Varian Medical Systems, Inc. (VAR) Is At $110.32 Formed Wedge; Capital Research Global Investors Raised Newell Brands (NWL) Holding

Varian Medical Systems, Inc. (VAR) formed wedge up with $113.63 target or 3.00% above today’s $110.32 share price. Varian Medical Systems, Inc. (VAR) has $10.11 billion valuation. The stock increased 0.68% or $0.75 during the last trading session, reaching $110.32. About 562,441 shares traded. Varian Medical Systems, Inc. (NYSE:VAR) has risen 29.46% since January 21, 2017 and is uptrending. It has outperformed by 12.76% the S&P500.

Capital Research Global Investors increased Newell Brands Inc (NWL) stake by 652.88% reported in 2017Q3 SEC filing. Capital Research Global Investors acquired 2.94 million shares as Newell Brands Inc (NWL)’s stock rose 13.21%. The Capital Research Global Investors holds 3.39 million shares with $144.56 million value, up from 450,000 last quarter. Newell Brands Inc now has $15.30B valuation. The stock decreased 0.22% or $0.07 during the last trading session, reaching $31.22. About 5.49M shares traded. Newell Brands Inc. (NYSE:NWL) has risen 11.94% since January 21, 2017 and is uptrending. It has underperformed by 4.76% the S&P500.

Investors sentiment increased to 1.02 in 2017 Q3. Its up 0.07, from 0.95 in 2017Q2. It improved, as 37 investors sold Varian Medical Systems, Inc. shares while 166 reduced holdings. 51 funds opened positions while 156 raised stakes. 89.98 million shares or 0.15% less from 90.12 million shares in 2017Q2 were reported. Dnb Asset Mgmt As owns 155,716 shares for 0.21% of their portfolio. Renaissance Gru Llc has invested 1.09% in Varian Medical Systems, Inc. (NYSE:VAR). 16,764 were accumulated by Exxonmobil Investment Mngmt Tx. Atlantic Gru Limited Liability Company reported 15,117 shares stake. Amp Cap holds 0.01% or 24,713 shares in its portfolio. Advantus Cap holds 9,231 shares or 0.02% of its portfolio. Cetera Advisor Ntwk Limited Liability Corp reported 0.01% in Varian Medical Systems, Inc. (NYSE:VAR). 23,740 were accumulated by Shell Asset Mngmt. 1832 Asset Mgmt Limited Partnership owns 295 shares. Schroder Inv Mngmt has 40,808 shares for 0.01% of their portfolio. Kentucky-based Kentucky Retirement has invested 0.04% in Varian Medical Systems, Inc. (NYSE:VAR). Meeder Asset Management holds 0.09% or 8,585 shares in its portfolio. Assetmark Inc owns 0% invested in Varian Medical Systems, Inc. (NYSE:VAR) for 2 shares. Calamos Advisors Ltd Liability Company has invested 0.03% in Varian Medical Systems, Inc. (NYSE:VAR). Gam Ag owns 18,622 shares for 0.08% of their portfolio.

Since August 7, 2017, it had 0 buys, and 17 insider sales for $18.18 million activity. The insider GUERTIN TIMOTHY E sold 10,000 shares worth $1.11M. KENNEDY KOLLEEN T sold 1,088 shares worth $110,489. 15,059 shares were sold by WILSON DOW R, worth $1.45 million on Monday, August 7. $93,575 worth of Varian Medical Systems, Inc. (NYSE:VAR) was sold by KUO JOHN W. ECKERT R ANDREW sold $578,594 worth of stock.

Analysts await Varian Medical Systems, Inc. (NYSE:VAR) to report earnings on January, 24 after the close. They expect $0.99 EPS, up 32.00% or $0.24 from last year’s $0.75 per share. VAR’s profit will be $90.70M for 27.86 P/E if the $0.99 EPS becomes a reality. After $1.09 actual EPS reported by Varian Medical Systems, Inc. for the previous quarter, Wall Street now forecasts -9.17% negative EPS growth.

