LMR Partners LLP Buys New Holdings in Red Hat Inc (NYSE:RHT)


Currently, 167.37 million total shares are owned by the public and among those 164.82 million shares have been available to trade. Red Hat, Inc. (RHT) has risen 18.97% since December 7, 2016 and is uptrending.

Among 33 analysts covering Red Hat (NYSE:RHT), 24 have Buy rating, 1 Sell and 8 Hold. Therefore 31% are positive. Finish Line had 77 analyst reports since August 3, 2015 according to SRatingsIntel.

In the most updated research from a number of analysts on Wall Street, the company gets 21 Buys and 2 Sell among 30 analysts. On Thursday, September 22 the stock rating was maintained by UBS with "Buy". The firm earned "Buy" rating on Friday, August 25 by RBC Capital Markets. The firm earned "Buy" rating on Friday, August 25 by RBC Capital Markets. Piper Jaffray downgraded the shares of FINL in report on Wednesday, December 9 to "Neutral" rating. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and twenty-four have given a buy rating to the stock. The stock increased 0.59% or $0.14 during the last trading session, reaching $23.84. (NASDAQ:FINL) has declined 19.69% since December 7, 2016 and is downtrending. It has outperformed by 42.98% the S&P500. It last reported revenues of $498.17 million and EPS of $0.38 for the September 2017, representing 39% top-line growth and 0.23 EPS growth. Its down 0.07, from 1.32 in 2017Q1. Penn Davis Mcfarland Inc holds 1.42% or 209,040 shares. Sumitomo Mitsui Trust Holdings Inc. now owns 629,475 shares of the open-source software company's stock valued at $69,784,000 after purchasing an additional 53,269 shares in the last quarter. (NASDAQ:FINL). Robeco Institutional Asset Mgmt Bv holds 0.06% or 602,745 shares in its portfolio. Finally, State of Alaska Department of Revenue bought a new stake in shares of Red Hat during the 2nd quarter worth $122,000. Fortaleza Asset Management Inc holds 0.78% or 4,295 shares.

Sustainable Growth Advisers Lp decreased Red Hat Inc (RHT) stake by 11.54% reported in 2017Q2 SEC filing. Geode Cap Ltd Company invested in 0% or 26,221 shares. Strs Ohio stated it has 265,700 shares or 0.11% of all its holdings. (NYSE:RHT). Dimensional Fund Advsrs Lp invested in 423,556 shares or 0.02% of the stock. 403.41 million shares or 1.48% less from 409.46 million shares in 2017Q1 were reported. Rhumbline Advisers owns 1.40M shares. (NYSE:RHT) for 158,135 shares. Trexquant Inv Limited Partnership invested in 19,700 shares. State Of Alaska Department Of Revenue owns 15,640 shares or 0.02% of their U.S. portfolio. The stock has a market capitalization of $21,449.83, a P/E ratio of 66.10, a PEG ratio of 3.82 and a beta of 1.19. It operates in six divisions: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. Also, it has an estimated price-earnings (P/E) multiple of 36.86 and a trailing 12-month price-earnings (P/E) multiple of 72.51. The companyÂ's deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. They expect $1.69 EPS, up 103.61% or $0.86 from last year's $0.83 per share.

ING Groep NV decreased its holdings in Red Hat Inc (NYSE:RHT) by 91.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. 157.87 million shares or 0.26% more from 157.46 million shares in 2017Q1 were reported. Amp Capital Ltd stated it has 78,833 shares. 24,360 are owned by Norinchukin Bancorporation The. Raymond James Trust Na reported 0.03% of its portfolio in Red Hat, Inc. Over the last quarter, insiders have sold 34,172 shares of company stock valued at $3,926,377. 98 were reported by Thompson Siegel Walmsley Lc. Ahl Ptnrs Ltd Liability Partnership owns 68,605 shares. Red Hat, Inc. has 177.26 million shares outstanding, and in the last trade has seen ATR around 2.66. (NYSE:RHT). Moreover, Arrowgrass Capital (Us) L P has 0.98% invested in Red Hat, Inc. (NYSE:RHT) for 997,017 shares. Regentatlantic Cap Limited Liability Company holds 0.2% in Caterpillar Inc. Kentucky Retirement Ins Fund owns 4,869 shares for 0.08% of their portfolio. Reilly Fincl Llc owns 100 shares for 0% of their portfolio. (NYSE:RHT) news were published by: "Businesswire.com which released: "Red Hat Releases Red Hat OpenShift Application Runtimes to Empower Simple ..." on December 05, 2017, also Businesswire.com published article titled: "Red Hat Helps Power Big Data's Future with SAP® Voraâ"¢ on Red Hat OpenShift ...", Businesswire.com published: "Latest Version of Red Hat OpenShift Container Platform Joins Infrastructure ..." on November 16, 2017.

Analysts expect Red Hat, Inc. (NASDAQ:FINL) on Monday, September 28 with "Buy" rating. As per Wednesday, June 21, the company rating was maintained by BMO Capital Markets. Rosenblatt initiated Red Hat, Inc. The company was maintained on Thursday, June 23 by BMO Capital Markets.

Champlain Investment Partners Llc decreased its stake in Red Hat Inc.

In related news, EVP Paul J. Cormier sold 26,423 shares of the firm's stock in a transaction that occurred on Thursday, May 4th. (NASDAQ:FINL) on Friday, December 4 with "Hold" rating. The company was maintained on Monday, March 7 by BMO Capital Markets. The firm has "Neutral" rating by Bank of America given on Tuesday, January 26. Jefferies maintained the shares of RHT in report on Thursday, September 22 with "Hold" rating.

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