Intermediate Capital Group PLC (LON:ICP) Stock Rating Maintained by Analysts at JP Morgan Cazenove; The GBX 1350.00 Target Indicates 17.34% Potential; Shelton Capital Management Has Trimmed Netapp (NTAP) Stake By $1.74 Million

In a note revealed to investors and clients on today, JP Morgan Cazenove reconfirmed their “Overweight” rating on Intermediate Capital Group PLC (LON:ICP)‘s stock. The target gives a potential upside of 17.34% from company’s last close price.

Shelton Capital Management decreased Netapp Inc (NTAP) stake by 30.55% reported in 2017Q3 SEC filing. Shelton Capital Management sold 40,500 shares as Netapp Inc (NTAP)’s stock declined 1.59%. The Shelton Capital Management holds 92,086 shares with $4.03 million value, down from 132,586 last quarter. Netapp Inc now has $16.58B valuation. The stock increased 1.07% or $0.66 during the last trading session, reaching $62.16. About 4.00 million shares traded or 39.05% up from the average. NetApp, Inc. (NASDAQ:NTAP) has risen 68.93% since February 2, 2017 and is uptrending. It has outperformed by 52.23% the S&P500.

Among 44 analysts covering Netapp Inc. (NASDAQ:NTAP), 13 have Buy rating, 7 Sell and 24 Hold. Therefore 30% are positive. Netapp Inc. had 142 analyst reports since August 17, 2015 according to SRatingsIntel. The stock of NetApp, Inc. (NASDAQ:NTAP) earned “Underweight” rating by Morgan Stanley on Thursday, August 17. The stock of NetApp, Inc. (NASDAQ:NTAP) has “Outperform” rating given on Friday, August 21 by RBC Capital Markets. The rating was upgraded by Maxim Group on Monday, August 14 to “Buy”. The stock has “Hold” rating by Jefferies on Wednesday, August 16. The stock of NetApp, Inc. (NASDAQ:NTAP) has “Hold” rating given on Wednesday, September 28 by Jefferies. As per Monday, November 13, the company rating was maintained by RBC Capital Markets. As per Thursday, November 16, the company rating was maintained by Barclays Capital. The stock has “Outperform” rating by Robert W. Baird on Monday, October 12. The rating was maintained by Oppenheimer on Wednesday, August 16 with “Hold”. RBC Capital Markets maintained it with “Hold” rating and $45.0 target in Thursday, September 7 report.

Investors sentiment is 1.18 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 38 investors sold NTAP shares while 129 reduced holdings. only 58 funds opened positions while 139 raised stakes. 244.98 million shares or 0.92% more from 242.73 million shares in 2017Q2 were reported. Moreover, Fca Corp Tx has 0.16% invested in NetApp, Inc. (NASDAQ:NTAP) for 9,000 shares. Moreover, Price T Rowe Associates Md has 0% invested in NetApp, Inc. (NASDAQ:NTAP) for 478,703 shares. Guardian Life Insurance Of America accumulated 619 shares. Profund Limited Liability Company invested in 0.02% or 8,825 shares. State Street Corporation holds 11.64 million shares. Credit Agricole S A has invested 0.07% in NetApp, Inc. (NASDAQ:NTAP). 714 were accumulated by Loomis Sayles & Limited Partnership. King Luther Cap holds 0.01% or 38,635 shares in its portfolio. Ontario Teachers Pension Plan Board holds 0.01% or 19,641 shares in its portfolio. Pnc Fincl Services Gru reported 12,376 shares. Hancock Holdg, a Mississippi-based fund reported 29,047 shares. 59,825 were reported by Hartford Investment Mgmt. Lsv Asset Mgmt owns 967,222 shares. Chase Inv Counsel has 8,099 shares. Franklin Resources Inc holds 0% of its portfolio in NetApp, Inc. (NASDAQ:NTAP) for 50,886 shares.

Analysts await NetApp, Inc. (NASDAQ:NTAP) to report earnings on February, 21. They expect $0.74 earnings per share, up 2.78% or $0.02 from last year’s $0.72 per share. NTAP’s profit will be $197.43 million for 21.00 P/E if the $0.74 EPS becomes a reality. After $0.70 actual earnings per share reported by NetApp, Inc. for the previous quarter, Wall Street now forecasts 5.71% EPS growth.

Shelton Capital Management increased Amgen Inc (NASDAQ:AMGN) stake by 2,809 shares to 72,293 valued at $13.48M in 2017Q3. It also upped Mastercard Incorporated (NYSE:MA) stake by 25,000 shares and now owns 40,325 shares. Franklin Res Inc (Put) (NYSE:BEN) was raised too.

Since August 30, 2017, it had 0 insider purchases, and 8 insider sales for $3.93 million activity. 34,000 shares were sold by WALLACE RICHARD P, worth $1.48 million. RICHARD HENRI P also sold $86,722 worth of NetApp, Inc. (NASDAQ:NTAP) on Monday, October 2. On Wednesday, January 3 the insider REICH JOEL D sold $362,686. $1.11M worth of stock was sold by NEVENS THOMAS MICHAEL on Tuesday, January 2. 3,826 shares valued at $241,076 were sold by Kurian George on Monday, January 22.

Intermediate Capital Group plc is a private equity firm specializing in direct and fund of fund investments. The company has market cap of 3.22 billion GBP. Within direct it specializes in private debt, credit and equity investments. It has a 16.34 P/E ratio. It invests in growth capital, reinvestment, bridge financing, restructuring of a shareholder base, acquisitions, public to private transactions with or without private equity backing, leveraged and acquisition finance, leveraged credit, partnership equity, management buyouts and management buyins, secondary investments, development capital, public quoted firm finance, off-balance-sheet finance, refinancing and recapitalizations, and pre-IPO financing.