Meritage Portfolio Management Stake in Intuitive Surgical (ISRG) Upped by $3.57 Million as Shares Rose; As Equity Residential (EQR) Stock Price Rose, Shareholder Fiduciary Trust Company Lowered Its Holding by $315,770

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Fiduciary Trust Company decreased its stake in Equity Residential (EQR) by 9.82% based on its latest 2018Q4 regulatory filing with the SEC. Fiduciary Trust Company sold 4,858 shares as the company’s stock rose 5.35% with the market. The institutional investor held 44,591 shares of the real estate investment trusts company at the end of 2018Q4, valued at $2.94M, down from 49,449 at the end of the previous reported quarter. Fiduciary Trust Company who had been investing in Equity Residential for a number of months, seems to be less bullish one the $28.69B market cap company. The stock decreased 1.31% or $0.99 during the last trading session, reaching $74.74. About 1.24M shares traded. Equity Residential (NYSE:EQR) has risen 31.36% since April 17, 2018 and is uptrending. It has outperformed by 26.99% the S&P500. Some Historical EQR News: 15/03/2018 Equity Residential Declares First Quarter Dividends; Increases Annualized Dividend by 7.2%; Sets Record and Meeting Dates for; 24/04/2018 – Equity Residential’s Forecast Beats Projections — Earnings Review; 26/03/2018 – Real Deal NY: Equity Residential sells UES rental building for north of $85M; 24/04/2018 – EQUITY RESIDENTIAL 1Q NORMALIZED FFO/SHR 77C, EST. 77C; 24/04/2018 – Equity Residential 1Q FFO 71c/Shr; 25/04/2018 – LONG ISLAND CITY SUPPLY NOT IMPACTING RENTS IN MANHATTAN: EQR; 24/04/2018 – EQUITY RESIDENTIAL 1Q REV. $633.0M, EST. $627.9M; 24/04/2018 – EQR SEES 2Q NORMALIZED FFO/SHR 77C TO 81C, EST. 80C; 25/04/2018 – EQR INCOMING COO MICHAEL MANELIS SPEAKS ON CALL; 25/04/2018 – EQR: ‘PRICE PRESSURE’ EXPECTED IN LA WITH NEW SUPPLY

Meritage Portfolio Management increased its stake in Intuitive Surgical Inc (ISRG) by 25.36% based on its latest 2018Q4 regulatory filing with the SEC. Meritage Portfolio Management bought 7,463 shares as the company’s stock rose 5.37% with the market. The institutional investor held 36,890 shares of the health care company at the end of 2018Q4, valued at $17.67M, up from 29,427 at the end of the previous reported quarter. Meritage Portfolio Management who had been investing in Intuitive Surgical Inc for a number of months, seems to be bullish on the $60.79 billion market cap company. The stock decreased 6.14% or $34.49 during the last trading session, reaching $526.94. About 1.15M shares traded or 80.85% up from the average. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 33.44% since April 17, 2018 and is uptrending. It has outperformed by 29.07% the S&P500. Some Historical ISRG News: 02/05/2018 – Intuitive Surgical Presenting at Conference May 15; 17/04/2018 – Intuitive Surgical 1Q EPS $2.44; 23/04/2018 – Labaton Sucharow LLP Announces Notice of Pendency of Class Action in the In re Intuitive Surgical Securities Litigation; 17/04/2018 – INTUITIVE SURGICAL 1Q REV. $848M, EST. $778.5M

Fiduciary Trust Company, which manages about $3.26 billion US Long portfolio, upped its stake in Ishares Tr (IJH) by 22,492 shares to 175,346 shares, valued at $29.12M in 2018Q4, according to the filing. It also increased its holding in Ishares Tr (IWR) by 10,572 shares in the quarter, for a total of 14,096 shares, and has risen its stake in Vanguard Malvern Fds (VTIP).

Since October 25, 2018, it had 0 insider buys, and 25 selling transactions for $36.87 million activity. Fenster Scott had sold 500 shares worth $36,000. $1.79M worth of stock was sold by NEITHERCUT DAVID J on Monday, December 3. Another trade for 687 shares valued at $49,610 was made by Garechana Robert on Tuesday, February 5. 315 shares valued at $22,747 were sold by Sorenson Christa L on Tuesday, February 5. Shares for $840,595 were sold by Santee David S. $739,980 worth of Equity Residential (NYSE:EQR) was sold by Altshuler Barry on Friday, November 30.

More recent Equity Residential (NYSE:EQR) news were published by: Seekingalpha.com which released: “Equity Residential floats $400M in green bonds – Seeking Alpha” on December 05, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For April 11, 2019 – Benzinga” on April 11, 2019. Seekingalpha.com‘s news article titled: “Equity Residential declares $0.5675 dividend – Seeking Alpha” with publication date: March 14, 2019 was also an interesting one.

