Atlanta Capital Management Co LLC Trimmed Its Teleflex INC (TFX) Holding as Stock Rose

Teleflex Incorporated (NYSE:TFX) LogoInvestors sentiment increased to 1.21 in Q1 2019. Its up 0.36, from 0.85 in 2018Q4. It improved, as 17 investors sold TFX shares while 127 reduced holdings. 71 funds opened positions while 103 raised stakes. 40.39 million shares or 10.12% less from 44.93 million shares in 2018Q4 were reported. Farmers & Merchants Investments owns 0% invested in Teleflex Incorporated (NYSE:TFX) for 20 shares. Keybank Association Oh holds 0% in Teleflex Incorporated (NYSE:TFX) or 2,527 shares. Profund Limited Liability Corp has 1,712 shares for 0.02% of their portfolio. Loomis Sayles & LP reported 61,562 shares or 0.04% of all its holdings. Cleararc invested in 0.06% or 1,127 shares. Roundview Ltd Com reported 940 shares. Parallax Volatility Advisers Lp stated it has 98 shares or 0% of all its holdings. Polar Llp invested in 0.55% or 194,771 shares. Oppenheimer Asset Management invested 0.02% in Teleflex Incorporated (NYSE:TFX). First Personal Fincl Svcs reported 32 shares stake. Arizona State Retirement System invested in 0.03% or 8,837 shares. State Common Retirement Fund accumulated 88,950 shares or 0.03% of the stock. Gateway Investment Advisers Ltd owns 27,531 shares for 0.07% of their portfolio. Deutsche State Bank Ag reported 71,967 shares. Dimensional Fund Advisors Lp holds 0.03% of its portfolio in Teleflex Incorporated (NYSE:TFX) for 237,789 shares.

Since March 7, 2019, it had 1 buying transaction, and 0 selling transactions for $356,250 activity.

Atlanta Capital Management Co Llc decreased its stake in Teleflex Inc (TFX) by 8.66% based on its latest 2019Q1 regulatory filing with the SEC. Atlanta Capital Management Co Llc sold 227,934 shares as the company’s stock rose 4.98% with the market. The institutional investor held 2.40M shares of the medical and dental instruments company at the end of 2019Q1, valued at $726.56 million, down from 2.63 million 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 $15.43 billion market cap company. The stock decreased 0.51% or $1.71 during the last trading session, reaching $334.27. About 206,363 shares traded. Teleflex Incorporated (NYSE:TFX) has risen 11.43% since July 14, 2018 and is uptrending. It has outperformed by 7.00% the S&P500.

Atlanta Capital Management Co Llc, which manages about $16.77B and $20.88B US Long portfolio, upped its stake in Visa Inc (NYSE:V) by 71,924 shares to 1.57M shares, valued at $244.88 million in 2019Q1, according to the filing. It also increased its holding in Hunt J B Trans Svcs Inc (NASDAQ:JBHT) by 34,843 shares in the quarter, for a total of 3.50M shares, and has risen its stake in Broadridge Finl Solutions In (NYSE:BR).

Analysts await Teleflex Incorporated (NYSE:TFX) to report earnings on August, 1. They expect $2.59 earnings per share, up 4.86 % or $0.12 from last year’s $2.47 per share. TFX’s profit will be $119.54 million for 32.27 P/E if the $2.59 EPS becomes a reality. After $2.24 actual earnings per share reported by Teleflex Incorporated for the previous quarter, Wall Street now forecasts 15.63 % EPS growth.

More notable recent Teleflex Incorporated (NYSE:TFX) news were published by: Globenewswire.com which released: “Teleflex to Present at the Raymond James Life Sciences and MedTech Conference – GlobeNewswire” on June 05, 2019, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Apple, Best Buy, Eli Lilly, Hilton, Hyatt, Kraft Heinz, Procter & Gamble, Snap and More – 24/7 Wall St.” published on April 24, 2019, Prweb.com published: “NeoTract Designates Dr. Richard Windsor as UroLift® Center of Excellence – PR Web” on July 11, 2019. More interesting news about Teleflex Incorporated (NYSE:TFX) were released by: Seekingalpha.com and their article: “Teleflex Q1 Earnings Preview – Seeking Alpha” published on May 01, 2019 as well as Globenewswire.com‘s news article titled: “Teleflex Announces Multiple Data Presentations from Studies of the UroLift® System Treatment for Enlarged Prostate at the American Urological Association 2019 Meeting – GlobeNewswire” with publication date: May 01, 2019.

Teleflex Incorporated (NYSE:TFX) Ratings Coverage

Among 7 analysts covering Teleflex Inc (NYSE:TFX), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Teleflex Inc has $350 highest and $287 lowest target. $327.71’s average target is -1.96% below currents $334.27 stock price. Teleflex Inc had 14 analyst reports since February 21, 2019 according to SRatingsIntel. The stock has “Buy” rating by Stephens on Thursday, February 21. As per Tuesday, February 26, the company rating was maintained by Morgan Stanley. The stock has “Buy” rating by Needham on Friday, February 22. The stock has “Buy” rating by Needham on Tuesday, March 26. The rating was downgraded by Needham to “Buy” on Wednesday, April 24. Raymond James maintained Teleflex Incorporated (NYSE:TFX) on Thursday, June 20 with “Buy” rating. On Friday, March 22 the stock rating was maintained by UBS with “Buy”. Raymond James maintained Teleflex Incorporated (NYSE:TFX) rating on Wednesday, March 27. Raymond James has “Strong Buy” rating and $348 target. As per Friday, February 22, the company rating was maintained by Barclays Capital. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, April 15.

Teleflex Incorporated (NYSE:TFX) Institutional Positions Chart

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