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.
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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