Callaway Golf Company (ELY)’s President and CEO Oliver Brewer Sold 25,721 Shares; Stonebridge Capital Advisors Raised Covidian LTD (MDT) Holding By $4.87 Million

Medtronic plc (NYSE:MDT) Logo

Stonebridge Capital Advisors Llc increased Covidian Ltd (MDT) stake by 756.86% reported in 2017Q4 SEC filing. Stonebridge Capital Advisors Llc acquired 60,882 shares as Covidian Ltd (MDT)’s stock declined 4.15%. The Stonebridge Capital Advisors Llc holds 68,926 shares with $5.57M value, up from 8,044 last quarter. Covidian Ltd now has $105.23B valuation. The stock decreased 2.58% or $2.06 during the last trading session, reaching $77.64. About 5.19 million shares traded. Medtronic plc (NYSE:MDT) has declined 3.54% since April 7, 2017 and is downtrending. It has underperformed by 15.09% the S&P500.

The stock decreased 0.94% or $0.16 during the last trading session, reaching $16.84. About 1.21M shares traded or 32.35% up from the average. Callaway Golf Company (NYSE:ELY) has risen 47.83% since April 7, 2017 and is uptrending. It has outperformed by 36.28% the S&P500.

Callaway Golf Company, together with its subsidiaries, designs, makes, and sells golf clubs, golf balls, golf bags, and other golf-related accessories in the United States and internationally. The company has market cap of $1.60 billion. It offers drivers, fairway woods, hybrids, irons, wedges, and putters. It has a 40.1 P/E ratio. The firm also accessories, such as packaged sets, golf gloves, golf footwear, golf apparel, travel gear, headwear, towels, umbrellas, eyewear, and other accessories under the Callaway Golf, Odyssey, and Strata brand names.

Since October 26, 2017, it had 0 insider buys, and 9 sales for $3.16 million activity. Another trade for 6,277 shares valued at $96,791 was sold by Lynch Brian P.. $640,000 worth of stock was sold by BREWER OLIVER G III on Tuesday, March 6. 8,000 Callaway Golf Company (NYSE:ELY) shares with value of $132,000 were sold by Arnett Richard H. 8,369 shares were sold by Hocknell Alan, worth $125,535. The insider Thomas Jennifer L. sold 8,503 shares worth $127,120. 68,824 Callaway Golf Company (NYSE:ELY) shares with value of $1.08 million were sold by Howie Neil.

Oliver Brewer, the President and CEO of Callaway Golf Co made sell of 25,721 shares with an average market stock price per share of $17.0 in the company, that are having a value of $437,257 US Dollars. He also unloaded 40,000 shares valued at $640,000 USD in the last 30 days. At present, he has ownership of a total of 365,343 shares or 0.38% of the company’s market cap.

Among 16 analysts covering Callaway Golf (NYSE:ELY), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Callaway Golf has $21.0 highest and $10 lowest target. $16.32’s average target is -3.09% below currents $16.84 stock price. Callaway Golf had 43 analyst reports since August 23, 2015 according to SRatingsIntel. Cowen & Co maintained Callaway Golf Company (NYSE:ELY) rating on Tuesday, February 6. Cowen & Co has “Hold” rating and $16.0 target. The company was maintained on Monday, October 23 by Cowen & Co. On Friday, August 4 the stock rating was maintained by Jefferies with “Buy”. The firm earned “Outperform” rating on Tuesday, March 15 by Imperial Capital. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, January 24 report. As per Thursday, September 28, the company rating was maintained by Roth Capital. The stock of Callaway Golf Company (NYSE:ELY) earned “Buy” rating by Sterne Agee CRT on Sunday, August 23. As per Tuesday, May 23, the company rating was maintained by Imperial Capital. The firm has “Buy” rating by J.P. Morgan given on Thursday, December 14. The stock of Callaway Golf Company (NYSE:ELY) has “Buy” rating given on Thursday, October 26 by SunTrust.

Analysts await Callaway Golf Company (NYSE:ELY) to report earnings on May, 3. They expect $0.51 earnings per share, up 70.00% or $0.21 from last year’s $0.3 per share. ELY’s profit will be $48.58M for 8.25 P/E if the $0.51 EPS becomes a reality. After $-0.15 actual earnings per share reported by Callaway Golf Company for the previous quarter, Wall Street now forecasts -440.00% EPS growth.

