Albion Financial Group UT increased its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) by 200.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,005 shares of the medical equipment provider’s stock after purchasing an additional 670 shares during the period. Albion Financial Group UT’s holdings in Intuitive Surgical were worth $367,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. CWM LLC lifted its position in Intuitive Surgical by 200.0% during the fourth quarter. CWM LLC now owns 285 shares of the medical equipment provider’s stock worth $104,000 after acquiring an additional 190 shares during the last quarter. American National Bank lifted its position in Intuitive Surgical by 200.0% during the fourth quarter. American National Bank now owns 300 shares of the medical equipment provider’s stock worth $109,000 after acquiring an additional 200 shares during the last quarter. Spectrum Management Group Inc. raised its position in shares of Intuitive Surgical by 154.2% in the fourth quarter. Spectrum Management Group Inc. now owns 300 shares of the medical equipment provider’s stock valued at $109,000 after buying an additional 182 shares in the last quarter. Trustcore Financial Services LLC acquired a new stake in shares of Intuitive Surgical in the fourth quarter valued at approximately $125,000. Finally, Trust Department MB Financial Bank N A raised its position in shares of Intuitive Surgical by 200.0% in the fourth quarter. Trust Department MB Financial Bank N A now owns 345 shares of the medical equipment provider’s stock valued at $126,000 after buying an additional 230 shares in the last quarter. Institutional investors and hedge funds own 87.84% of the company’s stock.
A number of equities research analysts have recently weighed in on ISRG shares. Zacks Investment Research upgraded shares of Intuitive Surgical from a “hold” rating to a “strong-buy” rating and set a $437.00 price target for the company in a research report on Tuesday, December 12th. BidaskClub downgraded shares of Intuitive Surgical from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 12th. ValuEngine downgraded shares of Intuitive Surgical from a “hold” rating to a “sell” rating in a research report on Friday, December 29th. Evercore ISI started coverage on shares of Intuitive Surgical in a research report on Wednesday, January 3rd. They issued an “in-line” rating and a $380.00 price target for the company. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $410.00 price target on shares of Intuitive Surgical in a research report on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $415.21.
Intuitive Surgical stock opened at $424.99 on Thursday. Intuitive Surgical, Inc. has a 1 year low of $247.50 and a 1 year high of $452.00. The company has a market cap of $48,261.68, a P/E ratio of 74.82, a price-to-earnings-growth ratio of 5.09 and a beta of 0.51.
Intuitive Surgical (NASDAQ:ISRG) last announced its quarterly earnings data on Thursday, January 25th. The medical equipment provider reported $2.54 EPS for the quarter, beating the consensus estimate of $2.27 by $0.27. Intuitive Surgical had a net margin of 21.09% and a return on equity of 19.93%. The business had revenue of $892.40 million during the quarter, compared to the consensus estimate of $866.54 million. During the same period in the previous year, the business earned $2.03 earnings per share. The company’s revenue was up 17.9% on a year-over-year basis. equities research analysts forecast that Intuitive Surgical, Inc. will post 7.85 EPS for the current fiscal year.
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About Intuitive Surgical
Intuitive Surgical, Inc (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon’s hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports.
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