One Wealth Advisors LLC lessened its place in Gartner, Inc. (NYSE:IT – Get Ranking) by 23.1% within the third quarter, based on its most up-to-date disclosure with the SEC. The agency owned 2,272 shares of the knowledge know-how companies supplier’s inventory after promoting 681 shares in the course of the interval. One Wealth Advisors LLC’s holdings in Gartner had been price $629,000 as of its most up-to-date submitting with the SEC.
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Different hedge funds have additionally just lately added to or decreased their stakes within the firm. Altshuler Shaham Ltd bought a brand new place in shares of Gartner in the course of the third quarter valued at roughly $31,000. Vienna Asset Administration LLC bought a brand new place in Gartner within the third quarter price $33,000. Carolinas Wealth Consulting LLC bought a brand new place in Gartner within the first quarter price $39,000. SeaCrest Wealth Administration LLC bought a brand new place in Gartner within the second quarter price $37,000. Lastly, Non-public Belief Co. NA bought a brand new place in Gartner within the second quarter price $39,000. Institutional buyers and hedge funds personal 91.86% of the corporate’s inventory.
Gartner Buying and selling Down 1.7 %
IT inventory traded down $5.71 throughout buying and selling on Friday, hitting $330.03. 106,972 shares of the corporate traded palms, in comparison with its common quantity of 422,882. The agency has a market capitalization of $26.08 billion, a PE ratio of 33.19, a P/E/G ratio of 5.44 and a beta of 1.32. Gartner, Inc. has a 1 12 months low of $221.39 and a 1 12 months excessive of $358.25. The corporate has a 50-day transferring common of $337.68 and a 200-day transferring common of $319.64. The corporate has a debt-to-equity ratio of 10.77, a fast ratio of 0.77 and a present ratio of 0.77.
Gartner (NYSE:IT – Get Ranking) final launched its quarterly earnings outcomes on Tuesday, February seventh. The knowledge know-how companies supplier reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $1.13. The enterprise had income of $1.51 billion in the course of the quarter, in comparison with analyst estimates of $1.45 billion. Gartner had a return on fairness of two,645.96% and a web margin of 14.75%. Gartner’s quarterly income was up 15.2% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the prior 12 months, the corporate posted $2.99 EPS. Analysts predict that Gartner, Inc. will submit 9.49 earnings per share for the present fiscal 12 months.
Analyst Upgrades and Downgrades
IT has been the subject of a number of analysis studies. Barclays boosted their goal worth on Gartner from $330.00 to $350.00 and gave the corporate an “equal weight” score in a analysis observe on Friday, December 2nd. StockNews.com upgraded Gartner from a “maintain” score to a “purchase” score in a analysis observe on Saturday, January twenty first. BMO Capital Markets boosted their goal worth on Gartner from $356.00 to $357.00 and gave the corporate a “market carry out” score in a analysis observe on Thursday, February ninth. The Goldman Sachs Group boosted their goal worth on Gartner from $348.00 to $391.00 and gave the corporate a “purchase” score in a analysis observe on Wednesday, November 2nd. Lastly, Morgan Stanley boosted their goal worth on Gartner from $358.00 to $366.00 and gave the corporate an “equal weight” score in a analysis observe on Wednesday, February eighth. 4 equities analysis analysts have rated the inventory with a maintain score and 4 have issued a purchase score to the corporate’s inventory. In accordance with information from MarketBeat.com, the corporate at present has a median score of “Average Purchase” and a median worth goal of $359.00.
Insider Exercise at Gartner
In different Gartner information, EVP Michael Patrick Diliberto bought 1,270 shares of the inventory in a transaction on Friday, December ninth. The inventory was bought at a median worth of $343.41, for a complete transaction of $436,130.70. Following the sale, the manager vice chairman now instantly owns 12,966 shares within the firm, valued at roughly $4,452,654.06. The sale was disclosed in a doc filed with the SEC, which is accessible via the SEC web site. In different information, EVP Michael Patrick Diliberto bought 1,270 shares of the agency’s inventory in a transaction on Friday, December ninth. The inventory was bought at a median worth of $343.41, for a complete worth of $436,130.70. Following the transaction, the manager vice chairman now instantly owns 12,966 shares within the firm, valued at roughly $4,452,654.06. The transaction was disclosed in a doc filed with the SEC, which is accessible via this hyperlink. Additionally, EVP Scott Hensel bought 3,007 shares of the agency’s inventory in a transaction on Thursday, February ninth. The inventory was bought at a median worth of $355.00, for a complete worth of $1,067,485.00. Following the completion of the transaction, the manager vice chairman now owns 12,885 shares within the firm, valued at $4,574,175. The disclosure for this sale will be discovered right here. Insiders bought a complete of 38,769 shares of firm inventory valued at $13,609,902 within the final 90 days. Company insiders personal 3.70% of the corporate’s inventory.
About Gartner
Gartner, Inc is a analysis and advisory firm, which equips enterprise leaders with insights, recommendation, and instruments that assist construct organizations. It operates via the next segments: Analysis, Consulting, and Conferences. The Analysis phase offers executives with goal insights and recommendation via studies, briefings, proprietary instruments, entry to the agency’s analysis specialists, peer networking companies, and membership packages.
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Need to see what different hedge funds are holding IT? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Gartner, Inc. (NYSE:IT – Get Ranking).
This prompt information alert was generated by narrative science know-how and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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