Investors sentiment increased to 1.36 in 2017 Q4. Its up 0.17, from 1.19 in 2017Q3. It increased, as 19 investors sold Callaway Golf Company shares while 62 reduced holdings. 34 funds opened positions while 76 raised stakes. 80.37 million shares or 2.05% less from 82.05 million shares in 2017Q3 were reported. Moreover, Goldman Sachs Group has 0% invested in Callaway Golf Company (NYSE:ELY). Mackenzie Financial owns 181,439 shares. Texas Permanent School Fund stated it has 0.01% of its portfolio in Callaway Golf Company (NYSE:ELY). Invesco Ltd invested 0% of its portfolio in Callaway Golf Company (NYSE:ELY). Stratos Wealth Prtnrs holds 0% in Callaway Golf Company (NYSE:ELY) or 141 shares. Northern Trust Corp holds 0% or 1.41 million shares. 433,099 are held by Cipher Capital Ltd Partnership. Acadian Asset Lc accumulated 141,234 shares. Thompson Davis And Communication holds 0.03% of its portfolio in Callaway Golf Company (NYSE:ELY) for 1,000 shares. Cap Fund stated it has 0% of its portfolio in Callaway Golf Company (NYSE:ELY). 100 are owned by Reilly Fincl Ltd Llc. Millennium Mngmt Limited Co reported 0.05% of its portfolio in Callaway Golf Company (NYSE:ELY). Hartford Invest Mgmt has invested 0.06% in Callaway Golf Company (NYSE:ELY). Putnam Invs Ltd Com, a Massachusetts-based fund reported 47,745 shares. Panagora Asset holds 0.04% in Callaway Golf Company (NYSE:ELY) or 728,589 shares.

Among 28 analysts covering Medtronic (NYSE:MDT), 18 have Buy rating, 0 Sell and 10 Hold. Therefore 64% are positive. Medtronic had 82 analyst reports since August 10, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Wednesday, August 23. The firm has “Conviction Buy List” rating given on Friday, November 13 by Goldman Sachs. As per Wednesday, November 23, the company rating was maintained by Barclays Capital. The stock of Medtronic plc (NYSE:MDT) earned “Buy” rating by Needham on Wednesday, February 22. On Tuesday, August 22 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Sunday, August 20. The firm has “Buy” rating by Deutsche Bank given on Monday, July 31. The firm has “Market Perform” rating by Wells Fargo given on Monday, October 9. The firm has “Neutral” rating by Wedbush given on Wednesday, June 1. The stock has “Buy” rating by BMO Capital Markets on Tuesday, December 12.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.10, from 1.12 in 2017Q3. It worsened, as 65 investors sold MDT shares while 427 reduced holdings. 111 funds opened positions while 393 raised stakes. 1.04 billion shares or 2.98% less from 1.07 billion shares in 2017Q3 were reported. Optimum Inv Advisors has invested 0.07% in Medtronic plc (NYSE:MDT). Axa invested 0.23% in Medtronic plc (NYSE:MDT). Tx holds 76,813 shares. Guardian Capital LP holds 0.12% or 97,446 shares in its portfolio. Ibm Retirement Fund holds 0.54% of its portfolio in Medtronic plc (NYSE:MDT) for 35,969 shares. South Dakota Invest Council accumulated 618,476 shares. Clearbridge Limited Co holds 7.46M shares or 0.56% of its portfolio. Warren Averett Asset Management Limited Liability Corp reported 10,868 shares. Fdx Advisors holds 0.09% in Medtronic plc (NYSE:MDT) or 40,549 shares. Nuveen Asset Lc holds 62,587 shares or 0.03% of its portfolio. New York-based Tiaa Cref Invest Ltd Liability Corp has invested 0.23% in Medtronic plc (NYSE:MDT). First Tru Advsrs Limited Partnership owns 439,005 shares. First Citizens Bank And Trust Company holds 0.11% or 10,187 shares. Citigroup reported 1.50M shares. Cognios Cap Ltd Liability Com holds 25,117 shares or 0.76% of its portfolio.

Callaway Golf Company (NYSE:ELY) Institutional Positions Chart