Northcoast Asset Management LLC Stake in Intuit INC (INTU) Increased by $7.51 Million as Shares Rose

April 17, 2018 - By Sheila Anderson

Intuit Inc. (NASDAQ:INTU) Corporate LogoBig Money Sentiment decreased to 0.9 in Q4 2017. It has change of 0.02, from 2017Q3’s 0.92. The ratio worsened due to INTU positioning: 48 sold and 247 reduced. 65 funds amassed stakes and 200 increased stakes. Investors holded 215.12 million in 2017Q3 but now own 216.67 million shares or 0.72% more. Great West Life Assurance Can has 0.07% invested in Intuit Inc. (NASDAQ:INTU) for 188,341 shs. Arcadia Inv Mgmt Mi holds 1.74% or 39,314 shs. First Personal Fin Services has invested 0.03% in Intuit Inc. (NASDAQ:INTU). Hanson & Doremus Investment Management accumulated 164 shs. Loring Wolcott Coolidge Fiduciary Advsr Limited Liability Partnership Ma stated it has 1.18 million shs or 3.41% of all its holdings. State Of Tennessee Treasury Department invested in 97,596 shs or 0.07% of the stock. Balyasny Asset Mgmt Limited Liability owns 72,227 shs. Citigroup Inc holds 0.05% or 400,646 shs. Comgest Glob Sas stated it has 1.51% in Intuit Inc. (NASDAQ:INTU). State Of Alaska Department Of Revenue reported 30,923 shs stake. 36,000 were accumulated by Highland Cap Mgmt L P. Cohen Klingenstein Ltd Co holds 0.46% or 20,600 shs. Autus Asset Mgmt Limited Liability holds 1.75% or 60,779 shs in its capital. Advsr Asset Management reported 0.03% in Intuit Inc. (NASDAQ:INTU). Rathbone Brothers Public Limited accumulated 165,820 shs or 1.06% of the stock.

INTU registered $190.37 million net activity with 0 insider buys and 7 sales since December 18, 2017. The insider STANSBURY HENRY TAYLOE sold 9,666 shs worth $1.66M.

The holdings In Intuit Inc (INTU) was rose owned by Northcoast Asset Management Llc. According to 2017Q4 Securities and Exchange form the decrease is 29.5%. The company’s stock rose 9.31% while stock markets declined as Northcoast Asset Management Llc bought 47,824 shares. The prepackaged software company reported $33.12 million value for the 2017Q4. Now the institutional investor is holding 209,926 shares, compared to the 162,102 from the previous quarter. Northcoast Asset Management Llc has cut its stake in Intel Corp Com (NASDAQ:INTC) and also reduced its holding in Quest Diagnostics Inc Com (NYSE:DGX) by 44,376 shares in the quarter, for a total of 129,026 shares.

Intuit Inc. (NASDAQ:INTU) Ratings Coverage

Total analysts of 14 have positions in Intuit (NASDAQ:INTU) as follows: 7 rated it a “Buy”, 1 with “Sell” and 6 with “Hold”. The positive are 50%. The firm has $200.0 highest while $120 is the lowest [Target]. The average target $176.79 is 0.85% above the last ($175.3) price. Since October 27, 2017 according to StockzIntelligence Inc Intuit has 25 analyst reports. In Monday, January 29 report Oppenheimer maintained it with “Buy” rating and $181.0 target. On Thursday, February 22 the company was maintained by RBC Capital Markets. On Tuesday, October 31 the stock of Intuit Inc. (NASDAQ:INTU) has “Buy” rating given by Jefferies. On Tuesday, January 9 the firm earned “Buy” rating by Credit Suisse. On Friday, February 23 the stock of Intuit Inc. (NASDAQ:INTU) earned “Buy” rating by Oppenheimer. The company rating was maintained by Jefferies on Monday, January 22. In Friday, February 23 report Barclays Capital maintained the stock with “Equal-Weight” rating. On Tuesday, February 13 the firm earned “Equal-Weight” rating by Barclays Capital. On Tuesday, January 9 the stock of Intuit Inc. (NASDAQ:INTU) earned “Buy” rating by Deutsche Bank. On Wednesday, November 15 the stock of Intuit Inc. (NASDAQ:INTU) earned “Equal-Weight” rating by Barclays Capital.

Intuit Inc. (NASDAQ:INTU) Institutional Investors Chart

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