Atlanta Capital Management Co LLC Has Decreased Holding in Teleflex INC (TFX) by $7.15 Million

February 15, 2018 - By Peter Erickson

Investors sentiment increased to 1.1 in Q3 2017. 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. 35,158 were reported by Los Angeles Mngmt And Equity. Swiss Financial Bank reported 0.05% of its portfolio in Teleflex Incorporated (NYSE:TFX). Goldman Sachs Grp Inc holds 369,536 shares or 0.02% of its portfolio. Leavell Inc invested in 0.13% or 4,500 shares. Rice Hall James & Assoc Limited Liability Company invested in 1.1% or 103,098 shares. Fairview Cap Inv Mngmt Ltd Co holds 3.01% of its portfolio in Teleflex Incorporated (NYSE:TFX) for 197,727 shares. Franklin Resource reported 502,360 shares. Tiaa Cref Invest Mgmt Ltd Limited Liability Company accumulated 98,136 shares or 0.02% of the stock. Bessemer Gp Incorporated reported 7,520 shares stake. Fisher Asset Mgmt Limited reported 0.02% of its portfolio in Teleflex Incorporated (NYSE:TFX). Blackrock Inc holds 4.55M shares or 0.06% of its portfolio. Southeast Asset Advsr accumulated 8,780 shares or 0.67% of the stock. Acadian Asset Management Limited Company stated it has 290,856 shares or 0.31% of all its holdings. Deutsche Natl Bank Ag invested in 88,841 shares. Moreover, Nomura Asset has 0.05% invested in Teleflex Incorporated (NYSE:TFX) for 15,190 shares.

Since September 1, 2017, it had 0 buys, and 6 selling transactions for $1.56 million activity. The insider BABICH GEORGE JR sold 2,500 shares worth $707,775.

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 $11.90B 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 Manhattan Assocs Inc (NASDAQ:MANH) by 222,359 shares to 7.91M shares, valued at $328.93M in 2017Q3, according to the filing. It also increased its holding in Intuit (NASDAQ:INTU) by 296,481 shares in the quarter, for a total of 504,885 shares, and has risen its stake in Accenture Plc Ireland (NYSE:ACN).

Analysts await Teleflex Incorporated (NYSE:TFX) to report earnings on February, 22. They expect $2.38 earnings per share, up 11.74 % or $0.25 from last year’s $2.13 per share. TFX’s profit will be $107.22 million for 27.74 P/E if the $2.38 EPS becomes a reality. After $2.12 actual earnings per share 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 Incorporated to Acquire NeoTract” on September 05, 2017, also published article titled: “Impact of Common Men’s Health Condition Extends to Other Side of the Bed”, published: “Teleflex Announces US Launch of Two Next-Generation Versions of Its 0.035 …” on February 05, 2018. More interesting news about Teleflex Incorporated (NYSE:TFX) was released by: and their article: “Teleflex Announces Fourth Quarter and Full Year 2017 Earnings Conference Call …” with publication date: February 08, 2018.

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. The stock has “Buy” rating by Brean Capital on Friday, July 31. On Tuesday, September 5 the stock rating was maintained by Jefferies with “Buy”. The company was maintained on Thursday, April 28 by Brean Capital. KeyBanc Capital Markets maintained the stock with “Hold” rating in Tuesday, September 5 report. The rating was maintained by Needham on Friday, November 3 with “Buy”. The firm earned “Equal-Weight” rating on Friday, November 3 by Morgan Stanley. As per Tuesday, November 14, the company rating was downgraded by Deutsche Bank. The stock of Teleflex Incorporated (NYSE:TFX) has “Strong Buy” rating given on Wednesday, January 6 by Raymond James. As per Friday, November 10, the company rating was initiated by Piper Jaffray. The stock of Teleflex Incorporated (NYSE:TFX) has “Outperform” rating given on Friday, September 8 by Leerink Swann.

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