares. Delta Lloyd Nv owns 23,785 shares or 0.02% of their U.S. portfolio. American Century Companies Inc. now owns 839,080 shares of the medical technology company's stock valued at $174,327,000 after acquiring an additional 155,863 shares during the last quarter. Toronto Dominion Bancorp holds 0% or 382 shares. Hemenway Ltd Com has 0.05% invested in Teleflex Incorporated (NYSE:TFX). Company insiders own 2.39% of the company's stock. Ls Invest Lc invested in 11,905 shares. Following the completion of the transaction, the director now directly owns 8,080 shares of the company's stock, valued at $1,710,940.


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