Among 11 analysts covering Varian Medical Systems Inc. (NYSE:VAR), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. Varian Medical Systems Inc. has $121 highest and $75 lowest target. $99’s average target is -10.26% below currents $110.32 stock price. Varian Medical Systems Inc. had 31 analyst reports since August 27, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 26 by Robert W. Baird. Barrington Research maintained the stock with “Outperform” rating in Friday, January 27 report. The firm has “Neutral” rating given on Monday, October 30 by Citigroup. The company was maintained on Thursday, November 30 by RBC Capital Markets. The stock has “Neutral” rating by Robert W. Baird on Wednesday, September 28. The company was upgraded on Monday, May 8 by Citigroup. The stock of Varian Medical Systems, Inc. (NYSE:VAR) has “Neutral” rating given on Thursday, November 12 by Citigroup. The rating was maintained by Brean Capital on Thursday, April 28 with “Buy”. The company was maintained on Wednesday, October 25 by Jefferies. The rating was downgraded by Robert W. Baird on Tuesday, October 20 to “Neutral”.

Among 19 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Newell Rubbermaid Inc. had 53 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Jefferies on Thursday, September 14 to “Hold”. The firm has “Buy” rating given on Friday, August 4 by Jefferies. As per Monday, April 25, the company rating was maintained by Barclays Capital. The stock of Newell Brands Inc. (NYSE:NWL) has “Hold” rating given on Monday, November 6 by BMO Capital Markets. The rating was initiated by UBS with “Buy” on Wednesday, August 12. On Friday, November 3 the stock rating was maintained by Citigroup with “Buy”. The firm earned “Neutral” rating on Thursday, November 2 by JP Morgan. The firm has “Hold” rating given on Monday, September 11 by Jefferies. The rating was maintained by Jefferies on Monday, August 7 with “Buy”. On Tuesday, December 15 the stock rating was downgraded by Raymond James to “Mkt Perform”.

Capital Research Global Investors decreased Juniper Networks Inc (NYSE:JNPR) stake by 4.84M shares to 2.50M valued at $69.61M in 2017Q3. It also reduced East West Bancorp Inc (NASDAQ:EWBC) stake by 220,002 shares and now owns 8.41M shares. Oracle Corp (NYSE:ORCL) was reduced too.

Investors sentiment increased to 1.11 in 2017 Q3. Its up 0.17, from 0.94 in 2017Q2. It increased, as 71 investors sold NWL shares while 188 reduced holdings. 70 funds opened positions while 217 raised stakes. 442.84 million shares or 0.35% more from 441.31 million shares in 2017Q2 were reported. Us Bancshares De holds 0.03% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 247,632 shares. Principal Group reported 725,482 shares. Pension Service holds 478,930 shares. Cornerstone Advsrs stated it has 0.01% of its portfolio in Newell Brands Inc. (NYSE:NWL). Sumitomo Mitsui holds 0.09% or 1.47M shares in its portfolio. Int Ltd Ca owns 205,000 shares or 0.58% of their US portfolio. Comerica Secs reported 0.1% of its portfolio in Newell Brands Inc. (NYSE:NWL). Regent Limited Liability reported 0.36% stake. Liberty Mutual Asset Mgmt invested in 20,784 shares. Strs Ohio stated it has 0% of its portfolio in Newell Brands Inc. (NYSE:NWL). Stifel Fincl Corp holds 0.04% in Newell Brands Inc. (NYSE:NWL) or 277,053 shares. Accredited Investors reported 5,000 shares stake. L S Advsrs holds 0.21% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 29,580 shares. The Nebraska-based Cwm Limited Liability Company has invested 0.22% in Newell Brands Inc. (NYSE:NWL). Hanson & Doremus Invest Management has invested 0.01% in Newell Brands Inc. (NYSE:NWL).