Analysts await Equity Residential (NYSE:EQR) to report earnings on April, 23. They expect $0.81 EPS, up 5.19% or $0.04 from last year’s $0.77 per share. EQR’s profit will be $310.91M for 23.07 P/E if the $0.81 EPS becomes a reality. After $0.84 actual EPS reported by Equity Residential for the previous quarter, Wall Street now forecasts -3.57% negative EPS growth.

Investors sentiment increased to 1.07 in Q4 2018. Its up 0.12, from 0.95 in 2018Q3. It improved, as 33 investors sold EQR shares while 144 reduced holdings. 53 funds opened positions while 136 raised stakes. 316.74 million shares or 1.21% more from 312.96 million shares in 2018Q3 were reported. Connecticut-based Aqr Capital Mgmt Llc has invested 0.05% in Equity Residential (NYSE:EQR). Pnc Financial Serv Gp accumulated 0.01% or 86,851 shares. Stevens Mngmt Ltd Partnership has 30,637 shares. Blackrock Inc invested in 41.25M shares. Duff And Phelps Invest Mgmt accumulated 0.64% or 579,093 shares. Royal Commercial Bank Of Canada accumulated 82,774 shares. Mufg Americas Holdg Corporation holds 0.01% of its portfolio in Equity Residential (NYSE:EQR) for 4,676 shares. Cambridge Rech Advsrs accumulated 5,174 shares. Ci Invs reported 337,200 shares stake. Martingale Asset Limited Partnership invested in 310,928 shares or 0.27% of the stock. Bessemer Group Inc has 3,076 shares for 0% of their portfolio. 2,073 are owned by Bbva Compass Financial Bank. Fiduciary owns 44,591 shares. Texas Permanent School Fund reported 74,107 shares or 0.09% of all its holdings. Northern holds 0.12% or 6.74 million shares.

Investors sentiment decreased to 1.14 in 2018 Q4. Its down 0.04, from 1.18 in 2018Q3. It turned negative, as 48 investors sold ISRG shares while 230 reduced holdings. 84 funds opened positions while 233 raised stakes. 108.79 million shares or 17.09% more from 92.91 million shares in 2018Q3 were reported. Tiverton Asset Lc stated it has 44,971 shares. 73,651 are owned by Pnc Financial Svcs Incorporated. Advisory Serv Networks Llc holds 0.32% or 7,663 shares in its portfolio. 48,034 were accumulated by Envestnet Asset Mngmt. Jag Limited Liability Company holds 3.05% or 32,438 shares in its portfolio. Highland Management Ltd Partnership invested in 0.24% or 6,500 shares. 3,242 were reported by Rmb Management Limited Liability Com. Cambridge Advsrs reported 486 shares. Geode Capital Mgmt Lc reported 1.44M shares. Umb Bank & Trust N A Mo owns 1,616 shares. California State Teachers Retirement Systems holds 0.2% or 185,303 shares in its portfolio. Bb&T Secs Ltd Llc reported 0.02% stake. Massmutual Trust Co Fsb Adv stated it has 10 shares. Cibc Ww Markets owns 15,501 shares for 0.04% of their portfolio. Fifth Third Bancorporation invested in 0% or 767 shares.

More notable recent Intuitive Surgical, Inc. (NASDAQ:ISRG) news were published by: Forbes.com which released: “Intuitive Surgical Upside If da Vinci Systems Reaches 25% Share In Global Surgical Robots Market? – Forbes” on March 27, 2019, also Nasdaq.com with their article: “Stock Market News For Mar 18, 2019 – Nasdaq” published on March 18, 2019, Nasdaq.com published: “Here’s Why You Should Buy Intuitive Surgical (ISRG) Now – Nasdaq” on November 23, 2018. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) were released by: Nasdaq.com and their article: “Intuitive Surgical: ISRG Stock Dips on Q4 Profit Miss, Revenue Beat – Nasdaq” published on January 24, 2019 as well as Nasdaq.com‘s news article titled: “ISRG Makes Notable Cross Below Critical Moving Average – Nasdaq” with publication date: December 14, 2018.

Meritage Portfolio Management, which manages about $1.31 billion and $876.42 million US Long portfolio, decreased its stake in Best Buy (NYSE:BBY) by 8,185 shares to 80,322 shares, valued at $4.25 million in 2018Q4, according to the filing. It also reduced its holding in Plains Gp Holdings Lp by 98,445 shares in the quarter, leaving it with 129,485 shares, and cut its stake in State Street Corporation (NYSE:STT).

Intuitive Surgical, Inc. (NASDAQ:ISRG) Institutional Positions Chart