As Teleflex INC (TFX) Valuation Rose, Holder Atlanta Capital Management Co LLC Has Trimmed by $7.15 Million Its Position

February 15, 2018 - By Marry Poplack

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.11, from 0.99 in 2017Q2. It increased, as 23 investors sold TFX shares while 114 reduced holdings. 49 funds opened positions while 102 raised stakes. 39.29 million shares or 3.24% less from 40.61 million shares in 2017Q2 were reported. Northwestern Mutual Wealth Management Co has invested 0% in Teleflex Incorporated (NYSE:TFX). Guyasuta Advsrs Inc stated it has 0.14% in Teleflex Incorporated (NYSE:TFX). Martingale Asset Lp stated it has 78,625 shares. State Street Corporation holds 0.03% or 1.42M shares. 380,000 are owned by Parnassus Invs Ca. Trust Of Vermont, a Vermont-based fund reported 450 shares. 12,625 were accumulated by Parthenon Ltd Liability Corp. Nationwide Fund Advsr accumulated 0.07% or 75,946 shares. Credit Agricole S A owns 47,349 shares for 0.04% of their portfolio. 3,508 are held by Blair William Company Il. Goldman Sachs invested 0.02% of its portfolio in Teleflex Incorporated (NYSE:TFX). Livforsakringsbolaget Skandia Omsesidigt reported 0.02% of its portfolio in Teleflex Incorporated (NYSE:TFX). Fayerweather Charles has 1,200 shares. Pnc Fin Svcs Group Incorporated holds 0.01% or 24,137 shares. Eaton Vance Management has invested 0.05% of its portfolio in Teleflex Incorporated (NYSE:TFX).

Since September 1, 2017, it had 0 buys, and 6 insider sales for $1.56 million activity. BABICH GEORGE JR also sold $707,775 worth of Teleflex Incorporated (NYSE:TFX) shares.

Atlanta Capital Management Co Llc decreased its stake in Teleflex Inc (TFX) by 1.18% based on its latest 2017Q3 regulatory filing with the SEC. Atlanta Capital Management Co Llc sold 29,649 shares as the company’s stock rose 9.27% with the market. The institutional investor held 2.49 million shares of the medical and dental instruments company at the end of 2017Q3, valued at $602.46 million, down from 2.52M at the end of the previous reported quarter. Atlanta Capital Management Co Llc who had been investing in Teleflex Inc for a number of months, seems to be less bullish one the $11.90 billion market cap company. The stock increased 1.20% or $3.12 during the last trading session, reaching $264.08. About 104,442 shares traded. Teleflex Incorporated (NYSE:TFX) has risen 24.36% since February 15, 2017 and is uptrending. It has outperformed by 7.66% the S&P500.

Atlanta Capital Management Co Llc, which manages about $16.77B and $17.67 billion US Long portfolio, upped its stake in Mondelez Intl Inc (NASDAQ:MDLZ) by 128,851 shares to 1.76M shares, valued at $71.49M in 2017Q3, according to the filing. It also increased its holding in Verisk Analytics Inc (NASDAQ:VRSK) by 262,188 shares in the quarter, for a total of 699,876 shares, and has risen its stake in Markel Corp (NYSE:MKL).

Analysts await Teleflex Incorporated (NYSE:TFX) to report earnings on February, 22. They expect $2.38 EPS, up 11.74 % or $0.25 from last year’s $2.13 per share. TFX’s profit will be $107.22M for 27.74 P/E if the $2.38 EPS becomes a reality. After $2.12 actual EPS reported by Teleflex Incorporated for the previous quarter, Wall Street now forecasts 12.26 % EPS growth.

More important recent Teleflex Incorporated (NYSE:TFX) news were published by: which released: “Teleflex Announces US Launch of Two Next-Generation Versions of Its 0.035 …” on February 05, 2018, also published article titled: “Impact of Common Men’s Health Condition Extends to Other Side of the Bed”, published: “Teleflex Announces Fourth Quarter and Full Year 2017 Earnings Conference Call …” on February 08, 2018. More interesting news about Teleflex Incorporated (NYSE:TFX) was released by: and their article: “Teleflex Incorporated to Acquire NeoTract” with publication date: September 05, 2017.

Teleflex Incorporated (NYSE:TFX) Ratings Coverage

Among 11 analysts covering Teleflex (NYSE:TFX), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Teleflex had 32 analyst reports since July 31, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Equal-Weight” rating and $290 target in Friday, November 3 report. Stephens maintained the shares of TFX in report on Wednesday, January 17 with “Buy” rating. Morgan Stanley upgraded Teleflex Incorporated (NYSE:TFX) rating on Wednesday, September 6. Morgan Stanley has “Buy” rating and $274.0 target. The stock has “Hold” rating by KeyBanc Capital Markets on Thursday, October 12. Barclays Capital maintained Teleflex Incorporated (NYSE:TFX) rating on Tuesday, June 14. Barclays Capital has “Overweight” rating and $183 target. The stock has “Buy” rating by Brean Capital on Friday, July 31. Needham maintained Teleflex Incorporated (NYSE:TFX) on Friday, November 3 with “Buy” rating. Brean Capital maintained Teleflex Incorporated (NYSE:TFX) on Thursday, April 28 with “Buy” rating. Raymond James upgraded Teleflex Incorporated (NYSE:TFX) on Wednesday, January 6 to “Strong Buy” rating. On Thursday, November 16 the stock rating was maintained by KeyBanc Capital Markets with “Hold”.

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