Shares of Red Hat, Inc. The company's revenue was up 19.2% compared to the same quarter a year ago. Insiders sold 274,025 shares of company stock worth $24,543,276 in the last 90 days. (NYSE RHT) traded up 0.66% during trading on Friday, reaching $98.42. It has outperformed by 26.09% the S&P500. The open-source software company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.03. The fund owned 286,836 shares of the open-source software company's stock after selling 4,321 shares during the period. Discover Finl Svcs now has $23.45 billion valuation. Cunningham now owns $2,902,530 of the stock per the Form 4 SEC filing. More interesting news about Red Hat Inc (NYSE:RHT) were released by: Nasdaq.com and their article: "Red Hat Now a Strong Buy on Impressive Q1 & Positive Views" published on July 07, 2017 as well as Fool.com's news article titled: "How Red Hat, Inc". It has underperformed by 16.70% the S&P500.
Investors sentiment decreased to 0.88 in Q4 2016. Its down -0.16, from 1.04 in 2016Q3. Bank of America downgraded the shares of RHT in report on Tuesday, January 26 to "Neutral" rating. The investment managers in our partner's database now possess: 161.03 million shares, up from 159.91 million shares in 2016Q3. Bankshares Of Montreal Can accumulated 193,755 shares. New Mexico Educational Retirement Board holds 19,348 shares or 0.06% of its portfolio. Of Toledo Na Oh reported 0.08% in Red Hat Inc (NYSE:RHT). About shares traded. Red Hat Inc (RHT) has risen 18.97% since July 14, 2016 and is uptrending. Keybank National Association Oh stated it has 12,025 shares or 0.01% of all its holdings. Clarivest Asset Mgmt Limited Liability Corporation invested in 11 shares.
Red Hat (NYSE:RHT) last announced its quarterly earnings results on Tuesday, June 20th. Washington Tru Bancorporation holds 0% or 15 shares. Nicholas Company Inc. owned approximately 0.06% of Red Hat worth $9,565,000 at the end of the most recent reporting period.
Equity analyst PiperJaffray starting coverage on RHT giving it an initial rating of "Buy". Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta invested 0.01% of its portfolio in Red Hat Inc (NYSE:RHT). The stock of Red Hat Inc (NYSE:RHT) has "Buy" rating given on Wednesday, June 21 by BTIG Research. Polar Capital Ltd Liability Partnership stated it has 0.42% in Red Hat Inc (NYSE:RHT). Now Red Hat, Inc.'s current price is $29.23 shy of the official highest sell-side analyst price target on Wall Street. Therefore 25% are positive. Finally, Rosenblatt Securities reissued a "buy" rating and set a $112.00 target price (up previously from $95.00) on shares of Red Hat in a research note on Thursday, June 22nd. Stifel Nicolaus downgraded it to "Hold" rating and $70 target in Thursday, December 22 report. The company has an average rating of "Buy" and an average price target of $99.02. The company was maintained on Friday, December 18 by RBC Capital Markets. Citigroup maintained Red Hat Inc (NYSE:RHT) rating on Thursday, September 22. The firm has "Neutral" rating by Piper Jaffray given on Friday, June 23. Wells Fargo initiated the stock with "Outperform" rating in Wednesday, January 11 report.
Cubist Systematic Strategies Llc decreased Hilton Worldwide Hldgs Inc (NYSE:HLT) stake by 43,627 shares to 6,605 valued at $180,000 in 2016Q4. It also upped Brooks Automation (NASDAQ:BRKS) stake by 134,806 shares and now owns 3.16 million shares. Eldorado Gold Corp New (NYSE:EGO) was reduced too. Oakbrook Invests Lc invested in 14,000 shares. DFS's profit will be $572.88M for 10.23 P/E if the $1.50 EPS becomes a reality. The open-source software company reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.53 by $0.03. "(NYSE:RHT) Shares Sold by New York State Teachers Retirement System" was reported by BBNS and is owned by of BBNS. Credit Suisse has "Buy" rating and $88 target. Summit Hotel Properties had 20 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of SINA Corp (NASDAQ:SINA) earned "Buy" rating by Jefferies on Friday, July 22. The firm has "Buy" rating by Cantor Fitzgerald given on Monday, June 5.
06/21/2017 - Red Hat, Inc. had its "buy" rating reiterated by analysts at Deutsche Bank. Overall, volume was down 13.23% under the stocks normal daily volume. This increase is typical for the uptrend and shows the considerable optimism among investors. 50 funds opened positions while 148 raised stakes. Whittier Trust Of Nevada accumulated 0% or 183 shares. Wisconsin-based First Business Svcs has invested 0.14% in Discover Financial Services (NYSE:DFS). Hsbc Public Limited Co reported 435,232 shares or 0.07% of all its holdings. 20,119 were reported by Tcw Group Inc. Ferguson Wellman Capital Mngmt Incorporated holds 0.74% or 252,075 shares in its portfolio.